written by reader ZYX Change Method?

By blufox, January 18, 2012

Is anyone familiar with this service that presumeably uses a unique technical analsysis system to develop longs, shorts, et al? The site is :
http://thearorareport.com/ZYX%20METHOD.htm
I was reading Marketwatch ”Precious metals will fall if IMF sells gold” by the apparent creator of the site, Nigam Arora. I have never run across this site nor him before as I usually never read this type of article, preferring to do my own research and technicals. Thanks,
/* Phil */

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Dennis
Guest
Dennis
January 20, 2012 10:36 pm

I’m a week into a free trial for this site. I wasn’t impressed with the comments on gold falling to $1200 if the IMF sold gold to raise cash to address the crisis in Europe. It seems implausible based on the amount of gold holdings they have. They’d only raise $140-ish billion if they sold it all, which they can’t come anywhere close to. So any gold sales they could make would raise sums inconsequential to the task at hand. The last time they sold gold, amounting to an eighth of their total at the time, over half the sale was accomplished off market to governments and the rest was sold on the markets over many months, during which time the price of gold went up strongly. I’ve queried Mr. Arora about his logic but no response yet. As for the service itself, too early to tell. I’m agnostic and curious at this early point.

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John
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John
January 22, 2012 5:56 pm
Reply to  Dennis

The Arora Report has correctly called every single major turn in both gold and silver markets since I started subscribing in 2007.
They recommended backing up the truck and buying silver when it was at $17. They also told us to sell silver when it was $50.
When gold was at $1900 and everybody, I mean eveybody was saying buy buy buy, they told us to sell half of gold.
Regarding IMF, I trust whatever Arora Report says because they have lots more data and analysis power than most of us do.

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mfdiva
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mfdiva
February 10, 2012 4:31 pm
Reply to  John

Have you reaped reward on any other recs besides those calling precious metals? I would be very interested in what others with a year long exposure to this methodology have to say about the various newsletters, especially the short sell recs. Thanks.

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John
Guest
John
February 13, 2012 8:48 pm
Reply to  mfdiva

Gold and silver are only a small part of recommendations. The arora Report covers the gamut from equities to currencies to commodities to bonds.
These guys are highly data driven . I have made more money from their services than any other service. I have subscribed to dozens.
The most quick money I made on the short side was when I followed their recommendation and shorted CCJ on Friday at $38 and covered it on Monday at $28.
You have to have some dedication and discipline to follow their method. ZYX method involves more work than other newsletters but it is well worth it.

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Sam
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Sam
July 31, 2017 3:47 am
Reply to  mfdiva

I’ve quietly outperformed these Gurus my many many miles both simulated and real trade, beating the Indexes consistently month after month.