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

Maya 20:13

Posted by goldielocks @ 22:23 on June 18, 2022  

That is funny. I hope people don’t have their life savings in it.
They just got canceled. Well not yet. Hope they don’t. The government will just try to replace it.

What’s funny is the cancel culture on Twitter got canceled along with their up side down misinformation propaganda. They can’t block people then lie about them and now getting called out. They tried to slander M Flores of Texas and she called them out. With the power outs coming from their leader Joe, Musk should put them on hourly wages.

ipso

Posted by goldielocks @ 20:47 on June 18, 2022  

I hope to too with alternative resources. You think with Pelosi and Piece of Schiff they would of exempted Calif from climate change too.
I’m surprised Wisconsin is in there with highest risk but they have shut down some old plants. There worry will come more in winter.

goldielocks

Posted by ipso facto @ 20:35 on June 18, 2022  

I’m just incredibly glad I dodged that bullet!

Good as gold LOL!

Gold Train

Posted by Maya @ 20:19 on June 18, 2022  

Golden Ontario
https://railpictures.net/photo/791976/

 

BTC ‘investors’

Posted by Maya @ 20:13 on June 18, 2022  

I knew this would happen eventually.   (snicker)

He he he heh….     BWAAHH  HA HA HA HA HA     SNORT!

I got in and out of the Tulip garden early… and watched.  🙂

 

We’re heading for three digits stating early next week.

Posted by goldielocks @ 17:49 on June 18, 2022  

No data for eastern or south eastern states on the map. Maybe the politicians exempted these states.

100m living in Midwest, West Coast and Southwest face summer power outages from hot weather, climate change, overstretched fossil fuel power plants and unreliable green alternatives, energy regulator warns.

https://www.dailymail.co.uk/news/article-10834143/amp/Millions-Americans-risk-blackouts-summer-heat-drought-strain-power-grid.html

Ipso

Posted by goldielocks @ 17:19 on June 18, 2022  

Ps These talking heads of end of the world emotions are gonna tell you that or when a bottom is in or they’re looking fir one? Lol They won’t because just like you and I you won’t want to tell everyone else about it until you secured yourself or they’ll all be jumping in at the same time. When that time does come that is. I expected a fake out then another drop and so did others but news was so bad it just kept dropping lol I think everybody knows by now the Fed is the lone solider who’s gonna take the heat.
It’s also expected if the economy does go in a officially called recession “ he’s gonna reverse course. Whether he will or not is only speculation.

Ipso

Posted by goldielocks @ 17:01 on June 18, 2022  

Aside from Bitcoin “ so far” which I’m sure is bad enough all these people who didn’t cash out and get at least some tangibles while others “ like goldbugs do some will or have done both see a opportunity to buy more or those who will hold.”
It does pale to the global mess that’s evolved but I can make a pretty good guess as far as the SM goes big money and small speculators as far are either starting to buy and or waiting for what areas of support their going to start buying the major players first for down the road and smaller everyday “ like you and me” chartist or fundamentalist are watching for that level as well as any current opportunity’s. Like that saying buy when bloods in the street. There not gonna get caught up with the emotions or trying not to with the catastrophic unfolding led by the current administration. There looking forward to a bottom lol Thing is they put it on the Feds shoulders and he can’t fix the mess the WH is causing or bad economic choices or maybe only choices of other nations.

Richard640

Posted by ipso facto @ 16:54 on June 18, 2022  

“BTC” Unbelievable! Tough to forecast that!

Buttcoin=17,818.32-2,854. IPSO==Looks like it’s crash city!! But the numb skulls refuse to switch to G&S…so far…Sunday nite’s gonna be interesting…

Posted by Richard640 @ 16:44 on June 18, 2022  

https://finance.yahoo.com/quote/

BTC-USD/17,818.32-2,854.48 (-13.81%)

As of 08:38PM UTC. Market open.

New Poll New Poll

Posted by ipso facto @ 10:50 on June 18, 2022  

Vote! Vote!

@ Metals Guy RE:

Posted by drb2 @ 10:50 on June 18, 2022  

that would be one big deposit !

A bit hard to believe – according to this link it would exceed all the gold in existence.

Assets ranked by Market Cap – CompaniesMarketCap.com

(interesting – Ag to Au ratio is 12:1)

 

Richard640 @ 10:01

Posted by ipso facto @ 10:29 on June 18, 2022  

“We’re sorry we just can’t return your money right now”

What a friggin nightmare! How many lives were and are going to be ruined by this? A new South Seas Bubble!

Buygold

Posted by ipso facto @ 10:01 on June 18, 2022  

“Not sure I’ve ever seen silver positions so close between long/short for the banksters.”

Good observation. They are getting rather close. Let’s hope it leads where we’d like!

Noland on BitCoin=It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: We’re sorry, but we just can’t return your money right now.

Posted by Richard640 @ 10:01 on June 18, 2022  
A modern day bank run, with an unsettling semblance of a collapsing Ponzi Scheme. And as spectacular as this imploding speculative Bubble has become – with millions of unsuspecting “investors” suffering painful losses – from a systemic perspective, it pales in comparison to the unfolding collapse of the Everything Bubble.  

Doug Noland=And with new Inflation Dynamics now favoring energy, commodities and hard assets over suspect financial assets, central bank liquidity injections will increasingly gravitate to real things and away from securities

Posted by Richard640 @ 9:54 on June 18, 2022  
 A new cycle of significantly higher and unstable inflation has taken hold. The downside of global Bubble Dynamics – a shrinking pie, insecurity, angst, and disintegrating relationships and alliances – along with conflict. The Ukrainian war, tit for tat sanctions, and the new Iron Curtain. Meanwhile, cost structures over the years have inflated tremendously in previously low-cost economies China and EM more generally. And with new Inflation Dynamics now favoring energy, commodities and hard assets over suspect financial assets, central bank liquidity injections will increasingly gravitate to real things and away from securities (reinforcing consumer price inflation and imperiling the market liquidity backstop). 

Credit Bubble Bulletin=The Fed is wishful thinking if it actually believes it will stabilize inflation back down near its 2% target.

Posted by Richard640 @ 9:48 on June 18, 2022  
The Fed is wishful thinking if it actually believes it will stabilize inflation back down near its 2% target. For a few decades, the Fed has had the luxury of directing its policy focus to the financial markets. Consumer price inflation was relatively contained and stable. It was also aberrational.  

The inflating global Bubble backdrop created the perception of an expanding economic pie. The forces of cooperation and integration were powerful. Importantly, China, benefiting from the confluence of unlimited cheap finance and globalization, unleashed a historic investment boom. The resulting massive increase in the supply of low-cost manufactured goods (from China and EM more generally) was fundamental to subdued consumer price inflation in the face of historic Credit excess.

The anomalous inflationary dynamic, with asset prices rising more forcefully than consumer prices, proved powerfully self-reinforcing. Global liquidity excess fueled the ongoing investment boom, stoking both growth dynamics and insistent asset inflation. Downward pressures on goods prices, a key inflationary dynamic, were misinterpreted as manifestations of deep-seated disinflationary forces. Then, as asset Bubbles inevitably faltered, the battle cry quickly turned to a whatever it takes fight against the scourge of deflation. Increasingly fanatical monetary inflation repeatedly revived Credit, asset and economic Bubbles.  
 
 

http://creditbubblebulletin.blogspot.com/2022/06/weekly-commentary-bursting-bubbles-and.html

Bitcoin getting crushed again this weekend

Posted by Buygold @ 9:47 on June 18, 2022  
Bitcoin/USD
19,077.6300
-7.5496%

I wonder how long it will take before these Bitcoin miners give up because it’s too expensive to mine the coins?

COT Report looks good

Posted by Buygold @ 9:23 on June 18, 2022  

although it didn’t help us last week, I’d think we could see a big move soon – especially in silver.

Funds getting short while the banksters get long. Not sure I’ve ever seen silver positions so close between long/short for the banksters.

CFTC Commitments of Traders Report – CMX (Futures Only)

MetalsGuy @ 21:00

Posted by ipso facto @ 9:08 on June 18, 2022  

I think they were smoking something really good before they did their figurin!

Gold Train

Posted by Maya @ 1:16 on June 18, 2022  

Coming THRU the mountain with the Rio Grande
https://railpictures.net/photo/792723/

 

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