SentimenTrader Issues Extremely Important Update on the Gold Market, Plus the Rise of the Robots

from King World News

With continued consolidation in the gold and silver markets, below is an extremely important update on the gold market that was recently issued by SentimenTrader. There is also a note about the human workforce being by replaced by robots in China.

Jason Goepfert at SentimenTrader: “The last update here suggested that the risk/reward for precious metals, gold in particular, was poor due to an extreme position in speculator positions and seasonality, primarily. Gold has sold off more than 5% since then and optimism has come down quite a bit, causing risk in that market to recede as well.

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