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

I’m betting on 10/1 but I don’t really care. I’ve already won this game called life many years ago, listening to my Higher Power and following His guidance.

Got Silver and Gold?

54.01

And so has SNG! ;o))

I do own shares of DVS, but unfortunately  won’t be able to listen in.

I would be interested as to how the merger will specifically occur, as it pertains to how present shareholders of DVS will be affected……i.e…. new shares being issued, or fractional equivalents of CTGO stock etc…..

Since I’m involved, I’ll be there. SNG

https://6ix.com/event/state-of-the-metals-markets-with-rick-van-nieuwenhuyse-and-byron-king

Re the Hunts….they did use other people, as Bunker knew a lot of very wealthy Arabs, who put a consortium together, to buy Gold as well….they operated through Dresner bank, a large German Bank. Bunker made his money by blind bidding on a Libyan field, asked BP to explore it and if they found anything develop it and split the profits 50/50 %…..they hit a huge field….Bunker was earning millions a week, lieing on his bed !!!!

To try and slow the mkts down, the IMF announced they were going to sell gold at monthly auctions……a certain tonnage of gold…..to buy you had to put a bid in…..well the first Auction came out and the price was above spot and more was bid for , which of course sent the mkts flying higher, then the next auction, then the next and it was nearly always the same …..Dresner over paid and over bid, the consortium had opened an account with Dresner, who no-one had heard of in the Gold mkts. They blind sided the entire official mkt.

I met the guy who ran the operation, he said it was the best fun he ever had, in the mkts.

Mercedes Relocates Production To Hungary, 20,000 Germans Set To Lose Their Jobs

https://www.zerohedge.com/economics/mercedes-relocates-production-hungary-20000-germans-set-lose-their-jobs

Here is an amazing man.

I think he knows what’s going on in the world including gold

Sure feels like massive short covering. If so, kudos to Ipso, he always said that the banks would cover. I never thought they’d have to, they’d just walk away unharmed.

I think that break above the recent high of $84 might be a big deal. if it holds $90 could come quickly.

Shanghai pm fix (+ VAT) $93.31

Not sort of the normal scenario where you’d see the metals perform like this. The dollar is strong on a relative basis, not like 2001-2 or or even 2008-11. But then that’s just against fiat that is bigger garbage.

It seems like the public and even investment community hasn’t really started to understand why the metals have value. Probably because the SM has remained elevated. If that changes, things should really get going. It’s going to catch people off guard.

I don’t know how Trump is going to get rates down where he wants them at zero, other than massive QE and even then.

After all these years it’s really nice to be winning and seeing the manipulative bankers on their heels. 👍

Gold has doubled in 18 months. 10 yr UST has gone nowhere in that time. DOW up only 25%. US property softening. Silver up 200%. 200%!!! Who is taking any notice?

One commentator was saying it would, must go sub 4.0% with Trumps machinations. Good luck with that!

{edit} it’s at 4.201%, highest since Sept 3rd.

It does make me wonder if something is breaking. Would be wild if our little silver market was the thing to bring down the house of cards.

I copied the whole screen from the black area on the right (of my screen) which also has a Shanghai thingy, and “Emerging Markets for Dummies” and so on.

Ferret, couldn’t find article. Please provide link

That makes a box $45,040. The top set for USPS insurance is $50K

Well maybe they learned something from the Hunt Brothers. They used leverage they didn’t have. At least they didn’t use other people money to do it or say leave them holding the bag when they went bankrupt.

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With the new regulations starting tomorrow, I wonder if the mining stocks will finally start participating.

Here’s another video.
It looks like the rule starts Monday. But the rules didn’t just change — it has been coming for quite some time. And some banks and countries have already been positioning for it.
It’s possible they can no longer short gold and silver, and must start acquiring them. And start closing paper positions. Possibly closing client positions, but many will be closed with paper dollars. They may have a year to fully implement.
That basically the world banking system is being converted to being backed by real assets, gold and silver. Not US dollars and US treasury notes. That this is the Great Reset. Of course, I don’t understand the details.

I wonder if some of those videos about each of the big banks means some are going to try to implement over a much shorter time period – 1-3 months.

I found this:
The Net Stable Funding Ratio (NSFR) is a Basel III banking regulation requiring large financial institutions to maintain a stable funding profile for their assets and off-balance sheet activities over a one-year horizon…

Apparently, it may, actually most likely will, tighten credit markets.

Unless they can back their position with silver. Hope this is true.

from what I can tell and what I’ve read in Shanghai, silver price has a 13% VAT tax added to it… The tax is only collected if physical metal change his hands, but it’s used in the quotation…