Posts Categorized: General Editorial

Posted by & filed under General Editorial.

If you would like the Spanish translated, it says; “When you think Venezuela has no surprises. The prices in the supermarket are in gold”.  Why is that surprising?  Real goods for real money?

Isn’t that the way it is supposed to be and the way it always was?  Something real for something real, instead of something for nothing?

Bill

Posted by & filed under General Editorial.

This interview was made available to subscribers on Saturday July 17, 2021.

This week we had the pleasure of interviewing Lee Justo from Wall St. Silver. In just a few months’ time, they have over 130,000 followers with one thing in mind, buy physical silver and have it delivered. Their message is GOTS using physical silver as the instrument in the hopes of exposing the fractional reserve/fraudulent nature of the paper gold and silver markets. Their website can be found at Wall Street Silver – Silver Squeeze – WallStreetSilver.org

Posted by & filed under General Editorial.

CFTC Commissioner Behnam: will you explain your comments about the silver price being tamped down and controlled.

JSMineset interviews Chris Marcus regarding silver manipulation.

Chris Marcus of www.Arcadiaeconomics.com joined us to give an update on his detective work into the silver manipulation and his letters to the CFTC.  Chris is a true soldier of truth and should be commended for his diligence and bravery!

Letter to CFTC’s Behnam PDF

Posted by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

      Here we are, inside the last days of the April Deliveries, with June Gold trading flat to lower at $1,776.30, down $1.50 and close to the low of $1,773.60 with the high at $1,783.10. Silver is in the green, with the July contract up 4.1 cents at $26.155 after hitting a low of $25.935 with the high at $26.235. The US Dollar is as flat as can be with the trade at 90.845, up 0.006 and close to the high of 90.87 with the low down at 90.655. Of course, all this happened before 5 am pst, the Comex open, the London close, and after the best gathering ever for this sporting event happened in Florida, as the unwoke UFC 261 returned “a sense of normalcy to the sports world” last Saturday night.

       Gold under the Venezuelan Bolivares is now worth 4,442,906,246 proving a pullback of 52,176,454 Bolivares since Friday morning with Silver losing 589,615 with its last trade at 65,431,755 Bolivares. In Argentina, Gold is trading at 165,417.26 Peso’s showing a pull of 1,056.98 with Silver showing a reduction of 9.06 with its last buy price at 2,436.14 A-Peso’s. Even in Turkey, the pullback in the price of Gold stands against the crypto news surrounding the nations freefalling economy with the last trade at 14,781.80 Lira’s showing a drop of 137.23 with Silver losing 1.61 T-Lira’s with its last buy at 217.46.

      April Silver’s Delivery Demands now shows a count of 52 fully paid for 5,000-ounce contracts waiting for delivery and with a Volume of 34 already up on the board with a single price at $26.06, down 1.7 cents, so far today. Hello Mr. Resolute! Friday’s activity, before this past weekends “John Adams interview with Jim and the Boys”, had a total swap of 36 contracts posted up on the board between $26.24 and $26.025 with the very last buy at $26.06, a loss of 11.4 cents on the day, with Comex Calculating the Close at $26.07, a loss of 9.7 cents which only reduced the demands by 3 contracts. Is someone jumping into the April deliveries before the closing of the contract? Stay tooned! Silver’s Overall Open Interest lost only 50 contracts, since Friday morning, with the total count at 172,975 Overnighters doing the dirty against the shortages in the real product. As an added caveat, the May contracts now total 56,381 contracts, which equals 281,905,000 ounces, or over $7billion in paper with only 4 more trading days to go. The shorts are going to have to scare out some very strong Resolutes for this next delivery month to be considered “normal”.

      April Gold’s Delivery Demands are Super Resolute with the count now at 2,319 fully paid for 100-ounce contracts waiting for receipts with a Volume of 350 already trading in between $1,779.70 and $1,770.80 with the last swap at $1,771.10 a loss of $5.90 so far today. This Delivery count represents 231,900 ounces of delayed physical, or $410,718,090 in paper with 2 more days for the banks to deliver, and that doesn’t include the swaps that have already occurred. Tick Tock! Friday’s full day of Delivery activity happened in between $1,794.50 and $1,772 with the last swap, priced at $1,777.10, a loss of $4.10 with the CCC at $1,777, down $4.20 that had a total of 332 swaps which raised the demand count by 196 additional contracts. The physical demands are not the only ones showing an increase, so is the Overall Open Interest, as another 795 contracts got added bringing the total count to 477,495 paper contracts to trade against the physicals.

      This weekends interview seemed to bring it all together. John Adams, the Aussie Economist delivered some well needed hard facts from Down Under, with Jim laying it all out as the global game against the physicals may be coming to an end! This game of deliveries has an overwhelming issue with international warehouses. With Perth, and Kitco, delaying deliveries and not calling their actions a default, it’s only a matter of time before other international warehouses start to come up with excuses for not delivering what is allocated. There was so much talked-about in this interview, one could go many different ways towards the conclusion that the paper game of control is just about over, and as the physical deliveries prove it!

Enjoy this interview, consider listening to it a couple of times, and buy more physicals at these cheap prices while you can. The premiums won’t matter much, once the prices exceed their LOCH’s, while the excuses fly as well as the prices, as the world goes into digital overprint, to keep the fiat system on live support. As always …

Buy Physicals!

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 Wednesday Morning Folks,

      June Gold is up $5.80 with the trade at $1,784.20 with the high at $1,788.70 and the low at $1,776.60. Silver leads the percentages with the May contract at $26.07, a gain of 23 cents after hitting a high of $26.205 with the low at $25.795. The US Dollar, continues to find international support with the value pegged at 91.335, up 10.8 points inside a trading range between 91.37 and 91.10. Of course, all this happened already before 5am pst, the Comex open, the London close, and after yesterday’s events unfolded into a mob rule win.

      Gold under the Venezuelan Bolivar is now priced at 4,208,617,205, providing the holder a gain of 21,701,049 Bolivares with Silver priced at 61,494,591 Bolivares, a gain of 94,351. In Argentina, Gold gained 949.74 Peso’s with the trade at 165,747.85 with Silver gaining 5.12 A-Peso’s with its last buy at 2,421.22. The Turkish Lira now has Gold valued at 14,558.42 proving a gain of 145.92 Lira’s with Silver’s last buy price at 212.77 T-Lira’s, an overnight gain of 1.43.

      April Silver’s Delivery Demands now stand at 175 fully paid for 5,000-ounce contracts waiting for delivery with another zero in the Volume column, so far today. Yesterday’s activity had a total Volume of 1 up on the board with a $25.855 price before Comex opened, and it stayed that way all day long with the CCC at $25.835, a gain of 4 tenths of a penny which helped reduce the physical demand count by 10 contracts. Silver’s Overall Open Interest is hardly moving at all with this morning’s count at 169,699 Overnighters willing to do the dirty against real price discovery as another 281 contracts got added, or Silver would have gained even more value. Another thing is the trading Volumes have dropped off, leaving one the idea that May’s open interest has something inside it that may impose a change.

      April Gold’s Delivery Demands now stand at 2,969 fully paid for 100-ounce contracts still waiting for receipts and a Volume of 126 up on the board with a trading range between $1,783.10 and $1,777.70 with the last swap at $1,782.80, a gain of $5.50 so far today. Tuesday’s delivery activity happened in between $1,774.90 and $1,765.50 with the last buy at $1,776.30, a gain of $6.90 which happened after the CCC at $1,777.30, a gain of $7.70 on the day that had a total of 1,458 swaps helping to reduce the demand count by 832 contracts that may have received receipts, maybe. Gold’s Overall Open Interest lost 1,241 paper contracts since yesterday morning giving us an early morning total of 473,448 Overnighters willing to trade against what is not there, and proving once again, all the activity was inside the delivery system.

     May Silver’s Open Interest is still ahead of any other month’s, which is why I am still using it for the quoting price. July’s OI is 300 contracts away from leading all, which will become the new futures quote moving forward. There is only 5 trading days to go before the April Contract ends and 7 days before the May Contracts become the delivery month, which still has 370,150,000 ounces worth of contracts to be removed or the price becomes their problem. We have the added bonus of not seeing any movement, in size whatsoever, in the delivery system. The total “newly added” delivery swaps in April only reached 212 contracts so far. Inside this count, a total of 95 swaps occurred up to April 14th, and on the 15th, a swap of 95 occurred with no price. Did these purchases come back via EFP’s back into the Comex because London already emptied their warehouses? Or is there something else we cannot see yet?

      Even April Gold’s pending delivery demands are still way the heck up there at 296,900 ounces, still waiting for receipts, and with only a few days to go. We have this idea, for a while now, that these foreign warehouses are using each other’s trading systems to hedge their physical shortages, one has to wonder how deep the paper over physicals really is? One day, we will all find out, all-at-once, when the real prices start to move in order to find real product.

      In the meantime, we have an important guest for this Saturday’s audio. John Adams; the Aussie Economist, who has been successfully hammering the Perth Mint and Kitco, will be with us in a special discussion. We will all be able to glean more data and as the WallStreetSilverApes continue to find every excuse in the world, to buy more and more physical Silver. It just may be, all this activity, from the ground up, and in other nations, has finally reached a pinnacle that the Comex and LBMA warehouses have to deal with.

The Match is On!

1

      Enjoy the day, gather more physicals while the prices are cheap and the exchanges still work. Have a smile on your face and a prayer for all, and as always …    

Stay Strong!

Jeremiah Johnson

JeremiahJohnson@cableone.net

Posted by & filed under General Editorial.

Great and Wonderful Monday Morning Folks

      We start the first trading day of Spring with June Gold down $4.30 with the trade at $1,739.70 after the dip down to $1,728.60 with the high at $1,749.20. Silver is still their big problem with the trade at $25.82, down 50.1 cents after the algos dipped it to $25.45 with the high at $26.35. The US Dollar’s value is following the metals with the peg at 91.775, down 15 points, near the low at 91.755 with the high at 92.175. Of course, all of this happened before 5 am pst, the Comex open, London close, and after another eventful exchange regarding WallStreetBetz, the exchange that protect the illegal short selling of shares above and beyond the real numbers, and those doing the questioning in congress. I especially loved it when one of the critters of congress said a website, where uneducated people go to talk about stock markets, could actually damage the markets integrity. Really?

      In Venezuela, there may be an issue with my currency calculations, with Gold either trading at 3,134,297,246.46 Bolivars, or 17,375.25 Bolivars. See the issue here, if you type in the word “Bolivar”, you’ll see 3 different currencies with 1 considered obsolete. Silver, under the same currency is either trading at 257.88 Bolivars or 46,518,109.39 Bolivars, don’t know about you, but I prefer the higher prices. In Argentina, Gold is now valued at 158,842.45 Peso’s, a loss of 15.63 since Friday morning with Silver at 2,357.45, a loss of 36.17 A-Peso’s. Turkey latest price for Gold traded at 13,800.33 Lira proving an increase of 1,146.32, after Erdogan fires central bank head over the weekend, with Silver last price at 204.68 T-Lira, proving a gain of 14.08.  

      March Silver’s Delivery Demands now stand at 941 contracts waiting for receipts with a Volume of 82 already up on the board with a trading range between $25.955 and $25.54 with the last purchase at $25.69, down 60.2 cents so far today. Friday’s full day of trade happened with only one price posted, at $26.055 which had a total of 194 swaps, yet Comex calculated its close at $26.292, a loss of 2.9 cents that helped reduce the demands by 107 contracts. What do you think, did the centrals know that banker in Turkey was fired before we got word? Silver’s Overall Open Interest gained 655 more short contracts bringing today’s early morning total to 161,531 Overnighters to trade against the shortages in the warehouses that will never be confirmed by any third party, or their gig would be up.

      March Gold’s Delivery Demands are way the heck up there at 1,179 fully paid for contracts waiting for receipts with no Volume, so far today. Friday’s full day of ICE deliveries happened in between $1,742.20 and $1,733.60 with the CCC at $1,741 which had a total of 13 contracts being swapped. The first 11 swaps were done early Friday morning at the high, the last two were at the bottom, with these trades helping to raise the demand count by 1. Gold’s Overall Open Interest proves a gain of 5,266 paper contracts to trade against the physicals bring the early morning count to 472,882 Overnighters.

WallStreetSilverBacks are claiming their ape-ry has buried the Perth Mint. We’ll see in the future, in the meantime, their meme’s are truly inspirational as we enter the Planet of the Silver Back Apes.

      John Adams did have a twitter page, not anymore (maybe) …

image009

image010

image011

image012

    Enjoy the day, get more precious metals at these super cheap prices, Boy Scout Up, and as always …

Stay Strong!

Jeremiah Johnson

JeremiahJohnson@cableone.net

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