June 1, 2012

WEEKLY MARKET DIGEST: STOCKS SLUMP ON BAD ECONOMIC DATA, GOLD SPIKES

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.)

CHINA CONTRACTS, U.S. SLOWS AND GOLD SPIKES

June 1, 2012

China PMI came perilous close to a point that indicates economic contraction and about 10% lower than whisper numbers.

In the U.S. non-farm payroll came at 82K vs consensus of 168K and whisper number of 120K.

Gold and silver are spiking on hopes of QE3. We still think QE3 unlikely, but Operation Twist may be extended.

Yesterday we told you that one of the factors with heavy weight in our models to generate a buy signal in gold and silver is additional monetary easing in the United States and China.… Please click here or the title below to read more.

June 1, 2012

APPLE iPHONE 5 AND THE INSANITY OF LIQUIDMETAL SPECULATION

As Apple (AAPL) makes progress towards releasing iPhone 5, details are leaking out.

For a long time, there has been speculation that Apple will use Liquidmetal on a large scale in iPhone 5.

Liquidmetal is not a liquid but a commercial name for a series of amorphous metal alloys. These alloys were developed at California Institute of Technology (CALTECH). These alloys are marketed by Liquidmetal Technologies (LQMT).

Liquidmetal alloys are made of a mix of titanium, nickel, copper and zirconium, among other metals. These materials feel as smooth as liquid or glass when touched; hence the name Liquidmetal.

These materials offer high tensile strength, excellent resistance to corrosion, and strong resistance to scratches.… Please click here or the title below to read more.

June 1, 2012

THE REASON FOR GOLD EXIT

This post was just published on ZYX Buy Change Alert

One of our rules is to never to look a gift horse in the mouth. We had $61 gain in gold in less than two hours. Prudence simply called for booking profits. The plan is to buy gold again on pullback.… Please click here or the title below to read more.

June 1, 2012

TAKE PROFITS ON GLD

This post was just published on ZYX Buy Change Alert

Consider taking profits on gold futures right here at $1616 equivalent on GLD is $156.85.

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

June 1, 2012

BUY ON GLD

This post was just published on ZYX Buy Change Alert

It appears that several subscribers stepped up and bought GLD around $1575 this morning after reading the morning capsule.

Those not long GLD may consider buying a very small position such as a 5% to 10% tranche on any pull back to $1575-$1580.

To clarify, we bought gold at $1555 but it moved to $1575 before we could publish the signal.… Please click here or the title below to read more.

June 1, 2012

CHINA CONTRACTS, U.S. SLOWS AND GOLD SPIKES

China PMI came perilous close to a point that indicates economic contraction and about 10% lower than whisper numbers.

In the U.S. non-farm payroll came at 82K vs. consensus of 168K and whisper number of 120K.

Gold and silver are spiking on hopes of QE3. We still think QE3 unlikely, but Operation Twist may be extended.

Thursday we told you that one of the factors with heavy weight in our models to generate a buy signal in gold and silver is additional monetary easing in the United States and China. Prospects of such easing are now significantly higher than they were only 24 hours ago.… Please click here or the title below to read more.

June 1, 2012