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

Gold Train

Posted by Maya @ 23:36 on August 13, 2020  

rrflasher-copy

Climbing the S-curves, up the front range
https://railpictures.net/photo/737706/

 

Comex silver

Posted by redneckokie1 @ 22:55 on August 13, 2020  

I expect a close on Friday at $29.00 or $26.00. Just too volital to close anywhere close to unchanged .

I’m thinking outside markets will be supportive.

Wanka used to say my crystal ball was capable of lying on occasion.

rno

RNO – your $27.50 seems to be critical

Posted by Buygold @ 20:34 on August 13, 2020  

we breeched it in the AH and they’ve pulled it right back below.

Should be interesting tomorrow as we’ll get some kind of weekly close – Maddog measures those.

PM’s are a box of chocolates….you know the rest…

Posted by Richard640 @ 19:35 on August 13, 2020  
Wednesday, August 12th

Nasdaq up more than 2%. 

 
Volume in down stocks makes up more than 50% of the total This has never happened before.

There have been a handful of days when declining volume accounted for more than 40%…

04/05/99

03/21/00

03/31/00

04/17/00

05/24/00

08/03/00

Comex silver

Posted by redneckokie1 @ 19:13 on August 13, 2020  

High moving average is now at $27.80. Need a little help to get a good close on Friday.

rno

Peoria

Posted by Ororeef @ 17:39 on August 13, 2020  

WATCH: Illinois Boys’ Lemonade Stand Robbed at Gunpoint

1:05

Two boys were robbed of their hard-earned money while running a lemonade stand in their front yard in Peoria, Illinois, last week, according to a surveillance video.

According to the video provided by neighbors, two boys believed to be teenagers snatched the cash box with about $30 inside after one of the teens approached the stand with what appeared to be a firearm.

One boy’s father called it a “terrifying” situation but was moved by the response in the community.

Some people paid $20 for a glass of lemonade after they heard about the situation.

“One guy in particular he came back like a half-hour later and he had all these bags of chips and candy and everything and he’s like hey you can sell this at your stand…and helped set it up, so many people just stopped and said things to the boys like don’t quit, don’t let this discourage you,” Nathan Peterson told KETK.

WMBD reported that the Peoria Police Department is investigating the incident.

Richard

Posted by goldielocks @ 17:38 on August 13, 2020  

And don’t forget to line up and get your vaccine so the left can magically make this all go away and they resurrect all the dead they caused while they’re at it.

this hyper bubble is about to blow,

Posted by Richard640 @ 17:27 on August 13, 2020  

Anyone who thinks this the peak unemploment is delusional, that the worse has past, fact is to many claim are deiberatly delayed, to many get denied, to many drop off for refusing to rick their lives to work, to many corrupted figures in the run up to the election some are desperate to win, will do anything to make things look better than they are, the income loss as a hit to the economy is so vast anyone thinking about recovery will be mentally scard. This is a depression, evictions are just about to start, no debt payment have been paid for months, on all forms of debt, bond yields are starting to spike as a message to those who think QE is infinate, the Dollar is under attack to keep markets high, this hyper bubble is about to blow, the Dollar will spike to 110 (DXY), yields will go negative even on the 30yr, property prices will collapse, wait & see how this is merely the start of a horrific, it will make 2008 look like a trivial matter, the Fed will come in like a recking ball will more QE & make it even worse. People will think it’s armagedon believe :/

All this (falling bond and stock prices and rising vol) was bad news for Risk-Parity funds and may lead to some exaggerated swings as forced deleveraging takes place…

Posted by Richard640 @ 17:15 on August 13, 2020  

Bonds & Stocks Battered After Bombed Auction, Silver Soars

ZH readers comments=

Tuesday was so vicious the majority of the leveraged speculators and weak hands (think robinhood noobs) got flushed out. I was expecting that move but over the course of maybe 7-10 tradings days, not all at once. I didn’t F around and bought more of Sprott’s physical gold and silver fund almost at the exact bottom (ticker CEF on the TSX) in my tax free account. I was very surprised my target got hit in a 1 day purge.

**********************************************************

As I said before, this rally feels a lot different than a decade ago.  I’m not kidding myself, there will be other smack downs, but I can deal with that.

Yes, I added quite a bit to AGQ when it dropped 25%.  I normally then sell the gains and buy physical, but for now I’m letting it ride.

*********************************************************

I was on the verge of ordering another mini monster box of 250 Perth Mint kangaroos and hesitated, thinking wait another day as the banksters will likely smash it down even more! Oh well, as the phrase goes…. he who hesitates is lost!

************************************************************

Well! Well! That big chunk of ASM I bought a while back is really returning well. Can’t have PMs without PM miners can we?

**************************************************************

Bonds & Stocks Battered After Bombed Auction, Silver Soars

Mark Gutman (@MarkGutman9) noted this odd move:

Interesting to see Gold up & Bonds down.Yields are kept low so there isn’t enough demand at the price. Fed will be forced to buy more to keep yields low, in turn pushing fair prices higher thus reducing demand even more – forcing the Fed to buy even more. Cycle of death.

Of course, all this (falling bond and stock prices and rising vol) was bad news for Risk-Parity funds and may lead to some exaggerated swings as forced deleveraging takes place…

The Dollar ended the day lower but rallied as the SHTF this afternoon…

Source: Bloomberg

rno, re: a silver close over 27.50

Posted by treefrog @ 17:08 on August 13, 2020  

didn’t make it, but it got close enough for biden to sniff it!  netdania printed 27.49650

Re The 75 year global Leftist dominance that led to the 2008 financial crash, the rioting, the covid virus, the Trump haters and everything else that seems stupid, like restrictive shower heads, plastic bag, SUV and gun haters, and mandatory light bulbs

Posted by Mr.Copper @ 17:02 on August 13, 2020  

Below for entertainment, parts of Ted  Kaczynski’s views re leftists.

Furthermore, if the system survives, the consequences will be inevitable: There is no way of reforming or modifying the system so as to prevent it from depriving people of dignity and autonomy..

If the system breaks down the consequences will still be very painful. But the bigger the system grows the more disastrous the results of its breakdown will be, so if it is to break down it had best break down sooner rather than later.

One of the most widespread manifestations of the craziness of our world is leftism, so a discussion of the psychology of leftism can serve as an introduction to the discussion of the problems of modern society in general.

When we speak of leftists in this article we have in mind mainly socialists, collectivists, “politically correct” types, feminists, gay and disability activists, animal rights activists and the like. But not everyone who is associated with one of these movements is a leftist.

Those who are most sensitive about “politically incorrect” terminology are not the average black ghetto- dweller, Asian immigrant, abused woman or disabled person, but a minority of activists, many of whom do not even belong to any “oppressed” group but come from privileged strata of society. Political correctness has its stronghold among university professors, who have secure employment with comfortable salaries, and the majority of whom are heterosexual white males from middle- to upper-middle-class families.

Leftists tend to hate anything that has an image of being strong, good and successful. They hate America, they hate Western civilization, they hate white males, they hate rationality. The reasons that leftists give for hating the West, etc. clearly do not correspond with their real motives. They SAY they hate the West because it is warlike, imperialistic, sexist, ethnocentric and so forth, but where these same faults appear in socialist countries or in primitive cultures, the leftist finds excuses for them, or at best he GRUDGINGLY admits that they exist; whereas he ENTHUSIASTICALLY points out (and often greatly exaggerates) these faults where they appear in Western civilization. Thus it is clear that these faults are not the leftist’s real motive for hating America and the West. He hates America and the West because they are strong and successful.

Leftists are antagonistic to genetic explanations of human abilities or behavior because such explanations tend to make some persons appear superior or inferior to others. Leftists prefer to give society the credit or blame for an individual’s ability or lack of it. Thus if a person is “inferior” it is not his fault, but society’s, because he has not been brought up properly.

Unabomber Ted Kaczynski.

https://www.washingtonpost.com/wp-srv/national/longterm/unabomber/manifesto.text.htm

Well … it turned out to be a decent day for the good guys. I had my doubts for a little while.

Posted by ipso facto @ 16:25 on August 13, 2020  

Maddog, hi, Sooner Or Later, They All Get Caught.

Posted by Mr.Copper @ 16:23 on August 13, 2020  

Bernie Madoff, billionaire Jeffery Epstein, Enron, Son of Sam  David Berkowitz, the Golden state killer, ret cop James DeAngelo, cannibal serial killer Jeffery Dahmer, John Wayne Gacy, and lets not forget…..the uni bomber Ted Kaczynski.

Maddog @ 15:33

Posted by ipso facto @ 16:18 on August 13, 2020  

Somebody’s gonna be awful surprised when they go to their piggy bank and the gold is gone! 🙂

Maybe they’ll get some IOUs for it.

If you can’t touch it …

Mr Copper

Posted by Maddog @ 15:33 on August 13, 2020  

Hi there…u gotta keep a sense of humour, they are relentless….

I see Maguire is saying the BIS is bailing the Bullion banks out, by allowing them to ‘deliver’ un allocated metal !!!!

Maddog

Posted by Buygold @ 14:40 on August 13, 2020  

Looks like the USD has recovered and the metals are tracking. We’ll probably be lucky if we hold some gains.

I don’t trust GS or MS.

Can’t take advice from anyone, can only listen and do what makes sense to you. Learned that the hard way.

@Maddog You Are Too Funny :) Always Make Me Smile

Posted by Mr.Copper @ 14:34 on August 13, 2020  

Well that was fun while it lasted….seems the scum just came to.

Posted by Maddog @ 14:22 on August 13, 2020  

25 years ago I was, among other things, a fence building contractor…..

Posted by silverngold @ 14:12 on August 13, 2020  

…… and in all the requests for quotes, I do not EVER remember ANYONE asking me to build them a chain link fence to keep out the mosquitoes …… and that’s about the amount of good a mask will do to stop a virus… ANY VIRUS!!  A mask was NEVER made or designed to stop a virus any more than a chain link fence was made to stop a mosquito. All a mask is saying is “I drank the kool-aide”.

After walking past a Walmart greeter today who said “masks are required in the store”, and I said “I won’t wear one” and went about my business with not another word from a Walmart employee, I guess they would rather keep their customers than enforce their new stupid mask policy. At least that was my experience today.

Time for the world to come out of its coma and realize there were no more deaths since this pandemic began than before it started. The difference is that the Covid-19 deaths increased proportionately to the decrease in all other causes of death…..but about the same total number of people died world wide…..(food for thought?) but seldom do you see those statistics together.

IMO all the masks are for is to show TPTB how many people will line up for the “shot”…… and I see lots of Darwin Award candidates out there. Good Job Gates and Fauci!! You First!

buygold

Posted by Maddog @ 13:21 on August 13, 2020  

re Who to believe……never believe anything that GS says…ever.

It Seems Like The Gold & Silver Markets Are Acting Like The SnP and Nasdaq

Posted by Mr.Copper @ 13:17 on August 13, 2020  

Are they BOTH now inflation hedges? Or is one of the two a mistake?

redneckokie1

Posted by Maddog @ 13:14 on August 13, 2020  

Good call on the Silver…tks…a lot.

Grain markets have come alive today.

Posted by redneckokie1 @ 11:26 on August 13, 2020  

Corn is up a dime and above some very significant resistance. Soybeans and meal are also significantly higher. We need open interest to confirm a real bottom.

rno

Maddog

Posted by Buygold @ 10:52 on August 13, 2020  

Yep USD is way oversold. Article on ZH said Morgan Stanley covered their dollar shorts while Goldman added to theirs.

Who to believe?

Right now we’re seeing the first attempt of the day to goose the USD. We’ll see how far that goes.

Agree with you. $1950 is a battleground for now, that’s where the dollar goose started.

Silver futures

Posted by redneckokie1 @ 10:48 on August 13, 2020  

Silver futures higher and in good support. A close above $27.50 should confirm another good leg up.

rno

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