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

Somethings heating up.. 4 1/2 dollar premium in Shanghai tonight.

72!

…the kettle is warming up.  🙂

Right and thing the ones who knew and closer to the WW11 and before generation understand it more, than it’s more than a fad, more than making paper money on but is money that can’t be erased by a computer or government that has value and no debt behind it. On that post I meant silver not driver. I got messages and phone calls makes it worse for me than already is. Busy time of yr. Now again bye.

I guess I’m glad I said “I’ve never heard Buffett say…”

Seriously, thank you. I think that pretty interesting too about your financial buddy. I wonder if he’s out of the ordinary for financial guys or if that’s the general feel.

Note from 2007 the ratio fell form 0.65 to .125…..then traded roughly between 0.12 back up to 0.24 a number of times…all the algos have done is short shares and bt metal…riding each rally out and adding on every rally……as of today they see no need to worry…and are probably as short as they have ever been.

But once the top lines go, they may well find no sellers and a buying frenzy from the public, as news of what the metals are doing gets out and it is….as the mkt wakes up to the only cheap way in, is the shares…..they could run like Plat and Pall are doing….. or faster.

Silver headed toward $72 but…

Platinum and palladium are off the charts. Platinum all of a sudden nearing $2400, palladium $2K?

Crazy

Gold and silver are Giffen goods … they become more desired by the public the more they go up.

Not kidding

Yeah especially if there’s a possibility that prices could rise. Even with Trump keeping prices down you could get a messed up governor if voters are over run by migrants like Calif or get stupid.

In California  and not all places are warm or snow free if you don’t already have a wood stove or fireplace you cant get one. It has to already be there. They built gas fireplaces then Newscum wanted all electric next and wanted everyone to retrofit out gas stoves and heat. He’s on his way out but who’s gonna be next after that crooked joke.

If you have nothing you can buy one of those portable car battery chargers with cables and fills tires with air  and had a place to charge your phone 14 times and get one with a ability to recharge it on your car just run the car lock it.

Hello, old pal. Good to see you around.

Thanks for the thoughts. I’m always considering options.

👍 coin shop he mentions people his age buying for grand children while they can. I just lost another friend last week, the helicopter crew chief darn him 😢. He wss stacking driver.

https://youtu.be/CqsHUfTGmzg?si=Tpzhi5T5bujIBuJy

I asked him at the end of his six-minute presentation to my group what the biggest mistake might be in investing….. and his answer was Bitcoin. So if we see Bitcoin slide below 85K I’m going in there and I’m buying a bunch of puts in MSTR, try to make some fast cash.

1. Bitcoin Has No Intrinsic Value

Buffett has repeatedly said:

“Bitcoin has no unique value at all.” — He doesn’t see it as producing anything real.
CNBC

“Cryptocurrencies basically have no value and they don’t produce anything.” — He said this while emphasizing he never owns any and never will.
CNBC

The emphasis here is on productive assets. For Buffett, true value comes from something that generates cash flow or utility (like a business, farmland, rental property). Bitcoin doesn’t do that.
CNBC

🪤 Classic Buffett Metaphors
2. “Rat Poison Squared”

One of his most quoted criticisms:

“Bitcoin is probably rat poison squared.”
This colorful insult highlights his belief that Bitcoin holds more risk than value.
CNBC

🎭 Valuation and Use
3. A “Mirage” or “Gambling Device”

Buffett has said:

“It’s a mirage, basically.” — implying its value is illusory.
The Motley Fool

He calls Bitcoin more like a gamble than an investment because its value only comes from hoping someone else will pay more later.
CNBC

💸 Productivity vs. Speculation
4. Productive Assets vs. Bitcoin

In 2022, Buffett famously explained his position with a comparison:

If you offered him 1% of all U.S. farmland for $25 billion, he’d take it. But if someone offered him all the Bitcoin in the world for $25, he wouldn’t take it.
Why? Because farmland produces food (real value), and Bitcoin “doesn’t do anything.”
CNBC

He also said that while Bitcoin might go up or down in price, he’s sure it doesn’t produce anything.
The Motley Fool

📦 Positioning & Action
5. He Never Invests In It

Buffett has stated directly:

“I don’t own any cryptocurrency and I never will.” — he reaffirms this often.
CNBC

He also says he doesn’t short it or plan to take any position because he believes he doesn’t understand it enough to justify investing.

slipping below 63…

He might be the first billionaire I’ve heard tell the truth about crypto. Buffett never had a problem trashing gold but I never heard anything from him about crypto.

start to pick up a little here towards the end of the day, we’ve been cheated for most of the day. Algo’s set to sell when the metals sold off this am never got turned back to buy. 🤔

It seems to be running wild in the streets, like so many other miners. The Fed Res Board is finished totally. Precious metals have been out of their control.

Reminds me of when Uranium prices were running wild, then they stuck it on the futures market, and down it went like I predicted it would when it was in the news.

75 at least it seems.

Platinum and Palladium right, and I’m surprised that  SBSW here in the US that has both isn’t  getting more attention.

Unbelievable strength. So good to see.

71.50  !!

…more kernels in the pan, waiting to pop.

Haven’t seen you around here in a long time, my dad Eagle Eye doesn’t have a clue what he’s missing, which is sad! Dang.

healthbot
@thehealthb0t
·
18h
“This is genocide.”

Attorney Todd Callender exposes a 1100% increase in U.S. military deaths throughout 2021, compared to 2020.

“People with three shots have no immune system left over whatsoever.”

“There is no other way to characterize this other than intentional homicide, the unlawful taking of a human life, except that it’s in large numbers, which makes it a genocide.”

short video