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

Is this the beginning of the late 70-80’s type volatility?

Pretty crazy move in silver but gold too. Play the futures and get crushed.

All overbought conditions have been relieved.
Now we see.

This is what happens if u stray off the ‘bidden’ path.

We might fool around here for a bit but once the smoke clears, away we go again. IMO!

This behind a paywall…so I have posted the whole thing…

I want to preface this article by stating that it is entirely anecdotal and based on my experience working as a doctor in the emergency room of one of the big hospitals in Stockholm, and on living as a citizen in Sweden. As many people know, Sweden is perhaps the country that has taken the most relaxed attitude towards the Covid pandemic. Unlike other countries, Sweden never went into complete lockdown. Non-essential businesses have remained open, people have continued to go to cafés and restaurants, children have remained in school, and very few people have bothered with face masks in public.

Covid hit Stockholm like a storm in mid-March. One day I was seeing people with appendicitis and kidney stones, the normal things you see in the emergency room. The next day all those patients were gone and the only thing coming into the hospital was Covid. Practically everyone who was tested had Covid, regardless of their presenting symptoms. People came in with a nosebleed and they had Covid. They came in with stomach pain and they had Covid.

Then, after a few months, all the Covid patients disappeared. It is now four months since the start of the pandemic, and I haven’t seen a single Covid patient in over a month. When I do test someone because they have a cough or a fever, the test invariably comes back negative. At the peak three months back, a hundred people were dying a day of Covid in Sweden, a country with a population of ten million. We are now down to around five people dying per day in the whole country, and that number continues to drop. Since people generally die around three weeks after infection, that suggests virtually no one is now being infected. If we assume around 0.5 per cent of those infected die (which I think is very generous, more on that later) that means three weeks back 1,000 people were getting infected per day in the whole country, which works out to a daily risk per person of getting infected of 1 in 10,000. And remember, the risk of dying is at the very most 1 in 200 if you actually do get infected. And that was three weeks ago. Basically, Covid is in all practical senses over and done with in Sweden. After four months.

In total Covid has killed under 6,000 people in a country of ten million. A country with an annual death rate of around 100,000 people. That makes Covid a mere blip in terms of its effect on mortality.

That is why it is nonsensical to compare Covid to other major pandemics, like the 1918 pandemic that killed tens of millions of people. Covid will never even come close to those numbers. And yet many countries have shut down their entire economies, stopped children going to school, and made large portions of their population unemployed in order to deal with this disease.

The media have been proclaiming that only a small percentage of the population have antibodies, and therefore it is impossible that herd immunity has developed. Well, if herd immunity hasn’t developed, where are all the sick people? Why has the rate of infection dropped so precipitously? Considering that most people in Sweden are leading their lives normally now, not socially distancing, not wearing masks, there should still be high rates of infection.

The reason we test for antibodies is because it is easy and cheap. Antibodies are in fact not the body’s main defence against virus infections. T-cells are. But T-cells are harder to measure than antibodies, so we don’t really do it clinically. It is quite possible to have T-cells that are specific for Covid and thereby make you immune to the disease, without having any antibodies. Personally, I think this is what has happened. Everybody who works in the emergency room where I work has had the antibody test. Very few actually have antibodies. This is in spite of being exposed to huge numbers of infected people, including at the beginning of the pandemic, before we realised how widespread Covid was, and when no one was wearing protective equipment.

I am not denying that Covid is awful for the people who do get really sick or for the families of the people who die, just as it is awful for the families of people who die of cancer, influenza, or an opioid overdose. But the size of the response in most of the world (not including Sweden) has been totally disproportionate to the size of the threat.

Sweden ripped the metaphorical band-aid off quickly and got the epidemic over and done with in a short amount of time, while the rest of the world has chosen to try to peel the band-aid off slowly. At present that means Sweden has one of the highest total death rates in the world. But Covid is over in Sweden. People have gone back to their normal lives and barely anyone is getting infected anymore. I am willing to bet that the countries that have shut down completely will see rates spike when they open up. If that is the case, then there won’t have been any point in shutting down in the first place, because all those countries are going to end up with the same number of dead at the end of the day anyway. Shutting down completely in order to decrease the total number of deaths only makes sense if you are willing to stay shut down until a vaccine is available. That could take years. No country is willing to wait that long.

Covid has at present killed less than 6,000 in Sweden. It is very unlikely that the number of dead will go above 7,000. In an average year 700 people die of influenza in Sweden. Does that mean Covid is ten times worse than influenza? No, because influenza has been around for centuries while Covid is completely new. In an average influenza year most people already have some level of immunity because they’ve been infected with a similar strain previously, or because they’re vaccinated. So it is quite possible, or in fact likely, that the case fatality rate for Covid is the same as for influenza, or only slightly higher, and that the entire difference we have seen is due to the complete lack of any immunity in the population at the start of this pandemic.

This conclusion makes sense of the Swedish fatality numbers – if we’ve reached a point where there is hardly any active infection going on anymore in Sweden, in spite of the fact that there is barely any social distancing happening, then that suggests at least 50 per cent of the population has been infected already and has developed immunity, which is five million people. This number is perfectly reasonable if we assume a reproductive number for the virus of two: If each person infects two new people within a five day period, and you start out with just one infected person in the country, then you will reach a point where several million are infected in just four months. If only 6,000 are dead out of five million infected, that works out to a case fatality rate of 0.12 per cent, roughly the same as regular old influenza, which no one is the least bit frightened of, and which we don’t shut down our societies for.

I thought $29.12 might hold silver for a while. Good support at around $25.60 and then $24.00. They have to take profit somewhere.

Scruffy lived in Arkansas.

rno

Summer flu has killed 5 times as many people as Bat Clap last week…928 vs 193…….in the UK.

Trying for a $100 down day.

Scruffy was a poster on GE and here….he got the Big C after retiring and moving to I think Arizona, to play golf and travel……last I saw was him saying he might have the Big C beat…but nothing more was heard…so I guess he lost out….

the scum are the Fed/JPM/GS etc.

Cheers

just like the machines all ran the other direction at once, but no collusion involved. It’s just normal market forces at work

No covering in the Crimex in the last hour, especially for silver.

Just hoping this correction will be short and violent.

Never know with pm’s.

We should know when the shares stop falling.

Gold has dropped $ 90 today, in a straight line…any normal mkt would have had a decent bounce or 3 by now….we have just spent the last 4 hrs plus in a $ 18 range of the low….that just ain’t normal.

London did their job to provide cover for New York.

Will be interesting to see if the Crimex crooks decide to cover some positions here in the last hour NY is open.

Bought a little Alexco @ $2.66 and added some Wallbridge at $.68 earlier this am.

I’m probably early on both.

Were you at one time years ago, called yourself Scruffy? Or something like that? To me the scum are the ETF buyers, futures buyers, the algo computer trades etc. They buy and sell mostly nothing physical , just “voting” hunches and opinions, of the future price.  So in reality, the “opinions” make the price, until the “wrong” price gets so removed from reality, the trend changes.

In other words, the betters ran, or voted the Gold price up too high too soon, re over $2,000/oz. as they clicked away. Unfortunately, the Physical buyers have to PAY that price at the dealer. Same when its too low.

Many are counted as Covid deaths that are really from heart attacks, cancer, stroke and even motor vehicle accidents. So, I think that the numbers as provided are actually on the high side.

Authored by Tom Luongo via Gold, Goats, ‘n Guns blog,

Trump Destroys Abusive Democrats In Stimulus Showdown
President Trump won re-election this weekend with his four executive orders.

We haven’t even reached the DNC convention in Milwaukee and it looks to me like this election season is over.

I know the polls keep trying to convince me that Joe Biden, most likely suffering from dementia, is leading President Trump but I just don’t buy it.

https://www.zerohedge.com/political/luongo-trump-won-re-election-weekend

$%&@@*@!! It’d be cool to be able to buy back my SLW cheaper than $40 where I sold part of my position a couple of months ago. I was too aggressive in my sell mentality and didn’t think it could go so big

SLV still has an RSI around 68

Volume isn’t huge on either. HUI RSI in the 40’s now.

We’ll see how deeply oversold they’re going to try to take this.

a) cv-19 has killed 165,000 americans as of sunday.

b) the u. s. population is 330,000,000

1.  to get one percent of the population, knock off two zeroes.  you get 3,300,000
2.  to get one tenth of a percent of the u. s. population, knock off another zero.  you get 330,000
3. to get one twentieth of a percent of the u .s. population, divide by two.  you get 165,000
4. THAT’S RIGHT !  WE HAVE BEEN STAMPEDED INTO PROFOUND ECONOMIC, SOCIAL, AND POLITICAL TURMOIL OVER    **** ONE TWENTIETH OF ONE PERCENT !!! ****  (the vast majority of whom were old, and/or sick, and/or weak)

blob:https://www.brighteon.com/a52b09c7-1d49-4ff9-b1ae-dc1b8c937fa8

I see that comes up as a 404. Here’s the transcript.

TRANSCRIPT

In 2010, Forbes magazine accurately reported on the WHO’s fraudulent response to the Swine Flu. The Parliamentary Assembly of the Council of Europe declared, “The false pandemic is one of the greatest medicine scams of the century.”

By their own rules, a pandemic requires “simultaneous epidemics worldwide, with enormous numbers of deaths and illness.” Eleven weeks into the outbreak, only 144 people had died worldwide. And the WHO declared a pandemic. Just one month before, they changed the rules – you could now have a pandemic with zero deaths. And when questioned, they claimed the old rule never existed.

The WHO Director, Dr. Margaret Chan then went on to push Left Wing politics; the redistribution of wealth for “equity” and “social justice” and claimed that a welfare state is not the enemy of Globalism.

Over $18 billion was misallocated on this fake pandemic. In 2005, Dr. Peter Doshi published a paper entitled, “Are US Flu Death Figures More PR than Science?” drawing upon data from the CDC.

The CDC bundles together influenza and pneumonia and counts them together, which is strange, because according to their own data, there are far more deaths caused by pneumonia than the flu. For example, out of the sixty-two thousand pneumonia and influenza deaths from 2001, only 18 cases were lab-confirmed influenza: 0.03%.

From 1979, there were an average of 58 influenza deaths per year. In 2004, CDC Director Glen Nowak gave a presentation, wherein he called upon the media to state concern and alarm, predict dire outcomes and urge influenza vaccination. The flu Protection Act required the Secretary of Health and Human Services to conduct public influenza awareness campaigns preceding every flu season. Sales of the flu vaccine began skyrocketing, bringing in billions of dollars to the manufacturers.

All for something that kills on average less than 100 people per year.

In 2007, The New York Times published an article entitled, “Faith in Quick Test Leads to Epidemic that Wasn’t.” It explains how the same PCR tests used now for COVID-19 misdiagnosed over 100 health workers in New Hampshire and rang the bell for a whooping cough epidemic that turned out to be just the common cold.

The PCR tests were never meant to detect a specific virus, and yet, they are being used today to detect COVID-19. The CDC even admits that the PCR test will detect any viral infection as COVID-19, including the common cold.

The current data from the CDC on COVID-19 shows the same fakery that we have seen so far. Just as the CDC falsely counted pneumonia deaths as influenza deaths in the past, they are now counting pneumonia and influenza as COVID-19. You can see it clearly in the CDC’s own data. Beginning in the end of March, right after the shutdown began in the US, peumonia and influenza deaths dropped to zero, just as COVID deaths began to surge.

COVID-19 is a quantifiable hoax. After years of Big Pharma fraud, we are witnessing their greatest swindle yet and the amount of people wearing masks only illustrates how effective their scam is.

Will the mask-wearers take the experimental vaccine for fear of what amounts to be the common cold?

but will the scum make sure that idea fails…..

no other sector on earth acts like this. stackers are going to win.

The left media like the Washington Post, New York Times, and CNN protect Fauci and have constantly come out against hydroxychloroquine. They insist we all must be vaccinated or be denied the right to freely move, hold a job, or travel. Fauci is working with Bill Gates; he and Gates talk all the time and are involved in this vaccine conspiracy, so naturally, Fauci will always reject any study of hydroxychloroquine.

Here is a clip of Gates publicly admitting he is in a partnership with Fauci to bring in vaccines. This is his ONLY solution and they will not listen to anything else. It is astonishing how US agencies are allowed to accept money and be taken over by private donors. The left media protect Fauci and Gates, and if Trump really does clean up the swamp, this is a good place to begin. However, the press will call this political and abuse of process. So Fauci and Gates get to mislead the people and are above the law.

History being made: Put/Call ratio’s 50 dma is at the LOWEST level in the past 20 years. Even less extreme cases led to pullbacks/corrections.

Wallbridge Intersects 24.61 g/t Gold over 15.00 Metres in the Lower Cayenne Zone, Opening Up New High-Grade Growth Potential

https://finance.yahoo.com/news/wallbridge-intersects-24-61-g-113000192.html