Silver, Gold, and the Crypto’s, will lead us into the future as cycles break down

The damage is done with the weapon of choice being the US Dollar as the trade continues to rally as a safe haven currency for those in Japan and Europe that see a collapse in their currencies coming first with the Dollars trade now at 88.13,  down 4/10^ths of a point after reaching a new multi-year high of 88.295 during the London session.   Next stop for the Dollar will be 88.80,  a price not seen since June of 2010.   When I say damage I really mean it!   The reasons for the rally are not because of the good things happening in the US (if you can find any),  it’s because a high value currency kills any export business we may still have as we trade against everyone else’s lower valued currencies.   Treasuries have not been benefitting from the higher valued Dollar and in fact the 30 Year Bond and the 10 Year Notes have been looking sicker and sicker each and every day since that spike occurred Oct 15.   People are dumping these on masse and only the buyers of last resort are in their purchasing debt that can never be paid back.

The Energy Sector remains equally as questionable because of the driving fundamentals and the continuing non-reaction Crude Oil has done.   Just yesterday ZeroHedge posted an article about ISIS is now invading Saudi Arabia but it doesn’t seem to matter one iota for the price of Crude with its trade at $78.17. Crude is up a quarter with the rest of the group barely up as well.   What is going on here?   Have the Algo’s taken over everything to the point where nothing matters?   Could we have a nuclear bomb dropped somewhere on the planet and see nothing move in price?

Gold is presently trading higher with the trade now at $1,143.20,  up 60 cents on a day when the Precious Metals normally get hammered.   Unemployment numbers will be out in the next hour and a half and that’s usually the attack time.   Gold’s trading range during the overnight session has a high of $1,146.00 with a low at $1.130.40.   Open Interest gained a very good amount during yesterday’s move as we see 3,101 contracts added to Gold’s number totaling 417,377 contracts.   Of note though,  the December OI dropped a hefty number as the central banking systems play took out some 9,912 contracts.   Silver is down in its trade with its current price at $15.375,  down 3.8 cents inside a 43 cent trading range with its low at $15.04 and its high at $15.47.   Silver OI dropped to 170,139 as 6,324 contracts left the arena after taking some heavy hits from the bankers heavy sales that only occur in the middle of the weakest trading sessions.   Anyone who ignores these actions will be labeled idiots and unworthy of anyone’s money regarding their future forecasts.

Bitcoin is gaining back its value with the trade now at $344,  up $4.40 inside a 24 hour trading range between $353.10 and its low of $336.30.   Word came out yesterday of a Bitcoin Ponzi Scheme engineered by a Texan.   The Federal Government has charged Trendon Shavers of Security and Wire Fraud in the case.   So the US Government is now protecting Bitcoiners from fraudsters as we mentioned years ago it will be forced to.   We are telling everyone that this Crypto has staying power and the Crypto-Currency system is being accepted as a fair trading system. http://abcnews.go.com/Technology/wireStory/feds-announce-1st-bitcoin-securities-fraud-case-26734204.   Ripple Coin remains unwavering in price and is steady at $0.004972.   We still suggest you get some as it will be one of the best investment opportunities outside the bankers manipulation system.

Grains are flat to lower,  Softs are equally steady and mixed,  and the Live Stock Sector started higher in yesterday’s trade as the cold weather is coming in a bit earlier which in turn the ranchers and farmers have to adjust to.   Nothing to fear,  as we always say,  because the Twisted Sisters have a back brace called the Working Group that is not allowed to let the papers fall and this is where we see the biggest long cycle talkers focus on.

Most of these long wave analysts use their magical works on the S&P,  Dow Jones,  and NASDAQ,  to gauge their long term views.   Even though they have worked for the last 30 odd years we have to ask what will happens to their cycle moves when the Working Group on Financial Services stop or are stopped from pumping in their manipulations?   If these salesmen ignore the obvious banker folly,  how good is their cyclical work?  What happens to their cycles when “never been seen before” events or moves come into play?   After all the Working Group has been in play only since 1988 after that crash.   Is there any cycle work done on when a group of bankers are allowed to manipulate prices during the South Sea Bubble or the Tulip Bubble?   The VIX, for instance,  has never acted like it has over the past month.  Trading platforms thru-out the world are seeing temporary shut downs dues to “glitches” and we see these almost every other day these days.   Are there long term cycles for those as well?   We are in a time warp here,  a place never been seen before in the annals of all market movements.   We even have a new Crypto Currency that is being embraced by the globe,  is there a history cycle for that?   These cycle traders are ignoring so many new and different things it’s a wonder people even follow them anymore.

In closing,  we expect the Precious Metals to continue to gain value against all the manipulations regardless of the long term cycles that cannot gauge the events that are nonlinear or never been seen in history.   Black Swans are the better term used for events that happen outside a controlled system.   We still stand strong in our views that change is afoot and the weakening of bankers currencies will fail with Silver,  Gold,  and the Crypto’s,  leading people into the newer realm of trade.   So Please!!   Take heed and buy into these alternative currencies at these super cheap prices.   Have a safe and wonderful weekend 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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