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

No, not me. James Dines newsletter writer. Book writer also. “Technical Analysis” “The Invisible Crash” and a few others. He proudly accepted the “Gold Bug” title.  The invisible crash relates to the Dow from 1968 to 1982 that could not stay above 1,000 for 14 year. While everything else went up. So if you saw a Dow chart, adjusted for inflation, it wascrashing,1968 to ’82.

At that time June 1982 I got a mail gram at front door. He flashed the much vaunted all out gold and silver sell signal. MVAOGASSS. Predicted a decline in interest rates and commodities, and told everyone to plow into the Dow at 796.   Every time for a decade, that the Dow got above 1000 he called it the Graveyard in the sky above 1000. Going to the 20,000 to 30,000 matches the average inflation rate of everything costing 20 to 30 times more than that era.

He also predicted in 1980 a deflation in wages due to growing use of foreign labor. He was right on all that. He spots new investment trends early but too late or too early to sell out. Lately he doesn’t sound the same, and I wonder if he has a helper writing the letter.

This is why I have been saying “watch the dollar”—it’s reversal the past few days is significant-today it gave up an .800 gain]

“A lot of the liquidation was foreigners in need of cash and sold because of the dollar. This is why you began to see the Euro rally while there has been a massive shortage of actual dollars on the street”

Who Was the Seller

Dont knock ZIMBABWE ,I got a 100 billion dollar “Special AGRO-Cheque “framed on my wall ,at least they made me a “BlLLIONAIRE ” ..no Democrat or Republican has ever done that for me..Im gonna be RICH I tell you !  Im gonna be RICH  ..Trump might make me a TRILLIONaire  …

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

You worked at KIDDER ?   I was there, my BROKER ,that is   he has since passed away. just after the crash of” 87″..its a small world.

Must have been 10 plus years ago at least, maybe 20. I stumbled on a test on the computer, to tell me what the hell I am. At the time, I knew I wasn’t a liberal at all. and not really a total conservative either. I heard about the libertarian party, and thought I fit a little bit in there.

Since I favor honest hard money like gold and silver, to keep governments and banks honest, for the people, I considered myself somewhat of an economist but there no “economist party” party for people like us “gold bugs”, a derogative name created by the Media regarding the James Dines back around 1964 I think.

Back in his day as a stock analyst, and newsletter writer for Kidder and Company, if you were caught looking at a chart, you were fired. He was recommending precious metals mining stocks when Silver was .92 cents, and Gold was$34. We were not allowed to own gold, but gold stocks were fair game. They fired him, and called him a “kook”.

So anyway I took the political party test. It took a long time and a lot of questions. I thought it would never end. Finally at the end, I found out what I was…..Drum roll…

I’m an “Isolationist.” And I agree with that. Call me a member of the Isolationist Party or the George Washington Party. Now who or what party would hate my party?? Maybe they should shit can republican and democratic parties and replace them with the “United Nations” party and Isolationist , or America First party.

The republican and democratic parties seem to be a smoke screen to me. I’ve heard it said, the left wing and right wing is on the same bird. But we think we have a choice. Both parties let the USA economic decline progress. If anything good comes out of this mess???

Its Globalization and imports getting a kick in the teeth.

HOLY MOLY
The usual amount of Comex gold "deliveries" is about 8,000-10,000 contracts per delivery month.
With the rush by the CME last week to approve 400oz London bars for Apr20 delivery, we expected a record in April.
As of last night, there are over 25,000 contracts standing!

— TF Metals Report (@TFMetals) March 31, 2020

When it starts heading towards 30 they will.

Cheers

This early surge in gold stocks should reverse and have a mini plunge—I see the HUI is down 2.79…I’ll be looking to buy that drop provided the dollar hasn’t come roaring back

IV Vitamin C “Widely Used” To Treat COVID-19 In NY Hospitals

https://www.zerohedge.com/health/iv-vitamin-c-widely-used-treat-covid-19-ny-hospitals

https://finance.yahoo.com/news/sabina-gold-silver-announces-financial-120010293.html

https://finance.yahoo.com/news/great-panther-reports-fiscal-2019-014600861.html

Great Panther Files NI 43-101 Technical Reports on the Guanajuato Mine Complex

https://finance.yahoo.com/news/great-panther-files-ni-43-033300090.html

Dear Goldie ,you just don’t get” it” The Corona cure proposed by Trump will never get approved until “the DEMOCRAT “PROGRESSIVES “change the Name of the Drugs involved.Change the Price from the $40.00 that the DR.in NY charged to $400.00 where upon every Media outlet in the country will hail as a”PROGRESSIVE VICTORY”.This “CRISIS of a LIFETIME” cannot be allowed to go to waste.Give it a “Progressive name”raise the price ,if it expensive ,it must be better ,NO ? and it will be in every drug store in the Country in 24 hours.That Racist Trump cannot be allowed to RAIN on the Progressives Party and let the CRISIS of a LIFETIME go to WASTE.

gold having a nice bounce and silver up 7 cent

The Fed is going to be shelling out some $16 trillion over the next 90 days or so to nationalize all the ‘essential industries’.

Is it any wonder they beat gold and silver down every opportunity they get.

One more deflationary swoosh scare as the equity complex tests this month’s lows and then it’s off to the races for the PM’s going into summer.

$16 trillion plus, plus, plus, chuckle.

Can you say Zimbabwe here we come.

Cheers

USD is ripping higher this am

Kitco gold at $1589

and the beat goes on…

https://stockcharts.com/h-sc/ui?s=jnug

“they are trying to administer the coup de grace to gold…that is to eliminate, for all time from investors minds,”

Well, I’d say it’s kind of working or at least has been for the last week.

NUGT, JNUG might give you a shot but I’m too scared to try…

SLV – shows down 1%. This could get ugly

Interesting set up developing in gold as of 6:40 am—they are trying to administer the coup de grace to gold…that is to eliminate, for all time from investors minds, the last vestiges of the idea of gold as a safe haven…”they” have gold down $31…for the past few days gold has held up well anove the $1600 level…

 

A couple things…silver is unchanged and most gold stocks/etfs have only small losses in pre-mkt trade…the $ is up .544 and bears watching but need not be fatal….NUGT is down 2 cents & JNUG is lifting off its lows…I’ll prolly be buying the gold dip at some point…also it looks like it might be roll over day for the stock mkt which possibly could effect the dollar…that possibly could redound in golds favor

 

https://www.cnbc.com/quotes/?symbol=NUGT&qsearchterm=

New Siemens Chargers lead the Zephyr
into the mountains
https://railpictures.net/photo/726779/
https://railpictures.net/photo/726906/

The fake news came out blaming Trump for a man dying from self medicating on chloroquine and routers it as unsafe.
They left out he was taking it from a aquarium to treat fish tanks with other chemicals in it. Had to back track.
Actually Hydroxychloroquine is a safer form but not enough yet so only to those already showing more servers symptoms unfortunately until more can be made.
Hopefully the good thing that might come out is countries waking up to not being dependent on another country’s with a dictator to produce their drugs and other necessities and bringing it home.
https://www.google.com/amp/s/fox40.com/news/national/fearing-coronavirus-arizona-man-dies-after-taking-a-form-of-chloroquine-used-to-treat-aquariums/amp/

I believe it started in France.
His state should ask for a recall

Dem governor who banned coronavirus drug relied on doctor with no license
FDA has OK’d emergency use of hydroxychloroquine based on successful trials.

The chief medical officer who advised Nevada Democratic Gov. Steve Sisolak to issue an emergency order banning the use of the anti-malarial drugs hydroxychloroquine and cholorquine in his state to treat the coronavirus doesn’t have a medical license to practice in the United States.

Ihsan Azzam has an impressive resume in epidemiology, but his lack of a license to practice was spotlighted two years ago by the Washington Times when he testified in court regarding the administering of certain drugs, the Gateway Pundit reported.
Violation of Sisolak’s order is at least a misdemeanor crime. Along with making it illegal to prescribe hydroxychloroquine, the order bars its use as a preventative.
Meanwhile, the FDA issued an emergency-use authorization late Sunday allowing doctors to prescribe chloroquine phosphate and hydroxychloroquine sulfate.
TRENDING: 2 Fox stars gave Donna Brazile lesson in manners after outrageous ‘Go to hell’ comment
As WND reported last week, a doctor who works in New York City hospitals has found virtually 100% success treating COVID-19 patients with a combination of hydroxychloroquine, the popular antibotic azithromycin (known as Z-Pak) and zinc sulfate.
Late last week, the governments of Italy and France approved the use of the drugs to treat COVID-19 in response to a study by Dr. Didier Raoult, a professor of infectious diseases in Marseille. Didier’s study used Z-Pak and hydroxychloroquine.