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

Schiff is right but maybe has over looked the fact that these same average people who can’t afford to buy food or cutting back on healthy food, how are they going to buy gold?

Maybe big players will when they feel the need to but not the average citizen and if they did have it would they need to sell it to pay their bills.
I remember between  before 2000 up to 2008 I saw a lot of women wearing multi gold rings including  young women with low wage jobs. After 2008 I barley see women wearing gold rings or other jewelry even wedding rings. Many had to sell them after 08 crash,

Last year I started unloading quite a bit of my physical on the kids. Told my son who I handed a bag of silver for his wife and son and for him gold you’ll need this some day and don’t want to wait for someone else to distribute it if something happens to me.He was shocked and didn’t know I had it and immediately recognized gold coins were valuable but not so much the silver because he doesn’t watch it but his wife does. He was stressing out where he’s going to stash it. But would he buy it even if he could afford it when as typical as it goes the more money you make the more tangibles you buy and have more debt when younger and accumulating things.
Like Schiff said, someone making 150k a year is having to use his credit card, He’s not doing that but everything has went up in prices, So then he’s trying to buy me stuff lol but told him I don’t need anything and he knows that. Just assured him I’m not planning on dying anytime soon but you never know and wouldn’t worry him with it anyways even if I was. That if something bad happens in the economy it could happen fast.
Now besides maybe if  the market might crash but how many are in the market aside from those who have 401k or retirement. Many are afraid to lose money in  the market and would rather have cash and tangibles and enjoy life than waiting for the end of the world or why they still can. I see they’re also trying to help each other in local business by by buying local or supporting their favorite hangouts just not as often now, Especially after 2008 crash. Then the working poor or just poor.

The only thing that will effect them is if they lose their jobs like 08 or Covid and the Gov is good making people lose their jobs because one their a bunch of posers and  it doesn’t affect them.

Amazon he mentioned employs a lot of people and breaking them up will only cause a lot of jobs as well as all the people that need them or even depend on them because their home  bound. This  is more of their idiocy that says the gov isn’t even a necessary evil anymore but just evil. The insult is they’re  a stupid evil.
That we need a new non party system that can’t  take money from anyone including lobbyist and has financial and constitutional oversight and accountability.
If they want to go after someone go after Black Rock and anyone else like them driving up prices. Amazon isn’t driving up prices and if it’s Walmart doing it, their delivery is terrible. They don’t tell you what can be delivered and what can’t if you order from them  and split it up then don’t answer the phones if you pick curb side pick up either because they have a skeleton crew than has no time to answer the phones and Target doesn’t have cheaper prices as far as prices than Amazon and went woke. It’s likely one of them doing it to Amazon.

https://www.zerohedge.com/markets/peter-schiff-its-beginning-end-whole-phony-economy

Gold and silver down about 1-1/4 % today .
Platinum down almost 1.9 % ,
but the other platinum group metal , Pd , is only down 1/3rd of 1% .

The principal producers of Palladium in the World are the R and S in BRICS .

HMMM ! Why might that be ?

Correction @ 3:30 pm .
Platinum down 1.77 % ( was 1.88 % )
Pd down $5 now , 0.42% , from $4 loss earlier.

Good point, who will take the CBDC and I hope we don’t either but instead have these people vacate the office.
I know it won’t stop oil since these climate change zombies won’t crank up the drilling here but will do a lot of damage to the economy. Do they think people who are now broke on top of it but even if they weren’t  are going to suddenly go out and say oh I need to buy a EV car and won’t help the supply chain issues either.
They’re going to say F off. And the poor what are they going to do? We already know what they’re going to do and their creating more of them by the day. At some point how how can you blame a father or mother robbing a bank or a store to feed their kids even through it’s a unintended consequence to the stores compared to lawless laws today inviting it to freeloaded along with the poor.

Psycho mixed with narcissistic traits like them enjoy it because they like to place themselves on top of everything even if they have to lie cheat and steal which is what they usually do in absence of any natural talent. You cannot negotiate with them nor point out their faults as you see because it will only result in vindictive behavior and because they only care about themselves and don’t see themselves as doing anything wrong, They will just make excuses or justification because it’s it’s not them it’s you, it’s us and we’re just their fuel sources for their psychotic delusions their on top were there for them. What ever is ours is theirs. It will only stop when their stopped.

So, watching the circus aka the SM. All of a sudden, the dollar drops a couple bips and the SM rallies – especially tech. Does the SM need a weaker dollar? PM’s rally up a little but not much.

The problem with the dollar dropping? Oil rallied up even more, now up 4%

I hate to see these pm shares bounce ONLY when the SM rallies. it says nothing about what the metals are going to do.

I mention the CBDC because Rickards put out an article yesterday that said the CBDC’s were a lock. Are the Saudi’s going to take our CBDC? I sort of doubt it.

As far as raising rates because of oil, well therein lies the problem. Oil is going up anyway with rates rising. They are so screwed.

It is obvious from today’s action in particular , that NY banks and the Fed still have muscle . I look forward to the day we see the slingshot effect in our PM’s .

Complex Systems Won’t Survive the Competence Crisis

https://www.palladiummag.com/2023/06/01/complex-systems-wont-survive-the-competence-crisis/

Oil prices rising, government spending bill on the table and the stock market which is also stressing financials. Which will the Fed choose??

Oil prices and “ climate change” are like gun sales when they press for anti gun legislation by the democrats.
Now  we have supply issues thanks to Bidenomics. Not to mention he depleted our reserves to artificially bong prices down and let China buy it while he was at it.
Meanwhile Saudis decides to extend their cut backs.  This is going to effect all secures of the economy and probably call for another rate hike.

https://gregreese.substack.com/p/white-house-knew-covid-vaccines-were?r=poko7#play

Bonds are being dumped by the billions. I’m not sure the Fed wants a disorderly bond market. They might think they’re in control – and maybe they are – but it doesn’t feel like it to me.

Sinclair did say that a rapid rise in rates would be gold bullish. Course Sinclair lived in the days when algo’s didn’t rule markets.

Someone may change the algo programming.

Interesting that you bring up oil. Something is not right there. Oil and Nat Gas up over 3% does not make a lot of sense with the dollar “so strong”.

There’s something going on that we are not privvy to yet in the energy markets. Whether it’s with the Saudi’s or something else, it looks like oil is going to skyrocket. Not very often we see a 3+% move there. Something has broken IMHO.

I do think eventually gold, and even silver will sniff this out and start rising regardless of the dollar index.

In the meantime though, it is death for these miners.

In one sick way, I’m glad to see them finally collapsing because the slingshot could be epic.

A couple of the biggest dogs in the silver market – AG and EXK are actually holding up pretty well, while the large caps get crushed. Course they’ve been obliterated for months, but the large caps are playing catch up.

Popcorn time. The misery index is about to explode.

All of Europe and the world should know about this government funded Frankenstein as well as other companies like Pfizer, GSK, and probably all of them but particularly the NIH and Fauci their salesman since the days of AIDS  and selling their toxic AZT which also wasn’t a accident.

They’ve been working on the cold virus for years.
The NIH is a Frankenstein business and should be shut down. It will never be their fault it will always be someone else’s when their above the law mischief leads to trouble.
Wuhan lab to the manufactures of the vaccines even though it was not only them behind it but selling it for profit like typical psychos behind it and investors like Gates.

Someone said I must  not like money because I found Monderna back in 2019 and you know what their ticker symbol is? MRNA. But NIH didn’t have anything to do with it right? Or the fact it just happened to pop up a year before the outbreak. not that I don’t like money just not to take advantage of others or kill them! Although all the virtual signaling going on I probably should have up until the mandates.

if you look up NIH either their suing some business or they’re being sued by some business. All under the watch of the Gov. This is no small time lemonade stand. They’ve been up to no good for decades and so called labors  anti vax watch  has been watching them fir years as well as animal rights groups the PETA for random torture of animals.

Here just a few you’ll find. You’ll also find they finally admitted funding Wuhan lab.

NIH sues Monderna

Of course they just borrowed the vaccine NIH didn’t have any thing to do with it right even though Nih already partnered with them for profit.

As Moderna racked up tens of billions of dollars in sales of its coronavirus vaccine, the company held off on paying for the rights to a chemical technique that scientists said it had borrowed from government-funded research and used in its wildly successful shot.

But Moderna and the government have now reached an agreement. The company said on Thursday that it had made a $400 million payment for the technique that will be shared by the National Institutes of Health and two American universities where the method was invented.

https://www.nytimes.com/2023/02/23/science/moderna-covid-vaccine-patent-nih.html

NIH sued by Boston biolab foes

NIH sued by Boston biolab foes. Group claims agency violated federal law in choosing densely populated site for new biocontainment facility.

NIH, Patents, and Public Interest” by Nida Shakir

by N Shakir · 2013 · Cited by 5 — In February 2010, the Alzheimer’s Institute of America (AIA) filed a patent infringement lawsuit against

I’m not sure what this one’s about

L’Oreal Sued For Uterine Cancer After NIH Hair Products Study

By Dave Simpson
October 24, 2022, 8:13 PM EDT

L’Oreal USA Inc.’s hair straightening products caused a Missouri woman’s uterine cancer, according to an Illinois federal court suit filed by a mass tort attorney who said she’s preparing similar suits…

So, months ago as stated in a response to Alex V now here we are …so, I’m going in a good  bit now. Worse case again as stated was $ 1845. could happen still but just can’t resist.

• Costco has been selling one-ounce gold bars.
• The retailer limits them to two per member but they typically sell out “within a few hours,” its CFO said.
• Rand Refinery gold bars cost $1,950 each, while PAMP Suisse bars cost $1,980.
• https://www.businessinsider.com/costcos-gold-bars-1-ounce-selling-out-in-hours-galanti-2023-9

1 oz Gold Bar PAMP Suisse Lady Fortuna Veriscan (New In Assay) | Costco

• Comment: Interesting news. It makes gold easily available to the masses. Especially if they can buy it in the stores.

As i said to my wife….there are any number of Cold variants, which has meant that no antidote has yet been created, yet they created a vaccine within days of Covid…….which as we know is part of the Cold family…..Yeah sure…as someone else said……I smell Bullshit.

The mail must go through!
https://railpictures.net/photo/822825/

I wryly told my healthcare worker friend who had to take the shot:

“You realize that you are now a Genetically Modified Organism?”

He just shrugged.  “I’m 70, and I’m not having any kids”  fatalist attitude.

But the failure of ‘Informed Consent’ and adequate safety studies is a massive failure of the system, and it is all coming to light now… after the damage to humankind has been done.   Ugly, evil plot.