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

http://www.businessinsider.com/proof-of-liberal-bias-in-hollywood-media-and-academia-2014-11

In my opinion? The global powers that control currency rates have been rotating pain and pleasure in various countries, various occupations, and or various sectors.

They probably put the USA “recovery” on hold starting in June 2014, to help the other countries that went down hill after 2008 when they put the global economy (emerging markets) on hold with a falling dollar to help the US economy, that was going down since 1975 to the blow off bottom in summer ’08.

For example, when they started raising the Dollar in 2014, after a while, consumers enjoy cheaper energy, importers get cheaper prices, but energy investors, farmers, energy employees, exporters etc get pain. The other countries get the opposite.

TPTB are trying to manage way too much to maintain the past, and at the same time there are new trends evolving for the future. Like slack tide, and its just a matter time when they will be totally screwed. There’s a new future coming against their will.

There is no way in hell I will ever believe the skyrocketing dollar after June 2014 was a natural market force. They are trying to spin too many tops, or juggle too many bowling pins, and eventually they will fail totally. And nature will take its course, like it already started. Growing nationalism. Push coming to shove.

The US economy has priority because it has been getting hosed since 1975. The global economy does NOT have priority because they were FINE until 2008 when the USA collapsed and too the others down, but with a “loaf” under each arm.

Its all pretty simple to figure out when you just observe what happens, what they say, what they do and be an independent thinker, and think outside the box.

One technical indicator suggests that the dollar has reached its most overbought level in 30 years.

The z-scores of the currencies that comprise the ICE U.S. Dollar Index — the Canadian dollar, yen, British pound, Swiss franc, euro and Australian dollar — have all risen above six simultaneously for the first time since 1985.

The index DXY, -0.03% is a widely watched measure of the dollar’s strength. (While there was no euro in 1985, the shared currency eventually replaced several European currencies as a constituent of the index).

For those who haven’t taken an advanced statistics class, the z-score allows statisticians to make an apples-to-apples comparison between different data sets.

more http://www.marketwatch.com/story/the-dollar-hasnt-been-this-overbought-for-30-years-2015-11-11

global freezing 1970-80 oops didn’t work..lets try

global warming 1980-2000 oops didn’t work..lets try

climate change 2000-2015 oops didn’t work so lets go back to

global freezing 2015-2030

wj

Vote Vote!

Klondex Generates Third Quarter 2015 Operating Cash Flow of US$13.3 Million; Increases Cash by US$5.8 Million and Eliminates Senior Notes in Full

http://finance.yahoo.com/news/klondex-generates-third-quarter-2015-221833278.html

AuRico Metals Reports 2015 Third Quarter Results

http://finance.yahoo.com/news/aurico-metals-reports-2015-third-223000942.html

Franco-Nevada Reports Q3 2015 Results and Declares Quarterly Dividend

http://finance.yahoo.com/news/franco-nevada-reports-q3-2015-223000957.html

Gran Colombia Gold Announces Third Quarter and First Nine Months 2015 Results; Reports Further EBITDA Improvement Driven by Production Increase and Reduction in AISC to $789 per Ounce

http://finance.yahoo.com/news/gran-colombia-gold-announces-third-235736774.html

Banro Announces Q3 2015 Financial Results; Q3 2015 EBITDA of $20.3 Million, YTD 2015 EBITDA of $54 Million and Twangiza Lowers Cash Cost to $501 per Ounce

http://finance.yahoo.com/news/banro-announces-q3-2015-financial-235914727.html

I’d guess that is an all time record for any mkt, that had no artificial limits……these are unprecedented times.

wj

Jefferson bitch slap Wilson with both sides of the steel dies wrapped in a wool sock of his 100,000 dollar gold bill after he says to Wilson

wj

This is a special day of remembrance to the true heroes . Those who wrote the blank check and had it cashed. To the combat veterans, keep that special attitude and never “get over it”. Bring the wrath to elected officials for veterans issues.

rno

GoldQuest Launches Feasibility Studies for Its Romero Gold/Copper Project: Met-Chem Selected as Lead Consultant

http://finance.yahoo.com/news/goldquest-launches-feasibility-studies-romero-113000055.html

Santacruz Silver Reports Third Quarter 2015 Financial Results

http://finance.yahoo.com/news/santacruz-silver-reports-third-quarter-155500226.html

Avnel Reports That the Kalana Main DFS Remains on Track for Completion in the First Quarter of 2016 and Files Third Quarter 2015 Financial Statements and MD&A

http://finance.yahoo.com/news/avnel-reports-kalana-main-dfs-210500525.html

Great quote. Too bad that those we trusted from Wilson on have sold us out. I’d love to see Andy Jackson punch Wilson’s lights out. Now that’s a cage fight I’d pay to see!

“Honor, justice, and humanity, forbid us tamely to surrender that freedom which we received from our gallant ancestors, and which our innocent posterity have a right to receive from us. We cannot endure the infamy and guilt of resigning succeeding generations to that wretchedness which inevitably awaits them if we basely entail hereditary bondage on them.” –Thomas Jefferson (1775)

wj

A nice guy ?    or a professional  ? that knows how to deal with them…Even a gentle loving Christian somestimes needs to hire an exterminater …

SM positive yep
Dollar unch but overall strong
Oik on it’s arse and PM’s weak.

Oil is dn over 2 % and as for silver it has been dn 10 days so far…that has to be a record in any mkt.

One other thought, especially for any Africans or Europeans……the policy of crushing commodity prices, is helping to cause the mass migration that is occurring from Africa, all so 20 yr old can drive Ferrari’s…!!!!!!

The debate went very quiet as that discussion took place    why was that ?

November 10, 2015

Most people who own or trade gold have a higher price in mind, a price determined by what they think the metal is worth in dollar terms. That’s normal. However, some make a leap from the fact that gold doesn’t trade at this price today, to belief in manipulation. Short sellers—who are sometimes supposed to be illegally profiting, and sometimes said to be not-for-profit—come in to the market and sell the metal down. Or so the theory claims.

This theory is not true, and I plan to show the data to prove it in a future article. For now, I want to discuss the fallacy at the core of it.

The error is dollar thinking.

What do I mean? Simply, most people assess the value of something based on its price in dollars. If nefarious parties could somehow suppress the price of gold, then they could undermine its value. That would be an evil act. How could one not feel something, at such a crime against the natural order? It’s personal too, an attack on your very wealth. You buy gold to protect yourself from a likely dollar collapse, and instead find you are losing your wealth. You’re forfeiting it to the very monetary planners from whom you thought gold would protect you from in the first place: the central banks.

Let me suggest that this is the wrong way to think about it. Gold does not go down (or up). Gold cannot be properly measured in dollars.

Let’s start with an example of measurement. Suppose you’re cutting some boards to build a house. You use a meter stick to tell you the length. For example, a board is 3 meters long. You would never wonder how many boards long a meter is. That’s because a board is not a good measure of length. The length of one board is not the same as the length of another. And, the length can change, for example by cutting it with a saw. The meter doesn’t change, but boards do. Therefore, boards are measured in meters.

The same applies to economic value. The value of the dollar varies from one day to the next and, of course, it falls over long periods of time.

So the question is not: how many dollars is an ounce of gold worth? The question is: how many ounces is a dollar worth? Far less than an ounce, it’s about 27 milligrams.

When you look at this way, things becomes clearer. It’s the dollar that goes down, not gold that goes up (the dollar can also go up, as it has since 2011, due to pressure on debtors).

One implication of this is that a rising gold price does not provide a profit to gold owners. Sure you have more dollars, but each dollar is worth proportionally less. For example, if the price of gold in dollars goes from $1,110 to $2,220, then that’s just the mirror image of the dollar going from 28 to 14 mg gold.

Conversely, if the price of gold falls, it’s just an increase in the dollar. So what? If the dollar goes up, it is not important (or permanent). Why worry if the price of something you don’t own goes up? I didn’t own bitcoin when it went up from a few dollars to $1,200. I didn’t worry about it, either.

Many gold owners do worry about a rising dollar, which they think of as a falling price. Why? They say the dollar will soon be worthless (it will be worthless one day, but not as soon as many say), so they buy gold. And then they get upset when the collapse doesn’t happen, and the dollar strengthens.

The dollar collapse is just their backstory. The real reason they buy gold is to sell it. They want more dollars, no matter what they say about hyperinflation. They want profits, which they think of in dollar terms. As I said above, you can’t profit from a rising gold price (unless you use leverage).

So cheer up. Most people do have a dollar income and assets. A dollar collapse will be a disaster, but a flat or falling price of gold supports the dollar, and hence, most people.

If you have a dollar denominated income or assets, then here is a simple step you can take. Measure it in gold. For example, suppose you have real estate and stocks totaling $1,100,000. Divide that by the current price of gold—about $1100—and you are worth 1,000 ounces. If it goes down next year, despite hard work and risk, then you have become poorer. You would actually have been better off simply holding gold—even if your net worth goes up in dollar terms.

There’s no reason to sweat a drop in the gold price or cheer a rise. source

He forgets to mention buying low and sell some while high, you don’t need leverage to do that. The reason I buy Gold is to keep it, not sell it dumba$$. It’s insurance, a bargaining chip. I find this author always talks circular conversations. States obvious facts, forgets to mention others. 

Amusing. If Donald Trump wins, and suspends some free trade deals, the USA will be in the same situation. They’ll call him a leftist socialist for going against the global PTB.

re this part:

“the EMU will be forced to watch as one of their prized bailout “success” stories turns the corner and decides “austerity” isn’t worth the trouble.”

Comment:
A similar situation was when TPTB handed out all those sub prime loans for houses, “success” story, and Joe Sixpack decided “austerity” isn’t worth the “trouble” of paying the loan off, after prices crashed.

Now countries are starting to do the same thing. They got “poor” because of globalization, needed help, took the money and don’t pay it back, because the losses were TPTBs fault in the first place. 🙂 🙂 🙂

“As societies grow decadent, the language grows decadent, too. Words are used to disguise, not to illuminate, action: you liberate a city by destroying it. Words are to confuse, so that at election time people will solemnly vote against their own interests…

Gore Vidal, The Decline and Fall of the American Empire, 1992

Vote Vote!

Since pork is not Kosher .