GoldTent Oasis is dedicated to our friend and founder John F. Murphy (Wanka) of Key West, Florida without whom this website would not exist. Gone but never forgotten.
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I understand what you mean and know they can put words in children’s mouth l you know they wouldn’t say otherwise like they won’t we counting in multiple numbers the last time the had a particular something at that age although doesn’t mean they didn’t.
I didn’t show the dead children and not wrapped in sheets or the ones missing limbs or the people running for food on regular channels.
Yes if Hamas wouldn’t of started it but at the same time they apparently were warned and waited 7 hours to help them after Hamas was gone tells me the leaders in Israel play tricks too and let these people be killed. Also they want them out. That we might not be fighting any war in the mid East or had a 911 event.
The S&P 500 has never been lower after this price momentum signal
Key points:
The S&P 500’s Relative Strength Index has closed above a value of 50 for 98 straight trading sessions
Similar price momentum preceded a 100% win rate over the following two, three, six, and twelve months
The RSI range count for Financials has matched the S&P 500, with the highest reading since 1971
Bullish price momentum begets more bullish price momentum
The Relative Strength Index (RSI), created by J. Welles Wilder, is a popular technical indicator that measures price momentum. Too often, social media accounts and the press misrepresent the indicator’s meaning, especially the overbought and oversold levels.
When the RSI reverses from oversold to overbought, it represents positive price momentum that will likely persist, a scenario that occurred last fall. My colleague, Jay Kaepell, highlighted this event in a research report.
Equally important after a bearish to bullish shift is the ability of the RSI indicator to sustain itself at a relatively high level, which also indicates bullish price momentum. Some analysts refer to this condition as a bull range.
After shifting above 50 last fall, the S&P 500’s Relative Strength Index (RSI) has maintained a reading above that level for 98 consecutive trading sessions, the sixth-longest streak in history. The previous signal occurred in 2017 during a low volatility uptrend.
What the research tells us…
There is little doubt that the relentless rise in the S&P 500 over the last five months has been anything but outstanding. The Relative Strength Index (RSI), a measure of price momentum, has maintained a level above 50 for 98 straight trading sessions, an occurrence exceeded only five other times over the last 96 years. After similar precedents, the S&P 500 was higher every time over the ensuing two, three, six, and twelve months. So, despite all the calls for corrections and bear markets, history suggests the upside momentum persists.
While I fully apreciate yr deceny and humanity, please be aware that the Palestinians, may not be good at much, but they are masters of disinformation….they have been caught lieing about Israeli atrocities so often, that I personally ignore them…..
and just as pertinently, had they not raided Israel on Oct 7th ….this current situation would not be happening.
US Special Forces veteran: “What is going on in Palestine is not a war.”
Terrified Child carrying a car seat with a baby walking away just wanting to go home but no safe place for these two babies.
mother mourns 6 yr old daughter who was calling for help and held as bait and used her as bait preventing her rescue from a car with everyone dead and shot anyone who tried to help her.
Too many to post.
They called for the arrest of Putin for war crimes for apparently hitting an apartment where people refused to leave. Netanyahu is bombing up the whole place killing civilians. even using children as bait to kill more civilians trying to rescue them. Now issues of them not allowing food to get in where children are starving to death.But yet Netanyahu runs free to kill more civilians using our weapons to do it. They want a WW111 alright directed at the mid East.I guess that’s how they think they can get over their perpetual victim hood since WW11 by stirring up trouble and using us to do it in the whole mid east since they had to move there pre and post war. And they call themselves our allies. Americans and even many Jewish Americans want no part of this genocide.
Is anyone going to blame these people and children for not feeling this will not end for the whole mid east or safe until these depraved murders are wiped off the face of the earth?
Someone put out a rumor that Florida dealers were no longer buying silver rounds. So I ran into a video where he called around and they were all buying and as you say slightly under spot except one but no longer over spot. I’m guessing people were either speculating or more so needed to sell for food or bills. If Hunter it’s right that after a crash they might throw on Trumps lap if he wins but I see how he immediately helped the citizens when the scammers shut down the economy I don’t think he would let people starve where the lefties are planning on it. That will likely involve the printing press but at least where it’s needed in the US instead as well as bringing back jobs he was working on last time. In a multi year inflation cycle I wonder if people will have enough to make it through to the top.
Also read somewhere about China buying gold because of the dollar and guessing the talk about digital I hope the citizens are together enough not to let that happen, to have money out of banks like everyone else But…doesn’t mean they re buying stocks they’re holding it physical at this time. If a bull run the citizens can buy them though.
Did you watch it? He gave insight and his opinion about different company’s asked by the host. The producers, the future plans and risks. He talked about familiar ones including Dolly Varden ?? a lot of them. One silver stock who’s no longer in silver but gold. I didn’t see it all I was wondering if he knew the people at AGI.
There’s some market moving eco data that comes out and Powell yap. Usually not good for us.
Nice continuation in the overnights. $2233 at last check.
Checked my dealer, they are well stocked and paying less than spot for gold bullion. Silver still around spot. I suspect these dealers are getting a lot of sellers coming in. If we start getting some big jumps that might change, but I think people who have been holding for years are cashing in their chips.
I guess we’ll know that the big boys are in trouble when we see supply suddenly dry up among the smaller dealers.
I’d say it depends whether they are wearing their silver or gold necklace. Their charters state all they do is track their value and report it, and no audits are allowed!
Even as they play back and forth with the metals. Hopefully that’s indicative of much higher metal prices on the way.
They’re fighting $25 silver and using it to weaken gold, but the shares seem to be telling a different story. Volume in GLD and SLV is a little better but nothing close to a blow off top, just gathering momentum now. Same with the shares, decent volume in some, but not across the board.
Doesn’t seem like things have really started just yet. A lot more like the beginning of a move than the end.
Nice way to finish the week if we hold on, even with the dollar positive. Go figure.
That looks like the scum /someone is putting on a shit or bust trade…….the shorts are far too short to be able to cover and so they just keep selling, in the hope no one takes them on……but the diff is just getting crazy……soon the mkt will smell it and take them on….as quite frankly it is a no brainer with Gold exploding in all currencies.
Gonna be a lot of tears and gnashing of teeth when GLD and SLV are uncloaked and like you say own very little real metal! Can’t say people weren’t warned.
Tks for that China article…..yup the action screams that Far East dealers, are being left well short every night, due to the huge buying and have to use London and NY to cover …..
I note he shows ETF’s have @ 3000 tonnes of AU…my bet is they don’t have 10 % of that……just paper promises for the 2700 tonnes diff.
Silver is sure lagging gold! It looks artificially restrained. Maybe the bullion banks are so short that it would mean ruin for them if it runs up $10 or 20 bucks, so they are trying desperately to hold it down with paper … but I think that game is coming to an end.
I suspect the banks and gov’ts can’t buy physical Silver because it’s too cheap and would take up too much space. Plus Silver is easier to hold back plus its an industrial related metal. Silver is also often a byproduct, and is for the smaller investors with $100k or $200k to invest. Silver needs a lot more small investors to pile in like they occasionally do. Lately I think the little guys have been buying real estate.
My account balance was at its lows one month ago. Today in one month, the account is back up to last July. That was a long down trend to be reversed in one month.
It seems to me there are less Gold sellers, because it always goes back up.
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