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

Northman. trader–he was on CNBC. at 5pm Monday and accorded. great respect by the Boys and Karen.

Posted by Richard640 @ 22:53 on September 12, 2019  
Why am I ranting and complaining about all this?
Well, for one, I don’t like being lied to and a concerted effort of deception is what the entire central banking cabal is engaged in during every policy meeting and press conference as they keep dancing about a key truth: With a fragile global economy the world is one confidence sapping 10%-20% market correction away from triggering a global recession. Central banks know this. Preventing this is the prime directive. Everything else is noise.
And unaccountable  policy failure they keep doubling down on policies that have prompted record wealth inequality spurred not by growth in the larger economy but by growth in vast asset price inflation benefitting the very few:
Come on. Get real. QE infinity will not produce growth and neither will more negative rates. At best they can hope for is prevent a major market sell off to trigger a confidence bust leading to a recession. But the jury on this remains out. All new highs over the past 18 months have been sold.  All highs have come on central bank promises. As we are making new highs on the heels of the ECB decision and perhaps the Fed next week the question of efficacy will reveal itself.

An interview with Ted Butler-he’s been telling the same. story for 25 years…..it’s getting pretty. stale..

Posted by Richard640 @ 22:39 on September 12, 2019  

Q: What about the biggest silver hoarder of all, JPMorgan?

A: Yes, they have recently become aggressive again and are the leader in taking delivery from the COMEX. They have around 850 million ounces of physical silver which is the equivalent of all the silver mined worldwide in one year. Between the ETFs and JPMorgan, they own most of the silver in the world.

Q: Is JPM the whole story in silver?

A: Yes, they are in complete control.

Q: Any chance they might use all that physical silver to hold down the price?

A: JPM holds enough physical silver to stave off any physical shortage for years, but the compelling question is why would they? They are already billions of dollars ahead on their physical gold and silver holdings after being in the red until this year. And they stand to make many tens of billions more by holding it and not supplying physical silver to the market.

 

Q: I wish more people could see the opportunity that JPMorgan sees in holding silver for the long term.

A: This business about JPMorgan buying up more physical silver (and gold) than ever seen in history is not known to most people. JPMorgan has been buying massive amounts of physical silver for eight years now. As the kingpin of the silver and gold markets, JPMorgan is now positioned to make an absolute fortune on higher prices. Your readers should do the same thing that JPMorgan is doing. They would also have a chance to make a fortune.

 

http://silverseek.com/commentary/jim-cook-interviews-ted-butler-case-silver-price-explosion-has-never-been-stronger-17753

From the Campbell Real Estate. News letter

Posted by Richard640 @ 22:29 on September 12, 2019  

Recession Looming with Unemployment So Low?

How could a recession be on the horizon with the U.S. unemployment rate (3.7%) at a 50 year low?

What most people don’t realize is thatthe unemployment rate is a lagging economic indicatorand not a leading indicator like the yield curve.

As the chart to the right shows, the unemployment rate has always been near its trough when recessions startand near their peak when recessions end.

In short, just like I don’t use laggingindicators to time real estate markets, you cant forecast economic turning points using lagging economic indicators either

page2image17616

DUDE !Here are some of todays positive results,since China results were so good ,maybe somebody is messing with US…and Maybe tomorow brings some good news for GOLD and “THEY wanted to MITIGATE ” the “GOOD NEWS” ,,,Ya just never know,Ya cant take things at FACE VALUE anymore ! Thats just not the way it is… “

Posted by Ororeef @ 20:38 on September 12, 2019  

au-ag-otc auag-ny auag-toronto2au-ag-amex

Buygold @ 19:26 on September 12, 2019

Posted by Ororeef @ 20:25 on September 12, 2019  

just messin’  with you guys ,dont be so glum ….Its a BULL market ya KNOW !  the can stop it for a day ,but they cant hold back the tide !

Ororeef – Dude!!!

Posted by Buygold @ 19:26 on September 12, 2019  

How long did it take you to find CHNR as a winner? 56K shares traded.

C’mon man!! Plug in MUX and GPL then give the day a full review.

Who the hell owns CHNR? Geesh

WTF ! If this was such a bad day HOW COME China Natural Resources was UP 25 %

Posted by Ororeef @ 18:51 on September 12, 2019  

chnr

This was a day worth forgetting

Posted by Buygold @ 16:25 on September 12, 2019  

Never ceases to amaze just how bad they beat the shit out of the shares.

r640 @16:18

Posted by treefrog @ 16:22 on September 12, 2019  

could be –

i like the way you think, but i’ll feel better when i see it in the rear-view mirror.

 

rockin’ and rollin’ and blowin’ the hinges off the doors!

G&S. could be rockin n rollin by morning….

Posted by Richard640 @ 16:18 on September 12, 2019  

From a poster on wollies forum

Posted by Richard640 @ 16:15 on September 12, 2019  

Interesting that the AA Bulls are finally back over bears while I’m at a record high and the markets, other than the RUT, are just below their record highs.

II Bullz 50.0 Bearz 17.9

I’d classify II as “mildly bullish” and well past the fat pitch levels the other charts I have indicate but probably still plenty of room to run.

Here is one of the charts from : Investor Sentiment Charts for September 11, 2019

TD is only “mildly bullish” also.

wollie today. at. 12:17pm

Posted by Richard640 @ 16:10 on September 12, 2019  

dont get 2 excited we are very overbot and opex is next wk

trader talk gave a sell signal today….zero shorts

today we will find out if www saw the high close for a decline into opex eh…..thur always a confirmation day

[sorry, I don’t know what www. is…do you?]

Maddog–socialism and big intrusive government=a recipe for disaster–we need another Margie Thatcher..Boris is a good ole boy

Posted by Richard640 @ 16:03 on September 12, 2019  

buy like trump he'[s. up against. the swamp…

ABSOLUTELY LOVING THE CLOSE!! DOW UP 46

gold trying to. have a pulse but it will be up. and screaming by morning

BUY. THE RUMOR AND SELL THE NEWS!! CLASSIC!!

Buygold–I. was. thinking. about that–Not sure but he may have said when an attempt. at

Posted by Richard640 @ 15:57 on September 12, 2019  

a. triple top fails. then the mkt comes back the. 4 th try usually. succeed–but I am not sure…no question stocks look like they are back in the “no downside mode” like in 2016-17….

But the stock mkt wish list has been granted

tariff/trade war–will be. resolved soon

rates to stay forever low–fed will ease–europe already did today

so. why  ain’t the DOW up 500  pts?…I mean…c’mon…what’s 500 DOW points in the great scheme of things? A mere bagatelle…the trannies are down 37…

Anyway–everybody take. all my blah-blah-blah b.s. with a. grain of salt…I’m just trying to keep myself busy and I tend. towards the. melodramatic…

Hearken! What’s this? the. DOW’s up 64 pts…6. minutes left…where’s the raz-a-mataz finish???

Tomorrows Friday the 13th…gulp!

Related image

Buygold

Posted by goldielocks @ 15:56 on September 12, 2019  

A triple top pattern and the Dow chart.
Meaning it can’t surpass last high three times which it breached but nowimg_3412

img_3413 if it can’t breach last high we might have something else.. BUT NOT CONFIRMED until it breaches support. It’s wise to put percentage stop losses anyways.

Buygold

Posted by Maddog @ 15:51 on September 12, 2019  

Bund rates shot up today….it was caught the same as all rate mkts……so I don’t see any Bund buying versus Treasury selling…….. the losses on Bond desks today are going to be horrible.

shares fading

Posted by treefrog @ 15:48 on September 12, 2019  

hui getting beat down going into the close.  🙁

Vaping

Posted by goldielocks @ 15:28 on September 12, 2019  

A person who works for a vape store told me that the illnesses are caused by street cartilages of tobacco vape but mostly THC isn’t coming from licensed stores. They sell it cheaper so people buy them instead and that’s are they are getting sick. I can’t verify if all the cases but they just found a black market with all the vita E in them which they suspect the culprit. Plus the THC more potent and labeled as candy flavor.

R6

Posted by Buygold @ 15:13 on September 12, 2019  

You know that I’m no t/a guru but with regard to the triple top in the DOW, isn’t it true that triple tops rarely hold according to Saville? Meaning the DOW should explode to new high? Just asking…😧

The way rates keep climbing we are damn lucky not to be down more but I’m not sure pm’s turn this week, today seemed like a good opportunity and yet….

Are they seriously selling US Treasuries and buying German Bunds?

Beam me up Scotty

R640

Posted by Maddog @ 14:33 on September 12, 2019  

Dunno what to make of Draghi and the ECB….it may well have been sour grapes against Draghi, that they spoke out…as it is long past time any CB has any hawkish credentials, they are all part of the printing/debt/anything goes experiment.

The ECB is going to be loose for ever, as their system is crap and run by idiots…even mighty Germany will topple, as many people are pissed off with their existing politicians, but will vote Green as a protest vote, as they can’t stomach the AfD….don’t ask…despite the Greens being all mad hippies still.

It seems they will only wake up, when they are living under an overpass and is snowing like hell.

adogsbody

Posted by ipso facto @ 13:37 on September 12, 2019  

Welcome!

gpr/gpl

Posted by treefrog @ 13:34 on September 12, 2019  

great pussycat is one of my “sleepers.”  when the silver market goes bananas, these obscure miners can be ten baggers.  some of them will be rocket ships.  worth keeping in the basket.

Maddog–Buygold–European stock mkts were unimpressed by. Draghis action

Posted by Richard640 @ 13:29 on September 12, 2019  

https://in.finance.yahoo.com/world-indices

There comes a time in a traders career. when u just know. a historic turn is unfolding right before. your. eyes…today is. one of them…I  usually. am frozen in place…but I have really pushed myself yesterday. and today to get invested…there are no guarantees…just. risk/reward…again, I repeat, I just can’t see G&S as a liquidating asset under current conditions

But…but…rates are rising…again, let’s go back to early. 1979–gold was 250 and the fed funds rate was 10.5%–by. january 1980 gold topped out at 850 and fed. funds were 14%…

again, let’s repeat the Mantra=

The end is nigh, brother, the end is nigh! 
 
World markets are like a pie crust stretched across the roof of a volcano!
 
Fu Manchu is about to pull the lever to the trap door!
 
Warbucks signals the trusty  Punjab to cut the cords of the rope bridge!
 
Grease the skids! Happy tobogganing!

 

Richard640 @ 13:08

Posted by Captain Hook @ 13:23 on September 12, 2019  

I sure hope you are right as it appears central planners are cornered.

The hot inflation numbers this morning (CPI) were designed to counter Draghi losing his mind. Without that stick save gold would be up $30 right now minimum.

But with the bonds melting down, this illusion of an economy won’t last long.

Certainly if Powell only cuts .25 basis points next week it should get interesting as the $ continues to scream higher.

That’s not how you win a ‘currency war’, which is on like Donkey Kong now if Draghi is to be taken seriously (chuckle).

Cheers

Buygold

Posted by Maddog @ 13:09 on September 12, 2019  

Notes and Bonds are pukeing/stop lossing…This is not a real move on fundamentals etc …but of course the Algo’s can’t think that…so hit PM’s etc.

But why the Dollar is not being bid and the SM sold…only the scum could say, as they should be on riseing rates.

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