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

Don’t mess with Texas. @DiMartinoBooth pic.twitter.com/yJbEZDqDR4

— Tom Luongo (Head Sneetch) (@TFL1728) January 25, 2024

I’ve been having the same concerns. I already am about half in phys, but at 78, and having recently sold my house, I am uncomfortable holding even good bullion funds like CEF or PSLV, especially in light of “The Great Taking”. Furthermore, I’m also reminded of Another (going back a few years ?) and his, “all paper must burn”! I’m getting too old for this shit, which I thought would end with “a shot to the Moon” within a few years of Nixon’s move in 1971 – although the 1979/80 shot was good, even if short-lived.

Endangered Semaphore signals
https://railpictures.net/photo/831713/

I have no idea to be honest, but my thinking is if tbills fail then our whole world is gone.  And the government can print money to keep paying the tbills.  No doubt we would be losing money especially considering whatever inflation gauge you like.  Still most of your principal would exist.  I am still pondering the problem.  If your only concern is preserving paper capital what to do?

I will post more if better ideas present.  For now over the next many months I will rotate out of positions into 4 wk tbills.  I may even sell NAK even though originally I planned to hold.  One of the other reasons I need to retire from trading, my mood has gotten to affect my trading.

I wish I could be of more help.

aurum

I didn’t address your concern of the shuffling of the government debt payments.  Of course it could happen.  Would not surprise me.  But think of the havoc on banks, insurance companies that hold them.  So it seems to me to be a lesser risk.

added: keeping some US dollar cash as you hint at I think is a good idea.  But if tbills fail won’t that?  Again I will try to post a better idea as I have spent much time trying to decide the best plan for my family.

and added while perhaps the smallest risk is the third party risk.  Some of our bonds particularly isavings bonds which we bought when you could get 10% out of the gate and use several legal avenues to buy in quantity are not a bigger problem but the 4 week tbills through our brokerage has a certain perhaps little third party risk

I have the same apprehension of the wheels coming off sooner rather than later. I am out of most paper assets except for my long-held miners that are too beaten down to be worth selling. I have a variety of hard assets, and I have cash. More than I’d like to hold, but don’t know where to put it. Or whether to hold it. In a hyper inflation, it will become worthless. Much better in a deflation, of course, but only if it is still being used in the form I have it, and hasn’t been re-valued or even banned. You mention 30-day t-bills. Does one want to hold government paper–of any kind or duration–if there is the risk of default or some kind of drastic re-organization? Is that too far-fetched a notion? People always think it can’t happen here…until it does. I’m seventy approaching seventy-one, semi-retired soon to be fully retired. I’m much more interested in security and stability than I am in return.  If you happen to feel like thinking out loud, I’d listen.

If he and his voters want to make Canada poor again, ruled by foreign countries at their expense when it’s just a illusion so be it but we don’t want it here as we have enough people like that to worry about. I knew there was going to be trouble when they voted for Trudeau like they were either virtue signaling a lie or were bored and wanted entertainment insead of a safe and a strong economy maintaining their own culture.

I wish these Canadian freedom fighters well that don’t want to be ,’kept” by treating them like their stupid as a excuse to make decisions for them to benefit their illusion like  parasites bleeding their individual freedoms and economy dry with dictatorship and stupidnomics. It’s some accompaccomplishment for so few to hopefully wake up the rest maybe and stop playing apologetic when they had nothing to apologize about in the first place.

Trudeau’s Karma will get him some day!

I’d love to hear his talks with Klaus.

Have a great weekend everyone!

I got that but what are they going to do about it and hope the people donate and get behind these lawyers,  and the financial loss they caused these people for exercising their rights or the jailed like the woman who started to go fund me, citizens who donated as well he illegally wanted to freeze their accounts even from other countries who donated to them.

The people in jail who had legally owned guns and ammo at home like thousands of others as a excuse accusing them of anything  they could dream up caused by the  pathetic coward who went and hid when the protest started and called his puppet masters and probably got the idea to do  from someone like Klaus Slob. Now I heard he’s hiding again. I bet those telephone calls could be hilarious. Help save me, I followed your instructions  and now they’re coming after after me.

GOLD – always know the very big picture. pic.twitter.com/Y3LlLMU1Uo

— Graddhy – Commodities TA+Cycles (@graddhybpc) January 26, 2024

A Canadian high court just ruled that Trudeau’s government overstepped it’s authority when they froze people’s bank accounts.

I hope they charge him with a crime too. What he did was criminal. That puke still has people locked up on false charges like Jan 6 citizens

I don’t know all the wrong they done here besides false charges but also inticed and aided entrapment.

Entrapment is a complete defense to a criminal charge, on the theory that “Government agents may not originate a criminal design, implant in an innocent person’s mind the disposition to commit a criminal act, and then induce commission of the crime so that the Government may prosecute.” Jacobson v.

A big story here in Canada .. https://t.co/WQY6upLd95

— Willem Middelkoop (@wmiddelkoop) January 24, 2024

That’s true, they collect plenty there! I worry about passing other cars, if you can’t do it quickly then it’s a lot more dangerous.

Just a little more weight on the boot heel.

I keep thinking we’re going to have a good day …

At least flat is better than being clobbered!

Re speeding fines…..if they put those limiters on, they lose the fines income…..not too bright that Weiner fellow.

BREAKING:

⚡ ?? Pentagon:

"We are leaving Iraq"

The head of the Pentagon confirmed that the US will start negotiations in the coming days to replace the "coalition military presence" in Iraq with "bilateral cooperation".

As early as 2020, the Iraqi authorities demanded that… pic.twitter.com/LFSucGnqIv

— Megatron (@Megatron_ron) January 25, 2024

https://www.scmp.com/economy/economic-indicators/article/3249894/chinas-gold-imports-surge-record-high-appetite-increases-middle-class-seek-wealth-security

Don't Mess With Texas ??? pic.twitter.com/y6S2JGscf8

— Wall Street Silver (@WallStreetSilv) January 26, 2024

New GDP numbers: our real economy is shriveling while we borrow our way to fake prosperity.

Mainstream media cheers “stunning and spectacular” GDP numbers bought with $2.7 trillion in federal debt. In reality, without the debt the economy actually shrank, with roughly 2/3 of… https://t.co/uB8Ov72hTN

— Wall Street Silver (@WallStreetSilv) January 26, 2024

Biden Set To Announce New LNG Export Ban After White House Met With Gen-Z Climate Warrior

Global warming warriors in the White House plan to announce a new strategy later today: freeze new export permits for liquified natural gas (LNG) until the Department of Energy (DoE) can figure out climate impacts.

In a statement released on the White House briefing website, President Biden said early Friday:

My Administration is announcing today a Bidentemporary pause on pending decisions of Liquefied Natural Gas exports – with the exception of unanticipated and immediate national security emergencies.

https://www.zerohedge.com/commodities/biden-set-announce-lng-export-ban-appease-climate-warriors-ahead-election

I agree that the long term outlook for oil is good barring some amazing new technology.  But I think the wheels are coming off our world before three years or five years that wave 3 could last and I have decided to be out of everything including most or all paper pm positions within a year say.

That is my thinking at this point.

aurum

added:  Where to hide is the real dilemma.  Perhaps 30 day tbills.

FBI Seizures From Safe Deposit Boxes Violated US Constitution: Federal Court

The FBI’s seizure of contents from safe deposit boxes during a raid on a Beverly Hills vault in 2021 violated the U.S. Constitution, a federal appeals court ruled on Jan. 23.

https://www.zerohedge.com/political/fbi-seizures-safe-deposit-boxes-violated-us-constitution-federal-court

Sorry, speeders: New bill would require speed-limiting devices in California cars

https://news.yahoo.com/sorry-speeders-bill-require-speed-205042953.html

Onyx Gold Significantly Expands Argus Zone to 525m Strike Length Munro-Croesus Project, Timmins, Ontario

https://finance.yahoo.com/news/onyx-gold-significantly-expands-argus-141000837.html

Belmont Provides A-J Gold Project Drilling Update

https://ceo.ca/@thenewswire/belmont-provides-a-j-gold-project-drilling-update-db843

Orosur Mining Inc Announces Results for Second Quarter ended November 30, 2023

https://ceo.ca/@accesswire/orosur-mining-inc-announces-results-for-second-quarter

News Release for Early Warning Report Regarding Adventus Mining Corporation

https://ceo.ca/@globenewswire/news-release-for-early-warning-report-regarding-adventus

Gatos Silver Reports New Intercepts of High-Grade Mineralization at Cerro Los Gatos

https://ceo.ca/@globenewswire/gatos-silver-reports-new-intercepts-of-high-grade-mineralization

Golden Goliath Receives Detailed Drone Magnetics Data for Manicouagan Project

https://ceo.ca/@newsfile/golden-goliath-receives-detailed-drone-magnetics-data

Q-Gold Comments on Trading Activity at Request of the Canadian Investment Regulatory Organization (“CIRO”)

https://ceo.ca/@globenewswire/q-gold-comments-on-trading-activity-at-request-of-the

Adventus Mining and Luminex Resources Complete Previously Announced Merger

https://ceo.ca/@newswire/adventus-mining-and-luminex-resources-complete-previously

Dryden Gold Corp. Reports Surface Rock Samples up to 13.00 g/t Au, Expands Land Package and Welcomes Kenorland Minerals to the Dryden District

https://ceo.ca/@newsfile/dryden-gold-corp-reports-surface-rock-samples-up-to

Re Oil Stox

I should have added Long Term…..Wave 1 was nearly 3 years…..wave 3 should be similar.

You could be right but seemed a little creepy. They did that to Melania Trump which was pretty underhanded. I guess they do plagiarism research and then hand it to them. It just made him look like a plant. Although they couldn’t find anything in his past that pointed to being behind the scenes of evil doing or funding it in itself but questions about taking money from Soros once.