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

Re: …but overall they are a bunch of globalist scum.

That’s the real world wide pandemic we have to worry about.

Re UK

U gotta remember that the UK gu’mint is supposed to be conservative, so when ever they run into real trouble, like now, they throw out a few conservative bones, to rally the faithful and make sure they can keep troughing… …but overall they are a bunch of globalist scum.

Armstrong interview. They stuck to asking him about commodities as his mind is complicated and gets off tract with direct questions. He said although I wound up listening to a lot by this interview said can run into 2024 I’m pretty sure.
It would be nice to see after years of any gains getting beat down again leaving only position trades.
https://static.financialsense.com/audio/2022-02/financial-sense-20220211-3efe52.mp3?cid=41f6725b80a30a44e07100aeb9d98859&ctype=3171cf43668a5d44f12e93d8c568f221&Policy=eyJTdGF0ZW1lbnQiOlt7IlJlc291cmNlIjoiaHR0cHM6XC9cL3N0YXRpYy5maW5hbmNpYWxzZW5zZS5jb21cL2F1ZGlvXC8yMDIyLTAyXC9maW5hbmNpYWwtc2Vuc2UtMjAyMjAyMTEtM2VmZTUyLm1wMz9jaWQ9NDFmNjcyNWI4MGEzMGE0NGUwNzEwMGFlYjlkOTg4NTkmY3R5cGU9MzE3MWNmNDM2NjhhNWQ0NGYxMmU5M2Q4YzU2OGYyMjEiLCJDb25kaXRpb24iOnsiRGF0ZUxlc3NUaGFuIjp7IkFXUzpFcG9jaFRpbWUiOjc4ODkxODQwMDB9fX1dfQ__&Signature=XnJU7G5MU-B-UNzx5JpVUjIl0Vo5-~3SaGCsCVThr3-PG1GzXxyzRX-n0vj4U9COHXRakQNktR9TtJAHVTmv~87cEFNvlDg6co2msGLDIoniBgjb8TSq7VWLMC4v-uxNXu2k35KJMHIpfDA4Ol2pOzgh~DciOWJzKT0Kwm9JSru3P6E92n3h9TwT8~nRItU8RkEgXntADoEYn9Ij-oTMQyB50dHO8r8fJlXX8tHHN~TycQa8Bj79ljB2TP7sXtIvq7~98gwXaYkE5hhawfgThRxAPS5~5zNEtEcIAD8WQ~LWgbT190JnzJdV1b0DhFmJ0~epZOzMq01XZRrkde0JvA__&Key-Pair-Id=K1LU2TDL8E1644

I kinda over did it listening to audios needed a break.
When you have time listen to this one about like energy stocks.
That and the brain dead green deal that doesn’t get cause and effect. They’ll cut off energy without having a replacement thinking it will magically appear in wind or solar. Or the importance of diversity be coal fuel nuclear and IMO solar and wind not adequate.
Apparently 70 percent of China’s energy comes from coal. Yet they are building multi nuclear plants. Plus buying up mines and resources abroad.
Here in the US the demos are shutting down things and mines like rare earths copper and lithium mines. That will drive prices up for us.
Now we need oil from Russia and rare earths from China.

This is a good adjudication for energy with insights by people involved in the sector. It’s a long audio.
More and more focus on commodities now.

https://www.financialsense.com/podcast/20183/drums-war-big-tech-whacked-oil-and-commodities-surge-higher

Then MORE stimulation in 2009, leading to the highs rollover 2014-15. Then the Trump rally leading to the Covid Bust early 2020, then the NEXT Fed boost to get us out of THAT one! And here we are at the end of the most recent boost of all boosts, the Fed Covid boost. New all time highs rolling over. So what now? The indices have to wait for the NEXT crash bottom to get the NEXT fed boost. For Bidens reelection? The Fed must have a big defibrillator. LOL.

Postscript Document (mrci.com)

I’m surprised the HUI is holding up so well. Good stuff.

holding above 280…

This action is reminding me of the indices chart patterns were topping and rolling over around 2014-15, it was a very stale bull market going nowhere. Then Trump started campaigning, and got elected, and gave the indices a real good boost for many more years. Then Covid hit them, and the Fed gave the Indices a really really good boost again.  And starting to roll over again. So now what?

https://finviz.com/futures_charts.ashx?t=INDICES&p=d1

You wouldn’t believe some of the safe nuclear technology that is coming out with regard to micro reactors. Nuclear is the answer to our “clean energy” problem. Within a decade, there will units the size of a power cabinet supplying energy to an entire town.

I bought a little FCX this am, it’s been holding up well relative to the SM – but a down market is a risk.

If you plan on hanging around for a few more years maybe you’ll be rich. Don’t forget energy too and the green new deal is brain dead and only having a opposite effect. Especially if they keep shutting down nuclear and mining for lithium and the other components for car battery’s and demanding more electricity to power them.
One institutional is speculation gold will rise 20 percent this year. Lots of different opinions but more are becoming bullish on gold going forward in the next few years.

Now that the SM futures have gone negative, we are catching a quick bid.

Hi Ho silver!!!

Using SLV as a proxy, it still has some room to run up to the 200 dma @ $22.67, or around $24.60 spot. If anything, silver is ridiculously weak and is due for a big run if it breaks that 200 day.

Maybe the scum won’t be able to cap a Friday selloff in the SM.

If that is the case, will pm’s catch another bid?

and I think they’ll try to keep the SM green today before the weekend. If the SM goes south, maybe we’ll catch a bid?

Regarless, pm’s probably need a day of rest before the long weekend.

Antique Rio Grande classic
https://railpictures.net/photo/782158/