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

Buygold

Posted by ipso facto @ 11:10 on July 25, 2014  

The shares were looking into the future. Gold getting frisky now. šŸ™‚

spot

What’s telling the truth today?

Posted by Buygold @ 11:04 on July 25, 2014  

The strong shares or the weak metals?

One of these days the metals will have a massiveexplosion

I wonder when we’re going to start shipping weapons to the Syrians? (only half in jest)

Posted by ipso facto @ 11:00 on July 25, 2014  

Syria conflict: Isis ‘overruns’ Raqqa military base

Fighters from the Islamic State in Iraq and the Levant (Isis) say they have overrun a large Syrian military base on the outskirts of the city of Raqqa.

The Islamist fighters have released images of captured soldiers being beheaded after the battle for the base.

The Syrian army did not confirm that the base had fallen, but said it was organising a counter-attack.

Isis already controls much of Raqqa province, and recently seized a swathe of territory in neighbouring Iraq.

The group, which has changed its name to Islamic State, describes the territory under its control in Iraq and Syria as a caliphate.

The Raqqa base, manned by Division 17 of the Syrian army, is said to have been captured overnight after coming under siege from Isis fighters.

cont. at http://www.bbc.com/news/world-middle-east-28481283

@ Ipso Facto 10.35

Posted by Geronimo @ 10:36 on July 25, 2014  

Thanks Ipso facto šŸ™‚

Will try to come here more often…

Geronimo

Posted by ipso facto @ 10:35 on July 25, 2014  

Welcome to the Oasis!

Goodmorning everybody

Posted by Geronimo @ 10:33 on July 25, 2014  

New site for all the gold folks?

Glad I found it….

drb2

Posted by Buygold @ 10:19 on July 25, 2014  

OUNZ shares trade 1/100th of an oz. at $12.93 ea. Looks to be a slight discount. I wonder if they stack some heavy fees to withdraw?

drb2

Posted by Buygold @ 10:08 on July 25, 2014  

Never heard of that fund either. Would be great if that exploded and challenged some of the better known funds. OTOH, we can probably expect an FBI raid or SEC investigation soon to scare people away.

I’m so cynical in my old age.toon2n

from GATA email

Posted by drb2 @ 9:51 on July 25, 2014  
interesting. I had never heard of this fund until today.

U.S. gold ETF delivers first physical bullion coins; holdings grow

NEW YORK, July 23 (Reuters) – Merk Gold Trust, a bullion-backed exchange-traded fund which allows its shares to be redeemed for physical gold, said on Wednesday it has made its first delivery in dozens of U.S. gold coins to an investor.

The ETF, launched by Palo Alto, California-based Merk Funds in May to offer a liquid trading product with the benefits of physical gold bullion, has accumulated 40,000 ounces in two months even in a bearish gold market.

The fund, trading on the NYSE Arca platform with the ticker OUNZ, owns less than 1 percent of gold held by SPDR Gold Shares , the world’s biggest gold ETF. However, many participants are warming to the idea that the product could bridge the gap between the physical and paper gold markets.

true

A record two-day $225 drop in gold prices in April 2013 has boosted interest in physical gold and silver coin and bars, even as institutional investors continued to sell gold ETFs on a lack of inflation and as the Federal Reserve is set to unwind its bond-buying stimulus.

Merk Funds, which offers currency mutual funds to hedge against any depreciation of the dollar caused by unsound U.S. monetary policies, said the individual investor submitted 5,406 shares of OUNZ and requested the delivery of 54 American Buffalo 24-carat gold coins last week. The gold coins was delivered on Tuesday, Merk said.

The company did not provide any further details.

The ETF can also deliver gold in 400-ounce London bars, American Eagle 18-carat gold coins, and other one-ounce coin and bars. Processing fees can go as high as $7,000 or 7 percent of the transaction, but they drop as the size of physical deliveries increases.

Merk Funds President Axel Merk said the ETF received a U.S. patent for its efficient commodity delivery process which can handle numerous requests by retail investors.

SPDR Gold Trust investors who wish to redeem their shares in gold can liaise with the ETF’s authorized participants, making physical delivery requests by small retail investors very difficult, if not impossible. (Reporting by Frank Tang; Editing by Richard Chang)

http://www.reuters.com/article/2014/07/23/gold-etf-delivery-idUSL2N0PY24B20140723

Fun fact

Posted by ipso facto @ 9:48 on July 25, 2014  

Honduras has the highest murder rate in the world.

Absolutely unbelievable!

Posted by ipso facto @ 9:44 on July 25, 2014  

Hoping to stem the recent surge of migrants at the Southwest border, the Obama administration is considering whether to allow hundreds of minors and young adults from Honduras into the United States without making the dangerous trek through Mexico, according to a draft of the proposal.

If approved, the plan would direct the government to screen thousands of children and youths in Honduras to see if they can enter the United States as refugees or on emergency humanitarian grounds. It would be the first American refugee effort in a nation reachable by land to the United States, the White House said, putting the violence in Honduras on the level of humanitarian emergencies in Haiti and Vietnam, where such programs have been conducted in the past amid war and major crises.

http://www.nytimes.com/2014/07/25/world/americas/administration-weighs-plan-to-move-processing-of-youths-seeking-entry-to-honduras-.html?_r=0

Silver Train

Posted by Maya @ 9:43 on July 25, 2014  

For Wanka, by request.
Silver Train to the High ground…. Au Canada’
http://www.railpictures.net/viewphoto.php?id=490969
http://www.railpictures.net/viewphoto.php?id=490968

Freeport, Indonesia sign deal, paving way for copper exports to resume

Posted by ipso facto @ 9:18 on July 25, 2014  

JAKARTA, July 25 (Reuters) – Freeport-McMoRan Inc and the Indonesian government reached a deal over a contract dispute that is expected to pave the way for a resumption of copper exports after a six-month halt, a company executive said on Friday.

After signing the memorandum of understanding, Freeport Indonesia CEO Rozik Soetjipto told reporters he hoped copper concentrate exports could resume as early as August.

http://finance.yahoo.com/news/freeport-indonesia-sign-deal-paving-104832130.html

Getting small …. smaller … smaller … I never even heard of the CSE before

Posted by ipso facto @ 9:14 on July 25, 2014  

Evolving Gold to List on CSE

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jul 25, 2014) – Evolving Gold Corp. (EVG.TO)(EVG.TO)(EV7.F)(EVOGF) (the “Company”) announces it has received conditional approval from CSE and that the Company is moving its listing from the TSX Exchange to the Canadian Securities Exchange (CSE, formerly the CNSX). The common shares will begin trading July 25, 2014 under the symbol “EVG.CSE” and will subsequently delist from the TSX Exchange at date to be announced.

Good Morning Ms Moggy and Fellow Goldhearts

Posted by Farmboy @ 8:33 on July 25, 2014  

Moggy, I do believe I recognize that little paw sneaking up between the cracks. Sneaky things those cats. lol

Thanks for the coffee ! Off to pick a few blackberries and play in the garden while the morning temperatures suit me best.

Mr Cooper, That post from 2005 was pretty depressing. Seems my spelling and correct use of the English language has shown no improvement in almost ten years. And my adventures are not so exciting anymore. The blackberry patch seems to be about as far as I get from home these days.

 

Every now and then I do think about those fellas from long ago. I hope they made their fortunes in the jungle of a war torn country. Had to admire their independence and courage in what they were doing even if I did not understand it much at the time. Reckon there is some sort of kindred spirit amongst adventures of all kinds.

 

Did the heart good to see the gals of the Oasis kicking up their heels a little yesterday and posting.Ā  Even that pesky ole Augal. Yep, good to see all of them.

 

Well, somebody go throw some ice water on Mad Mike and get him moving. Check back in later, Farmboy

Don Wolanchuk on the stock mkt=

Posted by Richard640 @ 8:00 on July 25, 2014  

the epicenter of primary wave 3 up is a once in a lifetime event that most will miss and the fear of heights and the attendant noze bleeds will be indemic

J.P.Morgue

Posted by Ororeef @ 7:42 on July 25, 2014  

“According to its financial filings, as of December 31, 2013, JPMorgan held $17.9 billion in Bank-Owned Life Insurance (BOLI) assets, a dark corner of the insurance market that allows banks to take out life insurance policies on their workers, secretly pocket the death benefits, and receive generous tax perks subsidized by the U.S. taxpayer. According to experts, JPMorgan could potentially hold upwards of $179 billion of life insurance in force on its current and former workers, based on the size of its BOLI assets.”

Nice place to work ! You are worth more Dead than alive, if you don’t produce BIG returns …Take big risks to make the Bank Big Profits and if you Fail ,You are worth more DEAD than Alive.The “suicide” rate at JP Morgue is multiples higher than other Banks ..Hmmmmm makes you wonder !Is Jamie next?

Mad Mike, where are you, sleeping late?

Posted by Moggy @ 7:35 on July 25, 2014  

Coffee, cookie and pussycat paw

While we wait for the next drubbing Wanka

Posted by Maddog @ 6:37 on July 25, 2014  

has posted a link to Wall st on Parade

http://wallstreetonparade.com/

 

Which is full of mind blowing stories of how out of control corrupt Fall st has become, ( London is as bad or worse). We know how bad the rigging is in the PM’s, but a few minutes reading there shows they have lost any linkage to real life at all.

The only solution would be to jail them all, as it seems they will bend/break any rule to make more money. I knew it was bad…but not that bad.

War War and more War

Posted by goldielocks @ 4:22 on July 25, 2014  

http://www.youtube.com/watch?v=1QZq-wKaBWc&sns=em

1270 is the low for Gold

Posted by newtogold @ 1:44 on July 25, 2014  

after the OE, GDP#. FOMC, and BSBLS! So says the Turd or thereabouts. Then we are off to the moon-I say.

ipso_facto and ment17 . Greetings. I never get tired of looking at the beautiful profile of the Olympic Peninsula, as well as visiting it up close.

Posted by Equisetum @ 22:57 on July 24, 2014  

Farmboy, Found An Old Post Of Yours From 7/28/05

Posted by Mr.Copper @ 22:55 on July 24, 2014  

(Mr.Copper) Feb 27, 13:32

ā€œI think I heard you mention once you were an advisor? care to add more info on that? ā€œ

While ment29 has set a high goal, I just as soon leave it at Farmboy V today. <G> I think you have the idea. I did what any advisor did that ran around in war torn jungles dressed in Hi Tech hiking boots (they were the rage), blue jeans, Khaki shirts, and the MUST have accessory, the Banana Republic photographers vest. Ray Bans and boonie hat were optional. But there is a story I can tell here. I met my very first gold miner, actually 6 of them, during one of my ā€˜adventure trips’.

The year was 1987 and I had just come out of the Nicaraguan jungles after a 6 week ā€˜hike’. There was a bar in Honduras that reminded me of the bar scene in Star Wars. The one with all the different types of ā€˜species’ and clothing. Same for this bar. Some had suits, some had camo, some where dressed in disco attire, it was an interesting mixture.

I was getting my first cold beer in awhile and just checking out the surroundings when in walk 6 Americans wearing leg holsters with 6 shooters, cowboy boots, old worn out jeans, and looked like they had not bathed, or shaved for a couple months. Rough looking bunch. They grabbed a table and sat down to do a little drinking. And while the patrons all had their opinions what the proper dress code should be, these guys stood out like a Sunday school teacher in a biker bar. In fact, they would have looked at home in a biker bar. Guessed their ages to be late twenties, one or two early thirties, but life in the jungle can make you look a little older than you are.

Well, after about 20 minutes my curiosity got the best of me so I stuck up a conversation with the boys. Come to find out they were down on the Nicaraguan border doing some gold mining. You know, I was ready to hear what they were doing in ā€˜town’, but when they said, ā€œmining goldā€ I about fell out of my chair. First, I did not know a thing about gold, or silver, or mining. That was long before I knew anything about financial matters, or gold. I had a checking account, savings account, and a credit card, and that was about my extent of understanding anything in the financial world.

As these guys told their story I sat in total wonder and amazement. They described how they were panning for gold on some river, and he even done a little cyanide leaching in search of gold. They lived in tents, ate a lot of rice and beans washed down with coffee. Every few months they would load up their findings and come to town to sell it. Spend a day or two picking up supplies, and obviously enjoying a cold one or three, and then return to their ā€˜stake’.

Understand, the border area was one of the hot places to be. They said they had one exchange of pot shoots one night with the Nicaraguan military but that no one had got hurt. Seems the Nicaraguan Army thought they had run up on a Contra camp. After that little misunderstanding, they were left alone to search for the gold.

I listened and just shook my head a lot. I thought these guys were way off the chart. They did not look, act, like mercenaries. I had seen a few of them down there. They sorta looked like what I thought a drug runner would like like. But looking at their hands and faces, you could tell they had been doing some serious manual labor. The clincher was one of them looked carefully around the room and then pulled out a couple gold nuggets and held them in his palm for me to see. About the size of a dime, maybe a little larger. He said they had found some smaller, a few larger.

Well, that was my first introduction to gold mining. I thought it a crazy idea then, and still do today. But who knows what may happen when the coin stores run out. I may see if I can find those boys. <G>

I think of them from time to time. Especially over the past 5 years since I got into investing in gold and silver. I hope they made it out in one piece. I hope they did not trade all their gold for local currencies. And I hope today they are wealthy and living well. From the looks of them, they earned it. And I hope if they ever read the pages of Gold Eagle, they will check in and tell us how the adventure story ended. On one hand I thought they were nuts, and in another way, I had to admire them for seeking out such an adventure. And its good to know, there will always be some that reject the norm, refuse to be imprisoned in some office cubicle, and will walk a different path, no matter how weird it may seem to others.

Lets just hope the coin stores stay in business for the near future. The alternative makes me tired just thinking about it. <G>

Just a farmer, with a few wild memories, Farmboy

 

Equisetum

Posted by ment17 @ 22:31 on July 24, 2014  

nice view of the Washington shores .. just west of the Big bertha digĀ  a large hole in the ground destined to speed traffic from one end ofĀ  SeattleĀ  ready for the trip back lol

but the powers that be will have all that property to develop when they demolish the bridge ..large towers to view the western mountains .. whilst the tunnel will block the beautiful view.. as the roses will no longer be seen and will not be smelt .. In their places will be thornsĀ  and noxious fumes

Wanka – Atacama Copper train

Posted by Maya @ 21:59 on July 24, 2014  

Not to worry about the trackside landscaping there… it won’t wash out.

It hasn’t rained there in the Atacama in Centuries!!Ā  šŸ™‚

« Newer PostsOlder Posts »
Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.