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

“I am a little more bearish than that. I see a Mad Max scenario as inevitable… I try not to think about it because we’ve all got lives to live and kids to raise… When you go back to the calculous of deflation and that every penny of every debt must be paid, if not by the borrower then by the lender, we have already put ourselves into a condition where Social Security is going to fail. Medicare is going to fail. All the ‘just-in-time’ deliveries are going to be in jeopardy. Food from the grocery stores, one day shipping from Amazon, I don’t see how all these thing s can continue to operate in a condition other than in the false prosperity that we have now. We are at the pinnacle of affluence.”

https://www.zerohedge.com/markets/ackerman-i-see-mad-max-scenario-inevitable

Ya the hedgies bought a crap tonne of GLD & SLV calls Friday and the open interest put / call ratios were down pretty good. But with prices down today those morons will be buying puts / selling calls, so tomorrow might be better.

Nothing else matters.

Cheers

Yep. Just the world we live in.

I think I’m going to give this to the end of 2020 before I ride off into the sunset….

and Au is back below 1460 and Ag sub 17.00, wjile Bonds crater and the SM flies into new Hi’s.

This is what I call a bully move, one where the mkts are just rammed by the scum, with volume no limit.

well called Samb and Rno.