The Freedom rally is causing waves in the Precious Metals

The rollover of the contracts involving all western currencies is complete with the December contract of the US Dollar trading at 84.365,  down 3.3 points after trading in a rather volatile manner overnight between a range of 84.495 and its low of 84.230. We’ve not seen this much movement in a while which may bear more watching.   Treasuries will have their rollover this Thursday as we see that the most important date to watch will be the Triple Witch Day as Scotland declares its independence via voting rights,  with the FOMC data being released,  as well as the rolling out of the Paper Contracts of the S&P,  Dow Jones,  and NASDAQ.   At present,  the Treasuries have a rounding top even though these instruments are under threat of support by the Federal Reserve and its foreign banking friends,  who are obviously fighting the natural order of market will.   The Energy Sector remains pretty much unchanged with Crude Oil at $92.72,  down 20 cents with Gas being the only positive at present.   We still find it hard to believe that Oil Shale will be the energy rescue of our nations needs as the industry claims,  but we watch with curiosity and hold back our pessimism till more evidence makes it clear.   Gold is higher,  but off the London high,  with the trade at $1,239.80,  up $4.70 after reaching up to $1,243.20.   Open Interest fell a bit in yesterday’s trade with the number now at 380,847,  this is the amount of positions being held overnight.   Silver is higher with its trade at $18.745,  a positive of 12.5 cents after it reached $18.87 as its Open Interest fell a little at 170,075.    Normally,  during the Triple Witch Week,  all bullishness in the Precious Metals is contained but the nervousness of Britain’s government is making things a bit more volatile as Scotland’s independence remains a focus,  which in turn could cause another rally in the US Dollar as the Euro takes another pounding until its known which currency the almost newly freed nation decides upon.   Bitcoin is trading lower than yesterday’s quote with its trade now at $469.20,  $3.80 lower than yesterday’s quote and inside a 24 hour trading range between $481.60 and $465.30,  which could mean our metals will be pushed lower going into the US Open.   Ripple Coin is still trading above the past months trades with its current price holding at $0.005069 as more and more people are catching onto the ease of not having that old school wallet in which government agencies can take what you have at will under suspicion of illegal activity.  The ease of payment outside the current cost killing banking system is a major plus and should,  in time,  become the run to reason if one wishes to keep their purchasing power intact.   Grains are all trading in the positive,  Softs are mostly higher with Cotton the only exception and the Live Stock Sector is posting slightly negative numbers at present,  most likely because of the grain harvest pressures.   Paper Markets remain flat and uneven with rounding tops occurring in the sinister Sisters which have gone in the opposite direction of our American reality.   Last Sunday was the 5 year anniversary of the Lehman collapse that drew out the QE start.   This was the day of change in which the government decided to rescue it’s friends by printing money to save their sorry asses for being over-leveraged and on the wrong side of everything.   Here is the video,  that has been removed from view many times over the past 5 years,  showing the storyline of decisions made inside the Treasury’s Office that weekend,  in order to flush out the longs in Silver and Gold,  when they should have exploded in price (http://www.youtube.com/watch?v=yfslbOhvkrg).   Today,  the investors that are still left trying to figure out the next rally,  are stuck between the pressure of the printers and that reality from 5 years past.   Most of the economy has been decimated as employment numbers collapse,  home and auto sales continue to decline,  in which leads to much lower tax revenues, a real snowball rolling downhill gaining speed and volume each and every inch.   All this points to a much lower quality of life,  yet we’re constantly being lied to at every level as we hear the claims that things are getting better.   Even the news services that used to parade themselves as “fair and balanced” can no longer be trusted and are dying right before our eyes.   What we hold true is a split between old and new,  Silver and Gold represent the physical,  ancient ways of carrying value from one day to the next.   The new,  is our view of the Crypto-Currencies,  because of the freedom the world is demanding from the gang of printing criminals who own almost every western government who can actually steal ones money from their private accounts at will.   A mix of what we call fair and balance.   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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