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

Zimbabwe signs billion-dollar deal to repay white farmers

HARARE, Zimbabwe (AP) — Zimbabwe’s government on Wednesday signed a deal with former white farmers to pay them billions of dollars in compensation roughly two decades after they lost their land in often violent invasions.

But because the government does not readily have the money, the farmers will be part of a team tasked with raising the cash.

About 4,000 farmers lost large swathes of land when Zimbabwe’s late leader Robert Mugabe launched the often-chaotic land reform program which he said was aimed at addressing colonial-era land inequities. White farmers had owned the majority of prime farmland. Agricultural land now belongs to the government.

more https://apnews.com/cca5777366726c485510f4efc48bd367

Ending the third week of July Gold closed at a record of $1897. This was above the prior closing high in 2011 of 1874. That’s a +1% break = Still bullish and still buy dips. At the risk of over simplifying, a chart that is smiling should be bought and held.  Our target range from over a year ago is $2114-2296 however using the below we can calculate a few more levels to be aware of including 2379 and possibly 2691.

The way this lot is trading, u can buy anything here and it will go up…I’m even long the S&P and that just keeps coming back…though it will probably smack me now

Cheers.

the only way the scum can get PM’s down, is to let the SM go…and that is heresy .

Ok roger that thanks for the comeback.  I just took a shot and bought 250 shares of MTA, a royalty that’s been climbing even today +4.68%. Looks like it even pays a little div.

https://finviz.com/quote.ashx?t=mta

https://finance.yahoo.com/quote/MTA?p=MTA

Yr right

Revaluing Gold as I said, is the only hope, otherwise we all end up as Junk countries…..byt tks to Gordon Brown the UK will still be a Junk country as we have damn all left…and u guys better hope no one takes a drill into Fort Knox !!!!

U don’t need the Fort Knox to be not there…..none of the ETF gold is there, or damn all is, the rest is all paper ..when that blows and it will…then questions start about Fort Knox.

The ETF flows are massive, yet have no effect on the mkt, where as Sprott has proved loads of times any decent sized deal, takes weeks/months to fill.

I always thought that if the USA, REALLY does have the biggest hoard of Gold in the world, and if a global economic financial currency collapse unfolded, the USA would be the leader again, with global reserve status currency again.

I believe that’s why they have $50 stamped on a one ounce Gold Eagle. Without bothering to use a calculator, just for example, with Gold at $10,000 and a new system NEEDED, back to the past, a reversal of the 95% loss of US Fed note purchasing power, I can imagine gold bugs cashing out at $10k per coin, and turning in $50 old dollars for one $1 new gold backed dollar.

All bank accounts, brokerage accounts, checking accounts etc would need to be adjusted $50 for every $1 over night like a 50 to 1 reverse stock split. The US Fed Notes have simply devolved from real money in 1913, into the stock share price of the USA corporation.

The Scum will have to eat some humble pie. 🙂

assumes the GOLD is THERE !   What if its not ?   its got to be audited  ,the last time that happened was when EISENHOWER came to office .

If its not audited or not there…LOOK OUT ,its KATY BAR THE DOOR !  The Bond MARKET will collapse ,and thats BIGGER than the Stock Market……!!!

if you’re a Robinhooder and you’ve been punting Tesla….what is happening in PM so far is chicken feed, the volatility and price movements have to get a hell of a lot bigger to scare them out.

scum telling all their gummy mates we are stopping this rally and get short.

Dec just broke 2 K. and it is front month…so they cannot have that being talked about.

Down another half percent.

Considering the DXY has gone from just above 100 to just below 95, where will gold be if the dollar hits old lows in the 70’s?

Seems to me it will be a lot higher. $3, 4, 5K???

God help us if it loses reserve status.

I have no idea how true the idea is, but the only way the US in particular can not look like a dead beat debtor, is by allowing Gold to go to say $ 10,000 plus…

and the more they print and they will, the higher it will have to go.

Mr. Copper – Yep, I’ve noticed over the years that a lot of times when the metals sell off before the announcement they tend to do OK afterwards. Course, these are extremely bullish times for the metals.

Maddog – FT, HA! yeah a real friend and advisor to us plebes.

Robinhood traders are trying to break the gold and silver markets despite the scum keeping the pressure on the shares. JNUG just popped positive, I suspect the HUI is on its way to green as well.

This appears to be a bull run in pm’s for the big boys. No major selling allowed.

Re the Scum? As Ralph Kramden used to say…

“One of these days Scum, you are gunna get yours” “Pow zoom, to the moon” “Pow right in the kisser Scum”

Hi Mr Copper….nice of u to drop by.

looks like scum are trying to make the mkt PM look nervous , by stopping PM shares leading.

Anything else I should know??

P.S. Check out this 3 month relative performance bar chart. Normally “neutral” is the middle but its all the way down.

https://finviz.com/futures_performance.ashx?v=14

One Year View: https://finviz.com/futures_performance.ashx?v=16

Watch CDE, it was my biggest worst dog, but its been attracting attention I assume because so may others got so high. Watch HL too. For silver. CDE has a silver reputation, but is very gold related.

Who reads the FT …tramps if they find it lieing around on the floor ????…

It would have gone bust years ago if the Japanese hadn’t bought it, as a trophy, plus its building was in a v good City spot, worth a fortune the land alone.

Now as so often with the Japs they are too proud to sell it off, as it would be worth damn all.

Ipso – yes, same problem with stockcharts

Maddog – who reads the FT anyway? How long of an effect will their hatchet job have?

What the FT can’t control is the fall of the USD, which is getting hit yet again, not hammered but down almost another half %.

Course the impotent Fed comes out again and will no doubt pledge to add liquidity wherever needed. May smack gold, but sure won’t help the USD. JMHO.

“FT hatchet job”

I guess that’s SOP for the cretins. Must have scared them seeing gold run up so fast and threatening their monopoly money project.

I don’t trust BTC one bit and the idea of an electronic currency being established is a nightmare for freedom loving people. It comes under the heading of “now you see it now you don’t.” Yeah I’m sure the crooks love it!

Out for a bit got to go mow the lawn before it gets hot.

I see the FT did a hatchet job on Gold, reminding everyone it is a pet rock that pays no interest etc..and saying it will soon ga back down after this spike.

What I see as very disturbing, is the way Bitcoin has suddenly woken up, that move stinks of it being a scum product to take money away from PM’s…why else is it still around, when most of the participants are outright crooks.