This post was just published on ZYX Buy Change Alert Gold and silver have been running up on anticipation of the Fed easing and stimulus from the ECB. The strong GDP number released at 8:30 am EDT makes it difficult for the Fed to ease at this point. Q2 advance GDP
Now it is universally accepted that growth in China is slowing. If a large number of communications that we receive are any indication, North American investors make two underestimations: first how much China’s growth is really slowing, and second how much it can hurt their investments in stocks, bonds and
Central banks across the globe have been waging a war against the natural economic ebb and flow. Like any war, it has had many battles. Since 2008, central banks have won every battle. Now their luck is running out. I do not know how the war will turn out, but
This post was just published on ZYX ShortChange Alert Now there is $3.82 profit in GLD in one day. Gold futures are at support at $1578.5. Light buying is coming here. Most investors may consider booking profits on GLD right here at $153.18. Aggressive investors may consider holding but putting
This post was just published on ZYX ShortChange Alert Prior to the release of the employment data at 8:30, gold futures were down to $1596. Equivalent in GLD is $154.50. Employment data was weaker than expected. This is giving bulls hope for a QE3 and they are running up gold and
This post was just published on ZYX BuyChange Alert Our very very short term bias on gold and silver has now turned negative within the context of a neutral rating. As a full disclosure, now we are short on GLD for a very, very short-term trade.
This post was just published on ZYX ShortChange Alert Stop zone is $159.11 to $159.58. This position is being triggered by the ECB rate decision. This is a very very short term position, the risk of loss is high. This trade is for aggressive investors only. Target zone is $151 to
This post was just published on ZYX ShortChange Alert Consider short selling a 20% tranche on GLD right here at $157.
A potential game changer for gold, silver, euro, and yen is just ahead. The game changer is the meeting of the European Central Bank (ECB). Traditionally the ECB has towed the line of the Bundesbank inflation hawks. Jean-Claude Trichet, the chief of ECB until 2011, kept monetary policy tight and
Traditional technical analysis is more of an art than a science. Experienced practitioners of the art of technical analysis can look at the same chart and come to different conclusions. The way we resolve various contradictions is by backtesting and taking only those signals that show high probability of success