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

Armstrong replay of earlier CKNW Michael Campbell show

Posted by overton @ 22:31 on September 26, 2015  

sept 26 ……………9 AM about 6 mins after the news




Posted by goldielocks @ 20:55 on September 26, 2015  

When in Rome. Don’t have to sell the Lemonaide just take donations.

Jim Grant Explains How To Hedge Against The Coming Money Paradrop

Posted by ipso facto @ 18:35 on September 26, 2015  

James Grant, Wall Street expert and editor of the investment journal Grant’s Interest Rate Observer, warns of ever more extreme central bank policies and bets on the comeback of gold.

The global financial markets are under severe stress. The postponed interest rate hike in the United States, the fast cooldown of the Chinese economy and the crash in the commodity complex are causing a great amount of unease among investors. Fear is growing that the world slips into recession. “Central bank policy is intended to paper over the cracks in the systems. Seven years after the outbreak of the financial crisis we’re paying for this with a lack of growth”, says James Grant. The sharp thinking editor of the iconic Wall Street newsletter Grant’s Interest Rate Observer draws worrisome parallels between the command based central planning of the Chinese economy and the economic policies in the West. He also doubts that Fed Chair Janet Yellen is the right fit for the top job at the world’s most powerful central bank. Looking for protection he points to gold and shares of gold miners.

more http://www.zerohedge.com/news/2015-09-26/jim-grant-explains-how-hedge-against-coming-money-paradrop

Government Shutdown?

Posted by commish @ 18:21 on September 26, 2015  


Aristotle on Money

Posted by packy @ 17:52 on September 26, 2015  

Aristotle, in the 4th century B.C., recognized that a good money has five characteristics: it’s

durable (which is why wheat isn’t good money),

divisible (why diamonds aren’t good money),

convenient (so much for lead),

consistent (why real estate doesn’t work), and is

useful in itself (which is why paper doesn’t make the cut).
Gold succeeds on all counts
plus there is

Fungibility is the property of a good or a commodity whose individual units are capable of mutual substitution. Examples of highly fungible commodities are crude oil, wheat, orange juice, precious metals, and currencies.

Fungibility has nothing to do with the ability to exchange one commodity for another different commodity. It refers only to the ease of exchanging one unit of a commodity with another unit of the same commodity.


Liquidity. A good is liquid and tradable if it can be easily exchanged for other money or another different good. A good is fungible if one unit of the good is substantially equivalent to another unit of the same good of the same quality at the same time and place.


The Japanese Can Afford To Import, Buy And Drive V-8 USA Made Vans

Posted by Mr.Copper @ 14:38 on September 26, 2015  

We won the war, but we have our highways crowded with imported unsafe Japanese gas saver tuna cans, and the Japanese are driving in big comfortable safe full size Vans. How did that happen?? Phony currency exchange rates, beneficial to foreign nations.

You people that avoid Franken food, and look for organic food, should avoid imports also. They are made to “taste good” but bad for Americas pocket book. Note Donald Trump.

Izu City Japan.

drb2@13:15 RE: Armstrong

Posted by Samb @ 14:20 on September 26, 2015  

Personally, I love to read his blog. So very much politically to like and a fascinating look at history. Does MA have an anti Gold bias? Does he have an Agenda?  We all know that Gold bubble peaked in Jan 1980 and then went into a 20 year tailspin. Armstrong knows this also. Yet in trying to convince people that Gold is a poor investment versus the DOW he uses this date as the starting point for comparison. So on a 30 or 35 year chart the first twenty years for gold is way down from $850 to $250.  He stacked the deck and rigged the chart to suit his agenda. He could have easily used 1970 or 2000 as his starting point… or at least given us a disclaimer on the chart starting date. He did not do that and an honest person would not approach a gold/dow discussion in this fashion.

drb2 @ 12:29 Quotes

Posted by Mr.Copper @ 14:04 on September 26, 2015  

re part:
The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.”
– Alan Greenspan, “Gold and Economic Freedom” in Ayn Rand, ed., Capitalism:

The welfare state requires that there be no way for the owners of wealth to protect themselves with Gold, but by buying real estate instead is mandatory. But you can’t hide it or move it around. And you pay property taxes each year to welfare state.

#1 Millions of people with tit jobs working directly at various gov’t jobs and agencies.
#2 Millions of people working for gov’t contractors and vendors.
#3 Millions of people working at occupations created by gov’t rules, like accounting and booking for example to prepare for income taxes.
#4 Millions of occupations supported by low interest rates, like real estate and new car sales.
#5 Millions of people in foreign nations, because of rigged currency exchange rates, building and selling cars to Americans.

I can go on and on but why bother? The welfare state in NOT the guy on food stamps and section eight housing. Corporate welfare is the big one.


Posted by goldielocks @ 13:57 on September 26, 2015  

I agree to a point but argues that things can be manipulated short term but not the long term trend. As far as gold is not money depends where you live as some countries like India and others understand gold better than people around us.

I agree it’s a commodity but as good as money because is used everywhere. They don’t like it because they can’t control it. If “money” we’re to collapse the only value you would have is gold. Yeah you could have other things but your not gonna trade a sports car for a bag of groceries.

Yes could be mad max but that usually aside from a atomic bomb or pole shift doesnt happen over night and not likely as he said himself  money will just move from one thing to the next. Right now money moving from one currency to the next. I don’t think the differences will ever be settled but do agree confidence has something to do with it although don’t totally agree that it’s not inflation as gold never went back to 35 dollars a ounce did it.

drb2 Thanks for the gold quotes. Of them all I like this one best

Posted by silverngold @ 13:20 on September 26, 2015  
  • “The desire of gold is not for gold. It is for the means of freedom.”
    – Ralph Waldo Emerson

Hi Goldi – RE: Armstrong

Posted by drb2 @ 13:15 on September 26, 2015  

Hi Goldi,


Armstrong is an enigma to me.  I think he is a smart guy, I read him, but I do not trust him.

He appears very disingenuous towards gold.  He rages against any pro-gold commentator as a shameless huckster, all the while he promotes his Socrates.

He conveniently leaves out gold supporting facts.

He especially goes off on anyone who even hints that gold might be subject to manipulation.


The last reason is why I would like to hear his comments regarding the Volker; Greenspan; Eddie George etc quotes on manipulation.

I tried to pose the question to him on his website a ways back, but never managed to get it on.


Posted by goldielocks @ 12:57 on September 26, 2015  

Here’s one of Armstrongs post about gold that may help. FWIW


some Money / Gold Quotes

Posted by drb2 @ 12:29 on September 26, 2015  
While trying to find the Norm Franz quote, I bumped into these others.  Some I hadn’t heard before.
I added [paper] to Franz’s quote – I hope he doesn’t mind.
I would like to hear Martin Armstrong’s reply to some of these


  • “For centuries, gold had a profound impact on history, as a symbol and a storehouse of wealth accepted universally around the world”
    “When people are worried about political instability, war or inflation, they often put their savings into gold.” — New York Federal Reserve Bank
  • “Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry. It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.” -– Alan Greenspan, ex-US Federal Reserve Chairman, August 23, 2011
  • “Gold is the money of kings; silver is the money of gentlemen; [paper] barter is the money of peasants; but debt is the money of slaves.”
    — Norm Franz
  • “There are five main purposes of central bank cooperation”…”the provision of international credits and joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful.”
    — William S. White, head of the monetary and economic department of the Bank for International Settlements in a speech to a BIS conference in Basel, Switzerland, in June 2005
  • “… Member Countries shall take necessary action and/or shall establish negotiations, individually or in groups, with the oil companies with a view to adopting ways and means to offset any adverse effects on the per barrel real income of Member Countries resulting from the international monetary developments as of 15th August 1971.”
    — OPEC, Sept. 1971, in a communiqué sent out after President Nixon severed the dollar’s link to gold
  • “That day the U.S. announced that the dollar would be devalued by 10 percent. By switching the yen to a floating exchange rate, the Japanese currency appreciated, and a sufficient realignment in exchange rates was realized. Joint intervention in gold sales to prevent a steep rise in the price of gold, however, was not undertaken. That was a mistake.”
    — Paul Volcker, “Nikkei Weekly” Nov. 15, 2004 (original incident on February 12, 1973)
    Additional comment from Paul Volcker in 2012 regarding the above quote:
    “The quotation you cite is about an event almost 40 years ago. It pertained to the possibility of speculation in the gold market leading to exchange rate instability at a critical point.
  • “It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with ‘free banking.’ The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.”
    — Paul Volcker, ex Federal Reserve Chairman (in the Foreword of “The Central Banks”)
  • “Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.”
    — Alan Greenspan, May 20, 1999
  • “I have one other issue I’d like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here. If we are dealing with psychology, then the thermometers one uses to measure it have an effect. I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market. There’s an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.”
    — Alan Greenspan, May 18, 1993 ( Page 42 )
  • “An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense – perhaps more clearly and subtly than many consistent defenders of laissez-faire – that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.”
    — Alan Greenspan, “Gold and Economic Freedom”, 1966
  • “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.”
    — Alan Greenspan, “Gold and Economic Freedom” in Ayn Rand, ed., Capitalism: The Unknown Ideal (New York: Penguin Group, 1967), 101-108
  • “I can’t remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like ‘gold is my enemy, I’m always watching what gold is doing’, we need to think why he made a statement like that. If you’re a central banker or one of the congressmen or senators, watch what gold is doing because this is a no-confidence vote in fiscal and dollar policy.”
    — Rick Santelli, CNBC
  • “When the international monetary system was linked to gold, the latter managed the interdependence of the currency system, established an anchor for fixed exchange rates and stabilized inflation. When the gold standard broke down, these valuable functions were no longer performed and the world moved into a regime of permanent inflation. What will be the character of the international monetary system in the next century and how will gold intersect with it? This subject may strike modern audiences as a strange topic, but back in the 1960s, when people were deliberating about the future of the international monetary system, gold figured importantly in the discussions. Even today, the importance of gold in the international monetary system is reflected in the fact that it is today the only commodity held as reserve by the monetary authorities, and it constitutes the largest component after dollars in the total reserves of the international monetary system.”
    — Robert A. Mundell, Nobel Laureate for Economics, 1999
  • “Governments lie; bankers lie; even auditors sometimes lie: gold tells the truth.”
    — Lord Rees Mogg, economist & former editor of The Times
  • “Although gold and silver are not by nature money, money is by nature gold and silver.”
    — Karl Marx, Das Kapital – Volume 1, Chapter 2
  • “Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services.”
    — Ben Bernanke, the current (2008) Chairman of the Board of Governors of the Federal Reserve Bank of the United States, in a speech he made on November 21, 2002 before the National Economists Club in Washington, D.C.
  • “It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold. Interest is the invention of Satan.”
    — Thomas Edison
  • “We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the gold price under control but we have now succeeded. The US Fed was very active in getting the gold price down. So was the U.K.”
    — Eddie George, Governor Bank of England, in a conversation with Nicholas J. Morrell, CEO of Lonmin, September 1999
  • “For in that universal call,
    Few bankers will to heaven be mounters;
    They’ll cry, “Ye shops, upon us fall!
    Conceal and cover us, ye counters!When other hands the scales shall hold,
    And they, in men’s and angels’ sight
    Produced with all their bills and gold,
    ‘Weigh’d in the balance and found light!'”
    — Jonathan Swift, The Run on the Bankers
  • “You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the Government. And, with due respect for these gentlemen, I advise you, as long as the Capitalist system lasts, to vote for gold.”
    — George Bernard Shaw
  • “To me the gold price takes the form of a very uncomplicated formula, and all you have to do is divide one by ‘n.’ And ‘n’, I’m glad you ask, ‘n’ is the world’s trust in the institution of paper money and in the capacity of people like Ben Bernanke to manage it. So the smaller ‘n’, the bigger the price. One divided by a receding number is the definition of a bull market.”
    — Jim Grant
  • “I warn you that politicians of both parties will oppose the restoration of gold, although they may outwardly seemingly favor it. Also those elements here and abroad who are getting rich from the continued American inflation will oppose a return to sound money.”
    — Howard Buffett, Warren Buffett’s father
  • “Before 1933 the people themselves had an effective way to demand economy. Before 1933, whenever the people became disturbed over Federal spending, they could redeem their paper currency in gold, and wait for common sense to return to Washington.”
    — Howard Buffett, father of Wall Street legend Warren Buffett
  • “When you recall that one of the first moves by Lenin, Mussolini, and Hitler was to outlaw individual ownership in gold, you begin to sense that there may be some connection between money, redeemable in gold, and the rare prize known as human liberty.”
    — Congressman Howard Buffett (Father of Warren Buffett) from a 1948 issue of the Commercial and Financial Chronicle
  • Adrian Douglas: More Fed minutes likely document some gold market manipulation
  • “Years of study have convinced me that there is a strong and criminal agenda to illegally suppress the price of gold.”
    — Late Ferdinand Lips (Managing Director of Rothschild Bank, Zurich), 2001
  • “…the provision of international credits and joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful.”
    — William R. White, the head of the Bank for International Settlements’ Economics Department, June 2005 in his speech, “Past and Future of Central Bank Cooperation”
  • “The intermediate objectives of central bank cooperation are more varied.
    First, better joint decisions, in the relatively rare circumstances where such coordinated action is called for.
    Second, a clear understanding of the policy issues as they affect central banks. Hopefully this would reflect common beliefs, but even a clear understanding of differences of views can sometimes be useful.
    Third, the development of robust and effective networks of contacts.
    Fourth, the efficient international dissemination of both ideas and information that can improve national policy making.
    And last, the provision of international credits and joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful.” (emphasis ours)
    — William White, “Past and Future of Central Bank Cooperation”, BIS 4th annual conference
  • “Gold will not always get you good soldiers, but good soldiers can get you gold.”
    — Niccolo Machiavelli
  • “We were not foolish enough to try to make a currency [backed by] gold of which we had none, but for every mark that was issued we required the equivalent of a mark’s worth of work done or goods produced … we laugh at the time our national financiers held the view that the value of a currency is regulated by the gold and securities lying in the vaults of a state bank.”
    — Adolf Hitler, quoted in “Hitler’s Monetary System”, citing C. C. Veith, Citadels of Chaos (Meador, 1949)
  • “The desire of gold is not for gold. It is for the means of freedom.”
    — Ralph Waldo Emerson
  • “Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: ‘Account Overdrawn.'”
    — Ayn Rand, “”
  • “My efforts to prevent closing of the gold window–working through Connally, Volcker, and Shultz–do not seem to have succeeded. The gold window may have to be closed tomorrow because we now have a government that is incapable, not only of constructive leadership, but of any action at all. What a tragedy for mankind!”
    — Arthur Burns, Federal Reserve Chairman, Aug. 12, 1971, The Secret Diary of Arthur Burns

FWIW but an interesting thought at that

Posted by silverngold @ 11:55 on September 26, 2015  

Two big reasons why Volkswagen got busted:

1. They produced the world’s most fuel efficient cars, and when the XL1 hit production, represented a huge threat to the climate change scam. Think about it – if all of a sudden fuel economy increased even 5x, (rather than the 10X the XL1 did) it would destroy the entire notion of us destroying the planet by driving.


Consider this: The biggest threat the climate hoaxers claim is CO2. Volkswagen cut that in half with the TDI, in part by breaking the emission system rules that would make it impossible to do if followed. Volkswagen proved the emission standards and systems are a scam that is feeding the climate change hoax. How would a powerful elite climate hoaxer respond to being exposed?


2. They were about to release an electric car, at full production levels, that would destroy the Tesla with a cheaper price, better range, and lower operating cost. Additionally, they evidently had a way to do a 15 minute full charge and an infrastructure plan to deliver it. That would cost what? $15 – 20 billion to do, approximately the amount of that fine? BINGO: Volkswagen was about to invest $22 billion Euros into electric car manufacturing in China! That’s way too close to the amount of that fine! DING DING DING!


Now all the news reports are saying how much the scandal benefited the electric car future, but if Volkswagen gets bashed into oblivion the moment they were about to bring it forward, what does that really say? MORE CO2 FOR EVERYONE, CARBON TAX PLEASE!


Posted by goldielocks @ 11:31 on September 26, 2015  

This stupid phone freezes up so trying to type in “again “I’ll make it shorter than last.
If the antibiotics helped then unless a coincidence it’s probably a inflammation of some sort. If it’s not a tooth could be periodontal or gum inflammation.
I don’t know if your surgery could have contributed to any bacteria but might ask your eye doctor if any possibility.
If it is a root canal you need it will start bothering you again but if he didn’t see anything maybe a surrounding infection of some kind. If the pain is not gone after you finished the antibiotics perhaps ask for more that is broad spectrum and stronger. Keep in mind to take probiotics with them.
If that doesn’t work and he can’t figure it out see a specialist. Only other thing maybe is nerve damage.
Take not that bacteria can travel and in case of teeth it can travel down and take up housekeeping around the sac of your heart so nip it in the bud now. Get more antibiotics as mentioned.
For pain heres a list as most pain meds don’t help much other than taking off the edge a little but with these is only temporary so you’ll have to take them where ever you go.
The cloves work fast but the garlic will help fight off infection.


Russia adds again

Posted by Buygold @ 10:59 on September 26, 2015  


Auandag @ 9:25

Posted by silverngold @ 10:28 on September 26, 2015  

If you’ll notice, my post was headed FWIW. For What It’s Worth. I’m not accusing anyone of anything. I am only bring to the light of day things that need aired. I am only passing along a video. As far as Wiki goes, just because they say something is not true does not mean it is not true. Most of the sites who claim to give the facts also have an agenda or are bought and paid to give a bias opinion. We have seen this with Snopes who have been caught giving questionable “truth”. I have no idea of what the truth is on the video I posted, and that is why I posted it FWIW. All the Best!!

Floridagold, Ipso, and eeos

Posted by silverngold @ 10:11 on September 26, 2015  

Yes I saw Ororeef’s post. I agree there was some repetition in his second post, but there were also many new quotes that people need reminded of. I’m glad it was his decision to remove it. As you know, under the old tent in the past I had  posts removed and in fact was kicked off the tent for awhile because of my insistence that Sandy Hook was a false flag event. Now of course that is common knowledge. I just wanted to be sure the same thing was not beginning to happen here so thanks to you both for clearing that up.

Ipso, as for getting off my high horse, I can’t even get on it with this bad hip. lol….but I am scheduled for hip replacement surgery on Oct 19th. I will have to travel to another community to get it done but if I wait to have it done locally it will be another year.

eeos, sticks and stones can break my bones etc. I’m sure with a little effort you could come up with something positive to say. All the best!!


Posted by Buygold @ 9:39 on September 26, 2015  

Probably need a root canal or need to yank that tooth. If the antibiotics didn’t work you could have a pretty serious infection. Buddy of mine got gangrene from a toothache.

So you could go to the dentist and pay the $1500 for the root canal or you could go to the hardware store and buy some pliers for a couple of bucks. toon2n

Actually, the fact that he gave you antibiotics first tells me he’s a damn good dentist, usually they try to sell you on a root canal right away. Good luck, but please don’t let that go too long.

silverngold @ 23:14-Looks like You posted false allegations!

Posted by Auandag @ 9:25 on September 26, 2015  



Posted by silverngold @ 9:14 on September 26, 2015  

Seems to me MMS activated and used as a mouth wash/rinse took away a toothache according to Jim Humble. Maya might remember better than I do but if you have any on hand it’s worth a try. Best of luck in getting rid of it.


Posted by Moggy @ 5:21 on September 26, 2015  

Rub the gums at the painful tooth with Clove Essential Oil or crush a whole clove, dampen your finger, dip it in the clove powder and apply to the area.




Posted by ipso facto @ 1:57 on September 26, 2015  

Your dentist sucks!

Sorry I’m no help with your dentistry pains.


Posted by ipso facto @ 1:54 on September 26, 2015  

Just a little tempest. 🙂

Maybe somebody can help with my Toothache

Posted by Ororeef @ 1:09 on September 26, 2015  

Havent had one for 25 years ,but 2 weeks after cataract surgery the nerve  in the upper molar rear tooth started throbbing ,dentist  did xray ,says nothing wrong filling looks ok,no cracks  …I will not do any root canals anymore.  I had three UN successful ones that never were finished  because my body calicified over the tooth faster that the Doc could hand drill it.  which usually took two sessions( Different Doc 20 years prior)…This Doc suggested maybe a infection so he gave me Amoxicillion .He said check back in ten days .let me know .

It calmed but never completely ,Idont think infection is an issue .I paid the Doc with credit card after the first xray and exam.When I went back after 10 days He asked how it was going ..I said its calmed down but not completely so I think Ill, wait some more before I conclude anything .He said OK theres NO charge for you coming back to tell me that ..I had taken my CCard out and offered it .He said NO and the Gal that took the first charge  acknowledged  it. so I said thanks and if it bothers more I come back and we can look at another alternative  .Everybody smiled and said bye !  Two week later I get a bill in the MAIL with a curious note that said “We RE-CONCIDERED”

and a bill for $40.00 was issued….. I thought WHAT ! THE  F–K  is that all about ?   What say you guys ? I sent the Bill back with a note reminding them of the Conversation ! ..No further bills arrived ,but the tooth got sensitive again ….

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