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

FYI

Posted by Richard640 @ 23:28 on May 8, 2020  

US Share Market for the Close of May 8th

FRIDAY, 08 MAY 2020 BY: MARTY ARMSTRONG

We still see that the market is treading water. We may yet see a little bounce into next week, but the following week is where there will be a risk that we see a retest of support. The polls will be skewed now to trying to blame Trump for everything. We do not really worry about the polls, nothing seems to have changed but we will be running our models on the elections coming up in more detail. The storm is gathering in a desperate attempt to overthrow Trump and this has been an intentional direct attempt to undermine the economy. That was the last shot they had to overthrow Trump and then indeed create a New Green World Order.

As we head into the months ahead, we will see the devastation inflicted upon the budgets of state and local governments. They will be raising taxes generally 20%-40% to raise revenue. This will only suppress property values and make it much more difficult for an economic boom.

Therefore, the Sling-Shot remains in full play. The issue will NOT be profits and visions of grandeur, but of panic in capital fleeing from total government mismanagement.

ZVG! Zero Viral Growth

Posted by Maya @ 23:12 on May 8, 2020  

HAWAII VIRUS STATS FROM HDOH:

Total cases: 629 (0 newly reported)
Hawai’i County: 74
Honolulu County: 408
Kaua’i County: 21
Maui County: 116†
Pending: 0
Residents diagnosed outside of Hawai‘i: 10
Required Hospitalization: 81‡
Hawaii deaths: 17
Released from Isolation: 566§
Cumulative totals as of 12:00pm, May 8, 2020

ZERO new infections!  Hope we can keep it that way.

*The commercials increased their longs by 5,143 contracts and reduced their shorts by 6,850 contracts.

Posted by Richard640 @ 22:32 on May 8, 2020  
The Commitment of Traders Report

Silver

*The large specs reduced their long positions by 968 contracts and increased their shorts by 1,622 contracts.

*The commercials reduced their longs by 1,964 contracts and decreased their shorts by 4,873 contracts.

*The small specs reduced their longs by 663 contracts and reduced their shorts by 344 contracts.

The commercials reduced their net short position to 33,948 contracts.

Gold

*The large specs decreased their long positions by 11,811 contracts and increased their shorts by 914 contracts.

*The commercials increased their longs by 5,143 contracts and reduced their shorts by 6,850 contracts.

*The small specs increased their longs by 633 contracts and reduced their shorts by 99 contracts.

The commercials reduced their net short position to 281,636 contracts.

Always good to see the commercials get less short.

On a more serious note: Bill Gates Plan to Vaccinate the World. Very well researched and presented by James Corbett

Posted by silverngold @ 20:27 on May 8, 2020  

Sng

Posted by goldielocks @ 20:27 on May 8, 2020  

Good one.

silverngold 19:20

Posted by aufever @ 19:46 on May 8, 2020  

Thank you
That was excellent fun
The actor was great

MSM – No Bias here

Posted by Buygold @ 19:44 on May 8, 2020  

The past few years { 25 – 30 } I always felt the news was spoon fed to the masses, to see what they would swallow. It all becomes a little clearer now.

*YES, the Governor of Michigan use to work for George Soros

* YES , CALIF GOV GAVIN NEWSOME IS NANCY PELOSI’S NEPHEW.

* YES, ADAM SHIFF’S SISTER IS MARRIED TO GEORGE SOROS’ SON.

* YES, JOHN KERRY’S DAUGHTER IS MARRIED TO A MULLAH’S SON in IRAN

* YES, Hillary’s daughter Chelsea IS married to George Soros’ nephew.

* YES, ABC News executive producer IAN CAMERON is married to SUSAN RICE, Obama’s former National Security Adviser.

* YES, CBS President DAVID RHODES is the brother of BEN RHODES, Obama’s Deputy National Security Adviser for Strategic Communications.

* YES, ABC News correspondent CLAIRE SHIPMAN is married to JAY CARNEY, former Obama White House Press Secretary

* YES, ABC News and Univision reporter MATTHEW JAFFE is married to KATIE HOGAN, Obama’s former Deputy Press Secretary .

* YES, ABC President BEN SHERWOOD is the brother of Elizabeth Sherwood, Obama’s former Special Adviser.

* YES, CNN President VIRGINIA MOSELEY is married to TOM NIDES, former Hillary Clinton’s Deputy Secretary

THIS IS WHAT YOU CALL A “STACKED DECK.”

IF YOU HAD A HUNCH THE NEWS SYSTEM WAS SOMEWHAT RIGGED AND YOU

IF YOU COULDN’T PUT YOUR FINGER ON IT, THIS MIGHT HELP YOU SOLVE THE PUZZLE. This is “Huge” and is a ‘partial’ list since the same incestuous relationship holds true for NBC/MSNBC and most media outlets.

Trump has been right all along. Fake News is generated by this incestuous relationship.

YA THINK THERE MIGHT BE A LITTLE BIAS IN THE NEWS?

silverngold @1920

Posted by commish @ 19:37 on May 8, 2020  

stop-panicking-mr-burns-is-not-leaving-the-simpsons-excellent-495170

At least someone has his head on straight. LOL!!!

Posted by silverngold @ 19:20 on May 8, 2020  

Gubmint Cheese

Posted by ipso facto @ 17:25 on May 8, 2020  

Received my stimulus check today … by snail mail even though I have direct deposit with Social Security.

Hey Maddog

Posted by Buygold @ 17:02 on May 8, 2020  

Slow as it may be, i.e. nothing like the tech sector because of the scum resistance. Money from larger players does appear to be coming in to this small sector and offsetting the relentless selling by the scum that would’ve taken us down hard today if this were a “normal” jobs report Friday.

I have to think that the institutional types are betting on higher prices on pm’s, and hopefully not exposing themselves to the futures markets but are just buying shares and physical where they can find it.

We were rejected at HUI 290 (Hit 291+) no surprise there. Hopefully shouldn’t be a big pause, but never know how deep they’ll dig in at the chart points. I’d like to think if we bust 290 with authority then we’re on our way to 600 again, but no doubt the scum will shake the tree repeatedly. $1750 needs to be broken first…

 

The last half hour saw

Posted by Maddog @ 16:04 on May 8, 2020  

clear institutional buying of PM’s..the scum of course sat on it all the way up…..but big money is coming in folks, it saw off the scum in the last half hour.

Have a good ‘un all…..and here’s to all those who need remembering on VE day.

COT Report

Posted by Buygold @ 15:41 on May 8, 2020  

Moving in the right direction for both metals, maybe even more after Wednesday’s action?

https://cftc.gov/dea/futures/deacmxlf.htm

I’ve been having trouble most of the day with TD Ameritrade – anyone else?

Regardless, this weak Friday will lead us to a strong Monday IMHO. $1700 & $15 are still our for now…

boyknifeelectricalsocket

@Maddog, Don’t Worry, Be Happy

Posted by Mr.Copper @ 15:32 on May 8, 2020  

The harder they hit it, it gives a chance for somebody to buy in, and the harder it comes back. This gold up trend since late ’15 at $1,060/ounce must be driving TPTB stress and anxiety.

There is nothing the banker bozos can do to STOP this OVER ALL Gold uptrend unless they raise DEPOSIT rates to 5% or more. Ask yourself. Can or will they do that?

So far they are boxed in. And are forced, for the greater good of “themselves” to keep rates low. And stocks bonds and real estate prices high.

If rates jump up violently, it will be against their will, it would be because of a BOND MARKET CRASH sell off. Do we care about that? Who cares about 18% CD rates? I’ve seen that. So you sell out your $40 Silver and your $3500 Gold, and buy 30 year US Gov’t Bonds paying 16.8% for 30 years with no call back provision. I’ve seen that.

I saw a guy around 1980 buy a house with money gleaned from selling a $1000 face value junk silver bag for $25,000, the full size house was $25,000, and had a HUGE back yard. He put 4 apartments in the house, and build a 12 unit structure in the back yard.

Stocks Bonds and Real estate were very very cheap with a 21% prime, and 18% CD deposit rates. June 1982, Dow 796, under 1000 since 1968-70 high. The “invisible crash” during that era. $40k house in 1970 was still $40 in 1980, an invisible crash there too.

The “short term” reversal after 1971 led to the new long term reversal of 2008, 2008 in my opinion was the OVER ALL new reversal of the old 1913 Fed Res Act agenda. It wore out by 2008.

spot gold back @ 1700…….scum do not rest.

Posted by Maddog @ 15:28 on May 8, 2020  

Maddog–yup! This is one of those no bounce/ end on the lows day–but

Posted by Richard640 @ 15:16 on May 8, 2020  

that guarantees and up monday….too dangerous to take home anything volatile like my JNUG over the weekend…but any sell off early monday will be shallow and a buying opp…

Classic scum day

Posted by Maddog @ 13:58 on May 8, 2020  

PM’s hit hard on numbers, the come back rally seen off and then just pressure prices all day, so no rallies takes place, just a constant slide.

A Pandemic That Cleared The Skys

Posted by Mr.Copper @ 13:17 on May 8, 2020  

Scroll down to see what looks like a satellite view of moving aircraft. Zoom in. Looks like ant swarm. I believe during 9/11 they said there was always 40,000 planes in the air.

https://www.bloomberg.com/graphics/2020-how-coronavirus-impacts-climate-change/

 

Buygold @ 10:54 Regarding Seemingly Low Silver’s Price.

Posted by Mr.Copper @ 12:33 on May 8, 2020  

I often thought about that long ago, and according to my calculations, on average, going back to 1964 to 1970 era, everything costs 20 times more dollars to buy today. Silver was about $1/ounce, times 20? $20/ounce is about right.

Gold was against the law to own, but was trading privately at $140/ounce, times 20? $2800/oz Gold is about right. In a sense, the Gold is trying to catch up to Silver. That’s why I gave upon Silver a long time ago.

The advantage Silver has is its very volatile like a pink sheet stock compared to Gold a slow moving Blue Chip stock. So its good to have a foot in each pond. “Cheap” is not always cheap. (like imports) You could say, cheap is cheap.

A loaf of bread in 1964 (last of of 90% silver coinage) was .22 cents. .22 cents times 20? $4.40 per loaf is about right. I have a loaf of Arnolds Country white that has $2.29 price on it.

I have studied “constant value in dollars” and “constant value pay checks” my whole life. I can tell the US gov’t what the CPI, or what inflation number are, far far better than they can. However, they don’t want the truth? Or they are not smart enough or old enough to figure it out.

Most likely the gov’t bean counters are Connivers, (To cooperate secretly in an illegal or wrongful action; collude) because they use Hedonics (if the car price is higher, but quality better, the car price didn’t go up, re Connivers)

P.S.

Our fake US Gov’t Gov’t before 1971 was giving our Gold away to foreign countries for $34/ounce to satisfy trade deficits. S/B $140/ounce,  but demonstrators and activists got that stopped by 1971. Afterward, our anti American fake U.S. Gov’t gave away our manufacturing industries instead.

That process impoverished the whole USA ($22 Trillian debt) and culminated after 9/11 and the 2008 financial crisis, and its all going in reverse out of necessity for the greater good of foreign nations. They have to build us up financially first so they can gang bang or “harvest” us again later on. Like limits on duck hunting. 🙂

MUX

Posted by Midnight Gardener @ 11:56 on May 8, 2020  

I added to the lagger in my holdings. Held my nose and averaged down. Most opinions on MUX are positive, so will increase my position. More of an experiment than an investment. Time will tell. I have little faith, but at least I can complain here if I hold a position. Rest of portfolio ATHighs. MUX gives me something to wonder about.

MG

Took scum 2 hours to get GDX negative

Posted by Maddog @ 11:33 on May 8, 2020  

and stop the break out….nobody trades like that, apart from the scum.

Shoukld have added that SM has a nice bull flag on hourly, so we will be cruising higher v soon…all is well in scum land…just don’t look out of the window..u might see reality.

Morning Buygold

Posted by ipso facto @ 10:57 on May 8, 2020  

“silver breaking chains”

I sure hope so. It’s been held back so long that when it goes it should be spectacular! JMO

Morning Maddog, Ipso

Posted by Buygold @ 10:54 on May 8, 2020  

Has silver finally broken the chains that have been binding it for so very long?

Most silver shares are still ridiculously cheap if that’s the case.

Hi Ho Silver

Posted by ipso facto @ 10:04 on May 8, 2020  

Maddog @ 9:54

Posted by ipso facto @ 10:02 on May 8, 2020  

Agree with that. I’m looking forward to a healthier PM share market. Where else would we want to be? PM shares paying divvys with gov bonds having negative rates … that’s a pretty easy choice!

Now … hoping the Chinese don’t buy up all the gold miners …

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