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

From one day ago. Will we hold up for another year for 24-25

Good to see the sector hold up pretty well. Usually we receive a serious beating after a day like Friday.

So, the hedge funds went tits short why? They thought rates were going much higher and drag the dollar along?

Interesting that the dollar is down with rates up, wondering if the Fed may have to come in and support the bond market.

As of Tuesday October 10th, hedge funds and CTAs moved to ~$5.2 billion net notional short position in #gold futures.

?This short position has cost hedge funds nearly $200,000,000 in mark-to-market losses in just the last 3 trading sessions.

A break-out ?above $1969… pic.twitter.com/VmGwAJdF36

— CEO Technician (@CEOTechnician) October 16, 2023

U.S. to ease sanctions on Venezuelan oil for freer presidential election

https://www.msn.com/en-us/news/other/u-s-to-ease-sanctions-on-venezuelan-oil-for-freer-presidential-election/ar-AA1iirxY

Somethings never cease to amaze

I support

Neither one (32%, 11 Votes)
The Israelis (26%, 9 Votes)
No comment (18%, 6 Votes)
The Palestinians (12%, 4 Votes)
I dunno (12%, 4 Votes)
Total Voters: 34

Eldorado Gold Provides Update on Tax Impacts in Turkiye Related to the Weakening Lira

https://finance.yahoo.com/news/eldorado-gold-provides-tax-impacts-210000758.html

Gold Billionaire Sawiris Eyes Stake in $7 Billion Reko Diq Mine

https://finance.yahoo.com/news/gold-billionaire-sawiris-eyes-stake-041314342.html

Newmont Announces End of Strike at Peñasquito Mine in Mexico

https://finance.yahoo.com/news/newmont-announces-end-strike-pe-103000701.html

Wesdome Announces Third Quarter Production Results; Provides Conference Call Details

https://finance.yahoo.com/news/wesdome-announces-third-quarter-production-110000687.html

Galantas Gold Drills 34.25 Metres at 1.87 Grams/Tonne Gold, 1.17% Copper, 1.20% Zinc and 131 Grams/Tonne Cobalt at Gairloch Project in Scotland

https://finance.yahoo.com/news/galantas-gold-drills-34-25-060000409.html

Goliath Completes Over 34,000 Meters of Drilling in 2023 for a Cumulative Total of Over 65,000 Meters and Successfully Expands the Mineralized Footprint of Surebet Discovery to 1.8 km²

https://finance.yahoo.com/news/goliath-completes-over-34-000-100800341.html

Aztec Selects Drill Contractor and Mobilizes Exploration Crews for RC Drill Program at Cervantes Gold-Copper Project, Sonora, Mexico

https://finance.yahoo.com/news/aztec-selects-drill-contractor-mobilizes-110000842.html

Troilus Reports Updated Mineral Resource Estimate of 11.21Moz AuEq Indicated; 126% Increase From 2020 Estimate, With an Additional 1.80Moz Inferred

https://finance.yahoo.com/news/troilus-reports-updated-mineral-estimate-110000964.html

Mako Announces Results of Annual General Meeting and Provides Corporate Update

https://finance.yahoo.com/news/mako-announces-results-annual-general-110000871.html

Solitario Completes US$4.75 Million Private Placement

https://ceo.ca/@accesswire/solitario-completes-us475-million-private-placement

Gold Terra Intersects High-Grade Gold Bearing Campbell Shear Target at Downhole Depth of 2,080 Metres on Con Mine Option Property, NWT

https://ceo.ca/@accesswire/gold-terra-intersects-high-grade-gold-bearing-campbell

TNR Gold NSR Royalty Update – Los Azules Copper, Gold and Silver Project – McEwen Copper Closes ARS $42 Billion Investment by Stellantis

https://ceo.ca/@newsfile/tnr-gold-nsr-royalty-update-los-azules-copper-gold-274fd

Ivanhoe Mines and Ivanhoe Electric Congratulate Robert Friedland for Receiving Mongolia’s Order of the Polar Star, the Highest State Honor for a Foreign Citizen

https://ceo.ca/@accesswire/ivanhoe-mines-and-ivanhoe-electric-congratulate-robert

Silvercorp Reports Operational Results and Financial Results Release Date for Second Quarter, Fiscal 2024

https://ceo.ca/@newswire/silvercorp-reports-operational-results-and-financial

Brixton Metals Drills 6.00m of 5.07 g/t Gold within 66.00m of 0.80 g/t Gold at its Trapper Target on the Thorn Project

https://ceo.ca/@globenewswire/brixton-metals-drills-600m-of-507-gt-gold-within

Almaden Reports on Legal Developments in Mexico Regarding Ministry of Economy Efforts to Deny Twenty Year-Old Ixtaca Mineral Title Applications

https://ceo.ca/@globenewswire/almaden-reports-on-legal-developments-in-mexico-regarding

Steppe Gold Starts Drawdowns – US$9.6M from US$150M Phase 2 Project Financing Package

https://ceo.ca/@newsfile/steppe-gold-starts-drawdowns-us96m-from-us150m

Northern Superior Makes New Discovery with 10.94 g/t Gold Over 7.0 Metres and 1.66 g/t Gold Over 21.55 Metres at Croteau Property

https://ceo.ca/@accesswire/northern-superior-makes-new-discovery-with-1094-gt

ORVANA ACHIEVES FY2023 GUIDANCE WITH 57,250 GOLD EQUIVALENT OUNCES PRODUCED

https://ceo.ca/@newswire/orvana-achieves-fy2023-guidance-with-57250-gold-equivalent-51081

They’ve got the DOW futures up a hundred points or so, but I’m seeing cracks in the effort as some of the mega cap names are down premarket, not a lot but NVDA, TSLA, AAPL to name a few.

They’re taking pm’s down just under 1% at this point, we’ll see how that goes throughout the day, but not unexpected.

The dollar is down a little but the 10 yr. is up 6 bips. Oil is flat, but lo and behold Bitcoin is up 2.25% because Ferarri is now taking it for cars. Good luck to them.

No nukes over the weekend and Israel hasn’t gone into level Gaza just yet. So everything must be OK 🙂

I suppose they can put them in tent cities in the desert somewhere.

Unfortunately, this is a disaster for everyone involved.

I will say this, I don’t have much redeeming value either…

Revelstoke in the mid 60’s.

https://railpictures.net/photo/775854/

Now if you are going to ‘hop a train’ in Canada, this is the one to choose!

The long transcon ‘Canadian’
https://railpictures.net/photo/823694/

Good Grief!  You are lucky to be alive.  Carbon Monoxide poisoning is the usual cause.  Also the cause of the long headache.  It takes a long time to clear out of the body.  Brain Damage?  Maybe, but you are still with us.

Tunnel air also affects the performance of the diesel engines when they cannot get enough oxygen.  The Rio Grande, because they had so many tunnels thru the mountains in their system, ordered special locomotives.  They were called ‘tunnel motors’.  The air intakes on the body were at low level by the frame instead of on top, where they could suck exhaust.  The ‘tunnel motor’ design sucked intake air from a lower mid-level.  Many are still around today.  The design is the SD40-2T.

In the early ‘60’s I was riding the rails in Western Canada, but the new version whereby one could enter an engine unit cab and sit out the ride in relative comfort. Units were much less powerful in those days and many units were required to provide sufficient power to cross the Rockies.

I hoped a unit on Canadian Pacific Railroad (CPR) in Revelstoke (a Division point where crews were exchanged) one evening, bound for Vancouver. I seldom rode the CPR units, preferring the more tender mercies of Canadian National crews.

I didn’t know that section of the CPR line passed through the Connaught Tunnel, some 5 miles long. Once we entered the tunnel I soon encountered difficulty breathing since I was in the last of seven units and the exhaust of units in front of me was entering the cab. I soon lost consciousness.

Some time later I regained consciousness while the train negotiated a bridge crossing the nearby Kicking Horse River. The only observable effect was a spitting headache but I’ve always wondered if I sustained some brain damage from oxygen deprivation. 🙂

With Biden in power the US will likely be importing thousands of them … to add to all their brothers crossing the southern border … and we got the FBI looking for MAGA extremists. What could go wrong!

You could buy one of those houses if the prices dropped before Blackrocks of the world and rent it out yourself unless expected to drop lower.

So none of these countries want them and  can’t make it to Europe or the US who will take any rejects but some will help the HAMAs in a proxy war killing two birds with one stone while the neocons trying to drag us in too. At least the women and children are refugees and could be temporary.
I can only wonder if  they’re using our ship The Gerald Ford like a sitting duck to get attacked by someone to make them victims next. So there I called it incase something happens. Just waving it around on the news hey ship over here. It’s all alone.  Here’s  the coordinates. Anybody watching it by land air or sea with anti missile capability?

Then I see Netanyahu on TV asking this young soldier if he’s ready to die? All the while knew about the attack. Too bad he couldn’t say no I’m here to arrest you for treason,

Re Why no Pally refugees taken in…..they know what they would be letting in…….The Jordanians threw ’em out back in the 50 ‘s I think, because they got so pissed off with their constant trouble making, lazziness, dishonesty etc……they basically have no redeeming features….u remember what a God awful PoS Arafart was…..well he may have been one of the worst…but the rest aren’t far behind.

I know some people got rich during the crash because they had enough cash or assets to buy up assets on the cheap. At least as far as housing they didn’t try to corner the market that contributes to the shortages along with wealthy foreigners like the Chinese which neither is brought up on the matter while they play dumb. I suppose in those days the pitchforks would of come out.
Either the Rothschild’s or Rockefeller’s got a cushy deal with a railroad to transport oil for much less , giving him the advantage over others. Also people with cash reserves went short if they could get a hold of their swamped brokers which I believe caused the rule you can’t short when it’s selling on a down tick only a up tic.
Now we have aglos and hedge funds competing and unfairly manipulating the market along with criminal manipulation like putting higher asks in then deleting them before it gets bought. I was aware of that one in options.  I wonder if others will start setting aglos beating them at their own game like someone did to Ican who made a bet on malls. Then of course the criminals like the hedge funds did when they were getting squeezed out buy a bunch of kids some who never traded before even teens which was hilarious can call the brokers and have them manipulate the stock by freezing the buying to only selling when they were shorting forcefully manipulating the market to do what they want and the SEC never did anything about it.                                              I guess for now keep laddered stops even if you think somethings bottomed cuz you can always buy it back.   I figured and posted a downturn could start around mid Oct to Nov but now we have another war factor to consider on what and when to buy snd sell.

There are many wealthy Arab Muslim countries around Gaza. Saudi Arabia, Kuwait, Iraq … why won't they take any Palestinian refugees?

And at the same time, they are all suggesting the Europe and the USA accept Gaza refugees? https://t.co/qpT8Jqvq8l

— Wall Street Silver (@WallStreetSilv) October 15, 2023

Yes, a lot of folks will get crushed if we have that kind of crash. I suppose it all depends on what the Globalists have planned. I don’t think 1929 was an accident. Many made millions back then like JP Morgan, Joseph Kennedy (a mistake), Rockefellers, all the Fed Reserve bank owners. They knew in advance that the money would come out of the markets because they pulled it. If they start to dump mega cap tech, it will be epic. All this stuff has repeated for centuries in one form or another. It will be intentional.

The Globalists want war and chaos. In the end, I suppose the intent is to keep the world under their total control. Maybe it’s just the culling of the herd, maybe this is biblical and they are pushing for the final battle. Whatever the larger plan, they are in a hurry now.

Our housing mkt is in serious trouble….talking to a mate who knows an area of the North near Manchester v well…he says this particular area, is dead man shoes…normally no houses come on the mkt, as they all get sold well before hitting normal agents…he was there recently and saw 5 houses advertised by boards outside….that is unheard of in that area.

Those charts in all equity sectors went back to the eclipse in 1929. My sometimes my altered sense of humor that’s not really humor says I hope we don’t get that one.

This time we’re really gonna have to think about where you put your money and keep reserves. Also if all out war supply chain issues to get what you need regularly like OTC. Who knows if they don’t pull some illness while their at it.
I fear it might initially pull gold down even if manipulated so keep stops at hand.
We don’t know if it will play out to that degree or be a slow decent in sectors but would likely draw gold up long term like it did when Obama and Bush, energy, defense but for some reason hasn’t affected Boeing but has others right now initially. Initially the dollar in a sudden crash will likely rise but might be a temp high and possibility of a Fed pivot which would be suicide with likely inflation it will cause  with increasing debt this scenario will bring to us. You see the news non stop Iran Iran Iran.

I’m still worried about those hostages more so than they do apparently and try to figure out how to get them out with something that will bring pressure with fellow Palestines  on Hamas instead of these so call warriors hiding behind them as shields. Now heard the mobs got some of them and another terrorist group.They out there face out there in the camera so will be targets.
maybe like trading food and some medical supplies to the citizens and it provisions for them to camp out away from the battles, i see mothers with frightened desolate children  out there stuck because Egypt won’t have them either. Don’t see Iran or others behind them helping them.

I’ve noticed a lot of names have been beaten up pretty good. I don’t watch many names other than pm’s but a couple I do are down 50 and 75%. Seems that the mega caps are sort of holding up the indexes as the author mentions. Stocks like NVDA, TSLA, AAPL, etc. have held up really well, even though off their highs.

Makes sense that a crash in those stocks could occur and really rock the indexes. I’d think it would take the beat up names down even worse than they are. 50% crash is a lot of damage. The Nasdaq was weak on Friday.

Hopefully pm’s will stand strong in that event and garner some of the money coming out of the big names.

Been watching Bitcoin over the weekend. It’s stayed flat. Doesn’t appear that is a “flight to safety” asset at the moment, which we’ve seen in the past. It has been flat this weekend. I guess that may mean the flight will be into oil, pm’s and the dollar. That would be my hope anyway, and the long, long correction in pm shares is over.

These are really unprecedented times.

While looking up Steve Puetz a  Hawaiian  and the yes sayers vs nay sayers the editor of the previous post I ran into this. As far as  superstition or coincidence I do know it doesn’t matter how well a stock or in this time many stocks are doing, it only matters what the market perceives it’s doing or going and right now it isn’t looking too bullish on the general market anyways.

Jamie Dimon warns the Israel-Hamas conflict may upend the economy: ‘This may be the most dangerous time the world has seen in decades’

https://finance.yahoo.com/news/jamie-dimon-warns-israel-hamas-170125286.html

Well I called this right if it plays out  to watch out starting middle of the month but just by seeing patterns but they looked way back.
A friend sent me this the other day but was too busy to read it so found time just now not knowing there were charts I could read fast. I don’t know where she got this since she doesn’t read charts or involved in the market.
I can’t post the charts on a pin  just so you have to read it. If you don’t want to read it fast forward to the end.

Market action over the past three weeks continues to provide evidence of an imminent market crash. Yet, the exact form of the crash remains complex with multiple scenarios still viable. Equity indices such as the S&P 500 (top of page 2) and NASDAQ have generally weakened over the past 12 weeks. For most investors and analysts, the modest decline in the major averages since early August seems unalarming. Yet, numerous secondary indices, along with many technical indicators, reveal ongoing deterioration far more concerning than that shown by the major market indices. Unlike the S&P 500, the Russell 2000 Index (middle of page 2) barely rallied during the past two weeks, while the Russell Microcap Index (bottom of page 2) fell to a 3-year low today. Likewise, the Composite Advance-Decline Line (top of page 3) closed near a 4-year low today.
From a technical perspective, the NASDAQ 20-day Arms Index (middle of page 3) has moved from a neutral position a month ago, to overbought territory this past week. Similarly, the NASDAQ 25-day Gaussian Kernel RSI (bottom of page 3) has moved from moderately oversold 2 weeks ago, to high-neutral today. The ratio of the Equal-weight S&P 500 relative to the published S&P 500 (top of page 4) illustrates the massive deterioration in mid-cap stocks relative to large-cap stocks. The ratio is rapidly approaching a 14-year low, with the prevailing signal exactly opposite to that of late-2008 to early-2009 – when the ratio bottomed in November 2008, which was well ahead of the large-cap low recorded during March 2009. The composite oscillators also remain bearish. Since its early August sell signal, Composite Oscillator 1 (upper-middle of page 4) has declined but resides midway between overbought and oversold levels, as of today’s close. Composite Oscillator 2 (lower-middle of page 4) did descend to oversold territory two weeks ago, but this technical condition likely equates to the minor oversold level of January 2022 – which coincided with the “start” of a 9-month decline, rather than being a terminal signal. The conclusive signal might be the Consecutive Up-Down Day index minus Composite Oscillator 1 (bottom of page 4), which is now just beginning to decline from a major sell signal (similar to late-2021 and early-2002).
From a fundamental perspective, it remains unclear the degree to which numerous geopolitical, economic, and financial factors will affect stock prices. Some of the major factors include escalating geopolitical crises related to the Ukrainian-Russian and Israeli-Hamas wars, domestic political dysfunction related to the inability of Republicans to select a new Speaker of the House, intensifying economic malaise related to rising consumer prices and resumed student loan payments collectively squeezing spendable income, and rising interest rates constraining loan activity. In general, investors have treated these negative factors as irrelevant, or alternatively, they simply ignore or are unaware of these concerning factors. However, as technical conditions continue to deteriorate, sentiment related to these overlooked negatives could easily snowball into an uncontrollable crash.
Based on the seasonal and eclipse cycles (page 5), the next 2 to 5 weeks are especially critical for stocks. If one only considers the seasonal cycle, the 1929 and 1987 crashes occurred during the last 3 weeks of October. In other words, stocks are entering prime time for a crash. However, based on the eclipse cycle, the current turning points are out-of-phase by 2 weeks. The current “secondary top” coincides with a solar eclipse (October 14) rather than a lunar eclipse (October 28), as happens in most crashes. In conclusion, the evidence suggests that the weak rally in technology stocks is terminating, and the decline in the broader market will soon bring all stocks crashing down to Earth (to normal valuations) – which means stocks are likely to collapse 50% or more in coming weeks.

Universal Cycle Theory Financial Newsletter October 12, 2023

Complex Crash Scenarios

Steve Puetz, Editor

Market action over the past three weeks continues to provide evidence of an imminent market crash. Yet, the exact form of the crash remains complex with multiple scenarios still viable. Equity indices such as the S&P 500 (top of page 2) and NASDAQ have generally weakened over the past 12 weeks. For most investors and analysts, the modest decline in the major averages since early August seems unalarming. Yet, numerous secondary indices, along with many technical indicators, reveal ongoing deterioration far more concerning than that shown by the major market indices. Unlike the S&P 500, the Russell 2000 Index (middle of page 2) barely rallied during the past two weeks, while the Russell Microcap Index (bottom of page 2) fell to a 3-year low today. Likewise, the Composite Advance-Decline Line (top of page 3) closed near a 4-year low today.

From a technical perspective, the NASDAQ 20-day Arms Index (middle of page 3) has moved from a neutral position a month ago, to overbought territory this past week. Similarly, the NASDAQ 25-day Gaussian Kernel RSI (bottom of page 3) has moved from moderately oversold 2 weeks ago, to high-neutral today. The ratio of the Equal-weight S&P 500 relative to the published S&P 500 (top of page 4) illustrates the massive deterioration in mid-cap stocks relative to large-cap stocks. The ratio is rapidly approaching a 14-year low, with the prevailing signal exactly opposite to that of late-2008 to early-2009 – when the ratio bottomed in November 2008, which was well ahead of the large-cap low recorded during March 2009. The composite oscillators also remain bearish. Since its early August sell signal, Composite Oscillator 1 (upper-middle of page 4) has declined but resides midway between overbought and oversold levels, as of today’s close. Composite Oscillator 2 (lower-middle of page 4) did descend to oversold territory two weeks ago, but this technical condition likely equates to the minor oversold level of January 2022 – which coincided with the “start” of a 9-month decline, rather than being a terminal signal. The conclusive signal might be the Consecutive Up-Down Day index minus Composite Oscillator 1 (bottom of page 4), which is now just beginning to decline from a major sell signal (similar to late-2021 and early-2002).

From a fundamental perspective, it remains unclear the degree to which numerous geopolitical, economic, and financial factors will affect stock prices. Some of the major factors include escalating geopolitical crises related to the Ukrainian-Russian and Israeli-Hamas wars, domestic political dysfunction related to the inability of Republicans to select a new Speaker of the House, intensifying economic malaise related to rising consumer prices and resumed student loan payments collectively squeezing spendable income, and rising interest rates constraining loan activity. In general, investors have treated these negative factors as irrelevant, or alternatively, they simply ignore or are unaware of these concerning factors. However, as technical conditions continue to deteriorate, sentiment related to these overlooked negatives could easily snowball into an uncontrollable crash.

Based on the seasonal and eclipse cycles (page 5), the next 2 to 5 weeks are especially critical for stocks. If one only considers the seasonal cycle, the 1929 and 1987 crashes occurred during the last 3 weeks of October. In other words, stocks are entering prime time for a crash. However, based on the eclipse cycle, the current turning points are out-of-phase by 2 weeks. The current “secondary top” coincides with a solar eclipse (October 14) rather than a lunar eclipse (October 28), as happens in most crashes. In conclusion, the evidence suggests that the weak rally in technology stocks is terminating, and the decline in the broader market will soon bring all stocks crashing down to Earth (to normal valuations) – which means stocks are likely to collapse 50% or more in coming weeks.