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

‘We’ have never been alone.  And the universe is a far different place than most of humanity suspects.

Maybe they’re making a living off us selling us Moon pies and Mars bars. Why not everyone else is.
I agree about not trusting the government but if other countries can manipulate the politicians no telling how easy it would be for a advanced species. Turn in your guns, then in your freedoms. Line up and get a gene altering shot.

It is kind of weird that all of a sudden we’re hearing a lot about UFO’s with the government starting to release information.

I’m sure there are UFO’s out there but I don’t believe a damn thing the government has to say about them. I suspect they’ll use this as an excuse to spend money on some kind of military industrial space complex.

Let’s get real, if aliens are here, their technology could have destroyed us already because it would be so advanced.

French president says Paris will withdraw soldiers if Mali lurches towards what he called “radical Islamism” after second coup in a year.

https://www.aljazeera.com/news/2021/5/30/frances-macron-threatens-to-pull-troops-out-of-mali

Big Alien Lies Revealed – Steve Quayle

Good observation. Saved the link so when I have more time I can read it.

LOL Socrates=Smart Dude!

https://twitter.com/SilverChartist/status/1398368545302466560/photo/1

90% of the soldiers in the first boats didn’t see the end of the day.  They gave their lives fighting Hitler and the Nazis.  So today’s kids call everyone they don’t like Hitler and Nazis.

The Canadian in winter
https://railpictures.net/photo/762066/

No wonder Congress & the Fed thinks  “We Are The World!”

P.S.  Arab Oil Embargo story re the high gasoline story was bull crap like the “what came first, chicken or egg”.. Dropping the gold backing on the US Dollar is what caused higher Oil prices after 1971.

The original agreement with Arabs, was 1 oz silver equal to 1 bbl oil, 1 oz gold, equal 15 bbls oil. Official prices Silver was .92 cents, Gold $35/oz. but privately gold was $140/oz. Removing the gold backing dropped the dollar, inverted prices higher. I figured that all out in the 1970s, from my own observations dealing in gold related investments.

Trump in a sense was fighting against a global gov’t that supersedes ours. And starting a regime change, or a new independence movement. We lost half or gold between ’34 and ’71. After we cut the socialists off our gold, they just took our car industries, consumer electronics etc etc. So the New Word Order that started in 1913, fed res act of 1913, imo, it all ended in the summer of 2008.

Robert Triffin’s Dollar Prediction

In October 1959, a Yale professor sat in front of Congress’ Joint Economic Committee and calmly announced that the Bretton Woods system was doomed.1

The dollar could not survive as the world’s reserve currency without requiring the United States to run ever-growing deficits. This dismal scientist was Belgium-born Robert Triffin, and he was right. The Bretton Woods system collapsed in 1971, and today the dollar’s role as the reserve currency has the United States running the largest current account deficit in the world.2

For much of the 20th century, the U.S. dollar was the currency of choice. Central banks and investors alike bought dollars to hold as foreign exchange reserves, and with good reason. The U.S. had a stable political climate, did not experience the ravages of world wars like Europe had, and had a steadily growing economy that was large enough to absorb shocks.

Reserve Currency Considerations

By “agreeing” to have its currency used as a reserve currency, a country pins its hands behind its back. To keep the global economy chugging along, it may have to inject large amounts of currency into circulation, driving up inflation at home. The more popular the reserve currency is relative to other currencies, the higher its exchange rate and the less competitive domestic exporting industries become. This causes a trade deficit for the currency-issuing country but makes the world happy. If the reserve currency country instead decides to focus on domestic monetary policy by not issuing more currency, then the world becomes unhappy.

Becoming a reserve currency presents countries with a paradox. They want the “interest-free” loan generated by selling currency to foreign governments, and they need to be able to raise capital quickly because of high demand for reserve currency-denominated bonds. At the same time, they want to be able to use capital and monetary policy to ensure that domestic industries are competitive in the world market and to make sure that the domestic economy is healthy and not running large trade deficits. Unfortunately, both of these ideas—cheap sources of capital and positive trade balances—usually can’t happen at the same time.

This is the Triffin dilemma, named after Robert Triffin, an economist who wrote of the impending doom of the Bretton Woods system in his 1960 book, Gold and the Dollar Crisis: The Future of Convertibility. He pointed out that the years of pumping dollars into the world economy through post-war programs, such as the Marshall Plan, was making it increasingly difficult to stick to the gold standard. The country had to achieve this by instilling international confidence through a current account surplus while also having a current account deficit by providing immediate access to gold.1 3

Issuing a reserve currency means that monetary policy is no longer a domestic-only issue—it’s international. Governments have to balance the desire to keep unemployment low and economic growth steady with its responsibility to make monetary decisions that will benefit other countries. The reserve currency status is, thus, a threat to national sovereignty.

What would happen if another currency, such as China’s yuan, were to become the world’s reserve currency of choice? The dollar would likely depreciate relative to other currencies, which could boost exports and lower the trade deficit. The bigger issue, however, would be an increase in borrowing costs as demand for a constant flow of dollars tapered off, which could have a severe impact on the ability of the U.S. to repay its debt or fund domestic programs. China, on the other hand, will have to quickly modernize its financial system, long lamented for protecting its export-led industries, through currency manipulation. Demand for yuan convertibility means that China’s central bank would have to relax regulations relating to yuan-denominated bonds.

New International Monetary System

There is another possibility for reducing the pressures countries face trying to maintain reserve currency status: a new international monetary system—an idea floated for several decades as a potential solution. One possibility is the special drawing right, a type of reserve asset maintained by a global institution, such as the International Monetary Fund (IMF). While this is not a currency, it does represent a claim by other countries on foreign exchange assets. A more radical idea would be to create a global currency, a concept pushed by John Maynard Keynes, with a value based either on gold or the mechanizations of a global central bank.4 This is probably the more complex solution available and does present problems relating to sovereignty, stability, and administration. After all, how can you hold an organization accountable that is voluntary?

The Bottom Line

In the short-term, the prospect of a reserve currency replacing the dollar is slim to none. Despite the economic and political problems facing the United States, its “safe-haven” status is hard to beat, especially in light of the plight of the euro. It is hard to parse out what exactly would happen if the dollar were to be overtaken by another currency, and it is equally difficult to predict what budgetary and austerity measures in Europe and the United States will do to the global economy in the coming years.

https://www.investopedia.com/financial-edge/1011/how-the-triffin-dilemma-affects-currencies.aspx

I was just gonna post that from Armstrong’s site. Same here not into rap but I like this song. Just say no.

The Youth Are the Future – Resistance is Not Futile

I wouldn’t be surprised if their workers weren’t brain washed. Who’s telling them to needs to be uncovered.

I’m surprised that FB let it stand at all. Not hard to see how they try to brainwash us!

I put some info on Ivermectin on FB even without a link and how they’ve been trying to hide it from the public and so called fake trials where they either overdoes them like in a hydroxy trial and or waited too late after they were in the critical pulmonary stage and how it was meant to prevent that although Ivermectin even helps that stage too as it also works as a anti inflammatory. That doing DD in one of the doctors I found he was getting grants from NIH. So much for independent sources
Almost immediately after positing a link popped up on my post warning about “ alternative medicine ” trying to delegitimize it.
I added a comment on the post this proves my point.
I also learned that Fauci’s daughter works for Twitter. Cant verify it though.

Is Ivermectin The New Penicillin?

https://www.zerohedge.com/covid-19/ivermectin-new-penicillin

I don’t really think the general public is much involved yet. When they do come in then there won’t be enough PM shares to go around!

Impressive close as you say above $1900 and $28.

I still think the shares are going to have to get it in gear as Ipso’s article mentions. It has always been true that when the shares stop going higher like the guy says, the metals will be topping out.

Some of the juniors are moving up but the HUI is having a very tough time breaking the 320 level having been stuck there for 2 weeks now. Shares need to confirm this move above $1900 IMHO.

Thanks I’ll take a look!

https://ceo.ca/@nasdaq/fortuna-provides-an-update-on-the-status-of-the-royalty

copper miners – take a look at trilogy metals (tmq).  development stage, alaska, road access being built (maybe).  production in a couple years. (maybe)  in a couple years, the developing copper shortage may have that market screaming hot.  (maybe)