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

“Stocks and Gold up together” that may be what they are paying for but I’m not sure that’s what they’ll get.

Bonds, at least to me, indicate that something very nasty is on the way. Yields are approaching 2009 levels, that can’t be good, can it?

Gold up $21 at $1506, the fed is screwed now. They would have to raise rates to stop it. And trump wants lower rates. The Fed is boxed in.

That’s what the FED and Wall St. are preying for…

So all roads lead to gold?? TINA??  stocks up or down…gold goe up!?

I say sit tight and be right…trust but verify as ole Ronald Reagan used to say, G*d rest his soul…he grew. up 20  miles from my home town=Peoria Il.–His down was a sleepy little slice of paradise, Eureka Il…out in the midst of corn fields…hence my  kinship with him…

Silver breaking out? Check

Gold spot approaching $1500? Check

Still waiting for the shares to really go nutz but I think that’s coming, maybe even today.

Ten yr. down to 1.63% – yikes, pricing in something very wicked.

The Amtrak silver bullet flies thru New Jersey.
https://railpictures.net/photo/703420/

Let’s see what morning brings

Re PM Real estate values……. Imagine how valuable the miners could get in a negative interest rate world, if their Divi’s really take off, tks to rising metal prices!!!!!

Silver is a Stallion!

DOW….DOLLAR…VIX    todays fake moves like theDonald sez….

HOW EVER   Newmont and EURO  are     turning up !

Eventually, many producers will be reporting bigger profits. Also the reserves in the ground are gaining value, making even their real estate worth more.

If my guess is right then the shares will play catch up at some point, as the demand is for physical Au. At the moment the mkt is caught by surprise and no-one saw this coming, or has woken to it, as our MSM will not go near PM’s.

For the most part the juniors don’t seem to be running yet. Perhaps later in the year when drilling results start to come in. It’s my impression that the intermediate size producers are doing the best … for now.

It’s hard to beat the royalty companies.

Silver better explode past $16.50 soon or my head’s gonna explode! 🙂

Today was a mystery. I think some was profit taking (loss lessening?) from nervous bugs.

Looking for suggestions (not “advice”, of course).
If you had a couple of thousand bucks in a retirement account to invest, what are your 2-3 favorite stocks/ETFs right now?

Not really sure why we had the underwhelming performance in the shares today. Does it mean the metals get hit tomorrow?

Still hopeful we hit $1500 this week.

I have to think if silver busts $16.50 with authority the shares are going to explode.

Derail: Traffic Declines Across US Railroads Signals Broad Industrial Slowdown

New data from the Association of American Railroads (AAR) reported US Class I rail traffic for the week ended July 27, of 534,498 carloads and intermodal containers, down 4.4% compared with the same week last year, reported Railway Age.

The slowdown in rail traffic is the result of a broad-based industrial downturn that is hitting American manufacturers, originating from Asia and Europe as a global synchronized structural decline. Trade disputes between the US and China have accelerated the downturn on almost every continent, sending world trade volumes lower.

Total carloads for the week were 261,706 carloads, declined 3.5% YoY, while US weekly intermodal container volume was 272,792 for the week, slipped 5.3% YoY.

https://www.zerohedge.com/news/2019-08-03/derail-traffic-declines-across-us-railroads-signals-broad-industrial-slowdown

NEM has been under the cosh relative to GDX since March and that is accelerating as of the last two months.

Yep. I don’t know about the short covering but their letting it up a little on a short leash.

No doubt these shares have some catching up to do, hopefully they will.

600 HUI is a long ways away and represents some serious gains if we can hang in there.

Yup today they short cover some NEM……or some do, as if they ever really covered, it would be over 100 and going !!!!!!

Because it was a real trade

I own two and both are making new HIGHS everyday  !  it beats the volatility of the stocks !    for those that dont want to watch every day  …TGLDX and GOLDX  are doing fine by me  ! happy to own them  !

I dont recommend Vanguards Gold Fund ..they have conflicts of interest ..

that all they have to do is suppress the VIX  to stop a run on the S&P  ….

TIP off their Banker friends on when they plan on a vix action and viola  ! bank profits !

The FED represents and are the BANKS caretakers  and then they make “stock market”  decisions ..a CLEAR conflict of interest..!

thanks for the link, it’s good for anything but the 5 day chart, which shows the corrupted data.