This post was just published on ZYX Buy Change Alert Gold and silver have been running up on anticipation of the Fed easing and stimulus from the ECB. The strong GDP number released at 8:30 am EDT makes it difficult for the Fed to ease at this point. Q2 advance GDP
Now it is universally accepted that growth in China is slowing. If a large number of communications that we receive are any indication, North American investors make two underestimations: first how much China’s growth is really slowing, and second how much it can hurt their investments in stocks, bonds and
Central banks across the globe have been waging a war against the natural economic ebb and flow. Like any war, it has had many battles. Since 2008, central banks have won every battle. Now their luck is running out. I do not know how the war will turn out, but
This post was just published on ZYX BuyChange Alert Our very very short term bias on gold and silver has now turned negative within the context of a neutral rating. As a full disclosure, now we are short on GLD for a very, very short-term trade.
A potential game changer for gold, silver, euro, and yen is just ahead. The game changer is the meeting of the European Central Bank (ECB). Traditionally the ECB has towed the line of the Bundesbank inflation hawks. Jean-Claude Trichet, the chief of ECB until 2011, kept monetary policy tight and
Traditional technical analysis is more of an art than a science. Experienced practitioners of the art of technical analysis can look at the same chart and come to different conclusions. The way we resolve various contradictions is by backtesting and taking only those signals that show high probability of success
This post was just published on ZYX Short Sell Change Alert On June 19, close to this swing peak in gold and silver , we posted, Gold and silver are set up perfectly for a short sell here. The reason is that the probability of QE3 is low and if Fed announces
The Federal Open Market Committee (FOMC) of the Federal Reserve System holds eight scheduled meetings in a year. The results of these meetings provide not only trading opportunities, but also extremely valuable data points for investments. The June 19 to 20 FOMC meeting is upon us. As always, there is
The Greek election is this Sunday, and no matter what the outcome, the election is negative for gold and silver in the medium-term. I believe this conclusion flies in the face of conventional wisdom. Not many will have the conviction to publish an unpopular view against conventional wisdom right before
This post was just published on ZYX Short Sell Change Alert India is the world’s largest coal importer. Contrary to the rumors being spread by the gold momo crowd data from publicly traded gold instruments in India shows aggressive selling. Anecdotal evidence shows that the demand for the physical gold and