GoldTent Oasis is dedicated to our friend and founder John F. Murphy (Wanka) of Key West, Florida without whom this website would not exist. Gone but never forgotten.
ENTER ~ Post by the Golden Rule. Gentlemanly conduct is the attire of the day. GoldTent Oasis is not responsible for content or accuracy of posts DYODD. ~~~~~~~
He discovered some differences in aircrafts and brought up the right seat today. I mentioned according to someone familiar with different types. Also the helmets can hear the towers. The plane was coming from the left, the person in the left should be watching. Tower never gave coordinates I wonder if the plane they saw was the plane taking off, not the plane coming in to the left of them. Again being in a hurry. Instead of ATC having the plane on the ground wait two minutes for the plane to land first instead of moving him somewhere else I wonder if this would of happened. Fact was someone who’s barely familiar with flying the copter, a green horn, who was it that ordered her to fly around a airport only the skilled could handle and thought it was dangerous and aware of dangers a newbie wouldn’t even on a good day.
Good day for us, especially the shares. I saw volume pick up across the board. That’s a good sign to me. I know they took the metals down some later in the day, but I liked how some short covering came in at the close to push the shares up. We would have cratered a year ago.
I’m not sure what the shortage is all about, premiums at my dealer are about 6% for gold coins. They are $5 for silver, which seems high, but there is plenty of stock.
I spent a summer traveling around Europe, British Isles, and Scandinavia when I was in college, about 1973. A couple of weeks in France. I distinctly remember a difference in how we were regarded by the generations. Younger people neutral to positive to negative depending on the subject, but the older ones, the ones who remembered WWII and the Allied liberation, loved us. I can’t speak to what class they were, but I remember their appreciation and affection for Americans.
Thanks for the info, I never thought the French elites liked German influence, an interesting point. Many years ago I heard that Hitler didn’t really want to bomb Londen, because he said “They are just like us” .
The original agreement was to not bomb the cities. So the Germans started bombing the Royal Airforce on the ground, so England, to stop that, they started bombing German cities, encouraging the Germans to stop bombing the Royal Airforce and bomb Londen.
Never under estimate the power of unbacked paper money to finance wars. Thats why they created the Federal Reserve System, of 1913 so the US could finance foreign wars. Note WW I 1917.
Your right, many good points, agreed. Plus, the slow weaning the US off the gold standard starting in 1913, has the original US Dollar down to a fed note penny I’ll bet. So anyway, people naturally put their savings into stocks bonds and real estate.
So, if everything is in reverse, my belief since 9/11, than over time stocks bonds and real estate will go down and the value of the US Dollar (and or gold) will rise in value. Try to imaging a new US made car for $300 and a penny buying a US Stamp again.
In my view the people behind the scenes in the gov’t know this and have been taking advantage of the Fiat money still working, so they keep printing and pissing them away, like bombing and then rebuilding Gaza for only one example.
It’s a shame that we aren’t still on the gold standard. Going to a full fiat money system has caused terrible inflation and allowed those in control to siphon off more of the GDP than they should be entitled to, also it allows for a much higher amount of corruption than before. Fiat currencies always crash and burn and there is no reason to think the dollar will be different. Five years 25 years … who knows.
Cheers
PS I remember when being just a youngster that my Dad was all pissed off at the French for taking our gold! LOL
Yr right it was France that forced Nixon to cancel the Gold Standard, by trying ti take all yr Gold……typical French…the elites there hate that you rescued them from the Germans.
Thats true, I was employed in manufacturing since 1962, and by 1970 I knew it was over. I think I mentioned it hear long ago, that foreign countries in Europe, France I thing was the worse, were redeeming exported US Dollars for our Gold at $35/oz official price, but it was trading for $140 per oz unofficially.
So the US had to stop our artificially cheap gold outflow. So after we cut them off at the knees, they proceeded to take away our manufacturing jobs instead. Like Trump said, Europe was always taking advantage of the USA. When I was a kid I was calling us the United States of Europe. Now I’m thinking we are the United States of Israel. 🙂
I think you’re right brother and for the first time in awhile it may not matter what the SM does. That would be the hope anyway. I like to that we’re seeing money come in across the board and the midgets are starting to see some buyers. Been a long time.
Yeah their out there all over the place like buygold said gashing of teeth having a melt down. It’s also showing is how stupid. Like their breach of Fiduciary duty and outright theft that put us in this debt and the things they spent it on with no regard on price and costs either of other people’s money.
I posted the other day that when the 50 Av’s drops to kiss the 200 AV , or briefly drops below and then recovers back up, which can happen over quite some time, it is often the start of a big bull run……well the PM shares and Silver are doing just that so far….
Plat and Pall are gonna be wild until this tariff stand off gets understood …Elon’s family still live in SA, especially his dad, so President Trump is well aware of the true situation and so far the SA government is telling Trump to rotate.
I think yr dead right about lousy liquidity, tks to people pulling out….but my reading is that if huge tariffs go on, then supply drys up and price explode…..