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

Look at all the foreign currencies going LOWER. They are now getting strangled. Its their turn. No more “water”. For example Japan’s big companies stocks are crashing, harder to export.

Look at the dollar going higher. USA getting its “water” turned back on. Everything is priced in dopey/dollars.

http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1

” Parker said the bar has been set so low for companies that they would most likely beat estimates.”

The way I read this confession by a JPM spokesman is admission to the fact that companies always, or mostly so, beat their earnings estimates because they are set so artificially low, and the numbers stretched beyond any believable  (read accurate ) measure as to be useless. So what does JPM wish companies to announce that would be positive news….what they ” think” the future will hold.

What is next? A palm reader or perhaps a set of Tara cards ? I continue to be amazed at what the investment community trusts as ‘trading information’ which is little more than smoke and mirrors at best. Well, at least someone finally admits it. The illusion continues……except at the Oasis, where some good folks with common sense still know how to call a spade a spade.

http://www.cnbc.com/2016/04/07/jpm-forget-earnings-heres-what-we-need-from-companies.html

Millionaires Are Fleeing Chicago In Record Numbers

http://www.zerohedge.com/news/2016-04-06/millionaires-are-fleeing-chicago-record-numbers

I’ll soon be able to afford a tarp to put over my refrigerator box home behinds Apu’s Quickie Mart.

I appreciate your sensible analysis.

“rno, dodging prairie fires, tornados, earthquakes and bill collectors!”

Sounds like you’ve been a busy boy! 🙂

Sandstorm Gold Sells Stake in AuRico Metals for Proceeds of US$10 Million

http://finance.yahoo.com/news/sandstorm-gold-sells-stake-aurico-204000429.html

IAMGOLD files final base shelf prospectus

http://finance.yahoo.com/news/iamgold-files-final-shelf-prospectus-210500655.html

Centamin PLC: Q1 2016 Preliminary Production Results

http://finance.yahoo.com/news/centamin-plc-q1-2016-preliminary-060000036.html

Caledonia Mining Corporation Plc: Q1 2016 Production Update

http://finance.yahoo.com/news/caledonia-mining-corporation-plc-q1-060000001.html

Jaguar announces 2015 year end Mineral Reserves and Resources

http://finance.yahoo.com/news/jaguar-announces-2015-end-mineral-103000211.html

Coeur Reports First Quarter 2016 Production Results

http://finance.yahoo.com/news/coeur-reports-first-quarter-2016-103100347.html

Positive Initial Metallurgical Test Results Point to Reduced CAPEX and OPEX Options for Marathon Gold’s Valentine Lake Project

http://finance.yahoo.com/news/positive-initial-metallurgical-test-results-110000239.html

Roxgold Reports Year-End 2015 Financial Results

http://finance.yahoo.com/news/roxgold-reports-end-2015-financial-110000570.html

GoGold Production Increase of 45% Over Previous Quarter

http://finance.yahoo.com/news/gogold-production-increase-45-over-120000349.html

Corvus Gold Expands Royalty Portfolio with Transaction on its Non-Core, Chisna Alaska Asset

http://finance.yahoo.com/news/corvus-gold-expands-royalty-portfolio-120000849.html

Silver Wheaton announces closing of US$550 million bought-deal common share financing

http://finance.yahoo.com/news/silver-wheaton-announces-closing-us-125100176.html

They sure are selling everything at 1240……but Nem is close to a new Hi break out and Hui was only 9 pts away, it shud open @ 185 plus if GDX stays @ 20.60…only 4 pts from new Hi’s and if we can make new Hi’s the H&S Top will be dead. !!!!!!!

Thanks for the update. The USD sure doesn’t act like it wants to move higher and for some unknown, illogical reason the Yen is on fire.

It appears the scum is going to try to hold the line at $1240 to keep us in a mini trading range.

Good luck to all of those who trade

here is where some want to buy and u can bet that there are loads more wondering where to start.

Where One Swiss Bank Will Be Buying Gold

http://www.zerohedge.com/news/2016-04-06/where-one-swiss-bank-will-be-buying-gold

It looks  like a BUY on  MAY 1 (NOT NOW)and then again on JUNE 2 (a better BUY) then up about 400% with a top on sept 29   ..then down followed by a final Top on DEC 30 of  700 % ( from june 2)..Thats what My charts say …My crystal BALL !

say it goes down from 4,6 until 4,13  about a week…..then up for about a MONTH until 5,15   at the end of which the Great BUll MARKET BEGINS in AU &AG …

is now under all significant daily, weekly, and monthly moving averages. When the support at 94.00 goes out, 84.00 could happen sooner than everyone thinks.

the silver cup and handle bottom continues to evolve. A crash in the usdx would propel silver to the upside very quickly. It may also explain why grains aren’t tanking with very bearish crop and inventory reports.

cocoa is priced in euros and appears ready for another leg up.

i hope those of you who purchased Sandridge stock sold enough to be on house money.

rno, dodging prairie fires, tornados, earthquakes and bill collectors!

What would we do without Radomski? After all he is a Chartered Financial Analyst.

As usual, thanks for casting doubt.

IMO not quite yet for goldbugs. In fact I think it’s now our turn.

https://youtu.be/eFHJ41ktt3Q

Here’s my interpretation. Gold has broken out and is now back testing. Click the chart to enlarge.   Silverngold

As of now we can say there is a stand off…..who wins……. tdy the bulls are winning….There is no way to call this a bear mkt, as of tdy …shud the Scum crash the mkt, then we have to re-evaluate….but they have to take the lows out to call it a bear mkt…until then it is a correction.

Over and above all TA, is the “action”….as of now it is bullish.

But on TV the other day, they said “nobody saw this coming”. So I guess I’m Nobody. You can’t rely on charts anymore. You have to know what the central planners are doing.

Deflation implies TPTB don’t know what the f-hell they are doing and big money people banks and gov’ts go to gold. NOT futures contracts unless they want delivery. Playing the futures market is like a carnival game. You really can’t win and are being used like a shock absorber.

Parts Below:

Gold futures settled higher Thursday, scoring their best quarterly performance since 1986—a year when “Top Gun” was the most popular movie.

Bullion has benefited as the Federal Reserve’s dovish stance on policy has softened the highflying U.S. dollar.

Technically, the metal “has started a new bull market in [the U.S. dollar] and is now catching up to the bull market” which was started nearly two years ago, Sebag said.

Meanwhile, Roy Sebag, chief executive officer of GoldMoney, told MarketWatch that gold prices have been climbing strongly not just in U.S. dollars, but in other currencies as well.

“Though it’s been only three months, gold is now up between 13% [and] 23% in the world’s major currencies, making one of the strongest movements in gold since it was demonetized in 1971,” he said.

More:
http://www.marketwatch.com/story/gold-headed-for-best-quarter-in-nearly-30-years-2016-03-31

That guy’s gonna be real disappointed if gold keeps going up … him and Harry Dent.

PS Evidently the HUI doesn’ need higher gold to climb.

Once again nothing changed from this perspective and what we wrote previously about the above chart remains up-to-date:

(…) the outlook remains just as it was before this week began – it remains bearish.

The sell signal from the Stochastic indicator remains clearly visible and gold remains within the declining trend channel.

Although this year’s rally might seem big, gold actually didn’t even manage to move to the 38.2% Fibonacci retracement based on the 2012 – 2015 decline. Consequently, this year’s rally seems to be nothing more than just a correction within a bigger downtrend.

http://news.goldseek.com/GoldSeek/1459949695.php

back when every time the Fed opened their yaps gold would get hit for a $20 minimum.

They sure don’t seem to be fooling anyone anymore.