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

https://www.cnbc.com/2018/04/25/first-drone-warship-joins-us-navy-nearly-every-element-classified.html

IMPORTANT REMINDER:  The Gold & Silver prices will not collapse along with the broader markets because they have been close to their lows for several years now while the markets are near their tops

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If we look at the MACD technical reading on the bottom of the chart, we can see a very ominous setup.  The Dow Jones Index high trend-line (upper black dotted line) is about 1,000 on the MACD.  As of trading today, the MACD is at 1,761.  However, when the markets crashed in 2009, the MACD fell to a negative 1,000+ points.  So, as you can see, the Dow Jones Index has a long way to fall before it first gets to the “O” base-line.

https://www.zerohedge.com/news/2018-04-25/gold-silver-ultimate-hedge-against-everything-wrong-markets

Wednesday, April 25, 2018

The Beatings Will Continue Until Morality Improves

Peak consumption
Peak corporate profits
Peak leverage
Peak speculation
Peak asset values
Peak delusion

The Idiocracy is boxed in by their own amoral bullshit. What can you say about an aging generation of thieves and con men willing to steal from Social Security, raid Obamacare, and plunder their own grandchildren to fuel their insatiable profligacy? Nothing good…

 

And yet, sadly there is no *free lunch* in markets, so with each tick higher in bond yields, ironically, the Trump tax cut is monkey hammering stocks. The inevitable consequence of fiscal impropriety, unforeseen by a generation of thieves and idiots.

 

Who would tell them this could happen? Wall Street? Car-Salesmen-turned-investment advisors? Larry Kudlow? CNBS?

 

It’s Supply Side Ponzinomics taken to its level ’11’ self-destructing conclusion. 

“With the 10-year yield hitting the 3 percent mark, financial markets around the globe have fallen, with European and Asian indexes trading in the red Wednesday.”

http://ponziworld.blogspot.com

Is probably a lot closer to this, making no real progress and always coming back to the station. Lol

Hi Elliott,

It’s good to see you back because back on the 17^th I asked the question below and never saw a reply.  There’s a good chance I may have missed your answer.

Could you please re-post?  I really am curious to know.

@ Elliot – a question – the Pentagon

Posted by drb2 @ 22:06 on April 17, 2018

Hi Elliot,

I am not trying to Monkey Pile on you here, but please remember you brought up the subject.

I would like in the worst way to believe that 911 is just as the media sells it.  But the problem for me, even as I watched it happen live, is that it doesn’t pass the “smell test” in so many ways.

One of those for me is the Pentagon. I have trouble imagining that the Pentagon did not foresee such an attack.  Tom  Clancy sure did.

Where were their defenses?  Surely, at least, they had every square inch under CCTV coverage.  All we got to see was some grainy pics from a parking lot or somewhere.

I would be interested in hearing your thoughts on that.

Vote Vote

http://www.newgold.com/investors/NewGoldNews/PressReleaseDetail/2018/New-Gold-Announces-2018-First-Quarter-Results/default.aspx

Silver OI stunner

Bill,

The bizarreness that is the silver market just ratcheted up its bizarreness another notch. While silver was gaining a measly 11 1/2 cents yesterday its OI plunged a whopping 12,873 contracts – that’s one hellof a lot of short covering for such a puny gain. That’s over 1,000 shorts per PENNY who managed to flee the scene without pain. The May contract lost a gargantuan 26,310 contracts, almost 13% of the entire OI. Obviously many of the May shorts were NOT rolled into July, which could be construed as bullish. At this rate we could lose another 40K in OI before silver without silver ever crossing the $17 threshold. Once more these are Houdini-like shorts, who never seem to have to pay the price for a blunderous position. It was obvious too silver was being capped all day, making it even more preposterous how that kind of escape could happen. No doubt too Harvey will have a field day with the monstrous EFP’s that were done.

The metals should hold their ground close to here if the recent rally is going to resume. It is important to remember not only how quickly silver shot to $17.38, but how unusual that was in recent cartel terms. In the meantime I view the odds of silver exceeding $17 by May 1 at somewhere around 0.0001%. After May 1st the odds of even more bizarre behavior- either way – is at 100%. The setup is as bullish as can be, but as we know that ship is still marooned on Cartel Island. Hey, even Gilligan and his merry band of 1960’s sit-com buddies eventually managed to sail away and escape Gilligan’s Island, right?

James Mc…

and anti- conspiracy fellow, presents his own conspiracy case. Zero Hedge is a Russian propaganda site! It’s the Russians, It’s always the Russians!

https://finance.yahoo.com/quote/NUGT?p=NUGT

Elliott, this fool and nutcase was hoping that you had just gone away!

the SM is blasting higher and they start dumping the PM shares….

but some might say the lack of selling in the shares is a positive development….

Wonder if they’ll bring the DOW back up 400 pts. to make up for yesterdays losses?

I think the US spends quite a bit more on defense than is needed for the protection of the country. JMO

Will be a good poll.

What I saw is mucho or should I say beaucoup manipulation as far as turning us into their war machines. Yes definitely they need to take more responsibility to their wars and decisions that lead to them. Instead of our 2000 groups to their 200 if that, it should be the opposite. Financially too. They enjoy free health care also that can come at a cost esp UK where they can decide your course as their ” subject” instead of sovereign citizen and free college from the money they save. We’ve spent trillions. What do we get out of it but generations of our children maimed and killed, a bill and no free college for the kids also strapped down with healthcare cost where they get crumbs in return.

I think through NATO we’ll be helping guarantee Europe’s sovereignty for a long time. I don’t know if the US should withdraw from there completely but certainly to some extent. Plus of course the Europeans should be more responsible for their own defense. Not that I think Putin is thinking of invading anyhow. MAD is a pretty good deterrent. All the shi# stirring makes for good profits for the defense industry.

That is v funny tks.

Thanks for that update.
Re: OPCW Chemical Inspection Team Reaches Douma After Issuing Statement Negating “Russia Cover-Up” Claim

Russia who said there were no chemical weapons. Still no real answers. I’m aware they want Assad out at the same time.
France here, heard most of the speech. Although he sounds he means we’ll still every paragraph appears to carry the words NWO till had to turn it off.
Europe has dragged us in one war after another because they don’t learn till it’s too late. They thought Hitler was great.. at first.

Yukon Cornholius Four Star Wed, 04/25/2018 – 12:53 Permalink

“The employees, who oversaw the Petropiar project co-owned by PDVSA and Chevron, were jailed when they allegedly refused to sign supply contracts concocted by PDVSA that skipped the normal competitive bidding process, according to multiple sources. The parts mentioned in the contract were reportedly double the fair market price.”

Chevron Evacuates Venezuelan Executives As Two Workers Face Treason Charges

LOL That’s why I don’t buy glass stuff. 🙂

I know what you mean … over the years we’ve been hearing of numerous developments that would cause gold to skyrocket and it hasn’t really happened yet. Obviously THE RIG comes into play here in a big way. That said I think the weight of new developments like the petro yuan and SGE and older ones like the debt problem are going to tip over the status quo and unrig PM prices. I think you do too.

THE PIE CRUST IS STRETCHED THIN AND BUBBLING! PUNJAB CUT THE ROPE!

and maybe a strong last hour…SIL 32 cent off the low–CDE-PAAS-WPM all green–GDX almost green and 32 cent off the low

https://finance.yahoo.com/quote/%5EHUI?ltr=1

https://finance.yahoo.com/quote/WPM?p=WPM

Looks like CRIMEX futures are frozen until the 1:30 chicago close…then maybe they’ll free up…

….or NOT !