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

R640

Posted by Maddog @ 23:45 on April 6, 2020  

If so, that means that big money guys “want in” and they are not firghtened by the high margin requirements of the comexx..or so the theory goes…we’ll see by morning…

Au and especially Ag are so cheap that margin trading is not needed, plus lots of people are used to the ETF’s, where u pay 100 % …..and this move has left most behind, so there are few longs to puke…..that said the scum are defending June $ 1700

Dave Rosenberg

Posted by Richard640 @ 23:27 on April 6, 2020  
I was so close to turning more bullish (less bearish?) until I see this metric was released by the New York Fed on consumer expectations. Since when do bear markets end on record optimism?

Image

Image

FYI

Posted by Richard640 @ 22:43 on April 6, 2020  

Reverse Head & Shoulders Pattern On Gold
Points To A Massive Rally

The Big Surprise
Nevertheless, though incomplete the pattern now being formed is communicating a clear message. Gold is forming a huge base of accumulation, and bases like these result in higher prices, which signals the
 margin liquidation in the gold market has ended. Looks like it should only be days before gold hurdles $1700. But the big surprise for investors will be that when this happens the gold market will see new record highs above $1910 very quickly…

I’m getting noivus…gold is 1715 down from 1742…it’s easy to F with gold in the thin night session…

Posted by Richard640 @ 22:27 on April 6, 2020  

It’s still up 21.50…that’s nothing to sneeze at

The “alibi”–

Posted by Richard640 @ 20:22 on April 6, 2020  

Gold Futures Extend Gains To 8 Year Highs After Pelosi’s Trillion-Dollar Promise

Maddog–I don’t want to be smug but the attacks from the cartel will be bought-we saw it with the

Posted by Richard640 @ 20:13 on April 6, 2020  

last 1/2 hour blitz today…buying flooded in an ran it right back up…comex gold is $13 off the high…but what is so important is that 1700 is, IMO, a confirmed triple top break out–gold as I write is 1729.50….if gold were only 1702 I’d be nervous that w’d see 1670 by morning…so it looks like we have

RECOGNITION TIME

If so, that means that big money guys “want in” and they are not firghtened by the high margin requirements of the comexx..or so the theory goes…we’ll see by morning…

from not being able to see how gol could possibly escape the chains of the cartel…I now find it difficult to imagine gold being massacred over night and selling for 1650 or 70…

wild action in Gold

Posted by Maddog @ 19:37 on April 6, 2020  

The scum are smacking London back, its $ 18 off the 1685 Hi…but Crimex is only 6 off the 1737 Hi….June is now $65 premium to london Spot…..out $ 35 since Ny closed !!!!!!

Captain Hook

Posted by Maddog @ 18:59 on April 6, 2020  

i have no idea what is going on……but it is epic…..Crimex June is trading a premium out to Dec 2021……

IMPACT Silver Announces Full Year 2019 Financial & Production Results

Posted by ipso facto @ 18:46 on April 6, 2020  

https://finance.yahoo.com/news/impact-silver-announces-full-2019-183800235.html

Inverse head and shoulders? I hope it holds above 1700…

Posted by Richard640 @ 17:51 on April 6, 2020  

Maya

Posted by goldielocks @ 17:49 on April 6, 2020  

Good one lol
Learned in a bad earthquake TP is non barter-able less to close friends or family.

Deer 79

Posted by goldielocks @ 17:16 on April 6, 2020  

Gold 1707.7 woo hoo and hope not but could dip in second week. We’ll see. Everything still choppy and news reactive. News with the virus can only be hypothetical right now subject to change until there is a clearer direction.

Stay at Home

Posted by Maya @ 17:13 on April 6, 2020  

I STILL HAVEN’T DECIDED WHERE TO GO FOR EASTER
THE LIVING ROOM OR THE BEDROOM.

FIRST TIME IN HUMAN HISTORY
WE CAN SAVE THE HUMAN RACE
BY LAYING IN FRONT OF THE TV
AND DOING NOTHING
LET’S NOT SCREW THIS UP

WANT TO FIND OUT WHO YOUR REAL FRIENDS ARE
ASK THEM TO BORROW A ROLL OF TOILET PAPER

 

Where is Gold priced?

Posted by deer79 @ 16:16 on April 6, 2020  

Several stories have stated that Gold breached $1700 today. I never saw it get above $1662?

WHOA!!! A very bullish close-I’ll give ya a fer instance–they took my JNUG from 5.20 to 4.75

Posted by Richard640 @ 16:08 on April 6, 2020  

Then the last 2-3 minutes a mini buying panic started and they brought it back to 5.10…wild action–

4:09-gold is 1809.80

Richard640 @ 16:00

Posted by Captain Hook @ 16:05 on April 6, 2020  

The hesitation shows disbelief, which is bullish.

Cheers

Maddog–thanks–that’s good news…we lot a sell barrage here the last 15 minutes–no surprise

Posted by Richard640 @ 16:00 on April 6, 2020  

but I don’t think it will be fatal…gold is 1706

The HUI is holding near its high

Here comes the standard late hit on GDX/Hui…scum never change

Posted by Maddog @ 15:52 on April 6, 2020  

plus the ramp of the SM….S&P jumps 30 pts like Dow plus 300….

Maddog @ 15:38

Posted by Captain Hook @ 15:51 on April 6, 2020  

Ya and that’s with Comex having no deliverable gold.

What does that say about London.

Chuckle

Kunstler has a way with words LOL

Posted by ipso facto @ 15:48 on April 6, 2020  

Of course, then, there is Joe Biden, the implausible nominee-presumptive of the opposition. Who are they kidding with this emperor’s new clothes scam? It’s obvious now to anyone over twelve in this land that Joe Biden is missing a few transistors on the old motherboard – not to mention the slime-trail of grift and money-laundering that he laid down in his adventures abroad as vice-president

https://www.zerohedge.com/markets/kunstler-understand-ponzi-schemes-dont-bounce-back

R640

Posted by Maddog @ 15:38 on April 6, 2020  

The shares are being held back…as per….but the spread Crimex over London is roaring out…..London June is out to $ 45 from 20 last week….someone is squeezing crimex…big time…

I have lost my Apr real time pricing….but on a delay Apr is $ 18 under June…so Crimex is at least a $23 premium to london….for delivery…

Mr Copper–great post!! The fundamentals for gold are off the chart in number…let’s

Posted by Richard640 @ 15:28 on April 6, 2020  

see if the cartel gets carried out on a stretcher, finally

Buygold–also we got what looks like a legit triple top breakout…but why do i feel this spectacular

Posted by Richard640 @ 15:24 on April 6, 2020  

day is tentative…well, that’s th negativ conditioning we all fall victim to…and that’s why a true new bull move launches with very few on board…I dunno if this is the real McCoy but that’s why I held my nose and bought on Friday and why I am going to give this move everybenefit of the doubt…I’ve been left at the station with my thumb in my rear end a few times before and vowed it wouldn’t happen again…

Mr Copper

Posted by goldielocks @ 15:11 on April 6, 2020  

Agreed, especially the poor selection and small time activists and media. Media behind the scenes intermarried with politics.
Armstrong made mention of that once. He said there are qualified people out there like Trump but they won’t touch it for the same reason in short the pack of demi dogs are chasing Trump now. Not worth the headache.

@Richie re Your “the slime is trying to hold back the shares/HUI”

Posted by Mr.Copper @ 15:04 on April 6, 2020  

I think TPTB and their special interests media know for a long time now they are “losin it”. I would not want to be in their shoes. Big responsibility. They must be scared stiff. They think they know better than the general population. Plus they are stubborn and must have too much pride, and I have NEVER heard the Gov’t or Media ever admit they make a mistake, of which there were many.

When you work in a machine shop or sheet metal shop, and you make a big mistake you can’t lose your temper, stay calm, and you have to tell the boss BEFORE the things get shipped to the customer, get inspected, get rejected, and returned. You have to be a MAN about it.

If you get fired? So be it. A couple of times I saw someone get fired on the spot. One guy bent up 7,000 swimming pool parts backwards. 🙂 Another beginner stamping a part number on thin parts, decided to stamp the number on his thicker “hobby” piece, and busted the entire casting of power press.  Totaled it. Gone in a NY minute. 🙂

I’m going out now.

parts:

“Elton John was right because for some, sorry does seem to be the hardest word. They say it takes a big person to admit to their mistakes, but for some people, saying they’re wrong feels impossible. Be it your partner, your boss or, god forbid, your in-laws, dealing with somebody who, even when faced with overwhelming evidence of a bungle, just can’t cop blame can be frustrating.

For some conceding that they’re fallible can evoke a deep psychological anxiety regarding “the risks or the consequences associated with loss or failure,” says Dr Sharp.“I think the reason some can’t apologise isn’t actually because they don’t like to be wrong, but because it’s seen as an inherent character fault,” he explains.

Dr Sharp says, for non-apologists the irrational need to be always “perfect” rules their ego and they feel their fuck ups are unforgivable. “The difficulty in admitting failure largely comes from the unrealistic expectation that I should get it right all the time,” he says.

Older Posts »
Go to Top

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