Bankers chumming the waters of investments as they keep Silver and Gold in check

  Good Morning!!   We’ve entered the point in trading where it almost doesn’t matter what is going in the financials markets because it’s 2 days before Christmas and the whole world is waiting for family and friends to gather around the dinner table and the offering up of gifts surrounding a well lite tree.   It seems no news is worth reporting as we see our US Fiat Dollar trading at 89.95,  up 1/10^th of a point inside a tight trading range between 89.995 and 89.845.   Treasuries are doing the same,  not moving,  even though we have some of what used to be called important data coming out today like the Durable Goods,  Personal Incomes,  and New Home Sales reports.   Yesterday,  we had Existing Home sales come out and it was the worst report in 4 years,  but it doesn’t seem to matter anymore that people are losing value in a major purchases.   Being the home buyer over the past 7 years is proving to be worse than driving a new car off the lot.

Crude Oil is still doing very little for itself as it keeps the entire Energy Sector is in a point of stagnation at its multi-year lows with Crude Oil’s trade at $56.09 (Feb),  up 84 cents with the rest of the group posting positive numbers yet is not creating anything formation wise except a sideways channel.   Natural Gas did create something that used to point to as a possible positive trade in the near future,  that’s an Island Bottom.   We’ll have to see if this one pans out in the future.

Gold is still the enemy of every fiat currency and government that is controlled by a bank that creates the fiats as we see the trade sit at $1,178.30,  down $1.50 inside a tight trading range between $1,184.90 and $1,173.00.   Overall Open Interest is at 375,829 contracts,  a gain of 1,139 additional positions during yesterday’s $16 forced move lower price.   3 receipts were given out in yesterday’s trading period at the same time the December’s OI gained 2 more buy orders totaling now 586 contracts waiting for delivery at this late stage in the month.   Silver is equally unmoving with its trade at $15.68,  down 8/10ths of a penny inside a range between $15.78 and $15.58.   The Overall Open Interest is at 147,822 contracts held overnight,  adding an additional 2,081 contracts in order to push Silver’s price lower in yesterday’s 34 cent loss.   December’s OI stands at 35 contracts,  a drop of 66 positions as we are still waiting for delivery notices to be posted.   If they don’t post,  then these contracts where settled in cash.

Bitcoin is gaining value with its trade at $331.80,  up $2.90 inside a 24 hour trading range between $335.00 and $319.90.   Once again,  we’re adding to our thesis that Bitcoin has been leaned upon by Federal forces failing to control their own weakened currency during a Triple Witch Week.   It doesn’t seem to matter anymore how much negative press the lame stream media puts out there anymore,  the global population seems to really want a currency that cannot be weakened for the benefit of a few against the demands of the billions.   Ripple Coin seems to be channeling with its trade now at $0.0247,  down 600 points from yesterday’s trade with no news coming out.   The 24 hour volume has slowed to $1,939,970 being used in today’s moves so far.   The Market Cap is constant at $780,607,224 with 30,978,075,200 coins out in the world so far.

Grains are mixed,  Softs are mostly higher with Cocoa the only exception,  and the Live Stock Sector continued to trade higher in yesterday’s trade.   Today we have the Hogs and Pigs report due out after the Chicago close which may add some real direction,  and the Twisted Sisters continue to mislead the sleeple in their “Come on in,  the waters fine” statements as their controller’s level out the chum across shark infested waters.   Yes sir,  it’s Christmas time and everything should be ignored for families sake.

We stand in our beliefs that this system can’t stay in place much longer,  especially when some “Too Big To Fail” banks post very bad returns in this last quarter like those of JPMorgan and BAC.   We strongly suggest you get your retirement accounts out of this “Take From You” system and purchase physical Silver and Gold, and have some funds in the Crypto System as well,  until some form of normalcy returns to the investment arena.   Until then,  keep the 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….
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