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

Posted by goldielocks @ 23:39 on March 22, 2020  

CDC exposed as for-profit corporation colluding with Big Pharma to corrupt government

CDC exposed as for-profit corporation colluding with Big Pharma to corrupt government

Gold Train

Posted by Maya @ 23:03 on March 22, 2020  

rrflasher-copy

Good Morning, Sunshine!
https://railpictures.net/photo/724911/

 

Hawaii Case load now 56, up 8

Posted by Maya @ 22:57 on March 22, 2020  

Two new on Maui, six new in Honolulu.  My Big Island still at 3 with no new cases yesterday.

There is a cruise ship docking in Honolulu for fuel and supplies.  Worse, one of two main engines has failed and needs repairs here so they will be in port for five days or so.  They have been denied ports in New Zealand and Fiji, and passengers are desperate to ‘go home’ now.  They have petitioned the State of Hawaii special access to allow passengers to debark here and fly home…. to make special bus and airline access to get the passengers off.  No known sickness onboard for the duration.  This is starting to become a humanitarian crisis.  State is still considering the evacuation request.

Ororeef – Net Slowdown

Posted by Maya @ 22:49 on March 22, 2020  

Yes, I have read many network routers are working at capacity.  Lots of people staying at home and streaming high-bandwidth videos, is why.  I have read suggestions that Netflix throttle back their bandwidth because they are overloading the network.

Unintended consequences of the quarantines.  I have seen slow access on a lot of sites, and sometimes my TOR relay access quits completely.

LOTS of U-TUBEs are not working ! also CAMS !

Posted by Ororeef @ 22:43 on March 22, 2020  

Celente’s rant and he’s absolutely right.

Posted by goldielocks @ 22:41 on March 22, 2020  

He’s also right about stopping the public sectors checks and see how fast this shut down lasts. Schools closed why are we paying taxes on it?

Home5

? Paper only ? Its BOOM or BUST TIME !

Posted by Ororeef @ 22:36 on March 22, 2020  

STOP PRESS

The section above was written before the news that Swiss refiners are closing production. We must remember that 70% of all gold bars are produced in Switzerland and that the 3 biggest refiners are in Ticino where the local government  has ordered non-essential factories to close.

The likely outcome of gold production stopping should be a much higher gold price on Monday. But we obviously don’t know if the BIS and the bullion banks will hit the  gold market with $ billions of paper gold. Whatever they do in the short run, the market will soon discover that all this paper gold is worthless.

The gold mining stocks are also likely to suffer until the situation is clarified since they have lost their biggest buyers.

USDX

Posted by redneckokie1 @ 22:09 on March 22, 2020  

Looks like it may be trying to roll over to the downside. Probably take a few days.

rno

Gold’s up 11.40 but thursday nite and friday morn it was up $40 and we know how that ended

Posted by Richard640 @ 20:25 on March 22, 2020  

gold closed up $20 friday at 5.15 but the HUI was down 9 pts with my JNUG making a new 12 month low under $3.50

 

https://futures.tradingcharts.com/marketquotes/GC_.html

The great Rick Ackerman=Lately, the delicate task of distributing AAPL shares without frightening the unwary has become one of DaBoyz’ most urgent concerns.

Posted by Richard640 @ 20:11 on March 22, 2020  
The Morning Line
Published Sunday, March 22 at 6:30 p.m. EDT

‘Smart Money’ Still

The pros who confidently bought the dips for more than a decade are now quietly selling the rallies. During the bull market, accumulating stocks on weakness was a no-brainer, as easy a ticket to big profits as investors will ever enjoy. But the bear market has ended this rare opportunity. Instead, the Masters of the Universe have been unloading as much stock as they can into every rally. This tactic was clear on Friday in the wee hours, when shares rose sharply on gaseous volume while most of us were sleeping. The intent to distribute was so obvious that Rick’s Picks put out a recommendation at 5:34 a.m. to short the E-Mini S&Ps. (Here’s the actual post in the Trading Room. The futures subsequently fell more than 200 points.) Only a few subscribers were able to take advantage of this guidance, however, because of the ungodly hour. Get used to it. Short-squeeze spikes tend to occur at times that are either inconvenient or intimidating to most traders: on Sunday nights; in the final hour on Friday; on the opening bar of day sessions. Rinse and repeat.

How to Recognize Distribution


Distribution is the name of the game these days, and you will need to understand how it works if you want to survive the bear market. We saw a sustained example of it in Boeing [BA] when shares held above $300 for an entire year while scandal engulfed the company. After deftly unloading as much BA as possible during that time, DaBoyz pulled the plug and the stock plummeted to $90 just ahead of the pandemic selloff.  Equally adroit was the outwardly gentle distribution of U.S. shares that occurred in early February. You may recall that the stock market hovered defiantly aloft for weeks, even as coronavirus stories out of Wuhan turned increasingly menacing. Is the stock market crazy, or what?  That’s what we wondered at the time, but the bullish behavior of the broad averages mildly persuaded most of us that the virus would remain China’s problem.

The seeming invincibility of stocks would have affected our political leaders as well, reducing their urge to snap into action when, it is now alleged, they should have hit the panic button. A few congressional scumbags — a redundancy, I know — rose to very the top of America’s political shit-heap by selling millions of dollars worth of stock just ahead of the crash. Sens. Dianne Feinstein (D-CA) and Richard Burr (R- NC) have been named, but you can bet there were others. They had been privately briefed on the pandemic threat on Jan 24 by Anthony Fauci, head of the CDC.

Delicate Work


Lately, the delicate task of distributing AAPL shares without frightening the unwary has become one of DaBoyz’ most urgent concerns. The company, by virtue of its enormity, stands to become one of the biggest corporate losers in the world as the pandemic intensifies assembly and distribution problems. The heavy hit to sales will come later, amidst a global recession-or-worse — most particularly in China, iPhone’ second-biggest market. Rick’s Picks had projected minimum downside to $235 when the stock broke below $287 a couple of weeks ago, and we held to that target even when a violent short-squeeze goosed AAPL from $248 to $279 in a day. The stock crashed through $235 on Friday,  however, suggesting that lower prices are coming — perhaps much lower (i.e., under $100).

But if you had been glued to the tickertape on Friday, you might have believed AAPL was a tower of strength, since it held in positive territory until the final hour. What telegraphed its day-ending collapse, an unsettling drama that led the entire stock market lower, was DaBoyz’ inability to pad AAPL with sufficient gains to resist late-session selling. It was trading up $2-$3 for much of the day, but that was not quite enough to fool the herd into thinking the market might rise into the closing bell. Instead, still smarting from having bought into last Friday’s run-up, and having come to understand that weekend news concerning the pandemic is as yet unlikely to be bullish, they dumped shares en masse.

Depression Odds


Grave uncertainties remain concerning how much wider and deeper the virus will spread, and how long the U.S. economy will remain in a state of seizure. Under the circumstances, it seems unlikely the bear market has seen its worst. Short squeeze rallies, some of them powerful enough to persuasive the rubes and their financial advisers, will persist nevertheless, abetted by smart money that will know exactly when to get out of the way.

Realize that stocks will be rallying not necessarily because the pandemic prognosis has improved significantly, but for technical reasons that will make us think the contagion and its economic effects have taken a turn for the better.  At some point one of these rallies could turn out to be the real McCoy, intuiting correctly that the worst is past. But if this doesn’t happen within the next three-or-so weeks, I’d say that chances of a global Depression are around 50%. 

See the limit down in stocks, but not seeing bullion bid – paper pm’s getting crushed as is the norm

Posted by Buygold @ 18:43 on March 22, 2020  

US Futures Crash Limit-Down, Bonds & Bullion Bid

no Congress agreement on stimulus means a lack of bids, so the US equity futures contracts are limit-down 5%

This is a very nice site, if you don’t let all the circles scare you.

Posted by eeos @ 18:03 on March 22, 2020  

When I posted this link a couple of weeks ago there was a tiny fraction of deaths compared to now. Check out the yellow line too, big ass hockey stick formation. Italy’s evening report pushing them past 5,400 deaths. I posted this chart at 4:05pm MTZ and look how fast it’s going folks. Click on the link and compare numbers on my screen shot.

This link is clean and straight from John Hopkins

jh-4pm-mtz

Bombs Over Tokyo

Posted by commish @ 16:31 on March 22, 2020  

The Japanese square their books every year on March 31th.  Watch what happens over there this evening.  Chances are it will cascade into what happens in New York tomorrow.

@Maddog 14:25

Posted by Mr.Copper @ 16:20 on March 22, 2020  

Thanks Maddog, but I hate to click on that site. Too many pop-ups, some stories too long etc. I can see by the link the story is about shortages because of imports. That is good. Creates opportunities to produce here, and smartens up the people buying rat poison cheaper imports. I have been warning about imports to my friends since the early 1970s. I don’t have to say anything any more. I tried.

Poll Results …………….. I’d guess this will change according to how things develop

Posted by ipso facto @ 14:37 on March 22, 2020  

I have changed my behavior due to the coronavirus

Yes (76%, 32 Votes)
No (24%, 10 Votes)
Total Voters: 42

Mr Copper….this ones for u….and take a deep breath before u reply !!!

Posted by Maddog @ 14:25 on March 22, 2020  

https://www.zerohedge.com/markets/vast-medical-supply-shortage-will-be-moment-americans-wake-danger-overreliance-chinese

Rand Paul

Posted by goldielocks @ 14:06 on March 22, 2020  

Test positive for Coronavirus.

Germ theory is a hoax

Posted by joe12pack @ 14:04 on March 22, 2020  

Viruses and bacteria DO NOT cause disease.

Posted by goldielocks @ 13:38 on March 22, 2020  

Ironic how they want to give loans to Airlines, cruise ships and hotels when two of them caused its community spread.
Airlines boost their stocks.
Meanwhile small business are given these complicated papers to fill out and if they get it wrong they get denied. They don’t have the lawyers and lobbyist these large companies have to do the work for them.
They need to make it simple. They’ve been shut down and or lost business and money, how much money averaged and get it. Then honor their promise if they can’t pay it back they don’t have to. I’ll bet they’ll make that complicated too.
Now instead of any profit they’re in debt.

CV19 winners

Posted by treefrog @ 13:28 on March 22, 2020  

the real winners in all this are the dogs.  they are being exposed to unprecedented levels of “pbh syndrome.”

PEOPLE BEING HOME

Got Gold?

Posted by Richard640 @ 13:24 on March 22, 2020  

Five Mega Wall Street Bank Stocks Have Lost Average of 45 Percent in Five Weeks

 

By Pam Martens and Russ Martens: March 21, 2020 ~

Above is the chart that has the Federal Reserve and its Wall Street money funnel (a/k/a New York Fed) chewing on their worry beads and rapidly rolling out their alphabet soup of Wall Street bailout programs in a replay of their playbook during the 2007-2010 Wall Street collapse.

While Fed and Treasury officials have been repeatedly assuring Americans that these Wall Street behemoth banks have plenty of capital, they’ve actually been bleeding their common equity capital faster than a snow cone in July. In just the past five weeks, from the close of trading on Friday, February 14 through the close of trading on Friday, March 20, five of the largest Wall Street banks have lost an average of 45 percent of their common equity capital.

Adding to the embarrassment for the Federal Reserve, Citigroup, the bank it propped up with $2.5 trillion in secret cumulative loans the last time around, is once again leading the herd with losses in its common equity capital. Citigroup’s market capitalization has lost a stunning 51.7 percent in just the past five weeks. And we are certainly in the early innings of this bank rout.

Morgan Stanley, which was second in line behind Citigroup at the Fed’s trough in the last financial crisis, receiving $2.04 trillion cumulative in secret revolving loans, has lost 46.9 percent of its common equity capital in just the past five weeks.

Just last week alone, the five Wall Street behemoths listed in the chart above lost a combined $154.45 billion in common equity capital.

As the chart below indicates, the losses in these Wall Street bank stocks dwarfs the losses in the broader market as measured by the Dow Jones Industrial Average – meaning that despite what U.S. Treasury Secretary Steve Mnuchin says, there is a Wall Street bank problem that is being aggravated by the coronavirus outbreak but whose roots are independent of it. (See our in-depth series on the current banking crisis here.)

As we illustrate in the top chart, the total common equity capital for the five mega banks is just $603.5 billion. But as of September 30, 2019, according to the regulator of national banks, the Office of the Comptroller of the Currency, those same five bank holding companies held $230 trillion in notional (face amount) of derivatives – the bulk of which were buried in private contracts between themselves and a counterparty, with little to no visibility to their federal regulators

This was the precise situation that brought down the U.S. banking system and U.S. economy in 2008. The fact that millions of innocent, hardworking Americans are once again losing their jobs and their livelihoods and their 401(k) retirement savings because Congress allowed Wall Street’s crony regulator, the Federal Reserve, to remain as the regulator to the Wall Street bank holding companies after the unprecedented corruption that brought down Wall Street in 2008, is a crisis of leadership that transcends both political parties.

Five Mega Wall Street Bank Stocks Have Lost Average of 45 Percent in Five Weeks

Richard , anyone can get data here by WHO

Posted by goldielocks @ 13:22 on March 22, 2020  

Who
Region world wide
https://www.statista.com/statistics/1101373/novel-coronavirus-2019ncov-mortality-and-cases-worldwide-by-region/

Scroll down. Mean infection rate 2.5
https://www.statista.com/topics/5994/the-coronavirus-disease-covid-19-outbreak/

don’t underestimate the severity of corona

Posted by eeos @ 11:57 on March 22, 2020  

there’s a good chance that all these dummies running for president presently might not be standing in a few months. On ventilators gasping for life

The Tip of the Iceberg: Virologist David Ho (BS ’74) Speaks About COVID-19

R640 10:54

Posted by treefrog @ 11:18 on March 22, 2020  

very likely right.  it may happen locally and piecemeal before that.  a final, national announcement after the local control orders begin lifting might very well trigger a widespread recovery surge.

I expect to see a 3000+ point up day in the DOW

Posted by Richard640 @ 10:54 on March 22, 2020  

When, in a month or 2 at the most-the CDC or the Trump administration will release an order that all the virus restrictions are ended and that the corona virus has peaked and is under control…and maybe crude being up 10 or 15 bucks in a week

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