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

The jobs number could be 125K. V.S. 190K expected-that may not help gold but it shouldn’t hurt it

Posted by Richard640 @ 17:37 on March 6, 2019  
TS Illustration/Chip Somodevilla/Getty

U.S. employers added modestly fewer-than-expected jobs into the economy last month, according to a private sector reading from payroll services provider ADP, suggesting employment growth in the world’s largest economy could be slowing.

Around 183,000 new jobs were created in February, ADP said, just shy of the 189,000 consensus. However, ADP also revised its January report to show a gain of 300,000 from its initial estimate of 213,000.

The reading could impact analysts’ forecast for Friday’s employment report from the Bureau of Labor Statistics, which is expected to show around 190,000 new jobs and a headline unemployment rate of 3.9%.

“We think ADP overstates Friday’s official number; we expect a 125K increase, representing a correction after the outsized January leap,” said Ian Shepherdson of Pantheon Macroeconomics. “We think the January official number was elevated by favorable weather effects and double-counting of federal government workers taking second jobs during the shutdown.”

The U.S. dollar index, which tracks the greenback against a basket of six global currencies, slipped marginally lower to 96.88 following the ADP release, while equity futures linked to the Dow Jones Industrial Average slipped lower to indicate an opening bell decline of around 32 points.

JNUG

Posted by redneckokie1 @ 16:40 on March 6, 2019  

Took out support. Next stop is $8.60 area.

rno

Hey Maddog

Posted by Buygold @ 16:36 on March 6, 2019  

Strange, they didn’t come up with the ram job into the close which is really surprising.

PM’s and especially the shares remain completely unpredictable. Lately we’ve been seeing rallies against a weak SM but not today. Everything pm pretty much sucked.

No idea where we go from here but not encouraging. Wouldn’t be surprised if we saw the SM futures up 200 points in the morning on absolutely nothing. PM’s down or up a dollar.

Craziness

Here come the scum….for the ram job ????

Posted by Maddog @ 15:33 on March 6, 2019  

scum got their hands full trying to hold SM…will they manage to hold these lows ?????

Posted by Maddog @ 15:20 on March 6, 2019  

Gold Titan

Posted by goldielocks @ 14:28 on March 6, 2019  

Is your currency going down? Heard something about your currency is what is our dollar bringing prices down here but not only thing. Maybe good to hold our currency when low to buy gold when your currency going down then could take profits in yours.

My daughter in law and grandson are going to Melbourne this summer. That girls got connections. She got a three bedroom house for 500 in a apparent nice neighborhood for a month. It was like wait what. My grandson only 12 don’t want to be gone that long. Do you know what to see there for kids.

DOW

Posted by redneckokie1 @ 13:35 on March 6, 2019  

Unless this is a major fake-out, the dow confirmed it has rolled over to the downside again. Maybe we can get a little help in the PM. JNUG seemed to be down more than expected since gold is in the green today.

rno

JNUG

Posted by redneckokie1 @ 11:33 on March 6, 2019  

Reversal up is still holding, for now.

rno

Woodshedding the shares now

Posted by Buygold @ 11:08 on March 6, 2019  

not really sure why but we better get to the business of bouncing here pretty quick

Predictable?

Posted by ipso facto @ 10:01 on March 6, 2019  

North Korea Starts Rebuilding Long-Range Missile Site, Satellite Images Reveal

https://www.zerohedge.com/news/2019-03-06/north-korea-has-started-rebuilding-long-range-missile-site-satellite-images-show

Silver shares

Posted by Buygold @ 9:51 on March 6, 2019  

holding up a little better than everything else so far – especially the small caps

probably going to need some help from the USD or a weaker SM

d057398478

Posted by ipso facto @ 9:35 on March 6, 2019  

“If you have been voting for politicians who promise to give you goodies at someone else’s expense, then you have no right to complain when they take your money and give it to someone else, including themselves.” ― Thomas Sowell

Wow Hook

Posted by Buygold @ 9:23 on March 6, 2019  

That came out of left field. Who said anything about buying JNUG calls?

R640 is the big options player around these parts not me.

Take your meds, and go back and read the posts regarding JNUG with RNO and R640.

Try contributing something positive here for a change instead telling us all how doomed pm’s are because of the stupid speculators. I think we all get it, especially after hearing it for the 100th time.

Buygold

Posted by Captain Hook @ 7:58 on March 6, 2019  

You’ve got the memory of a goldfish.

Keep buying those JNUG calls and see how that works out for ya.

Unbelievable.

Ha commish!

Posted by Buygold @ 7:57 on March 6, 2019  

Monkasio – beautiful.

Silver Train

Posted by Maya @ 2:07 on March 6, 2019  

rrflasher-copy

The California Zephyr claws it’s way up the continental divide,
http://railpictures.net/photo/688886/

 

The Boss

Posted by commish @ 21:34 on March 5, 2019  

Winski astro forecast

Posted by overton @ 19:26 on March 5, 2019  

new moon tomorrow short term gold bottom……..around 24 mins in

Not too bad

Posted by Buygold @ 16:08 on March 5, 2019  

We’ve definitely had worse days than today when the USD was higher like it was today. Hoping $1280 holds up. The HUI is bouncing a little where it should have.

JNUG? Might just be worth a try.

someone messed up the SM close …dumped huge in last 10 mins…scum overwhelmed for once.

Posted by Maddog @ 16:03 on March 5, 2019  

JNUG

Posted by Richard640 @ 14:00 on March 5, 2019  

on this daily chart JNUG’s RSI was about where it is now and JNUG went from $8 to $13.50 and only touched RSI 30 once=about November 15th 2018….

https://stockcharts.com/h-sc/ui?s=jnug

JNUG

Posted by redneckokie1 @ 13:53 on March 5, 2019  

JNUG has corrected 50% from the move of $6.00 to $13.50. This area needs to hold for the next leg up.

rno

Ipso

Posted by goldielocks @ 13:37 on March 5, 2019  

Yep Just like all the other coincidences.

goldielocks @ 11:44

Posted by ipso facto @ 12:35 on March 5, 2019  

It’s just a coincidence! 😉

A lot of truth in here

Posted by ipso facto @ 12:34 on March 5, 2019  

The Empire: Now or Never

Many people I talk to seem to think American foreign policy has something to do with democracy, human rights, national security, or maybe terrorism or freedom, or niceness, or something. It is a curious belief, Washington being interested in all of them. Other people are simply puzzled, seeing no pattern in America’s international behavior. Really, the explanation is simple.

The reason of course is empire, the desire for which is an ancient and innate part of mankind’s cerebral package. Parthian, Roman, Aztec, Hapsburg, British. It never stops.

https://fredoneverything.org/the-empire-now-or-never/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.