Today King World News is pleased to share a fantastic piece which give readers an astonishing view of the war in the gold market. This piece also includes 3 key illustrations that all KWN readers around the world must see.
By Jason Goepfert Founder & CEO Of SentimenTrader
March 31 (King World News) – During the latest bear market beginning in 2011, the Gold Bugs Index (HUI) has had 15 other days when every component in the index was trading below their 10-, 50- and 200-day moving averages. It led to a rebound in the index over the next week after 13 of the 15 days, but returns after that were mixed.
King World News note: The chart below shows excessive pessimism or negative sentiment in the gold market.
King World News note: The chart below shows extreme pessimism in terms of the allocation to the Rydex Precious Metals Assets.
This is just a small portion of the latest fantastic report. To try a free 14-day trial of the internationally acclaimed work that Jason Goepfert produces at SentimenTrader simply CLICK HERE.
***ALSO RELEASED: 50-Year Veteran Warns A Huge Game-Changer Is About To Strike CLICK HERE.
If you are interested in purchasing physical gold and silver for delivery you can call Steve Quayle or his staff at (406)586-4842, or you can email them at info@sqmetals.com
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