(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) GOLD RISES ON TRIFECTA OF FACTORS AND NOT EVEN A DEAD CAT BOUNCE IN STOCKS August 16, 2013 Gold rocketed yesterday on Indian rupee weakening,
After a string of spectacular investments, Carl Icahn tweeted on Tuesday at 2:21 p.m., “We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.” Apple stock was trading at $475.81 just before his tweet and shot higher
This post was just published on ZYX Buy Change Alert. According to China Gold Association (CGA), China consumed 706 tonnes of gold in the first six months of this year, a rise of 54% year over year. China consumed 832 tonnes of gold in the entire 2012. Both gold and silver
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) SCHIZOPHRENIC REACTION TO CHINA August 9, 2013 Yesterday the market went up in reaction to strong import export data from China. Today, the market is
Precious metals investors would like gold and silver to trade based on long-term fundamentals and make their buy or sell decisions based on logic or reason that is within the realm of sanity. Unfortunately, in the near term, reality is likely to be quite different. Forget fundamentals and sanity, gold
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) EMPLOYMENT DATA WEAKER THAN EXPECTATIONS, GOLD SPIKES August 2, 2013 The U. S. employment data came much weaker than expectations. Non-Farm Private Payrolls came at
This post was just published on ZYX Short Change Alert. The present ZAGG position is short from $13.85. Profits have previously been taken as low as $6.70. Over a long period of time, significant profits have been booked by trading this position. 50% of the full core position size is being held. As
This post was just published on ZYX Buy Change Alert. Over the next 12 months, we expect a wide range in potash prices from $200 to $350 per ton. Potash stocks may also fluctuate widely. On IPI, a starter position has already been initiated. Our preferred scenario is to accumulate 100% of the