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

“compiling” Tweaking-changing numbers?

I believe what the banks tell me. Donchu?

PS No real reason that we can’t get real time numbers … except that it would make a more level playing field.

“Will any mines be left”

Not many! But still I can’t see this current situation prevailing for years … I’ve been wrong before.

Algos. They sure won’t let gold stick it’s head up. Maybe an under the table deal with China? Our Pols seem to be buyable.

Cheers

without looking, it seems to me that this latest plunge began with Venezula’s announcement that they were selling gold (45 tonnes?) to Goldman Sachs.

just a coincidence?  or did it give them the physical they needed to crush any buyers?

If so, when will it be gone?

What turned me off regarding the COT reports was something that I read about this CME process some years ago. I wish now that I had saved it but, at the same time I never saw it disputed. The common assumption is that the Banksters send in their data and CME compiles and releases it to the public.  The reality is that after compiling the data the full report is then sent back to the Banksters for them to edit or change their original data as they see fit.  Only then is the report re-compiled and then finally released. Hence the delay in releasing the final report.

Sure hope that the current #s are not a “bull trap.” How much broker can I get?

What I find scary here, is that the Algo’s won’t let any kind of contra trend move occur…..no matter how o/s they get, they keep the price on the lo’s….scary stuff.

I guess we have to wait until China can’t get anymore AU from the West and then they may force a default etc…to drive the price ballistic, but will any mines be left ?????

Cheers

the Syrians are willing to work and pay TAXES  thats the only reason Gubberments want anybody  …They think Religeous nuts can be controlled …

Why would Germans want them ? They dont want blacks ,Greeks ,they dont pay taxes…!  Where I live we have a lot of Scots and Gubberment has a hell of a time getting taxes out of them ,and they make good neighbors ,good schools,and dont let Govey raise taxes …..they are the best !

I know what you’re saying about the cot numbers being rigged. They rig everything else so …

Having said that the #s did seem to foretell this current downturn. Maybe they only work on the downside? What is the upside anyway? I almost forget.

Sure hope that the current #s are not a “bull trap.” How much broker can I get?

Totally agree about the ETFs. The Demon from hell vis a vis the miners.

Cheers

Don’t want to appear too negative, but lots of people are getting excited about the CoT No’s….but I can;t help thinking that everything else is rigged, why the hell should the C o T No’s, which are supposed to be the guts of the mkt not be rigged as well. They’d almost be stupid not to and unfortunately they ain’t stupid at all.

Plus I see no difference at all in the way the Algo’s are set….so this CoT set up could be a very nasty bull trap, designed to take us all out yet again…..As I type this we have just been smacked back again and GDX is on a new daily Lo. Also they bid $/Yen all day, knowing Algo’s chase the SM etc on the back of such moves.

Those ETF’s are the mining industries ruin, as they can be shorted to eternity, without borrowing a single share and that is just what the Scum are doing.

Cheers in despair.

…And Its Gone! 24% Of The Eligible Gold Removed From JP Morgan’s Comex Vault

http://www.silverdoctors.com/and-its-gone-24-of-the-eligible-gold-removed-from-jp-morgans-comex-vault/#more-60573

Gold & Silver: COT Report Nirvana – Stewart Thomson

Submitted by Stewart Thomson, Graceland Updates:
1.I’ve talked at length about the relationship between US money supply velocity and interest rates, and done so in a positive way.
2.A modest rise in nominal interest rates encourages banks to make loans, and it makes those loans profitable. Most of the QE money has either just sat in bank coffers, or it has been inefficiently invested in US government bonds.
3.I’ve strongly suggested that modest nominal rates can reduce real rates, by creating inflation. That’s negative for the US dollar, and positive for gold.
4.On that note, please click here now. That’s the COT report for the US dollar, released yesterday by the CFTC.
5.Clearly, the deep pocketed commercial traders (banks with “thundercash”) are building a massive short position in the dollar, probably in preparation for an inflationary rate hike from Janet Yellen, on December 16th.
6.Please click here now. The COT report for gold is in sync with the report for the dollar. The market-leading banks are buying gold aggressively into the current price weakness, and eagerly booking profits on a lot of short positions.
7.I suggested shorting some gold in the $1170 area, and with the price about $100 lower now, it’s important for all gold price enthusiasts to be buyers. Short position profits also need to be booked.
8.It’s a waste of time for amateur investors to read bearish analysis now, while giant banks buy gold with both aggression and size.
9.The bottom line is that Western gold community investors can feel very comfortable, here and now, with their accumulation of the world’s ultimate asset!
10.In my professional opinion, Janet Yellen is an “inflationist”. Rather than using aggressive rate hikes to halt inflation, she plans to use very modest rate hikes to increase it.
11.Please click here now. The COT report for silver is also looking very good, and in an environment where inflation begins to rise, money managers will embrace this mighty metal with open arms.
12.On the big picture front, China continues to make spectacular progress towards internationalizing the yuan, and making it a key world reserve currency.
13.Please click here now. It’s important to compartmentalize gold’s price drivers. Many analysts appear to have tried to fit a “love trade circle” into a “fear trade square”.
14.That can’t work. China’s central bank has a stated goal of internationalizing the yuan, and gold plays a stated role in making that happen. The internationalization of the yuan is clearly good news for gold.
15.Unfortunately for fear trade enthusiasts, yuan internationalization won’t produce a “gold price parabola”. It will produce modest and sustained upwards price pressure, for many years to come.
16.Please click here now. That’s the daily gold chart. Note the beautiful position of my 14,7,7 Stochastics series oscillator, as gold glides into key support. I’m an eager buyer, alongside the banks!
17.The internationalization of the yuan, and its relatively quick ascent to global reserve currency status, should also turn gold stocks into the world’s most respected equity asset class, and certainly into one of them.
18.Please click here now. That’s a monthly chart of the Dow. Consistent accumulation of strong assets, on price weakness, creates wealth that is retained during good and bad times.
19.While I run a highly successful gold-oriented swing trade service at www.guswinger.com, investors should only have a portion of their investable assets devoted to such endeavours. Trading is one part of a complete investment strategy portfolio.
20.Also, not every market decline is the same. Some are short and violent. Others are Chinese water torture. Some are very modest. It’s difficult to know what form a decline will take when it begins, but professional investors know the decline must be bought.
21.Amateur investors focus on their drawdowns during the accumulation phase, and professionals focus on the task at hand. For amateur investors that want to take themselves to the professional level, they need to reach deep into themselves, and find a higher level of intestinal fortitude.
22.I’ll ask all investors in the Western gold stocks community to think hard about that, and to take another hard look at the 10,000 area on my Dow chart. Amateur attempts to avoid drawdowns and pick “final lows” isn’t a proper way to build wealth. It’s financial poppycock. Intestinal fortitude in 2008 at Dow 10,000, and in gold stocks now, is what builds wealth that is here to stay.
23.On that key note, please click here now. That’s the daily GDX chart. I affectionately refer to my 14,7,7 Stochastics series oscillator as “Tony the Tiger”. Tony looks spectacular right now, and is ready to roar a very loud “Buy!” signal, for all gold stock enthusiasts.
24.Using Fibonacci retracement lines from the January highs near $23, to the September lows near $13, I’ve set an $18 target, which is the 50% retracement line. Gold stock champions (current and prospective) in the Western gold community should be eager buyers now, ready for mega-bank buying signaled by the COT reports to launch gold and gold stocks nicely higher. In the longer term, the role of gold in yuan internationalization will be one of the key price drivers, of a gold stocks bull era!

http://www.silverdoctors.com/gold-silver-cot-report-nirvana-stewart-thomson/#more-60551

Monster offers in GDX makeing sure we sit on lows/near lows all day…plus waves of selling hitting AU/Ag every few mins.

While NYSE and CFTC dribble over their porn sites.

Narrowing rift, US and Russia entertain cooperation in Syria

By VLADIMIR ISACHENKOV and JOSH LEDERMAN

MOSCOW (AP) — In a striking shift, President Barack Obama and Russian President Vladimir Putin are embarking on a tentative path toward closer ties and possible military cooperation, as the bitter rift over Ukraine gives way to common cause against the Islamic State group.

After weeks of accusing Moscow of trying to prop up Syrian President Bashar Assad by bombing U.S.-backed rebels, Obama changed his tune on Wednesday, praising Putin as a “constructive partner” in a nascent diplomatic effort to resolve Syria’s civil war. Putin, too, has issued conciliatory signals, softening his tone about the U.S. and calling for the U.S. and Russia to “stand together” against the extremist threat.

Speaking on the sidelines of a summit in the Philippines, Obama even raised the prospect of military coordination with Russia — a possibility that has seemed remote ever since the U.S. cut off military ties last year over Moscow’s actions in Ukraine.

“If we get a better understanding with Russia about the process for bringing an end to the Syrian civil war,” he said, “that obviously opens up more opportunities for coordination with respect to ISIL.” He was using an alternative acronym for the extremist group.

more http://apnews.myway.com/article/20151118/eu–united_states-russia-14711ca62d.html

LOL … as long as he’s not in the same room!

SHUT UP! SHUT UP! SHUT UP! oops call the police.

He can have the room next to mine.

3-1 Gartman ends up in a mental hospital!

I’m looking for $42.

Thanks for posting. I guess the paper guys can take gold wherever they want. I’m still seeing roughly 5% premiums for phyzz. If they get gold back to $500 will the premiums be 100%? 🙂

I suppose supply will dry up because all the mines will be shut down.

Amazing that any of these miners honor the paper price.

Gartman Flip-Flops Three Times In Three Days, Now See “Parabolic” Move Higher In Stocks

Submitted by Tyler Durden on 11/18/2015 – 08:52

“… any time and every time we find ourselves philosophically dubious of what is going on and have attempted to take a bearish view our hands are slapped; our margins are depleted and our psyche struck down… We’ve no choice then but to see in the “reversals” that took place on Monday the propensity still for the markets to head higher. Indeed, they may go parabolically so as the shorts run for cover and as those left behind rush to be included.”

I guess a good bet would be that the SM craters as the day goes on if his track record holds true.

Looks like gold $1000 , $500 and then $275 ??

Brits will be able to buy back at the price they sold it for, but only if there is any money left in the kitty 🙂

Vote Vote!

yeah, the assault on silver continues and is nothing less than stunning

Fed Minutes today, you know how that goes…

LKA Gold Reports Third Quarter Activities & Year-to-Date Gold Shipments

http://finance.yahoo.com/news/lka-gold-reports-third-quarter-205300664.html

Last few days Scum Algo have wacked PM.s @ 7.45 am NY time and into Crimex open, tdy was no different….this is so in yrface.

Well said. Blowback is a bitch.

BTW, how does it make any sense at all for Obozo and Trudeau to take in ANY refugees, let alone Syrian?

Nothing makes sense anymore.