As gold and silver continue a steady move up from recent lows they face a cluster of resistance. The cluster has been formed by the convergence of a number of popular moving averages. Most charts show jagged price movement. The jaggedness makes it difficult to get a good
Initiating a 10% short tranche on silver (SLV) at $28.54. Short zone is $28.40 to $29.30, stop zone is $29.56 to $30.58, and target will come later. Most investors should focus on GLD, PSLV, and silver arbitrage trades as described in ZYX Short Sell Change Alert.
Kim Jong-Il, the dictator of North Korea has died. North Korea is the most militarized nation in the world with nukes. North Korean troops are staring American soldiers from a few hundred feet. This event may have major implications, especially for gold and silver. Technically, North Korea is still at
My success at calling tops in the gold (GLD) and silver (SLV) markets is well documented. Those not familiar with my work may want to start out by reading the following: · The Arora Report Blog Gold: What To Do Now Gold And Silver: What To Do Now Redux Silver
Short selling silver futures at $43.40. The equivalent in SLV ETF (SLV) $42.20.
We are taking partial profits on our short silver futures trade SI right here at $37.65. Equalent on SLV is $36.70.