Fort Wealth Trading, LLc.

US Dollar is still up there with the trade at 83.980 after dipping to 83.760 earlier in the session.   Treasuries are under support but did break below the support line in yesterday’s trade and the attempt to recover is being worked now.   Energy Sector is still playing its “rally during NYMEX trade, lower in the other sessions”  with Crude Oil down 46 cents with its trade at $95.76 with the rest of the sector slightly lower as well.   Gold is higher with the trade up $9.40 at $1,387.00 with the top at $1,388.60,  Silver is following suite with the trade up 18 cents at $22.635 with the high at $22.670 with the rest of the metals up as well.   Grains are mostly lower with Wheat/Rice the exceptions,  Softs are mostly lower as well with Sugar/Cotton moving higher and the Live Stock Sector is all trading in the positive.   The Paper Markets are higher in the early morning as well.   Open Interest in Silver is gaining with the marker now at 150,201 so it seems the more the price is pushed lower the more positions get added on.   We’ve been watching the OI for some time now in Silver and have witnessed a new paradigm.   The old multi-year high in OI was 146,000 till we broke thru that a few months ago.   Once that number was busted,  the OI hasn’t dropped below it.  Very curious indeed,  and we’ve yet to understand the full meaning,  unless,  if Silver does take off and OI starts to drop below this,  it could mean the shorts are toast.   We are truly in trying times and keeping ones metals close is still the play.   Enjoy your day and as always … Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

The US Dollar once again gets the support it needs from overseas trading with the market now at 84.230, up 38.8 points, a nosebleed height based on the simplicity of common sense when one looks at the fundamentals based on jobs and housing.   Treasuries are having a hard time picking themselves up off the floor of this support line created over the past 2 weeks and really hasn’t budged since the emergency Bankrupt 7 meeting.   Energy Sector is continuing its game as well with Crude Oil trading lower at $96.30 down 63 cents during the Euro session, which has a habit of climbing during the NYMEX sessions leading to higher prices in all things energy.   Precious Metals are obviously under the scrutiny of the Bankrupt 7 and the global physical buyers.   The trade is never allowed to have a second day rally ever since Oct last year with Gold down $7.20 at $1,376.20 after it almost made it to $1,400.   Silver is the same,  another sore spot for the Dollar printers with its trade at $22.33 down 25.2 cents after it reached $22.910 with Open Interest climbing above 147,000+.   The Deliveries are the key here and they will consume the sellers when the time has come,  however,  we still have to deal with these algorithm trader’s and their black box trading programs till this game is over.   If these systems were human,  they’d be in an uncontrollable sweat right now.   Grains are mostly lower with July Soy Beans trading higher,  Softs are mostly higher with Cotton the only one trading lower.   Live Stock Sector is mixed with Live/Feeder Cattle trading higher,  Lean Hogs moving lower and our paper Markets are trading lower but barely.   Yesterday’s recovery in Silver was amazing,  in three hours of trading Silver’s volume totaled 27,213 as the mighty metal trashed the short trader’s attempt to beat the market lower.   One can point to this as being a major turnaround with the Open Interest climbing as the market rallies from its beat down which occurred on Sunday night when most firms in the USA and Europe are sleeping.   We have to wait a few more days for things to prove themselves,  we are patient because we have indisputable facts on our side.   Keep your metals close and as always …. Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

US Dollar seems to have lost its overnight support with the trade down 26.2 points at 84.125,  close to its low of 84.040 when it really should be down below 72.00.   Treasuries did get their support when London opened and the buyers are helping the sheeple stay in their positions regardless of their personal knowledge of low returns and high risk.   Energy Sector continues to drop during the London session but climb during NYMEX with Crude Oil now at $95.72 down 57 cents with the rest of the sector simply waiting.   Gold got hammered again first thing during the Asian session,  most likely in response to the HKMEx deciding to leave the precious metals market.   Personally,  I feel their language used in the closing statement wasn’t as strong as it should have been.   It could be that these people see what our governing bodies can’t,  the manipulation of pricing will either stop,  or they’ll just buy directly from London and COMEX till they drain the system and they will no longer risk their metals while doing so.   Gold went as low as $1,336.30 and is now trading at $1,354.60 down $10.40 and is $10 off its high.   Silver got beaten more than I’ve seen in a long time at the open.   The trade now stands at $21.685 after dipping to $20.25 on roughly 1,745 dumped onto the markets within the first 5 minutes of trade.   Regardless of the games being played the COMEX and LBMA are being drained of their precious metals and that will eventually stop these games of manipulation.   Grains are lower in the back months but higher in the July contracts,  Softs are all trading in the red and the Live Stock Sector won’t trade till 9:10 Chicago time.   Paper Markets are trading lower but have recovered quite a bit from their lows in the early morning report.   Jim Sinclair (my mentor in metals) had his meeting in LA where we got to meet 500 people involved with Tanzanian Royalty Exploration Corporation.   Some came with a chip on their shoulder wanting to blame Jim for their loses.   Now these complainers are my elders,  the ones that use to tell me that no one should blame anyone for their gains or losses,  but to take responsibility for their own destinations in life,  no matter what!!   WTF happened to our society where people cannot accept their loses as their own?   It was amazing to see these people blamed Jim Sinclair for what others are doing in the markets.   Jim was perfect!!   He took on the complainers with such gentleness and without his ego getting in the way.   I would have lambasted these people one way or the other,  which means,  I have a lot more to learn about myself.   Jim gave one tidbit that I thought was the most important clue out there.   Back in 1980,  the COMEX was scared out of its mind that the Hunt Brothers were going to take delivery of Silver and virtually drain the COMEX of all its Silver.   They took,  at that time,  a reactionary response to these rumors,  but Jim now feels that this time,  COMEX will not allow this to happen and that they will most likely stop all deliveries before this will happen.   How do you stop deliveries?   Raise margins to 100% first which will push out all speculators and leave only those that need the product for manufacturing or delivery.   I know some people that feel that the COMEX will send the metals down to zero $$ and then shut the system down.   That’s scary indeed!!   But why would they do that to an exchange they’ve controlled for centuries and when they hold 100 pieces of paper for every 1 real contract?   I feel they will have to let Silver and Gold go to their natural price discovery because they will benefit from the price movement because they hold all that paper!!   It’s only a matter of time before the jump in prices happen and it will be like a thief in the night,  it’ll happen and no one will be able to respond to it unless they’re in Purchased Call Options as a protective action beforehand.   It feels to me that we’re close to the moment when this will happen.   There is so much tension in the markets it’s almost like sitting in front of an Alfred Hitchcock movie shower scene like “Psycho”.   Keep buying Precious Metals,  stay out of the Futures Market with the exception of holding Call Options and as always  ….  Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

US Dollar is still the Bankrupt 7’s (used to be the G7) focus of support with the trade rallied up 34.8 points at $84.065.   They do this while we sleep so most of the sheeple can go on their merry way in life,  right into the financial slaughterhouse without a clue.   Treasuries got their needed boost in trade yesterday and is trading above their newly created low with the attempts to keep things in the status quo continues.    Energy Sector did it’s trick as well in yesterday’s trade by first trading lower, then pulled higher but only after the precious metals closed out at COMEX.   Crude Oil’s trade now stands at $95.79 a barrel with the rest of the sector following close behind.   Gold is down $8 even with the trade at $1,378.90 and is well within yesterday’s trade.   Silver is down only 16.9 cents with its trade at $22.480 and is range bound as well.   Many writers are covering the climb in open interest within the spot month and we find it very curious that someone with very deep pockets keeps adding more and more contracts into the May month to take delivery before the first of June.   This approach is going directly against what the Bankrupt 7 is planning.   The smell of urine in business suites must be prevalent at the warehouses of COMEX.   Open Interest in Silver overall hasn’t moved much either and is actually climbing as well with OI numbers above 147,000.   This tells me the buyers have not been shaken out of their positions which adds more impetus towards a real change in direction.   Grains are mostly higher with Wheat/Rice the exception,  Softs are mostly higher as well with Cotton trading lower.   Live Stock Sector is all trading in the positive and the Paper Markets are moving higher as well.   Beating the metals is all the Bankrupt 7 can do in order to stay in power and I for one,  do not trust what these players have in mind.   The lies keep piling on as we witness the IRS,  central banks,  the Justice Dept,  and other Governing bodies in charge of keeping corruption out of the markets have failed in every way possible.   The fight for survival really is over (for them).   So keep adding precious metals to your portfolio and get out of the Bankrupt 7’s currencies so you can enjoy the purchasing power after the failures are recognized.   Enjoy your weekend and as always …. Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

US Dollar is still trading up in a ridiculous level based on everything fundamental with the trade at 84.00 up 3.9 points from yesterday’s close.   Treasuries seemed to have found a bottom for now after dropping over 6 basis points in a 2 week period, whatever that “Bankrupt 7″ meeting was about must have had a discussion on the Japanese/US bond failures.     Energy Sector seems to be in a quandary with no real direction except for a strong drop during the NYMEX trading period which then gets covered after the metals close down with Crude Oil trading at $93.87. Crude Oil dropped yesterday over $2 and fully recovering the same day.   Gold is not allowed to do anything but go lower,  regardless of the physical buyers out there taking these forced price dips and taking delivery.   The Open Interest in May Gold deliveries are now at 1,147,  up to 400 new positions added this week alone.   The trade in Gold is now at $1,373.40 down $22.80 with its bottom at $1,368.00.   Silver is doing the same with the trade down 40.8 cents at $22.250 with its low at $22.060 with 529 contracts still waiting for the sellers to identify themselves.   Back when we were taking deliveries for Jim Sinclair’s group we used to get the delivery notices within days after our purchases,  then they decided to settle all deliveries on the last day,  they are still playing this delay game.   Grains are trading in the positive with Rice/Oats the exceptions,  Softs are mostly lower with Coffee trading higher and the Live Stock Sector is trading higher across the board.   Paper markets are still being supported as we wait for the last bars of precious metals to leave the COMEX/LBMA.   This is amazing folks,  regardless of what all these long term technicians keep trying to hammer out there that only technical’s matter more than fundamentals.   I’ve been trading technical’s and fundamentals and have combined the two with some great success for almost 20 years now and I have never seen anything like Silver and Gold with super strong deliveries and yet much lower prices.   They are preparing for something extraordinary,  so should you!!   Keep buying physicals and if you wish to take a risk,  consider buying Call Options only without spreading,  because when this markets breaks open,  it’ll be a sight to see ….. Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

US Dollar is again pushed higher during the London session with the trade now at 84.080 up 36.7 points,  too bad it’s not because we have a booming economy.  It’s because we have a busted economy and there is a small group of individuals that have steered our economic ship right into an iceberg.   Treasuries are trading lower but have yet to drop below yesterday’s low,  it’s obvious to many that this fiasco called our “free” system is about to implode,  the question really is,  “what are they waiting for”?.   Energy Sector is finally falling with Crude Oil leading the drop at $92.97 down $1.24 and right on time too!  The drop happened just before I put thought into type,  if this isn’t Stepford Wife-ish,  I don’t know what is.   Gold is hammered again with the trade at $1,409.40 after reaching a low of $1,406.30,  all just happened before this writing as well.   Silver is down with its trade at $22.925 down 46.4 cents with a low of $22.775.   What’s ironic in all this is the open interest in the delivery months.   They keep adding more and more purchases and yet,  the prices keep dropping.   Grains/Softs/Live Stock,  and the Paper Markets are all trading lower with the only exception in all of this is Lean Hogs.   I don’t know about you all,  but I’m tired of listening to the patronizations from Bart Chilton who claims to be on top of the Silver investigation for almost 5 years now.   This fiasco called the markets has destroyed any sense of fairness and only those with the strongest of convictions should play here because the bullies have teamed up and the good guys are not so well organized.   It’s the perfect storm for a Black Swan alright,  all that is needed is the one spark that will unite the good guys,  which in turn will break this controlled system wide open.   I look at my trading board and all I see is negative numbers with only the US Dollar and the Pigs trading higher.   If that isn’t the perfect sign of indulgence at the bankers level I sure don’t know a better painted picture.   Keep your metals close and as always, …. Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

The US dollar’s action over night is the usual with London doing its best to support the over printed fiat by pushing it up as far as they can before we wake to start our day,  the trade stands at 83.440 up 7.5 points after it touched 83.480,  a pathetic move 1 day after the emergency Bankrupt7 meeting was adjourned.   Treasuries are catching some support as well after the drop broke thru some support lines,  they need more support in order to keep things in the Stepford Wives status quos.  Energy Sector doesn’t really do much after these volatile movements up and down with Crude Oil now trading at $94.82 down only 35 cents giving no real direction for the rest of the sector.   Gold is down $7.10 with the trade at $1,427.30 after trading as high as $1,444.90 at the same time Open Interest in the deliverable month (May) has jumped from 100+ to now 895 within a few days.   It seems someone found out that you don’t have to wait for those “deliverable months” and is pushing for delivery while they can get it.   This is an Ol’ Fort Wealth trick we did by simply demanding the delivery with the shortest amount of waiting.   Silver is down as well with the trade at $23.380 down 30.6 cents after being beaten down to $23.295  just a bit earlier in the morning.   Silver’s deliveries in May are still strong at 617,  there have been no additional trades added overnight.   Grains are mostly trading in the positive with Bean Oil the only exception,  Softs are mostly lower with Coffee the antipodal one.  The Live Stock Sector is all over the place with no direction to offer at present.   Our Paper Markets are trading lower across the board as we wait for the precious metals battle to turn towards the buyers side.   It won’t be long now,  it is our opinion that this emergency Bankrupt7 meeting over the weekend was to discuss how much longer the metals can be controlled before the banks have no reserves left.   Keep up the buying of physicals and save yourself from the pending collapse of the Bankrupt7 fiat currency mistake.  As always …  Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

US Dollar is down 2.1 points with the trade at 83.210 after the G7 had an emergency meeting in which they claim to continue printing without abandonment,  remember when we use to have a debt ceiling?   Treasuries have recovered a bit from the slide it took last night and there’s some repair work needed to be done chart wise.   Energy Sector continues to stay flat within a range of play with Crude Oil leading the flatness with its trade at $95.24.   Friday seemed to be a type of attempt to knock everything lower with Crude Oil dropping almost $2 at one time then recovered most of the dip that day.   Gold was trading higher when the Asian markets opened,  and as usual,  it gets knocked down during the London session with the trade now down $3.30 at $1,433.30 after getting as low as $1,424.70,  Silver is no different when it comes to the London Disease of knocking down the metal prices but its recovery has put it up 3 cents at $23.680 after dipping to $23.470.   Grains are mostly higher with Oats the only exception,  Softs are mixed with Coffee/Cotton  trading lower,  Cocoa/Sugar are trading higher and the Chicago Live Stock Sector opens at 9:10 CST leaving the Paper Markets to report on with their trades moving lower at the present.   The G7 meeting was adjourned with no changes to the madness that keeps stale and Zombie Banks alive while it steals from those that prepared for the thefts caused by over printing of money.   Will there be a Black Swan event that will force the masses to wake?  Only time will tell,  but in the meantime,  keep your metals close and as always … Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

US Dollar got one heck of a jump in value in the late trade yesterday with the dollar being jammed up 90 points.   It has added more value in the overnight as well with the trade now at 83.095 up 22 points with a high of 83.190.  Don’t laugh too hard,  what goes up comes down,  and the way we all understand things,  this rally is only a magicians trick that has no real substance.   Treasuries are all trading lower after they broke thru the topside in a “Bull Trap” which didn’t last at all.   Treasuries are something to keep an eye on here.   The BRIC nations are not too far away from getting their bank opened up and the dumping of US debt could be in order here.   Energy Sector is still stuck in a sideways move with Crude Oil sitting at $95.46,  down 96 cents from the close as there is more to the media shutdown about Israel’s preemptive justifications on Syria.   Gold got hammered in the overnight,  even with all the physical demand and people being forced to wait for their purchases,  Gold is trading at $1,435.70 down $33.30 after reaching a low of $1,430.80.   Silver is down as well with the trade at $23.395 down 51.6 cents and a low of $23.30.  The oddity in all of this is the climbing Open Interest in May Silver’s deliveries.   No one is allowed to trade in the spot month unless their intentions are to sell or buy real physical products.   Yesterday’s OI was 904,  this morning,  someone bought or added another 43 contracts of Silver for immediate delivery which adds another 215,000 ounces to the pile of demand totaling 4,735,000 ounces waiting for receipts.   The warehouses have till May 29th to meet this delivery.   Back when Fort Wealth was in the delivery mode (Gold at $700, Silver at $8) we use to get the delivery notices within 3 days of our purchases.   We watched as COMEX found ways to delay every delivery till the last trading day of every month.   The way things are going the end of deliveries will turn out to be something to see.   Grains are mixed with Soy Beans/Soy Meal/Oats/Rice trading higher,  Wheat/Corn lower,  Softs are mixed as well with Coffee/Cotton/Cocoa moving lower,  Sugar and the back months on Coffee are trading higher.   Live Stock Sector is all in the negative and the Paper Markets are still doing the “Stepford Wives” happy face for all those people that still believe things are normal.   We close out the week with an assurance that the deliveries will overcome the paper certificates in time.   I truly believe Mr. Nassim Nicholas Taleb mathematical approach to Black Swan Events is something that will manifest in time.   Mr. Armstrong’s approach has a major hole in it because he only uses Western history for his approach and completely ignores China and its history which stretches way back before the Son of God and the Egyptians.   China is the creator of paper money and they’ve gone thru many trials and tribulations regarding it.   Yet we’ll send a Treasury Secretary over there to tell them how to run their economy,  that’s funny!   If you don’t own any precious metals at all,  here is your chance to buy at an incredibly low price.   Enjoy your weekend and as always ….. Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….

US Dollar finally gets the support it needs during the night session with the trade up 6.4 points at 82.015 and as usual,  close to its high so far this morning.   Treasuries have consolidated for the past week and today the 10 and 30 year have broke thru the upper part of the formation suggesting the “Buyers of Last Resort” are going in to support the dying paradigm of uncontrollable debt.   Energy Sector is still giving no direction with Crude Oil down 76 cents at $95.86 as we all witness the complete blackout on the Israeli attacks on Syria from the useless American New Services.   Gold is down $5.50 with the trade at $1,468.20,  $1 away from its newly created low and almost $9 off its late night high.   Silver is higher with its trade at $24.010,  up 8.3 cents with its late night high of $24.170.   Open Interest did gain about a 1,000 contracts since yesterday.   Grains are mixed with Oats,  Soy Beans and its byproducts trading higher,  Wheat/Corn/Rice are trading lower.   Softs are all trading in the negative and our Paper Markets are down in this early morning.   We find it very curious that Russia’s president gave a very stern warning to the Israeli prime minister,  while he was in China,  that the attacks on Syria will no longer be an acceptable approach.   We must be so screwed up that the former communist country is trying to stop another war,  which used to be something we,  as a nation did in the past.   This is no longer the country my father was raised in that’s for certain,  it’s something completely different.   Putin may not need to threaten with armed retaliation,  especially since the western nations started using instruments of finance as weapons.   What if he (Putin) decided to rock the entire financial system by dumping G7 debt instruments?   It’s very hard to grasp the situation because we don’t have any real news reporters anymore that can give us any concrete data.   All we get is an actor that uses a teleprompter and they call it investigative reporting.   It’s no different than our regulators that try and save us from the evils of Bitcoin trading but ignore the 5 year long Silver manipulation investigation with all its obviousness that stole billions of dollars from investors.   Is it possible that the BRIC nations are ready to open their bank up?   We shall see,  but in the meantime,  keep your metals close and as always … Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com

Don’t risk what you cannot afford to lose….