August 7, 2014

IS GOLD WRONG AND OIL RIGHT ON UKRAINE AND RUSSIA? $GLD $USO $GDX $GDXJ $SLV #OIL #GOLD #SILVER

IS GOLD WRONG AND OIL RIGHT ON UKRAINE AND RUSSIA? $GLD $USO $GDX $GDXJ $SLV #OIL #GOLD #SILVER

There is a significant difference in the responses of oil and gold to the media frenzy triggered by a comment by Polish Foreign Minister Radoslaw Sikorski on Tuesday, Aug. 5. “There are several battalion groups there. There is a large concentration of military hardware there. These things are being done just to exert pressure. Or to enter,” he said. There was nothing new in his comments, but nonetheless, in the ensuing furor, gold took off. The annotated tick chart of gold futures shows its rise since that time.

Please click here for an annotated tick chart of gold.

Gold has traditionally been a hedge against geopolitical instability.… Please click here or the title below to read more.

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TAKE MORE PARTIAL PROFITS ON VXX $VXX $VIX #VOLATILITY

This post was just published on ZYX Buy Change Alert.

Consider taking advantage of strength in VXX and realizing profits on another 5% tranche in the zone of $33.80 to $34.73.  VXX is trading at $34.17 as of this writing.  After this profit taking 20% of the full core position size will be remaining.

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