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

Re: so it looks like one of the best days ever for me , but it is a fake number .
Lol ? that was funny. So was Ipso’s “can’t hear you with all the bombardment” but dared not say anything cuz I wouldn’t blame anyone for being say not to happy about it and still don’t.
They should make it a law they publically announce a split at least weeks ahead to any of the share holders. They should make reverse splits against the law all together.

substantiate that opinion, beyond those indicators already posted here by others, it is buy time for physical silver and for more shares of Wheaton Precious Metals.

Finally, a turning macro would be pertinent to gold stocks and GDX is in its 2nd day of higher than average, but perhaps not final capitulation volume.

HUI is breaking through the first support area as reviewed in a recent update. If an epic crash is in process for this sector index the big time volume may c

come at 120. But a question is, just how many people have been bullish the gold sector relative to before the crash of 2008? Not many in my opinion, w

which opens the question of where on earth would the epic puke volume come from? Which begs another question (that I am asking myself)… how g

greedy do I want to be in buying? The reversal off of whatever bottom lay ahead is likely to be ferocious, after all.

from nfrthBut you know I am a stickler about the need for the US stock market to roll over. If some of the indicators reviewed above continue to roll over and SPX follows suit I will be prepared to add gold stock positions.

My portfolio still shows the old number of shares , but at the new , higher price , so it looks like one of the best days ever for me , but it is a fake number . Reality will be in place by morning .

That these splits are a sign that it’s going to reverse and they’ve been not delivering and don’t want to pay but right now I doubt it because they’re doing them at different times.
Maya right it’s not worth it to be a long term holder on PMs it only brings pain.

Collect phyzz, ignore markets, enjoy reality therapy…   and comes home to enough ‘car parts’ to outfit a banquet table for royalty!  🙂

(Sniff…)  Is that Paper I smell burning today?

Thanks for sharing. Yes your right on all you said.

Monday, I enjoyed an overnight backpacking trip  into  Pollett’s Cove,  Cape Breton Island National Park,  with my daughter ……

No phone service for two days ……

Watching these  markets is a waste of time somedays …….

I shared a small beaker of wine with her, watching the sunset,  confirming  the importance of family, friends,  good health and a little Phyzz.

Best Regards to my friends here

Winedoc

I always thought one of my son in laws and his brother had some redneck in them and after seeing this I thought yep. After I got back from work the other day they had the house set up for my grandsons birthday. Went in the back yard to see this. Redneck pool slide.

I have a couple of duds left too. I just look at them once in awhile thinking why didn’t I just sell them? One already did a RS and just keeps going down like it does because it just means they need money and not doing well, now with less shares.
Looks like Sprott got hit hard today and if I was a holder of any of them I’d be checking the Sec records to make sure the other ones aren’t planning the same.
Phyzz won’t RS on you and your tool collection will have a better limit on the downside in a down trend.

Click on the date going forward.
Coronado Resources will have one next week. Saw another before that date.
https://finance.yahoo.com/calendar/splits?from=2018-08-19&to=2018-08-25&day=2018-08-21

Ya,

Dollar cost averaging on the tool/bike parts

I’ve missed some wicked deals/opportunities  as well

Today,   and for a while now,   the price action has  not been nice to  my PM shares,  thankfully,   I  just have a small portfolio …….

Something is “up” and its not gold and silver …….

Phyzz is all still there ……. “no change”

Best Regards

Winedoc

Here’s a list of recient splits.
Sprott had a 1:20 reverse split.
Guess you can’t even trust anyone in this sector. Maybe some producers if they don’t hedge.

https://eresearch.fidelity.com/eresearch/conferenceCalls.jhtml?tab=splits

Good find on the tool parts. You might have got it for less but maybe someone else might have got it before you could get back to it. I already learned that lesson lol Same with some collector coins. I think they just go off sale though.

20 mins to go and SM is well off lows and riseing……PM’s making new lows….

Rule No 1: No bounce allowed.

can’t even mount a slight defense in the onslaught.

Probably not a washout, which is scary considering the magnitude of the selloff.

in the last hour, to get all those drooling bottom pickers back in….well that’s the idea.

PM’s will still be sat on….as will all commodities.

It is a 20>1 ‘consolidation’ , so we’ve lost money today , not the spectacular gain it was showing earlier .

The share price went up about 10 X , so it must be that .

Sorry to be slow answering – I was offline for a couple of hours .

Even aluminum is cratered. Palladium down $50, I hope this is a final washout. Stock market is also a bloodbath . Bank of America down $.50.

rno

The CNBS mush heads would be declaring it was the end of the world.

Then again, I’ve never seen G or S ever up 4% in a day – just down.

I’m really not understanding why pm’s are getting crushed like this. Absolutely brutal.

I believe you are correct.

What is your opinion on this?

I continue to hold at a substantial loss, placing trust in Rick Rule to know what he is doing.

Probably suckered again.

Must be a reverse split ?

I am unable to trade this morning .