Silver and Gold lower just before the (doubtful) Unemployment report posts

The US Dollar,  a shell of what it once was,  is trading 40 points higher again during the London market time at 85.09 after taking a bath during yesterday’s movements and with no fundamental reasons for the gain except central banker desperation.   Treasuries are not allowed to show any form of negativity and is still trading unchanged even after Europe has opened up its version of the Pandora’s Box by now trading with China using the Euro and bypassing the Dollar.   Time is all that’s necessary to see the wave of change come across the board.

The Energy sector is flat with Crude Oil down 16 cents from yesterday’s close with the current price at $90.83.   This week we witnessed a $6 swing in Crude Oil prices,  most likely shaking out any buyer who thought the bottom was in.   Did you see the US backed Ukrainian President get caked during a news conference and that no news has shown up regarding the attempts to spark that dead horse war?

Gold,  which had two days of positive movement,  is not allowed to register any more excitement and is now trading at $1,206.80,  down $8.30 even though its Open Interest gained at these bargain basement prices.   Silver,  is lower again with its trade at $16.975,  down 7.2 cents after its OI lost 1,021 contracts to 172,201.   The markets seem to be gyrating more than the past few years norm and this bears watching.   It seems something very big behind the scenes is occurring and with JP Morgan’s accused hacking crime breached its trillion dollar money system and is claiming 76 million household accounts along with 7 million small business accounts have been exposed.   Now let’s see,  who or what country will they blame it on?

Bitcoin,  our Anti-Fiat leading indicator,  is trading lower by $3.40 with its trade at $376.60 inside a 24 hour trading range between $385.80 and $371.60.   Ripple Coin,  our newly added Crypto to watch,  is trading higher with its trade now at $0.005163 as it seems more and more people are seeing the possibilities that this currency will be backed by Gold.   Think about what may happen to this Crypto when Gold blows past it’s old high?

Grains are flat to higher,  Softs are mostly higher with Coffee taking back some of that major gain in yesterday’s trade,  and the Live Stock Sector remains elevated across the board.   The Papers have been quite volatile over the past week and now that we’re about ready to see the next lies posted (Unemployment and Trade balance),  we have to consider the possibilities that a too big to fail bank  will fail.   Eric Holder,  along with the entire entourage of CFTC chairman,  who oversaw no arrests of corrective action beyond accepting money instead of jail time,  is no longer representing the industry.   To us,  this means something bigtime is about to unfold.

The complete separation of the world’s money system away from the Dollar may be close at hand as it seems only Saudi Arabia is the last nation that hasn’t announced it will be trading in the Ruble or Yuan.   Even high frequency traders are starting to see front page news coverage again with their ghost trades and market manipulations,  which we feel are directly linking Silver,  Gold,  and the US Dollar together,  but the governing bodies only go after the small fries and don’t aim for the double cheeseburger  aka the central banks.   Could it be that our nations trading partners,  who have demanded change years ago,  have cornered our rats,  and since our do nothing protectors of the system have left,  we’re about to see that change?   We feel this is very possible and we’ve done all we could to prepare those that see what’s happening.

We sit in our simple approach of having folks hold physical Silver,  Gold,  and some Crypto-Currencies,  along with a few Long Call Options and to keep most of their monies outside a system bent on protecting those at the top and not the masses.   Even yesterday,  a federal judge laid bare any type of protection for state and city employees who have not felt the pains of the grand theft yet,  but are now possibly,  the next targets.   Please,  Please,  Please,  if you haven’t done so yet,  Buy and take home physical Precious Metals,  consider having a few hundred US Frn’s in the Crypto’s,  and get your retirement money out of the system before the currency devaluation takes that big step forward.   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.