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

What?

You don’t trust the COTR numbers? LOL You don’t think anyone would try to cheat us do you?

If today wasn’t the turn it was still a nice breather. Cheers

I hope so! Just that charts make me a lot nervous when it comes to pm’s

Maybe is about right. Good song, we’ll see if maybe there’s some more short covering by the hedgies. In a normal market maybe so, but in this market, who knows?

This is GOOD NEWS ..the Gold breakout will happen in China First

I dunno. Pretty much beyond belief what’s happened to everything gold – especially the shares. I’ll say this, we need an unbelievable V bottom to change things. As for the hedgies, who knows? I don’t trust any numbers from the CFTC, I can’t remember a time when the commercials were at such a low “net short” position.

We’re either going to have a reversal that defies all belief or we are headed toward $600. One thing though, this action in the SM looks a lot like 2000-01. No idea if that means anything.

I’ve pretty much given up on the shares. More than brutal. Glad to hear you didn’t have everything invested in them.

not to destroy Capitalism and share the Poverty,but to GOVERN Capitalisms growth by preventing monopolies among Capitalists its own self destructive  force  .Government shouldent exist to pick winners and losers ,but to give Capitalism  freedom to grow and foster COMPETITION

so that the best ideas can emerge !  This is how the poor can climb the economic ladder by preventing monopolies keeping capitalism going for all to benefit. The Communist mentality needs to go, its nothing but a private club that keeps entrepreneurs out and creates dictators that exclude non members. Dictating who the winners and losers are to be like a punishment for trying to succeed … Its the only way for the poor to emerge up ! Hamilton was right ,a Meritocracy was what was needed and it served us well for 200 years ,the only improvement was when the monopolies were busted up ,not when the communists tried to destroy it.Dont confuse throwing the baby out with the bath water as progress ..its not !   Keep what was good about Capitalism refine it and govern monopolies ,foster competition ….Communism throws out the baby with the bath water !

Gas is very very very expensive compared to crude oil. Gouging prices, where’s my freaking $1.50 a gallon gas. C’mon uncle scam, manipulate the price at the pumps, not with barrels of crude. Scam scam scam

$1.99 per pound Filet Mignon …and War!

http://news.goldseek.com/GoldSeek/1437757954.php

As to how decimated the precious metal mining complex now is, consider the following excerpt from a July 21st update from Pater Tenebrarum from Acting Man, who commented that; “the HUI Index produced an RSI of slightly above 11 on its daily chart, after declining for a record 10th day in a row. This RSI reading is the lowest in the history of the index (the previous record low was produced in 1998 at about 16). Moreover, gold stocks have now broken every historical bear market record in the sector. Not only is this by now the biggest decline on record, the sector (as measured by the BGMI) is also trading at a record low relative to the gold price – undercutting the previous record low established in 1942 in the mini-crash following the Pearl Harbor attack.”

http://www.zerohedge.com/news/2015-07-24/death-gold-or-not

http://www.insidermonkey.com/blog/strong-insider-buying-continues-at-hecla-mining-363138/

Hedgies net short gold … what’s the world coming to?

If so, there’s going to be an explosion

http://www.cftc.gov/dea/futures/deacmxlf.htm

http://www.zerohedge.com/news/2015-07-24/has-never-happened-gold

We’ll see but as far as the A hole leaders that caused such death and destruction should have went the same way long ago. Mentioning to a friend as don’t talk stocks much anymore keep a eye on China too. Besides dumping gold which is inverse up in other currencies  their dumping treasuries perhaps selling into strength. They have a whole lot of treasures or dollars. If they dcide to dump them all at once??

Re part:
“So what this restriction on gas mileage gotta be more prosperous plus the agenda 21 pushing people to inner cities near rail lines.”

Comment: The old agendas are trying to continue, while signs of new “natural” “beneficial” agendas showing up. Be happy. The past is failing. The above part is was the dream of the present and past globalization a’holes.

To maintain the old prior and present ENERGY wasting, long distance globalization deliveries from across oceans and continents, they had to promote high density close to mass transit to save energy. Less energy being consumed by little people, helps to keep energy lower for big business.

Unfortunately for the a’holes, the low private sector tax paying middle class wages for 45 years has finally caught up to them. The whole present entire system is falling apart, and needs new practical agendas.

There simply is NOT enough tasks and needs in this “productive” “cost effective” “on time delivery” “efficient” system, to keep people working 40 hours and more per week. What is needed is a break-up of globalization, like the break-up of Ma Bell and other big corporations like decades ago.

Simply put, TPTB’s system needs to promote LESS “productive” “cost effective” “on time delivery” “efficient” systems globally. Domestically “productive” “cost effective” “on time delivery” “efficient” systems are fine. Doing it globally only makes sense if we are competing against another planet.

It will probably evolve naturally as more populism, separatism, nationalism patriotism unfolds in more and more countries.

The “Arab spring” and “Isis” and Greece is a sign of the future. More independence and self reliance in each country globally. The past is no longer working out. The destruction of lives and property, the waste of lives and natural recourses, for WWI WWII Korea, Vietnam, Middle east etc wars wars……

PROVES without a doubt, the three generations of “leaders” are and were self interest a’holes. A’holes should not be getting there way all the time. But they did. Now its over. The future looks great.

Forty years ago I knew the future looked bad, but nobody believed me. Things were still good, like in China now. Now that the future looks good, nobody believes me because things are still bad.

Those who are first, always look wrong at first. Gold and silver used as money is in the future. Be happy watching the a’holes go thru one problem after the next with their stupid dreamer Rube Goldberg global economic system.

The Capitalists are in CHINA !   and since the Communists are stronger they push China down because they dont know how to push America  UP   ..jus like I said before ..They want America to share the Poverty  ..Is that what we want ?

see post 15:33

Agree. I think there’ll be some monster volume in the last 5 minutes. Hopefully it will be to the upside.

Is this just a Jersey thing that prices at the pump for gas have remained nearly stagnant even when the price of WTI was above mid 50’s. At its lowest at around $42 price was 2.79. Now sitting firm at between 2.35-2.39.A little price gouging/profit making you say.

Great move in Gold and Silver today. Dow etc. in a funk. Sounds great to me. Makes the weekend a little less depressing.

Forgot to mention he said the Concord was the predecessor to this new tech SABRE engine. About the rest, like price, I don’t know. He did say the fuel savings would be enormous because no resistance flying above our atmosphere.

If we didnt have a communist for Pres ,the recovery would have been here long ago .All communists try to equalize incomes by pushing from the TOP DOWN ..not bottom up ! Thats a distinguishing hallmark of them… They know they cant raise incomes ..they dont know how and if they did the smartest will rise first as always, meaning the rich and they cant have that ! SO they Push from TOP down to equalize causing NO investment to be made ,no jobs,higher unemployment etc.  In Short they make the Rich SHARE the Poverty since they cant make the poor share the wealth !   I fail to see how THAT helps the Country !   although it does BUY votes !  and the more the poor vote ,the worse things get for the Country because of WHO they vote for !   It’l take some RICH guy to fix the POLICY ,if he can figure out how to get the poor to vote for him…

I’ll check out those “sabre” engines. I’m all for more efficient fuels. Maybe Peak Oil will be a non event. Kunstler will have to write about something else besides the decline of the motoring age and suburbia.

THEN the first signs will be here since China Gold is about 40 % higher than US Gold ($Gold)   ..on the renko chart its about to turn up  .    The US gubberment is sitting on US GOLD prices by about 40 % ….because they are protecting the reserve statis of the Dollar ..   The latest plunge in China Stocks (By US)was designed to protect that statis and keep China away from reserve currency statis for the time being …to buy some time !  Recovery in US Economy is very slow.

I think we start up in AUGUST !  thats the latest for Seasonal LOWs typically …The Fed dosent typically fight against Seasonal patterns it gets too expensive !  When the tide Changes everything Changes ! When time is up ,price Changes ! The Fed dosent want to swim against the TIDE !