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

With Trump out of their way the economic outcome just keeps rolling down hill.

Posted by goldielocks @ 21:52 on June 10, 2022  

Deere moving some of its jobs to Mexico Ford backed off Ford scrapped a 900 million plant in Ohio to move it to Mexico.

John Deere has announced it will be moving part of its manufacturing operation from Waterloo, Iowa, to a production facility in Mexico no later than 2024.
Deere and Co. (DE-NYSE) confirmed that the Iowa Tractor and Cab Assembly Operations facility will be reorganized, with some new products being made there but cab manufacturing being moved to its Ramos Component Works facility in Mexico.
The company said the decision is being made so that it can “balance workforce needs within the tight labor market.” It says that the move will also “open up floor space” at its Iowa facility for new but undisclosed manufacturing projects. It said that an estimated 250 employees could be affected by the move, depending on ongoing production volumes and employee attrition before the move….

Federal labor statistics indicated that almost 109,000 Americans lost their jobs in 2020 as a result of free trade arrangements. Ford Motor Co. announced last year that it is changing the direction of a new $900 million manufacturing plant originally planned for Avon Lake, Ohio. Ford decided instead to take the manufacturing project to a location in Mexico.
The loss of manufacturing jobs takes a heavy toll on the U.S. economy, as analysis shows that every American manufacturing job supports an additional 7.4 jobs domestically.
Deere and Co.’s stock price closed on Friday at $361.00 per share, up over 2% since announcing the manufacturing relocation to Mexico.

John Deere Moving Tractor Assembly from Iowa to Mexico

Anyone think today is a prelude to what might happen Monday?

Posted by Buygold @ 20:41 on June 10, 2022  

Is the SM finally breaking?

Posted by ipso facto @ 20:31 on June 10, 2022  

How many jabs have you had Justin?

Posted by ipso facto @ 19:44 on June 10, 2022  

‘Please pray for me’: Justin Bieber reveals he’s been struck by facial paralysis from rare syndrome in shock video to fans and shares fears as he struggles to eat after being forced to cancel tour dates


What Is A Woman??? In case you don’t know. Rebel News.

Posted by silverngold @ 17:07 on June 10, 2022  


New World Next Week with James and James….and a very exposing one on several subjects. Watch it and learn, or stay a mushroom. Uptoyou!!

Posted by silverngold @ 16:38 on June 10, 2022  


COT Report

Posted by Buygold @ 15:51 on June 10, 2022  

Silver looks a little more normal but gold is interesting. Seems like the banksters are trying to get out of the game altogether.

CFTC Commitments of Traders Report – CMX (Futures Only)

GORO having a monster day on no news that I can see.

I believe in 20 years this is the first time I can remember taking a big loss yesterday and then getting a 150% return on the next day. Usually it is the other way around.


GDX plus 5 % ..nice call Ororeef.

Posted by Maddog @ 14:36 on June 10, 2022  


Posted by ipso facto @ 14:05 on June 10, 2022  

Just saw your query. Since you have been posting today I’ll assume all is OK now.


Quite a day for the POG

Posted by ipso facto @ 13:35 on June 10, 2022  

Hard for anyone to deny the reality of it …

10 Day Gold


Re the general stock market? It finally seems like its finished, losing popularity.

Posted by Mr.Copper @ 12:57 on June 10, 2022  

Reminds me of 2000 dot come bust. It took three years to bottom. This recent decline is YTD. Only 6 months so far. The prior roll over peak 2015-2016? Around 18,000 Dow spiked up after Trump started campaigning. Many good years with the Trump rally.

Adjusted for inflation, I use a factor of 20, after the 1970s, the Dow was 1,000, so it should be around 20,000, not $32,000. Gasoline was .25 cents so x20 it should be $5. (it could crash) The houses were $40 k so should be $800 k. (they are behind the curve not keeping up with inflation because wages have not kept up)

Cars were $3000 so should be $60,000. A slice of Pizza was .15 cents, so should be $3.00. Silver was $1, so $20/oz (but can to to $50 easy) Gold was $140 x20 should be $2800/oz. (can over shoot to $3-4k.

Gold is the end game, we are in the right place as far as I’m concerned.

Anyway the energy sector looks good, but for how long?

Mr Copper

Posted by goldielocks @ 12:57 on June 10, 2022  

Well if certain people didn’t care who would.
As far as gun control those horrific shootings in Texas of those children don’t scream gun control they scream gun ownership. It says you better be armed. It screams the like the Florida shooter cops won’t be there to protect you even if they could get there in time. That’s not to mention the left letting violent criminals loose and open borders especially for border towns.

goldielocks @ 12:02 Honduras, trash floats up on their beach.

Posted by Mr.Copper @ 12:40 on June 10, 2022  

Who cares? Why are you fighting for somebody else’s pet peeve battel?? There must be 25 to 50 special interests groups that are annoyed about something, and want others to get annoyed too. Gun control, Abortion rights, fossil fuel haters, SUV haters, battery car lovers, everybody getting others involved, and we have a nation of unhappy people going crazy. Are they supposed to build rocket ships and sent the garbage to the moon?

It is what it is. Be happy. Focus on something else. I focus on the global economy and financial system, and the true value of things adjusted for inflation, related to the dollar constantly losing value. Re the Gun thing. Maybe you have 10% that love guns and 10% that hate guns. The 10% that hate guns wants the 80% in the middle to agree and use lots of impropaganda. The 10% that LOVE guns NEVER try to get the 80% in the middle to like guns. But the 10% anti plastic group is the same, wants the 80% to join them. The plastic lovers, NEVER try to get the masses to love plastic.

Me Copper

Posted by goldielocks @ 12:39 on June 10, 2022  

Everyone has their strengths, I know a couple of yours, cars and sheet metal but..
You reminded me of something kinda funny that happened once in California when it comes to not seeing something so it doesn’t exist.
I don’t get involved in things much less a emergency or bothering me but this was a emergency. Fires were starting up years back in southern calif. I saw a fire start up in a neighbors back yard. He and a few neighbors were putting out a fire in the front when I walked up to try to tell there there is a fire and before I could finish they said it’s okay we put it out. They kept interrupting me playing the we the macho we will handle it thing I guess so I finally said something like okay guess you don’t wanna hear about the one that started up in your back yard.

Sunken ships aren’t as bad and make refuge for sea life and diving ops for scuba.
I wouldn’t mind seeing some of these purposely polluting ships becoming homes for sea life provided they’re evacuated first.


Posted by Maddog @ 12:23 on June 10, 2022  

Bonds are taking no prisoners today……..a brutal move, that the SM is powerless to ignore.

Another good development

Posted by Buygold @ 12:18 on June 10, 2022  

volume is picking up and now on the heavy side in the shares.

It’s such a good feeling to have the only asset that is moving up against almost all markets.

The consumer confidence numbers were abysmal. People are hurting.

Morning Ipso

Posted by Buygold @ 12:14 on June 10, 2022  

COT Report has been bullish for a few weeks now the move up in the metals has been muted – until today.

I’ve never seen the COT report fail to translate into a move in the metals one way or another, when it gets lopsided.

I get the feeling that the funds are in over their ski’s, but we need to see a good few weeks of rally.

If this weren’t the pm sector I’d say that we have ourselves one textbook reversal that

Posted by Buygold @ 12:07 on June 10, 2022  

should lead to a nice few days of rally. Since it’s pm’s it will probably reverse back down on Monday.

All that pessimism aside, this is exactly what we want to see, and with the USD up 1% and the 10 yr. up 10 bps., and the SM getting crushed, boot makes this a stellar day if it holds up.

Mr Copper

Posted by goldielocks @ 12:06 on June 10, 2022  

One alone on the pacific garbage patch.

Mr Copper 11:17

Posted by goldielocks @ 12:02 on June 10, 2022  

All you have to do is look it up.
About 10 minutes in, the pacific garbage patch.

Honduras, trash floats up on their beach.

Micro plastics everywhere including the water you drink and air you breathe. Right it’s not digested but has been found in fish dorsal muscle , muscles people eat whole and one I eat occasionally , fried “ oysters.

International Stocks are also TANKING ,its world wide, TOTOL WORLD STOCKS—

Posted by Ororeef @ 11:53 on June 10, 2022  

DOLLAR SEASONAL comes to an END on JULY 4th that explains the DOLLAR Strength ,but after that there is NO REFUGE except GOLD

Posted by Ororeef @ 11:51 on June 10, 2022  

US Dollar Index

USDX saisonal

@ goldielocks 22:04 Garbage and plastic dumped in ocean.

Posted by Mr.Copper @ 11:17 on June 10, 2022  

I’ve spent a lot of my life since the 1950s, on Atlantic coast beaches between Jones beach inlet and Fire Island inlet. Gilgo, Cedar, Tobay beach, and many rural areas in between and never saw any garbage. Shipping lanes off shore to NYC 35 miles away. There are sunken wreaks 30 to 60 miles off shore. They attract fish and fishermen. Unfortunately sometimes fishing lines would hook onto a wreck and you would have to cut the line. So yes a lot of tangled plastic lines down there. 50-60 feet down. One wreck was the Texas Tower that topped over in a storm.

Also plastic does not dissolve.  They put acid in plastic bottles. In fact one time the dog we had was in the yard having trouble trying to do #2 and rubbing his but on the ground. I took a look and a piece of plastic was sticking out. I grabbed it and pulled it out over a foot long. Must have went in the garbage and ate something that was in that bag. I hear the old plastic turns into tiny pieces, I never saw any myself, and even if the fish ate it, it doesn’t get digested and turn into fish flesh. It just comes out the  anus and back into the ocean.

Those scuba divers with the nice photos?? I recently found out people make good money selling photos on Etsy. My son recently got into this. I can imagine some special interest groups pumping a money making agenda would hire and pay for photos to help recruit more “soldiers”.

Ororeef 10:00

Posted by goldielocks @ 11:07 on June 10, 2022  

Right, talking heads were trying to say no inflation while the gas prices going up by the week and then day, then there was inflation, then there will be no recession that the yield numbers flipping meant nothing and flipped back probably while they were selling their stocks and going to cash or short and now new talking heads fearing a recession.

ipso facto @ 10:53 on June 10, 2022

Posted by Ororeef @ 11:05 on June 10, 2022  

The worst advice of his Lifetime !

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.