US$ continues to be supported from overseas banking institutions even on a US holiday with the dollar up 18.8 points at 82.060 after being pushed up to 82.135, Treasuries are all trading higher in a schizoid manor with all instruments of debt being purchased, even after the Barclay’s Diamond accusations against the bank of England controlling interest rates. Energy Products are taking a slight break from now with Crude Oil down 60 cents at $87.04 after one heck of another rally in yesterdays US markets. Gold is down $5.80 at $1,616.0 after going as low as $1,611.60, Silver is down 21.5 cents and trading at $28.065 close to its low of $28.025, Copper and the rest of the metals are resting as well just below yesterday’s close. All Grains/Softs/Meats are closed with no activity in our evening sessions. Paper Markets are trading slightly lower as well as we take a break from all the manipulations being done for the benefit of the few. Let us hope this correction we’re about to go thru is quick, I’d like to see what it’s like again when these bankers black box trading systems, which were created after Glass – Steagal was removed, are outlawed, and real fundamentals and charting are back in play again …. Happy 4th of July …. 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….