(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 CONTRACTS, U.S. SLOWS AND GOLD SPIKES June 1, 2012 China PMI came perilous close to a point that indicates economic contraction and about 10% lower
My long time readers know, our models have consistently called every major twist and turn in gold and silver for the last several years. Our most recent trades in gold have been on the short side. On May 23, 2012, we bought to cover the last of the gold short
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) IS GREECE EXITING EUROZONE PRICED IN? May 25, 2012 Is Greece leaving eurozone priced in? As the probability of Greece leaving eurozone increases, debate is raging about its effects. It will all
This post was just published on ZYX Short Sell Change Alert Consider taking partial profits in gold right here at $1538 in June futures or $149.51 in GLD. This will leave only 5% of full position size short. What has changed since the last post this morning is the report that
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) PHILLY FED INDEX CAUSES MASSIVE SHORT SQUEEZE IN GOLD AND SILVER May 18, 2012 The Philly Fed Index is a monthly survey by the Federal Reserve
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) AMERICA’S GOLDEN BOY STUMBLES May 11, 2012 The CEO of JP Morgan, Jamie Dimon, has long been known not only as America’s golden boy, but also
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