This post was just published on ZYX Buy Change Alert Yesterday evening after the fiscal cliff talks broke down, the momo crowd successfully ran up gold to over $1671 but could not overcome the micro resistance at $1672. Gold fell back under $1669 and the momo crowd tried to run it
This post was just published on ZYX Buy Change Alert. SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ GLD 0 0 SLV 20.72 ABX 5.21 NEM 37.20 GDX 0 0 GDXJ 0 0 GG 0.62 SLW 0 0 PAAS 0.30 CDE
This post was just published on ZYX Short Sell Change Alert. For details please see the prior post GOLD BREAKS MOMO CROWD’S LINE IN THE SAND.
This post was just published on ZYX Short Sell Change Alert. Consider staying short on silver ETF SLV and silver miner SLW. Silver is trying to break the support a $33. (Equivalent in SLV is $32.10.) If silver closes below the support, then the support will become the resistance. We are seeing light selling by Smart Money
This post was just published on ZYX Short Sell Change Alert For diversification reasons those who are short silver miner SLW may not consider this trade unless they have a large account. Initiating a 10% tranche in the premarket right here at $31.04. The short zone is $30.75 to $31.58. Stop
The Federal Reserve provides a gold mine of both medium-term investment opportunities and short-term trading opportunities. The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings every year. One of those is being held this week, with a rate decision set to be announced at 2:15 p.m. Eastern on
This up-leg in gold and silver was first initiated by speculation about QE3, and then gathered steam after QE3 was announced. The announcement of the bond buying program from the European Central Bank (ECB) helped stoke the fires of the precious metal bulls. Gold and silver investors should take notice
During the presidential debate on Wednesday in Denver, every time Gov. Mitt Romney seemed to score a point on President Barack Obama, gold futures ticked higher. At points when Obama seemed to be recovering, gold futures ticked down. As the debate ended and gurus, even on MSNBC, started proclaiming Romney the winner
This post was just published on ZYX Buy Change SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ GLD 22.41 SLV 6.32 ABX 12.21 NEM 8.35 GDX 20.56 GDXJ 6.23 GG 4.24 SLW 0.77 PAAS 1.23 CDE 1.39 Smart Money in our parlance is the
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