by J. Johnson via JS Mineset
Great and Wonderful Day after the election Folks,
Gold is recovering from the China open, when the prices were clobbered down $28.60 to $1,881.80 and is now trading at $1,904.10, down $6.30 with the high at $1,917.90. Silver was taken all the way down to $23.26 (down $1.069) before its recovery with its trade at $24.025, down 30.9 cents with the high way up at $24.62. The US Dollar ain’t budging at all, as if our election no longer matters, with the trade at 93.54, down 2 points after it rallied up to 94.33 with the low at 93.415. Of course, all this happened already before 5 am pst, the Comex open, the London close, and after the vote counters stopped counting when they got the outcome they wanted. If it’s a true statement, and these counters virtually stopped once they got their assigned outcome, there should be enough evidence to come out, and presented to the Supreme Court.
In Venezuela, Gold is now getting an additional 25.97 Bolivar per ounce with the last quote at 19,017.20 with Silver losing 3.096 Bolivar with the last price at 239.950. Argentina’s price for Gold is still gaining more Peso’s with the last trade at 150,215.42, up 597.58 A-Peso’s with Silver’s price at 1,894.51, a loss of 20.25 A-Peso’s. The Turkish Lira’s price for Gold is now at 16,057.03 showing a 159.33 T-Lira pullback with Silver’s last trade at 202.523, a 5.02 T-Lira loss.
November Silver’s Delivery Demands now has 277 fully paid for contracts waiting for receipts and with a Volume of 15 already up on the board with a trading range between $24.005 and $23.68 with the last buy at $24, a loss of 30.5 cents so far today. Yesterday’s activity was something else. We had a Volume of 108 up on the board with no price, then the outcast came in and bought a single contract with the buy price at $24.16, a gain of 15.4 cents, yet the papers closed the prices higher at $24.305, a gain of 29.9 cents at the Comex close, which in turn, raised the Delivery demands by 61 contracts. As the physical demands climb, the Overall Open Interest continued dropping with 742 contracts leaving 153,577 shorts to go against the physicals.
November Gold’s Delivery Demands now shows a count of 964 fully paid for contracts waiting for receipts and with a Volume of 11 already up on the board with a trading range between $1,901.30 and $1,885.30 with the last swap at $1,886.30, down $22.20. Yesterday’s delivery activity happened with the first 711 swaps getting special treatment with that 10-cent trading range between $1,891.60 and $1,891.50, then the last single lot trade came in at $1,905.70, a gain of $15.30 making the swap count 712 with the Comex Calculated Close made at $1,908.50, a gain of $18.10. Mr. Resolutes spread purchase into the physicals caused the demand count to increase by 613 as we wait for that last bar to leave. With that jump in demand the shorts had to add another 4,212 contracts to add liquidity into the markets or Gold would have gone much higher, bringing this morning’s total to 546,113 in Open Interest.
I am not happy with what I witnessed these past few weeks. Now our media services with big tech are starting to shutter more Conservative voices with James Woods example “Meanwhile Twitter blocks me for saying ballot harvesting is a threat to democracy, but this is okay?” with Kathy Griffin holding Trumps head being ok and considered free speech. I expect Trump is going to the Supreme Court in regards to the way this election was counted, I wonder if a certain party has the most fraud in count? Trump Blasted this vote-count delay as a “fraud on the American public”. We’ve never seen ballot counters stop counting before, and we have seen many ballots found in ditches that all happen to be Trump votes.
If Biden truly won, then so be it. That may mean all of Hunter Biden’s sexual exploits and the money laundering trails are about to go away, or will it? Trump has that Big Red Release Button and he’s used it a few times to expose the fraudsters pretending to be employees of our government. I can see the future Biden team now; Lolita Express Member Larry Summers will be head of the Federal Reserve. Clapper, Comey, Brennan, Mueller, et al, will be reinstated to go ahead and do what they did in the past. Maybe I should brush up on Mandarin.
What I gathered over the past few years, no matter where Trump went, far more people gathered than at any other time for any other politician. The crowds were as big as those of the rock stars of the 70’s and 80’s, and we’re supposed to believe this stopped counting count? Will Team Trump release more Hunter Biden evidence, like who in China took those videos or how was the money laundered, and who is paying for Antifa’s armor?
Keep the faith, and hold on fast and tight to your metals. Truth can be hidden for a time, but then, BOOM, someone releases it, in Big Red Button Style… As Always …
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