Dollar higher Silver and Gold lower

US$ found reasons of support with the trade at 79.445 up 38.8 points  after a high was reached at 77.640, Treasuries are stagnant with Eurodollars flat and the further contracts slightly supported.   Crude is down $1.01 trading at $96.83 leading the cracks lower.   Gold is down $20.20 from the Comex close trading at $1,720.30 with a low of $1,716.30, Silver is down 23.9 cents trading at $33.50 after hitting a low of $33.220 guiding all metals lower as well.   All Grains are higher, Softs are mixed, Meats are closed till Chicago’s opening, Paper Markets are lower as we start another week in Commodity trading … 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 and Silver lower into Unemployment Rpt – again!

US$ remains at a lofty price of 79.040 down 5.5 points after reaching a low of 78.915, Treasuries seemed to have gone back to normal mode but still the March and June Eurodollar are at parody to each other, this is not normal and I have never seen this before, the long term Treasuries are being bought up at present.   Petro Products continue to confound with Crude down 33 cents at $96.03 with the byproducts trading higher.   Gold is down $2.80 trading at $1,756.50 at its low of $1,756.30, Silver is down 37.5 cents trading at $33.80 5 cents off its low, Copper is higher as the base metals play around in mixed trade.   All Grains are higher, Softs are mostly higher, Meats are mixed as well, Paper Markets are trading higher as we close out the first week of Feb …. 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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Dollar’s dead cat bounce, Gold’s slight correction

US$ has recovered about 23 points and is trading at 79.285 after breaking below 79.00 to 78.840, the top is 79.315, Treasuries still have buyers (guess who?) in all years posting these small daily gains trying to hide QE3 from as many as possible.   Today Crude is the plague and is trading lower by $1.10 with the trade at $96.51 leading all energy prices lower. Gold is correcting as well with the April contract down $4.50 trading at $1,745.00 close to its low of $1,744.30, Silver is following with a slight correction as well down 28.7 cents at $33.520 close to its bottom of $33.455 guiding all base metals into their corrections.   Grains are lower, Softs/Meats are mixed and our Paper markets are trading at their lows as well.   Jobless Claims come out today and the Unemployment numbers come out tomorrow, this is the usual point when the Precious Metals are forced down regardless of the reality.   Learn these additional forms of “Technimentals” (my word), it’ll improve your standings in 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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Precious Metals on the move again as the dollar drops

US$ is down 50.2 points with the trade at 78.910 close to its low of 78.830, money creation seems to be being used to buy up our Treasury instruments as the short term continues to rally with the longer termed being dragged with it.   Petro Products are the play toys for the pump and dump strategies of the algorithm traders with Crude now higher 62 cents trading at $99.10 driving the entire complex up.   Gold is up $12 and trading at $1,752.40 close to its high of $1,754.00, Silver is strong as well with the trade at $33.88 after hitting a high of $33.975 with all other metals following.   Grains are mostly higher with Rice the exception, Softs are mostly lower with Cocoa and Sugar trading higher, Meats are higher with Feeders its exception.   Paper Markets are higher as well because of the creation of new digits by the federal reserve’s only ability .. the printing press. Looks like Blythe Masters is leaving JP Morgan for the next level of rule making called the ISDA where the 5 banks that have created (and still holding) most of the worlds leveraged debt get to re-label what the word “default” means …. let’s see how long they can keep things rolling before we all realize how much debt created money isn’t worth the sweat and blood of our labors … 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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January closes with Metals trading higher

US$ has started back down away from its lofty heights above 80 and is now down 34.2 points with the trade at 78.960 with a bottom so far at 78.855, Treasuries continue to confound everyone with the Eurodollar continuing to climb ever so slowly higher and higher while the longer termed bonds show weakness.   Crude Oil is once again above the $100 mark with the March contract at $100.25 after reaching a high of $100.69. Gold is up as well with the trade at $1,742.90, up $8.50 with a high so far at $1,747.90, Silver is still not as strong as it should be, the trade stands at $33.620 up 9.3 cents after a high of $33.940 was reached during British trade causing all metals to climb.   All Grains/Softs/Meats and Paper Markets are responding to the weak dollar by moving higher as well as we close out the 1st month of the year. Jim Sinclair has posted a radio interview that is a must listen to http://www.jsmineset.com/ .   Things are about to get real nasty and those that are ready might just find themselves with a fatter account … 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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End of the month Metals attack

US$ is rallying because of events across the pond, not because we solved our debt problems here, US$ trade stands at 79.430 up 42.1 points with the high 79.445, Treasuries have reached a plateau in the short term as well as the long term which are being slightly supported.   Energy Products are scattered price wise with Crude down by 66 cents with the trade at $98.90 but the crack products mixed.   Gold is down $11.10 with the trade at $1,724.30 (April) close to its low of $1,718.80, Silver is down 58 cents trading at $33.210 after hitting a low of $33.035 driving all metals lower as we have one more trading day to go to finish off the month.   Grains are all trading lower, Softs are mixed and the Meats Market closed. Paper Markets are trading lower as well. 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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January deliveries for Silver and Gold end today

US$ continues its slide towards its ultimate low and is down 24.3 points trading at 79.274 close to its low of 79.235, Treasuries are showing weakness across the board as foreign buyers start to understand that currency production is at a peak and only weakens what everyone else is holding retirement wise (in purchasing power).   Petro Products continue to scold buyers or sellers because of its volatility, Crude is now up 54 cents and trading at $100.24 a barrel.   Gold is presently down $2.70 with the trade at $1,724.00 after reaching a low of $1,714.20, Silver is down as well trading at $33.530 down 53 cents after hitting a low of $33.240 much earlier in the night leaving all metals mixed.   Grains and Softs are mixed the Meats are all trading higher, Paper Markets continue their nose-bleeding climb to heights that are truly unsustainable.   One of the ultimate questions is when will they let it go?   Regardless of the answer Silver and Gold have remained the go to investment that offsets the shenanigans the central bank system created.   Today is the last trading day for January Gold/Silver deliveries, what we’ve seen over the past decade was normally a major pullback on FOMC, options expiration, and final delivery days, one could almost set their clocks to this errr .. action… all except for this past week. As Jim Sinclair stated earlier in the week, this year will be the year everyone awakens to the facts and go for the Gold … have a great 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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Gold and Silver continue to rally as they overprint US$

US$ continues its slide lower  trading at 79.410 with a low so far at 79.235, Treasuries are being bought up across all years in a ridiculous attempt to calm the masses, still they don’t get it, it’s a debt problem not liquidity issue.   Petro Products are higher as Crude busts thru the $100 mark and is trading at $100.57 with a higher of $100.82. Gold continues its magnificent rally and is up another $16.40 trading at $1,716.50 with a high so far at $1,720.50, Silver is doing wonders as well with its trade at $33.365 after touching $33.595 guiding all metals sharply higher as well on the Feb options expiration day.   All Grains/Softs/Meats are in rally mode proving the effects of over printing a currency till it’s worthless which in effect makes all foods and energy products more expensive. The Paper Markets continue to confound as it continues its climb leaving the effect that everything is fine to the sheeples of the world … the only question now is when the “wake-up” event will occur that will make everyone focus on real money … Silver and Gold …. 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 usual State of the Union and Gold gets hit

US$ is rallied yesterday and today because of the old rule, if the President, Treasury Sec, or the Fed Chairman speak, the dollar has to trade higher.   This rule is not in writing, it’s what is noticed after almost 20 years watching, US$ trade stands at 80.475 up 44.9 points and close to the high of 80.505, Treasuries across all years as well are being supported because of the same rule (trading higher).   Petro Products are hovering just below the $100 mark with March Crude at $98.05 a barrel.   Gold, as mentioned, is down $25.10 with the trade at $1,653.0 it’s absolute low of the day (so far), Silver is down 30 cents trading at $31.665 with its low at $30.590, base metals are lower as well.   Grains/Meats are mixed in the early morning trade and the Meats are stronger, Paper markets are confused after hearing the President say that trade embargoes are going to happen, not in exact wording but close enough to watch the investment cycle.   Next we get to listen to the bearded wonder called Bernanke, maybe he’ll confirm what Obama said when he mentioned last night “No More Bailouts” …. my guess is it’s a bigger heads up than anything else that a major is going down, something they’ll claim came out of the blue …. 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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US Dollar struggles to stay at 80.00

US$ is being supported at 80.07 up 13.6 points as we start the FOMC watch to see if Bernanke is going to give his friends more digits to fight a trend that will lead the dollar to collapse, the low so far is 79.785.    Treasuries are being supported thru ought the entire complex as well, can’t have any weakness while this meeting is going on.   Petro Products are neutral with Crude down 34 cents and trading at $99.23 a barrel.   Gold is trading close to its low of $1,664.60 and is trading at $1,666.60 down $11.70, Silver is down as well trading at $31.980 down 29.5 cents close to its low of $31.855, all base metals are weaker as well.   All Grains are weaker, Softs are mixed and the Meats are stronger.   Paper Markets are showing no support at present as well roll into another trading day. 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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