The price of gold is consolidating aroud 5-year lows, between $1060 and $1080 /oz. However, optimism towards gold has reached the lowest level ever! As seen on the next chart, the latest Optimism Index readings for gold has dropped to 10, “the 3rd-lowest reading...
Amid the roaring noise of the markets and snowballing geopolitical events, gold prices have suffered a silent and pernicious retreat. Since peaking recently in mid-October of this year, gold prices have dropped more than 8% in value, putting their losses near the same...
Readers know by now that one of our leading indicators in the gold market is the positioning of commercial traders in the gold COMEX market. Now since two weeks, that indicators has become extremely bullish. Note that it is not a good timing indicator, it rather tells...
Dear FutureMoneyTrends.com Member, There are now 294 ounces of “paper gold” for every 1 ounce of gold the COMEX holds that is actually deliverable. JP Morgan reported last week that their COMEX vault declined by nearly 50% starting on November 16th. Currently, JP...