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

Where have we been ……….   Where are we going to ……  not down

Onward Pilgrims

Winedoc

After Slamming Western Media “Hype”, Chinese Officials Issue Highest Flood Alert As Three Gorges Dam Pushed To Limits

The Huaihe River Commission of the Ministry of Water Resources issued its highest flood alert Monday after the water level on the major river, located between the Yellow and the Yangtze Rivers, reached dangerous levels.

The water level at the Wangjiaba hydrological station on the Huaihe River reached 29.7 meters on Monday, well above the danger level of 27.5 meters.

https://www.zerohedge.com/markets/china-flood-waters

there’s some friggin’ in the riggin’ – it looks like something came unstuck.  what?  good question.

Kinda looks like the cretins have lost control. Don’t it! 🙂

…up almost a buck in the last 45 minutes!!

QE to Infinity, followed by Gold balancing the balance sheets of the sovereign balance sheet disasters. Just as there is no tool other than QE to feign financial solvency, there is no tool to balance the balance sheet of the offending entities other than Gold. It is just that simple. –Jim Sinclair

Goldtent Oasis 2020 Fundraiser… Checks or other types of funds received from

treefrog
old-timer
amals
Maya
Mr. Copper
Midnight Gardener
Deer79
Surveyor
goldielocks
Richard640
drb2
redneckokie
silverngold
Buygold
An anonymous friend from BC who is “helping to keep the “Tent” alive
Samb
mruk
an anonymous friend from Oregon
Aquila
Alex Valdor
puptent
Maddog
warren
ipso facto

Thanks for your support!

Samb
mruk
an anonymous friend from Oregon

Thans for fulfilling your pledges!

https://twitter.com/LynAldenContact/status/1285585286714490880/photo/1

The Gold Short Squeeze Is Getting Physical, Beware The ‘Others’

snip

Conclusion
I suspect, though I cannot prove, that there isn’t all that much physical gold backing unallocated bullion accounts in London used by swaps to notionally hedge their Comex shorts in New York. If there was, then why not import the gold from London where it theoretically is? Isn’t that the point of being hedged physical gold in London? If there isn’t much there, that might be why so much gold is being imported specifically from other places into JFK, presumably much of it to the Comex vaults, which must be within a certain radius of New York City by Comex rules.

Comex now has enough gold in its vaults to cover 207,848 contracts. The active August contract still has 289,325 contracts of open interest on it at the time of writing July 19. We’ll see how many traders roll August into December by July 29 and how many do not, and how much physical gold Comex has left over come that date and into August. I suspect that much of the gold being imported into the US through JFK is being imported to physically cover the swaps’ Comex shorts. If even more “Others” stand for delivery on the 29th, the swaps will have to import even more. And the physical gold short squeeze, I believe, already well underway, will intensify still further.

https://seekingalpha.com/article/4359356-gold-short-squeeze-is-getting-physical-beware-others

http://schrts.co/hyqTzgHM

I guess it’s not too late.

You can contact me at the email address at the bottom, right of the sidebar.

Thanks

Thanks for all the royalty co. info I will check them out.

“A small dog is better than a cat though”

LOL You got that right! My present dog is 60 lbs medium size I guess. The good thing about smaller dogs is if they get sick you can pick them up and carry them easier, take them to the vet. Bigger dogs can defend themselves against coyotes and other dogs etc.

Would like me to make a pledge

“two bucks”

LOL That WAS a long time ago! I don’t think $100 silver is unreasonable in the next couple of years. The way they are printing money it could be more. Just guessing.

Bulls have been waiting for years just for this moment…these possible historic breakouts…I am giving every benefit of the doubt to G&S…maybe a stock crash could halt the rally…maybe…then there are the “high rsi worrywarts” that should soon appear…good luck to all….DYOD JMO etc etc

As for the stock mkt…why is the 10 yr up 6/64ths…not much…true…but why up at all?

From Sentiment Trader yesterday:

silverngold @ 15:28 where he suggested you check out Metalla (MTA.V).  Although Metalla was originally formed in 1983, it is only in very recent years that the public has taken notice of this streaming company.  We have held it in our core PM portfolio since this stock caught public attention in the past few years, and we have no intention of parting with it for any reason.  Metalla’s website lists their streaming partners.

But there are plenty. In order of market cap, biggest caps first:

FNV $28 bil/cap, WPM RGLD SAND OR MMX EMX MTA ELYGF SROYF $49 mil/cap. Bigger caps safer, smaller caps higher risk higher return?

The first three, and 5th and 6th pay divs, the 4th no div.

they have let the Dog go here, whjich is hitting all the SM…PM’s may follow.

That is a long time. How high do you think silver will go in the long run

I like Black Labs. I had one it was so smart, looked me in the eyes and paid attention. Understood what ever I said. No fences here, busy road, I could let it out the front door and she’d bring in the paper.

I could let her out the back door, wouldn’t leave the property about 3/4 acre, and if I clicked the storm door handle 5 clicks it would come running in. If I couldn’t see her? I do 1 or two clicks?

She would stick her head in view of the door like “I’m ok I’m here”. Also if I made her smell something? Then I’d hide it and she’d find it real east. She’d even fetch your sneakers.

Welcome back … to a new more prosperous Oasis! 🙂

WPM is a blue chip in the royalty business. Makes lots of Moolah. I just picked up some Elygf today. Riskier but hey this is a Bull Market!