January 27, 2012
A new 5% tranche short on GLD right here at $167.82. The plan is to build a new short position in GLD starting with the last entry. The plan is to build the position slowly if gold continues to go up all the way to $1825. Our stop zone will
This is the post on ZYX Short Sell Change Alert yesterday at 12:28: ‘FED EASES, GOOD FOR GOLD AND SILVER’ The language behind Fed’s statement amounts to QE2.5. This is positive for gold and silver. Out of the gold ETF (GLD) trade at $161.
Consider adding a 5% tranche to gold (GLD) right here at $163.42. Those not in the position may start a 5% position here. New subscribers: Please carefully study Trade Management Guidelines before entering this trade on GLD. We will continue to follow this trade on the paid subcription Alert service.
S&P today downgraded France and other European countries. Such a downgrade just before the long weekend should have caused about $70 of up move in gold. GLD and SLV not only did not respond, GLD and SLV are now down. Gold futures GCG2 are now down to $1633 and silver
On the morning of January 11, 2012, there was a repeat of twin lessons for long investors in gold and silver miners. First it pays to understand the condition of mines. And second that the money is often made on the short side. Established in 1891, Hecla Mining /quotes/zigman/229110/quotes/nls/hl HL
As gold and silver continue a steady move up from recent lows they face a cluster of resistance. The cluster has been formed by the convergence of a number of popular moving averages. Most charts show jagged price movement. The jaggedness makes it difficult to get a good
Added to short position in GLD at $158.58. Please see ZYX Short Sell Change Alert for follow up on this position in Real Time.
Took a short position on gold (GLD) at $158.19. Please see ZYX Short Sell Change Alert for follow up on this position in Real Time.