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

When I am dead , or it takes $100 to buy a Big Mac .

Quiet I am, but do you ever think we’ll get a $100 up day?

Don’t look now , but a certain metal is up $20 …

Hope no one notices

Exactly.

None of that G-7 crap means doodley squat.

Chuckle

R6 – Thanks for the feedback on the other sites. Makes sense, us diehards are always looking for the next shoe to drop. I saw what Trump said about “second thoughts”, he actually said he “always has second thoughts about decisions he makes”.

As far as good news though, it appears Trump did a trade deal with the Japanese Prime Minister where Japan would be buying a bunch of our farm products, soybeans, corns, etc. That’s good news. May not be too hairy tonight.

Captain – I suspect if the nukes flew the banksters would be headed to their bunkers. 🙂 Seriously though, when will they stop? I don’t know, but it almost seems like they have plenty of customers willing to play the short side and they are probably more than happy to let them absorb some losses?

Still waiting for that $100 day… 🙂

an opening. stock rally  with gold flat. to up or down a few bucks would give. traders a chance to initiatte or add to. PM positions…I know I’d. be. adding on some….but the. rally could. be brief…like dow futures. up 150 before the open…then in the. 1st 15 minutes only rising 90 or a 100 before rolling over. hard….

Trump Says He Regrets Escalating Trade War With China, White House Immediately Retracts

“I have second thoughts about everything.”

pm bulls, like other bulls are born in the pits of despair, when all hope is gone and sentiment is at its nadir.

so what else is new?

and all of them–plus. a lot. of gold pundits I won’t name–have very little exposure to PMs

Then. there are all the “too high RSIs/COTs” worrywarts…all are day.  dreaming about a big correction so that they can buy at the cheap prices they missed….but a dynamic bull market doesn’t work that. way….

Right again.

We would have had a $100 plus up day Friday if the bankers had not sold 30k futures contracts.

Don’t know what will make them stop that but we can always hope.

Gotta wonder what they will do if the nukes start flying.

How do they contain that shit?

Cheers

could be some serious fireworks, especially in the stock market futures and in the interest rate complex.

Things didn’t de-escalate with Trump and China over the weekend, if anything they escalated. Not sure if anything good will come from the G-7 communique, not sure what possibly could.

PPT has their hands full, going to need some positive headlines for the algo’s to help them out.

Thanks for the response.

You bring up a good point. There are so many other investment alternatives that are the latest “thing” it’s almost as if pm’s have gone up in the last couple of months unnoticed. Seems OK with me, maybe we’re just really early in the move. Which also probably explains the relative lack of movement yet in the shares.

I guess one of those $100 up days will garner some attention.

Your right and hope Trump can pull it off. As you know Romney a so call Repub outsourced to China made a sweat shop. China dangled the money in from of them and they came running. China is not our friend they consider us ” or politicians ” useful idiots to them destroy our country and then won’t need us anymore.
Then we have the UN working on breaching our sovereignty with the NWO. I heard they moved it up because they didn’t have enough time and Trump thew a monkey wrench in it for now to 2030. From agenda 21 or 2021 to 30 now. That means if Trump hopefully gets reelected they plan to do it in 6 years, from 2024-30.

European countries definitely protect their own industries .

I can related to the dexterity topic . My late wife needed a heart valve replacement , and the Korean surgeon who performed the operation was nicknamed ‘the human sewing machine ‘ , because his fingers were small and nimble . He could work through smaller incisions , and much more rapidly than his counterparts because of that dexterity .

I think you are right.

After the 85% crash in PM stocks since 2011, and the fact the group is older, it only makes sense we see less interest.

Once the sector heats up more on a sustained basis however, you will have the younger cannabis and bitcon speculators over here. And you will see more people interested in buying physical too once the market gets tight.

It’s coming.

Cheers

that will let CHINA sell below the LOCAL prices in their Country ,basically lower their own wages or export their jobs.

Ask the Europeans if they will take up the slack production from China,,,,name one ! China exports are gonna DIVE and unemployment will soar creating a Major problem with those 300 millions that left the countryside that used to grow food & RICE and went to the city to supply cheap manufacturing labor …,and now with food shortages on the horizon due to bad weather in the US who will sell cheap food to China ?  If those stupid Democrats gave Trump some support the US will BOOM…China does not have enough domestic demand to do it internally ,not enough middle class with high enough wages .Those with money take it OUT of CHINA  and now out of HONG KONG Billions leaving China ..money is prosperity fleeing China…..FOLLOW the Money to the USA  …..For those jobs that require good manual dexterity thats in short supply America dont have enough of them ,but theres Viet Nam ,Mayaysia ,Singapore …Dont expect DETROIT to have the dexterity that is required for fine work….I have a lot of experience with that from my Garment  business days….

I can tell just by looking at your handwriting and you signature on an application and tell if you have the dexterity to manufacture fine work…!   Asians have it ,Europeans have it especially Italians,Portugese,Polish based on my 25 year experience in the Garment business  ….China has large reserves that will carry them for awhile ,but will decline really fast without exports ….

Is it my imagination or has, despite the rally, interest in pm’s still been pretty subdued?

We are a small group here on the Oasis and most of us older, but I remember back around 01-02 when gold started to move, gold websites were rockin’ and rollin’.

I don’t go to any other sites like Gold-Eagle or whatever, but the level of excitement seems muted.

R6 – you are a web surfer and measure enthusiasm, am I off base?

The left use Trump as a crutch and side track off their own sins. Side tract on the subjects and becomes a right or left thing, a Trump thing. Can’t get anything done thing. No adults in the room finding solutions to problems just finger pointing, side tracking. Idiots lol Hope the right can keep focus but it isn’t easy.

Good article on Trump. While the left is screaming recession he’s working his bottom off. What is the left doing? Well you know the answer to that.

That was a great China article you posted. I have a ton of liberal friends they constantly attacked trump on social media. Quite honestly they’re ignorant dopes. I don’t even like trump that much but since all my friends keep putting it in my face, guess what I’m voting for him again. I love to see all these liberal wanks suffering in pain.

fridays close produced a bullish tic trin ratio……-873 tick 208 trin rhs in the dow apparent…. all gaps of a 3 gap play are filled…….

saturday midnite update more details from here

webcallone.com

on the dow chart draw a line connecting the 2 lows=feb and may=that line helps define a large expanding triangle the lower line is a possible target before the advance resumes

For many years China (and many other countries) has been taking advantage of the United States on Trade, Intellectual Property Theft, and much more.

Our Country has been losing HUNDREDS OF BILLIONS OF DOLLARS a year to China, with no end in sight.

Sadly, past Administrations have allowed China to get so far ahead of Fair and Balanced Trade that it has become a great burden to the American Taxpayer.

As President, I can no longer allow this to happen! In the spirit of achieving Fair Trade, we must Balance this very unfair Trading Relationship.

China should not have put new Tariffs on 75 BILLION DOLLARS of United States product (politically motivated!).

Starting on October 1st, the 250 BILLION DOLLARS of goods and products from China, currently being taxed at 25%, will be taxed at 30%. 

Additionally, the remaining 300 BILLION DOLLARS of goods and products from China, that was being taxed from September 1st at 10%, will now be taxed at 15%. Thank you for your attention to this matter!

….Sadly, past Administrations have allowed China to get so far ahead of Fair and Balanced Trade that it has become a great burden to the American Taxpayer. As President, I can no longer allow this to happen! In the spirit of achieving Fair Trade, we must Balance this very….

— Donald J. Trump (@realDonaldTrump) August 23, 2019

…Additionally, the remaining 300 BILLION DOLLARS of goods and products from China, that was being taxed from September 1st at 10%, will now be taxed at 15%. Thank you for your attention to this matter!

— Donald J. Trump (@realDonaldTrump) August 23, 2019

From Trump:

Our Country has lost, stupidly, Trillions of Dollars with China over many years. They have stolen our Intellectual Property at a rate of Hundreds of Billions of Dollars a year, & they want to continue. I won’t let that happen! We don’t need China and, frankly, would be far better off without them. 

The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP.

Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA. 

I will be responding to China’s Tariffs this afternoon. This is a GREAT opportunity for the United States.

Also, I am ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE, all deliveries of Fentanyl from China (or anywhere else!). Fentanyl kills 100,000 Americans a year. President Xi said this would stop – it didn’t. 

Our Economy, because of our gains in the last 2 1/2 years, is MUCH larger than that of China. We will keep it that way!

I concur with your assessment. All China did by imposing their tariffs was to piss Trump off. He was on a rampage yesterday.

Unless somehow the PPT springs into action Monday could be one for the ages.

I think the stock market will gap down Monday. I expect the foreign markets to be down significantly before the US opens. Trump announced higher tariffs after the close so unless he backtracks over the weekend, look for pm up and sm down on Monday.

rno