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

Your right about all that and inflated home prices are driving up property insurance and taxes. Demos want to raise taxes too. I hardly drive anywhere now that I’m retired and thanks to Amazon but yet that and good driving records car insurance up about 40 percent too for full coverage which you need in Calif. One of the reasons they gave is ” you live in Calif.” Calif tends to attach taxes to companies for having the ” privilege” to do business here is what demos think and gas hanging around at 5 plus a gallon in north Calif. Extortion on anything you need to buy. Demos ideations not faced with reality and this is the result.

I can’t see Powell raising rates either maybe just not lowering them but who knows.

I saw this last night. Banks are stressed I guess. Jamie Dimon fearing the Fed will raise rates. I’ll just watch the market. if you scroll down you’ll see on social security anyone expected to live past 11 yrs from now with get a cut. These clueless politicians could have had it actively managed with stocks included to create passive income with all that money but instead treated it like a slush fund. It should be privatized and out of their hands.
Increasing talk of stagflation but perhaps after an economic downturn.

https://finance.yahoo.com/news/jamie-dimon-says-chance-fed-102302864.html

I don’t see Powell raising, but I agree if he did it would surely tank everything.

The economy is in shambles. Walmart and Target cutting grocery prices. Now the fast-food folks bringing back $5 meals. People are broke, credit cards tapped.

We have inflation in some stuff, but I think we’ll start getting deflation in other stuff. Housing, electronics, durable goods. Seems oil and gasoline have been about the same for a while. I’m not quite sure how this looks a year from now, but people are broke. These utility companies are just flat criminal though. Same with insurance.

Silver Ore hoppers?
https://railpictures.net/photo/841855/

I’m concerned for a friend. Has to do with increasing the dose without evidence of increased restrictions or calcification that might have to do with higher vita D vitamins another doctors told her to take. She already has diabetes and a healthy diet as she is very good at sticking to it and has good temptation resistance.But statins besides me more and muscle damage and your heart’s a muscle  longer term can cause all sorts of problems including elevating BS and causing diabetes to the suspectable. She beat it with diet and exercise but the statins raise it.

I googled and got this answer but not the major one I was looking for, can statins harm the pancreas looking for longer term damage or possibly cancer.

Is the Dow making a handle. Is Powell that good he can draw charts with his mouth, my altered sense of humor but possible or are they going for the gap below.

Maybe there’s heavier players in the game now or maybe their waiting or for a time. Powell insinuated that perhaps he stopped raising rates too soon.if he decides to pivot both gold and stocks are gonna tank because the economy is not doing better especially in discretionary because of cost of living off the charts.  But then the elections are coming up.

By the way now that you know. If a company or banker manipulating is going to sell something you own too while at the same time attaching themselves to your shares and profiting of your gains when it drops because you didn’t sell why would you let them??!?!

They don’t sell someone else’s shares per say they borrow them from a broker. Say a share is 20 dollars each they borrow it at that price. Then say it drops back down to 10 dollars and they give it back at 10 dollars  and keep the profit.

So there’s no profit in holding it not selling it. But if buying pressure comes in and the shares instead go up in price say to 30 dollars depending how much money or cash they have will dictate the price the broker demands a margin call it now cost more.  So say he has 2000 and he just lost 2000 in the difference and moves up 10 dollars they have to pay the broker the 10 dollar difference. But now if your black rock or vanguard and have infinite amounts of money they can choose hold longer. Then theres naked shorting and how they get away with that and never have to cover I don’t know.

Almost forgot, they’re may not be a limit on how long they can hold a short but risks come with them like splits or being on the wrong side of the trade and a margin call.

That’s still getting on the emotional side. A average Joe is not out to get anyone. He his just trading. Just like you and I have with short ETFs just maybe not gold.  Be in options to the down side of its topped or upside. It’s these institutions that sell paper while at the same time can coordinate knowing they or between them have enough shares to sell to cause a price drop that they then profit off of by going short then selling. They can also short their own shares.

hopefully that’s a good sign for next week and an impending bottom.

Memorial Day weekend. Keep your eyes open and heads on a swivel. They’ll do something, whether it’s this weekend or another time. Us old folk just have to be aware of our surroundings. 🙂

Kill Trump, Inflation Up, China Sells & CV19 Vax Wake-Up

Hi Mr.  Copper,

if you have time, I would be interested to learn more about these “shorts”

• Who are they?
• What are the mechanics of the trade?
• Are they Future Contracts that expire?
• Does it cost them money to maintain their short position?
• How can they sell something that they do not own and never have to pay?
• etc?

They have been tormenting our sector for years; Spec miners too, I have heard.

I have always assumed that they are the Western banking (Fiat Money) crowd and their ‘friends” like JPM; Goldman Sachs; IMF; World Bank; BIS….

1982 CBS News report—featuring a 34 year old Al Gore—predicts the "widespread disruption of agriculture", and 25% of Florida ending up underwater, "due to the burning of coal and oil".

"Climate changes could produce widespread disruption of agriculture. The American farm belt… pic.twitter.com/MF1wKGzJpE

— Wide Awake Media (@wideawake_media) May 23, 2024

I say let the shorts sit on their losses as long as they want, like we all did. And hopefully their losses will get even worse. For 10 years like we had to.

I googled “how long can you hold a short commodity position” and got:

There is no mandated limit to how long a short position may be held.

The dollar gets knocked down and the QQQ’s go up 200 pts. yet pm’s go down

To your own DD, it’s not doing that well, under yesterday’s close but I’m impressed that people are holding so far and frustrating the shorts.

I know, but they ” politics” brought this in themselves. Darn kitten wants to play with my phone. Just missed my coffee.

I know what you mean. I found out as many if you made gains and you sell and get back in on any upswing at the tops both fundamentally and charts and think this this time might be different or they know something you don’t you get your fingers burnt. If you venture just be fast on the trigger and keep your principle investment, tax amount and a few bucks in profit out of it and sticking to your predetermined support and sell levels works out better. Sometimes they want to bring it up so they can short which they can’t do on a down trend or want you to chase the stocks so they can sell. Just easier to watch the charts and get out early and get in not too early to see if testing support holds less day trading.

Summer doldrums. I don’t want to say that this time will be different. It hasn’t been for most of the 23 years I’ve been around.

The only thing that might be different is that this move started later than normal. It started in April vs. the usual late December/early January. The financial and geopolitical world is a bit different as well.

That being said, the scum has been able to do as they please for the last 23 years as well. So unless that has changed as Captain Hook suggests, then no doubt they’ll do it again. If they had to cover their shorts we would be multiples higher.

That’s unusual.

Doesn’t look like anyone’s who’s going long isn’t too eager to sell their gold or silver and the Feds concerns didn’t  even help too much with the suggested prospect they’re not going to want to lower rates just yet because they didn’t raise them enough or do enough to hurt businesses but what about the banks.

Ps can’t say I didn’t warn you, keep emotion out of it. Just look at it this way and I think you do, they’re predictable. Then Everytime for awhile this time of year there’s either a double top or a multi year double top in which that one ” resistance” was taken out so gold and Bitcoin too although don’t know too much about bitcoins fundamentals so have to listen to Simon are moving forward.

PMs they’re trying to hold back a crack in the dam. They can’t hold it back forever. They don’t have enough flex seal.

They didn’t even need the dollar to give up gains before slapping us down.