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Silver break thru the $34 with Gold at $1,749.50

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US$ continues its fall with the trade adding an additional 24.3 point drop to yesterday’s 50.7 point fall with the current price at 79.605 on its way below 72.00,  Treasuries are flat with Eurodollar short term and lower in Notes/Bonds.   Energy Sector is adding more to its numbers as well with Crude Oil now trading at $97.64 a barrel leading the charge higher.   Gold is up $9.70 with the trade at $1,744.60 and has so far reached as high as $1,749.50,  Silver is strong as well with the trade now standing at $33.920 with a high so far at $34.145 with all metals following the leaders.   Grains are mixed with Corn/Wheat slightly lower,  Soy Beans and its products trading higher,  Livestock’s market is higher across the board,  Softs are strong as well.   Paper Markets continue to fool those that have no understanding of what a weakening dollar does by trading higher,  thus making those (that rely on the stock market for their retirement) the last fools to see the folly of over-printing and its inevitable failures that go hand in hand with the print …. Stay Strong!!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

2012-09-12 07:40:14

Source: http://fortwealth.com/blog/?p=1652


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