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

Well shux

Posted by Buygold @ 7:45 on May 18, 2020  

Is this follow thru sustainable?

or are we going to see what we’ve seen so many times before, a strong open that reverses and disappoints and marks some kind of short term high?

Nonetheless, it’s exciting to see silver up another 4% and at least premarket the shares seem to believe.

R640

Posted by Maddog @ 7:42 on May 18, 2020  

I think the SM is a euphoria rally on talk of Vaccine, end of lockdowns etc…..reality may hit later.

Powell/ The FED warning about high “asset” prices the past 3-4 days is the equivalent of Greenspan warning

Posted by Richard640 @ 7:09 on May 18, 2020  

about “irratiionnal exuberance” in 1996[?]…the mkt. didn’t give a damm and kept on going up…

Also the high profile warnings from Druckenmiller-Tepper and Gundlach was a contrarians dream and a buy signal for stocks

Maddog–interesting about the huge short in bonds…as for stocks you seem to be

Posted by Richard640 @ 6:58 on May 18, 2020  

saying that TINA is back…there is no alternative…TINA was no where to be seen during the March crash but why quibble over insignificant details?

 

R640

Posted by Maddog @ 6:25 on May 18, 2020  

Bonds/Notes are in a strange place here, they should be falling apart, as rates rise, but it seems the whole world has that possy as OI is at an all time record short futures !!!

Have been trying to make money being short and it just don’t work.

Plus with all the action elsewhere as PM’s go ape and the SM as well who needs Bonds etc…have u seen Earle…..what a beast…that’s screaming panic over.

I see London is getting under 100 cases of Bat Clap /day with @ 10 million people….I wud think that is < than get stabbed under the wonderful mayor.

4:20 am–Maddog–Captain-Not endorsing stocks, the 10 yr, t-note is UP 3/64 ths-as stock futures soar…curious, what?

Posted by Richard640 @ 4:14 on May 18, 2020  

it’s a world-wide Jihad to the upside…reminds me of the kick-off the day after Trump was elected…the everything bubble is back…thank G*d…it’s very difficult to imagine seeing stocks print red again for a very long time…at least until 2 pm today in NY [snort!]

https://futures.tradingcharts.com/marketquotes/ZN.html

Silver’s a stallion, up 62 cent

https://futures.tradingcharts.com/marketquotes/SI_.html

Gold Train

Posted by Maya @ 0:37 on May 18, 2020  

rrflasher-copy

Rocky Mountain narrow gauge passenger service
The Rio Grande Southern “Galloping Goose”
https://railpictures.net/photo/731441/

 

Hawaii Virus Stats

Posted by Maya @ 0:35 on May 18, 2020  

Total cases: 640 (1 newly reported)
Hawai’i County: 77
Honolulu County: 415
Kaua’i County: 21
Maui County: 117†
Pending: 0
Residents diagnosed outside of Hawai‘i: 10
Required Hospitalization: 82‡
Hawaii deaths: 17
Released from Isolation: 573§
Cumulative totals as of 12:00pm, May 17, 2020

One new case Big Island Hawaii County.  We’re still festering.

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