146 days ago • Posted by William Ramstein

Gold sentiment is crashing from a summer high

Gold bullion has dropped nearly $400 an ounce since its high last August. Shares of gold mining companies have dropped even more in percentage terms: The VanEck Vectors Gold Miners ETF GDX has dropped 29% since August. The graph shows the average recommended gold market exposure level among short term gold timers. The plot rose to a high 84% in August but has fallen 40% since. Source: thestreet.com