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

Gold Train

Posted by Maya @ 23:56 on February 9, 2020  

rrflasher-copy

After Amtrak took over, the Rio Grande Zephyr
became the Ski Train in winter.
https://railpictures.net/photo/720655/

 

Buygold

Posted by goldielocks @ 23:28 on February 9, 2020  

Left has no competent contender. Look at their policy’s and have no grip on the constitution. They’re just pandering to others that have no basic grip on the constitution. Like that one voter who wanted to take back his vote when he found Pete was a homosexual. They don’t even know who are what they’re voting. Are they really for open borders even with the problems we already have from it?
I think they’re voting on the process of elimination. The least worst of the bunch as it’s all they have.
I think Pete is getting advice from the swamp. He’s trying to talk like Obama I’m your friend.
Just pandering.

On the slightest pretext….backed by a wall of CB/FED money…nice short squeeze setting up…bonds are red, slightly-it was fun while it lasted.

Posted by Richard640 @ 21:37 on February 9, 2020  

Futures Erase 0.7% Drop After Reuters Reports Foxconn Will Restart Some Production Monday

Futures rebounded on Sunday night after a Reuters report Foxconn had received Chinese government approval to resume production at a key plant in the northern China city of Zhengzhou, where half of the world’s iPhones are made

Ipso, Goldie, R640

Posted by Buygold @ 20:23 on February 9, 2020  

Ipso – HA! Old Joe needs to be put out to pasture. That old horse is ready for the glue factory.

Goldie – Joe may have thought he had it sewn up but he was the only one. Mayor Pete looks like the frontrunner to me, Bernie has his supporters but when you listen the Bern, he’s pretty negative. I don’t see it. With Mayor Pete, I’m not sure the country is ready for a married gay man in the white house. How would that go over with the Saudi’s or many other places in the world?

R640 – Should be OK but always have to beware of the lurking PPT and their stick saves. Gold ain’t up much and that might be a clue.

Buygold

Posted by goldielocks @ 19:51 on February 9, 2020  

Biden thinks he has this in his pocket and doesn’t even have to try. He doesn’t even have a clue. Just makes excuses like they do. The swamp doesn’t seem to want Bernie either.
I can bet Bernie was ahead and why the hold up.
Hopefully this young woman was a delegate.

Buygold @ 19:15

Posted by ipso facto @ 19:30 on February 9, 2020  

LOL Ole Joe sure has a way with words doesn’t he! Yer done Joe … you belong at home sittin in a rocking chair.

Buygold–thanks for that…I think the main thing-for me–on Friday was the fact that

Posted by Richard640 @ 19:19 on February 9, 2020  

the market was down so much on a great jobs report…I mean…this market has rallied on any ole pretext…so that told me that maybe all the good news was in the mkt and the mkt was ready for a 10 or 20 percenter to the down side…the much prayed for by the bulls “healthy correction” so that they could rush in and scoop up the bargains…

another factor was the V bounce back up to the new ATHs setting up a classic bull trap false upside break out

Gotta love Joe Biden – perfect representative of the Demonrat party

Posted by Buygold @ 19:15 on February 9, 2020  

Biden Calls Woman ‘Lying Dog-Faced Pony Soldier’

Was she fat too?

Gold’s-a-poppin…nothing big yet but nice to see…

Posted by Richard640 @ 19:12 on February 9, 2020  

https://futures.tradingcharts.com/marketquotes/GC_.html

 

https://futures.tradingcharts.com/marketquotes/ZN.html

Treasuries  are green…all the ducks lining up…too early to be sure but it looks like all systems go…

****************************************************

[GIGGLE!!]

Expect “Cascading Global Impact” As Coronavirus Causes Massive Manufacturing Disruptions Worldwide

The workshop of the world is closed

Greg Mannarino…. Worth a listen IMO

Posted by silverngold @ 19:10 on February 9, 2020  

R640 -yeah, should be good for your VXX calls. Gold up a measly $3.60 – snooze

Posted by Buygold @ 19:07 on February 9, 2020  
S&P -14.00  /  -0.42%
Level 3,311.50
Fair Value 3,326.83
Difference -15.33
Data as of 6:43pm ET
Nasdaq -51.50  /  -0.55%
Level 9,358.00
Fair Value 9,408.77
Difference -50.77
Data as of 6:43pm ET
Dow -117.00  /  -0.40%
Level 28,927.00

Buygold-I agree 100%–there is so much to sell besides gold to “get liquid”–as I said before

Posted by Richard640 @ 19:06 on February 9, 2020  

Selling gold shares in a crisis/crash is like farantically calling ones insurance company to cancel ones fire insuranceas he/she sees a wall of flames sweeping down the canyon directly at your home…gold as a hedge/insurance in ones portfolio is the main piotch, isn’t it?

Buygold-6:56-I just checked Bloomberg again…looks like stocks are a goner to the downside

Posted by Richard640 @ 19:01 on February 9, 2020  

The fact that they came in the 1st few minutes and turned futures green for 15 minutes was my ideal set-up–Shanghai and Hong Kong futures are called down over one percent and that could be much worse by sessions end…cajones crossed…

Hook, R640

Posted by Buygold @ 18:40 on February 9, 2020  

I have no clue what happens next, all I know is that the SM doesn’t go down and pm’s don’t really go up.

PM’s generally are flat, even if the SM goes down.

As far as the pm shares, well, it’s a crapshoot, I don’t buy at this point that they are a great source of liquidity which is what I hear you saying Captain. Maybe when the HUI was 600 and NEM was $80. But now, with these depressed prices?

Don’t buy it – manipulation yes, liquidity? nah. Not enough buying interest for liquidity to matter. IMHO.

Buygold–Yours is the preferred scenario…Dow futures just opened down 25-30…then the NY FED desk came in

Posted by Richard640 @ 18:14 on February 9, 2020  

and started buying…actually I’d prefer futures to bravely open green then possibly roll over later..we gotta see how Asia does tonight..you make a great point about Asian money flooding in here…only question is would they buy mainly bonds…Asian investors aren’t stoopid…and would be seeking a safe haven…maybe noy a historically high, over valued stock mkt…i’ll be interested in seeing how bonds open tonight

Buygold

Posted by Captain Hook @ 18:07 on February 9, 2020  

You said, “Let’s get real. The Chinese markets might crater, the world stock markets might crater, but that money has to go somewhere right?”

Nope. In the first place you are referring to market value, not money.

Second: The majority of that goes to ‘money heaven’ (this is just the commonly used phrase but is a misnomer) in a crash.

It’s not a zero sum game.

Not to be a knit picker, but that understanding is important.

This is why PM stocks can go down in the initial stages of a crash.

Cheers

Re Coronavirus, Todays Paper Here Says…

Posted by Mr.Copper @ 16:52 on February 9, 2020  

quote:

“While coronavirus is generating headlines, health experts say the flu has been much more deadly this season, with 22 million people infected, 210,000 hospitalized and 12,000 killed in the United States since October, according to estimates by the U.S. Centers for Disease Control and Prevention on Friday. Those figures compare with 12 confirmed cases across the country for coronavirus, according to the World Health Organization.”

Comment: SINCE OCTOBER!!!??? The story is more about Chines Restaurants losing some business.

https://www.newsday.com/business/coronavirus-business-long-island-1.41584258

R640 – No worries

Posted by Buygold @ 16:52 on February 9, 2020  

Let’s get real. The Chinese markets might crater, the world stock markets might crater, but that money has to go somewhere right?

It will come here to the most stable markets in the world, hence the US markets will rise. Some of the dumb money will run to the Crimex thinking Gold will rise and buy some long futures, hence gold will either go down or go nowhere. Maybe they’ll buy GLD and get fleeced by the options players.

The USD will go up because every other currency on the planet is worse garbage than we have. Money will flood into the bond markets because US government debt is sooo safe, hence rates will decline causing the US stock market to rise even further.

The PPT will watch all this happen and with any hint of major selling coming into the stock market, they will offset by buying futures and/or recruiting foreign entities to buy US stocks.

This is one big shell game which isn’t going to change anytime soon. I thought this year might be different but with infinite prining and resources, this can go on well past my lifetime.

Treefrog

Posted by goldielocks @ 15:51 on February 9, 2020  

Thanks for sharing the pictures.
See what looks like river beds but no water. Bet you can still find arrow heads around on that side. Walking with my younger brother as a teen keeping a eye on him because of the cliffs he found one.

Max gloom n doom…LOL…got gold?

Posted by Richard640 @ 14:14 on February 9, 2020  
China as we know it is finished.  Game theory says survival mode–Chinese markets won’t even be open by May.  
I’ll tell you all right now and without a moment’s hesitation, china will NOT be opening foxconn or any other high tech manufacturing facility.  The wuflu is airborne, and therefore spread  through ventilation systems, which are crucial to tech manufacturing, lest dust fall all over the highly sensitive surfaces.  It won’t reopen for months, if ever.
Any other report is just market jawboning…nothing more.  
China as we know it is finished.  Game theory says survival mode.  Which will entail desperate attempts.  The Chinese markets won’t even be open by may.  
Pray we stop it here in the states.  But a massive economic dislocation is unavoidable.  The algos will figure that out this week.  
Let the scvincter clinching commence.  

FYI

Posted by Richard640 @ 14:03 on February 9, 2020  
39 minutes ago
China is hiding numbers, but certainly the CDC and WHO are, too. All government’s will keep their citizens/sheep in the dark to avoid panic. If the CDC thought it was likely that 1000s or 10,000s of Americans will die of this would they tell us? Would they say, “shit guys, 1000s of you will die.” You have to be kidding me if you think they would say that.
News flash, all govts will lie and cost lives. When it comes to public health, it’s not about being honest, it’s about saving lives (or better, what *they think* will save lives) and cause less economic harm.
Bottom line, you are being lied to by govts, and will continue to be lied to, BIG surprise.

Richard

Posted by goldielocks @ 14:00 on February 9, 2020  

I like that guy and quoted Trump on fake news.
He was linked to the article I posted a while back in Corona virus vaccine they were working on. It suppressed , messed up their immune system.
I’d be interested to know how many especially the first patients were vaccinated prior to the outbreak. Not that I’m accusing but just wondering,

This is more like it…they don’t quarantine 400 million people for 800 deaths

Posted by Richard640 @ 13:39 on February 9, 2020  

Exiled Chinese Billionaire Claims 1.5 Million Infected With Coronavirus, 50,000 Dead

nvestors also reacted negatively to the U.S. Federal Reserve saying the virus posed a threat to global markets.

Posted by Richard640 @ 13:33 on February 9, 2020  

(Bloomberg) -2-9-20— Saudi Arabia’s main stock index dropped for a third day, finishing below a mark it has held since December, as the coronavirus reduces demand for oil.

The Tadawul index fell 1.3%, the most among major gauges in the Middle East and below its 100-day moving average for the first time this year. State oil producer Saudi Aramco retreated as much as 1.8% during the session, but recovered near the close to finish higher.

Banking and materials stocks pressured the gauge after oil declined for a fifth straight week last week, with Russia yet to back Saudi Arabian calls for OPEC+ to cut production. Investors also reacted negatively to the U.S. Federal Reserve saying the virus posed a threat to global markets.

“Aramco has direct implications with Chinese oil demand, both in price and volume terms,” said Vrajesh Bhandari, the senior portfolio manager at Al Mal Capital in Dubai.

The shares have still performed well relative to crude prices, he said. While Brent has slumped 17% this year, Aramco is down 3.4%.

Richard

Posted by goldielocks @ 13:10 on February 9, 2020  

Also common sense should say to stay away from hospitals during a epidemic less you have to go, it’s even wise to not schedule checkups or delay them if a flu is going around less you have to them bring a mask.
No use to panic over it. It won’t help focus. That’s why they need to find more ways to TREAT the flu not just focus on vaccines. THAT INCLUDE fast tests that are accurate cuz current tests can result in false negatives.

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