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

http://www.miningweekly.com/article/golds-breakout-heralds-boost-for-smaller-producers-as-seniors-lumber-behind-2016-02-19

People have the right to defend themselves and Nations have the right to defend their borders.

The pause that refreshes …

I like the $5000 target. If we get there I’ll be able to afford a tarp to throw over my refrigerator box home!

If this is it, I think many are going to be left behind because the bear was so devastating. I like Ackerman’s targets. Thanks for the post, Richard.

Looks to me that the $VIX is an indicator at least for the direction of gold prices. Seems the higher the VIX, uncertainty in the overall markets,  the more upward pressure is given to gold. ?? One of you fellas wish to throw up a chart showing VIX and Gold for the last year I would appreciate it.

Sure appears that we are in the beginning stages of a Bull Run for the Precious. Hmmm?

Thats what viagra’s for …..Its the G0ld bugs version of quantitive easing….

Is the Tahoe takeover of Lakeshore in trouble?

Sorry people, I really hate putting question marks at the end of title lines, so many people do it way too often and it always comes across as cheesy and a cop-out. But in this case it’s necessary, because Kevin’s still mad at me. And there’s no way I’m not passing this chunk of decently sourced gossip onto you but you have to realize it’s that market chatter, no more or less.

more http://incakolanews.blogspot.com/

Chilling ways the global economy echoes 1930s Great Depression era

”

The global economy today resembles that of the 1930s in several ominous ways.

 
Financial author Edward Chancellor recently called attention to a paper written by Caludio Borio, head economist at the Bank of International Settlements, that provides a fuller picture of the causes of the Great Depression. The paper also draws parallels between global economic conditions that led to the rise of protectionism in the 1930s and our situation now.
”

http://www.marketwatch.com/story/chilling-ways-the-global-economy-echoes-1930s-great-depression-era-2016-02-19

I sure hope this rally doesn’t “detumesce!” 🙂

Thanks for the views Amigo.

I guess if the world economy continues on it’s way into the crapper then oil prices will stay low for a very long time … that is unless Saudi Arabia and Iran get into a shooting war and in that case watch out!

If the Saudi’s do introduce troops into Syria then maybe some calls would be worthwhile.

Pure Gold Reports Third Quarter Financial and Operating Results

http://finance.yahoo.com/news/pure-gold-reports-third-quarter-004027735.html

Yamana Gold Announces Fourth Quarter and Full Year 2015 Results

http://finance.yahoo.com/news/yamana-gold-announces-fourth-quarter-012738695.html

Mandalay Resources Corporation Announces Fourth Quarter and Full Year 2015 Financial Results and Quarterly Dividend

http://finance.yahoo.com/news/mandalay-resources-corporation-announces-fourth-030532471.html

GOLD’s high so far on this run is 1263. GOLD drew back to about 1200. GOLD now is about 1226. Right now, however, there are many stocks that are higher than they were than when GOLD was at 1263. This is how a PM bull works. So if you hold on to your PM stocks, the next time GOLD hits 1263 they will be worth a lot more than the last time. This is the opposite of what happens in a bear market. Gold stocks in a bear market are worth less at higher GOLD prices not more. This is an argument for not losing your positions in a genuine bull run.

Saw this in the nineties bull market and in the 2000’s. This is the phenomenon of the stocks leading GOLD price. Just my humble amateur opinion.

comex gold being up $8.10 & DUST being up a dime & NUGT being down a corresponding amount–as I write this could change–but probably not my much…no surprise–just the same atypical & counter-intuitive way the PMs have always traded…no wonder so many gold bugs are caught flat-footed–or with light inventory– by this bull move…I gotta think gold sells off today or-at best–doesn’t change much.

How This Bear Survived

Whatever happens, it was predictable all along than any bull market in gold would develop in such a way as to leave even bullion’s most devoted supporters skeptical. Assuming the rally continues to make its way higher by fits and starts, on low volume and without a sustained push, you should start asking yourself now whether you might be in the group of war-weary gold bugs that the bull is trying hardest to fool. [looking “ragged and divergent” as I have said]

Because so many of my subscribers are heavily invested in bullion, it has been my practice over the course of gold’s long correction to give rallies the benefit of the doubt to the extent possible. While we kept the $815 target in the back of our minds as gold fell, we were ready to put our skepticism aside if the hourly chart turned bullish. This time, however, I am being especially cautious – not out of fear that I will overestimate the rally’s power and longevity, but that I will underestimate it. We’ve become so used to bullion rallies that spike and then detumesce rapidly that this may have inured us to the real McCoy if and when it comes. If the current rally is indeed the real deal, we should see this confirmed by thrusts that turn minor “Hidden Pivot” rally targets into chop suey. The most immediate of them lies at 1280.00, whence, as noted above, a tradable pullback would become very likely. If the April contract makes short work of it, however, that would further shorten the odds that the rally is more than the bull-trap tease to which we’ve become accustomed. Moreover, and as I detailed here a week ago, an uncorrected push above the 1308.00 ‘Matterhorn’ peak recorded in January 2016 would turn the weekly chart impulsively bullish for the first time in years. That would provide the strongest evidence we’ve seen to date that the bear market begun in 2011 is over.

Most of the business models are predicated on $70. Oil. The longer it stays at $30, the more layoffs we’ll see.

Sour crude is taking a hit. It is bid $12. below sweet.

Those wells and fields that were financed with junk bonds will be forced to continue producing. The heavy oil fields and marginal wells will be shut in. New exploration will cease after the current leases are drilled and produced.

it won’t happen overnight, but marginal wells shut in, and no new exploration will eventually curb production. Rinse and repeat in the oil patch.

rno

Eastern European leaders warned Britain to ‘take it or leave it’ in Brussels
Prime Minister was pleading at a summit in the city for a ‘credible’ package
Counterparts put up opposition to his plans to limit access to UK welfare
In further slapdown they warned any package cobbled together will be final

David Cameron was ambushed in Brussels last night with demands to further water down his EU referendum deal.

Warning Britain to ‘take it or leave it’, Eastern European leaders insisted curbs on handouts to foreign workers must be phased in gradually.

The Prime Minister had been pleading at a summit in the city for a ‘credible’ package to help him lock Britain into the EU for a ‘generation’. But his counterparts put up a wall of opposition to his plans to limit access to the welfare state.

And, in a further slapdown, they warned any package that is cobbled together will be final – the UK must take it or quit the European Union for good.

The French and the Belgians insisted there could be no second referendum if the UK votes to leave while on a day of drama in Brussels and Westminster:

more http://www.dailymail.co.uk/news/article-3453774/Face-says-Shambles-embattled-PM-s-deal-watered-Euro-MPs-threaten-kill-off.html

Susan Sarandon on Backing Bernie: ‘I Don’t Vote with My Vagina’

they keep talking about all this nonsense debate political crap including the POPE because it keeps their attention off the GOLD MARKETS  and its up about 50 % since JANUARY  …SHHHH dont tell them communists nothing …If they ask me ..

I KNOW NOTHINK    !

Ipso – I know what you mean about Wanka and the neighborhood. Geesh! 🙂

Ororeef – does the obvious really need to be stated? The Pope is a big part of the NWO crowd.

Better than a sharp stick in the eye! 🙂

oops I see Wanka finally made it … there goes the neighborhood.

is embarrassing himself ,he knows so little about America and how generous and how many immigrants America has adopted .

More than any country in history.!

He has a Argentine mentality ..living in a FASCIST dictator Country that has turned Communist has unbalanced his view.

He also is not too smart about listening to the proper advisors ..He has been poorly advised ……Frankly I think the DONALD should tell him   “YOUR FIRED” and stop interfering in America elections.  America has a separation of Church and STATE …IF he dont like it he can go to the MID EAST where they DONT have Separation of CHURCH and STATE and Christians get their HEADS cut off and the POPE remains SILENT about that  !

Somehow his Mexican advisor forgot to tell him how many heads were chopped off in Mexico  ,thats why we will put a wall up to keep the DRUG GANGS out of HERE !