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

I bought ….. silver  today …….. and

……. all the way down 🙂

I’m 51  and I ain’t selling any of it.

Only piss off is Scotiamacatta’s premiums are so high, compared to Kitco

Closest Coin Shop is Halifax

I can’t bother with bank wires and all that on small dollar cost average purchases, so I eat the premium

Yum

Best Regards

Winedoc

Ok so the P/C ratio on GDX is 1:2….does that explain the HUI down 8 weeks running, now in it’s 9th and accelerating ….I don’t think so. You’d want a P/C ratio of 0.25 or better min.

9 weeks down in any mkt is beyond extreme, to be happening after such a large fall already is, again beyond extreme. These are not real mkts.

What about the magic 1 % cap on Gold…what has the P/C ratio got to do with that, damn all. The 1 % cap is there no matter what the P/C ratio is, day in day out. Has any mkt been capped at 1 %/day ever, never…again not real mkts.

This isn’t sour grapes it’s facing reality, normal analysis no longer works.

Cheers

Better yet the BLM should just turn it into Designated Wilderness Area = The Land of NO Uses. Perfect

Were you and Gold Runner doing something together a while back or do I have you confused?

The ALL IMPORTANT open interest put / call ratio on the GDX (the biggest and most influencial PM stock ETF) is .5; and, the open interest P/C ratio on both the SPX and SPY are ~ 190, or two puts for every call, meaning speculators / hedgers are bearish on stocks. And of course at .5 on GDX, meaning 2 calls exist for every put, which is bearish from a sentiment perspective. With the computers programmed to sell markets in which P/C ratios reflect optimism, and buy those with the opposite, again, is it really any wonder stocks go up and PMs down?

Gold bugs are having a hard time dealing with the fact they are being dupped because they think themselves smart investors, while ignoring the very market mechanism is rigged (think algos), and that they are not as smart as they think themselves.

Not the first time pride and stubborn attitudes have done this, however PM specs are perhaps the most dramatic example ever.

Good investing is possible in physical gold, silver, and quality shares at the lower prices such attitudes guarantee.

Cheers

needs to know if they can smash 1180 Gold, don’t think it won’t be retested. The pro’s have $12.XX Silver in mind.

So far just your typical 10% drubbing, not unlike most other PM companies

3300 (edit) ASK lots on Kindog, never seen anything that high before.

Nothing but Vultures at this point.

This is getting tiresome…but just on the rsi/oversold basis, I’ll keep taking stabs-this little 3 minute trade just cost me $330…

JNUG – 03:26:04
Sold 3000s @ $5.13 – Total: $15,382.65

JNUG – 03:23:10
Bought 3000s @ $5.24 – Total: $15,727.00

Until then, I’m going long tissues.

is that ANY rally, no matter what its size, will be sold and shorted by the pros and market makers. It’s part of the trading rule book.

If we’re waiting for the huge breakout into a financial economic collapse, well that shite won’t happen either. It won’t be allowed to. The fire will burn the building down, but we’ll be trapped inside.

I’m not selling here macro, completely pointless right now.

I have a very very hard time believing we’re going to have an economic paradigm shift in my children’s life time. No one cares in the younger generations and most are pacifists. I’d love to be proven wrong

You need a little like father like son pep talk…

He said his name was Chuck Jeannes…

Wow G, how much is 13% of your market cap?

The PM’s are dead for good, or at least for many years to come. Just think of the lines of sorry fools that still want out. Everyone that participates in the stock market casino hates Gold and Silver. They’ll side with the Fed so they can continue their lifestyles. If I had a bulldozer, I’d dig up JP Moron and burn his corpse for good measure…but everyone already knows digging all the way to hell is an insurmountable task

Re Greenspan

He’s getting on now and probably getting very nervous that the good Lord is a Bug, so is maybe trying to buy some insurance for when he knocks on the pearly gates and gives his name over……He doesn’t want to hear a booming voice shout out WHO !!!!!!!!!!!!  I’ve been waiting for that  SOB….. he’s only going to one place and for eternity.

This guy is a douche bag liar.

All I can say is I dunno which mkt yr watching, but it sure ain’t the PM’s and that the oceans of outright rigging GATA have documented in the PM’s doesn’t happen.

Lets stand back a little here and ignore the simple rigging and look at the whole mkt picture. As of now you in the US have a gu’mint run by imbeciles, we in Europe have the EU, who can give yr imbeciles a run any day, as can our local imbeciles in the UK.

Yet yr stock mkt is at all time Hi’s, which says one of two things, either life is grand and yr economy is booming, or inflation is rampant and if it was the 2nd, then interest rates would be well bid, ie 7 to 10 % on the 30 yr, PM;s would be well bid , as would oil. But that ain’t the case, so it must be the 1st……..were all booming…..yet all anecdotal information is that the economies are flat at best, we’ll ignore the bent gu’mint numbers, for the trash they are. Also if we are all booming why aren’t interest rates hard, especially as we all carry record amounts of debt and not a shred of evidence that the debt accumulation will slow down, plus why isn’t oil bid.

So despite the world class imbeciles running us, who have ruined or wrecked everything they touch, the mkts sayour economies are the picture of perfect health. It is just too much to believe that the current bunch of uber cretins, can have created financial nirvana, something that has eluded every gu’mint in history.  Which forces me to conclude that the major mkts are all false.

I gotta think jnug’s rsi must be at or below 30-so somewhere in here jnug must be decent risk/reward—so, if not today-them one more bop down tomorrow and SOME kind of bounce better occur…or PM CEO’s will be seen flying out of windows…

“Even if I made a 10 bagger from here, it’s still not enough.”

or would it be fair payment for all the aggravation of the last several years.

This has been one big fool’s play. Greenspan did say to buy yesterday though…

Bob Moriarty: Flock of Black Swans Points to Imminent Stock Market Crash

TGR: You’ve commented recently that you’re expecting a stock market crash soon. Can you elaborate on that?

BM: We have two giant elephants in the room fighting it out. One is the inflation elephant and one is the deflation elephant. The deflation elephant is the $710 trillion worth of derivatives, which is $100,000 per man, woman and child on earth. Those derivatives have to blow up and crash. That’s going to be deflationary.

“WCB Resources Ltd. could have big potential.”
At the same time, we’ve got the world awash in debt, more debt than we’ve ever had in history, and it’s been inflationary in terms of energy and the stock market. When the stock and bond markets implode, as we know they’re going to, we’re going to see some really scary things. We’ll go to quantitative easing (QE) infinity, and we’re going to see the price of gold go through the roof. It’s going to go to the moon when everything else crashes.

TGR: How are you looking at the crash—short term, like before the end of this year? How imminent are we?

BM: Soon.

TGR: Are you in or out of the market?

BM: Oh, I’m in. Not in the general market, but I’m in resources. There’s a triangle of value created by a guy named John Exter: Exter’s Pyramid. It’s an inverted pyramid. At the top there are derivatives, and then there are miscellaneous assets going down: securitized debt and stocks, broad currency and physical notes. At the very bottom—the single most valuable asset at the end of time—is gold. When the derivatives, bonds, currencies and stock markets crash, the last man standing is going to be gold.

Exter’s Pyramid
TGR: So the last man standing is the actual commodity, not the stocks?

BM: Not necessarily. The stocks represent fractional ownership of a real commodity. There are some really wonderful companies out there with wonderful assets that are selling for peanuts.

TGR: In one of your recent articles, “Black Swans and Brown Snakes,” you were tracking the U.S. Dollar Index as it climbed 12 weeks in a row, and you discussed the influence of the yen, the euro, the British pound. Can you explain the U.S. Dollar Index and the impact it has on silver and gold?