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

You’ll have to ask him that. I can’t read his mind but the message I interpret he’s not planning on bringing all manufacturing back. It’s not just manufacturing either but resources more abundant I’m one country or another and normal trade.We have jobs here as ever country reliant on that too including shipping and transport. They’re lying about job numbers only quoting guesstimates but are contracting. That and mind games like it was higher than what they expected to dress it up. Although the government and the many corrupt contractors, the ones that the Clinton’s hired when they fired gov workers to make it look like they were cutting expenses and shrinking government lost jobs too.

For now it looks like Trump might have to raise the debt ceiling to get the tax breaks through that are going to reset if they don’t.

How does tariff resolution fill Chinese factories? Except at the expense of not onshoring new factories in America? Isn’t the whole point of tariffs to end Chinese production for exports to the USA? and raise revenue to sufficiently to be able to end income taxes for earners under $200,000, tips and overtime: although I see he’s proposing increasing taxes on earnings over $2,500,000. But if tariffs work, the factories in the USA will be full of people earning less than $200,000 p.a., revenue from tariffs will evaporate because it’s all home made and the Chinese factories will still be empty. The US Treasury will be down well over a trillion in income tax revenue, almost certainly more than DOGE will recoup, military spending is now over a trill., the deficit would have been $2tn but will now be nearer $3tn – the numbers just don’t add up.

Candle filled the gap but then sold off.

I wonder what’s going to go on with the tax cuts. Trump is not going to ” this is the new parroted word ” capitulate” lowering any tariffs with China prior to negotiations. They’re dealing with people who wants to bring jobs back home. We might have empty shelves but they’ll have empty factory’s and a lot of angry people. With current trade deals they got a long time ago why would they care what the dollars doing when they can charge like it’s already devalued. Not to say we don’t have government corruption or they wouldn’t of outsourced or caused it with taxes to fund their senseless spending and made all these uneven trades in the first place.

Question now, are tariffs going to help fund tax cuts coming up? Less moola less consumption. Groupon flew up today about 6 dollars.  A discount group for services and products. I’m guessing the shorts will be out for companies that buy a lot of Chinese products like Walmart, Amazon. Then shipping companies and ports.

Opening up for agricultural exports (British farmers already buy Case and John Deere), brilliant deal for beef exports (you ain’t got no beef! Herd at 70 year lows), you got no eggs, you wouldn’t know a real cheese if it hit you in the face at 70mph …..

Rolls Royce parts exempt of tariffs – really US middle class building win there.

But hey! a DEAL! Risk off, buy, buy, buy.

Sorry guys, gold wasn’t fooled. Holding at $3,300 is pretty good in the face of all that false optimism.

It’s getting too late in the day because digital money isn’t hard money and will be devalued just like current fiat, probably even more so. I wonder if their like that in their personal life because you’d think if they didn’t pizz their own money away they would know not to do that to others. That might be optimistic thinking of a honest person. Although the pot calling the kettle black between countries as far as currency were at the end game.

If you have a biggest consumer of goods ” I’ll pay you Tuesday for a hamburger today,” is the biggest producer of debt even being backed by gold won’t have much of a effect unless the importers can be paid in gold.  Then that will be gone next on millions of grants for things like Shrimp on treadmills, gay agendas,  or virtue signaling.

They’re not going to fix anything with digital, just make it worse to where even domestic will move away from it for obvious reasons.

You should read this, everyone should by Ray Dalio. Even with the tariffs unless maybe are low enough and stable which could be a long while the confidence of the USD and getting paid back with constant devaluation of that dollar is seen as not sustainable. Who’s China going to pick next?

https://x.com/RayDalio/status/1916967796065423688

You should be OK either way.

Once we are six-months from the top in stocks (Sept), PM stocks should accelerate higher worst case if history is a good guide.

One would hope by then people will see the CBDCs coming and finally figure out maybe they should buy a little silver for barter.

But stupid is as stupid does so who knows with the characters we are dealing with today.

Cheers mate

Silver flat. SM selling into the close.

Just obligatory Fed selling. Done.

I am no longer waiting for a crash….I am expecting Gold to be used to offset the debt and for that to happen, we will see Gold well north of 10 K…that will drag all the others with it…..and create a mania in all PM’s…..

Tks re AG….they really hate them.

Partly … chuckle.

No it just it’s not a full-fledged bull market for the shares yet.

The public consists of boomers with assets who buy some PMs but primarily buy index ETFS – and the numbers are going down due to age – and younger wage earners who are trying to hit a home run with crypto.

And then there are the fringe players left to buy PMs.

PM shares and silver need to join the party and that won’t happen until stocks/crypto crash.

Young people even think they have CBDCs covered with crypto.

That bubble won’t pop until they try to sell into a programable currency situation, and they are denied.

They are not the brightest crayons in the box.

Chuckle

Dollar sure decided to spike. I’m surprised gold is still hanging around $3300. Silver flat is a surprise.

As we’ve been seeing for a while, these big hits to the shares are coming on low volume.

They finally got around to beating the crap out of AG – First Majestic. No real surprise there, they’ll push it back above $6 next week. Same thing with HL, it’ll be back above $5. If things weren’t so ugly in the shares, it would be above $5 today.

Hard to say if this is anything other than a normal Fed meeting reaction.

We’ll see what the Chinese say tonight.

maddog – AG missed on earnings by a penny. Everything else about revenues and earnings were OK. Same thing they did with HL.

Still not much of the mainstream involved. I guess most people will wait until it’s a MANIA!

Re Citi…tks for that…I was about to start looking for it, to post it….Good to see a bit of recognition…..

… roll out trade deal after trade deal in coming days to feed the algos …

Watch Live: Trump Unveils U.S.-U.K. Trade Deal | ZeroHedge

Good for stocks/crypto … bad for PMs

Orange man good today … Chuckle.

Oh – and we’ll have to get a faster and more secure trade currency arrangement soon too … did I hear the digital Euro is a go yesterday? … puke.

Puke puke puke … this is very bad Kabuki (distraction).

Pathetic

In the meantime … the UK is going local … Peter St Onge, Ph.D. on X: “British populists sweep local elections, winning more seats than both major parties *combined* The British people are turning on their corrupt political establishment. The clock is now ticking. https://t.co/iQONAAmd0P” / X  Thank you Ipso

People start fighting back when it gets real … and it’s getting real.

Vince Lanci

LAHORE/NEW DELHI, May 8 (Reuters) – Pakistan and India accused each other of launching drone attacks on Thursday, and Islamabad’s Defence Minister said further retaliation was “increasingly certain”, on the second day of major clashes between the nuclear-armed neighbours.
Pakistan said it shot down 25 drones from India, while India said it air defences had stopped Pakistani drone and missile attacks on military targets, dashing hopes they would soon bow to pressure to end their worst confrontation in more than two decades.

https://www.reuters.com/world/asia-pacific/blast-heard-pakistans-lahore-amid-tensions-with-india-say-geo-news-reuters-2025-05-08/

I think you’re right. We either struggle from the start or we pop higher but get sold for the first hour.

They want that first impression to say “stay out.” We see that particularly in the shares. Lately once we get beyond the first hour things normalize a bit.

I guess AG quietly came out with earnings yesterday. Looks like they missed by a penny. The stock doesn’t know whether it’s coming or going anymore, but contrast the reaction to their miss of a penny to HL’s miss of a penny and there’s a huge difference.

https://x.com/i/status/1920093759091417232

The perpetual overnight dumping ( that we’ve seen so much of over the years) makes me think of the war movie “Hamburger Hill.”

It took those guys 11 days to take that hill in the Ashan Valley. Every day they would start anew, and lose a few more guys with each day.

The scum would rather have us start each day, climbing out of a hole.

SM easing a bit. Silver firming

Between yesterday and last night they may have used all their ammo

Another bad legacy from Newscum if he is not persuaded to do something about it if he is capable of doing anything about anything. Maybe he can call Trump instead of Biden this time.  Refiners are going to leave California driving gas prices to over 8 dollars a gallon.

https://sr40.senate.ca.gov/content/california-gas-prices-could-skyrocket-75-843gallon-refineries-close