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

Inflation in everything we must have to sustain everyday life.

I would exclude housing though.

Looks like pm’s might have game today, nice turnaround in silver.

Eric Sprott Announces Investment in Ely Gold Royalties Inc.

https://finance.yahoo.com/news/eric-sprott-announces-investment-ely-213800224.html

Ely Gold Royalties (TSX-V: ELY, OTCQX: ELYGF) Announces Option Agreement, 3.0% NSR on Olympic Gold Project, Nevada

https://finance.yahoo.com/news/ely-gold-royalties-tsx-v-100000610.html

Yeah I’ve heard that not all are happy in AOC’s district as well. The Amazon fiasco pissed a lot of people off. I think Michelle C C would be a much better Rep too. Let’s hope she dumps AOC on her ass!

Cheers

before the March crash…..

because it is confined to the $ [currency} and paper assets…and sooner than most think it will hit consumer items

R640 – I don’t think there’s any doubt that if we’re headed toward the Zimbabwe, Weimar hyperinflation stocks will go much higher.

Maddog – Haven’t paid much attention to Hong Kong, the SM is immune to bad news. The only thing that matters is liquidity and it seems there’s plenty of that.

Yeah scum came in for a quick slam at 8 am EST

Seem to be recovering now but all that matters is the Crimex open.

Hong Kong not looking clever, which is why SM was offered etc…but of course that means nothing to the scum, ……if u don’t get out of HK now yr gonna be stuck and the Donald is aware…..HK being wiped out financially is not a non event, especially with Bat Clap around.

There is an ocean of money out there seeking a return…economists talk about how money printing has not caused consmer price inflation YET….that’s debatable…but the amount of $s in existance has been inflated and so have paper assets

I think the stock market is the beneficiary of people finally taking their savings out of retirement plans and bonds and just wanting it in stocks…something kinda tangible…like PM stackers convert all their fiat….if true, the stock mkt could go full Weimar with unimaginable upside targets…hence Armstrongs’ call for Amazon at 5400 some day

That said, I keep remembering Japans crash in 1989–stocks seemed unstoppable then….after the crash, savers sat on $11 reillion for 20 yrs in low yielding bonds…they were content just to “preserve” their cash and not “reach fir yieldz’

so we are stuck with them all day.

Shares are strong and busy this am but it is still really early.

Silver needs to creep into play.

Silver Train… the French bullet
https://railpictures.net/photo/731917/
https://railpictures.net/photo/731912/

Total cases: 647 (4 newly reported)
Hawai’i County: 82
Honolulu County: 416
Kaua’i County: 21
Maui County: 118†
Pending: 0
Residents diagnosed outside of Hawai‘i: 10
Required Hospitalization: 83‡
Hawaii deaths: 17
Released from Isolation: 579§
Cumulative totals as of 12:00pm, May 21, 2020

One new case on Maui, three new cases here on the Big Island of Hawaii County.  Talk I hear is recent cases on the Big Island are traveller-related.  Latest being a returning family member who got sick and infected the whole family… hence three new cases today.

Governor is slowly easing restrictions.  Beaches are now open IF YOU PRACTICE SOCIAL DISTANCE.  County parks here open… state and national parks remain closed.  Plans to ease the inter island travel quarantine in a few days.  More low risk businesses opening.  The ‘Covid Czar’ here is Lt. Governor Josh Green, M.D.  He notes that the State has adequate medical reserve capacity at this point.  Only 19% of ventilators in use, and hospital and ICU beds occupied is below 50%.  If they see a worrisome surge coming back, the lockdowns will be put back in place.

I have heard some grass-roots vocalizing about how she (AOC) is not working for their district, but working for others ‘national goals’.  Much dissatisfaction there among the electorate.

I think Michelle C-C could take the seat easily with her TV recognition.  I doubt she would be as rabidly socialist as AOC, either.

Why California Is In Trouble: 340,000 Public Employees With $100,000+ Paychecks Cost Taxpayers $45 Billion

https://www.zerohedge.com/markets/why-california-trouble-340000-public-employees-100000-paychecks-cost-taxpayers-45-billion