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

The stock market is looking a lot like it did before the dot-com and ’08 crashes, top economist says

Posted by Mr.Copper @ 21:06 on February 12, 2024  

parts

“With each passing day, this has the feel of being a cross between 1999 and 2007. It is a gigantic speculative price bubble across most risk assets, and while AI is real, so was the Internet, and so were the high-flying stocks that populated the Nifty Fifty era,” he said, referring to the group of 50 large-cap stocks that dominated the stock market in the 60s and 70s, before falling by around 60%

“With each passing day, this has the feel of being a cross between 1999 and 2007. It is a gigantic speculative price bubble across most risk assets, and while AI is real, so was the Internet, and so were the high-flying stocks that populated the Nifty Fifty era,” he said, referring to the group of 50 large-cap stocks that dominated the stock market in the 60s and 70s, before falling by around 60%

The stock market is looking a lot like it did before the dot-com and ’08 crashes, top economist says (msn.com)

Mr. Copper

Posted by Buygold @ 16:19 on February 12, 2024  

Off the highs today for the shares, but at least didn’t crater with the Nasdaq as is the norm.

I agree about gold, and still believe silver, and to a lesser extent the shares are the key.

We will see. The SM is certainly overextended to say the least. Especially tech.

And then comes “Disease-X”

Posted by Maya @ 15:22 on February 12, 2024  

https://www.zerohedge.com/medical/fatal-alaskapox-infection-reported-near-anchorage

 

@Buygold

Posted by Mr.Copper @ 14:21 on February 12, 2024  

I agree. Plus Silver got so low its up for three days now. If Silver rockets back up to $24 or $25, gold should do better. Besides that, TPTB or deep state are in a losing trend. They can’t win. In my opinion of course.

Plus knocking Silver down probably helped Gold drop. Also they like to knock Gold down before the open, probably to scare people, but they lose part of their bash during the day. Look at Silver and Gold going opposite each other.

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

Plus again. The Bonds look ready for a bounce, (lower rates) and the Dollar looks ready for a drop. And the idiots running things simply didn’t raise rates high enough, like in the 1970s.

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

US Dollar https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d

Another point. The Fediots must have sweat on their upper lips watching the general market going up like Silver and Gold in the 1970s. (And the high real estate market.) The Dow was under 1000 from ’68 to ’82. Everything cost about 20 times more. So a 1000 Dow should be 20,000 today, not almost 40,000.

Dow SnP  https://finviz.com/futures_charts.ashx?t=INDICES&p=m

Mr. Copper

Posted by Buygold @ 14:07 on February 12, 2024  

If gold can shake off its early losses, we may be carving out the bottom you’ve been looking for, or at least a bounce of some sort.

Shares are doing pretty well, although it’s hard to tell if it’s because of the strength in the SM. OTOH, they’ve been up all day, despite the lackluster performance of the metals. No real volume in the shares today but if we’ve bottomed for a while that will change. The dollar may be getting tired and the COT report was encouraging.

The first decent thing I’ve had to say in a long time. We’ll see. Staving off $2K for now.

FWIW…

Posted by old-timer @ 12:19 on February 12, 2024  

James Kunstler looks beyond the necessary disruptions.

Think About It

A lot of green in the mining shares so far with gold down … jus sayin

Posted by ipso facto @ 9:43 on February 12, 2024  

KOW

Glimpse of the future?

Posted by ipso facto @ 9:38 on February 12, 2024  

Posted by ipso facto @ 9:28 on February 12, 2024  

Posted by ipso facto @ 9:19 on February 12, 2024  

First Eagle Investment Reduces Stake in Novagold Resources Inc

https://finance.yahoo.com/news/first-eagle-investment-reduces-stake-120338997.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfNS92aWV3L3Yx&guce_referrer_sig=AQAAAB-72ejGFIkTaTrFStcdvxPoHE2PSfWz7eu9y27u4HCwamrq2rH927xbbS2bG0pdr_yr_lb6281xnIFnOw3A70S0yK7RZUfrTkkJyAtRXEAIT5fqKXDwvKm1C6VkFWnMuSY2_BOvPOvpCAj2XZERZMIeco6QYtOS8x4rS9C4a8JA&_guc_consent_skip=1707742234

Perpetua Resources Receives up to an Additional $34.6 Million Under the Defense Production Act

https://finance.yahoo.com/news/perpetua-resources-receives-additional-34-120000918.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfMi92aWV3L3Yx&guce_referrer_sig=AQAAAAAb3Ce7WNXt0CIt9JLeaNas2X5v941FguyvELYKhsOv8oISopPrIe1q5saYSkWrkFm4QxPUq6iUJc-ZTEvTaMKaWXblS-7kaSnD8uaVV9HWUSqlKyeE6Yp0p54bssO9qJ5JUfDnKT3JREBMw45BlFedOsT7VV2q4Q4zoZbJTqDy&_guc_consent_skip=1707742335

NEVADA KING INTERCEPTS 3.52 G/T AU OVER 61.0M AND 6.05 G/T AU OVER 41.1M INCLUDING 19.44 G/T AU OVER 7.6M, EXTENDS OXIDE MINERALIZATION 300M NORTHWEST OF THE ATLANTA PIT

https://finance.yahoo.com/news/nevada-king-intercepts-3-52-123000516.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfMi92aWV3L3YxP19ndWNfY29uc2VudF9za2lwPTE3MDc3NDIzNzg&guce_referrer_sig=AQAAACPeV7c00ixnOT3vAKJOJKje5_JVwUJRHE1wd4rFRTxeqTeOc67kXbEXdSI8rlEkyWrESJ1fJuCPkGYmU8Y1ASR6wkE9ONV7TMmMaEZrS1Me0Nm7knJGwb-p5Z7l1u7ZyLKgDD_6iC6aG9ggL2scEjEi8bX2U-3hwySVGLbfa-GB&_guc_consent_skip=1707742401

TDG Gold Assays 43 Metres Of 2.11 G/T AuEq From 20 Metres Depth at Shasta, Toodoggone

https://ceo.ca/@accesswire/tdg-gold-assays-43-metres-of-211-gt-aueq-from-20

Sun Summit Defines Multiple High-Priority Gold Targets at the Creek Zone, JD Project in the Toodoggone District, North-Central B.C.

https://ceo.ca/@newsfile/sun-summit-defines-multiple-high-priority-gold-targets

Talisker Announces Completion of Decline Construction at the Mustang Mine

https://ceo.ca/@globenewswire/talisker-announces-completion-of-decline-construction

Mawson’s Subsidiary SXG Reports Nine Holes from Sunday Creek Four > 100 G/T AuEq X Metre (Cumulative) Demonstrating Continuity and Predictability. New Vein Discovery

https://ceo.ca/@accesswire/mawsons-subsidiary-sxg-reports-nine-holes-from-sunday

Outcrop Silver Announces Marketing Service Agreement

https://ceo.ca/@newswire/outcrop-silver-announces-marketing-service-agreement

Golden Arrow Provides Update on Option Agreement at the San Pietro IOCG Project

https://ceo.ca/@newswire/golden-arrow-provides-update-on-option-agreement-at

Go, Vivek-!!

Posted by Richard640 @ 9:18 on February 12, 2024  

Did Donald Trump Enter Mar-A-Lago With His VP Pick? Video Intensifies Rumors

President Trump and Melania entered Mar-a-Lago with former GOP presidential candidate Vivek Ramaswamy and his wife, Apoorva.

Video footage of the two couples entering Mar-a-Lago together has intensified rumors that Ramaswamy will be Donald Trump’s running mate.

WATCH:

NEW: Vivek Ramaswamy spotted at Mar-a-Lago with Donald Trump as VP rumors continue to heat up.

🔥🔥🔥

The development comes just 1 week after the New York Times suggested Vivek would be Trump’s VP pick.

“If you’re Trump, you think — no, you know — that your greatest asset is… pic.twitter.com/Uh9hDnZ2fs

— Collin Rugg (@CollinRugg) February 11, 2024

Collin Rugg writes:

Vivek Ramaswamy spotted at Mar-a-Lago with Donald Trump as VP rumors continue to heat up.

The development comes just 1 week after the New York Times suggested Vivek would be Trump’s VP pick.

“If you’re Trump, you think — no, you know — that your greatest asset is your supreme, inimitable, undiluted Trumpness, so you want a second serving of that, a force multiplier of it, a walking, talking tribute to, emulation of and genuflection before it,” opinion writer Frank Bruni said.

“You want Vivek Ramaswamy.”

VP Speculation Explodes When Donald Trump enters Mar-a-Lago with Vivek Ramaswamy. How do you feel about this? Is he your pick? pic.twitter.com/RNPlJfabPf

Maya

Posted by Maddog @ 4:35 on February 12, 2024  

Tks for the info

The clue I got that Biden is out, was that Press conference, the Press have been told they can get him.

I maybe stating the obvious, but the way I see yr election developing, is that Biden has become such a lousy candidate, tks to his exposure of being in the Oval Office, that no-one will believe that he could beat Trump… the cheating would have to be insane.

So they have to put up someone more plausible, who they will proclaim as the next Messiah….and cheat them in…..As for Hellary….this is her last chance……as another Dem might get two terms…..will she behave for the party or lay waste, as only she can, to get her ultimate prize….My bet is she will lay waste, when I think about it, as she is way more evil than any of them.

Super Bowl Indicator

Posted by Maya @ 2:19 on February 12, 2024  

… says the market is going DOWN.  Fasten seatbelts!

Gold Train

Posted by Maya @ 1:14 on February 12, 2024  

San Clemente sunset
https://railpictures.net/photo/833354/

 

Maddog @ 18:43

Posted by Maya @ 1:13 on February 12, 2024  

Not much has been said about the Hildebeast’s health problems that were an issue in the last campaign.  Is she still stumbling on stairs with brain issues?  Trump trounced her once… does she really need a repeat beating?

Big Mike once said in a TV interview that asked if he/she/it would consider a run for president.  After a pregnant pause, the cautious reply was:  “That’s not really me” and appeared very reluctant.  Allegedly does not like “being on display”.

Now Gruesome… that political dog will take any bone that is thrown to him, IMO.  But I don’t think Californicated socialism will beat out MAGA.

silverngold @ 11:56

Posted by Maya @ 1:00 on February 12, 2024  

Birth issues aside, Obummer was raised in Hawaii by his banker Grandmother, and went to the finest private school in Honolulu.

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