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

treefrog mentioned the CPI coming out this am, so I suppose it could derail us with a hot print. If the numbers were real, it would be boiling hot, but they aren’t so I suspect they’ll be in-line with the expectations. The hope is that we are getting to a time when they don’t really matter.

Dollar is flat, rates down slightly, oil up $.60 below $84, and SM futures up a little.

We are outperforming this am with silver above $66, and gold $4400

PM shares took a breath for a couple of days and should move up now. As always, we’ll see what the scum says about that.

Checking the tracks
https://www.railpictures.net/photo/910333/

Crimes against humanity.

Mega venture.

Barrick moves ahead with IPO following Newmont deal https://share.google/xePv8DJcE8x84RhzZ

Whites are only suicidal if their gullible and go along with the lunatics. They don’t have to put of with these racist manipulators. It’s just a red flag notice especially if foreign don’t let them in.

The fact is thess type of raging racists are the ones who are suicidal.

You can’t to math, science, anything  thing that requires study does not apply to you because your color is not smart enough. Well put you on the little bus and give you easy stuff and maybe your lucky you can find a job with that arts degree. If they pass the ones through that don’t belong there the real world will sort them out. But hey be mean and nasty too that will help.So who’s suicidal?

Years back when one of my Muslim doctors said  something like with friendly satire nice to see you after so long how have you been. This was during Biden’s reign of destruction including Palestine.  I said fine as long as no one brings up politics. I think it was the first time I saw him laugh.

Long term hold IMO but don’t own it yet. Late late late.

The author has definitely bumped his head. Sounds straight out of the Babylon Bee!

Re white privilege: niceness.” That cracks me up! An extremity of idiot drivel!

Goes along with that saying be careful what you ask for you just might get it. So we can use him as reference to hostile behavior towards people like  him other wise he will think we’re racist.

Some could easily sum up his mental bias to a raging racist. If it looks like a duck, walks like a duck and quacks like a duck it’s probably a duck.

He got voted in! I’m hearing it called suicidal empathy. Sheesh

We’re making lots of war material!

drops tomorrow morning.

up? down? or sideways?

I’ll sum that article up to a person with mental illness. There are different types of mental illness and bias. For instance non hostile mental illness and hostile mental illness. This person appears to lean toward hostile.

Instead of thowing a word for it although people should do a little research if exposed to this person so they can learn ways to deal with him if they can’t simply tell  him to get help or get lost. This person  shouldn’t be working with the public if what ever he is bias of is around to bother. Like schools and other social job where also ” niceness” is a desired quality.

“Islamic Center” That is quite a befuddlement to me! The community was against it and had their desires ignored. Perhaps there is some pressure or payola in regards the city council members?

“white privilege: niceness.” That cracks me up! An extremity of idiot drivel!

What a world we live in! The world itself is “the circus.”

Kahn, isn’t there any term limits on him?

Re London

It is the Mayor Khan, who is behind that.

https://www.zerohedge.com/political/residents-storm-city-council-texas-over-islamic-center-approval

Surprise surprise, muslim Javaid Anwar is on of Greg’s top donors. $6.3m since 2008, and is in charge of the Texas Higher Education Coordinating Board.

Even being nice to people is now coming under attack. Suits the islamists, I suppose, as not being nice to anyone seems to be part of their make-up. I do know some nice muslims – but I don’t think they would consider themselves in the same frame as islamists. It will be interesting to see how easily they might be radicalised if push came to shove.

https://www.zerohedge.com/political/niceness-whiteness-professors-denounce-politeness-privilege

‘Reloading Leverage’: Goldman’s ETF Guru Flags These 4 Key Themes Amid Industry Resilience

Wall Street Mav
@WallStreetMav
·
3h
They are almost literally at the castle gate. Buckingham Palace is not more than 5 blocks away.
Quote
Dr. Maalouf ‏
@realMaalouf
·
5h
There are more than 500 mosques in London, but they chose to pray on the grounds of Westminster Abbey, the most sacred site in the Anglican Church.

Why?

https://x.com/realMaalouf/status/2087173274803265536/video/1

…made a video on Instagram today. Here is the link ( Hint; he says he’s going underground to check something out)…..

https://www.instagram.com/reel/Db3XJDwIFKI/?igsh=MTAzYTkxdTQ4bDZicw==

I think it was near the middle of July, when I posted the GDX chart and my amateur wave count showing a target of 70.  At that time I began buying small positions in over 20 pm stocks.  All have done okay or better as would be expected in a bull move, but in retrospect some of the choices were weak ones.

I bought Barrick (I was surprised too, but I wanted some positions that were less volatile and it is a big part of GDX) as B hit the bottom Bollinger and GDX was at target of 70.  In spite of the big hit, it has support at the 18 week moving average and I have not been stopped out.

aurum

While the traders most likely have programs that locate stops, it would not be significant except for a large position where they would move the market to hit that stop.

However, if you place your stop in a standard location as under a common moving average, or below a recent low, or a common 10% then your stop will likely fall with many stops and so be the equivalent of a whale position.

I agree that stops written on paper are the best if adhered,  but again set in an unpopular amount.

I use weekly charts and set mental (written down) stops with significant losses so to be seldom hit.  If it is hit, I do not rebuy at higher and seldom at lower prices.  I move on to another opportunity.  This is how I do it for my trading window of months to a year holding time.

With small cap miners and big volatility, one would expect 15 to 25 percent dips.  The two things that help me are:  I sell when the stop area is hit or sometimes earlier if the chart looks dodgy.  The mental energy expenditure of riding a way under water stock is too high.  Second, I am very cautious about my entry points.  I use a combination of a momentum indicator and wave count and just chart look to buy.

When a buy doesn’t work I accept that I am playing in a rigged casino with rigged dice.  With that disadvantage and no indicators that work all the time, but only a high percentage, what can you expect?

aurum

I start with small positions, do not add to losing positions, and only add when a significant gain cushion exists and then on dips.

Still zero correlations. I kind of think that’s a good thing though.

drb2 – I think the same thing. Every time I’ve ever put a stop on it gets picked off. It’s all BS. These guys just steal from ya.

These shares are really strong right now. Pretty impressive. What a difference from a week ago.

The Kobeissi Letter
@KobeissiLetter
Retail investors are rushing back into gold:

The largest US physical-gold backed ETF,
$GLD
, attracted +$50 million in retail inflows on Wednesday, the largest daily inflow since March.

This was also twice the previous largest daily inflow recorded since early April.

Overall,
$GLD
attracted +$637 million in inflows on Wednesday, the largest daily inflow since June 18th.

Subsequently, the fund posted +$77 million and +$431 million in inflows on Thursday and Friday, respectively.

So far in August, investors have added +$1.4 billion to
$GLD
, putting the ETF on track for its first monthly inflow since February.

Investor appetite for gold is back.

chart

Did you watch that video on the dollar They found a way to end dedollaration or a portion of it.Not that inflation won’t go away. Even if they increase interest rates they won’t stop spending and printing. Inflation’s here to stay unless by some miracle they do stop in our life times. Just remember that end game has a sell the top and turn off the it will go higher talking heads that will come out. They’d also mandating banks to buy short term treasuries in order to lend.