Did silver move too low? Was today's $0.43 decline a breakdown and should you close your positions in silver? These are questions that we focus on in today's Market Alert. 

Additionally, today's issue includes our views on expiration on previous buy signals and a special April 1st breaking news... 

Most importantly, today's Market Alert includes direct gold, silver and mining stock trading & investment suggestions.

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Here's a part of today's Market Alert:

In other news, there has been a poll on finance.yahoo.com recently and the question was "As Cyprus secures a last-minute bailout, how are you positioning your international holdings in your portfolio?"

The winning option (57%) was "I'm keeping things as is", then "I'm going into cash" (23%), "Decreasing global stock exposure" (13%), and "Increasing global stock exposure" (7%).

In other words, just like we wrote earlier, most investors don't think that the Cyprus crisis has had any impact on their investments. However, some do. These investors who moved to cash, might move to the ultimate form of cash - gold and silver, and it seems that they are already doing just that - on a small scale. We expect people to join at higher prices - and contribute to even higher prices.

Technically, gold moved higher yesterday, also from the non-USD perspective. We're still waiting for the confirmation of the breakout from the latter perspective.

Overall, the precious metals sector has been moving back and forth this week, without any significant changes. Silver moved temporary lower yesterday, but bounced back shortly. The move was probably caused by silver's overreaction to the weakness in the European stock markets. (...)

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Market Alert sent on March 27th, 2013

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Here's a part of today's Market Alert:

This week started quite good for the gold market. Yes, gold closed more or less at the same price level on Monday that it did on Friday (after an intra-day decline) but the USD Index moved higher and consequently, on average, gold rallied in other currencies. The gold:UDN ratio is now above the declining resistance line - an unconfirmed breakout. Gold moved $8 lower in early trading today (...)

(...)

In other news, crude oil has moved higher recently and is right now once again close to the declining long-term support line. Here's what we wrote about crude oil on March 8:

With some consolidation having been seen here, the odds for a breakout are much higher (60% or so) than they were a few weeks ago (40% or so). With higher stock prices and lower USD Index values, we expect the breakout in oil prices to materialize soon. Such a development could take other commodities as well as the precious metals to higher price levels.

The RSI indicator is actually below the 50 level - a bigger move could definitely be seen here.

Crude oil actually bottomed at that time and is now attempting to take out the resistance line once again. The RSI is no longer overbought (below 60) and it seems that crude oil will manage to do it this time (60% probability in our view). The implications for (...) precious metals are (...).

Meanwhile, the Broker/Dealer Index (proxy for the financial sector) moved below its previous 2013 and 2012 highs this week. The breakout was therefore invalidated. If financials close below these highs on Thursday, we will have a bearish sign for the , also for the general stock market.

(...)

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Gold moved lower today as the Cyprus agreed to EU's bailout terms. However, can investors feel safe if the Cyprus was forced to seize about 4.2 billion euros from its largest banks' deposits? Here's a part of today's Market Alert:Inside you’ll discover:

Last week we wrote the following about the possible solution to the Cyprus crisis:

Our 'bet' goes to the solution in which they talk more, set deadlines and move them a few times, and then Cyprus accepts EU's help and EU will agree to lower the 'tax', perhaps by taking only a half or third of what is currently demanded.

The agreement was just reached and Cyprus will indeed accept EU's help.

Cyprus will accept the $13 billion bailout, but at the same time it will shut down its second-largest bank (Popular Bank of Cyprus) and agree to heavy losses on uninsured bank deposits. Deposits under 100,000 euros will be moved to the Bank of Cyprus and deposits above 100,000 euros in both banks, which are not guaranteed under EU law, will be frozen and used to resolve Popular Bank's of Cyprus debts and recapitalize the Bank of Cyprus. This "seizure" is expected to raise 4.2 billion euros.

So, instead of seizing a 6.75%-9.9% of all deposits, we will see a much greater seizure but for a much smaller group. Politically, it's easier, because there will only be a relatively small group of voters who will be affected.

Last week we also wrote the following:

Whatever the solution is, the situation is likely to remain positive for the precious metals market because all the buzz around it just make it obvious to everyone that they should have wealth stored at least partially in an asset that is much safer than bank deposits. Gold and silver (especially physical, and especially geographically diversified), should come to many investors' minds.

We stick with the above. Taking 4.2 billion euros from deposits is not helping to trust the banking system nor is that a solution that makes gold seem any less appealing. This might have been the trigger for the next rally in gold.

Technically, gold seems to be forming a (...).

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