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

https://www.youtube.com/watch?v=WzyBw2OGPr4

They might just be shaking out the weaklings like me who are over-complaining, getting too dramatic and emotional. I think it’s still looking great in the metals and GDX just needs to work off this weakness. The bottom’s inn here somewhere close if not. They can’t do too much more to people like me. So I sit and wait till the game cleans up and becomes more predictable

It appears to me that the metals are in lockdown since the new prez came into office.  I’ve gone all in and all out once or twice this year already and now am thinking this casino gambling is not going to pay off for a while.  So as far as shares go I’m buddies with Buygold and eeos.  Think I’ll go all out and get out tomorrow again.  I’m playing with house money which is better spent on a business.  Farmboy is as nimble as a butterfly but I go to work and sleep half the day so I ain’t keeping up with that trading legend for sure.

RNO thanks for the pic of the youngster with her prize – the pic is a prize too.  I can’t imagine that the meat “tastes like chicken”!

Winedoc – I don’t work on cars as much anymore but have been saving some money by buying my brazing and soldering supplies online.

PS the PDF file below keeps getting taken off social media heath centered sites so I saved it.

Thought I mentioned it before or was intending to and got to busy. Insurance companies have been lobbying this for years since DNA and genetic testing were able to identify certain genes in DNA strands. The threat is not just what you might have now but what you might get or your unborn could inherit. It’s to drive cost up or outright deny care say to a unborn or future children. For instance if someone has the sickle cell trait they shouldn’t  get sick but they could deem this a pre existing to a unborn child. They will deem anything they find as pre existing whethere you get it or not simply because they foujd it in genetic testing. It’s along story how you get it. Usually two matching genes have to match up or one recessive and one dominant and dominant will win. For instance Blue eyes are recessive and brown dominant so if a dominant lines up with a recessive the dominant will win. Similar with inherited diseases.  So bottom line unless both parents have a trait in most cases and they don’t line up child won’t get it but they will nevertheless deem it preexisting. People pay for insurance Incase they do get sick or injured to not help insurance companies to steal their money and get rich off it.

Others shot this down until Obozo and his cohorts.

Here’s the PDF file on it
On page 28to 33 it shows Lynch and her cohort being sued over it
as it is a privacy violation.
https://arstechnica.com/wp-content/uploads/2016/10/AARP.pdf

did not take Nem out on the Low, over 4% dn, on a day of no news for Nem and the Gold mkt up $ 5 plus….were the scum asleep, or watching porn…we deserve to know !!!!!!

GDX seller in all day and offering huge into the close…this is the scums new game.

If you pass this one up you will miss out on knowing what is about to hit you and yours right between the eyes. Only a few minutes to see what is coming.

https://youtu.be/CQaTa-BUmmU

but couldn’t Jehovah –just-once–allow a 2nd day of follow thru to a bullish surge in gold without all the histrionics?

I was always annoyed when PMs shares moved in lock step with futures contracts. Granted, the under ground reserves act as leverage to the Gold/Silver price, but share investors are a totally different animal than futures traders.

So, maybe they have been tweaking and re-programming the electronic pricing software. Lets face reality. These crazy moves we see can’t possibly be natural supply and demand activity. The whole system has turned into a carnival type game.

GLD is up equivalent of $ 8.00 from SM close (0.1 GDX = @ $1.00 gold)..so the share performance is worse….

I am pretty sure they have moved from out right shorting the metal, to trying to use the shares and GDX in particular. Note that we have had very few waterfall crashes outside US hrs recently and that most nights the metals are pretty stable.

If this continues, then i think we are close to the end game, as they are running out of metal…..

Pretty neat magic trick how they have disconnected the PM shares from the underlying commodity. When something doesn’t make sense it means that I don’t need to be trying to trade it either direction. It’s safest just to sit on your hands I think.

Almost a 7 pt reversal from the high in the HUI as I post with gold UP $5

Gold futures show gold up $29 but it’s only up about $5 from the after comex trading at 5:15pm. So JNUG-which has pulled back a buck off its high is probably a buy too for a quick trade–but this stinko action is not what I wanted to see and means yesterdays dramatic rise on high volume was not a “launch”…

Im far from being an expert on how the “selling short” game works ( I left the trading floor 15 years ago). GDX is definitely a rigged game. No one will ever know the true number of outstanding shares. But a clearing company ( like a Spear Leads or First Options Corp.) might be notified by a stock holding company, that one of their clients ( a trader on the floor) needs to buy back a certain number of shares and deliver them back to the holding company. This usually happened in stocks with a small number of outstanding shares ( or what’s called a small “float”). A small speculative company that’s in the news could be propelled much higher by pure rumors. If people doubt it, they’ll sell the shares short. But with a very limited number of outstanding shares, buy-ins occur quite frequently. It’s part of the reason why ZH talks about a short squeeze in some of the most speculative, highest shorted stocks.

https://en.wikipedia.org/wiki/Naked_short_selling

Someone not so long ago bought the entire float of a Co, every share issued and then to their horror saw trading going on as if nothing had happened, so large was the unborrowed amount trading out there and the SEC just shrugged !!!!!

Anthony Bourdain Does Not Want to Owe Anybody Even a Single Dollar

https://www.wealthsimple.com/en-us/magazine/money-diary-anthony-bourdain

Re total No short etc…..that is why I think they are useing GDX, as i don’t think there is any control on shorts in the ETF’s, or none that is being policed….

The GDX seller is there tdy making sure 23.00 doesn’t break ….NEM is down 2.5 % on No news.

Hopefully as I said, all this is because they can’t get enough Phys to deliver.

thank you for your post on shorting.

If you don’t mind, and have the time, could you explain how this (“clearing company would be compelled to buy shares in the open market”) buying doesn’t drive the price higher.  I have always been under the impression that it is NAKED short selling has been the main problem… that they are selling shares they don’t own, and don’t buy back.

I’m not challenging your statement, just trying to understand.  I very much appreciate that we have someone with real-life experience here with on the forum.

But then he also discussed other things that were relevant to today such as earthquakes causing possible coastal flooding, and especially the possible collapse of a major dam coming (Oroville??). All in all I thought there was enough info there to warrant posting it. Time IMO is a difficult thing to predict.

When I was trading on the exchange floor, and I had to hedge my options trades, sometimes I had to sell shares short. My clearing company had to go out and “borrow” those shares. If an issue became unborrowable, your clearing company would be compelled to buy shares in the open market ( in your account), so that they could be returned to the holding company. If we knew the true number of shares that are “short” such stocks like NEM, GG etc., it would blow people away. But that’s part of the coverup.

http://www.krem.com/news/local/boundary-county/train-loaded-with-grain-derails-in-boundary-county/422839832

The new scum game seems to be crushing the shares….maybe because they are running out of Gold and the SEC makes sure they don’t have to borrow any shares to short……

Kudos to your granddaughter. No snowflake there!

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