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

Wasn’t his Dad a gold bug way back? Maybe his investing style still needs to mature a bit … 🙂

ipso, difficult to work out the differences between countries. Exchange rates are a factor, this year my son was working for his company in Dallas for three months on an exchange, but paid in AUD still. The company paid for his accomodation and a car, but he reckons he just broke even. Property, we took over a million migrants in the last couple of years. Nobody voted for it, nobody really knew. Most would have to have been fairly wealthy to get in, but that just puts property under huge pressure, adding 4% to the population with no plans for more houses. Prices have doubled in five years, helped by very low rates and covid stimulus, and yes, it’s very difficult for young’uns now. Food prices are still ridiculous. Hopefully the tariffs will push more home grown beef into our market – not that you don’t need it with your herd at a 70 year low!

But we ain’t seen nuthin’ yet. Our prosperity is joined at the hip with China’s, and with that economy in collapse when it filters (cascades?) through to us then we will see real problems, property prices collapsing and mortgages under water. Then goldie’s banks will be reaping their rewards. Like Solomon said, even the evildoers prosper, and this is a puzzle.

Because it also mining copper with gold at the for front.

https://www.marketwatch.com/story/barrick-gold-changing-name-to-barrick-mining-nyse-symbol-to-b-from-gold-f0d353ae?mod=search_headline

I feel sorry for the coming generations. The country is so much in debt, and the people too so that the future is going to be much less prosperous than now. We’re already sliding that way. Even though the top earning people are doing well the poor class is growing. I don’t know how it is in Australia but here in the US I have never seen this huge homeless problem before. More and more people can’t afford to put a roof over their heads. I know that there are various causes of this but one of the biggest is just that housing is so expensive … with different reasons for that as well.

Right and the banks don’t pay savers any real interest in money they put in their banks they then make money on by lending out to others then have the audacity to charge some a service fee or ask you why you want you money. If they want interest they would be better off buying shares of the bank or credit card companies or other investments other than keeping it there.

BTW besides Warren Buffett who went to cash by billions Jeff Bezos is planning on selling billions worth of his Amazon stock by the end of May 2026. I wonder where he’s going to park it.

They love it! They love being slaves to the credit card and car loan bankers. They want to pay heaps of interest for stuff they want, but don’t need. It’s all voluntary.

Back in the sixties HP (hire purchase) finance in the UK was known as “the never-never”, as in, never, never use it, because you become a debt slave. Even though it required a third down to buy restricted items: only things like furniture were allowed. Then came the credit cards – again, initially with restrictions, supermarkets couldn’t offer payment by them. But now, well, you know what it’s like now. Holidays, gifts (why are you paying interest at 25%+ to give someone something you can’t afford?) hell, even illegal stuff like drugs and sex are payable on cards, and legal evils, like smokes, gambling and donations to political parties.

Debt is inflationary – it’s just money printing. There is no such thing as good debt, that’s just a phrase used by the marketers to suck people in. Abolish debt.

You summed that up. They are greed motivated predators who need consumers making them rich, not investors or savers to exist. Something schools should teach children.

Looks like a good place for the shares to turn higher! They wouldn’t disappoint me … right?

There’s not much reason to love the bankers these days. Has there ever been? They gobble up all the single family homes and then everyone can rent their house, and lease their car and become indebted to credit cards. Under these circumstances people are little better than slaves.

Who would have thought?

Even silver is holding some gains that seemed unlikely earlier.

The 2% rule for gold has been shredded lately.

You know what else they’re doing they did back then to buy back then when people walked who could pay it walked because they couldn’t sell wanting to move especially over death, injuries or different jobs since there’s were gone. This time they’re coming on like they’re doing home owners a favor by buying their house but for 30% less than the value so they can flip it.

Dollar sure did a job on oil and food back then but it also did a job on housing via  banking wanting to give loans on non fixed variable interest to make the most money they could off people with predatory lending and mortgage back securities which caused people getting what they thought was a temporary loan to sell and others while banks wanting to make as much money off them they could of steal their assets,  then  entrapping temp loans, sellers home improvement, renters and flippers with no thought what the result would be when they sold to first time buyers on mortgages they couldn’t afford ,   raised their mortgage, refused to others on variable interest  refused to refi on ac fixed rate,  and couldn’t sell  causing  a crash and a heck if you do bring the dollar  up or heck of you don’t. People may have saved gold or silver could of  suddenly had their worst case scenario and needed to sell it not buy it.

This time we had greedy predatory buying by wall street and mortgage backed securities from the Fed to make as much money off people by renting this time and the RBB startups at  unstable and unaffordable prices again to get more money than people could afford off them. Now we still have a bunch of homeless out there refusing to pay that amount, not just drug addicted out there too they don’t try to give them help and a pathway out just enable them to kill themselves and cause collateral damage as the drugs spread into the community’s. Those who may want to move with current interest rates doubling or more the costs won’t sell.

Looking back at that past the question will be unless war and institutions as the prices moving higher will it continue at the fast pace or slow in pace plus the competition of crypto where they can use small amounts of money to accumulate. Perhaps unless more institutional buying it could move more slowly at times. But what it does tell you is people buy for  worst case scenarios not necessarily when they’re in one and need it. I don’t know what that would look like in the global level other than demand for solid money over depreciating fiat.

I see, I do remember now. You’d definitely think the metals would be much higher, ergo the shares too. 😁

Yes I remember and other than crazies in Europe wanting to cause it with nukes does it have to be fire itself or something like volcanos destroying land and  shutting out the sun. My question back then was ” next time.” Of course then I was pretty young and a bit blind from the world until, so there’s no hope for us in this life, it’s just rince and repeat.

I haven’t watched much on Greg’s podcast lately to searching through  I found this one with a Doctor Betsy on not only vaxx injury but going into the detail in physiology of how treatments with Ivermectin and others kill the cancer cells. That’s good information for everyone to have.

I’m not throwing things out to go here or there but FYI for everyone. Although if you do have multiple myeloma I hope your Doctor knows about the CAR T cell treatment that can bring on long remissions. I found somewhere along the line 20 yrs and counting. Wanka got that surprise. That would be a priority but wouldn’t hurt to follow any information  Betsy and the Flccc on cancer that big pharma doesn’t want us to know.

Everyone Needs Treatment for CV19 Bioweapon Vax – Dr. Betsy Eads

Looks like the DXY did get down to around 70 in the 08-09 time period.

I think the PM shares would be flying in that case!

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Index&symb=DXY&time=20&startdate=1%2F4%2F1999&enddate=5%2F5%2F2025&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=2&x=53&y=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=8

Is it my imagination or did the DXY get down in the 70’s back in our heyday of the early 2000’s?

Hard to see it going back there because all fiat is garbage, but once upon a time.

Goldman has it as historically being 45-80. Pretty clear even 80 has been broken for a while now.

Is Goldman calling a top on the ratio? Be nice if silver was in play again. So boring watching it do nothing.

Oil is at a 4 and a half year low, the Gold/Silver ratio is now 102 and climbing, Cryptos just don’t go down, and the algorithms continue to spin things the way they want to…..

Yeah, good point, Armstrong has always been on the bearish side of thing it seems.

The one thing I think you don’t have to worry about is the world being destroyed by flood. God promised Noah he would never do that again. This time around he’ll do it by fire. Underground with some air conditioning might work out for a little while. 🙂

“And the kings of the earth, and the great men, and the rich men, and the chief captains, and the mighty men, and every bondman, and every free man, hid themselves in the dens and in the rocks of the mountains;”

Revelation 6:15

This may explain their actions. Sounds like bunkers to me.

There was a interruption outside so exited but it was nothing.

Armstrong seemed angry. Can’t say the accumulated info he gets is the same but high strung people well the heart doesn’t like it. They could get tempted to drink too, to self medicate.  They set themselves up for heart attacks and other health issues and Greg gets that way too, high strung, but not in anger. Problem is they can affect others too. As far as I remember Armstrong has always focused on the negative.

He thinks this star although speculation may have caused the flood during Noah. So why would the shadow people want to move underground. I don’t even like mentioning it because God might get mad for telling them.

https://www.tradingview.com/symbols/TVC-DXY/?timeframe=60M

There’s an asteroid named Aphophis that is due to pass through our orbit in May 2029 I believe. If it misses us, it is due to come back around in 2036. All of these things may have Biblical implications. Certainly we should pay attention. 🤔

“Then God said, “Let there be lights in the firmament of the heavens to divide the day from the night; and let them be for signs and seasons, and for days and years;”
‭‭Genesis‬ ‭1‬:‭14‬ ‭NKJV

Armstrong has been pretty negative lately, a lot of doom. I saw his last interview with Alex Joness. I don’t know if he’s a drinker, but he seemed off to me. Doesn’t mean his points aren’t valid, but might add a little more negativity to the conversation.

They call alcohol “spirits” for a reason! 😂😂😂😂

Thanks I’ll check it out!

Trump Orders Alcatraz Reopened For “America’s Most Ruthless And Violent Offenders”

https://www.zerohedge.com/political/trump-reorders-alcatraz-reopened-americas-most-ruthless-and-violent-offenders