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

I suppose silver will take another $20 hit just like Osama 2011 Mayday. That will put us at -$2.

Posted by macroman3 @ 23:45 on January 2, 2020  

Just like negative interest rates that are all the rage.

Macroman … if you can’t post without insulting people then don’t post.

Posted by macroman3 @ 23:27 on January 2, 2020  

ipso

Maddog

Posted by ipso facto @ 23:15 on January 2, 2020  

I’m just hoping it doesn’t result in an escalation, but it likely will. There’s a lot of Americans and other allies who can be targets.

If the US didn’t want a wider war then we shouldn’t have done this. IMO

Ipsofacto

Posted by Maddog @ 23:00 on January 2, 2020  

Iran has been cruising for retaliation for a while, this move will have all those Mullah’s thinking very hard, about whether their name is on the next Hell Fire…..I saw one comment that Israel had this guy in the cross hairs at least 4 times and Obummer stopped them…now I see this….

https://www.breitbart.com/national-security/2020/01/02/ben-rhodes-death-of-irans-soleimani-a-really-frightening-moment/

Apparently Khamenei taunted Trump, by saying “You can’t do anything”, after the Embassy attack…..13 hours later the Donald replied.

@Froggy, re Oil

Posted by Mr.Copper @ 22:37 on January 2, 2020  

Interesting. I just looked. All big jumps. I should fill my 1000 gal heating oil tank.

crude oil

Posted by treefrog @ 22:16 on January 2, 2020  

got a hellova spike.  i expect that’s from jitters about those two iranian bigshots getting wasted in iraq.

Gold $1542 Tonight.

Posted by Mr.Copper @ 22:11 on January 2, 2020  

I think gold is underprice regarding the four other metals. If on average prices up plus or minus in many cases a factor of 20. A millionaire from the 1970s needs $20 million today.

So Silver at $1 back in the day, $20 makes sense today. Gold was trading at $140/oz. times 20 is $2800 today. So to me? Gold has the best potential. Pretty much all the metals are under priced, AG Plat, Pall even CU and aluminum.

If Gold went to $2800, Silver naturally could double, or more.

https://finviz.com/futures_charts.ashx?t=METALS&p=d1

Iran’s Top Military Commander, Qasem Suleimani, Assassinated In US Airstrike

Posted by ipso facto @ 21:08 on January 2, 2020  

https://www.zerohedge.com/geopolitical/rocket-attack-shuts-down-baghdad-airport-after-joint-us-iraqi-base-targeted

Heating up … I hope this report is not true

Posted by ipso facto @ 21:01 on January 2, 2020  

UN hiring “disarmament officers” to conduct “field missions” in New York as UN occupation plan for America goes LIVE

Posted by silverngold @ 20:24 on January 2, 2020  

Complete story and videos on Natural News. Looks like they are really trying to escalate the speed and depth of gun confiscation in America. Time to wake up people!

https://www.naturalnews.com/2020-01-02-un-hiring-disarmament-officers-field-missions-new-york-un-occupation-of-america.html

Hey treefrog

Posted by Buygold @ 17:22 on January 2, 2020  

let’s hope we never have to look back and see $18 again!

I remember selling some silver back in 2011 @ $37 thinking I sold too cheap, now I’m just hoping we get back there.

Nice thing is, I’m no longer hearing or seeing anymore articles for $100 silver “in the next 18 months” – I’m also not hearing anyone other than the broken record Jim Rickards calling for $10K gold.

Seems like there’s no interest. I guess a decade of beatings will do that to a sector.

 

Corn futures

Posted by redneckokie1 @ 16:48 on January 2, 2020  

Somebody came in late and bought heavily in the at the money call options on March corn. Looks like the Chinese announcement is coming soon.

rno

buygold, $18.01

Posted by treefrog @ 16:19 on January 2, 2020  

the first closing price of the year.  that makes it the ytd record low (so far).  wouldn’t it be nice if it stays that way.

 

(actually, silver won’t close until 5 p.m. east coast time, but it’s holding above $18.  even rising a little)

 

alas, in the last minute the scum drove it down to $17.98260  –  disgusting, but not surprising.

 

I know everyone here can relate

Posted by Buygold @ 15:58 on January 2, 2020  

I remember just a short time ago (like a couple months) the last hour of pretty much every day sucked.

Not so much today. No crazy upside, but not getting weaker either.

I’ll take it…maybe I’m just getting too optimistic in my old age.

20841104_521248104933546_6736735165141995132_n

Edit: Netdania – Silver closes at $18.01…..Can’t be!!!

Hey Mr. Copper

Posted by Buygold @ 15:44 on January 2, 2020  

“And whats with the middle East? The ongoing and forever news out of there is getting obnoxiously boring and tedious. Those people over there obviously don’t want to, and can’t be modernized, I guess like the Amish in the USA.”

Well, I sure agree with your sentiments on this statement. We shouldn’t be there, if we need oil, we ought to buy it from Russia. None of it makes sense. It never has.

As far as pensions, sometimes I wonder if it’s all just an illusion. The banksters can print enough to cover whatever is needed, really without consequence. As long as they have the paper markets to keep commodities under control without showing an inflation scare, I really don’t see why money can’t be printed endlessly. Seriously, it’s never going to be repaid, anyone with half a brain knows that. 🙂

Everything is a mirage… 🙂

Buygold, re Nothing Seems Right, The Whole System Is Like A Rube Goldberg Machine :)

Posted by Mr.Copper @ 15:22 on January 2, 2020  

Around here we have tax absorber pensions far bigger than tax payer pensions, even when the tax payer jobs pay more than the tax absorber jobs. Plus free medical with no supplement ins needed for tax absorbers.

And whats with the middle East? The ongoing and forever news out of there is getting obnoxiously boring and tedious. Those people over there obviously don’t want to, and can’t be modernized, I guess like the Amish in the USA.

Russell 2000

Posted by Buygold @ 15:07 on January 2, 2020  

Having its’ worst day in a month with the DOW, S&P, and Nasdaq on fire.

That doesn’t smell right.

AAPL’s market cap is $1.3 Trillion – now larger than the entire energy sector.

That doesn’t seem right.

Really sorry I missed the AAPL and Nasdaq train for sure, but won’t be sorry when I miss the inevitable correction ala 2001

No More North American Palladium aka PALDF is now part of IMPUY

Posted by Mr.Copper @ 14:01 on January 2, 2020  

part: (Reuters) – South Africa’s Impala Platinum Holdings Ltd (Implats) (IMPJ.J) said on Monday it would buy Canada-based North American Palladium Ltd PDL.TO for about C$1 billion ($751.77 million), marking the miner’s first purchase outside of Africa.

https://www.reuters.com/article/us-north-american-palladium-m-a-impala-p/south-africas-impala-to-buy-north-american-palladium-for-about-750-million-idUSKBN1WM1PL

Platinum Palladium related:

SBGL, PLG, IMPUY, ANGPY,

silverngold @ 11:04

Posted by ipso facto @ 13:19 on January 2, 2020  

No special reason to pick $1800. Would be fine with me if we get there or above. What is gold really worth? Who knows with the cretins constantly hammering it lower! Let’s hope we get there without the smell of smoke in the air.

Cheers to you!

balanced on a knife edge

Posted by treefrog @ 13:15 on January 2, 2020  

the scum really don’t want to see silver at, or above eighteen bucks.

BUT

there seem to be forces in the market that don’t want to see it much below seventeen ninety nine, give or take.

send in the picadores.

Picked up some Alexco on the dip

Posted by Buygold @ 13:01 on January 2, 2020  

AXU has sort of stalled a bit for the last week or so.

I figure my upside is $2.80, downside is $2-2.10 – picked it up @ $2.25

Good to see the metals haven’t completely rolled over today despite the USD and SM strength

We’ll see what happens.

 

Morning Maddog

Posted by Buygold @ 12:28 on January 2, 2020  

Yep. They’re getting us today on the 2nd attempt barring some unforeseen dip buying that arrives later on in the day. Looked like the USD was going to rollover for awhile, but it came back with a vengeance.

Silver is trying to hold $18, but man you’re right about the scum not wanting it there for sure.

Buygold….You’re probably right.

Posted by silverngold @ 12:11 on January 2, 2020  

This would most likely be a 50% currency reset that would value gold at 3600+. The SHTF move would be your ~$10,000.

Buygold

Posted by Maddog @ 11:57 on January 2, 2020  

Re 2nd attack…this time they have bid the SM and Dollar as well…they really do not want silver over 18..this is getting insane.

When u have mkt genii like Paul Tudor Jones and Ray Dalio watching and getting messed around then serious questions will be asked about the whole Fed/scum game.

Attack attempt #2

Posted by Buygold @ 11:44 on January 2, 2020  

Can we keep em’ at bay?

Silverngold $1800 x’s 2 sounds good to me. I’m not sure that would be enough for the SHTF

$10K gold OTOH…. 🙂

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.