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

FIBONACCI PRICE AMPLITUDE ARCS PREDICT BIG GOLD BREAKOUT

Posted by Richard640 @ 18:51 on April 25, 2020  

DAILY GOLD CHART
FIB ARCS & TESLA PRICE AMPLITUDE ARCS 

This Daily Gold chart highlights our proprietary Fibonacci/Tesla Price Amplitude Arcs and our Adaptive Fibonacci Price Modeling system.  Although the chart may be a bit complicated to understand, pay attention to the GREEN ARC with the MAGENTA HIGHLIGHT near current price levels.  This is a key price resistance arc that is about to be broken/breached.  Once this level is breached with a new upside price advance, the $2100 price level becomes the immediate upside price target.

These Fibonacci Price Amplitude Arcs have become a very valuable tool for our researchers.  They act as price resistance/support bubbles/arcs.  When they align with price activity as price advances or declines, they provide very clear future price targets and levels where the price will run into resistance/support.  Currently, the Price Amplitude Arc is suggesting that once Gold rallies above $1775, the next leg higher should target the $2000 price level, then briefly stall before rallying to levels above $2100.

WEEKLY GOLD CHART 

This Weekly Gold chart highlighting the longer-term price picture paints a very clear picture for Gold traders.  Once $1775 has been reached and the Magenta level has been broken, Gold should rally very quickly to levels above $2000, then target levels above $2100 within a few more weeks.

https://www.thetechnicaltraders.com/fibonacci-price-amplitude-arcs-predict-big-gold-breakout/

Report from the Petri Dish islands

Posted by Maya @ 18:36 on April 25, 2020  

HAWAII VIRUS STATS FROM HDOH:

Total cases: 604 (3 newly reported)
Hawai’i County: 69
Honolulu County: 395
Kaua’i County: 21
Maui County: 112
Pending: 0
Residents diagnosed outside of Hawai‘i: 7
Required Hospitalization: 68
Hawaii deaths: 14
Released from Isolation: 482
Cumulative totals as of 12:00pm, April 25, 2020

Three new in Honolulu, neighbor islands stable.  One resident diagnosed out of State.  One new death.

 

Arrested For Being At The Beach

Posted by commish @ 16:29 on April 25, 2020  

ewet2_dvaaa5whx

Quote from Trump about “Miracle “end to covid

Posted by newtogold @ 13:17 on April 25, 2020  
Donald J. Trump
@realDonaldTrump
The Do Nothing Democrats are spending much of their money on Fake Ads. I never said that the CoronaVirus is a “Hoax”, I said that the Democrats, and the way they lied about it, are a Hoax. Also, it did start with “one person from China”, and then grew, & will be a “Miracle” end!
Could this be a reference to MMS and his comments about internal “disinfectants”? Wouldn’t that be a hoot!!!

From T Ferguson=GDX finally breaking out and closing above $32 for the first time in over seven years!

Posted by Richard640 @ 12:22 on April 25, 2020  

It was a terrific end to the week with the =Add this chart breakout to the stew of excellent earnings and increasing dividends and you have a delicious recipe for even higher prices in the weeks ahead.

With a grain of salt

Posted by ipso facto @ 12:22 on April 25, 2020  

Japanese media reports N. Korea’s Kim Jong Un in vegetative state

https://www.taiwannews.com.tw/en/news/3922763

The FEDs “magic books”

Posted by Richard640 @ 12:14 on April 25, 2020  

There is a great illusion at work here.   The Federal Reserve does not function in reality.   The primary purpose of the Federal Reserve is and always was to keep the real powers-that-be in power.   The Fed banksters are able to create and destroy money at will with no consequences whatsoever.   None.   

 
For instance, the Federal Reserve could absorb the entire US National Debt onto its imaginary books and then re-issue new dollars if they choose.   This is precisley what happened in 2008.   The Fed absorbed $14.7 trillion dollars of bad debt onto the magic books and then lent shiploads of cash to “banks too big to fail” at near zero interest rates.  Where did that $14.7 trillion dollars go?  The bad debt went into thin air …. the same place the Fed’s magic money is gotten!   The actions of the US Treasury and the Federal Reserve do not obey the rules of reality.   The 
 
Federal Reserve was created to be an institution of power above logic and the law.   The rest of us are stuck living in economic reality checked by supply and demand, consumer confidence, the law of diminishing returns, etc.  To us, money is a symbol of value albeit based on nothing but hope the system does not fail. 

Michael Oliver says you will see NO offer on gold

Posted by overton @ 12:07 on April 25, 2020  

Michael Oliver

The plot grows thicker

Posted by goldielocks @ 6:24 on April 25, 2020  

Dr Fauci had a promising Doctor fired and jailed for finding a link between vaccines and chronic illnesses.

https://www.google.com/amp/s/www.u-s-news.com/politics-sweet-innocent-dr-fauci-had-an-assistant-doctor-fired-and-jailed-in-2011-for-warning-that-vaccines-were-giving-americans-known-chronic-diseases/amp/

credit Bubble Bulletin–4-25–Weekly Commentary: Fault Lines Now on a weekly basis, we’re witnessing things that couldn’t happen – actually happen.

Posted by Richard640 @ 5:35 on April 25, 2020  

Saturday, April 25, 2020

Weekly Commentary: Fault Lines

Now on a weekly basis, we’re witnessing things that couldn’t happen – actually happen.

April 20 – Bloomberg (Catherine Ngai, Olivia Raimonde, and Alex Longley): “Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s collapse in a key segment of U.S. oil trading. The price on the futures contract for West Texas crude that is due to expire Tuesday fell into negative territory — minus $37.63 a barrel.”

For posterity, the latest numbers on U.S. monetary inflation: Federal Reserve Assets expanded $205 billion last week to a record $6.573 TN. Fed Assets surged $2.307 TN, or 56%, in just seven weeks. Asset were up $2.645 TN over the past 33 weeks. M2 “money” supply surged $125bn last week to a record $16.870 TN, with an unprecedented seven-week expansion of $1.362 TN. M2 inflated $2.329 TN, or 16.0%, over the past year. Institutional Money Fund Assets (not included in M2) jumped $123 billion last week. Over seven weeks, Institutional Money Funds were up $845 billion. Combined, M2 and Institutional Money Funds jumped a staggering $2.207 TN over seven weeks ($100bn less than the growth of Fed Assets).

It’s increasingly clear this pandemic is striking powerful blows at the most fragile Fault Lines

 
http://creditbubblebulletin.blogspot.com/2020/04/weekly-commentary-fault-lines.html

US financial giant Bank of America in a widely quoted note entitled ” The Fed can’t print gold.”

Posted by Richard640 @ 5:21 on April 25, 2020  

The collapse in energy demand – also put at 10% by analysts Rystad Energy – signals economic depression, reckons Mike McGlone, senior commodity strategist at Bloomberg Intelligence, and that suggests “unlimited upside [for gold prices] because central banks have unlimited firepower” to try and fight the recession.

“As economic output contracts sharply, fiscal outlays surge, and central bank balance sheets double, fiat currencies could come under pressure,” agrees US financial giant Bank of America in a widely quoted note entitled ” The Fed can’t print gold.”

“Give some kudos to Bank of America for coming up with such a catchy headline,” says one London bullion desk in a note to client. “They see gold at $3,000 in 18 months and…I can agree broadly with their line of thinking as we are entering a new era of financial largesse worldwide.

“The need for long-term capital preservation will be acute.”

A top infectious disease doctor==latest study shows a 98.7 cure rate on more than a 1,000 patients in France.

Posted by Richard640 @ 5:09 on April 25, 2020  

Bankruptcy & Inflation Begin, Record Unemployment, MSM Virus Treatment Lies

By Greg HunterOn April 24, 2020 

The Trump hating mainstream media (MSM) is out with another lie about the top Covid 19 treatment hydroxychloroquine (HCQ). The MSM is quoting a “survey” that says HCQ does not work on the virus. This is a total bold face lie, and all of the MSM ran with it. A top infectious disease doctor calls this “scientific misconduct.” His latest study shows a 98.7 cure rate on more than a 1,000 patients in France. He recommends to give it early in the disease. Thousands of doctors are now using it because it works, and the FDA has already cleared it for use in Covid cases weeks ago.

I’ve long said we would be seeing deflation (bankruptcy) and inflation (stimulus) before it was all over. It’s not going to be one or the other but both financial phenomenon at the same time. That is exactly what is happening now. Majority Leader of the Senate Mitch McConnell is saying indebted states should go bankrupt, and the President just signed yet another half trillion dollar stimulus package created from money out of thin air. That’s debt destruction and massive money creation. What could go wrong? It’s far from over, and we are just getting started.

In the Great Depression, it took nearly three years for the country to sink into a 25% unemployment rate, which would leave 12 million Americans out of work at the depths of the depression. Today, unemployment is standing at 26.4 million Americans who lost their job in little less than a month and a half. According toShadowstats.com, the USA is already standing at an actual 23% unemployment rate. What will it be in three years?

Join Greg Hunter ofUSAWatchdog.comas he talks about these stories and more in the Weekly News Wrap-Up.

-END-

More Hanky Panky Behind The Price–Posted April 24th, 2020 at 8:46 AM (CST) by J. Johnson

Posted by Richard640 @ 4:54 on April 25, 2020  

This game we are all forced to deal with, has been a challenge to say the very least. We have observed institutional manipulations using Algo’s to control the prices, as the thefts occur in all sectors of commodities and stocks. The game is coming to an end because the Algos and their government employed bodies can no longer hide behind anything, as they allowed physical products to trade into the negative by all the fake products, they claim have value. Nobody with a working brain is going to hold a debt instrument in conditions like these, with no one working, and in fear of not having a job going into the rest of the year. What about the Cattle Rancher or Pig Farmer, or the Soybean, Wheat, Corn farmers after they witnessed Crude Oil going negative? If they are on the wrong side of a futures hedge, they could seriously lose everything because an Invisible Enemy is inside the regulators who are supposed to make sure everything is fair. Not for one side of the trade but for everybody. Imo, it is right here that they have failed our nations investors, but not the companies these regulators came from. 

We even have a guy who claims to have the only computer program, that thinks his computers knows everything about the markets and thinks only he can save the world, and that the elected president should be listening to him because he has a stellar track record with many governments asking for his direction. Of course, his resume is lacking about 10 years of not working, when he was governed into an 8 by 10.

test

Posted by Richard640 @ 4:33 on April 25, 2020  

 

Silver Train

Posted by Maya @ 1:05 on April 25, 2020  

rrflasher-copy

Coast Starlight in the Tehachapi Mountains
https://railpictures.net/photo/729447/

 

im up 30% since april1 at todays close

Posted by Ororeef @ 20:43 on April 24, 2020  

whats the problem ?

Massive Gold Stock Breakouts April 24, 2020 Morris Hubbartt Precious Metals Analyst

Posted by Richard640 @ 19:45 on April 24, 2020  

SEE video chat

https://www.gold-eagle.com/article/massive-gold-stock-breakouts

The Oil Futures Crash Is A Warning To Gold Speculators

Posted by Richard640 @ 19:40 on April 24, 2020  


April 24, 2020
Mike Gleason
Director @Money Metals Exchange

-The credibility of the gold and silver futures markets is also being called into question. Earlier this month the spread between COMEX gold futures and the London so-called spot price grew to a record high of more than $80.

Something strange is going on. The COMEX and London markets curiously changed their rules to allow 400-ounce gold bars located in London to be substituted for delivery of 100-ounce bars in satisfaction of U.S. contracts, actions which have drawn the attention of Congressman Alex Mooney of West Virginia.

Rep. Mooney is now demanding the CFTC explain why U.S. markets are permitted to carry so little deliverable physical gold and silver to back the exchanges. If there are widespread defaults, it could throw the entire financial system into chaos, Mooney warned.

At the same time, an enormous divergence between spot prices and the prices on bullion coin, bars, and rounds have developed.

So what is the real price of gold? What is the real price of silver?

The answer is that it depends on the form in which it is traded. Paper contract settlements carry one price. Bullion bars carry another. And American Eagles carry yet another.

For example, while the silver spot price closed at $15.36 on Thursday, Silver Eagles were selling for $27 or more at Money Metals’ higher-priced competitors.

Certainly a few of these dealers are getting greedy or struggling with insufficient capital, but the elevated premiums in general DO reflect extraordinarily strong retail demand on the one hand – and on the other, higher sourcing costs and U.S. Mint closures that threaten to crimp supply.

Coin values cannot be manipulated arbitrarily on a futures exchange. No physical bullion product will suddenly acquire a negative price because a handful of traders desperately need to unload contracts at a particular time and can’t find buyers.

As long as you aren’t using leverage, your downside risk in bullion is limited. That’s certainly not the case if you choose to play gold and silver futures. There, as you heard the head of the CME/COMEX admit, you could potentially lose more than 100% of the capital you deploy.

The upshot for holders of physical is that in the event the highly leveraged precious metals futures markets lose credibility, and especially if they melt down and default on obligations to deliver, a squeeze on available inventories of physical metal could push bullion prices explosively higher – regardless of what the paper quotes for gold and silver happen to be.

Great close on the HUI=277.59 +4,69 [+1.70%]–that’s 7.5 pts. off the low.

Posted by Richard640 @ 19:14 on April 24, 2020  

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

test

Posted by Richard640 @ 19:04 on April 24, 2020  

 

Global Pandemic

Posted by commish @ 18:07 on April 24, 2020  

https://youtu.be/AbhzMsoWqJw

 

Aaron Russo did this interview 14 years ago.  He produced among other things the movie Trading Places (one of my favorites).  The way they are promoting new vaccines bothers me.

gold just went green -1st time today-up 30 cent–closes trading in 13 minutes

Posted by Richard640 @ 17:04 on April 24, 2020  

Why Not Call Pandemic, Damnpenic or Damnpanic?

Posted by Mr.Copper @ 16:30 on April 24, 2020  

By the way, looking at my watchlist, and software, in general, most of the bigger cap miners (billions) are in the green, on the day and on the month. All the smaller caps (millions) mostly in the red.

FWIW….

Posted by old-timer @ 16:11 on April 24, 2020  

I see there is some “conversation” going about the evil Mr. Gates.

I thought some of you might be interested in the videos created by someone called “reallygraceful”.

I’ve included a link to her BitChute channel where she does some analysis of BG as well as others.

https://www.bitchute.com/channel/reallygraceful/

 

Interesting that the old peoples nursing home, in Kirkland WA, where so many died in the beginning of this “plandemic”, is just a few miles NE of the Gates mansion.  I don’t think there is a direct connection; TV coverage of the lengthy event showed severe mis-management and just plain lack of basic medical protocol, but, the location is interesting.

 

BTW I’ve stolen that word “pandemic” from  Dr. Joseph Farrell:

The Giza Community | Home of Dr. Joseph P. Farrell

Maddog

Posted by goldielocks @ 15:07 on April 24, 2020  

That’s a good point. Glad they’re learning their enemies in the background, openly saying they want them to suffer pain so they’ll bow down to their demands and who’s causing these things to happen to them. That they aren’t naturally occurring events. God forbid if they said up yours started a barter system and they didn’t get their cut. The farmers should do it now. One trade eggs or milk for crops,or other needs. Even better make these politicians work for food hand them a pitchfork tell them their money’s no good.
They won’t open up the unemployment as essential either while they have their own debts to pay. Mucho comments so they know they can’t trust them now. Of votes weren’t rigged I bet Big Bird could run against them and win and still might. Good time for real conservatives to come along. Not different than third world mentality.

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