On the heels of the Fed taking no action, today King World News is pleased to share a fantastic piece which gives readers a shocking view of the war in the silver and U.S. dollar markets. This piece also includes three key illustrations that all KWN readers around the world must see.
King World News note: This astonishing chart from SentimenTrader shows that the silver hedgers are now in one of the most bullish positions (third largest) in the past decade (see chart below)!
King World News note: The second chart from SentimenTrader shows that the sentiment in the silver market is at one of the most pessimistic levels ever (see chart below).
King World News note: Meanwhile, the third chart from SentimenTrader shows that the U.S. dollar hedgers are now solidly back into one of the most heavy short positions ever (see chart below).
King World News note: These charts show that the commercials are now betting heavily against the U.S. dollar and positioning for a substantial rally in the precious metals, particularly silver (and gold, which was highlighted earlier today). 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.
***ALSO RELEASED: This Stunning Event Has Only Happened One Other Time In The History Of The Gold Market CLICK HERE.
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