Opportunities to sell silver (SLV) right at the top and at 22% over the market price will not come around everyday. Fortunately, the subscribers to ZYX SHORT SELL CHANGE ALERTS were able to capture such an opportunity by using a publicly traded vehicle that was trading 22% over the net asset value of the underlying silver. We will continue to hold this position as we expect ultimately this vehicle to trade at a discount to its underlying silver assets. We anticipate a total return of almost 50% in a very short time.
We are also long ProShares UltraShort Silver (ZSL). ZSL allows those investors who do not want to go short to take advantage of the plunge in silver price from its mania top. Subscribers to ZYX BUY CHANGE ALERTS simply bought ZSL like they buy any other stock.
Quantitative screen of the ZYX Change Method shows fair value of silver under present global-macro economic conditions to be $34.00.
As the chart shows, subscribers to the ZYX Global Multi Asset Allocation Alert, allocated 20% of their assets to silver when silver was $17.73. We also successfully took large profits on our long term long position in silver right near the top. Now ZYX Global Multi Asset Allocation Alert has advised its subscribers to take profits on silver and exit the position completely. The annualized return on this tranche is 236.80%.
The same models that bought silver heavily at $17.73 have now been flashing sell signals for several days with silver near the all-time high.
Subscribers to the ZYX Buy Change Alert and ZYX Short Sell Change Alert are receiving alerts on their Real Time Feeds on silver.
