Silver and Gold steady as Martin Armstrong’s turning point starts today

The US Dollar is steady and ready for the unbelievable numbers due out this morning with the trade at 82.920,  up 3.2 points as we wait for the lies within the government statistics to come out.   Initial Jobless Claims,  US Trade Balance,  and the ISM Non-Manufacturing Numbers,  are due and no one with any intelligence can believe them because we’re now in the mists of the election period where all numbers are made to look better regardless of reality.   Treasuries have recovered as of yesterday and are now steady as no sellers have come in to challenge the Fed’s constant buying program which in short is now the boondoggle of their existence.   The Energy Sector seems to have recovered from its Tuesday slaughtering with Crude Oil regaining from its $3 hit and is now trading at $95.16,  down 38 cents with all byproducts trading higher.   It’s amazing no one inside the governing bodies has challenged the falling Crude Oil pricings since ISIS started carving out its own existence inside Iraq and Syria and threatening every other nation around its claimed territories.   After all we’ve witnessed an almost $15 fall in Crude prices since ISIS hit the news wires,  maybe terrorism is good for business,  or the Algo’s are controlling everything… till?   Gold is trading in the positive with its current price at $1.271.90, up $1.60 after reaching a high of $1.274.40 during the London Session.   Gold’s Open Interest gained some 6,400 during yesterday’s trade and there is a small amount of Gold bars receipts (181 contracts, or 18,100 ounces) waiting for delivery.   Silver is chugging along with its trade at $19.225,  up 3.6 cents after reaching a high of $19.29.   Open Interest in Silver continues to climb into new territory and to us,  this is the weakest point for the Algo’s and their banksters.   Deliveries still stand at 1,477 after 1,077 contracts were delivered upon yesterday,  very impressive numbers indeed!   Bitcoin is trading higher leading the Anti-Fiat team as usual with its trade at $478,  up $3.60 inside a 24 hour trading range between $490 and $470.40,  Ripple Coin remains steady with its price quote at $0.004766.   Grains are mixed to flat,  Softs and mostly lower with Cotton the only exception,  and the Live Stock Sector is heading for new life of contract highs after the Hogs took prices down for a while.   Inflation is here to stay, regardless of the governments stats,  till after the great reset is put into place.   The Twisted Sisters of Paper continue on their merry way higher as foreign buyers look for places to park their cash while the war drums beat across Europe at the same time Doctorates are flipping burgers and filling out job applications because their respective careers are no longer needed.   Europe is in such a screwed up mess with their financial deva Christine Legarde,  under fraud investigations at the same time Germany’s economy is starting to wobble because of their exposure to Russian sanctions.   We remind everyone that Germany would not be in such financial difficulties if they were not forced to support France and the Mediterranean nations with their constant usage of debt to support their respective governments that refuse to live within their taxable means, and if they had their Gold inside their own vaults.   Many blog writers have been suggesting today and Friday will be turning points within the markets with Martin Armstrong leading this group.   We’re still very much amazed at MA’s turning points and with the Twisted Sisters of Paper continuing on to higher ground,  we still wonder why he’s not friendly to the Precious Metals or Bitcoin. He’ll ignore Bitcoin as the new global Crypto-Currency but will embrace Ecuador’s banks attempt to enter into the fray because it’s a puppet to the Federal Reserve class. The Crypto’s that will succeed IMO, will be those that are not controlled by a government or a bank,  regardless,  some people need to have a government to tell them what to do.   We feel free markets are the real answer and hopefully it will be so again.    Still to date,  we see no reason to change course,  as we strongly suggest that those who have not done so already, to get their retirement monies out of this system set to steal,  and place these funds into real physicals.   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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