OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Maya @ 19:54

Posted by Moggy @ 23:12 on August 24, 2015  

Love the stock market train, lol.

Gems from a ZH thread…

Posted by Richard640 @ 22:38 on August 24, 2015  

hey ……this is just a correction so relax..in fact…..buy…buy buy buy…….its all ok because its just a correction……stay calm…….just DONT BUY” GOLD

Bonds and gold are down so everything has to be just fine and dandy.

Yup, better to be months or years early than seconds late. If anyone still has skin in the paper markets, they better understand the GAMBLE they are taking. I’d rather bet on sports or blackjack or buying real estate in detroit. At least I know its a risk and the payouts are higher.

Now, more than ever, we need to listen carefully to what Jim Cramer has to say…

I’m not sure if ANYTHING would cause the US indexes to correct.-Loss of confidence should take care of that.

Credit will likely fall apart throughout the next 12-13 months.

THE POWER OF CHINA COMPELS YOU!
THE POWER OF CHINA COMPELS YOU!
THE POWER OF CHINA COMPELS YOU!
THE POWER OF CHINA COMPELS YOU!
THE POWER OF CHINA COMPELS YOU!

LMAO!—Begone Lord Beelzebub Keynes!

It used to be just one country or two maybe..now its the whole world flying around….scary to be a Central Banker actually…as they have no idea what is going on or is going to happen tomorrow….wierd huh???

Buygold, regarding the last line in your 20:37 posting, plus your posting most

Posted by Equisetum @ 22:32 on August 24, 2015  

Sunday afternoons shortly after the gold and silver spot prices begin being posted again after a weekend rest, where you regularly express your disappointment at how predictable the push downwards is for the PMs, I share your disgust about the predictability of this downward bias.

I have found it a bit easier to accept this continual downward bias by regularly reminding myself about two circumstances. First, I accept that the perpetual lid holding down any upward momentum in the price of gold and silver is going to remain in place as long as the U.S. dollar is the world’s reserve currency. That is not an original thought on my part; seemingly reputable analysts have suggested that the price of physical gold and silver cannot go upwards by any significant amount as long as the strength of the U.S. dollar must be propped up. I happen to go along with this belief.

The second circumstance that gives me Sunday relief is that I believe others more knowledgeable than I am when they give their reasons that the U.S. dollar is not going to be the world’s reserve currency indefinitely into the future. I think my remaining years are going to let me see the loss of reserve currency status for the U.S. dollar, and that gives me hope every Sunday afternoon, which happens to be the time each week when I scribble a post-it note to myself for the week ahead with the reminder, Buy More Physical Silver. Cheers. Equiz

canine health update

Posted by treefrog @ 22:29 on August 24, 2015  

ms spot must have been able to sneak a phonecall out to her lawyer.  the vet called yesterday to follow up.   i told him spot was complaining bitterly about being segregated from her puppies in her recovery from eclampsia.  he suggested that i could put her in with the puppies for a half hour AFTER  filling them up with bottle feeding.  he said that being full, they would be unlikely to suckle much.  i have followed his suggestion with subsequent feedings.  spot and the pups seem to like this arrangement much better than the complete segregation.

DSC00254

Buygold–White eyes speakum heap big truth…here’s Ackermans comment tonight:

Posted by Richard640 @ 22:09 on August 24, 2015  

Whatever the case, the best way to look at gold’s charts at the moment is to pretend we know nothing about the stock market’s big troubles. Seem from that perspective, December Gold appears to be consolidating for a push above 1200 in the weeks ahead. Notice that although the futures gave back most of yesterday’s modest rally by day’s end, the intraday high poked slightly above an ‘external’ peak at 1169.00 recorded back in early July. This generated a bullish impulse leg on the daily chart, implying that the pullback from Monday’s high is likely to produce a follow-through rally leg. Were it to equal the rally off mid-August’s 1108.50 low, the futures could trade as high as 1206.00 by month’s end or early September.

R640

Posted by Buygold @ 20:37 on August 24, 2015  

As usual, James Mc will be wrong as rain. Seasonal, technical, charticals, vibrationals, crapinals, will be wrong.

My son asked, he  said “the SM went down big today, that’s good for us right’?

Couldn’t bear to be honest with him. Yeah, I said, “not great today, but it will be”!

What a fu*king lie. I’m just like the fu*king Fed.

Said that fully knowing that pm’s suck AND especially pm shares sucked worse than anything in ANY market.

Stock Market Train

Posted by Maya @ 19:54 on August 24, 2015  

http://www.railpictures.net/viewphoto.php?id=539099

 

WANKA @ 12:52

Posted by Maya @ 19:39 on August 24, 2015  

Although that is the WORST “sun kink” I have ever seen on a track, I got just the thing to get you thru those wobbly tracks.  No problem for this personal Gold Train.   You can putt-putt past those rocks, too!

http://www.railpictures.net/viewphoto.php?id=540280

Glad you are doing better.  Take care, old friend.

 

The FEDs

Posted by Ororeef @ 19:24 on August 24, 2015  

Scorched EARTH  policy ..If we cant keep our monopoly then no one else will prosper at our expense  ….”Gold is our rival for a safe haven” and they try to deny that safety exit for everyone except their selfish members.    Its” us” or NOTHING policy.   Its a DAY of INFAMY…  their attack on America will be remembered just like Pearl Harbor DAY …This will not stand ..there are too many with too much FREEDOM to lose.   DEBT is Slavery….by another name.

Their day will come like an Atom Bomb !

Gold now has absolutely everything going in its favor- seasonals, technicals, fundamentals, and now global crises too numerous to mention.

Posted by Richard640 @ 17:56 on August 24, 2015  

KEEP THIS IN MIND, James Mc…

Global Crash = MOPE, and the circled number

Bill,
MOPE! MOPE! MOPE! Red alert! With TEOTWAWKI unfolding in the global financial markets it was all about MOPE, and alas, the 1% rule. Circled number showed $1171.20 and sure enough gold came within $1.40 one minute after the 9:30 NYSE open before immediately getting hit. Never mind a 2 ½ point dollar crash, 1,000 point Dow crash or China in total chaos, gold was decreed to be disgustingly, eerily calm. The improbability of gold having virtually NO reaction is (fill in your appropriate standard deviation from norm number.) If ever there was a day to suppress gold and silver this was it. No two ways about it, today was as MOPEY as it gets. Gold going up hundreds of dollars in a market crash is the thing bankster nightmares are made of. Gold now has absolutely everything going in its favor- seasonals, technicals, fundamentals, and now global crises too numerous to mention. Look for gold to have a delayed uprising soon, after the klieg light currently beaming on global equities gets a little dimmer. Gold may be suppressed in derivative terms, but the global physical market is officially on fire. And why not? It (along with silver) is practically the only remaining safe haven.

List of investment alternatives to a crashing equity/dollar market:

* Bonds – an even bigger bubble.
* Gold, silver – severely undervalued.

(Now fill in your appropriate cliché. My pick is “no-brainer”.)
James M

Posted by goldielocks @ 17:16 on August 24, 2015  

Trying to do some quick charting looks like Armstrongs 14k levels for scenarios are percentage charting or part of it as is a little higher than what I found but not too much. Oh well back to real life.

The MIning Shares Today

Posted by Auandag @ 17:15 on August 24, 2015  

Nikkei futures down 1166–rsi on the DOW is 16–looks like a bounce tomorrow….but under these conditions

Posted by Richard640 @ 16:41 on August 24, 2015  

http://futures.tradingcharts.com/marketquotes/DX.html

ya gotta suspend ….or at least take with a grain of opium…er I mean salt…technicals and rules in general

Anything can happen!

Like Goethe’s stainless steel bust falling off the mantlepiece…

Buygold @ 15:17

Posted by goldcountry @ 16:33 on August 24, 2015  

Don’t forget options exp is Thursday

NUGT down 25%-COMEX gold down .6%-I just had to take a stab-DEC options have 4 full calendar months

Posted by Richard640 @ 16:08 on August 24, 2015  

NUGT DEC 18 2015 4.00 C – 03:15:05

Bought to Open 100c @ $.90 – Total: $9,132.00

The $ down big-stocks down big–PM equities down big….gold certainly doesn’t look by a buy–but I feel that if this unraveling continues, buyers will take the Cartel head on…

In DRUCKENMILLER we trust-!

 

Armstrong

Posted by goldielocks @ 16:06 on August 24, 2015  

Well he finally came out with numbers not higher than support of mid 16660s that was bound to be taken out. Hope some people didn’t loose too much holding for a bounce in 16,000 as a fake out he was talking about less they’re really long.  Now what concerns me is some of his POs are breaching critical support below the 15,272 ish line off the 09 low. Hope he doesn’t try to lead people all the way down who aren’t really long speaking present or now past tense. Many have already been out.

Armstrong

The 16258.10 is a BULLISH REVERSAL not the BEARISH. The underlying Daily Bearish are 15340.00 and 15300.30 followed by 15095.00. Technical closing support lies at 16041.78. A closing back above this technical support will help stabilize the market. The broader support lies at 14769 to 14587. A closing below 15961.79 today would warn that we could make a new intraday low tomorrow but today’s closing would still be the lowest if we close below 16258.

Keep in mind you DO NOT want too much of a bounce just yet. That will make people feel it is over. We are better off with a less of a bounce and some churning to maintain the bearish attitude. When you have too many people saying just hold on TV, this is not very good. It is better to see full blown capitulation to create the low.

Caution is still warranted just yet and the closing will be critical. A closing above 15961.79 will help stabilize whereas a closing just over 16042 will be better for now.

Back to back 500+ down days in the DOW

Posted by Floridagold @ 16:02 on August 24, 2015  

how do the  CROOKS  allow that to happen?  Almost 1,500 in the last three days!

Wanka

Posted by goldielocks @ 15:48 on August 24, 2015  

Prices, that doesn’t surprise me and Pharmas to the same. I was surprised at your wait time link. 20 minutes. My grandson had to wait 3 hours as so many immigrants come in and that’s best time, could be worse. If I wasn’t stuck at work I probably could of cleaned and closed it without sutures. Luckily it didn’t land on his toes wearing sandals, it probably would have crushed them. I just warned the dad because he’s a busy baby and tries to imitate work its the things you don’t think of you have to worry about too just days before. He didn’t think he could move it. He’ll be alright.

Yeah don’t over do it and get some rest. We’re in hurricane season as you know. Hope you have 02 containers handy if you use a concentrator.

GS, we’ll have to see if  continues to decouple or follows the Dow if it recovers. It seemed to hold through this recient sell off of Dow that hit the low 15s this morning but critical bullish support was just below that and seemed to fight its way back up. Armstrong playing with higher targets gave no low and that could hurt people. Guess he’s being Dow bias. A further take down might cause a sell off to even gold if the dollar rises maybe or treasuries in reaction. Just something to keep a eye on in case it does.

WANKA – Your welcome pilgrim.

Posted by commish @ 15:42 on August 24, 2015  

Dow Monthly a Reprieve from the Gouvenor today ? at the last minute !

Posted by Ororeef @ 15:19 on August 24, 2015  

dow monthly  Support is at 7000 !

R640

Posted by Buygold @ 15:17 on August 24, 2015  

There’s absolutely nothing about gold or silver’s action that says this won’t be a repeat of 2008

This is just beyond ridiculous.

this has been a bohica day for silver.

Posted by treefrog @ 15:14 on August 24, 2015  

Yep eeos

Posted by Buygold @ 15:08 on August 24, 2015  

and you can be sure, even if gold were to come back to flat the HUI will be massacred for another 6-7%

No way pm shares can outperform the DOW.

Will buy NUGT….if….

Posted by Richard640 @ 15:05 on August 24, 2015  

NUGT down 18%–gold comex futs down .5%-I got an hr to go–if the DOW goes down 800 or a grand, NUGT may panic down 25%-30%–If so, I’ll be buying–DEC calls dyod–the fair are for the brave

COMEX gold will not crash like in 2008–they will try to crash PM stocks but I don’t think they will sack-seed.

Silver is troublesome…but not necessarily a deal killer….we have no idea if this will be many times worse than 2008…gold will suddenly soar at some point, if that is the case

THINK DRUCKENMILLER!–IN HOC SIGNO VINCES!

[by this sign thou shalt conquer]

newtogold ..big thanks good bud

Posted by WANKA @ 15:02 on August 24, 2015  

i’ll be back intermittently though….I need some catch up of hammock time I do. :mrgreen: in the……

toon3ewj

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.