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

I think this is scary stuff. Are we in a digital war with Russia?

Posted by ipso facto @ 10:03 on June 16, 2019  

U.S. Escalates Online Attacks on Russia’s Power Grid

WASHINGTON — The United States is stepping up digital incursions into Russia’s electric power grid in a warning to President Vladimir V. Putin and a demonstration of how the Trump administration is using new authorities to deploy cybertools more aggressively, current and former government officials said.

In interviews over the past three months, the officials described the previously unreported deployment of American computer code inside Russia’s grid and other targets as a classified companion to more publicly discussed action directed at Moscow’s disinformation and hacking units around the 2018 midterm elections.

https://www.msn.com/en-us/news/world/us-escalates-online-attacks-on-russias-power-grid/ar-AACV9BZ

R6

Posted by Buygold @ 9:36 on June 16, 2019  

I’m going to bookmark that since they seem to be bragging about previous calls.

We’ll see what really happens.

I love these hard sell articles by letter writers and coin dealers

Posted by Richard640 @ 7:10 on June 16, 2019  

I can tell you that huge moves are about to start unfolding not only in metals, or stocks but globally and some of these super cycles are going to last years. These super cycles starting to take place will go into 2020 and beyond which we lay out in our new book/guide: 2020 Cycles – The Greatest Opportunity Of Your Lifetime

Precious Metals: T-Minus 3 Seconds To Liftoff

Portugeezer

Posted by goldielocks @ 18:06 on June 15, 2019  

Someone’s got you beat.
The longest engagement on record was between Octavio Guillan and Adriana Martinez. They finally took the plunge after 67 years in June 1969 in Mexico City.

Portugeezer

Posted by goldielocks @ 18:00 on June 15, 2019  

Did you get any pictures of the Rock?
I wonder if the UK will no longer have that territory after the BritExit. Seems complicated.

Ps I wonder if you two hold the world record for waiting a few years.

6-13–Martin Armstrong

Posted by Richard640 @ 13:46 on June 15, 2019  

ANSWER: The only time gold has rallied significantly is when the CONFIDENCE in government declines. That was the case during the post-1976 era for people saw inflation as running away. That was because of OPEC creating STAGFLATION meaning it was cost-push inflation that eventually converted to demand-push inflation by mid-1979. I understand that all of these gold-bug analysts have been preaching hyperinflation for decades. The whole Quantitative Easing (QE) was supposed to create $10,000 gold years ago. Here, after 10 years of QE, gold remains trapped in a consolidation.

Gold will be the hedge against political uncertainty and government ONLY when the people reach that critical point of losing faith in government. We are at the 35% level where people believe the government is the number one problem. When that crosses the 45% mark, things will start to become different. This has nothing to do with the quantity of money. Most millennials use their phones to buy things or credit cards – not cash. The idea of gold as a store of value has faded between generations. The worst thing you could do is judge the world by what you believe. Everyone will act only on their own reasoning and belief system.

A gold bank

Posted by goldielocks @ 11:38 on June 15, 2019  

I wonder if they will really back it.

Will Basel-III Changing Gold’s Status as a Reserve Asset for Banks Change the Future?

Protesters agree to lift Newmont Goldcorp blockade in Mexico

Posted by ipso facto @ 10:10 on June 15, 2019  

Mexican protesters agreed to lift a blockade at Newmont Goldcorp’s Penasquito mine on Friday, according to a government document seen by Reuters, ending a standoff that led to the mine stopping production for more than a month.

An official at the Interior Ministry, which issued the document signed by protesters and company representatives, confirmed its authenticity.

Protesters agree to lift Newmont Goldcorp blockade in Mexico

Hong Kongers come here in the US

Posted by Ororeef @ 9:39 on June 15, 2019  

Your welcome ! We know you will create JOBS ! and Wealth for all..Apply for Asylum before the Democrats change their mind (when it works against them.) Get your motor voter registration CARD.. NOW !

Come to “FREE” citys ,not “Sanctuary” citys ..they will TAKE your money in TAXES.Go to LOW TAX STATES .

Your Welcome here ,create jobs and make everyone free and independent of GOVERNMENT ,any Government .

Refuse welfare ..its a trap ! You dont need it anyway ! VOTE for Trump !

Hong Kong Peoples victory

Posted by Ororeef @ 9:02 on June 15, 2019  

Government Caves In. Now they need to remove her from office for her betrayal to the Communists .

A public flogging  is in order  !

Now that the betrayal is exposed Hong Kongers need to protect themselves .1.Get your money out of there.2.encrypt you emails .(Protonmail.com).Buy Gold outside of HongKong .Australia ,Canada,Mattahorn Asset Management …Crypto currency bit Coin in a HARD WALLET .Apply for Asylum in the US under the same Auspices as the couples coming across the Southern Border .This is a legitimate  reason .Come to the uS and bring your money with you ,vote  for Trump ..! He’l protect you !

R6 – That was a good article but it IS Clive Maund after all so a grain of salt may be required

Posted by Buygold @ 8:14 on June 15, 2019  

He states:

 “The US Neocons would do well to heed the old saying “People who live in glasshouses shouldn’t throw stones” – the key to neutralizing them is to dedollarize, collapse the dollar and starve the US military – industrial complex of the torrent of foreign funds that it depends on for its power. The rest of the world knows this and, after making sure that they are able to defend themselves militarily (in the case of the major powers), are taking steps to dump the dollar and push it off its perch. This of course will be a huge driver for gold, especially as most other currencies are also in a parlous state.”

I agree with him here but we really don’t see the wholesale dumping of dollars, even with rates falling and an inverted yield curve. I’m not sure the rest of the world has enough strength or stomach to dismount the dollar.

Current Standings:

Buddha     3-1-1

Gartman   1-3-1

Image result for dennis gartman pictures

Counting on rate cuts to help PMs? With possible zero bound rates round the world, the mkt may take rates down without the FED

Posted by Richard640 @ 7:06 on June 15, 2019  

“The Market is Almost Always Wrong About What the Fed Will Do”: Chart

When you wish upon a star…makes no difference who you are…la-la-la!

Posted by Richard640 @ 22:15 on June 14, 2019  

We have learnt from a mistake made early in 2016 when we called the end to the strong rally in progress then off the lows of the giant complex Head-and-Shoulders pattern too early due to high Commercial short and Large Sec long positions.

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

A key point to make at this juncture is that the latest COTs for gold looked bearish because there was an explosion in Commercial short and Large Spec long positions to an at least 1-year peak, which many are taking to mean that gold will fail again at the big resistance at the upper boundary of its huge base pattern. But what may instead happen this time is that gold breaks out anyway, perhaps after backing off a little first, and rockets higher, with positions ballooning to well off the scale levels, which would hardly be surprising since if gold breaks out above $1400 a huge number of investors and traders will come down off the fence and pile in. When they have reached wild extremes on a spike, then we will see a correction or at least a consolidation before the next upwave starts. We have learnt from a mistake made early in 2016 when we called the end to the strong rally in progress then off the lows of the giant complex Head-and-Shoulders pattern too early due to high Commercial short and Large Sec long positions.

https://tinyurl.com/y3cpoq3c

ipso & King

Posted by aggie @ 21:12 on June 14, 2019  

Thanks for the welcome. No, was not in sugar.

dbbaba

Posted by ipso facto @ 19:38 on June 14, 2019  

Welcome back!

FYI-COTs–as of Tuesdays close-horrific!-so how did G&S do as well as they did?-even today gold ended green.

Posted by Richard640 @ 18:44 on June 14, 2019  

 

Losing their effect??

The Commitment of Traders Report

Silver

*The large specs increased their long positions by 8,572 contracts and decreased their shorts by 2,531 contracts.

*The commercials increased their longs by 3,438 and increased their shorts by 16,340 contracts.

*The small specs increased their longs by 1,400 contracts and reduced their shorts by 399 contracts.

The commercials are now net short 25,191 contracts, as of last Tuesday.

Gold

*The large specs increased their long positions by 9,637 contracts and reduced their shorts by 18,486 contracts.

*The commercials increased their longs by 5,202 contracts and increased their shorts by 34,653 contracts.

*The small specs decreased their longs by 2,608 contracts and reduced their shorts by 3,936 contracts.

The commercials are net short 202,027 contracts.

Dbbaba–yeah, that was a good one–were u in on the sugar trade, too?

Posted by Richard640 @ 18:33 on June 14, 2019  

This is another reason gold is not going to just dry up and blow away

Posted by Richard640 @ 18:31 on June 14, 2019  

-this was on yesterdays WSJ front page-I call it a kind of “Magazine cover indicator”

How Washington Learned to Love Debt and Deficits

Political support for taming federal debt has melted away, and the U.S. is testing just how much it can borrow

William Hoagland has engaged in nearly every Washington budget-deficit battle for four decades. A longtime analyst and onetime senior Republican congressional budget aide, he brought a sensibility learned growing up on an Indiana farm: You’ve got to balance the books over time.

He feels like a voice in the wilderness now.

The theories about debt and deficits and whether they matter—once widely shared in Washington, on Wall Street and in academia—have fundamentally changed.

King Richard

Posted by aggie @ 16:17 on June 14, 2019  

Have been here and never left gold.  Will never forget your tip on gold options, if I remember right $600.

Bought 20 and road. Thanks again King.

Deer79, & COT’s

Posted by Buygold @ 16:08 on June 14, 2019  

Deer79 – They can and do hit this stuff whenever they want. Today was obvious, HUI got up near two previous highs with an RSI over 70 and it was obviously toast. gold hits the nice round number of $1350 and toast as well.

As for “King Richard” he’s a good trader and I have little doubt that he was tits short for the obvious.

COT’s are even worse if that is possible, so look out below. Back to $1280 is my guess, war of any kind, whether trade or real is always bad for pm’s.

https://cftc.gov/dea/futures/deacmxlf.htm

 

dbbaba–long time no see–where ya been? Just lurking?

Posted by Richard640 @ 15:47 on June 14, 2019  

deer79

Posted by Maddog @ 14:46 on June 14, 2019  

They had to come in today, or the whole world will be looking at the Gold breakout..and that just can’t be allowed with all the debt that is out there and the SM at near record Hi’s. The mirage must be maintained or the people will wake up and wonder what the hell the idiots have done.

This week in the UK our dead duck PM, Treason May has enacted a policy into law that says the UK will be Carbon neutral by 2050, there was no parliamentary discussion allowed, she just issued the edict and parliament agreed, even her own Chancellor thinks it’s mad and said it will cost at least £ 1 Trillion, close down all our heavy industry, force all home owners to use only electric power, only electric vehicles, no more diesel lorries etc etc….

In a sane world our stock mkt should have collapsed…but tks to the rig it barely blinked …

Good to still see you King Richard.

Posted by aggie @ 14:23 on June 14, 2019  

I’m back for the new run in gold.

Posted by aggie @ 14:22 on June 14, 2019  

Test

Posted by aggie @ 14:20 on June 14, 2019  
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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.