http://www.clivemaund.com/gmu.php?art_id=68&date=2013-03-03

Clive is usually right and insightful about the trend and next steps in gold and silver, and he says last week he turned towards about the most bullish he has ever been in gold. He cites lots of indicators, but perhaps the most telling is the following:

The gold public opinion chart is an absolute dream for gold longs, or new longs. As we can see on this chart the sheep now hold gold in the lowest esteem for years. You can see how routinely wrong the crowd are on gold just by following the red and green lines we have drawn on this chart. They seem to know their place in the system – their job is to work hard, and when they eventually manage to accumulate some capital, turn round and give it to wealthy people, preferably gift wrapped. Anyway, the current reading is viewed as VERY STRONGLY BULLISH.

Ike