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

great action I see. yassir great. keep IT truckin! wj

I think it must be a banned subject here as well. No waking the muppets!

looks like it goes Down until April 6  then a small  recovery and then down again until final low july 31

but NO mention at all in UK press over the weekend about the “mere” 40 % rise in PM mining stocks…..or about the metals…not a word !!!!!!

Is Deutsche Bank Signaling A New Banking Crisis?

Let’s now take a step back and explain why the problems at Deutsche Bank could have a huge negative impact on the world economy. Deutsche has a huge exposure to the derivatives market, and it’s impossible, and then we mean LITERALLY impossible for any government to bail out Deutsche Bank should things go terribly wrong. Keep in mind the exposure of Deutsche Bank to its derivatives portfolio is a stunning 55B EUR, which is almost 20 times (yes, twenty times) the GDP of Germany and roughly 5 times the GDP of the entire Eurozone! And to put things in perspective, the TOTAL government debt of the US government is less than 1/3rd of Deutsche Bank’s exposure.

Oops.

more http://www.zerohedge.com/news/2016-02-07/deutsche-bank-signaling-new-banking-crisis

Ipso – really glad to see silver acting like a monetary metal along with gold.

Maddog – makes sense, before this is over we can expect to see the banksters and the politicians  steal everything that’s not nailed down.

USD just rolled over.

A lot of energy companies are really getting crushed today. Cheasapeake, Williams and others.

Have to believe we are seeing some derivatives breaking around the world linked to oil, energy debt, and banks

Nice to see silver catch a bid as well. The silver bullet to kill the vampires sucking life out of our world! 🙂

A friend tells me none of the banks are makeing a bean tradeing, or elsewhere ….but they are still paying themselves fortunes, which is draining the banks capital fast, so much so they all have to re-capitalise.

The shareholders are getting totally screwed……but that won’t bother the thieves..

No doubt we Taxpayers will bailing the bastards out again soon….

Even Goldman Sachs is down almost 5%. Hmm the last time we saw bank carnage was 2008-9. Yikes.

Ten yr bond now yielding 1.75% – it appears something is breaking and I’m sure we’ll hear that “no one saw it coming”

It sure appears that every dip is being bought, even the small intraday dips.

Silver exploded through its’ 200 dma this am, hopefully confirming that this move is for real.

We’ll have to see how they close them. Could be that:

Know nothing much about US tax law…..but rather than take a tax hit, get yr mate to buy Sprott Gold ETF quote “PHYS” in his IRA….they keep all the Gold and Silver at the Royal Canadian Mint.

Secure

Without exception, the Trust’s physical gold bullion is fully allocated and stored at a secure third party storage location in Canada. The physical gold bullion is subject to periodic inspection and audits. Unlike other bullion funds, the Trust does not have an unallocated account that is used to facilitate transfers of gold between financial institutions that act as authorized participants.

http://sprottphysicalbullion.com/sprott-physical-gold-trust/

If Sprott turn out bad, then he’ll need a lot more bigger guns !!!!!

Unless he want’s it in his hands of course.

The Powers That Be Are Finally Toast. Boxed In. “I’ve Fallen And I Can’t Get It Up”.

🙂

Bought some SAND   and SSRI   on the OPEN today

until March  10-12 according to my  crystal BALL

up 95.45% so far today!

Looking good my friend. The only thing that would make this day better is if GG came in and trumped Tahoe’s bid for Lakeshore! 🙂

Timmins Gold Reports 2015 Q4 and Year End Operating Results

https://beta.finance.yahoo.com/news/timmins-gold-reports-2015-q4-002643612.html

Randgold Bucks Industry Trend to Deliver Record Production for 2015

https://beta.finance.yahoo.com/news/randgold-bucks-industry-trend-deliver-070000481.html

Roxgold provides development update for the Yaramoko Gold Project

https://beta.finance.yahoo.com/news/roxgold-provides-development-yaramoko-gold-110000878.html

Lake Shore Gold Announces Large Initial Resource at 144 Gap Deposit

https://beta.finance.yahoo.com/news/lake-shore-gold-announces-large-110000799.html

Kootenay Silver and Northair Silver Sign Definitive Agreement

https://beta.finance.yahoo.com/news/kootenay-silver-northair-silver-sign-130000100.html

OceanaGold Exercises Right to Increase Ownership Interest in Gold Standard to 19.9%

https://beta.finance.yahoo.com/news/oceanagold-exercises-increase-ownership-interest-140000136.html

Tahoe Resources and Lake Shore Gold Announce Business Combination

https://beta.finance.yahoo.com/news/tahoe-resources-lake-shore-gold-120000964.html

Trust you are still faring well these days. That Inn looks inviting, especially  on a windy day.

You can drop me a note at Farmboy332@gmail.com

Best to you and that lovely wife, Farmboy

BTW

Lost your e-mail when I changed puter.

N

All the best to you, this windy morning (at least in Sweden).

Had to salute the early afternoon at the local inn on the island, now back home.

Here is a picture of the place. Has a good fire place also.

Nemo

Have a friend whose eyes are not as dim as they once were. Old hard line Democrat who has seen the light and will not be voting any longer for the idiotic progressive liberal party. Counting that as a win. Also one who was anti-gun to the extreme and purchased their first firearm, a 9mm pistol although they nearly dropped the dang thing after firing the first round. Just had to laugh when they replied, ” I had no idea they made that much noise!” None the less the weapon is now in their possession and will be visiting the local Sheriff office to get a concealed carry permit. Counting that a major win as well. But have run into a problem in getting them to purchase some gold. They will have to pull the funds from their IRA, which at he age of 60 the way I understand it they can do without the usual early withdrawal penalties. But will first have to pay Uncle Sam about 30% off the top in taxes before they can go buy the golden relic. Any ideas how to get around that income tax hit? Seems only other choice would be to convert their funds into a Gold IRA. Any recommendations to which company to trust to hold their gold in an IRA?

Agree 100%. Well said.

Quite the turnaround from last night.

Ten yr. bonds now yielding 1.81%. All-time low around 1.6%. Something appears to be breaking around the globe.

And Commish,  I share those same exact feelings. Screw Em !!