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Sept 11th – Gold continues to Rally with Silver close behind
US$ is down 15.8 points taking back all that was given yesterday with the trade at 80.185 up from its bottom of 80.095, Treasuries still have the support from the overseas markets which is not allowed to fall like most have expected since 2008. Energy Sector has turned as well with Crude Oil up 11 cents with the trade stuck at $96.66 a barrel with the rest of the sector in positive mode as well. Gold is up $2.70 with the trade at $1,734.50 off from its high of $1,736.90, Silver is down a smidgen with the trade at $33.625 down 4/5 of a penny after being up to $32.750, Copper continues its rally as well with Platinum/Palladium trading lower at present. Grains are mixed with Corn/Soy Beans/Bean Meal trading higher, Bean Oil Lower and Oats flat to lower. Livestock Sector are mixed too with Live/Feeder Cattle higher Lean Hogs are trading lower. Softs are mixed as well with Cocoa/OJ in the negative, Coffee/Sugar flat to higher. Today is Sept 11th, a remembrance forced upon us because of a few whacked out Saudis who somehow found out thru their sources that a military exercise was to happen around the world trade center in New York. Of course this event changed everyone’s life globally and it’s still not getting any better. Building 7, which was not hit by an airplane full of fuel collapsed into itself taking the Gold/Silver/US Dollar exchange with it along with an investigative group ready to close in on a fixation (alleged), along with Rumsfeld’s admitting several Billion dollars was missing out of the Pentagon’s budget the day before. This day should not be called Patriot Day like my calendar says because the “Patriot Act” was implemented by an entire Senate that never read the bill, and all this bill ever really did was intrude even deeper into the private lives of all Americans here and abroad and increase the governments manpower. Yes, this day should be remembered but not by celebrating a procreated bill that removed the rights of all Americans. So many unanswered questions yet all seem to lead to the collapse of the G8 currency which is underway now. Remember Silver and Gold markets are the only markets that have never come back to the full trading hours prior the this day. Somehow the removal of 1 hour of trading in the Comex pleased the powers at the time to a point where very few remember this shortening on trade time in the USA ….. Remember Sept 11th, and as always …. Stay Vigilant and 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….
2012-09-11 08:52:31
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