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

Just checked with a mate in Chinchilla, the only Diesel problem is the price. Supplies are OK. Cattle are being moved around NSW and Qld ok, NSW is very dry so the stock is being moved to greener pastures in Qld and elsewhere. Yes, there are a few servos without Diesel, but a lot that are fine.

Willem Middelkoop
@wmiddelkoop
·
3h
Australian farmers are ‘out of diesel’
Quote
Rob Smith
@Ausbobsmit
·
22h
I’m out of diesel. All the farmers are out of diesel. This is it. We’re done for. Albanese and Bowen are directly to blame. This is serious. I promise you. All other countries have diesel, and it averages $1.80 per litre in most countries in the Asia Pacific. But not Australia.

https://x.com/wmiddelkoop/status/2037664530184958131

I’m a little unclear on the incentive? Death wish?

if it’s a bottom, it happened sort of stealthily.

Hope it turns out that way.

Wall Street Mav
@WallStreetMav
For the first time in human history, data show zero significant gold discoveries in two years. (2 million oz of gold in one deposit)

Gold is not the only metal that is having difficulty finding replacement reserves. Copper, silver, nickel, cobalt and other metals are all facing declining ore quality and smaller deposits.

Many of the best and easiest deposits were discovered long ago and have been mined for decades. The newer mines are generally smaller, lower quality ore, more remote and more expensive.

This is what we are seeing with many major mining companies. They are struggling to just maintain current production. Forget about actually increasing production.

The key issue for investing in mining stocks is finding the ones that can organically grow their production in the coming years.

https://x.com/WallStreetMav/status/2037602683323142635

goldielocks can interpret this chart…but it looks like a hammer bottom on a weekly chart and therefore quite powerful.

https://www.dailymail.co.uk/news/article-15685149/Europe-prepare-worst-case-scenario-fighting-Russia-without-US-help.html

JPMorgan Chase CEO Dimon: ‘Deeply frustrated’ with policies in America https://share.google/uelB1VTAi3wsR2TUF

Pretty rare event today. Hope this is just the beginning of a new leg up toward $10K and $150.

We hit the numbers with $4500 and $70. Hope is alive again with the SM just beginning its descent.

Will the PPT jump into action or let things unravel a bit more? Will there be continued buying in pm’s or was this a one-off?

Good to see we haven’t collapsed at the end of the day, especially the shares. Huge surprise today.

For the first time in awhile, it feels like there are some cracks in the system again. I’m not sure how they paper over them this time.

Did I read here that Doug Burgum the Secretary of the Interior came back from Venezuela with $100 million in gold?

BTW – rates turned back up with the dollar and oil has quietly gone back above $100 – amazing we are still up at all. Course they’ve taken a chunk out of silver to try to close it below $70.

Ever since the USA prosperity peak of 1970. Number one, the lack of minimum wage pay hikes to keep up with inflation, (should be at least $50/hr today) also unfair business competition from foreign countries.

Also American retailers and citizens  were “fooled” into buying foreign made consumer products, out sourcing all our jobs. All the pro-foreign anti American lobbyists, fooled all our presidents and our representatives in Congress etc to go for the dumb ass unfair strong Dollar “free trade” bull crap.

They all succeeded in gradually making the USA a poor country by importing foreign PEOPLE and exporting our work. Also because US car makers had to compete with FOREIGN car makers they cut costs and made crappy US cars. Now we have trillions in national debt because of less taxes coming in.

Hopefully Trump with fix those things but I have my doubts because practically EVERYTHING we buy came from far far away.

Also the media of the 1970s kept telling everybody…”The United Auto Workers Union was ruining the country with their excessive pay scales” instead of saying the US Dollar was depegged from Gold. Because by 1971 FOREIGNERS were redeeming our exported Dollars for Gold at $34 when privately costing $140/oz.

So, instead of FOREIGNERS started taking away our GOLD after 1971, they switched, and took away all our consumer product manufacturing.

This problem has been smoldering since 2020, right?
Office workers, especially but not only IT, and accountants, working remotely, and everone buying so much online.
Just the empty retail space everywhere is huge.
And probably nothing compared to the empty office spaces everywhere. With more emptying to come as AI displaces more and more office workers. And businesses fleeing big, blue cities.
Seems the implosion/demolition/explosion of commercial loans is is finally happening.

They probably will be bailed out but what will the dollar be worth by then? You could totally see a dollar devaluation in the near future.

So, we’ve got problems with private credit, now REITS are going to restrict withdrawals. We’ve seen this movie before but it’s 100 times worse than it was in 2008 because of the debt. Trump better start to ready those gold backed bonds pretty soon. They won’t be Bitcoin backed IMHO because Bitcoin will fall with tech stocks.

Will be an interesting close today. Volume is light in the ETF’s and shares.

Really hoping this is a turning point.

Jimmy welcomes back to the show investigative journalist and author Whitney Webb to discuss her explosive new investigation revealing how billionaire Leslie Wexner and Jeffrey Epstein built a corporate welfare state in Ohio, creating a model of “public-private partnerships” that privatized government, funneled billions in taxpayer money to big tech data centers, and is now driving up electricity bills while gutting public schools and healthcare.

Webb details how Wexner created a de facto private government in his hometown of New Albany, Ohio, which evolved into Jobs Ohio—a private corporation that controls the state’s liquor tax revenue with zero public accountability—and has become the blueprint for a techno-feudal state promoted by the “dark enlightenment” figures like Peter Thiel and JD Vance.

She warns that Ohio is a petri dish for a nationwide takeover, where data centers are replacing public infrastructure, digital IDs are mandatory, and federal legislation is stripping local governments of the power to resist.

Webb also dissects the coordinated effort by Compact Magazine, Peter Thiel, and Soros-funded outlets to dismiss the Epstein scandal, and raises concerns about Joe Kent’s emergence as a potential controlled opposition figure designed to manufacture a “domestic terrorist” profile the government can later use against anti-war populists.

Go ahead … just ignore these crazy bastards.

Spit

We better not see the Fed gov bailing out these spendthrift states … especially CA who has done this to themselves. Let the taxpayers there reap the “benefits” of living in a socialist state!

Realistically they will be bailed out at least to some extent. Grrrrrr

Re: real estate Yeah how screwed is that illiquidity! and like you say what if your buildings are in NYC with Mamdani running things? More taxes and rent control on the way!

That Belgian guy has deep pockets! 🙂

doesn’t that mean that every real estate fund out there will do the same thing?

Imagine needing that money for some emergency and counting on it being there, they’d be Abetter off marking it to market and making what little funds available.

I read yesterday that the CA. public pension plans are between $250 billion – $1 trillion underfunded. The pension plans cannot be renegotiated and are to be paid out ahead of CA. bondholders. This is the result of years of firefighters and police retiring with $250K pensions, teachers over $100K, lifeguards even over $100K. It’s all a ponzi scheme. estimates that CA. would file for bankruptcy within 3 years and would even drag down the funds of red states.

This country is so forked.

and check out the Au/BTC ratio….nice saucer base here

and then look at the longer 9 year base….can we get back those hi’s or better !!!!

re Real Estate….same here…was told by someone who used to value commercial real estate, now retired but still in contact with old colleagues….quote they have NEVER seen it this bad ……

When yields were damn all she told me loads of people were trying to use Real Estate as a yields producer for funds…she refused to get involved, as she knew how illiquid it was in healthy times, let alone bad ones……I bet there is a chunk of money locked in around the Globe.

PS then they elect commie cretins as Mayors, see London and NY.

Re Bonds….looks like they managed to wake up the Postmaster up in that Belgian town, with 100 people and once he sobered up, after a 4 hour lunch, he started bidding …!!!!!

Wide Awake Media
@wideawake_media
Dr. Ben Marble says it’s time to stop accepting blood from people who took the Covid injections.

“The entire blood supply in America, and basically the whole world, is contaminated with the spike protein poison bioweapon.”

“We’re seeing patients that get blood transfusions that are unvaccinated, and suddenly they get blood clots or have heart attacks or strokes.”

https://x.com/wideawake_media/status/2037092380218679765

Fingers crossed brother!

That’s what I’ve been waiting for. Gold $20k and real estate in the tank.

I hope something has shifted today.

FXHedge
@Fxhedgers
🚨 Is this the beginning of a repeat of Lehman Bros 2008?

UBS just halted withdrawals of a $469 million real estate fund and told investors they can’t have their money back for up to 3 years.

Why does this matter? Back in June of 2007, Bear Stearns did the same thing at two of their hedge funds. One year later, Lehman Brothers collapsed and the global financial crisis happened.

UBS looked at their real estate portfolio, realized the buildings are not worth what they paid for them and they cannot sell them without admitting HUGE losses.

Commercial real estate office vacancies are at record highs. Buildings are worth a fraction of what they were. Everyone has been trying to avoid marking their portfolios down to actual current value. But they cannot ignore it any longer.

https://x.com/Fxhedgers/status/2037511151437676722

Is there some sort of news coming after the bell that would cause pm’s to rally?

Or is the fall of the dollar set to begin?

Rates are backing off for some odd reason.

This is the best action we’ve seen in many moons.

maddog – as you say “breaking all correlations”