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

R640 – Good luck

Posted by Buygold @ 19:56 on March 15, 2020  

I think you’ll be lucky to have any profits by the open tomorrow.

Silver is the clue, up a whopping $.10

Eeos–yes, they could-we’ve seen it many times before

Posted by Richard640 @ 19:24 on March 15, 2020  

7:20–Kitco got its act together showing spot up $28–if that holds at least my quickie $60,000

Posted by Richard640 @ 19:22 on March 15, 2020  

profit should be intact tomorrow

At a point like this paper and phiz could

Posted by eeos @ 19:21 on March 15, 2020  

diverge.

Another tour de force by the great Rick Ackerman=The Morning Line Published Sunday, March 15 at 6:30 p.m. EDT The Market’s Fatal Neurological Disease

Posted by Richard640 @ 19:14 on March 15, 2020  

 

 

It feels odd to be characterizing Friday’s 2000-point rally in the Dow Industrials as “just noise,” but that’s what it was. It’s a safe bet that almost none of the buying was driven by optimism about how pandemic news would play out over the weekend. Who could predict such a thing? Uncertainty reins, and the only thing that seems certain at this point is that the normal flow of life and business in the U.S. and around the world will face more disruptions than anyone could have imagined even a week ago.

We look to the news media to make sense of it all, but those who write about such world-shaking events as have occurred recently often seem as confused as the rest of us. On Friday afternoon, for instance, when the Dow Average closed with its biggest gain ever, most of it achieved in less than an hour, the Wall Street Journal headlined its digital front page with this unintentionally wacky mash-up:  Stocks Soar as Trump Declares National Emergency. Linking these two events sounds preposterous, doesn’t it? The editors must have thought so too, since the headline was quickly changed to: Stocks Rise Sharply as Haywire Week Wraps Up.

A Fatal Disease


Haywire would be an understatement, for it was the craziest, most volatile week in stock-market history. That’s because machines are doing nearly all of the trading these days, and the algorithms that instruct them are programmed to detect and exploit the stock market’s every cough, sneeze, hiccup or belch before any living thing feels even a slight tremor. It was bad enough when short-covering humans with hair-trigger reflexes could cause stocks to soar for little or no reason. But when ten thousand thinking machines are set against each other to accomplish the same thing, except profitably, the predictable reaction is irrationality on an epic scale. The embarrassing thing — for civilization, that is — is that trillions of real dollars change hands when these melt-ups occur. It is plain to see that the markets are riddled with a fatal neurological disease for which there is no possible cure other than getting reset by a bolt of lightning.

R640 – yeah that sucks

Posted by Buygold @ 19:11 on March 15, 2020  

Scum better work hard overnight to get the SM up by morning.

No way can they allow the SM to be down after a big liquidity move like they just did.

OTOH, Gold is acting like an effing pet rock tonight. It should be exploding, but the paper markets dominate.

Disgusting.

Buygold–thanks for keeping me company–spot gold chart-up $15 and change…

Posted by Richard640 @ 19:02 on March 15, 2020  

https://www.kitco.com/charts/livegold.html

This link below shows april gold futures up $32…down from the high of up $47….Kitco real-time spot shows gold up $14.50…in 30 yrs, I’ve never understood this discrepancy…have you? anyone?

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

 

R640 – Glad you showed up, was talking to myself

Posted by Buygold @ 18:37 on March 15, 2020  

so, DOW futures down a little over 1K, I guess the Fed shooting all their bullets at one time scared the markets?

Gold now only up $22 with silver up a measly $.29.

Your shares will tell the story tomorrow as to where the metals are headed.

All this for a bullshit, gov’t manufactured crisis. We live in the matrix.

Bye ! Bye! gold?–up 19.50…bye! Bye! my profits? Boo hoo…

Posted by Richard640 @ 18:30 on March 15, 2020  

The fiasco known as gold…up $34–[Buygold=agreed!! G*d only knows where it’ll be in the a.m.]

Posted by Richard640 @ 18:25 on March 15, 2020  

On the open of trading tonight, Bloomberg had a special large ticker showing the DOW, gold and treasuries…and the announcer commented that gold was rising….that lasted about 5 minutes then the ticker was gone and the gold quotes on the bottom ticker are pretty much gone…I saw gold up as much as $45…then they knocked that down…oops! A quote just appeared up $41…lets see if that will hold until 9:30 am tomorrow…even if gold is still up, they could still hammer the shares…anyway, this is better than being down $40…crude opened up a bit then rolled over….now down a buck…gold up 34….pecking away at it…6:23 pm

Gold up $40, Silver up $.30

Posted by Buygold @ 18:20 on March 15, 2020  

Sorry, that doesn’t cut it. I’m looking for gold up $100 and silver up over $1

Maybe it’s because the DOW futures are down almost 600

Did the Fed scare the SM?

QE5 too!!

Posted by Buygold @ 17:20 on March 15, 2020  

Fed Panics: Powell Cuts Rates To Zero, Announces $700BN QE5, Unveils Enhanced Global Swap Lines

And there it is.

BINGO!

Posted by Buygold @ 17:18 on March 15, 2020  

FED TO LOWER INTEREST RATES TO 0-25% ACCORDING TO FOX NEWS

Now the scum might try to keep us down, but it will be tough IMHO.

That’s a 1% cut. Say hello negative rates!!!

edit: Bitcoin up 7%. Can’t wait for G & S to open. USD getting hit on Netdania.

How Precious

Posted by commish @ 15:46 on March 15, 2020  

es-zpo8xsaadwve

Couple of very telling charts from Kim at skwealthacademy. Identical timing for the rise of US Dollar and the fall of gold, but just coincidence I’m sure

Posted by silverngold @ 13:37 on March 15, 2020  

R640 – Looked at my phyzz supplier for some silver

Posted by Buygold @ 9:13 on March 15, 2020  

Has pretty much everything except silver eagles as Blndrn pointed out.

Everything else has a about 10-20% premium, in some cases more.

No breaks if you’re look to stock up on phyzz, just futures contracts.

https://www.golddealer.com/product-category/products-2/bullion/silver-bullion-coins-bars/

Morning Winedoc

Posted by Buygold @ 9:06 on March 15, 2020  

Thanks for chiming and of course knew you were a Doctor.

“an “exercise” in public policy Im afraid.”

I believe you’re spot on. This is an exercise to see if we will fall in line.

Eventually maybe even cover for some sort of financial reset.

Price Of Physical Gold Decouples From Paper Gold

Posted by Richard640 @ 9:04 on March 15, 2020  

Submitted by BullionStar.com
In the last month, from 14 February 2020 to 14 March 2020, we have seen a record number of orders, record order revenue and a record number of visits to our newly renovated and extended bullion centre at 45 New Bridge Road in Singapore.
For the above-mentioned period, we have served 2,626 customers with a sales revenue of more than SGD 50 M, which is 477% higher compared to the same period last year.
The last few days have been our busiest days of all time. Our staff members have been doing a fantastic job in going out of their way to serve as many customers as possible.
 

https://www.zerohedge.com/commodities/price-physical-gold-decouples-paper-gold

Hawaii up 2 more… Total now 6

Posted by Maya @ 3:29 on March 15, 2020  

One more case found on Maui, now in isolation.  And one more case confirmed in Honolulu on Oahu island… no details on that one.

Patients #3 & 4 isolated on Kauai were reckless spreaders!  They arrived on Maui (United Airlines) with sniffles and went to urgent care there.  Flu test there was negative so they ignored it.  Days later flew interisland on Hawaiian Air to Kauai and got worse.  Upon going to the Kauai hospital and grilled more thoroughly it was “Oh… by the way… we were notified we were exposed to a case back on the mainland before we left! ”  Damn irresponsible idiot spreaders!!

Another worrisome case is an airforce woman in Colorado.  She spent three weeks on Oahu attending medical seminars (!) and on the flight home to Colorado she started with sniffles.  It got worse as she got home and finally went to the hospital where she tested positive.  So she definitely caught the virus on Oahu-Honolulu… likely attending a crowded military medical seminar here.

So it’s likely we have community spread here.  No cases on the Big Island yet where I am.

One statistic I have read is that an infected community will double cases every 4 days.   So far this is true here with 1 then 2 then 4 and now 6 cases.  Expect more shortly.  Statewide testing capacity expanding on all islands.  Big Island will be the last, planned for Tuesday in Kona and Hilo.

And still the cruise ships come a-docking!!

Gold Train

Posted by Maya @ 3:10 on March 15, 2020  

rrflasher-copy

The Western Pacific pulled the last leg
of the California Zephyr
https://railpictures.net/photo/723856/

 

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