Caution, this is only the third time this has happened in the past 9 years.
More Extreme Fear
April 4 (King World News) – Here is a portion of yesterday’s important note from Jason Goepfert at SentimenTrader: “With Monday’s heavy selling pressure, there was a big uptick in the number of core indicators we follow on the site that were showing an extreme amount of pessimism. For the first time in two years, more than 45% of our indicators were at an extreme. It’s only the third time this has happened since the 2009 low (see chart below).”
Public Becoming Fearful Of Stock Market
King World News note: So many things can go wrong and yet the stock markets are still priced for perfection. The unwind has already begun, but the real question is how far down will the Dow collapse before this bear market ends? In the meantime, gold and silver are preparing to break key levels on the upside, and sentiment in the mining share market is at rock bottom, a perfect setup for a major upside move once the paper games come to an end.
Why I Bought 400,000 Shares Of This Gold Exploration Company
A 16-Bagger In Gold?
Eric King: “I’m a shareholder (purchased 400,000 shares so far in the open market) of your company (symbol TORQ in Canada and TRBMF in the US). I know the insiders have been buying as well and can’t seem to get enough of this stock. You guys are not in this for a double or a triple. When I see you guys (insiders) buying this aggressively (over 2.5 million shares of insider purchases recently), you’re looking to make 5X or 10X your money.”
Michael Kosowan, CEO (insider): “You are right, we don’t look at making 20% or 30%. The large insider shareholdings means that we are really looking to monetize to a larger entity. Our vision is to build these assets and get to over $10 a share (roughly 16X higher than the current price of 65 cents!)…To learn more about which gold exploration company insiders have been buying like crazy CLICK HERE!
***Also Just Released ALERT: Turk Says Silver May Hit $22 Next Month, This Is Why You Should Ignore The COT CLICK HERE.
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