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

Just hanging in there while things are unfolding.

First hurricane LALA and now following behind it a depression possibly turning into another hurricane they named Moke. I home La Nino gives you a break after that but can only expect the worst and stay ready and hope for the best.

I locked myself out for a few months. I haven’t been following along but this was a great breakout this week. Ring the registers! Hope everyone is doing good

today the bond mkts were not impressed, so the Treasury said they may do more……no-one/few want bonds at these rates, which means the treasury is losing control…..apparently there have been no foreign buyers of US debt in August…..Pm’s have rallied hard, which says the asset of choice is now PM’s, over Bonds….which means v heavy money is coming into PM’s a small mkt .

Welcome back…….I was once with a mate who lives in Oklahoma and asked him what was the weather like there…..after he finished telling me….I said have you ever considered humans are not meant to live there.

And while the Chinese guy is probably correct in the legal stuff he is laying out (we have similar rules in Oz, not sure about safe purchases but it wouldn’t surprise me), he is either a complete idiot or working for the IRS, FINCEN or whoever as he wants you to disclose your holdings, safe purchases etc. in the comments section.

Yeah, it’s Asian Guy again… but the info is good.  MUST SEE!

Hurricane LALA smashed into the Big Island last Saturday.  Been five days without power, no internet, no cellphone.  Intermittent generator use kept the freezer & fridge cold.  Prepping pays off.  I survived.  Massive storm damage on island, and more storms coming our way.

SLV is still $3 away. GDX broke above it a couple of weeks ago. Obviously, the shares are finally leading.

I suppose the shares could pause while the metals play catch-up, and there is a gap about $6 lower.

The best thing is that we’re doing this against everything that would have crushed us just a month ago. Falling SM, rising rates and rising oil. The dollar held up today, but that chart looks sickly to me.

Feels like we’re just getting started, but we all know how that goes. Cautiously optimistic that this is the big one. 🙂

Wall Street Mav
@WallStreetMav
·
2h
Self deportation works.
Quote
Daily Mail US
@Daily_MailUS
·
20h
JUST IN: Prince Harry and Meghan Markle are moving back to the UK

They’ve got gold locked down but the shares are saying not for long. The Bitcrap effect.

If we find ourselves to be one of the few things going up in a down SM, look out above. We saw that 25 years ago.

I guess we’ll find out …

Do we see in the tea leaves future housing crisis worse with the sacrificing  commodities including housing for the dollar and then at some point in the future Fed buying mortgage backed securities QE to attempt to bring it back down?

The AI was hyped and hurt businesses even with good sales but didn’t reach unrealistic expectation of talking heads. I don’t think these data centers are gonna be too popular either. There’s a menace.

….like a pivotal moment in the battle!!!

zerohedge
@zerohedge
um, guys…

I wonder if $4500 is as important to the scum as $65 seemed to be in silver.

It looks like $70 is coming in short order. If $4500 breaks, does that imply that $5k comes in a hurry?

Regardless, the shares are pricing in higher metals, at least at the moment. They are desperately trying to tie the shares to the SM.

The Kobeissi Letter
@KobeissiLetter
·
20h
What the government is doing now is the equivalent of holding a 30-year mortgage at a 3% interest rate and refinancing it into a 4% one-year adjustable-rate mortgage.

In other words, you are replacing longer-term, lower-cost debt with shorter-term, higher-cost debt.

Now apply that to trillions of US dollars.

That is effectively what the US Treasury is being forced to do as long-term yields surge.

Unfortunately, the Treasury is largely playing the hand it has been dealt.

The next phase of the US deficit spending crisis began today.

I think it’s the algo’s as well via the banks, BUT I think they’re given a blank check and freedom from rules by the Fed. So, it’s still indirectly the Fed.

The banks care about profit, they don’t care whether it comes in the form of dollars, Euro’s or anything else.

This is a battle. Good to see us trying to hold on despite the relentless pressure.

The pm share and silver bull still has some life in it, even with the SM down and rates up.

Maybe even gold will kick it into gear?

I’m not sure the old scum, who I reckon were the Fed etc are operating anymore…….the scum I’m talking about are Algo type shorts and bear traders….but today they may have met their nemesis ….looks like share buyers are leading, they bid a down opening …..

Cheers

ABC7 News
@abc7newsbayarea
An Amazon customer in Texas was not enthused when her first drone-delivered order was dropped into her swimming pool. After hearing the loud buzzing of the drone arriving, she ran outside to record the delivery, and to her surprise, it landed in her pool.

https://x.com/abc7newsbayarea/status/2090204677992325185

From your charts of rising interest rates in Europe I’d bet that they are contemplating new money creating schemes just like the US. Bullish for us!

I don’t think the AI bubble will end well … anywhere!

Re: South Korea electing a “commie”

That’s unfortunate and surprising, such a successful and prosperous country electing a commie? It doesn’t make sense!