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

Shanghai Gold Price

Posted by ipso facto @ 11:21 on September 18, 2014  

http://www.sge.sh/publish/sgeen/sge_price/sge_price_daily/12901.htm

U.S. $ had a fairly big reversal–gold $10 off the low but HUI & JNUG not really doing much-we shall see…

Posted by Richard640 @ 11:18 on September 18, 2014  

http://futures.tradingcharts.com/marketquotes/DX.html

Floridagold @ 11:10

Posted by ipso facto @ 11:13 on September 18, 2014  

I don’t think that policy will last long.

I’m sure it will have a happy ending. D’oh!

gold bourse

Posted by ment17 @ 11:10 on September 18, 2014  

Shanghai skyline

WANKA-Thanks for the memories-I loved Lincoln logs too

Posted by Richard640 @ 11:08 on September 18, 2014  

Now I could use an erect**n set…snort!

Buygold

Posted by ipso facto @ 11:08 on September 18, 2014  

C’mon SGE!

China opens gold market to foreigners

SHANGHAI– Foreigners are now have access to China’s gold market after the Shanghai Gold Exchange (SGE) launched its international board on Thursday.

The yuan-denominated board was launched in the China (Shanghai) Pilot Free Trade Zone, a move to encourage foreign participation in China’s tightly controlled gold market.

“The international board has made China’s opening up of the gold market a reality,” said Xu Luode, the SGE chairman, adding that foreign participation and rising trading volume will make China a real international market.

The new international board hopes to challenge current gold market leaders London and New York. So far, it has attracted dozens of foreign members, including renowned international commercial and investment banks.

It is the first time in China’s capital market that foreign investors can participate in the investment and trading of yuan-denominated products without a capital cap, said a bank dealer on condition of anonymity.

http://europe.chinadaily.com.cn/business/2014-09/18/content_18621961.htm

scottish vote

Posted by ment17 @ 11:04 on September 18, 2014  

are the voting machines controlled…. by the EU

yes means no.. lol

look for the machines to fabricate the vote …in my humble opinion

 

Ipso

Posted by Buygold @ 11:01 on September 18, 2014  

yeah, we can dream. It would be especially nice to see Crimex default and be vindicated after all these years of agony.

If it actually did happen I wonder what effect it would have on the SM? I’d think that might set off a chain of nasty derivatives.

I think we’re dreaming though, everything seems to be under perfect control. All rally attempts are stuffed.

samb

Posted by Buygold @ 10:54 on September 18, 2014  

The British pound is definitely acting as if “NO” will be the end result in Scotland.

It sure seems to me pm’s are trading more with the Yen than anything else at the moment. I dunno.

Gold looking much better

Posted by ipso facto @ 10:39 on September 18, 2014  

spot

Hiya Maya

Posted by ipso facto @ 10:35 on September 18, 2014  

Just letting you know that we haven’t forgotten you. Our IT guy has been contacted and hopefully will be able to figure out your problem.

Cheers, ipso

The Scottish Vote and the Gold cycle

Posted by Samb @ 10:26 on September 18, 2014  

Nem is getting very close to closing the Gap. A NO vote  probably would be bearish for Gold. A No vote could very well bring out the Fat Lady and end this down cycle. Finally ready to cash in my SLW puts, at any rate.

Samb

Posted by ipso facto @ 10:23 on September 18, 2014  

Me too! 🙂

Maybe some children still play with them … when they’re not pushing buttons on some electronic device.

Buygold @ 9:43

Posted by ipso facto @ 10:22 on September 18, 2014  

I hope those guys are the longs at Crimex. Take delivery and leave the crimex BK with a bunch of paper promises and nothing else.

I can dream can’t I.

Ipso

Posted by Samb @ 10:21 on September 18, 2014  

Ah, the happy memories come cascading back. I had forgotten about Lincoln Logs. As a child I played for hours and hours with them.

Glimmer

Posted by ipso facto @ 10:16 on September 18, 2014  

Lincoln Logs, created nearly century ago by Frank Lloyd Wright’s son, to be made again in US

http://news.ino.com/headlines/?newsid=305691763

Ukraine conflict fears pound Kinross Russian valuation

Posted by ipso facto @ 10:01 on September 18, 2014  

http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=253398&sn=Detail

Everything is counter-inuitive now=Why the Dollar May Remain Strong For Longer Than We Think-Charles Evans Hughes

Posted by Richard640 @ 9:54 on September 18, 2014  

there’s massive demand for gold and silver…so the price goes down.

-the economy of the working man in the USA is in shambles…so Wollie’s Bull market presses on.

-the good ol’ USA continues to fight unwinable wars around the world, nonstop, run trillion dollar deficits, have record amounts of people on foodstamps and welfare…. and the dollar will be strong for years…

 

Why the Dollar May Remain Strong For Longer Than We Think-Charles Evans Hughes

For those understandably disgusted by the reckless expansion of the US money supply over the past six years, it’s vitally important to remember that the road to our monetary endgame is not a straight line, nor necessarily intuitive.

For those understandably disgusted by the reckless expansion of the US money supply over the past six years, it’s vitally important to remember that the road to our monetary endgame is not a straight line, nor necessarily intuitive.

I have long been a dollar bull, not for any over-arching reasons based on inflation, deflation, rising geopolitical multi-polarity or any of the other issues that touch on the dollar’s valuation vis-à-vis other currencies. My analysis focuses on a few basics: the dollar’s status as the global reserve currency, Triffin’s Paradox (a.k.a. Triffin’s Dilemma) and global capital flows into the dollar and dollar-denominated assets such as U.S. Treasury bonds.

When we say the U.S. dollar is the global reserve currency, what does that mean? There is often some confusion about the difference between a trading currency and a reserve currency. Let’s use an example to explain the difference.

Country A trades $10 billion of goods and services with Country B, which does $10.01 billion of trade with Country A. The two nations agree to a trade pact that enables the two nations to trade currencies directly, that is, without converting the payments for trade into a third currency such as the dollar.

http://www.oftwominds.com/blogsept14/USD9-14.html

US jets warming up for airstrikes in Syria?

Posted by ipso facto @ 9:50 on September 18, 2014  

Islamic State seizes villages in Syria as drone scouts skies

http://www.reuters.com/article/2014/09/18/us-syria-crisis-drones-idUSKBN0HD0O820140918

Maddog @ 9:37 From The Writers of ‘The Art of War’…

Posted by Farmboy @ 9:44 on September 18, 2014  

Now that’s an interesting concept, Sept 26. Lets throw the financial into chaos right before Elections in the U.S. Can you say double jeopardy or ‘force multiplier’ ? Let me ponder a bit on that one.

maddog

Posted by Buygold @ 9:43 on September 18, 2014  

I believe Shanghai is opening today – 11 days early, according to an article posted on Sinclair’s site.

Regardless, if the banks were to get a whiff of someone standing for delivery of that magnitude. They’d be trying to cover quietly in advance.

or maybe not, maybe they’d just default and settle in USD’s

buygold

Posted by Maddog @ 9:37 on September 18, 2014  

How about 26 Sep as last tradeing day, same day as Shanghai opens  !!!!!!!!!!!

http://www.cmegroup.com/trading/metals/precious/silver_product_calendar_futures.html

Make a Great Epitaph On America’s Tombstone…

Posted by Farmboy @ 9:36 on September 18, 2014  

Maddog @ 9:29 on September 18, 2014

…can’t believe how stupid the west has  become.”

 

 

Maddog @ 9:29

Posted by ipso facto @ 9:34 on September 18, 2014  

No one’s going to see that coming on a chart. Better not be short PMs on that day!

Farmboy

Posted by Maddog @ 9:32 on September 18, 2014  

China dumps all their Trillion in Treasuries on the market, AND calls in Silver contracts, and announces, “There’s a new Sheriff in town”.

 

If they did that as well, I would not want to be down wind of Fall st.

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