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

Yeah, I fell for the ole’ US – Zimbabwe comparison early on in my gold investing days. We will never be Zimbabwe or even Japan. We’ll probably have a currency devaluation at some point but we’ll be the last ones to do it.

Old Buffett was right about not betting against the US.

Oh well looks like the mission is to close us below the magic numbers today.

Looks like we got the obligatory smackdown in pm’s

Should end any hope for a happy ending to the week.

Anyone have. an. idea why the. dollar. has been down?  I. don’t….yes, gold was up $26. and totally reversed…and gold was. up  7.50. 2 minutes ago–now up 4.20 cause retail sales came out. up .4 v.s. .2 expected…but ex-autos it was zero…no. great. shakes but any ole excuse to hit gold

In Show Of “Goodwill”, Beijing Exempts US Pork, Soybeans From Trade-War Tariffs

Beijing confirmed on Friday that it would indeed encourage state-owned companies to begin “goodwill” purchases of US soybeans, pork and other farm goods…

Ororeef – thanks for the comeback. 🙂

R6 – with regard to Northman, why exactly can’t they do QE to infinity forever? I would argue that it has worked to a degree through gov’t borrowing and spending. It’s all monopoly money, they try to pay the interest on the debt that will never get repaid. Which of course is why Trump is arguing for 0% rates. Unlimited monopoly money at no cost.

So….while yes it has inflated assets that benefit fewer people, and created a greater wealth disparity, it has also helped to create jobs through gov’t. spending. As long as people believe monopoly money has value in exchange for real stuff. The illusion and QE can actually go on forever. JMHO.

Looks like we’re going to try to go higher. I think we tried that yesterday too.

The Wisconsin & Southern, heading home
to the marshes of Horicon.
https://railpictures.net/photo/707830/

Is it JPM wanting control of silver or a someone in our gov using JPM as a holding trust. Bear Sterns to my understanding was the major holder till the 08 crash. Then rumored by gov influence at that time JPM was chosen or made to take over.

What I’m getting at is it JPM who dictates the supply or price or someone else telling them?

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.  🙁