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

if they keep pounding G&S the resilient buyers supporting the PMs today may thrown in the towel and cause a quick and brief plunge  to down 12%–14% 17% on JNUG–15.80 would be about 14%. Given the 15% plunge yesterday, I’d think another one today would be quickly bought.

The miracle of Cialis gives scope for many new hobbies and activities for those in or heading into old age….

If I had any sense at all I would just buy mostly phiz, a few miners, and just sit back and open the box in 3-5 years.  But then I would have to take up a couple hobbies to pass the time. 🙂

That ratio bears watching on a monthly basis. It may well tell us when the next major bull leg up is underway.

Good job and thanks for posting.

Maya, no doubt Bitcoin will have its ups and downs. But until someone can figure out how to consistently manipulate its price, I dont think it will be subject to the drip selling of the water board like we experience in PM’s. I see mostly blue sky for the Bitcoin and congratulate you again on making that move.

I see the selling continues in gold and silver overnight. I think its a little overdone, will be watching the dollar to see if it wants to turn south and give us a clue for today’s action. Looking for an opportunity to go long…?

[ya couldn’t pay me enuff to visit africa]

South Africa Says Mines Must Be 30% Black-Owned; Rand, Mining Shares Tumble

South Africa announced plans to revise its mining charter and introduce rules requiring all local mines be 30% black-owned, regardless of whether they have previously sold shares or assets to black investors that later divested.

Gold down 12.50—-silver down 26–NUGT Up 24 cents—-JNUG up  15 cent–GDXJ up 3 cents in pre-market trading—what a mess…yet, long term…not too long maybe–JNUG at 17.80 now may be an ole 100—150–200 bucks

if this commodities to stocks chart is to be believed.

Silver Train. The Reno “Fun Train” heads over a snowy Donner Pass with a trainload of gamblers… who probably did better than Goldbugs today.
http://www.railpictures.net/photo/619997/

But I’m not worried.  Even the Goldman analyst says to expect a pullback to $1900… maybe even $1500 I’ve read for Bitcoin.  It’s not unexpected.   It’s a real Elliott wave #4 pullback.  I can’t wait for the fifth wave!  🙂

The last time this happened, gold soared more than 500%

It’s one of biggest extremes we’ve ever seen…

Are we approaching another massive turning point in the markets? If the following chart is any indication, the answer is a resounding yes…

http://secure.stansberryresearch.com/wp- content/uploads/sites/2/2017/06/Ry- 43686474_593861245dafd.png http://secure.stansberryresearch.com/wp- content/uploads/sites/2/2017/06/Ry- 43686474_593861245dafd.png

The chart shows the commodities-to-stocks ratio over the past 47 years. This ratio compares commodities – as tracked by the S&P GSCI Commodity Index – with the benchmark S&P 500. The red circles show times when commodities have become extremely expensive relative to stocks. And the blue circles show times when commodities have been extremely cheap compared with stocks.

As you can see, this ratio has now fallen to an extreme level rarely seen over the past five decades…

In fact, it is now even lower than either of the previous two bottoms…

Some of you may recall the first… It was just before President Nixon took the U.S. dollar off the gold standard. Over the next several years, inflation shot higher… commodities soared… and stocks entered a brutal bear market.

The second bottom occurred just before the final run-up in the dot-com boom. Again, over the next decade, commodities dramatically outperformed stocks. The broad GSCI Commodity Index rose nearly 300% from January 1999 through the end of 2007, while the S&P 500 gained less than 30%.

Today’s historic lows suggest “real” assets could once again be set to beat financial assets over the next several years.

This could also be great news for gold in particular… As Luke Gromen – founder of macroeconomic research firm Forest for the Trees – noted this week, gold soared nearly 1,800% and 600%, respectively, following the last two lows. – Justin Brill

http://www.commoditytrademantra.com/gold-trading- news/excessive-bearishness-
indicates-commodities- perfectly- poised-for-a-major-upswing/This is kinda interesting!

Yeah it was encouraged and at the same time where was the RNC all this time. We don’t have a real RNC except a Few. Im not condoning this at all but point is. Now that they’re the targets they’re all shook up and on non stop news. Where were they when Trump supporters getting physically attacked during the elections or all these people threatening Trump. Where was Bernie when Trump people were getting Attacked in Illinois and the people attackikg the Repubs had Bernie on their shirts. Same on Fresno and elsewhere? Now all of a sudden both parties think it could be then the demos for instance singing a different tune. After it becomes past news they’ll forget and back to the abnorm.

My experience has been that any ‘news event’ driven story that pops the PM’s usually does not last more than a day or two. After watching the pop this morning, I figured it would slowly come down by days end. Which almost did not happen. I bought DSLV ( another 3x etf but based strictly on the price of silver ). Bought it at -6% at the open, by 1;30 it had only gained a little (down 4%). Started to take my little bit of profit but decided to hang on until Ole Yeller opened her fly trap. That made all the difference in my trade today.

Had some JDST and JNUG this morning. Sold my Jnug early, wished I had added to the JDST ( which was up 16%) at one point today. But I have been experimenting with other things like DSLV as an alternative to the ‘J’s” since that rebalancing of the GDXJ has been really freaky the last few weeks. So ended up with about a 5% gain instead of something much greater. However, the JDST did come through and more than cover the bloodbath in my PM stocks.

So today is in the books, I wonder what the overnight markets will do?  Looking for a sign from them as to what tomorrow may bring for Gold & Silver.

There’s got to be a easier way to make a buck ! 🙂

and as always they have the closes they want…..but the SM in particular is looking monster overvalued.

Truth is more and more smart money knows it is a rigged game and that is a huge problem for the scum.

success for the matrix. check

For as long as I’ve been doing this it’s almost always been the same, with few exceptions and virtually none in the last six years.

I totally blew it not dumping everything pm in 2011. That was the modern day version of 1980 in my opinion.

This is never going to change. The manipulation won’t allow it.

AMAZING!! note the huge bounce off todays low in the $ index–no wonder no one is making any money in PMs

Try to handicap this:

http://futures.tradingcharts.com/intraday/DXM17

Today is like the movie Groundhogs Day. Same old same old. Never changes. Farmboy did make the right “bet” on JDST. Way to go buddy.

Almost always the same.

Yellen opens her yap in a few minutes

And the bullshit goes on.

I watched the entire evolution. They reprogrammed people to think abnormal things are normal, at the same time convinced people normal things were abnormal. For example, its normal to dislike invading illegal immigrants, and normal to like Guns and SUVs.

Those three things were reversed.

so well protected by the Cabal.

Gee look at the stock market completely unfazed from the rate hike

http://www.zerohedge.com/news/2017-06-14/fomc-delivers-dovish-hike-lays-out-plans-balance-sheet-unwind

I have nothing against woman. But they are different than men. I believe the complaints lately are against the liberals, and the liberals complain against the conservatives. When I was a kid, and a boy was misbehaving, the mother would say…”You just wait until your father comes home” You’re gunna get it” That was a soft emotional decision.

It was up to the father, to hand out the punishment. the practical decision. I’m not saying ALL woman are leftist, just most of them. The entire past 60 years, were dominated by liberals. They simply out numbered conservatives. Because half of the men were “converted”. Leaving only 25% of the population conservative, and 75% liberal. All the woman and half the men.

The Federal Reserve on Wednesday lifted its benchmark interest rate to between 1% and 1.25%, stuck to plans for one more rate hike in 2017 and said starting “this year” it would gradually shrink its massive $4.5 trillion balance sheet.

https://youtu.be/5pXKrWj9ZuE

The world wasn’t any better off with male domination than it is with female domination.  The solution is for balance of the sexual forces, not engaging in a blame game, which is fruitless and diverts intelligence downward.