Trying to keep the Golden spirit down

US$ is trading at 79.010 up .01 of a point after reaching a high of 79.335,  the low so far is 78.925,  Treasuries have support in the Notes/Bonds arena but the shortest terms are weaker because of the promised roll-overs of debt into the longer contracts, pushing debt collection further down the road.   Energy Products are still range bound with Crude Oil stuck at $104.58 down 36 cents from yesterday’s COMEX close.  Gold is down $6.40 with the trade at $1,654.20 after going higher by 1% yesterday before the brakes where applied,  the low is $1,654.10.   Silver is down as well with the trade at $31.03 down 17.7 cents with a low at $30.885,  all other metals are higher helping to expose the obvious for all to see. Like Bart Chilton said recently, there is a single entity short over 30% of the Silver Market, and that’s not manipulation, what a frickin’ joke!!   Grains are higher,  Softs mixed,  Meats are all trading in the red.   Paper Markets still have support and are trading higher in the earliest morning report.   Have a safe weekend and as always … 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….

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