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

Maddog–where’s the old magic? Traders are wondering when the NY FED trading desk will launch a massive buy program…

Posted by Richard640 @ 9:46 on May 12, 2021  

CPI–report==no sweat! the BUCK is up.331 and G&S are nicely down-Fed says it’s temporary–BOOYAH!

KEY POINTS
  • The Consumer Price Index rise for April from a year earlier was the sharpest since September 2008.
  • Economists surveyed by Dow Jones had been looking for an increase of 3.6%.
  • One big reason for the acceleration was base effects – at this time a year ago, the economy was hit with the worst of the Covid pandemic and inflation was unusually low.
  • Federal Reserve officials see the current rise as temporary and not likely to influence policy.
 

V early days

Posted by Maddog @ 9:39 on May 12, 2021  

but all the gummy sharks, front running scum trading today are getting spanked…..they may have to cancel that beach side Hamptons spread and look at renting an RV…the trophy wife will not be amused.

BEAR MKT. ALERT? On Monday=Every time more than 95 stocks suffered a buying climax, the S&P 500 showed a loss over the next 1-2 months

Posted by Richard640 @ 9:32 on May 12, 2021  

Nobody Wants to See This Kind of Climax–Sentiment Trader

 

Every time more than 95 stocks suffered a buying climax, the S&P 500 showed a loss over the next 1-2 months. There were few losses over the next 6-12 months, and they were relatively small

On Friday, nearly a third of stocks in the S&P 500 managed to hit a 52-week high on that day alone. Then it skyrocketed to a stunning 78-year high on Monday.

Monday was odd in many respects, not the least being another surge in stocks setting 52-week highs. More than 44% of S&P members notched a high in the morning, the most since 1943.

The burst of gains and push to new highs early on Monday was reversed during the session, causing a spike in the number of stocks suffering a buying climax. This is triggered when a stock hits a 52-week high then reverses to close below the prior day’s close, potentially a sign of exhaustion among buyers.

Our Backtest Engine shows that this is the 6th-largest number of climaxes in a single day since the inception of SPY.

S&P 500 buying climaxes reversals

 

 . There were few losses over the next 6-12 months, and they were relatively small

CPI goes nuts up and scum sell like crazy…welcome to scumland

Posted by Maddog @ 9:29 on May 12, 2021  

US Core Consumer Prices Explode Higher At Fastest Pace Since 1981

Posted by Maddog @ 8:59 on May 12, 2021  

https://www.zerohedge.com/economics/us-core-consumer-prices-explode-higher-fastest-pace-1981

That mkt reaction just proves that the scum bomb PM’s on every piece of data, no matter whether it is bearish or bullish….as no way do u sell PM’s on such news, as above……

This is what happens when u blow up the ME……..ain’t Obummer great

Posted by Maddog @ 8:50 on May 12, 2021  

don’t know about being the smartest person in the room, more like the dumbest in the dunny.

Oil is attacking the double Top closing Hi of 66.27

Posted by Maddog @ 8:45 on May 12, 2021  

Posted by ipso facto @ 8:44 on May 12, 2021  

Gatling Adds Second Rig to Accelerate Program Ahead of Resource Update; Commences Metallurgical Testing to Analyze Gold Recoveries

https://finance.yahoo.com/news/gatling-adds-second-rig-accelerate-120500761.html

Roxgold Reports First Quarter 2021 Financial Results

https://finance.yahoo.com/news/roxgold-reports-first-quarter-2021-203000230.html

Vizsla Extends Napoleon to 800 Metres of Mineralization, Adds Depth, Including 3.45 Metres TW Grading 3,707 g/t AgEq

https://finance.yahoo.com/news/vizsla-extends-napoleon-800-metres-103000766.html

Troilus Expands Western Footprint of J Zone; Intersects 2.12 g/t AuEq Over 13 Metres and 1.10 g/t AuEq Over 68 Meters Within 200 Metres of Surface

https://finance.yahoo.com/news/troilus-expands-western-footprint-j-110000583.html

Parral Generates $6.3M US of Free Cash Flow for Quarter Ending March 31, 2021

https://finance.yahoo.com/news/parral-generates-6-3m-us-120000511.html

Karora Extends New Larkin Zone to Over 650 Metres with Strong Infill and Step-out Drilling, Including 7.6 g/t Gold over 5.8 Metres

https://finance.yahoo.com/news/karora-extends-larkin-zone-over-121300002.html

Kinross reports 2021 first-quarter results

Link

Osisko Reports Strong First Quarter 2021 Results

https://ceo.ca/@nasdaq/osisko-reports-strong-first-quarter-2021-results

E2GOLD Drills 18.2 G/T Gold Over 1.0 M Within 5.0 M Of 4.91 G/T Gold, 600 Metres West of Previous High-Grade Results at Hawkins

https://ceo.ca/@accesswire/e2gold-drills-182-gt-gold-over-10-m-within-50-m

New Found Gold and Eric Sprott Invest $8M with Exploits

https://ceo.ca/@thenewswire/new-found-gold-and-eric-sprott-invest-8m-with-exploits

i-80 Gold Announces Key Land Acquisition at Getchell

https://finance.yahoo.com/news/80-gold-announces-key-land-100000358.html

Buygold

Posted by Maddog @ 8:41 on May 12, 2021  

looks like we have buyers below…plus they have save the SM……and that was a knee jerk reaction allround….

Ooops …can’t have SM bearish news….scum need to reprogramme fast

Posted by Maddog @ 8:34 on May 12, 2021  

A little give back today?

Posted by Buygold @ 7:59 on May 12, 2021  

or will we get something else.

PM’s were impressive yesterday battling all the way back, not sure we can pull that off again.

A Zh reader==We are imbeciles that have allowed an oligarchy that resembles the bolsheviks to reign supreme for decades

Posted by Richard640 @ 7:27 on May 12, 2021  
Woke insanity isn’t the only thing destroying this nation. 
We have (supposedly) two factions in control, both of which worship money and power above all else. You have the insane, woke left that wants all of South America in North America and white people eliminated. Then you have the insane, conspiracy theory ridden morons on the right; low IQ members of a cult of personality too stupid to catch on to the fact that their heroes are into crony socialism. Too stupid to understand that their heroes, people like Chump, McConnell, Gaetz all have profited massively while average American citizens suffer.
Neither side of the oligarchy wants what’s best for America or its people. If it’s not utterly insane woke diversity screeching it’s non-stop shilling for the Chamber of Commerce and woke multinational corporations. There is no humanity in America anymore, just a death cult that worships fiat above all else. Corporate profit is all, the stock market a deity.
America is toast. We don’t even make our own socks and underwear. We are imbeciles that have allowed an oligarchy that resembles the bolsheviks to reign supreme for decades and now it seems that no one has the strength to do what needs be done. That’s what happens when you allow parasites to take from the host body for too long. 

Gold Train

Posted by Maya @ 2:40 on May 12, 2021  

Double Gold
https://railpictures.net/photo/757106/

 

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