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

FYI, Video: 46 min, The Death of Money: Project Prophecy 2.0

Posted by Mr.Copper @ 21:41 on December 9, 2014  

Rickards argues that currency wars are not just an economic or monetary concern, but a national security concern. He maintains that the United States is facing serious threats to its national security, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds and that greater than any single threat is the very real danger of the collapse of the dollar itself.

Rickards explains that the Federal Reserve is involved in what he calls “the greatest gamble in the history of finance,” via a sustained effort to stimulate the economy by printing money on a trillion-dollar scale.


Sandy Hook Documentary being censored goes viral

Posted by joe12pack @ 20:59 on December 9, 2014  


scruffy – Obama

Posted by commish @ 18:11 on December 9, 2014  

963f7dce3a The President who does the exact opposite of what he stood for when he was a senator from Ill.

Bill Holter mentions my theme–about the diversification into tangibles-art-classic autos-real estate-G&S etc

Posted by Richard640 @ 17:48 on December 9, 2014  

The biggest problem as I see it could be a break in confidence, one which is caused by the perception of “something else is better”. If banks actually start to charge for holding balances, depositors will have to make some sort of decision. They can move to another institution which blesses them with either no interest or less negative interest. They can also buy Treasury securities or even stocks …or any other number of assets. This would initially levitate markets even more because of the flow …but what happens when some “leakage” starts? What happens when some depositors decide to buy “stuff”, any kind of stuff as a form of savings? What happens if included in this stuff are commodities and other monies such as gold and silver?

This then brings the actual currency into question. If you cannot earn interest on anything then the comparisons of apples to apples will begin. The question will arise, which is better, a $20 bill or 6 pounds of copper? Which would you prefer twelve $100 bills or one ounce of gold? Can a painting really be worth $100 million? What does this say about the value of $100 million? These questions are being asked every day, all day, all around the planet…but there will be a difference. The difference being, more money will be forced to make these decisions. “More money” because of the Fed’s January 1st edict!

I am not here to tell you that I understand all of the ramifications or fallout, I do not. What I do know is banking, the way it has been done even after morphing over the last 20 years is changing. With this change will come consequences, some seen…some not. The financial system has never been as leveraged as it is today, this is a fact. Another fact is, leverage “forces” the actions of participants in ways they would not prefer during crisis. Leverage will force some who would like to buy…to sell. Leverage will cause a solvent someone today into insolvency tomorrow morning. Not to pick on JP Morgan (though they more than deserve it), they hold some $70 trillion worth of derivatives, so does Deutschebank, does this qualify as “leverage”? When the next panic comes, we are now too leveraged systemically for the current system to survive, but I digress.

The grand scheme problem as I see it is the “push-pull” effect. The central banks need to push money out and into the system. This would aid the real economy and bolster “asset” prices. Their catch 22 is they cannot make the decision “which” assets are levitated in value because they do not control which direction the money they have pushed will go. Ideally, the money will stay within the box and continue playing with other paper assets. Once the bleed into real assets really gets going, it will be noticed and attract other attention …and into other real assets. They must create more money and more liquidity to keep the paper game going, it is exactly this debt and liquidity creation which will end up making the decision to flee …to safer assets. In the end, the definition of “safer” will be not only what counts but the exact cause of the crisis. The central banks are collectively trying as hard as they can to reflate, if they get their wish they will lose their currencies…pretty simple! Regards, Bill Holter, Miles Franklin Associate writer

Maddog-2 interventions today=A FED governor spoke saying that raising rates was still data dependent

Posted by Richard640 @ 17:19 on December 9, 2014  

That is their favorite ploy to save a sinking mkt–they have used that a lot lately

Then this, from Zero hedge=

But then – shortly after Europe closed… someone (cough BoJ cough) decided to catch USDJPY at 117.95 and lift it miraculously 170 pips to save risk assets from a serious day…


Andy Hoffman … emphasis mine …

Posted by ipso facto @ 17:15 on December 9, 2014  


This morning, these trends have expanded further. Commodity currencies are collapsing, global stocks and Treasury yields are plunging, and “chinks in the armor” exposing themselves for the world to see – such as GREECE, which we continue to view as a “black swan” event waiting to happen. This morning alone, we kid you not, the Greek stock market is down 11%; and worse yet, its benchmark 10-year government bond yield has surged from 7.3% to 8.0%. Next Wednesday, just three days after a potentially earth-shattering Japanese “snap election,” the same will occur in Greece. And lo and behold, the pesky “Syriza” party – intent on defaulting on Greece’s $400+ billion of debt – is leading in the polls. Gee, I wonder what will happen to the daisy chain of European banks’ PIIGS debt holdings if that occurs; much less, the even larger derivatives colossus underlying it – which we assure you, has only grown larger since nearly destroying the world in 2008 and again in 2011. Yes, DEFAULT will be one of the key financial themes of 2015 – in shale oil, sovereign nations, and otherwise; which is why, frankly, one must own at least some precious metals in their portfolio.



Posted by Buygold @ 16:13 on December 9, 2014  

Agree. They’re going to try to keep the ship from sinking at all cost. There are no markets.

Pretty unimpressive close for the miners. So I’m guessing RNO’s back test of $1220 comes tomorrow.


Posted by Maddog @ 16:06 on December 9, 2014  

Maybe Hall was targeted as a means to get the oil price down to get to Putin?

I like yr thinking.

Otherwise tdy has to have converted millions of watchers that the PPT is real and if so the gameing/manipulation of other mkts is real as well.

As no mkt ever comes back like the SM did, without a lot of “help”.

Rob Kirby

Posted by Auandag @ 16:03 on December 9, 2014  


Wow! I just checked-very light volume in the pm stocks-GDX-JNUG-that’s a great sign-it shows disbelief…

Posted by Richard640 @ 15:58 on December 9, 2014  


Posted by goldielocks @ 15:16 on December 9, 2014  

You’ve been a hoot lately.

When the dollar being forced up by other currencies I wonder what they are going to peg the dollar to like the Swiss did. Oh yeah we can print. At what point of threats of deflation will they have to act? What will they do and as far as deflation how low can they go on the limbo? Guess well see.

Gary Kozlowski was just on FOX biz news at the top of the 3 pm hour pounding the table on “buying the metals”

Posted by Richard640 @ 15:14 on December 9, 2014  

I don’t know this guy-but it’s the 1st positive gold comment I’ve seen on TV in the past 6 weeks-and, contrarily-that’s a great sign.

Sept 24–United Futures Trading Co. Senior Broker Gary Kozlowski on the outlook for stocks.

Nov. 2 (Bloomberg) — United Futures Trading Co.’s Gary Kozlowski talks about commodities and the price of gold. He speaks on Bloomberg Television’s “Money Moves.” (Source: Bloomberg)


Comex gold

Posted by redneckokie1 @ 15:10 on December 9, 2014  

If gold trades the traditional way, we will go back to test the former resistance now support at $1220. area. If the $1220. holds,I’m buying more phiz.

rno, who has an incredible grasp of the obvious.


Posted by Buygold @ 15:08 on December 9, 2014  

Maybe Hall was targeted as a means to get the oil price down to get to Putin?

Will be an interesting close today. GDX still looks capped at $20.


this explains an awfull lot

Posted by Maddog @ 14:55 on December 9, 2014  

Is This The Mystery Crude Oil Liquidator? The “God Of Crude Oil Trading” Taps Out


Maybe it was just a massive liquidation, not the PPT after Putin.

If true this has to be a bottom for Oil.

I think Metals have turned around

Posted by commish @ 14:54 on December 9, 2014  


Mr. Copper – RE: “NOT ALLOWING TAX PAYER WAGES (after 1975) TO KEEP UP WITH HIGHER PRICES was TPTB’s downfall of today”

Posted by drb2 @ 14:30 on December 9, 2014  


Consider this in the light of the US population numbers – would not wages have risen if we didn’t import 150 million new laborers to compete for wages?



US Population chart by year, historic, and current data.

Current US Population is 316.98 million. … Jul 1, 1950, 152.27 million. Jul 1, 1949, 149.19 million. Jul 1 …

Will be quite a stick save

Posted by Buygold @ 14:00 on December 9, 2014  

if the PPT can bring this SM all the way back. Good to see our pm’s not being affected.

“We never thought we would have a problem with deflation, because we can print all the money we want to.” Alan Greenspan

Posted by Mr.Copper @ 13:44 on December 9, 2014  

I heard him myself say that. He’s just as dumb as the Paul Volker before him, who in 1980 had rates to 21% to stop the “inflationary psychology” after they took the dollar off gold in 1971.

The higher prices had NOTHING to do with rates that were too low at 6%, that had to be raised to 21%? Like using a base ball bat to fix your head ache.

Just simple lazy minded people, not mechanically inclined enough at all to make proper decisions.

Entry level wages were very high until 1975. Kids were leaving high school, avoiding college, and going right into the workforce. Plenty of over time. Buying new muscle cars at $3500. If you had no kids they bought Corvettes and Cobras under $5000 new.

New houses $17,990. Nobody needed medical insurance. The medical bills were affordable.


Your Honor….I rest my case–gold is the currency of last resort

Posted by Richard640 @ 13:35 on December 9, 2014  

Shanghai 2,856.27 -163.99 (-5.43%)
Nikkei 225 17,813.38 -122.26 (-0.68%)
Hang Seng Index 23,485.83 -561.84 (-2.34%)
TSEC 9,128.90 -58.39 (-0.64%)
FTSE 100 6,529.47 -142.68 (-2.14%)
EURO STOXX 50 3,162.77 -85.22 (-2.62%)
CAC 40 4,263.94 -111.54 (-2.55%)
S&P TSX 14,120.11 -24.06 (-0.17%)
S&P/ASX 200 5,282.70 -90.00 (-1.68%)
BSE Sensex 27,797.01 -322.39 (-1.15%)
TA25 1,479.06 -12.95 (-0.87%)
SMI 9,051.39 -129.85 (-1.41%)
ATX 2,238.90 -47.40 (-2.07%)
IBOVESPA 50,098.78 -175.29 (-0.35%)
SET 1,559.56 -15.99 (-1.01%)
BIST100 83,527.29 -1,291.39 (-1.52%)
IBEX 10,461.60 -343.60 (-3.18%)
WIG 52,961.35 -518.14 (-0.97%)
TASI 8,625.31 -160.42 (-1.83%)
MERVAL 8,180.89 -628.33 (-7.13%)


Posted by goldielocks @ 13:32 on December 9, 2014  

Could be a sideways move on Dow by today tomorrow or pause. Then see which way it turns from there. Gold other things moving it and well ands haven’t happened yet.

Flash! This just in-1:25 pm–the stock mkt seems to be turning up and guess what??

Posted by Richard640 @ 13:28 on December 9, 2014  

Gold and PM stocks are turning up too–gold is not swooning! Let’s see if it lasts….

Charles Hugh Smith: Central Bankers Create Deflation “Tell God about your plans to generate inflation”

Posted by eeos @ 13:23 on December 9, 2014  

Financial and risk bubbles don’t pop in a vacuum–all the phantom collateral constructed with mal-invested free money for financiers will also implode.

If there’s one absolute truism we hear again and again, it’s that central banks are desperately trying to create inflation. Perversely, their easy-money policies actually generate the exact opposite: deflation.

 By nominal I mean unadjusted: $1 is simply $1. It is not seasonally adjusted or adjusted for inflation/deflation or anything else. rI will leave the debate as to what constitutes deflation to my economic betters. My definition of deflation is simple: deflation is any increase in the purchasing power of nominal wages.
When your paycheck loses purchasing power–that is, it buys fewer goods and services– that’s inflation. When your paycheck gains in purchasing power–it buys more goods and services, even though you didn’t get a raise–that’s deflation in my terminology.

I find that purchasing power cuts through a lot of economic jargon and data-clutter: how much does your paycheck buy today, compared to last month or last year?

Since the economy is dynamic, purchasing power is constantly increasing or decreasing on a variety of goods and services. This bedevils any attempt to discern systemic inflation/deflation. Read more

NEW UPDATE: Silver Eagle Sales Surpass 2013 Record At Nearly 43 Million

Posted by eeos @ 13:21 on December 9, 2014  

After the U.S. Mint updated its bullion figures on Monday, 2014 Silver Eagle sales reached a new annual record surpassing last years total by nearly 200,000.  Not only was 2014 a banner year for world’s most sought after official coin, the Silver-Gold Eagle ratio also hit a new record high.

The U.S. Mint sold nearly a half million Silver Eagles over the weekend, putting the total for December at 1,317,000.  This strong weekend demand pushed total sales for Silver Eagles to 42,864,000 over last years previous record of 42,765,000.  Furthermore, there are still a few more weeks remaining in the month. read more

Yeah–ANV….PM stocks are lagging the move of the past 2 days-but I MUST-carefully-act/trade on the

Posted by Richard640 @ 13:04 on December 9, 2014  

assumption that THEE bottom is in place or forming out of the inchoate**  mass of market data available …

It’s true that often “bottom pickers end up as  cotton pickers”….but it is also true that the majority-bears on gold–do not become believers until gold has made a 30-50% recovery of the previous bear mkt…they are left at the station  frozen in a hellish fog of  fear and indecision…

Hooks! They are the great danger after a change in trend-like the underperformance of PM stocks today…or the Big Bad Cartel that will suddenly appear and snatch away the hard won gains…I am but a poor mortal…neither a seer or a prophet…a mans gotta do what a mans gotta do–DYOD

SO IT IS WRITTEN, SO IT SHALL BE—-Hee-Haw!!!! Snicker!

Looks like stocks may turn up today-let’s see if gold can handle that-the Russell’s up 5 pts


Older Posts »
Go to Top

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