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Gold and Silver continue to rally
US$ still remains the currency that refuses to collapse after our fearless financial leaders continue to over print to the tune of $40 billion+ per month as they also buy up the banks crap mortgage loans with the dollar price at 80.41 up 8/10 of 1 point. Do we still have a Treasury Sector or is that another hide the sausage trick? OK, it’s more like hiding a white elephant in plain sight for now because of the continued purchases the banker friends do against the wishes of the market. Energy Sector is heading higher this morning because of the new war footing against Syria, after all, no one agreed with Israel to attack Iran, Crude Oil is up 71 cents with the trade at $86.64. Gold is up $9.20 with the trade at $1,714.70, close to its high so far of $1,715.10, Silver is up 29 cents with the trade at $33.421 with a high at $33.45 driving the rest of the sector higher as well. Grains are mostly lower with Soybean and its products the exception, Live Stock Sector won’t open till Chicago kicks in, Softs are mostly lower with Cotton its only exception. Paper Markets are moving lower as we start to hear more about the governments newly created “fiscal cliff” (which popped up right after the election) that they themselves created and have solved for us. Doesn’t that make you feel warm and fuzzy that they saved us again? Now we’ll hear that the word “rich” in the “taxing the rich” pitch is really the lie and taxing the middle and lower classes was the original goal in the first place. This is all coming to a head now and we’ll be correct in our 12 year battle, of trying to inform the masses about the real value of saving in physical Silver and Gold and keeping as little debt (US Dollar is a debt instrument) as possible …. Stay Long 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….
2012-12-10 13:20:31
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