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

10:30 pm–aug. gold=$1421.50– up 60 cents-$5 off the high and $9 off the low…the fun n games continue…bon. soir…dormez bien…

Posted by Richard640 @ 22:34 on July 4, 2019  

Here comes gold again–spot gold up $4.10–let’s see what crazy sh*t it’s got to have to

Posted by Richard640 @ 20:21 on July 4, 2019  

put up with and how it will look by morning–I guess we can expect the usual holding silver to a penny or 2 gain…I hope we don’t repeat Fridays “gain”  that saw JNUG DOWN on the day,,,

SPOT MARKET IS OPEN
closes in 20 hrs. 46 mins.
Jul 04, 2019 20:14 NY Time
Bid/Ask 1419.00 / 1420.00
Low/High 1409.50 / 1424.60
Change +4.10 +0.29%
30daychg +93.90 +7.09%
1yearchg +162.50 +12.93%

Intellectual Froglegs

Posted by commish @ 19:39 on July 4, 2019  

New episode “The Joy Of Capitalism”

Home

maya – Joe Walsh WB6ACU plays a mean guitar at the end.

Posted by Maya @ 19:29 on July 4, 2019  

patch

 

Folsom

Posted by goldielocks @ 18:08 on July 4, 2019  

Calif earthquake 6.4

Posted by goldielocks @ 17:46 on July 4, 2019  

Glad they’re building the buildings better. Kern has awesome fishing and water rafting.
Unusual to have a summer quake.
Glad there getting over it before I head down to Disney.
Up here a lot of rivers and lakes for the forth I went on one mellow river ride or though where you kick back and can have drinks.
Instead a lot of young out there with powerful squirt guns attacking people with ice cold water and having water fights.
To make it worse one of my friends had Ptsd VN and scared some guy so bad he jumped out of his boat and hid. Some idiot threw water on him knocking of his expensive sunglasses and wasn’t young and in a flash got hit with a beer before I could even react to the water Just one of those roudy areas in mostly a good way still at lot of patriots.
This Folsom here people will be hanging out too. This isn’t happening now but the beauty of this area.
They have s new bridge with a giant Flag the biggest I’ve ever seen. Those offended don’t cross.This is the old bridge.

HAPPY 4TH to all with a special THANKS to

Posted by Ororeef @ 16:32 on July 4, 2019  

GEORGE,JOHN,THOMAS,BEN,ALEX,JAMES, et AL……Great JOB  !

It sickens me…

Posted by Maya @ 15:52 on July 4, 2019  

when the socio-commie-libtard-left AND THE DAMN PRESS finds an excuse to  diss the President of the US for a patriotic parade on this country’s ‘Independence Day’.

We need to be independent from these country-destroying idiots.  We need a deep state regime-change to get rid of these cancerous, traitorous  Demo-liberals!

Trotting out a ‘veteran’ who says he supports veterans, but NOT the President and his parade??!  Beyond the pale.

Oh, yeah….   best wishes for a Happy Independence Day for any true patriots left out there.  Please shove a big firecracker up the nearest libtard for me.

Richard640 @ 13:59 on July 4, 2019 Reverse Splits are theoretical money

Posted by Ororeef @ 15:42 on July 4, 2019  

jnug-riskId rather have $11.50 at risk than $59.00 at risk in a falling cycle,reverse splits never happin in a rising stock always a falling stock.Its great for the short sellers .REAL dollars are at risk ,not % dollars.Run as fast as you can from any reverse split.this cycle down bottom looks like $35.00 ,,those are real dollars ,not theoretical.jnug is always a wasting asset ,just like a Gold mine ! You only make money by catching cycles on the up swing .Its a mathematical certainty the day of the split is its inherent top ,after that its a wasting asset ,so wait till the next cycle bottom before buying,dont fight the trend.and never ,ever buy after a reverse split in a stock with NO earnings …..theres nothing to hold the price up .New buyers wont touch a $59.00 stock with no earnings  ,but will buy an $11.00 stock because of the DOLLARS at RISK.NEW buyers view it very different than those already in pre split.$59.00 is a much harder sell than $11.50 …Its the DOLLARS at risk,not the percentage..

In this chart each successive bottom has been lower ,I wouldent be a buyer here,not until I see a change in direction probably around $35.00 or lower.The chart will tell me ,I dont guess.but in any case there are fewer  buyers @ $59.00 than $11.50 pre split.Deeper pockets needed.I did trade jnug successfully before ,I avoid now ..

silver rider @ 7:10

Posted by Maya @ 15:41 on July 4, 2019  

It kind of looks like a crack, doesn’t it?  But I seriously doubt it is.  This is the double-track transcon mainline of the Santa Fe, and I’m sure it is structurally inspected regularly.  The white color suggests to me it might be calcium deposit on the surface.

Now, now R640

Posted by Buygold @ 14:09 on July 4, 2019  

I guess we have to give old Clive Maund his due, and I certainly don’t want to get punched in the nose by a guy in his 70’s! 🙂

Seriously though, Clive may have caught this one and I know Maddog and others are watching that $1380 level closely.

Just  looking for one of those $5K calls to come true – within the next twelve months would be nice….:)

Edit: Thanks for asking the JNUG question. Didn’t understand that either.

 

Ororeef–I don’t understand–wasn’t it a one for 5 split?

Posted by Richard640 @ 13:59 on July 4, 2019  

JNUG’s 7th split took place on June 28, 2019. This was a 1 for 5 reverse split, meaning for each 5 shares of JNUG owned pre-split, the shareholder now owned 1 share. For example, a 50 share position pre-split, became a 10 share position following the split.

*****************************

JNUG closed at $59 yesterday–divide that by 5 and you get

59 / 5 = $11.80

********************************

that seems too cheap—how is it overpriced? I must be missing something–could u please explain what you mean? TIA

SPY/GLD RATIO=There are just too many other divergences happening right now that point to an increasingly unstable and unhealthy situation, such as new records in negative yielding bonds, a complete disconnect between macro economic data and stock prices, and Bitcoin’s near quadrupling in price 2019 to-date.

Posted by Richard640 @ 13:49 on July 4, 2019  
U.S. stocks continued to hit new highs via this ratio until the most recent high in September 2018. This represented a seven year equity bull market of historic proportions, but since last fall the ratio has consistently lagged nominal highs in stocks as you can see in the chart below.
What I find so interesting about the above chart is that both of 2019’s new record highs in the U.S. equity market came at considerably lower levels in the SPY/GLD ratio compared to last fall’s high. In fact, today’s SPY/GLD ratio is not just 14% below where the ratio was during last September’s stock market high, it’s also 3% below the prior equity market high in May.
***************************************************************

JNUG is Overpriced by about $20 reverse split

Posted by Ororeef @ 13:27 on July 4, 2019  

a disaster !

Commish 13:16

Posted by goldielocks @ 12:54 on July 4, 2019  

Did you see low IQ AOC condem threats to this child. But but but she cares about children right.
Mini AOC last imitation should of went ” Mirror mirror on the wall, who’s the fairest of them all Mirror says it’s mini AOC. AOC sends out the henchmen.

Big volume today in gold futures for a holiday-gold’s down 3.40 but $5 off the low

Posted by Richard640 @ 11:51 on July 4, 2019  

Store your gold (allocated , numbered bars) safely at a bank ….Aaaaaand it’s GONE !

Posted by Alex Valdor @ 9:12 on July 4, 2019  

SWISS BANK LOSES CLIENT’S GOLD

I would insist at a minimum , that any replacement bars be assayed or even recast by a reputable refiner .

Gold or the 30 yr Italian bond=le choix est le tien!–“There’s too much cash looking for a safe haven home,”

Posted by Richard640 @ 9:10 on July 4, 2019  

This latest curve inversion, which signals that a European recession is looming, has spurred investors to buy riskier assets such as 30 Year Italian bonds, which yesterday saw their biggest one day gain since Draghi’s 2012 “whatever it takes” speech.

10-year German bund yields fell 8bps this week to a record-low minus 0.41%. Italian bonds have outpaced the bund rally to narrow the spread between the two to below 200 basis points Wednesday, the lowest since May 2018.

Meanwhile, confirming that Albert Edwards’ deflationary “ice age” is upon us, 10Y bonds from Belgium, France and the Netherlands have already joined the sub-zero club, which now amounts to a record $13.4 trillion in negative-yielding debt.

ADM Investor Services strategist Marc Ostwald warned that the huge stock of bonds yielding below zero might pose risks if the global economy shows signs of a rebound in the second half of the year: —

Gosh dangit-it’s July 4th! I’m all bulled up & Clive Maund is on fire-his record is not 100% but like Schiff, he’s right now and anyone who says a bad word about him runs the risk of me knocking his teeth out-! (giggle!)

Posted by Richard640 @ 8:34 on July 4, 2019  

GOLD’S EPOCHAL BREAKOUT WILL NOT BE NEGATED BY A CORRECTION…Clive Maund

originally published Wednesday, June 26, 2019

It has been a truly glorious month for gold, and the purpose of this update is to point out firstly that the gold breakout of the past week was genuine and secondly that any short term reaction back as far as $1380 or even $1370 will not negate the breakout – instead it should be seized upon as an opportunity to build positions across the sector, especially in trampled down undervalued silver stocks – silver broke higher last week on its strongest upside volume since its frothy top in 2011 and on its 2nd highest upside volume ever.

On the 6-month gold chart we can see the impressive breakout runup of recent days that has taken gold to a Flag target that it has reached in an extremely overbought state, which means it is entitled to take a rest here and that is what it is doing. Two other factors calling for immediate consolidation/reaction are the appearance of a short-term bearish shooting star candlestick on the chart yesterday, and the fact that it has run way ahead of its moving averages, which are now in strongly bullish alignment. We should not be surprised therefore to see it react back near-term, to perhaps $1380 or even $1370, which will have folks doubting that the gold breakout is genuine, but it is genuine, as made clear by the strong volume on the

The 3-year chart gives us useful perspective on the breakout, enabling us to see that it occurred from a fine Cup-and-Handle base that we had delineated quite a while back. This chart also makes clear how steep the recent rise has been and shows that it has become extremely overbought on its MACD, which means that it could do with a rest now. However, that said, THIS IS A MAJOR AND PROBABLY EPOCHAL BREAKOUT THAT IS OCCURRING HERE, SO GOLD IS PERFECTLY ENTITLED TO ACCELERATE AWAY TO THE UPSIDE, and is thus not expected to tarry for long. So any near-term weakness may be bought aggressively


Fundamentally gold has everything going for it here. Central Banks are buying it hand over fist, major powers that have been bullied and threatened by the US, like China and Russia, are buying it hand over fist, in readiness for burying the dollar, and the Fed and other Central Banks have painted themselves into a corner where the only thing they can think of doing is printing money like crazy to try 
to stop the system from imploding

Hey Libtards

Posted by commish @ 8:27 on July 4, 2019  

d-oftv2wsaam7t8

Maya @ 3:12 on July 4, 2019

Posted by silver rider @ 7:10 on July 4, 2019  

Is that white streak on the left lower support a crack,  or what??

 

 

Happy Independence Day !

Posted by Alex Valdor @ 5:53 on July 4, 2019  

May the principals of freedom behind the declaration be maintained for generations to come .

Gold Train

Posted by Maya @ 3:12 on July 4, 2019  

rrflasher-copy

There was no way around it, so the
Atchison, Topeka, & Santa Fe built this
massive bridge for their mainline across
Arizona’s Canyon Diablo.
https://railpictures.net/photo/701825/

 

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