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

Personally, I would have just gone with Chelsea

Ya all they need do is confirm what they have already said, that a pause and look is in order and that might be enough to get the die hard paper holders to puke their positions.

Samb might be right too if the speculative trends have reversed. Today was the first day in months we saw a change.

Gotta follow the ratios to be sure. After years of getting pumped in the butt by these guys I don’t take unnecessary chances anymore.

Cheers all

The Hui has been leading $Gold since this prior ICL of late May. That trend now seems to be continuing. If the weekly Hui signals can hold thru Friday’s close then that’s good enough for me and I’m all in with a 3x. I’m ok with the gold signals lagging a bit given the trend now.  No forecast is 100%,  but, this call is solid, imho. Nothing at all wrong with waiting for better confirmation but, I’ve seen enough personally to just go ahead with it now.

You might be right, but it all sounds too complicated to me. Longer term, or main direction, my guess is TPTB have the US Dollar too high for too long, versus the other currencies, and they’ll probably abruptly drop it back down.

In my opinion they manually adjusted Dopey/Dollar straight up in six months, 80 to 100 during 2014, that’s a long time ago.  Add to that Gold has been climbing along with a strong 100 Dollar. They must feel screwed. They KNOW they have to push the Dollar lower to help the USA, but I’m sure they don’t want Gold higher, they are boxed in.

When the dollar was at 120, in ’01 Gold was $250/oz, Silver I think $4, copper .46 cents, heating oil .42 cents etc etc.

The Dollar was at 75 in 2012 with Gold at $1800, Look for yourself. As far as I’m concerned 9/11/01 was a huge sucker punch, throwing their whole system since 1945 “off stride”. That 2008 crash was actually a manually delayed crash that was supposed to happen after 9/11.

https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m1

USD 2012 Low 75  https://finviz.com/futures_charts.ashx?t=DX&p=m1

Gold 2012 high $1800 https://finviz.com/futures_charts.ashx?t=GC&p=m1

samb – hope you’re right about the HUI. It has some serious resistance up around 230-235 where it’s failed several times. Would love to see that broken before gold breaks back above $1500 again, might indicate shares are about to lead.

Captain Hook – With you on the Fed sounding somewhat hawkish, unless we continue to see some selling in the SM. Can’t believe it’s almost time to hear from those shitbirds again.

canadian silver miner gets a nice pop.   licensing/permits news

Unfortunately that indicator doesn’t mean anything anymore. The reason the miners are outperforming is because the ETF speculators are more bearish here than on the bullion. This is understandable with stocks on Pluto, liquidity in question, etc. So unless the gambling knuckle-heads keep pressing their bearish bets on PM shares via ETF options, the relative strength won’t last.

Impossible to predict with the idiots we are dealing with here, but not likely.

I would be very surprised if they were not call buyers today with Trump spouting off on China. Looks like they are setting up for a short squeeze in the broads going into year end. The entire purpose of Trumps comments were to get the idiot hedgies to buy puts on the broads and calls on the PMs.

Then like magic, after the Fed meeting next week, where a ‘hawkish Powell’ brings in some selling, Trump signals the China deal is back on and stocks get squeezed into year end and PMs sold (due to the hawkish Fed causing futures speculators to dump their long positions).

Now if I could only pick lottery numbers.

Chuckle

Gold is lower in the past three months $1560 to $1483 today, but my account balance is at the same hight today as it was with Gold at $1560 early Sept.

RUA,RUI,SOX,SPX,UTY

Smith was let down by a UK socialist PM. name of Harold Wilson……UK ended up going to IMF for a bail out, after devaluing sterling many times, we were basket case, after Wilson had run the joint.

It turned out that Wilson was tipping off his mate, who ran a Commodity brokerage/trading house, with an office in Switzerland, whenever Sterling was going to be devalued. The Swiss office would come in a buy hell out of copper, which traded in Sterling and then dump it all after the devaluation….Wilson retired a multi millionaire and he made his mate a Lord…..

I just bought a little GASL. It appears to be making a doji on the daily and the hourly moving averages have crossed over. Maybe we can scale up on a good rally. Halliburton has layed off 800 people today and closed a large yard here.

rno

FWIW but not surprised here!!

Whose son was virtually the last British soldier killed in Rhodesia , within hours of the final extraction of British troops in the early 80’s . His only son ! Tragic – and for what ? My colleague was never the same afterward .

Mny tks for update.

Gold, not yet but, if the HUI buy signal can hold as is or even more till Fridays close then I’m in with 3x. Of course I am using weekly signals so anything can happen in the next 3 days. Even with $Gold signals  lagging Hui this is a good enough signal for me. Strange ICL bottom in that there was no real panic selloff but, that could reflect upon just how strong this gold market has become and imo will continue to be.

                       when it was run by Ian Smith they exported food !  Those communists have a way of trashing production dont they…?

Sacre Bleu! 🙂

Which must amount to hundreds of dollars each year :
Truffles de Périgord , and Lavender de Aix en Provençe !

interview with Eric Sprott on re-instating “up-tick rule” to stop predatory short sellers.

Interesting that the rule was eliminated in 2012 – coinciding with the demise of the Junior Miners.

Stock Message Board & Forum | Stockhouse

GENEVA (Reuters) – The United Nations said on Tuesday it was procuring food assistance for 4.1 million Zimbabweans, a quarter of the population in a country where shortages are being exacerbated by runaway inflation and climate-induced drought.

Zimbabwe, once the breadbasket of southern Africa, is experiencing its worst economic crisis in a decade, marked by soaring inflation and shortages of food, fuel, medicines and electricity.

“We are very much concerned as the situation continues to deteriorate,” Eddie Rowe, World Food Program (WFP) country director, speaking from Harare, told a Geneva news briefing.

“We believe if we do not reach out and assist these people then the situation would blow up into a major crisis,” he said.

https://www.reuters.com/article/us-zimbabwe-food-un/u-n-to-deliver-food-aid-to-4-1-million-in-zimbabwe-fears-major-crisis-idUSKBN1Y716G

🙂

Endeavour bids £1.5bn for Centamin in gold dealmaking wave

Endeavour Mining has refused to rule out a higher bid for rival African gold producer Centamin but said it would only consider improving its offer if it can hold friendly discussions. The Canadian company went public with a £1.5bn all-stock offer on Tuesday after Centamin refused to engage in talks about a deal that would create a powerful new mid-tier gold company. London-listed Centamin swiftly rejected the offer, saying it was skewed in favour of Endeavour shareholders and did not “adequately reflect” the contribution it would bring to a merged entity.

https://finance.yahoo.com/m/6cd03dce-03f3-3671-8fef-6a8951b11aec/endeavour-bids-%C2%A31.5bn-for.html