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

to the forum . Nice to see a new poster .

Aloha!

Hi, I’m on my laptop so wanted to check in. I  want to say thank you to everyone who posts videos and articles. I appreciate all of you more than you’ll ever know!  Mostly I read the posts from my phone. I enjoy all the posts.                                                                                                                                                                                                 Aloha, Diamondhead!

I will sell my PM right after I take “the jab”.

Today sucked no doubt of it. We need a good month or two!

Looking at various boards a lot of Bugz are fleeing the PMs and buying uranium companies. Sprott has a new fund which is lighting a fire under that sector.

https://www.cftc.gov/dea/futures/deacmxlf.htm

Have a great weekend everyone!

Lets not forget Howard Ruff and the Ruff Times!

“When TSHTF paper gold will be useless”

All those contracts on the crimex will get paid off in devaluing dollars or maybe nothing will be paid at all! Paper will burn!

Cheers

FWIW, the ones I remember are The Harry Schultz letter, and my favorite, Richard Russell’s Dow Theory Letter, which offered so much more than theory.

From TF Metals, an interview with Jim Willie.  Interesting story – is it real or is it false – about forces substituting placebo in place of toxic vax, final release of silver price control coming, and other tasty things to think about.

https://www.tfmetalsreport.com/podcast/11102/thursday-conversation-jim-willie

I learned a lot, and many times I bought a stock, that he recommended after I already bought it cheaper. Also many of his recommended stocks I avoided. He missed a lot of good ones.

Part:

“For the record, nearly 40,000 contracts of COMEX gold futures has a total notional dollar value of $7.2 billion (at $1800 per ounce) and each dollar move higher or lower would equate to $4 million for the holder, and $400 million for each $100 move in the gold price. Minimum initial margin requirements would run $8250 per contract or $330 million for 40,000 contracts. My best guess is that the position in question was acquired at roughly a $1770 per ounce average price.”

Comment,

My guess it may be a $7.2 billion purchase by a big central bank or a government. And they will take delivery. When TSHTF paper Gold will be useless imo. That’s not insurance, and IOU of gold. It has to be on hand. For the new system if this one ends suddenly. It would be like 1934 when they banned gold ownership, revalued the Dollar down 70% to get prices up and started a new game or round of printing for WW II etc.

Dines says ……..  “Don’t Think ….. Look” ……….

Still getting his letters,  wishing him well on his health concerns that he disclosed several months ago

Bought a mini Uranium PF 3 mos ago,  I wasn’t really early enough after  being “singed” after Fukashima,  but some stocks making 10 yr highs  …… so Im doing Ok

Smoke Signals were there

Ux prices are at highs, Sprott buying up Physical Uranium

“Drink Upstream from the Herd”

As for my PM PF ……  Pffffft ….

Best Regards Friends

Winedoc

A Gold Whale Surfaces

by Ted Butler

Compelling data in recent Commitments of Traders (COT) reports point to the emergence of a very large buyer in COMEX gold futures. The last four COT reports, starting with the report for positions held as of August 10, show a dramatic increase on the long side in gold for the 4 largest traders (not to be confused with the concentrated short position I speak of regularly, particularly in silver). Data over the past 4 reporting weeks indicate that a large non-commercial trader has amassed as many as 40,000 COMEX gold contracts, the equivalent of 4 million ounces of gold.

In addition to the concentrated long position being among the highest on record, even more interesting is that the sharp increase began during the reporting week corresponding to the recent deliberate smash down in gold and silver prices into August 9. What this indicates is that the large non-commercial trader, most likely included in the Other Large Trader reporting category, bought most aggressively into that price smash – apparently by design.

more https://www.gold-eagle.com/article/gold-whale-surfaces

Well sure they are desperate and skating on thin ice. Sure they manipulated rates down to practically nothing to save the world 🙂 But they must have “slippage” going on. Gold is holding the $1800 area.

Another thing I noticed long ago, if there is a better sector doing great, it attracts all the attention and investors. John Q Public doesn’t bother with Gold Mining stocks obviously.

I think PMs need a new uptrend in Spot Gold towards and above $1900. Then the computerized trading machines will provide crazy high PMs stock chart inclines like I see with Uranium etc.

Another thought. There is a bi monthly coin show near me, and its mostly dealers selling to other dealers. Re Gold BULLION?? Its probably mostly dealer to dealer. Bank to Bank, Country to Country. I doubt very many of the public have a heavy demand for Gold coins and bars. I myself know of no one.

Things are changing. The present “system” can’t win. And I suspect that virus was accidently on purpose let loose to shock the economy like the banker bozos did with rates up to 21% last time they were desperate in 1980.

The typical system MO is they strangle the economy until the eyes are bulging out torcher and death is near, with 21% rates, then they suddenly drop the rates and create a “Relief Rally”.

Instead of high rates to cool or take away the punch bowl, the COVID took away the punch bowl. But all the money printing and inflationary expectations just kept flying into the everything bubbles stocks bonds and real estate anyway.

The whole system is a phony load of crap, but still working. Gold is the insurance and its the end game. So imo its the big pigs at the trough buying Gold bullion. Banks and gov’ts. Recently a big corporation bought a bunch of gold but can’t remember.

If they hit gold down on purpose its for themselves, but its probably their own demand that drove it this high. We just need the banks and gov’ts to do some panic buying among themselves.

I’m done here LOL

P.S. There might come a day when everybody has to cash out their entire PMs investments and wire the money US Mint approved Gold bullion dealers. And have a nice day.

Love that cartoon!

Watch out for the drool Joe!

I noticed the price of copper and oil earlier. Stunning that while they move higher and inflation is screaming higher, gold and silver get weaker. Apparently higher rates and the USD only effect pm’s and nothing else.

There is no other explanation other than banksters and their manipulation.

In the Coal and Consumable Fuel sector, I don’t see any sign of decarbonization. However in China I HAVE seen some signs of decarbonization. Things are changing. China has done very well financially, and USA has NOT done very well financially for a long time. Nothing stays the same forever. The future is always a surprise.

I made money on this stock long ago, and I see PGMs are low in the charts. So I started looking at it and here’s what I see. MRQ Most Recent Quarter.

• Gross Margin (MRQ) 40.16%
• Net Margin (MRQ) 28.47%
• Dividend 1.67
• Dividend Yield 11.62% Huhhhhh??? While we wait?
• YTD % Change -9.94%
• https://www.cnbc.com/quotes/sbsw?qsearchterm=sbsw

It looks too good to be true. Anybody notice Copper price blasting off today? The leader of the pack? $4.45/lb. TGB + 5%, SCCO + 5%, FCX + 3% but as we’ve seen lately, we can’t always rely on the shares doing what they are supposed to.

https://finviz.com/futures_charts.ashx?t=METALS&p=d1

AZ Audit Proves 2020 Election Fraud, Biden Attacks Unvaxed, USA is Broke

Think about real estate and rental costs too. New car prices? In the 1960s some people paid cash on delivery, the entry level people like me needed three year loans to buy the new car. Today? Entry level can’t afford new cars at all. Unless maybe a 6 year loan or a leased car and after three years, they give it back so the dealer can make even more money.

I’m optimistic for the entry level common mans future, simply because things go so bad for them. And the US Gov’t and global economy, or rather other nations, NEED very profitable Domestic businesses to supply a well paid massive middle class, to pay taxes and buy imported consumer products. If entry level values go up, all other wages will also go up re pecking order. Low entry holds down all others wages.