The Federal Open Market Committee (FOMC) meeting minutes from January 29 -30 were released yesterday afternoon. Within the Federal Reserve System, the FOMC is responsible for making key decisions about money supply and interest rates.
There is much debate about the effect of currency wars on gold and its future direction. Currently, the fundamentals of gold are muddled. On the one hand, central banks continue to print lots of money, ...
This post was just published on ZYX Buy Change Alert
Yesterday evening after the fiscal cliff talks broke down, the momo crowd successfully ran up gold to over $1671 but could not overcome the micro resistance at ...
This post was just published on ZYX Buy Change Alert.
SMART MONEY BUYING IN MILLIONS OF $
SMART MONEY SELLING IN MILLIONS OF $
Smart Money in our parlance is the ultra sophisticated money that knows more, that ...
This post was just published on ZYX Short Sell Change Alert.
Consider staying short on silver ETF SLV and silver miner SLW. Silver is trying to break the support a $33. (Equivalent in SLV is $32.10.)
If silver closes below the support, then the ...
This post was just published on ZYX Short Sell Change Alert
For diversification reasons those who are short silver miner SLW may not consider this trade unless they have a large account. Initiating a 10% tranche in ...
The Federal Reserve provides a gold mine of both medium-term investment opportunities and short-term trading opportunities.
The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings every year. One of those is being held this ...
This up-leg in gold and silver was first initiated by speculation about QE3, and then gathered steam after QE3 was announced. The announcement of the bond buying program from the European Central Bank (ECB) helped ...