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

We are talking about two different things.. I’m referring to refiners in the United States that are refusing to take silver from local coin shops that is 90% 40% or any type of alloyed silver to melt… This is caused the local coin shops to refuse buying of that type of silver and or some of them now will buy constitutional silver, but for 50% of the Silver content because they cannot ship it to the refiner and get reimbursed…. That’s happening all across the country right now…

I’m stuck between helping one COVID to another on with specific supplements pre person plus few other things plus taking care of me,kinda  plus tracking the charts but did find a little info. There are rumors going out if you dig for info For instance it appeared that it was a rumor that Perth Mint halted. It didn’t but orders could be delayed. It would probably take some time, money for equipment and experienced people that be a make them plus regulations to start up a new one.

I was thinking about the Disruption and the ability to convert a lot of silver and silver products into money because of a back up at the refiners… I haven’t Read much at all about this, but it just kind of dawned on me that this seems too coordinated a response to this recent Breakout…. This is supposedly a capitalist system we work in, and it would seem to me that someone would figure out a way to capitalize on this situation instead of restricting transactions…. Is it possible? This is the long arm of the banking industry, pulling out whatever stops they can try to throw a monkey wrench into this’situation… It just seems that the response was uniform across the board… Any comments?

Dedollarization with crypto

His future aspirations are digital to aid anti cash for digital currency. Tokenizing everything including housing. So how does that work. Crypto gets hacked or sold the token value of your assets goes with it?

Even hospitals, take your jewelry off.

As the system continues in a direction that excludes so many especially the ones with nothing and nothing to lose it probably wouldn’t be a good idea to wear those rings in public at some point or expensive watches. I still remember my daughters husbands wife telling me when they were living in Brazil And liked it here doing christian work I mentioned before they were at a stop sign and the car in front of them had the driver’s side window open. With his left arm resting on it and probably should have noticed the men outside wandering around there pulled out a machete and cut his arm off just to get his wedding ring. And that was decades ago.

Another thing they did was block links. You had to copy paste it. Even then if they found it they’d delete it. Then people like the usual suspects wanted to make the info illegal going from misinformation to Malinformation. UK and England should take note they’re doing it to them now and if they can’t push them back it will get worse. They learned nothing in WW11, theyre just going about it different by importing it.

Tks….. Yes I did know cars are exempt from CGT….only problem is the 2nd hand/classic car mkt is very weak right now…so no worries about CGT….I just need more space….Great car that TR6….and I bet that merc is still a fine motor…that was when Merc made cars that went forever….I remember being in a Merc saloon that had over 200,000 miles, but had been maintained by the factory that owned it and it was like a new car.

Right on Musk but at the same time the awake was already awake and knew what they were up to. I was surprised to see the CEO defend the so called anti vaxers on free speech to the loser lefties in Congress aiding the coverup and witch hunts persecuting the truth about it when they wanted him to shut down info they were giving. Many were shadow banned FB jailed or threatened put on bottom of feeds because of them and got worse with Covid. Post would be immediately deleted  by Aglos and the CIA mocking bird using misinformation as the excuse. I told others to split the word Covid and Ivermectin up and key words and Aglos wont get it right away.

Musk  helped a lot of clueless but it was almost like let no good deed go unpunished with them  when they cluelessly turned on him with Doge. Where as far as doge  do they think there gonna get money a free sfuff if the Gov goes broke defaults and take everyone else who worked for it with them. Like  Darwinism in motion because they apparently don’t know where that money comes from or what causes inflation. Just too bad Darwinism doesn’t just involve them. They’re idea of putting on the color blue is leaving their soul behind like the Soros and others they follow. If they had one in the first place.

Orrr it could continue creeping up. The reasons for buying and holding are still there. One sector not the whole economy has just been changed from housing they turn into a disaster again just magnifying the problems to another single factor AI and energy it will need including green but both is also dependent on non renewable metals and rare earth mining.

Except like 08 housing prices were driven by greed and manipulation in a perhaps window dressing scenario to say see how prosperous we are until you look at the books anyways. Like when shrimp.. this autocorrect has got TDS pulled out the bills on Powell of his fancy Fed building of wasteful spending and these are the people running the economy with the interest rates? Till they got what they wanted anyways including window dressing at the expense of everyone else and working class, disabled and retired sleeping in cars. The economy nor the average income is no where matches the current valuations and then there’s the debt while the spending and printing press goes on and not even for the citizens. It’s a runaway train and precious metals are being bought to cushion the crash. Taking it away isn’t gonna help the currency’s backed by debt. It isn’t gonna help the businesses sales less they’re selling shares. This time they’re not fooling as many people. I remember back before the crash of 08 when Greenspan tried to use the housing sector to boost the economy after they picked the manufacturing like the golden goose picked the poor gooses feathers off bare with no thought of killing the goose that produced the golden eggs like a bunch of wild Animals. I can’t remember his exact words but said in so many words if this doesn’t fix it then the economic troubles we had then are gonna be a picnic compared to what will happen. We seen how that worked out. Priced went stable or realistic. They haven’t learned any new tricks.

That might be the right play. It felt toppy to me today too. Just before it blew up again.

Whatever down move we get will be violent and short IMHO. Then it will re-launch.

I felt the same way when he bought it too. After years of social media suppressing the truth, and any social media that dared to expose it coming under very heavy cancellation fire, it seemed to me to be finally a glimmer of light. A lefty acquaintance insisted (gleefully) that Musk could never make a profit out of the $44bn purchase but that just exposes the left’s inability to understand Musk. He didn’t care if it made a profit, or not. He bought it for fun, a concept unknown to lefties. To stick one up the deep state establishment social media controllers.

A miracle that he was allowed to buy it.

Silver coins. Mrs F and I were discussing them this week. She wanted to know why we have a sack of old silver coins in the wardrobe. I said because we couldn’t store them in the attic as they were too heavy for the floorboards. When she’d finished hitting me with the cushion, I explained that they were all 50% silver, and that the sixpence, for example, was now worth AU$3.50, and that as well as being a good investment, if we did have a total currency collapse they are small enough to be used for grocery or fuel purchases.

Cars. Sigh. We have three too, and Mrs. F can’t drive anymore. But there’s a nice 1979 Mercedes 300D for sale, and a TR6 (TR5 is totally out of range) and did you know that cars are not subject to capital gains tax?

Re Silver $ 979…Tks for that….I was just wondering how the prices compared to housing….So that ain’t so silly and just goes to show how depressed prices still are…..and they are still playing those games…..

Re Cars…..I would love a Camaro…if all this works out…i may yet buy one…..but I already have 3 cars, plus my wifes………

They’re in close, but it feels a bit toppy here. I was telling a friend yesterday I was all bulled up, And when I feel invincible, that’s when I get the puts out. I’m channeling my inner Wanka and I need a new pair of fuzzy slippers. I think I wanna follow Soee’s lead and short Bitcoin too. That shite is wobbling if you ask me. We hit all of my Bros price objectives in silver so that’s why I have conviction. I don’t have a lot, but insurance is always worth it. I also feel like putting a collar on WPM. If they take my money, so be it. But I win if they gut punch me, it won’t hurt as much at least. CAT looks nose bleed high too. I grew up in Peoria and have never seen CAT rip so hard.

that is 100 million Oz or 12 % of annual production…..someone is still short and still selling…….just unreal…

https://thebubblebubble.substack.com/p/silver-maintains-breakout-despite

Also Mining stocks, not just PM shares , are lowest percentage of Global equities since 1900 !!!!!!

Also GDX has been being dumped since early 2024 down by 33 % ….so no real new buying yet !!!!!!

He reckons the shares are going to catch up soon to the metal……

https://sprott.com/insights/dips-the-rx-for-acrophobia/?utm_source=insights&utm_medium=email&utm_campaign=sprott-gold-report

Houses in my area were 25,000 to $40,000. If you had a $1,000 face value of junk silver coins, it was worth $35,000, which was $48.95/oz. There are 715 ounces of Silver in a $1,000 face value bag.

Today the houses in my area average about $700,000. So a $1,000 silver bag would need to be $700,000 divided by 715 ounces in a bag, spot So today, for Silver to match 1980’s high, it would have to be $979 for one ounce of Silver.

I know, that sounds crazy, but at the moment, one of the two, houses at $700k and Silver at $52, one of the two are lying. Maybe houses will come down as Silver goes up.

P.S. house prices were held down back then. They were about $40,000 in 1968 and still around $40,000 around 1980, because the bozo bankers raised the interest rates to 21% during the 1970s. To hold gold and silver prices down as much as possible.

The fed held the Dow down too, the Dow stared under 1000 from the 1968 peak until June 1982 the Dow was still under 1000 at 796. Thats when I got a mailgram from James Dines, to sell all inflation related assets and to go into the Dow at 796, a perfect call on his part.

He also stated or recommended, he’s never seen anything like this, but we can buy 30 year gov’t Bonds paying 16% for 30 years with no call back provision.  Another perfect call, as rates dropped after that, so the bond prices gained value as the rates dropped.

Naturally it all started because the US Gov’t STOPPED backing the US Dollar with Gold at $34/oz because the natural market price was around $140/oz. We cut off the foreign countries like Europe from stealing out gold on the cheap.

But after 1971, they proceeded to take away our manufacturing jobs instead of our gold. So they finally gave us permission to own gold again. In 1971. I also remember being in the back of a gold and Silver redemption store. There were numerous buckets of Silver coins. I asked the owner, (of seven stores) where is all this silver going?

He said it was going to the docks in Manhattan to be shipped overseas. Again the foreigners were robbing the dumb ass USA again. My son and my brother were selling classic muscle cars, and several of them were shipped overseas too.

They just kept robbing us, that’s when the stealing started getting worse, 1971. All my dumb ass friends and relatives even started buying imported cars, of witch was ANOTHER drain of USA wealth. But not me, I only buy Chevy or GMC cars to this day.

Silver came storming back after the little round of algo selling.

SLV was up $.65, now up $1.05.

SM has come back too though.

I have a couple of old pinky rings that I wanted to have re-sized larger, so I took them into the local jeweler. These are 14K gold rings, but nothing special about them.

So, the girl takes them in the back to the jeweler to get the price. She comes out and proceeds to tell me that gold is $4k and has gotten expensive and wants to charge me $400 for one of the rings and $250 for the other.

I bet I didn’t pay $400 for BOTH of those rings to start with. I don’t know the process, maybe they have to add a small amount of gold to make them bigger, I don’t know. Anyhoo, I told her that was ridiculous and that I would be embarrassed to give me a price like that for two cheap rings.

Crazy times.

I know there’s been rumblings about European banks for quite some time now. Regardless, all the banks are interconnected with each other through derivatives, so I guess it doesn’t matter. Then they’ll come in with the CBDC to save us all.

Some algo selling a few minutes ago when the SM took a dive. At some point our pm’s are going to get tired.

Charles Nenner says lookout at month end.

I would think market rates will diverge from administered rates again at Fed time … and the banks might be in trouble.

Cheers

No margin for sure. At some point we’re going to get whacked but hard to know when. They’ve done some probing today but the shares aren’t buying it, although $53 seems to be a line in the sand.

$500 silver seems like a stretch, hard to see that for me.

I’m just enjoying the ride for now. Didn’t think I’d see it in my lifetime.

https://x.com/zerohedge/status/1978492349589135708