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

maddog

Posted by Buygold @ 15:42 on August 19, 2014  

That’s how it works here in the US too. Work a gov’t job, get paid double plus the best benefits in the country. Especially if you work a federal job.

Same everywhere, that’s why when the riots begin it will be gov’t employees protesting how the banksters stole their pensions. The rest of us can just eat crap.

You saw it on the Tent first….long term Dow Target 1,816,630.00

Posted by Maddog @ 15:34 on August 19, 2014  

The Dow ran from the 44.7 in ’32 to 11497.12 in ’99 in a Super wave….if the next Super wave equals that multiple ie 257.20 times, then with the low being 7062.93 in 2009 that gives us the 1.8 Million plus target.

 

It’s time theTent put CNBS in the shade…they ain’t bulls their barely bullocks. YEEEEEEHHAAAAAAAAAAAAA !!!!!!!!

Re Ferguson

Posted by Maddog @ 15:24 on August 19, 2014  

All I would say is no matter the rights and wrongs, what is very apparent in my country is that ALL public officials think we work for them and that they have a God given right enjoy a very lazy but wealthy lifestyle paid for by taxpayers.

 

 

interesting trade in Newmont

Posted by sbr @ 15:17 on August 19, 2014  

Someone bought 8,000 OCT 30 calls for 12 cents.

Looks like they financed the trade by selling 3,000 OCT 25 puts for 32 cents.

and as for everything pm, I’d like to use floridagold’s favorite emoticom

Posted by Buygold @ 15:03 on August 19, 2014  

because it just never ends.

headbashwall

samb

Posted by Buygold @ 15:01 on August 19, 2014  

For sure we don’t know the whole story. If things happened as you heard, then the officer may have been in fear for his life, but he still had options. Perhaps he thought he didn’t, I don’t know.

I don’t think what happened in Ferguson with Brown is the best example of police brutality. I think what happened in NY city and in Wanka’s home of Key West are better examples of police overstepping their bounds, but the trend appears to be one of police militarization to me. Some maybe justified and some not.

I stand by my statement that if it were a white kid, circumstances would be different. I blame Obama the race baiter for that. JMHO.

If Yellen is even slightly hawkish

Posted by sbr @ 14:59 on August 19, 2014  

dol

 

the dollar explodes and the multi-nationals will in time get crushed.

This is everything right here.

Re: Ferguson situation…

Posted by amals @ 14:52 on August 19, 2014  

For those who don’t know, I live in St. Louis.  I have been following this from the beginning and as  you can guess, we are inundated with news.  I have been refraining from comment until more information and better evidence surfaced.  It has been coming out in bits and pieces from a variety of sources.  There is still much to know, but from everything I have been able to piece together, Samb’s post at 11:31 is very close to the mark as to how I would try to summarize what I believe happened.  I don’t want to say much more at this point because there are important facts still being gathered and have not been officially released.  But please believe me, fellow oasis-ers, what you are getting from the major news media sources is a far cry from what I believe we will come to accept when we get to the bottom of it (If that is possible; it is an unbelievably f–ed up situation).

For those who would like a blow-by-blow discussion not found in the newspapers and on TV, let me suggest my other favorite forum: sigforum.com   It is nominally a gun forum, but like the tent/oasis, it is composed of a large and diverse group of interesting people, and features discussions on a very wide range of topics.  If you go to the forum, enter and find “The Lounge”.  It is the first “room” at the top of the page.  In there you will find a long discussion of the events in Ferguson (St. Louis members … stay the H out of the north county/city area!!!)  The thread was started by a St. Louis County police officer who has been at the scene  almost every night.

EDIT:  If you go to sigforum, you will have to wade through the flip comments to get to the thoughtful ones; be advised.

Ororeef

Posted by silverngold @ 14:39 on August 19, 2014  

Bars of soap sound like they’re worth a try. You might also try sheets of Bounce stuck here and there. I’ve heard no rodents like their smell.

Auandag

Posted by Maddog @ 14:34 on August 19, 2014  

re Saville Tks

The Fed doesn’t care, they think they have it all under control by “forcing” the mkts to do as they wish and so far they are right. Gods knows what will happen when it stops working, it will be utter chaos.

But his article does show how far Mkts/prices are away from reality.

 

Ororeef

Posted by goldcountry @ 14:00 on August 19, 2014  

That happened to my truck when I lived in Ohio–very annoying business. What worked for me after repairing the wiring was to shove bars of Irish Spring soap into every nook and cranny under the hood. They hate that smell and left my truck alone after that.

Ororeef

Posted by ipso facto @ 13:56 on August 19, 2014  

Cat? Garage? Pellet gun? 🙂

Ideas ?

Posted by Ororeef @ 13:44 on August 19, 2014  

Having a problem with Ground squirrels,& REGULAR SQUIRRELS eating my trucks wiring and gas lines causing several gas leaks wiring problems engine light on problems, all caused by rodents chip minks mostly ..little rodents with white stripes lateraly .I tried mouse traps,sticky boards,poison bait ,spraying vinegar,bleach etc.$1500 DAMAGE SO FAR…Everything except what other animals do …marking my territory ..thats next..

Posted by Auandag @ 13:43 on August 19, 2014  

Future “inflation” and the Fed’s madness

Steve Saville
email:
sas888_hk@yahoo.com
Posted Aug 17, 2014

Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 7th August 2014.

Prior to 2002 the Fed would tighten monetary policy in reaction to outward signs of rising “price inflation” and loosen monetary policy in reaction to outward signs of falling “price inflation”, but beginning in 2002 the Fed became far more biased towards loose monetary policy. This bias is now so great that it seems as if the Fed has become permanently loose.

The following chart comparing the Fed Funds Rate (FFR) target set by the Fed with the Future Inflation Gauge (FIG) clearly illustrates the change in the Fed’s tactics over the past two decades. The Future Inflation Gauge is calculated monthly by the Economic Cycle Research Institute (ECRI) and should really be called the Future CPI Gauge, because it is designed to lead the CPI by about 11 months.

The chart shows that prior to 2002 the FFR tended to follow the FIG. After the FIG warned of rising “price pressures” the Fed would start hiking the FFR, and after the FIG started signaling reduced upward pressure on the CPI the Fed would start cutting the FFR. (Note: Our chart begins in 1994, but the relationship between the FFR and the FIG that we just described goes back much further.) During 2002-2004, however, the Fed not only didn’t hike its targeted interest rate in response to a sharp increase in the FIG, it continued to cut the FFR.

The Fed’s decision to maintain an ultra-loose stance during 2002-2004 was the fuel for the real estate investment bubble and set the stage for the collapse of 2007-2009.

There was a lesson to be learned from what happened during 2002-2007, but the Fed clearly learned the wrong lesson. The lesson that should have been learned was: Don’t provide monetary fuel for bubble activities, because the eventual economic fallout will be devastating. Unfortunately, the lesson that was actually learned by the Fed was: An economic bust can be avoided forever by keeping monetary policy loose forever. The result is that the divergence between the FFR and the FIG that arose during the first half of the last decade is nothing compared to the divergence that is now in progress. The FIG has been working its way higher since early-2009 and just hit a 5-year high, while the Fed’s ZIRP (Zero Interest Rate Policy) remains firmly entrenched.

Zooming in on the shorter-term fluctuations, last year’s small decline in the FIG suggested that there wouldn’t be a significant increase in the CPI’s growth rate until at least the final few months of this year, while the rise in the FIG that began late last year suggests that “price inflation” will start to become apparent in the CPI during the final quarter of this year and could be perceived as a serious problem during the first half of next year. This probably means that by early next year the T-Bond bears will start to look correct and the Fed will start to feel irresistible pressure to begin a rate-hiking program. Unfortunately, the US economy is now so rife with ‘bubble activities’ (businesses, projects, investments and speculations that are only viable due to artificially low interest rates and a rapid stream of new money) that a severe downturn is likely to follow an attempt by the Fed to ‘normalise’ its monetary policy.

By ignoring investment bubbles and erring far more in favour of “inflation” than it has ever done in the past, the Fed has set the stage for the mother-of-all economic busts. If the bust doesn’t begin earlier it is likely to begin soon after the Fed starts to raise its targeted interest rate.

###

Steve Saville
email: sas888_hk@yahoo.com
Hong Kong

Shanghai Gold Exchange plans FTZ contract for September

Posted by ipso facto @ 12:47 on August 19, 2014  

http://www.mineweb.com/mineweb/content/en/mineweb-fast-news?oid=250470&sn=2014+details

The FED will raise rates when?

Posted by sbr @ 12:44 on August 19, 2014  

rates

 

Three year chart.

Rates and the CRB are nose diving.  Show me an instance where the FED jacked rates with a plunging long end coinciding with a plunging $CRB.  This is a picture of an economy in a tailspin, not one that is about to take off.

If equities were not endlessly manipulated higher we would be witnessing a panicked deflationary scenario. the FED is miles from raising rates.

Does anyone wonder what’s going to happen here?

Posted by ipso facto @ 11:46 on August 19, 2014  

Hundreds of Taliban fighters battle Afghan forces near Kabul

(Reuters) – As many as 700 heavily armed Taliban insurgents are battling Afghan security forces in Logar, a key province near the capital Kabul, local officials said on Tuesday, in a test of the Afghan military’s strength as foreign forces pull out of the country.

Militants have this summer mounted increasingly intensive assaults across several provinces, often involving hundreds of fighters, as the country braces to stand on it own feet militarily for the first time in nearly 13 years.

more http://www.reuters.com/article/2014/08/19/us-afghanistan-taliban-offensive-idUSKBN0GJ0SV20140819

BG1 @ 11:10

Posted by Samb @ 11:31 on August 19, 2014  

We don’t know the truth yet. this is the story that I’m hearing. After robbing/shoplifting from the store, Brown and friend were walking down the middle of the street. Police car comes by and cop tells them to get off the street. Brown gives the cop some lip and refuses that order. Cop pulls up in front of them and as attempting to exit the cruiser gets rushed by Brown. Scuffle ensues inside the car with Brown punching the cop and going for his gun.

One shot fired from inside the car and shell casing found there. Brown then either starts walking or running away. Cop gets out of car and tells them to freeze. They turn around and then Brown rushes cop at full speed.

Maybe the cop thought this might happen

Posted by drb2 @ 11:26 on August 19, 2014  

the “kid” was 6 ft 3″ and 300+ lb

 

nobody is rioting over what happened to this Deputy.  The news coverage small.

 

Deputy Suffers “Life-Changing” Injuries in Mall Attack | NBC Southern California

http://www.nbclosangeles.com/news/local/Deputy-and-Suspect-Involved-in-Physical-Altercation-at-Lakewood-Center-Mall-271507201.html

Russian import ban fuels food price rises

Posted by ipso facto @ 11:24 on August 19, 2014  

Food prices are rising in parts of Russia and experts say the state embargo on imports of Western food appears to be making things worse.

Since the ban was imposed on 7 August imported pork used in processed meat in Moscow has gone up by 6%, Russian business daily Kommersant reports.

In St Petersburg food prices have risen 10%. That inflation occurred even before the impact of sanctions.

Russia’s ban on many Western foods is retaliation for sanctions over Ukraine.

The St Petersburg government’s economic policy chief, Anatoly Kotov, said the pork price had risen by 23.5% and chicken by 25.8%.

On Monday, Russia’s Prime Minister Dmitry Medvedev said he did not expect the ban on food imports to lead to price rises or shortages in the shops. But he also said he hoped the ban – introduced for a year – would not last too long.

more http://www.bbc.com/news/world-europe-28849726

Posted by Auandag @ 11:21 on August 19, 2014  

It’s funny how people will make excuses for their own actions and inactions, but won’t admit the truth.

If you start pushing back on that your circle of friends begins to shrink — and quite quickly at that.

But it’s not because you’re wrong — it’s because people are uncomfortable with reality, and you’re refusing to put away the “real” card.  You’re removing the Facebook patina of perfection, of hedonism, of narcissism and self-delusion.

What am I talking about?  The fact that each and every one of you reading this, along with myself, consent to all of the below list each and every day:

  • Every single act of felony assault when a cop in Ferguson points a weapon at a peaceful protester and is not immediately arrested and charged with the crime of assault with a deadly weapon.
  • Every single act of altering the timing of yellow lights to generate intentional bogus violations that cannot be evaded due to the laws of physics, and which, when you are entrapped by happenstance of your presence, you must pay not a legitimate fine for misbehavior but instead literally have funds extorted from you.
  • The violations of your Fourth Amendment rights on the road, in the airport and on the sidewalk in NY, Texas, Florida and elsewhere.
  • The refusal of our government to recognize your fundamental right to life, that is the right to self defense through the keeping and bearing of the only device known to man that is effective in that regard, everywhere and anywhere without permit, license or other constraint up until you actually commit a criminal act by misusing same.
  • The bankster fraud games in Jefferson County Alabama that are still costing people doubled (or more) water and sewer bills and will forever into the future, featuring court-proved acts of bribery.
  • The bankster fraud games on Wall Street (including selling securities they self-described internally as “vomit” to people just like you through their pension funds and elsewhere) that caused the housing bubble and subsequent collapse.  Despite literal trillions of intentionally-bogus securities being sold and millions of Americans being dispossessed of their homes and personal wealth not one bankster went to prison for any of it.
  • The bankster fraud games on Wall Street that are still going on with derivatives, high-frequency trading and more, all of which has the effect of counterfeiting the currency you carry and spend on a daily basis — in effect committing what should be prosecuted as felony grand theft against you and counterfeiting against the nation each and every day.
  • Hospitals billing people $10,000 for a $100 test without disclosing the price before the test is given, then suing to collect a ridiculously bogus charge.
  • Hospitals billing a woman $60,000 for two $100 vials of scorpion anti-venom, preventing you from getting that anti-venom from anywhere else through threat of criminal penalty.
  • Being forced to buy an “insurance” product (Obamacare) that isn’t actually insurance under threat of government force and confiscation of your funds (theft again.)
  • Being sold ownership in property that you never actually own as you must rent it forever from the local and state government, and despite this fraud entire industries continue to use the word “sell.”
  • Having your constitutionally-guaranteed freedom to travel trampled by demands that you be “licensed” to simply move your person and personal property by the ordinary means of the day.
  • Having your 4th Amendment right to be left alone trampled by a government agency that lied directly to Congress about what they were doing, falsified the justification for same (that it “caught terrorists” when in fact it actually caught none), got caught in both lies (which is a criminal offense, incidentally) and yet nobody went to prison nor has the program been stopped and the data collected under said false pretense been purged.
  • Having 3-4% of your purchasing power stolen each and every year on a compounded basis on average — sometimes more, some less, but never, not even once since 1980, has it not happened for as little as three consecutive months.
  • Ridiculous bloat in the public schools you fund such that half or more of the money spent, and thus a huge chunk of your property taxes (which you pay either in rent or directly if you “own”) is literally stolen from you and given to people who perform no necessary service.  In other words, you willingly allow yourself to be robbed each and every year.
  • Ridiculous bloat in Universities such that your children get robbed again to the tune of 3, 4, 5 even 10x what it should cost to obtain a “post-secondary” education.
  • Injury upon injury is also heaped upon your (adult) children, in concert with the previous point, through the inability to discharge student loan debt in bankruptcy, declaring by statute that this “obligation” has literally the same status as child support before the law.
  • A Federal Government structure that, in concert with the above and more, literally steals about 2/3rds of the funds that flow into it via taxes and doles them out as patronage.  In other words you have 2/3rds of any taxes you pay being not put to the use claimed but instead are stolen, and all of this is done only because the government implies the threat of using guns against you if you refuse to pay – an act that by any reasonable measure is a felony committed against every one of you.

Need I go on?  I could literally write a book on the outrages, frauds and thefts you suffer on a daily basis.  Hell, I have — I’ve written close to 8,500 such examinations and instances since 2007.  Through all of this and more over the last decade you’ve seen your cost of living go up dramatically while the median family income has not improved at all.  Not only has the technological advancement of the last 10 years, which should have resulted in you obtaining more purchasing power been stolen the theft didn’t stop there; it is in fact even greater!

We all know what the counter-argument is: I voted for someone and he or she may have even promised to change some of this, but didn’t.  What am I supposed to do about it?

Ah, that’s the excuse you see.  And it’s probably a good one — certainly it is in your mind, and it might even be objectively.

But it doesn’t change the fact that you consented and continue to consent each and every day!

Here’s the thing — even if the alternative(s) involve either intentionally driving yourself into privation or taking illegal action you still consented.  That the alternative is distasteful enough for you to refuse to act on it, irrespective of the reason, doesn’t change the fact that you are giving consent to all of the above and will do so again today.  It does not change the fact that each and every morning you will arise from your sleep and once again give that consent.  You did so intentionally this morning, you will do so of your own free will tomorrow, and you will continue to do so in all probability every day next week, month and year.

Do remember that in 1776 the alternatives to that very same consent — an act of theft via taxation for the purpose of grift that was in fact less than 1/10th of what we consent to today — were very illegal.  In fact the alternatives to that consent involved committing acts of vandalism, intentional destruction and theft of other people’s property, arson, and even murder.

You stand here in this place called America this morning because a bunch of people heard all the arguments you’ve raised about how they really should just go along with it because despite protesting via voting, writing letters to the editor, posting bills on trees and other forms of dissent they weren’t getting anywhere, and the remaining alternatives that were available to them had potential (indeed, even likely) costs that were too high.

Privation, prison, even death.

They did it anyway.

This is not advocacy for violence, by the way.

It is, however, an insistence that you, personally, each and every day, admit that you, personally, are consenting to every one of the above outrages and more because you refuse to stop them.  It is an insistence that you be honest with yourself, your children, your friends and neighbors.  It is an insistence that you not call something******of one’s dignity, civil rights and finances when in fact what happened is consensual sex.  It is an insistence that you hold your head high and take credit for what you have in fact done and allowed to continue, each and every day.

Honesty is the first requirement of a civilized and rational people.

Are you ready to be honest with yourself today, or will you instead choose to continue to lie?

Wanka

Posted by Buygold @ 11:10 on August 19, 2014  

just wonder why he felt threatened enough to shoot him at all vs. tazing him or something or waiting for back up. Seems there’s been an awful lot of excessive force used in the last few years.

OTOH, if this were a white kid we’d hear nothing about it and there probably wouldn’t be rioting.

Ferguson

Posted by ipso facto @ 10:40 on August 19, 2014  

People who are employed aren’t out protesting-rioting at 2 in the morning.

sbr

Posted by Buygold @ 10:33 on August 19, 2014  

Assuming the OI is honest and correct, it would appear that the wipeout will be those on the long side who get crushed. I’m not sure I can ever remember a time when the commercials (banksters) took a big hit on their positions.

The question is why are they pressuring the price of silver so much? What is so important about silver?

The other question, why are the shares holding up so well with the metals weak?

Silver battleground is unprecedented

Posted by sbr @ 10:13 on August 19, 2014  

while everyone was giddy on the ride in 2011. What mattered most was the positioning and open interest and how it resolved.

Outside of a few gents no one is discussing silver’s current structure. We are at a multi-year price lows and open interest is  indicative of a wipeout if past is future. Someone is going to lose and lose big here.

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