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

More than a little embarassing

Posted by Maddog @ 10:46 on November 5, 2020  

Ipso facto

Posted by Pict @ 10:43 on November 5, 2020  

Yes sir, GDX is on fire. Is there really a bad day to be long the shiny stuff ?Β  Not in my house.Β  Cheers Pict

deer79

Posted by Maddog @ 10:34 on November 5, 2020  

It stinks too bad to stand….Biden has zero cred as POTUS…..how can he deal with a Xi or a Putin…they will just laugh at him and wave a fistfull of dollars.

So far a pretty spectacular day for PM share investors. Congrats to all longs!

Posted by ipso facto @ 10:22 on November 5, 2020  

Knock on wood.

Pict can appreciate that. πŸ™‚

The great Rick Ackerman chimes in…

Posted by Richard640 @ 10:22 on November 5, 2020  
Joe, Are You Sure You Want the Job?
It looks as though the Democrats will get nearly everything they’ve wanted — except for control of the U.S. Senate. This means that turning the Supreme Court into a rubber stamp for new laws that would radically transform America will likely remain out of their reach for at least the next four years. That’s the good news, but not just for the nearly 70 million voters who supported Trump. Biden’s backers should be relieved as well, since this will spare them the historical notoriety of having trashed the separation of powers merely because they could.

The bad news is that, as Obama demonstrated time and again, a president doesn’t need Congress to enact a heavy-handed political agenda. Unfortunately, few expect Biden to be calling the shots for long. His mental acuity and physical stamina are all-too-obviously failing, and while it was possible for the news media to ignore his appalling lapses and gaffes during the campaign, putting him in charge of the most powerful nation on earth is not going to work. We can only pray that when Kamala Harris takes over, which she eventually will, she doesn’t usher in a political Reign of Terror that comports with her take-no-prisoners brand of political extremism.

An Unstable Economy

The Democrats will soon own America’s future, but they may come to regret it. The stock market is pumped so full of super-heated gas that it makes the Hindenburg look like a birthday balloon.Β  Unprecedented levels of monetary stimulus have created a dangerously unstable economy dominated by a relative handful of giant, cloud-based companies that will have no jobs for displaced energy workers. There’s also China, an implacable enemy that neither Biden nor his running mate has the will or experience to confront. No less challenging will be protecting the promising but fragile peace that Trump recently brokered in the Middle East. Making it more robust will require the kind of deft management and bold leadership that go directly against the grain of a Democratic Party that has never passed up an opportunity to placate Iran or diss Israel. The list of worries stretches on. We should all wish Biden well, of course, even those of us who regard him as a loathsome, corrupt, vaguely creepy political lifer. The world has always been too dangerous for America to ‘lead from behind,’ as Obama would have it, and it is not farfetched to predict that China will test Biden soon after he takes office by moving troops into Taiwan. Nor is it a stretch to imagine Putin plotting his next act of geopolitical mischief against a proven political weakling like Biden. Putin must laugh whenever he sees mealy-mouthed Joe acting as though it is Trump who has been the Russian’s bitch.Β  Memo to Joe: If you get a mysterious package for Christmas containing knee pads, look for a Moscow postmark.

Did They Cheat?

So, did the Democrats cheat in Pennsylvania, Wisconsin, Michigan and a few other states that mattered? Of course they did. But Trumpers shouldn’t get their hopes too high over Giuliani’s legal challenge. Riots were predicted even if the Orange Man won by a landslide. However, if he should come to regain the electoral lead by overturning ballots in a score of key precincts, what follows could make last summer’s urban violence seem mild in comparison.Β  Red-state militias would put a quick and bloody end to it, for sure, if our beleaguered police departments cannot. But civil war is not the kind of endgame that right-thinking Americans should wish for, even if it seems like the only way to arrest the nation’s steepening slide toward full-blown socialism. Meanwhile, the half of America that spurned Biden should hope that now that the Democrats have secured a lock-hold on every American institution but the church, there’s no reason for them to rush things.

Sentiment trader chimes in….

Posted by Richard640 @ 10:10 on November 5, 2020  

YesterdayΒ The S&P 500 closed up more than 2%. On the NYSE, there was more volume in declining securities than advancing ones. That’s never happened before.

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

When the S&P 500 rallied the day after a presidential election, it was higher 3 months later 90% of the time by an average of +4.4%.Β 
Β 
When it dropped the day after, then it was higher 3 months later only 50% of the time with an avg return of -0.9%.Β 
Β 
Read into it what you will.

Santa Might Come Early For Gold Investors

Posted by ipso facto @ 9:51 on November 5, 2020  

https://ceo.ca/@goldfinger/santa-might-come-early-for-gold-investors

See if this url will give you an interactive map of red/blue US states. Then click on the state to see where the cities are all blue

Posted by silverngold @ 9:36 on November 5, 2020  

https://www.google.com/search?source=hp&ei=VAekX6_eBpj9-gSKnpiwDg&q=presidential+election+2020&oq=pre&gs_lcp=CgZwc3ktYWIQARgBMggIABCxAxCDATIICAAQsQMQgwEyCAgAELEDEIMBMggILhCxAxCDATIICAAQsQMQgwEyCAgAELEDEIMBMgIIADIFCC4QsQMyBQgAELEDMggIABCxAxCDAToLCC4QsQMQxwEQowI6CAguEMcBEKMCOgsIABCxAxCDARDJAzoCCC5QyCtY3S9gjEtoAHAAeACAAZoCiAGKBZIBBTAuMS4ymAEAoAEBqgEHZ3dzLXdpeg&sclient=psy-ab

Morning Buygold and Maddog

Posted by deer79 @ 9:36 on November 5, 2020  

I agree with you guys, but feel that the
Deep State will never let Trump stay in
office for another 4 years. I hope I’m wrong!

Morning buygold

Posted by Maddog @ 9:17 on November 5, 2020  

It can’t be allowed to stand, or u have no Democracy…..unravelling it would take forever and be nigh on impossible, as mad as it sounds a re-run with v strict ID, even blue fingers and a means of checking all mail in’s, looks the easiest.

The only poss good news is that scale of Trumps win was so big, the Dems have had to go ape in cheating and that must have led to numerous mistakes, it also looks like some places have way more votes than registered voters !!!!!

First Majestic Reports Third Quarter Financial Results – Generates Record Revenues, Cash Flows and Earnings

Posted by ipso facto @ 9:06 on November 5, 2020  

https://finance.yahoo.com/news/first-majestic-reports-third-quarter-120000405.html

My wife pointed this out. The Associated Press shows just about every major city in every state shows BLUE, even if the rest of the state is RED

Posted by silverngold @ 8:59 on November 5, 2020  

That should be a dead giveaway that the Dems rigged the votes where it counted the most. I don’t think that is possible or has ever happened before, has it???

Talk about a VOL collapse!!! Pre-mkt QID=$8.21–52 Week Range 8.16 – 32.11

Posted by Richard640 @ 8:44 on November 5, 2020  

& the VIX has crashed from 40 to 26 as per Bloomberg radio heard this a.m.

SilverCrest Announces New High-Grade Discovery at Las Chispas

Posted by ipso facto @ 8:37 on November 5, 2020  

https://finance.yahoo.com/news/shanghai-electrics-seunicloud-platform-wins-162800101.html?.tsrc=fin-srch&guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfMi92aWV3L3YxP19ndWNfY29uc2VudF9za2lwPTE2MDQ1Nzk0NDQ&guce_referrer_sig=AQAAAMgJCfwcBtDt5JrOO5wE7d8l–KfVFfYugGTn6HktF51clyy9ioDoxgQiz2_5K9UGxWL_u1Jo0uiuQkZFZ0aVTSzGRdzRdavHJq8Gn5er3seCF-OUiEIHo9x_q1ZRe50-CZ2lvTVgKRP6jLbrjz90HrpCQ5CDCFR_WNW9tJDG2sJ&_guc_consent_skip=1604583428

Why the market so strong? The “Alibi”=

Posted by Richard640 @ 8:34 on November 5, 2020  

Lest we forget=Job report tomorrow–could be a disappointment

Posted by Richard640 @ 8:25 on November 5, 2020  

ADP REPORT—–from yesterday—

Big picture: The ADP is an early look at the national labor market picture but the two reports have not been matching up very well during this recession.

Private sector adds 365,000 jobs to payrolls, about half the pace as September

The numbers: U.S. companies added 365,000 jobs to their payrolls in October, Automatic Data Processing Inc. reported Wednesday. The gain was well below forecasts from economists surveyed by Econoday who expected a gain of 600,000 jobs.

In September, the private sector added a revised 753,000 jobs to their payrolls.

What happened: Small businesses added 114,000 jobs to their payrolls in October, ADP said. Medium-sized businesses added 135,000 and large companies added 116,000.

Manufacturing only added 7,000 jobs in October. The service producing sector had most of the gains, rising by 348,00 jobs.

 

Economists surveyed by MarketWatch expect job gains to slow to a gain of 530,000 jobs in October, down from 661,000 in September. The unemployment rate is expected to fall to 7.6% from 7.9% in the prior month.

Behind the numbers, there are still about 10 million workers who are unemployed as a result of the pandemic.

 

Looks like even the shares will participate today

Posted by Buygold @ 8:19 on November 5, 2020  

at least at the open

Precious metals looking good this morning …

Posted by ipso facto @ 8:17 on November 5, 2020  

Posted by ipso facto @ 7:30 on November 5, 2020  

New Gold Reports Third Quarter Financial Results

https://finance.yahoo.com/news/gold-reports-third-quarter-financial-113000006.html

Artemis Announces Results from Blackwater Economic Impact Study

https://finance.yahoo.com/news/calfrac-meetings-friday-voting-deadline-121600528.html

Kirkland Lake Gold Reports Strong Earnings and Cash Flow in Q3 2020

https://finance.yahoo.com/news/kirkland-lake-gold-reports-strong-112500799.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9uZXdzL2tpcmtsYW5kLWxha2UtZ29sZC1yZXBvcnRzLXN0cm9uZy0xMTI1MDA3OTkuaHRtbA&guce_referrer_sig=AQAAAAlRTFUhkp3NO3V2k8x9bawnyftWYAZlbafHF3ioqI5nUXuIERdtxoAzLnsoAeFuhmNUkW8qWZjmqENhdJIFgdElvPSoQPBaeb9AZRUVuM6U5artmZ3A31tIf4fGzwVIxzQLgwS6PPAPPCDWNI6xjN776NBrB589l1yXCNwaUtW-&_guc_consent_skip=1604582244

Barrick beats

Posted by Buygold @ 7:14 on November 5, 2020  

Barrick Gold Q3 EPS $0.41 Beats $0.32 Estimate, Sales $3.54B Beat $3.34B Estimate

6:32 am ET November 5, 2020 (Benzinga) Print
Barrick Gold (NYSE:GOLD) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.32 by 28.12 percent. This is a 173.33 percent increase over earnings of $0.15 per share from the same period last year. The company reported quarterly sales of $3.54 billion which beat the analyst consensus estimate of $3.34 billion by 5.99 percent. This is a 32.19 percent increase over sales of $2.68 billion the same period last year.

Morning Maddog

Posted by Buygold @ 6:59 on November 5, 2020  

Exactly right. Trump was winning in a landslide, which is why at times they stopped and had vote dumps. These ballots were marked weeks/months in advance.

All media outlets are in on this including FOX. No way they should have called Arizona that early, and not called Florida and Ohio.

Now the question is what happens, we can’t let this stand, there are millions of us.

I see gold, silver and the dollar have finally noticed we have some problems.

treefrog

Posted by Maddog @ 6:04 on November 5, 2020  

Much is being made of the fact that the Polls showed a Biden landslide, which didn’t happen.

U can’t print up that many forms in 5 minutes, so they had to be done before hand and if the Donald hadn’t won a seriously huge vote, Biden would have had a landslide.

Which makes sense, when one considers the clear apathy twds Biden, versus the extreme enthusiasm twds The Donald.

Gold Train

Posted by Maya @ 1:43 on November 5, 2020  

rrflasher-copy

Big Boy in the desert
https://railpictures.net/photo/741649/

 

WTF ??? further

Posted by treefrog @ 0:26 on November 5, 2020  

i can’t verify this, but it looks like trump’s winning again.Β  check the date and time of last update.Β  “curiouser and curiouser,” said alice…

https://mielections.us/election/results/2020GEN_CENR.html

edit/thursday morning – now it’s back to biden in the lead.Β  looney toons!

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