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

@ Buygold; Macroman3; Goldilocks – thanks for your comments last night.

Posted by drb2 @ 12:02 on April 2, 2015  

@ Goldi – perhaps I could have worded it better. I don’t think it is the only thing, but the strength of Federal Reserve Note is certainly a huge part of confidence.

 

You are right – gold is a symptom, not the cause.   But gold gets attention.   Gold is a very visible alternative to the $FRN – the “Canary in the Coal Mine”.  

If  the $ price of gold were to be rapidly increasing every day, even the braindead would start to worry that something was rotten in the Land of the Free.   and that worry might lead them to look closer for causes and solutions.

 

************************************************************************

An epiphany? Posted by drb2 @ 22:28 on April 1, 2015

I was thinking about what Armstrong, and others, have said – “Gold won’t rise until confidence in US government falls”.

What if the reality is: “Confidence in the US government won’t fall, as long as the dollar price of gold does not rise”.

Drb2 Posted by goldielocks @ 0:17 on April 2, 2015

Why do you think gold is the only thing that will cause people to lose confidence in the Gov? After all their doing such a good job right? Gold rising is only a symptom of it not the cause.

Scruffy…..

Posted by Maddog @ 11:50 on April 2, 2015  

http://zombietime.com/really_truly_hillary_gallery/

I’m Lovin’ It

Posted by silverngold @ 11:03 on April 2, 2015  

friceps

All Debka stories are rumors …

Posted by ipso facto @ 10:46 on April 2, 2015  

Pakistani defense chief due in Riyadh, airlifts troops for Saudi Yemen war. Aden landings imminent

http://debka.com/article/24498/Pakistani-defense-chief-due-in-Riyadh-airlifts-troops-for-Saudi-Yemen-war-Aden-landings-imminent

buygold 22:49

Posted by longtimer @ 10:23 on April 2, 2015  

Heartily agree. The neocons and banksters have hijacked our country.

Indian billionaire wants to buy Aussie gold mines

Posted by ipso facto @ 10:16 on April 2, 2015  

Indian jewellery billionaire, Rajesh Mehta, is said to looking for Australian gold assets as several miners are in the process of shedding non-core operations to survive the current squeeze on the industry.

According to Financial Review, the tycoon said his company is ready to spend up to US$700 million on growing its presence Down Under, with mines being the primary focus.

Bangalore-based Rajesh Exports, India’s biggest jewellery maker, is already setting up a subsidiary in Melbourne, which will drive the hunt for stakes in the local gold sector, Mehta said.

Earlier this year, the company announced it would create a new division for offering gold loans. If it goes ahead Rajesh Exports would become the first large jewellery firm to provide bullion-backed loans in India.

Indian billionaire wants to buy Aussie gold mines

Sandstorm Gold Provides Corporate Update

Posted by ipso facto @ 9:47 on April 2, 2015  

http://finance.yahoo.com/news/sandstorm-gold-provides-corporate-131400668.html

Oil patch troubles

Posted by ipso facto @ 9:34 on April 2, 2015  

The “Revolver Raid” Arrives: A Wave Of Shale Bankruptcies Has Just Been Unleashed

Back in early 2007, just as the first cracks of the bursting housing and credit bubble were becoming visible, one of the primary harbingers of impending doom was banks slowly but surely yanking availability (aka “dry powder”) under secured revolving credit facilities to companies across America. This also was the first snowflake in what would ultimately become the lack of liquidity avalanche that swept away Lehman and AIG and unleashed the biggest bailout of capitalism in history. Back then, analysts had a pet name for banks calling CFOs and telling them “so sorry, but your secured credit availability has been cut by 50%, 75% or worse” – revolver raids.

Well, the infamous revolver raids are back. And unlike 7 years ago when they initially focused on retail companies as a result of the collapse in consumption burdened by trillions in debt, it should come as no surprise this time the sector hit first and foremost is energy, whose “borrowing availability” just went poof as a result of the very much collapse in oil prices.

As Bloomberg reports, “lenders are preparing to cut the credit lines to a group of junk-rated shale oil companies by as much as 30 percent in the coming days, dealing another blow as they struggle with a slump in crude prices, according to people familiar with the matter.

Sabine Oil & Gas Corp. became one of the first companies to warn investors that it faces a cash shortage from a reduced credit line, saying Tuesday that it raises “substantial doubt” about the company’s ability to continue as a going concern

more http://www.zerohedge.com/news/2015-04-02/revolver-raid-arrives-wave-shale-bankruptcies-about-be-unleashed

Gold Train

Posted by Maya @ 9:32 on April 2, 2015  

folder_xing1

The Santa Fe Super Chief flies across the New Mexico desert,
bound for Los Angeles.
http://www.railpictures.net/viewphoto.php?id=524347

 

Nice to see that yesterday’s gain was held overnight.

Posted by ipso facto @ 9:12 on April 2, 2015  

knock on BG’s head. :mrgreen:

Gold 10 day

Good morning Oasis

Posted by ipso facto @ 9:04 on April 2, 2015  

Barrick Gold must face U.S. lawsuit over mothballed mine

http://finance.yahoo.com/news/barrick-gold-must-face-u-192046671.html

Tahoe Resources And Rio Alto Mining Announce Completion Of Merger

http://finance.yahoo.com/news/tahoe-resources-rio-alto-mining-213900146.html

Kinross Gold says Chile mine operations still down after flooding

http://finance.yahoo.com/news/kinross-gold-says-chile-mine-223057481.html

alex jones

Posted by eeos @ 7:39 on April 2, 2015  

Reminds me of a fat guy that does too much coke. He’s a crackpot, paranoid and delusional.  He’s just like an other commentator that wants to run his jaw and get paid for it. When’s the last time he reported anything of significance that was found out to be true? FAIL! Anything he reports is guaranteed BS. Stay in Texas Jones,  America doesn’t want you. Too fringe and nothing to back it besides hot air.

Coffee’s on

Posted by MadMike @ 5:00 on April 2, 2015  

big coffee 18

Last train to Clarksville…

Posted by Maya @ 1:19 on April 2, 2015  

…Tennessee.

(snicker!)  🙂

http://www.railpictures.net/viewphoto.php?id=518485

 

Incredible image of girl, 4, surrendering to photojournalist because she thought camera was a gunvf

Posted by goldielocks @ 0:43 on April 2, 2015  

Incredible image of girl, 4, surrendering to photojournalist because she thought camera was a gun

Drb2

Posted by goldielocks @ 0:17 on April 2, 2015  

Why do you think gold is the only thing that will cause people to lose confidence in the Gov? After all their doing such a good job right? Gold rising is only a symptom of it not the cause.

Damn, I’m not supposed to segue myself…no snickering allowed

Posted by macroman3 @ 23:05 on April 1, 2015  

https://youtu.be/VUUSdvwEC_Y?list=RDO3PLYHzZTtU

Yup drb2, the double edge sword. I have maintained that if the US wants to get out of the deflation funk, let the gold price float free.

Posted by macroman3 @ 22:55 on April 1, 2015  

And then before Weimar hits Uncle Buck, state the US has the most gold and therefore the reserve currency. Why let China have that mantle so easily? A weak gold price just gives China more power.

So simple, even a Monkey in the Whitehouse could understand. Sorry for insulting Monkees.

drb2, silverngold

Posted by Buygold @ 22:49 on April 1, 2015  

drb2 – I do believe confidence in the US Gov’t is failing, not only here but around the world. Jack Lew came out today and said that the Chinese Yuan shouldn’t be allowed into the basket of IMF SDR currencies because it wasn’t “strong enough or well enough supported”. I bet the rest of the world calls bullshit.

IMHO, our gov’t is viewed by the rest of the world and some of our own people as being nothing but a fraudulent, warmongering, lying thieving band of thugs and that’s exactly what we’ve become.

Silverngold – I like Alex Jones but he is a fearmongerer and never touches the real issue about what’s wrong with our country, just like so many others like him.

An epiphany? 

Posted by drb2 @ 22:28 on April 1, 2015  

I was thinking about what Armstrong, and others, have said – “Gold won’t rise until confidence in US government falls”.

 

What if the reality is:  “Confidence in the US government won’t fall, as long as the dollar price of gold does not rise”.

 

it might explain a lot.

I’m sure China doesn’t mind playing along while trading their dollars for metal at a discount.

FWIW

Posted by silverngold @ 18:13 on April 1, 2015  

Germany being sued for intention to phase out nuclear

Alex Jones doing his best to wake America up to what is happening

Posted by silverngold @ 16:24 on April 1, 2015  

Well worth the time to watch. Martial Law is happening and it appears nobody cares!! Wake Up People!!

https://www.youtube.com/watch?feature=player_embedded&v=2U-PNPOiLjo

Heres a Recipe from WW2 to kill Bacteria might also work for MRSA

Posted by Ororeef @ 16:00 on April 1, 2015  

we used it as an eye wash to kill eye infections ..”sty ”    one level teaspoon  Boric Acid in a 6 ounce cup of boiled water  ..let it cool …bath eye area or use a steril dropper

I prepared it when I was 6 years old and still use it …back then I dipped a cotton ball in it and swabbed it around the eye making sure some got in the eye.

You will notive Boric Acid is still used in commercial eye washes …it costs about a penny to make or $5.00 to buy ..

 

How many swimming pools in LA?

Posted by ipso facto @ 15:59 on April 1, 2015  

For First Time In History, California Governor Orders Mandatory Water Cuts Amid “Unprecedented, Dangerous Situation”

http://www.zerohedge.com/news/2015-04-01/first-time-history-california-governor-orders-mandatory-water-cuts-amid-unprecedente

MIT Researcher: Glyphosate Herbicide will Cause Half of All Children to Have Autism by 2025

Posted by silverngold @ 15:01 on April 1, 2015  

I have read that 30 years ago one child in 1500 had Autism. Today one in 40 has Autism. By 2020 one in 10 will have Autism….and according to this research one in two will have Autism by 2025…..IF WE DON’T STOP THESE CRIMINALS FROM POISONING OUR FOODS WITH THEIR GMO CRAP!! Wake up people!!!……Silverngold

toxic chemicals

Half of All Children Will Be Autistic by 2025, Warns Senior Research Scientist at MIT

– See more at: http://healthimpactnews.com/2014/mit-researcher-glyphosate-herbicide-will-cause-half-of-all-children-to-have-autism-by-2025/#sthash.dBnJRdoT.dpuf

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