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

This is a “sit on the edge of your seat” presentation by Mike Adams, and it exposes many things that have been bothering me too. Only 24 minutes so please watch.

https://www.brighteon.com/3b571706-ee48-4b2a-b854-ecc61df61481

To be ahead of the game and position yourself on the right side of the next 10 years. Simon was for Trump and is called a self hating Jew. That he doesn’t agree with everything but he knows there is a systemic change from what  was leading us into WW111 from Biden that changed with Trump. That there will be a change in Isreal and a peace deal that includes a equal agreement with Iran. That won’t be easy.  Europe not so good. They’re playing into the debt slave, net zero path to social credit scores.  There was QA with this one talking about how to prepare. That AI and everything that goes with it like chips, energy,  is unstoppable and where you want to position yourself along with self custody Bitcoin and Gold. A lot of info. To decide where you want to live, buy local, support your communities, don’t buy into debt or anything that feeds into the machine. I had to scroll through some of the QA but the beginning Simon explains how the Fed and central banks have been merging. Then other layers. He is including all countries.

Our real export strength would be in agriculture and eventually oil. Weapons of war is something we’re pretty good at.

Point taken, yes, a weaker dollar will make imports more expensive, but that’s probably the idea. Make them expensive enough that we buy our own stuff.

As for the dollar reserve currency and strength. The dollar now is ridiculously strong against the other fiat around the world, including the Aussie dollar. I know you remember back in the late 90’s, early 2000’s the Euro was 1.63 – 1, now 1.13, the Sterling around the same. I think the Mexican Peso got up to an 8-1 ratio, now 22 or so. Point is, the dollar has a long way to fall if they want it to.

There is no currency to replace it unless the BRICS actually bring back a system with a gold or other backed currency meant for everyday use, not just something that settles international trade.

The Chinese yuan is not viable, they could back it with gold I suppose to make it viable, but then they’d lose their ability to stimulate their economy with fiat as they are doing right now. I suspect a gold-backed Yuan would also make their exports more expensive which isn’t conducive to an export economy.

It’s a fiat mess out there. I’ve always believed the first country to back their fiat with gold ultimately wins the game, but the attractiveness of money printing from thin air is just too irresistible, especially as long as others are willing to take paper for real goods and labor.

Cajon Pass, the rail route out of the LA basin
https://www.railpictures.net/photo/877821/

In Oz, everything related to retirement funds is called Super(annuation). And starting in 1990 the Govt. decreed that employees must contribute 10% (the SGL, Superannuation Guarantee Levy) to employees’ super funds. This is clearly an effort by government to reduce the burden on the state at retirement, and let’s face it is a mostly sensible thing. The SGL contributions are held by Super companies in specific accounts, so what your employer put in is yours, plus investment income less taxes and Super company charges. There are tax concessions for you to add to your super from your own savings. It is supposed to be a tax advantageous investment option. The super funds offer many options for investment; hi-growth, conservative, cash, foreign stocks, Australian stocks, green stocks …. the permutations are endless.

35 years on and the amounts invested in super have naturally grown. To the extent that the major super funds now consider that, as funds own ~40% of Australian equities, they can’t justify investing any more in our home grown markets, and have to look to overseas equities, which already comprise 33% of AUM, for more opportunities. Setting aside the fact that they presumably think that blindly continuing to invest in the Aussie markets for patriotic reasons would be inflationary to stock prices – to what extent has the compulsory injection of AU$3.84tn into the markets distorted asset prices already? And now more money that has to be invested is looking for homes in overseas stock markets. Because nearly everyone has super, then nearly everyone is affected by SM crashes, compounded by the fact that if you have a falling AUD then you’re losing more money on the exchange rate on your overseas stocks or bonds. I bet next to none understand the exchange rate risk of investing overseas.

Anyway, I reckon your observations are spot on. For all sorts of reasons asset prices are inflated, and the pain of unwinding will be immense for many people. The biggest cause of asset inflation is debt, and we know how much unwinding has to take place there.

Abolish debt.

Government makes bad parents on a general rule especially if they’re Democrats.

This one in Australia is a exception, but a super dad who saved a child. He prevented mutilation pushed upon him by external forces who denied the child was being influenced by external forces when that’s exactly what they are.

The ruling is ‘devastating for the dominant gender-affirming model with its promotion of puberty blockers, hormones and surgery’ noted one pundit.

In his landmark ruling, Justice Andrew Strum awarded sole custody of a 12-year-old boy to his father in order to stop the boy’s mother’s relentless push – with the aid of a leading “gender clinic ” – to “transition” her son through the use of harmful puberty blockers. The mother’s efforts had gone on for six years.

“This could signal a return to common sense and justice for child safeguarding in Australian courts,” noted Binary.org’s Kirralie Smith.

https://www.lifesitenews.com/news/australian-father-wins-custody-of-12-year-old-son-to-stop-gender-transition-pushed-by-mother/?

It “could” do this or it could do that but if it doesn’t Im not gonna get blamed for it.

Getting out of a gold intoxication and down to charting. Since the RHS the difference between the shoulders and head was about 500, I make it the easy way”  which made the breakout from the  shoulder of 2100 approximately 2600 but never exact and passed a bit past 2700 but consolidated at 2600 or 500 plus 2100. From there is when you have to watch out if it ” the 500 doubles again and it did. It went from 2600 to 3200 passing it again. So if it consolidates at 3100 then watch out, stay alert and have stops in place Just saying.

There is no exact numbers so just watch out. Just in case forewarned is forearmed.

Euroweenies maybe. Lol

I’m glad you brought up the Aden sisters. The way things are going this time seems like gold could continue to shine for years to come. But they are probably following the general 10 yr pattern followed by a 4 yr take down. It’s when it’ perceived to start again after the 2011 high last time first in silver then in gold then the 4 yr draw down would it be 2015-16 in 10 yrs leading to 2025-26.  Seems different this time but just saying.

Re What do you guys export anyways. That’s the point. It used to be everything and we were constantly inventing new things to make life easier. But came the problem especially after WW11 is people in other countries weren’t able to buy if they themselves didn’t have exports and that’s how that got started but other countries particularly China got a little too greedy  while at the same time we had criminals in government selling us our making it worse like Clinton’s and NAFTA. Everyone wanted a piece of the pie invited or not  like a frenzy either by outsourcing or coming here even if not needed because no limits were set.  As far as the dollar country’s with no industry’s or products to sell their dollar gets weak even without theft. Zimbabwe  Trump’s putting a stop to it all.

Unless your planning on buying a new car with prices offset on what’s made here I wouldn’t worry much about that as much as medicine and if you have enough to get you through any interruption if in the US anyways until we get our manufacturing back which was insane to farm out in the first place.

I can’t read the article either, but a lower dollar has many facets. Yes, it makes your exports cheaper, but it makes your imports more expensive, Stellantis are saying tariffs will add $5,000 per vehicle because of the volume of parts made overseas so in addition to tariffs they’ll be paying a currency premium too – a lower dollar is price inflationary.

The USD is supposed to be the reserve currency. To be relevant a reserve currency has to be strong, it’s pretty much the definition of a reserve currency! A reserve currency is used for international trade, international currency reserves, acquiring US treasuries as another form of currency reserve; it’s a matter of national pride too. Trump’s risking the reserve currency status here, playing directly into the hands of the Chinese. Especially if they devalue the Yuan themselves as a reaction to tariffs after the USD devalues, Trump can hardly point the finger at them for trying to race him to the bottom.

As the USD weakens, at what point does it reach a Minsky moment when hitherto USD lovers say “hang on, how much lower can this thing go? What’re ‘loose cannon’ Trump’s plans here? Our USTs are falling in value every day as shown by the increase in yields. Should we sell now, particularly as we have that basis trade thingy hanging over yields too?”. Because the USD isn’t backed by anything. The Aussie is backed by commodities – high demand for coal and iron ore (hello China) higher AUD. Norwegian and Middle Eastern countries likewise with oil. America? Armaments to a certain extent, Boeings, debt, but no definable backstop for the USD.

What exports will actually benefit from a lower dollar? What do you export nowadays anyway? We see American foodstuffs on our shelves like almonds, and maybe bacon, but we also have almond growers here too and we will always buy Australian given the chance – we definitely don’t buy Chinese, and if the country of origin isn’t actually stated then we don’t buy. In Oz, COO must be stated but there’s  loophole whereby they can say, on ham for example, “Australian content <27%” (which always makes me laugh, how can a pig be 26% Australian and 74% somewhere else!) without specifying where the balance comes from. No deal from the ferrets. Sure we don’t mind buying American, but we don’t see it often.

But. as you say, none of the above is negative for gold. Just the opposite.

When we were a founding nation and got our independence in 1776, we won our independence in the world. And we had Gold and Silver as money. Zero inflation. But by 1907 the global bankers (no allegiance to any country) started meetings to get us to form a central bank, which the founding fathers abhorred.

By 1913 they got it pushed thru Congress, the camel got its nose under the tent, with the new world order of the Fed Res Act. Just so the USA could finance wars so the bankers could make money from interest rate loans.

Bottom line. Over time they gradually weaned Gold and Silver money out of our system, over more time people realized the fake money would lose value over time. US Dollars became a Time Wasting Asset.

So people for their savings turned their money into Stocks Bonds and Real Estate. With everything in reverse, Stocks Bonds and Real estate will go down, and Gold probably along with Silver, will go up in value. This deflationary trend has already started with less gold (real money) required to buy houses and so many other things.

If stocks bonds and real estate drop, it would be huge drop in money supply. Things get cheaper. The last time TPTB decided to kill the money supply was in 1982 with a 21% prime interest rate. They wiped out millions of inflation invested people, stocks bonds and real estate went NOWHERE from 1968 to 1982. After which they started dropping rates. And started a new game that lasted until 9/11/01 which ended the game.

Bonds have been dropping, with interest rates rising since 2020.

Postscript Document

If not, they seemed to be limping a little bit and having to pick their spots. Gold is simply too strong.

It sure seemed like they gave it all they had last Thurs., Fri, and Monday before it blew up in their faces on Tuesday, especially in silver. Silver has the most unbelievably mangled, manipulated chart I’ve ever seen. RSI is still below 50, and nothing but air up above just to get us back to where we were.

It feels like that last silver dump of $5 over 3 days, was a hail Mary and a last call for whoever needed to cover their positions.

Just conjecture on my part, but we might see something spectacular in silver here soon.

Smokin’s the hopium tonight. Maybe Larry Fink is losing his grip on the US markets a little bit and regular people get to win for a while.

Earnings are going to explode….and the shorts have to pay them……

Maybe they are euroweeny haters …….

You bet! The Adens have been pretty good I think … a several year gold bull would suit me just fine!

All the gold brought into Comex since December could be gone by June – if not sooner.

Gold vault additions slow while physical gold bought for immediate delivery are at record highs

The cabal is screwed.

Chuckle

Re Maund..tks for that…..the Adens have said for quite a while that they expect Gold to top in 26/27 and more likely 27, as they have seen a huge bull coming…their proprietary indicators have plenty of room to rise. particularly the Long Term one.

10 yr @ 4.47% down from 4.62%
Dollar strengthened a bit because of it.

Have to love the reaction, SM pops, pm’s soften a little, but pm shares pop with the SM. Dollar slips back a little and pm’s rise.

THIS IS NORMAL MARKET ACTION!?

I’m not seeing the ones into Bitcoin as Trump haters. Actually it would be kinda hypocritical if they did as far as getting out of fiat instead of making money out of it  but might be a geographical thing and now tarriffs in their own interest even though they know things aren’t working the way they are now.

… how small juniors don’t start outperforming here …

The ratio is clearly at an extreme.

This would signal the end of the sector intermediate term move is still weeks away – maybe May.

This would signal a correction into Fall (tops in May often bottom in November) – just like in year 2000 – the start of the last larger cycle move that lasted 10-years.

Cheers all

Chinas devaluation of their paper money results in inflation for the people over exports along with not raising wages or pensions I can guess if any and tarriffs going into Zee’s pockets while treating the citizens as slaves. They can’t even leave their neighborhood without permission from a ID machine.  Their social programs and orphanages are horrible and if they have medical issues they let them die. But the left around the world want to follow that model that’s doomed to fail.

Ipso Trump has been criticizing the Fed for destroying this country was before he became president. One of the few billionaires who put principle over money or exploiting it for themselves. Why should the Fed care if there’s no one that will hold them accountable. Fed also gives in to corruption for a sort of quid quo pro. They bail each other out.  They bail out banks, mortgage backed securities, hedge funds,  in turn they buy treasuries.They lose nothing the people lose everything.

I can understand what you mean though like if the traitors were in charge again but Powell isn’t exactly working for the people anyways.

but I believe it’s an important point in that a weaker dollar will offset the tariffs by making our goods more affordable overseas.

China has been getting away with this for decades. I’m pretty sure the administration wants a weaker dollar as inflation cools, and they are getting both right now. The cog in the wheel for them is the Bond market. They definitely don’t want rates out of control.

I give it another week before Trump starts getting really loud and up in the Fed’s face about lowering rates by any means necessary. Probably QE.

Don’t think any scenario at the moment is bad for our metals though.

I’ve got a warm tingly feeling all over. It’s time to get solvent!