The Silver FIX fix is today, and it won’t do a damn thing for anyone

US Dollar is the overall loser in the battle of confidence with the trade at 81.575,  down 7.2 points after it was announced all over the global media services that Putin said that the US Dollar system has to be destroyed because it’s damaging the economic system.   Now he was specifically talking about Russia,  but all the BRICS,  as well as Germany,  France,  and the other nations that have been punished for using the US Dollar in transactions with countries that the US doesn’t like and have been fined for using the Dollar in these transactions,  are paying very close attention.   Face it,   Germany is pissed at the Feral Reserve for NOT allowing it to have a portion of its Gold sent home and for lying about it for 8 months before Merkyll started cow towing the Dollar line again.   The people of Germany are well aware of the implications and regardless of what the media is telling us,   the words from the prosecutor’s office still stands out loud and clear!  “The Gold Manipulation is far bigger than the LIBOR” could ever be!!   Wars are created to hide this real money issue and the failures of the western systems military industrial complex to start a war on all the different fronts is a main focus of all these nations that want their identities back.   Treasuries are of course a non-issue and remain elevated till a time when the US Currency has reached a point where it is dumped for something tangible and it feels as if the moment of that point is upon us all.   Still we wait with our short positions in the Treasuries for that moment when truth hits reality.   We expect this position to pay for years when the drop starts in earnest.   The Energy Sector took a hit in trade yesterday with the market falling sharply with the leader,  Crude Oil now at $95.63,  up a nickel after yesterday’s $2 drop as more and more evidence shows up that the “stay at home vacations” and less driving offsets anything else,  such as the destruction of the Middle East.   Gold remains held in check and is not allowed to move higher as we all are aware that the Federal Reserve is fighting for its life and is doing crazy and unnatural things to stay in power as the weakness it portrays can be seen everywhere.   The trade sits at $1,313.60,  down $2.10 and every time the real currency reaches $1,320 it’s knocked back.   Open Interest is gaining which means more buyers are coming in,  we hope these buyers are getting their courage from the Silver holders,  who seem to have balls of steel.   Silver is flat as well with its trade at $19.88,  down 2.1 cents on the very first day of the new bullshit called the Non-“Fix”. This won’t do anything for the precious metal because the same clowns are juggling the issues, the only difference is, they have different makeup on.  The most important factor in Silver,  imo,  is the Open Interest,  and it has gained quite a bit yesterday as we went back above the 160k mark with a total now at 162,000.   With the major drop in Shanghai inventory and the control mechanism breaking down here in the land of no laws,  things should get real interesting at the break point.   Is it here now?   No one outside the Crimex/banking system can answer that,  but when it breaks,  the hunt for the perpetrators of the biggest crime against the nations people will be on,  and I truly am looking forward to getting to that point.   Bitcoin continues to trade lower under the attacks of a government agency selling off the assets reminiscent of a time when confiscated drugs were rumored to be sold off so by an agency who then used the profits in “the war on drugs” for other purposes with the trade now at $508.80,  down $4.60 and inside a 24 hour trading range of $524 and $497.   Ripple Coin,  our companies buy and hold suggestion,  is up a scratch with its trade at $.005380.   With all the shenanigans going on globally with more and more people catching on,  we expect these crypto’s to enlighten everyone once the dollar starts it major drop.   Grains and Softs are flat across the board and it seems the Live Stock Sector has found its bottom and is waiting for a direction.   To us,  it looks to turn higher from here.   The failed attempts to use force to push wrong ideas and the fact that jobs are harder to find then chicken teeth,  matter not in the land of the Paper Markets because the Twisted Sister with the Stepford Wives look are climbing.   This global market system is the ultimate culprit here because the money is coming in from Europe as it seems the Euro-Currency will be the first of the Fiats to fall as we mentioned earlier that Germany and France are 2 majors in that system,  and they have left major hints that they may leave the crippled Euro.   If this is true,  holders of the Euro will be toasted, roasted,  and hung out to dry.   This fully explains what is happening in our markets at present,  and this is only temporary.   In closing,  there is still no better place to have ones money than Silver,  Gold,  and some Crypto’s,  until reality hits and when that happens, even the Prozacians won’t be able to ignore it.   Have a great and wonderful weekend,  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  

Don’t risk what you cannot afford to lose….

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