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Is the China devaluation(s) payback for not being included in the SDR?

Posted by Buygold @ 21:43 on August 11, 2015  

gotta wonder

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Whoops they did it (devalued) again – that’s what

Posted by Buygold @ 21:36 on August 11, 2015  


Night Train

Posted by Maya @ 21:32 on August 11, 2015  


“Climb Every Mountain…” This iron horse
conquers Cumbres Pass.



Posted by Buygold @ 21:24 on August 11, 2015  

I wonder if that hurt? 🙂

Kinda like pm’s for the last four years.

Now what?

24 hr gold chart

Old enough to tell the truth in the msm, good on you Art!

Posted by ipso facto @ 20:57 on August 11, 2015  

The Fed Is Out Of Options, “QE Is All It Can Do Here” Art Cashin Predicts

Tyler Durden’s pictureSubmitted by Tyler Durden on 08/11/2015 20:43 -0400

Weakness in commodities “is not transitory,” Art Cashin tells CNBC, if you look at things like copper, “this is really a deflationary push… where things can get a little out of control.” The Fed says they must get off zero interest rates because,, as Cashin notes, “they can’t do anything else.” However, as the venerable floorman who has seen it all explains, “they’re in a kind of silly loop where they did QE expecting a reaction… didn’t get it.. and then they did QE again because it didn’t live up to their expectations… but I think they have no other options, if things get negative on the economy, QE is all they can do.”

more http://www.zerohedge.com/news/2015-08-11/fed-out-options-qe-all-it-can-do-here-art-cashin-predicts

Trump makes his Case on China

Posted by Ororeef @ 20:08 on August 11, 2015  

devaluation ?     say what  ..We are bringing those jobs HOME   ..Then he says Carl Icahn will negotiate  with China for US  ..

If anybody knows how to make money and fix  broken management   its Carl Icahn  ..Thats what he’s been doing for years keeping Corporate Boards working for Stock Holders and not for themselves  ..Trumps got the right message  !     JOBS JOBS JOBS .   He’s in Charge ! and brings in Competent Management …Thats what success is all about MANAGEMENT….not Rehetoric .

Hmmm…wait, what?

Posted by Buygold @ 19:45 on August 11, 2015  


Listen to what Kerry has to say and the logic behind it.

Despite advances in prospecting methods, including modern remote sensing approaches, the

Posted by Equisetum @ 19:09 on August 11, 2015  

best guide to the location of deposits bearing precious metals is still the old reliable idea of looking for PMs in the regions where there has been PM production before. Still lots of revisiting previously known PM deposits.


SLW after hours projects that Silver busts hard tonight or tomorrow from the short term flaggie

Posted by eeos @ 19:08 on August 11, 2015  

Check that out, maybe a bit premature but something’s in the works for sure IMO

SLW boom

Always nice to see the HUI up with the SM down substantially. Esp being an SM bear

Posted by ipso facto @ 18:07 on August 11, 2015  

SLW Record Silver Equivalent Production and Sales Volume During the Second Quarter of 2015


Tahoe Resources Reports Strong Cash Flow In Q2


Lundin Gold Inc. Reports Second Quarter 2015 Results


Alexco Reports Second Quarter 2015 Financial Results


Batero Gold Corp. Commences Offer to Acquire CB Gold Inc.


god bless spot…may all go well…you look ready

Posted by puptent @ 15:59 on August 11, 2015  

Scum power

Posted by Maddog @ 14:05 on August 11, 2015  

Ystdy Oil put in an upside reversal…often a sign of a bottom…tdy the Scum have caused an Outside day to the downside so far…..seems that sub 40 Dlr then maybe 30 dlr oil will solve what ZIRP and QE have all failed to do.

and bankrupt Nigeria etc……we have madmen running the World.

From ZH—Theosebes Goodfellow—-I bet you that the next devaluation will be more on the order of 5 to 10%.

Posted by Richard640 @ 13:46 on August 11, 2015  

Theosebes Goodfellow

Whoa there, buckaroos! So everyone knows that China has been cooking the books as far a fair trading rate for the yuan. And now they cook it a little more (1.9%) and the world gets their knickers in a twist?

The Chinese, (like everyone else), is desperate to “re-ignite” they global economy which America has screwed by printing 12 Trillion dollars or so in the last 7 years. Now the Chinese know that a smidge under 2% “fire sale” isn’t going to reboot anything, (or at least we’d hope they know that a smidge under 2% fire sale isn’t going to reboot anything). I suspect that this is a trial ballon. I bet you that the next devaluation will be more on the order of 5 to 10%.

Then you can watch these other countries crap kittens.

Go long popcorn.

scattered showers and puppies

Posted by treefrog @ 13:30 on August 11, 2015  

puppies in the forecast:  spot is rooting around in a pile of old worn out tee shirts i put in a “whelping box” i built for her.  the web articles i have read tell of rooting around (digging a nest hole) as typical behavior in dogs.  it is often a precursor to labor and delivery.  if so, it’s right on time.  dog gestation averages 63 days.   june tenth was the date of mating.  63 days after that is tomorrow!

later on today?  tonight?  predawn tomorrow?  other?  waiting will tell us.


happiness is a box of puppies

Posted by treefrog @ 22:20 on August 12, 2015   -edit-

ms SPOT pucci, a SILVER dapple dachshund is proud to announce the arrival of five (so far) puppies.  three dapples, one chocolate, and one black and tan.



edit, better pic



the morning after:

Posted by treefrog @ 13:56 on August 13, 2015   -edit-

no late night surprises, the puppy count is still five

DSC00229 DSC00223 DSC00232 DSC00226 DSC00233 DSC00228

the squirmy family, black and tan female, chocolate male, light dapple female, dark dapple male, intermediate dapple female.

all are smooth coat shorthair.  the little ones spend most of their time at momma’s dairy bar, and the rest napping.  all seem healthy and happy, except momma spot who was not at all happy about the safety of this photo shoot.  morgan dollar (circ) for scale.


mamma doesn’t approve of photo shoots.

Posted by treefrog @ 22:30 on August 14, 2015   -edit-





Richard640 @ 10:23

Posted by ipso facto @ 11:21 on August 11, 2015  

That can is getting to be a real artifact!


Posted by Ororeef @ 10:47 on August 11, 2015  

NATO should kick Turkey out until the KURDS become part of the Government  ..What ever happened to “INCLUSIVE” Government demanded by the USA of IRAQ ?

Obamas & Kerrys   ” INclusive” policy  only seems to apply to Radicals  …


Posted by Ororeef @ 10:41 on August 11, 2015  


FED’s Downward Trend

Posted by commish @ 10:38 on August 11, 2015  


China Gold Vs China Currency post Devalue

Posted by Ororeef @ 10:31 on August 11, 2015  

China Gold Vs China Currency

From a ZH thread re: Yuan devaluation

Posted by Richard640 @ 10:23 on August 11, 2015  

Tue, 08/11/2015 – 08:56 BlueHen1990

Now Yellen has her completely “unexpected, one-off, transitory” event to give her and the Fed an excuse to kick the can down the road on hiking.

Stupid Turks

Posted by ipso facto @ 10:05 on August 11, 2015  

Turkish air strikes hit 17 Kurdish militant targets, military says


Give him a raise!

Posted by ipso facto @ 9:54 on August 11, 2015  

There’s Hope America: Anchor Walks Off Live TV, Refuses To Report On Kardashians

Is the distracted citizenry beginning to wake up? We can only hope so. Giving hope to Americans everywhere, after covering the usual local news, Orlando-area news anchor John Brown was transitioning into a segment about one of the Kardashian daughters recently naming her new pet rabbit “Bruce,” he stood up and walked off set exclaiming, “I am having a good Friday, so I refuse to talk about the Kardashians today, you are on your own, Amy. I can’t do it.” As the program’s co-host storms off set, he can be heard off-screen shouting, “I’ve had enough Kardashians. I can’t take any more Kardashian stories on this show.” A message many may start to heed…



Posted by Maddog @ 9:20 on August 11, 2015  

before you get any hopes up check what has just been done to Oil…they’ve taken it down from a break out price of 45.30…where it was looking to run and knocked it down to 43.50 and it’s still falling.

The hrly bar at the high shows how they reversed and obvious break out…just like they do in PM’s

Interesting that the dollar is still falling in the face of China’s devaluation

Posted by ipso facto @ 9:16 on August 11, 2015  


Good morning Oasis

Posted by ipso facto @ 9:05 on August 11, 2015  

Franco-Nevada Reports Q2 2015 Results and Declares Quarterly Dividend


Northern Dynasty to Raise Up to $20 Million in Financing Transactions


First Majestic Reports Second Quarter Financial Results and La Encantada Operational Update


Rye Patch Arbitrates Q1 2014 Royalty Payment with Coeur


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