A few wise words from a veteran trader who has witnessed these suppressive cycles a few more times than the rest of us...

Regards - VHF

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Triple Witches in Play

J. B. Slear

December 14, 2011

US$ is still trading higher with the trade at 80.595 and is the new higher for since Feb, Treasuries are falling in all years traded, our Eurodollar suggestion is trading the lowest. Petro Products got hammered after the Iran scare hit the airwaves and pushed all energy products sharply higher, now putting Crude at $99.00 down $1.48. Gold and Silver continue being pushed to lower and lower prices as open interest continues its decline attempting to force out what was once strong holders. Gold is down $33.90 with the trade at $1,629.30 after reaching a low of $1,625.30, Silver is worse with the trade at $30.020 down $1.22 after hitting a low of $29.705, this has lead to all metals being pushed into the dumpster. All Grains/Softs/Meats/and Paper Markets are lower as well because of this fiat rally of an over printed US Currency. If one looks at charts in the Silver/Gold market, they will see that the prices have been forced back to the end of last year’s price range virtually erasing any profits (if they stay in long futures and didn’t do options). Thursday is the Triple Witch Day when the the lows in metals should be reached. The buy times are upon us as we watch the death of the international fiat game called Currency Wars, once this fiasco called “look over there” the bond vigilantes will be looking at the US, then it’s game over and inflation will hit us with a vengence ….. Stay Strong!!