Open Interest in Metals IS the real story

US$ and it’s banker support system is just about out of bullets because more and more countries are doing their darnedest to not use the US dollar because of the over-printing and the way the G8 bullies instead of allowing everyone to have a fair slice of natural resource revenue they feel they deserve.   US dollar is still the focus till after the election with the trade currently at 80.125 up 4.5 points after being pushed up to 80.245,  one of the best shorting points a chart can show.   Treasuries are showing some weakness with the Eurodollar flat,  Notes/Bonds are lower but still channeling or coiling.   Energy Sector is doing its best to scare out the longs with Crude Oil now trading at $87.01,  we’re looking at buying Call options out in Dec 2014 because time is always the big helper in commodities.   Gold is now lower after trading higher all night long and was up as I started writing my missive,  the trade now stands at $1,708 down $1.40 after being as high as $1,715.20,  Silver is still showing a positive number with the trade at $31.920 up 12.7 cents as we continue to see buyers coming in and increasing the amount of open interest in both precious metals,  it truly looks as if a group is doing its best to hold things together for another 14 days or so.   Remember,  we can only guess because banks are allowed to keep everything they do secret,  people are not allowed to have that kind of privacy or should I say piracy?   Grains are all trading higher but barely,  Livestock is mostly higher with the further out month in Hogs lower.   Softs are mixed with Sugar/Cotton/Cocoa moving lower,  Coffee and OJ are trading higher,  oops,  now OJ is in the negative.   Paper Markets are doing a dead cat bounce as we see earnings reports coming out as dismal at best.   I’m excited because we could be at the foot of a rally that could change everything in precious metals.   After watching the last 10 years in complete wonder , we are witnessing the strong dollar becoming a weaker dollar,  we could be at the point where this generation of investors is forced to understands what a collapsing currency feels like.   Those that are prepared will have a smoother transition than those that can’t/won’t understand the real issue affecting their retirement plans.   Got Gold/Silver??!! ….. 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….