GoldTent Oasis is dedicated to our friend and founder John F. Murphy (Wanka) of Key West, Florida without whom this website would not exist. Gone but never forgotten.
ENTER ~ Post by the Golden Rule. Gentlemanly conduct is the attire of the day. GoldTent Oasis is not responsible for content or accuracy of posts DYODD. ~~~~~~~
Also check your current dealers BBB rating and scroll down to read any complaints, most customers see the rating and fail to do so. Customers have reported to me that more than a handful of big name dealers whom they have dealt with in the past have had their BBB ratings revoked for a myriad of reasons such as baiting and switching to numismatics of questionable value, non-shipment or shipping that has taken several months. Some are being sued for conflict of interests, closing, filing for bankruptcy or they have been reported to “Rip-Off Reports” for their misdeeds. Bigger isn’t necessarily better and besides they usually require a booklet of information on you their customers.
The tip of the iceberg has been exposed, and I suspect more will be exposed for their practices. Big name dealers will either be unable to meet their advertising budgets of $2 M or more a month or exposed for their other fraudulent practices. Just remember there are “No Free Lunches” and if they are offering free safes or free coins you are still going to pay for their supposed “Free” enticements. They have paid advertising psychologists that understand the most effective way to manipulate you with deceptive claims and practices. Some even use campaign contributions to obtain connections that enable them to avoid regulation and accountability that are added on to the prices of the products you purchase. If you respond to their expensive ads on T.V. or radio instead of doing your own research your investment will not return its potential maximum R.O.I. Never rely on commercials with paid actors or politicians that hawk the wares of the big name companies when making your consumer decision on where to purchase. They cannot give you the best price or service when paying for advertising budgets of millions of dollars a year.
Remember this is a major source of revenue for media outlets and the result is expensive advertising that wastes a growing amount of G.D.P. without any improvement in your quality of life. The problem is really a lot bigger than it seems and involves a lack of integrity of mass media which doesn’t hesitate to promote massive amounts of fraud everywhere one looks. The politicians who make the laws, the media that provides the investigation and the government and business sector involved in these scams are ALL accountable. Their scams increase their profits and finance their propaganda while the non-thinking majority accept their “false witnessing”.
Aurum sends a sunset to close out our Thursday. Macroman puts on the tunes. AuGirl posts a lyric, Aquila makes it aboard…and Mad Mike serves up coffee while Winedoc reflects on times more simple, more innocent. Thus begins another Golden morning at the Oasis. I wonder what this day has in store? Rarely are we bored ….and that is a good thing. Good morning folks, and welcome to another brand new, never seen by anyone before, kinda day.
” If blood will flow when flesh and steel are one
Drying in the colour of the evening sun
Tomorrow’s rain will wash the stains away
But something in our minds will always stay
Perhaps this final act was meant
To clinch a lifetime’s argument
That nothing comes from violence and nothing ever could
For all those born beneath an angry star
Lest we forget how fragile we are
On and on the rain will fall
Like tears from a star like tears from a star
On and on the rain will say
How fragile we are how fragile we are “
part:
By 1971, as America’s trade deficits increased and its domestic spending soared, the perceived economic stability of Washington was being publicly challenged by many nations around the globe. Foreign nations could sense the severe economic difficulties mounting in Washington as the United States was under financial pressure at home and abroad. According to most estimates, the Vietnam War had a price tag in excess of $200 billion. This mounting debt, plus other debts incurred through a series of poor fiscal and monetary policies, was highly problematic given America’s global monetary role.
But it was not America’s financial issues that most concerned the international economic community. Instead, it was the growing imbalance of U.S. gold reserves to debt levels that was most alarming.
Basically, the United States had accumulated large amounts of new debts but did not have the money to pay for them. Making matters worse, U.S. gold reserves were at all-time lows as nation upon nation began requesting gold in exchange for their dollar holdings. It was almost as if foreign nations could see the writing on the wall for the end of the Bretton Woods arrangement.
Comment: We paid for WWII Korea and Vietnam and a moon landing all for global benefit, and then lost half our gold supplies to the people we helped that were redeeming the dollars for gold.
When the Empire finally fails, all those nations that think they are holding gold or the paper equivalent in NY can kiss it goodbye. There will be a default/debt jubilee that wipes out 17-20 trillion US debt. Heck look at Russia now, default 1998, clean slate and combined with the other BRICS, more economically powerful/stable than the EU or US. TPTB are jealous and caged…a bad situation.
A default isn’t much different than Nixon Aug 15, 1971…they will get on with it when forced. In the meantime TPTB will hold onto the status quo ALAP
The Petrodollar is on its last gasp and TPTB know it, just like the rest of us dummies.
When a new reserve currency takes hold, the US still has the most gold and biggest gun, assuming planet Earth doesn’t vaporize.
DJmm tip of the transmitter to Farmboy..but when I googled Sting, I got something not as old as him…Fits though!
seem to say to me that there is a battle going on – where forces want to take the sm lower and forces want to take the pm’s higher but so far both are draws with their opposing sides
er I meant, Dumbarse in Chief thought of me? I thought about it some and decided it was none of my business what he thought of me. Nor more than what a mule, or chicken, or a skunk thought of me. So I figured I should show my respect and grabbing a sheet of double quilted tissue I sat up at attention, raised my right hand in salute, touched the top of my right cheek, and then flushed. A man cant sit around all day wondering about such things.
Yeah, I know I aint right. But I aint that wrong often either. (grin)
Just for the record, I think you will end up in the green tomorrow by close. We are due for a little up Friday action. But I wouldn’t bet the farm on it, cause by Sunday nite ‘they’ will be back.
of the puzzle together. And knowing that I aint gonna be the one to do it. Not nearly smart enough. But my sniffer still works pretty good in spite of its overuse and abuse by all these Obama speeches. And things just don’t smell right to me. Glad I am not the only with with that opinion.
BTW, always enjoy reading your thoughts. Always gain a little bit more insight from them. Thanks for being a part of the Oasis.
Best, Farmboy (Who once was told I only had two brain cells and one of them had a knife and was chasing the other one around. I thought he was making a joke. Anymore, I’m not so sure. Not much of what I see these days makes much sense.)
Regarding Germany I reckon they were “told” if they continue down that path, then because we barely have any Gold left, the whole lot could come down…especially Deutsche bank, which is leveraged at 53 times German GDP.
By the way the people demanding the Gold back haven’t gone away, they are even more pissed off, but the media ain’t covering them… they still intend to get it back .
