Triple Witch Week closes with Silver and Gold trading higher as Snoopy gets punked

Today we close out the Triple Witch Week as the bankers do a complete inventory check and rollover of all debt instruments with the 30 Year Bond and 10 Year Notes closing out today,  finalizing the end of the year’s manipulations.   The US Dollar is higher of course with the trade at 89.62,  up 14.3 points with a high of 89.695 and a low of 89.40.   Treasuries are weaker but ever so slightly as the “Too Big To Sell” is not allowed to move without permission.   The day the Algo’s lose control of this is the day the world realizes how naked and weak the entire central banking system really is.

The Energy Sector may have found its low as we see chart wise that Crude Oil has been trading sideways for the past 4 days with the trade at $54.59,  up 48 cents with the rest of the group simply waiting for a direction.   London is finally squawking about the low energy prices and how it’s affecting the northern seas energy companies as it seems the collateral damage is spreading far and wide as the punishment of Russia seems to be doing more damage to everyone else.   After all,  China has Russia’s back as well as the rest of the BRICS.    http://www.zerohedge.com/news/2014-12-18/its-huge-crisis-uk-oil-industry-close-collapse-people-are-being-laid What the G7

Gold is simply not allowed to trade over the $1,200 mark,  at least (maybe) until Monday when the new trade limits are in place.   We’ve yet to see a $100 move in Gold to the upside and a $3 rally in the price of Silver,  yet these limits/breakers/rest periods,  had to be put into place.   It is exciting to say the least.    Gold is trading higher at $1,196.80,  up $2 after reaching over the restrictor to $1,201.50 before the breaks were applied again.   The Overall Open Interest is at 374,841,  a slight drop of 107 contracts as it seems things have leveled out in the battle between the bulls and bears.    December’s OI is at 740 waiting for delivery,  a drop of 15 contracts with no deliveries given out yesterday.   Silver,  the most leaned upon market out there is trading flat.   The current price is at $15.95,  up 1/10^th of a penny after it hit its $16 restrictor price.  The Overall Open Interest is at 146,344 a drop of 473 contracts.   The past year’s folly of a giant amount of OI as the prices were forced lower has lead us up to this point in which the OI has dropped but not to serous levels and right up to the release of the limits.   My guess is things will get interesting after the Christmas is concluded. December’s OI is at 101,  unchanged from yesterday with no receipts given out as well. The possibility of a major drop is still there,  but it odds seems to not be there,  time of course will reveal all.

Bitcoin is trading lower at $310.40,  down $5 from yesterday’s quote inside a 24 hour trading range between $319.80 and $307.10.   The daily volume is $26,285,800 with its market cap at $4,234,265,541.   The Crypto has been around for over 5 years now and should have all the central bankers worried because it’s outside they’re leveraging control system and is being used and accepted by many different countries.   Ripple Coin is finally trading lower with its trade at $0.025089,  down 208 points with a daily dollar volume of $5,314,490,  a good size increase from yesterday’s number with a market cap at $774,785,541.   We think it would be a good idea for those that have 200% returns or higher,  to take their original investments off the table.   This is what a prudent trader would/should do regardless of the future moves.   With the initial investments off the table,  everything from here on out,  is a free ride on an experiment currency whose protocol is the best so far.

Grains are lower across the board,  Softs are mixed to steady,  and the Live Stock Sector turned to rally mode in yesterday’s trade after the Feeder Cattle limits were extended to 450 point swings from the previous days close.   The “close your eyes and buy” Twisted Sisters have done their job well because the drop in values that took two weeks to occur,  have been completely reversed these past 3 trading days.   The FOMC meeting confirmed to many that the Fed is dead and all they have left is “patience”.   The most laughable word in a world looking for a reality check.   No wonder they need survival fanny packs,  they’re going to need them very soon.

It seems we have another “To Big To Fail” insurance company added to the must support in order to keep a failed system alive.   MetLife is now under the control US Regulators as we see even Snoopy can’t escape the grips of an out of control government with a failed monetary policy. http://abcnews.go.com/Business/wireStory/us-regulators-label-metlife-potential-financial-threat-27700766 .   In time people will realize that leveraging everything is the beginning of the end and with a Federal Reserve’s only policy of print,  print,  print,  will eventually destroy everything financial in its path.   We’ve had this One Global Banking System for several centuries and it’s been kicked out of our country once before.   My prayer is that we kick it out again and make laws that will really punish those that wish to manipulate the rules for the benefit of the few.   Both inside the political arena as well as wall street.

Till that time,  we strongly suggest you keep most of your monies out of this 3^rd party banking system and have it placed in physical Silver and Gold,  along with some Crypto Currencies in a small risk way.   Keep them close to the heart 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.