Silver and Gold being beaten again, but the Solar Eclipse is showing change

The US Dollar’s trade stands at 85.825, down 2.9 points from yesterday’s close as we watch, once again, see the boys of London drive the price up to 86.025 before being driven down again as no reasonable excuse can be given as to why a rally should persist when the economy is sputtering on life support. Treasuries are still not moving much after the unspoken event occurred last week that sent the 30 Year Bond up over 5 1/2 points then collapses back to the previous days close, in a single day. Something went very wrong last week and if one sees what we see, the Treasuries, Currencies, and the Paper Markets, are at risk of being beaten to a pulp at the same time all food, energy, Silver, and Gold, are about to move much higher.

The Energy Sector took another hit in trade yesterday after the EIA report was disseminated with Crude Oil now trading at $80.72, up 20 cents. Monday’s trade showed an outside reversal on the chart. We remember the days when there was no QE being pumped into the markets and a chart pattern such as this would be an indicator of a directional change. But no more, ISIS has taken over Oil Fields and is selling Oil at $60 a barrel and you can rest assured, we’re buying it somehow, because profits are far more important than who we support or buy from.

Gold, the barometer of economic trouble, which has been so stymied by QE and has driven many traders away from what used to be a hedge against bad bankers and government, is trading at $1,350, down $10.50 and at its London lows. Open Interest gained once again in yesterday’s trade as more shorts came in as the buyers swept up all the sales with an OI gain of 3,598 contracts totaling 407,459 with plenty of room for more buyers. 220 October delivery contracts have been settled out yesterday yet, no gold has left the Comex, so far. Silver is trading lower as well with its current price at $17.07, down 16.1 cents and at its low as well. Open Interest continues to gain making the shorts more nervous with an OI total of 170,192 contracts holding their positions overnight. The Gibson’s Paradox is about to found to be wanting, those that continue on holding their long positions are about to be rewarded (imho) as the old school paradigm gets flushed because of its stupidity and greed. No matter how many ways I’ve cut and sliced all the events over the past 10+ years, I cannot stop my common sense from saying we’re on the verge of a major change.

Bitcoin, the “at present” leading indicator of Anti-Fiat action, is trading lower with its trade at $368.90, down $12.60 from yesterday’s quote and inside a 24 hour trading range between $387.60 and $366.70. Ripple Coin, Fort Wealth’s number one suggestion for Crypto newbies, is trading at $0.005390, up again as people do their research and understand that this Crypto is attempting to be backed by Gold. Just remember what happened to Bitcoin, it too was at these low levels and those that had the understanding of an outside the Banker/Politico box of currency control, made millions on a few hundred Dollar purchase. Please consider taking a few hundred and putting it into this crypto. We’ve never brought up the Iraqi Dinar purchasing program because we felt that it never had a chance because Iraq is a conquered nation. Someone has done some real good research into who is controlling the sales. We’re not certain if this is all correct, but for those that wish to review the video, here it is; https://www.youtube.com/watch?v=NuniCWLwwsc#t=314.

Grains are all trading in the positive, Softs are mostly lower with Sugar being the only exception, and the Live Stock Sector is still elevated, but showing signs of weakness as harvest pressures start weakening the feed prices. Nothing to fear though, because the Working Groups friends are at it again as the S&P, Dow Jones, and NASDAQ recover from yesterday’s losses as the blame was laid on Canada’s shooting incident in Ottowa.

If one was to stand back an view the global populations reactions, this Ottowa event is not a singular incident. This is another one in a string of coincidences of a population reacting to the events of runaway governments that have done nothing but make everyone under their leadership, terrorists. I’m not saying this individual is innocent, I’m saying that people are starting to react in the only way they feel they can, with violence. Ferguson, is a prime US example of political failure, when a kid makes a play and gets killed, but the police show up in full military armor. Britain had a prime example when the Prince’s car was smashed with rocks with screams from the crowd “Off with their heads”. Egypt, Greece, Spain, Catalonia, & etc., are all reacting and are taking aim at the unelected officials who think they are protected by the regime they support. I got news for them, you can’t hide when the population has had enough. No jobs, no income, heavy debt burdens, starving children, and parents that see no way out, will react violently.

Now, Ebola has re-entered the fray after the media clowns hide this week’s activity, yet the WHO had an emergency meeting yesterday regarding Ebola. Today we have 9 people suspected of having the symptoms in Connecticut, http://www.nytimes.com/2014/10/23/nyregion/9-in-connecticut-being-watched-for-symptoms-of-ebola.html?_r=0, and 2 more are being quarantined in Chicago, http://www.ibtimes.com/ebola-chicago-ohare-2014-two-passengers-flights-liberia-being-evaluated-symptoms-virus-1709778. Ebola hasn’t left, it was given the chance to spread (by stupidity) even further because our CDC “The Center for Disease Creation” (not my created name) has an incubation period of 21 days, when the WHO is declaring 45.

With all this going on, we still feel there is no way the Paper Markets could stand as high as they do and at the same time, Silver and Gold can’t stay down. Of note, today the USA will see a partial Solar Eclipse today, in a way, this is Mother Nature telling us that things have or are changing. http://www.nbcnews.com/science/space/partial-solar-eclipse-will-darken-your-thursday-n231801 We still believe that the Precious Metals and Crypto’s will help keep ones purchasing power intact and strongly suggest everyone remove a large portion of their retirement monies, outside this failing third party system. So keep those Precious Metals and Cryptos 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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