June 7, 2012

TRADING WITH BERNANKE

Over years, Central Bank head Ben Bernanke’s testimonies have become a steady source of profits for me and subscribers to The Arora Report . Bernanke’s testimony from this morning before Congress’ Joint Economic Committee was no different. The race was on to read and interpret the text before the others to generate short-term profits. This is a simple technique that anybody can easily use to make money.

This time, Bernanke made it easy. The crux of his testimony was in the second paragraph,

“Economic growth has continued at a moderate rate so far this year. Real gross domestic product (GDP) rose at an annual rate of about 2 percent in the first quarter after increasing at a 3 percent pace in the fourth quarter of 2011.… Please click here or the title below to read more.

June 7, 2012

NOW WE ARE SHORT ON SILVER (SLV) FOR A TRADE

These posts were just published on ZYX Short Sell Change Alert

SHORT SELLING SILVER

Consider short selling a 10% tranche on silver right here at $28. This trade is a very very short term trade for aggressive investors only.

MORE ON SLV

Stop zone is $29.52- 29.80. Markets are very volatile, risk of loss is high, keep quantity small. The tentative plan is to add to the position if SLV moves higher.… Please click here or the title below to read more.

June 7, 2012

CHANGE IN BIAS ON GOLD AND SILVER

These posts were just published on ZYX Buy Change Alert

BERNANKE POSITIVE ON U.S., NO MENTION OF QE, NEGATIVE FOR GOLD AND SILVER

In the prepared text Bernanke is positive on the U.S. and does not mention QE. Unless he mentions QE in the question answer session, this is negative for gold and silver.

CHANGE IN GOLD AND SILVER BIAS

Gold and silver bias is now changed from positive to neutral in the very, very, short-term and negative in the very, short-term. This does not affect arbitrage trades but those trading gold and silver naked may take notice.… Please click here or the title below to read more.

June 7, 2012