As with the Dow and Nasdaq hitting a series of record highs, this danger signal is approaching an all-time record.
Here is an important note from Jason Goepfert at SentimenTrader: The Investor’s Intelligence survey shows near-record bullishness among newsletter writers during the latest week…
To hear which legend just spoke with KWN about $8,000 gold and the coming mania in the
gold, silver, and mining shares markets CLICK HERE OR ON THE IMAGE BELOW.
Jason Goepfert at SentimenTrader continues: Assuming they invest along with their opinions, they’re about fully invested for one of the few times in 30 years (see chart below).
Extreme Exposure To Stocks
If we assume that newsletter writers have a more direct link between their mouths and their wallets, then we must assume that they’re now fully invested, or close to it. The latest survey from Investor’s Intelligence showed a wide spread between bulls and bears. If we translate that to their hypothetical exposure to stocks, they’re at about 95%.
The charts and commentary above are from SentimenTrader. To try a free 14-day trial of the internationally acclaimed work that Jason Goepfert produces at SentimenTrader simply CLICK HERE.
***ALSO JUST RELEASED: ALERT: Greyerz Says Another “Well-Known” Swiss Bank Just Refused To Let A Client See The Gold The Bank Is Supposedly Storing For Them CLICK HERE.
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