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

The manipulations won’t go on much longer.
The manipulators are losing their grip. Rather, their power is being taken away. And they will be exposed.

“We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the gold price under control but we have now succeeded. The US Fed was very active in getting the gold price down. So was the U.K.”

Sir Eddie George, Governor Bank of England in conversation with Nicholas J. Morrell, of Lonmin Plc, 1999

I’m not worried … long term we know how this ends. Just don’t like getting beaten up for too many consecutive days.

I’ll just stay invested in the PMs. 5 year chart of gold still looking very good.

Cheers

Here’s the list where they’re moving
Real estate With the economy some states may fair better.

What they’re moving in to.

Industrials

Banks. I know don’t say it
Energy
Materials
Metals and mining

What they’re moving out of.

Consumer discretionary
Utilities
Tech
Communications
Aero and defense
Home builders
Biotech

No worries long anyways. We all know it’s manipulated short term with any trick they can pull. Sectors are moving around now getting out of the topping ones running out of steam and already moving into others. Metals mining will be one.

https://finance.yahoo.com/news/lxrandco-inc-host-second-quarter-151000612.html

The cretins laugh a lot too.

And if they do all get “found out” like Bernie Madoff et al, it stands to reason even the PMs paper ETFs and shares could drop with them, opposite physical Gold and Silver and all physical metals running up. And the paper versions going opposite not following, not doing what they were intended to do.

The Herd the Media refers to as the Left got very big after 1970, and definitely have gone mad. They are pretty much beyond help, not curable. I assume a small percentage have been slowly coming to their senses after Trump got on TV in 2015.

Charles MacKay is remembered mainly for his book “Extraordinary Popular Delusions and the Madness of Crowds.” Note the masses that hate a president that has the balls to tell it like it is, and trying stop the 50 year obvious decline of the country and living standards.

Trump was right when he said to the third generation of Americans. “What do you have to lose”? Right, we already lost. Naturally the younger generations don’t know how better things were. Teenagers had money, and businesses did well selling cars to them with 3 year loans.

Looks like he ain’t going anywhere and will be around for 8 years and he ain’t taking any prisoners……really big on election reform…naturally…plus he has names that are not going to survive.

Friedrich Nietzsche was a German philosopher who became one of the most influential of all modern thinkers. His attempts to unmask the motives that underlie traditional Western religion, morality, and philosophy deeply affected generations of theologians, philosophers, psychologists, poets, novelists, and playwrights.

Mr. Copper is a retired skilled blue collar guy, that plays metals and mining stocks. 🙂

Note:

Climate Change caused by Humans? The need to ban fossil fuel? Gun control to stop killings? Trump and his supporters are deplorable? The police hate blacks? Big record breaking Hoaxes?

I just noticed on my charting a one minute volume spike on AG, 253,000 at 12:54 or a 4 minute bar 410,000/shs traded, normal is like around 50,000 volume 4 minute bars. SLV looks like a bottom at 1:10. Lets see what the next two hours bring.

I can’t post a Schwab chart but this ones shows it some.

https://finance.yahoo.com/quote/AG?p=AG&.tsrc=fin-srch

and there we go…

Shares starting to tank, especially the silvers – AG, AXU stick out

Can’t blame the dollar. Can’t blame rates.

“Those who are first, always look wrong at first” I knew Cuomo was an unqualified  jerk, voted in by unqualified voters, and employed  in a high end Gov’t job a long time ago. Now finally everyone else knows.

Too bad that Buffoon Idiot wasn’t reading my posts on Gold Tent Oasis after 2008. He would have known better than to keep doing things he wasn’t supposed to. He “got away with” passing more usless gun restrictions on honest law abiding gun owners, called NY Safe Act.

The buffoon banned very popular makes and model guns, and restrictions on ammo too. That idiot was thinking he would be president some day. The only reason he has that Guv job was because his father Mario was well known. If it weren’t for his father, he’d be working as a janitor somewhere or pumping out cesspools. Its nice to see him get poetic justice.

Parts:

The woman, 25, said that when they were alone in his office, Gov. Andrew Cuomo asked if she “had ever been with an older man.”

A second former aide to the idiot in high places, “is accusing him of sexual harassment, saying that he asked her questions about her sex life, whether she was monogamous in her relationships and if she had ever had sex with older men.”

“she said the governor had asked her numerous questions about her personal life, including whether she thought age made a difference in romantic relationships, and had said that he was open to relationships with women in their 20s — comments she interpreted as clear overtures to a sexual relationship.”

Ms. Bennett said she had tried to dodge the question by responding that she missed hugging her parents. “And he was, like, ‘No, I mean like really hugged somebody?’” she said.

“I understood that the governor wanted to sleep with me, and felt horribly uncomfortable and scared,” Ms. Bennett said. “And was wondering how I was going to get out of it and assumed it was the end of my job.”

“the governor also started to ask questions about her personal life, including whether she was romantically involved, whether she was monogamous in her relationships and whether she had ever had sex with older men.

“https://www.nytimes.com/2021/02/27/nyregion/cuomo-charlotte-bennett-sexual-harassment.html

The reversal scenario of mine (not pandemic, fake news) has upended global supply chains and produced shortages of certain commodities AT THOSE PRICES. I’ve worked with all metals my whole life and I was always amazed how cheap they were. Just like Gold and Silver.

So basically everything is trying to right itself. From abnormal, to normal. The central planners, ass hole know-it-alls, made everything that was normal decades ago, into abnormal, and the economy is in a very difficult “back to normal” transition. Similar to extreme pain and discomfort of withdrawal from a bad habit that had to end.

The idiots made us start importing, buying foreign steel a long time ago. Late 1960s. Sheet steel used to have Bethlehem Pa and Pittsburg Pa stamped on it.  That disappeared long ago. Then the idiots wonder about lack of jobs, and low wages, that came with low import prices.

Anti Facebook … that’s 3 social demerits!

Endeavour Silver (EXK) Q4 Earnings and Revenues Top Estimates

https://finance.yahoo.com/news/endeavour-silver-exk-q4-earnings-131501989.html

In the old days they used to be sometimes beneficial to society. That idea is receding away.

Yes just like hedge funds only the taxpayer will pay their losses when they are wrong and in trouble.

that lasted for more than the first 15 minutes, but it looks to me like the boot is on the neck of GLD and SLV in the early going.

Re German Banks

I’d say how that shows how little the Banks need deposits and that they are nothing but monstrous Hedge Funds, with one way bets, where they keep all the winnings and stick taxpayers with the losses.

Chaos In Steel Market As Manufacturers Battered By Shortages, Soaring Prices

The virus pandemic has upended global supply chains and produced shortages of certain commodities, sending spot prices sky-high. The latest shortage is steel, where many US manufacturers are having difficulty procuring cold-rolled and hot-rolled steel from mills, reported Reuters.

At the moment, steel shortages are sending spot prices through the roof. The latest round of disruptions in the steel industry is impacting America’s manufacturing heartland, where aerospace parts maker in California struggles to find cold-rolled steel, while auto and appliance parts manufacturers in Indiana are having trouble securing hot-rolled steel.

https://www.zerohedge.com/commodities/chaos-steel-market-manufacturers-battered-shortages-soaring-prices

Banks in Germany Tell Customers to Take Deposits Elsewhere

Interest rates have been negative in Europe for years. But it took the flood of savings unleashed in the pandemic for banks finally to charge depositors in earnest.

Germany’s biggest lenders, Deutsche Bank AG DB -3.76% and Commerzbank AG CRZBY -2.46% , have told new customers since last year to pay a 0.5% annual rate to keep large sums of money with them. The banks say they can no longer absorb the negative interest rates the European Central Bank charges them. The more customer deposits banks have, the more they have to park with the central bank.

That is creating an unusual incentive, where banks that usually want deposits as an inexpensive form of financing, are essentially telling customers to go away. Banks are even providing new online tools to help customers take their deposits elsewhere.

https://www.wsj.com/articles/banks-in-germany-tell-customers-to-take-deposits-elsewhere-11614594601

Nighthawk Substantially Increases Indicated Resources and Provides an Outlook for Exploration

https://finance.yahoo.com/news/nighthawk-substantially-increases-indicated-resources-120100413.html

Benchmark’s $35 Million Cash Enables Drilling of New Discovery Targets from Widespread Gold and Silver Soil Anomalies and a 2021 Resource Expansion Program

https://finance.yahoo.com/news/benchmarks-35-million-cash-enables-093000560.html

Victoria Gold: Eagle Gold Mine 2021 Production Guidance

https://finance.yahoo.com/news/victoria-gold-eagle-gold-mine-110000816.html

First Mining Options Land Package Near Springpole Gold Project, Canada

https://finance.yahoo.com/news/iiroc-trading-halt-p-194700471.html

Heliostar Finds Vein Beneath Historic Apollo-Sitka Mine and Drills 5.1 g/t AuEq over 1.95 Metres at Unga Project

https://finance.yahoo.com/news/heliostar-finds-vein-beneath-historic-113000928.html

Fury Drills 6.04 Metres of 11.56 g/t Gold Outside of the Defined Resource at Eau Claire

https://finance.yahoo.com/news/fury-drills-6-04-metres-115500908.html

Drilling at Spargos Reward Extends High Grade Gold Plunging Shoot to Over 300 metres Down-Plunge With Intersection of 6.1 g/t Over 14 metres as Resource Definition Drilling Completed Ahead of Resource Update

https://finance.yahoo.com/news/r-e-m-n-d-110000893.html

Great Bear Expands 2021 Drill Program: $45 Million Budget and 200+ Drill Holes

https://finance.yahoo.com/news/great-bear-expands-2021-drill-123000591.html

Keats Step-Out Returns 29.1 g/t Au over 11.4m, Extends High-Grade Zone to 250m Down Plunge

https://finance.yahoo.com/news/keats-step-returns-29-1-130000559.html

Bonterra Improves Mineralized Continuity and Expands Gold Bearing Structure to the East at Barry

https://finance.yahoo.com/news/bonterra-improves-mineralized-continuity-expands-133000967.html