This Stunning Event Has Only Happened One Other Time In The History Of The Gold Market
KingWorldNews.com
July 29, 2015
After another volatile week in the global markets, today King World News is pleased to feature a piece from one of the greats in the business which highlights something remarkable that has only happened one other time in the history of the gold market. This is truly stunning information that all KWN readers around the world must see.
“Jesus you can’t make a buck in this market, the country’s going to hell faster than when that son of a bitch Roosevelt was in charge. Too much cheap money sloshing around the world. The worst mistake we ever made was letting Nixon get off the gold standard.” — Lou Mannheim (Wall Street).
Jason Goepfert at SentimenTrader notes the astonishing sentiment reading in the gold market: “The latest Optimism Index readings for currencies and commodities showed that gold is still the most-hated contract. Its Optix of 12 was unchanged. It was slightly eclipsed in June 2013 otherwise this is the lowest sentiment for gold since December 1997 (see chart below).
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