Gold investors have become super-bearish, which suggests a buying opportunity is at hand

Rarely have gold timers been more bearish than they are today.

That’s a positive omen, according to contrarian analysis. The gold market performed well in the wake of past occasions when gold timers were as bearish as they have been this week.

This isn’t to deny that other factors are also at play. Gold GC00 clearly has been impacted by rising…