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

“Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.”
Frédéric Bastiat

Biden recently signed into law a requirement that all vehicles produced after 2026 be fitted with a remote kill switch. Electric vehicles are already equipped with this capability via internet-connected “superchargers.” These corporations can sell you a product for tens or even hundreds of thousands of dollars, then prevent you from using them. Worse yet, if the law is not challenged or repealed, these kill switches will have a “back door” that allows government agencies to shut your vehicle off remotely as well.

https://www.zerohedge.com/political/joe-biden-threatening-our-freedom-movement

About 6 minutes to learn Elon Musk is nothing but a placeholder phony….or keep on drinking his cool aide as you blindly step off the cliff. Your choice!

https://www.bitchute.com/video/Twteg9lpI2FX

I like Gundlach and his market views and think he is the new bond king. He said today that he’s been bearish on gold for a little while. He said his models show that gold is “very” overvalued.

I have to think that his models are largely USD centric because he went on to say that people should have 25% of their money in commodities when this selling is over because the Fed will reverse course and the dollar will fall.- Except gold “for now” he said.

Not sure I understand the logic but I wouldn’t be surprised if we get a $100 down day tucked in here. Truth is, we are probably lucky to be at $1800 with how strong the USD has been.

For decades I thought of the clean air and water people and the tree huggers as a bunch of Ted Kaczynski types but not that extreme. I remember he rode a bicycle, I just looked it up. I think he should have been considered mentally ill and he was, but was too proud to use that as a defense. He was very smart and could have been a Bill Gates or Elon Musk type.

Parts:

” in a nationwide bombing campaign against people he believed to be advancing modern technology and the destruction of the environment. ” “Kaczynski moved to a remote cabin without electricity” ” learning survival skills to become self-sufficient.

After his arrest in 1996, Kaczynski—maintaining that he was sane—tried and failed to dismiss his court-appointed lawyers because they wanted him to plead insanity to avoid the death penalty. In 1998, a plea bargain was reached under which he pleaded guilty to all charges and was sentenced to eight consecutive life terms in prison without the possibility of parole.

He witnessed the destruction of the wilderness surrounding his cabin and concluded that living in nature was becoming impossible. He resolved to fight industrialization and its destruction of nature through terrorism,” “he showed sympathy for animals who were in cages or otherwise helpless” “his bombings were extreme but necessary to attract attention” (note: like mass shooters, 9/11, Nagasaki Hiroshima and Russia today?)

https://en.wikipedia.org/wiki/Ted_Kaczynski

Ted sent those bombs because he was anti technology. He thought technology would control humans.

He may have been anti oil too I dunno.

I’ve read some of David Icke’s stuff. I thought he said that some people were actual Alien Lizards in people suits, especially many of our leaders? He seemed to have some good ideas and then with the Lizard stuff he lost credibility.

What if he’s right?

The Unabomber ….he wasn’t/isn’t the only one, who was normally would be considered a waxk job, who is turning out to be a lot right……we have a guy in the UK, name of David Icke, who was big in TV…then went a bit strange and after a while was saying miniature lizards live in our skulls and control us!!!

Well a lot of the other stuff he said is proving very right !!!!!

“As in every other aspect of life, the mkts no longer reflect the real world….what is real…allowing Klaus Schwab, to destroy all yr wealth and put a chip in yr brain, to make u a semi human/robot.”

What! Are you Anti-Robot?

LOL Just kidding. That’s a great line!

Not my own thought … but someone remarked recently that with all the technology being directed against our freedoms that perhaps Ted Kaczynski (Unabomber) was right.

The US dollar has surged to 20 year highs and is controlling everything. Silver is extremely oversold in an inflationary environment. When the USDX has topped, we can look to jump back in.

My SBSW made new 52 week low and I dumped it. I’m still hanging onto my phiz for the original reason I bought it.

Below is a copy of my response:

Hi, its a good idea to encourage people to take a job and help out with the Cheap Labor shortages. I think I told you before, everything is in reverse after the 2008 financial crisis. Anyway back in 1979 the Dinesletter by James Dines, recently deceased, predicted deflation in wages, back in ’79 because of the use of foreign labor. I was in the workforce in 1962 and by 1975 I was one of the first to quit my job. Tired of making the boss rich. The company I worked for, gleaned five years of me $10k annual salary, $50,000 with one month of my labor. $10,000 was equal to 4 cars or two Corvettes. Many guys quit and started their own businesses in basements and garages. Basically nobody gets paid enough to care about their jobs, unless of course they are high paid in a police or teacher union etc, they keep up with inflation.

Our managers or the Gov’t itself neglected to act as a union to represent non union employees and increase the minimum wage by 7% per year. So the basic wages today to match 1970 dollars should be around $40/hr. Being the Gov’t (big business) failed to do so, we need to get people OUT of the workforce if they are well off and don’t need the job. So as to create a shortage and natural market forces would raise the wages. Naturally as you said in your story, the lack of Cheap Labor is causing “withdrawal” problems. From the accumulation of errors. As we go thru a transition from bad habits. No pain no gain. Look at all the potholes. the whole country is on welfare. Check out the one westbound on 27A before the McDonalds in lindenhurst. Lady I know 68 years old ruined two rims and tires and a broken axle, driving a tiny Hyundai Eleonora.

The other approach, would be to encourage the public to avoid and or boycott imported products. We lived very high on the hog when we exported more than we imported. We don’t want too many poor people among us. They cause the Orange juice container to get smaller. the new toaster oven isn’t as good as the older one for example to keep prices lower. They steal catalytic converters, and the kids are having shoot outs in NYC. Amazing. Because of all the unrestricted Gun Violence on TV and movies. Hollywood is making a LOT of money on Gun Violence. They took away alcohol and tobacco commercials, but should have taken away the Guns in movies that kids will see. Its time to be optimistic, because all the faults are getting attention. Having products made 10,000 miles away is as dumb as a stump. I need heating oil this morning 100 gals at $6.40/gallon.

No idea….we are now in a scum created hell….the SM is rightly scared of the lunatics running the show and that is all over the West, so the SM can fall miles, having risen miles.

PM shares are now seen by the Algo’s as turbo charged shorts of the general mkt, tks to the scum crushing them, when ever the SM is weak….. where once PM shares were where u could hide in an SM bear..the scum have trained the Algo’s that is not true and as always no rallies are allowed in PM’s which is a sure sign the scum are on every offer, in unlimited Vol.

As in every other aspect of life, the mkts no longer reflect the real world….what is real…allowing Klaus Schwab, to destroy all yr wealth and put a chip in yr brain, to make u a semi human/robot.

I’m not saying this to be bearish because I’m hoping for a slow rebound coming or was till they upped the interest rates to .5 but both times they rebounded in 2016 and 2020 there was no interest rate hikes and inflation like we have now.
The inflation and gross incompetents to the point of lunacy leading to loss of confidence would seem to be the perfect storm. But we have this screaming inflation with despite the Feds move they’re still borrowing, spending and printing more inflation while threatening to cut off more gas supply’s where the talking heads will be putting more pressure on the Feds. They could only do one thing,raise interest rates. It’s kinda unknown territory. Even the SM is getting scared out despite their optimistic pure propaganda because this action is more than taking profits or pricing in the Feds hikes.
Yeah cars could have trouble because of parts their going to be even more expensive coupled with increasing costs of borrowing with rising interest rates. I’m guessing same for housing. With this economic oxymoron are we heading for a recession or a depression?
Although hoping for a rebound to start in PMs by next month or two with some bouncing around we have pressure on the Fed to do more instead of pressure on the lunatics in office. I hope it doesn’t but this could drag on into next year.

Nobody I know have been selling, all holding. Maybe we are just seeing computer generated numbers? Gold the monetary metal has been holding the $1800 area a long time.

But the economy metals like platinum and palladium lower may be reflecting less car production?? But then again, the desperate imbeciles have the US Dollar rocketing higher instead of running the interest rates to 21% like the last time.

Really, what’s the difference between higher rates and a higher Dollar to get commodities lower?

https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w1

On the positive side miners are pretty much still above the Covid lows and that 2016 bottom. Both times started nice uptrends.

Also amusing, much higher energy prices even though they pumped up their fake dollar. Can you imagine how much HIGHER these gasoline and diesel prices would be today if that dopey/dollar was lower where it historically was around 80??? Gold too would be a lot higher.

https://finviz.com/futures_charts.ashx?t=ENERGY&p=w1

Dollar ETF https://finviz.com/quote.ashx?t=UUP&ty=c&ta=1&p=m&tas=0

The Ukrainian acquaintance mentioned the other day pretty soon the oil coming from Russia going through Ukraine will stop. By whom I don’t know.

When it comes to the stock market safety in numbers just means you’ll all go down together.

Things could get worse than 1929!

Or maybe 1929 two? Inflation leading to deflation? It looks like the whole system is in trouble. With modern improved computerized production and manufacturing methods for food fuels and metals etc that eliminate the need for people, the whole system needs big changes. How many more fake wealth and tax absorbing jobs can they create? Maybe like Henry Fords new 40 hour work week, some big corporation should start a 20 hour work week. And double pay. Like Ford raised pay to $5 from $2.50/day. Sales and service jobs need production jobs to live off of.

Yes they do have farther to fall … unfortunately our PM shares are going along for the ride.

Gold looks much better than silver. It’ll be interesting to see what the commercials are doing in the next COT report.

“Silver is just plain disturbing.” Yeah disturbing like in Psycho!

If our market was the movie Psycho we’d be in the “Shower Scene.”

That’s a pretty good list of the blue chip high flyers, and they probably have plenty of room to fall if this is like 08′. I actually think this is more like 2000-02′ but either way, they have a lot more to fall.

The shares are really taking an outsized hit compared to gold, maybe not silver.

I think these scumbag bankers are probably going to pick some up whenever they feel like they’ve crushed enough.

Silver is just plain disturbing.

https://ceo.ca/@accesswire/jaguar-mining-reports-financial-results-for-the-first-1ca00

And the whole financial system is getting weird. It’s not uncommon for big wars to breakout when a financial system is imploding. I paid $6.40/gallon this morning.
Imagine Russia and or China fighting against Europe and dragging the USA into it? Like the last time? WW II? After the depression and hyperinflation in Germany? Who do you think would win these days? We probably won’t be here.

https://finviz.com/futures_charts.ashx?t=INDICES&p=w1