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.
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.
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The audio interviews with Rick Rule, Dr. Paul Craig Roberts, Bill Fleckenstein, Dr. Philippa Malmgren, Egon von Greyerz, Eric Sprott, Robert Arnott, Gerald Celente, Michael Pento, David Stockman, Marc Faber, Felix Zulauf, Andrew Maguire, John Mauldin, Lord Christopher Monckton, John Embry and Rick Santelli are available now. Other recent KWN interviews include Jim Grant — to listen CLICK HERE.