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

Jeff Gundlach predicted during his DoubleLine call yesterday that “the U.S. national debt likely to grow to $30 trillion in two or three years as spending explodes in response to the crisis”, which means about $3-4 trillion in net issuance per year, and that upcoming supply tsunami is certainly sending bond prices lower, potentially dealing a deathly blow to the risk-parity/balanced “60/40” portfolio model. 

Said simply: the USD is the world’s reserve currency, which while a huge benefit to the US when times are good, is an unbearable burden during crashes such as this one. While there is no simple solution, the legendary inventor of the MOVE index did propose a brilliant solution back in 2016: the Fed can always crush the dollar by buying gold in the open market, effecting another FDR-like devaluation of the dollar. Because as J.P.Morgan famously said in 1912,  “Money is gold, nothing else.” One year later the Fed was born.

But for now, gold is being puked (to raise dollars) along with every other asset…[THAT’S A LIE]

Source: Bloomberg

In other ominously concerning news, global systemically important banks have collapsed…

Source: Bloomberg

As Deutsche Bank counterparty risk is exploding to record highs.

EGON VON GREYERZ INTERVIEW: GAME OVER – THE BLACK (CORONA) SWAN HAS LANDED

Egon von Greyerz
March 18, 2020

The global stock markets are crashing, but there is still a lot of room to move down. Corona is being used as an excuse to push through many measures, the result of which will be the destruction of paper money. The seemingly exaggerated measures have a nasty aftertaste, as if the collapse is to be brought about now. Time is running out to buy precious metals and important goods as supply chains are breaking worldwide.

• 00:55 Dow Jones crash within days

Gold is up $20 and silver up 50–let’s see if that survives the nite–JNUG dropped another $1.30 to $4 in extended trading so I scooped up these jewels=it just closed nite trading at 5.27

Filled Buy. 15000JNUG  Limit4.32—-17:41:22 03/18/20

We’re trying to figure that out. Will let you know.

I’m ashamed to say that I’ve never contributed and $ to this forum. I’d like to contribute. Who do I send a check to and made out to whom?

Agreed.

But more, the libtards are testing how far they can push the public in a totalitarian police state a la China.

It appears the public is more than happy to capitulate without a fuss.

Heaven help us.

Cheers

Ten yr. rose to 1.27% today with the SM getting crushed?

Makes no sense. The world must be dumping bonds en masse, hence the rising USD.

Not supposed to happen this way. Even bigger trouble on the way if this continues.

Trailer trucks outside the Charmin plant in PA.

Yes the truth will come out in the next few weeks. Is it a hoax or not? We just have to wait a bit.

I’ll check out the videos. Thanks

re: silver price. Yep the futures exchanges are the only place on the planet where silver is $12. Seems like some big entities could cause a problem if they demanded delivery. Crimex would likely default and pay in cash instead.

Good article. If our hospital system gets overwhelmed in the new few weeks, it will be hard for anyone to label this situation a “hoax”.

Have you looked at Chris Martinson’s videos? He publishes a YouTube update just about daily, and is science based just as Mike Adams is. I think you would like them.

I edited my 14:25 post  (which was a reply to you) because I had the time stamp wrong in the original post. It should make much more sense now.

Ipso – the only place silver is under $12 is at the Crimex – nowhere else on the planet can it be found for that. I used to scoff at guys that claimed the paper market didn’t set the price. No longer.

Hook – Problem, Reaction, Solution – IMHO , this is the cover for the great reset we’ve been hearing about for a couple of decades now – all to “save us”

Mr. Copper – “cash is King” for now. A few months from now, cash will be trash and gold will resume the throne. JMHO

R640 – Gold a moon shot like Tesla – no doubt about it in my mind. Paper is the only thing holding us back right now.

Thanks for the Corbett report video. Spooky, but we know it is probably accurate, we will know soon. Could the masters of the universe be going after guns and ammo, calling down martial law and getting rid of cash all at once? These have been forecast for some time. I viewed a Corbett from a post from yesterday that I have lost somehow, where James Corbett likened the climate change agenda to this virus debacle. It is interesting to note that they couldn’t get much traction for climate change for as long as it has been an issue, but the response to this virus is off the charts. The former did not affect an individual right now, but the latter is freaking us all out today. They have found the key. They have pushed our “right button”. Unfortunately we are training the rats how to lead us into the abyss. Human nature is very self-interested and climate change doesn’t measure up like our immediate fear of dying from a pandemic. They will know what to do in future whenever they have a new objective – make it personal.

Pro-Trump publishers and pundits go “full FLAT EARTH” with cult-like denialism of the coronavirus, claiming it’s a “hoax” and “no worse than the flu”

(Natural News) Thanks to a coordinated right-wing media disinformation campaign that has spread bad ideas faster than the Wuhan coronavirus itself, we have now arrived at a point in America where many prominent pro-Trump publishers, pundits and thought leaders have devolved into something resembling a suicide cult of mathematically illiterate “Flat Earth” deniers of biological reality. It’s truly horrifying to watch.

All over conservative media the last day or two, we hear prominent voices calling the coronavirus a “hoax” (Ron Paul), a “sham” (Joe Hoft, The Gateway Pundit), a “no worse than the flu” scenario (Rush Limbaugh), a “false flag” operation or a “fake science” event that’s rooted only in mass hysteria and nothing else. Joe Hoft, a guest on InfoWars earlier today, claims that the coronavirus has a lower fatality rate than the regular flu, and he says the whole thing is a “sham.” (I’ve dismantled his bad math in this article.)

Showcasing their science illiteracy, conservative commentators like Rush Limbaugh claim the entire coronavirus “hysteria” is nothing but left-wing media hype engineered to harm Trump. Rush Limbaugh is the same radio host who claims that Leftists are morons for thinking that biology isn’t real, thanks to their transgenderism beliefs. But when Rush doesn’t want a virus to be real, he wishes it away in precisely the same twisted fashion. Biology is only real when it serves his political purposes, it seems. In other words, it’s selective biological realism, not universal biological realism.

Meanwhile, celebrity doctor Dr. Drew continues to claim the coronavirus pandemic is no worse than the flu. Yes, seriously, people are still saying that, but only in America. Nowhere else in the world are large portions of the population dumbed down enough to think the coronavirus is some sort of elaborate global hoax.

Just remember: Even if you manage to survive the pandemic, you still have to survive the STUPID.

By the way, even the New York Times can do basic math, and this graphic from their site shows that if just 30% of the American people get infected with the coronavirus, a 2% case fatality rate results in two million deaths:

continues https://www.naturalnews.com/2020-03-17-pro-trump-publishers-and-pundits-go-full-flat-earth-coronavirus-denialism.html

The European Bank Holiday & Closure of Markets?

GUNS and TOILET Paper !   No paper ,No Guns ,No Chicken ,No SOUP  …plenty of candy for sale..it looks like people are going back to basics..

You have to consider everything in order to make rational decisions in a panicked and irrational world.

Good catch! He appears to be saying “There’s nothing natural ….

You wrote:

“Evidently it came from a bio weapons lab in Wuhan China”

Trump said something during today’s Coronavirus Task Force briefing that alluded to this (I think). Listen to what he says at 30:15-30:25 and then listen to the way he refers to China at 22:29. I think these clips explain why he keeps calling this a “Chinese virus” despite getting a lot of criticism for it – he is letting us know what happened in a “beating around the bush” sort of way.

Effers!

” How could this globally coordinated news event pop up out of nowhere??”

Evidently it came from a bio weapons lab in Wuhan China.

The media IS milking it for all it’s worth. That’s what they do.