$GOLD and $Oil Update

December 4, 2014 6:24 pm / Published in GOLD, Market Update, Oil
Oil is one of the major inputs to the U. S. GDP.  WTI crude has fallen from $107 to $66.80 as of this writing.  This is highly deflationary.  In the short to medium-term, it undermines the inflation prongs of the thesis.  Of course this does not change the very long-term outcome.  For the foregoing reasons,

Algo selling – Caution is advised

September 25, 2014 10:59 am / Published in * Trade Alert, GLD, GOLD, Market Update
We took yesterday low very easy. This is a structure typical from algo sellers.  We might be into a large liquidation before the end of the quarter.   Adding hedges just in case.   I have closed all short on GLD and GOLD and decreased the overall risks of the portfolio on equities. Looking into

Market Update Consolidation #SPX

August 7, 2014 9:55 am / Published in GOLD, Market Update, SPX
During the last days we have been marking lows and as soon as we got to the 100D SMA on the SPX/ ES Futures the market took a rest.   Unlike yesterday and the day before, my calculations show that this a greater like hood to trade higher from this point.   The market was

TIME TO TAKE MORE PROFITS

July 31, 2014 10:03 pm / Published in GLD, GOLD, Market Update
A long anticipated correction may be starting in GOLD.   The portfolio is well positioned and those investors who do not want to be fairly active may continue to hold existing positions.   Our models to not see a 2008 style crash.  A correction is likely to be 7% to 12% range.  The world economy

Markets coming down #SPY #GOLD

July 31, 2014 11:10 am / Published in GLD, GOLD, Market Update, SPY
All major indexes are down today as we close the month of July.  This will affect the overall performance of the portfolio and we will took to increase the position side and realocate risk to more conservative sectors.   I am increasing the GOLD hedge and increasing it to 4% of  the portfolio    

Market Update #GOLD above 1300

July 23, 2014 10:15 am / Published in GOLD, Market Update, SPX
The open in USA in the Americas is mix with Brazil down and SPX flat     Oil, gold and bonds are range bound in quiet trading.   After a contentious election in Indonesia, the country has a new President.   Overall earnings since yesterday’s morning capsule are roughly in line with expectations.   Gold