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

David Stockman On Europe’s Economic Suicide…

Posted by ipso facto @ 11:03 on July 23, 2022  

snip

For instance, as part of its plan to reduce CO2 by 40% from 1990 levels by 2030, the EU still plans to cap pollution under the Emissions Trading System (ETS) at about 12 billion tons from 2021 to 2030, tightening the total amount of emissions allowed each year.

Those limits had remained despite lobbying from coal-dependent members like Poland because there was just plain no room in Europe’s “Overton Window” to question the sacrosanct claim that failure to prevent global temperatures from rising by 1.5 C by 2050 would bring the ruination of Planet Earth.

That’s rank hogwash. The truth is, for upwards of 90% of the time during the last 600 million years of the Earth’s relentless “climate change”, the average temperature has been well above the current 15 C, sometimes by as much as 10 C higher.

And never did those higher temperatures lead to an inexorable doomsday cycle of heat retention that fried the planet.

https://www.zerohedge.com/markets/david-stockman-europes-economic-suicide

Gold Train

Posted by Maya @ 2:05 on July 23, 2022  

Wisconsin & Southern in the Rockies
https://railpictures.net/photo/796756/
https://railpictures.net/photo/796757/

 

SNG

Posted by goldielocks @ 0:57 on July 23, 2022  

It isn’t doing what it was meant to do. We hear a hedge against inflation on the currency, nope not in industrial states. We hear loss of confidence in the government, nope not in industrial states. We hear war , we’re constantly dragged in other people wars, nope.
It’s a pump and dump scheme. Oh lets look forward next bottom and make sure you get out before they dump it again.

As long as it’s not in the mainstream ie a basked of retirement funds or 401K it gets no attention including insider trading other than manipulation but it’s not reliable in paper shares. You have to watch the charts and put in your stops or you’ll be the next sucker getting ripped.
Remember 08 and when you said they’re selling small lots if your shares at a time “ I’m guessing you were getting a few that cost more than the transaction”. and you said Who buys 10 shares!!’ Of some below a dollar stock lol
People don’t say oh here’s my money do what you want with it, they will. Same as oh don’t sell it’s going to the moon. Then it turns into oh I think this is the bottom, lol Which is it? Bottom of the moon. You never hear that in any other sector that I know of.
No doubt after time when they get new suckers in it will have its ups again until they pull the rug but totally irresponsible for anyone to stay leave it there and forgetaboutit, or any stock for that matter, you have to watch it and get little input on how their going to make you money like other stocks. Kinda reminds me of the story of the carrot on the stick.

I think R640 was jesting … playing devil’s advocate so to say …

Posted by ipso facto @ 21:33 on July 22, 2022  

Richard640 @ 15:59 “gold and silver as an asset class are dead”? I have a different opinion about them… and HUI!

Posted by silverngold @ 18:58 on July 22, 2022  

Let’s start with HUI. IMO HUI will bottom this year at 166.67 and few will still be in this sector….but when that bottom is reached it will EXPLODE to HUI 1,000. How do I know? 166.67 X 6 = 1000.  My HUI chart has been revealing this outcome for many years, and IMO we are dealing with the devil….Satan… in these End Times or Last Days!!

How about silver??? IMO silver is just waiting for the rest to come together and it will be ~$18 at its bottom.  Then use the same  method. $18 X 6.667 = $120 per ounce!

Again what my charts have shown for years……

Gold though will be more controlled IMO but it will not go lower than $1673.30 and it will top at ~$3672…..but WTHDIK??

Oh, and here’s a very interesting USA Watchdog from Greg Hunter for today. If you only want the gold and silver info just watch the last 15 minutes….but you’ll miss lotsa good stuff about all the current topics and concerns if you do that. Greg is the best IMO!!!

All The Best from Silverngold!

Dem Gun Confiscation, NATO War, More Unexpected Deaths, Economy Tanking

 

Who are they getting their orders from.

Posted by goldielocks @ 18:40 on July 22, 2022  

Twitter trying to ban World Council for health or anyone who brings it up before Ivermectin Day. July 23

https://mobile.twitter.com/hashtag/WorldIvermectinDay?src=hashtag_click&eType=EmailBlastContent&eId=459560f2-675c-4de2-a582-8d95c1cffa36

Ororeef @ 16:55 re Your Reverse Stock Split Info.

Posted by Mr.Copper @ 18:40 on July 22, 2022  
  1. I would have to think about all that. Like Great Panther it its .10 cents/share, a 1 for 10 shares makes the price go up and 10 times less shares. You turn in 10 old .10 cent shares and get back only 1 share worth $1/sh.

I was talking about the opposite, like a regular stock split like if the stock is expensive like $1000/sh a 20 for 1 split would make the $1000/sh stock a $50/share, from $1,000/sh more affordable looking attracts buyers for a new up trend. And you have 20 times more shares.

So the US Dollar is too cheap at $1 each, doesn’t buy much, so a $20 for $1 split would make the $1 worth $20.  GPL is like .10 cents a share, has no respect its so cheap, they want a 1 for 10 to make the stock $1/sh from 10 cents. Has more respect.

In other words, the penny stock $1 bill would have $20 of purchasing power and get more respect.

Plus it would just be more practical for coinage to have 20 times more purchasing power. Plus again you won’t need 100, $100 bills, 100 pieces of paper to count out to buy a lousy $10,000 used Toyota. You would only 5 pieces of paper worth $2,000 each. Keep in mind like decades ago we had $500 and $1000 bills for big purchases.

In China

Posted by Ororeef @ 17:49 on July 22, 2022  

everybody owns a house,but no body can afford to live in it!  THEY PAID TOO MUCH,theres no benefit to living standards and now nobody can make the mortgage payments.The government will have to print the money to buy those mortgages or defaults will crush the economy ! Chinese inflation is like a Chinese fire drill ! In the end Russia will own everything in China ,but they cant take it home with them …they will beg China to pay the rent …pleaseplease..

Richard 640 @ 16:37

Posted by Samb @ 17:14 on July 22, 2022  

OK, I’ll use bpgdm as an indicator. It ranges from 0 to 100. Simple enough?  We are now @ 10…downside with risk to 0 which btw is extremely rare! So extreme risk down is 10 points …Normal upside is 70 to 80 or more basis points.  Risk reward is 10 down versus 70/80 upside. Wake up Rich and smell the coffee.

ipso facto @ 10:24 on July 22, 2022

Posted by Ororeef @ 17:11 on July 22, 2022  

China is the whore,Russia is the John ..its a match made in Heaven ..they deserve each other..they both get fucked !

Mr.Copper @ 12:41 on July 22, 2022

Posted by Ororeef @ 16:55 on July 22, 2022  

What happens to a company that does a reverse split ?…that depends on if they have real earnings ,they be ok,,if not they go to zero !  What happens to a country that does a reverse split ?, that depends on if they have real earnings,they be ok,if not they go to zero.   DO we export  more than we import ? As bankers say watch the CASH FLOW ! Do you have pricing power ? if not you go to zero…Are your current assets GREATER than Current liabilities ,if not you go to zero..

COT’s

Posted by Buygold @ 16:41 on July 22, 2022  

Right direction yet again, but no help.

CFTC Commitments of Traders Report – CMX (Futures Only)

Samb=I wouldn’t get too cute being the big, bad contrarian–contrary theory doesn’t work with G&S

Posted by Richard640 @ 16:37 on July 22, 2022  

Never has cause the rig…

Another tell that an Int. Bottom is in formation = m

Posted by Samb @ 16:27 on July 22, 2022  

Richard 640 post @ 15:59. Laughable.

HUI=TODAYS HIGH=210.28—-AT 3:52PM–LAST TRADE=201.59=I REST MY CASE!   AND….

Posted by Richard640 @ 15:59 on July 22, 2022  
 

To repeat=Gold and silver as an asset class are dead!

 
The dollar is DOWN .264 & has been down all the live long day…
 
https://futures.tradingcharts.com/marketquotes/DX.html

@Maddog re Strange Situations. Maybe The Summer Doldrums?

Posted by Mr.Copper @ 15:22 on July 22, 2022  

I was looking at lots of charts of the regular popular crap and everything is down about 30%-50% more and less. The Bonds like cash have been getting buyers since mid June driving rates lower. Ten year bond 3.48% to 2.78%. Maybe its people running to cash after selling the regular stuff.

Lets not forget, the Feds original fear was deflation, thats why they carpet bombed money all over the globe. So its possible their pumping is only gave them an inflation blip, and they’ll be fighting deflation again. But the bottom line problem is a unstable, fundamentally flawed currency and financial system.

Plus, I’m still seeing “Buy one get one free” at the supermarket. Only the Meats are in uptrends.

Bonds climbing means rates dropping.

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

Oil dropping since mid June.

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

Grains dropping.

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

Softs dropping.

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

Here comes the SM about to self levitate

Posted by Maddog @ 15:16 on July 22, 2022  

as all those drooling bargain hunters pile in,,,,aka scum buy hell out of it.

NEM was the tell

Posted by Maddog @ 14:31 on July 22, 2022  

it’s like a bloody great neon sign….saying don’t worry …..we’ll knock it all back down before the end of the week!!!!!!!

Ororeef

Posted by ipso facto @ 14:26 on July 22, 2022  

If the west had treated Russia with respect and not like an enemy then Russia wouldn’t need to reach East for friends. I think it’s a mistake for them to cozy up to China as well.

GDX goes negative….where have we seen this crap before.

Posted by Maddog @ 13:43 on July 22, 2022  

As far as the Bots are concerned…..just another rally to short into……and then forget to borrow any shares to deliver, while the SEC forgets to ask, where are the shares.

Just another bent day on Fall st.

Mr. Copper Unveils US Dollar Split: $20 Old US Dollars in Exchange For $1 New US Dollar

Posted by Mr.Copper @ 12:41 on July 22, 2022  

This is important because the US Dollar has shrunk in value so far, that $1 is equal to two hamburger rolls, and or 4 slices of white bread. So it no longer makes sense to have 4 slices of bread divided into 100 pieces or a penny as the smallest denomination.

The new Penny will be worth 20 cents, the new Nickel will be worth $1, (postage stamp) the new Dime will be worth $2 (for a cup of coffee) The new Quarter will be worth $5 (for a gallon of gas) The Half Dollar coins .50 cents will be worth $10 (a meat ball hero).

This way all the annoying pocket change will have great value and circulate, rather than end up useless in jars and cans, and naturally a $1 bill will buy $20 dollars worth of something.  The new $100 bill will be worth $2,000 each, (1950 Chevy was $1,000 new) and $200 new dollars $4,000 will buy a new expensive $80,000 car.

Stock splits often attract buyers, because they are starting with a lower more affordable price per share. A US Dollar split would have to be done at 2:00 AM on a Sunday. Also all bank accounts checking accounts, brokerage accounts and prices at the deli and car dealership will have to be divided by 20.

Mark my words, this will happen some day. Things that have to happen, happen. I knew in 1970 that the police should be using SUVs, look how many years it took. I knew in the 1960s a right turn on red is harmless, we had to wait until the 1970s for that. Some day the slicing machine for ham at the deli will have a built in scale where the meat falls.

ipso facto @ 10:24 on July 22, 2022

Posted by Ororeef @ 12:13 on July 22, 2022  

What happens when Russian Strong Currency gets in bed with China’s Collapsing currency ..Its like getting in bed with a Chinese whore ..you wake up with disease   .Bad move Puttie !   You sleep with Dogs ,you wake up with Fleas..Chinese proverb  hehe.

Great Panther Mining unveils 1-for-10 reverse stock split

Posted by Mr.Copper @ 12:03 on July 22, 2022  

Great Panther Mining (NYSE:GPL) said on Monday it will consolidate its common shares on the basis of one post-consolidation share for every 10 pre-consolidation shares.

The company currently has 471,164,174 shares issued and outstanding; upon completion of the consolidation, it will have ~10% of the current share total.

Great Panther (GPL) said the move will allow it to comply with the minimum price listing standard of the NYSE American exchange and maintain its listing.

The company expected to begin trading on a post-consolidation basis on the NYSE American and Toronto stock exchanges on or about July 25.

While production is expected to rise sharply in H2, Great Panther (GPL) “will still have some of the weakest margins sector-wide, making it much higher risk than its junior producer peers,” Taylor Dart writes in an analysis posted on Seeking Alpha.

https://seekingalpha.com/news/3855856-great-panther-mining-unveils-10-for-1-reverse-stock-split

Royal Canadian Mint Dumped 4-6 Million Ounces of Gold into River -theres NO LIMIT to the Stupidity of the Canadian Government !

Posted by Ororeef @ 12:01 on July 22, 2022  

 

Bob Moriarty
Archives

Jul 21, 2022

Between 1908 and 1956 estimates of gold losses from the processing of 225 million ounces of gold by the RCM amount to just over 4 million ounces. Processing from 1956 to 1975 might add another 2 million ounces. The mint dumped gold and silver waste into the Ottawa River until 1975 when it was made illegal.

ipso facto

Posted by Maddog @ 11:31 on July 22, 2022  

Re The shares

It has to be a combo of manipulation, that causes them to stink and that in turn keeps punters away.

I see a favourite short is up 25 % tdy….GPL

« Newer PostsOlder Posts »
Go to Top

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