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

CALM DOWN !

Posted by treefrog @ 9:25 on March 16, 2020  

(and wash your hands)

No photo description available.

so let’s see here

Posted by eeos @ 9:17 on March 16, 2020  

record levels of $$$$$$$$$$$ creation and Gold and Silver sink to the bottom, more proof the creature controls everything. I love it

This could be the final plunge today-The DOW down 2000 to 5000 pts and gold down 50-100

Posted by Richard640 @ 9:06 on March 16, 2020  

Today marks the maximum in pessimism…and bottom for gold and stocks–buy with all three hands!

I hope the mining companies can forgo selling any metal at these ridiculous prices

Posted by ipso facto @ 8:45 on March 16, 2020  

Maddog, R640 – Bonds

Posted by Buygold @ 8:21 on March 16, 2020  

I would’ve thought the Ten Yr. would be down a lot more – .78% now.

Last week it got as low as .51%

So Fed is doing $700 billion of asset purchases, probably going to need closer to $10 trillion when all is said and done.

This market is hard to grokk. Dollar is getting printed like Weimar and gold is plumbing the depths? Not for long I’d guess.

Posted by ipso facto @ 8:18 on March 16, 2020  

So the DIA is set to open down 10%

Posted by Buygold @ 8:13 on March 16, 2020  

which of course means the SM will be halted after the open.

Have to wonder if this goes on for a few more days, if they’ll just shut the SM down altogether.

So many bargains in pm shares if we can find a bottom.

COTS ended up being right after all

Posted by Buygold @ 7:58 on March 16, 2020  

Now, I don’t think you can buy silver anywhere on the planet for $12 but the scum can cover for a nice profit down there, and gold at $1400 too.

Obviously phyzz has now completely detached from the paper markets.

I guess we’ll see what they do at the Crimex.

Silver down 20% though? really?

Maddog…agreed…it’s notify next of kin and abandon all hope for gold…

Posted by Richard640 @ 7:14 on March 16, 2020  

What the hell is behind this virus hoax? Izzit to get Trump out? To eliminate hard currency and to go all digital??????

Empty NY subways…ridiculous–could u imagine if the media and government reacted this way to the yearly flu season…and this covid-19 is no more virulent than any other flu

BY THE NUMBERS, Via the CDC: 2019 Flu – 22,000 Dead and 36 Million Infected …2019-20 Coronavirus – 50 Dead and 2,340 Infected

UPDATE-The numbers presented are the latest numbers from the CDCand the World Coronavirus Map

R640

Posted by Maddog @ 6:34 on March 16, 2020  

The only way we will see $ 1750, is if the scum are taken out……

The Fed has done everything a Bug could want, Gold should be flying as a standout investment, so Hi that only it’s height scares off new buyers…..but the scum know that, so they continue to crush it.

Tengo ojos….

Posted by Richard640 @ 6:30 on March 16, 2020  
When I woke up at 4:20am and saw silver down 1.30 I went straight to the pre-mkt and sold….even though gold was still up $10
 

Filled Sell 20000JNUG Limit5.64——04:35:22 03/16/20

Never mind that the $ index is down .904 and the 30 yr Bomb is up 3+17/32 handles

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

Courtesy Mike Ballinger

Posted by Richard640 @ 2:53 on March 16, 2020  

Image

Image

The only way we DON’T see $1,750 gold in the next month is if the $SPX prints sub-2,351; deflationary collapses in stock markets tend to bring ALL assets down, including the biggest bank collateral of all – housing – and that will NOT happen.

Gold Train

Posted by Maya @ 0:22 on March 16, 2020  

rrflasher-copy

Mining the Andes
https://railpictures.net/photo/724758/

 

R640 – Good luck

Posted by Buygold @ 19:56 on March 15, 2020  

I think you’ll be lucky to have any profits by the open tomorrow.

Silver is the clue, up a whopping $.10

Eeos–yes, they could-we’ve seen it many times before

Posted by Richard640 @ 19:24 on March 15, 2020  

7:20–Kitco got its act together showing spot up $28–if that holds at least my quickie $60,000

Posted by Richard640 @ 19:22 on March 15, 2020  

profit should be intact tomorrow

At a point like this paper and phiz could

Posted by eeos @ 19:21 on March 15, 2020  

diverge.

Another tour de force by the great Rick Ackerman=The Morning Line Published Sunday, March 15 at 6:30 p.m. EDT The Market’s Fatal Neurological Disease

Posted by Richard640 @ 19:14 on March 15, 2020  

 

 

It feels odd to be characterizing Friday’s 2000-point rally in the Dow Industrials as “just noise,” but that’s what it was. It’s a safe bet that almost none of the buying was driven by optimism about how pandemic news would play out over the weekend. Who could predict such a thing? Uncertainty reins, and the only thing that seems certain at this point is that the normal flow of life and business in the U.S. and around the world will face more disruptions than anyone could have imagined even a week ago.

We look to the news media to make sense of it all, but those who write about such world-shaking events as have occurred recently often seem as confused as the rest of us. On Friday afternoon, for instance, when the Dow Average closed with its biggest gain ever, most of it achieved in less than an hour, the Wall Street Journal headlined its digital front page with this unintentionally wacky mash-up:  Stocks Soar as Trump Declares National Emergency. Linking these two events sounds preposterous, doesn’t it? The editors must have thought so too, since the headline was quickly changed to: Stocks Rise Sharply as Haywire Week Wraps Up.

A Fatal Disease


Haywire would be an understatement, for it was the craziest, most volatile week in stock-market history. That’s because machines are doing nearly all of the trading these days, and the algorithms that instruct them are programmed to detect and exploit the stock market’s every cough, sneeze, hiccup or belch before any living thing feels even a slight tremor. It was bad enough when short-covering humans with hair-trigger reflexes could cause stocks to soar for little or no reason. But when ten thousand thinking machines are set against each other to accomplish the same thing, except profitably, the predictable reaction is irrationality on an epic scale. The embarrassing thing — for civilization, that is — is that trillions of real dollars change hands when these melt-ups occur. It is plain to see that the markets are riddled with a fatal neurological disease for which there is no possible cure other than getting reset by a bolt of lightning.

R640 – yeah that sucks

Posted by Buygold @ 19:11 on March 15, 2020  

Scum better work hard overnight to get the SM up by morning.

No way can they allow the SM to be down after a big liquidity move like they just did.

OTOH, Gold is acting like an effing pet rock tonight. It should be exploding, but the paper markets dominate.

Disgusting.

Buygold–thanks for keeping me company–spot gold chart-up $15 and change…

Posted by Richard640 @ 19:02 on March 15, 2020  

https://www.kitco.com/charts/livegold.html

This link below shows april gold futures up $32…down from the high of up $47….Kitco real-time spot shows gold up $14.50…in 30 yrs, I’ve never understood this discrepancy…have you? anyone?

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

 

R640 – Glad you showed up, was talking to myself

Posted by Buygold @ 18:37 on March 15, 2020  

so, DOW futures down a little over 1K, I guess the Fed shooting all their bullets at one time scared the markets?

Gold now only up $22 with silver up a measly $.29.

Your shares will tell the story tomorrow as to where the metals are headed.

All this for a bullshit, gov’t manufactured crisis. We live in the matrix.

Bye ! Bye! gold?–up 19.50…bye! Bye! my profits? Boo hoo…

Posted by Richard640 @ 18:30 on March 15, 2020  

The fiasco known as gold…up $34–[Buygold=agreed!! G*d only knows where it’ll be in the a.m.]

Posted by Richard640 @ 18:25 on March 15, 2020  

On the open of trading tonight, Bloomberg had a special large ticker showing the DOW, gold and treasuries…and the announcer commented that gold was rising….that lasted about 5 minutes then the ticker was gone and the gold quotes on the bottom ticker are pretty much gone…I saw gold up as much as $45…then they knocked that down…oops! A quote just appeared up $41…lets see if that will hold until 9:30 am tomorrow…even if gold is still up, they could still hammer the shares…anyway, this is better than being down $40…crude opened up a bit then rolled over….now down a buck…gold up 34….pecking away at it…6:23 pm

Gold up $40, Silver up $.30

Posted by Buygold @ 18:20 on March 15, 2020  

Sorry, that doesn’t cut it. I’m looking for gold up $100 and silver up over $1

Maybe it’s because the DOW futures are down almost 600

Did the Fed scare the SM?

QE5 too!!

Posted by Buygold @ 17:20 on March 15, 2020  

Fed Panics: Powell Cuts Rates To Zero, Announces $700BN QE5, Unveils Enhanced Global Swap Lines

And there it is.

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