Good Thursday Morning Folks,
The Silver “Sell” Signal is up again and with Gold trading higher at $1,282.50, up $1.20 and close to the low at $1,280.40 than the high at $1,286.40. Silver is down 9.7 cents at $14.765 with the low at $14.755 and the high at $14.875. The US Dollar is trading at 97.415, up 2.7 points with the low at 97.31 and the high, close by, at 97.49. All of this was done at 5 am pst, before the Comex open, and the London Close.
The Venezuelan Currency now has Gold priced at 12,808.97 losing 78.91 Bolivar overnight with Silver now at 147.465 losing 1.499 Bolivar. The Argentinian Peso now has Gold priced at 57,806.24 taking back a large portion of the previous day’s activity, 600.67 A-Pesos to be exact, with Silver now pegged at 665.422, taking back 10.024 A-Pesos.
The May Silver Delivery requests are now at 366 Obligations waiting with money for the paper receipts to be dished out and with Zero Volume up on the board so far this morning. This is a drop of 133 contracts in the May Silver Delivery system. Silver’s Overall Open Interest continues to wane with the total now at 199,017 proving a drop of 574 Overnighters as we continue to hold onto our manipulated priced physical holdings and the knowledge that things will change in the future.
News services are doing everything in their power to obstruct the real views of the world’s activities, especially in all things “economics”. The China/USA deal is being ironed out now, with a real deal maker president, not someone who simply bends over to make a non-deal like politicians, who have never had a job outside politics, do. Even news from London’s Brexit deal is not making it past their borders, making us think things are not going well in any of the major currencies. Time will prove our side of things, the markets are not doing well and hell has to be paid for its services, but the citizens of our country won’t be the fodder that is used as kindling for the next emergency. Have you noticed there are fewer deaths of our soldiers in foreign lands, unlike the past?
Q’s last post warns us about the month of May (or is it Teresa May?) “You are witnessing the systematic destruction of the OLD GUARD. May, 2019 – 'kick-off' 'start' 'offense' Enjoy the show!” I also remember with great joy another Q post “Yes. Gold shall destroy FED.” And the Fed is following what this president wants, a cheaper US Dollar and better rates for our citizens, not the banks! Have a Great Day, keep a smile on your face and a positive attitude in the head. Why? Because it drives the snowflakes nuts! And at the same time, we …