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

1. Beats the only alternative.

8 million shares block on the close…

FWIW

Concur, we need to see that break above 1260.

Surprisingly we didn’t get the last hour melt down and finished near the highs. Most sectors that might be positive but pm’ you never know.

Tomorrow may be important just to see what the USD does.

Seoul could be wiped out in 10 minutes just by conventional cannon fire–Seoul is THAT close to the N Korean border–they could also let loose missiles on Japan and maybe even Hawaii.

https://www.prisonplanet.com/sweden-viral-video-shows-4-cops-struggle-to-control-one-violent-migrant.html

…is that it is not just the bomb alone that generates EMP.  It is an interaction of the bomb with the ionosphere at a specific altitude that generates the EMP.   It requires a high-altitude burst, and the effects are neccessarily widespread from that high altitude.  The early tests in the pacific put out streetlights in Honolulu from over 1,000 miles away.

So I doubt that a nuclear burst EMP can be targeted to a ‘small’ area.

Still, with advance preparations, EMP damage can be minimized to some extent.

Dead Low Dec 2015 and second higher low in Dec 2016. Two higher lows so far apart looks good to me. I don’t see a problem for Gold at all, even with a possible massive deflation due to low taxpayer salaries.

In fact Gold should be MUCH higher today if it weren’t for that stupid Brexit news that came out and sunk the Pound inverting Dopey/Dollar higher. Then came the Trump campaign with promises of a booming US economy suggesting no need for gold protection.

Same ole same ole is UNFOLDING. The Brexit Trump affect (discount on gold and higher rates etc) lasted from July August era to Dec 2016. Rates are lower today that Dec. Dow lower since March 1st. Its all going in slow motion.

You’re doing great for your age. Judging from your great posts I’d never guess you were even close to that age. Way to go Sir, and All The Best from Silverngold!

South Africa’s credit rating downgraded to junk by S&P

http://finance.yahoo.com/news/south-africas-credit-rating-downgraded-160145906.html

Yes, could break either way. I think this is a time to just sit on your hands in cash. Decision time for me is tonites close and the action tomorrow. I’ll take the loss if need be…the trick in here is to keep your losses to -10% and let your good calls run. Could be just a whiplash in here. $gold not breaking above 1260 bothers me plus this could be the start of the usual Summer doldrums…UGH!

Could go either way. Like that we’re back above 1250 and 200 even with the USD flat to up.

April is an interesting month for the Government with the debt ceiling shut down looming.

Maybe they tweaked the value pricing machines. 🙂

I turned 79 TODAY,  My daughter found a good job  that pays her HealthCare costs ,that she’s been struggling with for years and the LOWER HealthCare costs for her was enough to pay for the CAR she just bought ..YE HAA  ..My son said last night at dinner He just got a NEW job as a employee as  hi tech Computer specialist ..with top notch GOOD PAY !  My Son in LAW who has been retired came out of retirement this week and boredom to take  top job as a Computer software Speciaist training and opening new offices for his company…  ..I thing the TRUMP EFFECT is taking HOLD  !    The best birthday presents I could get is to see my kids lives improving ….after 8 years of doubts ..

Sessions needs to convene a grand jury and lock Susan Rice up. Offer her immunity for testimony against Obama and Lynch.

I bet CNN and MSNBC are going to be devastated.

Present and accounted for.

The daily charts of $Gold are still in roll over mode =Bearish.

Weekly $gold charts are still bullish but, not by much??

Jnug and Nug charts show lower highs and lower lows = Bearish.

I think that this week tells the story. Today’s news is about the Russian metro bombing…temporary Gold fundamental bullish news…usually not long lasting. Could go either way in here but, for now I am in jdst…and nervous about it.

James Kunstler

It ought to be sign of just how delusional the nation is these days that Elon Musk of Tesla and Space X is taken seriously. Musk continues to dangle his fantasy of travel to Mars before a country that can barely get its shit together on Planet Earth, and the Tesla car represents one of the main reasons for it — namely, that we’ll do anything to preserve, maintain, and defend our addiction to incessant and pointless motoring (and nothing to devise a saner living arrangement).

Even people with Ivy League educations believe that the electric car is a “solution” to our basic economic quandary, which is to keep all the accessories and furnishings of suburbia running at all costs in the face of problems with fossil fuels, especially climate change. First, understand how the Tesla car and electric motoring are bound up in our culture of virtue signaling, the main motivational feature of political correctness. Virtue signaling is a status acquisition racket. In this case, you get social brownie points for indicating that you’re on-board with “clean energy,” you’re “green,” “an environmentalist,” “Earth –friendly.” Ordinary schmoes can drive a Prius for their brownie points. But the Tesla driver gets all that and much more: the envy of the Prius drivers!

This is all horse shit, of course, because there’s nothing green or Earth-friendly about Tesla cars, or electric cars in general. Evidently, many Americans think these cars run on batteries. No they don’t. Not really. The battery is just a storage unit for electricity that comes from power plants that burn something, or from hydroelectric installations like Hoover Dam, with its problems of declining reservoir levels and aging re-bar concrete construction. A lot of what gets burned for electric power is coal. Connect the dots. Also consider the embedded energy that it takes to just manufacture the cars. That had to come from somewhere, too.

The Silicon Valley executive who drives a Tesla gets to feel good about him/her/zheself without doing anything to change him/her/zhe’s way of life. All it requires is the $101,500 entry price for the cheapest model. For many Silicon Valley execs, this might be walking-around money. For the masses of Flyover Deplorables that’s just another impossible dream in a growing list of dissolving comforts and conveniences.

In fact, the mass motoring paradigm in the USA is already failing not on the basis of what kind of fuel the car runs on but on the financing end. Americans are used to buying cars on installment loans and, as the middle class implosion continues, there are fewer and fewer Americans who qualify to borrow. The regular car industry (gasoline branch) has been trying to work around this reality for years by enabling sketchier loans for ever-sketchier customers — like, seven years for a used car. The borrower in such a deal is sure to be “underwater” with collateral (the car) that is close to worthless well before the loan can be extinguished. We’re beginning to see the fruits of this racket just now, as these longer-termed loans start to age out. On top of that, a lot of these janky loans were bundled into tradable securities just like the janky mortgage loans that set off the banking fiasco of 2008. Wait for that to blow.

What much of America refuses to consider in the face of all this is that there’s another way to inhabit the landscape: walkable neighborhoods, towns, and cities with some kind of public transit. Some Millennials gravitate to places designed along these lines because they grew up in the ‘burbs and they know full well the social nullity induced there. But the rest of America is still committed to the greatest misallocation of resources in the history of the world: suburban living. And tragically, of course, we’re kind of stuck with all that “infrastructure” for daily life. It’s already built out! Part of Donald Trump’s appeal was his promise to keep its furnishings in working order.

All of this remains to be sorted out. The political disorder currently roiling America is there because the contradictions in our national life have become so starkly obvious, and the first thing to crack is the political consensus that allows business-as-usual to keep chugging along. The political turmoil will only accelerate the accompanying economic turmoil that drives it in a self-reinforcing feedback loop. That dynamic has a long way to go before any of these issues resolved satisfactorily.

# # #

a $30 down day in gold is remote…as is such a drop occurring causa the monthly jobs report–but the dedicated cappers are there too–so we continues the stand-off–a lot of energy is being stored in the coiled spring of the gold mkt–I say the release will be UP–what say YE,  O learned and wise forum members?

”

White House lawyers last month learned that the former national security adviser Susan Rice requested the identities of U.S. persons in raw intelligence reports on dozens of occasions that connect to the Donald Trump transition and campaign, according to U.S. officials familiar with the matter.

The pattern of Rice’s requests was discovered in a National Security Council review of the government’s policy on “unmasking” the identities of individuals in the U.S. who are not targets of electronic eavesdropping, but whose communications are collected incidentally. Normally those names are redacted from summaries of monitored conversations and appear in reports as something like “U.S. Person One.”

https://www.bloomberg.com/view/articles/2017-04-03/top-obama-adviser-sought-names-of-trump-associates-in-intel

That would be preferred! I wouldn’t even mind if some patriotic NK citizen took care of it.

We wont have to show off our toys. 🙂

I’ll be watching!

Florida authorities prep for Xi Jinping’s visit

http://www.cnbc.com/2017/03/27/florida-preparesfor-xi-jinpingsvisit.html

IS A BIG DEAL ..A HOST OF COMPANIES ALL ALONG THAT ROUTE will benefit greatly from cheap electricity ..We will see a boom in companies along that route and in a friendly mining area  .Its been years in coming and development has been tied to the transmission line pace of completement .Canada will benefit greatly as the new mines get into operation  …I been watching it for three years ..its a BIG DEAL !