GoldTent Oasis is dedicated to our friend and founder John F. Murphy (Wanka) of Key West, Florida without whom this website would not exist. Gone but never forgotten.
ENTER ~ Post by the Golden Rule. Gentlemanly conduct is the attire of the day. GoldTent Oasis is not responsible for content or accuracy of posts DYODD. ~~~~~~~
I have plenty of nut case days myself. Just try to keep it to myself.
Sector funda’s got a boost this week. There could be another plunk, but if those are bottoming patterns on the weeklies, then we are due to be coming out the right side soon enough. Look at the symmetry and notice that the patterns are running out of room until they get to the equiv. of the massive 2012-2013 downside. Except that if it holds symmetry, it’s gonna go in the other direction this time. We’ll see.
BTW, I put the link back. Okay, gotta go do some writing. It’ll be a fun one this w/e.
Well, no apology necessary. I have been linking your blog here for a while simply because I see it grounded on the facts and fundamentals regardless of where anyone thinks it should or should not be. Reading your site helps me keep things in perspective, a tough one to do when your right brain is contesting the left. Of all the blogs I have read for many years, yours is likely the only one I would consider paying for.
This is a good forum filled with some great contributors and the odd nutcase one of which I might be on a bad day. Thanks for dropping by.
I somewhat followed what was going on with the old Goldtent and the players over there that did whatever they did, and got the drift that this Oasis was the real deal Tent people trying to start anew after getting something of a raw deal? That’s the drift I got anyway.
So I wanted to help get some exposure for Oasis since the other outfit looked played out. But the very next post was something very political and inflammatory and due to my curmudgeon like nature and view that politics and religion should not enter into the gold market as anything other than a distraction, I nixed it.
I noticed that a post of mine was linked here today, and that is how I first found the old and now the new Tent. I am not a very popular gold bug, since half of them (that even know who I am) dislike me, and the feeling is mutual toward that half.
But I thought the idea of a forum where people seem to get along and share good ideas and news was a good one. So much so that I joined.
No wonder we are the laughing sock of the world. The wold is burning and POTUS all about ME ME ME ……I I I…….it’s Bush’s fault……..no one asked about my birthday…..boo hoo hoo……
This is the post that got me thinking he was referring to someone here .. good possibility that I’m wrong, of course.
If you saw it you saw me trying to do a good turn for some people on a forum. But then if you caught the edit (before I deleted the post), you saw my frustration at a post that showed up there right after. So I just nixed it.
The forum of which I speak is still linked over on the right (for now).
Not long after that was posted, I noticed that the oasis had been removed from the side bar. Perhaps a coincidence.
Couple days ago Rabbit was grumping about some blogger; now I see that oasis has been removed from his sidebar. Somebody must have flicked his flicker.
Anyway, he’s feeling better about gold these days – I guess.
My charts are working fine now too. But there were a few minutes when I couldn’t get in . And Safari. my browser, advised me they were probably too busy. Anyway, the bottom line is that HUI is not going along with the sell off of the last couple of days in the DOW. That is great. And also the monthly Dow MACD has turned to the downside, and HUI has turned to the upside. These are RARE and longterm indicators. The Dow cross over to the downside still has to confirm that it is not just a few day affair. HUI has already confirmed its MACD move to the upside. That’s my story and I am sticking too it. And just maybe the gaps won’t fill this time. Nothing written in stone that they have to during a true bull run.
“Gold has gone up every year but one since the year 2000. So if you’ve been calling for a rise in the price of the gold, you’ve been right every year except one. That’s not a broken record, that’s just understanding what’s going on and predicting a higher gold price. It’s the people that have been calling for gold’s demise every single year who don’t understand the fundamentals… No market goes up every single year… I know what’s driving the trend and that’s the central banks, particularly the Federal Reserve.” ~Peter Schiff
Its a good thing for Germany to stay in European Union ,we don’t need another WW .Their political system can get out voted now ! Whats good about Germany is the people are smart ,hard working and thrifty a combination that always makes them rise from any adversity rapidly. The risk for Germany ,the economic engine of Europe is going to come from China ..The Greeks want an end to the Austerity imposed by Banksters and need GERMAN LOANS .If they are refused they will turn to China who NOW has a PORT in Greece (just like its California Port)from which to import all kinds of Goods in competition using Cheap Labor as a weapon.The distribution for cheap goods from China is in place ! What happined to the US will happin to Germany ..wages will be driven down until it is on par with China,just as they did in the US.The standard of living will decline just as it did in US.THe Socialists in Germany will get a dose of Socialism Chinese style.The jobs will disappear slowly at first then rapidly.The Banksters are selling them out just like they did the Americans ,using the same method !This will drive Germany to the Russian side and radicalize the people of both nations against the US Banksters .They have a common enemy.
Obamas chief Foreign Policy advisery Zibniew Brzezinski is doing this ,he hates Germany and Russia because he is from POLAND .He would like nothing better than a WAR between US and Russia and or Germany.He is a mad man….Talk about the tail wagging the DOG ..he wants to use US Military for revenge against Russia ..He needs to go !He is a war monger !
He wants to destroy the German economy,the Russian economy in the hope that thay will never be a threat to Poland again.He is still fighting the LAST WAR,he ‘s nuts…
This is the same Foreign Policy adviser Jimmy Carter had .! Zibniew Brzezinski Chief foreign Policy for all DEMOCRATS thats why they are always getting us into WARS..
I guess your explanation of oil makes as much sense as anything else. Definitely not pricing in growth or war but might be pricing in a worldwide SM collapse.
silverngold – yeah, the TPTB hasn’t lost control of anything. Silver has rolled over, next up are the shares and then gold will be hit last. If I hadn’t seen this movie so many times I wouldn’t believe it. Unbelievably frustrating.
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