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

LBMA is about as trustworthy as someone selling a used car in a back alley.

Keeps trying to rally but hits selling pressure on every rally. We may see a deep correction here.

silver continues to hold its own today.

grain markets are up again but distribution may be ending.

Accounting errors causes LBMA to overstate silver holding by 3,300 tonnes during March Silver Squeeze

https://www.kitco.com/news/2021-05-11/Accounting-errors-causes-LBMA-to-overstate-silver-holding-by-3-300-tonnes-during-March-Silver-Squeeze.html

We’re even half way decent with the 10 yr. up a couple bps.

I hope it’s a sign of things to come.

Well said, they wear out in eight lol
It’s all political and no doubt they’re getting paid to do it at the expense of the economy as usual. I heard Dole who preached a ice age was coming once before changing to global warming his house could light up a whole street.
That my point, ask them to modernize the congress to all solar and if their homes are all solar,
Call them out on their BS and don’t relent with their side tracks.
Besides maybe we can can them racist.
How many black or Hispanic homes can afford to covert to solar and how many can afford to buy 40K EV cars?
Instead they’ll raise the gas prices.

~$118, probably in November 2022. Nothing on that chart is an accident. All based on silvers history beginning with it’s low in 2001; tops, bottoms, and cycles. Problem is it’s so simple nobody sees it…. FWIW!

All the best from Silverngold!

oil is here to stay – at least for the next few decades.

solar can provide megawatts.  if even half of the petroleum powered vehicles in this country were eliminated and replaced by electric, we would need gigawats.  many gigawatts.  (also, solar doesn’t work worth diddly squat at night.)

if we were to convert to electric, we would need to triple (at least) our electric generating infrastructure.  without petroleum (including natural gas) fueled powerhouses, who ya gonna call?

hydro?  most of the suitable rivers are already being used.  build some new rivers???

wind?  stripped of the subsidies, windmills generate enough saleable power to pay for themselves in ten years.  they wear out in eight.

nukes?  do-able, but it takes years to get a permit and more years to build a nuke powerhouse.  there are none in the application pipeline.  political kryptonite.

the oil industry will be alive and doing well long after you and i are history.

I’m wondering if oil will pass its 70 ish optimal target this time to demand. If I was in I’d be moving my stop loses up and take a chance past 70 but would be putting stop loses in tact not just watching like watching for the bottom at that point. Cant say as some things can’t be predictable like hurricanes where they’ll move to other things quickly.
I wonder how solar will work on roofs in the southern states. They know, it’s the brain dead who cons their way into politics for personal gain who think we’re ready to eliminate oil.
Had anyone ever asked them if their homes all solar and if they practice what they preach?

Silver now green and the silver shares are taking notice.

If we could even get a couple % of that Nasdaq money to come into pm’s we’d get a helluva move.

check oil….it has just laughed off the scum dump, by rallying $ 1.20 in a straight line….

Yeah I wouldn’t blame him living in Sonoma worried about the fire season. It’s already warm here like other states summers with air conditioners running already.

yet anyway. My dealer is paying $3 over spot for eagles and selling for $8 over spot.

Seems like the shortage might actually be real. A lot of items out of stock.

Maddog Yep and this younger group just might be the ones who can make change who knows. They are quite large and tech savvy. But yeah it’s like free or invisible money they don’t even have to them to make money on.

Ipso that would be nice.

It’s a disaster in the making! No wonder the state is losing population even with thousands of illegals being welcomed there.

I was talking to my Bro in Sonoma yesterday, he is very worried about the coming fire season.

A one time payment isn’t going to be enough to help the uncontrolled rising cost of living as well as homelessness in California. Instead what do they do is open borders and make it worse. A person living solely on SS could not make it here unless they owned property and it was paid for but even then property taxes utilities and insurances as in Car insurance also has penalties and is higher in Calif.
Byrrmeister sp also fell into that problem where she had to cut off the internet and even then. They could make it on two SS checks but not one. When her husband fell ill and was hospitalized it took up his check. We talked about waiting to draw SS which is what I did because she was made to believe it was better to draw early on top of it. Then I’m sure Irish got a bit of her money for what ever was going on in Belize she could have used and would have needed.
One income on SS forget it here. It’s more or as much as a one bedroom apt and your expected to make three times the rent.
These are honest hard working people most all their lives.
Now the young can’t even make it at the start here without staying home or getting roommates.
We have increasing working class sleeping in their cars. We have groups of people on SS that live in campers or converted box cars. Thanks to the internet it makes their lives a little more comfortable.
Part of it is the Bay Area Tec moving here but it’s mainly greed and mismanagement like a run away train with no one in charge.
Meanwhile companies like Amazon are growing.
When I went to return something back to Amazon I found they have their own wear house building not that far away. It’s huge like a half a block long and trying to be techie modern thinking their cool give priority to EV car parking. Then you are supposed to use your phone to do it.
My son and daughter-in-law took me to a early Mother’s Day dinner and had to use my phone to open a app at the table to read the menu. I guess that way no disposable menus because of the virus.
At least it’s providing more jobs but it’s not helping the cost of living.

I think you’ll find that if the Premiums stay, then a lot will….just like farm shops…after all what do u need, a web site and a few people to pack up the metal and ship it out……

there’s only one group who can sell unlimited amounts of paper and never get called for the metal, or have anyone asking what the hell they are doing and that is the Fed/government.

I’ll be delighted when the rig blows up. It’s inevitable!

The other silver miners should send a lot more of their production to be minted into coins. Deprive the crimex beast of it’s food!

When the redit group or however identified thought they could go after the manipulators and started buying it brought the premiums. They started after it shortly after they took out the shorts in some stocks a while back. But what happened as it did when silver was moving to 50 and then gold moving they raised the premiums. That is just another way to control demand. This time I never seen premiums go that high. I was going to buy a little more junk or called what have you pre 65s but backed off. Silver was selling for 40 plus a ounce when it was what then 26 or so a ounce. I was able to contact some of them and warn them as many were complete newbies who were the first time going to do taxes on trades.
There still out there though chipping away at the cabal. Lol
Not just banks but wonder if manufacturing like Tec companies even car manufacturers have a interest to keep it down. They apparently don’t have a interest in keeping tec or car prices down even though they outsource and take advantage of currency exchanges.

California proposes cash payments for two-thirds of residents

https://www.msn.com/en-us/news/world/california-proposes-cash-payments-for-two-thirds-of-residents/ar-BB1gA5zU

$ 5/7…that’s what he says…..it’s a v good interview and I’m happy to be a shareholder…he calls it as it is