(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) DURABLE GOODS ORDERS PLUNGE August 24, 2012 Durable Goods Orders ex-transports came at -0.4% compared to consensus of +0.6%. Gold futures are at $1666, silver futures
This post was just published on ZYX Short Sell Change Alert Consider adding a 5% tranche to SLV around $29.88.
This post was just published on ZYX Short Sell Change Alert Adding a 5% tranche to SLV at $29.61.
This post was just published on ZYX Short Change Change Alert Initiating a 10% tranch short on SLV right here in the pre market at $29.42. The trigger us that silver is moving up on stale FOMC minutes. CAUTION: The risk is high because of data from China released overnight. Please
This post was just published on ZYX Buy Change Alert Our read of the FOMC statement is that QE3 is on track. Many FOMC members favor easing soon as they seem to be focused on high unemployment. As a result of the statement, stocks are spiking up, bonds became stronger and dollar slumped. Most notable is the
This post was just published on ZYX Buy Change Alert Momo crowd started buying gold this morning when the dollar weakened against euro. When gold broke out of the resistance, our algorithms show that heavy short covering ensued. Yesterday we wrote that there was a very, very short-term trading opportunity. That opportunity has
This post was just published on ZYX Buy Change Alert Last night, we informed subscribers of ZYX Global Multi Asset Allocation Alert of the Spiegel article and its significance for various asset classes including gold and silver. ZYX Global Multi Asset Allocation Alert primarily focuses on the long-term. This is where long-term calls on
European Central Bank Chief Mario Draghi may follow the U.S. lead and fire off his own bazooka. Requesting broader spending powers, Treasury Secretary Hank Paulson famously told Congress that he needed “a bazooka” to head off the financial crisis. German magazine Der Spiegel reports that the ECB is now considering
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) SPAIN IS THE BEST PERFORMING MARKET August 17, 2012 Since July 24th bottom, the Spanish market is up about 25%. The up move continues this morning.
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