US$ added to the 4th’s climb and is now trading at 82.315 after reaching a height of 82.390, Treasuries are still all in positive mode as well with Eurodollars trading off their highs with Bond/Notes still close to their highs. Energy Sector was trading lower during the holiday session and has reversed with Crude Oil up over $1 a barrel at $88.69 guiding the byproducts as well as Natural Gas into positive territory. Gold is trading at $1,623.90 up $2 with a high so far at $1,624.00, Silver is following Gold’s in your face turn around against the dollar and is up 7.5 cents with the trade at $28.350 with a recent high of $28.380, Copper/Platinum/Palladium are doing a slow catch up in the early morning trade. Grains/Meats are still close, Softs are mixed with Coffee/Sugar/Lumber trading higher, Cotton/Cocoa lower, Paper Markets are continuing their overseas support by adding more the 4th’s climb. Yes, the markets traded during our holiday while your firm takes its break and we carried on with open phone lines. With the “Lie-More” fiasco expanding to multiple national banks it’s a wonder that the entire global debt instruments haven’t taken an immediate beating, but they will in time because the implications should lead to jail time and a demand for claw back by the victims which are legion. This dollar rally has “no clothes” to cover the obvious over-reaching rally, and the cleanest in the dirty clothes baskets is starting to wear thin. The reasons for holding Silver/Gold are becoming more and more understandable everyday, those that come late to the party will be the ones we sell to ….. Stay Strong!!
P.S. as soon as we posted this missive Gold/Silver where hammered and the Dollar was given another 20+, these attacks won’t work anymore and we’re quite certain the anti-metals traders are aware as well …. time is truly on the precious metals side …. Stay Strong!!
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
Don’t risk what you cannot afford to lose….