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

If we had any honesty around in our ‘elders and betters’……someone would audit the scum trading and find a black hole in the bottom line, that would compare with the best ……ystdy they must have thrown billions at the mkts and yet as of now every cent spent is at a loss and a loss that is growing fast….

But especially silver, currently up $1.07 – 3.6%. Gold up $20. So, at the moment we’re better than we started the day yesterday.

SM & Bitcoin running as well. Rates coming off a couple bips. Dollar backing off against the Euro and Sterling, flat against the Yen. 140 Yen must be support of some kind.

It appears to be all systems go at the moment. Not sure why the selling yesterday but they’re getting their election rally right now.

Course, it’s ridiculously early. We’ll see how things hold up in a few hours.

Maybe mother nature is having about enough of these humans. I guess when that wanna be assassin was in Hawaii he was scamming people out of money. Someone donated money to him to build small homes for the homeless and he never followed through and wouldn’t return the money. Gotta hand it to whomever put him up to the attempted assassination. Be BlackRock, C-IA, they can find use for even the most useless.

I had a minute last night to learn something about volcano fissures which I know little about. How they’re formed when previous eruptions weaken the ground around the volcano which makes some sense and can be similar to human wounds that speaking of which.  A friend is going to send me a very good and big microbiology book her late husband had of many with nites written all over it and articles attacked to it she was going to throw away. All the notes and articles even better in my view to keep because things keep changing. I just kinda put the stock market on hold with hedges going either way so it just stays put.

Here’s a young Russian, his wife just had a baby and have a preschooler.

He started making a living posting on social media about living in Russia and learning English. Not allowed to talk about anything political of course.

All of a sudden he finds Russian YouTubers are now stopped. He went to Turkey to let his followers and people who watch it occasionally  know.

You can see he’s very upset a wife two kids and his income just got cut off.. I could be wrong but have this feeling that Putin is holding back to see where these elections go. That they’re starting to prepare for war now if Kamala wins by some mishap. I remember once something about a Russian sub right off the coast they didn’t even know about.

Here’s a comment on the ideology as a campaign strategy you mentioned.

This was buy the 50 point rumor sell the news. The market is so impatient.

They made their choice, Instead of bringing cost down they fear deflation and choose inflation when it’s inflation that’s costing a lot of the jobs and on top of the demos inflationary  brain dead policy’s.

Right … this might last a little while but not expecting to see more than $300ish come off gold worst case scenario. And who knows da boys might decide to start monetizing things again if stocks and bonds decide to sell off before the election – not that they aren’t doing that now via the working group(s).

Cheers

There have been some belting reversals on the way up, that the mkt has shrugged off….lets see if that happens again.

Clinton brought most of the US debt into 5 yrs or less paper, that way he paid out less to begin with on debt servicing, which helped him boast about having a budget surplus……

But now when u get rising rates and not having much debt beyond 5 yrs, means u have to auction far more often and of course pay more if u want to go longer …..

Pretty sure they’ve broken all records for reversals in a single sector.

We’ve watched this happen for decades now. Same old, but a different time now.

They better get the bond market under control, the last thing they want is to cut and have rates actually rise.

… to get as many outside down days in a sector as possible … they got it today in the PM sector.

Chuckle

but it’s inevitable. They’ve got the bond market selling off and rates rising to help the dollar a little.

This is the beginning of the end for them.

Today was a buying op. They can get away with these games at this time of the afternoon in NY, but not tonight. All of course, JMHO

The general is leading.

Roger that, re your part “plus they would have to pay huge taxes, just so the Government could pay interest on it’s debt and tks to Clinton”

Clinton was 1983 to 1992. If I remember right, business in the USA was good and wages were high around 1969 and we had a budget surplus. Naturally after that 1970 peak in prosperity the national debt turned into a deficit as we started importing, farming out our jobs. Killed many business taxes and wage taxes less taxes coming in.

Lord knows how many billions were just thrown at the dollar to turn it back…….utter madness.

Dollar has come racing back, but the shares haven’t tanked completely.

Powell must’ve tried to downplay the cut, but he can’t do that without taking the SM down, and he did. This is all program selling and they’ve waterfalled silver, but the shares don’t look horrible.

We might have to wait until tomorrow, but the rally will continue. They do this at 90% of the Fed meetings, so no real surprise that they’d try to wreck the charts. Too bad we have to put up with this stuff, but we’ll just come back tomorrow and Friday, if not by the close.

NEM still up.

Re yr people can’t afford 18 %…….plus they would have to pay huge taxes, just so the Government could pay interest on it’s debt and tks to Clinton…..most debt is short term…like 5 yrs and less…so they have to keep coming to the mkt to rollover maturing debt……

As u say the numbers just can’t be made to work…..default is the only answer… !!!!

Meanwhile everyone will party for a few months as rates ease.

Back in the 1970s, before massive imports, people could afford 18% on a $40,000 house. Also three year $3,000 for new car loans were affordable. Houses these days are $600,000, and cars are $50,000, explaining the 6 year 10% car loans common these days. The Fed would NEVER be able to raise rates to 20% with everything so much more, and general wages not keeping up with inflation.

the reversal off $2600

Silver goes negative first. Problem for them is that they can’t take pm’s down without taking the SM down too.

There are buyers underneath us though. The dollar’s demise has started.

Shares outperforming the SM, been a long time since we’ve seen that.

I have no doubt they’ll take a run at us at some point, but Powell doesn’t seem to be hurting us just yet.

Check the 1 minute charts on the 2 yr and 5 yr Notes …….carnage.

I haven’t seen the news but it seems that the party started.

If u wanted to buy an awful lot of Gold cheap and in a hurry…. put yr bids below the mkt..for when the scum smash it on the announcement…..

Everything pretty weak, which is how I’d prefer to go into the announcement, but I do notice that NEM is up.

Back in the day, NEM was a great indicator of things to come. Call me superstitious. ?

So, looks like with a .50 cut everyone’s happy and we carry on. If they only do .25, then everything crashes, the dollar soars, and the pm rally probably stalls for a while, or until WWWIII starts.

ZH has an article saying that all the traders are positioned for .50. I’m sure the Fed knows this, so will BlackRock tell them to pull the plug on all those traders, or will there be peace and harmony in the markets before the election?

Dollar is down a little to start, Bitcoin too. PM’s are flat. Oil down almost 1%. Bonds selling off, rates up almost 5 bips. SM up a little.

How ridiculous is it that everyone has to watch a group of unelected elites fiddle with rates to determine whether they win or lose? While no doubt the biggest players already know the outcome and are positioned accordingly. We live in a video simulation where nothing is real.

Thank God this life is temporal, and I am nothing more than vapor here in this gulag.

https://finviz.com/quote.ashx?t=IDR&p=d