US Dollar/Japanese Yen swing rallied the Precious Metals

The US Dollar is recovering from a hit in trade after yesterday’s flash buying of Japanese Yen against the US Dollar,  which happened within a 30 minute window as both currencies took 12 hours to retreat back to where they started with the US Dollar trade now at 81.54,  up 3.3 points from the close.   The fluctuation in the Dollar may not seem like much with only 19 points of swing and the Japanese Yen changing 55 points,  but it was enough to make everyone watching to say WTF?   No news was offered up nor did any commentator offer up an excuse.   Maybe it was Russia firing a shot across the bow after Japan added on more sanctions with Russia simply responding by cancelling its high level government meeting with Japan.   This event points to the fact that things are wound up so tight,  that any sudden counter party move,  can change the markets direction in a heartbeat.   Treasuries are still on life support as the buyers of last resort carry on with the buying as well as other majors hold on to their holdings as the war drums continue to beat louder and louder.   The point of frustration for the protagonists is Putin is not responding but seems to be following the Arts of War approach;  “When you surround an army,  leave an outlet free.  Do not press a desperate foe too hard”  (thank you Bill Holt for reminding me).   Leave a space for the enemy to save face,  that is,  if they are smart enough to take it.   Energy Sector continues to prove our system is controlled with Crude Oil at $96.67 down 25 cents from yesterday’s 46 cent drop.   Word came out a few hours ago the Iraq’s largest Christian city was taken over by ISIS as we begin to think that once there’s a peace settlement with ISIS and Iraq,  that maybe Crude Oil will explode to $150 a barrel.   Gold,  which rallied up 2% in yesterday’s trade before being stopped is now trading at $1,308.90,  up 70 cents.   No news was given as to why the rally started,  but the halting of the advance at 2% was as obvious as the Energy Control mechanism is.   We think this rally involved the US$ and Japanese Yen.   Open Interest in Gold is still super low and there’s plenty of room for the buyers to step in but most won’t because of the manipulations.   The biggest concern the manipulators have is still the physical buyers who constantly drain the bankers vaults.   Silver is trading higher as well but nowhere near the reality of Supply and Demand with the trade at $20.095,  up 7.1 cents with its Open Interest just above 157,000,  very close to the multi-year highs and once again proving the holders have very deep pockets!   Bitcoin is trading higher this morning as yesterday’s missive came back and smacked me in the face with the trade now at $581.60,  up $2.60 within a 24 hour trading range of $586.40 and $576.40.   Normally Bitcoin points to the direction of the Precious Metals,  as many of you can confirm,  but yesterday’s shot across the bow came out of nowhere,   just like the Japanese/US Dollar/Gold/Silver movements.   Ripple Coin continues to chug higher with its trade now at $0.00537 and people are calling in to ask about the Crypto-Currency,  hoping to see the same gains as we have in Bitcoin.   Grains are mostly lower with Oats the only exception,  Softs are flat to mixed with the biggest loss being Coffee.   Coffee has a rather Bullish pattern formation in place as the charts have the same look they had when I was in the trade back in ’97,  this bears watching!   Live Stock Sector is once again split by meats with Live and Feeders trading higher and the Hogs lower.   The Twisted Sister of Paper have recovered a bit from their staged collapse with the typical buy signal in place as everyone who’s crazy enough to trade the Papers follows the pattern that has been in place for years now.   These buyers have no concerns since the Plunge Protection Team is making sure no reasonable % drop is a allowed.   One day this will all change as reality becomes too much for the fiat creators and their minions of disaster,  who won’t be able to control the system like they have since ‘08.   Everyone with a brain sees these events as a marker in time with no real positive events happening that proves there is an economic recovery.   It seems the only real data that comes out is from whistle blowers and we still think it’s possible that one of these Algo Controllers,  who doesn’t want to be suicided,  may come out with real solid evidence that can wake the masses and bring down the controllers,  which will let the markets breath the way they should under normal buy and sell signals.   In the meantime,  we strongly hold on to our beliefs that keeping ones retirement accounts outside the criminals reach,  and to be kept in the hands of the owners.   Of course with a few Crypto-Currencies as well as a few Long Call Options in Silver and Gold inside the system,  so that the profits can be used to make life better,  and as usual,  we ask that you always  …  Stay Strong!!

JB Slear
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

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