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

Welcome to the White Mountains of New Hampshire.
https://railpictures.net/photo/693784/

If gold would come way back by morning…that would be a very bullish set up

I love your analysis..very clever…I hope u r right…but NOTHING seems to ever work for gold…wall st is pricing in 2 or 3 rate cuts–CBs around the world are printing round the clock…and. here we are tonight with GS in the crapper…

Putin wont like holding Chinese currency for his oil if it loses its value every day..Hes gonna want GOLD  !….TA DA  !Thats where we come in !  Short YUAN,Short HK DOLLARS ..They wont buy US $ for political reasons ,but GOLD is international and Crypto is not here yet as a store of value..

Goldman Now Expects The Yuan To Drop Below 7 For The First Time Since The Financial Crisis

“We expect the US dollar to appreciate versus the CNY and revise our USD/CNY forecasts higher to 7.05, 6.95 and 6.80 (from 6.95, 6.65 and 6.60 previously) over the next 3-month, 6-month and 12-month horizon.”

14.80 and 14.60 are support areas.

rno

to short the Hell outta the Chinese currency and make it very expensive for them to buy anything including OIL ..thats why they are getting close to Putin…Buying FOOD will get very expensive for them..Putin wont like holding Chinese currency for his oil if it loses its value every day..Hes gonna want GOLD  !….TA DA  !Thats where we come in !  Short YUAN,Short HK DOLLARS ..They wont buy US $ for political reasons ,but GOLD is international and Crypto is not here yet as a store of value..

……or maybe all but ONE!! Hang in there my friend. ;o)

The British were responsible for educating and giving good Government to many places ..India,Hong Kong,Taiwan…They were the best at Government and bringing people into the modern era ….

I dont know how it ends,but they cant put the genii back in the bottle ….Russia couldent ,Cuba ,venezuela .How you gonna keep them done on the farm,once they been to the city…

Money will leave first ..the rest will follow.Only the poor will be left to share the Poverty.

Thats what communism is sharing the Poverty ….somehow it comforts people to know their not alone !  I wouldent be the last to leave….Either China gives up some Political Power or its chaos .

I dont see any place where Communists have given up Political Power..they just disintegrate and everybody abandons them..Maybe its good for Australia,Singapore,Vietnam Canada ?

I had a Chinese friend in 1950 until he started going to NYC on weekends and started spouting about how the US should be doing this and that criticizing the Us..then we all avoided him and never heard from him again ..We all liked him until the communist propaganda got to him.WE used to visit each other for lunch ,his Uncle sponsored him to come here after Chaing Kai Shek got driven from the main land on to Taiwan he was a good worker .worked in uncles Chinese Laundry after school and lived in the back room .He used to come to my house for lunch twice a week in (5th grade).His name was ENG ..I liked the kid ,but after the Communists got to him got tired of him bad mouthing the US…He expected the US to fix everything in China when the Communists took over.He was from Canton.

Thank you so much for your kind words…your comments mean a lot to me. I am currently still in a down and out phase. Sometimes a bit of humor is a great help at these times for me. So, alas and alack but, all the great books have already been written and all the great movies already produced…LOL.

it sure seems a stretch that gold is just gonna pause for a day or 2 and just keep going up…

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

Perhaps this is not an apt comparison…but how did the grains in 1973…like soybeans rise steadily for months on end from $3.00 to $12.90…how do stocks like Priceline go from $2 in 2000 to $2400…or Amazon go from $8 in 2000 to  $1800…without analysts ranting about their high RSIs and investors selling them each and every time to retrace 100% of their latest gain? 

Doesn’t there reach a recognition time–when the bull finally manifests–that the RSI–overbought/oversold game suspends…and a stock or commodity just keeps going up with minor pullbacks like stocks did in the 1990s?

I subscribed to Investors Intelligence in the 1990s…that servic basically FAILED back then becuase it had a consistantly  high bullish percentage of advisors…and contrary theory was rendered ineffective…I think there has built up–for good reason–a deeply imbedded negative bias towards PMs…even among gold devotees…only gold seems to shriek “eek” a 65-0 RSI-!!… and go into a grand mal seizure every time…

And was always amazed by the ability of the people to get things done rapidly and effectively . At the time , ( under British jurisdiction ) it was a model of business acumen and efficiency .

This is very sad news for me .

https://en.wikipedia.org/wiki/List_of_banks_in_Hong_Kong

Gold could rally tomorrow,based on news from HKong..!

disenters are being extradited to mainland for trial !THIS IS A BIG DEAL !..ITS IN THE NEWS NOW ..Money is fleeing HK ,Real Estate will collapse in HK.

Fleeing money ? would you buy Gold outside of HK with your HKDOLLARS ?

Buy Bonds ? buy US DOLLARS or all the above ?

The CATS out of the BAG HK is 25-30 % of Chinas Financial money center any loss  of confidence  will have mass consequences including a run on HSBC Bank maybe ! A Bang up in Gold is a possibility with new demand for USDOLLARS and Bonds .Swaps out of HK DOLLAR into US DOLLAR will be massive internally in HK..

Riots in Hong Kong now because of arrests of dissidents  being extradicted to mainland for trial..in the news now…a CLEAR violation of the agreement with the British !

Great story!

Could Gold Rally Above $3750 Before December 2019?

Kyle Bass HongKong https://youtu.be/ZBl05xNq_AU

trouble for the Hong kong Dollar and HSBC Bank  ..money fleeing!

Tks for providing the definition of “concatenation”

Definitely would have had to look that one up.

For as much razzing as I give you as “Buddha” I really do hope you nail an up move. I know there are a few of us hoping the same.

Such a difficult thing to do with pm’s

I couldn’t agree more…gold will be merely a plaything of the FED and the banksters until the necessary concatenation** of events breaks their domination…one event could be a sustained fall in the dollar…another even could be that German household deity, Goethe’s stainless steel bust falling off the mantlepiece…etc etc

**concatenation=

a series of interconnected things or events.

*************************************

n formal language theory and computer programming, string concatenation is the operation of joining character strings end-to-end. For example, the concatenation of “snow” and “ball” is “snowball”. In some but not all formalisations of concatenation theory, also called string theory, string concatenation is a primitive notion.

The Fed, their bankster minions, endless money printing and the Crimex always have the final say on what pm’s will do.

The SM of course is subject to all the same things, only in the opposite direction.

I’m not seeing the economic weakness to justify rate cuts, but that’s because I have a micro view. Idaho has a 2.9% unemployment rate and my area is probably around 1%. We can’t get good people and will seek to poach people from out of state as our company growth is exploding.

I guess we’ll know a lot more oh mighty Buddha! 🙂