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

Happy Fathers Day

Posted by goldielocks @ 17:21 on June 19, 2022  

Pays to be alert!

Posted by ipso facto @ 17:09 on June 19, 2022  

Vote in the Poll Vote in the Poll

Posted by ipso facto @ 16:58 on June 19, 2022  

Vote! Vote!

Posted by ipso facto @ 16:57 on June 19, 2022  

30 percent on the polls are they stupid?

Posted by goldielocks @ 16:44 on June 19, 2022  

They actually believe that Putin is the cause of high gas prices. Are the foreign nationals or just gullible. We don’t get our gas from Putin. We have our own. They neglected to look at weekly rising prices to daily before the war in Ukraine.
Plus this war is not our war and something between both countries that’s been going on for a long time and Biden is just injecting himself it it.
What is he going to do about the Dept?

@ Richard640….FWIW

Posted by old-timer @ 15:54 on June 19, 2022  

A bit of info on the economic forum, the “NWO” according to the other players.

http://thesaker.is/st-petersburg-sets-the-stage-for-the-war-of-economic-corridors/

Buygold @ 11:00

Posted by MetalsGuy @ 15:24 on June 19, 2022  

What we are seeing is a false apparent strength of the USD. The excessive currency creation, low-interest rates, and bailouts guaranteed CPI inflation and it was already becoming apparent before the Ukrainian-Russian conflict. The back-firing of the sanctions against Russia only served to increase the pressure on the supply of raw materials and therefore create further pressure on the CPI. The theft of Russian funds by Western banks has also served to make other countries more aware of the vulnerability of their Western-held funds and encourages them to move further away from the USD system. The Bric+ group is strengthening their ties and soon will be a viable alternative to the Western financial system. The USD is definitely close to losing its sole reserve currency status.

I don’t know when gold will finally break up, but some of the factors above will definitely accelerate the process. You can bet that Russia is buying more gold as one way of keeping its Ruble from getting too strong (selling Rubles for gold). In the future, their gold will act as a support for the Ruble.

Metals Guy, R640

Posted by Buygold @ 14:14 on June 19, 2022  

No question the USD is falling against real goods, even falling vs. gold but seems slow.

One thing was true Friday, the USD was strong against the other fiats and gold.

I’d like to know when gold is going to take command and where all the money is going from the sale of stocks and bonds and Bitcoin?

BTW, Bitcoin is attempting a comeback, and trying to push back above $20K

Buygold–thanks, I didn’t know that–dollar weakness happened on Thursday-it was down .1600 but

Posted by Richard640 @ 12:41 on June 19, 2022  

immediately reversed on Friday–are rising artless responsible?

Buygold @ 11:00

Posted by MetalsGuy @ 11:29 on June 19, 2022  

There is only a USD relative strength against a basket of other fiat currencies falling towards zero. Many incorrectly see the USD as a safe haven, so they invest. It might be safer but not safe.
Just look at the cost of goods in USD; it is plain to see that it is losing value.
Yes, the Ruble’s purchasing power is holding better than any other major currency, as they are producing real goods.

R640 – I say this:

Posted by Buygold @ 11:00 on June 19, 2022  

The Ruble is up 22.5% on the year vs. the USD. How is that even possible? OTOH, if they have actually backed their currency with gold or other commodities, it makes perfect sense and should be falling faster against the RUB.

Something just isn’t right with the USD strength. JMHO

 

This-IMO/JMO–is some VIP sh*t-!! What say YE? Russia’s New Rules=

Posted by Richard640 @ 9:50 on June 19, 2022  
And it knows Davos has zero leverage over Russia’s actions from here on out.
Which brings me to the statements linked above by Gazprom CEO Alexei Miller, speaking at a panel at the St. Petersburg Economic Investment Forum (SPEIF) who just put the situation in the starkest terms there is.
“The game of nominal value of money is over, as this system does not allow to control the supply of resources. …Our product, our rules. We don’t play by the rules we didn’t create.”
Miller’s statement should be thought of as a statement of principle across all theatres of operation for Russia. This doesn’t just apply to natural gas or oil. This is everything, all of Russia’s dealings with the West from here on out will be on its terms not the West’s.
This is clearly the biggest geopolitical middle finger in the post WWII period.
Miller is clearly laying out the rules for a new, commodity-centric monetary system, one based on what Credit Suisse’s Zoltan Poszar called ‘outside money’ — commodities, gold, even bitcoin — rather than the West’s egregious use of ‘inside money’ — debt-based fiat and credit — to perpetuate old colonialist behavior well 
 after Russia soft-pegged the ruble to gold.

 

 

 

https://www.zerohedge.com/geopolitical/luongo-russias-new-rules

The banality of evil

Posted by Richard640 @ 9:39 on June 19, 2022  

Editorial Cartoon: Gary Varvel | Cartoons | unionleader.com

Morning Ipso

Posted by Buygold @ 9:33 on June 19, 2022  

Yes, let’s hope the COT’s are going to come through and get us some higher metals prices.

Looks like sellers are content holding dollars for now.

Maya 20:13

Posted by goldielocks @ 22:23 on June 18, 2022  

That is funny. I hope people don’t have their life savings in it.
They just got canceled. Well not yet. Hope they don’t. The government will just try to replace it.

What’s funny is the cancel culture on Twitter got canceled along with their up side down misinformation propaganda. They can’t block people then lie about them and now getting called out. They tried to slander M Flores of Texas and she called them out. With the power outs coming from their leader Joe, Musk should put them on hourly wages.

ipso

Posted by goldielocks @ 20:47 on June 18, 2022  

I hope to too with alternative resources. You think with Pelosi and Piece of Schiff they would of exempted Calif from climate change too.
I’m surprised Wisconsin is in there with highest risk but they have shut down some old plants. There worry will come more in winter.

goldielocks

Posted by ipso facto @ 20:35 on June 18, 2022  

I’m just incredibly glad I dodged that bullet!

Good as gold LOL!

Gold Train

Posted by Maya @ 20:19 on June 18, 2022  

Golden Ontario
https://railpictures.net/photo/791976/

 

BTC ‘investors’

Posted by Maya @ 20:13 on June 18, 2022  

I knew this would happen eventually.   (snicker)

He he he heh….     BWAAHH  HA HA HA HA HA     SNORT!

I got in and out of the Tulip garden early… and watched.  🙂

 

We’re heading for three digits stating early next week.

Posted by goldielocks @ 17:49 on June 18, 2022  

No data for eastern or south eastern states on the map. Maybe the politicians exempted these states.

100m living in Midwest, West Coast and Southwest face summer power outages from hot weather, climate change, overstretched fossil fuel power plants and unreliable green alternatives, energy regulator warns.

https://www.dailymail.co.uk/news/article-10834143/amp/Millions-Americans-risk-blackouts-summer-heat-drought-strain-power-grid.html

Ipso

Posted by goldielocks @ 17:19 on June 18, 2022  

Ps These talking heads of end of the world emotions are gonna tell you that or when a bottom is in or they’re looking fir one? Lol They won’t because just like you and I you won’t want to tell everyone else about it until you secured yourself or they’ll all be jumping in at the same time. When that time does come that is. I expected a fake out then another drop and so did others but news was so bad it just kept dropping lol I think everybody knows by now the Fed is the lone solider who’s gonna take the heat.
It’s also expected if the economy does go in a officially called recession “ he’s gonna reverse course. Whether he will or not is only speculation.

Ipso

Posted by goldielocks @ 17:01 on June 18, 2022  

Aside from Bitcoin “ so far” which I’m sure is bad enough all these people who didn’t cash out and get at least some tangibles while others “ like goldbugs do some will or have done both see a opportunity to buy more or those who will hold.”
It does pale to the global mess that’s evolved but I can make a pretty good guess as far as the SM goes big money and small speculators as far are either starting to buy and or waiting for what areas of support their going to start buying the major players first for down the road and smaller everyday “ like you and me” chartist or fundamentalist are watching for that level as well as any current opportunity’s. Like that saying buy when bloods in the street. There not gonna get caught up with the emotions or trying not to with the catastrophic unfolding led by the current administration. There looking forward to a bottom lol Thing is they put it on the Feds shoulders and he can’t fix the mess the WH is causing or bad economic choices or maybe only choices of other nations.

Richard640

Posted by ipso facto @ 16:54 on June 18, 2022  

“BTC” Unbelievable! Tough to forecast that!

Buttcoin=17,818.32-2,854. IPSO==Looks like it’s crash city!! But the numb skulls refuse to switch to G&S…so far…Sunday nite’s gonna be interesting…

Posted by Richard640 @ 16:44 on June 18, 2022  

https://finance.yahoo.com/quote/

BTC-USD/17,818.32-2,854.48 (-13.81%)

As of 08:38PM UTC. Market open.

New Poll New Poll

Posted by ipso facto @ 10:50 on June 18, 2022  

Vote! Vote!

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.