Friday will definitely be a significant trading day, but here is a huge clue as to where the prices of gold and silver are headed.
Even though Friday’s jobs release will have an impact on short-term pricing, gold has rallied to $1,320 and no one really seems to care…
BONUS INTERVIEW:
To listen to billionaire Eric Sprott discuss his prediction for skyrocketing silver
as well as his top silver pick CLICK HERE OR BELOW:
Sponsored
Take a look at a 10-year chart of sentiment in the gold market below.
10-Year Chart Reveals Sentiment In The Gold Market
Not Even Near Excessive Optimism
The same thing is true for the silver market. In fact, sentiment is more subdued as there are even fewer silver bulls (see chart below)…
10-Year Chart Reveals Sentiment In The Silver Market
Not Even Near Excessive Optimism
The Bottom Line
King World News note: Short-term trading volatility aside, the bottom line is that the gold and silver markets are most likely headed much, much higher before the next major setback occurs. Don’t be in a hurry to sell into strength. That is a good way to lose your position and get left on the sidelines as the next leg higher in the secular bull markets in gold and silver get underway.
Also, King World News just interviewed billionaire Eric Sprott who discussed skyrocketing silver and much more and you can listen to the remarkable KWN audio interview with billionaire Eric Sprott by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: Legendary Short Seller Warns Something Is Changing As Attempts To Smash The Gold & Silver Markets Are Now Failing 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 This material may not be published, broadcast, rewritten, or redistributed.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.
