The bottom is in when...Gold Sentiment Index hits -30%

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Unobtanium

Unobtanium

Big Eyed Bug
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This chart was posted at Casey Research. It would have been interesting to know what the Index was during the gold "crash" of 2008.

http://www.caseyresearch.com/gsd/edition/usgs-data-reveals-u.s.-gold-production-declining#

"Here's a chart that New Zealand reader Bruce McLean sent my way yesterday...and it shows the extreme bearishness of the Hulbert Gold Newsletter Sentiment Index. You know the bottom is in when you see readings like this, especially when you compare them to what's happened over the last fifteen years...and I've been around for all of them."
Click to expand...

330a2jd.png
 
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