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

I

He’s gonna have to sit in the back seat!

And we ain’t in it.

J

Does your horse know this?

SM opens weak and Au strong in US…..then they spend rest of the day magically reversing.

http://www.telegraph.co.uk/business/2016/04/17/gold-is-the-spectre-haunting-our-monetary-system1/

Newmont Mining Corp’s (NYSE:NEM), the world’s 2nd largest gold miner, is walking way from its $5 billion Conga copper and gold project in Peru after year of relentless community opposition.

In its annual filing with the U.S. Securities and Exchange Commission (SEC), the Colorado-based miner said that due to current social and political conditions, the company “did not anticipate being able to develop Conga for the foreseeable future.”

Locals welcomed the news, which granted Peruvian farmer Máxima Acuña de Chaupe the Goldman Environmental Prize.

Acuña, who has been at the forefront of the opposition against the Conga project since it was first proposed in 2010, said in a statement she only has one more wish. “I want to return to the peaceful life I had on my land with my family for almost 20 years.”

Newmont decided to halt construction work at the project in November 2011, after violent protests led by governor Gregorio Santos forced the country’s government to declare a state of emergency.

cont. http://www.mining.com/community-opposition-forces-newmont-abandon-conga-project-peru/

Dilma Rousseff’s presidency is hanging by a thread after Brazil’s lower house of Congress voted in favor of her impeachment, a decision that cheered investors just as it threatens to bring down the curtain on 13 years of leftist rule.

The opposition garnered 367 votes, 25 more than the two-thirds majority it needed to send the impeachment motion to the Senate.

“The commencement of the impeachment process is authorized,” lower house speaker Eduardo Cunha said at the end of the session that was broadcast live on public screens across the nation.

Most analysts agree it will be difficult for Rousseff to muster the votes needed in the Senate to stave off her ouster. A simple majority in the upper chamber is enough to force her to step down temporarily to make way for Vice President Michel Temer and surveys released Monday by three major newspapers in Brazil show the president’s opponents have the votes. That next step could happen within 15 days, said Senator Romero Juca, the head of Temer’s PMDB party, the largest in the country.

cont. http://www.bloomberg.com/news/articles/2016-04-18/rousseff-hangs-by-a-thread-after-brazil-vote-as-allies-cry-coup

Neumeyer Rebuffed by
Moneta Porcupine

Issue 160, April 2016

First Mining Finance, the gold vehicle backed by dealmaker Keith Neumeyer, has been pursuing gold junior Moneta Porcupine for several months, Global Mining Observer reports. The approach has been rebuffed but not disclosed.

Toronto-listed Moneta owns the 4.3m ounce Golden Highway project in Ontario. Neumeyer first approached the company two years ago and has made several approaches since, but has failed to land an agreement.

First Mining Finance listed last year and has been aggressively buying small gold companies. It held talks in February in London with a former Moneta insider, but according to sources involved, has failed to win over any significant pool of investors, who are believed to be backing current management.

Neumeyer, who privately jokes that he is “creating unemployment” in the industry by turfing out management teams, entered mining in the 1980s. He was vice president of investor relations at First Quantum, before reinventing himself in silver, founding Mexican silver play First Majestic. Neumeyer has founded First Mining Finance to focus on gold.

cont. http://www.globalminingobserver.com/first-mining-finance-moneta-porcupine-keith-neumeyer-160

Golden Band Files Notice Of Intention To Make A Proposal To Its Creditors

http://finance.yahoo.com/news/golden-band-files-notice-intention-213600785.html

Goldcorp provides update on Marlin accident

http://finance.yahoo.com/news/goldcorp-provides-marlin-accident-165500993.html

Work stoppage at Pan American Silver’s Manantial Espejo mine

http://finance.yahoo.com/news/stoppage-pan-american-silvers-manantial-010000175.html

Pretium Resources Inc.: Brucejack Project Construction Update

http://finance.yahoo.com/news/pretium-resources-inc-brucejack-project-093409590.html

Primero Reports Preliminary Q1 2016 Production Results; Quarter Focused on Creating a Workplace Free of Accidents

http://finance.yahoo.com/news/primero-reports-preliminary-q1-2016-105500730.html

Excellon Reports First Quarter 2016 Production

http://finance.yahoo.com/news/excellon-reports-first-quarter-2016-110000264.html

Aberdeen Files NI43-101 Technical Report on the Smokey Hills Platinum Mine

http://finance.yahoo.com/news/aberdeen-files-ni43-101-technical-110000039.html

Brazil Resources announces NI 43-101 gold resource for the Island Mountain deposit within the Whistler Project, Alaska

http://finance.yahoo.com/news/brazil-resources-announces-ni-43-123000038.html

I can’t figure out for my life who would pay this man a subscription. He’s a damn fool. I think it’s comical to even post his articles on this forum I’d like to keep an open mind, but in the same respect, I’ve heard every color of the rainbow come out of this man’s mouth. There’s no end to his claims

Some where… over the rainbow… gold will fly
http://www.railpictures.net/viewphoto.php?id=573222

BLYTHE MASTERS  ..it was she who developed Credit Default SWAPS at JPMORGAN CHASE. It seems women do understand the problem but dont know the Part played by some women namely BLYTHE MASTERS Executive at JP MORGAN ..CHIEF FINANCIAL OFFICER  ….ALSO served as Head of GLOBAL CREDIT POLICY and STRATEGY .The Banks Chief Investment Office Gambled  on Credit Derivatives  and lost 5 BILLION …The Bank will pay 1.2 Billion to settle charges it conspired with VISA and Master Charge to RIG Credit Card FEES .The Bank also being sued for RIGGING the LIBOR RATE.The Bank is being sued by The Trustee of the Madoff Bankruptsy case to try to get some of their money back.The Bank is being sued for 130 Billion Mortgage securities Fraud where it bundled  securities and sold them to unwary investors …all this under HER  GLOBAL  POLICY STRATGEY department and her tenure as JP MORGAN CHIEF FINANCIAL OFFICER  She is by FAR the MOST EVIL WOMAN  ever to hold High OFFICE at the NATIONS BIGGEST BANK.   SHE alone is responsible for most of the NATIONS FINANCIAL PROBLEMS  .  YET few Americans know who she is…but they do know who JAMIE DIMON is …the guy with the $400 haircut.   War is very profitable for BANKS and their Banksters  and BLYTHE MASTERS is their CHIEF STRATEGIST.

http://www.huffingtonpost.com/janet-tavakoli/jpmorgans-losses-from-ind_b_676042.html

BLYTHE MASTERS & JAMIE DIMON

If your looking for who the SILVER Manipulative characters are   your looking at em   along with Deutsche Bank and HSBC   but SHE is the STRATEGIST behind it all ….working out of LONDON.  (Notice the GOLD BARS on the Back seat !)  Its been known for a long time ,but not to Americans !

I know, as well as manipulate the elections so they don’t have to be held accountable and continue strip mining the country and individual freedoms with business as usual. All this manipulation is just saying to the people your votes don’t count. They’d rather throw the election to Hillary than let a outsider get in and disrupt their free ride.

Men or woman people tend to vote in their own best interest. Blaming it on women is ridiculous. Even men are saying things like everytine Trump opens his mouth he loses votes. I’m for Trump as we already seen the worst to risk reward is greater lol That’s what it’s come down to for most though.  The more illegals and immigrants  they can get in the more they can swing the votes to the demos.  Bad part is the GOP is finished and just as bad. It’s now them vs us as long as they can control elections and can stay in office.. Indefinetly.

COMMENT: Marty, the goldbugs are out in force saying that the banks have admitted they manipulated silver. It is interesting how these people lack any understanding of the markets. Just give up. They deserve their own fate.
BD
REPLY: Yes I know. It is rather pathetic. It demonstrates how ignorant they are about trading and the marketplace. The banks have been clipping people for decades (“manipulation”). The big institutional traders have been slow to realize that you cannot trade with someone who takes the other side of that trade and expect them to do this on an altruistic endeavor. This type of “manipulation” is by no means systemic to justify that they have been so dead wrong in their forecasting for decades. This “manipulation” has been always present in every market. The dealers know where the stops are and if they are within striking distance, they “manipulate” the market to execute them. The floor brokers routinely use to tell you where the stops were. Sometimes they were too close and could be taken out so the brokers went for them. Other times they could not reach them. Sure you can call this “manipulation.” However, that is not manipulation that alters the trend. That is completely different from “manipulating” a bull market into a bear market. But hey, I agree. They deserve what they get. They act as if the metals are unique and only they have been suppressed. NEGATIVE INTEREST RATES = deflation. The disposable income of the elderly has collapsed. Sorry, where is the inflation coming from except in their dreams. The world is imploding.
I do agree. These people have been wrong and want to blame everyone else in the world but themselves. They alone are right and the world is wrong. They do deserve what they get for if they cannot learn the lesson that the FREE MARKET is everything connected, then they will be separated from their money every time. They are the fuel that drives the markets because the MAJORITY must always be wrong. They do not want to admit that, so the lie to themselves the world is wrong and they alone are right. They are ignorant to the fact we are in a commodity deflationary trend because China turned down and sharply reduced their buying. India put on all kinds of regulation to stop gold purchases. They ignore that as well. So yes. They deserve what the get if they cannot see the light.
Those who immediately claim the goldbugs are correct lack any trading experience whatsoever. Why are they even pretending to comment on the markets when they do not understand how they work? That would be no different than me trying to critique a brain surgeon. Come on. If you have never traded size, you are not qualified to comment. You obviously have never seen how banks move spreads to clip clients ALL THE TIME. Why do you think many banks are ending their proprietary trading like TD Bank in Canada and Deutsche Bank? All banks who trade on a proprietary basis “manipulate” the market in this way moving the spreads to clip clients. How do you think they made money? The goldbugs forget the fact they the banks were also fined for putting out fake research in 2003 for the DOT.COM bubble. The SEC announced:
The “global settlement” concludes a joint investigation begun in April by regulators into the undue influence of investment banking interests on securities research at brokerage firms. The settlement will bring about balanced reform in the industry and bolster confidence in the integrity of equity research. www.sec.gov_news_digest_12-20-2002 Research Plea
I absolutely know for a fact that some pretend analysts have been paid by the very bankers to mislead people into buying so they could take the other side. Plain and simple. But as long as they tell people to “buy” the metals, they walk on water even when WRONG and people lose money. So let’s get real here. You are not an “analyst” if you ONLY forecast to buy. Sorry, that is a promoter, not an independent analyst.
If you have never traded size, they you cannot possibly understand how this type of “manipulation” has always existed and to convert this into proof why the metals are not 30x higher is consumer fraud in my book. Where’s the proof? This is like a guy writing a book on how it “feels” to give birth. If you have not traded size, you cannot understand how this type of “manipulation” does not alter trend, it simply functions with the noise zone of a market; any market, since they do it to them all.

Maybe they’ll fix it by the open tomorrow…

@ Ororeef:  Considering the behavior of the male members of the Republican Party who are doing their best to torpedo Trump despite whom the American public desires to represent them, for you to say that women are the cause of the country’s problems is ludicrous.

@ Goldi:  That’s a nice set of wheels, lol.  As to what happened to the men, it appears some of the men nowadays are incapable of accepting responsibility for their own behavior.  Who brought down the World Trade Center?  Who dragged the country into WWII?  Into Korea?  Into Vietnam?  Who shipped the jobs out of the country?  Who devised NAFTA and all the rest of the trade treaties that have stripped America of its strength?  Who created the CFR, the Bilderbergers, and all the rest of the traitorous groups trying to destroy America?  MEN.

One bright spot in my portfolio.

Sibanye Gold Limited  (SBGL)

52 week range 4.07 – 16.63

Friday it closed slightly up at 15.28

Div and Yield 0.26 (1.76)