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

This implys its DENSITY of POPULATION is where the HIGH RISK is….

All I know is that Lumber is up 240% in the last 5 months and my boss is building a new house and is thinking of halting construction.

No inflation here, keep printing that money though, we need it…

BTW – betting the USD drops again and pm’s rise again tomorrow.

Warren Buffet probably the greatest stock investor of all time, has made a major purchase of a Gold miner, something that bearing in mind his past attitude to Gold, is a huge change in behavior, a truly momentous turn of events, for him and the mkts.

Today Powell basically said he was dead right, as inflation can now rise, under the new Fed policy and we all know that once it starts, it is the devils job to get it under control, again….plus this time debt levels are so insane that rates cannot be used, were it to get out of control….so this time they could be fighting a fire, with petrol…..so what do the scum do, they land all over PM’s, in an abject attempt to paint a happy picture…

This will not end well….Wanka’s lamposts may well be their fate…if they are lucky.

Then go ahead and remove yourself from the gene pool if you’d like. So far it’s your choice. Either that or JUST SAY NO!!

https://youtu.be/7gnp02cX-M4

72 month Car loans, with rates near zero……..that has to be a tell.

Roger that. Powell on CSPAN now , nothing interesting, looks like he’s losing weight. Poor guy probably worries a lot and doesn’t sleep well. They are so dumb. Higher or lower interest rates do not regulate or create prosperity for the public. Prosperity is ability for the public to pay cash and not have to borrow.  I hear they have 72 month car loans now, when it used to be 36 months.

The cheap/cheat way to run down debt is let inflation rip, that is what the Fed is upto, but so far inflation has been somewhat subdued and the way they run the joint, the debt keeps having to be run up and now tks to Bat Clap, it has gone near parabolic……..answer let inflation rip and smash PM’s so that the policy looks sane.

Wouldn’t surprise me to find out Warren ‘found’ out about the policy switch ages ago, hence his ABX buying.

No I didn’t hear him say anything, just semi-following Zero Hedge. Didn’t think it was anything dollar bullish or pm negative so I stepped up and did a little buying.

Working out ok so far but the day and week aren’t over. Probably should have bought more Barrick.

parts:

That the Fed plans to leave its key rate pinned near zero even after inflation has surpassed the central bank’s target level — at least for a while.

The widespread expectation is that the Fed is poised to adopt a more flexible policy that would allow inflation to overshoot its 2% annual target for some period to compensate for the many years in which inflation has run below 2%. called “average inflation targeting.”

What’s new is the message that the Fed is prepared to accept a level of inflation that in the past it would not have tolerated while keeping rates near record lows.

Consumer confidence has tumbled. Though the stock market and home sales are surging, the economy is struggling to grow, and millions face potential evictions from their homes. “The Fed is in a position where they see the recovery is losing momentum at a time when the economy is in a deep hole, and that is worrisome,” about a possible double-dip recession.

Comment:

It sounds to me like the Fed knows for SURE inflation might come, far more than 2% so informing everyone ahead of time so when it happens against their will, its what they expected, and for everybody not to worry they won’t kill stocks bonds and real estate, or even GOLD with higher rates.

Their stupid paper money souped up  “four wheel drive economy” is now stuck in a far worse place than if they left it as it was, a normal two wheel drive economy that only gets stuck on the shoulder and not 4 miles away from roads in the woods or desert Eh?? 🙂

https://www.pbs.org/newshour/economy/powell-edges-toward-loosening-the-feds-stance-on-inflation

Dollar has given up all its gains and looks to go flat then probably negative on the day.

Bought the same 1K shares of AUY back that I sold for a small profit yesterday.

I think we’ll finish the week on an up note tomorrow, this is a one day manipulation because of Fed Speak. JMHO

https://youtu.be/NFyjvwzQqqU

Now maybe info on this Dave Hodges interview begins to explain the answer. FWIW!!

https://youtu.be/sA_9X70XRoI

I hope your trade netted you more shares than you sold .

We need to let Trump know about the Scum, how bad they are, maybe he will straighten them out.

Up and down in seconds.

Powell must be talking out of both sides of his yap.

Bought back my AUY

the scum look to want PM’s to look absolutely dreadful.

SM now flying as per, Dolar near Unch, rates riseing and PM’s back in their box…sub $ 1950 for Gold etc.

Amazing what unlimited Vol can do.

Goose the dollar, goose the SM, slam the metals.

Snooze.

and at a cost that is humongous, to tax payers..

USD fading, a little pm space being bought out of the gates. We’ll see if it holds while Powell yaps.

QE, low rates, for eternity

still rising strong, gapped up 20%  twelve million shares traded in the first five minutes…