Posted at 8:31 AM (CST) by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

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

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

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

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

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

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

Stay Strong!

Jeremiah Johnson

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

Posted at 12:14 PM (CST) by & filed under

By Greg Hunter’s (Saturday Night Post)

Journalist Alex Newman says don’t let all the calls for President Trump to step down fool you into thinking Trump is a one term President.  The Deep State Democrat globalists never imagined Trump would fight this hard against the massive election fraud that made Biden the pretend president.  The Deep State is freaking out, and this is why so many on both sides are calling for Trump to give up.  He’s NOT going to simply give into massive fraud.  Newman says, “I think the Deep State is very, very concerned about what President Trump might be thinking.  The President is clearly promising to fight. The media completely ignored it, but the President just put out a video on December 22 that says look, I am going to use every legal and constitutional means at my disposal to make sure that this election is not won through fraud. . . . He’s not going anywhere, and he’s not going to be giving up simply. . . . When you read the Constitution, Trump has an obligation to act here. . . . In the Constitution, it says the United States is obligated to guarantee a Republican form of government.  That means we have the rule of law. . . . That means what happened in these states where the vote was just blatantly rigged has to be addressed.  We had bureaucrats, judges and governors changing the rules of the election so they could commit fraud.  All of that needs to be stopped, and the U.S. government has an obligation to step in.”

There are multiple court cases sitting in front of the U.S. Supreme Court.  Will the judges rule against the fraud?  Who knows, but if they don’t, the President can act using something called the “Insurrection Act.”  Newman explains, “When you read the Constitution, the Founding Fathers saw fit to authorize the U.S. government to call up the militia or the U.S. armed forces into federal service when there was an insurrection or even to enforce the laws of the Union if necessary.  It is spelled out clearly in the Constitution. . . . Congress delegated that authority to the President under the ‘Insurrection Act’ under President Thomas Jefferson.  That has been upheld as constitutional and has been on the books for over 200 years.  So, in a worst case scenario, President Trump still has options.”


Posted at 1:07 PM (CST) by & filed under General Editorial.

Originally published for subscribers on December 22, 2020

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

Posted at 11:03 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Because Johns Hopkins only wants “the truth” out there…? Can you imagine how hopping mad people will be whe they do finally discover TRUTH?

Johns Hopkins Newspaper Removes Study Examining COVID Death Rate
December 21, 2020

Johns Hopkins University’s student newspaper, the News-Letter, reported on a university presentation stating that COVID-19 “had no effect on the percentage of deaths of older people” and that the virus “has also not increased the total number of deaths” in comparison to historical data. However, the paper later removed the article, stating that it had been used to support “dangerous inaccuracies” on social media.

Assistant Director for the university’s Applied Economics program Genevieve Briand critically analyzed the net effect of COVID-19 on deaths in the United States based on historical data. Using information from the Center for Disease Control and Prevention, Briand identified the percentages of total deaths per age category both before and after the pandemic began.

“Surprisingly, the deaths of older people stayed the same before and after COVID-19,” said the News-Letter’s article. “Since COVID-19 mainly affects the elderly, experts expected an increase in the percentage of deaths in older age groups. However, this increase is not seen from the CDC data. In fact, the percentages of deaths among all age groups remain relatively the same.”

Though deaths in categories like respiratory illnesses and heart disease seasonally rise and fall together in the United States, Briand noticed a strange trend.