The War Drums are beating as Silver and Gold go positive

The US Dollar has been moon shot to a high of 84.525 during the London session with the trade now at 84.340,  up 9.9 points just days before the contract roll over is to occur.   A 280 point rally within a 2 week period should be cause for concern since this rally was caused by major collapses in both the Japanese Yen (with over a 300 point drop) and the Euro-Currency (over a 500 point drop).   As it stands,  the US Dollar will be the last to be flushed as we see the currency wars continue its race to the bottom.   Treasuries,  which were being supported during yesterday’s trade but turned lower,  are continuing to show negative postings as it seems the roll overs for the Triple Witch Week are starting.   The Energy Sector did a reversal as well during yesterday’s trade as Crude Oil lead the drop down to $91.80 before reversing and is now trading at $93.45,  up 82 cents from the close with the byproducts still showing a negative bias.   Gold is higher by $2.60 with its trade at $1,256.90 during the London Session with a high so far at $1,258.90.   Open Interest gained a bit more in yesterday’s trade with its postings at 377,931 contracts held overnight.   A gain of 820 contracts during yesterday’s typical slam down.   Silver is trading at $19.025,  up 6.4 cents after being rallied to $19.105.   Open Interest fell a bit yesterday to a total of 164,561 contracts,  a drop of 736 contracts as a total of 285 receipts were dished out for delivery,  a gain of 47 contracts as a smart buyer slipped in again to take out more physicals.   A reminder that Triple Witch Week is a very good time to buy Precious Metals and their options,  this is when the biggest beatings take place in the Anti-Fiat Markets.   Bitcoin is trading higher than yesterday’s quote,  giving us a bit of a positive sign for the rest of the day with its trade at $465.70,  up $2.70 inside a 24 hour trading range between $481 and $456.30.   Ripple Coin,  our Crypto-Currency suggestion we hope does what Bitcoin has done,  is trading at $0.004677 down a bit but still steady.   Grains are trading mostly in the negative with Soy Meal the only positive,  Softs are flat to mixed,  and the Live Stock Sector continues to find higher pricings with Hogs being the exception because of breeding speeds.   The Twisted Sisters of Paper seem to have flattened out at these life of contract highs as next week’s roll overs become the focus of the traders still left outside the Black Box trading systems that have brought us to where we are today,  a rally in paper as more and more of the populace can’t find work.   The Dutch have released their MH17 findings today proving the plane was brought down by multiple high velocity objects as we remind the readers that photographs taken while the remains were still burning,  showing bullet holes puncturing the cockpit.    This evidence was not reported by US or English speaking politicos or news media services.   Why has our military not revealed this data first?   We have more satellites than anyone else and yet,  we choose to lie!  It’s war the bankers and politicians want,  that’s because they need to blame somebody for their phuckups.   They’re not man enough to admit their mistakes,  yet it won’t be their children with guns in hands fighting another war.  These clowns can never accept the fact that they are the screw ups.   Our nation is not what it used to be obviously.   In time,  we will hit a bottom and it won’t be a good thing,  but at least there can be only one direction to go afterwards, forward!!   That will happen as we start to search for our collective national soul that our great country was started on,  freedom from tyranny and taxes,  where the individual had a voice and not the corporations or government.   That will start once the Dollars come home and crush what is left of the purchasing power as the fiat pushes us into a third world nation status.   Still,  to this day,  there is no other way for anyone to save their purchasing power than the purchase of physical Silver and Gold as well as the newer Anti-Fiat Crypto-Currencies.   These purchases are outside the bankers control mechanism,  and is a nice mix of old and new school,  as we witness the slowest train crash in history but one that will affect everyone stuck in the US Dollar hegemony.   We have many people who are outside this banking system that are saying the same things;   the market system is broken and won’t be fixed by the people that brought us to this point.   The devaluation of the US Dollar is close at hand and regardless of how well prepared one is,  we’re all going to go thru a very difficult time as the population takes aim at who they think is to blame.   Until then,  the Prozac will flow and people will carry on with that Stepford Wives look until the moment hits them,  right between the eyes.   So keep those Precious Metals and Crypto-Currencies close,  and as always  …  Stay Strong!!

JB Slear
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

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