“There’s no question everyone hates gold right now. But this is actually a good thing for the metal. This extremely negative sentiment could set up the stage for the next move higher.   When nearly everyone hates an asset, it means most investors have already sold it. So the downside may be limited. In March 2009, the survey of futures traders I mentioned above also registered the same low reading of 3% for stocks.  In other words, when U.S. stocks bottomed after the crash, only 3% of future traders were bullish. Since then, the S&P 500 Index has rallied 130%.  If sentiment towards gold changes, we could see an explosive move in the metal.”

http://sovereign-investor.com/2013/04/01/is-it-time-to-give-up-on-gold/

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