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

This is what is saving the World today….pissing away 1/2 Billion Euro to save Africa from Climate change…tks to German Taxpayers !!!

Posted by Maddog @ 9:53 on August 8, 2019  

https://www.zerohedge.com/news/2019-08-08/bond-yields-stocks-spike-german-cash-climate-debt-plan

Gold snapping right back

Posted by Buygold @ 9:52 on August 8, 2019  

SM fading. If silver starts to snap back, look out above.

a few days ago…

Posted by treefrog @ 9:26 on August 8, 2019  

…someone was hoping that silver would convincingly move above $16.50

 

i do believe that has happened.  now, it needs to convincingly move above $17.

we had the first penetration, and it was sweet.  now, catch our breath and consolidate.

 

one foot in front of the other…

scum just eradicated that mini dollar sell off….yesterday it seems needs to eradicated as well.

Posted by Maddog @ 9:24 on August 8, 2019  

Maddog

Posted by Buygold @ 9:20 on August 8, 2019  

yeah, today isn’t kicking off all that well at the start, but it’s early. Dollar doesn’t look all that strong to me, kind of flat. I wasn’t crazy about the close yesterday but we’re going inverse the SM at the moment so no surprise.

Silver is going to be volatile going forward.

Well done the scum S&P prints 2900…..up 133 full points in 2 1/2 days !!!!!!!….or 4.75 %

Posted by Maddog @ 9:08 on August 8, 2019  

and no one will be saying it needs to correct.

Buygold

Posted by Maddog @ 9:00 on August 8, 2019  

there sure is a change…but we’ll get no help from the MSM about it…I see nothing on who is behind this buying, yet prices are all time Hi’s.

The scum sure have an effective media black out.

I have a bad feeling about today, it looks like the scum are on all out attack…I see the Dollar going bid, non stop for last 5 hours, rates may have temporary base here and they are very over done….and they are just selling everything in PM’s.

Hey Maddog

Posted by Buygold @ 8:53 on August 8, 2019  

You know me, the eternal optimist! HA!!

I’m not sure that the old round number rules are going to apply for awhile, but I sure as hell can’t begin to tell you why.

For years and years we saw the Nasdaq and stocks like AAPL and AMZN go up for days on end without any reprieve. I’m wondering if we’re not now just entering that period for pm’s.

I guess the big difference is that the PPT and scum are working against us, but something has definitely changed and I still can’t put my finger on it. It’s not just trade, or the Fed, or the economy – it’s something else. Something we don’t know about yet. JMHO

EXK Earnings – not good, should give me a chance to re-enter today

Posted by Buygold @ 8:44 on August 8, 2019  

VANCOUVER, British Columbia, Aug. 08, 2019 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) released today its financial results for the Second Quarter ended June 30, 2019 from the Company’s four silver-gold mines in Mexico: the Guanaceví mine in Durango state, the Bolañitos and El Cubo mines in Guanajuato state and the El Compas mine in Zacatecas state.  The Company reports a net loss of $10.1 million in the Second Quarter, 2019 compared to $5.7 million loss in the Second Quarter, 2018, primarily due to lower revenue and higher unit costs of production. Revenue decreased 24% due to lower production and lower realized silver prices, partially offset by higher realized gold prices. 

https://www.thestreet.com/press-releases/endeavour-silver-reports-second-quarter-2019-financial-results-nbsp-conference-call-at-10am-pdt-1pm-edt-today-15050138

Morning Buygold

Posted by Maddog @ 8:43 on August 8, 2019  

Well $ 1500 is a clear and obvious price too far and now AG is back below $ 17…they are going for the next smash….

What is amazing is that Bloomberg talked about the PPT protecting the SM, at some point someone will ask why keeping Commodities cheap, especially PM’s is the Fed’s job.

Ororeef et. all re: MUX

Posted by Buygold @ 8:07 on August 8, 2019  

Does this chart look buyable to you?

Seems like it is right on the cusp of a nice breakout, great volume yesterday. Maybe I’m just trying to talk myself into buying more but there’s not a lot of shares that look cheap to me. MUX does – maybe for a reason??

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

Morning Maddog

Posted by Buygold @ 7:18 on August 8, 2019  

Well, I suppose from my point of view given all the death, destruction and money the US has dumped into the M.E. old Vlad can have it.

Looks like the scum is having a tough time keeping the SM futures positive this am. Not down much, but when I woke up the DOW was up 70, now down 30.

Russia Gains Stranglehold Over Persian Gulf

Posted by Maddog @ 7:01 on August 8, 2019  

https://www.zerohedge.com/news/2019-08-07/russia-gains-stranglehold-over-persian-gulf

Looks like Vlad now controls most of the World’s oil and therfore the price.

Anyone would think that someone doesn’t want Au trading above $ 1500

Posted by Maddog @ 6:52 on August 8, 2019  

Is flat the new down?

Posted by Buygold @ 6:32 on August 8, 2019  

Half way expected a round number pull back today, but I see we’re flat.

Sideways for awhile works.

ORO–thanks…actually 20K shares was no problem–the volume was 30 million–the avg. daily volume is 7 mill

Posted by Richard640 @ 1:20 on August 8, 2019  

before I made the trade, I did note the high volume and thought it might be washout volume…gold could sell off a bit or go sideways cause there’s a possibility stocks go to new highs…

DISTRUST. THE BOUNCE–BETTER READ THIS FIRST

The Morning Line for Thursday
Published Wednesday, August 6, 7:22 p.m. EDT
Distrust the Bounce?
Much as I struggle to tune out the real world in order to trade solely on the instruction of my charts and proprietary technical indicators, the global picture both economically and politically seems far too grim right now for me to believe the broad averages are in the process of getting short-squeezed to new all-time highs. And yet, the violent price action shown in the chart is about as textbook as ‘mechanical’ buy signals get. I won’t go into the proprietary details of how these Hidden Pivot trades set up, but suffice it to say, the bullish opportunity here seems almost too promising to pass up. I missed the turn myself because I was too busy chortling over how the chimps who get paid to throw other people’s hard-earned money at stocks finally seem to be getting their comeuppance.

A Rally You Can Bank On


But will they? Based purely on the chart, I’d say the odds of the E-Mini S&Ps getting to at least p=2993.75 (shown as a red line) are around 80 percent. There may be a less risky spot to get aboard belatedly, and I will signal it in the Trading Room if warranted. But my hunch is that it will be a rough ride no matter how we play it. For the moment, however, like many of you, I will watch with amazement if the broad averages do indeed take flight in damn-the-torpedoes fashion. If so, they will be nitro-powered by short-covering, the only kind of buying sufficiently energized and irrational to surmount a mile-high wall of worry. 

One need only have been short for an hour or two today, as I was, to feel the mounting desperation and buying power of incredulous bears, many of whom ended the day still caught in the ringer. Fortunately, I am no longer among them. But I am almost as uncomfortable with the thought that my tendency to see the glass as half-full — of hemlock, that is — denied me participation in rally that will continue to feed on skepticism for longer than I might have cared to imagine. 

Gold Train

Posted by Maya @ 0:12 on August 8, 2019  

rrflasher-copy

The Rio Grande Ski Train snakes around
big ten curve as it begins the climb
up the front range, heading for more snow.
https://railpictures.net/photo/703219/

 

Has RNO been noodling around down South again?

Posted by Maya @ 0:10 on August 8, 2019  

Armed Men Steal $2.5 Million In Gold Coins From Mexico’s Mint

 

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