October 4, 2012

GOLD RUN ON ROMNEY WIN DEFIES LOGIC

Gold is running on the Romney debate win as the momentum (momo) crowd is getting excited and aggressively buying. The momo crowd favors Romney. The logic be damned. It is indisputable, in my opinion, that a Romney win is bad for gold and silver.

Why is that? Romney has clearly expressed that he will fire Bernanke; of course, he cannot literally fire Bernanke, he simply means that he will not reappoint Bernanke as the Fed Chairman.

The premise behind the momo crowd buying gold and silver is Quantitative Easing (QE) engineered by Bernanke. If Romney wins, QE will be short-lived. If the momo crowd were to use logic, they would realize that a Romney debate win is a negative data point for gold and should be selling gold and silver.… Please click here or the title below to read more.

October 4, 2012

PLAN ON THC

This post was just published on ZYX Buy Change

THC is a hospital chain that will benefit if Obama wins but will be hurt if Romney wins.

Partial profits have already been taken on 30% of the position.

The plan is to continue to steadily take partial profits unless the political situation becomes clearer. At this point it is difficult to tell who will win.

From a fundamental perspective THC will benefit even if Romney wins, but this will not be the perception on a Romney win, therefore the stock will get hurt. In such an instance, a big down dip in THC will be a buying opportunity.… Please click here or the title below to read more.

October 4, 2012

SMART MONEY IN GOLD, SILVER, AND MINERS

This post was just published on ZYX Buy Change

SYMBOL	SMART MONEY BUYING IN MILLIONS OF $	SMART MONEY SELLING IN MILLIONS OF $
GLD	22.41
SLV		6.32
ABX	12.21
NEM	8.35
GDX	20.56
GDXJ	6.23
GG		4.24
SLW		0.77
PAAS	1.23
CDE		1.39

Smart Money in our parlance is the ultra sophisticated money than knows more, than knows early, that has tremendous amount of analysis powers, and that has extensive resources.

The data is for the day.

We monitor gold and silver trading data from a variety of instruments and sources from across the globe. The above table is only a small representation.… Please click here or the title below to read more.

October 4, 2012

TAKE PARTIAL PROFITS ON THC

This post was just published on ZYX Buy Change

Consider taking partial profits on a 10% tranche on THC in the zone of $6 to $6.50 in view of strong performance by Romney in the debate.… Please click here or the title below to read more.

October 4, 2012