Posts Categorized: General Editorial

Posted by & filed under General Editorial.

Great and Wonderful Finally-a-Friday Folks!

Gold again, is trading higher but is still stuck in a month long channel with the trade now at $1,477.60, up $5.30 with the high nearby at $1,480.00 and the low down at $1,465.50. Silver is up 13.1 cents with the March contract at $17.080 with the high only a penny away and the low at $16.895. So far today, the biggest mover in the first paragraph is the US Dollar, down 54.4 points with the value pegged at 96.840 after being dipped down to 96.715 with the high at 96.910. All of this has already happened, before 5 am PST, the Comex open, the London Close, after Boris killed the competition, and the starting of the Triple Witch Week.

In Venezuela, Gold is now trading at 14,757.53 Bolivar, losing 17.98 (and as our Dollar loses value) with Silver at 170.587 Bolivar, gaining 1.499 in the overnight. In Argentina, Gold has gained another 8.96 A-Pesos with the trade at 88,362.66 with Silver at 1,021.96 Pesos, gaining another 10.73 Peso’s. Once again, this a great way to wake up if you’re sitting in a 5,000-ounce contract and on the right side of the trade too! In Turkey, their Lira has Gold’s value pegged at 8,570.51 Lira gaining 8.32 with Silver now at 99.0597 Lira, a gain of 1.0755.

It has been our opinion that the Comex Silver Delivery Demand System has issues, as we observed the opening of the ICE session at 4pm pst when the Resolute Buyer stepped in with an immediate 11 lot purchase within the first 15 minutes of trade pushing the price to $16.88, a positive move of 3.5 cents from the COMEX close. It’s what happened immediately after this that raises my concern when the very next SINGLE LOT purchase sent the delivery month’s price to the negative at $16.825. At this time, the Volume in the trade was at 12 (that 11-lot purchase plus that singular low-price trade), now the Volume is at 16 and the last trade was at $16.855 meaning there were only 4 more purchases over the last 12 hours. How can a single 5,000-ounce trade overpower a 55,000 ounce buy order pushing the value to a lower price? Hello McFly! This is the “fix” in price! The idea a single lot order can outweigh an 11-lot purchase in Physical Deliveries should be questioned and by the authorities, but they will not go there, because they are already complicit, and it’s why we are here challenging everything we see. Today’s Open Interest in the Delivery Month is now at 635 Demands for Physical proving a 21-count drop from yesterday’s tally and with the Volume at 61 posted (yesterday).

Silver’s Overall Open Interest had to gain more paper shorts in order to keep the (delivery) price steady with the total count now at 204,436 Overnighters, proving the increase of 517 more pieces of paper vs the real as our Resolute Buyer, still has the shorts up against the ropes.

Normally I wouldn’t add any Gold data to my write ups but yesterdays Red Gold Deliveries had more Volume than the that Standing for Delivery. December 12th’s Physical Gold Demands stood at 728 (100-ounce contracts) and with a Volume of 755 at the close. Now the Open Interest in the Deliveries Cycle stands at 1,076 fully paid for contracts expanding the physical buy orders by 348 obligations increasing the purchases over 50% in one day. Probably nothing, but who knows?

Friday the 13th is here, and right before the Triple Witch Week too, which should be of interest moving forward. Monday, we roll out of all the currencies that make up the basket of currencies we call the US Dollar Index. Then we observe the rollouts of the old Treasuries into the new. At the same time, we have been witnessing 100’s of billions of dollars being printed, over several months, in order for the money changers to keep telling us how wrong we are about the overall markets and specifically the real money of the world’s population, Silver and Gold. They have to print in order to tell us how wrong we are, in our opinion, that won’t last much longer. Have a great weekend and keep that smile on your face and a positive attitude in the head, no matter what, and as always …

Stay Strong!

J. Johnson

Posted by & filed under General Editorial.

Great and Wonderful Thursday Morning Folks,

We’re in a 4 Day Rally in precious metals and just before the Triple Witch Week with Gold at $1,479.40, up $4.40 with the high at $1,480.40, and the low at $1,476.30, and with zero trades in the (Dec. Au) delivery month, hmmm. Silver is following along with its trade at $16.930, up 8.1 cents with its high at $16.970 and the low 10 cents below at $16.870. Even though we show higher prices these past few days, both metals are still sideways in trade. The US Dollar is still under support with the trade at 97.16, up 10.4 points after reaching 97.20 with the low at 97.030. All of this was already done, before 5 am pst, the Comex open, and the London close.

Our Emerging Markets Currency Watch is proving the currencies are stressed. In Venezuela, the Bolivars price for Gold now stands at 14,775.51 popping in a gain of 73.91 Bolivar with Silver gaining 2.247 Bolivar with the trade at 169.088. Argentina’s Peso has Gold valued at 88,353.70 A-Pesos proving an addition of 404.81 in value with Silver at 1,011.23 Peso’s adding 13.229 in the overnight. What a way to wake up eh? In Turkey, their currency now has Gold valued at 8,562.19 Lira, showing a gain of 10.60 with Silver at 97.9842 adding 0.9335 T-Lira’s to its price.

December Silver’s Delivery Demands show a request count of 656 fully paid for contracts waiting to take delivery proving a drop of 155 contracts with the hope that this is for physical deliveries and not the paper the banks have an addiction to, with this morning’s Volume at 12 so far with a trading range between $16.845 and $16.830 with the last trade at the high and, with a posting of a 5 lot purchase at that price. Ironically the “Bid” is right at the current price this time. It kinda makes one wonder if Comex is paying attention to those that are paying attention to this?

Silver’s Overall Open Interest shows how precarious things really are as the count increased and as the prices rose, with the total count now at 203,919 Overnighters proving an additional 1,006 more shorts had to be added in order to keep the prices range bound in what can only be called “the extend and pretend until the end”.

The FISA report came out right on Q Monday as promised. Many reports came out immediately saying how disappointed everyone was even and without reading any of the 476-page report. Even James C-O-R-N-E-Y was shown to have posted his own shallow vindication on twitter with this article; James Comey: The truth is finally out. The FBI fulfilled its mission. So, Deep State got punked again, and so did all those first responders in True Rope-A-Dope Fashion, here’s what I mean.

There are 3 past Q posts giving us warnings of the morphing of clues as things moved forward, showing the change-up as if in a war like setting, proving when the Deep State moves, so does Q! Remember, this is war! Each one of these warnings were at the very bottom of each post;

Jun 20 2018

Spelling error due to mobile.
Q

Then post

Feb 12 2019

Spelling error by mistake.
On the move.
Q

Then Once again the repeat

Feb 14 2019

Spelling error by mistake.
On the move.
Q

What did Team Q do? They misspelled “Comey” in every mention within the FISA report. Could this be why Comey hasn’t posted anything on his twitter page since Monday after he walked into the rope? If one does a word search for the name “Comey” in the FISA report, there will be nothing to report, but if one types in C-o-r-n-e-y instead … BOOM! Nice play Q, very nice …

Let us see what happens next, because there’s a lot going on in true Rope-A-Dope Fashion. I think I can safely say that Q team truly has a sense of humor, and so should you, because we are winning in many ways… Stay smiling and as always …

Stay Strong!

J. Johnson

Posted by & filed under General Editorial.

Great and Wonderful Wednesday Morning Folks,

      We start the day with a green price for Gold (3 days in a row) with the trade at $1,472.00 up 4 bucks and right there at the high of $1,472.30 with the low at $1,466.90. Silver was giving “the signal” but now has turned to green with the trade at $16.705 up 3/10ths of a penny with the high at $16.745 and the low at $16.650. The US Dollar, under the artificial support from a basket of other nations currencies, is now trading at 97.530, up 14.5 points with the high at 97.575 and the low at 97.530. Of course, all of this was done before 5am pst, the Comex open, and the London close.

      In Venezuela, Gold’s price is now trading at 14,701.60 showing an 11.90 Bolivar gain with Silver at 166.841 Bolivar proving a nickel gain in the overnight. In Argentina, the Peso has Gold’s value at 87,948.98 proving a loss of 169.99 Peso’s taking away most of yesterdays gains with Silver at 998.001 Peso’s dropping 2.409 in A-Peso value as their currency swings higher (for now). Over in the lands of Turkey, Gold is trading at 8,551.59 Lira, confirming a gain of 23.47 in value with Silver at 97.0507 showing a gain of 0.2188 T-Lira’s.

     December Silver’s Delivery Demand numbers still do not jive with anything logical, as we reported during yesterday’s missive the increase in count during the day. The end of the day count went to 919 fully paid for contracts waiting for physical with the last Volume count of 188 inside the trading range between $16.610 and $16.555 as the price slowly increased during the day.

      Today’s Demand Count for physical now stands at 811 fully paid for contracts waiting for receipts and with a Volume of 10 up on the board so far this morning with a trading range high/low/last at $16.545. So far today, ten contracts traded at the lower numbers yet the seller refuses to take the higher price of $16.600 with a 26-lot order Bid? This seller is trying to drive the prices lower when a normal seller of product, would be taking the higher offers. In my opinion, this physical seller is forcing the prices lower. Yesterday’s activities proved 157 contracts settled out either taking the receipts into delivery at the Comex, or sending the papers over to London, or? It is my belief this seller is not selling real physical but squaring out a trade for the end of the year, playing it out in the delivery system. Silver’s Overall Open Interest is now at 202,913 Overnighters confirming 1,747 more shorts left the field of play and as the prices went higher.

      As a reminder, all of this activity is happening just before the Triple Witch Week, the Winter Solstice, the Religious Celebrations of Life, and the New Year. With all the 100’s of billions being printed every week since Sept 17th, in order to keep liquidity up, when the Velocity of Money is collapsing, we pose the question; where is the money going if it’s not showing up anywhere? Each year’s close has this squaring of positions, yet it seems there are those “very few” who can simply scream they need more money creation or the world will end, and they get it! If I tried to do that to my credit card company or bank, I would be laughed at, and hard! Yet these clowns, who (the media) claim to be the world’s best profiteers, who also have control over everyone else’s credit, do just that, scream at the Fed window, and they get their cash needs printed, every time! In short, these friends of the centrals, have unlimited credit to go against our limited and earned money that is in trade!

     All we’ve ever wanted was a fair playing field! If I’m on a Margin Call in the Futures Market, I am required to either put my hard-earned cash into my account to “stay” in the trade, or I have to clear the trade and get off “Call”. Why are the banks offered another way out, getting cash that is freely printed for them, instead of having to clear out their trades to get off Call? This is our point of contention! They are allowed to go to the print window when their trades go awry. This is what we see happening in precious metals now! They are on the “losing money” side of the trade, and yet they can stay on the wrong side as long as they are allowed to go to that free money window to add more paper against the deliveries. This is when the physical demands can blow out the paper!

      Fair trade is what the world’s investors want. If they don’t see fair trade, they leave the investment arenas, and buy Silver, Gold, and wait things out till the investment ship gets righted, or sunk. We may be at the point now when we observe the velocity of money, at the same time money is being printed yet is still nowhere to be seen. It is those that hold the physicals, that are prepared for the change of seasons. Enjoy the day, keep that smile on your face no matter what, and please remember, we are all Patriots under One Flag and One Nation, and All Under God! It is this that allows us to …

Stay Strong!

J. Johnson

Posted by & filed under General Editorial.

Heads Up! J.J’s report will not be on Steemit anymore…

Great and Wonderful Tuesday Morning Folks,

Gold is doing it again, showing up on my screen in green (day 2), with the trade at $1,470.80 close to the high at $1,472.50 with the low at $1,464.20. Silver is following with its trade at $16.70, up 5.8 cents with the high at $16.735 and the low at $16.625. The real reason for the stale trades in precious metals is the US Dollar, and all the money laundering involved to keep the fiat elevated, with the trade at 97.535 down 7.4 points after dipping to 97.465 with the high at 97.630. All of this as done before 5 am pst, the Comex open, and the London close.

Our Emerging Markets Currency Watch shows rising prices in Gold and a very close shave for Silver. For instance, Venezuela’s Bolivar now has Gold’s price at 14,689.62 giving the holder a 19.98 Bolivar gain with Silver at 166.791 shaving off 0.05 of a Bolivar. In Argentina, their Peso now has Gold priced at 88,118.97 proving the holders gained 178.08 Peso’s with Silver’s price at 1,000.41 taking away 0.19 of a Peso. The Turkish Lira now has Gold’s value pegged at 8,528.12 Lira, gaining 9.26 with Silver now trading at 96.8319 barely shaving 0.0353 off of yesterday’s sale price.

The problem with all manipulations within the physical Commodities (not the fiat instruments) lies with the deliveries of the product. The system MUST have physical product in order to control the prices with the unlimited paper they use against the physicals. It is at this point when the markets are forced to find the price that will free up the physicals, which is why we observe the “Deliveries”, “Open Interest”, and the “Options” within the Futures Market. Yesterday’s activities in the December Silver Contracts showed a solid gain, not once but twice, during yesterday trade. I had posted the early morning Open Interest on Monday at 913 (4,565,000 ounces). Later in the day that count increased to 917, I’m not certain what this means because the Open Interest NEVER changes during the day, but it did and with a Volume posted at 138. Now we have to demand count at 968 requests for physical showing an increase of 55 more 5,000-ounce contracts demanding physicals bringing the demand count to 4,840,000 ounces of Silver and with a trading range between $16.59 and $16.555 with the last trade at the high with a Volume of 53 so far this morning.

Silver’s Overall Open Interest remains elevated and will do so till they run out of the physicals with the count now at 204,660 Overnighters proving a reduction of 2,019 short positions showing how precarious the short trade is really in. Once the physicals are drained from this system of delivery, we will see real price gains like those a few years ago when Venezuela, Argentina, and Turkey all reduced their currencies against the value of ours.

We must ask what things would be like if there was a fair playing field within the Futures/FX currency markets. Our fiat is being artificially supported by a market basket of other currencies. These other nations, that lift the value of our currency higher than it should be, are doing so they can keep the costs of their labor cheaper than ours. These same nations have also applied tariffs to our products and have been doing so for years. Now that Trump is doing the same to those that tariffed us first, it seems to be frustrating that basket of manipulators.

This market basket has become an oversized Weimar Cart, filled with over printed – not earned fiat, which has grown to the size of a wagon, with an ass pulling it. This ass drawn cart should be called The International Money Laundering Cart of Suppression, and maybe it will in the future, now that the Ukraine/Biden/Burisma is now front and center. The problem with Deep State is that their antics are being exposed on multiple playing fields to the point that Deep State is being cut, slashed, and crushed, by its own malfeasance, and with its own creation, the fiats. This is not a left/right fight, this is a fight we are all involved in whether we like it or not!

There is no escaping a fiat failure! The value of all currencies printed yet not earned, will devalue to zero PERIOD! It always has and it always will, because printing trillions of dollars on a regular basis, by those that always seem to always need it when their control of the markets goes awry, is coming to an end. The written history of mankind, even with all the BS by the “victor”, proves that HARD money (Silver and Gold) is the real money and everything else called money, is fake.

So, get the real while you can and keep in it in hand! No one knows when the fiats will finish the race at the Zero Hero Finish Line, but they always end there. Those that have Silver and Gold in hand will not suffer like those who hold the promise of a fiat. Have a great day no matter what, keep that smile your face and that attitude as positive as possible, and as always….

Stay Strong,

J.Johnson

Posted by & filed under General Editorial.

One might ask, what if you woke up tomorrow with only the things you thanked your maker for today? We at JSMineset wish you and yours a Happy Thanksgiving!

Posted by & filed under General Editorial.

Happy Thanksgiving to You, your family and your loved ones. I just released a new video ( link below) on the history of Thanksgiving….. a history the Deep State does not want you to know about.

My Mom, the history teacher, passed this on to me many years ago.

Please share this video and information with your family & friends.

Happy Thanksgiving!

Dave

Posted by & filed under General Editorial, In The News.

Bill Holter’s Commentary

Yes, free and unfettered markets…!

BOJ To Start Lending ETF Shares To Prevent Market Freeze
October 29, 2019

While most central banks are contemplating how to gently break it to the public that since they are out of ammo with interest rates at all time low, and $15 trillion in global sovereign debt is now yielding negative – a financial abortion which suggests the value of money is negative – the only hope markets have to avoid collapse is for central banks to start buying stocks in the open market, the BOJ has no such problems: after all the Japanese central bank (alongside its Swiss peer) has for years been quite open that it purchases stocks and ETFs directly. Unfortunately, in its efforts to stabilize the market, the BOJ has been purchasing a little too many ETFs and it now owns far too much.

Last May, speaking to Japanese parliamentarians, BOJ Governor Haruhiko Kuroda noted that the central bank now owns nealry 80% of the country’s stock of ETFs, the result of a program begun in 2010 and ramped up in 2013.

 

 

 

 

 

 

 

 

 

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J. Johnson’s Latest – This Is Silver’s Time Of Intrigue!
October 30, 2019

Great and Wonderful Wednesday Morning Folks,   

      Gold is trading higher under the US Dollar with the December contract at $1,495.20, up $4.50 with the high close by at $1,496.20 and a low at $1,489.10. Silver is higher as well with the December contract at $17.90, up 6.9 cents with the high at $17.92 and a low at $17.75. The US Dollar, which has had 100’s of billions of newly added print created in order to keep up with the bills it can’t pay, is now trading at 97.445, down 2.4 points with the high at 97.51 and a low at 97.36. All of this slow activity happened before 5am pst, the Comex open, the London close, and the very strong possibility of another 1/4% interest rate cut here in the USA.    

      We have nothing but positive trading in the emerging markets this morning with the Venezuelan Bolivar now giving Gold a price of 14,933.31 offering those that hold a 68.91 Bolivar jump in price with Silver trading at 178.776 giving the holders a 20.97 pop in Bolivar value. In Argentina, the Peso has Gold priced at 88,812.80 giving the holder a 377.07 A-Peso increase with Silver at 1,062.96 showing an additional 11.83 in A-Peso value. The Turkish Lira now has Gold priced at 8,557.73, it too showing an increase of 24.169 T-Lira with Silver at 102.455 offering a 1.014 uptick in T-Lira value.    

      Yesterday was the last trading day for the October Silver deliveries with the last count at 60. Today is simply a time out for Silver deliveries with tomorrow being the First Notice Day for the cereal month of November. A Cereal Month is a nice way to say “hardly any purchase” month. The November Open interest in Silver is now at 293 contracts and with a Volume of 1 up on the board with the price of $17.79 as a purchase and sell. FND is when all holders of long positions must have 100% of the margin in order to play the game. The sellers are supposed to have receipts for physical, with the spread traders owning all the background noise inside the hidden data of Comex (aka the moves without a price). 293 Contracts makes the delivery total 1,465,000 ounces of Silver (5,000 ounces per contract) possibly standing for delivery.   

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