(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) GOLD CROWD FLOATS FRENCH DOWNGRADE RUMOR March 20, 2012 Yesterday Spanish bond auction went well. Gold traders caught on the long side tried in vain to
This post was published earlier on ZYX Short Sell Change Alert Yesterday gold broke a strong support at $1637 to $1641. From a fundamental perspective, it made sense because the auction is Spain had gone well. Gold would have easily fallen to $1600 if it was not for the rumor
Gold and silver are running on rumors of French downgrade.
This post was published earlier on ZYX Short Sell Change Alert. The resent action in gold has established a major support at $1636 to $1641. 20% of the full core position size is being held in GLD. Will gold break the support or bounce from here? The answer depends on
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) CHINA SLOWS, NORTH KOREAN ROCKET IS A DUD March 13, 2012 Overnight a ton of data including GDP was released in China. Data was worse than
After Friday’s poor job number, the momo crowd has been speculating about QE3. The probability of QE3 is very slim. At best there may be an extension of Operation Twist. What to do now? Those short GLD may continue to stay short. Those not short GLD may wait for a better opportunity.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) A DEEPER LOOK INTO BAD EMPLOYMENT HEADLINE NUMBER AND IMPACT ON OUR INVESTMENTS April 6, 2012 Today is one of those rare days when the U.S.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) INCREASE IN PERSONAL SPENDING 400% OF PERSONAL INCOME INCREASE March 30, 2012 February personal spending came at 0.8% and personal income came at 0.2%. In the
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) SPANISH YIELDS AGAIN OVER 5.5% March 23, 2012 Bench mark 10 year bond yields in Spain have risen to 5.53%. This is a stark reminder that
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) INFLATION DROPS March 16, 2012 Core Consumer Price Index (CPI) drops to 0.1% from prior 0.2%. Consensus was 0.2%. Stocks and bonds are taking encouragement from