CONTINUE TO HOLD SILVER AND SILVER MINER SLW SHORT $SLW $SLV $GLD
This post was just published on ZYX Short Sell Change Alert. For details please see the prior post GOLD BREAKS MOMO CROWD’S LINE IN THE SAND.
December 18, 2012
This post was just published on ZYX Short Sell Change Alert. For details please see the prior post GOLD BREAKS MOMO CROWD’S LINE IN THE SAND.
(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 DATA IN LINE December 14, 2013 Core Consumer Price Index (CPI) came at 0.1% vs consensus of 0.1%. CPI including food and energy fell 0.3%. Low
This post was just published on ZYX Short Sell Change Alert. Adding a 5% tranche to SLV short around $32.37 (future equivalent is $33.40) based on Fed statement. Stop zone on this tranche is $33.12 to $33.26. The Fed announcement is in line with what we told you about expectations of most rational
This post was just published on ZYX Buy Change Alert. After Mario Monti, the Italian Prime Minister decided to resign, Smart Money has been steadily buying gold and silver. The buying appears to be short covering. In other words, Smart Money is taking profits on the shorts put on near
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) BARN BURNER U.S. EMPLOYMENT DATA December 7, 2012 In a barn burner development November non-farm payrolls came at 146K vs 90K consensus and 80K whisper number;
This post was just published on ZYX Short Sell Change Alert. Consider staying short on silver ETF SLV and silver miner SLW. Silver is trying to break the support a $33. (Equivalent in SLV is $32.10.) If silver closes below the support, then the support will become the resistance. We are seeing light selling by Smart Money
Traditionally gold has exhibited an inverse relationship with the U.S. dollar. In other words, if the dollar goes higher, gold goes lower and vise versa. Today gold and silver are breaking the inverse relationship with the dollar. The dollar is lower and gold has fallen to support at $1700. As
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) PRESIDENT OBAMA TO SPEAK November 30, 2012 President Obama is scheduled to speak later today. Expect the stock market to move up if there is optimism about
This post was just published on ZYX Buy Change Alert. In the momo crowd circles, the explanation being advanced for today’s drop in gold is that it is an erroneous trade that has caused the drop. So far we have seen no evidence of an erroneous trade and the probability is
Gold is getting hammered this morning. No obvious news. There is no corresponding move in currencies. Our algorithms show that yesterday afternoon Smart Money stepped in with selling to meet heavy buying by the momo crowd. This morning the momo crowd has continued to aggressively buy. Momo crowd’s aggressive buying is