Approaching Nutopia as Silver and Gold rally

The US Dollars trade doesn’t look good this morning with its current value held at 87.665,  down 34.5 points and up from its low of 87.575.   No news has been released that would cause this drop except for the way the media is starting to hype up the Ferguson pre-riots BS again.   Treasuries are trading higher,  but barely after yesterday’s reversal which saw the 30 Year Bond drop from its 10 point positive sign to become a 10 point drop at the close.   Things are starting to really shake up on the inside now that the G20 gathering proved they have no cure for their self created fiat blues.

The Energy Sector seems to be on its own these days as Crude Oil steadied a bit with its trade at $75.82,  up 19 cents from yesterday’s close as the low from Friday stays in place.   The rest of the Sector,  that is Crude’s byproducts,  are trading lower at present as we all seem to be waiting for the Energies to find their lows.   Not even Heating Oil has risen with over half the country covered in snow at least a week before Thanksgiving,  way too early for snow,  and if this is a precursor to a long and very cold winter, it is a good time to stock up on the rest of the seasons energy needs.

Gold finally broke thru the $1,200 marker this morning with its trade now at $1,201.00,  up $17.60 and close to its high of $1,204.10 so far.   Overall Open Interest is now at 459,532,  a gain of 3,168 contracts at the same time the OI in December drops to 207,294,  losing some 8,762 deliverables.   Silver is still following Gold’s lead with its trade at $16.275,  up 21.8 cents after hitting a high of $16.40 with the total OI now at 171,651,  a gain of 594 contracts with December contracts at 78,856,  losing 1,912 contracts.   Deliveries have increased but the data is slowed.   We strongly suggest everyone go to Harvey Organ’s new website for the early postings http://harveyorganblog.com/ .

Bitcoin is under attack again with its trade now at $376.30,  down $33.80 from yesterday’s quote and inside its 24 hour trading range between $415 and $371.40 as it appears the attacks on the Crypto’s are coming from the banking thieves.   It seems they have way too many markets to control these days.   It really seems like something is about to blow up, but we’re patient as the thieves are the ones scrambling for control.   Our favorite newer Crypto,  Ripple,  is trading higher with its current price now at $0.005535,  up 61 points from yesterday,  giving everyone involved a reason to be giddy.   The day the creators of this international trading Crypto state they are backing this experiment with Gold will be a “I told you so” day.   Get on-board so you can say it too!

Grains are mixed to flat with very minor swings,  Softs are all trading in the positive and the Live Stock sector,  as mentioned in yesterday’s little missive is pushing higher.   The “Buy and Hold no matter what” traders are hanging on to every wink and nod the Twisted Sisters of paper have to offer but if one looks at the charts the rocket ship V bottom has created what we call a Mega Phone formation.   Get ready for some real volatility coming to a Twisted Sister near you as the top seems to be curving towards the negative. This next move down will be painful to say the least.

The APEC meeting then the G20 Meeting showed the real weakness in abilities as the G7 gang seems to be circling the wagons around themselves.   They should now be called the “Most Indebted Nations League” as their fiat printing is about to come home onto each and everyone’s shores as the BRICS continue to gain in financial strength and physical Silver and Gold.   The failure to control and takeover of the entire system is about to change hands,  because these bankers have not been corralled (yet).   Whether we have another month or quarter no longer matters,  what matters most is the protection of ones purchasing power.   It is up to you to gather the nuts you feel will protect you from what we know will be the biggest change in our lifetimes.   Those that have done so will see their Nut-topia soon enough,  and their children will be thankful for the foresight their parents had.   So keep your gathered nuts 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.