Posts Categorized: General Editorial

Posted by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

      Gold started off Sunday night trading a little lower, then turned direction and is now up $6.10 with the April contract at $1,866, recovering from the London low at $1,851 with the high nearby at $1,869.10. Silver is following with its trade up 15.9 cents with the March contracts at $25.715 after dipping down to $25.47 with the high so far at $25.88. The US Dollar index is proving everything is the way the centrals want it, unwavering, with the trade calculated at 90.235, up 2.3 points after dipping down to 90.075 with the high at 90.34. Of course, all this happened before 5 am pst, the Comex open, London close, and after the Washington monument and White House went dark last night, and no one seems to be able to explain why? Probably Trump fault.

      In Venezuela, Gold is now worth 18,636.67 Bolivar, gaining 113.85 since Friday morning with Silver adding 3.2 Bolivar with its last trade at 256.88. Gold’s priced under the Argentine Peso gained 1,065.59 with the last price at 161,376.24 Peso’s with Silver’s last trade at 2,224.41 A-Peso’s proving a gain of 29.18. Even the Turkish Lira is allowing Gold’s price to rise with its last buy at 13,784.58 adding 37.97 Lira’s with Silver’s last swap at 190.00 T-Lira, regaining 1.73.

      January Silver’s Delivery Demands have yet to change count with the waiting list tally stuck at 124 fully paid for 5,000-ounce contracts waiting for receipts, and with Zero Volume, so far this morning. Friday’s trades had a total of 10 in the Volume column but no prices posted, but Comex was kind enough to give us a closing price at $25.524, down 29.8 cents where no trade was made, helping no one but those who don’t have to post a price in order to take bars out of the Comex Warehouse. Since Friday morning, Comex’s Overall Open Interest lost only 35 contracts leaving a total of 169,898 paper contracts to trade against the physicals, that no one can view or confirm.

      January Gold’s Delivery Demands are also unchanged from Friday with the count stuck at 10 and with a Volume of 2 already up on the board and with no price. Friday’s delivery activity had a total of 8 buys with a trading range between $1,855.30 and $1,852.70 with the last buy at the high, and a closing price calculated at $1,855.70, down $9.60, yet higher than any trade, and like we said, no change in the demand count. Is this the new norm? Gold’s Overall Open Interest lost 951 contracts leaving a total of 545,101 contracts to trade against the physicals.

      Keep buying precious metals and stay out of the way. Have a prayer for all and keep that smile on your face, as we wait for the very last bars to leave the warehouses in short supply.

Stay Strong!

Jeremiah Johnson

JeremiahJohnson@cableone.net

More J.Johnson content is available with purchase of a JSMineset subscription.

Posted by & filed under General Editorial.

Great and Wonderful Friday Morning Folks,

      We start the day with a precious metal pullback with Gold down $14.70 with the April contract at $1,854.60, recovering from the London low at $1,848.10 with the high to beat at $1,874.10. Silver is leading the percentages today with the March contract at $25.40, down 45.4 cents, after it too, hit a low in London at $25.195 with the high to beat at $26.045. The international currency of choice, the US Dollar is steady and unwavering, as if nothing will move it, with the trade at 90.17, up 4.3 points inside a tight trading range between 90.05 and 90.275. Of course, all this happened before 5 am pst, the Comex open, London close, and after Biden, made a decree that masks must be worn at all times on federal properties by everyone. Except when celebrating an election, at the Lincoln Memorial, with the white house spokesperson, downplaying the newly elected who violated their own law, as they lead by example.

      In Venezuela, Gold is now trading at 18,522.82 Bolivar, taking back 200.74 from yesterday’s gains with Silver at 253.68, pulling back 5.79 Bolivar. Argentina’s Peso price for Gold is now at 160,310.65, a 1,565.52 pullback with Silver down 48.03 A-Peso’s with the last price at 2,195.23. Gold’s price in Turkey now rests at 13,746.61 Lira, showing a 47.75 pull from yesterday with Silver’s last price at 188.27 T-Lira, losing 2.90.

      January Silver’s Delivery Demands now show 124 contracts waiting for delivery with a Volume of 1 up on the board and no price. Yesterday’s delivery activity was a big fat zero with the exception that 120 fully paid for 5,000-ounce contracts, may have been delivered, with Comex settling the day out at $25.882, a gain of 8.8 cents. Silver’s Overall Open Interest gained another 813 contracts, to add liquidity, bringing the early morning total to 169,933 contracts.

      January Gold’s Delivery Demands now stand at 10 contracts waiting for receipts and with no Volume or Price, so far today. Yesterday’s full day of trade happened in between $1,868 and $1,866.80 with the last buy at the high, up $2.10 with a Comex Close at $1,865.30, a gain of 60 cents, where no trade was made helping to reduce the demand count by 2. Gold’s Overall Open Interest, as of this early morning, lost 3,246 paper contracts that trade against what’s supposed to be in Comex warehouses, bringing the count to 546,052 Overnighters.

     Enjoy the weekend, keep that smile on your face and a prayer for all. As Always …

Stay Strong!

Jeremiah Johnson

JeremiahJohnson@cableone.net

More J.Johnson content is available with purchase of a JSMineset subscription.

Posted by & filed under General Editorial.

Great and Wonderful Tuesday Morning Folks,

      February Gold is up $11 with the last price at $1,840.90 after dipping down to yesterdays low at $1,800.80 with a different high than yesterday at $1,845. March Silver is up 46.9 cents with the trade at $25.335 after it also dipped to yesterday’s low at $24.04 with a higher high than Monday at $25.48. The US Dollar is down 27.9 points at 90.475, after it went up to 90.745 with the low nearby at 90.415. Of course, all this happened before the Comex open, during London’s trading time, and while the paranoid left thinks it needs to vet all military of Trump supporters before the supposed “most popular president ever elected” is sworn in at an inauguration no one can attend.

      In Venezuela, Gold is now priced at 18,385.98 Bolivar gaining 109.86 overnight with Silver at 253.083, increasing its value by 4.394 Bolivar. Argentina’s Peso now has Gold valued at 158,444.12 proving an increase of 1,537.58 overnight with Silver at 2,181.11, a gain of 46.44 A-Peso’s. Gold under the Turkish Lira last traded at 13,704.46 showing a 20.53 pull from yesterday’s quote with Silver adding 1.937 with its last price at 188.70.

      January Silver’s Delivery Demands have yet to change from last Friday’s numbers with the count at 196 fully paid for 5,000-ounce contracts and with the same Volume and prices as yesterday. Silver’s Overall Open Interest didn’t change from yesterday’s number either, leaving 168,919 in Open Interest, even though there was lots of Volume added during Monday’s trades.

      January Gold’s Delivery Demands are still at 353 fully paid for 100-ounce contracts, Friday’s count, this time with 4 trades occurring between $1,842.90 and $1,802 with the last buy, so far today, at the high. Yesterday’s 2 trades posted inside the Comex Deliveries (during London’s time) happened in between $1,834.20 and $1,802 with the last buy at the high. Gold’s Overall Open Interest is also unchanged from yesterday’s activity, even though there was lots of Volume, with the early morning count at 550,682 shorts to trade against the physicals.

      Veritas Video, has a Twitter insider who exposed Dorsey’s removal of almost all of Trump’s administration making the decision that the legally elected should not be heard, because Twitter has international standards, only they can justify. Twitter has also removed 10’s of thousands of others, but still allows Iranian ayatollahs and Chinese propagandists, to still remain active. Some are quite happy with the shutting down of one’s voice! Freedom of Speech just so happens to be the First Amendment, even if one doesn’t want to hear it. If Trumps words were really that bad, the people, that had attended all his rallies, over the last four years, would have left him, like viewers did with CNN, or Rachel Maddow after her “Trumps tax record failure”, or when Fox News did its thing Nov 5th. Even Greg Hunter had a few of his interviews removed by another branch of the Department of Truth (youtube), which included brother Bill Holter’s latest. Who’s next to be found guilty, without a hearing?

      Nancy Pelosi and team even went as far as impeaching Trump a second time. They are so certain he is guilty, they didn’t even allow an investigation to go first, like every single impeachment before Trump. Tomorrow is the day Joey gets sworn in, which has me wondering will those antifa and blm people that were photographed inside the capital building be there too? It’s now being said, the only way more than a thousand people would show up to a Biden inauguration, is to call in the national guard. Enjoy the show, get more Gold, and watch the events at home. As Always …

Stay Strong!

Jeremiah Johnson

JeremiahJohnson@cableone.net

More J.Johnson content is available with purchase of a JSMineset subscription.

Posted by & filed under General Editorial.

Great and Wonderful Friday Morning Folks,

      Gold reached close to, then up to $1,856.60 then was pelted back (both times) with London doing what it always does, slamming the prices before Comex opened with the trade now at $1,847.90, down $3.50 after creating a new low of $1,844.10. Silver’s punch was far more noticeable with the high so far at $25.865, with the “just happened now” low at $25.175, with the “right now price” at $25.295, down 50.7 cents so far this morning. The US Dollar is up 24.5 points, with no fundamental support anywhere, and right by London’s high at 90.49 with the low at 90.195. Of course, all this happened while we slept, before the Comex open, London closes, and after Veritas Video released Jack Dorsey’s “Must Control What He Says” against a single account @RealDonaldJTrump, and the Q movement, with a much broader meaning implied. We have to ask, why is Dorsey telling his employees to block these sites (plus a hell of a lot more) if they are truly fake news? Are not the people who read these, smart enough to make their own decisions like Jack?

      Venezuelans now have an 18,455.90 Bolivar price per ounce of Gold, gaining 44.94 overnight with Silver’s last price at 252.634, showing a 0.20 Bolivar-loss. Argentinians have to cough up another 563.66 Peso’s to get an ounce of Gold with the now price at 158,261.60 with Silver buyers having to do the same, adding 0.77 A-Peso’s with the last price at 2,166.40. Turkey’s price for Gold is also proving a gain with the last trade at 13,702.27, up 89.84 Lira with Silver gaining 0.674 of a T-Lira with the last price for the week at 187.593.

      January Silver’s Delivery Demands now stand at 196 fully paid for contracts waiting for receipts with a Volume of 41 already up on the board and a trading range between $25.47 and $25.43 with the last trade at the high, down 27.6 cents while London’s paper pushes the futures prices lower. Yesterday’s full day of Ice/Comex Delivery trading happened with “no price” as the Resolute buyer came in to purchase 66 contracts via “Comex’s Claimed Spread Trade”, closing the day out at $25.194, a gain of 22.6 cents, helping to reduce the Demand Count by 94 contracts that might have gotten receipts. Silver’s early morning Overall Open Interest has a total of 168,964 contracts trading against the physicals, proving a small reduction of 379 leaving the field of play.

      January Gold’s Delivery Demands now has a total of 330 fully paid for contracts waiting for receipts with a Volume of 25 already up on the board with the “no price” spread entry, again. Yesterday’s full day of trade happened in between $1,850.70 and $1,836.70 with the last buy at the high, proving a loss of $3.30, that had a total of 149 new purchases (Volume), which raised the demand count by 88 contracts. Gold’s Overall Open Interest lost 89 contracts helping to suggest that all of the activity was inside the deliveries with today’s early morning total at 556,631 Overnighters as we wait for that last Comex bar to gain huge value.

      Going back to Twitters-Dorsey and bringing in Facebooks-Zuckerberg; both owners of formerly popular communication platforms, have done everything they could to silence Trump, his followers, and “Q”, for over 4 years. Now Twitter has fully blocked the legally elected president and his administration, to push a narrative blaming Trump for the riots. If you believe CNN, MSNBC, CBS, or FOX, without even listening to Trumps speech that day, you’ve been duped again. No one who watched or reviewed the speech need to prove it, it’s right there for those who are open minded enough to look at the video. Those that refuse, choose to remain blinded. This act of blocking a standing president’s freedom of speech, should bother all of America, that believes in the First Amendment.

      Main Stream Media’s programmed grip on their viewers is overwhelming to say the least. MSM seems to have totally blocked all the videos showing the faces of the rioters, yet the alternatives have all the video’s too, proving those little darlings from Portland, Seattle, Phoenix, and another Trump supporter, who is ironically a registered democrat, that has a NY judge as a father, were at the very front of the attack on the capital. Maybe this is why every single old school fake news service rating’s, have collapsed and the alternatives have skyrocketed, these past few years. Immediately after Twitter removed Team Trump, helping to prove the “Not My President” league, is a real group, they’re revenue streams took a massive hit. This is a direct response to people like Dorsey and Zuckerberg, who cannot allow the Freedom of Speech because it blocks their other agendas!

      More important than these platforms and TV’s attempt to redirect the masses, is the voter frauds, brought forward with thousands of signed affidavits, with hours and hours of video proving the frauds, with video proof of multiple recounting of the same ballots, those raised panels blocking all observers views, with many DNC Fulton County officials, including GOP Gov Kemp and SOS Raffensperger, refusing to attend the hearings that provided this evidence. No one who has watched these hearings, or looked at the videos, the msm refuses to post, have to tell anyone they are wrong. It should be these news services. The same news services that have intentionally blocked everything about the crimes in the markets, like Silver and Gold manipulations by the hands of brokers and those non-brokers of JPMorgan and their friends in international banking. Q has not posted anything since December 8th, and even that post was deleted. Why delete a single song, seriously?

      Enjoy the day, the weekend, and stand down. The media is intentionally hiding things, and pushing other things forward, maybe in order to hide the newly declassified ‘Foot-High’ stack of Russia-gate, Obama-gate documents; set for release within days, that President Trump just signed off on, last night. Look at the Docs yourself or trust your media services to tell you what is real. Afterall, it’s our choice, but the Freedom of Speech is our right! Keep the faith, have a smile on your face, and as always …

Stay Calm!

Jeremiah Johnson

JeremiahJohnson@cableone.net

More J.Johnson content is available with purchase of a JSMineset subscription.

Posted by & filed under General Editorial.

Great and Wonderful Tuesday Morning Folks,

      Precious metals continue to recover, in ever so slow a fashion, with Gold now at $1,858.40, up $7.60 after reaching up to $1,864 and afterwards, down to $1,841. Silver is up 18.6 cents at $25.47 after it reached up to $25.745 then down to $25. The US Dollar is stagnant with the trade up 0.008 at 90.45 after the support was turned on when the value dropped to 90.285 with the high at 90.60. Of course, all this happened before 5 am pst, the Comex open, London close, and after permanently banning Trump, and other conservatives from its platform, Twitter’s stock plummets, apparently someone doesn’t want a president to be heard at all, as his email service was shuddered as well.

      Gold under the Venezuelan Bolivar gained 96.88 overnight with the last buy at 18,560.77 with Silver at 254.382 Bolivar, scratching back 4.645. Argentina’s currency now has Gold’s value pegged at 158,563.39 Peso’s adding back 1,173.77 with Silver doing the same, gaining 43.83 with its last price at 2,172.39 A-Peso’s. Over in Turkey, Gold has almost recovered all of yesterday’s pull with the last buy at 13,905.43 Lira, gaining back 145.49 of the 147.38 pull from yesterday with Silver at 190.600 T-Lira, getting back 4.507 from yesterday’s 10.75 hit.

      January Silver’s Delivery Demands now has a total of 366 fully paid for 5,000-ounce contracts waiting for receipts with a Volume of 7 up on the board and a trading range between $25.335 and $25.105 with the last buy at the high, up 14.6 cents since yesterday’s close. Monday’s delivery activity had a total of 11 contracts with a full day’s trading range between $25.52 and $24.725 with the last purchase at $24.825 a gain of 24.3 cents, with the Calculated Comex Close higher at $25.239 a gain of 65.7 cents, that only reduced the demand count by 4 contracts that got receipts. Here’s a frustration about Comex and their ways; the way I hear it brokerages have to pay up to $1,000 a month for “live feed” per computer, and the accuracy should be worth something but alas, it apparently doesn’t matter after yesterday mornings post of 175,192 in Open Interest was still up on the board, way after 5 am in the morning, which proved a drop of 86 contracts, yet Harvey Organ, who gets his data after the Friday Night Closing showed a larger drop, which now coincides with today’s Comex numbers, that 5,490 contracts left the field of play, yet Comex keeps those who pay for live feed in the dark, which leaves this mornings questionable Open Interest total to 169,702 contracts trading against the physicals. Also, during yesterday’s trades, Comex upped the physical demand count by 1 from 369 to 370, before reducing it to 366 today.

      January Gold’s Delivery Demands now has a total of 136 fully paid for contracts standing for receipts with a Volume of 14 up on the board and a trading range between $1,859.70 and $1,849 with the last buy at the high, a gain of $10.10 so far today. Yesterday’s full day of delivery activity happened in between $1,849 and $1,826.50 with the last buy at $1,847.50, a gain of $13.40 with a CCC at $1,849.60 a gain of $15.50 that helped reduce the demand count by 355 contracts that got receipts, maybe. Yesterday morning’s Comex antics showed 491 in the delivery count way after 5 am, then reduced that by 17 contracts, sometime during the trading day, to 474, then to start this morning off at 136 contracts still waiting for receipts, maybe. Gold’s Overall Open Interest at the Comex also got skewered over Sunday night and yesterday, with today’s starting total at 553,842 paper contracts to go against the physicals, reducing the count by 13,325 contracts. Yesterday morning’s tally (which I prove several times with my calculator before I post) revealed a drop of 1,018 contracts. Which gave us the idea that the Resolutes were standing strong. If the Comex computers can’t keep up on accuracy, why does anyone have to pay for it?  

      There is no doubt, regardless of which president one wants, the chatter going on is way beyond anything in the past. Listening to Trump’s January 6th speech directly, without the guidance of media, has many scratching their heads about the media claims that Trump organized an attack of the capital building. During the event at the building, not the speech, pictures of the first ones to enter the capital looked exactly like those same agitators from Portland and Seattle, who have been documented for months by Andy Ngo on Twitter. Andy has been attacked, beaten, threatened at his home by these Antifa terrorists. One of those documented violent thugs, just so happens to have been at the shooting of Ashli E. Babbitt, named John Sullivan, who the media now claims, is a Trump supporter. He just so happens to be an organizer, with a history of leftist protests, was at another killing, and identifies with Black Lives Matter. John Sullivan was released by the capital police immediately after the arrest, again. And they call this White Supremacy. There is far more challenge to the narrative, but we’ll leave that for the future, which apparently is set to surprise.

      With a week to go, Trump last night, issued an Emergency Declaration for DC. Nancy of course is rumored to be without her personal laptop, and a few others as well had theirs “stolen” like Oregon Sen. Jeff Merkley, and House Majority Whip Jim Clyburn iPad being taken. Then yesterday Secretary of State Michael Pompeo stated ‘This Fight Is Inside the Gates Today’. Putting this all together is impossible, for now, yet precious metals are telling us nothing to see here, all is well.

      Keep your metals close, and get more while you can at these cheap prices. Surprise or Not, Silver and Gold should have moved higher already, much much higher. As always

Stay Strong!

Jeremiah Johnson

JeremiahJohnson@cableone.net

More J.Johnson content is available with purchase of a JSMineset subscription.

Posted by & filed under General Editorial.

Great and Wonderful first trading day of the year folks,

      Gold popped right out of the shoot last night, and continued to rally into the night, with the trade now at $1,938.40, up $43.30 and close to the high at $1,941 with the low at $1,911.30. Silver leads the percentages with its trade at $27.40, up 98 cents with its high close by at $27.55 and the low at $26.73. The forever in print US Dollar is now valued at 89.485, down 40.9 points, and 10 points off the low at 89.39 with the high at 89.87. Of course, all this happened before 5am pst, the Comex open, the Brexit, after Bitcoin traded higher than our Dow Jones Industrial Average (LOCH)and after a country goes full retard with a 100% digital currency, and its one we’ve been watching too!

      Gold, under the 100% digitized Venezuelan Bolivar, is now trading at 19,359.77 gaining 409.49 Bolivar since Thursday with Silver adding 7.841 with the last price at 273.658 Bolivar. In Argentina, Gold is now valued at 162,998.43 proving a 3,327.34 A-Peso gain with Silver adding 64.54 A-Peso’s with its last trade at 2,304.04. On the other side of the planet, Turkey’s last price for Gold proved a gain of 187.05 T-Lira with the last buy at 14,279.57, with Silver’s last price at 201.782 T-Lira, adding 4.107 to its last years closing price. 

      February Silver’s Delivery Demands now has a total of 483 fully paid for 5,000-ounce contracts waiting for receipts with a Volume of 31 already up on the board and with no price posted. Thursday’s full day of trading activity happened in between $26.54 and $26.35 with the Calculated Comex Closing price at $26.332, a loss of 15.6 cents, helping to reduce the demand count by 466 contracts that may have gotten receipts. Silver’s Overall Open Interest lost only 419 contracts bringing this early morning total to 171,427 contracts willing to trade against the physicals. Which begs the question; are the numbers in the early morning not updated, or is it possible the algos are willing to hold their shorts as a $1+ gain puts their short positions closer and closer to a margin call?

      February Gold’s Delivery Demands now has a total of 521 fully paid for 100-ounce contracts waiting for receipts with a Volume of 143 already up on the board and a trading range between $1,929.60 and $1,912.60 with the last buy at the high, a gain of $36.50 while the papers push the prices higher. Thursdays full, yet partial, day of trade happened in between $1,901.30 and $1,892.70 with the CCC set at $1,893.10, a gain of $2.10 that had a total of 127 swaps helping to reduce the demand count by 653 contracts that may have gotten receipts. Gold’s Overall Open Interest also lost very little of its paper proving only 993 shorts jumped ship leaving a total of 560,059 contracts left to lose money will the precious metals climb.

      The level of frauds perpetrated, which is intentionally being ignored by those assigned to uphold the electoral laws, is huge. I have watched each state’s voter fraud hearings, seen the videos, listened to those willing to go to jail if they lied, observed how everything lines up proper, and to me, it is conclusive! Either it’s all a joke, or we’re going to see the real reasons for treasons. If this election is truly stolen, then prepare for the removal of the First and Second Amendment and for your vote to never matter again. We choose law and order, and the right to speak freely and openly, and of course, the right to bear arms.

      To see the Dow Jones Industrial’s value, trade below that of digital air (Bitcoin), should really wake people up to what has happened already. This political crap called the CCP19 shut down, only helped the big corporations, and have killed off all the small companies that make our nation the greatest, because small companies don’t get the handouts. If the rumored links between China and the DNC are real, then shit has already hit the fan. Which explains the stink in this election, and the reasons it’s not being reported fairly, or without bias. Why are these hearings not being shown on Main Stream Media?

      Back to the positive, today we celebrate Bill Holter’s Birthday. The markets sure are! Make all day’s count, and keep piling on precious metals and have a prayer for all suffering under the politics of today, and as always …

Stay Strong!

Jeremiah Johnson

JeremiahJohnson@cableone.net

More J.Johnson content is available with purchase of a JSMineset subscription.

Posted by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

     February Gold was trading higher, in fact, it rallied all the way up to $1,904.10 gaining $20.90. Then exactly at 9 pm Est the prices got Shanghai’d, as the brakes got applied, then the reverse, with the trade now down $4.20 at $1,879.10, and recovering from the London low at $1,873. March Silver’s movement upward was also stopped, with the high at $26.98, and the low at $26 with the last price at $26.46, up 55.2 cents. The US Dollar hasn’t moved much at all, with the trade valued at 90.235, down 1.5 points after hitting a high of 90.315 and the low point at 89.895. Of course, all this happened before 5am pst, the Comex open, the London close, and after the EU nations quickly and unanimously approve the Christmas Brexit deal, which btw, goes into effect this coming Thursday, the very last day of the year.

      Gold’s value under the Venezuelan Bolivar is now priced at 18,767.51, gaining 18.97 Bolivar since last Thursday with Silver adding 6.282 Bolivar with the last trade at 264.269. Gold’s price under the Argentine Peso also gained 5.69 with its last trade at 156,469.48 A-Peso’s with Silver popping in an additional 50.09 A-Peso’s with its last price at 2,203.31. Turkey’s last price for Gold is at 13,985.79 T-Lira, which gives the noble metal a 196.6 discount from Thursdays price with Silver’s last trade at 196.932, a gain of 1.807 T-Lira. We expect wider swings and heavy volatility moving forward, stay tooned.

      December Silver’s Delivery Demands are now at 123 fully paid for 5,000-ounce contracts waiting for receipts and with a Volume of 2 up on the board with the trading range between $26.80 and $26.475 with the last buy at the low, a gain of 66.4 cents, so far today. Thursday’s partial day of deliveries, had no price posted, but we did get a total Volume of 66 as a Resolute buyer “exited the short side of a spread trade” right into the deliveries. We also have a reduction in the demand count as 90 agreements, got receipts (+66), maybe. Silver’s Overall Open Interest had 192 contracts leaving the Comex giving us an early morning total of 168,748 shorts to trade against the physicals, and with one more day of delivery to go for the December contracts. Oddly, January futures are strong, with a total of 1,283 contracts still trading on margins, until this Thursday’s Brexit. 

      December Gold’s Delivery Demands now has a total of 143 fully paid for 100-ounce contracts still waiting for receipts and with 1 more “buy”, being added this morning at $1,895.50, a gain of $15.60 while all that paper pushes the futures prices lower. Thursday’s activity happened in between $1,879.90 and $1,875.70 with the last buy at the high, a gain of $5.20 that had a total of 46 contracts being swapped helping to reduce the demand count by 126 contracts, that may have gotten receipts somewhere. Gold’s Overall Open Interest shows the issues behind the prices proving another 1,128 paper shorts had to be added bringing today’s early morning total to 563,511 contracts to trade against what’s left of the physicals. We wonder if those 12,493 January Gold Call Options at the $1,850 Strike, mean anything, or any of the other thousands of deep in the money Calls being settled today?

      Yesterday at 3:21 pm, Trump signed the CCP19 Relief Bill, and Zerohedge is claiming it’s supporting the markets. We’re waiting to see who didn’t get their pork barrel products or who got more? Before that twitter feed, Trump posted “See you in Washington, DC, on January 6th. Don’t miss it. Information to follow!” What could he mean by this? Stay tooned, because this week is already chock a block full of crazy, and it’s only Monday, with our precious metals benefitting from it all.

     Enjoy the day, and keep your metals close, as always…

Stay Strong!

Jeremiah Johnson

JeremiahJohnson@cableone.net

More J.Johnson content is available with purchase of a JSMineset subscription.

Posted by & filed under General Editorial.

Originally published for subscribers on December 22, 2020

As a year-end interview for JSMineset, Denny interviews new Tanzanian Gold Corporation CEO Stephen Mullowney. Topics included his background, industry overview and Tanzanian Gold specific. We hope you enjoy the talk and we wish you a Merry Christmas and Happy New Year!