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

silver and gold, eighteen and fifteen

gotta love it !!!

INTERESTING TO NOTE THAT THE DEMOCRATS DRAW BIGGER CROWDS AT THEIR FUNERALS THAN AT THEIR RALLIES.

Subprime Auto Loans Blow Up, 60-Day Delinquencies Shoot Past Financial Crisis Peak

Problem to be in pm’s have remained for a long time, but fundamentals and bullish charts have been largely worthless when it comes to predicting bullish moves. I’ve been in for so long now, I’m not sure I believe there’s really any event or fundamental reason for them to go higher, although the move from $1200 to $1500 came out of the blue – then stopped. The shares OTOH, are an investors worst nightmare, they don’t follow gold or silver, we’re looking at ridiculously low share prices going back as far as where they were in 2006. They are a comedy show, like owning a sinking sail boat.

Anyhoo – here’s your always downside predictive COT Report:

https://cftc.gov/dea/futures/deacmxlf.htm

re the DoJ

It looks like the Donald is playing a blinder, there….he has sat back let them build the case and now will club the Dems stupid in the run up to the election, as one by one they get hammered.

In the PM’s so far they have bought a small victory tdy, the weekly action look good….

None of the problems are solved and all the reasons to be long PM’s remain…

We did get a bit of potentially good news on our side of the pond today though.

We actually have a Trump (DOJ) appointed prosecutor going after the corrupt Obama alphabet agencies in a big way – at least that’s the hope.

It’s about time some of these corrupt scum like Clapper, Brennan, Comey, Lynch and a slew of others pay the price for using their positions and agencies to mount a coup against a duly elected president.

Just hope it’s for real and some of these scumbags go to jail. It’s long past time for the Demonrats.

As far as pm’s go, this is about as depressing as it gets but par for the course. As long as they can push a button on a computer and fix things with extra zero’s it’s never going to end.

it was stuck in a range of 2.50 to 2.90 for a couple weeks.  i was having a ball buying @ 2.60 and selling @ 2,80 – clipping twenty cents out of the middle of the swing (7.7%).  for a while there, it was cycling every couple days.

oh, well, it was fun while it lasted.  lets see if it gets rangebound again a little higher.

just like the Captain said the scum would manage.

Good call.

the. surprise.  stock mkt. rally–in spite of. amazon–shows.  confidence.  in. the financial system–hence. no.  need. for safe haven gold

1) allow the connected to ‘fleece the sheep’ for profit.
2) BONUS – discourage newcomers that buy high and get spanked.

they are in control… until one day they are not.
IMO that day is coming. the political situation in the USA is not like before – we have a serious divide in this country like never before.

I’m thinking we’ll be lucky to even hold $1500 on the week.

Once again the shares prove prophetic as to the direction of the metals and the COT’s actually have predictive value when it comes to downside direction in the metals – or in this case sort of flat for now.

Another disappointing Friday. Geez.

and always. watching…how does gold every have its.  occasional. rallies…and brother, I just. don’t. know. the. answer…so. your. scenario. is. very. probable…

Yup…central planners must stay ahead of the deflation threat increasingly, and right now they can still suppress PM’s with derivatives (to give the false impression everything is just fine)…so they will (no matter if it makes sense or not with all the money printing).

I don’t know how it ends, but they will not disrupt ‘the system’ voluntarily I can tell you that much.

Silver could give them a bit of trouble here because they are focusing on keeping gold contained, but I would not expect to see a sustainable move higher in the sector until the knucklehead Comex speculators (hedge funds) throw in the towel on gold.

Cheers

Hope you’re wrong, but DEFINTELY see your point.

Shares, especially the HUI but also some weaker juniors, just not performing as they should and now beginning their normal slow drift down after the first hour.

So frustrating that we have to deal with such abnormal manipulative conditions while watching the SM – today especially the Nasdaq – march higher when it should be getting crushed on the AMZN earnings. I still remember 2001 and what it would have been like if AMZN had posted earnings like that.

Third-Party Run? Tulsi Gabbard Says She Won’t Seek Re-election To Congress

https://www.zerohedge.com/political/tulsi-gabbard-says-she-wont-seek-re-election-congress-2020

Hate to disagree but I would be careful here.

The bankers want stocks up no matter what. Check

They want the perception of controlled / targeted inflation that serves the purpose of promoting mindless consumption. Check

But they don’t want the public alarmed it’s out of control. Check — the public is brain dead.

So PM’s must be contained using derivatives. Check

Thus, expect PM’s to decline again until COT structure is more favorable.

JMHO

Next upward leg in Silver has likely begun $SIL $SLV $SI_F #SILVER pic.twitter.com/ieBBmwdCku

— Peter Brandt (@PeterLBrandt) October 25, 2019

PAAS is acting OK…like it should…but the General is being sat on, as per…..it’s still like pulling teeth.

As for Arrests….I have to say if the Donald is timing all this to coincide withe the elections, then it is nigh on perfect, as the Dems will be too busy trying to stay out of jail, or visiting their mates in jail, to campaign…

He may yet get re-elected and not have to spend a dime, all the news will be free on the MSM, as they cover the trials !!!!!!

Europe is Losing 1,000 Farms Per Day & Climate Change Regulations May lead to Starvation

https://finance.yahoo.com/news/yamana-gold-reports-third-quarter-204005634.html

The DOJ’s Russiagate Probe Just Turned Into A Criminal Investigation

The move will allow prosecutor John H Durham the power to subpoena documents and witnesses, to impanel a grand jury, and to file criminal charges.

Ipso – I certainly hope so. We just haven’t seen that yet in this move from $1200 to $1500, but hopefully it’s a comin’

R6 – I do remember you posting that. Hoping you’re on the mark.

5% sounds super to me. When we really get going in the PM shares I think it will blow everyone’s socks off! 🙂

October. 23 post=THERE ARE TOO. MANY VERY GOOD LOOKING H&S. FORMATIONS IN THE PM ETFS AND STOCKS

What. everyone knows. and sees isn’t worth knowing…after. 3. months of.  correction gold. is. still. hanging round. the 1500 level…with. no. print. below 1450.  or 1400…not. to.  mention. 1350. retest…I am. getting. back to. being. bullish…

H&S. tops are. just. “hooks”. to keep the bulls.  on the sidelines