This post was just published on ZYX Short Sell Change Alert. Gold just broke $1600 support and is now at $1596 as of this writing. Both gold and silver are very oversold in the very short-term. A bounce can happen any time. Next support is $1565 to $1575 on gold,
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) TAKE JOBS REPORT WITH A GRAIN OF SALT May 4, 2012 The U.S. Department of Labor reports that unemployment rate fell to 8.1% vs 8.2% consensus.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) THE U.S. GDP DISAPPOINTS April 27, 2112 The U.S. GDP grew by 2.2% vs 2.5% consensus. This is a continuation of the resent spate of weaker
This post was recently published on ZYX Short Sell Change Alert. After the Fed statement that gives no hint of QE3, gold and silver fell to their first support levels. When gold did not break $1625, and silver did not break $30. a massive short squeeze ensued. It is difficult to
This post was recently published on ZYX Short Sell Change Alert. Gold futures fall to $1631 on Fed statement. Silver futures fall to $30.01. Consider staying short on GLD.
(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
Gold and silver are running on rumors of French downgrade.
(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
(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