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

SSRM down 0.2 %……unreal.

Posted by Maddog @ 10:19 on February 21, 2020  

Impact silver up 5 cents … he he

Posted by ipso facto @ 10:10 on February 21, 2020  

The new Bull

Posted by Maddog @ 10:09 on February 21, 2020  

Two sisters, one blonde and one brunette, inherit the family ranch. Unfortunately, after just a few years, they are in financial trouble…

In order to keep the bank from repossessing the ranch, they need to purchase a bull so that they can breed their own stock.

Upon leaving, the brunette tells her sister, ‘When I get there, if I decide to buy the bull, I’ll contact you to drive out after me and haul it home.’

The brunette arrives at the man’s ranch, inspects the bull, and decides she wants to buy it.
The man tells her that he will sell it for $599, no less.

After paying him, she drives to the nearest town to send her sister a telegram to tell her the news.

She walks into the telegraph office, and says, ‘I want to send a telegram to my sister telling her that I’ve bought a bull for our ranch.I need her to hitch the trailer to our pickup truck and drive out here so we can haul it home.’

The telegraph operator explains that he’ll be glad to help her, then adds, it will cost 99 cents a word.

Well, after paying for the bull, the brunette realizes that she’ll only be able to send her sister one word.

After a few minutes of thinking, she nods and says, ‘I want you to send her the word ‘comfortable.’

The operator shakes his head. ‘How is she ever going to know that you want her to hitch the trailer to your pickup truck and drive out here to haul that bull back to your ranch if you send her just the word ‘comfortable?’

The brunette explains, ‘My sister’s blonde. The word is big.
She’ll read it very slowly… ‘com-for-da-bul.’

CAPTAIN– this is from Wolanchuk

Posted by Richard640 @ 10:07 on February 21, 2020  

uglier the better next week could be very ugly……7 to 10 trading days before clx wind comes….going up from here wud be a pleasant surprise

Richard640 @ 9:51

Posted by Captain Hook @ 9:55 on February 21, 2020  

Watch the SPX futures…if the front drops below 3333 … lookout below.

Gold could be up $100 Monday.

Cheers

How much of AMZN’s product is made in China

Posted by Maddog @ 9:53 on February 21, 2020  

90 or 99 %….who want’s that in their living room….

AMZN down all of less than 3 % from it’s all time hi 2 days ago !!!!!!

DAX catching up down 89 pts

Posted by Richard640 @ 9:51 on February 21, 2020  

China dependent Apple down just 2.74…Ali Baba down just 2.50…virus worries??

Posted by Richard640 @ 9:45 on February 21, 2020  

Wow look what they just did to SSRM

Posted by Maddog @ 9:39 on February 21, 2020  

they just knocked 6.5 % off it…..

Trannies gapped down 85 pts today–yesterday they were up all day even when the DOW was down 380

Posted by Richard640 @ 9:31 on February 21, 2020  

OK, they’re coming for silver

Posted by Buygold @ 9:21 on February 21, 2020  

Gold too but not as bad. Silver has already lost more than two-thirds of the pre-market gains.

Not a good sign for the day going forward.

VXX steady. If the SM really dumps pm’s might have a chance.

Brother…I wish I knew…

Posted by Richard640 @ 9:18 on February 21, 2020  

30Y Yields Hit Record Lows, Gold Hits Record Highs

So, are US tech stocks right? Or the entirety of the rest of the world’s financial markets?

As stocks hover back near record highs, entirely shrugging off virus fears, the rest of the world’s financial markets seem anything but convinced this is a temporary shock – as The Fed’s Jim Bullard proclaimed this morning on CNBC.
Source: Bloomberg
The 30Y yield is back at record lows…

Record Highs in Euro’s and Yen. Better yet, gold up against a strong USD – best of both worlds for USD gold holders

Posted by Buygold @ 9:02 on February 21, 2020  

…to record highs in Euros…

Source: Bloomberg

And record highs in Yen…

This smells a bit panicky here.

Posted by Maddog @ 8:48 on February 21, 2020  

Teranga Gold Exceeds 2019 Production Guidance and Achieves Low End of Per Ounce Cost Guidance Ranges

Posted by ipso facto @ 8:46 on February 21, 2020  

https://finance.yahoo.com/news/teranga-gold-exceeds-2019-production-110010866.html

R640

Posted by Maddog @ 8:40 on February 21, 2020  

Not sure Bonds and SM help here,,,,,PM’s are better predictors temporarily, Bonds are too close especially the 10’s to huge TA levels, that no-one wants to preempt and the SM is riddled with complacency…..PM’s, well AU is relatively free to run…. Ag still has the scum on it’s neck.

Ag even has a damn good story as a cleaner/disenfectant, as the world confronts a huge decontamination project. The shorts should be being ripped apart now, as buyers pay any price for supplies.

Very nice

Posted by ipso facto @ 8:31 on February 21, 2020  

Wheaton Precious Metals Announces Record Annual Gold Production and Sales Volumes; Exceeds 2019 Production Guidance and Provides 2020 and 5-Year Guidance

https://finance.yahoo.com/news/wheaton-precious-metals-announces-record-003800923.html

R640

Posted by Buygold @ 8:21 on February 21, 2020  

Yeah, gold and silver just caught a second wind and spike a bit.

I always get worried that we get some kind of blow off with these kind of moves.

A couple decades of conditioning I guess.

If the mkt tries to reach unchanged or even rally, I will be watching treasuries and gold–if they

Posted by Richard640 @ 8:05 on February 21, 2020  

do not come off much from their highs, that will be the signal to buy VXX calls or other short plays…DOW down only 65 yet it looks like gold just made a new high for the day…

Maddog…I agree–some protection is a must–as for panic…definitely the potential to panic

Posted by Richard640 @ 8:02 on February 21, 2020  

is huge–we saw that yesterday….I am not at all complacent…but mkts and investors are as per the ratio of calls over puts

Buygold–your worries could be justified=the CAC and Dax are now green–DAX up 20,,,

Posted by Richard640 @ 7:54 on February 21, 2020  

https://finance.yahoo.com/quote/%5EGDAXI/

TSLA up $13…The FANGs not down much

Economist Tony Crecenzi of PIMCO was talking this a.m.. about a new  Cabal of supportive CBs now including the PBOC–the peoples bank of china which has done a great job of keeping chinEE mkts near new record highs all thru the virus outbreak

R640 – you could be right about today

Posted by Buygold @ 7:44 on February 21, 2020  

Could open down and rally right back. Ten yr. is just below 1.5% at 1.497% – not a big move down

Gold up nicely but GLD if it holds here will have an RSI near 80, if not above.

I guess we’ll know how things are going to go shortly after the open. DOW’s not going to open down too much and won’t be tough to reverse. VXX not showing much fear.

I’m worried they’ll dump gold at the open and stick save the SM

Things are looking up this morning

Posted by Buygold @ 7:19 on February 21, 2020  

Image result for looking up pics

R640

Posted by Maddog @ 6:51 on February 21, 2020  

When u shut an 800 worker factory,because 1 worker tests positive, then the SM is walking on very thin ice here, by not taking in some protection….

I would guess that no pain has been felt so far and the Fed put has killed all sense of fear……which just means a very nasty panic could break out any minute.

Buygold-Re: a crash starting Sunday nite…I could just as well see a huge short squeeze-it’s 6am &

Posted by Richard640 @ 6:26 on February 21, 2020  

I just woke up and surveyed Bloomberg Tee Vee…I see that Europe economic activity for February “unexpectedly picked up” especially in the services sectors DESPITE virus concerns…The Nikkei was down only .4%….Richard Branson will inaugurate adults only cruises leaving Miami in April is inpite of virus concerns…I see the DAX is down only .18%…ChinEE indexes were down but no more than one%…Stoxx Europe 600 index down just .04%…..

 
I was hoping for stock futures to be be flat to up overnight snd going into the open….Now it looks like we get a down plunge which could be bought and stabilized all day…on the other hand the persistent buying of treasuries and lately gold may be signaling something more dire…maybe…
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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.