Dollar’s dropping as Silver and Gold are held in check (for now)

The US Dollar has been leveled over the past few days as we await the next moment of agitation that could send the Dollar lower with the trade now at 84.980,  down 6.1 points with a low of 84.875 so far.   Treasuries are definitely not looking healthy after this week’s spike in the 30 Year Bond with its trade now back down to its original start at 142~22.   The Bonds trade leaves us the impression that the Treasuries are about to go negative and soon.   Today’s little storyline will be wrapped around the Housing Starts and Permits numbers along with a host of 3^rd quarter earnings numbers which we believe to be absolutely horrible,  if the truth was told.

The Energy Sector has leveled off a bit after Crude Oil’s drop to $79.78 in yesterday’s trade before it recovered to where it is now at $84.15,  up $1.45 from yesterday’s close with the rest of the sector either prepared to rally from here or finish up with the dead cat bounce.   Regardless of the outcome,  the prices swings are something to behold.

Gold’s rally has been stymied the past few days even though the US Dollar’s been losing value daily with the noble metal trading at $1,237.40,  down $3.80 inside a very tight overnight trading range between $1,242.10 and $1,236.30.   Open Interest in Gold has gained a huge amount yesterday with an additional 5,016 contracts being added to the mix now totaling 402,871 during the negative trade yesterday.   This is huge and to add a bit more intrigue to the mix,  over the past 7 days of trade,  no delivery contracts have been settled with the exception of 1 contract yesterday.   Silver’s trade remains stagnated as well with its current price at $17.355,  down 8.2 cents inside an 11 cent trading range so far today.   Oddly enough,  the volume in yesterday’s trade was huge yet no Open Interest change occurred with the OI reported at 169,281 for 2 days now.   We believe we’re about to see to exciting words pop up when precious metals are discussed.

Bitcoin is lower this morning with its trade at $376.30,  down $17.70 from yesterday’s quote inside a 24 hour trading range between $394.20 and $370,  as London attempts to keep things under control.   Good luck with that guys,  the Crypto’s are removing your lifeline of controls.   Ripple Coin is trading higher today with its current price now at $0.0050573,  based on percentages,  this is a good jump in value.

Grains are mixed to flat as we await the Export Sales numbers,  Softs are mixed with Cotton and Cocoa trading higher with Coffee and Sugar trading lower,  and the Live Stock Sector is posting negative numbers across the board.   Nothing to fear though because the Working Group continues to support the moronic trade of buying on the dip.   Londoners continue to do the Pavlov as the only traders out their continue to take the bait that has paid off for years now.   This will end badly,  but not until these Pavlovians put in every last bit of their money into the kitty in that one last attempt to profit before it all disappears in one swoop.

Airline Companies are starting to take some heavy punches since the Ebola scare hit the streets as it seems Europe is shuttering their planes that have the Ebola virus in them.   Our illustrious CDC group continues to lie, or be misinformed about Ebola being airborne yet the WHO is stating it’s just that,  airborne!   http://www.inquisitr.com/1541821/ebola-is-airborne-university-of-minnesota-cidrap-researchers-claim/ .   Cruise lines will eventually be affected as well as we look towards the Mediterranean for immediate confirmation as people try to escape the 50% kill ratio in Africa.   Have you noticed that none of the CDC people are offering any preventative advice to the masses?   We find this unnerving and yet very typical of a failed government on its way out and we’ll offer up what we’ve done to saturate our bodies with Vitamin C,  which the Ebola Virus seems to be attacking.   Once again our disclaimer is,  we’re not Dr.s and we have no idea what we’re doing,  so do your own research to find a preventative way to keep the immune system strong.   There are many approaches to this,  but to us,  this seems to carry some value;

http://www.youtube.com/watch?v=1cBp879mfgI

“Have you ever wished you could get the many health benefits of high-dose intravenous (IV) vitamin C at home, at low cost?   Discover a cheap and simple way to multiply the effectiveness of oral Vitamin C.   One gram of this simple megavitamin C can do the work of up to 8 grams of pure vitamin C by intravenous injection!   Wellness expert Arthur Doerksen shows you how to make it in your kitchen in less than 10 minutes.   The iSonic P4810 ultrasonic unit is recommended.   Check Amazon.”

http://www.dudadiesel.com/search.php?query=vitamin+c

8 pounds of 99.98% food grade vitamin c for 50 bucks shipped. Convert to liposomal c and you have the I.V. equivalent of up to 64 pounds of c.

Have a great weekend,  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

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.