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

Farmboy, ipso, Ororeef…

Posted by amals @ 22:31 on February 12, 2016  

Farmboy and ipso… thanks for the greetings.  I’m around most days, but only post occasionally.

Ororeef… the green sprouts I mentioned looked good, but I haven’t seen something like the list you posted for so long I can’t remember.  I do remember, though.  There were times when my portfolio looked like that on a good day.  I think I remember believing I must be pretty smart.  That was before a lot of them went red to the tune of 90-99% down.  But I’m stubborn.  If I believe I’m right, it’s hard to move me.  I’m still holding on.

Soul Train. Wait for it.

Posted by commish @ 21:02 on February 12, 2016  

Interesting. Today the Saudi’s said Assad must go to defeat ISIS

Posted by Buygold @ 20:15 on February 12, 2016  

Assad Plans To Retake “All Syria,” Will “Confront” Saudis, Turks If Invaded

http://www.zerohedge.com/news/2016-02-12/assad-plans-retake-all-syria-will-confront-saudis-turks-if-invaded

Maybe this is why oil was up 11%?

 

Ipso

Posted by Buygold @ 19:38 on February 12, 2016  

Hope we’re right and a lot of covering was done in the last couple of days. It’s been uncanny how the shorts plow in as the metals move higher. Happens every time.

Really pleased with the way the shares acted today.

Sunday night will be very, very interesting.

Buygold

Posted by ipso facto @ 19:26 on February 12, 2016  

I agree the COT report looks negative for us but as you mentioned the shorts may have covered a bunch in the last 3 days. This is supposing that the numbers are not part of the matrix. The Wizard of Illusion’s numbers. :mrgreen:

No one can say that gold’s action hasn’t been wildly bullish.

PS ^5 Mark Cuban!

I got this off the ‘Hot Copper’ site.

Posted by margaret @ 19:06 on February 12, 2016  

Great article in today’s Australian on Aussie gold miners.

DRM’s MD highlights the decreasing costs in the sector.

Extract as follows:

Doray Minerals managing director Allan Kelly is blunt about the impact that the iron ore boom had on the gold sector.

“It’s hard to have too much sympathy for the iron ore guys,” he says.

“They stuffed the market for a couple of years; they were poaching people left, right and centre from everyone else. Now it’s our turn.”

Doray is well into the construction of its new Deflector mine, which will be the company’s second operation.

The tough times in the rest of the mining sector have been reflected in the number of job applications the company is receiving.

“We were recruiting for a fitter and we stopped when we had received 270 applications,” he said. “It’s just a great time to be starting a new project and staffing up because there’s so many people out there.”

Exploration costs have also fallen sharply, meaning more bang for buck when hunting for new deposits. The rate for air-core drilling, Mr Kelly says, has fallen to about $13 a metre after peaking during the boom at about $40 a metre. Back in 1994, when he was starting out as a geologist, the going rate was around $12 a metre.

“You’re getting really good people at reasonable prices, you’re getting cheap drilling, your diesel is cheap, and you’re getting a good price for your gold. It’s a great time,” he said.

Unlike the boom in iron ore, which inspired a wave of expansion and development around the world that swamped international markets, the surge in gold is a more localised phenomenon.

Goldmine margins in the US and many African nations have not enjoyed the foreign exchange kicker being felt by Australian operators, lessening the risk of an overly exuberant supply response.

It also seems unlikely that any expansion of Australia’s gold sector could possibly take up all the slack created by the downturns in iron ore, coal and oil and gas, meaning the chances of a return of boomtime cost inflation is remote.

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Ipso – Ahhh..thank you

Posted by Buygold @ 18:33 on February 12, 2016  

Seriously though, do you have any thoughts about the COT Report or have you picked up anything from any websites?

I guess when we’ve been beaten down as much as we have – speaking for myself – things like that make me real nervous. Those report have always seemed to work when they are bearish. I’m hoping the outcome will be different this time around.

This one’s had a tough road permitting … 10 years, more?

Posted by ipso facto @ 17:08 on February 12, 2016  

Mines Management Inc. Receives Final Record of Decision for the Montanore Silver-Copper Project

http://finance.yahoo.com/news/mines-management-inc-receives-final-202757943.html

Buygold

Posted by ipso facto @ 16:57 on February 12, 2016  

Ma an Pa better get their dough away from the SM and banker’s dirty clutches!

OK OK here it is … :mrgreen:

bong-35625

North @ 16:15

Posted by ipso facto @ 16:53 on February 12, 2016  

Nice chart

Bonzai!

SLW hammer on the weekly

Posted by eeos @ 16:48 on February 12, 2016  

Hammer time

 

looking good

HUI end of the day action very bullish!

Posted by North @ 16:15 on February 12, 2016  

Look at this. Today GOLD was down 9.5 bucks. The DOW was rallying strongly. HUI should have been flattened, and throughout the bear market was flattened. It was always weak into the end of the day. But today HUI is up 2.66%, near its HOD. Not only that, at the very end of the day on the one minute chart, it broke out of a bullish triangle.There is no comparison between this action and what we have seen in the last four years. IMHO. Just sayin’. 🙂

HUI one minute 2:12:16

A good day !

Posted by Ororeef @ 16:11 on February 12, 2016  

fri wins

Trudeaus BOTTOM

Posted by Ororeef @ 15:54 on February 12, 2016  

was  significent event ,in case you didnt notice..

It was a last ditch effort to stem the Gold rise by a Liberal Politician….

Canada has SOLD its GOLD a short time ago is a DEJI VIU event as YOGI would say .

These people get elected because they are Word Processors and Puppets that have their mouths worked up and down like string Puppets…They can be counted on to do the opposite of whats right for their country because they are puppets .When they sell Gold you should BUY …because that what their handlers are doing..

COT Report

Posted by Buygold @ 15:53 on February 12, 2016  

Very, very ugly, if it is to be believed. Granted, this was Tuesday so I’m hoping the bulk of them covered yesterday but when you can print free contracts with paper and cover without fear of loss – I dunno.

The CME must close.

http://www.cftc.gov/dea/futures/deacmxlf.htm

 

Ipso

Posted by Buygold @ 15:47 on February 12, 2016  

yes, I believe that’s what we’re seeing. Why would anyone pay to keep their money in a bank? Not only that, a bank in a country that has instituted bail ins?

Whether the Chinese are out of the cabal loop is up for debate. I’d like to think they and the Russians are truly independent, but that remains to be seen. Everyone seems to love their ability to print fiat.

Big money is exiting big time. Mom and pop will end up losing everything because of the bail ins. JMHO.

Now, dammit pass that bong!

7d01f17eca

 

Ororeef

Posted by Buygold @ 15:39 on February 12, 2016  

The Fed not only does not have the tools, they are criminals. The world bankster system is a criminal mafia that adheres  to no laws and answers to no gov’t on the planet. I agree with everything you’ve said, but what needs to happen is that the Fed is abolished, sound money instituted, loans forgiven, a clean slate, and the Constitution reinstituted in its’ original form. Any congress critter or judge that deviates from the constitution should face the same sentence as the banksters – the guillotine.

 

 

20151111_obama

BG

Posted by ipso facto @ 15:37 on February 12, 2016  

“I’m in deep thought here, can you pass the bong? 🙂 ”

I would except that you seem to have hit the limit. :mrgreen:

“end game a run on the banks”

Is that what we’re seeing the start of now?

I think the Chinese power center is separate from the US-Europe one although of course they cooperate on this and that. JMO

Ororeef

Posted by goldielocks @ 15:36 on February 12, 2016  

Guarded Yep but those core not too worried about. See it plus a dozen others yesterday with shooting stars, spinning tops you name it still looking bullish so then since way past breakout is it those jumping on now who just noticed Cuz for Friday doesn’t seem to bother them. Position traders are probably thinking huh?

Fed, anti- fed Ted just introduced a bill to gain Fed control of homeschools. Home schools that don’t want government involved.  These snakes just keep biting.

Heres MY Dollar Chart

Posted by Ororeef @ 15:17 on February 12, 2016  

dollar

for the short term,So Gold should benefit  ..No Prices included

just the Pattern

SHARE the POVERETY

Posted by Ororeef @ 15:15 on February 12, 2016  

is not a econimic PLAN…OBAMA ‘s got to GO !

The Fed

Posted by Ororeef @ 15:14 on February 12, 2016  

dosent have the right tools to fix what needs fixen..

Direct investment in projects that can employ people and get a reasonable rate of return..

Stop punishing investors.Make them TAX free so they employ and create jobs..In short undo everything thats been done that destroys incentive to create jobs.

\Every Democratic policy that punishes savers and businesses should go in reverse.

A whole new mentality needs to emerge ..thats not anti business.

Undo everything Obama has done and followed in his communistic policys .

If not its going to look like Cuba ,Venezuela,Bolivia  …even Russia and China have rejected former Communist economicPolicys and have prospered..WHY are WE doing the OPPOSITE?  STUPID is in Charge thats why ! His Father was a communist even his real Father was a communist his Mother ….Why put him in Charge? WHO put him in Charge?

Ipso, Ororeef

Posted by Buygold @ 14:56 on February 12, 2016  

Ipso – I’m thinking the PTB in China just might be overrun by the real PTB that runs the world. At the end of the day, isn’t that really what we’re seeing? The really, REALLY BIG, money is exiting the system en masse? So we get these little bounces that enable them to exit even more positions and an end game is a run on the banks?

I’m in deep thought here, can you pass the bong? 🙂

Ororeef – (The Fed) “needs to be put back into its proper PLACE”

do you mean?

diving-into-toilet-359h

First Majestic very strong today

Posted by ipso facto @ 14:29 on February 12, 2016  

AG

Goldie … “guarded”

With good reason!

The Fed

Posted by Ororeef @ 14:11 on February 12, 2016  

needs to be put back into its proper PLACE..They should NOT be running the economy.

The tools they use cannot create jobs..They can only facilitate their creation.

A computer could do a better job…Its really simple ..Look at the GDP and print enough money to accomaddate it…not more ,not less..period..A STUPID computer can do that.

and besides WE have a TREASURY SECRETARY what do we PAY HIM FOR ?

and Print money without debt attached to it…..and you will have no inflation and NO recessions.The Market will grow naturally or Organically if you please..

Get rid of the FED ..its become a political animal for the party in power to use to choose winners and losers.Get the Politicians the hell out of the WAY..

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