Both silver (SLV) and gold (GLD) continue to follow our script. Before we address what to do now, let us briefly review the history.
Subscribers to ZYX Global Muli-Asset Allocation Alert made a lot of money on silver as shown on the chart. 
Subscribers to the ZYX Buy Change Alert and ZYX Short Sell Change Alert also profited handsomely as shown on the chart.
Subscribers to ZYX Buy Change Alert — Real Time Feed and ZYX Short Sell Change Alert — Real Time Feed received the following entry on May 5th:
Silver futures just broke $36.00. Now we are very close to our targets. Lets not be pigs and take most of our profits here.
Small accounts should consider completely exiting ZSL which at this writing is almost at $24.00.
Large accounts should take profits on all but 10% of the full core position size.
A sharp rally is a possibility.
Subscribers to the ZYX Global Multi-Asset Allocation Alert received the following information on May 7th:
Investors committed to allocating to precious metals may consider gold and stay away from silver. At this time, the model is bearish on both gold and silver for the short-term, neutral for the medium term, and bullish for the long-term.
Officially we will have no position in gold at this time and will look to adding gold to the portfolio at lower prices.
At this point only large accounts are holding small quantities of silver short. Our favorite way to short sell silver is to sell it at 22% over the market price through a publicly trade vehicle as communicated to our subscribers.
Small accounts who are short-term traders have opportunities to trade silver from both the long and short side. However small investing accounts may want to stay away from silver at this point.
