Great and Wonderful Thursday Morning Folks,

Gold is lower again, not because of the demands for physical, it’s the increase in paper (Open Interest), with the trade at $1,477.50 (February 2020), down $3.50 with the low at $1,474.70 with the high at $1,482.70. Silver is down 4.1 cents with the March price at $17.22 after dipping down to $17.165 with the high at $17.310. The US Dollar is doing the same, nothing! Its trade sits at 97.685, down 12.9 points and at the low of 97.675 with the high not that far away at 97.825. All of this non-activity happened, after the house and senate sanctioned China, before 5 am pst, the Comex open, and the London close, and maybe just before Trump signs into law, the China Sanctions.

In Venezuela, Gold’s value sits at 14,756.53 Bolivar, gaining 31.96 in the overnight, and with the monthly rollover (into February) completed with Silver now at 171.985 gaining only 0.05 of a Bolivar. In Argentina, the Peso now has Gold’s price at 88,061.35 showing a gain of 75.22 Pesos with Silver at 1,026.33 down by 1.01 Pesos. In Turkey, February Gold is now trading at 8,409.42 T-Lira showing a gain of 3.69 with Silver now gauged at 97.9938 losing 0.1497 T-Lira’s.

November Silver Deliveries have virtually stopped! With the demand count still stuck at 6 and with no Volume posted as of yet. With all the daily activities going on and into this week we find it curious and wonder what stopped it all? Silver’s Overall Open Interest is just as stalled as the Demand count with the total now at 222,663 Overnighters proving a gain of 770 more shorts in order to “stay” the price. The Open Interests in both precious metals have gained sharply, one over the past several years and for no reason (except Trump and Brexit), the other happened because a foreign entity found a way to pile on more papered shorts exactly in this period of time in which our options count comes to its end date. Makes one wonder don’t it?

China’s issues are as big as its population, that’s their problem! The delay game they have used successfully with our past presidents, ain’t workin’ now because a business man expects results, politicians simply look for a way to stop everything unless they get a large slice of Personal Benefit Pies, like a Biden Benefit Pie, or a Clinton Foundation Benefit Pie, as was partially explained in Q post 3611 last night;

3611 Q !!mG7VJxZNCI ID: 000000 No.7358656
Nov 20 2019 21:03:25 (EST) THE CLINTON FOUNDATION
[QUID PRO QUO - internal alarm [how to frame/defend]]
https://wikileaks.org/podesta-emails/emailid/52561
Read carefully.
[Note: Podesta emails non_public [internal]]
Fact: Ukraine is the single largest CF donor
Coincidence?
Q

Yesterday’s entertainment most likely lost viewers across the board because of a few slimys from the past administration thinks the new administration has to follow their old and illegal ways. Hello McFly, why do you think “she” lost? The voters are sick of it, they want law and order and that law and order is for everyone, including our elected offishals. If you don’t see it yet, the Swamp is being drained in many different ways, solidly yet slowly. Pedophilia is the big one so far, which will ensnare many politicos across the planet as we wait for the information on who Epstein’s real handlers were? Then we are seeing Veritas Video exposing the media for its part in all this as we wait for the explanations in front of Congressional hearing (coming soon). Why did the Robach report get shelved? Who made that decision and why? Who else is involved, Weinstein and others?

With all this internal stuff going on in our nation, one would think the Next China Delay would do something to the lock-down in precious metals, but alas! We sit with far more paper controlling products that cannot be extracted at these fixed prices, and as a Resolute or 2 are soaking up what they can while the prices are cheapened. What can go wrong? Let’s watch as the Chinese representatives try again to delay everything but the tariffs. I don’t know about you, but I’m loading up my freezers with ham and bacon packages now while everything is on sale here but not in China, where their pork prices are reaching for the skies.

We see no reason to change our approach! Precious metals are still being manipulated, everyone including the DOJ and CFTC knows it, so it’s only a matter in time, and that time may be upon us now. So, make the most of what you can by keeping your precious metals out of a third parties’ hand, keep a smile on your face and a positive attitude in the head no matter what! Why? Because it works!!

Stay Strong!

J. Johnson