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

FWIW but sure fits my thinking about all the most damaging weather in recorded history and not just in Mexico Beach Fla

Posted by silverngold @ 16:59 on October 14, 2018  

The Gospel- according to John [Rubino]–I hope, at long last–he’s right this time…

Posted by Richard640 @ 13:53 on October 14, 2018  
These aren’t especially notable moves, and can be reversed out in a single big “risk-on” trading day. But again, they’re a taste of what’s coming when it finally dawns on investors that every major asset but gold is overvalued and therefore prone to correct if not crash. Even instruments previously thought to be safe havens like government bonds and cryptocurrencies have become bubbles destined to pop.
Gold is the only thing that’s hasn’t been bid up to bubble territory in the past few years, which makes it cheap and therefore relatively safe. Combine this undervaluation with the even more important fact that precious metals have historically been THE safe haven in times of financial and geopolitical stress, and there’s a real possibility of global capital not just trickling but pouring into this tiny market. That gold short squeeze will be one for the history books.

interesting signal

Posted by treefrog @ 13:08 on October 14, 2018  



MAJOR ALERT: Commercials Dramatically Increased Most Long Gold Position Since 2001

Merkel on her way out?

Posted by ipso facto @ 12:54 on October 14, 2018  

“This Is An Earthquake For Bavaria”: CSU Suffers Stunning Defeat, Loses Absolute Majority In Worst Result Since 1950

Voters in Germany’s economically dominant southern state of Bavaria delivered a stunning rebuke to the ruling Christian Social Union, in an election that underscored the evaporation of support for the parties in Angela Merkel’s grand coalition in Berlin.

With all eyes on Sunday’s Bavaria election, moments ago the first exit polls showed a historic collapse for the ruling CSU party, which has ruled Bavaria continuously since 1957, and which saw its share of the vote collapse from 47.7% in the 2013 election to just 35.5%, losing its absolute majority and suffering its worst result since 1950, as voters defected in their droves to the Greens and the far-right Alternative for Germany.

cont. https://www.zerohedge.com/news/2018-10-14/csu-suffers-stunning-defeat-bavaria-loses-absolute-majority-worst-result-1950

Do You Wanna Dance?

Posted by Portugeezer @ 12:43 on October 14, 2018  


Are Credit Spreads Still a Leading Indicator for the Stock Market? October 13, 2018

Posted by Richard640 @ 10:55 on October 14, 2018  

A Well-Established Tradition 

We pointed out at the time that in light of “QE” by major central banks “it is quite possible that future developments will continue to diverge in a number of respects from historical experience. In short, we may not get the warnings we usually get before euphoria turns to panic.”  waiting for high yield bonds to conveniently crack and provide advance warning of a future stock market decline may not be the best idea
Seemingly out of the blue, equities suffered a few bad hair days recently. As regular readers know, we have long argued that one should expect corrections in the form of mini-crashes to strike with very little advance warning, due to issues related to market structure and the unique post “QE” environment. Credit spreads are traditionally a fairly reliable early warning indicator for stocks and the economy (and incidentally for gold as well). Here is a chart of US high yield spreads – currently they indicate that nothing is amiss:

San Francisco 2.0 (2.54 min)

Posted by commish @ 10:00 on October 14, 2018  

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