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

goldielocks @ 20:50

Posted by ipso facto @ 23:27 on April 22, 2019  

I’ll second that notion!

4-22-The great Ballinger on gold= I am 50% invested now in the GLD June $120 calls at $2.25 and 75% long JNUG at $7.53. I am looking to add to JNUG tomorrow on the opening

Posted by Richard640 @ 22:36 on April 22, 2019  

Also bullish is the chart of the GLD posted Saturday as it has entered into oversold status. Everyone is now resigned to a test of the 200-dma at $118.25 ($1,152 for gold) but I don’t think it will get there without at least a $30 rally first.

The miners are also approaching levels from which they usually rally so with the HUI right at the 200-dma at 157.50 and with JNUG down six out of seven sessions, things are starting to get interesting.

These set-ups should work just as they have in the past but use tight stops and scale into positions.while I see how silver does in the overnight session.

I am trying desperately to ignore Mr. Einstein’s famous quote on behaviours begetting negative outcomes but I am also mindful of the diabolical machinations of the bullion bank behemoths at every turn.

Well I came up with a better REO song for maya besides Take it on the Run. Maya posted a cool photo of the train snaking around like it was eating its tail. All coiled up and hissing. Like the USA…

Posted by macroman3 @ 21:44 on April 22, 2019  

Ipso 9:51

Posted by goldielocks @ 20:50 on April 22, 2019  

Consigned to the dust bin and dumped in hazardous waist.


Posted by ipso facto @ 18:14 on April 22, 2019  

I think that’s great! Maybe he’ll be able to clean some stuff up? Talk about swamps!

Ukrainian Prez elections-sounds like a TV story but it’s true-look out deep state candidates

Posted by newtogold @ 17:56 on April 22, 2019  


Dramatic COT change in gold=The commercials increased their longs by 13,224 contracts and decreased their shorts by 41,155 contracts

Posted by Richard640 @ 17:22 on April 22, 2019  

[But “do it” matter?  One never knows, do one? (Fats Waller)]–sure didn’t help today!


*The large specs reduced their long positions by 377 contracts and increased their shorts by 10,156 contracts.

*The commercials increased their longs by 15,451 contracts and increased their shorts by 2,654 contracts.

*The small specs decreased their longs by 903 contracts and increased their shorts by 2,654 contracts.

The commercials net short position has been reduced to 24,000 contracts.


*The large specs reduced their long positions by 16,294 contracts and increased their shorts by 32,797 contracts.

*The commercials increased their longs by 13,224 contracts and decreased their shorts by 41,155 contracts.

*The small specs reduced their longs by 1,227 contracts and increased their shorts by 4,061 contracts.

The commercials net short position has been reduced to 80,000 contracts.


5:04 pm–6,035,000 shares traded in GDX since the 4 pm close–is that normal? Seems high

Posted by Richard640 @ 17:07 on April 22, 2019  

Even JNUG has traded 136,031 shares


Ipso–thanks for the insight-I’m not sure “contrary opinion” is any good for gold anymore…nothing seems to be predictive.

Posted by Richard640 @ 15:51 on April 22, 2019  

Crude up 1.70-Comex gold UP .80 & the $ is down .210–JNUG down 6.85%–JNUG May 3rd $8.50 call is .11 cents


I was thinking JNUG in the 6 or 7 buck range would be a buy–that’s down from a Feb. 18th 2019 high of 12.36…right now at 7.29 that’s almost a five buck discount and seems like a good place to buy an initial position…I’m just not sure that gold is a viable investment vehicle anymore…now does that opiniom make this the greatest contrary indicator ever? In any other market, I might say yes…but I’ve never seen, in 25 years, a more world-wide concentrated effort by the official govvie sector to remove gold from the investment landscape…so weird…countries are buying gold and capping it at the same time…


Posted by ipso facto @ 14:32 on April 22, 2019  

HUI getting oversold and almost down to the 200 day MA. Seems like the shares have continued to go down without gold doing much. If the best buying opps are when you’re feeling nauseous then maybe this is one.

Having said that … over the past few years almost all sales have been good sales in the PM sector.

Crude up 1.70-Comex gold up 1.20-$ down .210–JNUG down 4.85%–JNUG May 3rd $8.50 call is .13 cents

Posted by Richard640 @ 14:21 on April 22, 2019  

They [the option writers] are making me an offer I can’t refuse…only problem is that with all these seemingly gold bullish conditions today JNUG IS actually down .39 cents…so if oil is up another buck and the dollar is down again tomorrow there is no guarantee that JNUG won’t be down again…anybody buying this mess?


Posted by Richard640 @ 14:08 on April 22, 2019  

In all my time studying markets, I can’t recall a single instance when the split between “pros” and “retail” has ever been higher.

Clashing views

This leaves us in an awkward position. The professionals are bearish and believe this rally should be sold.

Yet retail is hoovering up stocks like a brand-spanking-new triple-action model with the red trim and all the options.

In the old days it would make sense to go with the professionals – after all they do this for a living.

But in this age of limited alpha, I believe the choice is not nearly as clear.

Ironically, the weak hands are no longer retail and they are not nearly as “dumb” as Wall Street believes. Retail investors don’t have the pressure of monthly return comparisons. They don’t have consultants threatening to pull money at the first sign of underperformamce.

This might sound absurd, but I would rather be on the side of retail. I know that would mean buying stocks up here at plus 25%.



Ipso 9:48

Posted by goldielocks @ 13:11 on April 22, 2019  

Too bad we can block Iran, the instigator and funder of terrorist and controller of Syria and Iraq.

Posted by treefrog @ 10:46 on April 22, 2019  


10:13 am–This is getting monotonous…

Posted by Richard640 @ 10:15 on April 22, 2019  

Comex gold up 1.70 silver up 12–yet JNUG down 7 cents & GDX down 9 cents

Announces Presidential Run

Posted by commish @ 10:07 on April 22, 2019  

I’ll be happier when these two are consigned to the dustbin of history

Posted by ipso facto @ 9:51 on April 22, 2019  

“They’re Called Christians”: Conservatives Mock Obama, Clinton For Tweets About Sri Lankan ‘Easter Worshippers’

Hillary Clinton and Barack Obama are being roundly criticized for their apparently coordinated decision not to use the word ‘Christian’ to describe the victims of the Easter Sunday bombings in Sri Lanka, which targeted three Catholic churches, among other targets. Some even speculated whether Obama’s and Clinton’s decision was intended to undermine the Christian faith in the US.


The warmongers would love this

Posted by ipso facto @ 9:48 on April 22, 2019  

Iran Threatens To Close Strait Of Hormuz If US Blocks Its Oil Exports


Like. those great patriots Georgie Jessel and. Barry Goldwater, I’m PROUD to be an America-things are heating up…got gold?

Posted by Richard640 @ 8:49 on April 22, 2019  

It’s the first time Air Force F-35s have been sent to the Middle East.

“We are adding a cutting-edge weapons system to our arsenal that significantly enhances the capability of the coalition,” Lt. Gen. Joseph T. Guastella, commander of AFCENT, said in the release. “The sensor fusion and survivability this aircraft provides to the joint force will enhance security and stability across the theater and deter aggressors.”

“The F-35A provides our nation air dominance in any threat,” added Air Force Chief of Staff Gen. David Goldfein. “When it comes to having a ‘quarterback’ for the coalition joint force, the interoperable F-35A is clearly the aircraft for the leadership role.”

The F-35’s deployment comes one month after Rockwell B-1 Lancer bombers completed their deployment at Al Udeid Air Base in Qatar, which left an operational gap of planes in the Middle East. The F-35s will support regional allies in airstrikes against the Taliban and Islamic State in Afghanistan.

Well I haveta post a standard REO Speedwagon as Maya didn’t get my Ransom Eli Olds theme…I bet ole Copper would understand…

Posted by macroman3 @ 1:52 on April 22, 2019  

Try not to have a heart attack ol’boy…

Treefrog and Buygold

Posted by goldielocks @ 1:29 on April 22, 2019  

Or when the Muslims took a big chunk of India for themselves and called it Pakista and now trying to do the same to India. The most striking was the Roman Empire which took up most of Europe and part of Africa after socialism and ran out of money so went the guards st the borders.Isreal has history that goes way back. Then came Christians then last was muslims.

Gold Train

Posted by Maya @ 0:16 on April 22, 2019  


Monday morning is coming.  There’s a Daylight Departure.


R640, in all honesty, I don’t get your bent. I assume you are of Christian teachings. And you defend Jewish religion to where you will die for them. OK, maybe you will not die for them, but you will send your neighbors kid to die for them.

Posted by macroman3 @ 0:15 on April 22, 2019  

How can an intelligent man such as yourself believe in any of this crap? Do you not see how one Magic Man is played against the other to advance Humanity’s Paradox?

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