Setting up for the Triple Witch and Silver and Golds new trading limits

The US Dollar is dropping with the trade at 88.26,  down 42.2 points and at its lows so far.   Today is the last trading day before the Triple Witch Week starts,  which sets things up for the roll overs of all fiat instruments.   This is the giant bankers inventory accounting process that occurs every quarter.   Treasury Instruments are part of the issue as we see the support mechanism coming in once again while we sleep and after yesterday’s bond sales failures.  http://www.zerohedge.com/news/2014-12-11/treasury-market-liquidity-crashed-2014-record-lows-during-todays-30y-auction.   At this moment we see the 30 Year Bond up almost a whole basis point while the US is asleep.   It could easily be the shorts getting out as mentioned yesterday just before the rollovers.

The Energy Sector continues to lose ground as many writers are starting to think this could be the Black Swan event that came out of nowhere.   Yesterday Crude Oil broke thru $60 on the downside,  its former multi-year low with a its new low now at $58.60.   At present Crude Oils trade is at $59.44,  down 51 cents from yesterday’s close and we expect more follow-thru on the downside as more and more investors catch on to the facts that this price collapse points to how bad it really is in the economics of the G7.   The lies the central bankers have been using to prop up things are starting to stink up everything.

Gold,  of course,  is trading lower with its current price at $1,223.30,  down $2.30 with its low at $1,218.00.   The overall Open Interest is now at 370.121,  down 3,827 contracts from yesterday morning’s count.   December’s OI is at 397, a drop of 657 contracts as 1,054 buyers got their delivery receipts from COMEX.   To date,  2,605 contracts have been settled out so far this month as the numbers are showing someone slipping in some more buy orders to make their delivery time periods shorter.   Silver is trading higher with its current price at $17.125,  up 1.3 cents after hitting a low of $17.01.   The Overall Open Interest is at 144,973,  down 668 contracts down some 35,027 contracts from the all-time highs before the December rollovers came into play.   December’s delivery numbers are at 397 contracts,  down 121 contracts from yesterday’s numbers as 115 buyers got their delivery receipts as well.   How Comex and LBMA are able to keep their charade going is beyond me,  but the demands for physical will eventually prove itself out.   Not surprising in the least,  the CMEGroup has now placed price limits on the Precious Metals after years of manipulations to the downside in order to protect the fiats. These go into effect December 22^nd.  http://www.cmegroup.com/tools-information/lookups/advisories/ser/files/SER-7258.pdf.   Things are quickly coming to an end for the central bankers and even though they are getting away with stealing from the masses with evidence everywhere proving it,  there will be a time when retaliation will show up in video.   I have my popcorn at the ready and can hardly wait for the opening scene.

Bitcoin is steady to lower in the early morning with the current trade at $354.40,  down 70 cents from yesterday’s quote and inside a 24 hour trading range between $364.40 and $339.80.   The demand for the alternative Crypto’s will improve as more and more of the global populations catch onto the facts that the Crypto’s cannot be leveraged or margined.   You can only sell what you own and these Crypto’s are outside this manipulated trading systems the banks have had control over for the past century now.   Ripple Coin is doing astounding things for the early buyers with its trade now at $0.017474,  up 1,081 points from yesterday’s early morning quote.   We learned something yesterday about the Ripple system as these guys are doing everything they can to protect investors.   Last year one of Bitcoin’s trading hubs got hacked (Mt Gox) and had all their clients Bitcoins stolen.   I found out yesterday that there is a Cold Wallet available for Ripple Coin holders. This Wallet keeps all your Ripple Coins off the grid and away from future hackers and they stay in your computers hardware.   I strongly suggest you cover your ass while you can and get one set up.   If Ripple does do a Bitcoin rally and a hacker figures out how to steal from the trading hubs,  your Ripple purchases will be safe inside a Cold Wallet.   Please know that a Ripple Trade account is not a cold wallet,  it is a trading hub that could be susceptible.   Users who want to use a cold wallet are encouraged to use the downloadable Ripple client for account access.   You can download this wallet at http://download.ripple.com/.

Grains are trading mostly higher as the December contracts come off the board,  Softs are mostly higher with Coffee the only exception,  and the Live Stock Sector seems to have flattened out.   The Twisted have been having a hard time of it lately as their mascara is all messed up from this past week’s rollercoaster ride with the early morning numbers showing weakness at present.   Are the Working Groups hands full?   Stay tooned because reality is nowhere to be found at present.

Still we hold to our belief’s that the physical Precious Metals and some Crypto’s are the safest place to be at present,  and this won’t change till we see truth and protection being given to the small investor in a land that is controlled by the fiat fools.   So have a great weekend,  keep your savings in the physicals 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….
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