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

Is this the day that the scum screw it all up.

Posted by Maddog @ 10:47 on January 28, 2020  

Real Mkts have a natural rythm, they inhale and exhale, go up and down etc….the scum have virtually abolished that in the SM, but there are times like this when a mkt should at least show caution, especially after a huge run up.

To ram the SM straight back up, is liable to make sensible people say the mkt has gone insane and get out.

TSLA – The most heavily shorted stock in the market

Posted by Buygold @ 9:49 on January 28, 2020  

and they keep pouring gasoline on that fire.

Someday though, the shorts will give up and that pig will drop like a rock.

R640

Posted by amals @ 9:45 on January 28, 2020  

Got it.  Thanks.

Scenes from Wuhan

Posted by ipso facto @ 9:33 on January 28, 2020  

https://www.bitchute.com/video/mYGuHRlVYPd5/

I read yesterday that 5 million people already had left the city when the quarantine was put into place.

Supermarkets looking pretty sparse.

R640

Posted by Maddog @ 9:30 on January 28, 2020  

I’m not sure they can turn this one yet, as we have not had enough time to see how swrious this is…ie it it a Sars non event or a real pandemic.

We are probably looking at idiot Algo’s just following No’s….events could well smack it all apart.

Captain, R640

Posted by Buygold @ 9:30 on January 28, 2020  

Captain – yep, and some sage advice I didn’t learn early on. The shares are meant to be traded – not held, unless maybe they’re a royalty company. RGLD has held it’s own over the years and a few others, but not much else.

R640 – yeah, can probably put that trade back on if the DOW shoots up a couple hundred if you think there’s a lot of downside left. Probably will be a chop down instead of a death drop. JMHO

I see they’re crushing silver this am, but the silver shares aren’t down too much pre-market. Maybe the took the brunt of the move yesterday.

Maddog==thanks for the TSLA info

Posted by Richard640 @ 9:24 on January 28, 2020  

“As a dog returns to his vomit, so a fool repeats his folly” is an aphorism which appears in the Book of Proverbs in the Bible

The fact that they bought back TSLA yesterday and that it’s up $11 pre-mkt  indicates that bullish sentiment was unfazed by the correction of the past few days

Wallbridge Intersects High-Grade Gold Veins up to 800 Metres Northwest of Fenelon’s Known Footprint

Posted by ipso facto @ 9:24 on January 28, 2020  

https://finance.yahoo.com/news/wallbridge-intersects-high-grade-gold-233400577.html

Buygold-as u have said and I agree when a trade gives ya an 8 and nine bagger almost immediately its prudent

Posted by Richard640 @ 9:06 on January 28, 2020  

to take the gift especially if ya only got 4 days left…I dumped them all yesterday…I still think this correction has a long way to go–but i’ll probably just buy VXX outright–the “free” options are gone…the premiums are all bloated

 

Morning Buygold

Posted by Maddog @ 8:48 on January 28, 2020  

I thought they had found a cure….anyway Tesla closed just off the Hi ystdy as they couldn’t resist such a bargain.

Rumour was that Musk was gonna announce a self driving electric hearse, with a ‘built in incinerator’, it drives into the nearest wall and blows up, so saving a crematorium fee.

Buygold @ 6:57

Posted by Captain Hook @ 8:26 on January 28, 2020  

Unfortunately there are too many in this game that “don’t know”.

This is why it will end badly for most.

Buy physical and hang on for the long term.

Any money in the shares should only be play / risk money.

One day you could lose access to that money — even (especially?) if we continue to accelerate towards hyperinflation.

Have a nice day.

Scum working on a waterfall

Posted by Buygold @ 7:21 on January 28, 2020  

because no matter what, gold is the most important asset on the planet and it must be kept in check.

Morning Captain

Posted by Buygold @ 6:57 on January 28, 2020  

2000 was a little before me in the shares, I got in circa 02′ but remember 08′ oh too well.

I do understand the liquidity argument, although I’m not sure how much liquidity the shares have to offer this time around. If I remember correctly, in the 08-09′ debacle the HUI was upwards of 600 when it crashed with everything else. Seems to me the liquidity would be found in GLD and to a lesser extent SLV. I don’t know.

Course, we’ve only had one down day in the SM, and on a % basis it wasn’t more than a blip. I guess we’ll see what happens going forward but yesterday was pretty disappointing to say the least for a sector that wasn’t close to overbought.

Posted by goldielocks @ 6:23 on January 28, 2020  

Poor Hillary doesn’t like Face Book posters because it doesn’t reflect her point of view.

Amals–For taste plus I can think of no therapeutic value it has-so why add a

Posted by Richard640 @ 5:41 on January 28, 2020  

toxic substance to ones body while trying to heal?

Maya

Posted by goldielocks @ 5:25 on January 28, 2020  

PS That reminds me when I though of something primitive In case instrument failed. To paste a small leveler they use in mason construction to level things. Paste on at 12 o’clock to 6. Paste one at 9 o’clock to 3.
Besides flying blind your body can be fooled on which way your going. That way you can see the levelers and will tell you if your going up, down, left or right.
When flying in bad weather as a passenger I’d use a glass of water and see which way it was going for boredom therapy.

Forgot to mention they have there new tech glasses for helicopter pilots that allow them to see the terrain through fog so they can see clearly in low or no visibility. Not sure how they work not a tech person.
The news seems contrary to the witness that actually saw it go down. Wasn’t there just what they say they saw and heard.

Maya

Posted by goldielocks @ 5:06 on January 28, 2020  

That sounds plausible. I do suspect the warning caused him to react but either way with flying blind it was likely he would of hit a mountain side. Something was wrong because more than one person said something was wrong with the sound as described as sputtering drawing attention it and one saw it going down then heard a crunch. Another said heard a loud bam or something.
I’m guessing Koby wanted to get there for a game with the girls and didn’t heed warnings if they were warned. In poor weather like that the path they took should of been checked first. Even way north of it, it was really foggy that day.
I know a helicopter crew chief who moved a bit away now who was in both Nam and Germany. The officers knew how quickly things can go wrong in copters so why he was in Germany he got drinking privileges as long as he was sober when they needed to get somewhere.

The pilot you mentioned was right. Celebrity’s have died by taking chances under pressure to get somewhere.
I started to learn to fly Cessna’s at 18 but that’s another story. It was fun.

Goldi

Posted by Maya @ 3:07 on January 28, 2020  

Yeah, it was poor pilot judgement to fly in difficult weather like that.  But like I said… ‘get there’ pressure flying a celebrity entourage.  One speculation I read was that he may have panicked at the last minute and pulled up sharply in altitude.  Such a condition can cause the rotor wings to ‘stall’ or lose lift.  The chopper then noses downward.  Not a problem if you are high enough to recover.  If you are close to the ground, it is fatal.  And yes, I believe he was going way too fast for the limited visibility conditions.

I learned to fly in my 20’s back in Wisconsin.  I was a nut about safety and read so many accident reports to learn what could go wrong.  There were lots of things wrong about that flight and weather… it was not a series of ‘safe’ decisions.  I knew a pilot who flew a small plane for a Brewery company back in WI.  He refused to fly the corporate bosses home one night with freezing rain and known icing conditions.  They were pissed, and fired him on the spot.  He just shrugged it off.  “That’s what I get for saving all of our lives… and they don’t even know it!”

Maya

Posted by goldielocks @ 2:46 on January 28, 2020  

The whole thing doesn’t make any sense to me. If it was only visual why was he flying with something like only 90 Ft visibility at those speeds in hilly terrain. Now he has to fly under the clouds and can’t rely on radar at those low levels plus mountain like hilly terrain ahead of them. Witnesses saw the copter drop down fast not run into something so to speak except the ground. He either lost control or couldn’t see where he was going till it was too late. They said the propellers were sputtering and didn’t sound right just before the crash. Sad and there was two kids in there.

Gold Train

Posted by Maya @ 2:45 on January 28, 2020  

rrflasher-copy

Narrow gauge Rocky Mountain railroading
the way it used to be.
https://railpictures.net/photo/719838/

 

goldielocks @ 1:58

Posted by Maya @ 2:30 on January 28, 2020  

It was not a Piper, but a Sikorsky 76B twinjet helicopter.  He was flying under VFR… Visual Flight Rules… that require the pilot to see where he is going, maintain ground visibility, and NOT fly into a cloud.  He was trying to maintain radar contact for flight tracking, but in low cloud ceiling conditions he was required to fly under the clouds and got lower and lower.  Air Traffic control told him he was too low to maintain radar contact with him.  Looking at the flight track and altitude readouts that they DO have, it looks like he got into a low altitude flying into a cloud shrouded canyon.  He might have realized he was going to fly into a low cloud and so started a left turn to turn around and fly back… a 180 degree turnaround.  As he was turning… obviously in fog or a cloud… he flew into the hillside.  Last speed readout was 125 mph.

My Japanese friend told me about this.

Posted by goldielocks @ 2:02 on January 28, 2020  

She said there using HIV medicine to treat the virus with good results.
I told her this make sense because the virus works the same talking over the cell as the Coronavirus except it infiltrates the immune system where corona infects the lungs.
https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-01-26/china-names-abbvie-s-hiv-drugs-in-treatment-plan-for-new-virus

Maya

Posted by goldielocks @ 1:58 on January 28, 2020  

It happened right after the piper was told he was flying too low. Why wasn’t he watching his instruments and shouldn’t of been flying that day. I wonder if something went wrong when he changed directions right after and went out of control. Witnesses said it sounded like it was sputtering and one said it looked like it was trying to land and didn’t sound right was flying too low.

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