Posted at 10:26 AM (CST) by & filed under General Editorial.

Great and Wonderful Wednesday Morning Folks,

     Gold is trading in the positive with the April contract at $1,575.90, up 10 cents after hitting $1,577.40 with the low at $1,567.90. Silver is in the green as well with the March contract at $17.475 up 1.7 cents after hitting $17.515 with the low at $17.280. The US Dollar is also trading in the green with its value pegged at 97.915, up 8 points after hitting 97.955 with the low at 97.760. Of course, all of this already happened before 5 am pst, the Comex open, the London close, and just days away from the Brexit.

      Venezuela’s currency now has Gold’s valued pegged at 15,739.30 Bolivar showing a loss of 21.97 with Silver at 174.532 Bolivar a loss of 4.244 during the overnight. Argentina’s Peso now has Gold priced at 94,696.52 Peso’s proving a pullback of 117.77 with Silver losing 25.42 with its price at 1,050.10 A-Pesos. The Turkish Lira, oddly enough, is showing a gain of 6.42 in Gold’s value with the price at 9,390.13 Lira with Silver at 104.114 Lira pulling back 2.32 more from the previous quote.

      The end of January Silver’s Delivery’s is today with the Demand Count (also known as Open Interest) at 10 posted up on the board after another purchase was made and without price during yesterday’s trade. As of our write up, there is no Volume posted yet as we await the Resolute to step in again (purdy please).

      Silver’s Overall Open Interest now sits at 231,884 Overnighters proving 6,204 short contracts exited the trade after crushing the price in order to take away the “in the money” profits from the Buyers of Calls and after the Silver Signal was given via the Algo System, which was created to make things more efficient (and more hidden) as the emails and phone calls were replaced, as evidenced, given to the CFTC during its 5 year Silver investigation, proving who’s side the governing body is truly on. How much control a criminal element has, should be the focus of the governing bodies, but their ideas of more control over more issues makes the point mute for now.

      Gold’s Overall Open Interest fell by 33,065 Overnighters after yesterday’s options expiration and price crush which brought the new total down to 718,916 Obligations, for the last day of January’s Deliveries. The issue today (besides the final purchases for Jan) and tomorrow, is what is left of the Open Interest in February’s contracts. The total this morning is 102,127 contracts that have to be out by Friday, that is if they do not want to take physical delivery. At present the February OI points to a very heavy demand over 10 million ounces. What we’ve witnessed so far this week is a heavy hand of shorts, forcing the coronavirus fear trade out of the market, to facilitate a theft in value in order to keep the system static.

      The game of paper over physical is still showing itself to be in control. We stand right in the front lines at the Comex, knowing the deliveries will take over the control of paper, when the controllers lose sight of sellers, stupid enough to sell at prices below refining. If there is any doubt in your mind about this, let this interview Chris Marcus had with Keith Neumeyer help remove it: Silver Supply and Demand Positions First Majestic For Great Success.

      Enjoy the day, keep that smile on your face and a positive attitude in the head, no matter what is going on around you, and as always …

Stay Strong! 

J. Johnson

Posted at 9:51 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

This is a very long and in depth view of the gold market with possible outcomes over the next 20 years. Well worth it if you have the time to read it entirely.

The Future of Gold from 2019 To 2039
Here you can find Sam’s extensive Thesis on Gold. In the Thesis, Sam examines the Developments in the Gold Market, Cycles Analysis, Gold Market Fundamentals, Gold’s Monetary Perspective, Central Banks’ relation to Gold, the flaws in the Efficient Market Hypothesis, Gold Market Manipulation, Gold’s history and many other smaller topics. The report is a form of Market analysis and aims to provide a reliable picture of where Gold prices and Gold usage are heading over the next 20 years. As the report is a full 200 pages, feel free to examine the subjects you find interesting – or alternatively read the whole paper!

This report is an extensive gold market analysis which examines the future of the gold market starting from 2019 and ending to 2039. For the purpose of this report, seven internationally recognised professionals including Gary Savage, Alexis Stenfors, James Rogers, David Brady, Brent Johnson, David Morgan and Jan Von Gerich were interviewed and over one hundred independent sources were examined.

Aspects discussed in this report include gold’s monetary history over the past 150 years, the world’s current monetary system, the supply and demand factors of the gold market as well as the structure of the gold market itself, financial market manipulation and market efficiency, cycles analysis as well as the geopolitics around gold. The report examines all of these subjects individually after which these aspects are used to form a reliable and thorough market analysis.


Posted at 9:48 AM (CST) by & filed under

By Greg Hunter’s

Renowned geopolitical and financial cycle expert Charles Nenner says his “stock market cycle has topped.” Look no further than the more than 400 point pounding on Monday for proof. Nenner says, “If we see a good close on the S&P futures for March below 3230, that’s only a couple of points away from here. Then we get lower price targets, and then this could turn into something much more serious. . . . These bull markets don’t stop on a dime. So, we can go up and down and up and down. . . . People always think there is a buying opportunity . . . but this market will go down in a strong, strong way.”

Nenner is not waiting. He is instructing his clients that “It’s time to sell. We are totally out of stocks. . . . There is a difference between insiders and small investors. Small investors are upset if they miss another two or three percent to the upside, while the big investor is afraid they can lose 40% to the downside. I am afraid they can lose 40% to the downside. I am standing aside unless I see something totally different.”


Posted at 9:42 AM (CST) by & filed under General Editorial.

Great and Wonderful Tuesday Morning Folks,

       The money-maker called Options Expiration Day is here with Gold doing what it almost always does on this day, trade lower with the April contract at $1,578.10 down $5.60 and at the low with the high to beat at $1,588.50. Silver has been leading the charge lower, ever since yesterday, giving us “the signal” with its trade at $17.90, down 16.1 cents with the low at $17.87 and the high at $18.115. The US Dollar is still king of the currencies with the trade currently at 97.90, up 13.3 points and the high so far with the low at 97.715. Of course, all this happened already before 5 am pst, the Comex open, the London close, the start of the FOMC meeting, and a whole list of stories surrounding the coronavirus and quite possibly the largest quarantine ever in mankind’s history.

      In Venezuela, Gold’s value dropped a bit with the current price at 15,761.27 Bolivar showing a loss of 118.86 with Silver at 178.776 Bolivar producing a 34.96 loss in value. In Argentina, Gold’s value is at 94,814.29 Peso’s, taking back 556.68 which is only a portion of yesterday’s gains with Silver at 1,075.52 Peso’s taking away 19.92 in value. The Turkish Lira has Gold priced at 9,383.71 Lira, a loss of 72.38 from yesterday’s gains with Silver at 106.434 T-Lira taking back 2.095.

      January Silver Deliveries have all been settled out with absolutely all of the pending orders that were waiting for receipts, getting them and have left the arena of play leaving the Demand Count at Zero this morning and with no Volume either. Not sure if this is an oddity or not, I simply do not recall seeing zeros on Options Expiration Day before. Also, of note, we now have 1 more day of trade before the closeout of the January Cycle with this Friday being the first notice day for the February Deliveries. Will Mr. Resolute show up again today? Let’s face it, the past 4 days of trade brought in over 3 million ounces of demand making things uncomfortable for the shorts who have no choice but to deliver.

      Silver’s Open Interest is still proving our point and at every turn. Where would the price be if it wasn’t for all this paper controlling the price? As of this moment, the Open Interest in Silver is at 238,088 Overnighters proving a gain of 4,652 more short contracts having to be added into the Comex in order to “stay the climb” during Sunday night and yesterday’s viral panic. This leaves the criminal element 6,111 more short contracts before breaking new ground in order to keep things static.

      Gold’s Open Interest is also proving how precarious things are as its Overall Count dropped 36,281 Overnighters during yesterday’s fear trade leaving a total now at 751,981 Obligations proving what can happen when the rats jump ship as the ratio spread starts to wobble and the idea of a supposed unexpected fear surfaces right on time.

      Coronavirus may be a worthy reason for worry, not only health wise, but supply chain wise as well. The viral airborne virus spread supposedly takes 2 weeks before the symptoms become noticeable. The “spread” has already happened several weeks ago with the chance of the virus widening the infected area and all over the world because of the way we travel. What needs to happen now is to see a slowing of the spread and absolute containment. Also, of note, when has anyone trusted what any government has to say, when what comes out of their mouth is “remain calm”? Especially China, and its truth ministry. A Global economic reversal could be around the corner, with frightening results for those who have no preparations.

      We’ll pray for no more deaths, as the markets have no choice but to obey all supply and demand numbers, which have not been doing well at all even with all that Repo-Printing, and as the M2 money supply heads to new low territory.

      Regardless of the events of the day, we remain vigilant and confident. We’ll keep a smile on our face and a positive attitude in our heads no matter what, because we are prepared, hopefully you are too. Stay Resolute and …

Stay Strong

J. Johnson

Posted at 11:27 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

An interesting take from Steve Quayle on China playing their gold card. It may not be far off?

Keep Your Eyes On Hong Kong China’s Financial Center And Keep Eyes On Shanghai Chinas Manufacturing Center
January 26, 2020

China is shutting down the biggest manufacturing city in china with profound global impact both for goods and financial markets…..also shanghai is about 1/3 locked down already (silently) with likely the whole city locked down shortly.

China blew it big time! China owns between 20,000-29,000 tons of gold,they will have to make up for their huge loss of national sales and export losses. China,may choose to play their gold card through a currency backed by gold or crypto currency,tied to gold. The spot price of gold will surge to produce multiples of the current gold spot price and may happen rather quickly,as they will need foreign currency to recover from this epidemic and to re- assert themselves in the manufacturing world.,as it stands now they can not feed their biilon plus population without vast imports of foods and necessities.


Posted at 11:22 AM (CST) by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

      April Gold gapped higher right at the opening, but is now trading at $1,590.00, up $11.80 after hitting $1,594.70 with the low that filled the gap at $1,581.60. Silver gapped and filled as well with the trade now at $18.25 up 13.7 cents (a penny above the open) with its “right at the open” high at $18.375 with the low at $18.145. If there was a currency scare, it would have shown up in the Dollar, and it’s not, with the currency value pegged at 97.720, up 7 points and right by its high at 97.74 with the low to beat at 97.590. Of course, all this already happened, before 5 am pst, the Comex open, the London close, before the end of the months position squaring, the options expiration, and the final days of Brexit (at last).

      Our emerging markets currency watch continues to lead with Gold under the Venezuelan Bolivar now at 15,880.13 proving a gain of 256.63 Bolivar with Silver at 182.272 Bolivar giving those that hold another 4.295 gain in value. In Argentina, Gold is now priced at 95,370.97 A-Pesos showing a gain of 1,511.44 over the weekend with Silver now at 1,095.44 Peso’s adding 26.14 to its value. The Turkish Lira now values Gold at 9,456.09 showing a weekend gain of 163.78 Lira with Silver at 108.529 Lira proving the addition of 2.656 in value.

      January Silver’s Delivery requests jumped quite a bit during Friday’s Comex trading period as the Volume increased from the posted 100 in the early morning write up to 280 confirming how strong the demands for physical are, proving 1,400,000 ounces of physical traded on Friday alone, with a trading range for the last batch between $17.870 and $18.050 with the adjusted closing price at $18.057. As of this morning, January Silver’s Volume is at 2 with no price once again and with a Demand Count of 228 proving that 52 contracts might have gotten settled somewhere in between the open and closing of Comex, then there’s the 103 contracts that were on the board Friday morning that got settled, or traded, or whatever?

      This morning’s Overall Open Interest in Silver is now calculated at 233,436 Overnighters proving the point that Silver would be substantially higher in price, if there were restrictions placed on the Bankers Paper. This proves 2,517 more shorts had to be added in order to stay the price. Silver’s short traders are now only 7,760 positions away from breaking new ground in paper over price.

      Gold’s Overall Open Interest is now calculated at 788,262 Overnighters, proving 11,842 sellers, jumped the rat-infested ship of shorts since Friday’s write up, and just before tomorrow’s Options Expiration Day, then Wednesday’s Last Trading Day for January, ending with Friday’s First Notice Day for February Deliveries. There may be one hell of a punch coming this week to the precious metal’s prices, we’ll sit right here and report it.

      This last week, of the first month of the new year, may be quite telling. We pray the virus scare is contained at the same time the containing of precious metals prices gets removed. Let us keep a positive thought no matter what is going on around us, have that smile ready for everyone you meet, and no matter what, have the convictions of JOB and stay the course, as always…

Stay Strong!

J. Johnson

Posted at 12:07 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

So what happens when people find out these bonds can never be paid off in current purchasing power terms? What will be the “safe haven” then? It’s OK, you already know…

Bonds Look Like They Are Flashing A Warning For Global Markets
January 24, 2020

A key interest rate is moving to levels last seen in the fall when markets were worried about the trade war, and that falling yield may be a warning signal.

Investors have been buying bonds big time this week amid fears the coronavirus could spread and impact the global economy. Yields move opposite price, so as investors jumped in, the 10-year note yield has dipped to 1.68%, its lowest level since the beginning of November, and it could keep moving lower.

In the past week, the yield has fallen from 1.83%, as investors fear the virus could have an immediate impact on the economy in China and broader Asia, and then ultimately chill global growth. The 10-year is important since it influences a whole slew of loans, including home mortgages.


Bill Holter’s Commentary

A 7 minute video with a mainstream money manager…WOW! He is telling the truth and sounds like an Austrian taught economist. Make sure you watch the last 30 seconds, he is correct for the correct reasons!

Why Guggenheim’s Minerd Sees the Market as a ‘Ponzi Scheme’
January 22nd, 2020


Posted at 11:59 AM (CST) by & filed under

By Greg Hunter’s (Early Sunday Release)

Legendary geopolitical and financial analyst Martin Armstrong says, “The Fed is trapped. If it stops (injecting money into the repo market by billions of dollars daily), interest rates will rise.”

Armstrong goes on to explain, “The Bank of Japan came out and said we’re going to buy government bonds unlimited. They, too, are trying to prevent interest rates from rising. . . . The ECB cannot afford rates to go up. . . . This is a global contagion that’s developing, and it’s pretty serious. The rise in interest rates has tremendous implications all the way around the globe. . . . Interest rates are rising because there is increased risk – period.”