Great and Wonderful Monday Morning Folks,
It’s apparent, that the powers that be are not done telling us how worthless precious metals are, with Gold down $15.00 with the April trade at $1,683.50 right by the low of London at $1,681.40 with the high to beat at $1,712. Silver is following, at least the paper contracts are, with the trade at $25.165, down 12.2 cents with the low right here at $25.115. The US Dollar is trading higher, with the Index calculated at 92.32, gaining 33 points with the high right there at 92.335 with the low down at 91.865. Of course, all this happened before the Comex open, the London close, and after the government bails itself out again with more unearned money, in order to tell us how wonderful things really are.
In Venezuela, Gold is now priced at 16,813.96 Bolivar, showing another 91.88 pull from Friday with Silver’s last trade at 251.39, a reduction of 1.79 Bolivar. Argentina now has Gold pegged at 152,013.34 showing another 831.44 A-Peso pull with Silver losing 15.92 with its’ last trade at 2,272.96 A-Peso’s. The Turkish Lira is playing the odd duck with Gold gaining 278.07 with the last quote at 12,946.87 Lira with Silver
gaining back all of Friday’s pull (3.91) with the last trade at 193.68 T-Lira.
March Silver’s Delivery Demands now has a total of 1,759 fully paid for 5,000-ounce contracts waiting for receipts with a Volume of 33 already up on the board and a trading range between $25.71 and $25.215 with the last buy at $25.24, down 1.7 cents so far today, while the future months tell us; Paper Good, Silver Bad. Friday’s full day of delivery trade happened in between $25.37 and $24.905 with the closing price at $25.257, a loss of 17.7 cents that had a total of 339 contracts trading hands that helped reduce the demands by 420 contracts that at the very least, got receipts, maybe. Silver’s Overall Open Interest lost another 282 contracts leaving a total of 154,990 contracts to trade against the physicals we’re told are in Comex warehouses. Could it be all of the activity is in the warehouse receipts? We think it’s probable.
March Gold’s Delivery Demands now total 919 fully paid for 100-ounce contracts waiting for receipts and a Volume of 271 already up on the board with a trading range between $1,705.40 and $1,695.40 with the last buy at $1,696.60, down $1.40 while all that newly printed paper still pushes the futures prices lower, in Paper Good, Gold Bad fashion. Friday’s full day of delivery trades happened in between $1,701 and $1,685 with the last swap at $1,698, down $2.20 that had a total of 302 contracts swapping hands which only reduced the demands by 80 contracts. Gold’s Overall Open Interest shows a gain of 4,005 additional paper contracts giving us an early morning total of 470,358 Overnighters willing to trade against the physicals.
A federal judge has reinstated a Michigan County voter fraud case after the county clerk (without proper authority) dismissed it … Judge Kevin Elsenheimer issued two separate orders to immediately reinstate the Antrim County election fraud case, ruling the clerk’s non-service dismissal was improper.
2 weeks ago, a Federal Arizona Judge ruled that Maricopa County must provide the 2020 ballots to the Arizona Senate for a forensic audit under multiple subpoenas. Then this last Saturday, a two-barn fire happened at a chicken ranch that one of the Maricopa County Board of Supervisors just so happens to own. What does that have to do with the court ruling? Well, before being told when and where to deliver the ballots, at least one of the Maricopa County Board of Supervisors, is accused in this article, of having the ballots loaded onto a truck. Ironically or not, that very same truck, found its way to that chicken ranch, just before that fire.
With the most voted for president ever in office, one would think there would be no problem confirming the ballots, yet here we are, months later still wondering how the Supreme Court can claim all these accusations are of no concern. With so much law and order in place, one can understand why the Treasuries continue to trek lower, causing rates to rise, as well as the S&P and the rest of the papers that represent US Market investments, stays red.
We’ll continue to encourage the purchases of physical precious metals no matter who you are, while the money is made, and is passed out freely. If I get this Biden money, it’s going right into Silver, that is if I get it, since I’m a deplorable, degenerate, and now labeled a neanderthal for not wearing a mask. Enjoy your day and find a smile no matter what. As always …
Stand Your Ground!
More J.Johnson content is available with purchase of a JSMineset subscription.