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So, they stopped printing money huh? LOLOLOL, Better have Silver, Gold, and Crypto’s

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The almighty American Peso has been our subject for a long time now,  with all the shenanigans used behind the scenes in order to support a fiat that everyone else is no longer using because of manipulations.   The Dollar has been pushed up once again in a direction it logically doesn’t want to go with its trade now at 86.30,  up 26.4 points after reaching a high of 86.535 during the London session.   Yesterday,  The Feral Reserve made its announcement with much fanfare,  claiming it was done with creating money to buy up its own uncollectable debt,  at the same time this organized group of banks pushed up the Dollar up another 56 points in what we think is its last hurrah.   Treasuries surely didn’t benefit from the announcement as we saw nothing but negative movement till this early morning with the 30 Year Bond and 10 Year Notes,  barely trading higher.   Still the event that caused the Bond spike earlier in the month is not being discussed anywhere but here and Kirby Analytics.   This little event is something everyone should be worried about.

The Energy Sector has been channeling for the past week and remains inside that formation with Crude Oil now at $81.34,  down 86 cents with the rest of the sector following along.   As we’ve mentioned before,  this is simply part of the electoral process as the monthly charts over several decades will prove that when there is an election in the US,  energy prices drop.  Can’t be manipulation …

Gold,  the absolute enemy of the central banking system,  was of course hammered right at the moment the FOMC spewed its reasons for being  with the trade now at $1,205.50,  down $19.40 from the Comex close,  which was about 45 minutes before the announcement.   Open Interest has been gaining regardless of the price being hammered lower.   This tells us buyers are coming in as the hammer is dropped as 414,410 hold onto their positions.   Silver got hit hard during London’s trading time with the trade at $16.835,  down 42.9 cents and way below production costs as the central bank system continues to lay claim that “Fiat Money and Uncollectable Debt … GOOD!! Silver – Gold BAD!!” over and over again,  because if one tells a lie long enough the crowds will believe it.   The Open Interest in Silver is still our focus point because these buyers,  who have withstood the slings of bullshit and the dropping of prices,  continue to hold and not exit.   The OI in Silver now stands at 173,733 contracts,  still close enough to the life of contract highs,  regardless of the games.   If one was to look at the daily charts over the past 2 weeks in Silver,  Gold,  and the Dollar,  you will see how closely tied they are to each other as the real money is being pressed lower curving downward with the same formation,  in reverse,  is showing up in the Dollar.   Yet nothing can take away the formation the monthly chart in Silver has.   This is the most perfect Cup and Handle you will ever witness.   Truly the most bullish chart formation I’ve ever seen.

Bitcoin,  our leading indicator of direction for the Anti-Fiat group,  told us the direction of Silver and Gold,  even though the mining share prices didn’t drop. Bitcoin is still trading lower with its trade at $338.80,  down $8.80 from yesterday’s quote and inside a 24 hour trading range between $359.50 and $333.30.   Ripple Coin,  one of our experimental investments,  is trading higher than yesterday’s quote and is now at $0.004983.

Grains are still traveling higher against all harvest pressures,  Softs are weaker because of the Dollar spike,  with Coffee the only exception,  and the Live Stock Sector is closed because of the manipulation complaints till the Chicago open.   The Papers don’t like the fact that their free money heroin fix is gone.   Don’t worry,  the Fed is allowed to lie,  steal,  and cheat,  in order to get what it wants,  so I expect the Fed to come up with another “fix” in order to keep the party going. All they need now, is their preplanned excuse to show up.

People are frustrated with this rigged game and many have left the investment arena because of all the obvious thefts.   Many see this going on forever.   Which we think is laughable because of the history of every single fiat system over at least 1,000 years.   None have ever lasted this long,  and no country has ever been able to keep its populace in control after the failure occurs.   All we have to do is look at all the money that has been created,  and the bullshit being used such as the “Trickle Down” effect which,  hasn’t happened at all.   Companies everywhere are failing right in front of our eyes.   Sears,  Target,  Wal Mart,  and etc,  are posting horrible sales data month after month.   Car sales are only trading slightly better because the banks have weakened loan requirements,  almost to the tune of liar loan status.   Employment numbers are as bad as the great depression and the only reason why you don’t see soup lines is because of the credit cards system given out instead.

This era in time will be written about as the greatest experiment in banker folly,  but only after we wake up to the market desolation which we feel is just around the corner.   We all see and feel it.   The only question left is when,  when will it happen?   Still,  we remain vigilant as we continue to look for the truth and we remain within our reasons and suggest that you keep all your retirement money out of the hands of the $20,000 suits,  and keep it in Silver,  Gold,  and Crypto’s,  and as always … Stay Strong!!

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

Don’t risk what you cannot afford to lose….
There is significant risk involved in trading futures and/or options on futures. Futures and/or options of futures trading may not be suitable for all investors. Investors should consider these risks and evaluate their suitability based on their financial conditions. Past performance is not indicative of future results.


Source: http://fortwealth.com/blog/?p=6120


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