This post was just published on ZYX Buy Change Alert On the QE3 news, gold, silver, and miners rocketed up. Now that we have had time to carefully study the QE3 program it is absolutely clear that the momo crowd misunderstood the QE3 program. Momo crowd’s arguments are simple; the Fed
This post was just published on ZYX Short Sell Change Alert Consider exiting a 15% tranche in SLV in the zone of $31.75 to $32.15. As of this writing SLV is at $32.12. Futures EQ is $33.14. After this fill 55% of full core position size will be held. The purpose
This post was just published on ZYX Buy Change Alert As the first rumor of killing of American ambassador to Libya surfaced, Smart Money buying of gold and silver started in earnest. So far the buying has ranged from mild to heavy. Buying in silver by Smart Money is short covering;
(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 SPIKES ON WEAK EMPLOYMENT DATA September 7, 2012 Non-farm Private Payrolls came at 103k vs. consensus of 144k. Gold and silver are spiking on the assumption that
This post was just published on ZYX Buy Change Alert SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ GLD 1.2 SLV 56.7 ABX 8.21 NEM 0.12 GDX 1.06 GDXJ 5.68 GG 13.16 SLW 2.81 PAAS 6.44 CDE 7.89 Smart Money in our parlance is
This post was just published on ZYX Buy Change Alert Today there is an opportunity to buy physical gold in a convenient manner for those who feel a compulsion to buy gold. The opportunity arises from secondary of PHYS or Sprott Physical Gold Trust. Secondary this morning was priced by RBC Capital at $14.90 for
This post was just published on ZYX Short Sell Change Alert Now it is confirmed that ECB bond purchases will be fully sterilized and no new money will be created. Please see prior post for implications. Our advanced information was spot on however, gold and silver momo crowd does not understand
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) PLEASE BE ALERT FOR OPPORTUNITIES IN THE WAKE OF BERNANKE SPEECH August 31, 2012 The much-anticipated Bernanke speech starts at 10:00 am ET at Jackson Hole. Headlines may
This post was just published on ZYX Buy Change Alert A major move in gold and silver is possible in the wake of Bernanke speech this morning. At this time only Bernanke knows what he is going to say, everyone else is just speculating. Depending upon what he says, there is
This post was just published on ZYX Short Sell Change Alert Option players are flocking to making bullish bets on gold. Now bullish bets on gold by option players are near a four-year high. BUllish bets at extremes are negative. However, gold has been under the control of momo crowd for