US$ continues to amaze us all when the politics of money are measured by numbers, US$ is trading at 83.395 down 16.6 points when it should be in to very low 70’s simply based on our economic conditions, Treasuries seem to be taking a rest after all that holiday buying last week showing little sign of direction unless one adds the fundamentals to the mix. Energy Sector is up today with Crude Oil at $84.79 up 34 cents a barrel guiding the rest of the sector higher. Gold is up $5 with the trade at $1,583.90 after dipping as low as $1,576.0, Silver is up as well with the trade at $27.225 up 30.5 cents after getting as low as $26.870 with Copper, Platinum, and Palladium all following suite at present. All Grains continue to climb the wall of worry as the heat increases along the Grain Belt eventually forcing food prices sharply higher at the stores level. Softs are mostly higher with Coffee the only exception, Meats are closed till Chicago opens and our Paper Markets continue its slide into reality. Reality has a tendency to crash many parties, this will eventually hit the currency sector with a crushing wave because of the shenanigans played since before the turn of the century, the delay has given more people the chance to prepare and to get one’s assets in order … Got Physical Gold yet?! … Stay Strong!!
Fort Wealth Trading Co LLC.
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