Read the story here. Advertise at Before It's News here.
Profile image
By Fort Wealth Trader's Blog (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Are your nuts gathered? Silver and Gold are ticking time bombs

% of readers think this story is Fact. Add your two cents.

US Dollar got a little support in the overnight with the trade now at 87.745, up 14.7 points with a high of 87.83 and a low at 87.23. Treasuries are also under a support mode but the charts look like this buyer of last resort can’t make their support look good at all. We suspect the G20 meeting didn’t end well as the rhetoric from the various sources are saying “every man for themselves”. Russia was given the cold shoulder treatment as the G6 acted like spoiled children at a party. On Friday, Russia turned over some hacked US owned satellite photos proving the M17 jetliner was shot down. The evidence is pretty clear, especially when you look at the fuselage after the plane was put back together for investigative purposes. The fuselage photos are here.

The Energy Sector continues to aim lower with the leader, Crude Oil, now trading at $74.90, down 92 cents dragging the rest of the group down as well. This is pointing to some very disturbing truths that cannot be revealed; Is the economy so bad that our usage has been cut in half, or is this battle to find the bottom in a deflationary cycle out of control? Surely the fracking industry can’t survive this continual drop in energy prices, this new energy extraction theory was supposed to be a boondoggle for the energy giants.

Gold is surprisingly trading higher with the trade at $1189, up $3.40 with a high of $1,193.60 and a low of $1,181.30. Gold’s overall Open Interest fell to 456,364, a drop of 6,079 contracts with the December OI still at a healthy count of 215,956 contracts standing in line with only 2 weeks left before we enter the delivery period of the biggest month. Silver is pointing the way lower with its trade at $16.150, down 16.4 cents after reaching up to $16.455 before London came in to paint the charts. Of course Silver is not allowed to have a second day rally, after all, there can be no more educated dispute because the fines and admittances of Silver and Gold manipulations are now public record. Those that claim there was no manipulation, you know, the ones that are always paraded as experts in front of that cyclopean mind control tool called the television, are hired to lie and can/should never be trusted again. They are the true charlatans of our time. Silvers overall OI fell to 171,057, some 2,012 contracts left on Friday’s big push higher. The shorts once again took a bath as we see control still within the system (for now). December’s OI continues to drop with its total now at 80,768 before the Comex open. The last 2 Friday’s are very telling. There is a change afoot and we think it’s the Precious Metals ticking time bomb giving us a signal, that the control system is broken with a very short timer starting at 3 ..2 ..

Bitcoin, Fort Wealth’s leading indicator for the Anti-Fiat direction, is trading higher than Friday’s quote with its trade at $410.10, up $10.30 inside a 3 day trading range between a $415 high and a low of $369. Ripple Coin keeps holding its value with its trade at $0.005474, down slightly from Friday’s quote but still elevated compared to the past months quotes. As the Fiat Currencies go deeper into the hole, these Crypto’s will be looked at as the place to save your wealth or purchasing power. Checking and Savings accounts no longer retain a savings value as the G20s meeting was about changing the average accounts to a high risk level with no returns. This is really screwed up and there is no way out but the devaluation of the fiat currencies in order to offset the debt accumulated by each nation. Printing money without earning it has reached a pinnacle as we wait for the spiraling flush all fiats deserve.

Grains are flat to lower, Softs are mostly weaker with Cocoa the only exception, and the Live Stock Sector, which is now closed because the overnight traders where manipulation the prices, will most likely trend higher because the frigid air coming in from the North will shiver the animals not sheltered, causing more feed to be given to them to offset the weight loss.

The Twisted Sisters, with a Working Group backbone, is trading lower at present with the rest of the globes fiat system trading lower as well with the only exception being India. The paper game can’t last too much longer because the creation of fiat seems to have run its course with no affect trickling down to the masses. Without the masses being involved in the recovery, there winds up being no recovery … Go figure!

We have been suggesting to everyone willing to read our missives, to gather their nuts and bring them home, outside the 3rd party system because of the break in trust. We have not been allowed to receive any form of truth until the governments and banks were forced to tell it. Lawsuits to bring the truth out ultimately means laws are being broken by the government created to uphold them. When there is no trust, there is no reason to be in the system where lawbreakers control the markets. We do not feel the system will collapse onto itself, but we feel the prices of all commodities will be forced to find its natural price once the Algo’s go beyond their creators understandings. We may not be too far away from that right now. So keep your gathered nuts close, and as always … Stay Strong!!

JB Slear
866-443-0868 Ext 104
Fax: 817-764-2537

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.


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.