This post was just published on ZYX Short Sell Change Consider buying to cover a 15% tranche on SLV in the zone of $30.50 – 31.17. This will leave 25% of the full core position size. SLV is trading around $31.16 in the pre-market.
This post was just published on ZYX Buy Change Alert. England has been engaged in massive QE. Our sources indicate that Bank of England may halt QE as the data is showing that it is no longer effective. Will the Federal Reserve start mulling the same thing down the road? This major development should be
This post was just published on ZYX Buy Change As we told you yesterday early morning, the momo crowd was aggressively buying gold and silver. The buying continued throughout the day and is continuing this morning. The momo crowd is advancing double bottom in gold as the reason for buying. Take
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 recently published on ZYX Short Sell Change In the year 2011-12 , India imported 1,067 tonnes of gold worth about $60 billion. In the April-June quarter of 2012-13 fiscal year, gold imports had contracted by 18.4 per cent year-on-year to about $13 billion. India’s imports of gold are likely