After a slow start for the gold market in 2019, look at what is happening with the GLD (Gold ETF).

Betting Against Gold
January 25 (King World News) – Here is a portion of today’s note from Jason Goepfert at SentimenTrader:  Open interest in puts on the GLD fund has steadily climbed as the fund rallied over the past couple of months, while open interest in calls hasn’t been nearly as robust…

Keith Neumeyer spoke with KWN about $8,000 & $10,000 price targets for gold and much more, to listen immediately CLICK HERE OR ON THE IMAGE BELOW.

Jason Goepfert continues:  That has pushed the Open Interest Ratio close to its highest level in four years.

Betting Against Gold

Made No Difference 2009-2011
During the bull move from 2009 – 2011, a high OI Ratio didn’t make much of a difference
. Since then, the fund has struggled mightily when options traders built up a significant position in puts.

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ALSO RELEASED: Two More Gold Mega-Mergers?…As Emergency Monetary Policies Remain In Place CLICK HERE TO READ.

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