As we have been describing, gold and silver lately have run up on good news and run down on bad news. This morning gold ran up on the good news that Greek agreement had been reached. When the news crossed the wires that Troika had concerns about the agreement, which
Gold (GLD) is running up on the good news that Greek deal is done. Adding a 5% tranche to GLD at $170.05.
Consider another add to GLD right here at $169.85. Those not in GLD may initiate a very small position here. Significantly more information is provided in Real Time to paying subscribers of The Arora Report.
The U.S. Department of Labor just reported employment numbers for January. This number is known as ‘œmother of all numbers.’ January nonfarm private payrolls increased by 257,000 vs. 168,000 consensus. There are several components to this number, but our models focus on nonfarm private payrolls. The number was a blowout
We often trade gold ETF GLD and silver ETF SLV. These ETFs are not available in some international markets. However, different gold and silver ETFs are available in most markets. Please consider ETFs that trade in your market with the following two characteristics: the highest volume ETF and the smallest
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