“Panic in UK” - J. Johnson's Latest - 9/24/18
Good Monday Morning Folks,
Gold is trading higher, starting off the final week of the fiscal year for our Federal Government, with the current price at $1,204.10 up $2.80 from Friday’s close within a trading range between $1,204.90 and $1,198.60. Silver is flat at $14.36 giving the Silver Signal to the short traders, a sign the CFTC still chooses to ignore for well over a decade now, with the trading range high of $14.385 and the low at $14.22 in the early morning sometime way before 6am pst. The US Dollar’s trade stands at 93.675, down 12.3 points with a trading range between 93.95 and 93.645. Gold, under the Venezuelan Bolivar is thankfully stuck inside a narrow trading range this past month with today’s quote at 298,174,500.00, losing 1,178,000 over the weekend. Silver has been slowly drifting lower over the same period of time with its current price now at 3,561,306.00, losing 12,426 Bolivar.
Silvers delivery requests are still chugging along with the Sept count static at 983 contracts (same number as Friday) waiting for receipts with a volume of 6 so far today. Silver’s overall Open Interest is at 206,030 overnighters showing a gain of 52 obligations in order to keep things steady. The shorts have the rest of this week to come up with 4,915,000 ounces. This shouldn't be too much of an issue, but one day it will be “the issue” with the price proving it all, like that in Venezuela.
Speaking of the nation in chaos, Venezuela is hosting a Chinese navy medical ship, known as the "Peace Ark” which came for a visit and is claimed to be “… a manifestation of "true diplomacy of peace" as both countries "share a common destiny." It is still my opinion that this “common destiny” may quite possibly be combining both the BRICS “Anti-Swift” system and the “Petro” crypto, as the rest of the world attempts to remove the risks the future dollar demise will bring, before it happens.
Great Britain is finally being looked at with suspecting eyes, as not only Q is claiming “Panic in UK” but the British Government is (as this article declares) "expressing grave concerns" about the evidence and exposures that MI6 and its employee(’s, including) Christopher Steele, intruded on our election instead of Russian spies, with treason being the primary subject for the DNC defense team and its friends. Britain is also the nation taking on all our physical demands of Silver and Gold via the EFP’s (Exchange Futures for Physical), as history will prove that these two topics have links. At least I think so, as the entire gamut of money and politics is all part and parcel to everything that has been going on since we supposedly divorced ourselves from British rule.
Chaos is inside the evidence, and these data points are about to be brought forward. We expect far more volatility in all currencies with the precious metals benefiting immensely (like that inside the Venezuelan Bolivar) because of all the manipulations being ignored by the controllers inside the law. We will continue to HODL our Gold, Guns, and Grub with the hopes you have done the same. So keep it all close, and as always ...
Stay Strong!
J. Johnson