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

I think the re-set crash we all expected after 1971 HAPPENED in 2008. But the thought police and money managers were able to “fool” the markets until a “spark” that we all figured in long ago would “lock up” the brakes.

part: Demand Shock

The demand experienced industry-wide over the past 5 days has been unprecedented. This is worse than Y2K, 9/11, or the Great Financial Crisis. It is the speed at which demand spiked (seemingly overnight) that has crippled the industry. Volume is up over 10x (in some cases much more) in a matter of days. This has strained customer service, logistics, and – relevant to this article – supply. The industry is built for elasticity. We are used to big spikes in demand. We can handle a 1 or 2 standard deviation move. We can’t handle a 5 standard deviation move in 5 days.

Distributors sold out of stockpiles in 48 hours. Dealer inventory disappeared immediately. Precious metals are the toilet paper rolls of the financial markets – under appreciated until there isn’t much left. To be sure, there is ample raw material, just like there are plenty of trees to make paper. Getting the raw material into the form that you want is the problem.

https://www.texmetals.com/news/demand-shock-the-forces-behind-rising-premiums/

Concur, if you’re saying you don’t think the SM will recover the losses. Certainly will not be a V-Shaped recovery.

Probably the best that can be hoped for is that it doesn’t go down another 5-10K pts. and just stabilizes.

Bond market looks a little more normal today.

Yeah, I like WPM and at this point just about everything pm seems to be a trade until the metals make their move.

I will never touch CDE no matter how cheap they look. They hosed me years ago with their reverse splits and I swore them off.

HUI has had a nice reversal today – 26 pts. off the low, despite gold still down.

Canada’s Kinross Gold Corp has isolated its Kupol mine in Russia’s Far East after two workers were hospitalised with suspected coronavirus infections in the biggest mining lockdown since the outbreak of the disease in December last year.

The plant, which has the capacity to produce 4,500 tonnes of ore a day, is continuing to operate on schedule, but its output is not being shipped, a spokesman said.

Air links to the remote mine, located in the Chukotka region, 400 km (248.55 miles) northwest of the city of Anadyr, have been suspended and its winter road route, a snow and ice overland connection, has been closed off.

Kinross gold mine in Russia on lockdown after coronavirus suspected

Deutsche bank was teetering before the virus hit, as were many others….Deutsche’s derivative book was 34 times the size of German GDP……maybe God knows how bad their position is now, because Deutsche sure doesn’t.

Maybe this is why even though there seems to be a simple cure, the mkts won’t/can’t recover.

You know what I think this is about politicians since every flu can affect seniors and medical conditions more than others. It came out mostly people 65 and older were mostly affected.
Well guess what? How many of these politicians are 65 and older. Pelosi Waters Schumer you make it.
All of a sudden it is a personal thing and they are making sure they are protecting themselves from everyone else and the hell with the economy.
Those young can’t go out they can give it to them.
Otherwise they wouldn’t care. H1N1 was a younger person target even though it was wide spread killed over 500 thousand people world wide.
But the target was the younger group so they didn’t care. People who had longer to live. Selfish all about them or don’t care.
They’re scared don’t care who they hurt.

H1N1 2009

Additionally, CDC estimated that 151,700-575,400 people worldwide died from (H1N1)pdm09 virus infection during the first year the virus circulated.** Globally, 80 percent of (H1N1)pdm09 virus-related deaths were estimated to have occurred in people younger than 65 years of age. This differs greatly from typical seasonal influenza epidemics, during which about 70 percent to 90 percent of deaths are estimated to occur in people 65 years and older.
https://www.cdc.gov/flu/pandemic-resources/2009-h1n1-pandemic.html

Just joking but guess Armstrong see’s equities not doing him any good right now so going to move back into the PMs so calling out the gold bugs.
Meanwhile pretty soon by April May you can get equities on the cheap too. They’ll probably take awhile to recover though. Everyone’s broke right now. People may have to draw from their 401Ks and IRAs as well.

Yep they should wake up the masses of you can bypass the PC group they use to stop them.

Temp does have something to do with it but has to be high like 132F Someone figures out how to blow hot air to your sinus where it starts. Lol You get a hair drier and a water bottle. You cover the back of the hair drier point it at your nose and use the water bottle to spray keep your face from biting or turn your heard to breath out. Lol Thing is are you going to get your sinus that hot what about your lungs at that heat? People are coming up with all sorts of weird stuff. The heat will cook the virus on surfaces exposed.
Ps plus the risk of electrocuting themselves.

Read the papers….it ain’t temperature…it is to do with Blood PH changing, which the virus doesn’t like and to do with making cells more receptive to Zinc….

we should know more soon, as trump has fast tracked it through the FDA…the FDA was poo poooing it until Trump sorted them out……Yr damn lucky having such a smart, can do President…boy will u miss him when he has retired.

Hang on I see the FDA has not approved the drug…….the Donald will be apoplectic and rightly so….what cretins.

Why don’t they expose on TV or the History Chanel how the HELL the USA got merged with China? Name names or groups. And later on after the shotgun wedding, “WE”? gave China most favored nation trade status. Early on in the “marriage” we GAVE them Missile Technology.

Soon after the beginners sent up a missile with a very expensive USA satellite on it, and it BLEW UP. What a bunch of dreamers the foreign influenced American leaders with a candy ass cookies and milk global sharing agenda. One big dumb and happy global family.

Switzerland  people are very smart. I can’t believe they never got sucked into the Global Commune-ity.

Gold

with no expiration ya can’t beat CDE–it was $15 in 2016 and $8.50 not too long ago–the 12 month low is 2.50–hit this a.m.—and 12 month high is 8.50—last trade was $3….in 2015 if was $1,56….

I just bought 20,000 shares of CDEV–a perpetual cll on oil– for my wifes account at .31 cents–if it goes out of busines–then the max risk  is 6400…both are set it and forget it trades

Malaria prone Countries not getting Corona virii  ? is it because of Temperature ?  or is it because Malaria medicines prevent it…  like Quinine  ! I suspect its Temperature because high temp and Sunshine kills the virus .

Ill still take the Tonic water with GIN just in case !

Seem to be doing a little better. yesterday was pretty dog gone ugly.

R640 – thanks for pointing out WPM. Saw the same thing with KGC. I’m going to pick up some WPM.

Wonder if the decline in the SM is coming to a temporary end?

Since no metal is available from dealers, they are either out or just not selling at low prices. If they are out, the quickest way to restock would be to take delivery in the futures market. At that point, the truth comes out.

rno

and the HUI is 17 pts off the bottom….I’ve been in an out of JNUG 2 times and made $8 grand but I wanna catch a wave….

Blame it on the Bossa Nova? ….or blame it on the $ [plus the “rig”] hich is up a big .894

Drink more gin and tonics! My all around go to solution. Good for what ails ya! 🙂

https://youtu.be/gMTZu6_TjU8

https://wattsupwiththat.com/2020/03/17/an-effective-treatment-for-coronavirus-covid-19-has-been-found-in-a-common-anti-malarial-drug/

scroll down a way

From Facebook, Dr. Roy Spencer adds this new information.- Anthony

On the subject of using antimalarial drugs for COVID-19 treatment, I’ve compared COVID-19 cases versus malaria incidence by country….

This is amazing. I downloaded all of the data for 234 countries, incidence of total COVID-19 cases (as of 3/17/2020) versus the incidence of malaria in those countries (various sources, kinda messy matching everything up in Excel).

RESULTS, Multi-country average malaria cases per thousand, COVID-19 cases per million, in three classes of countries based on malaria incidence:

Top 40 Malaria countries: 212 malaria = 0.2 COVID-19;
Next 40 Malaria countries: 7.3 malaria = 10.1 COVID-19
Remaining (81-234) countries: 0.00 malaria = 68.7 COVID-19

Again, the units are Malaria cases per thousand “population at risk”, and COVID-19 cases per million total population.

In all my years of data analysis I have never seen such a stark and strong relationship: Countries with malaria basically have no COVID-19 cases (at least not yet).

https://www.westafricanresources.com/wp-content/uploads/2020/03/02216206.pdf

interesting maps.  is there any dialog that goes with them ??

You are 100% correct.

I would include our own sellouts too…the libtard politicians (on both sides of the rickety fence), self-serving bureaucrats, and bankers (at the top of the list).

Until these people start working for you, and not themselves, we will continue to be exploited.

Of course this is impossible for bankers, which is why they must be reigned in.

Imploding their own system might accomplish this ironically (all empires die from within).

Everything is crossed.

Cheers