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

“Yeah, well, sometimes nothing can be a real cool hand.”

One of my all-time favorites.  Great script and performances from a bunch of very good actors.

And Happy New Year to all Oasis dwellers.

Cyclone Bomb heading toward Boston affecting other states as well. Including possibly Moggie and Farmboy.
https://www.google.com/amp/s/www.washingtonpost.com/amphtml/news/capital-weather-gang/wp/2018/01/02/monster-storm-to-blast-east-coast-before-polar-vortex-uncorks-tremendous-cold-late-this-week/

That what I see to except that the Fed gonna use wages as inflation and now declining dollar. It just might happen that way, PMs go up maybe other things too the Fed will throw out a increase but this time will have a hard time controlling it. I’m interested to see how far it goes. If it goes anything like in the late 70s to 80s Im going to move to lock in some CDs at different time spans while I’m at it.
Enjoy your grandkids. A bad cold front coming to the east from Boston all the way down to Florida. Funny thing I took my 5 year old grandson to work because he was bored with no school to drop something off and then get him In and Out fast food treat. alHe told person there he has two grandmas. She said I had a grandma but don’t anymore. He said I can give you one-off mine. He gave her the other one. That was nice to know he wasn’t gonna give me away lol

The RSI can keep going for awhile and leave early sellers behind ” or not” but not going to get that involved on day to day except watching candlesticks. They or many are speaking of a top for now for many or shooting stars a topping signal. Gotta look at more than one technical and patterns. Think we still have nervous traders seeing the RSI or whatever they’re looking at and some selling. The pattern still looks hopefully bullish at least for next few months. Meanwhile equities keep going up and there was no such warnings. The irony.

they cannot get RATES high enough fast enough for them to get  control over inflation  ..Its too late for them  ! GOLD is gonna run like a scared CAT …Sit back and ride because there is no one with enough capital to stop it.. and no one with any interest to do it..everybody wants inflation !  Its every governments free ride get outta debt card with no political repercussions  ….buy the dips for the forseeable future   at least two years …THERES NO RUSH like a GOLD RUSH  ..!

Bloomberg may be right.

I probably spoke too soon.

13 up days in a row for gold won’t go unnoticed

Bloomberg warning to GBs gold may be topping. Think they’re going on the RSI. I’m not concerned yet if it doesn’t move in a straight line.. up.

I agree except common sense on wages depending on size of company and profits. During the crash of 08 many companies keep wages frozen and even lowered them for new hires while expanding and giving anyone but the producers making the money for them bonuses or other perks. They took advantage under Obama as well as banks not lending the money. On the other hand small business were failing due to high taxes and regs even private doctors. Obama care created corporate managed care where they also dictate to them in care plus overwhelm them with clients.
If you get sick you go to ER because you won’t get a appt till too months out. In the meantime private doctors either worked for them or suffered new regs mostly via computer that cost them 100K plus. People were being forced into socialism without the benefit of free healthcare. You still had to pay for it like private but no longer run like private and decline in quality. The one saying a stitch in time save nine.
The rising prices resulted in providers bailing out. Then Trump no longer mandating which is good and stopping the subsidies going to them not most the people who had high deductibles caused more to drop clients leaving those who wanted it scrambling to get another insurance carrier.Either way some would of dropped or found themselves paying more and more anyways.
Still no scrutiny of pricing including medication. Tpp most likely would of made it worse but Trump stopped it.
Some states like Calif have set minimum wage increasing per year till 15 hr. Some cities may pay more like SF.
This will speed up companies like Uber to find ways to cut down on employees replacing them with computers. I hardly see this necessary with them but will go that way.
Tax cuts should help wages and are for a handful of companies so far but we’ll see.

Yesterday when I listened to a year-end interview by Elijah Johnson (of Finance and Liberty) when he was talking to Jim Willie, I felt happy when Mr. Willie mentioned Wheaton Precious Metals,  and First Majestic, and of course physical silver as being on his OK list.  He is not in the habit of giving investment advice nor revealing the stock picks for his own portfolio.  But after explaining to Elijah that he does not like the precious metals mining stocks, because one has the pleasant option of just buying physical silver or gold without the risk of the numerous things that can go wrong with any one of the PM mining equities, then Jim Willie surprisingly mentioned Wheaton and First Majestic in a positive light.

That’s what made me happy.  I was not looking to Jim Willie for clues on how  to preserve our retirement portfolio, but when he inadvertently gave a nod to First Majestic, Wheaten Precious metals, and physical silver that made me feel good.  It is OK that he did not single out physical gold, Americas Silver, Endeavour Silver, Sandstorm, Kirkland Lake, McEwen Mining  or First Mining Finance;  I remain confident in 2018 about these other holdings for purchasing power protection.  It was just nice that the others that Willie inadvertently mentioned are also in our bundle as we enter 2018.

Cheers to all for a Happy New Year.   Equiz

WPM..Iv never seen a MORE Bullish Chart

https://screenshots.firefox.com/hGv7LZrStpuTSNfx/stockcharts.com

extending their gains a little early in the after hours. USD extending losses a little…

South Korea, Australia, Russian Central Banks Stop Bitcoin And Other Fake “Money”

January 2, 2018

https://emsnews.wordpress.com

Roger all that. Thanks for the comeback. China is along for the ride, what ever it is. They had a lot of very good years after 1979. The past is behind us. 1913 to 2008, R.I.P.

Right now, the best thing for big business and big gov’t is to get the non-union wages a lot higher. The gov’t itself should represent the non-union employees for their own good.

If they don’t hurry up, the low wages will drag everything down (prices) globally. Ultimately all businesses and gov’t depend on taxpayer peoples earnings. Trickle up. Its not the other way around.

Tax absorbing wages, no matter how high, ultimately do not help businesses or gov’t, because they both depend on part of a tax PAYERS salary or non-gov’t vendor profit.

today was an auspicious beginning.

Had some good volume into the close and closed near the highs, pretty encouraging action.

I guess we’ll see what happens tomorrow.

Re:They may be dealing with a too little too late start last year. If so, and our economy SLOWS down instead of climbing, with increased spending and higher national debt? It may get out of hand. The lower dollar. And higher gold.

Yep and the Fed may be fighting to prop the dollar here and there but lower dollar good for businesses. New though processes coming out. China running scared of Trumps lower corp taxes offering foreign businesses tax free insentives so those just looking at currency issues should look at factors that influenced outsourcing.
So we even have financial Wall Street politics going on too. Saying things like lowering corp taxes which is already bolstering the economy is going to cause a larger deficit. Smaller deficits apparently aren’t the greatest for our economy either because with lowering the deficit like pre 2000 came outsourcing and a Dot.com bubble then outsourcing on steroids. We probably all do but I did remember when having tech problems finding myself talking to someone from another country who was totally useless. Lou Dobbs put out a book Outsourcing America. He also pointed out how free trade wasn’t free for us and how other countries were making out paying much less and some like China even sneaking products in saying they were just filling up on gas while things were walking off the ships and how it hurt pricing and competition.
We have people still politically bias pretending to care about the poor while making them poor. The same people borrowing for SS. That’s they’re excuse for keeping up the smoke and mirrors what worked for them while making us poorer and propping up emerging markets. It was just getting worse and worse. Nagar Tpp Paris global warming racket, tax payers money going out the window while giving all this money while they were at it.
Trump isn’t having it.

Copy on all that Buygold. Definitely a confusing situation going on. Re who’s really in charge. My view is the long term established invisible global powers, started changing their “ways” after 9/11.

Then after Bush’s term was over and the ’08 meltdown, and the new spokesperson Obama, they changed their ways even MORE. They groomed and put in place a Muslim president. Started cutting back on Military spending, and throwing Israel under the bus.

Cutting back on military spending made sense because we’re broke, got attacked anyway on 9/11, and only foreign countries benefitted from our “free” military help. Less love for Israel was for placating the Middle East Arabs or Muslims.

Obviously, part of the powers group, Israel and Military, recruited Trump assuming he would win, enabling the “splinter group” to reverse “parts” of the reversal.

I knew RIGHT AWAY what was going on when Trump started campaigning about his love for Israel and the Military. The major part of the reversal is still intact. Rebuilding the wages and wherewithal of US Consumer/taxpayer.

They put our weak dollar economic recovery on hold in 2014, to “spin” Europe et al with lower currencies inverse dollar. Last year they started back on the US weaker dollar recovery.

They may be dealing with a too little too late start last year. If so, and our economy SLOWS down instead of climbing, with increased spending and higher national debt? It may get out of hand. The lower dollar. And higher gold.

running like a goosed golem.

will it have legs??

I’m with you Buygold, dudes are on vacation still. But this is a great way to start with fireworks in the right direction

Will be interesting to see how it plays out.

I suspect there are a few riggers still at their Hampton homes today.

I tend to agree about Trump having handlers, but some of what is going on at times makes me think he’s also draining the swamp. The confusing part is that the swamp creatures are also the neocon warmongers.

I sense the Pakistan thing has as much to do with US support of India and also China and Pakistan talking about bilateral trade that excludes the USD. Almost as if he’s pushing them to go ahead and do it. Maybe he’s just trying to save some aid money.

You had some interesting comments about the dollar, if it is the dollar’s turn to weaken then they appear to be doing a pretty good job of it. I guess we should probably expect a bounce soon though.

Now I see they (Trump) are going after Pakistan? See how “they” operate?? They always need someone or some country to pick on. 🙂

Trump himself does not care one bit about Pakistan. Or being president of the world. He obviously has handlers he reports to.