Silver and Gold is Controlled Daily with Nothing But Paper Paper Paper!

in #investing4 months ago

 Great and Wonderful Tuesday Morning Folks,    

      We’re continuing to see the effects of the new level of paper controlling rock when it comes to Gold’s price with the trade at $1,468.50, down $3.40 but only after it rallied to $1,475.80 with the low of London at $1,465.10. This can only happen because a new world record high in paper contracts had to be applied to the price in order to control the value with Harvey Organ’s Open Interest watch now at 718,436 Overnighters shorting the market. Silver, who’s paper contracts have done so much damage over the years already, is up 8 cents with the trade at $17.08 but only after it reached $17.16 before the London Paper machine went into overdrive with the low at $16.980. The US Dollar, which has a private group controlling it’s flow, is now trading at 97.695, up 3.2 points and inside another tight trading range between 97.770 and 97.635, All of this happened before 5 am pst, the Comex open, and the end of the London trade.    

      We have nothing but gains in our emerging markets currency watch with Gold, under the Venezuelan Bolivar gaining 114.85 overnight with its price now at 14,666.64 Bolivar with Silver gaining 3.196 with its price at 170.587 Bolivar. In Argentina, Gold is now priced at 87,293.48 Pesos, proving a gain of 498.30 in one night with Silver gaining 16.512 Pesos with its price now at 1,015.22 Pesos. Over in Turkey, where the birds are running scared because of next week, Gold is now priced at 8,395.99 T-Lira proving a gain of 53.13 overnight with Silver gaining 1.6878 Liras with its price at 97.6525 Lira.     

      November Silver’s Delivery Demand Count remains unchanged from yesterday with the total demands for physical still at 6 (5,000-ounce contracts) and once again with no Volume or price to offer as we wait for Mr. Resolute to step in again and mess up a certain Working Groups preset plans for the future. Silver’s Overall Open Interest is still highly elevated (ever since early 2016) and now has an Overall count at 221,272 Obligations proving a drop of 482 positions since yesterday morning’s quote and as Silver reversed and closed up 5 cents. Makes one wonder what the price will be when 20,000 come off the table from the short side? Where will the price of Silver be when the Open Interest is back down to 139,000 …Hmmm?      

      Yesterday’s news was not about the impeachment parody at all, that continuing comedy show is today. Yesterday was all about Trump ordering Powell to the White House for an unscheduled meeting after a rumor was spread about Trumps health over the weekend. Afterwards, the Federal Reserve Chairman Jerome Powell, posted the standard answer; “Chair Powell's comments were consistent with his remarks at his congressional hearings last week. He did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming information that bears on the outlook for the economy. Finally, Chair Powell said that he and his colleagues on the Federal Open Market Committee will set monetary policy, as required by law, to support maximum employment and stable prices and will make those decisions based solely on careful, objective and non-political analysis.” A very standard answer except the “as required by law” which sounds like a signal to me.     

      Every conversation has 2 sides to it, this is what Chairman Powell didn’t say or stated in the standard statement that President Trump did say; “At my meeting with Jay Powell this morning, I protested (the) fact that our Fed Rate is set too high relative to the interest rates of other competitor countries. In fact, our rates should be lower than all others (we are the U.S.). Too strong a Dollar hurting manufacturers & growth!” Once again interest rates and the value of our currency compared to others is still way off track. Our manufacturers and companies are getting profits shaved because our Fed is more interested in its own profits and control than our countries economy. They refuse to look at our competitors games.     

      Jim Sinclair, Bill Holter, Bill Murphy, and others involved with www.JSMineSet.com and www.LeMetroPoleCafe.com have been instrumental in my life since when they came out before the turn of the century. In my mind, there are very few others worthy of my time, effort, and subscription fees, to understand the deep-rooted meanings surrounding the opaquest markets out there, currencies and the machine that controls them! I have been involved with both almost since day one. Without their guidance and inputs, I would have no chance of understanding the intricacies and games the Federal Reserve and the other centrals banks do, and how they controlled almost all currencies. What was discovered and kept hidden has been brought for us to see because of these paid for services! They are exactly like Judicial Watch but their focus is on currencies and the real ones (Au/Ag)!     

      If you are reading my writeups, I thank you! I am simply an extension of the data given within the subscribers sides of www.JSMineSet.com and www.LeMetroPoleCafe.com. As you know my focus is on Silver, the only currency that has yet to exceed its life of contract high so far since 1980. It is only a small part of the bigger paradigm these 2 sites complete. Without their service to our tiny community, we would be at the mercy of the cabal that hates the tax payer. I ask that you subscribe to their services because, they know a lot more! Which is why we see Silver and Gold being controlled daily with nothing but Paper Paper Paper!    

      So keep your precious metals outside this fiat system, keep a smile on your face and a happy thought in the head, and as always …   

Stay Strong! 

J. Johnson  

Sort:  

I listen to all the Financial Guru's, and none of them see what I see...

They all know something will happen, they just can't figure out what...
November 21, 2019... 10.0 Hollywood Time...

I agree there’s manipulation
It’s a fact. But if there was huge demand it would break out anyway. The issue is the population is brainwashed and fooled.
Dig ur post and information👍 Not sure how I wasn’t following ya already
Followed and look forward to more posts