On September 25, 2012, the news was that central banks were buying gold. Gold fell from its morning peak. On September 26th gold continued to fall with some recovery in the afternoon. The International Monetary Fund (IMF) reported in its monthly statistics that Turkey, Korea, Russia, Kazakhstan, Ukraine and Kyrgyz were buying gold
This post was just published on ZYX Short Sell Change Gold is down $17 in spite of fresh data from the International Monetary Fund (IMF) that Kazakhstan, Turkey, South Korea, and Russia have recently been buying gold. Today several analysts are out thumping their chests to buy gold because of
This post was just published on ZYX Buy Change This morning the momo crowd was aggressively buying gold and only lightly buying silver. Both metals were pushed up. As the rumors of riots in Spain started spreading, momo crowd started selling gold and silver. Only very light selling was seen
This post was just published on ZYX Buy Change SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ GLD 2.06 SLV 21.32 ABX 2.35 NEM 0.26 GDX 1.03 GDXJ 0.18 GG 2.71 SLW 1.24 PAAS 1.04 CDE 0.21 Smart Money in our parlance is
This post was just published on ZYX Buy Change This morning gold and silver ran up strongly then made a round trip by pulling back to where they started from. Gold and silver options expire on Tuesday. Option expiration appears to be on the upside. The up move was related to
This post was just published on ZYX Buy Change Alert On the QE3 news, gold, silver, and miners rocketed up. Now that we have had time to carefully study the QE3 program it is absolutely clear that the momo crowd misunderstood the QE3 program. Momo crowd’s arguments are simple; the Fed
This post was just published on ZYX Short Sell Change Alert Consider adding a 5% tranche to SLV right here around $33.70. Stop at $34.32. Future EQ $34.80. The following post was also just published on ZYX Short Sell Change Alert Consider adding a 5% tranche to SLV around $33.62. Future EQ
This post was just published on ZYX Short Sell Change Alert Consider exiting a 15% tranche in SLV in the zone of $31.75 to $32.15. As of this writing SLV is at $32.12. Futures EQ is $33.14. After this fill 55% of full core position size will be held. The purpose
This post was just published on ZYX Buy Change Alert As the first rumor of killing of American ambassador to Libya surfaced, Smart Money buying of gold and silver started in earnest. So far the buying has ranged from mild to heavy. Buying in silver by Smart Money is short covering;
This post was just published on ZYX Buy Change Alert SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ GLD 1.2 SLV 56.7 ABX 8.21 NEM 0.12 GDX 1.06 GDXJ 5.68 GG 13.16 SLW 2.81 PAAS 6.44 CDE 7.89 Smart Money in our parlance is