Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.

Neno

NOTES:
For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017


A Remarkable View Of The War In Gold And The U.S. Dollar

Share

Lobo
Moderator
Moderator

Posts : 17977
Thanked : 881
Join date : 2013-01-12

A Remarkable View Of The War In Gold And The U.S. Dollar

Post by Lobo on Wed 09 Sep 2015, 8:10 pm

A Remarkable View Of The War In Gold And The U.S. Dollar

12264 Views September 09, 2015 GOLD, KWN, KWN II King World News



With the U.S. Dollar Index surging above 96 and gold trading near $1,100, today King World News is pleased to share a piece which takes a remarkable look at the war in the U.S. dollar and gold 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 have been covering shorts into the recent weakness in the dollar. They are now clearly off of one of the most bearish postures in past 30 years, where they were betting on a significant dollar decline. However, it is important to note that they are still net-short the dollar (see chart below). 
King World News note:  It is also important to note that the public has moved from one of the largest bets and excessively optimistic sentiment levels on the U.S. dollar rising to very close to excessive pessimism (see chart below).

King World News note:  What is interesting is that even as the war in the dollar rages, the public is extremely pessimistic on where the price of gold is headed and that is very positive from a contrarian perspective (see chart below).
King World News note:  You can also see the excessive pessimism with regard to the public’s view on where the price of gold is headed in their sentiment toward the gold market, which remains solidly in the “excessive pessimism” camp (see chart below).
King World News note:  Regardless of where the dollar trades from current levels, it appears that the gold market is carving out a bottom as the public holds one of the most pessimistic views of gold in years (take a second look at the Rydex Precious Metals Asset Chart above).


http://kingworldnews.com/a-remarkable-view-of-the-war-in-gold-and-the-u-s-dollar-2/

    Current date/time is Thu 08 Dec 2016, 8:17 am