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

COTS–the honeymoon is over

Posted by Richard640 @ 22:25 on October 7, 2022  

The Commitment of Traders Report

Silver

*The large specs increased their long positions by 1,942 contracts and reduced their shorts by 6,008 contracts.

*The commercials decreased their longs by 1,238 contracts and increased their shorts by 9,519 contracts.

*The small specs increased their longs by 1,359 contracts and reduced their shorts by 1,448 contracts.

Gold

*The large specs increased their long positions by 8,810 contracts and decreased their shorts by 27,494 contracts.

*The commercials decreased their longs by 22,910 contracts and increased their shorts by 11,500 contracts.

*The small specs reduced their longs by 3,621 contracts and reduced their shorts by 1,727 contracts.

Maya @ 21:41

Posted by ipso facto @ 22:02 on October 7, 2022  

Scary moments!

I bet you had some questioning thoughts as you boarded the same plane for the rest of your journey!

WilliamBanzai7 strikes again

Posted by Maya @ 21:47 on October 7, 2022  

 

Sad but true political commentary from the visual combat artist.

Yeah… no smash marks on the engine that hit the ground.

Posted by Maya @ 21:41 on October 7, 2022  

I had a hard 747 landing at LAX one time.  Those mid-rise buildings at the threshold of the runway on either side sometimes disrupt the wind.  We crossed the highway, passed the buildings and were about 100 feet high just over the end of the runway when a side gust apparently hit the wings and we lost lift.  We dropped hard onto the runway, but level at least.  I saw the interior fuselage squash considerably as all the overhead bins opened and rained pillows and blankets on us all.  Flight attendant near me let out a curdling scream, then quiet as we didn’t hear any tearing metal as we rolled out.

At stopover in LAX I saw the pilots and a mechanic carefully inspecting the landing gear and tires.  But we continued on to Hawaii in the same plane.  Smoothest landing ever in Honolulu.  🙂

 

Looks real except the plane isn’t coming apart

Posted by ipso facto @ 21:31 on October 7, 2022  

https://twitter.com/RealJamesWoods/status/1578437066915909632

Maya

Posted by ipso facto @ 21:30 on October 7, 2022  

Hi Maya I deleted it because supposedly it’s a fake. Computer generated.

I’ll go ahead and leave it up.

YIKES!

Posted by Maya @ 21:29 on October 7, 2022  

OMG!  What a ride that must have been..  onboard!  It is a testament to the construction of the 747 that the plane held together!

Pilots have a saying:  “Any landing you can walk away from is a good landing.”

Posted by ipso facto @ 17:58 on October 7, 2022  

The Futures Market and Weekends, Remember?? From Years Ago??

Posted by Mr.Copper @ 16:09 on October 7, 2022  

A lot of the players dreamers and gamblers etc that play that market often avoid exposure during the weekend. For fear of what kind of news might come up during the weekend.

A lousy SM…means no way will PM’s be allowed to shine.

Posted by Maddog @ 15:39 on October 7, 2022  

Sent from a friend: Is the Worst Market Crash in History Just Weeks Away? – Aaron Brickman Interview!

Posted by silverngold @ 15:08 on October 7, 2022  

The most exposing interview I’ve seen on stock market crashes, historical cycles, what makes them work, and why they repeat. This is 2+ hours and worth every second for the knowledge and insight you’ll gain from it.

Friends Guru Says Short Oil Today with SCO

Posted by Mr.Copper @ 15:04 on October 7, 2022  

TZA shorts small caps. TECS shorts teck stocks. SOXS shorts semiconductors. SDS shorts the SnP. UDN shorts the USD. QID shorts Nasdaq 100. Time to fight back? Its a casino economy, and the Fed Powell must be noticing it by now. Haywire, tangled fishing line.

The Dow Jones adjusted for inflation should be at 20,000. It way overshot the curve, momentum, and free money I guess. The Dow was around $1000 in the 1970s times a factor of 20 puts it at $20,000 today. Just like most things are times 20.

Silver was about $1/oz back then so $20 today is about the same.

https://finviz.com/futures_charts.ashx?t=YM&p=m1

Yesterday the guru said short XOM and it is a little down today.

@redneckokie

Posted by Mr.Copper @ 14:55 on October 7, 2022  

You can click around here. But it would probably need higher Copper prices.

https://finance.yahoo.com/quote/CPPMF/community?p=CPPMF

Copper Mountain

Posted by redneckokie1 @ 14:43 on October 7, 2022  

Anybody know anything about Copper Mountain CPPMF? I bought some a few days ago solely on technical factors.

@Buygold @Maddog Re Strong Dollar Policy, It’s Not Working Anymore To Hold Crude or Diesel Oil Down

Posted by Mr.Copper @ 12:59 on October 7, 2022  

In June Oil was $120/bbl, and USD Index was 101. Now USD is 112. It knocked Oil down for a while,  to $77 but that hurt the Oil exporting countries. Oil is coming back strong anyway up to $92 today like 20% higher since the Oct 1st. Because of a production cut, possibly false and misleading statement. Maybe the cut was needed, because nobody needs so much as the economies slow down.

I don’t trust these bozos. I have a sneaky feeling TPTB behind the scenes, really want Oil higher because we are in a global welfare economy. That is failing. Higher Oil is welfare for other countries that sell oil. They need the money to live on. Has anybody noticed that? Shutting down our oil and allowing Venezuela to produce and sell?

And they use the news to tell Saudi Arabia is cutting production, to psychologically raise the price. This is a bunch of crap. Do not believe anything they say, just reverse it. They want a higher Dollar AND higher Oil.

Check out Diesel: https://finviz.com/futures_charts.ashx?t=ENERGY&p=d1

I heard if Oil gets too low it will cause some big bankruptcies.

LOL Actions have consequences

Posted by ipso facto @ 12:30 on October 7, 2022  

‘Sanctuary City’ NYC Mayor Declares State Of Emergency After Migrants Overwhelm Resources

https://www.zerohedge.com/political/sanctuary-city-nyc-mayor-declares-state-emergency-after-migrants-overwhelm-resources

End of week from James Kunstler…

Posted by old-timer @ 12:10 on October 7, 2022  

More grim than usual, with a strange twist to mid-terms, but a happy ending.

November Surprise?

Maddog

Posted by Buygold @ 12:03 on October 7, 2022  

yep, oil is busting a nut today. We already know that inflation is bad for gold. The only thing that matters is the USD and rates. Why not go to cash and put your money in short term bonds?

Then there’s the miners, high oil prices are bad for them.

All that being said, I thought there was a chance the USD would rollover today. Ha! There I go thinking again. The rig is still with us until there is no market.

GFI is up a little and that’s about it.

The SM is way overdue for a Sunday night slam.

Earle going ape….no sir no inflation here…please move along ….nothing to see here.

Posted by Maddog @ 10:56 on October 7, 2022  

Posted by ipso facto @ 10:45 on October 7, 2022  

They just mentioned wage price spiral are they kidding?

Posted by Mr.Copper @ 10:42 on October 7, 2022  

They make it sound like wages of climbing uncontrollable like oil but in my view adjusted for inflation the wage price spiral is going down word for the last 50 years see how they lie?

Mr.Copper

Posted by ipso facto @ 10:39 on October 7, 2022  

No problemo. No reason to delete your post.

Sounds like Kunstler

Posted by ipso facto @ 10:38 on October 7, 2022  

@ ipso facto I should have known better

Posted by Mr.Copper @ 10:37 on October 7, 2022  

So funny. I’m very sorry about that ipso. I changed the post feel free to delete it.

Futures and the Job Report

Posted by Mr.Copper @ 10:32 on October 7, 2022  

Re a note I sent to a friend, John, the charts below show sudden price drops because of a strong jobs report. A knee jerk reaction.

Do you think millions of investors were ready, sitting at their computers waiting for the jobs report?
And as soon as it was reported? So they knee jerked and sold stocks down? All at the same time? That’s what it looks like.
And besides that, we don’t know how accurate the jobs report is or who made the appraisal for whom.
Like jewelry for insurance purposes or a home buyer might ask for a low appraisal. A home seller might want a high appraisal. The appraiser is getting paid and and wants a happy customer. Same with auto body damage. The body shop and the insurance company both have appraisers meeting each other at the shop.
Bottom line. Food for thought. Emotion or opinion changed the indices prices, not a bunch of instant selling. Just a change of numbers. It is reality if you sell or buy later into the numbers.

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

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