Wednesday, August 17, 2011

20110817 PM

Dow 11,410.21 +4.28
Nasdaq 2,511.48 -11.97
SP500 1,193.89 +1.13
30-yrBond 3.57% -0.08

GLD 174.42 +0.50
SLV 39.33 +0.30
PTM 21.50 +0.25
XLE 68.34 +0.27
XLF 13.01 +0.08
VXX 33.53 +0.66

Today, 17th, was big astro cycle day.
Dollar lower and looks to go lower ... to test 72.
Expecting stock indices to move higher.
Metals slightly higher. Gold is building a base to retake 1800. Silver closed above round number 40.

Chavez in Venezuela is nationalizing gold miners. Also moving Venezuela-owned gold from safekeeping outside the country into the country. 15th largest holder of Venezuela, having 365 tons of gold. 99 tons is at Bank of England.

BGU 57.01 -0.02. Increased long position at 57.10.

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