as of today’s activities ……

US$ is again trading higher with the trade at 76.370 with a current high of 76.430, of course the only reason the dollar rallies is because the media is hyping how bad it is only in Europe and not in the way the US is devaluing its currency. Treasuries showed a surprising dip yesterday with our Eurodollar suggestion now working for its players, the further out Treasuries are not showing inflationary pressures yet, but will in time. Gold is up only 20 cents with the trade at $1,526.40. Silver’s trade is currently at $35.520 up 11 cents with Copper taking a hit 445 points lower at present. Today or tomorrow should be the low for precious metals. At least the last 10+ years of watching the daily shenanigans of the anti-gold traders always seem to point to a low during the switch of the Triple Witch. So today, we start in earnest, to buy our options. All Grains have taken price hits this last week and should be considered bottomed out as well. We might have a better crop than expected over the last month or 2, but the physical demand will really start to show up soon. China for one, has recorded the highest price ever for Corn because of their poor weather pattern. Softs seem to be responding to the rally in the US Peso and are trading lower as well. Meats are still adding price per pound which is the exact opposite of what’s going on in the paper markets in the overnight. Let us just say that gravity is taking over the paper markets. Stay Strong and be Long Precious Metals

JB Slear