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

Well, I wasn’t sure if you preferred bacon, sausage, or steak with those eggs so I had em pile em all on. I probably wouldn’t tell your heart doctor about your feast. (grin)

Thanks for all you do, may your rewards be great, Farmboy

Thanks for breakfast!

Back into puts at about the same price as last Friday> picked Slw 25’s as Slw has been holding up very well. Stock has a gap @ 23.60.

Copper price boost after China manufacturing jumps to 27-month high

In pre-open New York trade on Friday September copper jumped to a high of $3.2555 a pound after data out of China showed manufacturing activity at a 27-month high.

The latest jump came after the Chinese manufacturing purchasing managers’ index (PMI) indicated that the world’s second largest economy accelerated into the third quarter.

The official manufacturing PMI for July came in at 51.7, up from 51.0 in June, the highest since May 2012. A reading above 50 indicates expansionary conditions for industry.

The output and new orders components picked up showing strong domestic demand, while export orders, which had been lagging also improved.

Copper price boost after China manufacturing jumps to 27-month high

Good morning folks. I wonder what this Friday has in store for the markets? Guess I will just sit back and watch the action a bit, and let the pundits explain it all to me. (grin)

Wanka, I want to thank you for clarifying some points in my post from last night. I ask that you forgive me for my lack of knowledge in some areas of all that has transpired. I am still somewhat in a state of shock that events have transpired as they have. I started to title my repose “When Honorable Men Do Dishonorable Things”, but thought better of it.

Mostly, I regret the actions that has brought us to this point. But very happy that the Oasis was created. I know it rests in very good and capable hands and happy to be invited to participate in the continued place where Goldbugs can gather. I am ready to move on in life with a heart of gratitude for the actions and oversight that the current Administration has exemplified. Thank you !

And, I am prepared to offer my amends to Ipso and Williams the WebMaster for my lack of acknowledgment last evening by serving up a breakfast in their honor. Bon appetite fellas. I hope you can keep Floridagold’s fingers off your plate long enough to enjoy it. (grin)

Now lets get on with Life, and enjoying our New Home, Best to all, Farmboy

Banco Espirito Santo Plunges 20% As Goldman Cuts Stake

http://www.zerohedge.com/news/2014-08-01/banco-espirito-santo-plunges-20-goldman-cuts-stake

Fiat SpA (F), Italy’s largest manufacturer and a symbol of the country’s struggle to adapt to globalization, is leaving home after 115 years.

The controlling Agnelli family and other investors, holding their final shareholders meeting in Turin today, sealed the end of Fiat as an Italian company with a vote approving a merger with Chrysler. Created by Italian-Canadian Chief Executive Officer Sergio Marchionne, Fiat Chrysler Automobiles NV will be incorporated under Dutch law, based in the U.K. and listed on the New York Stock Exchange.

“Marchionne doesn’t want to abandon Italy; he wants FCA and himself to be global players, and the center of gravity of FCA has to be repositioned in order to do that,” said Erik Gordon, a professor at the University of Michigan’s Stephen M. Ross School of Business. “It is a little sad for Italy.”

cont. http://www.bloomberg.com/news/2014-07-31/fiat-says-ciao-to-italy-as-merger-with-chrysler-ends-era-cars.html

The windmills must have been added in the last 5 or 6 years since i was last through Spanish Fork on my way to Colorado.

Well you definitely know the Euro zone better than I do. Maybe it’s just a banking contagion that they can no doubt paper over.

As for the cap, definitely in play and now as the boyz engineer a short squeeze in the SM, they re going to try to take our miniscule gains. Hope they don’t but looks like it.

I still can’t figure out why oil is falling.

The Germans are the most pro the EU of any nation, as of now. Also Merkel is running the whole show, nothing happens without her approval in the EU, which is just how she likes it. So everything being normal there is no way they will leave……but the World is no longer anything like normal and changeing fast in many directions, so who knows.

I see Gold was capped at 1 %….1295.90…….nothing new there.

…the answer is blowin’ in the wind.

http://www.railpictures.net/photo/491332

Art Cashin was just on CNBS so I unmuted. He thinks the German weakness is contagion from the Portugeeze bank blow up.

So there you have it, yet another theory. 🙂

Nevsun Accelerates Production, Sales and Net Income in Second Quarter 2014

http://finance.yahoo.com/news/nevsun-accelerates-production-sales-net-210400218.html

Eldorado Gold Corporation: 2014 Second Quarter Financial and Operating Results

http://finance.yahoo.com/news/eldorado-gold-corporation-2014-second-214103179.html

Maybe so. I have another theory.

I think the Germans are going to leave the Euro and do deals with Russia, the western banks know this and as punishment have decided to sell the German market as a threat.

Either way, the Germans sure need Russia more than they need us.

The 10 am EST metals beatdown is MIA this am. Looks like a little short covering coming in.

Go figure.

maybe the Krauts are wakeing up to the idea that all those super efficient factories of theirs, ain’t gonna make much, once Vlad turns off the electricity !!!!!!

European markets are getting crushed again, especially the German market. The boyz better engineer a SM rally here or it’ll be another ugly day. Better have some coffee.

Ladybug and I are off on our annual getaway to YOHO National Park, a beautiful site to watch some of the upcoming Perseid meteor shower.

Meteor shower guide 2024: Up next the April Lyrids

Plague Is Still Out There

A man and his dog, who lived in an eastern Colorado county, both contracted pneumonic plague, a rare form of the plague that is also “the most life-threatening.”
The man’s dog died unexpectedly, and a necropsy concluded that the dog had died of pneumonic plague. The man was found to have the disease immediately afterwards, although no word has been given on the man’s condition.
Plague bacteria occurs naturally in the western areas of the United States, particularly in Colorado, New Mexico, Arizona and California, and is usually found in rodents, most often prairie dogs, where fleas leave an infected host when it dies and find another host, to which the fleas transfer the disease.
Pneumonic plague is caused by the same bacteria that causes bubonic plague, but they infect a person’s lungs and are then transmitted through infectious droplets when the sick person coughs.
This is Colorado’s first human case in a decade, although 60 cases of pneumonic plague have been identified in Colorado since 1957, with nine fatalities.
Although plague is rarely found in humans, it “is severe and potentially life-threatening if not detected and quickly treated with common antibiotics,” says the Colorado Department of Public Health and Environment.
Apparently, they got to this man in time because he has now been on treatment long enough to no longer be infectious, and it looks as though he will be fine. The big thing now is to identify people he might have been around while he was infectious and start them on antibiotics, and try to figure out where and how he and his dog became infected.
In the meantime, three more people in Colorado, all of whom had been in contact with the man’s infected dog, have been diagnosed with the plague. But it appears these three people were caught early, while their symptoms were still mild, and are now no longer contagious after being treated with antibiotics. The Colorado public health veterinarian points out that, “We usually don’t see an outbreak like this related to the same source.”
Do as Dr. “B” says, folks, and store up some common antibiotics. The time is coming when there may be no doctors and no medical treatment available, and your stockpile may be the only thing available to save yours or your family’s life.
(www.foxnews.com, Thursday, July 10, Monday, July 21, 2014.)

Chembio

PS Dusty, stop letting your pup chase those squirrels.

This Sounds Like Another Provocative Act To Us

During World War II, Japan built a chemical weapons plant in northeastern China, where Japanese scientists allegedly conducted inhuman experiments on Chinese citizens in a search for biological and chemical agents to use in warfare.
China is excavating the plant and plans to begin allowing visits to the facility next year around the 70th anniversary of “victory in the anti-Japanese war.”
The lab operated in secret between 1935 and 1945, when it was destroyed by the Japanese as Soviet forces approached.
According to Xinhua News Agency, the laboratory was responsible for the deaths of more than 10,000 people, mostly noncombatants and captured military personnel from China, the Soviet Union, the Korean Peninsula and Mongolia.
This sounds to us like another little poke at Japan, just as tensions between the two countries are escalating over the ownership of the Senkaku Islands and the airspace around them.
It remains to be seen what kind of retaliation Japan will undertake, although we feel sure there will be some form of retaliation.
Let’s just hope the American government has enough sense to stay out of this one.
(Global Security Newswire, Tuesday, July 8, via www.nti.org.)

By Chembio

Well maybe we can swap a few degrees between us. Were having a killer heat wave here. What’s a joke with some of these builders is they put up these expensive track style houses as inexpensive as they could for maximum profit and their air conditioners cannot handle this heat and it’s 80 F inside these places and that’s with additional cooking systems to offset the poor performance. They have all these regulators for building but nobody notices. Somebody who put his office below his conditioner got a bad fungal lung infection. Told him to check the walls and leaks in his air conditioner. California and their over building without lack of though is such a joke.

We Thought Snipers Were Threat Enough

As if snipers shooting up transformers were not a big enough threat to the power grid, now we learn that there’s a possibility of a hacker attack against U.S. and European energy companies that could disrupt power, and that the group involved is “affiliated with Russia.”
Department of Homeland Security officials have posted several alerts to companies operating “industrial control systems” that run critical commercial services during the last few days, and says it is analyzing “malware and artifacts associated with an industrial control system focused malware campaign.”
The malware is targeting machines “running outdated versions of a widely used specification for connectivity called Open Platform Communications, or OPC, technology.”
Apparently the malware wood cause multiple “common OPC platforms to intermittently crash. This could cause a denial-of-service effect or outage of applications reliant on OPC communications.”
The hacker group, calling itself Energetic Bear and Dragonfly, has broken into three control system vendors and “dropped the malware into legitimate software updates that its energy customers download.
Symantec, a computer security company, said the groups prey on “government and research targets, plus companies that operate power grids, electricity generation and petroleum pipelines, as well as industrial equipment providers.” Countries victimized include the U.S., Spain, Italy, France, and Germany.
The malware does not appear to affect “devices using newer versions of Open Platform Communications,” but you know how companies are . . . they never upgrade their software until they are forced to, because it causes immense upheaval in the ranks and constitutes a big expense.
(Global Security Newswire, Wednesday, July 2, 2014, via www.nti.org.)
By Chembio

Armstrong
Russia is responding by raising energy costs to Europe and throwing out all US auditing and financial companies in the country. The deputies of the Duma have already brought a law on the way to be voted on. Among the affected companies, Deloitte, KPMG, Ernst & Young LLP, PricewaterhouseCoopers LLP, Boston Consulting Group Inc. and McKinsey & Co.

The Obama Administration is perhaps the most inept regime I have ever seen. I disagreed with Bush the Cheney puppet, but these people are vicious and evil-minded both against Russia and domestically. They should have sat down behind the curtain with Putin, even though he is an old world empire dreamer. These sanctions are stupid. Will not and cannot actually cause Putin to reverse his thinking but only turn more aggressive. He cannot back down without losing face. The objective is to hurt the Russian people so that they turn against Putin. And then what? This is not a very good situation in the least. Prepare for World War III. Ironically, the Democrats are the one who start them every time.
If anyone thinks for a second I am being hard on Obama and politicians in general, just read the Cycles of War. The Germans even took advertisements in the NY newspapers telling people not to sail on the RMS Lusitania because the US was using passenger ships to send arms to Britain illegally using civilian ships to protect arms shipments. Oh lets see. They accused Saddam Hussein of that as well. I guess it takes one to accuse one.

Sorry, politicians lied about the motives to start every single war. The lies are all documented and laid out in that report. Even Vietnam – I give the direct quote of LBJ saying the Vietnamese never fired on America, for all he knew, the US was shooting at whales. More than 50,000 Americans died for those lies.There should not be career politicians for economic sake or for the sake of society. We will always be just the expendable great unwashed.

From Ron Paul
http://news.goldseek.com/GoldSeek/1406722792.php

You’ve been seeing my name spelled with a ie so long you spelled goldilocks with a ie.  But if u mean me although assuming you didn’t like I said I was holding out till beginning of aug to see what the winds bring. Turned out pretty strong winds. No time at the moment to play the near term directions that will evolve yet anyways. Missing all the fun.

Showed my better half Some Beach (while sitting on the dock on the Bay) and she says…

I like Flag songs best…

Well I about posted Star Spangled Banner