The set-up for gold and silver to be slaughtered was perfect yesterday. There have been considerable outflows from popular ETFs like SPDR Gold Shares (GLD), iShares Silver Trust (SLV), Market Vectors Gold Miners (GDX), and Market Vectors Junior Gold Miners GDXJ. The selling today was quite different from the typical patterns over
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) FOR A CHANGE GOLD FALLS IN EUROPEAN TRADING April 12, 2013 For the last two years, vast majority of big moves in gold have been the
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) DOUBLE WHAMMY OF NUCLEAR MISSILES AND SHOCKING EMPLOYMENT DATA April 5, 2013 North Korea is escalating the situation as it threatens nuclear war. Embassies in its
I always get a large number of emails from investors asking questions about gold and silver. Yesterday the email volume spiked. Basically investors were asking the same question, “Why is gold down on North Korea warning that its military has been cleared to wage a nuclear attack against the
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) STRICT CAPITAL CONTROL IN CYPRUS March 28, 2013 Cyprus has become the first eurozone country to put limits on daily withdrawals, cashing checks, amount of credit card transactions,
This post was just published on ZYX Short Change Alert. Consider taking profits and exiting SLV right here around $27.40. Future EQ is $28.30. The risks are rising because of the situation in Italy.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) EXPECT STOCKS, BONDS AND GOLD TO MOVE ON CYPRUS RUMORS March 22, 2013 Friday’s are especially vulnerable to rumors. Expect stocks, bonds and gold to
This post was just published on ZYX Short Change Alert. There are rumors that a deal has been reached in Cyprus. What To Do Now? Those in SLV may consider adding a 5% tranche right here at $28.28. Future EQ is $29.18. Those not in the SLV may consider initiating a 15% tranche
Wednesday brought us six pieces of news that makes us reflect on the strength in the stock market. Bernanke’s emphasis on cost We have always paid close attention to every word Bernanke utters. Wednesday’s press conference was unusual, in that Bernanke had more emphasis on the cost of the easy
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) OVERALL CONSUMER INFLATION RUNS HOT BUT CORE SUBDUED March 15, 2013 Consumer Price Index (CPI) came at 0.7% vs. 0.5% consensus. However Core CPI came at