Posted by Ororeef
@ 23:47 on March 13, 2023
your 30 year bond will pay ..you just have to endure 30 years of inflation in the mean time …They require pensions to hold “safe” bonds …goodbye pensions …see saw see saw inflation up..bonds down .. whats new about that ?EVERY wall st firm knows that ! its a gubberment requirement that Bonds lose money so they dont have to pay pensions thats why they require pensions to hold bonds.We are the Gubberment trust us…
These are the same people that tell you not to buy that “barbarous-relic” GOLD ! How they process WORDS indeed,when they seek to deceive !
Posted by Buygold
@ 19:06 on March 13, 2023
Seems like we learned today of the immediate casualties of SVB, pretty sure this is just the opening salvo.
Thing is, the Fed could be creating a similar problem for banks on the short side don’t you think? Worse for the shorts as this move has been hard and fast.
Mr. Copper – let’s hope we see $2200 – 2300 this year soon. At minimum we should get a 30-40% up move.
Posted by Buygold
@ 18:59 on March 13, 2023
This looks a lot like the rally we had in the first two weeks in November when we were up 20%.
Flat or follow thru tomorrow. Just a hunch.
Posted by silverngold
@ 18:27 on March 13, 2023
Posted by ipso facto
@ 16:11 on March 13, 2023
The Russians and Chinese gotta be laughing their asses off at us!
Pretty decent day in gold and silver land! These banks blowing up are not the kind of thing which goes away overnight.
Posted by Maddog
@ 15:53 on March 13, 2023
This crisis may not be over by a long way.
Posted by Maddog
@ 15:42 on March 13, 2023
Posted by Mr.Copper
@ 15:40 on March 13, 2023
Posted by Maddog
@ 15:38 on March 13, 2023
Spot on re Powell….Greenspan taught ’em how to use the mkts, to make it look like whatever he said, the mkts were impressed by…that’s why they all called him a Guru, when in fact he was a lousy economist, …..he is married to a screaming pinko journalist…I forget her name….but he was never a true friend of Gold…
Posted by Maddog
@ 15:34 on March 13, 2023
first in line is senior management, then other employees it seems…….
‘Silicon Valley Bank on Friday paid out annual bonuses to eligible U.S. employees, before the bank collapsed and was seized’
https://unusualwhales.com/news/silicon-valley-bank-on-friday-paid-out-annual-bonuses-to-eligible-u-s-employees-before-the-bank-collapsed-and-was-seized
Posted by Mr.Copper
@ 15:32 on March 13, 2023
Can you guys imagine what would have happened with Gold today, if those jaw boners failed to bash it down with “words” in Feb??? Gold flying from a higher level? Today would have flew past$2200, $2300. Evidently they KNEW ahead of time this bad news bank news day was coming.
Posted by Maddog
@ 15:29 on March 13, 2023
Posted by Buygold
@ 15:22 on March 13, 2023
despite a little hit to the metals, right near the HOD
Looking for that 250-265 area in the HUI by week’s end, maybe even above $2K?
Posted by Mr.Copper
@ 14:41 on March 13, 2023
If the financial media simply told everyone that everything is in a reversal transition, maybe they wouldn’t lose the money. I swear 9/11 screwed TPTB really good.
Posted by silverngold
@ 14:37 on March 13, 2023
“Our data vendor continues to have issues with intraday data for some symbols, including $SPX, SPY, $VIX, and many ETFs. We apologize and we are continuing to work with our vendor to get all symbols working again ASAP. Thanks for your patience!”
Posted by Buygold
@ 14:13 on March 13, 2023
Thanks for the response. You’re smart to carve out the middle, I’ve tried to buy far too many bottoms in my life.
Posted by Buygold
@ 14:07 on March 13, 2023
across the board, yesterday volume in GDX was heavy and we’ll easily exceed that today.
Great day, I haven’t been manic over a pm rally in a while. 🙂
Posted by ipso facto
@ 14:00 on March 13, 2023
Posted by Alex Valdor
@ 13:50 on March 13, 2023
Truth must be hidden from We, the People .
Amy’s group ‘Daily Clout’ is made up of volunteers doing work similar to that of Karen Kingston .
Posted by goldielocks
@ 13:39 on March 13, 2023
You know what I suspect this some of this woke is about? More psychops depopulation by manipulating their selfish gene to get them to depopulate willfully because their so into themselves. If people get too selfish they’re not gonna want children. And if they do have children they may project out and have their children’s reproductive organs ruined or even removed.
Posted by aurum
@ 13:33 on March 13, 2023
Some of the pm positions I have are a result of conversations I have read here at the Oasis.
aurum
Posted by Buygold
@ 13:32 on March 13, 2023
I’ve seen at least two serious attempts to waterfall us today so far that have failed. We’ve come back stronger on both.
We are strong, but hell, palladium is up $100. We should be strong.
Posted by aurum
@ 13:28 on March 13, 2023
I no longer trade and have just a few small pm positions that are holds. As you may recall I have been buying US notes and bonds as the auctions come up. Yes like SVB some are under water if sold today but I should be able to hold until maturity so I figured I would be okay buying before the interest rate peak even if I could identify it.
In terms of GDX, I see the recent correction using a 5 year chart as a wave 2 not an a wave. It is too early to confirm that view even looking at a 5 day chart. If I were trading I am happy catching the middle part only leaving the early possible move and the final high hopefully for others. So I would not yet be buying.
I am using my ipad and it does not have the charting software my laptop does so I can’t show detail.
aurum
Posted by goldielocks
@ 13:17 on March 13, 2023
Kool, I just hope there’s no war though because of these neocons sitting behind a desk somewhere.
Yeah I heard about the woke and now the saying go Woke go broke. I didn’t know but should have it was that bad. I guess they’ll learn the hard way but in the process they screw things up for everyone else like the mom with the small business with kids to feed that didn’t get paid because of these pampered self centered wackados.
Posted by Buygold
@ 13:15 on March 13, 2023
aufever – I’d buy AG if I want risk/reward and WPM for stability and performance. Ipso might like some others. I am no longer going to buy anything under $2. Can’t get them to work out for me.
samb – thanks, I love to hear and try to understand strategy
Gold up $50