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

“100 area on HUI”

I think you’re wrong about that. I sure hope so! I guess we’ll find out.

Cheers

not sure why the Fed would want the USD a lot stronger unless it is to fight inflation, which seems to be non-existent, at least in commodities.

We are already seeing cracks in the housing market and likely in auto financing.

The SM is the last bubble to be burst.

Yes the quality shares should be OK eventually no matter what comes our way — exchange closures etc.

I wouldn’t do anymore buying now however — until the HUI goes back down to test the 100 area at the earliest.

If October proves to be the top for the broads, then you count six months for a bottom in PM shares due to broad-based deleveraging — March? April?

Cheers

I’ll be glad when the year’s over. What a brutal beating it’s been!

I’m not sure how much more tightening there’s going to be. Already some sectors like housing have started to dive. I’d love to have a look inside Powell’s mind.

Those margin clerks will get no skin from me. The mining shares are volatile enough for me without borrowing for more speculation.

Cheers

Euro Sun Announces Mining License for the Rovina Valley Project Fully Approved by Romanian Government

TORONTO, Nov. 12, 2018 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce the completion of the ratification process of its exploitation permit and mining license for the Rovina Valley Project in Romania. Euro Sun’s mining license was signed by the Prime Minister of Romania at the weekly meeting of the Romanian government on November 9, 2018, as press released through the Government of Romania website.1

https://ceo.ca/@nasdaq/euro-sun-announces-mining-license-for-the-rovina-valley

There’s a pop

http://schrts.co/5aQtKJ

I watch the tape all day and I can tell you the consensus among the aggressive speculators is still quite bullish going into the eye of the storm. The latest COT numbers evidence this statement.

So if stocks crack going into year-end, which is a distinct possibility because speculators are playing the seasonals — a year-end rally is guaranteed in their minds — and you have a recipe for an accident going into December — especially if the Fed tightens again because they need to keep the $ propped.

Time to be careful with the margin clerks warming up their dialing / sell order fingers.

Cheers

Seems like this stuff has been sold for tax losses all year.

No end in sight with the USD as strong as it is.

“Tax loss selling could be brutal this year”

That’s a scary thought. Hopefully most of the sellers are done. The PM shares are a broken battlefield with bodies lying everywhere.

I agree on phyzz. I think most here have some … for when the paper burns …

Cheers

That’s unfortunate to see. But get use to it because this is the tip of the iceberg as idiot / bullish paper market / derivatives speculators keep prices depressed — driving all the marginal / indebted companies out of business.

Tax loss selling could be brutal this year.

Buy and hold bullion. Take away the power of the money changers. Stop speculating in these rigged markets. Protect your wealth. Blaa…Blaa…Blaa…right? True – but the only survivors of this clusterfuck in the end will be the bullion holders.

At the beginning it comes slow…and then all at once.

That time is close now.

Cheers

Red Eagle Mining Received Default Notice

https://finance.yahoo.com/news/red-eagle-mining-received-default-234046710.html

Try homeopathic pellets called Rhus Tox for the arthritis…amazing stuff.

https://www.zerohedge.com/news/2018-11-11/johnstone-best-way-honor-war-veterans-stop-creating-them

I can’t help but see a banker’s face on all the children’s faces when the Vets turn to them and say “I fought for you”