US$ has the support of overseas once again pushing the dollar up to 80.245 after reaching 80.345, Treasuries are supported as well after word came out that the short term bond traders were not allowed a certain group of unbelievable issues and walked off the CME floor in protest. As things get more and more controlled by the enemies of openness and free trade, we should expect more one sided thinking till the collapse gets completely out of control, some of these people need to bet kept in a four by ten iron cage to make me feel better. Energy sector is flat with Crude Oil down 33 cents with its trade at $102.50 keeping things steady till more data comes out. Gold has been forced down since the opening Sunday night with the current trade at $1,648.10 down $12.10 after a hit down to $1,642.0, Silver has had strength but is pressured because of Gold’s beating with its current trade up 2 cents at $31.410, in fact Silver is the only metal trading higher at present. All Grains/Softs are trading lower against the dollar, Meats are closed and our Paper Markets are getting its support from the overseas buyers as we wake up to another strange day in the world of “While Rome burns” financing …. Regardless of all the crap being fed into the system, Gold/Silver are the only things worth investing till truth and sound legal stance can be obtained again ….. 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….