With gold trading below $1,170 and silver near $16, today King World News is pleased to share an important update on the silver market. This piece also includes a key illustration that all KWN readers around the world must see.
October 27 (King World News) – Jason Goepfert at SentimenTrader: “The latest Commitments of Traders report showed an eagerness to sell the metals, especially gold and silver. Both are at levels that coincided with peaks in the metals over the past three years (see chart below).
In silver, hedgers now have their largest short position since 2010. As noted last week, this is a huge test for metals and silver in particular. If it can continue to rally in the face of heavy pressure from hedgers, it will be an excellent sign that the bear market is likely over.” These charts are just a portion of one of the latest fantastic reports. To try a free 14-day trial of the internationally acclaimed work that Jason Goepfert produces at SentimenTrader simply CLICK HERE.
***The incredible KWN interview with Agnico Eagle CEO, Sean Boyd, has now been released. This is a chance for KWN listeners around the world to hear from one of the top people on the planet in the gold world and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: Bankster Manipulation Continues As Excess Debt And Leverage Threatens Global Financial System CLICK HERE.
KWN has also now released the audio interview with the top trends forecaster in the world, Gerald Celente, where he discusses the continued chaos in China, the desperation of Western central planners, what to expect from the gold and silver markets, and what to expect from major markets, CLICK HERE OR ON THE IMAGE BELOW.
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