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

What bible verses are 11.5, 11.3?

Posted by macroman3 @ 23:57 on December 28, 2016  

Where is that bible thumper I always played The Reaper from BOC? He’d know the verse angles tout suite….

Oh yeah, Bondservant of Christ

Sorry, I can’t help myself, even tho I’d rather play Godzilla, howaboot a half way between astrology and physic wars for Moggy? 40 fricken years old, my oh my…

 

drb2, now two years old but still relevant…what does it all mean? Other than a lot of gold coloring around Modi

Posted by macroman3 @ 23:26 on December 28, 2016  

 

Image result for economist 2015 cover

Farmboy @ 19:29

Posted by ipso facto @ 22:13 on December 28, 2016  

Let the healing begin! C’mon New Year! emoji_1f601

FWIW: Radio Electronic Attack Downed Russia’s TU-154?

Posted by silverngold @ 22:03 on December 28, 2016  
Published on Dec 27, 2016

Russian Experts are leaning heavily towards a “Radio Electronic Attack” that downed the Russian TU-154 of the Black Sea of the cost of Sochi. Pravda.RU in their article entitled “Deprived Connection TU-154 Radio Electronic Attack” lean more towards the idea of a Radio Electronic attack. The Russian Military plane had 92 on board including the famed Russian military Choir, 9 journalist, 1 General and 5 Colonels.

the War On Cash

Posted by drb2 @ 22:02 on December 28, 2016  

The past several months I have had the unfortunate luck to need extended contact with computer tech service.  They have been having a most difficult time resolving my issues.  Most of the time the techs are based in India.

During the dead time that data is downloading I have taken the opportunity to ask the techs some questions about the Modi situation.  Here are my findings:

They recognize that the Modi’s actions are hurting the lower classes, but think it a temporary, necessary pain.  Most like Modi.  They think he is fighting bad people who are counterfeiting the currency.

I ask if they think the objective is “All Electronic Money”.  “Oh Yes” is the answer.  I ask if they are worried that that gives the gov’t total, absolute control over the population.  They seem puzzled, but eventually say they haven’t ever considered that aspect.

I remember years back when I read that Goldman Sachs was advising Modi.  I was worried then.  I am even more worried now.  The War on Cash is real – as the world’s premier gold advocates, India had to be brought to heel.  We are watching it play out.

Farmboy…

Posted by amals @ 21:18 on December 28, 2016  

Yeah, GPL.  It’s been on a tear for several days.  I bought some several months ago, watched it tank, then almost doubled down near the bottom.  But didn’t.  Oh, well.  It’s in the green for me  now, anyway.  And then there’s good old NAK, one of my oldest holdings–2003– that’s been doing well lately.  I think the consensus is that the permitting at Pebble will go better under Trump.  We’ll see.

 

P.S.  Just noticed your pic at 12:38.  Ha!  Love it.

Crank UP The Volume or Do You Hear What I Hear ?

Posted by Farmboy @ 20:49 on December 28, 2016  

In the FWIW dept I noticed the volumes of most PM stocks where not that outstanding today in spite of a nice turn.

Couple examples of the ones I watch:

MUX  Todays vol, 2,962,761 ( Daily Avg 22 Vol. 3,686,064)

GPL   Todays vol, 1,748,444 (Daily Avg 22 Vol. 3,782,379)

CDE   Todays vol. 2,121,453 ( Daily Avg 22 Vol. 3,880,976)

Not all that impressive volume wise but nice moves up today by most PM stocks. Its a start folks.

But I find the next set of numbers impressive and perhaps giving us a clue to future direction ??

JNUG  Todays vol.  40,642,188 ( Daily Avg 22 Vol. 33,705,266 )

Seems to me someone thinks there is a rally in gold and silver, at least for the junior miners, on the horizon.

JNUG is an ETF and like all these paper created diversions they are sucking the air from the mining stocks. But it is what it is and I don’t have to like it, just make money from it. But today’s action is telling me some big players are expecting the past few days of good fortune to continue. We’ll see ?

ipso facto @ 17:17 Hello New Year !

Posted by Farmboy @ 19:29 on December 28, 2016  

and-away-we-go-gif

Interesting reading from the Casey Daily Dispatch

Posted by silverngold @ 19:02 on December 28, 2016  

How to Prevent the Government From Having Total Control of Your Life

Editor’s note: Today’s essay is one of the most important we’ve shared this year. You’ll want to print it out and read it very closely as we head into the new year.

In short, Casey Report editor E.B. Tucker says time is running out to protect your hard-earned money. Read on to learn why…and what you should be doing today to start preparing…


“I know the cops are there.”

The receptionist looked around. She didn’t know what the man on the phone was talking about.

There were no cops in the lobby. Just a delivery man standing in front of her desk, trying to drop off a package.

But the man on the phone was right. The cops were there. Three dozen of them, watching every exit in the building…plus an undercover FBI agent posing as the delivery man.

He was carrying a package of 1,000 gold coins—worth $1.5 million.

The man on the phone had ordered the coins online. His gang had stolen millions of dollars by hacking into a bank account owned by one of America’s most famous tech billionaires. Now they were trying to purchase gold with the stolen money.

You see, these criminal hackers knew something most people don’t…that physical gold is totally untraceable.

So even though it was only a matter of time before the feds tracked the money they had stolen, the criminals could sell, trade, or melt the gold they bought without any suspicion. In short, they used the gold to launder the money they stole.

And it worked.

Although the cops foiled the plot this time around, the criminals had successfully purchased a box of 1,000 gold coins just a week earlier. After signing for the package, a man immediately drove half a mile to Tampa International Airport, walked through security, and flew away.

To this day, no one knows where that $1.5 million worth of gold coins is.

The feds will never, ever find it.

This is a true story. I heard it firsthand from the coin dealers who loaned the FBI agent a delivery uniform and 1,000 gold coins before the sting.

I promised them I’d keep certain details confidential. I can’t share the name of the large national bank that was hacked. Or tell you who the famous tech billionaire was. Both are household names that you’d immediately recognize.

It’s all hush-hush. The story never made the news, and the banks want to keep it that way. They don’t want the public to know their accounts are that easy to hack. And the government doesn’t want more folks to know what the hackers know…

Owning physical gold is the only way to prevent the government from having total control of your financial life.

Today, nearly every transaction is tracked by the government. Every time you withdraw money, deposit money, buy something, sell something, trade a stock, cash a check, or make a wire transfer, the government tracks you.

This makes it easy for the government to control and tax every aspect of your life.

Gold is the only asset outside the control of central banks like the Fed.

Gold is not an investment asset…it’s money.

You don’t buy gold as a speculation the way you’d buy a gold mining stock. Since it’s easily exchangeable into any currency in the world, it’s the world’s safest form of money.

That’s why the Fed hates gold. It’s also why the government is making it increasingly more difficult to buy and own gold.

It’s Getting Harder to Buy Gold

During the Great Depression, the government made it illegal to own most forms of gold. President Roosevelt claimed that people “hoarding” gold were making the Great Depression worse. The penalty for not turning your gold in to the government was a $10,000 fine and 10 years in jail.

Finally, in the mid-1970s, the average American could buy gold again. Americans piled into the metal as protection from the collapsing value of the dollar.

But since the 1970s, the government has enacted a series of laws that have made owning gold more difficult, more costly, and less private:

  1. The Bank Secrecy Act of 1970 required financial institutions to help the government detect and prevent money laundering. To get around this law, some criminals laundered money by purchasing gold bullion and coins.To help crack down on this illicit cash, the IRS created Form 8300 in 1984. It requires merchants to report certain cash transactions over $10,000. Essentially, Form 8300 forced coin dealers to comply with burdensome rules that were originally written for banks.
  1. Then came 9/11…and the Patriot Act. Among other things, it allows the government to collect bank and credit reporting records on Americans in the name of national security.The Patriot Act made Form 8300 universally accessible to the government without a warrant. What used to be a tax collection tool is now available to all law enforcement. Merchants filling out Form 8300 also have to send a copy to the Financial Crimes Enforcement Network (FinCEN) database.

    FinCEN is a branch of the U.S. Treasury that collects and analyzes information about U.S. financial transactions to combat domestic and international money laundering, terrorist financing, and other financial crimes.

    But that’s not all. Merchants also have to fill out a Suspicious Activity Report and submit it to FinCEN whenever they suspect a customer of making multiple transactions to avoid a Form 8300.

  1. The Hobby Protection Act restricts how dealers can, or can’t, sell replica coins made from gold or silver.
  2. The Dodd–Frank Act, passed after the 2008 financial crisis, created new reporting requirements for bullion dealers, which don’t allow smaller dealers to “hedge” the price of gold.

Recently, some state governments have gotten even more aggressive in cracking down on gold…

In 2014, the state of Minnesota required any coin dealer selling to citizens of the state to first obtain a surety bond (a promise by a third party to pay a certain amount if an obligation from the coin dealer isn’t met) before conducting business. Many dealers couldn’t comply with this rule and abandoned customers in the state altogether.

A new Louisiana law prevents gold dealers from buying precious metals with cash. Now they can only write checks to selling customers. State authorities want to know about all of these check payments via a special form.

What’s Next?

Earlier this year, I went to a local jewelry store looking for gold coins and found this surprising sign posted:

It says, “CASH transactions are limited to $6,000 within a 48 hour period.”

$6,000 seems like an arbitrary number. And 48 hours seems even more contrived. This is a sign of the times.

The Fed claims all these restrictive laws are in the name of safety, security, and fairness. The government says criminals use gold to avoid the banking system. But the laws rarely seem to ensnare criminals.

For average citizens, owning gold isn’t about avoiding taxes or laundering money. It’s merely about ditching the liability that comes with owning dollars.

When the government makes a law protecting something, it often ends up taking that thing away from you. For your own good, of course.

We think the government’s real intention is to keep all U.S. money in the banking system. There, it can be traced, tracked, and most importantly…taxed.

And keeping all U.S. money in the banking system means keeping money OUT of gold.

We’re likely just seeing the beginning of these laws. As the economy continues to slow, government tax revenues will suffer. When that happens, we’ll see more of an obsession with tracking—and taxing—money.

That’s why NOW is the time to buy gold. Gold is one of the best ways to dodge the Fed’s next radical monetary experiment and insure your wealth. But with all of these new laws, the opportunity to buy is quickly closing.

Regards,

E.B. Tucker

Buygold @ 18:12

Posted by ipso facto @ 18:33 on December 28, 2016  

Hey buddy that’s 3 in a row! 🙂

I won’t really be happy until we’re all residing in Squillionaire Acres using C-notes to light up a splif#! emoji_1f601

gtg

Equisetum

Posted by ipso facto @ 18:28 on December 28, 2016  

Half the battle is buying quality stocks like MUX, which I see had an excellent day. Can’t go too far wrong backing McEwen!

A Happy New Year to you!

Ipso

Posted by Buygold @ 18:12 on December 28, 2016  

Two up days in a row at the end of the year? Who would’ve thought?

I guess the hope is that the pro’s are thinking there will be a gold rally to start the New Year?

Glad we’re not getting crushed especially considering the USD strength.

Two days left, we’ll see what happens.

ipso_facto, regarding your 17:17 HUI chart, that change for the day looks good when viewed in

Posted by Equisetum @ 17:41 on December 28, 2016  

the context of individual specific PM miners, such as McEwen.  I like.  Happy New Year.

http://stockcharts.com/h-sc/ui?s=MUX.TO&p=D&yr=0&mn=1&dy=0&id=p87516181436

Bob Moriarty

Posted by ipso facto @ 17:27 on December 28, 2016  

Bob Moriarty: Bigger Buying Opportunity In Precious Metals Now Than 11 Months Ago

Chalk one up for the good guys

Posted by ipso facto @ 17:17 on December 28, 2016  

HUI

When did Obama ever brag about bringing jobs home to the US?

Posted by ipso facto @ 17:15 on December 28, 2016  

He never even thought about it …

Mr.Copper @ 14:40

Posted by ipso facto @ 17:13 on December 28, 2016  

This could be it for the SM. The Dow has banged it’s head against 20,000 a few times now.

Glad I sit on my hands and don’t try to trade this stuff

Posted by eeos @ 15:36 on December 28, 2016  

SLW is clawing it’s way back with no real strength seen in physical Silver. Wonder if it’s leading again

@Ipso facto re Dow Down 100 Points

Posted by Mr.Copper @ 14:40 on December 28, 2016  

FINALLY. A down side break-out. I here by declare the stock market rally is over. No widely held opinions (generally wrong) of a 20,000 Dow going to happen. Like a carnival game. Close but no cigar.

@Ipsofacto re Home Sales Down

Posted by Mr.Copper @ 14:33 on December 28, 2016  

It has to be an over bought situation with historically low mtg rates. Auto sales too. A general recession has to start unfolding soon. My guess is the Fed knows it, and jacked up rates just for a future needed drop to re-stmulate. Wash rinse repeat. Same ole same ole.

It’s like they’re driving at 65 MPH, but the car is slowing down anyway, with the foot on the gas pedal. So they try taking the foot OFF the pedal with the hope pushing it back down may gain some power and speed.

The people running are clearly dreamers. Just like John Lenin said re “Imagine….You may think I’m a dreamer, but I’m not the only one”

oops … Dow down over 100

Posted by ipso facto @ 14:22 on December 28, 2016  

Re 10 Year Bond Interest Rate Dropping (bond rally) Today

Posted by Mr.Copper @ 14:07 on December 28, 2016  

Re 10 yr treasury index ticker $TNX 2.51% yield today. It peaked on Dec 15 at over 2.6%. The SnP peaked a day or two before. I know two weeks does not make a trend, just a dip, but it just might be a resumption of the old 30 year bond rally.

Farmboy @ 12:47

Posted by Maya @ 13:58 on December 28, 2016  

Wow!  Those Georgia curbs get Marine training!  🙂

Farmboy @ 12:47

Posted by ipso facto @ 13:01 on December 28, 2016  

LOL! In the get what you deserve category … 🙂

Maddog @ 12:21

Posted by ipso facto @ 12:59 on December 28, 2016  

I think there’s a good possibility your mate is right. Hard to see any resolution without the revalue of gold and silver.

Of course the cretins in all shapes will try to steal any profits from speculators …

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