Wednesday, August 12, 2015

A Remarkable Look At The War In The Gold, U.S. Dollar And Crude Oil Markets

"On the heels of China devaluing the yuan, today King World News is pleased to share a piece which give a remarkable look at the war in the gold, dollar and crude oil markets.  This piece also includes four key illustrations that all KWN readers around the world must see.
King World News note:  This astonishing chart from SentimenTrader shows that the U.S. dollar hedgers are now in one of the most bearish postures in past 30 years, betting on a significant dollar decline (see chart below). 
KWN SentimenTrader II 8:11:2015
King World News note:  The next chart from SentimenTrader shows that sentiment in the gold market is now worse than what it was when gold was $250 an ounce.  Sentiment is currently at the second most pessimistic level in the past 25 years! (see chart below).
KWN SentimenTrader I 8:11:2015


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