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

Ya that’s right. Silver should have been up a few dollars yesterday with all the buying that occurred.

And the idiot hedge funds just keep buying those futures / derivatives.

This sets up the likelihood of a another smash down at some point, maybe post the Fed rate cut next week.

I would like to see some of them come out and say they understand the game and are buying physical.

That will never happen of course if they don’t want to get cut off the liquidity spigot.

So it will have to be outsiders.

This is why it’s taking so long.

Cheers

Fortunately, I get to sleep through all that overnight drama. I do agree with you, it has been a more bullish pattern lately. Way better than being up $20 overnight only to see it washed away during the day.

I see SLV is up $.15 or 1% this am. I actually thought it might have trouble at the $15 area – shows you what I know.

Gold down $5, should be able to come back if silver stays strong and rates fall a bit.

I’d love to stay overbought for months…

Dammit! it bothers me that stocks and bitcoin can rise for weeks on end without the need for a daily alibi/pretext…but here is the story–note. that it says the news “slammed the euro”–I just checked the $ index and–thank god–it is still red. but barely so…and that’s all that is needed–also they are buying bonds–not by much–and that eliminates another point of worry for PMs–so gold has a green light to get its a** in gear and go up.

The FILTH attack gold overnight when trading is thin…then. it slowly recovers by morning and goes on to have good day…last night they managed to drop gold to a 9 buck loss…but tonight gold tacked on 9 bucks in late day trading…it’s 3:14 am and gold’s only down $1.30-$10 off the high– at 1422….silver’s up 6 cent at 15.03–that’s 7 cents off the low…actually this pattern is bullish and what a gold bull should want to see…

Better this way, than coming in the morning with a $20 gain that gets whittled away all day…this keeps the longs nervous and cools off sentiment…of course none of this reasoning applies to stocks or the likes of a Bitcoin…they can keep going up for days, weeks and months on end with no discussion of RSIs or COTS…yeah, when the VIX gets real low, there’s some discussion…but the VIX can stay low for months and stocks just keep doing their thang..

Minneapolis/St. Paul commuters ride
the Northstar to rural Minnesota.
https://railpictures.net/photo/701595/

I can only hope silver runs.  I have a lot of phyz silver stash.  I love the TA showing possible runups in silver.  But of course TA is always correct in hindsight.  Predicting the future is problematic, so I will believe it when I see it…  at which point it becomes 100% correct hindsight.

I think the system is stressing, and we will see the greater depression soon.  A silver dime will again buy something of real value.