Investors hate gold.
Sentiment’s so bad that The Vanguard Group—one of the world’s biggest money managers—is overhauling its gold fund. Not only that, speculators are shorting (betting against) gold more aggressively than ever before.
Regular readers know what I’m talking about. I laid this all out in the August 28 Dispatch.
I need to repeat a critical point of that essay. This sort of bad press sends investors running for the hills. And it keeps other investors from wanting anything to do with that asset.
But not us.
• We’re contrarians here at Casey Research…