The Currency’s and the Precious Metals are the Crisis!
March 26, 2019
Great and Wonderful Tuesday Morning Folks,
Today Gold is being attacked because it is the barometer of the world’s economy and the money printing cartel is yelling loudly that all is well with the trade now at $1,312.50, down $10.10 and at the low of $1,312.10 with the high at $1,323. Silver is following along with its trade at $15.43, down 13.7 cents and as usual, right beside that London Bop low at $15.42 with the high at $15.56. Today London has another solution excuse, and May be only good for a day, with the US Dollar trading flat to lower with the value now pegged at 96.025. It too is trading down 4.3 points with the high at 96.115 and the low at 95.94. All this was done way before 5 am pst and the Comex Nap Time Open. In Venezuela, Gold is now pegged at 13,108.59 an ounce, losing almost all of yesterday’s gains by dropping 48.94 Bolivar with Silver losing .999 Bolivar (again a perfect measure) overnight helping to prove the point that the currency markets and the precious metals are the crisis.
March Silver’s Delivery Cycle is just about over with the total count still stuck at 44 Demands for Physical and with a Volume of 1 up on the board so far this morning, proving a drop of 1 with an actual count of 2 being posted yesterday before the close. Silver’s Overall Open Interest continues to expose the over-leveraging that apparently must be “secretly” legal since it’s always ignored by the regulators with the count now at 193,504 Overnighters, gaining 2,589 more shorts over Friday and Monday to stay the price from the buyers as we wait for more news from the Morgue Report the DOJ investigators have found in the international precious metals manipulations scheme.