Gold wants to bolt upward but is still being held back

US$ seems to have been frozen in time with the trade at 83.205 down 1.3 points close to its high if 83.285,  Treasuries are reversed with Eurodollars/Notes/Bonds are trading lower but marginal at best.   Energy Sector is trading higher across the board with Crude Oil at $88.87 guiding the rest of the sector on a slow steady rise after the tensions in the middle east took a man’s life.   Gold is up 80 cents with its trade at $1,592.40 right in the middle of its high and low,  Silver is up 2.4 cents with the trade at $27.345 – 10 cents from its low with the base metals following suite.   Grains are mostly lower with the Soy bean sector lower,  Softs are mostly lower with Cocoa the only one trading higher,  Meats are all trading in the negative.   Paper Markets are still showing that European support with no real fundamental support except the media is painting a better pictured shit house than they have for Europe …. Fort Wealth is close to re-opening under another clearing firm.   We have way too many people depending on us with our 20 hour brokerage service and in depth knowledge within the entire commodity sector that only 20 years of time can produce.   We thank you from the bottom of our hearts for the strength you give us to not let the beast win in any arena ….. like you… we 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….

This entry was posted in Trading Notes. Bookmark the permalink.

Comments are closed.