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

German Army struggles to equip soldiers with… BOOTS, tells them to wait till 2022

The German Armed Forces have apparently been having a hard time supplying troops with new footwear, the Defense Ministry revealed, blaming a deadline missed by two years on ineffective industry.

Responding to the parliamentary inquiry, the ministry said that the quest to provide soldiers with two pairs of ‘heavy combat boots’ and one pair of ‘light combat boots’ has been derailed due to the “limited production capacity in industry.”

https://www.rt.com/news/467513-german-army-boots-failure/

Had to happen sooner or later.

USD strong as always.

Looks like correction time. How deep is anyone’s guess, hopefully short and shallow.

Kootenay Intercepts More High Grades On Columba Silver Project, Mexico

https://ceo.ca/@newswire/kootenay-intercepts-more-high-grades-on-columba-silver

Gold – The “Easy” Part Is Now Behind Us

http://petergrandich.com/2019/08/27/gold-the-easy-part-is-now-behind-us/

Yep, we’ve seen this play out for years.

It does appear that CoinGuy’s resistance level of HUI 235 will hold up for a little while at least.

No doubt the shares have a long way to go to play catch up with the metals.

Lines in the sand as of now……same tactics. Today’s menu looks like hit the PM stocks first, then cap everything else. The playbook never gets old…..

but what stock traders don’t realize is that. trade/tariffs just. directed the focus away from financial markets real problem=debt, deficits and money printing

Stock Surge Erases All Trump-China Trade War Escalation Losses

But bonds ain’t buying it…

A crackdown in HK could be really bad. Think of Tiananmen times 100.

No easy solution for Bejing … maybe just leave them alone at least until the 50 years are up.

Is it really a “rotation” when troops are coming in but none are leaving?

are up with. stocks, the $.  and rates [just  barely]. is a. sign.  that.  there. is.  a dedicated, strong. desire. by. some. big money mamagers/hedgies. to own gold…and. probably is a sign of  trouble–not far. off–for the stock market…

The Silver Beast…

China Makes Unexpected Concession: Will Hold Off On Trade Retaliation, US Visit Discussed

Commerce Ministry spokesman Gao Feng said during a regular briefing in Beijing that China has options to retaliate, but thinks it should discuss with Washington the possibility of removing new tariffs.

4 am is when the GS boys start trading in London.

The Rothchilds and ilk like having their minions close at hand to get things rolling in the trading day.

That said, and irrespective of week/month end closes in stocks, with this mornings jam job higher (just the latest stick save), if PM’s can also close the month out strong, this could set a fire under them in September, the best month of the year for PM’s cuz the money printing gets ramped up due the seasonal slowdown summer holidays creates. (it use to be because of farmers tapping their credit lines for the harvest – still is but not as much since financialization of the economy)

Anywho, if PM’s finish strong tomorrow, it means financialization is in trouble, and a geometric progression in PM’s is likely.

So needless to say…everything is crossed.

Cheers

If. there was any “news” at that time I haven’t seen any mention of it so far

I.  did  see a few times yesterday. that stocks are ignoring the trade/tariff problem…I wonder if fund managers just said “F it” wht are we gonna do with cash? Makes sense with bonds yielding nil….after the crash in 1989 in Japan the public. stayed out of stocks for 20 years…they. just. sat in one percent bonds…so the argument that there is no alternative-TINA–is. not always. valid…but for now stocks are going up…so it appears…and this is a global move…I must say…to me it appears fragile and tentative…anybody know if the volumes have been heavy for stocks?

Interesting that they can’t. get any waterfall decline going in gold and silver…good thing I got my GUSH–up 14 cent in the pre-mkt.

The. 30  yr is 1.96%

I’m with RNO ……

Palladium has already made its move,  platinum looks ripe for the picking here …….

Buy the laggard  in the group ……..

Platinum  carburator caps ??

Onward Pilgrims

Gold hit $2060  ish last night in CDN dollars,  backed off a little over China “news”  this morning.  The algos have the news feeds and tweets built into their high speed programs ……. who wants to try and compete with that knowledge (and greed) ?

Morning Friends

Winedoc

PS:  Kitco “sold out”  🙂

Looks like the scum are serious today…Dow is up 300 pts….for no reason I can see.

https://www.zerohedge.com/news/2019-08-28/chinese-troops-and-armored-trucks-enter-hk-under-pretext-planned-garrison-rotation

Gold pops to 1550, naturally…….then someone aka the scum come in and smash it back, bid the SM thru stops, Dow called 200 higher !!!! and push rates up, as if that was a perfectly normal reaction to the above news.!!!!!!!

Climbing the continental divide.
https://railpictures.net/photo/707547/