Another Day, Another Gold & Silver Price Slam

Gold & Silver
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Silver’s punch was far more noticeable…

by  J. Johnson via JS Mineset

Great and Wonderful Friday Morning Folks,

      Gold reached close to, then up to $1,856.60 then was pelted back (both times) with London doing what it always does, slamming the prices before Comex opened with the trade now at $1,847.90, down $3.50 after creating a new low of $1,844.10. Silver’s punch was far more noticeable with the high so far at $25.865, with the “just happened now” low at $25.175, with the “right now price” at $25.295, down 50.7 cents so far this morning. The US Dollar is up 24.5 points, with no fundamental support anywhere, and right by London’s high at 90.49 with the low at 90.195. Of course, all this happened while we slept, before the Comex open, London closes, and after Veritas Video released Jack Dorsey’s “Must Control What He Says” against a single account @RealDonaldJTrump, and the Q movement, with a much broader meaning implied. We have to ask, why is Dorsey telling his employees to block these sites (plus a hell of a lot more) if they are truly fake news? Are not the people who read these, smart enough to make their own decisions like Jack?

      Venezuelans now have an 18,455.90 Bolivar price per ounce of Gold, gaining 44.94 overnight with Silver’s last price at 252.634, showing a 0.20 Bolivar-loss. Argentinians have to cough up another 563.66 Peso’s to get an ounce of Gold with the now price at 158,261.60 with Silver buyers having to do the same, adding 0.77 A-Peso’s with the last price at 2,166.40. Turkey’s price for Gold is also proving a gain with the last trade at 13,702.27, up 89.84 Lira with Silver gaining 0.674 of a T-Lira with the last price for the week at 187.593.

      January Silver’s Delivery Demands now stand at 196 fully paid for contracts waiting for receipts with a Volume of 41 already up on the board and a trading range between $25.47 and $25.43 with the last trade at the high, down 27.6 cents while London’s paper pushes the futures prices lower. Yesterday’s full day of Ice/Comex Delivery trading happened with “no price” as the Resolute buyer came in to purchase 66 contracts via “Comex’s Claimed Spread Trade”, closing the day out at $25.194, a gain of 22.6 cents, helping to reduce the Demand Count by 94 contracts that might have gotten receipts. Silver’s early morning Overall Open Interest has a total of 168,964 contracts trading against the physicals, proving a small reduction of 379 leaving the field of play.

      January Gold’s Delivery Demands now has a total of 330 fully paid for contracts waiting for receipts with a Volume of 25 already up on the board with the “no price” spread entry, again. Yesterday’s full day of trade happened in between $1,850.70 and $1,836.70 with the last buy at the high, proving a loss of $3.30, that had a total of 149 new purchases (Volume), which raised the demand count by 88 contracts. Gold’s Overall Open Interest lost 89 contracts helping to suggest that all of the activity was inside the deliveries with today’s early morning total at 556,631 Overnighters as we wait for that last Comex bar to gain huge value.

      Going back to Twitters-Dorsey and bringing in Facebooks-Zuckerberg; both owners of formerly popular communication platforms, have done everything they could to silence Trump, his followers, and “Q”, for over 4 years. Main Stream Media’s programmed grip on their viewers is overwhelming to say the least.

      Enjoy the day, the weekend, and stand down. The media is intentionally hiding things, and pushing other things forward, maybe in order to hide the newly declassified ‘Foot-High’ stack of Russia-gate, Obama-gate documents; set for release within days, that President Trump just signed off on, last night. Look at the Docs yourself or trust your media services to tell you what is real. Afterall, it’s our choice, but the Freedom of Speech is our right! Keep the faith, have a smile on your face, and as always …

Stay Calm!

J. Johnson

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