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

Gold Train

Posted by Maya @ 23:40 on September 29, 2019  


The little engine that could…. haul a streamliner
thru scenic New Hampshire.


Credit. Bubble Bulletin=in a world of heightened financial, economic and geopolitically instability – there is a scenario where the unraveling begins

Posted by Richard640 @ 19:16 on September 29, 2019  

Chinese company listed ADRs were slammed in Friday U.S. trading. This creates Monday morning Chinese market and currency vulnerability. To this point, it’s been the Teflon President affixed to Teflon markets. But between “repo” market instability, Washington chaos, the risk of serious trade war escalation –

in a world of heightened financial, economic and geopolitically instability – there is a scenario where the unraveling begins

Markets have to this point demonstrated astounding faith that the President will ultimately act in their best interest. As always, markets are a contest of greed and fear. One of the bad scenarios would be the markets fearing an administration resorting to a “scorched earth” gambit.  


To short. or not to. short, that is. the question.

Posted by Richard640 @ 18:19 on September 29, 2019  
The Morning Line for Monday
Published Sunday, September 29, 5:00 p.m. ET

A Permabear’s Dilemma
As Market Top Draws Near

Readers rightfully took me to task last week for putting out two headlines that appeared to at least mildly contradict one other and which taken together could only have left one wanting more clarity. The first said Don’t Load Up on Puts Quite Yet;  the second, There’s Still Time to Load Up on Puts.  So which is it? Do we get short here, or not? Well, the answer, like the market itself, is more art than science and for me reduces to this: The bull’s ten-year rampage has at least a little farther to go, but it can’t hurt to nibble on put options now, just in case. Thus was your editor a buyer of DIA October 4 265 put options on Friday after pondering the chart above. It is one that I’d shared with you earlier but which I put aside in favor of an AAPL chart that looked more bullish.  It still does, and it leaves me quite confident that shares of Apple, a key bellwether for the bull market, are very likely to rise from a current 219 to at least 242 before the fat lady sings. That would equate to a rally of about 10 percent, which, if it occurs, would imply that the broad averages will remain buoyant at least until then.

Formidable Wall of Worry

Like many of you, I’m convinced stocks are a bad risk at these levels. Indeed, it is not difficult to reel off a list of good reasons why a bear market should already have begun. September is historically the market’s worst month, and this year there were plenty of things to worry about when it commenced. For one, Europe is well into a recession that threatens to be bottomless. At the same time, China’s growth has contracted sharply. The trade war has dramatically slowed the global economy and smothered capital investment everywhere. U.S. manufacturing output has begun to drop, accompanied recently by a steep plunge in consumer confidence.  Of even greater concern is that consumer spending itself, the main engine of U.S. prosperity, has started to weaken. Unsold automobiles from 2019 are piling up on the lots and the crucial housing sector is in an apparent dead-cat bounce, spurred by desperate Fed maneuvering. The central bank is struggling increasingly to hold a potentially catastrophic deflation at bay, unable to prop up even crude oil’s price. Sobriety has returned to the IPO market with a vengeance, forcing WeWork’s greedy handlers to abort a deal tied to a $50 billion valuation when it got marked down to $15-billion-or-less. Perhaps most significantly of all, the corporate money freed up by Trump’s tax cuts has been spent after having pumped almost two trillion dollars into share buybacks over the last two years.

Party Is Over

On the evidence, only an idiot could doubt the party is over. And yet, U.S. stocks have been frolicking in record territory since early July, detached not only from such concerns, but from reality. In the meantime, trying to predict exactly when a decade of easy-money madness will end is a fool’s errand. Despite this, for most professional forecasters the challenge is too tempting to pass up. Gurus have technical tools that supposedly can help us put this nearly impossible feat within reach. In truth, we are no better at it than you and possess no special knowledge that would give us an edge. Like you, and considering the recessionary drift of the global economy, we regard the stock market at these levels as nothing short of terrifying. A few hundred dollars invested in put options from time to time is not likely to produce big profits, if any, but it can help one sleep a little easier.

Kellyanne Conway sure has thick skin to put up with this group of assholes and manage to keep a smile on her face!

Posted by silverngold @ 17:40 on September 29, 2019  

Angry Bird

Posted by Maya @ 17:15 on September 29, 2019  




Is This The Real Driver Of Gold’s Recent Weakness?

Posted by ipso facto @ 15:07 on September 29, 2019  


Pharma says they’re in it for stock profit not helping the sick.

Posted by goldielocks @ 13:08 on September 29, 2019  

Big Pharma CEO: ‘We’re in Business of Shareholder Profit, Not Helping The Sick’

Mr Copper 12:30 Sept 27

Posted by goldielocks @ 7:22 on September 29, 2019  

Good post. Something to educate the people especially young who never knew a good economy.Post war didn’t end for us. Now pulling a blanket over their eyes with lying to them the reason jobs are going is environmental. Without the concept of what it means to them because the young never saw them. Now they see fast food chains. Since a war we didn’t even want Europe couldn’t contain their own rogue enemies were now expected to fight the majority of any future conflicts to infinity. While we bury our soldiers who have no jobs to go back to they send their kids to college. They still have their car manufacturing too.

Posted by Maya @ 0:44 on September 29, 2019  



Posted by eeos @ 0:32 on September 29, 2019  


This is wild stuff, check out the video below. Try the full-screen button on the lower right hand of the video player.

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