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

Gold has lost its mind

trading economics shows $19.45 @ 18:35 (east coast u.s.)

Minimising the gain in AUD. But it’s still a gain.

That would explain the verticality. Nothing to do with the ME, Yen, Ukraine, Trump; just what we’ve been predicting for decades.

It bounced hard today but drifted lower into the SM close.

We might just be seeing the beginning of the end of the dollar.

are a huge deal. Big business is fleeing the Communist state – finally. When the real estate crashes completely, the real trouble starts. Real estate has been the driver of wealth in the state for decades.

It’s a sad deal that the Demons got control of the state. It’s got some of the best land in the country. Grows so much of the countries agriculture. But as they’ve proven time and time again, you can’t tax your way into prosperity. Bigger government is never the answer.

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