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

Is $19.00 the next stop? Twenty day moving average is $24.00.

rno

Awh glad they have you.
I had a really nice beige couch that wasBut then one day came home for work to find my dog who was younger then ate it, it so comfortable you could sleep on it. I just got her a bunch of toys due to my long hours so she wouldn’t tear up the house and could get out to the back yard. So she used my couch instead of the yard to bury her toy bones by tearing a hole in it and putting her toys in it. ???

…has come home to visit for a few days.  his human is in vegas for some r & r, so he came to visit me and his mom.  i can report that sleeping in a bed with two dachshunds is a much more dynamic experience than with just one.

when I see the Chief of Police and the kid glove treatment of the little idiot punk jerk kids

and this week I’m shopping Toyota Corollas. Damn

because its easy…they never try to force RIOTERS to wear masks or anything else.  ITS GOING to be the same for GUN CONTROL

FIRST go for the easy ones that obey the LAW.   Thats been a successful stratgy until the white folks start to RIOT because they are tired of being used for being LAW ABIDING ..    Its time to stop being so LAW ABIDING it dosent work ,only MIGHT makes RIGHT…turn it on them until –THEY– beg for LAW and ORDER !

Will it hold? Inquiring minds are mystified!

rno

…a dollar off the lows on netdania.  climbing steadily.  gold has clawed back a little over fifteen bucks.  maybe this will be sharp and short.

K Harris the one who viciously attacked Supreme Court pick kavanaugh amongst other things.
Imaging Biden sitting in front of a 1000 page bill he’s told to sign while she’s busy further dividing the country.

If someone would’ve asked you 6 months ago if you’d have been happy if gold was $1900 and Silver around $25 would you have been happy? I would have been.

Did I sell the top last Thursday? – Nope.

Maybe I missed another top again. If so, at my age I’m pretty well F#cked. Just don’t think the top is in yet. Silver was particularly ugly. Will have to check the premiums in the phyzz market to see if I can actually buy some for $4 cheaper. Somehow I doubt it.

First time I’ve ever seen the metals down more than the shares on a % basis.

Panic paper selling. JMHO, but that’s all this was.

You know what these late buyers if they were late buyers not money buying any dip pushing it up for the procrastinator buyers to buy.
They remind me of the people who sit at lights, of course you have to look but dally around before they move hitting one light after the next.
Down the road these prices will be cheap but it depends on how long you want to wait and the quality of stocks you have. The pm sector ETFs for instance love to do reverse splits. If you wait around with them no matter what market bull or bear you do it at your own peril.

Platinum had a sell execution on a reverse point wave down. We shall see in the n3xt few days if it is valid.

rno

Wesdome Announces 2020 Second Quarter Financial Results

https://finance.yahoo.com/news/wesdome-announces-2020-second-quarter-203000295.html

Look here, $25/lb wheat pennies. Remember, $1.40 pre 1982 pennies equals a pound of 95% pure Copper. Actually most ’82s are copper. The Zinc ’82s are rare.

https://www.providentmetals.com/copper/other-copper-bullion/copper-pennies.html

That could portend some $100 and $200 up days. Today was 5.32% down on gold. The high was $2075 minus todays $1975 is a 7% dip so far. We all know the Bull likes to throw people off, and the Bear keeps them mounted. All the way down. Then they sell on the bottom and get it, good and hard again. I hope is mostly Chinese investors. I hear they have a lot of our money and like to gamble.

I just got back from Costco. This is quite a nice dip start for people that were patient and waiting to buy in. Too bad for the people that procrastinated, and waited too long to pile in late and buy the highs.

My newsletter once described those people of having a secret unconscious desire to lose. They want in, but keep waiting and putting it off buying, until they are convinced its a bull market, finally plow in and succeed to “get it” good and hard. They are probably one selling out at a loss.

Could we be seeing people panic short buying?? Falling all over each other to borrow shares and sell them?? If we get a quick rebound? Those people (that like to get beat up)  will lose money fast and buy to cover their losses and create a short covering rally.

Some people just do NOT belong in our sand box. But the derivatives makes it possible.

I look at options as insurance. You have to be careful with them but I’ve saved my a$$ hugely with them in the past

I guess we all saw this coming, but man! Did anyone take some off the table last week? I don’t know why, I seem to have a mental block when it comes to selling… I hate to say it… maybe its just greed.   I was looking WPM and thinking “its 57, I should sell it, but I didn’t. Even the physical… when it was way down over the years… I would tell myself, “when, or if, it ever hits $2000, I am selling some… but did I? No!              I sure hope I don’t have to wait nine more long years…sigh!                        I hope everyone is ok. I celebrate 21 years of sobriety today! ALOHA!!             ps, we have yet to see a $100 up day, but we can now say we’ve seen over $100 down!

I wonder what happened to good ole pup Scruffy. Woof Woof I used to call him.

Yep thank your stars we don’t buy gold or silver futures! The PM shares are volatile enough.

No doubt that we have the overbought taken out. But, it’s a three step dance ya know. The second step is to get to oversold and the third step is to finally to take that out. We are not even close yet, imo.  Franco Nevada FNV is a lead indicator….not even close enough to open the cigar humidor as yet.

Sure wish we’d taken that path here. A little bit of a gamble but it worked out well.