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

If you can tell what a commie looks like … she’s it! What a shame!

Have a great trip … maybe we’ll be recovering by the time you return.

“rigged elections” I wouldn’t be surprised! We’ll have to keep an eye on those elections. Europe doesn’t have much time to turn things around!

https://www.msn.com/en-us/money/chart?id=a1n2hw&comparisons=a1upz2%2Ca1pe52%2Ca1v3sm%2Ca1r9u2%2Ca1ntfr%2Ca22irw%2Ca1oycw%2Ca1si4c%2Ca1n1im&timeFrame=1D&chartType=line&projection=false

Re Ireland vote…check it out…loads of tactical voting…a very strange result…just wait till she opens her crazy mouth…Trump will set the tariffs through the roof….if you think Canada has it bad, just wait. !!!!

Am off for a week, from tomorrow….. so will be light posting….

Ipso – I’m pretty sure those elections in Europe are rigged. We’ll see what happens with the Dutch, Geert Wilder is the favorite. If he loses, they stole it.

Captain – Hope so. I’m surprised we’re even hanging around $4K. Hard to see silver snapping right back or even the shares, they both go down so fast, but we’ll see.

… based on COT related considerations … with the month set to come in with an all-time physical demand record.

The comex gold sell off is all paper driven as the record physical buy continues

What’s more … open interest (OI) report spoofing should not accomplish any lasting weakness with Comex increasingly becoming a cash delivery market … case in point today’s preliminary number was reported as an OI gain of more than 11,000 contracts … but in checking the final numbers now we can see in the attached above a decline of 44 contracts … they are hoping to deter buyers with the appearance on an expanding OI.

And as for silver … with October being an off month (non-delivery) … with deliveries set to exceed 40 million ounces not including exchange for physicals (giving London a bigger problem) … and as evidenced in still high spreads and lease rates … it would not be surprising to see a bid come back into the market once December arrives … a delivery month.

Silver Futures Volume & Open Interest – CME Group

Every day … drip drip drip … physical silver is leaving both Comex and London vaults.

Drip drip drip could turn into a torrent in December if buyers decide they want to top up their holdings before year end.

It’s just a matter of when not if investor participation starts to drift higher again towards more normal historical levels.

Cheers all

the old scum playbook will never go away….

Shake the tree hard enough for the weak nuts to fall, cover some of your shorts, have a rate cut, end-of-the month marks, and then let it go back up.

Wash,rinse,repeat.

I saw that. What a disappointment … and just when I thought they were getting fed up with the immigrants. It’s downhill from here!

A good victory for Argentina. It’s time we get a grip on our Southern Hemisphere instead of worrying about Ukraine and the EU’s lust for war with Russia.

Big loser is Ireland, somehow voting in a communist president. They are doomed.

Milei scores historic win in Argentina midterms, tightens grip on Congress

Argentine President Javier Milei secured a decisive victory Sunday in midterm elections, expanding his control of Congress and giving his government fresh momentum to push forward with deep spending cuts and sweeping free-market reforms.

https://www.foxnews.com/world/milei-scores-historic-win-argentina-midterms-tightens-grip-congress

Tavi Costa at Crescat Capital:  “Jim Cramer is telling you to sell gold.  That’s all you need to know about where we are in the cycle.  We’re just starting to see central banks acquiring gold in a big way.  This is the first time since 1996 that they own more gold on their balance sheets than US Treasuries.  These types of trends don’t stop here.  Back in the ‘70s, central banks used to own 75% of gold on their balance sheets.  Today they own 20+%.

This was one of the quietest years EVER, in my lifetime, regarding hurricanes in Florida and the Southeast. There was never even one whiff of one maybe hitting us.

Cat 5 hurricane about to hit Jamaica.

Hurricane Melissa trajectory, track, spaghetti models. Florida update https://share.google/867xUYeOiifquudoo

German ICE T
https://www.railpictures.net/photo/889450/

Let’s go step by step again for 2002

Step 1: Average (median) U.S. house price in 2002

According to U.S. Census and Federal Reserve data, the median home sale price in 2002 was about $187,600.

Step 2: Gold price in 2002

Gold averaged roughly $310 per troy ounce that year.
(Source: World Gold Council historical data)

Step 3: Calculate ounces of gold needed

Ounces of gold=House priceGold price per ounce=187,600310≈605 ounces\text{Ounces of gold} = \frac{\text{House price}}{\text{Gold price per ounce}} = \frac{187,600}{310} \approx 605 \text{ ounces}Ounces of gold=Gold price per ounceHouse price​=310187,600​≈605 ounces

Answer:
It took about 605 ounces of gold to buy the median U.S. house in 2002.

Bonus comparison:

• 1968: ~706 ounces

• 2002: ~605 ounces

• 2025 (today): median home ~$430,000 / gold ~$2,400 ⇒ ~180 ounces

• In terms of gold, U.S. houses have become roughly 3–4× cheaper since 1968.

That’s a great historical economics question — let’s work through it step by step.

Step 1: Average U.S. house price in 1968

According to U.S. Census and Federal Reserve data, the median home price in 1968 was approximately $24,700.

Step 2: Gold price in 1968

In 1968, gold was still under the Bretton Woods system, which pegged the official price of gold at $35 per troy ounce.

Step 3: Calculate ounces of gold needed

Ounces of gold=House priceGold price per ounce=24,70035≈706 ounces\text{Ounces of gold} = \frac{\text{House price}}{\text{Gold price per ounce}} = \frac{24,700}{35} \approx 706 \text{ ounces}Ounces of gold=Gold price per ounceHouse price​=3524,700​≈706 ounces

Answer:
It took roughly 706 ounces of gold to buy an average U.S. house in 1968.

Bonus perspective:

If you bought that house in gold instead of dollars:

• Today (2025), gold is roughly around $2,400/oz (this fluctuates).

• The same 706 ounces of gold would now be worth about $1.7 million, while the median U.S. home price in 2025 is around $400,000–$450,000.

So, in gold terms, houses have become much cheaper over time.

Excellent question — and 1980 is a particularly interesting year because silver prices spiked dramatically due to the Hunt brothers’ attempt to corner the silver market. Let’s walk through it carefully:

Step 1: Median U.S. house price in 1980

According to U.S. Census Bureau data, the median new home price in 1980 was about $64,600.

Step 2: Silver price in 1980

Silver prices fluctuated wildly that year:

• January 1980 peak: ≈ $49.45 per ounce

• 1980 annual average: ≈ $20.98 per ounce

Let’s calculate both ways to show the range.

Step 3: Calculate ounces of silver needed

At the January 1980 peak ($49.45/oz):

64,60049.45≈1,307 ounces\frac{64,600}{49.45} \approx 1,307 \text{ ounces}49.4564,600​≈1,307 ounces

At the 1980 annual average ($20.98/oz):

64,60020.98≈3,078 ounces\frac{64,600}{20.98} \approx 3,078 \text{ ounces}20.9864,600​≈3,078 ounces

Answer:
It took roughly 1,300–3,100 ounces of silver to buy a median U.S. home in 1980, depending on whether you use the market peak or the year’s average silver price.

Bonus perspective:

• 1968 (gold basis): ~706 oz gold per home

• 1980 (silver basis): ~1,300–3,100 oz silver per home

• Today (2025): median home ~$430,000 / silver ~$28/oz → ~15,000 oz silver per home

So — in silver terms, houses are much more expensive today than during the 1980 silver boom.

https://chatgpt.com/

India’s adoption of a 10:1 silver-to-gold collateral ratio marks a historic shift in the monetary system, granting silver formal recognition as a financial asset and establishing a new reference point for silver’s valuation in modern banking.

https://thesilverindustry.substack.com/p/india-unleashes-silver-as-banking

https://www.jpost.com/business-and-innovation/precious-metals/article-871338

And why fixed income is buying and allocating  gold..

I’m wondering and hoping these tarriffs won’t hurt more business than it brings in or back with supply issues aside from bubbies.

https://x.com/TFTC21/status/1977027310479196206

The Government shut down could last till mid November. The longest in history. Grocery store are not gonna like the demos. I think the snap food stamp program they get them on it around the first of the month. I remember getting off work during the night and stopping at Walmart occasionally to grab a few things  that stayed open past midnight back then and around the first of the month people would be shopping midnight hours with young children and baby’s. They couldn’t even wait till morning.

https://x.com/Polymarket/status/1981075100209418430

https://x.com/shanaka86/status/1981389723966066889

https://www.coindesk.com/markets/2025/10/15/gold-isn-t-overpriced-on-purchasing-power-test-blackrock-s-evy-hambro-says