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

Every dollar is being defended by the scum Algo, every new minute is sold by the same Algo and now we are up 1 %…so lets see what happens.

Re Ebola this is a much bigger outbreak and far longer lasting. I for one have zero faith in our authorities to combat it. In the UK we are in the process of taking in loads of overseas students for the new term, many of them will sleep in large dormitories, the authorities are worried that if they seperate the African students, it might be seen to be racist !!!!!!!!!

but at least they are not following the SM into the Pits Of Zool.

One of the features of the PM stox decline has been short selling, especially by spreaders who go long   gold and short the shares.

The SEC hasn’t given a damn about enforcing the shorts to borrow the shares they short, consequently an unlimited amount of shares can be shorted and never settled, which is one of the major reasons that the shares have performed so badly. Which has encouraged the outright shorting Algo’s, to stay short and pile on ever more shorts.

Well maybe now as those same Algo’s start shorting hell out of the general mkt , the SEC may be forced to police the mkt properly, which will force an awfull lot of PM stock shorts to cover when they can’t borrow the stock.

Yet the HUI is up just= 197.01 2.34(1.20%)–we know that if stocks rally a bit gold and PM stocks will give up the ghost–gold needs to be up $50 at a minimum right now….

them they are ready to go into production–also, ebola distracts the people from the lousy economy–which is also why Isis was allowed to spread into Iraq–

😉

added the link.

Istanbul University student Aysegul Korkut is outraged by the images coming out of Syria. But these days the Islamic State group’s horrors seem closer to home: She recently faced off against masked supporters of the brutal militants on her own campus.

“I couldn’t understand what was happening at first,” the 21-year-old said of the moment she first spotted baton-wielding youths striding across the Department of Literature, shouting: “Allahu Akbar!” Within minutes, she and other leftist students had been sucked into a fight, with both sides hurling glass bottles at each other and trashing a science fair set up in the main hall.

“I was shocked,” she said.

The Sept. 26 clash, described to The Associated Press by Korkut and a half a dozen other university students, was the first in a series of fights at Istanbul University’s Beyazit campus. There has been repeated violence since, and Turkish media have reported scores of arrests. On Monday alone 42 students were detained when police broke up a fight in a courtyard adjoining the department, the state-run Anadolou Agency reported. Several sticks — and a meat cleaver — were recovered from the scene.

Read more: http://www.businessinsider.com/turkeys-capital-is-rattled-by-growing-signs-of-isis-support-2014-10#ixzz3GEJm3Dsx

You have the ‘Seasonals’ going for  you. Good luck !!

AP:WASHINGTON) WASHINGTON (AP) — The government says the deficit for the just completed 2014 budget year was $483 billion, the lowest of President Barack Obama’s six years in office.

Treasury Secretary Jacob Lew says it’s an indication the economy is far healthier than when Obama became president in January 2009.

The deficit is at its lowest since 2008. When the deficit is measured against the size of the economy, it’s below the average deficits of the past 40 years.

The deficit equaled 2.8 percent of gross domestic product. The GDP is the economy’s total output of goods and services.

Obama inherited an economy in recession. The deficit topped $1 trillion for each of his first four years in office.

Slow growth in government spending and increased tax revenues help explain the rosier deficit outlook.

http://news.ino.com/headlines/?newsid=309453768

TORONTO (miningweekly.com) – A global copper industry think tank on Tuesday said the copper market, which had been in a supply deficit for the past five years, would swing to a surplus.

The International Copper Study Group (ICSG) met in Lisbon, Portugal, on Monday and Tuesday, after which it published its copper market forecast for 2014/15.

The group said global refined copper output was expected to top demand for refined copper by about 390 000 t, as demand was expected to lag behind production growth.

more http://www.miningweekly.com/article/global-copper-market-to-swing-to-surplus-in-2015-for-first-time-in-5yrs-2014-10-15

http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=256568&sn=Detail

Not sure they will skate the next time, they have made an awful lot of enemies, not only at home but abroad.

Wonder where they will hid out?

It will be all their fault, but dumbarse Amerikan politicians will hand truckfulls of money to the bankers again. Just get us out of this mess will be the politicos mantra. More robberies just around the corner here I’m sure.

Hard rock gold miner in the late 1940’s  in Alaska…

or more desperate. No-one with a functioning brain can now ignore just how much the mkts are trying to be controlled, as every single mkt miraculously reversed on no news. GATA’s story just got an awful lot easier to tell.

A huge amount of that selling on the open will have been from Institutions, which says people are getting out, they will sell the close as well in greater vol and the PPT will have to buy it all. For a while then they lost control, at some point soon they will lose all control and when the crash happens it will be all their fault.

I am hoping for a continuation of the bounce here off the extreme lows.  The US $ may help a bit with a drop.  I am not expecting any huge move up in grains but just enough.

aurum

It’ll be a great boon to the online sellers. Less contact with other people will be most desirable.

http://quotes.ino.com/chart/index.html?s=NYBOT_DX&t=&a=&w=&v=s

LONDON (Reuters) – Global stocks, bond yields and commodity prices slumped on Wednesday as investor fears over the state of the global economy intensified after U.S. producer prices fell for the first time in more than a year.

U.S. equity futures (SPc1) were down 1.2 percent – with big blocks of shares being sold – and the pan-European FTSEurofirst 300 index (.FTEU3) fell 1.9 percent after the release of the data, which fueled worries of disinflation in the U.S.

Greece’s benchmark equity index (.ATG) fell as much as 10 percent, though by 1307 GMT (0907 EDT) it had pared its losses to a drop of around 7 percent.

“There’s been a big acceleration of the sell-off in stocks, with a spike in risk aversion spreading across the board to bonds and the currency market, and even a return of stress around Greek assets,” Alexandre Baradez, chief market analyst at IG France.

more http://finance.yahoo.com/news/asia-edgy-lingering-growth-worries-010221723.html

Plus we will hear all the “barf” about the FED will do another QE and stocks will be higher and all the other bullish crap….

http://finviz.com/futures_charts.ashx?t=BONDS&p=w1