anxvariety – I subscribe to the Zeal Intelligence (ZI), the monthly letter, and the stock you mention is covered in the Zeal Speculator, the weekly service. However, since all their recommendations are listed on the last page of ZI, I picked it out to buy. But first I needed to know what a Nov 60 call means.
The Zeal newsletter explains that gold moves with the price of the dollar in Phase 1, but on its own in Phase 2.
I read Chris J’s newsletter, and he has his really cool charts analyzing gold, the US$, inflation, and more. He writes that in early 2005, we had a dollar rally, and gold went up. So he found that the US$ doesn’t create fluctuations in the price of gold. He finds gold is more related to inflation. You’ll have to sign up for the newsletter to see this. Does this jive with Zeal? Zeal says in Phase 2 of the gold bull, the dollar and gold are not correlated, but can coincidentally move together. It seems these guys would make the same entry point into gold, just looking from a different angle. Zeal is waiting for a return to the 200dma, while Chris is waiting for all his technical signals to line up. My guess is that they will select the same entry point.
