Blood Moon Rising and day 3 of a Precious Metals rally

It’s all been about the US Dollar over the past few years,  and it’s been dropping since Monday with today’s quote at 85.82,  up 4.2 points after dropping as low as 85.665 before London kicked in some help.   Treasuries have been supported with the 30 Year Bond being driven higher over the last two weeks from a low of 135/12 to 140/20 in what can only be a desperate attempt to hide something.   PIMCO’s exit may have something to do with this but since we’re not being told,  we only have our guesses.

The Energy Sector continues to lose value no matter what is going on in the Middle East with Crude Oil now trading at $87.97,  down 88 cents from yesterday’s close in which we witnessed another $1.49 lose in value,  dragging the entire sector down with it.   This,  is of course mid-term election folly,  but may not matter because only the elders on our nation vote anymore,  no one else believes the elections have any basis in reality.   If it did,  both the Clintons and the Bushes would be jailed and their offspring shunned.

Gold,  is continuing its upward momentum with the trade at $1,217.80.  up $5.40 after hitting a high of $1,221.20 as its Open Interest fell,  giving us some belief that the shorts are finally leaving.   Silver is higher as well with its trade at $17.35,  up 11 cents after reaching a height of $17.465,  still way below yesterday’s middle of the night high of $17.625,  and all this while the shorts seem to be leaving as1,933 contracts left the field of play.

Bitcoin seems to have stabilized with its trade now at $343.60,  up $31 from yesterday’s quote and inside a 24 hour trading range between $347 and $312.40.   Ripple Coin,  our companies alternative Crypto suggestion,  is holding onto its value with amazing fortitude with its trade at $0.004989,  up slightly as people are becoming aware that this Crypto-Currency’s aim is to be backed by Gold.   If it does complete its quest,  this could be the next Bitcoin and at bargain base price levels.

Grains are all trading higher,  Softs are all trading in the negative,  and the Live Stock Sector continues to gain value in the Red Meats,  making the Federal Reserve and the governing bodies who write up the inflation reports,  look like total idiots when they say there is no inflation.   Nothing to fear though since the Twisted Sisters of the Paper Markets are trading in the positive once again after 2 days of correction was allowed.   Those that simply close their eyes and buy will most likely jump in again as Pavlov and his Dogs would be proud.

Something is happening to the US Dollar as we’ve been focusing on this for years now.   The onslaught of irresponsibility has reached a fevered pitch and since all the leaders of responsibility have left the arena after ignoring the complaints from the masses they were hired to protect,  the only thing left is the correction.   As the Dollar collapses,  Silver,  Gold,  and the Crypto’s will rise,  at the same time,  Commodity inflation will start hitting everyone even harder than it has.   At the same time,  deflation in Iphones,  TV’s,  cars,  and etc.,  will continue to fall,  while employment struggles to find a place since robots are cheaper to maintain.

Today is the Lunar Eclipse causing the Blood Moon to rise,  which many in history, used to forecasted dark events to occur because of this natural phenomena.   Maybe it’s foretelling the demise of the Dollar and all things paper.   Just a little intrigue to consider as we slide into our hump day.   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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