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

California Set To Pass The Nation’s First Wealth Tax Targeting The Ultra Rich

https://www.zerohedge.com/markets/california-set-pass-nations-first-wealth-tax-targeting-ultra-rich

We’re in a nervous market. What’s to love about the shut down economies right now. Even those working have little R&R prospects. It’s affecting a lot of the sectors even gas except for those who need it to power their generators for power outs or to charge their electric cars lol Without Trump directly helping the people it could be worse though.
One of the safer sectors healthcare I’m not even sure because of the lay offs of so many when all attention was given to the China virus.

True, in past decades, a “5-10% decline in any given year is not outside of the norm”.  But any 5-10% decline THIS year is sufficient spark to ignite a conflagration that quickly leads to market meltdown.  Big money managers are on hair-trigger standby alert, while wave after wave of short-sellers get massacred by Fed “liquidity” injections.  The situation is fragile, unsustainable, like an old rubber band stretched to imminent breaking point.  Anybody “bullish” in this environment is a fool soon to be parted from his money, relying 100% on “Fed backup”.  That works, until it doesn’t, then game over

It’s worse than that if Biden wins because the green new deal is not just a job killer which is bad enough people lives are at stake and look at California? It can’t even supply enough electricity for the people as is with rolling blackouts but they want everything electric “ cars” in a few years will all gas cars deemed worthless putting even more demand on the grid with no alternative and solar isn’t cutting it.

It’s artificial intelligence that’s going to control our lives even the outcome of jury selection by picking the people most likely to give a guilty verdict. It’s AI they want to inject in or arms also for profit and power over us. It’s AI that wants to defund the police and replace them with robots and drones, it’s AI that want to pick our leaders and how it can affect the election, it’s AI that want to have global dominance over every citizen in the world, and all these branches are going right out of our country, it’s AI that are causing riots and this was a agenda of Obama phones with unlimited data to enable it. We are paying for all these layers and layers of independent contractors to spy on and control us. That includes social media sites as we know.

Might have to hurry up and watch this because they tried to stop this documentary by Millie and arrested her just before it was supposed to be shown.
https://youtu.be/jD46WsPnufs

Biden wins…It goes parabolic ,the Dollar becomes worthless ,the economy crashes.

Trunp wins ..it goes up moderately ,the Dollar maintains its world status,the economy gradually recovers.

WE make more money with GOLD if Biden wins,but we pay a terrible Price lose our freedom,constitution rights ,mob rule prevails and a civil war eventually happens ,not right away but when the Guns start to be taken the peaceful people realize if they dont fight back all is lost.

I remember voting for REAGAN,but his Treasury secretary caused a market crash in 1987 …when he threatened  to let the Dollar FLOAT……I paid a very high price  .   I dont know what happens ..its like the old joke of mixed emotions like watching your mother in Law drive off a cliff in your NEW CADILLAC..

Good morning Buygold. It seems as if Buffet thinks the banks are going to fall into the Pits Of Zool. Since he has better information than we do I’d say, don’t bet against him. His other bank positions are probably on the chopping block as well.

I congratulate him on his Barrick purchases. If he needs some guidance in the other miners he can contact us. 🙂

New Sound Money Caucus Launched On Capitol Hill

Americans and even Fed-bugs are grappling with the immutable truth that governments can’t print society into prosperity…

According to the latest 13F, Howard Buffett’s Berkshire Hathaway not only dumped all his airlines – as we learned previously 0 but has also liquidated huge amounts of its exposure to US banks (exiting Goldman Sachs entirely).

• Berkshire’s JPMorgan Stake Down 62% to 22.2M Shrs
• Berkshire’s Wells Fargo Stake Down 26% to 238M Shrs
• Berkshire trimmed its bet on PNC Financial and M&T Bank as well as Bank of New York Mellon Corp., Mastercard, and Visa.
• Berkshire Exits Goldman stake entirely

My comments:

Besides Barrick, he could start a run on other gold mining shares, probably the larger caps I’d guess and by proxy a selloff on the bank stocks. That money has to go somewhere, just sayin’ 🙂

Dolly has a good heart. She has done a lot of good things for people with her money. BLM on the other hand is a Marxist anti American and racist under the color of anti racist organization. They use the money not for black neighborhoods but to support anarchists groups and getting dumb people like Aoc , Omar, and more like those in Seattle and Portland elected and now police defunded. They also fund ACLU so you can see why they are no longer working for America and in anarchist pocket, They probably take money from Soros and Gates too. It’s a Trojan horse.

The Zephyr climbs thru ‘the Flatirons’
on the front range of the Rockies
https://railpictures.net/photo/737648/

Here’s a quiz of Chicago slang. I took it although only went there to visit a cousin once in awhile or to dinner with friends as a teen. Somehow I got 100 % but had to guess on a bunch of them as some were places I wasn’t familiar with or deep back in memory had me guess right but still thought it couldn’t be. I guessed no relish on hot dogs is that right? Apparently it was.

https://www.women.com/alex/quiz-how-well-do-you-know-chicago-slang

They opened a store in Richmond and were immediately proclaimed to be a RACIST business ,in fact they were picketed …SO I figured there must be something going on there .I went to the local nearest store and what I found was a CLEAN beautiful store with FRESH FOOD ,all good brands ,no just STORE PRIVATE LABELS …..The word RACIST is getting to be a BADGE OF HONOR …it means they are hated because they make the rest look bad by doing a better job …..Wheres the next RACIST store /…please !