Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
(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 161K vs consensus of 195K and whisper number of 225K. Inflation is under control. June PCE Core Prices came at 0.2% vs 0.2% consensus. This is our favorite inflation indicator. Year over year PCE Core Prices are up only 1.2%. Prior to the release of the data, gold had fallen under $1285. Immediately after
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 of this writing the stock is at $4.73. In view of the strong overall market consider taking profits on 15% tranche of ZAGG right here in the zone of $4.60 to $4.75 before the market close. The stock reports earnings after the close.
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 full core position size on IPI at an average price of under $9. However there is no guarantee that such a scenario will come true, investors will need to be flexible. The target zone is $18 to $20. Under a preferred scenario, 100% of the full core position size on MOS will
This post was just published on ZYX Buy Change Alert. The world population is increasing. The world is going to need more food. To grow more food, more fertilizer is going to be needed. There are only six major producers of potash in the world. In the very long run, the price of potash is going to go up. However in the short-term, the price is likely to fall by about 25%. This is a generational opportunity to accumulate a potash producer. Among the six major producers we have chosen IPI because it is also the most likely buyout candidate.
This post was published on ZYX Buy Change Alert. Intrepid Potash Russia’s Uralkali, one of the world’s largest potash producers, said this morning that its board has decided to stop its export sales through Belarusian Potash Company and direct all export volumes through Uralkali Trading. The company said, “Unfortunately, we should state that our cooperation with our Belarusian partners within BPC framework has come to a deadlock. It has always been Uralkali’s position that export activities of both producers should go through the unified sales network. This fundamental principle of partnership was violated by the Decree No.566 issued by the Belarusian
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) INFLATION IN JAPAN RISES TO HIGHEST RATE SINCE 2008, GOLD STAYING ABOVE SUPPORT July 26, 2013 Japan is the third largest economy in the world. For years Japan has been mired in deflation. Now there is the first hard data point that policies of Abe Shinzo are working. Japan reported the highest inflation rate since 2008. Core Consumer Price Inflation Index, excluding fresh food, is now at 0.4% year over year. This morning interest rates are backing off