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

BofA continues buying gold on the March contract, now at 2.7 tonne, even though gold prices have increased sharply. That’s some conviction … for a bank.

Reddit's site is down, so look later at:https://t.co/ZbmnxFPmuq pic.twitter.com/JXyiKhUIlx

— Michael Lynch (@DtDS_WSS) March 14, 2023

I’m glad I didn’t sell any this time but I know people buy or pump for the divi so holders may sell a few shares into it then it goes back down they buy it back. It’s like a collective play at the card table of unspoken words. This news came out yeah but usually goes back down way before the ex date and they buy back. I expected this divi would be a little more but it’s surprised at current prices. I’m glad your happy but this is no time to be pumping the stock. That fall before the news was saying shut up lol Tell them after and they’ll still have time and if not another time. When it was not moving is when they should have got in. Despite the pattern it’s formed.
Tell your wife she’s more than welcome and hope it lasts generations if they don’t try to day trade it lol

ZIM has a picture perfect cup-and-handle bottom on the chart. It should be good for some upside movement.

I have been busy building a new house and shop. I hope to start processing medical marijuana this summer. I’m keeping my funds risk free (mostly) until I get the house finished and processing is flowing cash again.

I’m approaching 75 years old. You would think I would know better!

Good to see u posting again…..

We’ve found a new super stock…ZIM…it trades happily 10 % per day…on Monday it was up 24 % at one stage…ended up near 7%..today up 10 %…but it did drop 24 % recently….and pays a divi of @ 50 %……!!!!!

Re GPL…r u sure as it still has a web site and trades on the pink sheets as GPLDF……..how do I know it is GPL…it was DOWN nearly 17 % today…only GPL can do that while all other PM stox soar!!!!

https://www.greatpanther.com/investors/stock-information/

Insurance companies have similar reserve requirements as banks. They are now holding underwater bonds to pay future claims. Tornado season is coming up soon. Higher than normal catastrophic losses would severely reduce the capacity of those companies to exist.

Long term bonds have fallen over 20% in value. If those companies had to mark their reserves to market value, they would have to severely reduce their exposure (not renew policies).

Property an casualty companies may be the short of a lifetime soon.

On another note, keep stacking the phiz. The moronathon in Washington DC may be approaching the finish line. The idiots have been exposed!

https://palexander.substack.com/p/large-airliner-with-hundreds-on-board?publication_id=579356&post_id=108231872&isFreemail=false

Silicon Valley Bank Was a Wall Street IPO Pipeline in Drag as a Federally-Insured Bank; FHLB of San Francisco Was Quietly Bailing It Out

The Governor was also bailed out.!

Anyone have any thoughts on what’s going on with oil?

Is it a demand story?

Bitcoin was up $2K earlier in the day, now up $500. Once again it proves that Bitcoin is too volatile to be a currency.

I think we have just seen the FDIC bail out the ‘wokies’ first , and then will tell the rest of us that the funds are depleted when the cascade of failures hits our formerly better-positioned banks .

CEO’s do need more skin in the game . That applies , too , to management of our PM mining stocks .

All these manufactured crises have always been about one thing, consolidating these banks into fewer and fewer hands. 2008 was highly successful for them.

Flat day to absorb yesterday’s gains. I’m betting a good pop tomorrow after the PPI comes out.

Who knows? Maybe there’ll be another bank meltdown by then.

Russian fighter jet intercepts, dumps fuel on and then collides with $32M American Reaper drone operating within international airspace – sending it crashing into Black Sea

https://www.dailymail.co.uk/news/article-11859443/Russian-fighter-jet-CRASHES-Reaper-drone-Black-Sea.html

Good idea!

If you look at the chain of events one might think the plan is to shut down small banks.   Of course SVB was a tinderbox that only needed a match.  That causes a panic for those businesses using small banks so they withdraw sums.  Then you tax these small banks to also pressure them.

aurum

needs to have some risk ,just like depositors .They should be held legally libel for bank losses .Some skin in the game to go along with their bonuses and paychecks ….They make decisions with other peoples money ,theirs should be included .

You guys remember that dog? GPL had a reverse split in July. I had some long ago and it just kept dropping, to about .07 cents/sh. Went bankrupt and next thing I know it had a new ticker. ORLA. And the dumb thing is up 80% from the July low, $2.40 to $4.40 today.

https://finviz.com/quote.ashx?t=ORLA&ty=c&ta=1&p=d

they are waiting for Trump to get into office to get blamed for everything …DEMS cant run governments ,they just look for scrapegoats…and they are successful with voters..

But but Dementia Joe said the taxpayers wouldn’t have to pay for the bailouts!

Double, double toil and trouble;
Fire burn and caldron bubble.

Re who pays…u do because u worked hard , saved and invested wisely and now they don’t have any, because they were off chasing unicorns and saving the planet…. and u do and that is soooooo unfair,….so cough up…..Welcome to Wokistan

Hard to see a solution at this point. Regulation is a real killer of small business … plus all the Covid restrictions …

Good to see the Dutch protesting against the farmland grab there. Now if they can just ditch their WEF leadership!

My stocks have held yesterdays gains ,but the flower children in California dont lose deposits ,so who pays the bill ?