There are plenty of reasons to buy gold; buying gold just because Paulson and Soros bought gold is a fool’s game. For years, I have analyzed Form 13F Reports filed by institutional investment managers with the U.S. Securities and Exchange Commission (SEC). An institutional investment manager exercising discretion over $100 million
This post was just published on ZYX Buy Change Alert Gold and silver are running up on overnight comments from Chinese premier Wen that indicated higher likelihood of stimulus in China. Interestingly gold trading data from Shanghai overnight shows that Chinese investors dismissed Wen’s comments. However, American gold momo
The most recent run in gold and silver is based on the belief that the central banks all over the globe are once again about to ease. When the most recent run up started, there was sound basis for the belief as economic data was weak. However, the recent data
This post was just published on ZYX Short Sell Change Alert Gold and silver are falling hard this morning. As of this writing gold is at $1596 and silver is at $27.65. The reason behind the fall is that economic data both from the U.S. and Europe has come out better
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) STIMULUS ADDICTS WAKE UP AND SMELL MORE BAD DATA FROM CHINA August 10, 2012 There is more bad data from China. Exports rose 1% in
This post was just published on ZYX Buy Change Alert As of this writing extremely aggressive buying is seen in gold. Dollar is weakening but not enough to justify the move in gold. The reason appears to be a rumor from Europe. If there is any credibility to the rumor, we
This post was just published on ZYX Buy Change Alert SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ GLD 5.78 SLV 1.23 ABX 4.82 NEM 7.86 GDX 3.34 GDXJ 1.63 GG 0.62 SLW 0.02 PAAS 0.07 CDE 1.56 Smart Money in our parlance is
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) LET THE BATTLE ROYAL BEGIN August 3, 2012 For the second time in a row, a major piece of U.S. economic data came better than expected.
This post was just published on ZYX Buy Change Alert From the emails we have received, there appears to be a strong interest among our subscribers in gold and silver miners. Yesterday we commented that for the first time Smart Money was buying precious miners in a long time. Here
This post was just published on ZYX Buy Change Alert Gold and silver are being downgraded from neutral with no bias to neutral with negative bias. The reason is Draghi’s failure to act immediately.