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

if this is for real, it’s great.

Posted by treefrog @ 21:39 on December 27, 2018  

if it’s a joke, it’s a great joke.

https://deplorablepartyusanews.blogspot.com/2018/12/jeff-flake-indicted-by-mueller-probe.html?spref=fb&m=1&fbclid=IwAR2eFImKjTAEDSI5jX18CGk9js-EtwAs1_OmliCI6D8cII4MzO7GUEC-pFk

 

52e69f23c40c9a9e4b30c476bf95af23

volatility, liability to change rapidly and unpredictably, especially for the worse.

Posted by Mr.Copper @ 19:48 on December 27, 2018  

Hi Maddog

Posted by Buygold @ 16:27 on December 27, 2018  

I have no clue what the machines are doing at any given moment. It wouldn’t surprise me one bit if the machines were controlled by the PPT, which IMHO is just a conglomerate of the big banks and treasury.

I’m not sure how long they can keep it going but if we could print unlimited fiat we could probably keep thing afloat for a decade as well.

Still, I’m really surprised by the SM comeback today. Pretty amazing.

Buygold

Posted by Maddog @ 16:17 on December 27, 2018  

Re SM

the major question is have the machines gone bearish and if so will they turn them off, before zero !!!!

Richey, re “Trump would activate the Plunge Protection Team over the weekend??”

Posted by Mr.Copper @ 16:06 on December 27, 2018  

re Why Stocks Are Soaring? I don’t believe that at all. My guess is they started right away. Why would the Plunge Protection Team wait too long to do their job?? Makes no sense at all. And “Somebody bought $64 billion in equities” So that sounds fishy too, because for every buyer of $64 billion there had to be a seller for $64 billion. I think “Tyler Durden” is full of crap to be blunt about it.

Hi Winedoc, R640

Posted by Buygold @ 16:00 on December 27, 2018  

Winedoc – at least we didn’t get crushed as the DOW came back. Silver still near the highs. PM shares not real strong but could be worse.

R640 – yeah funny they must put it all to work in the last half hour

Genius

Buygold–did u see the ZH article yesterday about Pension fund rebalancing before the close of the year?

Posted by Richard640 @ 15:54 on December 27, 2018  

Seems like they have some $64 billion to deploy-with 11 minutes to go, the best they can do is get the DOW green by 114 pts!!

That’s bear mkt action…they got tomorrow to try again…this mkts going down hard when it opens on Wednesday next week

…and. gold to da moon

**********************************************************************

Why Stocks Are Soaring: A Massive, $64 Billion Buy Order

Last Friday, when stocks were tumbling, we reported “some good news for the bulls” which was lost in the overall chaos over the latest mutual fund liquidation discussed earlier.
And no, we did not anticipate that President Trump would activate the Plunge Protection Team over the weekend: the good news in question was that as Wells Fargo calculated U.S. defined-benefit pensions fund would need to implement a “giant rebalancing out of bonds and into stocks” – in fact the biggest in history – with the bank estimating roughly $64 billion in equity purchases in the last trading days of the quarter and year, prompting the banks to ask if traders are about to make pension rebalancing “great” again.
Judging by today’s market action, the answer is a resounding yes, even though as Wells warned investors and traders looking for a desperately needed respite from market gyrations “may have to deal with yet one more seismic bout of volatility before Dec 31 finally pops up on their calendar dials.”

Gold Price Potential On This Leg Up???

Posted by Mr.Copper @ 15:53 on December 27, 2018  

Chart below, look at the late 2015 final bottom, at $1,050. Six months after that, Gold was$1,350, $300 up in SIX months by summer 2016, then Trump and the new rhetoric or “plan” convinced everyone “the economy is going to boom, we’re going to bring the jobs back, we’re going to lower everybody’s taxes, we’re going to increase military spending, interest rates are going higher, and we LOVE guns and love the second amendment. We’ going to build a wall and block immigrants also. Open the coal mines, defang the EPA. We’re not going to take it anymore.” Lately the bad mouthing the Fed, that’s another big reversal.

So right off that bat, the people thought, forget about Gold, don’t need it, everything’s going to be fine. So Gold and Silver started crashing but bottomed with a higher low. Sell your Smith & Wesson and Ruger stocks, gun sales will fall off a cliff without Obama. And both stocks dropped hard. So, about three months ago gold made a THIRD higher low point around $1175, so add $300 to that, ($1475) and that’s what I think is the minimum of what can happen, in six months or less, because this is a continuation of the prior gold breakout that started in late 2015 at $1,050 A REDICULOUSLY low price for an ounce pure Gold.

https://finviz.com/futures_charts.ashx?t=METALS&p=m1

 

 

Buygold 15:45

Posted by winedoc @ 15:48 on December 27, 2018  

Buygold

Seems like we can never win …….

Thin holiday markets ……..

Onward Pilgrims

Winedoc

Wow PPT in action

Posted by Buygold @ 15:45 on December 27, 2018  

Never underestimate the power of printed fiat

These aren’t markets they’re manipulations

Lionel’s Review of 2018 (2.36 min)

Posted by commish @ 14:47 on December 27, 2018  

https://youtu.be/XQeZKyjwg0A

Happy Hour in Canada

Posted by winedoc @ 14:02 on December 27, 2018  

Its early happy hour  today with holiday hours in the office !

Hey Buygold et al …….

Still checking in daily 🙂

I think today is the last session for tax loss selling on Canadian Exchanges.   Hope to see Venture Exchange (CDNX)  bust a good move in 2019 ……

Meanwhile gold in Canadian dollars is a mere $75 dollars from ATH

“No One”  said this would be easy ……..

backpacka-2

gold_10_year_o_x_cad

Winedoc

 

Comex gold

Posted by redneckokie1 @ 13:06 on December 27, 2018  

Looks like the top of the channel is about $1295-$1300. We might correct from there but trend is still up!

 

rno

OK since I’m the only one posting

Posted by Buygold @ 13:04 on December 27, 2018  

and basically talking to myself (and you too Goldie) 🙂

FWIW – Joe Terranova of CNBS Fast Money said he thought money would migrate to gold and it would have a good start to 2019 and a good year.

Not a fan of old Joe but I actually agree with him…

Gold futures hit $1280

Posted by Buygold @ 12:52 on December 27, 2018  

My newest predicament is $1400 by the end of January. Then I’m really going to open

Image result for can of whoopass pic

Goldie you could be right

Posted by Buygold @ 12:29 on December 27, 2018  

although pm’s and shares moved up and down from mid August until the beginning of December.

They’ve been moving higher for the month of December although nothing spectacular

I wonder if there is still some tax loss selling, but if that’s the case why hasn’t there been a lot of tax loss selling in GLD and especially SLV?

I’m sticking to my prediction (predicament) 🙂 that pm’s go up through January and then pause.

I think you’re right about DOW 17K or even lower. With all the noise of the last three days, the DOW is just flat. That’s not good for the bulls IMHO.

Buygold

Posted by goldielocks @ 12:11 on December 27, 2018  

Continued: Nope Dow hasn’t pulled out yet.

H/T Art Cashin. But what is the purpose of the story in relation to financials? Cash in art?

Posted by macroman3 @ 12:03 on December 27, 2018  

https://www.youtube.com/watch?v=kvDMlk3kSYg

Buygold

Posted by goldielocks @ 11:35 on December 27, 2018  

I think PMs are gonna move up and down for awhile.
I mentioned they probably will but not so sure if they hold after next month right now. If it continues inverse like they are as of the other day that would be bullish because of the bearish Dow that could go as low as 17k
Haven’t checked after this bounce or a dead cat for now bounce what it’s doing to see if it pulled out or not.

Morning Goldie

Posted by Buygold @ 10:11 on December 27, 2018  

USD down a bit, might have to keep my can closed unless pm’s start to pick up the pace.

One thing seems sure, pm’s are going inverse to the sm.

Not liking the action enough just yet to bring out my can.

Looks like we might be contending with a little more tax loss selling.

Buygold

Posted by goldielocks @ 9:58 on December 27, 2018  

Well I got the bandages incase you cut yourself opening it. Hanging in there so far.

Newmont

Posted by Buygold @ 9:55 on December 27, 2018  

The only S&P stock that is up according to CNBS

Go figure

Kind of a rarity for established companies

Posted by ipso facto @ 9:26 on December 27, 2018  

Eldorado Gold Announces Closing of Share Consolidation

https://ceo.ca/@nasdaq/eldorado-gold-announces-closing-of-share-consolidation

SM Giveth, SM taketh away?

Posted by Buygold @ 8:38 on December 27, 2018  

This reminds me more of 2001 than the 2008-09′ period

PM shares did better yesterday than they probably should have so we may have to struggle a bit?

Still might have to bring it out…

Image result for can of whoopass pic

Gold Train

Posted by Maya @ 2:32 on December 27, 2018  

rrflasher-copy

Suddenly, from up the street there arose a clatter,
Santa rolls thru town driving a…. Gold Train.
http://railpictures.net/photo/681756/

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.