Silver is the Kraken of this economic system

The US Dollar is still riding high after a weekend of non-reportable nonsense is disseminated across the news wires as real data is withheld to allow the dumbing down of our investor class to carry on as if nothing will affect our illustrious (currency) market as the US Dollar sits at 81.515,  up 6.1 points because?!   Let’s see now,  what’s the flavor of the day?   Of yes,  We’re bombing Iraq again.   This time we’re calling it ISIS and even though we’ve bombed the hell out of this country and the people time and time again,  it hasn’t done anything for anyone (especially the Iraqi’s) with the exception of the military industrial complex along with the Energy Industry.   Forget about Ebola,  that was last week’s special and since the CONgressional subcommittee had its “pat each other on the back for doing a stellar job (of spreading the disease much further than it should)” hearing,  the 3 news service owners decided it’s not a big enough story,  so back burner time it goes.   Treasuries are still elevated with the 10 Year Notes and 30 Year Bonds showing some minor weakness.   The fact that an another entire economic system,  which has been under creation for years now and will completely remove the global pariah of the current central banking system,  should have created some negativity in the fiat and treasuries,  but hasn’t.   Nothing is allowed to show any weakness.   The problem we (and the bankers) know about is this system is ending,  and it seems the bankers have decided to make it an all at once occurrence.   The Energy Sector,  which should have rocketed sharply higher based on the Ukrainian,  Syrian,  Israeli,  and Iraqi attacks,  has been the stellar icon of the non-movement category.   It’s evidence enough that this system,  is broken beyond repair as Crude Oil sits at $97.71,  up only 6 cents because allowing the products to go higher,  gives the so called enemy more revenue,  so we can’t allow that to happen.   Don’t you just love this “Free Market System” where price discovery is so nonexistent?   Gold, another barometer that is not allowed to move higher is at $1,309.10,  down $1.90 because killing on masse and the newer economic system (being created) isn’t enough to send the precious metals higher.   Fundamentals are not allowed to let this market mover anymore,  like Supply and Demand or Open Interest,  which by the way,  has been increasing all of last week.   Silver,  imho,  is the Kraken,  it’s the only commodity that isn’t allowed to move above its 1980 high.   Once the word is given “Release the Kraken”,  everything will change!   The current price is at $19.875,  down 6.7 cents with its Open Interest also gaining as we’ve been reporting over the past year that the buyers are strong with very,  very deep pockets.   Bitcoin,  our most recent predictor of precious metals movement,  is virtually unchanged with the trade at $587.90 inside a 3 day trading range between $597 and $585.20.   Ripple Coin is down a little with its trade at .00526.   Grains are mostly lower but flat overall,  Softs are evenly mixed with Coffee and Cotton moving higher,  Cocoa and Sugar are lower.   The Live Stock Sector is closed till the 9:10 Chicago time open,  and the Twisted Sisters of Paper continue chugging along its paradigm of continual climb as once again,  we see nothing is allowed to carry forward over the weekends.   We still have not changed our perception that the Precious Metals and Crypto-Currencies will save those that are forced to survive under this current Fiat system,  and that those that have removed themselves from the current market forces that do nothing but steal from the masses,  will fair far better than those that have refused to protect themselves.   Things are changing even though the prices have not,  and it seems that the change will happen in a single moment.   Now,  as if the attempted wars in Syria and Ukraine are not enough to generate the needed war to lay the “soon to be released” economic problems on,  Japan is attempting to recreate the war it lost with China,  over some disputed Islands.   This entire system is built to control and to not move freely,  for if it did,  the central banking system would never have lasted this long.   We would have had the collapse back in 2008,  and those that were prepared would have picked through the pile of rubble and cast out all the worthless uncollectables and we’d have moved forward by now.   Instead we’re stuck,  till this system has played itself out.   There is no easy way out anymore,  it’s going to get much tougher,  but those that hold true money will be able to make it through much easier,  so keep those Precious Metals and Crypto’s 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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