Posts Categorized: General Editorial

Posted by & filed under General Editorial.

Great and Wonderful Tuesday Morning Folks,

      Struggle as they may, precious metals are here to stay. Why? Because money is not earned by the banks, they simply print it to keep control of everything (for now) with Gold being held in check after yesterday’s little wake up with the trade at $1,567.30, down $1.60 after being knocked down to $1,557.00 with the high so far at $1,572.70. Silver is doing the same, held in place by the Papier-mâché of the markets with its price at $18.115, down 6.4 cents and recovering from the low at $17.975 with the high at $18.255. The US Dollar’s trade now sits at 96.475, up 12.5 points and right by the high at 96.520 with the low at 96.310. Of course, all of this was done while we slept, before 5 am pst, the Comex open, the London close, and still no impeachment papers by Nancy.

      The fiat issues may really be percolating and showing up first in the emerging markets as Silver lost more value in all 3 currencies we watch, than what was gained during yesterday’s rally which set off the algo emergency control mechanism. Maybe the volatility from yesterday has a far broader meaning for those involved in the global currency swaps. Imo, a war with Iran simply isn’t a big enough issue to cause all the (real and fiat) currency swings. Could it be the Iran issue is a head fake? For instance, in Venezuela, Gold’s price now rests at 15,653.41 Bolivar showing a pullback of 114.86 with Silver at 180.924 Bolivar proving a loss of 3.495 (when it gained 2.447 yesterday). In Argentina, Gold’s price is now at 93,600.33, proving a loss of 707.39 A-Peso’s as Silver loses 20.81 (yesterday’s gain was 14.72), with the price now at 1,081.38 A-Pesos. In Turkey, the Lira has Gold’s value at 9,363.75 showing a 71.40 T-Lira drop in value with Silver now at 108.213, it too, losing 2.143 T-Lira (yesterday’s trade was a 1.515 gain). Silver is and will, become more volatile, stay tooned!

      January Silver Delivery Demands now show a count of 6 fully paid for contracts waiting for receipts proving a drop of 78 obligations from yesterday’s trade with the receipts either being given here at the Comex, or sent over to EFP-Island and with a single trade done so far at $18.015 today. Yesterday’s activity in the delivery month was pathetic as only a Volume of 3 was posted with a trading range between $18.105 and $18.025 with an adjusted closing price at $18.097.

      Silver’s Overall Open Interest, which is totally ignored by those that have no clue how it controls the price, continues to tell the story with the total count now at 234,281 Overnighters, proving the short traders added another 498 more positions in order to tell all of us holders how wrong we are about their claimed price value. At the same time Silver’s OI gained, Gold lost a few shorts after Sunday nights little blast into a 7 year high most likely burying a few unprepared firms.

      As of this morning, Iran seems to be nowhere in the news (except Breitbart), but Weinstein is, not only on the west cost but also the east with some very uncomfortable actors waiting to be outted. Then there’s the recently fired war monger Little Johnny Bolton, who claims to have something to tell as the game of obstruct, delay, f**k sh*t up, moves forward by those that are called deep state. This is the time to look for our Resolute Buyer to step in again. If the price takes a hit, he may be right there, ready to buy more as Deutsche Bank, the criminal element, and other issues that surround the Comex crimes, get ignored by media but not the DOJ.

      Enjoy the day, hold on to the real and buy more physical on the dips. As a cavate, none of this is trading advice what so ever, this is all about holding real money, while the fake gets destroyed inside the control mechanism of the criminal element. Keep the attitudes positive, enjoy the day, and as always …

Stay Strong!

J. Johnson

Posted by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

     We start our first Monday, and first full week of the new year off, with Gold’s price trading slightly higher at $1,578.80 up $26.40 after hitting $1,590.90 with the low at $1,562.30. Silver is still Silver, not allowed the break (yet) with its trade up a little at $18.465, up 31.4 cents after hitting $18.550 with the low at $18.170. The US Dollar‘s current value is now pegged at 96.305, down 21.6 points after dipping down to 96.230 with the high starting point at 96.585. All this of course happened already, before 5am pst, the Comex open, the London close, and after one of the most comfortable celebration parties I have ever been to.

      The Emerging Markets Currency Watch is proving what the markets will do when precious metals are allowed to move freely in the primaries with Venezuela, now pricing Gold at 15,768.27 Bolivar, up 298.63 with Silver priced at 184.419 Bolivar proving a gain of 2.447 over the weekend. Argentina’s Peso, the currency that has yet to be adjusted higher (by reducing the digits to the left of the decimal) now has the nobel metal trading at 94,307.72 giving those that hold a 1,771.86 A-Peso gain (x100 ounces per contract) with Silver now trading at 1,102.19 Peso’s showing a gain of 14.72 (x5,000 ounces per). Over in Turkey, the Lira has Gold trading at 9,435.15 Lira proving a gain of 182.97 Lira with Silver also gaining with its value at 110.356 T-Lira offering those that hold a 1.515 T-Lira gain in value. 

     The January Silver Delivery Demands now show a total of 84 fully paid for contracts proving a drop of 35 requests for physical either getting Silver delivered here, or sent to the EFP-lands of London, and with no trades so far this morning with the exception of those possible trades that are posted inside the parenthesis’s (). Friday’s trade activity inside the delivery month proved a Volume of 83 with a trading range between $18.11 and $17.965 with the closing price adjusted to $18.065.

      Silver’s Overall Open Interest, the one part of the trade that strict chartists have no clue about, continues to gain more controlling shorts with the count now at 233,783 Overnighters, proving an increase of 2,621 more short contracts jumping in, losing more money as the prices gain and as the Resolute buyer awaits for his chance to pounce in again! Not only is Silver gaining more shorts but Gold continues to break new Open Interest ground by adding more contracts behind the price with its total now at 799,504 (thank you Harvey O.) proving a gain of 12,755 overnighters willing to tell us holders how wrong we are. Are we seeing a Commercial Signal failure or another head fake? Go team! One day the idea of removing the physicals from the Comex at these prices, will really do some damage to the short trade, if hasn’t already. 

      While all media was attempting to fire up the “fear trade of war” inside everyone’s mindset, we celebrated the 60th birthday of Bill Holter and yes Jim Sinclair was there. In my entire life, I have never been to a gathering where everyone was talking to everyone about everything. Some of the greatest writers and supporters of precious metals were all elbowing one another in friendly fashion and even the political discussions had zero issues. No one cared about political affiliations at all, in fact, everyone allowed everyone their voice to be heard! It reminds me of the days of “All in the Family” and “The Jefferson’s” and the Trump Stadium gatherings, all at once. What a time to be an American!

    Hang in there Baby, keep the faith, and make sure to set that attitude to positive, no matter what is going on in your life, and as always …

Stay Strong!

J. Johnson

Posted by & filed under General Editorial.

Great and Wonderful First Friday of 2020 Folks,

      We start the day off with Gold trading higher with the “now” price at $1,548.90, up $20.80 after reaching $1,554.00 from a low of $1,530.40. Silver is still Silver, even when bombs that may require this metal are dropped, with the trade at $18.22, up 17.4 cents after hitting $18.325 with its starting point at $18.055 during the overnight. The US Dollar is getting supported as well with its value pegged at 96.685, up 16 points after the trade reached up to 96.795 with the low at 96.395. Of course, all this was done before 5 am pst, the Comex open, the London close, and after the Iranian leaders sent one of their general’s, along with support units, into a land not their own, in order to make a statement against our country. That’s a very special kind of stupid right there!

      In Venezuela, Gold now has a value pegged at 15,469.64 Bolivar, proving a gain of 233.71 overnight with Silver now getting 181.972 Bolivar for an ounce, a gain of 2.547. In Argentina, Gold is now priced at 92,535.86 Peso’s proving a gain of 1,268.20 Peso’s in a single night with Silver at 1,087.47 A-Peso’s, a gain of 12.68. In Turkey, where the hostile activities are much closer to their borders, Gold is now priced at 9,252.18 Lira proving a gain of 160.54 with Silver gaining 1.774 with its price at 108.841 T-Lira.

      January Silver Deliveries now show a demand count of 119 fully paid for contracts waiting for receipts and with a Volume of 51 up on the board so far this morning with a trading range at $18.11. Yes, that again is the high/low/last and up 14.4 cents from yesterday’s 2 Volume trade that caused the market to settle lower than the physicals, which were purchased at $17.99 and $17.98, yet the Comex adjusted settlement is at $17.966. The physical demand count fell by 97 contracts during yesterday’s trade proving something we can’t confirm with simple Comex accounting. Either these receipts got settled here into physicals, transferred into a warehouse at the Comex, or were sent to London via EFP paper, so it can be sent back here in a pump and dump fashion again (maybe).   

      The Overall Open Interest in Silver now has a count of 231,162 Overnighters proving the point that 1,462 more short contracts, had to be created out of thin air, to offset the buy orders to neutralize the price more than it should. Comex shorts are only 13,034 contracts away from breaking new all-time high territory. At the same time this is going on, Gold is doing the Silver  “thang” as more and more short contracts had to be created in order to tell the buyers, how worthless it is to hold real money against the paper. Gold’s new life of contract high in paper, not price, is now at 787,920 Overnighters.

     The definition for the term “Overnighters” is the total amount of “buyers” and “sellers” combined. These Overnighters are algo positions as well as the individuals and hedge funds, willing to keep their money at risk over a 24-hour period. Open Interest is the proper term for this, yet the explanations are the same. Regardless, both precious metals have huge increases in paper contracts but not the physicals. Physicals are only found in the earth and it is limited, unlike the paper mâché used to control the price in the markets.

      A Commercial Signal Failure may be set up right here and now! I’ve been involved with a few of these events in the commodities sector over the past few decades with vivid memories when Corn, Soybeans, Wheat, and Cattle, which all blew out the shorts when they discovered they were on wrong side of the trade. Over the past few years, the controllers of paper have had their day, it may be the time when the paper game loses to rock (in paper, rock, scissors fashion). We will know for sure when physicals, needed to supply the game of paper, cannot be found at the Comex. All that can be said now is stay tooned, we’re still waiting in a game where the waiting is the hardest part!

      Enjoy your weekend, keep a positive attitude in the head no matter what, keep your metals as close to you as family, and as always …

Stay Strong!

J. Johnson

Posted by & filed under General Editorial.

Great and Wonderful first trading day of 2020 folks,

      Gold starts the year off right with the trade at $1,525.50, up $2.40 and right by the high at $1,525.90 with the low at $1,519.70. Silver is still Silver, tagging along with the trade at $17.965, up 4.4 cents after hitting a high of $18.005 with the last night low at $17.830. The US Dollar has a bounce in its step with the trade now at 96.355, up 29.7 points after reaching up to 96.425 with the low at 96.100. Of course, all of this was done before 5 am pst, the Comex open, and the London close.   

      In Venezuela, Gold is now priced at 15,235.93 Bolivar showing a gain of 16.98 since Tuesday’s tally with Silver now priced at 179.425 Bolivar showing a 1.099 pullback. In Argentina, Gold’s value under the Peso is now pegged at 91,267.66 Pesos, showing a gain of 13.48 with Silver at 1,074.79 showing a reduction of 7.56 in A-Peso value. The Turkish Lira’s value for Gold is now priced at 9,091.64 proving a gain of 24.33 Lira with Silver losing 0.484.

      January Silver Deliveries are in full swing now with the physical demand count at 216 fully paid for 5,000-ounce contracts waiting for receipts either to be delivered here at the Comex or sent to London (so they can be sent back here in pump and dump fashion). So far this morning, there has been no purchases made so we have no trading range to post as of yet.

      During Tuesday’s trade, the delivery month’s Volume was equal to the Open Interest of 232 Contracts, inside a trading range between $18.065 and $17.80 with the last trade settled at $17.825. So, what this is suggesting is 100% Volume Vs. Open Interest was traded, inside the delivery month, and the prices dropped? Riiiight! Like the holder of the product is worried about lower prices when the costs of extraction are sharply higher than what is described as a real price.

      The Comex delivery system has a solid consistency, to opaque everything, as we wait to see if the Resolute Buyer stepped in and doubled Tuesday’s original Open Interest with the Comex delivering the posted 232+ contracts already waiting in the supposed FIFO (deliveries are supposed to be First Order In – First Order Out) claims at the exchange, or, if this was a spread trade “out” of these posted orders for physical? Here’s what the numbers might mean; it’s possible that only 16 contracts were delivered on Tuesday with a Volume of 232, or 232 more purchases were made as 248 contracts got receipts, or the mish mash in the middle of these two examples? This system has issues alright, which is why we are here reporting on it. We, of course hope the Resolute Buyer is doubling down going into the Soaring 20’s of Precious Metals, and that this Resolute Buyer is a manufacturer with needs. 

      Nothing screams calm like the Overall Open Interest in Silver as the shorts continue to acquire more paper with the Overall Count now at 229,700 Overnighters proving a gain of 2,842 more shorts in order to stay the price. At the same time, Comex Gold continues to gain more paper as well. This is exactly what we look for in a commercial signal failure, rising open interest, rising prices, and low inventory. Nothing to worry about huh?

      Each day and for years, if not decades, we survived the slings and sucker punches given by those who are allowed to add paper to suppress the prices instead of allowing the prices to move upward with the restrictions on paper. There should be a figured mechanism that restricts the issuances of this additional paper being added to the Comex by the centrals who have controlled the price via a criminal element. This will either end with the CE being forced to close its precious metals trade desk under RICO, or the last bar gets taken out as the COMEX is forced to find product. We should be encouraging those that can, to buy up those large bars at Comex and to swap them out into USA Legal Eagle precious metals tender!

      Nothing says Happy New Year, like a Resolute Buyer, the continuing saga of “more papers please” and the reduction of physicals, all happening at the same time. Enjoy the day, the year, and the physical possession’s you hold in your hand. When the currencies find their natural price, you will be more thankful for having the physicals, than those that opposed the ideas with paper …. Keep the faith, the attitudes positive, and no matter what …

Stay Strong!

J. Johnson

Posted by & filed under General Editorial.

Great and Wonderful Last Day of 2019 Folks!

    We have a good start for the last day of the year with Gold up $5.20 with the trade at $1,523.80 after being driven up to $1,529.00 before the “calming down” affect was put into play with the low at $1,517.50. Silver is tagging along as usual with the trade at $18.075, up 7.4 cents after reaching $18.20 with the low at $17.965. The US Dollar, which is the only reason why precious metals has not exploded in price (here), is still losing steam, and more than precious metals are rising, with its value pegged at 96.105, down 30.2 points and at the low of 97.085 with the high way up at 96.415. Of course, all this happened already before 5 am pst, the Comex open, the London close, and still not a peep from California’s Nancy Squad who is making sure they win against the majority vote by “Any Means Possible”, even if it’s unfair or illegal.

      Venezuela’s Bolivar now has Gold gauged at 15,218.95 Bolivar proving a gain of 85.89 Bolivar overnight with Silver gaining 1.598 Bolivar with the price pegged at 180.524. Argentina’s Peso, which has yet to have their currency digits reduced (like Venezuela), now has Gold priced at 91,254.18 Pesos showing a gain of 594.45 in A-Peso value with Silver now priced at 1,082.35 Pesos, a gain of 9.15 in the overnight. Over in the lands of Turkey the Lira, which has a closer value to the Dollar’s peg, now has Gold priced at 9,067.31 Lira showing a gain of 51.80 with Silver gaining 1.044 overnight with its last price of the year at 107.551 T-Lira.

      January Silver Deliveries are now in full swing with the Demand Count now at 233 fully paid for contracts (dropping 24 from yesterday) waiting for receipts to either take delivery here at the Comex, or get their pieces of paper sent over the trusting lands of London. Yesterday’s activity in January ended with a Volume of 82 and with a trading range between $17.91 and $17.85 with the last trade at $17.89 ending with an adjusted settlement price of $17.908.

      Over the past 4+ years, Silver’s Overall Open Interest has remained elevated, with the prices subdued because the burden of paper overwhelms real price discovery, and that has yet to lapse with this mornings count at 226,858 Overnighters proving 1,067 more shorts had to be “applied to the lie” we call the price. When it’s all said and done, the solution will present itself at the Comex!

      By law, the Comex is obligated to find these products at the prices they claim, or the entire Commodity Complex will melt Up/Down! The increased prices will include Precious Metals, Foods, Energy, Softs, everything physical that is traded at the Exchanges which in turn will leave all the bankers play toys (all debts, treasuries, currencies, et al) looking like paper-chaff on a windy day. The Crossfire Hurricane phrase may be an applicable expression when this happens. We’ll all be in it when the prices really move, and whether we like it or not. Preparation is why we write our missives.

     Gold is another one of those commodities that has a CFTC approved overbearing amount of paper applied to the price with last night’s World Record closing Comex Count at 772,683 Overnighters proving a paper increase of 5,606 more shorts as Gold gained only 50 cents. One has to wonder how many other commodity markets have this overbearing; paper shorts applied to the price we know is a lie? We must keep in the back of our heads the Q-Quote #2619; Yes. Gold shall destroy FED. How? Maybe by letting the criminal element have its way at first, then not allowing them to change the rules when they run out of product, like they did in 1980 with Silver.

     Happy New Year Everyone! Keep the attitudes positive, have a smile on your face no matter what, and as always …

Stay Strong!

J. Johnson

Posted by & filed under General Editorial.

Great and Wonderful last Monday of the Year Folks,

      Gold is following Silver’s signal, made on Friday, with the trade at $1,515.20, down $2.90 after dipping to $1,513.50 with the high to beat at $1,519.10. Silver is still signaling (like it will continue to work) with the trade at $17.915, down 2.8 cents after hitting a low of $17.83 with the high at $18.005. The US Dollar is flat to lower with the trade at 96.50, down 4.6 points after dipping to 96.385 with the high at 96.630. All of this was done before 5 am pst, the Comex open, the London close, and after Team Nancy figured the only way to beat any conservative or Trump supporters is by removing their party from the California ballot. Tom Fitton is all over it! I Love Q, Judicial Watch, and Veritas Videos!

       Gold in Venezuela is now being priced at 15,133.06 showing a 3 Bolivar drop in value with Silver at 178.926 proving a loss of only 0.005 of a Bolivar over the weekend. Argentina’s Peso has Gold valued at 90,659.37 showing a loss of 111.40 Peso’s with Silver at 1,073.20 proving a 1.590 A-Peso gain. The Turkish Lira now has Gold valued at 9,015.51 Lira showing a loss of 13.22 with Silver at 106.507 T-Lira’s losing only 0.258.

      December Silver’s Delivery count ended Friday with no additional fanfare for our support side with today being a set up for tomorrows First Notice Day for January Silver. Friday’s ending numbers for Red Silver showed a Volume of 9 with a trading range between $17.92 and $17.93 with the last trade for physical at $17.93 with the Comex adjusted closing price at $17.849 proving our point that the paper is leading the trade when the trade should be leading the papers. January Silver’s Demand Count now sits at 257 contracts and with a Volume of 35 up on the board so far with a trading range between $17.90 and $17.855 with the last trade at the low. Some of these contracts will have to clear out by tonight’s close, that is, “if” they decide not to take delivery.

      Silver’s Overall Open Interest remains ridiculously elevated compared to what has been extracted and traded in physicals with the count now at 225,791 Overnighters showing a reduction of 14 contracts since Friday mornings quote (not the Comex closing numbers). This leaves the shorts only 18,405 pieces of paper away from doing what Gold is doing, telling everyone who owns Gold, that the paper is controlling the roll (for now). Gold’s Overall Open Interest continues to break new territory (but only in the papers) with Friday’s closing numbers at 767,077 Overnighters. One day there will be no more Comex Gold or Silver physicals to take delivery of, leaving only the obligated papers, a criminal element in control, and a regulated market, looking for a reason to remain viable.  

      Tomorrow is a partial day; we don’t expect much to occur today or tomorrow but we would love to be wrong. After all, the DNC still controls the accusations on television but not the evidence in a court room or Senate, and the evidence keeps piling higher and higher as the game of politics reveals itself and from what I’m gathering, people are very pissed off. We strongly suggest to everyone to Stay Calm! Nancy and her friends are doing just fine. They are establishing all the reasons for “their” removal from office, legally. In the meantime, we have Q who is telling us what the media and their political ties are doing against the will of the people. If people think removing the majorities party is acceptable, because their feelings were hurt, they’ve felt nothing yet! So, keep searching for the truth, have 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 Friday Morning Folks,

       Gold is still adding digits to its value with the trade at $1,515.50, up $1.10 from the Comex close with the high at $1,518.70 and the low close by at $1,512.10. Silver is giving “the signal” that failed the last time with the trade at $17.92, down 7 cents after hitting a low of $17.845 with the high at $18.025. The US Dollar finally got unstuck and is weakened after being supported like it has with the trade at 96.77, down 34.5 points with the low nearby at 96.735 and the high up at 97.160. Of course, all of this was done before 5am pst, the Comex open, the London close, and after Nancy was given the honors of being Trumps number one fund raising “employee of the month”.     

           The Emerging Markets Currency watch is something we do to point out what will happen when the plug of support is pulled from the currency tub when measured against the precious metals. For instance, Venezuela is now proving Gold’s worth in Bolivars with the value pegged at 15,136.06 proving an additional 42.95 more Bolivars are needed to buy an ounce with Silver at 178.976 Bolivar proving a loss of 1.348 overnight. Argentina’s currency, unplugged from the Banker’s Matrix, now has Gold valued at 90,770.77 Peso’s showing a gain of 481.41 with Silver at 1,071.61 Peso’s showing a 7.41 A-Peso drop in value. The Turkish Lira, the most recent currency that’s missing it’s plug, now has Gold valued at 9,028.73 showing an additional 52.11 Lira is needed to buy an ounce with Silver valued at 106.765 showing a loss of 0.478 T-Lira.

      Keep this thought in the back of your mind, at one time the Argentine Peso was linked 1 to 1 to the US Dollar. When Jim and Bill talk about the value of Gold going into the stratosphere, these emerging currencies help prove the point! Wait till the plug of a primary currency is pulled, then compare that move to these emerging market currency moves that increased the value of precious metals in their respected nations. What a time it will be to remember all those people who quickly responded that this is not going to happen and claimed the idea of Gold going to $80,000+ US Dollars, is not possible! I agree with Jim and Bill! Just look at the hundreds of billions of dollars being created this week (and since Sept 17th) out of thin air, that had to be put into the debt-based system to tell us how wrong we are about Silver and Gold.

      How many other emerging market currencies have to be devalued before a primary goes? Will other emerging currencies be used first to keep the system awash in fiat before a primary gets the plug pulled? What will interest rates do to the system, if they are cut, or added to, during this period of time? Do you need any more evidence to hold Silver and Gold? I don’t!

      Yesterday’s activities in the December Silver Delivery contract became more active with a Volume increasing to 53 by the Comex close, and by widening the trading range from a penny to a 10.5 cent range between $17.985 and $17.88 with the last single lot trade at the low with the adjusted close at $17.894. Also, of note from yesterday’s activities is the increase in the demands for physical which now stands at 61 proving an additional 5 lot order was added to the demand count but no showing where the other additional volume landed. Was it EFP’s to London or did more pending orders get filled as we close out the week? At this very moment, there has been no activity in the delivery month at all. Maybe when the Comex opens the Resolute buyer will still be Resoluting.

      One thing for sure, the Comex shorts are still not afraid (when they should be) as the Overall Open Interest gained another 2,633 more short positions putting the total now at 225,805 Overnighters on a 13.5 cent increase in price. The highest Open Interest in Silver Ever (and so far,) is 244,196. Comex Short Traders are only 18,391 positions away from proving once again that the system is failing as more paper is allowed to be used instead of allowing the supply and demand to control the price. Also, Gold made a new “Life of Paper Contract High” as well with its new total at 755,719 Overnighters proving a paper gain of 6,982 more short contracts against the price.

      So much is going on and at the same time so much printing has to happen to keep liquidity high. In the meantime, we still suggest people hold onto the physicals, in their own hands and out of the system. Enjoy the day, have a great weekend, and fear not, because you hold Silver and Gold!

Stay Strong!

J. Johnson