The Hulbert Gold Newsletter Sentiment Index (HGNSI) has gone more bearish than it was last week when Mark Hulbert noted it as being very bullish (on a contrarian basis) on a decline to 23.5%. According to information forwarded by subscriber Larry (not a rookie is all I’ll say)...
Read More »
Sentiment
HGNSI at 9.2%
Sentiment Indicator Points To A Sharp Rally Coming In Gold
By one historically accurate contrary sentiment metric, the gold market is poised to stage a surprising move higher soon. From the Hulbert Gold Sentiment Newsletter Index:
over the three decades I’ve been tracking investment newsletters, the gold market has — on average — adhered to the contrarian pattern. That is, bullion...
Read More »
EUR Shorts Return, As Commercial Gold Net Short Positions Hit All Time Record
A week after the EUR posted the biggest short covering rally in history, expunging every single weak hand after a move wiped out 44% of all net shorts, the bearish speculative bets on the EUR are once again rising, according to just released CFTC Commitment of Traders data. After dropping...
Read More »
Too Many Advertisements for Gold?
Focus on the real sentiment indicators...
Read More »
Meanwhile, Fidelity is on the bull case for gold
We contrarians cringe when sentiment gets too frothy, gold is pumped on CNBC and a respectable titan of the conventional investment world speaks of gold as an “asset class”. We cringe, but also realize that at some point in the process, the public is gonna go all-in. At least...
Read More »
Mark Hulbert: Gold’s ever-so-brief new high
Commentary: Contrarian analysis remains upbeat about gold's prospects...
Read More »
Gold and Gold Stock Update
The following is a brief snippet of Wednesday’s 16-page update. Go here for more information on our service and a free 14-day no risk trial.
Gold
Gold remains on track (as far as our template). Here is the potential bullish outcome. The longer Gold holds above $1160 and that trendline, the more likely the bullish outcome.
Sentiment...
Read More »
MarketWatch on Gold Sentiment
It is a few days old but relevant and somewhat actionable.
The piece is here: http://www.marketwatch.com/story/gold-bugs-are-cheerfully-rampant-2010-05-17
Quoting the important parts:
More clearly encouraging are the sentiment measures. Both MarketVane’s Bullish Consensus for gold and the Hulbert Gold Newsletter Sentiment Index actually went down last week — MarketVane by 3 points to 74% and the...
Read More »
Guess Who’s Coming Back to the Gold Patch?
The public just got a little bit interested again on Friday. This is a good sign. I now follow the Rydex Precious Metals Fund as a proxy for retail investor interest/sentiment in the Gold sector. You can too if you want. The total assets in the fund fluctuate wildly, ...
Read More »
Commodity Online Sentiment Poll
Commodity Online polled over 20,000 respondents on the near-term prognosis for Gold. Here are some snippets from the piece:
Read More »
