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

Thanks for posting that. I was interested in watching it.
Looks  like the over bought dollar has possibly turned this morning for awhile anyways since it is  in a downtrend.
Been deciding to get my shorts out last couple of days or letting them ride for the next drop.
Gas up, get your shopping done just in case.
gas prices are already ridiculous here and much higher but now two states will be tracked and taxed in their EVs if the people don’t pull out their constitution and rights to privacy,

They  plan to attach a GPS tracker to all EV cars and tax them per mile. Not only tax them but track them where ever they go. Trick and track and tax like a slave for the greater good of climate change. If they don’t fight it and conform it will mean trouble for the other 48.

That will weigh on the HUI, and yet another reason T/A is useless.

The only thing that matters is the price of the metals, and they will never go higher in a paper market.

both of them care deeply about the American people. I listened to the whole interview with Tucker last night, RFK Jr lays out everything perfectly. Really is stunning, especially with Covid, Biolabs and Fauci. Also, what we’ve done to Russia. I go to bed early, but had to keep listening.

Ep. 16 RFK Jr. explains Ukraine, bio-labs, and who killed his uncle pic.twitter.com/RMr5VZVqSM

— Tucker Carlson (@TuckerCarlson) August 14, 2023

I try to stay with facts and common sense when it comes to something like this but I’m really suspecting something pure evil behind the scenes. Hard to think like them but as you could see from the beginning I was calling out the fact the people weren’t warned, Why weren’t they warned and knowing how big this fire was and knowing the weather. When at the very time they needed these people to do their job and needed these alarms which they were meant for where the peoples lives depended on it they chose not to use them.

They chose not to have a structured evacuation or rescue system and people in waters for hours when tide coming in and at night.

Learning more about the aloha spirit of the people and their community it occurred to me why since I could not think like these monsters to even dream this up on fellow Americans or humanity itself. That they  knew their history and refused to be taken over by the Vanguards, Blackrocks, Oprah, or NWO and other nefarious and shameless soulless and greed.
That the majority would never let this evil in and sell to them even in the face of a disaster. Their body’s not even recovered and the frenzy starts to buy their land at a discount.  That’s why they would want them dead. I hope there surviving family’s never let that happen.

Underground Railroad
https://railpictures.net/photo/818428/

“All those cities they built with no one in them are coming back to bite them in the ass!”

Seems like the Chinese, once introduced to a production ‘business’, like to take it ‘to the moon’.  I remember a story from decades back when they first started to export a lot of stuff.  There was a need for shipping containers in China, and the US was shipping in ’empties’ for product returns.  Steelmaker businessman went to China and taught a small village steelworker how to make shipping containers to international standards, then left the business to the locals to run.  They hired everyone around and started mass producing containers.  But they didn’t look at the market needs of what they were actually selling.   They kept overproducing  more and more containers that were not selling, until they finally went bust with a massive inventory of shipping containers that took years to sell off.

Seems like they had the Buzz Lightyear  “To Infinity, and beyond” attitude about business sales.

“RFKjr and Tucker Carlson” Sounds like a ticket.

Seems like most of the world is in a pickle financially, including all of us who have held gold for all these years. That being said, I still don’t know what this country looks like in the next 12 months, but despite the lunatic left which are a lot fewer than they seem, a lot of people are waking up, even former Democrats – one that stopped me in the gym today because I had a red hat on. She’s a convert and will vote Trump.

I’ve got to watch the Tucker interview with RFK Jr. Apparently, he wants to break things in the Gov’t. too and explains why we’re really in Ukraine. Something has to give.

Internally China sure is in a financial pickle. Outside the country they seem to be growing in strength and power. The establishment of a backed BRICs currency should really help them. They can’t let these huge “banks” fail because of the contagion risk, so I think their gov has no choice but to bail them out.

Maybe they’ll have an internal currency that is going to be chopped up by inflation and an external one which will be backed by gold etc. and be stable. Just ruminating.

All those cities they built with no one in them are coming back to bite them in the ass!

So, China’s economy is in the tank because demand has fallen off a cliff here in the states and around the world. Their largest bank is insolvent – like the Fed – but they don’t have the reserve currency and no one has to buy their bonds or use Yuan.

How do they fix their system? Do they devalue the Yuan? What is the incentive for them and the rest of the BRICS to back their currency with gold? What am I missing?

Thing is, the only way a BRICS currency is going to carry any weight at all is if they back it.

Otherwise, I see China’s option as war to distract the masses. What a mess.

Yes, they are selling for $20K but the dealer will only pay you $15K – quite the racket.

Problem is, there’s plenty of stock for silver across the board. Same with gold. No one’s buying, at least not the public.

Silver Bullion Coins and Bars – Best Price + Free Shipping = Happiness (golddealer.com)

Why is there such a frenzy to buy up burned Maui?

https://www.zerohedge.com/personal-finance/why-there-such-frenzy-buy-properties-were-just-burned-down-during-fires-hawaii

I hate to admit it because I never worked for this station cluster, but the most complete broadcast news you will find from Hawaii and the Maui disaster is here:

https://www.hawaiinewsnow.com/news/

Goldi – RE:  Schooling     Refugees are being told to bring their kids to a school near where they are long-term sheltering, even if far from their ‘home’ area.

If you only knew how much we have in common. Long Island,  East West… North South. Been there done that. Grumman.. know it well. Nope, not going to argue with an LI boy. Some day maybe i can explain. PEACE!

Sicko!

I see we have a difference of the future. I’m saying gold is in a down leg of the uptrend that started in September at $1600, and I’m betting we stay above $1900 and you are saying we are going lower. It will be interesting to see how it goes.

https://finviz.com/futures_charts.ashx?t=GC&p=d

Thanks for the info. But I’m trusting APMEX, they show gold at $1908 down $9. Finviz delayed shows Gold at $1927.

Furious Investors Protest Outside China’s Insolvent Shadow Banking Giant After It Misses Payments, Warns “Liquidity Has Suddenly Dried Up”

… overnight Bloomberg reported that Zhongrong’s troubles have accelerated and the asset manager not only missed payments on dozens of products – adding to delays on at least 10 others since late July – but “has no immediate plan to make clients whole, indicating troubles at the embattled Chinese shadow bank are deeper than previously known.”

The troubles are so deep in fact, that Zhongrong – which is one of the largest players in China’s $3 trillion shadow banking industry – appears to be effectively insolvent: “the company doesn’t have an immediate plan to cover the payments since its short-term liquidity has suddenly dried up”, said Wang Qiang, board secretary of the firm partly owned by financial giant Zhongzhi Enterprise Group

https://www.zerohedge.com/markets/furious-investors-protest-outside-chinas-insolvent-shadow-banking-giant-after-it-misses

What really happened here.  The A wave down ended on June 29th. The B wave up then lasted for almost 3 weeks.  We are now in the C wave down awaiting the final capitulation bottom. Where is that final Int. bottom? The best that I can hope for is $1875 on the weekly charts. The worst is $1840, again weekly charts. Many juniors have already bottomed without splitting nickles , so to speak.

Someone more versed in the futures market than me could give an explanation why the prices jump around. Some months are delivery months, sometimes you’re looking at a close delivery date, sometimes months out etc …

For spot gold kitco seems pretty good.

https://www.kitco.com/ then enlarge the chart.

I like the Comdirect charts too although they are fifteen minute delayed.

https://www.comdirect.de/inf/indizes/detail/chart_big_kd.html?ID_NOTATION=1326189&timeSpan=1D&chartType=candle&openerPageId=indizes.detail.chart_kd.middle&BRANCHEN_FILTER=false&ID_NOTATION_INDEX=&fromDate=23.10.2012&toDate=24.10.2012&interactivequotes=false&useFixAverage=true&fixAverage0=0&fixAverage1=0&freeAverage0=&freeAverage1=&freeAverage2=&chartIndicator=&indicatorsBelowChart=VOLUME&indicatorsBelowChart=

Re your “I think those higher prices you see are futures prices months out.” You’re probably right, but why the sudden change? I notice the higher “spot” started on Fox business news. Then later it started on CNBC news. I still haven’t heard a word on why they changed things. Why would they want to show a $30 higher gold price to the public?

I think we’re close to a bottom as well. Of course you never know when the riggers will make a maximum effort …

I think those higher prices you see are futures prices months out.

A $1,000 bag contains 715 ounces of pure silver. So $20,649 divided by 715 ozs, $27.88 per ounce, or $6.19 more than spot, of $22.69 today.

Buy 90% Silver Coins – $1,000 Face Value Bag | APMEX

Those are my views also. Below a post from late June. Spot had dipped below $1900. The Fed would have to raise rates a lot higher to kill gold, and even that may not work for them. Strange thing I noticed recently spot gold on tv keeps showing spot gold about $20 higher than spot gold on dealer’s web sites. APMEX shows spot at $1917 with spot at $1935 in Finfiz.

@Alex re Did we see the bottom for Gold this morning? Yes

Treasuries are decisively breaking below the levels that triggered the recent banking issues.

Here is a reminder that the inflated valuation of financial assets hinges on a low cost of capital environment, a circumstance that no longer holds true today.

Investors are starting… pic.twitter.com/hYaAuf02Du

— Otavio (Tavi) Costa (@TaviCosta) August 15, 2023