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

Thats what viagra’s for …..Its the G0ld bugs version of quantitive easing….

Is the Tahoe takeover of Lakeshore in trouble?

Sorry people, I really hate putting question marks at the end of title lines, so many people do it way too often and it always comes across as cheesy and a cop-out. But in this case it’s necessary, because Kevin’s still mad at me. And there’s no way I’m not passing this chunk of decently sourced gossip onto you but you have to realize it’s that market chatter, no more or less.

more http://incakolanews.blogspot.com/

Chilling ways the global economy echoes 1930s Great Depression era

”

The global economy today resembles that of the 1930s in several ominous ways.

 
Financial author Edward Chancellor recently called attention to a paper written by Caludio Borio, head economist at the Bank of International Settlements, that provides a fuller picture of the causes of the Great Depression. The paper also draws parallels between global economic conditions that led to the rise of protectionism in the 1930s and our situation now.
”

http://www.marketwatch.com/story/chilling-ways-the-global-economy-echoes-1930s-great-depression-era-2016-02-19

I sure hope this rally doesn’t “detumesce!” 🙂

Thanks for the views Amigo.

I guess if the world economy continues on it’s way into the crapper then oil prices will stay low for a very long time … that is unless Saudi Arabia and Iran get into a shooting war and in that case watch out!

If the Saudi’s do introduce troops into Syria then maybe some calls would be worthwhile.

Pure Gold Reports Third Quarter Financial and Operating Results

http://finance.yahoo.com/news/pure-gold-reports-third-quarter-004027735.html

Yamana Gold Announces Fourth Quarter and Full Year 2015 Results

http://finance.yahoo.com/news/yamana-gold-announces-fourth-quarter-012738695.html

Mandalay Resources Corporation Announces Fourth Quarter and Full Year 2015 Financial Results and Quarterly Dividend

http://finance.yahoo.com/news/mandalay-resources-corporation-announces-fourth-030532471.html

GOLD’s high so far on this run is 1263. GOLD drew back to about 1200. GOLD now is about 1226. Right now, however, there are many stocks that are higher than they were than when GOLD was at 1263. This is how a PM bull works. So if you hold on to your PM stocks, the next time GOLD hits 1263 they will be worth a lot more than the last time. This is the opposite of what happens in a bear market. Gold stocks in a bear market are worth less at higher GOLD prices not more. This is an argument for not losing your positions in a genuine bull run.

Saw this in the nineties bull market and in the 2000’s. This is the phenomenon of the stocks leading GOLD price. Just my humble amateur opinion.

comex gold being up $8.10 & DUST being up a dime & NUGT being down a corresponding amount–as I write this could change–but probably not my much…no surprise–just the same atypical & counter-intuitive way the PMs have always traded…no wonder so many gold bugs are caught flat-footed–or with light inventory– by this bull move…I gotta think gold sells off today or-at best–doesn’t change much.

How This Bear Survived

Whatever happens, it was predictable all along than any bull market in gold would develop in such a way as to leave even bullion’s most devoted supporters skeptical. Assuming the rally continues to make its way higher by fits and starts, on low volume and without a sustained push, you should start asking yourself now whether you might be in the group of war-weary gold bugs that the bull is trying hardest to fool. [looking “ragged and divergent” as I have said]

Because so many of my subscribers are heavily invested in bullion, it has been my practice over the course of gold’s long correction to give rallies the benefit of the doubt to the extent possible. While we kept the $815 target in the back of our minds as gold fell, we were ready to put our skepticism aside if the hourly chart turned bullish. This time, however, I am being especially cautious – not out of fear that I will overestimate the rally’s power and longevity, but that I will underestimate it. We’ve become so used to bullion rallies that spike and then detumesce rapidly that this may have inured us to the real McCoy if and when it comes. If the current rally is indeed the real deal, we should see this confirmed by thrusts that turn minor “Hidden Pivot” rally targets into chop suey. The most immediate of them lies at 1280.00, whence, as noted above, a tradable pullback would become very likely. If the April contract makes short work of it, however, that would further shorten the odds that the rally is more than the bull-trap tease to which we’ve become accustomed. Moreover, and as I detailed here a week ago, an uncorrected push above the 1308.00 ‘Matterhorn’ peak recorded in January 2016 would turn the weekly chart impulsively bullish for the first time in years. That would provide the strongest evidence we’ve seen to date that the bear market begun in 2011 is over.