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

Sounds like that’s what they want to do. The talking heads pushing equities and retirement funds negating inflation or dollar devaluation. What happens when the correction or downturn comes. They not only have inflation eating away at their retirement dollars but their stocks drop. Then they talk about walking into trouble. They are the trouble.

Kunstler had a good piece on AI in his Friday column…Reality v. Garbage. On his site, kunstler.com

But the selection process was, ensuring that popular, or populist candidates couldn’t make the ticket. Turnout was 46%, very low, but, but, of that 46%, 13%, one eighth of the votes, were spoilt. That is, we’ve actually taken the effort to turn up specifically to tell you that there’s no-one worth voting for. Fortunately her role is symbolic, no real power per se but a great symbol of the way that Soros and Co. can influence things.

Is the next poll, when will gold go below 3500 and silver below 40? Ugh

Admin – something has messed up the format of the page. Maybe Treefrog’s post? Maybe it will reset when it rolls off?

First they outsource most of the industrial complex and turn it into service jobs. Now they plan to roll in like a tsunami and wipe out the whole city’s jobs.

They want underground and why underground I don’t know, malls where computers replace sales. Want some fish and chips push a button and voila. All your shopping will be computerized. Your delivery’s will be by drones, and transportation by robotic cars. Underground didn’t work out to well for the subways less you want to get mugged or worse.

That’s a whole lot of jobs they’re gonna destroy for the benefit of keeping the profits all to themselves without having to do the work and their stocks. So who’s gonna buy their products? I can see these machines getting vandalized and  destroyed as poverty grows worse. A new version of the Terminator.

Its about time you got a break. I noticed that for the whole south, south east. Hope this one really late in the season winds down but looks like it’s a killer storm for Jamaica and Haiti if they don’t get away from the coast to high ground.

it ain’t all suddenly rosie

Zelensky Declares Expansion Of Long-Range Attacks On Russian Oil Refineries

https://www.zerohedge.com/geopolitical/zelensky-declares-will-expand-long-range-attacks-russian-oil-refineries

and even more worrying

‘Not Playing Games’: Trump Responds To Putin Testing ‘Invincible’ Nuclear Cruise Missile

https://www.zerohedge.com/geopolitical/not-playing-games-trump-responds-putin-testing-invincible-nuclear-cruise-missile

If you can tell what a commie looks like … she’s it! What a shame!

Have a great trip … maybe we’ll be recovering by the time you return.

“rigged elections” I wouldn’t be surprised! We’ll have to keep an eye on those elections. Europe doesn’t have much time to turn things around!

https://www.msn.com/en-us/money/chart?id=a1n2hw&comparisons=a1upz2%2Ca1pe52%2Ca1v3sm%2Ca1r9u2%2Ca1ntfr%2Ca22irw%2Ca1oycw%2Ca1si4c%2Ca1n1im&timeFrame=1D&chartType=line&projection=false

Re Ireland vote…check it out…loads of tactical voting…a very strange result…just wait till she opens her crazy mouth…Trump will set the tariffs through the roof….if you think Canada has it bad, just wait. !!!!

Am off for a week, from tomorrow….. so will be light posting….

Ipso – I’m pretty sure those elections in Europe are rigged. We’ll see what happens with the Dutch, Geert Wilder is the favorite. If he loses, they stole it.

Captain – Hope so. I’m surprised we’re even hanging around $4K. Hard to see silver snapping right back or even the shares, they both go down so fast, but we’ll see.

… based on COT related considerations … with the month set to come in with an all-time physical demand record.

The comex gold sell off is all paper driven as the record physical buy continues

What’s more … open interest (OI) report spoofing should not accomplish any lasting weakness with Comex increasingly becoming a cash delivery market … case in point today’s preliminary number was reported as an OI gain of more than 11,000 contracts … but in checking the final numbers now we can see in the attached above a decline of 44 contracts … they are hoping to deter buyers with the appearance on an expanding OI.

And as for silver … with October being an off month (non-delivery) … with deliveries set to exceed 40 million ounces not including exchange for physicals (giving London a bigger problem) … and as evidenced in still high spreads and lease rates … it would not be surprising to see a bid come back into the market once December arrives … a delivery month.

Silver Futures Volume & Open Interest – CME Group

Every day … drip drip drip … physical silver is leaving both Comex and London vaults.

Drip drip drip could turn into a torrent in December if buyers decide they want to top up their holdings before year end.

It’s just a matter of when not if investor participation starts to drift higher again towards more normal historical levels.

Cheers all

the old scum playbook will never go away….

Shake the tree hard enough for the weak nuts to fall, cover some of your shorts, have a rate cut, end-of-the month marks, and then let it go back up.

Wash,rinse,repeat.

I saw that. What a disappointment … and just when I thought they were getting fed up with the immigrants. It’s downhill from here!

A good victory for Argentina. It’s time we get a grip on our Southern Hemisphere instead of worrying about Ukraine and the EU’s lust for war with Russia.

Big loser is Ireland, somehow voting in a communist president. They are doomed.

Milei scores historic win in Argentina midterms, tightens grip on Congress

Argentine President Javier Milei secured a decisive victory Sunday in midterm elections, expanding his control of Congress and giving his government fresh momentum to push forward with deep spending cuts and sweeping free-market reforms.

https://www.foxnews.com/world/milei-scores-historic-win-argentina-midterms-tightens-grip-congress

Tavi Costa at Crescat Capital:  “Jim Cramer is telling you to sell gold.  That’s all you need to know about where we are in the cycle.  We’re just starting to see central banks acquiring gold in a big way.  This is the first time since 1996 that they own more gold on their balance sheets than US Treasuries.  These types of trends don’t stop here.  Back in the ‘70s, central banks used to own 75% of gold on their balance sheets.  Today they own 20+%.

This was one of the quietest years EVER, in my lifetime, regarding hurricanes in Florida and the Southeast. There was never even one whiff of one maybe hitting us.

Cat 5 hurricane about to hit Jamaica.

Hurricane Melissa trajectory, track, spaghetti models. Florida update https://share.google/867xUYeOiifquudoo

German ICE T
https://www.railpictures.net/photo/889450/

Let’s go step by step again for 2002

Step 1: Average (median) U.S. house price in 2002

According to U.S. Census and Federal Reserve data, the median home sale price in 2002 was about $187,600.

Step 2: Gold price in 2002

Gold averaged roughly $310 per troy ounce that year.
(Source: World Gold Council historical data)

Step 3: Calculate ounces of gold needed

Ounces of gold=House priceGold price per ounce=187,600310≈605 ounces\text{Ounces of gold} = \frac{\text{House price}}{\text{Gold price per ounce}} = \frac{187,600}{310} \approx 605 \text{ ounces}Ounces of gold=Gold price per ounceHouse price​=310187,600​≈605 ounces

Answer:
It took about 605 ounces of gold to buy the median U.S. house in 2002.

Bonus comparison:

• 1968: ~706 ounces

• 2002: ~605 ounces

• 2025 (today): median home ~$430,000 / gold ~$2,400 ⇒ ~180 ounces

• In terms of gold, U.S. houses have become roughly 3–4× cheaper since 1968.

That’s a great historical economics question — let’s work through it step by step.

Step 1: Average U.S. house price in 1968

According to U.S. Census and Federal Reserve data, the median home price in 1968 was approximately $24,700.

Step 2: Gold price in 1968

In 1968, gold was still under the Bretton Woods system, which pegged the official price of gold at $35 per troy ounce.

Step 3: Calculate ounces of gold needed

Ounces of gold=House priceGold price per ounce=24,70035≈706 ounces\text{Ounces of gold} = \frac{\text{House price}}{\text{Gold price per ounce}} = \frac{24,700}{35} \approx 706 \text{ ounces}Ounces of gold=Gold price per ounceHouse price​=3524,700​≈706 ounces

Answer:
It took roughly 706 ounces of gold to buy an average U.S. house in 1968.

Bonus perspective:

If you bought that house in gold instead of dollars:

• Today (2025), gold is roughly around $2,400/oz (this fluctuates).

• The same 706 ounces of gold would now be worth about $1.7 million, while the median U.S. home price in 2025 is around $400,000–$450,000.

So, in gold terms, houses have become much cheaper over time.