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

There can’t be too much CO2, as this expert explains.

then as you say, pm’s will be just fine.

Today was a nice, scripted bounce in the SM, rates and the USD.

We’ll see how long it lasts. My bet is not long.

From Murph tonight:

Meanwhile, unlike years past, it will be a surprise here if gold and silver fall apart from present levels. That does not mean we won’t get some more corrective activity, but corrections have not lasted in the gold market for the last three months. This one ought to be short-lived too.

Even this afternoon, gold plunged $5 from its Comex close in the Access Market, only to come right back to unchanged … only to be knocked down again below $1500. What a battle!

The shares, which have had some run, were crushed early, but came back nicely, cutting their early losses. The XAU fell 1.62 to 93.26. =

Have you heard the news? US Treasury bonds are sky rocketing as it turns out there is no inflation amid a global central bank NIRP-a-thon and race to the currency bottom. Going the other way, our 30yr Treasury yield Continuum is burrowing southward.

If you check out yesterday’s post you’ll see proof that the 2018 NFTRH view that people should tune out the bond experts instructing BOND BEAR MARKET!! was 100% on target.

But today the din is coming from the opposite pole. Everywhere you look on the financial websites it’s now about tanking yields, decelerating growth, trade war damage and deflation. Here is the 30 year bond yield (TYX), which is front and center in this hysteria (click the charts below for the clearest view). That is one impulsive looking drop.

But just as we warned that the precious metals move was a “launch”(not a blow off as some were calling it) in June because it was at the beginning rather than the end of an extended move, we note that TYX is impulsively dropping into a potential climax. Everybody is on the opposite side of the boat they were on in H2 2018. That would be the BOND BEAR MARKET!! side of the boat with experts Gross, Gundlach and company.

Now amidst the current Armageddon (the SPX is after all down a whole 4% from its all-time high, he said sarcastically) backdrop it’s all BOND BULL MARKET!!all the time.

Wash…

Rinse…

Repeat… the herds never catch on because they are the herds. They follow. Always.

While it does not always work this way, since gold often plays well with inflation and bonds do not, during this slight global economic growth contraction gold has acted as have Treasury bonds in almost perfect sync. Here, check out the daily chart of the yield and gold.

The green dashed lines on this weekly chart show phases where gold and 30yr yields were mostly correlated, which meant that gold and Treasury bonds were not. That relationship is violently interrupted on this cycle of fear, loathing and Armageddon obsession.

But maybe this IS the big one (Elizabeth!). The Continuum has declined to the lows reached during the NIRP hysteria back in 2016 and the stock market correction before that in 2015.

Armageddon ’08? Yields are below that terror stricken event and the 2012 launchpad to the financial media’s “Great Rotation”(out of bonds and into stocks) promotion of 2013.

This critical area of support is as important in a completely different way than the aborted breakout (orange arrow) above the Continuum’s limiter was last year.

We had a day like this and it completely reversed the next day…so let’s see how it shakes out

USD, rates, news and the SM, but we’ve had worse days.

They painted the charts to make this look like a blow off top this am on some non-news

We bounced where we should have and will close above $1500.

Today sucks but we aren’t done, not by a long shot.

After they failed to protect a potential witness the same person it’s pretty much a bet what they’re doing next. I just hope there are no child prisoners there who will never be rescued if you know what I mean.
There are pictures coming out that one of the building caught fire.

R640 always talks about? hehe. That’s the cabal right there

from swine fever  ,all we need to do now is ban exports from China owned American based pig production from Virginia based Smithfield FOODS  .As of 2006 Smithfield produced 15 million pigs ,produced 6 billion lbs of pork PER year ..Trump can ban their export !

sign a mutual defence treaty with VIETNAM  ,the RICE basket of Asia .They see whats happening to HongKong they are gonna need protection…!  The Viets will kick their ass anyway ! they done it before..and they are not happy with China in Vietnem territory waters .

yet they threaten to buy FOOD elsewhere ! Go ahead !  Trump will call your bluff  ! then what !

They dont know who there dealing with  ..this aint Biden , Hillary or Obama  …Its gonna cost ya more later ! This aint yer Granpas Democrat yer dealing with !and it’ll be shipped on American Ships   ….take that with ya when ya go to Hong Kong and dont ferget to  tell them ya cant feed them…

Operation expiration smackdown is alive and well

…back over $17.00

I can feel it in Wanka’s chicken bones

Idiot ETF investors/traders keep following Einstein’s axiom of “doing the same thing over and over and expecting different results”. When the idiot investor/trader buys the ETF instead of buying the actual shares in the company(s) of interest, he is giving his money to the fox, who is the bank/ brokerage, and the bank/brokerage then uses the idiot’s money to manipulate the markets in any way they wish. DON’T YOU GET IT? All the ETF does is TRACK a sector of the market (like eg an index). They don’t have ANY obligation to buy anything within the sector or index they track. In fact, they can, if they wish, do the opposite of what the idiot investor does when he gives them his money. He buys and they can short or sell, thus nullifying his purchase. They can steer the markets in any direction they wish. They ARE the fox who has become the wolf and he is not only eating your porridge, he is eating YOU and all your assets. BUY THE REAL THING AND QUIT GIVING THE BANKS ETF YOUR MONEY TO CONTROL THE MARKETS!! STOP BEING THE IDIOT!

If the scum are selling into physical buying, then this fall did not trigger stops, as the scum kept on selling and now there may be only more buying under the mkt……the old game ain’t working.

Now the big question – to gather evidence or destroy evidence ?

U may be right on the Bonds…they need a hesitation minimum…but what’s driving PM’s ain’t in the US.

Plus this is options week…too many SM puts, PM calls in the money……

short, scary, violent reversals happen…they don’t last long…also Europe isn’t confirming the action here…but that is a. thin straw to grasp.

I knew something was up but I just didn’t know how they’d do it–so “tariffs” delayed” is  the. “alibi” today but it was decreed a few weeks ago that the gold rally had to. be. stopped…is this THEE END?? I DUNNO BUT. THIS. IS A SERIOUS. set back…meantime, I think bonds just topped today and rates will start creeping up—before the tariff announcement. they were saying on Bloomberg that the higher than expected CPI out today would have the FED thinking about  pause in September…I bought the TBF just now-I got 8 months on these calls…

Trump will come out and say he didn’t agree to delay the tariffs.

No argument from me. I can’t imagine how many g+s contracts the cretins are selling short today.

The afternoon will be interesting if we can make a comeback.

Oh I’m sure that’ll pan out. Hurray everything’s fixed.

Yeah a “delay” in tariffs for a few months is all they needed. Does look like some shorts may be taking advantage here though.

Volatility is pretty crazy right now. I know I’m dreaming but I’d love to see us come all the way back.