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

Kunstler has been talking the same game for quite some time.  He always makes sense to me, but like a lot of the other “Party’s over; time to pay the piper” stuff I have read (and believe), I’m still waiting to see it happen.  Time will tell.

Not real upbeat is he. Are we going into a depression… with some sort of lesser technology situation? Millions working in the fields?

It sure does look like the paper edifice is rocking a bit. So much debt! Take bulldozers and push it all into a giant pit and cover it up. That’ll be the endgame.

Insightful and prescient, I think.

Do You Believe in Magic?

QE to infinity. Quantity vs quality the Democratic trademark across the board. They think they can QE out of deflation but what big investors are buying inflation protection stocks. It’s not working. Shortages aren’t inflation under this circumstance. Maybe your check went to the border to pay for Bidens new citizens.

Moggy sent me a link and then found some myself that they ran out of money. They’re still working on it.
In my case I got two checks and the people there won’t help me send it back. They don’t know what to do so got transferred and transferred and transferred finally to a recording.
I talked to my tax man he said if you do send it back since it came in a deposit make sure you keep proof. I couldn’t send it back via bank because it all came in one check cuz I’d have to send mine back with it. They said they couldn’t split it up. Always something to emulate waited energy.
Keep a eye on that where’s my payment site.

I started investing in Silver in the 1970s. Lets face it. It never does what we expect it to do. Silver is the most annoying investment ever. So I switched over to mostly gold miners after 2008. I do have some silver AG CDE and a few others long term holds.

Lately I’ve been nibbling into Steel miners, X, NUE, and SXC, think infra structure, plus its a very cheap metal for decades and all the distorted values and things are trying to “right themselves”, maybe some day Silver will finally right itself. It should be $50/oz minimum.

But then again, you can’t buy Silver for $24.70 its more like $35 retail. Copper too forget about $4/lb. In coin form Copper Rounds are $2/oz, $36/lb that makes more sense.

Copper rounds $1.99/oz but out of stock.

https://www.apmex.com/product/89969/1-oz-copper-round-barber-half-dollar?14317174=1

Metals hammered – but surprisingly most of the shares aren’t getting crushed.

Until tomorrow….

It was enclosed in a large concrete shelter which was erected quickly.

A reinforced concrete casing was built around the building over the seven months following the accident. This shelter, referred to as the sarcophagus – was intended to contain the remaining Viruses, and Employees, and act as a shield to protect the rest of the world from future Pandemics.

As it was designed for a lifetime of around 20 to 30 years, as well as being hastily constructed, a second shelter will be built, known as the New Safe Confinement sarcophagus with a 100-year design is planned to be placed over the existing structure.

The Covid 19 virus escape accident last year was the result of a flawed Virus Lab design that was operated with inadequately trained Chinese personnel. The resulting Pandemic collapsed the entire global economy and millions of deaths, and the need for $trillions of dollars to be created out of thin air. Also ruined the social lives of billions of people and business owners.

Lets not forget disrupted supply chains. The original plan was for the Israelis to precision bomb the lab, but the idea was scraped for fear of spreading more toxic germs all over the place.

Entertainment of course.

Thanks for your comments.  Here is a bit more on what you were talking about.

BTW, glad you got your Stimulus check/money, I have no idea where mine is!

McEwen Mining (TSX: MUX) (NYSE: MUX) said on Monday it has resumed operations at its El Gallo project in Mexico following negotiations with members of nearby communities, which forced the company to halt operations earlier this month after illegally blocking the mine’s main access.

The Canadian miner said it had inked a new 10-year agreement with locals, which provides “additional support to the communities and greater long-term certainty for the El Gallo operation.”

McEwen resumes operations at El Gallo mine in Mexico

*CREDIT SUISSE SHARES PLUNGE 10% AS IT WARNS OF 'SIGNIFICANT LOSSES' FOLLOWING COLLAPSE OF U.S. HEDGE FUND$CS pic.twitter.com/125spErSgk

— Investing.com (@Investingcom) March 29, 2021

A day trade might be working on the biggest hits, like CDE, HL, AG, FSM, SBSW,

I recently noticed they were climbing like crazy, so I put together a little watchlist of them. You gotta see the charts today. I think some big hedge fund was loaded up and could make margin calls and down they went.

VIAC, VIACA, DISCK, AMCX, FOXA, NXST, DISCA, FOX.

LOL Good one!

“At some point surely some of the mines are gonna sell in the cash mkt and forget crimex…the diff is too big to ignore and others will take delivery and resmelt down to smaller bars, u might even get a few countries minting some special coins, just to ‘eff up the shorts. …….this shud be a classic between shorts who ain’t got it and longs who feel no pain.”

Great point! It seems pretty much inevitable. First Majestic is surely making great cash with their retail sales of silver rounds. Others must be lickin their chops!

Bypassing crimex would sure be the silver spike through the heart of the vampires!

Re deliveries

Mch always was a major month for Silver, but not for Gold….the scum are clearly trying to shake out the longs here….but if they are the Apes then they will just buy more.

At some point surely some of the mines are gonna sell in the cash mkt and forget crimex…the diff is too big to ignore and others will take delivery and resmelt down to smaller bars, u might even get a few countries minting some special coins, just to ‘eff up the shorts. …….this shud be a classic between shorts who ain’t got it and longs who feel no pain.

Update: (0821 ET): Reuters reports the stranded container ship is now “freed,” according to shipping data and sources. Suez Canal Authority (SCA) Chairman reports traffic in the channel can resume.

Reuters notes, “Ever Given is seen underway using engines and heading towards Bitter Takes area.”

https://www.zerohedge.com/markets/megaship-blocking-suez-canal-80-partially-refloated

Ascot Resources Reports 2020 Annual Results

https://finance.yahoo.com/news/ascot-resources-reports-2020-annual-214500578.html

Liberty Gold Reports Q4 2020 Financial and Operating Results

https://finance.yahoo.com/news/liberty-gold-reports-q4-2020-221000294.html

Infill Drilling at the Arras Zone at San Albino Intersects 24.02 g/t Gold Over 4.4 Meters (Estimated True Width) 15 Meters from Surface and Outside the Resource Pit Shell

https://finance.yahoo.com/news/kinaxis-host-kinexions-japan-2020-140000329.html

Blackrock Reports Drill Results from Its Silver Cloud Project in Northern Nevada

https://finance.yahoo.com/news/blackrock-reports-drill-results-silver-110000706.html

Keats Infill Drilling Returns 37.2 g/t Au over 6.45m and 17.9 g/t Au over 8.45m

https://finance.yahoo.com/news/cadia-expansion-lihir-recovery-improvement-224000586.html

Great Bear Doubles Vertical Extent of LP Fault, Intersects High-Grade Gold at 942.20 m Downhole: 15.57 g/t Gold Over 3.05 m

https://finance.yahoo.com/news/great-bear-doubles-vertical-extent-113000432.html

Metals Creek Reports New High-Grade Gold Discovery as well as 5.21 g/t Gold over 14.80 Meters in Main Zone at Dona Lake

https://finance.yahoo.com/news/metals-creek-reports-high-grade-121500771.html

Regulus Provides Update on the AntaKori Project

https://finance.yahoo.com/news/regulus-provides-antakori-project-130000209.html

SilverCrest Reports 2020 Annual Financial Results and Update

link

Credit Suisse takes hit from U.S. hedge fund; warns of ‘highly significant’ losses

Ever since the Obama era of money hunting targeting the Swiss bank as a safe haven they have had trouble.
This will affect multiple financial companies.

LONDON — Credit Suisse warned Monday of a “highly significant” hit to its first-quarter results, after it began exiting positions with a large U.S. hedge fund that defaulted on margin calls last week.
In a trading update before the market open, the Zurich-based lender said a number of other banks were also affected and had begun exiting their positions with the unnamed firm.

“While at this time it is premature to quantify the exact size of the loss resulting from this exit, it could be highly significant and material to our first quarter results, notwithstanding the positive trends announced in our trading statement earlier this month,” Credit Suisse said.
The bank added that it would provide a further update on the matter “in due course.”
A margin call occurs when a broker demands that an investor deposits more money into a margin account (which enables them to invest money borrowed from the broker) to bring it to a minimum required amount. The investor then has to either deposit into the account, or sell some of the assets held in it.
Nomura also issued a trading update on Monday warning of a “significant loss” at one of its U.S. subsidiaries resulting from transactions with a client stateside. Japan’s largest investment bank said it was evaluating the potential extent of the loss, estimated at $2 billion.
“This estimate is subject to change depending on unwinding of the transactions and fluctuations in market prices,” the bank said.
More…

https://www.google.com/amp/s/www.cnbc.com/amp/2021/03/29/credit-suisse-exits-positions-with-hedge-fund-warns-of-losses.html

I thought I’d begrudgingly get the app for target so I could just drive up wait on my car and get my package when it was ready at Target. Turned out to be pretty cool. You can tell them your on your way but declined the GPS part and when you get there hit the I’m here link. I guess I’m the type that doesn’t think too much about crime less it’s obvious but after I said I’m here it said Keep Your Windows Rolled Up. First I’m thinking now how am I supposed to talk to the person if my windows are rolled up. Then oh duh I guess that can even be a target these days.

The girls who stole the car.
You have to think or I do that all this media hype on victimization of race for political reasons like BLM or Antifa and some plain racist politicians like the one in Hawaii is causing this sort of violence and crime against every day people because there are people, usually the weak minded first listening to it or fake news slanting the truth that will justify it and can refer back to them.
There’s always been thefts and robberies but never before on my lifetime that I’m aware of did the Just US system it media try to cover it up. Calling it a accident just like it was a accident they took off in the guys car with the man and owner holding on to the door. Yeah it was a accident resulting from a high speed attempt to throw the man off and steal his car.
It’s easy to say to the victims it’s not worth it you can get another car but when it happens like almost happened to me not knowing he had a gun you can quickly forget while protecting your property instinctively on principle and get yourself in a accelerated situation fast.
I guess you have to just make a note to self to just let them have the damn car as long as no ones in it.
It’s what the media and certain political people in the just us department are doing or say not doing that’s what’s changed.

Go to Google Maps and lookup Ely, NV.  Next to the map are street view photos taken by people.  There are about 150 pictures of the Nevada Northern Rail Museum, yards and operations.  The grand tour!