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US$ gets another day of reprieve with the support only coming from Europe with the trade at 82.655 21.6 points higher than the close of yesterday, Treasuries are flat to lower across the board with little reason to hold any type instruments these days with banks and Governments losing their fundamental trust values. Energy Sector is neutral with Crude Oil trading slightly higher at $93.39 up 4 cents with the rest of the sector taking its que from the dollar and lack of summer driving. Gold is down $1.60 with the trade at $1,612.30 after reaching as high as $1,618.00, Silver is down 19 cents trading at $27.885 after closing above the double zero mark again. Softs are flat with Coffee/Cotton/Cocoa trading lower Sugar/Orange Juice higher, Livestock are mixed as well with Live Cattle/Lean Hogs trading higher, Feeders lower. Paper Markets are showing their weakness across the board waiting for more intervention from the creators of debt. With all the conspiracies now becoming facts by exposure, the time is now for the precious metals to make significant moves upward no matter how many sinks are thrown at the price ….. 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….
2012-08-10 00:20:10