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


Posted by redneckokie1 @ 23:03 on January 21, 2020  

Look at 20 year chart of natural gas. Four or five lows in this area but slow upside.


Posted by goldielocks @ 23:03 on January 21, 2020  


Posted by goldielocks @ 22:48 on January 21, 2020  


Posted by goldielocks @ 22:39 on January 21, 2020  


Mr Copper

Posted by goldielocks @ 22:32 on January 21, 2020  

Well you could get a carrear politician in like Hillary and it would be like a vaccine commercial. A whole bunch of deadly ingredients, pro aborted baby cells, a whole list of side effects but they won’t tell you. If your injured or die they will deny it was them. They are above the law so will never be held accountable. If you try to expose them you’ll be floating in a river.

Trump Disclaimer-ed Himself

Posted by Mr.Copper @ 22:07 on January 21, 2020  

I just thought of something.  I was watching a drug commercial describing all the 100 side effects, that nobody will remember, ie disclaimers, and if the drug hurts you, too bad, “we told or warned you”.

Well, when Trump was campaigning, he exposed himself. He let it all out. He warned everyone.

“I call people names, Mexicans are rapists’ and drug dealers, some are good, I’m obnoxious, I don’t care who I insult or whos feelings I hurt, I’ll beak all our allies balls. make them pay etc etc”

He got voted in anyway. Just like people buying all those blood pressure and cholesterol drugs even with the disclaimers.

In the shower this morning I realized that half or high percentage of the people of Iraq and Iran are or have been “modernized” but too many are still the old way. Causing trouble. Untrainable. Like a wild horse that needs to be “broken” for public use.

Its the same in the USA. A large percentage of Americans have been modernized. (mostly democrats) But too many good people still are NOT modernized. Like gun owners, gas guzzling SUV owners, anti establishment folks etc. Eh? 🙂

the weather forecast for miami …

Posted by treefrog @ 21:07 on January 21, 2020  

includes falling iguanas.  the lizzards, not native to south florida, have become established from escapes and releases of pets.  (yes, some people keep pet lizzards.) being cold blooded, when the temperature gets below 40, they lose consciousness and fall out of their perches in the trees.  the weather department advises people to leave them alone and they will recover by themselves when it warms up.

NONSENSE !!  they are free groceries from heaven.  take them home and cook them.  they are delicious.  most any chicken recipe will work.



Richard640 @ 19:39

Posted by ipso facto @ 20:26 on January 21, 2020  

What could go wrong. Looks like a solid business practice … it’s a deja vu nightmare!


Posted by Richard640 @ 19:51 on January 21, 2020  

The narrow public ownership of equities limits the spending impulse for consumers, but the high equity valuations offer companies a huge collateral buffer to borrow.  US nonfinancial companies are sitting on over $10 trillion in debt, almost twice as much as what was on corporate balance sheets at the end of 2008, and the highest debt-to-sales ratio on record.

From many sides, monetary policy nowadays stimulates finance more than spending and as the equity market goes so goes the business cycle.

The Doomsday Machine Returns: Citibank Has Sold Protection on $858 Billion of Credit Default Swaps

Posted by Richard640 @ 19:39 on January 21, 2020  

 Pam Martens and Russ Martens: January 3, 2020 ~

Lily Tomlin is credited with the quote: “No matter how cynical you get, it is impossible to keep up.” Wall Street regularly brings that message home.

According to the latest derivatives report from the Office of the Comptroller of the Currency (OCC), Citibank, the federally-insured, taxpayer-backstopped bank owned by Citigroup, has sold protection to other banks, hedge funds, insurance companies or corporations on a staggering $858 billion of Credit Default Swaps. When a federally-insured bank sells protection to others on Credit Default Swaps, it is effectively taking on the risk of a default event. At a time of unprecedented levels of debt in the system and growing warnings about leveraged loans, that seems like a very unwise move by Citigroup.

The OCC notes that Citibank has bought protection via a larger amount of Credit Default Swaps – a total of $898.8 billion. (See Table 12 in the Appendix of the report.) There is no guarantee, however, that these bets are properly aligned and will not, once again, blow up this bank along with a chunk of Wall Street firms or insurance companies that may be its counterparties.

Credit Default Swaps played a central role in the 2008 financial collapse on Wall Street, as did Citigroup. It is an indictment of every federal banking regulator in the United States, as well as Congress, that Citigroup has been allowed to return as a major player in this market while using its federally-insured Citibank once again as a pawn in this game.

Adding to the outrage, it was Citigroup that was responsible for overturning the portion of the Dodd-Frank financial reform legislation of 2010 that would have pushed these derivatives out of federally-insured banks.


Posted by Richard640 @ 19:32 on January 21, 2020  

Here’s Why the New York Fed Doesn’t Want You to See a Photo of Its Wall Street-Esque Trading Floor


Posted by treefrog @ 19:29 on January 21, 2020  

u.s. prices (henry hub) decline to two year lows.  reports of oversupply.

gasx (3x bear fund) rising as companies with natgas exposure feel the pinch.



A ZH reader…

Posted by Richard640 @ 19:08 on January 21, 2020  
1 hour ago

The Baltic index, which measures the cost of shipping goods around the world, slumped nearly 21% or 208 points since the beginning of 2020,

this is BEFORE the sickness.

fvkn crash people..

strap in.. the landing is going to be rough.

Posted by Maya @ 18:51 on January 21, 2020  


Hey Ipso

Posted by Buygold @ 17:10 on January 21, 2020  

Yep, certainly in the shares it was a good day. Have to think it portends well for the near future unless they’re luring us in only to slam us. Don’t think so though.

Good stuff.

Buygold @ 14:54

Posted by ipso facto @ 16:52 on January 21, 2020  

Not a bad day for the good guys! I don’t know where else you’d want to put your money.

Tomorrow … that’ll be the day. 🙂


Posted by Buygold @ 16:26 on January 21, 2020  

Closed at the high of the day – 233.20

Despite the weakness in silver and gold barely up. Good stuff.

Maddog–was that 35K call in the 80s also Wollie?

Posted by Richard640 @ 15:52 on January 21, 2020  

3:45 pm–tsla got an $800 target today=it’s up $39–amazon up 24.50–GOOG up 5.46

Hard to see any serious downside to the stock mkt

Maddog @ 15:29 To Put It Simply, Trump And All Of Us Have Not Been “Modernized”

Posted by Mr.Copper @ 15:46 on January 21, 2020  

TPTB, Modernized half of the Middle East, China, Europe etc and probably 3/4 of the US Population. Has been hopelessly modernized. Trump simply has a lot of common sense and is streetwise. Like most of us hard money folks, patriots, and gun owners. Finally the 25% population of America First people, have a president. The next thing we have to take over is their Media.


Mr Copper

Posted by goldielocks @ 15:38 on January 21, 2020  

Funny coming from the economic clueless puppets on the take missing their payoffs? Do they want their tax breaks back? Do they want to dip more into Social Security to pay their bills? If they can’t think up a actual crime then they must convince Trump voters or else. Sounds desperate. Since when did they care about the debt. Never…. Meanwhile mums on Biden in a actual threat for money. Trump wasn’t after money like Biden he was investigating corruption from the Biden’s.


Posted by Maddog @ 15:34 on January 21, 2020  

Re Wolly

there was a forecast of Dow 35 K back in the 80’s, everyone thought they were mad….i wonder if the guy is still long !!!!!

Mr Copper

Posted by Maddog @ 15:29 on January 21, 2020  

they have to get rid of the Donald, because he is making every existing politician look like a lazy incompetent idiot.

i heard his speech today and when he rattles off all the amazing economic no’s, all other politicians are nowhere…..and what it makes it even worse is that he is a fantastic salesman and a street fighter, they are all redundant and they know it.

Palladium news we already know but they’re still bullish

Posted by goldielocks @ 15:26 on January 21, 2020  

With a parabolic like that I’d be a little nervous. Like winedoc better early than a day too late but it could continue for a little while.

This is kinda old news already but things can change day to day. China has a new problem. China talking about closing down their new year which is a shame. It’s said it would be like canceling Christmas.

Posted by goldielocks @ 15:18 on January 21, 2020  

Summary:  The COT report covering the week to January 14 showed the hedge funds reaction to Middle East deescalation with crude oil and gold longs being cut. The imminent signing of the U.S. – China trade deal meanwhile helped drive demand for industrial metals and agriculture commodities.

Saxo Bank publishes two weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the broader measure called non-commercial.
Download COT Report
The Commitments of Traders report covering the week to January 14 found speculators cutting longs in crude oil and safe haven metals as Middle East tensions faded. Natural gas continued to get sold while agriculture commodities got bought ahead of the signing of the U.S. – China trade deal. 

Crude oil longs were left exposed following the pump and subsequent dump as Middle East tensions faded and after some longs established following the December 6 OPEC+ meeting became loss making. The selling was concentrated in WTI which saw the net-long being cut by -22% as domestic stocks rose. Brent crude oil, the global benchmark, was despite the 5.5% price slump, surprisingly left unchanged at 426k lots. Overall and due to the drop in WTI longs the combined position dropped to 652k lots, a five-week low. 
The already record short in natural gas expanded further by 7% to 267k lots as winter demand stayed muted and the price drifted lower towards $2/therm. Today (Monday) the price rout continued as the price initially slumped by 9% in early trading to reach $1.83/therm, another seasonal record low, before clawing back half those losses. The lack of frigid cold weather this winter have seen producers being unable to shake off a supply glut amid rising production. With the winter soon giving way to spring the market is already beginning to worry about the prospect for storage facilities hitting max during the summer injection season.
peculators reduced bullish gold bets by 4% to 262k lots in response to the correction that followed the temporary early January surge above $1600/oz. The silver net-long was kept unchanged at 58k lots.
Chinese New Year celebration start this Friday and will keep Chinese markets more or less shut until January 30. The lack of activity in China may lead to relative quiet markets during that time.
Bullish platinum bets hit a new record at 51k lots as the metal benefited from the continued surge in palladium. HG copper longs meanwhile jumped in response to Chinese data and ahead of the signing of the US-China trade deal.
The agriculture sector was also in demand ahead of the signing of the trade deal with 11 out of 13 commodities tracked in this being bought. The net-long across the sector jumped by 88k lots to 327k lots, an 18 month high. Biggest change was the 64k lots or five-fold increase in the sugar net-long to a 14 month high while cotton and KBT Wheat longs both reached 13 month highs.

War on el dinero again pushes Sput Nik into gold

Posted by goldielocks @ 15:10 on January 21, 2020  

Last week, acting Foreign Minister Sergei Lavrov confirmed that Russia’s economic policy includes the “gradual de-dollarisation of the economy” amid what he said was an “increasingly aggressive use of financial sanctions by the US administration” and Washington’s “outright abuse” of the dollar’s status as a world reserve currency.


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