This post was just published on ZYX Buy Change Alert A major move in gold and silver is possible in the wake of Bernanke speech this morning. At this time only Bernanke knows what he is going to say, everyone else is just speculating. Depending upon what he says, there is
This post was just published on ZYX Short Sell Change Alert Option players are flocking to making bullish bets on gold. Now bullish bets on gold by option players are near a four-year high. BUllish bets at extremes are negative. However, gold has been under the control of momo crowd for
This post was just published on ZYX Short Sell Change Alert Consider adding a 5% tranche to SLV around $29.88.
This post was just published on ZYX Short Sell Change Alert Adding a 5% tranche to SLV at $29.61.
This post was just published on ZYX Short Change Change Alert Initiating a 10% tranch short on SLV right here in the pre market at $29.42. The trigger us that silver is moving up on stale FOMC minutes. CAUTION: The risk is high because of data from China released overnight. Please
This post was just published on ZYX Buy Change Alert Smart Money actions in silver and miners were especially interesting today. For the first time in weeks, Smart Money was buying gold in size before release of the FOMC minutes. After release of the FOMC minutes, when gold crossed $1652
This post was just published on ZYX Buy Change Alert Our read of the FOMC statement is that QE3 is on track. Many FOMC members favor easing soon as they seem to be focused on high unemployment. As a result of the statement, stocks are spiking up, bonds became stronger and dollar slumped. Most notable is the
This post was just published on ZYX Buy Change Alert Momo crowd started buying gold this morning when the dollar weakened against euro. When gold broke out of the resistance, our algorithms show that heavy short covering ensued. Yesterday we wrote that there was a very, very short-term trading opportunity. That opportunity has
This post was just published on ZYX Buy Change Alert Last night, we informed subscribers of ZYX Global Multi Asset Allocation Alert of the Spiegel article and its significance for various asset classes including gold and silver. ZYX Global Multi Asset Allocation Alert primarily focuses on the long-term. This is where long-term calls on
European Central Bank Chief Mario Draghi may follow the U.S. lead and fire off his own bazooka. Requesting broader spending powers, Treasury Secretary Hank Paulson famously told Congress that he needed “a bazooka” to head off the financial crisis. German magazine Der Spiegel reports that the ECB is now considering