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

Bonds falling off a cliff

Posted by Maddog @ 9:12 on July 5, 2019  

5 yrs are up 6.35 % and 2’s are up 7.25 % and going……!!!!!!

Good to go

Posted by ipso facto @ 9:10 on July 5, 2019  

Fetal position … check

Tinfoil hat …… check

Contempt for the cretins … check

Well ain’t that amazing..whatever the No’s were they were great for the CoT commercial shorts in AU.

Posted by Maddog @ 8:57 on July 5, 2019  

Dollar going well bid, Bonds flat footing all the longs and of course Gold back below 1400.00….which must happen to ‘rescue’ the weak SM.

Now no doubt we will have unlimited selling at 1400, for the rest of the day.

Gold won’t come back but stocks probably will–the DOW is down 104–what a joke!

Posted by Richard640 @ 8:46 on July 5, 2019  

always a reason to buy stocks=

slowing economy and jobs-dovish FED–then buy stocks

strong economy–good job creation–good business conditions=buy stocks

good news/bad news=sell gold

There is a chance that “this is it” and the entire rally slowly gets reversed…no matter how “iron clad” the logic is that gold has started a major, mega-bul market

225K jobs–O, well…it. was fun while it lasted–so glad I took my $30+K profit on my. CDE

Posted by Richard640 @ 8:38 on July 5, 2019  

Buygold–we. still run the risk that this entire rally will be stopped and reversed-we’re not home free

Posted by Richard640 @ 8:26 on July 5, 2019  

The action on Friday was awful…there is a chance. that even with a weakish number they either limit gold to a few buck gain or actually sell it of 10 or 20 bucks…whatever happens, it’s an exciting day!

R6

Posted by Buygold @ 7:34 on July 5, 2019  

Would tend to agree, almost would rather see gold a little weak coming into the report.

Will be interesting to see if the report follows the ADP and also be interesting to see what the USD and Bonds do today.

7:06 am–A good sign=gold down $3 but they’re. buying JNUG–Friday gold was up $14 & JNUG was red all day

Posted by Richard640 @ 7:09 on July 5, 2019  
Updated: July 5, 2019,7:07 am — 7:07 am

As Deutsche Bank swirls around the toilet bowl…as many as 20,000 job cuts worldwide

Posted by Richard640 @ 7:01 on July 5, 2019  

Chief Executive Officer Christian Sewing is poised to adopt a sweeping restructuring plan focused on as many as 20,000 job cuts worldwide and a pullback from large areas of investment banking, the people have said. The bank may shutter U.S. equities trading entirely and a number of senior executives including U.S. chief Tom Patrick are leaving the bank, they said. The bank hasn’t yet detailed the cuts or how they’ll be distributed.

Chief Executive Officer Christian Sewing is poised to adopt a sweeping restructuring plan focused on as many as 20,000 job cuts worldwide and a pullback from large areas of investment banking, the people have said. The bank may shutter U.S. equities trading entirely and a number of senior executives including U.S. chief Tom Patrick are leaving the bank, they said. The bank hasn’t yet detailed the cuts or how they’ll be distributed.

https://www.cnbc.com/2019/06/28/deutsche-bank-reportedly-considering-up-to-20000-job-cuts.html

Today will be a big up day for gold-it’s a good thing gold is red going into the jobs report.

Posted by Richard640 @ 4:39 on July 5, 2019  

 
Actually gold needed more of a time out sitting on the bench-that helps it get its [RSI] overbought situation in better shape–Alex Batmusky, a J.P. Morgan bond trader said “an absolutely blockbuster number would be. required to get the FED to not cut at the July meeting”   Here is the supporting documentation from a most reliable source–none other than J.P. Morgan–if they’re betting on. a rate cut, then this jobs report is nothing to worry. about=
J.P. Morgan Asset Buys Bonds Mulling Fed at Zero, Return of ECB QE
BloombergJuly 5, 2019

(Bloomberg) — JPMorgan Asset Management is buying Treasuries and Italian bonds betting the Federal Reserve will cut interest rates multiple times this year and European policy makers will resume quantitative easing.

The $1.7 trillion money manager is snapping up U.S. five- and 10-year notes as it predicts slowing inflation and global trade tensions will convince the Fed to lower its benchmark by 75 basis points this year. Italian bonds will be one of the major beneficiaries if the European Central Bank restarts debt purchases, said Seamus Mac Gorain, head of global rates in London.

Italy Attractive

JPMorgan has turned constructive on shorter-maturity Italian bonds, including five-year securities, in a bet they will be boosted as the ECB resumes debt purchases.

https://ca.finance.yahoo.com/news/jpmorgan-asset-buys-treasuries-italian-232730730.html

Silver Train

Posted by Maya @ 3:16 on July 5, 2019  

rrflasher-copy

Winding along the Colorado River thru the Rockies.
http://www.railpictures.net/photo/692045/

 

commish @ 19:39 – Joe Walsh

Posted by Maya @ 3:07 on July 5, 2019  

1977 footage… cool.  I saw Joe & The James Gang at Asbury Park, New Jersey in 1972.  My claim to fame is..,, I once outbid WB6ACU on eBay for a  JW Miller tuning coil for an antenna tuner.  Of course I paid too much.  He stopped at a rational price.

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