The Strongest Hands are long Silver

US Dollar was rallied again to 83.00 in yesterday’s trade,  as you know,  only during the European trading session trying to convince everyone that the US Dollar is safe.   This morning the dollar stands at $83.090 after a rally to 83.245 before this report.   Treasuries are still being bought up by the buyers of last resort (the USA taxpayer) and is starting to run up to it’s all time highs again.   Energy Sector is lower across the board after yesterday’s broad swings with Crude Oil now at $96.64 down 55 cents from the previous close.   Gold is down $4.50 at $1,571.40 after the obvious signaled drop in yesterday’s trade with a low of $1,563.10.   Silver is the fracture point in the monetary manipulation with the strongest hands refusing to get out of their long positions. They continue to buy after these signaled drops in price.   The open interest is the key here with almost 157,000 contracts held overnight by both sides in Silver yet we’re at multi year lows of open interest in Gold.     The current price is $27.170 after they pushed the price down to $26.85 about 20 minutes before midnight PST.   Grains are mixed with Soy Beans/Soy Meal/Oats trading lower,  Corn/Wheat/Bean Oil/Rice trading higher,  Softs are mixed as well with Coffee/Cotton/Sugar trading higher Cocoa moving lower.   Live Stock Sector remains confused with Feeder and Lean Hogs trading lower after a good rally occurred over the past week.   Paper Markets are still on a tear even though volume is way down which means more and more investors are not believing the media’s hype that things are getting better.   Cypress will be a marker for all future traders,  pointing to the fact that one cannot just push debt down the road to worry about another day without painful repercussions.   Many complained over the years about the unsustainable growth of debt and that it must be dealt with accordingly.   Instead,  the politicians and unelected political leaders chose to ignore the facts until it became collection time and now these same ignorant politicos now want the people to pay for their mistake.   The monetary system as we know it, is a failure!!   This is why they are driving down the price of precious metals because people are catching onto the robbery of retirement funds and are becoming aware that the only safe place for the people’s retirement is outside this corrupted system and into things of physical value such as Silver and Gold.   Deliveries will be huge in the months to come and will change the financial horizons of our future.   All we need to do is remain in Long Call Options and …. 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….