Silver/Gold/Bitcoin held in check as another banker tries to run

The US Dollar continues to climb during the night session as once again,  we see that the world’s economic system is melting down right in front of us with the Dollar now at 81.71,  up 15.5 points and at its high.   This rally has nothing to do with the quality within our own economic system,  it has to do with the facts that Europe is collapsing upon itself with the added help of the US sanctions,  as well as the shock that the Japanese market is having now after the government raised taxes,  which in turn has slowed purchases in both housing and other major purchases within its borders.   Governments don’t/won’t get it because they simply are not listening to their constituents and the banks continue to whisper sweet nothings into idiot ears. Treasuries are still weaker and still coming off the Friday spike as the buyers of last resort are the only ones left when everyone else within this system is collapsing.   Energy Sector continues to do nothing as now some former Egyptian leaders are added to the War Crimes Watch alongside Israel with Crude Oil sitting at $97.32.   Could it be that the global economic system is so rotted on the inside that even a war can’t push energy prices higher?   Gold is trading lower with the trade at $1,309.30,  down $1.30 as Open Interest fell a bit more yesterday after Gold rallied to $1,319.30 before getting the whack-a-mole treatment before the Comex close.   Silver is higher this morning with its trade sitting at $19.95,  up 4.5 cents as its Open Interest dropped a little more than 1,000 contracts but still showing a very large amount of OI strength as the Roll Over from Sept to Dec is showing up a bit earlier than normal.   Rumors are swirling that Shanghai’s Silver prices are $8 higher in premium than the US.   We strongly believe that this is because of the manipulations in the Silver prices within our country,  and we hope there’s enough pissed off traders around to haunt these bankers and their minion supporters for the rest of their lives.   Public chastising is something these people can’t take,  so let’s be vocal about it!   Bitcoin is leading the decline as yesterday’s push lower proved to show the closings of the Precious Metals would be lower with the leading Crypto-Currency now at $553,  $10.80 lower than yesterday’s quote within a 24 hour trading range of $572.40 and $545.   The low happened just as I was typing.   Ripple Coin is lower as well with its trade now at $0.00499.   I truly believe that the fiat banking system is collapsing and is deathly scared that the Precious Metals and the Crypto’s are the daggers that will kill the beast (et tu Brutu?) which is why I think it is imperative that everyone should have some in their possession.   Grains are trading slightly higher as temperatures are way below normal across the bread basket,  Softs are mostly flat to higher with Cocoa the only Neg and the Live Stock Sector continues to tumble after the reports of bumper crops fuel the idea of cheaper feed prices.   The Twisted Sisters of Paper continue on their merry way higher because the foreign buyers are looking for a place to put their monies outside the European and Japanese systems,  that is if these majors don’t want a nice big chunk of BRIC money (if they any sense,  it would be a lion share of their investments).   An international arrest warrant has been put out there for Tsvetan Vassilev,  a Bulgarian Banker who has somehow disappeared after the investigators found trashcans full of shredded documents and several boxes of hidden documents with in his abandoned office as this guy tried to pull a Clinton on the investigators. Bulgarias law enforcement leaders are men with balls, unlike our own Eric Holder,  so now we have a another “banker on the run” story as we await the inevitable here in this country.   Time is speeding towards the change we all see ahead of us as more and more evidence piles up regarding the crimes against the country’s people get to a point where the law enforcement will be the only thing between the robbed and the robbers.   Once the people hired “to serve and protect” find that their retirements have been stolen from under them,  like those at Lehman’s et al,  there won’t be a safe place to hide at all and I do think we’re heading for that moment.   So sharpen those pitchforks (figuratively please),  get and keep your Precious Metals and Crypto-Currencies 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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