"Unfortunately for gold, the editors of gold timing newsletters are even more bullish now than they were this summer. In fact, they currently are more bullish than they have been in three and one-half years. Contrarians do not consider this to be a good sign at all."
This is an opinion i dont agree with. I see and hear many bearish comments on gold lately. Id love to know how he has measured this bullish sentiment to be higher than 6 months ago. Anyone who trades paper gold will tell you the chart is borderline bearish,these same traders are not making money if they go long as they keep getting hammered. They would need to be nimble to get out with some profits on the long side. Only recently gold shares have rallied but many long term holders are deeply under water on their investments.
Personally im not too bullish at the moment though i have been buying physical and not paper gold.
