Excessive Negative Sentiment in Gold and Canadian Dollar

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.  (more)