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

Right but fiat reminds me of the Titanic. The fiat is invincible. Tell that to Venezuela or Turkey, war torn countries or brain dead like Africa, even Aussie and Canada being affected. It kinda reminds me of the housing boom and people in the housing section be realities or assessor we all in their own little world and every other general profession was so below them. What do you do, oh a nurse. Then the floor dropped out under them and they were all unemployed. My humble profession was still putting food on the table. These realtors were busting tables or working as orderlys or what ever else they could find. It wasn’t easy for nursing either they were looking to cut pay with foreign cheaper labor which got sloppy but just sayin.
When gold brought up they previously looked down on were then now resentful of anyone who had any.
It seems even now they resent and will try to screw the investor either way where they go long or short.
I went from doing both to see it like fishing. Patience, either way.

Been a long time down my friend, perhaps that’s what bottoms are made of …

I think I’m in for the duration.

Heard that a million times. Never happen. The people in the west have all the money. They’ve been conditioned that gold is worthless, a barbarous relic. Just got to buy FANGS and get rich.

The dumbasses in Turkey, Russia, China and elsewhere buy gold but they are small players and their govt’s are miniscule compared to the mighty printing press of the US.

All comedy, gold is no longer money.

BTW – SRS Rocco is an idiot

Silver

*The large specs increased their long positions by 3,400 contracts and increased their shorts by 4,923 contracts.

*The commercials increased their longs by 1,956 contracts and reduced their shorts by 75 contracts.

*The small specs decreased their longs by 1,136 contracts and reduced their shorts by 628 contracts.

Gold

*The large specs reduced their long positions by 963 contracts and increased their shorts by 21,686 contracts.

*The commercials increased their longs by 8,949 contracts and reduced their shorts by 13,360 contracts.

*The small specs reduced their longs by 1,616 contracts and decreased their shorts by 1,956 contracts.

Sort of promising and would explain why metals except silver have been holding up.

Don’t like the idea that commercials have added longs though.

Whatever pretty depressing no matter what happens.

They should make something like this for gold storage investors. Satire
http://dailysnark.com/pittsburgh-steelers-unveil-new-retractable-roof-for-heinz-field/

http://snalaska.com/cot/current/charts/GC.png

https://saraacarter.com/hamas-rocket-fire-shakes-the-state-of-israel/

At least! Maybe more! 🙂

Sometimes it seems a hopeless wait for real positive action in the Canadian dollar cost of an ounce of silver or gold or for the value of PM equities to get out of the basement. The last time I felt so hopeless was in 1963-64 when I was assigned to a project to see if I  could come up with any new suggestions on how to begin reforestation of Nova Scotia’s Yarmouth-Shelburne barrens.  I became very familiar with the dense vegetation cover of black huckleberry (Gaylussacia bacata) and sheep laurel (Kalmia angustifolia), but never came up with any hope for returning those “barrens” to a forest cover.

Time heals many things, and maybe things are looking up now for reforesting that large area of shrub cover. Maybe time will also heal the ailing PM market.

Treasure your physical.   Cheers.   Equiz.

that should be good for at least a$20 drop in gold  🙂

Turkish Lawyers Want To Raid Incirlik Air Base, Arrest US Troops For Terrorist Ties

https://www.zerohedge.com/news/2018-08-10/turkish-lawyers-want-raid-incirlik-air-base-arrest-us-troops-terrorist-ties

Because the global bankers jacked the US Dollar up so high so fast. It will create a great discounts on imports and vacations to foreign lands, for hapless US consumers. That US Note does NOT go up and down like the market price of lobster. It has a “control knob”. Its even in the constitutions. They can raise or lower the value as required.

“if just 1/100 of a percent of the money sloshing around out there in the U.S. and around the world goes into gold, gold will soar because it’s a tiny market compared to the paper asset markets”…asset managers may view the $ and U.S. T-notes as a safe haven…and some here and abroad will be buying put protection–but that’s very expensive…whereas gold is the cheapest “hedge” around…for the very good reason that it has been a lousy hedge–lately…but not in 2009-2011–so maybe todays resilience comes from some managers saying  “WTF…it’s so cheap…lemme throw a few bucks into gold’…

The stock mkt. is trying to stabilize…let’s see how the last hour goes…

the party’s over…

but can still feel the heavy hand of the scum sitting on everything pm

I guess I should be grateful that the strong USD isn’t crushing our metals.

LOL “Daisy May!”

I still get a ***** when I think of her!

Got to go get some work done. BBL

Pretivm Reports Second Quarter 2018 Results

https://ceo.ca/@nasdaq/pretivm-reports-second-quarter-2018-results

My first childhood crush !

The kids at the window in the LV suite reminded me of a Christmas when we gave one of the kids something that came in a fairly large box . The toy inside was cast aside after the first half hour , but the box became an imaginary submarine … an imaginary rocket ship …an imaginary ‘whatever’ for the rest of the day , until it was battered into a limp piece of flattened cardboard by bedtime. I could have saved my money and picked up a discarded box in the trash behind the grocery store for nothing , and the kids would have had just as much fun .

…we had a rich, loudmouth new york republican in the white house?

why aren’t there any democrats on mount rushmore?