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

I was tent hoppin’ from Rosie’s tent to Yvette’s tent and ended up at the “big” tent.

Almost lost my wigwam over that escapade.

what if when the Shanghai exchange opens Sept. 26th, which is supposed to be a physical exchange, mining companies/refiners refused to sell physical any longer to Comex because of artificially low paper prices?

Just sayin’. If you were the CEO of a mining co. or refinery, who would you sell to?

tough times to be a goldbug but it is great to see a lot of posts from Oasis members!

The future’s so bright I need shades!

isn’t that what you would call an “Oxymoron” ???

“Dollar is on a 3 year bounce so far.” …..my guess, that is just the dead cat bounce…

GOLD: THE BOTTOM LINE

I wouldn’t want to be anywhere near a large one.

http://youtu.be/fv5Xs2aIpzg?t=5m32s

(linked to start at 5:32 – the shockwave is right at the end of the video)

http://www.incakolanews.blogspot.ca/2014/09/your-obituary-column-of-day.html

sooooo .. anybody buying?

I picked up another wee amount of SPPP today (100 shares)

-have my eye on SWC .. not in a hurry.

http://www.cincinnati.com/story/news/local/2014/09/08/as-virus-spreads-local-hospital-sets-patient-record/15312365/
I’m sure this had nothing to do with Obama’s dumping illegals all over the country

From 2005 to now Gold is up about 150%, while the Dollar is down 7%. Dollar is on a 3 year bounce so far.

Gold: http://classic.tradingcharts.com/chart/GD/M

Dollar: http://classic.tradingcharts.com/chart/US/M

National Debt today is $17,763,332,227, minus the $6 trillion, comes to…$11,763,332,227 for the Americans. In a sense, owing it to, and paying interest to, fellow Americans is far better than owing and paying to foreigners.

But on the OTHER hand, if the US tax PAYER is not being able to pay off the debt, and there was a default, then the more we owe to foreigners the better, no? Just being practical. 🙂

Just thought I would poke my head in and say hello.

The article that mentioned no more bears for the general market makes sense as does no more bulls for the gold sector.  King World and the perma promoters are still around as are a few letter writers but most technicians I read are gold and silver bears. The trend is your friend and it sure is not up.  The greens are being aerated so have to wait a couple of days for it to be playable.

Have a great day

Snip: “CNSNews.com) – For the first time in the nation’s history, foreign interests now own more than $6 trillion in U.S. government debt, according to the most recent Treasury Department report on major foreign holders of the debt, which includes the numbers through the end of June.

As of the end of June, foreign owners held $6,013,200,000,000 in U.S. Treasury securities, up from $5,976,500,000,000 as of the end of May.”

http://www.cnsnews.com/news/article/terence-p-jeffrey/foreign-ownership-us-government-debt-passes-6-trillion

re you
…”question their ability for any long term plans or helping each other even less.”

Comment: I agree, no long term plan. They have been “winging it” a long time now. And they will do ANYTHING needed, even if illegal, to keep the “game” going.

In fact that’s their main problem. They treat the economy like a game. But they never figured that every game in creation has to end. That’s what they are trying to avoid. The end of the game. Its getting harder and more complicated for them after three generations of leaders.

Re your
“They are more of a help themselves useless eater types that are consuming all the productivity of others.”

Comment:
Agreed again. The “eater types” are global corporations. An independent like minded group, that controls our representatives to do as they please, having it made in one place and selling in another place.

The other “eater types” are gov’t employees and gov’t vendors, across the board. Game will come to an end some day. Or gradually so far.

Everyone believes the U.S. stock market has reached a permanently high plateau. Everyone, that is, but the bears.

 

Last week’s Investors Intelligence survey showed bearish sentiment at its lowest since 1987 (13.3%). In fact, short-sellers have nearly disappeared along with the few remaining bears. In addition, the VIX is at historic lows (near 12), which reflects investor complacency.

 

Put another way, almost no one believes this market will go down.

http://www.zerohedge.com/news/2014-09-09/why-stock-market-will-never-go-down

 

As we said: pure trolling comedy. As to why worry… well “long-term” trader memories may be 6 years or less, but the last time everyone put their faith in the Fed, the market plunged some 60%.

Wait, “permanently high plateau“? When was the last time we heard that line. Oh wait, nevermind.

Not saying much is natural in the market. However their hand to mouth  their mouth” attitude makes me question  their ability for any long term plans or helping each other even less. They are more of a help themselves useless eater types that are consuming all the productivity of others.

These currency changes are no natural market forces or coincidences. Its how the financial global powers redistribute wealth from one country to another. Its simple and obvious. After WWII for example, over night they changed $1 for 1 Yen to $1 for 360 Yen. To help Japan rebuild with American consumer and taxpayer money.

part, [revised]:
“With weak job growth, rising poverty, and [China] continuing to devour nearly all [global] economic growth, it’s an idea that is [returning from the ’40s] gaining more credence. Arguments for a universal basic income (UBI) [minimum standard wage] — in which everyone without exception would receive an equal stipend”

comment:
But even that’s no good, because cost of living is so different in many areas of the country. A set “Dollars” is no good. The “standard” should be defined as the total cost, in the area, of a studio apartment, food, and a well used car.

They weren’t busted for the exact same reason non payers, or deadbeats on real estate loans were not busted. They all did what the gov’t and or bankers “led” or “encouraged” them to do. Simple and obvious.

Same with these illegal immigrants. And the people that hire them. Nobody busted. Same with IRS scandal. Same with Fast and Furious scandal. They were “led” by the shadow influences.

Good morning. That would be more evidence of globalization reversal problems. More independence movements, or rather divorces. Nobody wants to be married to someone with baggage.

Dollar moved up to resistance and next move up in air. It either breaks through or consolidates for a minute. This could be seen as a false move for gold if it moves inverse with dollar which currently is and then dollar possibly moves higher. Just have to watch the trend lines of both and stocks for the most part will follow. Maybe preaching to the choir but now Armstrong came out with cues of banks in Europe  starting negative interest rates where even the public sector will be moving into the stocks away from banks as well as bullish the dollar currently.

EXK – 2, 3, 5, then a whopping 6 shares or $30

NEM – 8, 10, 32

AAU – 33 shares or a whopping $50

No way are these retail orders. All HFT’s, all the time.

here’s a couple of trades you’ll really like:

Randgold – GOLD 21 shares, then 1 share

Royal Gold – RGLD 2 shares

Could sure some of Mad Mike’s snow  ! 🙂

oh we only lost a “little” information about people’s credit cards. Fail/ But they denied it for a whole week while we snickered about it on Twitter