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

Didn’t say what’s going to happen in January but said the computer said all hells gonna break loose. I can’t see that looking good for the SM but was pointing to gold.
I’m still speculating on oil near end of the year for next year but will still have stops. Maybe PMs maybe not.

Speculation for a bottom. Thing is the market doesn’t rebound in one big candle and bear runs happen along the way one could jump in and out if they wanted but missing the train doesn’t happen in one day. It more oh man should of bought this months ago.

I’m speculating that this gap up in shorts stocks to create a illusion on Monday they’re gonna attempt to fill the gap and if it doesn’t fill maybe even if it does but for immediate especially if it doesn’t then SM longs are gonna keep heading down.
I remember hearing one institutional trader say the thinks S&P could drop to around 31000 before it’s over. Don’t know but guessing big money is shorting with big money.

Correction Spx 3100 aprox but his opinion.

Its all beginning to sound like the global bullies want Putin (like Trump) out and regime change in the old USSR. A new puppet gov’t. Hell it looks like they did regime change here too, when they threw out Trump with that abnormal questionable election.

Seems like some country or another is always in the doghouse. Cuba, Iran, Afghanistan, Iraq, N. Korea, now its Russia. Who’s next? Well, it would have been USA if Trump stayed. I think Putin liked Trump and got pissed when he saw what the deep state did to Trump before during and after he was elected president.

Stock markets down a lot. Even Oil. A few of my friends got inflation spooked and locked in heating oil prices on the highs. Gad. When prices are high, people think its going higher. When prices are falling to lows, people think its going lower.

Lol ? cash on hand might be a good idea. Patients or go short right now, plenty to choose from.

I’d save yr cash…for when u have to provide a psychiatric report, that proves u weren’t insane when u owned PM shares …..you’ll need the best and they ain’t cheap.

I used to own both CDE and HL many years ago.  If low $2 range is your target for CDE, what is your target for HL? I have some cash to deploy; I could see owning both again.

They are the world’s most innovative company taking worthless saw dust and packing it into all kinds of fancy shapes that people pay a fortune to assemble themselves. I wouldn’t be surprised if they load boats full of worthless mill byproducts, move out to international waters, dump a bunch of crap back into the water and call it furniture. You know many countries do this, this is all the crap you see online with Wayfair and Walmarts of the world. Same with criminal Jake Jabs at American (Chinese) Furniture Warehouse so he can walk around with his spooky white tigers. You can create something from nothing at a bottom-line price, but it comes at unseen costs. Same with Harbor Freight. I’m building a treehouse for my girls and I bought this YUGE 3 foot pipe wrench for $20, the same ones you see at Home Depot for $200 plus made by Milwaukee. I wouldn’t be surprised if they’re cast in the same Chinese Factory. One for Milk-walk-me and the next four for a supplier to HArbor Freight. I’m only using the tool once to install these massive TAB’s (treehouse attachment bolts), and it did the job with ease. HF is an interesting business model that needs to be studied in detail. They’re the fastest retail brick-and-mortar tool sales company in the USA. Plus real tools get stolen from job sites, no one wants a HF tool (that’s a thieving) b/c you can buy one for less than a criminal can pawn one. Need to rent a tools from Home Depot? Don’t bother. If you break it you may have to purchase it. At HF they just give you new ones. Messed up world. Lessons learned by eeos.

https://stockcharts.com/h-sc/ui

I hope so too but how do you deal with people that are so corrupt and have no shame? They’ll just dig in and send their BLM and Antifa idiots to go out and destroy cities. The blue states will encourage it, but the red state governors better send in the police and reserves to crush that kind of shit immediately and throw every one of them in the same type of holding cells they’re using on the Jan. 6th folks. Take away their rights and put them in solitary for a couple years while the Libtard ACLU lawyers scream and squeal like pigs about how unfair and illegal it is.

Geez, these shares are a mess.

I sorta kinda think that already happened on a global scale. As we were told in high school, communism socialism always fails. Well, its failing. Its not Capitalism that is failing around here imo. Capitalism doesn’t exist. Unless you have a separate group of business crossing borders with unfettered activity in various countries. Globalization turned into global socialism, example prosperity in China at USA expense. The global people doing business globally are capitalists.

We all have to go long the USD double bull ticker UUP. LOL of course. But hell UUP is up over 12% on a 6 mo chart, over 20% on a 1 year chart. Gee, maybe I should buy some?

Looking over all my watch lists, the only one looking good is the stock market shorts ETFs like TZA +8% QID +3% SDS +3.5%. On 6 mo charts they are up 40-50%

The best list was related to energy, Oil & Gas Transport and delivery, some still holding up near highs some down a little.

Dollar Bull/shit chart: https://finviz.com/quote.ashx?t=UUP&ty=c&ta=1&p=d

I believe all commodities are traded in US Dollars. The US Dollar is treated like a commodity, so naturally, it also is traded in Dollars. That means to me, all other currencies simply go inverse USD. Clearly seen below. Obviously this is engineered, but for what?? Are they hoping millions of Americans will go on vacation at big discounts in other countries? (welfare)

Yep, all commodities trade in dollars, so they are selling local currency to buy dollars. The key question you ask is to what end? That is what I don’t know yet. Unless they are going re-value the dollar. I don’t see that happening.

Heard a guy on FOX say he’s buying the metals and expects a rally in Nov., Dec. – based solely on the idea that the USD is going to correct. I hope he’s right.

Lastly, it could just be to usher in communism, socialism, Marxism. Everyone’s broke but the elites. Food for thought, Biden has allowed 3 million (at least) immigrants into the country at the same time they are crashing the economy. These migrants will work harder and faster than their citizen counterparts, including the current Hispanic work force. There will be no jobs and the actual citizens will lose theirs to a migrant.

https://goldswitzerland.com/even-a-weaponized-dollar-wont-stop-golds-historical-turning-point/

Out for a while.

Maddog good to see you back.

In the 79-80 inflationary period when the cretins weren’t rigging the gold market, gold had great appreciation. I think it’s under performance is a direct result of gov interference in the markets and eventually the this rig will fail.

As far as deflation I just don’t know. On the one hand bankruptcies and defaults will send a lot of dollars to money heaven on the other hand the gov will be creating funds in a spectacular fashion.

I sure hope this all isn’t settled with gunfire but who can say?

yeah I know the miners have to be struggling. This is a full-blown crash of the commodities. Nat Gas is down from near 10 to 6 and change. I think that’s just in the last few weeks. Oil absolutely getting murdered, no doubt a gift before the election to get gas prices below $3.

I do think that deflation is the best thing for pm’s. Obviously, it doesn’t protect us during inflation, market downturns, war or anything else. It is strictly a function of the USD and rates.

At the end of the day, it seems as though they are crashing the world markets, so none of the people have anything left and are easier (they think) to control by giving minimal handouts.

When we have nothing left to sustain us financially, a lot of the population will turn to their guns like they do now in the hood. I don’t want that, but it will have to happen.

First hour is done, let’s see what happens. Doesn’t look like there’s a comeback in anything, if so, there will be a lot of sleepless nights on Sunday.

https://www.barchart.com/stocks/market-performance

I believe all commodities are traded in US Dollars. The US Dollar is treated like a commodity, so naturally, it also is traded in Dollars. That means to me, all other currencies simply go inverse USD. Clearly seen below. Obviously this is engineered, but for what?? Are they hoping millions of Americans will go on vacation at big discounts in other countries? (welfare)

Or…They want lower energy prices for consumers? (welfare) Lower material prices for EV green energy businesses?? (all welfare at producers expense)

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

but at this rate, that would have been a short week away……

Where is the money going, from selling everything ???????

re your “you don’t know how Europe is surviving the massive inflation, along with all the other countries that need dollars for transactions.”

And USA too. Seems like they just print money and hand it out where its needed. They got a lot of practice during Covid. But sooner or later “they won’t be able to get away with it anymore”.  I also think the local US gov’t underestimates the where with all of a big part of the population, the underground economy. So their inflation fighting hurts the wrong people, collateral damage.

https://twitter.com/WallStreetSilv/status/1573159973449715712

Von der Leyen threatens the Italians: "We will see the result of the vote in Italy. If things go in a difficult direction, we have tools, as in the case of Poland and Hungary." A desperate attempt to influence the vote in Italy that runs towards the far right. Game over Ursula! pic.twitter.com/MhkaiQus9x

— RadioGenoa (@RadioGenoa) September 23, 2022

Moody’s downgrades mining sector outlook to negative

They’re running G & S because the curtain is failing again, they’re like faulk crash the pesky metals again! Print print print

I’d love to see the miners withholding metal off the markets but so many of them are barely getting by that they need every little bit of income. That said delaying projects now will cause a shortage of metal in the future.

I’m a bit awestruck by the decline in gold. I think the rig has been a price killer!