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

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

The hesitation shows disbelief, which is bullish.

Cheers

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

The HUI is holding near its high

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

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

What does that say about London.

Chuckle

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

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…

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

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…

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.

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.

considering gold is up $60.70 at 1706.80….and looks like it may be a 4th attempt valid breakout….it’s up 13.26 or 6.63%

Thought the shares were going to dump all day long but seems that they are being pretty resilient, fully expected them to rollover.

Hope this is finally the beginning of a big run. The shares have a long way to go.

We can’t have the little people getting involved in running things anymore. The smarter people have good jobs or businesses and can’t be bothered getting involved. But Trump was the first businessman I know of to push the “kids” aside and belly up.

We need more of those type patriotic smart successful volunteers to sacrifice their occupations and run for office for the greater good of the USA only. Put foreign policy on hold for 50 years, like the USA was on hold for 75 years.

The voters constantly have poor selection. Small time activists.  But the damn Media? They are the bottom line “leaders”. And we don’t even know who manages or leads them. So maybe the bottom line problem is the media itself. And we need smarter and more honest, and no more special interest activists (that don’t like Freon) involved in what the people are “taught”.

Let’s see if time above 1700 can be sustained longer than the life of a May Fly…but Sheeeeeet!!

I like the action and it’s better than a poke in the eye with a stick…and please. Jehovah, would it be too much to ask for you to dispense with the last hour blitkreig?

Yep why taxes are part of the problem. In California they tact’s on a gas tax for every gallon and more cost at the DMV.
The DMV also pays for police here so a double tax or triple as registration cost went way up. They’re using it for infrastructure so they say and from poor planning making it necessary to have a car and overpopulation from immigrants driving people farther out.
There was a repeal on the ballot people complained no one voted for but I think they were tricked from the wording to vote for it instead of against it.
I’m guessing they voted no thinking no for gas tax when yes supported the repeal not no didn’t support it. I think they worded it that way on purpose.
I think they should put it back on the ballot since it’s been raised and will continue to be.

I would say, mostly the Federal Reserve’s floating adjustable value monopoly money as the main problem. Because the states and everyone else has to constantly “adjust” in hap hazard ways. Not uniformly. There are no standards anymore. Like one week pay covering one month rent. Or 20% down on a loan.

We need a stable value currency, like in true capitalism, (1472 to 1913) so every person or business can adjust to a norm or find equilibrium. Like they say, re US Dollar, how can a carpenter do his work if the size of the standard 12 inch foot is always changing? The Treasury should be required to put a disclaimer message on the paper money…”This Note will lose value over time” but its even too late for that. Everybody figured that out, but now a possible deflation trend would raise the value of the dollar.

Lets say we had a scenario, where everything we buy and need prices were chopped in half. The banks and Gov’ts would HATE that. So if you had $100,000 in a bank account, and now you can buy TWICE as much stuff? Would TPTB let us getaway with that? Or would they deduct 50% from the $100,000 account? 🙂

Don’t forget about all the “invisible stealth taxes”. Like ethanol in gasoline ruining small engines. Google why ethanol is in gasoline. It kills gas mileage by at least 3%. Or the check engine light that goes on. The mechanics I know LOVE it. Way too many electrical parts to mal function. You need scanners, and even then they sometimes gave a wrong reading and you waste more money or tax.

The whole system needs to be restructured to a 20 hour work week. Plus other things. But its not my job, and I had nothing to do with all the nonsense.:)

Strictly as a layman. I think they need to get samples of that crap, and try spray various things on it, to see what kills it on contact.

Wouldn’t be ironic if all you had to do is breath in some lacquer thinner fumes?  Or Diesel Fumes behind a bus. 🙂 Or sniffing Glue? I remember watching a Forensic Files episode one night and where the wife puts small amounts of arsenic in her husbands soup, and it took a long time to kill him gradually.

After that I don’t worry about whats in the food so much. We are pretty indestructible. And now that I’m thinking about this. We used to burn coal to heat houses, none of the cars were burning clean exhausts. and we NEVER had to wear face masks.

That means the air around us is potentially dangerous to inhale, but NOT any of the other things. You have a problem with Smog? Move. It won’t kill ya.

No wonder the taxes are so high there when the private sector has to pay for the public. That’s a lot of working people in private sector to pay for just one cop. You can walk out of high school without a degree and be a cop. They used to pay them based on middle class wages.
The private sector is getting crunched by both Fed and State.
That’s the thing. They are getting bailed out at the expense of the private sector. They debase the dollar value, give themselves raises to compensate and all the private sector gets is a raise their taxes and cost of living. A bill.
Raising wages besides normal raises is taking it out on the private sector. This , like taxes is a job killer.
The government, banks, repo , politicians, Fed are the ones that need to be reformed.
If their giving themselves raises and profiting as the expense of the country then they can send everyone else a check instead of putting it on them for their mismanagement of other people’s money.

Everybody used to wipe their asses at work. Because of all the people that are laid off and home from work? Forty percent of the toilet paper supply was consumed at work. So now it gets used at home instead.

Schools various big businesses office complexes etc get the toilet paper in bulk and different packaging from different suppliers. Sometimes different size rolls etc and even different thinner paper and different mills than what goes to the super markets.

There was another later run, that was smacked back…but as u say the action is excellent, as we are going again…the smacks are being bought.

I would like to see GDX take out 27.50 then 32.00…then we can have an all clear for the shares to really run.

The General Nem is leading the charge it only needs another 1.50 to be free to attack the 2011 Hi of 70.00 plus….

I certainly hope you are right.

As long as we don’t start seeing that ‘Alice to da moon’ crap we could be alright.

Cheers

https://futures.tradingcharts.com/intraday/GCM20

But I like the action…instead of one 100 buck up day and done… maybe gold’s starting a “grinder”–like it used to do…15-25-35 bucks a day for  2 or 3 weeks

Easily the most opportune set-up for gold miners since 2001 with many times as much upside as 2009-2011 percentage-wise…