US$’s support is still here with the dollar only down 5.2 points with the trade at 82.610 close to its high of 82.655,
Treasuries are now all trading in the negative from Eurodollars up to the 30 year Bonds. Energy Sector is mixed with Crude Oil down 6 cents at $78.15 and its byproducts higher. Gold is down $4.70 with the trade at $1,583.70 close to its low of $1,582.00, Silver is down as well on July options expiration day down 23.5 cents at $27.285 its low is only down ½ penny and still our illustrious group of crime-fighters can’t see the correlations during the options expiration and the constant negative beating that occur in only the precious metals, what a group! Grains are mixed with Soy Beans and its products negative, Wheat/Corn/Oats/Rice are all flat to higher, Softs are mostly higher with Cotton the exception, Meats are mixed with Reds higher Pork lower. Paper Markets are up slightly from yesterday’s brutal hit lower a few days after Moody’s reduced 15 banks asset values. We close out Metal options today and this Friday will be the last day of the fiscal quarter (June), it’s from this point forward we expect the precious metals to drift higher and go into acceleration mode towards the end of the presidential election period. 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….