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

Nothing ever changes.

Asia was down only a half to one percent and europe is barely down…

https://www.marketwatch.com/investing/index/gdow

Are share investors starting to ignore the futures action?

I guess we’ll have to see whether pm’s – especially gold – has worked off enough of the overbought situation to hold the pre-market gains we’re seeing this am.

Ten Yr. rates up a few ticks to 1.36%, so maybe the SM rallies today?

If we see a couple more 1K point down days in a row, gotta wonder when the Fed will step in a cut rates or try to do something.

French Gold
https://railpictures.net/photo/722291/

…creeping back in after hours.  is 18 bucks the new floor for silver??

I like your and captain hooks post too.
In all fairness he didn’t say anything that wasn’t true about the market.He wasn’t taking doom gloom gold ha ha like coin guy.

I read a post by Armstrong today. He said that people are side tracked with the Corona Virus and we know they cite it as reason for market going down. While they fail to look at international politics.
Bernie for instance. He said “speculating” money that came here for safety with Trump and these up coming election internationals are worried and might hold back until elections are over.

Breathtaking, if verifiable… https://t.co/CcRZmMWno7

— James Woods (@RealJamesWoods) February 25, 2020

I’ve always liked both your posts and felt they were helpful and informative. Hope you’ll both keep them coming. All the Best from Silverngold.

Supposedly, oil consumption was going to consume more than production.

part:

In 2005, Matt Simmons wrote a book called Twilight in the Desert. In it, he summarized what he learned about Saudi Arabian oil production by reading 200 academic papers. He concluded from his analysis that the oil extraction techniques being used there were techniques that one might use if the fields were quite depleted.

Because of this, he doubted that we should believe stories that Saudi oil production can be greatly expanded. Instead, he raised the possibility that in the not too distant future, Saudi oil production will suddenly decline. Matt’s research underlying the book was no doubt behind his concern that oil reserves and oil production rates are not audited.

Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy is a book by American investment banker Matthew Simmons. The text was initially published on June 10, 2005 by John Wiley & Sons. Wikipedia

Book Review, part:

Simmons has searched through hundreds of obscure SPE documents (Society of Petroleum Engineers) and found the paper trail that suggests the Saudi Oil Miracle may be entering its senescence, taking with it the capacity to produce more oil on demand.

https://www.fool.com/investing/high-growth/2006/10/18/book-review-quottwilight-in-the-desertquot.aspx

You might of had a bad day but get real.

I try to help people not inappropriately demonize them.

Again, many don’t like reality if it doesn’t fit with their view of the world.

Cheers

I’m guessing most don’t like you because you’re arrogant and like to wallow in the misery of others.

Is your other handle “TheCoinGuy” because you’re exactly like him.

It took a long time and experience to learn what matters writing a blog for 13 years.

Most don’t like what I have to say often because it’s based on reality.

I am used to that.

Cheers

You’re the smartest guy in the room. Don’t break your arm patting yourself on the back.

I don’t like it because it’s more of the same. I’m still up 30% YTD but don’t plan on giving it back.

Don’t address anymore posts to me. Understand?

Funny, though, the HUI was barely down….now it’s down 4.43 or 1.74%…

https://finance.yahoo.com/quote/%5EHUI?ltr=1

Right now  everyone is looking just at stock mkt losses…no one’s thinking about all the heavily indebted Zombie and non-Zombie companies…municipalities–state governments…banks…the zillions of $s in derivative exposure by the banks….O, but why worry….just a few keystrokes from the FED….

They’re trying to shut off anywhere to hide……which is when u think about it, is just outrageous, as they are useing peoples own money to screw them.

This will not end well…..

You don’t like it because like I have been saying — liquidity does matter.

The CDNX broke down today and looks to be heading to a new low.

This will play especially hard on the juniors, but I don’t think it’s good for the larger stocks either.

Wow, some big reversals / losses today.

Geezo

We know that there is no semblance of an honest market or any regulation when it come to the banksters. They exist to keep the game going and fleece anyone who plays against the game.

Unfortunately, and I really hope it’s not, but this is starting to look a bit like 2009, where we saw metals and shares go down with the SM.

It’s still early but I don’t like the way the juniors and silver are acting at all.

bernie supporters flee to cuba!!

https://babylonbee.com/news/bernie-sanders-cobbles-together-makeshift-raft-to-sail-over-and-experience-cubas-world-class-medical-care?fbclid=IwAR1B6Kt1_6QiuIEriN2iSn4CrIKKvQDs5S89O_jmH2KX6Ui1sW-N9shZ_ok

Was talking to an old friend of many years in mkts….we both agreed that in the old days when the mkts had a semblance of being properly run, if the Vols and OI were a fraction of what we see today, the CFTC would be all over them……that they aren’t screams governments are involved.