Yesterday KWN received the following communication from the CEO of a widely-followed company in the mining sector.
November 25 (King World News) – The CEO of Continental Gold, Ari Sussman, sent KWN the following note and chart: “Amazing how bearish on gold everyone is presently. Look at this one year daily chart and notice the MACD made a positive cross this week.” (see chart below).
King World News note: Ari Sussman is also aware of the current structure of the COT report and the fact that there is possible downside vulnerability based on the commercial short positions in the gold market. Sussman is simply pointing out that it is possible the gold market may surprise on the upside based on the pessimism and the short-term buy signal. He believes more upside momentum is clearly necessary to validate the MACD buy signal. It will be interesting to see how gold trades in the coming weeks.
Speaking of gold…
In The Footsteps Of Giants
One of the top questions KWN receives from investors about the mining industry is always: “How do you know out of the thousands of companies there are to choose from which will take-off and which ones will falter?” The answer for smart money investors is always to look for proven leaders with previous success as a good indicator of future success. One individual that fits this description is pictured below with multi-billionaire Robert Friedland.
Multi-billionaire Robert Friedland chose this man to lead his expoloration team and it turned out to be a brilliant move because he was responsible for two of the largest and most important discoveries the world has ever seen while leading the team at Ivanhoe Mines. Investors across the globe are now following this man into his latest venture where he will help lead an exploration team where the CEO believes the team will deliver drill results that will send the stock price soaring more than 1,000 percent! Also, a legend in the business just made a 7-figure investment into this relatively unknown company. To get in on the ground floor and learn more about this remarkable company simply CLICK HERE.
***KWN has now released the powerful audio interview with London whistleblower and metals trader Andrew Maguire and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: Andrew Maguire Says Contacts In China Warn Something Major Is Brewing In The Gold Market CLICK HERE.
© 2017 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.