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

Robert Reich- Moral Crisis of Our Age: insider trading, obscene CEO pay, wage theft from ordinary workers, Wall Street’s gambling addiction…

Most business like electronics textiles and others were drive off by greedy politicians said good riddance and aren’t coming coming back anytime soon.

As far as labor there’s no border patrol,  they will just allow mass immigration like their already doing to offset labor demands and instead cause labor excess and stress in resources with increasing prices.

Preface by Washington’s Blog: The New York Times, Washington Post, Financial Times, Bloomberg,Sydney Morning Herald,  International Business Times and many other news sources have reported that the numerous holes in the wreckage of Malaysian airlines flight 17 are shrapnel from missiles fired from the ground in Ukraine.

Eric Zuesse and the witnesses he quotes claim that the evidence points elsewhere …

By Eric Zuesse:

Reader-comments to my July 31st article, “First Examination of Malaysian MH-17 Cockpit Photo Shows Ukraine Government Shot that Plane Down,” have provided links and leads to independent additional confirmatory evidence, to such an extent that I now feel confident enough to say that the evidence on this matter is, indeed, “conclusive.” Here is all of that evidence, which collectively convinces me that pilot Peter Haisenko’s conclusion there, is, indeed, the only one that can even possibly explain this wreckage:

“There have been two or three pieces of fuselage that have been really pockmarked with what almost looks like machine-gun fire, very very strong machine-gun fire.” This remarkable statement comes not from Haisenko, but from one of the first OSCE investigators who arrived at the scene of the disaster. See: https://www.youtube.com/watch?v=7ze9BNGDyk4 and it’s right there. Read more

“Wars can be prevented just as surely as they can be provoked. We who fail to prevent them must share the guilt for the dead.” Omar Bradley

We need the opposite of a strong currency (regulated by socialist greedy bankers) to rebuild America.

And we DON’T need wages to reflect inflation. We need DEMAND for labor, needed to produce our own goods to raise the value of people’s labor. Everything costing MORE, helps profits. Note higher oil/energy prices creating booms in energy states.

If we made our own consumer electronics, we would have OTHER “electronics” states booming. Booming states draws workers away from OTHER slow states, and help create labor shortage in weak states.

would be disbelief—just like no one trusts the stock mkt after 10,000 DOW pts straight up….like today==silver is lagging!! or…when is the alto bomb gonna drop on us? And…many, many others…I am not immune to their baleful** influence…

****threatening harm or evil. : harmful or deadly. Full Definition of BALEFUL. 1. : deadly or pernicious in influence

Yep the last hour is always telling. The last five minutes in GDX is especially telling. Would like to see us avoid a flush and close at the highs, but who the heck knows?

I think the ECB is meeting tomorrow, never know what those birds will do.

That would depend on if wages reflected inflation and the gov would stop taxing to death or over regulations hidden taxes like emissions  the businesses. Their attitude is like the fully thing. They make money on us while using us to do it on a free site. What’s mine is mine what’s yours is mine too.  They just go do things without votes or vote on things they haven’t even read. It would take a new gov to rebuild America and eliminate the current unconstitutional acts they have done against us that are even hurting business like NSA as well as reform of public expenses that they need to eliminate and go the way if everyone else and not expect tax payers to support them in retirement and go back to limited government.

Good dream though.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/6_Louise_Yamada_-_Gold,_Silver_%26_Other_Key_Metals_On_The_Move.html

In my opinion, that would be dream come true. The best thing that could ever happen to the American people, but BAD for the local domestic Gov’t that is generally pro foreign anti American.

It would like the opposite thing that happened at end of WW II. Before the war one Jap Yen was equal to $1. After the war they made it $1 equal to 360 Jap Yens. A net CRASH in the Yen, done so to artificially rebuild Japans economy at USA’s expense.

A Dollar crash would rebuild the USA economy and prosperity at foreign expense.

Ya it looks fine so far but between 3 and 4 always seems to be the tell or even just a whipsaw, nothing predictable at all imho. This sector has turned into forex trading.

These diabolical BOZOS running the planet need to admit that having things produced 12,000 miles away from where needed, then DELIVERED 12,000 miles TO where needed it a big waste of energy.

These jerks want EVERYBODY ELSE to cut back just so THEY can keep wasting energy.

STORY: Old folks’ perspective on the environment.

The Green Thing

Checking out at the store, the young cashier suggested to the older woman that she should bring her own grocery bags because plastic bags weren’t good for the environment.

The woman apologized and explained, “We didn’t have this green thing back in my earlier days.”

The clerk responded, “That’s our problem today. Your generation did not care enough to save our environment for future generations.”

She was right – our generation didn’t have the green thing in its day.

Back then, we returned milk bottles, soda bottles and beer bottles to the store. The store sent them back to the plant to be washed and sterilized and refilled, so it could use the same bottles over and over. So, they really were recycled … but we didn’t have the green thing back in our day.

We walked up stairs, because we didn’t have an escalator in every store and office building. We walked to the grocery store and didn’t climb into a 300-horsepower machine every time we had to go two blocks. But she was right …we didn’t have the green thing in our day.

Back then, we washed the baby’s diapers because we didn’t have the throw-away kind. We dried clothes on a line, not in an energy-gobbling machine burning up 220 volts – wind and solar power really did dry our clothes back in our early days. Kids got hand-me-down clothes from their brothers or sisters, not always brand-new clothing. But that young lady is right … we didn’t have the green thing back in our day.

Back then, we had one TV, or radio, in the house – not a TV in every room. And the TV had a small screen the size of a handkerchief (remember them?), not a screen the size of the state of Montana. In the kitchen, we blended and stirred by hand because we didn’t have electric machines to do everything for us. When we packaged a fragile item to send in the mail, we used wadded up old newspapers to cushion it, not Styrofoam or plastic bubble wrap. Back then, we didn’t fire up an engine and burn gasoline just to cut the lawn. We used a push mower that ran on human power. We exercised by working, so we didn’t need to go to a health club to run on treadmills that operate on electricity. But she’s right … we didn’t have the green thing back then.

We drank from a fountain when we were thirsty instead of using a cup or a plastic bottle every time we had a drink of water. We refilled writing pens with ink instead of buying a new pen, and we replaced the razor blades in a razor instead of throwing away the whole razor just because the blade got dull. But we didn’t have the green thing back then.

Back then, people took the streetcar or a bus, and kids rode their bikes to school or walked instead of turning their moms into a 24-hour taxi service. We had one electrical outlet in a room, not an entire bank of sockets to power a dozen appliances. And we didn’t need a computerized gadget to receive a signal beamed from satellites 2,000 miles out in space in order to find the nearest pizza joint.

But isn’t it sad that the current generation laments how wasteful we old folks were, just because we didn’t have the green thing back then?

http://www.cbc.ca/newsblogs/technology/quirks-quarks-blog/2011/11/old-folks-perspective-on-the-environment.html

I must say I’m a little surprised, not that I was wrong for the millionth time, but that we are actually holding up late in the day. Would still like to see silver stronger but we’re doing OK so far.

Go figure.

Nice breakout on the two hour chart.

Nice action after lunch.

perhaps a refresher is in order. CB’s is short for Central Banks. If you have 40 years you should know that parlance.

Central Banks are the stock market. They are the bond market. They are every market of importance in the West.

This is very easily proven unless you are an idiot like a Mish Shedlock. BAML comes out with analysis of capital flows in three categories.

This graphic was updated recently but it shows quite cleary that CAPITAL was a net seller in all three major categories. So who bought stocks and with what money? We are talking trillions in market cap were added with everyone a seller. Of course data came out earlier this year that Sovereigns and CBs are believe to have purchased 27T in equities.

What I showed in the previous post was what all of the algos RUN BY CB’s work off of, which is quite easily seen if you are willing to do the work. That too is fact. So rather than ask who sells tens of billions in gold April before last which had everyone screaming, simply look at what Yen/$ did and know that only the CBs have enough gold to make that work. And yes, it is paper.

Dumping Oil like this is gonna piss off Vlad big time….this might just be the Scum’s undoing….I would not like to be a JMP banker/Trader right now.

I’ve been in the Mkts for over 40 yrs and can tell you flat out Gold the Stock mkt and Long Term rates are being manipulated like no mkts I have ever seen. Yes you may find some cozy correlation  fits here and there, which has always been the case, but they mean nothing against the 24/7 manipulation.

So I don’t know what yr game is, but any analysis that ignores the Scum is either disinformation or ignorance.

fwiw, I see the bb’s pinching on the 10min charts, so I suppose we get our answer before the end of day.  what fun…lol

good job management! If I ran my firm the way these people managed this company for the last 20 years or so, my clients would have fired me a loooong time ago.

There is no guesswork here. No GOFO, Chinese demand. None of that matters.

Again, if this paradigm changes then there is something else that is moving gold. For now, this is the only playbook. On the monthly the dollar is rolling over against the yen and gold is turning up.

If you are looking for a why I can only offer a guess. The CBs manage their balance sheets and gold holdings via algos. It is not necessarily the levels of dollar/yen. It is the movement.

Supply and demand are 100% irrelevant in the precious metals, until they become relevant.

Watch this chart. If gold ever significantly de-couples then you have a paradigm shift. This is a one year chart and gold trades inversely.

just seems like they absorbed all the buying once we hit $1310 and now they’re going to drip sell it the rest of the day. Silver should be doing better, GDXJ the former leader has been drifting lower all morning.

Some of it may have to do with oil rolling over. I dunno, maybe we’ll be surprised by a late day surge but it doesn’t feel like it right now.

Weird. USD just rolled over in a hurry.

maybe a bit pavlovian but it is what it is…. nearly all breakouts get sold and breakdowns get bought after they break down again and again and….

and a gap up this morning to boot.