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

YUP! It IS one of those days…JNUG down 24%–NUGT down 21%–silver up 34 cents & gold up$12

Posted by Richard640 @ 10:43 on March 19, 2020  

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

Maddog @ 9:50

Posted by ipso facto @ 10:01 on March 19, 2020  

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

TESLA plus 11 % ?????what the ****

Posted by Maddog @ 10:00 on March 19, 2020  

David Icke makes total sense with his problem, reaction, solution scenario

Posted by silverngold @ 9:55 on March 19, 2020  

https://youtu.be/gMTZu6_TjU8

treefrog

Posted by Maddog @ 9:50 on March 19, 2020  

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).

9:34 am–Silver up 30 cent=WPM down .90 [3.5%]–USLV up a lousy 11 cents–looks like it’s gonna be one of those days

Posted by Richard640 @ 9:39 on March 19, 2020  

West African Resources Pours First Gold at Sanbrado

Posted by ipso facto @ 9:38 on March 19, 2020  

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

maddog, maps

Posted by treefrog @ 9:08 on March 19, 2020  

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

eeos @ 3:06

Posted by Captain Hook @ 8:18 on March 19, 2020  

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

R640 – Bonds appear to be acting a little more normally this am

Posted by Buygold @ 7:51 on March 19, 2020  

JNUG, NUGT – you go man

These markets are nuts, USD absolutely screaming higher, pretty soon 1 USD will buy a car in China. 🙂

I noticed oil is up 10%, what I didn’t know was that it had gotten down to $20. Geesh.

GDX shows up 2.6% but NUGT shows down 18% – doesn’t compute.

I think we have quadruple options expirations tomorrow – yikes.

Map of Malaria and Covid 19

Posted by Maddog @ 5:41 on March 19, 2020  

Hope

Eeos

Posted by goldielocks @ 4:44 on March 19, 2020  

Your right, the whole worlds on fire and people are scared. No warning they just got cut off. And if they’re not scared enough they’re calling for martial law next in California. The person in the restaurant I learned they got closed down today. All the big stores like Macy’s already shut down. They’re already struggling.
Got a friend not well for other reasons but afraid to visit cuz of this if Ive been exposed. Some family can’t even visit family.
Did talk to someone from Canada today on a day off he’s doing well staking claims sticking with the phyzz. I’m learning a little of the business part of it. You have to know what your doing finding it though. Least some good news out there.

I don’t give two shites about the restaurants!!!!!

Posted by eeos @ 3:06 on March 19, 2020  

Seriously the whole world economy is at stake but all you hear about on social media is about restaurants and what we need to do to save them. Seriously people? Whole sectors are on FIRE, dead meat walking. This whole problem stems from commie CHINA!!! They are responsible for the smokescreen of bad information, this is a pox and crime on humanity. Make them foot the world bill for this crap, oh eff it, go ahead and just nuke ’em

Maya

Posted by goldielocks @ 2:43 on March 19, 2020  

Forgot to mention talked to someone in restaurant business things are slow and they are financially hurting. Said they are cutting back on tables separating them farther apart, have to wear gloves, have to wash everything on the table they use. That’s the ones left open and having a rough time.
Thing is and don’t want to give anybody ideas to turn people off to restaurants as would rather see that then bars but they are at risk of being exposed as well as the cooks by all the patrons. Same for store workers. Say if the Chef or prep person handling the food gets sick they can get the patrons sick. That has happened with other things like a chef who got hepatitis. Same thing can happen with take out only food or school lunches their handing out by those handling the food. Just like a kid who works fast food who’s skin has broke out with pimples. That’s staff on the skin.

Maya

Posted by goldielocks @ 2:22 on March 19, 2020  

Same here I heard the sites crashed. The bad thing is it don’t start till the day you sign up and they’re delaying it and think the first week don’t count as is but don’t quote me in that. I don’t believe on making us free citizens dependent on the system ie socialism but this time since they are forcing this shut down I hope they supplement like they are talking about sending checks till this is over and not held against those on unemployment or any aid to children or will cause long term detriment. Just hope all use it wisely and look down the road. Possibly crime. I can imagine a father who can’t feed his kids and rather than see them starve could be driven to crime.
I heard one talking head women well if they can’t go anywhere where are they gonna use it. Ah !!!! to pay their rent and pay bills for one which also goes back in the economy duh. Maybe if they cut her job she’d figure it out. Sheesh

Hawaii case count now 16

Posted by Maya @ 1:28 on March 19, 2020  

Ten in Honolulu, as the tourists continue to crowd into restaurants that defy the ‘suggested’ shutdown to takeout only.  Only one case on my Big Island.

Cruising thru downtown Hilo today, one bar & grill that caters to the boat crowd was jammed full of tourists.  All other local places shut dining rooms and were ‘takeout only’.

State Unemployment claims surged 500% and overloaded the website applications.  Office is closed to walk-ins and will only take appointments for personal service.

Gold Train

Posted by Maya @ 0:53 on March 19, 2020  

rrflasher-copy

The Zephyr at Winter Park,
with a party car bringing up the rear.
https://railpictures.net/photo/724732/

 

Got gold?

Posted by Richard640 @ 22:29 on March 18, 2020  

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.

The great Rick Ackerman

Posted by Richard640 @ 22:18 on March 18, 2020  
The Morning Line
Published Wednesday, March 18 at 8:31 p.m. EDT

Strong Dollar Challenges Myth

The U.S. dollar has been one of the few big winners lately, but this is hardly a good thing. If the greenback continues to strengthen, it will hurt U.S. multinationals whose overseas revenues are reckoned in currencies that would be falling. In addition, all who owe will need to repay their loans in dollars more dear than at the time they were borrowed.  And it will sink prices for a broad variety of commodities, particular crude oil, that have been used to collateralize a super-leveraged derivatives market worth perhaps $1.5 quadrillion notional. Do you see the problem?

Throughout its 25-year history, Rick’s Picks and its predecessor, Black Box Forecasts, have never wavered in their extremely bullish outlook for the dollar. In recent years, our projection for the Dollar Index (DXY), currently trading around 101, has called for a test of of highs near 120 recorded in 2002. When the buck slid to 71 between 2002-08, we saw this as merely corrective.

What a Fool Believes


Our outlook for the dollar is congruent with the deflationary bust that we foresee puncturing the epic asset bubble created by the central banks. Residential real estate is a big piece of it, and you can judge for yourself whether mortgage lenders will ultimately allow homeowners to pay off their loans with a few hundred-thousand-dollar bills peeled from their hyperinflated wallets. Yeah, sure.

This is just one of many reasons why a hyperinflation is not coming. Set against them is the entrenched belief that the Fed would never let deflation happen. Well, the dollar, along with the real burden of debt, soared on Wednesday — this despite the fact that President Trump was offering up a trillion dollar stimulus in an attempt to offset economic damage from the pandemic. Ordinarily we would have expected the dollar to reel from what amounted to the most powerful inflationary shock it has ever received; instead, it rose sharply. This was a wake-up call not only for the fools who still believe the Fed is all-powerful, but for those who think that debt doesn’t matter. [Note: These commentaries usually go out weekly on Sunday night. I have written more frequently lately because of the unprecedented turmoil that has roiled the markets. RA] 

Good ole Egon=right at last–he must be in rapture….LOL

Posted by Richard640 @ 22:07 on March 18, 2020  

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

Buygold–the DOW is up 400 and the 30 yr bond is UP over 3 handles tonite–WTF? Screwy, eh?

Posted by Richard640 @ 20:26 on March 18, 2020  

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

CALM DOWN (and wash your hands)

Posted by treefrog @ 20:14 on March 18, 2020  
CHINA, the country that has, so far, the most experience with CV-19 has had a little under 90k deaths from it. (a large portion of these were the elderly, the weak, and those with other illnesses.)
china’s population is 1.386 billion. my calculator (made in china) tells me that this is one in a little over fifteen thousand.
one.
in fifteen thousand.
get a grip,people. get a sense of proportion.
EDIT/CORRECT !!!
so sorry, that number (under 90k) is the confirmed cases, deaths are3,245 (as of monday)
confirmed cases are one in fifteen thousand
deaths are one in 427,118 (not quite half a mill !)
CALM DOWN !
(and wash your hands)

deer79 @ 19:02

Posted by ipso facto @ 19:11 on March 18, 2020  

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

Love this forum

Posted by deer79 @ 19:02 on March 18, 2020  

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?

Buygold @ 17:18

Posted by Captain Hook @ 18:31 on March 18, 2020  

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

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