Deep pockets and strong buyers in on Gold and Silver

US$ is lethargic with the trade at 81.545,  up .05 points after being pushed up to 81.930 in the earlier part of the night,  Treasuries are still in the support mode with Notes and Bonds higher,  the Eurodollar flat to lower.   Energy Sector is looking to reverse as well with Crude starting the climb to higher pricing at $93.19 up 25 cents a barrel being lead by Natural Gas which is trading at 2.735 up 62 points.
Gold had one heck of a strong rally yesterday climbing almost 3%,  today we’re adding another $16 to the trade at $1,590.90 with a high so far at $1,594.20 leading Silver up 41 cents to $28.430 in what appears to be major buyers stepping into a way oversold metals sector.   Grains/Softs are evenly mixed with the Meats all trading higher.   Paper Markets are showing minor overseas support as we close out our week with a positive close in Metals …. 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….

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Are entities starting to dump Treasuries for Gold??

US$ continues getting its support from Europe as we see a 81.800 handle on the over printed currency,  close to its high of 81.830,  Treasuries seem to be on fire these days as if someone is dumping them across the board but with another buying up as much as they can,  hmmmm,  the fan seems to be making some noises and its rather smelly in the CME pit.  Has anyone ever thought it odd that the only market trading at a super extreme has no volatility at all?   The Energy sector doesn’t have much change in price and might have found a bottom with Crude Oil only down 14 cents with the trade at $93.04 (the low of the day so far).   Gold is up,  wait let me check again,  yes,  it’s higher by $11.50 with a $1,548.10 with a bottom of $1,538.40,  Silver made it thru the night higher as well with the July contract trading at $27.44 up 24.4 cents,  these prices started in the Asian markets and passed thru Britain and Europe’s trades with being molested (yet?),  the other metals are trading higher as well but Copper is flat.   Grains are mostly higher with Corn the exception,  Softs are evenly mixed,  Meats are mixed with the Red Meats higher Pork Lower.   Paper Markets look like the support has waned as all three are lower as we start our Thursday morning trades …… 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….

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Continuing to play the broken record

US$ continues to climb because of the breaking apart of the European Union (that never had a declaration),  with current US$ price is 81.510 up 13 points after being shoved up to 81.745,  Treasuries are showing support but is still showing a seller of size.   Energy markets continue to collapse as well with Crude Oil leading the fall at $93.09 a barrel pushing everything lower which means by summer we might have tolerable prices at the pumps.   Gold continues its fall as we see June’s price of $1,537.30 hit the monitor,  down $19.80,  Silver is falling faster with a price now at $27.400 down 68 cents in what seems to be a giant liquidation of a major player in the commodities market.   Grains are mostly lower with Oats flat,  Softs are mostly lower with only Coffee trading higher,  Meats are mixed with the Reds higher and the Pork lower.   Paper Markets are all trading higher as we continue to hear the skip and repeat of the same ol’ broken record waiting for a bottom and some common sense to re-enter the markets ….. 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….

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Gold finally trades in the Green

US$ seems to have flat lined as we wake,  the trade on this early Tuesday morning has the dollar down 2.8 points at 80.720 after reaching as high a 80.895,  Treasuries have reversed as we see the Short term trades getting support with Notes and Bonds trading weaker.   Energy Sector seems to have flat lined as well with Crude Oil trading at $95.08 a barrel with the byproducts trading higher.   Gold is actually up $1 with the trade at $1,562.00 close to its high of $1,563.10,  Silver is only up 5.7 cents at $28.413 close to its high as well at $28.415,  Copper is still getting some trading pressure but could change in a heartbeat if this day winds up being the bottom in metals.   Grains are trading higher with Oats down ½ penny,  Softs are mostly higher as well with Cocoa the only exception,  all Meats are in the Green as well as all the Paper Markets.   A friend of mine brought up the subject of “anticipatory repudiation” in regards to the CDS created by the entire Central Banking system that has encircled all of Europe into an uncollectable debt burden (USA is next).   The blow up of the OTC Swaps in Britain will undoubtedly spread throughout the upper crust of the banking system as everyone finds out how fragile and idiotic these swaps really are,  especially when there is truly not enough cash to actually pay off the debt.   How can this type of debt leverage be created when there isn’t that much money?   Leverage without limit is the point,  which is why the Austrian School of Economics needs to be reviewed by the people who will be assigned to clean up this mess after the take down occurs …. Remember, hold your Gold 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….

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“Sell in May and go away” is taking all prices lower

US$ continues to get support from the overseas banking system as we witness the continuing rumors of JP Morgan’s Whale trader losing a claimed $2 billion, more rumors out of Germany are claiming a much larger amount of $20 billion+ have been surfacing as well.   US$’s trade is up 27.1 points at 80.675,  not very impressive at all when compared to the collapsing prices of Silver and Gold.   Treasuries are showing support for the longer term debt instruments with the Eurodollar the only exception.   Petro Products continue to fall as well with Crude Oil down $1.64 with the trade at $94.85 leading the entire sector lower.   Gold is down $20.30 with the trade at $1,563.80 after getting as low as $1,558.80,  Silver got hammered as well with its price down 48 cents at $28.405,  Copper got the worst of it with its price hammered over 720 points lower.   Grains/Softs are all trading lower but nowhere as bad as the Energies/Metals.   Paper Markets seem to be leading all the markets lower using the ‘sell in May and go away” attitude at a time that is truly the scariest I’ve ever been involved with … 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….

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Joke for the generation; “price discovery markets”

US$ continues is overseas support, maybe because that’s all that Europe see’s when it invests, nahhh!   Who are we kidding here,  there’s not a soul with half a brain that knows this system is heading for collapse because of a nonfunctional group of central bankers reached a pinnacle of print and found out they are the only suckers left to sell to.   US$ is trading at 80.39 up 13.3 points after reaching a height of 80.480,  Treasuries continue as well to get European support with Notes/Bonds higher,  Eurodollars lower as our Fed/Treas. group bundle up short term debt into the longer debt for as long as they can.   Energy Products are still dropping price wise with Crude Oil leading the fall at $96.25 a barrel down $1.16 (there is some good news for a more valued dollar),  enjoy while you can.   Gold continues to fall with a current price standing at $1,580.20 down another $15.30 after what seemed to be a bottom showing up during yesterday’s Comex trade.   Silver is down as well with the current spot month price at $28.570 down 60.8 cents after reaching a bottom of $28.475.   Physical sales continue to drain the bank vaults and yet we continue to see these collapsing prices,  did the central banking system truly screw things up to a point where real price discovery can no longer be found in the paper markets?   It’s truly amazing,  it’s also unfortunate,  to say the least.   From this day forward people with cash will be soaking up what’s left of the precious metals before the banker lock down is to occur.   Grains/Softs/Meats/Paper Markets are all trading lower as well during the “Sell in May and Go Away” storyline.   A friendly reminder here;  always have about 2 months worth of cash in the home,  those with cash will make it thru the bankers holiday that will eventually be imposed upon us all when the “big surprise” pops up.   Have a safe and wonderful 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….

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Mental midgets of money against Gold

US$ is still trading at 80.210 down 2.2 points after being pushed as high as 80.340,  Treasuries are showing some liquidation in Notes/Bonds but support is showing up in the short term Eurodollars in the early morning session.  Energy Products are down a bit more with Crude Oil now trading at $96.80 a barrel down 34 cents with the rest of the complex following a shallow drop.   Gold is down $2.70 with the trade at $1,591.50 after a low was reached at $1,585.0,  Silver is now positive at $29.265 up 2.4 cents with Copper up which portends to a possible bottom being reached in our precious metals trades.   It seems the only way the anti-Gold crowd can stay in the game is by doing their HFT in the night sessions and in unison,  without this type of activity (which used to be illegal) Gold would be trading up into the $4,000 range guiding Silver up to the hundreds of $$ range as well,  which would have given the population an understanding that the system is broken.   This level of corrupted trading will end in a very bad way with China ruling all by debt burden,  after all they created paper money and have been a nation for over 6,000 years,  even before the son of God came down.   Grains are all higher in the front months,  Softs are higher as well with Cocoa the only exception,  Meats are mixed with Reds higher,  Pork Lower.   Paper Markets are being supported in the European session as we enter into the early morning of Thursdays trades … 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….

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Why are they afraid of letting Gold go?

US$ continues to climb only in price because of the events in Europe with the trade standing now at 80.140,  the lower part of the sell zone that Jim Sinclair mentioned a few months back during the last quarterly roll-over,  the high is only a point away at 80.150, especially made for us,  Treasuries are still being supported in Notes and Bonds,  but the Eurodollar,  the shortest of terms,  are being dumped in mass.   Energy Sector has released enough pricing to keep the sheeple happy enough for the election process and the future “made for tv” show of mad senators beating up the Petrol CEO’s with Crude Oil trading at $96.86 a barrel which means by Summer gas prices will seem like they’ve gone down a bit.   Gold is still the red headed whipping boy of the monetary elite with Britain’s late night attacks to add to a weaker looking chart (as if charting matters anymore) with the current price at $1,588.50 down $16.00 with a low of $15.81.10,  Silver is doing the same with a price of $28.890 down 56.9 cents pushing all metals lower as well.   All Grains are weaker in price with most of the Softs trading in the same fashion with Coffee the only exception,  Meats are mostly lower as well with Feeders trading higher.   Paper Markets look about as good any other CTD (circling the drain) paper that has the bankers support.   Keep everyone in paper and everyone will be starting at the bottom again with only the deciders of debt payment holding the top positions.   Make no mistake here,  these games that are being played can only last for a short period of time before the final blow occurs.   We’re still holding out for that SWIFT decision to see what the other side of pricing can do to the price of Gold/Silver …. where an unmanipulated price can occur,  regardless of the current game,  the value of paper will never exceed the price of physical possession …. 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….

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Good News Bad News doesn’t matter – they’ll hammer Gold

US$ continues to get support from the overseas bankers,  this time its rumored that Japan is intervening,  US$ stands at 79.825 after reaching a height of 79.950 against all other currencies except the Japanese Yen,  Treasuries have support in Notes/Bonds again but Eurodollars lose is 1½ points.   Petro Products continue to fall with the typical election dribble along with the threat from the governing bodies to investigate the Energy Sector for market manipulation,  just before all the longs are taken out,  now you’ll see no investigation with Crude oil at $97.52 a barrel pushing everything lower.   Gold is being beaten again because of what it is,  a barometer against all things with  financial/political instability,  Gold’s trade stands at $1,628.90 down $10.20 with a low of $1,625.20,  Silver is following the drop as well with its trade at $29.715 down 40.7 cents guiding all metals into compliance.   All Grains are trading higher,  Softs are mixed,  Meats are lower as well as the Paper Markets.   We still expect this uncontrolled system to implode onto itself because there are no markets anymore,  just intervention and high frequency trading.   The stage is set for the new monetary system which will put the US$ into the back seat of the monetary bus,  the seat that no one wants ….. hold Gold/Silver 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….

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The Greatest Transfer of wealth in history …. June 28th?

US$ continues its climb because the bankers of Europe are continuing their protocol,  “no matter what support fiat, and punish Gold”.   US$ is trading at 79.805 after climbing as high as 80.135 with a current low of 79.735,  Treasuries show support in Notes and Bonds,  but the short term has all the pressure (could this be BRICS-Swift preparations?).
Energy Products really fell hard on Friday with some continuance carrying forward today with Crude Oil now trading at 98.290 down 59 cents with Diesel trading lower and reformulated gas higher.   Gold was hit right out of the gate last night as we started to see the European Election results with France,  England,  with Germany about to go thru the same.   All the electorate platforms are rejecting the forced austerity measures imposed upon their people.   Gold has recovered and is now trading at $1,639.00 after reaching a low of $1,634.80,  Silver is OK as well with the trade standing at $30.260 after hitting a low of $29.99 where buying overcame all selling,  Copper and the base metals are recovering as well.   Grains/Softs are mostly lower with the Meats closed,  Paper Markets have recovered as well but are still in harm’s way because the liquidation is still in progress.  June 28th is the day the G8 made a line in the sand using the SWIFT banking system as a weapon of war by claiming anyone doing business with Iran will be punished as well.   It looks like this has backfired in such a way that most of the G8 is now alienated from the rest of the world.   There are not too many demands for Armani Suits, Ferrari’s, and the various other non-essentials (except for foods which the USA makes the most of) these days since all the cash has been distributed to bond holders only.   Indeed the barrel of this SWIFT weapon was jammed and the backfire has blinded the operator,  for the date June 28th might become the day that the BRICS start up their own SWIFT system to transact business without any of the G8 currencies in tow.   Rumors are swirling around that Gold will be part of their system and an agreement to limit print of any one currency to balance out responsibility to each nation involved ….. where it goes from there,  who knows? ….. Stay Long (Gold) and 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….

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