The cure for the puking rollercoaster ride in the markets, is Silver and Gold

No matter how you slice it or dice it, the US Dollar has a seller in place that is dumping the fiat and keeping the Feral Reserve busy with the trade at 85.265, up 2.4 points after reaching up to 85.530. This little rally happened over the past 35 minutes and it’s simply done to paint the charts before the US trades kick in. Treasuries are now becoming a very scary trading arena after yesterday’s barnstorm move from the previous days close in the 30 Year Bond at 142~22 to the rocket launch up to 148 before coming back down to 144~11. Volatility has entered the arena and those that are in this should consider being short from this point forward. Eurodollars are starting to go negative but we’ve seen that before, so waiting for more evidence is required.

The Energy Sector is another Neg that keeps on Negging with Crude Oil not getting any breaks with its trade at $80.31, down $1.44 from yesterday’s close with the entire sector being dragged down with it. The story about Saudi Arabia helping out by selling Oil cheaply apparently has legs, but if one understands the art of war like Russia and China do, “Somewhere there is a gap in the armor, a weakness that can be attacked instead … Encourage your enemy to expend his energy in futile quests while you conserve your strength.” This may be the weak link in the bankers armor because the side effects are hurting more entities than ever before.

Gold has strength in its trade as the markets continue on its wonky trek upward with the trade at $1,243.80, down $1 after reaching a high of $1,245.60 with a low at $1,237.70 all during the London trade of course. Open Interest gains continue with 126 more contracts added to the mix. Silver seems to be stronger with its trade hitting positive just before getting hit again as London attempts to paint the charts for the Comex open. Whether it works or not seems to no longer matter because the deep pocketed buyers refuse to leave. The Silver trade stands at $17.49, up 2.6 cents after a high of $17.54 was hit with a low at $17.385, very tight trading range at the same time Open Interest fell by 482 contracts. Still the OI is super high compared to Gold, and if the OI doesn’t drop in the December contract going into delivery, all hell will break lose. This will change people’s religion if the delivery rumors are real.

Bitcoin is higher with its trade now at $394, up $3 from yesterday’s quote and inside a 24 hour trading range between $415 and $385.90. Bitcoin has another user in the American Sports arena. More and more businesses and people are starting the use the “out of the controlling mechanism of central banks and governments” currency. Maybe it should be called the people’s currency. http://www.orlandosentinel.com/sports/college/college-gridiron-365/os-bitcoin-st-petersburg-bowl-accepting-bitcoin-to-buy-tickets-20141015-post.html . Ripple Coin is steady as she goes with its trade at $0.004869, once the coin breaks thru $5 I’ll start quoting the trading ranges for you.

Grains are mixed to very flat, Softs are mostly positive with Cocoa the only neg, one might wish to consider a fact here. Ebola is all over the Cocoa growing areas of Africa and since we don’t know much about the virus, we can’t say for certain if it can be transferred via Cocoa pods. We’re considering buying our chocolates now as a precaution. Live Stock Sector is still elevated but has made some corrections over the past week, it’s all up to the farmers now to see if the Grains can be lowered going into winter. If the Winter season is colder than normal, Live Stock will suffer causing another rally in the meats.

The Paper Markets have been everything but calm and if you’ve been attempting to trade in an out of this sector, you’ve probably gotten seasick and puking everywhere. It’s been a long time since real volatility has shown itself in the markets and this rollercoaster still looks like it’s going to deliver another puke moment as the NASDAQ continues to make newer lows with the Dow and S&P still trading just inside yesterday’s lows. Things have changed over the past few weeks with volatility showing up in all things paper (Treasuries, Currencies, and the Stocks), and the real products may be ready to benefit from the falling Dollar as people start to become aware of the future inflation problem that seems ready to pounce onto the playing field.

Texas seems ready to declare a state of emergency with the Ebola virus reaching fear levels not seen before with the Dallas Commissioners ready to Declare a State Of Disaster Today over the Ebola virus, http://www.zerohedge.com/news/2014-10-15/dallas-commissioners-will-declare-state-disaster-tomorrow-over-ebola-fears . Now there is another nurse who went home and is now quarantined in her home in Akron with other family members home being cordoned off as well. http://www.zerohedge.com/news/2014-10-15/dallas-commissioners-will-declare-state-disaster-tomorrow-over-ebola-fears. All of a sudden, our move away from the big city is paying off in spades because it gives us a better chance of survival living in the retirement community of Prescott, Az. The fears are real and this winter season may be a nightmare at best. Still to date, we feel there is no better place to park ones money than in physical Silver, Gold, and some non-virus-transferring Crypto-Currencies. So keep them 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.