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

I think she’s screwed … something something about chickens, roosting

Posted by ipso facto @ 13:50 on July 23, 2019  

Ethics Complaint Filed Against Rep. Ilhan Omar; Accused Of Immigration, Tax And Student Loan Fraud

https://www.zerohedge.com/news/2019-07-23/ethics-complaint-filed-against-rep-ilhan-omar-accused-immigration-tax-and-student

test

Posted by Richard640 @ 13:44 on July 23, 2019  

Most economists anticipate that an annualized pace of 1.5%-1.8% after 3.1% in Q1.

Posted by Richard640 @ 13:08 on July 23, 2019  
https://www.fxstreet.com/analysis/highlights-in-the-week-ahead-201907211543
 

The US reports its first estimate of Q2 GDP on July 26.

Most economists anticipate that an annualized pace of 1.5%-1.8% after 3.1% in Q1.  The Federal Reserve collectively sees trend growth, or the non-inflationary pace to be around 1.9%.  At the beginning of the expansion, it has estimated the central tendency to be near 2.65%.  The price deflator may have doubled to 1.8%, and the core measure is likely to have risen from 1.2% rate seen in the first part of the year.

The market impact may be minor and primarily limited to the headline effect.  What the Fed decides to do at the July 30-31 meeting is not so much a function of Q2 GDP.  It is not really based on the current data, and as the Fed’s Clarida explained, one needs to move before the data turns down.  NY Fed’s Williams call for swift, preemptive action when necessary also helped depress the implied yield of the August fed funds futures to a new contract low below 2% before rebounding a bit ahead of the weekend and after the NY Fed suggested Williams comments were misinterpreted.

The market was eager to believe the Fed was going to cut 50 bp in one move that it seemed to willfully confuse the seeming assurances of the timing with the magnitude of the move.  At one point, the fed funds futures market was pricing in around a 70% chance of a 50 bp cut.  The pendulum of sentiment began swinging back, but it still finished the week better than a one-in-five chance of a 50 bp cut.

BAANG Stocks versus FAANG Video

Posted by Mr.Copper @ 12:26 on July 23, 2019  
  • John Roque, technical analyst at Wolfe Research, believes a group of gold miners he coined as ‘BAANG’ are better plays than mega-cap FAANG names as the popular growth stocks might have reached their peaks and have started losing steam.
  • “We made this index BAANG in homage to the fading FAANG.” Roque said. These gold miners are “much like gold. So gold has broken out but it’s still down way from its highs in the 1900 thereabouts and we think both gold and those stocks have more room.”
  • BAANG stocks are Barrick Gold, AngloGold, Agnico Eagle Mines, Franco-Nevada and Gold Fields.

 

https://www.cnbc.com/2019/07/22/forget-faang-growth-stocks-one-technical-analyst-touts-baang-stocks-for-a-new-scarier-era.html

Comment:

Guy above sounds like he knows what hes talking about. Those 5 miners am very familiar with. Are good companies. If the trend continues the mutual fund managers target the big caps. They have too much money for smaller caps. The Canabis stocks may be taking a back seat now to the PMs. (Precious Metals Miners)

Looks like Maund’s correction may be here

Posted by Buygold @ 11:39 on July 23, 2019  

Hopefully nothing too crazy but no doubt there are tons of gaps to be filled in these shares.

Had to figure the scum wouldn’t let us blow right through $16.50 on the first try knowing the implications.

Maddog @ 11:03

Posted by ipso facto @ 11:06 on July 23, 2019  

Thanks for the insights and Good Luck to Boris Johnson!

Sure hope the citizens don’t get screwed on Brexit.

from Jesse’s

Posted by ipso facto @ 11:04 on July 23, 2019  

“When you live under such an oligarchy, there is always some crisis or the other that takes priority over boring stuff such as healthcare and pollution. If the nation is facing external invasion or diabolical subversion, who has the time to worry about overcrowded hospitals and polluted rivers? By manufacturing a never-ending stream of crises, a corrupt oligarchy can prolong its rule indefinitely.”

Yuval Noah Harari

ipso facto

Posted by Maddog @ 11:03 on July 23, 2019  

Boris should be good news, well almost anything would be better than the miserable hag Treason May. His problem is the v small majority he has in the House of Commons, 60 % at least of his MP’s are for staying in the EU, despite their own electorates wanting out.

His majority is only 3 …so he only needs two MP’s to vote against him, to stop him passing legislation. The betting is that he will have to call an early election, but to do that he will have to do a deal with Farage, or the leave vote gets split and Corbyn gets in.

How he handles dealing with Farage will be v interesting, as Farage has the wip hand…..hopefully they will deal and win the election, Farage can then demand a v good deal, or no deal from the EU…..either way we are going out…..if Boris tries to go it alone, with a warmed up May deal, then he is dead

D’oh! Better get those presses rolling …

Posted by ipso facto @ 10:55 on July 23, 2019  

Richmond Fed Unexpectedly Crashes To Lowest In Over 6 Years As Order Backlogs Disintegrate

https://www.zerohedge.com/news/2019-07-23/richmond-fed-unexpectedly-crashes-lowest-over-6-years-order-backlogs-disintegrate

I’m sitting on a big loss on this one but at least they’re going in the right direction

Posted by ipso facto @ 10:38 on July 23, 2019  

Dolly Varden Hits 24.9 metres grading 385 g/t Silver in the Chance Target Area, including 4.7 metres grading 1,607 g/t Silver

https://ceo.ca/@newswire/dolly-varden-hits-249-metres-grading-385-gt-silver

Dollar be damned

Posted by Buygold @ 10:33 on July 23, 2019  

Every time I think they’re coming in to hit the metals, they power right back.

Pretty damn impressive.

Spinoff from Bonterra

Posted by ipso facto @ 10:28 on July 23, 2019  

Gatling Drills High-Grade Gold in New Holes at Larder Gold Project, Including 12.7 g/t Au over 5.0 meters

https://ceo.ca/@newswire/gatling-drills-high-grade-gold-in-new-holes-at-larder

Excellon Announces Q2 2019 Production Results

Posted by ipso facto @ 10:24 on July 23, 2019  

https://ceo.ca/@newswire/excellon-announces-q2-2019-production-results

Quite a chart recently!

Friday. will be a big day=plan accordingly-a weak #, gold zooms-a strong one, no telling what gold would do-maybe not much.

Posted by Richard640 @ 10:24 on July 23, 2019  

[very impressive that gold is up a buck with the $ index up .430 as I write]

Investors Look Forward to GDP Data Before Fed Decision

Reports on housing, durable goods and economic growth are due prior to expected rate cut

The S&P 500 has advanced almost 19% in 2019, getting a boost from expectations for the first interest-rate cut in a decade.

By 

Jessica Menton

July 21, 2019 12:00 pm ET

Stocks are on one of their strongest runs in recent memory. Gains this summer have taken U.S. shares to fresh records, thanks in part to a Federal Reserve in a position to cut interest rates this month.

Before the Fed’s first cut in a decade happens, investors will get a fresh read on the health of the economy. Reports on new-home sales and durable-goods orders are scheduled for Wednesday and Thursday, respectively, followed on Friday by a first reading of second-quarter economic growth. Recent data on retail sales, the labor market and industrial production over the past few weeks has been unexpectedly strong.

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

Golden Arrow Resources Announces the Sale of its 25% Ownership Interest in Puna Operations for $44.4 million (to SSR)

Posted by ipso facto @ 10:00 on July 23, 2019  

https://finance.yahoo.com/news/golden-arrow-resources-announces-sale-223000880.html

Maddog

Posted by ipso facto @ 9:47 on July 23, 2019  

So what do you think of Boris Johnson the favorite to be the new UK PM? Is he the answer to all the problems?

and what about this?

“Trick Or Treat? Less Than Half Of Brits Believe UK Will Leave The EU On Oct 31“

When your standing in a hole … Stop Digging! Do they think socialism will save them?

Posted by ipso facto @ 9:35 on July 23, 2019  

Illinois Lawmakers Push Property Tax Hikes To Fund Affordable Housing

https://www.zerohedge.com/news/2019-07-22/illinois-lawmakers-push-property-tax-hikes-fund-affordable-housing

Captain

Posted by Buygold @ 9:22 on July 23, 2019  

I’d imagine all eyes are on $16.50 then, including scum eyes.

Still even with the USD as strong as it has been, silver strength is amazing.

Hopefully we can bust up, silver shares seem to be anticipating it.

They just can’t keep a good gold down! Hey Shorty how do you like dem apples?

Posted by ipso facto @ 9:16 on July 23, 2019  

🙂

Buygold

Posted by Captain Hook @ 9:08 on July 23, 2019  

Yes if silver can close above $16.50 today it can go to $21 very quickly.

Cheers

The Cold War

Posted by commish @ 9:05 on July 23, 2019  

This country seems like East Germany during the Cold War.  Afraid to say anything with the KGB (or Social Democrats) ready to pounce on you.  You could lose your job or promotions by not towing the line.  Police in the cities  looking the other way when favored political groups assault other groups.  Think people would be able to see what is going on.

R6

Posted by Buygold @ 7:30 on July 23, 2019  

Much better than it was last night, silver the beast tracking flat.

No stopping the USD, rates up a tick. surprised gold is holding its own here.

Silver’s 18 cent off thr low—gold 4.50 off the low but still down 7.70

Posted by Richard640 @ 3:54 on July 23, 2019  

http://futures.tradingcharts.com/marketquotes/SI_.html

Gold Train

Posted by Maya @ 2:39 on July 23, 2019  

rrflasher-copy

Grand Canyon Gold
https://railpictures.net/photo/700204/

 

Forced Vaccinations are coming (thanks to Real ID)

Posted by joe12pack @ 22:45 on July 22, 2019  

270 adult vaccinations coming and if you don’t get them all– you won’t be able to drive or fly thanks to the Real ID program being tied to your vaccinations.

https://youtu.be/dzkA3b9apW8

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