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

COVID-19 Has Properties That Have Never Been Found In Nature Before

Posted by Maya @ 22:55 on June 8, 2020  

And still the ignorant media parrots the CCP line….



Richard640 @ 18:21

Posted by ipso facto @ 21:17 on June 8, 2020  

Talk about throwing your money down a rat hole! It’s the Madness of Crowds!

Pelosi has a HILLARY moment they’re all to old and need to be put out to pasture .the only thing that works is the bad mouth…

Posted by Ororeef @ 20:30 on June 8, 2020  



Posted by Ororeef @ 20:19 on June 8, 2020  

some others SM up 26%…Jroof  up 22.5 %..oxy Up 17.3 %    I Dont own own any  and dont intend to…..I got fatter Fish to FRY….

Comments on Chesapeake

Posted by Richard640 @ 19:48 on June 8, 2020  
I thought the market always supplied perfect information on commercial conditions, and was essentially self-correcting in real time. This virtue made market economies far superior to any form of Central Planning.
“Efficient Market Theory”    LMFAO
This will all end as badly as the last time(s).
The idiot momentum chasers are only padding their accounts in time to funnel the profits over to us who have a clue and experience. 
Every last one of them will end up with less than they started the month/year with.
It’s NEVER different.
last week and today saw massive dash for trash into energy small caps
huge spikes
wondering how many of those are going BK in the wake of CHK
that whole sector is going obliterated
BP announced cutting global staff by 10,000 

CHK down $29.80 after hrs-by morning will this have crashed and topped the entire market?

Posted by Richard640 @ 18:21 on June 8, 2020  

For those who are about to say that there may be some value to the equity, just a take look at the June 2021 bonds which are about to default and are trading at 3 cents on the dollar and just keep your mouth shut.

Chesapeake Prepares To File Bankruptcy After Stock Surges 300%

CHK was up $45 today=Chesapeake is preparing a bankruptcy filing=as in no value to existing equity

by Tyler Durden

Finally, for those are about to say that there may be some value to the equity, just a take look at the June 2021 bonds which are about to default and are trading at 3 cents on the dollar and just keep your mouth shut.

@Buygold re Silver Up .49 Cents

Posted by Mr.Copper @ 16:39 on June 8, 2020  

Even though Silver is up .49 near $18 its still down from near $19 last week. So maybe shares are still reflecting a net lower from last week price. Even tho Gold up today at $1700 its still lower than last weeks $1750 and April high $1775. We have to go with the flow.

BTW the higher Dow SnP can’t hurt us, if anything they help us. After all, we are shares also, just like them. If the dow crashes it could take our shares down too. Relax, the Fed et al are boxed in. I’m certain they prefer higher Gold and commodities to maintain an mental inflationary psychology. They are fighting a “low wage dragging things down” deflation situation re retail sales etc. Low wage deflationary tax receipts.

Mr Copper

Posted by Buygold @ 16:18 on June 8, 2020  

Just that on a day like today, especially with silver up $.40 and gold at $1700 the shares should be up big.

It looks to me like the manipulators are trying to keep the large caps like NEM below their 50 dma’s to quell any  technical buying.

Couple that with an endlessly rising SM and who needs pm’s.

Yet again.

June 19th $8,50 call—15,746 vol—1,539 o.i.—Volume 10X open interest=WOW…BUT IS IT PREDICTIVE?

Posted by Richard640 @ 15:47 on June 8, 2020  

I remember 2 large purchases in Feb of about 21K and 23K $20 march 21st calls on the VXX–which was about $14 at the time of purchase-they went to about $1500+ for each call

SQQQ call volume today

June 12th $8.50 calls—16,858 vol.—17,237 o.i.
June 12th $9 call—6,056 vol—7,524 o.i.
June 12th $9.50 call—1,634 vol  
June 19th $8,50 call—15,746 vol—1,539 o.i.
June 19 $9 call—1,929 vol—4,876 o.i.
June 19th. $9.50 call—1,059 vol—2,106 o.i.

@Buygold re Concerned With Mining Shares

Posted by Mr.Copper @ 15:33 on June 8, 2020  

Lets face it, they in general have been beat up and abused too many times over the decades and have a bad reputation. They move crazy and volatile along with the stupid skitzy heavy margined futures buyers, even though share buyers are so different than futures buyers.

It also depends on which miners we buy. Small cap, pink sheet, bulletin board, mid cap big cap blue chip miners royalty miners etc. Some gold miners are making all time highs, and spot Silver and its miners are simply annoying, like my useless CDE that can’t seem to get up off its fat ass.

That’s why we but a variety and I’m spread around with 10 12or 15 miners and doing ok.

Mr. Copper, Ipso

Posted by Buygold @ 14:50 on June 8, 2020  

The concern with the shares as I think Ipso may be pointing out is that they top before the metals every single time.

I’m just hoping that’s not what we’re seeing now.

The shares look like shit.

story: The Next Corvid Crisis Could Be a Wave of Suicides

Posted by Mr.Copper @ 14:10 on June 8, 2020  


The isolation, grief and economic hardship related to Covid-19 are creating a mental health crisis in the U.S. that researchers warn could make the already-rising suicide rate worse.

A study tried to quantify the toll. The paper, which was not peer-reviewed, found that over the next decade as many as 75,000 additional people could die from  “deaths of despair” as a result of the coronavirus crisis, a term that refers to suicides and substance-abuse-related deaths.

“One of the main things people should take away from this paper is that employment matters,” said Benjamin Miller, chief strategy officer at the Well Being Trust and a clinical psychologist who worked on the paper. “It matters for our economic livelihood, and for our mental and emotional health.”



Lunacy the state of being a lunatic; insanity (not in technical use). extreme folly or eccentricity.
intermittent insanity once believed to be related to phases of the moon wild foolishness : extravagant folly a foolish act Absurdity, stupidity, idiocy,

The cheap prices we pay for high quality under priced imports and Chinese products is GREAT!! But obviously long term, now a global virus, is not worth it. Tobacco, cocaine, heroin, oxycodone, fentanyl, morphine etc all feel great too, but not worth it.

Some Things Matter Too Much, like Plastic bags and straws,  and Some Things Like Gold And Isolationism Don’t Matter Enough.

I try not to let the market determine my mood. What would be the point in that? I’d like to see the HUI get back to it’s highs in 2011-2012

Posted by ipso facto @ 14:01 on June 8, 2020  


@ipso facto, I Think We Should Be Happy, We’ve Come A Long Way Since Late 2015

Posted by Mr.Copper @ 13:50 on June 8, 2020  

Mining shares a little disappointing today with the nice rise in gold

Posted by ipso facto @ 13:32 on June 8, 2020  

Hope there’s not a beating on the way!

Captain Hook

Posted by goldielocks @ 11:55 on June 8, 2020  

If the left is that smart. They already do as in order them to go out fine people any way they can think up even during the virus when people already hurting but fining them. It’s not the police making these orders it’s them but let police take the fall and do the dirty work.
They mismanage money, name their own salaries, give it away go non citizens, can’t manage a budget then say their broke.
What a imperfect excuse to instead of say their broke is use it to defund them. They are already making cut backs in other areas many the lowest wages,? except for themselves.

Don’t invest in PNG!

Posted by ipso facto @ 10:26 on June 8, 2020  

Papua New Guinea (PNG) has threatened Barrick Gold with criminal proceedings, claiming the company’s joint venture in the country was planning to illegally export $13 million in silver and gold to Australia.

The country’s mining regulator said that Barrick Niugini Limited (BNL) asked earlier this week for clearance to ship precious metals to the Perth Mint.

The move, the Mineral Resources Authority (MRA) said, is considered illegal given that BNL is not allowed to process or ship gold since the government’s refused to extend its mining lease for the Porgera mine almost two months ago.

PNG threatens Barrick over alleged gold export attempt

a picture is worth a thousand words

Posted by treefrog @ 10:13 on June 8, 2020  

THE MORNING LINE Optimism, or Just the Madness of Crowds? Rick Ackerman June 7, 2020 5:30 pm

Posted by Richard640 @ 9:30 on June 8, 2020  

The Dismal Scientists were hard at work over the weekend, cheering the market’s powerful short-squeeze rally as though stocks somehow deserve to be trading at or near-record levels. Speculators evidently were not thinking about the pandemic’s effects on the global economy, only about a statistical blip in job creation that flouts common sense. Who were the buyers? Bored millennials, according to a story posted at Bloomberg. Just the kind of support Wall Street needs, not that anyone cares.

Adults who should know better included economist Ed Yardeni, who saw Friday’s rally as a sign that the “underlying strength of the American economy will emerge intact.” He ought to look around, since a drive through any neighborhood in America will reveal how many business are never coming back. Let the tour start in Manhattan, if he thinks that it is just mom-and-pop stores that have been fatally wounded.

A Reflex Reaction

Far from a sign of resilience in the economy. the rally is simply a reflex reaction to a tidal flood of money created from thin air by the central bank. At these absurd heights, stock prices no more reflect economic forces of supply and demand than do Treasury bonds, corporate junk and real estate. The gaseous effusion driving shares is worse than malinvestment on an epic scale, it is inflating a debt bubble that eventually must pop.

Yardeni and many other economists who cannot see the obvious are helping to stoke extraordinary popular delusions and crowd madness that cannot but end with a deflationary bust. It will be catalyzed mainly by imploding valuations for real estate and energy resources that thinly collateralize a quadrillion-dollar derivatives market. Once this financial catastrophe has run its course, it will require a hyperinflation to wipe out the government’s portion of our debts, which have become manifestly unpayable.

The calculus of deflation makes a bust unavoidable; for ultimately, every penny of every debt must be paid — if not by the borrower, then by the lender.   To think that the government can pump trillions of borrowed dollars into the economy without putting a fatal drag on future productivity is absurd.

Very nice

Posted by ipso facto @ 8:48 on June 8, 2020  

Great Bear Drills 30.51 g/t Gold Over 12.40 m at LP Fault


Buygold @ 8:05

Posted by Captain Hook @ 8:37 on June 8, 2020  

Yes but stocks are going up so who the hell needs PMs?


goldielocks @ 0:20

Posted by Captain Hook @ 8:35 on June 8, 2020  

The left is doing that to cause fear of losing their jobs.

Then, if they are told to do something they don’t want to do they will do it. (eg. kill, theft, etc.)

The left is just turning the screws in the control mechanism.

Have a nice day.

8 am EST slap down in the pm’s arrives as is the norm

Posted by Buygold @ 8:05 on June 8, 2020  

that would explain the weak premarket action in the shares.

8:00 am-the mkt looks set up for another big up day-just like Friday and is even sporting the same [bear trap] Nasdaq divergence

Posted by Richard640 @ 8:01 on June 8, 2020  

The DOW is up 234–the Russell is sreaming=up 28–yet the Naz is down 2.25–the 10 yr note isn’t buying the rally-it’s down just 1/64th…nor is the DAX joining in=up jst 7 pts…




LOL–the DAX just POPPED 14 pts cause German industrial production report show an 18% drop–the largest on record

Morning Maddog

Posted by Buygold @ 7:35 on June 8, 2020  

Yeah I just remember the Guistra name and somehow Clinton swirled between my remaining brain cells.

Looks like we’ll try to rebound today, $1680 managed to hold Friday, so maybe we can re-take $1700.

Shares aren’t really jumping for joy premarket though. That’s always worrisome…..

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