Posts Categorized: General Editorial

Posted by & filed under General Editorial.

Remember 2 months ago when friends, family, and other acquaintances came to you asking for your opinion and even advice? Things looked very dour indeed and people for the most part were in full blown panic mode. They were going to lose their job, they were losing their money and if they left the safety of their home…they were going to DIE!

For a brief moment, you were no longer an idiot. Still strange maybe, but because it looked as if everything was spinning out of control, it was you they sought advice from. It was you because maybe you were the only one warning them prior, or maybe THE only one they knew who had counseled caution? You might have even heard from people you hadn’t seen or heard from in years? You might have even had relatives that needed help financially and you helped them? Very briefly, you were no longer an idiot!

Alternatively, some may have thought you even a bigger idiot than before? Some, maybe even many, only feared the virus and believed we would be back to “normal” in short order? This group believed you were dead wrong about the economy, the markets etc. Not only were you dead wrong but plain foolish because you prepped for something that would never come? (Even if it was not you who had to stand in line to purchase four rolls of toilet paper). In any case, you are still an idiot…again!

The average person has been duped again for the umpteenth time. Yes we have had 39 million new claims for unemployment. Yes there have been (and will be) many old line corporations file bankruptcy, and yes a huge percentage of debt versus all sorts of real estate go into arrears but not to worry! Not to worry because the government has (and will) save us all. Not to worry because whatever is needed to spend will be spent and all will be good. Just look to the stock market as proof! While those 39 million new unemployment claims were being filed, the stock market climbed over 30%. The unicorn juice of the stock market not falling any further has served to calm the public nerve!

But now for the reality. The reality is this, the next few months will likely become a financial and economic nightmare. Just as an atomic bomb exploding 10 miles away, you see the flash, you then hear the bang but nothing happens immediately. “Immediately” is where we stand today. The concussion and destruction is delayed but when is does arrive it demolishes everything.

Plain and simple, the world was already seriously rolling over in the fourth quarter last year. You could plainly see this in may series, “trade” being the most obvious because it is the most difficult to fudge. The fateful day of Sept. 16 when repo broke should go down in infamy as the day the levee broke. The Fed was forced to pump $ billions day after day to keep that canary from being noticed. I will only say the virus was “convenient” because it has been cover for central banks to flood the grossly indebted, financially illiquid and insolvent system with new credit and liquidity. How fortuitous!

Folks, we are already in a global depression as measured by unemployment. $ trillions in debt have gone unserviced for 2 months now and will never be paid on again. $ trillions have already been created and spent by broke central banks and sovereign treasuries. It has ONLY been this largesse that has prevented postponed financial carnage. “Normal” as we thought it to be back in January will never return because frankly, our past way of life was anything but normal! Is it really sensical to spend more each and every year than you take in and fund the gap by borrowing the difference? Can that be sustained? We are just about to see the answer to this, and the resounding NO will be in your face with clarity!

Individuals, small businesses, large corporations, cities state and local governments, pension plans galore and even central banks and sovereign treasuries have been bankrupted. The “bankruptcies” are working their way up and down the line and spreading like wildfire because every failure either adds pressure to or creates another (more) bankruptcies. We have lived a financial life where everybody owes everybody and “liability” exists everywhere and in everything known as an asset. In many cases, what was believed to be an asset has very quickly turned into a liability. All that is now necessary for you to never be thought of as an idiot again is the realization that once believed assets, turned liabilities, BECOME UNWANTED LIABILITIES! ie. To whom do you sell?

I believe this scenario will happen soon and happen with a vengeance. I have long said “confidence” would break for any number of reasons. And that is exactly what have now, ANY NUMBER of reasons for the average person to wake up to the fact the financial markets are completely fraudulent and bluntly, FUBAR’d! Vast wealth will be destroyed on a nightly basis from asset class to asset class and culminate in systemwide failures. The financial atomic bomb has already detonated, there is no going back nor “unseeing” it.

But don’t fret, you won’t be an idiot for much longer. If you have done your best to prepare, that is all you could do and all that can be asked of you. At least you will no longer be an idiot! People will genuinely ask your advice on many topics, not just financial…because you are no longer an idiot. There is even more upside, relatives you haven’t been in touch with for years will show up on your front doorstep asking for advice, not to mention food, shelter, and a shoulder to cry on…because you are no longer an idiot!

The above said, do not expect anyone to admit they were wrong. Nor should you expect any apologies for thinking (and treating) you like you were an idiot. Also remember this, once you let someone in your door out of the goodness of your heart…don’t expect them ever to leave (you would of course be an idiot if you believed this). Oh yeah, one last pretty obvious question…GOT GOLD? The only financial life preserver in a world flooded with debt…

Standing watch,

Bill Holter

Holter-Sinclair collaboration

Posted by & filed under General Editorial.

Great and Wonderful Friday Morning Folks,

    They just can’t keep the first currency down like they used to with Gold recovering from yesterday’s dip with the trade at $1,735.50 up $13.60 after reaching $1,742.00 from a low at $1,722.50. Silver is recovering from it’s usual bigger beating with the trade at $17.47 up 10.6 cents after reaching $17.565 from it’s low down at $17.19. The US Dollar’s magnet is pulling it towards par with the value pegged at 99.74 up 33.7 points with its high at 99.895 from the low starting point at 99.40. Of course, all this started before 5 am pst, the Comex open, the London close, and after a Philadelphia Judge of Elections was caught stuffing the ballot box, admitting in court he literally was standing in a voting booth and voting over and over, as fast as he could.

     The Venezuelan Bolivar now has Gold priced at 17,333.31 showing a loss of 15.98 with Silver losing 2.447 Bolivar with the price at 174.482. Argentina’s price for Gold now sits at 118,094.77 Peso’s as the currencies pull – pushed the price down only 78.39 with Silver at 1,188.19 A-Peso’s showing a drop of 15.38 overnight. The Turkish Lira’s price, close to settling for the week, now sits at 11,811.85 Lira, and increase of 3.21 T-Lira with Silver’s trade at 118.901 down only 1.516 T-Lira.

      May Silver Delivery Demands now shows 148 fully paid for contracts waiting for receipts. Reducing yesterday’s count by 10, and with a Volume of 11 up on the board today with a trading range between $17.435 and $17.385 with the last trade at the high, up 10 cents, and with NO way to confirm if any of these 11 “buys” are spread trade entries/exits or “new buys”. Yesterday’s price, for the claimed 8 lot purchase was at $17.335. The daily delivery chart claimed a trade happened at $17.435 yesterday, but it doesn’t show up in their tick chart after I reported yesterday morning’s starting Volume of 2, which went to 4 with no price posted. Silver’s Overall Open Interest gained another round of Call Option Killers as the count reached 155,795 Overnighters proving 434 more shorts stayed in the trade after yesterday’s punch in the gut price drop.

      May Gold’s Delivery Demands now total 445 fully paid for contracts waiting for receipts proving a reduction of 83 contracts from yesterday’s trades with today’s starting point trading range between $1,726.70 and $1,726.60 for the 6 Lot Volume already up on the board. Yesterday proves the importance of watching the delivery numbers as Thursday’s Volume reached up to 528 contracts which just so happened to be yesterday’s Open Interest in the delivery month. The Volume Column does not include any of the previous purchases. These are either additional purchases or more entry/exit swaps in deliveries made in a single day. What this may be telling us is Mr. Resolute ain’t done buy’n and soaked up another 52,800 ounces on the dip! That purchase must have puckered up some of the short traders as the Overall Open Interest dropped 342 Obligations leaving the count at 532,367 paper contracts with only 3 days from their Options roll. Maybe it’s nothing to worry about, maybe it is. After all Silver and Gold are very small markets in the eyes of everyone else but the currency manipulators of the world. But when someone steps in and takes away $92,000,000 worth of marbles, they have less marbles (Gold) and more jacks (Debt) to contend with.

      As mentioned here for years, the inability to maintain debt continues to rise and rise (until?) as the virus is now “the blame in the game” as US Commercial Loan defaults, hit a 6 year high. Today’s default news shows a couple of overseas issues with tourism in Japan falling 99.9% in a months’ time with new car sales over in Europe plunging 76% in the same time period, which is also the largest drop ever. These are only a very few examples of the repercussions in the ability to maintain debt payments and staying in business. We expect a sharp increase in these stories, including an epic wave of global bankruptcies, as the world corrects the imbalances in debt, and as the political machine, that seems to have encompassed a few nations politicos, gets fully exposed.

      Those that hold the physicals, are not affected by any political news or these highly valued AAA+ rated debt instruments, held by every single central, which are artificially propped up by our ever-so-truthful rating agencies and their positive spin. Back when Jim Sinclair gave the warning, our marbles where placed at Tier 3. Now our marbles are placed as Tier 1 instruments! Since then we simply watch the show, knowing our retirements are in the safety of our own hands and not those that hold more debt than what can be paid. Those that hold debt, are now jacked, with the ratings heading towards Tier 3.

      Monday is our Memorial Day. I offer my deepest bow of respect to those that fought, bled, and died before us. If it wasn’t for them, we wouldn’t be here. Have a great and wonderful extended weekend and as always …

Stay Strong!

J. Johnson

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

Posted by & filed under General Editorial.

Great and Wonderful Wednesday Morning Folks,

      We start our day off with more positive pricing in Gold than yesterday with the trade at $1,751.20 up $5.10 after hitting $1,757.60 with the low at $1,746.70. Silver just turned red in London with the trade at $17.85, down 6.1 cents after the push down to $17.755 and after Silver reached $18.155 which happened before London’s churn. The US Dollar doesn’t seem to be sticking to the “par” plan with the trade at 99.335, down 3.1 points after reaching down to 99.265 with the high at 99.57. Of course, all this happened already, before 5 am pst, the Comex open, the London close, and after 4 years of continual “failures to impeach,” making Trump the most impeached president ever, thus making him the most popular among the people! Heck, even the Treasury Dept was used and they failed too! No wonder the left needs mail in ballots, if they don’t there won’t be any votes for their side to count.

      In Venezuela, Gold is now priced at 17,490.11 Bolivar showing a gain of 170.79 overnight with Silver at 178.277 Bolivar regaining all of yesterday’s pull and more (+3.845). In Argentina, Gold gained 1,354.37 more Peso’s with the price at 118,945.22. Silver’s price under the same fiat gained 28.19 more with the trade at 1,212.34 Peso’s. Over in Turkey, where trading is just about done, Gold is at 11,899.64 Lira, proving a gain of 123.25 with Silver trading at 121.293 regaining most but not all of yesterday’s currency push.

      May Silver’s Delivery Demands now registers a 204 count up on the board and with a trading range between $18.04 and $18.025 with the last trade at the high for the 4 lot that is posted under the Volume already. Yesterday’s delivery activity happened between a trading range of $17.88 and $17.70 with the last trade at $17.86 with the adjusted close at $17.892 as 13 contracts swapped hands inside the delivery month. The short traders are piling on the promises to drop the price on Options Expiration Day as the Overall Open Interest shows a gain of 3,852 bringing the total “paper behind the price” count to 151,994 Overnighters. Over the years we’ve witnessed this Options Expiration event which we think should be looked at in a Pavlov Dog manner. They have rung this bell so many times and for years, which may mean to us believers of hard money, that this is where the real break may occur, when everyone is trained to be out, the price takes off. Of course, none of this matters when we have the physicals.

      May Gold’s Delivery Demands keep suggesting entities want the physical now with the count still elevated at 816 fully paid for 100-ounce contracts with no trading range for the 4 swaps posted up on the board already. Yesterday’s final trading range for the total Volume of 167, was in between $1,749.50 and $1,749.30 with an adjusted close way down at $1,744.20. Here’s something else that everyone else but us seems to ignore in the delivery month; the first 118 swaps had no price posted, but the last 49 trades posted that 20-cent trading range. Yup, nothing but integrity and trust here. Gold’s Overall Open Interest has gained another round of additional shorts, to the tune of 3,699 bringing today’s starting count to 528,638 Overnighters quite possibly Pavloving it for Tuesday’s trade.

      Lots of events seem to be happening to the news services lately, as more job cuts are being done with their revenues collapsing and still, the management cannot figure out why no one listens to their truths anymore? Last night, East Coast viewers of CBS news got a special treat when their services went dark, making their +20 viewers panic because they were not being fed their daily thoughts and new hates. Then we have the release of documents proving the past administrations involvement in attempting to remove a non-member of the “political” elite by any means possible, including treason, as Trump ordered the release of evidence so solid that the TV show hosts can’t spin it. Then we have the judge in Flynn’s case refusing to throw out the case as he attempts to wait it out for the next accusation from Pelosi and friends who also knew the case was based on lies. This judge has taken over the prosecution because the defense team did its job so well, he’s offended.

      On the more serious side of things, the global debt system is faltering. It matters not who’s debt is held, it’s becoming harder and harder to keep that system up when so many are on the verge of filing bankruptcy to get out from under that mountain of debt they cannot pay, before it crushes what’s left of their companies and everyone’s jobs. If there ever was a time for small businesses on a global scale, to file bankruptcy, this is it. Who can blame them after all? It wasn’t their fault that a virus, whether factual or not, was used to cause all this disruption. The disruptions have occurred, and it’s in over 184 nations. Small businesses are the life blood of our economy, and the dealers of debt will suffer the most because of what happened. The dealers, of course are the same ones that control all the paper behind the price. These debt dealers know what’s happened already and they are preparing too!

      Still they ask us, why we hold our precious metals so closely? So, hang on tight to the real, keep a smile on your face no matter what, even if it’s behind a mask. Keep a positive thought in the head, and a prayer for all, as always …

Stay Strong!

Jeremiah Johnson

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 our early morning report with Gold and its confusions, with the June contract down 40 cents at $1,740.50 after reaching up to $1,748.90 with the low at $1,736.80. Today, finally, Silver is leading with the trade up 40.9 cents at $16.565 after hitting $16.705 with the low at $16.155. Par still surrounds the US Dollar, no matter how much is printed. How long this will last, is up to some Algo with the trade at 100.39, down 11.7 points after hitting a low at 100.195 with the high nearby at 100.420. Of course, all this happened already, after 2.2 trillion was created out of thin air, before 5 am pst, the Comex open, the London close, and after China’s bank HSBC taps the BOE for its GLD Bars.

      Gold under the Venezuelan Bolivar is now valued at 17,383.24 showing an increase of 193.75 Bolivar with Silver gaining 8.24 with the price now at 165.443 Bolivar. Argentina’s Currency has Gold’s value pegged at 117,608.46 giving our noble metal a 1,436.10 A-Peso gain with Silver showing a 57.33 A-Peso pop with the trade now at 1,119.44. Gold’s value under the Turkish Lira is now at 12,038.72 showing an increase of 49.74 Lira’s with Silver proving a gain of 4.926 T-Lira’s with its price at 114.556.

      May Silver Deliveries now has a Demand Count of 378 up on the board with a Volume of 23 so far today inside a trading range between $16.59 and $16.505 with the last trade at the low (what else is new for London?) up 36.9 cents. This proves an increase of 3 – 5,000-ounce contracts above yesterday’s tally which had a total Volume of 49 “swapping” contracts within a trading range between $16.12 and $16.005 with the last trade at the high with the adjusted close above that at $16.135 proving the demand had more action than the centrals could handle. The fear is showing up in the numbers behind the price again with Silver’s Overall Open Interest at 141,302 Overnighters. An increase of 4,718 paper shorts in order to keep Silver from doing more damage to the short traders’ accounts. Also, of note is the closing prices for the 2 front months in Silver suggesting a shortage of product in the eyes of us “old school traders” with May’s close at $16.136, with June’s close at $16.115, giving the delivery month a 2.1 penny premium in an Algo Controlled world. Let’s see how this unfolds.

      May Gold’s Demand Count now sits at 1,573 fully paid for contracts with an early morning trading range between $1,745.10 and $1,739.70 with the last trade at $1,742.30 and with a Volume of 591 already up on the board today. Yesterday’s final trading range inside the delivery month was between $1,743.10 and $1,720.50 with the last trade at $1,736.50 with the adjusted close at $1,738.10 ending with a Volume of 672. The Demand Count from yesterday to today increase by 478 – 100-ounce contracts for that barbarous relic that the centrals kept telling everyone is worthless. Gold’s Overall Open Interest is now at 520,235 Overnighters, proving an increase of 4,779 short contracts being added or else the price would have gone much higher.

     Whoever Mr. Resolute is (or how many there are), he keeps coming in and mucking up the Comex Stalls in both metals at a time when many mining facilities remain shuttered and for over 1 ½ months’ time. Our southern neighbor’s central bank, BOM cut rates ½% yesterday, as they too are having financial issues and are suffering from the CCP19 virus as this article claims 30 crematoriums across Mexico City are at full capacity. The truth about this airborne topic still needs honest vetting yet the media continues to be everyone’s enemy no matter where one turns. Who are they supporting after all? 

      The events of the week have been supportive for the precious metals. Gold is still, not that far away from making new life of contract highs and Silver seems to be ready to catch up. Reminder; Silver has yet to reach the 1980 high which Gold blew thru like a hot knife thru a bar of butter way back in 2011. So, we wait, with physicals in our hands and positive thoughts in the head, with a smile on our faces because, the controllers seem to be losing it. Have a great weekend, and keep the faith. With that we will always …

Stay Strong!

Jeremiah Johnson

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

Posted by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

     June Gold’s price is close to the London low with the trade at $1,702.30 down $11.80 after hitting the low price of $1,695.20 before the bounce, with the high so far at $1,713.80. Silver is also doing the London dip with the trade at $15.605 down 17.3 cents and recovering from its low at $15.510 with the high so far at $15.92. The US Dollar is still parring around with the trade at 100.135, up 36.6 points-of-print and right close to the London high at 100.175 with the low that should be much lower at 99.690. Of course, all this can only happen overseas, when we’re asleep, before 5 am pst, the Comex open, the London close, and after the president of Mexico asked Trump questions about Obama and his group of Fast and Furious deflectors.

      In Venezuela, where Maduro’s drug runners are claiming we are the drug dealers and they are victims, and are now saying so in a fast and furious way, has Gold’s starting price for the week at 17,001.72 Bolivar showing a loss of 222.70 from Friday morning’s post with Silver at 155.855 Bolivar losing 1.758. Argentina’s Peso has Gold priced at 114,438.20 showing a Monday morning pullback of 1,300.88 Peso’s with Silver losing 8.7 Peso’s with the price at 1,048.93. The Turkish Lira’s pullback price for Gold is now at 12,047.15 Lira down 227.38 with Silver now at 110.441 losing only 1.736 T-Lira’s.

      May Silver’s Delivery Demands are now registered at 1,992 fully paid for contracts waiting for receipts and with no trades or Volume posted so far this morning. This proves a 4 point drop in the delivery count from Friday’s trading range between $15.80 and $15.50 with the last purchase at $15.555 and an adjusted close at up at $15.740 with a final Volume of 59. If it wasn’t for the allowance of more liquidity into the markets, Silver prices would be substantially higher than they are now as the Open Interest gained another 1,174 short contracts bringing the total to 138,257 Overnighters that keeping the prices controlled (for now).

      May Gold’s Delivery Demands are now at 2,383 fully paid for contracts and with a Volume of 647 up on the board with a trading range between $1,704.50 and $1,702.30 with the last purchase at $1,704 down $5.90 from Fridays close while the rest of the papers controlling the price is pushing the futures value much lower than they should be. Friday’s total Volume inside the delivery system reached 330 within a trading range between $1,728.90 and $1,703.80 with the adjusted close at $1,709.90 and reducing the Physical Demand Count by 994 contracts. Gold’s Overall Open Interest lost 3,575 Obligations with the total count now at 500,964 Overnighter’s as we wait it out.

      Q’s posts are still running full steam ahead as Obama and his anointed team seem to be the only ones the media allows to speak to defend their past actions. At this point, none of their televised interviews will matter anymore (imo) because we are heading towards a military tribunal as Q Post #4196 brings forth a time lined list of accusations made by the characters in the play who tried to remove a legally elected president. Please read the Q post and consider how long this is going to take in a televised military court room setting, as the evidence strips away the façade the media and this team of unelected henchmen and women created.

      When I was a kid, Mom and Dad made sure everyone was at home in time to watch the Watergate hearings in its entirety. The family unit made sure, dinner was served, dishes were cleaned, and everyone was sitting in front of the television every night, before the evidence was presented with the exception of the still missing 18.5 minutes of Nixon taped recordings. We watched all the way to the ending including that famous televised statement “I Am Not A Crook” which had little or nothing to do with the original accusations (a break-in, not stealing money). Let us consider what this elected official has done back in his day. He removed us from the Gold Standard and put us onto the Petro Dollar and he also opened the door to trading with China. Moving forward we now have an accused former candidate that seems to be channeling Chairman Mao in a pant suite. With Joe Biden being the one that the pant suite princess has endorsed to represent the DNC. Why the DNC supporters are not screaming that they should be the ones allowed to bring in a candidate via a majority vote, is beyond me.

      As we move forward, nothing will change the future direction of precious metals as the world gathers around, once again, to see the who/what/when/why/where of it all. As a reminder, Q posted back in 12/12/18 Yes. Gold shall destroy FED. How big is the meaning behind the word FED? Does it also include the removal of the Petro Dollar and bringing back the Gold standard? Let the future unfold as we observe and ponder it all. So, sit back and get ready for the evidence to be presented and hold on tight to the real, as things become clearer. Keep the faith, and have a smile on the face, and as always …

Stay Strong!

Jeremiah Johnson

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 was more positive than it is right now as the trade reached $1,735.50 before the City put in their “calm” (our synonym for manipulation) with the trade at $1,726.60 up 80 cents with the low at $1,722.10. Silver is once again doing “the oddball” by leading with the trade up 19 cents at $15.78 after reaching up to $15.885 before the synonym was placed and after the low of $15.545 was hit. The US Dollar continues to stay in place by sticking around par with the trade at 99.79, down 11.6 points inside a trading range between 99.905 and 99.650. Of course, all this happened before 5 am pst, the Comex open, the London close, and before the Unemployment and Wholesale Trade reports get posted.

      Our Emerging Market Currency Watch is nothing but positive today. For example, in Venezuela, Gold is now priced at 17,244.42 Bolivar showing a 289.69 gain with Silver adding 6.192 Bolivar to its price at 157.603. Argentina’s currency now has Gold valued at 115,739.08 Peso’s as the currency falters popping in an additional 1,927.37 A-Pesos overnight with Silver adding 41.38 A-Peso’s with the trade at 1,057.63. The Turkish Lira’s price for Gold is now at 12,274.53, as the noble metal gained 152.88 Lira with Silver now at 112.177 T-Lira proving a gain of 3.547. As a side note here, part of the reasoning for posting collapsed foreign currency values for our precious metals is to prepare you for what we think will be the price swings under the US Dollar, when the time comes and as the print continues.

      May Silver Deliveries now sit at 1,996 fully paid for 5,000-ounce contracts, and with a Volume of 14 up on the board so far, with a trading range between $15.75 and $15.53 with the last trade of course, at the high, up 18.8 cents from yesterday’s close, proving 123 receipts were passed out somewhere between here and London. Yesterday’s Delivery Month trading range finalized between $15.435 and $15.215 with the last registered buy at the high and with a close way above any trade at $15.562 with a final Volume count at 9. As mentioned over the years, the paper behind the price will be the “tell” as the levels of manipulation, or fear, show up in the count as 4,237 more short contracts had to be added yesterday in order to provide liquidity with the total Open Interest now at 137,083 contracts traded on an exchange that only controls the price, not allowed to move freely. All this kinda feels like a CCP controlled market, huh? 

      May Gold Deliveries are still amazing to see as the Demands For Physical remain elevated for a cereal month with the count at 3,377 fully paid for 100-ounce contracts waiting for receipts with a Volume of 229 up on the board already inside a trading range between $1,728.90 and $1,721.10 with the last trade so far at $1,722.40, up 60 cents and proving a drop of 273 demands that got receipts and have exited the building Elvis style. If you really want to see the fear trade, look no further than the additional liquidity put into the Futures Market behind the price to control Gold as another 11,632 shorts had to be added to keep the noble metal from making new life of contract highs bringing the count to 504,539 Overnighter’s willing to stay in before our Unemployment Report comes out.

      China’s International Barbarian Management is being seen everywhere as Twitter, Facebook, YouTube, and the various media conglomerates inside our borders, are removing any and all discussions about where this bio came from, as the world places the blame squarely on the socialist (the idiots term for communist) nation. More countries are piling on in the international courts as China’s Truth Squads attack opposing views to their narratives within these claimed free-speech-platforms. Now China’s Truth Squads are being accused of removing sections of many articles written by EU members and as the “E-Union fails to discuss the edits, including the removal of references to the spread of COVID-19, in an op-ed jointly published article by all 27 member states in a Chinese-owned newspaper”. So, WHO really controls the narrative? I say, let’s find out the answer by withholding all the money and grants to these organizations and see who complains the most?

Also, of note is this past week’s huge and really large Q posts. You may not have noticed them being discussed in the media because the management within our media considers the movement as not China Centric, I no longer wonder why? Could it be that some who claim to be ardent Americans are really traitors to our nation and are making hidden agreements with other nations against our nation benefits, and the will of the people? Did you see Flynn’s 3 years of isolation, incarceration, and accusations, fade into oblivion yesterday? There are quite a few that do not like the idea of Q, but the point I see is Q is the voice that is showing the world the media is full of shit at every turn and they need to be exposed. We will observe all the discussions because somewhere in the middle the truth can be found. In the meantime, we continue to see Trump Draining the Swamp in slow, methodical, and in the unrelentingly slow pace of law and order! We’re also keeping an eye on those that claim Trump needs to be investigated more and impeached more, as the Barbarian Comedy shows up again.

     So have a great weekend, keep the faith, and a smile on your face, and Q the moments that makes up one smile, and as always… 

Stay Strong!

Jeremiah Johnson

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

Posted by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

     We hope you had a great weekend enjoying the sunshine. We sure did, we’re even enjoying this morning’s pre-sunrise movements in the markets with June Gold up $14.80 at $1,715.70 after reaching up to $1,726.00 with the low at $1,700.30. Silver is up as well with the July contract at $15.10 up 16.2 cents after hitting a high of $15.225 with the low at $14.78. The US Dollar is under support as well this morning with its trade, following the precious metals, at 99.52 up 42 points and right beside its high at 99.54 with the low at 99.09. Of course, all this happened already, before 5 am pst, the Comex open, the London close, and after Governor Gavin Newsome attempted to threaten Californians with prison time, for going to the beach, and was almost completely ignored.

        Gold under the Venezuelan Bolivar regained 249.68 over the weekend with the price now at 17,135.55 Bolivar with Silver at 150.811 Bolivar a gain of 0.998. Argentina’s Currency now has Gold valued at 114,272.54 Peso’s showing a 1,452.66 gain with Silver now valued at 1,005.80 Peso’s regaining 4.88 over the weekend. Gold under the Turkish Lira gained 193.54 with the starting price for the week at 12,066.77 Lira with Silver at 106.200 gaining back 0.88 T-Lira’s. The future question we have is; How will these emerging currency’s respond when the Dollar loses its value in the weeks and months to come? Are not all currencies trading against Silver and Gold? Let us find out what the ratios will be like as time unwinds the crimes … Stay Tooned!

      While that question festers, we continue to observe the demands for physical at the Comex with today’s delivery requests for the May trade at 3,845 fully paid for 5,000-ounce contracts waiting for receipts and with a trading range between $15.06 and $14.695 with the last 1 lot swap, at $15.015 and with a Volume of 179 posted up on the board, so far today. This proves a drop of 1,847 in deliveries, after Friday’s trading range between $15.045 and $14.855 with the last registered trade at $15.025 and with that magically adjusted close at $14.863. Silver’s Overall Open Interest continues to drop with the total now at 132,134 Overnighters still in the trade, as another 2,733 Algo controlled short trades leave, giving us old school traders the idea that things are going to actually show a corrected (and much higher) value, sooner than later. All we have to do is wait for it. That shouldn’t be too hard anymore.

      May Gold’s Delivery Demands are now at 5,348 fully paid for contracts waiting for receipts and with the early morning trading range between $1,709.00 and $1,702.60 with the last single lot order at $1,708.30 and with a Volume of 271 up on the board so far today. Friday’s trades had a Volume count of 337 swaps inside a trading range between $1,701.50 and $1,670.50 with the last buy/sell at $1,698.80 with the usual adjusted low close at $1,694.50. Gold’s Overall Open Interest is now at 491,760 Overnighters proving 1,816 Algo controlled short contracts exited the trade as things start to unwind in the world markets.

      The Retail World is going thru more changes as J. Crew files for bankruptcy, with the blame directly placed on the CCP19. The Retail Industry was changing before this bug which reminds me of the time when Zody’s and Montgomery Ward’s lost their foot traffic to the malls back in the early 80’s, and now it’s the malls turn as more and more people buy online and stay away from each other. It will be interesting to see what happens next as it is apparent, everything has changed but the prices of precious metals. Now we are led to believe there is a currency shortage after 2.2 trillion was created out of thin air and pushed into the markets and, it’s still not enough.

      The days, weeks, and months, of sharply higher precious metals prices is upon us. Not even in the central banks fantasy collection, can they hold onto their ill-gotten gains as the buyers of physicals continue to remove what they can from the controller’s hands. At the same time, the controllers try their best to sway nations loyalties by using their levels of held (and uncollectable) debt. They’re doing this even when there is more debt than dollars, and no taxable income to pay off the debt. Oh yeah, let us not forget this is now a global issue too. Now that we’re all used to staying in place, with some of us having to restrict movement for over 2 months, the future banker’s holiday will be a breeze once we get to that point, as the clock keeps ticking and the debt keeps rising, with no way to pay except print.

      We’ll sit right here, as the world continues to turn, even without the issues of debt or a BioBug, as precious metals history proves, those that hold the Gold set the rules. So, keep the faith, have a smile on your face and enjoy the Sun, it’s what the medical industry won’t talk about because it prevents the problem which means no profits. As always …

Stay Strong!

Jeremiah Johnson

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Posted by & filed under General Editorial.

Great and Wonderful Tuesday Morning Folks,

     It almost always impossible to see a positive price on the last delivery day of the month. Ok, it’s rare to see, and today we have one of those occasional moments that will hopefully carry us thru the day with June Gold up $3 at $1,726.80 after touching the high at $1,728.00 with the low at $1,706.00. Silver is up as well with the July contract at $15.370 up 2.9 cents with a high at $15.455 and the low at $15.085. The US Dollar, after recovering above par during Monday’s trade, is back below it again with the price at 99.525, down 57.2 points and close to the low at 99.485 with the high mark at 100.295. Of course, all this happened already before 5 am pst, the Comex open, the London close, and after a Chinese brokerage firm was reportedly forced to retract what may have been an honest unemployment outlook for its country. Maybe they forgot to wait for the approved story, like we get here.

     The pullbacks in the emerging markets seem to have less and less of an impact lately with Venezuela’s price for Gold now at 17,246.42 Bolivar, saving the buyer 75.90 with Silver’s price reduced by 1.298 with today’s value pegged at 153.508 Bolivar. Argentina’s currency now has Gold valued at 114,776.76 Peso’s, showing a reduction of 319.35 overnight with Silver at 1,021.61, offering the buyer a 7.17 A-Peso savings from yesterday price. The Turkish Lira also gained in value taking away 33.40 Lira’s with Gold price now at 12,081.25 with Silver doing the same, losing only 0.713 T-Lira’s with the price at 107.548.

       Today is the last day for April Deliveries with Silver’s demand count still at 6 and after no additional purchases were made during yesterday’s trade, but the CME did change the closing price down to $15.201, a price drop of 5 cents. So far this morning, we see a 2-lot swap and with 2 prices at $15.010 and $14.995, can you guess which price is the last? Also, of note is the May Contract count, which will start to matter this Friday after Thursday’s closing numbers tells us the number of contracts standing for delivery. May Silver’s Open Interest now stands at 22,299 which translates to 111,495,000 ounces which is way too much for the CME to deal with. Something must have spooked the shorts; I say this because we actually had a reduction of 3,337 short contracts in the Overall Open Interest with today’s starting count at 140,556 Overnighters. Normally we would see a reduction going into the next months deliveries. This seems to be a bit early, and something to look forward too since the OI has dropped considerably since the March Options came off the board.

      Today’s numbers for the last day of April Gold deliveries shows a 79 count reduction leaving 124 fully paid for contracts waiting for receipts, so they can start the delivery process with yesterday’s Volume reaching 169 inside a trading range between $1,731.90 and $1,712.10 with the very last trade of the day done at $1,716.90 (a 2-lot buy) and of course that “non-manipulated close” way down at $1,711.90. So far this morning, the Volume inside the delivery month is at 6 with a one price trading range at $1,716.60 (high/low/last), a gain of $4.70 and right close to yesterday’s last trade. May Gold Deliveries are usually unimportant yet, we do have a demand count at 7,733 which brings a possible order for 773,300 ounces of the real. Friday will give us the starting count as we wade thru the rest of the week. Gold’s Overall Open Interest is doing the exact opposite of Silver’s showing a gain of 3,156 more shorts being added with the total now at 502,584 Overnighters.

      This CCP19 virus has done so much damage to the entire global economic system it’s hard to imagine that things will turn upward right away like the president is suggesting. Yes, we are Americans and we have always fought thru the many hardships of the past and we will again. We have the drive to push forward, a creative mind, the freedom of speech, the right to bear arms, and a never quit attitude! The events that have already occurred, will make Silver and Gold, the most run after assets as the markets filter thru the rest of the 2.2 trillion, then the next multiples of trillions after that. Why do I say this? Because the only answer every single central banker has, and over the centuries, is more money NOW and more control NOW! They even have the help of the governing bodies who just so happen to be educated to believe the same things, and nothing else. Which is being met with, no tax revenues, no Velocity of Money increase, and a much lower employment, and the obvious bankruptcies (of all shapes and sizes) in the very near future.

       So, keep the faith, hold the real in your hands, and have a smile on your face and a prayer for all. Regardless of everything else, we are all on this planet together, and together we will survive, if we divide, we fall. As always …

Stay Strong!

J. Johnson