This post was just published on ZYX Buy Change Alert. SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ GLD 0 0 SLV 20.72 ABX 5.21 NEM 37.20 GDX 0 0 GDXJ 0 0 GG 0.62 SLW 0 0 PAAS 0.30 CDE
This post was just published on ZYX Buy Change Alert. After Mario Monti, the Italian Prime Minister decided to resign, Smart Money has been steadily buying gold and silver. The buying appears to be short covering. In other words, Smart Money is taking profits on the shorts put on near
The momentum crowd has been running up gold and silver based on superficial beliefs about QE3. This group of investors is not known for deep study or paying heed to rigorous analysis. Now a major player in the metals business is sending a signal loud and clear that gold and silver
This post was just published on ZYX Buy Change The real reason behind the gold, silver, and miner up move today is a rumor that the Bank of Japan will announce $120 billion QE tonight. The Japanese yen has also weakened against the dollar because of the rumor. We have not been able to confirm
The Federal Reserve provides a gold mine of both medium-term investment opportunities and short-term trading opportunities. The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings every year. One of those is being held this week, with a rate decision set to be announced at 2:15 p.m. Eastern on
This up-leg in gold and silver was first initiated by speculation about QE3, and then gathered steam after QE3 was announced. The announcement of the bond buying program from the European Central Bank (ECB) helped stoke the fires of the precious metal bulls. Gold and silver investors should take notice
During the presidential debate on Wednesday in Denver, every time Gov. Mitt Romney seemed to score a point on President Barack Obama, gold futures ticked higher. At points when Obama seemed to be recovering, gold futures ticked down. As the debate ended and gurus, even on MSNBC, started proclaiming Romney the winner
Gold is running on the Romney debate win as the momentum (momo) crowd is getting excited and aggressively buying. The momo crowd favors Romney. The logic be damned. It is indisputable, in my opinion, that a Romney win is bad for gold and silver. Why is that? Romney has clearly
This post was just published on ZYX Buy Change SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ GLD 22.41 SLV 6.32 ABX 12.21 NEM 8.35 GDX 20.56 GDXJ 6.23 GG 4.24 SLW 0.77 PAAS 1.23 CDE 1.39 Smart Money in our parlance is the
This post was just published on ZYX Buy Change Alert Smart Money actions in silver and miners were especially interesting today. For the first time in weeks, Smart Money was buying gold in size before release of the FOMC minutes. After release of the FOMC minutes, when gold crossed $1652