Posted at 9:13 AM (CST) by & filed under General Editorial.

Great and Wonderful Thursday Morning Folks,

       Gold is trading lower with the price at $1,478.40 after reaching $1,482.00 before that pile of paper was applied with the low right by the price at $1,477.10. Silver gave the signal with its trade at $17.00 down 4.9 cents with the high at $17.105 and the low at $16.95. The US Dollar is flat as can be with its value pegged at 96.935, down 2.8 points with the high at 96.985 and the low at 96.805. All of this was done before 5 am pst, the Comex open, the London close, and after they impeached a president because some feelings were hurt.

      In Venezuela, Gold is now valued at 14,765.52 Bolivar, shaving 17.98 Bolivar off its papered value with Silver at 169.788 Bolivar, giving the buyer another 0.549 savings from yesterday’s trades. The same affect is going on in Argentina as another day of savings arrives on time with Gold at 88,371.32 giving the buyer a 73.37 A-Peso discount with Silver now at 1,016.14 Peso’s taking out 2.94. Turkey seems to be doing something different with Gold trading higher proving a gain of 28.61 T-Liras with the price pegged at 8,782.30 Lira with Silver at 100.985 proving a gain of 0.123 in T-Lira value.

     December Silver Deliveries are consistent, in a confusing sort of way, with the Demand Count now at 324 fully paid for 5,000-ounce contracts taking out 24 requests for physicals on a reported Volume of 45 during yesterdays trades. Part of our observances in the delivery cycle is the last trade of the day and the closing price. The very last purchase/sell was priced at $16.953 but the Comex closed the trade at $16.865, with the low in yesterday’s trade at $16.845. Comex is allowed to calculate the close (we ask; to who’s benefit?). Today’s trades in the Physical Market shows a Volume of 113 so far with a trading range between $16.99 and $16.975 with the last trade at the low. Said differently, right now, the Delivery Month is trading in the positive (+2.2 cents at $16.975) but the heavily traded futures, controlled by paper, is trading lower. This is the Tick and the Tock, in the Delivery Clock, that will one day chime the problem is here, probably too late but will be loud and clear.  

       The Overall Open Interest in Silver continues to gain with the count now at 207,715 Overnighters proving an increase of 1,250 more short contracts, which had to be added in order to signal the price that only Algos can react to, in a market being drained of physicals.

      Yesterday, we witnessed the impeachment of a legally elected president, and on the flimsiest accusations, that failed only after those that did the accusing, got reviewed showing 17 intentional mis-steps by team CORNEY. The FISA courts are screaming they didn’t know they were being lied to, and the documents were proven to be filed under false testimony and hearsay, even without the chance of a counter party line of questioning of their secreted witness(es). As we move forward, one can’t but help but think that the Trump Team is already waiting in the Q as now the Senate and the Supreme Court get to have their say.

      With all the disruptive politics going on here, with the DOJ investigations of a criminal element in precious metals, the added bonus of Boris killing the socialist movement in a legal election over in England, yet all we’re seeing is the calm waters of the precious metals and currencies prices. Which is completely misleading everyone that simply looks at the price and not the actions causing the price. That duck floating around on that pond of calm-looking-water may look relax, but his feet are paddling against a current so strong that if one blinks, they may not see that duck get sucked up with everything else on and in the water as the system gets drained. We’re out of the waters and in physicals, we suggest you consider the same ….

Stay Strong!

J. Johnson

Posted at 3:28 PM (CST) by & filed under Jim's Mailbox.


Wasn’t the FBI supposed to follow these “new” rules in the first place?


FISA Court Slams FBI Over Surveillance Applications, In Rare Public Order
December 17, 2019

In a rare public order Tuesday, the chief judge of the Foreign Intelligence Surveillance Court [FISC] strongly criticized the FBI over its surveillance-application process, giving the bureau until Jan. 10 to come up with solutions, in the wake of findings from Justice Department Inspector General Michael E. Horowitz.

The order, from the court’s presiding judge Rosemary M. Collyer, came just a week after the release of Horowitz’s withering report about the wiretapping of Carter Page, a former campaign adviser to President Trump.

“The FBI’s handling of the Carter Page applications, as portrayed in the [Office of Inspector General] report, was antithetical to the heightened duty of candor described above,” Collyer wrote in her four-page order. “The frequency with which representations made by FBI personnel turned out to be unsupported or contradicted by information in their possession, and with which they withheld information detrimental to their case, calls into question whether information contained in other FBI applications is reliable.”


Posted at 11:03 AM (CST) by & filed under

By Greg Hunter’s  

Mark Taylor, author of the popular book called “The Trump Prophecies,” predicted Donald Trump would become the 45th President of the United States long before anyone else. Taylor has also predicted that Barack Obama would be “ripped and stripped” of the Presidency. Yes, that can still happen even though he is no longer in office. How could that happen? Look no further than the Trump/Russia collusion hoax and orders to spy on everything Trump coming from President Obama in his last year in office. Taylor reads President Trump’s December 15th tweet and says, “As bad as the IG Report is for the FBI and others, and it is really bad, remember that I.G. Horowitz was appointed by Obama. There was tremendous bias and guilt exposed, so obvious, but Horowitz couldn’t get himself to say it. Big credibility loss. Obama knew everything!”

Then, Taylor points out, “Do you understand how powerful that is coming from the President of the United States? The language is starting to progress, and they are exposing now that all roads lead to Obama when it comes to this. Responding to President Trump’s tweet is Tom Fitton of Judicial Watch saying, ‘Obama can still be impeached.’ So, is this how he gets ‘ripped and stripped’ of the Presidency? Could be. I am still a firm believer in what God is showing me, and that is Obama will be charged with treason and he will go to prison. . . . If he is ‘ripped and stripped’ of the Presidency, does this null and void everything he has done?   That means all his executive orders and including two Supreme Court Justices. Is this going to null and void all of this?”


Posted at 10:56 AM (CST) by & filed under General Editorial.

Great and Wonderful Wednesday Morning Folks,

Gold is trading lower in our earliest report with the trade at $1,480.20, down 20 cents after hitting $1,483.60 with the low at $1,479.10. Nothing says “boring” like a $4.50 trading range and being in a sideways channel for over 1-1/2 months. Silver is a little bit more active with its trade at $17.055 down 1.7 cents after hitting $17.125 with the low close by at $17.035. This is giving us sell signal that we’ve exposed, over the years, and during the Triple Witch Week, with the expected buying on the dip after tomorrows activities. The US Dollar is trading higher with the value pegged at 96.945, up 16.8 points and is the high so far with the low at 96.780. All this was done way before 5 am pst, the Comex open, the London close, and after Lisa Page explains (years later) what her and her lover meant when the said insurance policy blah blah blah.

In Venezuela, precious metals prices are making it easier to buy with a 25.97 Bolivar reduction now pricing Gold at 14,783.50 Bolivar. Silver is priced at 170.337 Bolivar, saving today’s buyers on average a 0.699 in Bolivar value. Argentina’s Peso, now has Golds value at 88,444.69 Peso’s giving the buyers a 116.42 A-Peso savings with Silver at 1,019.08 Peso’s giving today’s buyer a 3.52 discount from yesterday. The Turkish Lira is “not” offering a sale price on the real money (yet) with Gold now pegged at 8,753.69 Lira, increasing its value by 39.35 Lira with Silver at 100.862 Lira adding 0.193 T-Lira’s value, as the last days of the year come to a close.

December Silver Delivery Demands now stand at 359 fully paid for contracts proving a reduction of 140 from yesterday’s count, that may have been given receipts for physicals here at the Comex, or papers sent to London, or whatever the latest excuse might be for all those prices in (parenthesis) and throughout the day. Today’s trading range for the Volume of 13, posted up on the board, is between $17.00 and $16.98 with the last price at the high and the high is still the current physical price as the futures price is pushed lower than the physicals. March Silver is now below the real with its new low is at $16.950.

Silver’s Overall Open Interest continues to gain more short contracts in order to tell us futures traders what the (fake) paper value of a product is worth with the count now at 206,465 Overnighters, showing an increase of 611 contracts.

In the news yesterday, Q popped in 16 different posts with the last (3716) being duplicated. The one we like is post #3708 in which the “CORNEY” hidden message in the FISA report was proven to be something much bigger and that has been used to hide may things and for quite a while now;

search dep.justice and look what you find re corney

…confinned by then-FBI Director James 8. Corney in testimony before the House Permanent

“James 8 Corney”

How many other documents have been doctored this way to hide the evidence in clear sight? How about Hillary or Bill Clinton’s name, or any others hiding their crimes with wrong spelling? With this game being played within our branches of government, the hidden messages may be “huge” and may be a damn good reason to review all the documents with the suspicious eyes of real Patriots, who want nothing but law and order no matter what. Declassify everything and let us move forward!

Are there similar tactics being used in the markets or inside the CFTC/SEC? Stay Tooned! All Mispelled Words Matter! The past administrations links are still being brought out. One thing for sure, no matter what has happened so far, in all the countries in all of western society, the currencies refuse to budge because they have been corralled by Algos. If this was truly a free moving market, the price swings would have cleaned out a few bad banks already, and realigned a few nations as well. Yet, with all this Algo trading controlling everything in the markets, nothing has shaken the currencies. Wait till the plug is pulled!

The game in precious metals will end when the last bar is extracted from the exchanges. We know factually that the criminal element is running the vaults and their helpers in government are slowly being exposed. We know the outcome regardless of the delays in the rising price. This is why we continue to keep watch and expose what we can while we can. Enjoy your day, keep that smile on your face and a positive attitude in your head no matter what, and as always …

Stay Strong

J. Johnson

Posted at 9:25 AM (CST) by & filed under General Editorial.

Great and Wonderful Tuesday Morning Folks,

Gold is trading higher with the value pegged at $1,482.80 up $2.40 from the Comex close with the high near by at $1,484.90 and the low at $1,478.70. Today, Silver is following with the trade at $17.125, up 1.2 cents after reaching $17.15 with the low at $17.055. The March US Dollar contract, which is now the leading futures contract in currencies, is trading at 96.595, up 1.5 points after spiking up to 96.865 (in order to fill the gap created at the close of Decembers contract) with the low right here at 96.585. All of this was done before 5 am pst, the Comex open, the London close, and after Adam Schiff was called a liar, traitor, and “going to jail” for his actions, by those at his own gathering in Glendale, Ca.

In Venezuela, Gold is now priced at 14,809.47 Bolivar, giving the holder another 12.99 Bolivar gain with Silver at 171.036, proving a 0.499 Bolivar gain since yesterday’s early morning quote. In Argentina, Gold is now valued at 88,561.11 Pesos, giving the holder an additional 52.89 A-Peso pop in price with Silver at 1,022.60 Pesos, giving the holder 2.25 more A-Peso’s. Over in Turkey, Gold is currently priced at 8,714.34 giving the holder another 48.59 gain in the Turkish Lira with Silver giving the holder another 0.7772 of a T-Lira with the price now at 100.669.

December (Red) Silver’s Delivery Demand count fell by 112 fully paid for contracts providing a Demand Count of 499 to start the day off and with a Volume of 4 up on the board with another singular price at $16.995, a negative 2.4 cent start from yesterday’s close. Speaking of yesterday’s delivery numbers, I observed the end day Volume of 75 when the Demand was at 611. I also watched the “ticks” in trade which totaled 7 with the last trade at $16.94, yet the Comex closed the delivery price out at $17.019. Here we have another example of the trade and the price nowhere near equaling each other. From my understanding, each tick is a purchase price, but they still do not reflect the events that are being hidden in plain site with the Volume of 75 and a reduction in count of 112 from the previous day. I am also convinced those that are supposed to answer the questions at the Comex, have no idea what is going on either. Then we go directly to the governing bodies, who have totally ignored all aspects of open market activity and free trade in order to hide the slime they’ve approved during the last administration.

Silver’s Overall Open Interest continues to prove our points we’ve highlighted over the years that the price would have exploded already had it not been for all those additional pieces of paper added during the past administrations authority, with this mornings total count now at 205,854 Overnighters proving 1,921 more short contracts had to be added in order to “stay” the price, err, I mean to add liquidity in the trade.

The past administrations closing out activities seems to be the focus of the DOJ. We believe they are right on track. AG Barr is also looking into the international trade deals as well, with the Biden/Pelosi families, being only a start. We also wonder, as well as many others in the precious metal’s markets, if Barr will be able to link the past Administration’s assistance with the one that lost, and the sudden jump in Open Interest in Silver when Trump knocked out the one, they all thought would win. Sure, seems to be heading in that direction, especially with London being involved not only in the manipulations in our election, but also the cross-border trades made via EFP’s going to London (all Harvey Organ here). All of this started before Trump won and as Obama was leaving.

We have no choice but to wait as the evidence piles up. However, the past administrations activities, not only in the election, but the former Obama appointed AG that claimed a certain bank, was Too Big To Fail, as well as letting MFGlobal’s chief thief Corzine off the hook with those links to London (transferring the balances of MFGlobal to the city), may now all being looked at thru the balanced and open eyes of the American public. Nothing to see here?

We stand strong in our beliefs, that there are real patriots in our government and law enforcement, that see what we have been thru. These people are Patriots period! They care not about party affiliation! They care about Law and Order and the Rule of Law and how everyone, including those that we elect, are under this Rule, not above it. It is time to put away the left/right paradigm and focus on the corruptions within all branches of government. The Swamp is being drained, because we are using law and order properly. Q the moments that make up a good day, keep that smile on your face and a positive attitude in your head no matter what, and as always …

Search for the Truth!

J. Johnson

Posted at 9:46 AM (CST) by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

      Gold was higher just a few minutes ago as we watched the usual de-excitement being added to the trade before the Comex Open with Gold now up only 30 cents at $1,481.50 after it hit $1,483.20 with the low not that far away at $1,477.40, making this a tight $5.80 trading range. Silver is leading at present with its trade at $17.075 up 6.3 cents after hitting $17.140 with the low at $16.955. The December US Dollar, which ends today to allow the March contract to lead us to the next disaster in print, is now trading at 97.005, down 16.6 points after dipping to 96.930 with the high up at 97.150. All of this was done before 5 am PST, the Comex open, the London close, and after a weekend of bad press at the campaign gatherings for any lifelong members still running for office.

      In Venezuela, Gold now has a value of 14,796.48 proving a gain of 38.95 Bolivar since Friday morning with Silver at 170.537 showing a 0.050 Bolivar loss. In Argentina, the Peso has Gold valued at 88,508.22 giving those that hold a 145.56 A-Peso gain with Silver at 1,020.35 Peso’s showing a slight drop of 1.61 in value. The Turkish Lira has Gold’s value pegged at 8,666.75 giving the holder a 96.24 T-Lira gain with Silver at 99.8918 Lira, proving a gain of 0.8321 in T-Lira value.

      The December Silver Delivery requests now show a demand count of 611 fully paid for contracts waiting for physicals, or papers that go to London via the EFP’s, or some sort of Algo trick that uses the delivery contract to push the prices lower with one or two pieces of fake delivery demands, proving a reduction of 24 from Friday’s count. Last week’s final day of activity showed 23 contracts traded, closely equaling the drop in demand. This morning’s activity shows a Volume of 12 up on the board with a high/low/last trade at $16.98 proving all these purchases were done at one price with a bid and ask price spread of a penny between $16.995 and $17.005 with quantities that will more than double the Volume posted already. Hello there Mr. Resolute Buyer, is it you that is waiting for 3,055,000 Ounces of real Silver?

      The Total Paper Count called “Open Interest” in Silver now stands at 203,933 Overnighters proving a 503 count drop from Friday morning and again, as the prices moved higher proving the point that without all these additional pieces of paper being added into the mix over the past 4 years, prices would have already been substantially higher.

      Silvers Options Board still has some interesting points to look over. The total count for January’s Options is now at 18,858 purchased Calls as of Friday’s close, showing the overall count increased 4,042 from our last November 11th count. From this total we were able to prove 3,084 more purchases were made, at and below the $18 strike, making this new total 6,609, with 1,588 of these purchases, at and below $17 making that total 1,784 (a big gain over the months’ time). In short, most of the Call Option purchases that were made over the past month, is within a dollar range of the current market price. Is this part of how they stymie the trade?

      February’s Silver overall “Call” count now stands at 10,814 purchases proving a 4,805-count gain. Inside this addition, 2,865 more Calls were purchased at or below the $18 strike making the new overall total 4,276. From this count we were able to prove that an additional 1,112 more Calls were bought at and under the $17 Strike bringing that total to 1,375 purchased Calls. Once again, another huge gain at the current price of the Futures.

     March Silver’s Call Option count gained 4,728, making its new total 25,850. Inside this number we were able to show 1,142 more purchases at and below the $18 Strike with 190 of those, at and below the $17 strike. April’s trade also increased with the overall count now at 2,488, proving an increase of 1,879 overall with 142 of these at and below $18 with 13 of the 142, at and below the $17 Strike Price.

      Also, of note this is the Triple Witch Week. Today we roll out of the currencies, then the debt instruments get milked slowly the rest of the month, with Thursday’s Option expiration for the paper markets, then the settling out the Futures in S&P/Dow/Nasdaq/ and Single Stock Futures. We also have the tariffs being applied to Chinese products and another 100 billion in Repos! Yup every reason in the world to hold Silver and Gold is right here.

     Enjoy the day, and keep the attitudes positive no matter what, and as always …

Stay Strong!

J. Johnson

Posted at 2:03 PM (CST) by & filed under

By Greg Hunter’s (Early Sunday Release)

Former CIA officer and counter-intelligence expert Kevin Shipp says that former Obama Administration Attorney General (AG) Eric Holder gave a big Deep State panic signal when he wrote in an Op-Ed last week in the Washington Post trashing current AG William Barr and his top prosecutor John Durham. Shipp explains, “This is very significant. We all remember that Holder was Obama’s right hand man. Eric Holder was Barack Obama’s enforcer. The fact that Holder comes out this quickly after the Inspector General (IG) Horowitz Report comes out . . . and makes this veiled threat against Durham’s reputation. The fact that Eric Holder came out and made this statement is a clear indication to me they are running scared. We have to understand it was Eric Holder that Barack Obama used to target the heads of corporations that spoke out publicly about Barack Obama. We know Holder was held in ‘Contempt of Congress.’ He spied on AP reporters, ran guns to drug cartels and blacked out the information. He spied on over a hundred journalists, and on and on we go. . . . They (Deep State) are convinced there are going to be indictments. Secondly, there is AG Barr’s outrage over (IG) Horowitz’s report and what it did not do. He made statements that there was spying and actions by government officials that need to be criminally looked into. Barr’s outrage over this shows me that there are going to be indictments, and that he is taking this seriously. Again, when Holder comes out and puts out this bombshell in the Washington Post, which is another indication that indictments are coming. John Brennan, former Obama Administration CIA Director, is going to be at the top of the list.”

Shipp says during the entire Trump Presidency, the mainstream media (MSM) has operated as a propaganda arm of the Deep State and the Democrats. Shipp contends, “They put these stories out intentionally because they are creating their own story, and that is what the propaganda mainstream media does. It creates its own story. . . .They want to frame their latest story that there really wasn’t any spying on Trump. That’s what FISA warrants and applications are all about. They are all about spying.”


Posted at 9:42 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

This is the article we spoke of on today’s recorded call. “2 gold prices”, one for physical and one via paper derivatives…where did you first hear this?

Quantum Leap For ABN AMRO As It Questions Gold Price Discovery
December 15 2019

Submitted by Ronan Manly,

Earlier this week, an interesting article appeared on the website of the major Dutch bank ABN Amro, written by the bank’s currency and precious metals strategist, Georgette Boele.

The article, titled “A world with two gold prices?”, questions how, if gold is a safe haven asset, its price has not continued to reflect the ongoing crisis and stress in financial markets.

Boele then seeks an explanation of this puzzle in terms of a framework which consists of both safe haven gold demand and speculative gold demand, one of which reflects the purchase of physical gold (safe haven demand), and the other which speculates on the gold price via paper and synthetic gold products (speculative demand) which are not physically backed by gold.


Bill Holter’s Commentary

Does this mean anything? To anyone? Buehler?

China’s “Moment Of Reckoning” Arrives: $38BN State-Owned Giant Announces Largest Dollar Bond Default In Two Decades
December 14, 2019

Two weeks ago we previewed what we said would soon be a D-Day for China’s bond market, as a massive commodities trader and Global 500 state-owned enterprise was set for an “unprecedented” bond default in dollar bond market. And as of last week, this historic default is now in the history books after Tewoo, the closely watched Chinese commodities trader, became the biggest dollar bond defaulter among the nation’s state-owned companies in two decades, in what Bloomberg called a “moment of reckoning” for Beijing as China struggles to contain credit risk in a weakening economy, and as bond defaults hit an all time high and are set to keep rising in the coming years.

Last Wednesday, Tewoo Group announced results of its “unprecedented” debt restructuring, which saw a majority of its investors accepting heavy losses, and which according to rating agencies qualifies as an event of default. As a result of the default, until recently seen as virtually impossible for a state-owned company, investors’ perceptions are undergoing a dramatic U-turn about government-owned borrowers whose state-ownership had for years offered an ironclad sense of security.

No more: The fact that a state-owned enterprise such as Tewoo has now defaulted on repaying its dollar bonds in full, confirms that Beijing will no longer bail out troubled SOEs, let alone private firms, perhaps due to the strains imposed by the economy which while growing at just below 6%, is slowing the most in three decades. It also raises concerns over the Chinese province of Tianjin, where Tewoo is based, following a series of rating downgrades and financing difficulties suffered by some of the city’s state-run firms. The metropolis near Beijing also has the highest ratio of local government financing vehicle bonds to GDP in China.