April 14, 2011

SILVER (SIJ1, SLV, SIVR) SHORT SQUEEZE ON DATA FROM CHINA

Silver experienced a massive short squeeze today that was initially triggered by data from China. Our proprietary algorithms slice and dice every tick of the silver futures and various silver ETFs such as iShares Silver Trust (SLV).
The pattern today in siver was classic short squeeze. Shares of various silver ETFs were not available for short selling at a number of brokers.

The short squeeze may be climaxing here. We added four 5% tranches to the short position on the silver futures at $42.12. Now we are short 25% of the full score size quantity on silver.

We caution readers that this is a high risk high reward trade.If

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April 14, 2011

ADDING TO SILGAN (SLGN)

We added another tranche to our Silgan (SLGN) short position at $45.68. Please see prior posts for details.

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April 14, 2011

REASON FOR PAN AMERICAN SILVER (PAAS) DOWNDRAFT

Pan American Silver Corp. (PAAS) is down aggressively. The reason behind the move is concerns about nationalization of the mines belonging to Pan American Silver in Bolivia.

We are analyzing the data. This is either a big buying opportunity or an opportunity to short Pan American Silver.

We are applying the ZYX Change Method and as soon as the situation becomes clear, if appropriate, we will issue a buy or a short signal on ZYX BUY CHANGE ALERT or ZYX SHORT SELL CHANGE ALERT.

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April 14, 2011

MORE ON COEUR D’ ALENE MINES (CDE)

The mines in Bolivia that were always private will not not be nationalized. So now the question is if Coeur d’ Alene Mines (CDE) acquired its mines from the state or were its mines always private?

Please see the prior post for more details.

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April 14, 2011

REASON FOR COEUR D’ ALENE MINES (CDE) DOWNDRAFT

Coeur d’ Alene Mines (CDE) is down aggressively. The reason behind the move is concerns about nationalization of the mines belonging to Coeur d’ Alene Mines in Bolivia.

We are analyzing the data. This is either a big buying opportunity or an opportunity to short Coeur d’ Alene Mines.

We are applying the ZYX Change Method and as soon as the situation becomes clear, if appropriate, we will issue a buy or a short signal on ZYX BUY CHANGE ALERT or ZYX SHORT SELL CHANGE ALERT.

… Please click here or the title below to read more.

April 14, 2011