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Another negative Precious Metals day in Fiat-Nam

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Good Morning Fiat-Markettts!!   The US Dollar is up again,  let’s see now,  what news is driving it?   Not a damn thing!   The Dollars trade stands at 84.53,  up another 37.5 points after being pushed up to 84.615 on no news what so ever and while we’re all asleep during the London trade.   No news at all,  unless you consider the fact that our nation is bombing the hell out of another nation again because they’re evil killers (that we supported a campaign or two ago) that take heads off of bodies as our leaders tell us that we need to stop these people from doing evil and that they should love the way we display democracy with our bombing campaigns.   Damn those that think they can deny our freedom and our way of life,  as John “Insane” McCain would say as he blurts out sentence fragments that are whispered into his ear by those that profit off of blowing up others for the sake of others resources.   Treasuries are not moving as the unwritten law of economics is applied to all things fiat,  internal support by those that do not suffer from their actions but lays the debt upon the people they’re supposed to work for.   The Energy Sector is trading flat from yesterday with Crude Oil now at $92.75,  down 5 cents,  with the rest of the group flat as well,  as word came out that one of our bombing campaigns in Syria blew up an oil field.   It makes me wonder if these fields belonged to another group besides FUKUS (France,  UK,  and US).   Gold is down again during the London trade with its current price at $1,210.50,  down $9.10 with the low so far at $1,205.60.   It doesn’t matter that inventories have dropped in both London and the US and that the BRICS continue to buy up everything physical in sight.   After all,  our military is involved with saving the dollar and this is a Currency War,  so foresight be damned!!   Praise the short term and forget Blowback!!   Silver is down as well with its trade at $17.48,  down 22.2 cents with its low so far at $17.395.   Open Interest gained in Gold but dropped slightly in Silver as reality is still out there somewhere but not here,  yet.   Bitcoin is down this morning with its trade now at $409,  $15.20 lower than yesterday’s quote and inside a 24 hour trading range between $441.80 and $400 as Ripple Coin is trading higher at $0.004948.   Grains are all trading in the positive,  Softs are split with Sugar/Cocoa trading higher,  Cotton and Coffee lower,  and the Live Stock Sectors are mostly lower with the back months of Live Cattle trading higher.   Papers are flat this morning but we feel the insanity won’t be complete until the Working Group push these ladies higher onto the pedestal,  so watch as our country wakes to another day in Fiat-Nam,  where nothing has made sense for at least 3 years now.   I know I shouldn’t be joking around when it comes to people dying, please forgive this part of my rant.   But I do think the people on a global scale realize what’s going on,  and it will end,  and usually very bad for the perps.   Scotland isn’t over regardless of the obvious media shut down after the electoral theft,  just watch for the people to rise up again in the near future. Germany is starting to side with Russia as the weather starts to pop up into everyone’s minds as well as their business model taking a financial hit because of the embargoes. (http://khpg.org/index.php?id=1411386086)   Jim Willie posted an idea that Saudi Arabia is leaving the Petro-Dollar and will make it public in a few weeks.   This rumor does have a certain fit if one recalls the mid-day hijacking of a Saudi princes motorcade when a few hundred thousand was stolen along with some “worthless” documents while they were in France (part of FUKUS).   It does add more intrigue to the story.   If this winds up becoming a fact,  we should see Silver,  Gold,  and everything in the commodity sector,  rise in a shock type fashion. So keep those Precious Metals and Crypto’s close, and as always … Stay Sane and 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….
There is significant risk involved in trading futures and/or options on futures. Futures and/or options of futures trading may not be suitable for all investors. Investors should consider these risks and evaluate their suitability based on their financial conditions. Past performance is not indicative of future results.


Source: http://fortwealth.com/blog/?p=5958



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