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

Gold, that is.

Back around 1980 Silver peaked at $50/oz. Everything from back then is about 20 times more. $2500 cars from that era X 20 equal $50,000 today. A slice of pizza and a coke was 25 cents, X 20 is $5 today. All the old $40,000 houses times 20 is $800,000.

So, 20 times the old $50 silver peak today, times 20 is $1,000 per ounce. Also at the old $50/oz, times 715 ounces of silver in each $1,000 face value bag was worth $35,750, you could buy a house back then with one bag of junk silver coins. $35,750 old bag price times 20 is $715,000.

The Fed fought like hell to stop the price gains gradually raised rates from 5% to 21% prime rate. Houses were $40,000 in 1970 and still $40,000 in 1980. The Dow I believe broke 1000 in 1968 and stayed below 1000 until June 1982 all because of those climbing rates. A 6% mtg on $40,000 is ok, but 6% on an $800,000 house is a lot more money.

In June 1982 I got a mailgram from the Dinesletter recommending selling all inflation related assents and put everybody in the Dow at 796. Every time the Dow got above 1000 he called it the graveyard in the sky above 1000.

It goes to $5500 tonight, like it just did. The first bank to raise their target to $10K wins.

Silver over $118. Citi’s $150 target in 0-3 months might be a good call.

It’s worse than that, many stores. All the people losing jobs. What does Newscum do, blame the stores stores say okay FU more stores close when it’s him and his retarded so called policies. What a idiot. But there must be a idiot bug going around  the demos because get this, other demo states are looking at California as a model, actually have been for quite awhile and may plan to do the same.

https://maninamerica.substack.com/p/what-theyre-not-telling-you-about?publication_id=1040302&post_id=186048179&r=poko7&triedRedirect=true

walmart closing 250 stores in california

22,000 lose jobs

150 adjacent store also closing……..

What happens now?

And Tether owns 130 tons. What is the profit on that today, split between the six or eight owners?

down, up. Just wild.

nice looking flagpole !!!

A small copper company that Bob Moriarity mentioned a few days ago ( ORRCF- Oroco Resource Corp.) has had a nice bump on big volume.

I do not have a position in this. Please DYODD…..

the stepchild of monetary metals got over six bucks today !!

tab on 2 different ratios ( DJIA/Gold, and XAU/Gold) back on January 7 ( after Captain talked about them. And I believe Maddog had also posted some charts from trading view).

On January 7, the DJIA/Gold ratio was at 11.0. Today it came in at 9.11. A 17% drop!!!!!

The ratio of XAU/Gold has gone up! ( from .082 to .083).

If that isn’t clear evidence of a rotation into Gold, I don’t know what is. But there’s still no belief in the mining stocks!!!!! What in the world is going to make that happen?

Now up over $300! Just amazing! 🙂

It’s a tragedy how so much of our manufacturing got moved overseas. What can you call the people who enabled that but traitors! Many of those people don’t call anywhere home. They worship the god of money.

Just beautiful. Time for gold to start moving like silver? Up 3.7%

Silver no slouch up 3.8%

Have these guys been shorting all the way up? Is this still covering or are the momo guys chasing.

Momo, fomo – who cares. keep going!

• Tether CEO Paolo Ardoino told Bloomberg that he expects the company to become one of the largest gold central banks in the world.
• The company plans to start trading its gold reserves for additional profit.
• Tether owns around 140 tons of gold, worth around $23 billion, stored in a nuclear bunker in Switzerland.

Tether CEO Paolo Ardoino said the stablecoin giant is on track to become one of the largest gold central banks in the world and plans to actively trade its reserves, Bloomberg reported Tuesday.

Apparently, they’re buying 1-2 tons of Gold per week….

Do they still have the juice to slam pm’s like they usually do when Powell starts his presser?

So far, every tap down comes right back, but the shares are slowly sliding down.

Weird day.

That’s rich after what those a**holes did to the ostriches.

Spit

https://www.rebelnews.com/horse_rescuer_accused_of_appalling_mistreatment_pleads_case

The US Dollar is still way over priced, it was historically around 80 on the index. For a while it was up to 110, so 96.38 today is still way over priced. And besides all that all prices on the futures market are priced in US Dollars.

So when the dollar goes down, all the others go up, shown below. The only currency that sort of matches the dollar, or is pegged is the Japanese Yen and the Chinese Yuan.

1.5 years  https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w

3 months  https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d

Lest face it, if back around 1989 they were promoting off shoring our jobs to China, don’t you think American companies would want assurance that things stay the same, re currency exchange rates? Like a business needing a 50 year “lease” so they don’t waste their money moving everything over there.

One time I saw a trucker moving machinery out of a manufacturing business. I asked him, where are you going with all that machinery? To the docks in Manhattan going overseas.

I wonder if it is about to be thrown out the window like it was in silver?

Good riddance.

Seems to be a non-factor today. I wonder if Holter is onto something. Could it just be that all fiat is going to its true value of zero? While silver is in shortage, gold is in the early stages of sniffing out a total fiat collapse?

The perfect excuse to usher in a CBDC, because a digital currency made of air holds so much more value.

Otavio (Tavi) Costa
@TaviCosta
·
19h
Another key piece of the macro puzzle is now on the table:

A decisive breakdown in the US dollar.

The world remains heavily overweight U.S. assets and is not positioned for a sustained dollar downtrend.

https://x.com/TaviCosta/status/2016266065547083905

illuminatibot
@iluminatibot
·
2h
“In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.” ~ Friedrich Nietzsche

Goldsky to Become 100% Owner of Barsele Gold Project via Acquisition of Agnico Eagle’s 55% Interest

https://finance.yahoo.com/news/goldsky-become-100-owner-barsele-123000626.html

https://stockcharts.com/sc3/ui/?s=GSKRF