by J. Johnson via JS Mineset
Great and Wonderful Friday Morning Folks,
Rebound is the word of the day along with the titled phrase with Gold up $11 with the trade at $1,879, close to the high at $1,881.30 with the low at $1,863.30. Silver is trading at $23.525, up 16.5 cents after the dip down to $23.23 with the high to beat at $23.645. The US Dollar is flat to lower with its value pegged at 93.89, down 8.7 points inside a 21-point trading range with the high at 94.01 and the low at 93.80. Of course, all this couldn’t happen without London doing its thing, before 5 am pst, the Comex open, and after UPS finds the “lost” Biden evidence, and returning these said docs back to Tucker. How’s that for a fast-track?
Venezuela’s currency now has Gold’s value priced at 18,766.51 Bolivar showing a slight gain in price as the metal added 30.96 overnight with Silver gaining 2.996 Bolivar with the last quote at 234.956. Gold in Argentina is now priced at 146,986.88, another shallow gain of 224.83 A-Peso’s with Silver increasing its value by 21.91 A-Peso’s with its last trade at 1,840.22. Turkey’s Lira is showing a golden gain with the noble metal adding 88.19 T-Lira with the last quote at 15,696.30 with Silver gaining 3.012 with its last price at 196.141 T-Lira.
November Silver’s First Notice Day is here with the starting count at 444 fully paid for contracts waiting for receipts and with zero Volume up on the board. Yesterday’s activity before the FND had 27 contracts swapping hands between $23.28 and $22.96 with the last trade at 23.19 with the Comex Calculated Close at $23.339 a gain of 6/10ths of a cent that reduced the Demand count by 2 contracts. As of this morning, Silver’s Overall Open Interest is now at 155,974 Overnighters, showing another 1,287 contracts leaving the field of play.
November Gold’s Delivery Demands now stand at 1,540 fully paid for 100-ounce contracts waiting for receipts and with a Volume of 20 up on the board with a trading range between $1,870.10 and $1,862.80 with the last buy at the high, up $4.50 while the papers play the trade even higher. Yesterday’s full Comex/ICE activity happened in between $1,878.80 and $1,858.80 with the last swap at $1,865, with the CCC settled at $1,885.60, a loss of $11.50 that had 240 contracts swapping hands that provided a gain of 108 contracts standing in line for the real. The shorts against the physicals are continuing to exit Gold’s paper play as another 3,980 contracts left the arena, leaving 546,317 in Open Interest as we get closer and closer to another election.
Next Wednesday, we expect the usual political excuse to come from the loser about the “popular” vote that has never mattered EVER! What difference does a TV stations fake poll make if they only count one sides opinion? Is it the same pollsters this time as in 2016, that couldn’t equate the visual evidence of stadiums full of Trump supporters in their tallies?
Ironically or not, the returned copies to Tucker helped prove many things with yesterday’s Sean Hannity show asking Senate Homeland Security Committee Chairman Sen. Ron Johnson if the laptop and Tony Bobulinski story are real, to which the Senator responded, “All I can say is that all the verification, all the validation we’re doing, we haven’t turned up any discrepancies (yet). Everything appears to be authentic that we’ve looked at so far.” To think a TV show, would have the “real authentic files” instead of Homeland Security, is another one of those “look over here and not there” misdirection’s made by media, that failed. Btw, where’s Hunter?
I had expected Q would be silent going into the election, and I was wrong! Last night Q posted an open letter from Carlo Maria Vegani which in the fourth paragraph states “A global plan called the Great Reset is underway” (no dates), also bringing forth in his write-up more of the things we (Team Sinclair and Team GATA) have been discussing over the decade. It all seems to be coming to a head and is planned. Will the global arrangement against all mankind succeed or will it fail?
With precious metals in hand, and our understanding that Silver and Gold have survived all resets of the past, we gain more strength in our beliefs! So have a great weekend, keep your metals close, stock up on foods and what not’s before inflation hits hard, or the 2-week bankers shut down is applied. Keep the faith, have a prayer for all, and as always …
Stay Strong!
J. Johnson
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