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

Remember “Browns BOTTOM” ?

Posted by Ororeef @ 10:22 on April 23, 2019  

WE are looking at “MADURO’s BOTTOM”  …they finally shook loose gold from his weak hands .

Like Brown ,he selling into weakness and when its done   !

and when ALL the talk is finished ….someone else owns the GOLD  ,Gold talks and Bullshit walks ,both Brown and Maduro will be gone ! Venezuela will get what it deserves ,everybody gets what they deserve..Some never Learn ! You vote the free loaders in ,you get what you deserve !

It seems to me only Norway has prudently used its windfall oil revenue,,,so far ! I guess Fishing and cutting Lumber was such hard work ,its not soon forgotton .! but a whole generation has grown up there pushing paper and soon they will out vote those that remember how hard Fishing in the North SEA was and Lumber jacks have lost their muscle …We shall see,good luck Norway !

Dont copy Venezuela ! and dont Lend them your money !

More fisticuffs down the pike

Posted by ipso facto @ 10:08 on April 23, 2019  

Seeds Sown for Major Transatlantic Trade War Starting in May

” Climate Change Now in the Picture

On April 18, France has signaled it will not cooperate with Trump in any way.

Please consider the new French demand: No EU-US Trade Talks Unless Trump Supports Climate Deal.


Earlier this week, the European Union agreed to start trade talks with the United States on industrial goods. France, however, has objected to the decision while Belgium abstained. In Paris, the concern is that there cannot be any agreement over trade while the U.S. refuses to commit to key environmental targets.

“France is opposed to the initiation of any trade negotiations with countries outside the Paris climate agreement,” a French official said Monday, explaining why the second largest euro country said no to trade negotiations with Washington.

“It is a question of values. Europe must be exemplary and firm in its defense of the climate,” the same official said.”

https://moneymaven.io/mishtalk/economics/seeds-sown-for-major-transatlantic-trade-war-starting-in-may-7g1wCgblL0C9K3_7VBQfMw/

A decent hit for Mawson

Posted by ipso facto @ 9:25 on April 23, 2019  

Mawson Drills 31.3 Metres at 6.0 G/t AuEq at Raja Gold-Cobalt Prospect, Finland

https://finance.yahoo.com/news/mawson-drills-31-3-metres-110000275.html

Cretins strike again

Posted by ipso facto @ 8:54 on April 23, 2019  

Gold Plunges Towards Key Technical Level After $1.5 Billion Notional Dump

https://www.zerohedge.com/news/2019-04-23/gold-plunges-towards-key-technical-level-after-15-billion-notional-dump

Richard640 @ 22:36

Posted by Captain Hook @ 8:10 on April 23, 2019  

Just what the idiot gamblers need — more reasons to buy more calls on GLD, GDX, JNUG, etc.

That strategy has been working out so well for so long all you got are a bunch of dummies who continue to attempt recovering previous losses over the past eight-years.

This is likely not a problem for you, but most of these gamblers will run out of money in the years to come as the PM’s are stuck in this never never land of addicted gambling fanatics.

Cheers

Silver Trains

Posted by Maya @ 2:40 on April 23, 2019  

rrflasher-copy

A surfliner lays over in the background
as northbound and southbound
“Coast Starlight” trains cross paths
at San Luis Obispo.
https://railpictures.net/photo/694754/

 

bitcoin ripping again

Posted by eeos @ 2:19 on April 23, 2019  

boyz can’t muff with it like they do with Gold, you know they hate this action. Meanwhile gold has zero pulse. DOA

SnG, where you been? I was worried you were done in on that Penticton fiasco…

Posted by macroman3 @ 0:12 on April 23, 2019  

Lotsa good info on who really rules the world and how they do it.

Posted by silverngold @ 0:02 on April 23, 2019  

goldielocks @ 20:50

Posted by ipso facto @ 23:27 on April 22, 2019  

I’ll second that notion!

4-22-The great Ballinger on gold= I am 50% invested now in the GLD June $120 calls at $2.25 and 75% long JNUG at $7.53. I am looking to add to JNUG tomorrow on the opening

Posted by Richard640 @ 22:36 on April 22, 2019  

Also bullish is the chart of the GLD posted Saturday as it has entered into oversold status. Everyone is now resigned to a test of the 200-dma at $118.25 ($1,152 for gold) but I don’t think it will get there without at least a $30 rally first.

The miners are also approaching levels from which they usually rally so with the HUI right at the 200-dma at 157.50 and with JNUG down six out of seven sessions, things are starting to get interesting.

These set-ups should work just as they have in the past but use tight stops and scale into positions.while I see how silver does in the overnight session.

I am trying desperately to ignore Mr. Einstein’s famous quote on behaviours begetting negative outcomes but I am also mindful of the diabolical machinations of the bullion bank behemoths at every turn.

Well I came up with a better REO song for maya besides Take it on the Run. Maya posted a cool photo of the train snaking around like it was eating its tail. All coiled up and hissing. Like the USA…

Posted by macroman3 @ 21:44 on April 22, 2019  

Ipso 9:51

Posted by goldielocks @ 20:50 on April 22, 2019  

Consigned to the dust bin and dumped in hazardous waist.

newtogold

Posted by ipso facto @ 18:14 on April 22, 2019  

I think that’s great! Maybe he’ll be able to clean some stuff up? Talk about swamps!

Ukrainian Prez elections-sounds like a TV story but it’s true-look out deep state candidates

Posted by newtogold @ 17:56 on April 22, 2019  

https://www.theguardian.com/world/2019/apr/21/zelenskiy-wins-second-round-of-ukraines-presidential-election-exit-poll

Dramatic COT change in gold=The commercials increased their longs by 13,224 contracts and decreased their shorts by 41,155 contracts

Posted by Richard640 @ 17:22 on April 22, 2019  

[But “do it” matter?  One never knows, do one? (Fats Waller)]–sure didn’t help today!

Silver

*The large specs reduced their long positions by 377 contracts and increased their shorts by 10,156 contracts.

*The commercials increased their longs by 15,451 contracts and increased their shorts by 2,654 contracts.

*The small specs decreased their longs by 903 contracts and increased their shorts by 2,654 contracts.

The commercials net short position has been reduced to 24,000 contracts.

Gold

*The large specs reduced their long positions by 16,294 contracts and increased their shorts by 32,797 contracts.

*The commercials increased their longs by 13,224 contracts and decreased their shorts by 41,155 contracts.

*The small specs reduced their longs by 1,227 contracts and increased their shorts by 4,061 contracts.

The commercials net short position has been reduced to 80,000 contracts.

 

5:04 pm–6,035,000 shares traded in GDX since the 4 pm close–is that normal? Seems high

Posted by Richard640 @ 17:07 on April 22, 2019  

Even JNUG has traded 136,031 shares

https://www.nasdaq.com/symbol/gdx/after-hours

Ipso–thanks for the insight-I’m not sure “contrary opinion” is any good for gold anymore…nothing seems to be predictive.

Posted by Richard640 @ 15:51 on April 22, 2019  

Crude up 1.70-Comex gold UP .80 & the $ is down .210–JNUG down 6.85%–JNUG May 3rd $8.50 call is .11 cents

 

I was thinking JNUG in the 6 or 7 buck range would be a buy–that’s down from a Feb. 18th 2019 high of 12.36…right now at 7.29 that’s almost a five buck discount and seems like a good place to buy an initial position…I’m just not sure that gold is a viable investment vehicle anymore…now does that opiniom make this the greatest contrary indicator ever? In any other market, I might say yes…but I’ve never seen, in 25 years, a more world-wide concentrated effort by the official govvie sector to remove gold from the investment landscape…so weird…countries are buying gold and capping it at the same time…

Richard640

Posted by ipso facto @ 14:32 on April 22, 2019  

HUI getting oversold and almost down to the 200 day MA. Seems like the shares have continued to go down without gold doing much. If the best buying opps are when you’re feeling nauseous then maybe this is one.

Having said that … over the past few years almost all sales have been good sales in the PM sector.

Crude up 1.70-Comex gold up 1.20-$ down .210–JNUG down 4.85%–JNUG May 3rd $8.50 call is .13 cents

Posted by Richard640 @ 14:21 on April 22, 2019  

They [the option writers] are making me an offer I can’t refuse…only problem is that with all these seemingly gold bullish conditions today JNUG IS actually down .39 cents…so if oil is up another buck and the dollar is down again tomorrow there is no guarantee that JNUG won’t be down again…anybody buying this mess?

The Macro Tourist=ONE GROUP WILL BE SPECTACULARLY WRONG

Posted by Richard640 @ 14:08 on April 22, 2019  

In all my time studying markets, I can’t recall a single instance when the split between “pros” and “retail” has ever been higher.

Clashing views

This leaves us in an awkward position. The professionals are bearish and believe this rally should be sold.

Yet retail is hoovering up stocks like a brand-spanking-new triple-action model with the red trim and all the options.

In the old days it would make sense to go with the professionals – after all they do this for a living.

But in this age of limited alpha, I believe the choice is not nearly as clear.

Ironically, the weak hands are no longer retail and they are not nearly as “dumb” as Wall Street believes. Retail investors don’t have the pressure of monthly return comparisons. They don’t have consultants threatening to pull money at the first sign of underperformamce.

This might sound absurd, but I would rather be on the side of retail. I know that would mean buying stocks up here at plus 25%.

 

https://www.themacrotourist.com/posts/2019/04/22/sentiment/

Ipso 9:48

Posted by goldielocks @ 13:11 on April 22, 2019  

Too bad we can block Iran, the instigator and funder of terrorist and controller of Syria and Iraq.

Posted by treefrog @ 10:46 on April 22, 2019  

b5cb0961722fa8e3a5ee935766be0541

10:13 am–This is getting monotonous…

Posted by Richard640 @ 10:15 on April 22, 2019  

Comex gold up 1.70 silver up 12–yet JNUG down 7 cents & GDX down 9 cents

Announces Presidential Run

Posted by commish @ 10:07 on April 22, 2019  

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