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

Israel is pissed.  Gaza will be leveled.  Iran says it will attack if that happens.  If Iran attacks too, then the big stuff comes out.  Israel will not go down without a nuclear fight.    Looks like the pot just boiled over.

First generation EMD FTs on the Rio Grande.
None of these locos were preserved.
https://railpictures.net/photo/823285/

Going in the right direction. Don’t know how they looked the last three days of the week, but they are still heavily short.

CFTC Commitments of Traders Report – CMX (Futures Only)

In Sinclair’s notes  about the economy is even worse now although a good road map which may have prevents some people from jumping into long term bonds and losing money.

This third world undeveloped nations  invited by the Demo’s  crossing our borders in droves is  draining our resources, business and tax payers capital and spread the love (sarc) causing over crowding and overpopulation, lower wages on top of increasing inflation.

Now we find they’re using our tax money even if they can’t pay all the debt they caused including what they owe the citizens they want to put on the back burner, we’re being duped into a proxy war as a excuse to fund Ukraines WHOLE corrupt mismanaged country. After all, what excuse would they give to pay All the bills of Ukraine which there is no excuse if they couldn’t mask it with something.

From their banks to their government workers and entitlements, to schools, to small businesses to everything,  to rebuild their country who will likely continue having trouble managing and raising capital while ransacking our country.

Then we have purposeful human trafficking right into this country were  our tax dollars are being siphoned off with other special interest like sky high  overpriced projects to certain states or even foreign country’s they shouldn’t be allowed to do without all the states permission which they know wouldn’t get to give to Peter to pay Paul or his back pockets or election  campaign.

To spend money on this or that state and expecting the other states to pay for it total incompetent arrogance and should be banned. 

To transport illegals on welfare without consulting us for obvious reasons giving job permits to thousands inflating the number looking for jobs inflating unemployment of citizens and lowering wages which will cause a developed nation to a lawless high population poverty , lack of resources including their outsourcing by these criminals.

Now before elections and that Cuban parasite Mayorkas fear the repubs will stop his gravy train to 1 dollar a year.

They’ll still LET them in, or by boat  or fly them in and still hand them free housing and welfare services than citizens would get and don’t even know who they are or care.,

The great reset is a masked great criminal heist causing low capital and will eventually fail to attract bond buyers or investments other than buying up more of our resources for themselves  they’re lacking instead if paying for it and people in office who are just as corrupt and incompetent as these Banana republics they would turn us into.

Buffet’s 5 minute plan.

“I could end the deficit in five minutes.  You just pass a law that says that any time there’s a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election.  Yeah, yeah, now you’ve got the incentives in the right place, right?  (Laughs)

So, it’s capable of being done.  And they’re trying to use the incentive now that we’re going to blow your brains out, America, in terms of your debt-worthiness over time.  And that’s being used as a threat.  A more effective threat would be just to say, ‘If you guys can’t get it done, we’ll get some other guys to get it done.'”

The only problem: the people who would have to pass such a law are the same people who would lose their jobs.

How much down Monday……..A lot of shorts around who might not want to stay that way .

How much does gold go down Monday on this war news??

… and communes or ‘tribes’ of those who are awake to the globalists ( eugenicists ).

Sure seems like you’re not a member of society if you don’t have a cell phone. Lots of entities won’t deal with you if you don’t have one. I think they’ll try to phase the CBDC regime in slowly. Cash will be allowed alongside it but then made more and more inconvenient and then some stores won’t accept cash … and it will get squeezed out. That would be a giant nightmare!

Most younger people seem comfortable with using no cash at all.

“not looking v good so far.”

No it isn’t. Who knows where it ends?

Read somewhere that some of the weapons used by the Palestinians were sent to Ukraine by the US. Don’t know if it’s true.

My broker ? Charles , not Klaus … will deal with it when back in USA.
I am in Colombia without Phone link to USA and locked out of online banking because my bank ( of close to 50 years , counting takeovers ) will ONLY send verification codes to my US cell phone , and refuses to use my encrypted email ( which they regularly use to send me notifications – and is far more secure than any cell phone !). Same is true of USPS – hold mail limit is 30 days . Went online to extend and they , too require verification code to US cell phone . We can see where this is going … the set up to CBDC .

Life could get very hairy over the next few months as there is only so much time until Trump could get re-elected and then the World becomes dangerous for such antics…..

Seems this maybe Iran inspired, to wreck the Saudi /Israel peace deal…….Israel says it will go into Gaza…Iran says,. if it does, it will attack Israel.

not looking v good so far.

https://www.zerohedge.com/geopolitical/watch-palestinians-use-drones-attack-and-cripple-israeli-tanks

Hamas has reportedly launched 5,000 missiles into Israel. Also there are reports of Hamas soldiers entering Israeli neighborhoods in the south.

I suspect Gaza is about to become rubble in the next few days. pic.twitter.com/viCuOpIuKp

— Wall Street Silver (@WallStreetSilv) October 7, 2023

Yes I think we will enter a multiyear bear market.  There might be one more high before or perhaps a failed high that may have already happened.  The 1929 crash from an EW perspective has always been controversial.  It might be this high will be equally confusing.

I have been buying small starter positions in different miners.  I had to sell some as  my loss threshold was hit.  Some of those I have rebought.  I plan if this rally continues to use some benchmark to weed out weaker ideas and add to stronger ideas.

If the rally does not continue I will sell some but retain a core and perhaps just decide to take the ride or perhaps finally retire.

Fortunately on the government notes I did shorter duration 1 to 2 years and recently even 6 month.  My investment thesis that rates could not go much over 4% because of interest on the government debt and the stock market appears to be wrong.  By early next year most will have matured.

We did buy a lot of Ibonds with the 10% beginning yield and now even 5% compounded on those works well. There were several legal avenues to exceed the 10k per year limit which we used.

aurum

Yeah that’s what’s happening right now and he might have wrote that in 2003. Very disturbing at the end if it keeps spiraling down.
Other wise we could see some sectors moving up mid October and Nov. Some things seemed to be factored in early this year to over bought them a sell off or selling of to hold their gains but now the difference is the dollars moving up that could change the directions in sectors including the few that would benefit from it and have to watch the dollar and the Fed.

Sinclair outlines exactly what is happening right now actually.

I wonder if the SM might just enter a multi month/ year downturn with bounces like we saw yesterday? A slow bleed.

But there is a little justice out there. JPM was fined a whopping 37.5 cents per infraction for their illegal conduct. Boy, will that teach them not to cheat! or will it?

Notes

JIM’S FORMULA

1. First interest rates rise affecting the drivers of the US economy, housing, but before that auto production goes from bull to bear markets.
2. This impacts many other industries and the jobs report. An economy is either rising at a rising rate or business activity is falling at an increasing rate. That is economic law 101. There is no such thing in any market as a Plateau of Prosperity or Cinderella – Goldilocks situations.
3. We have witnessed the Dow rise on economic news indicating deceleration of activity. This continued until major corporations announced poor earnings, making the Dow fall faster than it rose, moving it deeply into the red.
4. The formula economically is inherent in #2 which is lower economic activity equals lower profits.
5. Lower profits leads to lower Federal Tax revenues.
6. Lower Federal tax revenues in the face of increased Federal spending causes geometric, not arithmetic, rises in the US Federal Budget deficit. This is also true for cities & States as it is for the Federal government.
7. The increased US Federal Budget deficit in the face of a US Trade Deficit increases the US Current Account Deficit.
8. The US Current Account Balance is the speedometer of the money exiting the US into world markets (deficit).
9. It is this deficit that must be met by incoming investment in the US in any form. It could be anything from businesses, equities to Treasury instruments. We are already seeing a fall off in the situation of developing nations carrying the spending habits of industrial nations; a contradiction in terms.
10. If the investment by non US entities fails to meet the existing dollars by all means, then the US must turn within to finance the shortfall.
11. Assuming the US turns inside to finance all maturities, interest rates will rise with the long term rates moving fastest regardless of prevailing business conditions.
12. This will further contract business activity and start a downward spiral of unparalleled dimension because the size of US debt already issued is of unparalleled dimension

I think it’s because if it’s sudden we don’t expect  it, is why it’s a surprise. But then as we get older but mostly the younger ones we start seeing more and more people we know die so the thought why does it seem a surprise then comes to mind because we don’t think about dying everyday anyways because we get older but living. That’s a good thing,

I remember the bugs would mention him a lot and remember his angles. They seemed to be working pretty good until 2008. Then things started getting messed up. He still has his site for now JM mindset and a FB page who post  news on there similar or same as here.

The Santa Fe ‘Chief’
https://railpictures.net/photo/823288/

So sad to hear that.

Why are these moments, although not unexpected, always such a shocking surprise?

RIP Mr. Sinclair.

https://gregreese.substack.com/p/who-are-they?r=poko7#play

I just posted it at 16:33. He’s right he’s become a global terrorist by weaponizing representatives of that country.

His quote that says he can’t hide in the background when he’s playing the boss of the people he’s weaponized.

… According to Putin, globalists including Schwab and his close advisors are “legitimate military targets” because they have been actively attempting to seize power illegally via a globalist coup d’etat

Putin Warns ‘Globalist Terrorist’ Klaus Schwab His ‘Days Are Numbered’

https://www.2ndsmartestguyintheworld.com/p/putin-warns-globalist-terrorist-klaus?utm_source=post-email-title&publication_id=400535&post_id=137710228&utm_campaign=email-post-title&isFreemail=true&r=owbv4&utm_medium=email

Doubt Herr Schwab is gonna be swanning around in any airplanes, ever again…in fact I doubt he will be far from the nearest bunker any time soon……but how will he stop Vlad using of these as an enema

https://www.thesun.co.uk/news/17940186/russia-footage-zircon-hypersonic-nuke-missile-hit-london/

Would have liked to see the SM down and pm’s up.

Dollar down 3 days in a row. Rates up today.