How bond yields affect gold


Figure 9 – Source: Investing.com

The graph above shows the sentiment of Investing.com members. 64% of them are bullish on gold. As you can see above, there are also other popular markets listed: S&P 500, Dow Jones, DAX, EUR / USD, GBP / USD, USD Index, and Crude Oil. The sentiment for gold is the most optimistic of all. Yes, the general stock market is climbing to new all-time highs every day, and yet people are even more bullish on gold than stocks.

When gold slips, sentiment is likely to get more bearish and particularly high “bearish” readings – for example, more than 80% would likely indicate a good buying opportunity. Of course, this is not the only factor to pay attention to.

The bottom line? As it stands, being long in precious metals is a poor risk-reward proposition. However, over time (perhaps over the next few months) the momentum will reverse and the precious metals market will shine again.

Thanks for reading our free analysis today. Please note that the above is only a small fraction of today’s global gold and silver trading alert. The latter includes several bonus details such as goals for gold and mining stocks this could be achieved in the coming weeks. If you want to read these premium details, we’ve got some great news for you. As soon as you sign up for our free gold newsletter, you will get 7-day, no-obligation free trial access to our premium gold and silver trading alerts. It’s really free – Register today.

Przemyslaw Radomski, CFA
Founder, editor-in-chief
Sunshine Profits: An Effective Investment Through Diligence and Care

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All the above testing, research and information represents the analysis and opinions of the associates of Przemyslaw Radomski, CFA and Sunshine Profits only. As such, it may prove to be false and be subject to change without notice. Opinions and analyzes are based on data available to the authors of the respective trials at the time of writing. Although the information provided above is based on careful research and sources believed to be accurate, Przemyslaw Radomski, CFA and its associates do not warrant the accuracy or completeness of any data or information reported. The opinions published above do not constitute an offer or a recommendation to buy or sell any securities. Mr. Radomski is not a registered securities advisor. By reading Przemyslaw Radomski’s, CFA declares that you fully accept that it will not be held responsible for any decisions you make regarding the information provided in these reports. Investing, trading and speculating in any financial market can involve a high risk of loss. Przemyslaw Radomski, CFA, Sunshine Profits employees and affiliates as well as their family members may have a short or long position in any stock, including those mentioned in any of the reports or trials, and may make purchases and / or additional sales of these titles without notice.



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