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

Q: What about the biggest silver hoarder of all, JPMorgan?

A: Yes, they have recently become aggressive again and are the leader in taking delivery from the COMEX. They have around 850 million ounces of physical silver which is the equivalent of all the silver mined worldwide in one year. Between the ETFs and JPMorgan, they own most of the silver in the world.

Q: Is JPM the whole story in silver?

A: Yes, they are in complete control.

Q: Any chance they might use all that physical silver to hold down the price?

A: JPM holds enough physical silver to stave off any physical shortage for years, but the compelling question is why would they? They are already billions of dollars ahead on their physical gold and silver holdings after being in the red until this year. And they stand to make many tens of billions more by holding it and not supplying physical silver to the market.

Q: I wish more people could see the opportunity that JPMorgan sees in holding silver for the long term.

A: This business about JPMorgan buying up more physical silver (and gold) than ever seen in history is not known to most people. JPMorgan has been buying massive amounts of physical silver for eight years now. As the kingpin of the silver and gold markets, JPMorgan is now positioned to make an absolute fortune on higher prices. Your readers should do the same thing that JPMorgan is doing. They would also have a chance to make a fortune.

http://silverseek.com/commentary/jim-cook-interviews-ted-butler-case-silver-price-explosion-has-never-been-stronger-17753

Recession Looming with Unemployment So Low?

How could a recession be on the horizon with the U.S. unemployment rate (3.7%) at a 50 year low?

What most people don’t realize is thatthe unemployment rate is a lagging economic indicator–and not a leading indicator like the yield curve.

As the chart to the right shows, the unemployment rate has always been near its trough when recessions start–and near their peak when recessions end.

In short, just like I don’t use laggingindicators to time real estate markets, you can’t forecast economic turning points using lagging economic indicators either

just messin’  with you guys ,dont be so glum ….Its a BULL market ya KNOW !  the can stop it for a day ,but they cant hold back the tide !

How long did it take you to find CHNR as a winner? 56K shares traded.

C’mon man!! Plug in MUX and GPL then give the day a full review.

Who the hell owns CHNR? Geesh

Never ceases to amaze just how bad they beat the shit out of the shares.

could be –

i like the way you think, but i’ll feel better when i see it in the rear-view mirror.

rockin’ and rollin’ and blowin’ the hinges off the doors!

Interesting that the AA Bulls are finally back over bears while I’m at a record high and the markets, other than the RUT, are just below their record highs.

II Bullz 50.0 Bearz 17.9

I’d classify II as “mildly bullish” and well past the fat pitch levels the other charts I have indicate but probably still plenty of room to run.

Here is one of the charts from : Investor Sentiment Charts for September 11, 2019

TD is only “mildly bullish” also.

dont get 2 excited we are very overbot and opex is next wk

trader talk gave a sell signal today….zero shorts

today we will find out if www saw the high close for a decline into opex eh…..thur always a confirmation day

[sorry, I don’t know what www. is…do you?]

buy like trump he'[s. up against. the swamp…

ABSOLUTELY LOVING THE CLOSE!! DOW UP 46

gold trying to. have a pulse but it will be up. and screaming by morning

BUY. THE RUMOR AND SELL THE NEWS!! CLASSIC!!

a. triple top fails. then the mkt comes back the. 4 th try usually. succeed–but I am not sure…no question stocks look like they are back in the “no downside mode” like in 2016-17….

But the stock mkt wish list has been granted

tariff/trade war–will be. resolved soon

rates to stay forever low–fed will ease–europe already did today

so. why  ain’t the DOW up 500  pts?…I mean…c’mon…what’s 500 DOW points in the great scheme of things? A mere bagatelle…the trannies are down 37…

Anyway–everybody take. all my blah-blah-blah b.s. with a. grain of salt…I’m just trying to keep myself busy and I tend. towards the. melodramatic…

Hearken! What’s this? the. DOW’s up 64 pts…6. minutes left…where’s the raz-a-mataz finish???

Tomorrows Friday the 13th…gulp!

A triple top pattern and the Dow chart.
Meaning it can’t surpass last high three times which it breached but now

if it can’t breach last high we might have something else.. BUT NOT CONFIRMED until it breaches support. It’s wise to put percentage stop losses anyways.

Bund rates shot up today….it was caught the same as all rate mkts……so I don’t see any Bund buying versus Treasury selling…….. the losses on Bond desks today are going to be horrible.

hui getting beat down going into the close.  🙁

A person who works for a vape store told me that the illnesses are caused by street cartilages of tobacco vape but mostly THC isn’t coming from licensed stores. They sell it cheaper so people buy them instead and that’s are they are getting sick. I can’t verify if all the cases but they just found a black market with all the vita E in them which they suspect the culprit. Plus the THC more potent and labeled as candy flavor.

You know that I’m no t/a guru but with regard to the triple top in the DOW, isn’t it true that triple tops rarely hold according to Saville? Meaning the DOW should explode to new high? Just asking…?

The way rates keep climbing we are damn lucky not to be down more but I’m not sure pm’s turn this week, today seemed like a good opportunity and yet….

Are they seriously selling US Treasuries and buying German Bunds?

Beam me up Scotty

Dunno what to make of Draghi and the ECB….it may well have been sour grapes against Draghi, that they spoke out…as it is long past time any CB has any hawkish credentials, they are all part of the printing/debt/anything goes experiment.

The ECB is going to be loose for ever, as their system is crap and run by idiots…even mighty Germany will topple, as many people are pissed off with their existing politicians, but will vote Green as a protest vote, as they can’t stomach the AfD….don’t ask…despite the Greens being all mad hippies still.

It seems they will only wake up, when they are living under an overpass and is snowing like hell.

Welcome!

great pussycat is one of my “sleepers.”  when the silver market goes bananas, these obscure miners can be ten baggers.  some of them will be rocket ships.  worth keeping in the basket.

https://in.finance.yahoo.com/world-indices

There comes a time in a traders career. when u just know. a historic turn is unfolding right before. your. eyes…today is. one of them…I  usually. am frozen in place…but I have really pushed myself yesterday. and today to get invested…there are no guarantees…just. risk/reward…again, I repeat, I just can’t see G&S as a liquidating asset under current conditions

But…but…rates are rising…again, let’s go back to early. 1979–gold was 250 and the fed funds rate was 10.5%–by. january 1980 gold topped out at 850 and fed. funds were 14%…

again, let’s repeat the Mantra=

I sure hope you are right as it appears central planners are cornered.

The hot inflation numbers this morning (CPI) were designed to counter Draghi losing his mind. Without that stick save gold would be up $30 right now minimum.

But with the bonds melting down, this illusion of an economy won’t last long.

Certainly if Powell only cuts .25 basis points next week it should get interesting as the $ continues to scream higher.

That’s not how you win a ‘currency war’, which is on like Donkey Kong now if Draghi is to be taken seriously (chuckle).

Cheers

Notes and Bonds are pukeing/stop lossing…This is not a real move on fundamentals etc …but of course the Algo’s can’t think that…so hit PM’s etc.

But why the Dollar is not being bid and the SM sold…only the scum could say, as they should be on riseing rates.