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

Eeos

Posted by goldielocks @ 13:44 on March 23, 2020  

You might think this is funny but the medical didn’t. My old school doctor that doesn’t need computers to diagnose or tell him what to do had to hire a computer tech to do all the regs on computers including referrals because they are so complicated now. I saw it and it was because one page could have a bunch of stuff on it and you had to choose what to open. He didn’t have time for that. I know two other private doctors I worked with patients with once that were telling me they had to buy all this equipment and hire more help. Since I was getting out hinting to me but was the last person they needed working computers but felt for them I couldn’t help them but would of been a nice semi retirement job. A hospital tried the same and said no way. They finally said forget it and closed down just work straight out of hospitals now.
Corporates for profit bankrupting private practice.
Only good thing was me having to help new or foreign nurses read doctors writing or push them to call and clarify not guess.

Eeos

Posted by goldielocks @ 13:15 on March 23, 2020  

I’m NOT a computer person. I have no real interest in them other than for basic needs. I’m going to give my Apple lapto way to one of my grandkids cus I don’t use it. Suppose I could watch DVDs what ever on it. When they came into hospitals nurses hated them. Just took more time away from us. At first there wasn’t enough so you had to wait for others. Only good thing is your charting can’t turn up missing.

Eeos-gold up $75–fine and dandy b ut the f***ers are sitting on the HUI/gold stocks/ETFs–so I await

Posted by Richard640 @ 13:12 on March 23, 2020  

with my stop loss set for the last hours’ surge or swat down….the action so far tilts the odds for a sell off ….even though–under the new macro circumstances of today, It is hard for me to envision PMs as a liquidating asset

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

IN 2008 GOLD CRASHED WITH STOCKS THEN TOOK 3 YRS TO REACH 1900This time around the movie is running at high speed–events are compressed time wise–I think gold had the equivalent of its 2008 sell off when it went from 1600 to 1450…..hopefully it will nickle-dick around these levels at the worst….or break out to and thru 1600

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

P.S.—FLASH—1:10PM—JNUG  FINALLY broke out for a new days high

Goldcountry

Posted by goldielocks @ 13:06 on March 23, 2020  

Ron Paul is exactly right. There is no evidence it’s 10 times higher. The world average is 2.5 of only known cases diagnosed or tested if tests are accurate. It’s probably lower. Risk of dying in certain people might be higher.

Where is the rolling out of protective equipment for medical staff who need to be gowned up head to foot to those up close and personal, roll out of medical equipment needed and medicine that have been shown positive results including prophylactic to those exposed? Not just shut down for a undetermined time because of lack of these things. It’s like their standing outside a burning building and not getting out people and the fire hoses and just watching it burn. They’re safe but the people “ majority” in this case inside aren’t.

oh jeezus goldi

Posted by eeos @ 12:58 on March 23, 2020  

Chrome books are PC computers not a Web browser!

Eeos

Posted by goldielocks @ 12:47 on March 23, 2020  

The two computer grandkids 12-14 don’t like chrome for some reason. I’m guessing it’s because of speed and gaming.
As far as WiFi hotspots everything is locked down right now. Can’t go anywhere except to pick up food, shop for food, medical needs, work that’s it. Everything you go inside for is closed.

But maybe as stocks sink they can trot out the old b.s. about selling gold to get liquid

Posted by Richard640 @ 11:41 on March 23, 2020  

Buygold–as I write we are seeing a life and death struggle over gold

Posted by Richard640 @ 11:39 on March 23, 2020  

Are they shi**in me? Gold up 65 bucks and sell orders are flooding in on gold stocks??

 Yes, they are BACK near their highs they made earlier but those highs shoulda been left in the dust…that said I don’t think gold’s gonna roll over today……………again, the only question is how much higher can PM stocks/etfs go?

Captain – Think you’re right about silver

Posted by Buygold @ 11:21 on March 23, 2020  

No sqeezability and you can see it in the way SLV is trading.

GLD on the other hand…

Buygold @ 10:39

Posted by Captain Hook @ 11:14 on March 23, 2020  

Yes the Fed fired it’s bazooka today because the Dow would have opened down 1000+. With the new options cycle the effect of the newly bullish specs buying calls (because stocks are down and the Fed will not allow collapse and a bounce is omnipresent) is why stocks can’t rally in spite of this record debasement.

Eventually a bounce will materialize once the specs stop buying calls for the bounce, but obviously not yet. I’ve got the Dow down to as much as 15k before a sustainable b-wave bounce materializes. Obviously it could come sooner, but should not exceed 25k or so.

For PM shares they should be held captive by general liquidity conditions for a while yet, likely until the next wave down in stocks begins (after the bounce alluded to above), but both they, and bullion, should bottom well before stocks if history is a good guide. I expect to see a PM bottom this year, but again, if history is a good guide, this does not come until the broad measures of stocks have been declining for approximately 6 months — putting us into August/September.

Now, if the crash is faster this time, the timing of all this may be accelerated too, and if you are happy paying for PM stocks at these levels go ahead, however lower levels might still be in the cards.

Silver though, with mining not possible at these prices — a bottom is close — if not already in.

Silver stocks might continue to suffer with general liquidity conditions, but not the bullion too much longer.

As well, and in relation to the broads, PM stock specs have also been active, taking some ETF open interest put / call ratios lower (GDXJ, NUGT. JNUG, AGQ), so they should continue to be held back for the same reason — no squeezability.

Cheers

R640 – Yeah, where else do you want to put you cash?

Posted by Buygold @ 10:59 on March 23, 2020  

In cash? They are trying to kill the USD now.

I can’t ever remember when the Fed’s tools have failed to goose the SM. Can you?

1930’s? even then, I don’t know.

Buygold-The captain’s scenario is very likely…but I am going to give gold every benefit of the doubt NOW…

Posted by Richard640 @ 10:49 on March 23, 2020  

The DOLLAR is down a big .937…so Fred [G*d] only knows where we’ll be at the end of the day…I think gold  has a pretty good floor as I write…only question is will there be further upside

https://futures.tradingcharts.com/marketquotes/DX.html’

R640 – We know how this is going to go

Posted by Buygold @ 10:39 on March 23, 2020  

I think Captain Hook laid it out pretty well. Gold won’t really get going until the SM finds a bottom, wherever that is.

The difference between now and 08′-09 is that gold has only corrected 10% during this SM crash, back then I think gold fell from $1K to the $600’s

The shares crashed in some cases 80-90%

We’re just getting started if this is some sort of bottom in the metals and shares.

GoldenAge

Posted by goldcountry @ 10:39 on March 23, 2020  

Ron paul on the Coronavirus Hoax:

Dr Wolfgang Wodarg on the virus:

A Rational Voice Goes Unheard

Ice Age farmer on the looming food shortage:
https://www.youtube.com/channel/UCI-Am0t4qQaP_Do9FwMWw3Q

WHOA! The HUI is suddenly up 9.24–are we starting the long awaited “delayed reaction”

Posted by Richard640 @ 10:16 on March 23, 2020  

or will this get shot down too?

Makes a lotta sense-the HUI is 6 points off the high–I am sure individual investors woke up

Posted by Richard640 @ 10:14 on March 23, 2020  

this morning, saw the QE news and ran to their computers to sell their gold holdings…who else would do that?

https://finance.yahoo.com/quote/%5EHUI?ltr=1

Buygold—“This is it”–if gold doesn’t perform today then we can just close down this site and go home

Posted by Richard640 @ 10:14 on March 23, 2020  

So far this looks like Friday…gold shot up to +$40 and declined the rest of the day–I saw gold up $43 and seems to have hit a brick wall…

Gold should probably be limit up, especially with supply starting to disappear

Posted by Buygold @ 10:07 on March 23, 2020  

Unprecedented Intervention: The Fed Will Purchase $125 Billion In Securities Every Day

The Fed will purchase $75BN in Treasurys and an additional $50BN in BMS, for a total of $125BN every day, or an unprecedented $625BN in just one week, more than the Fed’s entire QE2 which was just over $500BN in purchases over 7 months.

BREAKING: Egon von Greyerz Just Warned Swiss Refiners Have Halted Gold Production!

Posted by ipso facto @ 9:38 on March 23, 2020  

BREAKING: Egon von Greyerz Just Warned Swiss Refiners Have Halted Gold Production!

Morning Captain, Maddog

Posted by Buygold @ 9:32 on March 23, 2020  

It appears that certain rules are still in play, i.e. the 2% rule for gold.

Even QE5 isn’t going to help the SM at the open, although I do think it will eventually.

Bond market appears to be behaving a little better although the 10 yr. should be under .50% by now.

Two infected Congressmen describe their COVID-19 symptoms

Posted by GoldenAge @ 9:26 on March 23, 2020  

https://www.politico.com/news/2020/03/21/mario-diaz-belart-ben-mcadams-coronavirus-140840

When they can no longer mine coal States like CO are done

Posted by eeos @ 9:25 on March 23, 2020  

We have ZERO nuke power generation capabilities in this state, soee says that they’ll do it with robots. The seam is big in Gillette but I’m still concerned

One thing the virus did is shut down the protests in Hong Kong …

Posted by ipso facto @ 9:10 on March 23, 2020  

For all the dummies that say the flu kills more- congratulations you’re a Covidiot!

Posted by eeos @ 8:54 on March 23, 2020  

covid

John Hopkins Website

watch this map turn completely RED in a couple of weeks! They updated it and now you can see every specific area on the map in the US

Buygold

Posted by Maddog @ 8:37 on March 23, 2020  

Refineries shutting down, mines potentially shutting down, open ended QE….so now why will someone sit on $ 1500 gold….

If they do then we are entering a different reality…scum land. ….as u and Wanka say…This is it.. Gold should have no offers here.

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