J. Johnson’s Latest – Silver Has A Very Nice Set Up Indeed!
November 14, 2019
Great and Wonderful Thursday Morning Folks,
Gold is higher in the early morning with the trade at $1,469.80 up $6.50 with the high at $1,471.20 and the low at $1,461.70. Silver is following with its trade at $17.015, up 10.2 cents after hitting $17.08 with the low at $16.860. The US Dollar, a fiat with a correction that is due in its future, is trading at 98.240 up 1 point inside s super tight trading range between 98.29 and 98.155. All this activity occurred before 5 am pst, the Comex open, and the London close.
In Venezuela, Gold’s price now rests at 14,679.63 Bolivar, proving a gain of 29.96 in the overnight with Silver at 169.94 Bolivar adding another 0.252 to its value. In Argentina, the Peso now has Gold valued at 87,617.20 adding a gain of 156.06 in A-Peso value with Silver now at 1,015.70 Pesos, adding an additional 2.66 gain from yesterday’s price. In Turkey, where the currency is the Lira, and their president is at our White House with our President, their currency now has Gold valued at 8,469.36 showing the nobel metal gained 25.84 Liras with Silver gaining 0.2383 with its price now at 98.04 Lira.
The deliveries of Silver within the cereal month of November are doing an outstanding job of confusing the issues with the Physical Demand count now at 7 and with Zero Volume up on the board so far this morning. This proves a 20-count drop in demand which is supposed to mean a delivery of 100,000 ounces of Silver occurred either here or in London, with real physicals or paper transfers, apparently whichever they want, with as little information available for anyone else not part of their club.