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CHANGE IN BIAS ON GOLD AND SILVER

June 7, 2012

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.

TAKE PROFITS IN LOWE’S

June 6, 2012

Consider taking profits in Lowe’s (LOW) and exiting the trade right here at $27.25

APPLE ITV MAY TURN DIRECTV INTO THE NEXT PALM

June 5, 2012

For a while there has been no shortage of speculation about a new TV from Apple (AAPL). Recently, Tim Cook, CEO of Apple stoked the fire by making vague comments about the company’s future in the television business. The speculation ranges from a full-fledged TV set to a big upgrade of existing Apple TV. It has been like a blank canvas that so-called gurus have been painting on to their heart’s content because there is no way to confirm or reject any speculation. Michael White is no run of the mill commentator speculating on Apple TV. White is the chairman of DirecTV (DTV).

THE GREAT BOND BUBBLE JOINS THE S&P

June 4, 2012

The two most important questions Will you lend to someone who is insolvent and has no plan to get out of insolvency at 1.47% for 10 years when inflation is running at about 3% and prospects of hyper-inflation loom? Will you sell good assets that are likely to protect your future because S&P 500 crossed an arbitrary line on a chart? Any astute investor would answer the above two questions with a firm “no.” A question everybody should ask Yet fear is such a powerful emotion that it has overcome logic and sanity in the markets.The good news is that

WEEKLY MARKET DIGEST: STOCKS SLUMP ON BAD ECONOMIC DATA, GOLD SPIKES

June 1, 2012

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) CHINA CONTRACTS, U.S. SLOWS AND GOLD SPIKES June 1, 2012 China PMI came perilous close to a point that indicates economic contraction and about 10% lower than whisper numbers. In the U.S. non-farm payroll came at 82K vs consensus of 168K and whisper number of 120K. Gold and silver are spiking on hopes of QE3. We still think QE3 unlikely, but Operation Twist may be extended. Yesterday we told you that one of the factors with

APPLE iPHONE 5 AND THE INSANITY OF LIQUIDMETAL SPECULATION

June 1, 2012

As Apple (AAPL) makes progress towards releasing iPhone 5, details are leaking out. For a long time, there has been speculation that Apple will use Liquidmetal on a large scale in iPhone 5. Liquidmetal is not a liquid but a commercial name for a series of amorphous metal alloys. These alloys were developed at California Institute of Technology (CALTECH). These alloys are marketed by Liquidmetal Technologies (LQMT). Liquidmetal alloys are made of a mix of titanium, nickel, copper and zirconium, among other metals. These materials feel as smooth as liquid or glass when touched; hence the name Liquidmetal. These materials offer high tensile strength,

THE REASON FOR GOLD EXIT

June 1, 2012

This post was just published on ZYX Buy Change Alert One of our rules is to never to look a gift horse in the mouth. We had $61 gain in gold in less than two hours. Prudence simply called for booking profits. The plan is to buy gold again on pullback.

TAKE PROFITS ON GLD

June 1, 2012

This post was just published on ZYX Buy Change Alert Consider taking profits on gold futures right here at $1616 equivalent on GLD is $156.85. This exits the position.