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

First CANCEL all dual Passports then…….

Posted by Ororeef @ 11:48 on March 27, 2017  

President Donald Trump Needs To Either Cancel, Repudiate or Renegotiate The U.S. Debt

President Donald Trump is the ONLY man in history who can actually save the American People from global debt slavery by simply implementing what he has learned as a tough, seasoned New York City businessman.

The current U.S. Debt hovers around 23 trillion dollars, and the overall debt is rumored to be around ten times that, and is expected to grow by another $10 trillion in the next 10 years.

It is absolutely and totally unpayable, and has doomed the American people (and its government) to complete and total slavery.

The American people no longer have a government that answers to or works for them, but rather takes their marching orders from the international central banks, and in the case of the United States, its incarnation as the Federal Reserve.

Born of a total fraud, a fraudulent inducement to contract foisted on the American people in December 1913, the bill enacting this financially extortionate and fiat currency banking system was literally rammed through Congress and the Senate during the Christmas festivities at that time, when 99% of the U.S. Government was home for the holidays.

The legislation itself, which was drafted in secret by an ultra secret financial banker cabal at the aptly named Jekyll Island, by men who literally used fake names in their transportation to get there, the entire process was a criminal conspiracy of the highest order.

This process alone would void and vitiate the U.S. debt alone, because it is standard contract common law that one can void a contract by virtue of fraudulent inducement, misrepresentation, void for vagueness, non-disclosure, incapacity to contract, illegality, or for criminal purposes.

Past Presidents Andrew Jackson and Thomas Jefferson fought viciously against central banking in the United States, opting instead for government-coined currency rather than farming it out to third party interests, and certainly foreign ones at that.

They fought long, hard and bloody wars, and in fact many would argue that the United States itself was founded and declared independence from England exactly because of the stranglehold the European Central Banks had over their originating country, but included the War for Independence of 1776, The War of 1812, and subsequently most major wars after that, all across the world, wherein the international bankers have commanded their host government country leaders to wage cruel, bloody wars against other nations who refused to host one of their international parasitic banks with which to exploit, drain, and extort their people with fractional reserve banking tactics and schemes.

Donald Trump is a seasoned and tough New York City businessman, who has declared bankruptcy himself several times for his companies when he realized that it was no longer feasible, moral, or possible to pay bad or disputed debts – he also is no sucker, and has a proven track record of telling bad debtors to go “pound sand” when they have presented him with invoices for faulty, sub-standard, shoddy, fraudulent, frivolous, illegal, or fictitious debt.

Therefore he is exactly the man for the this job – to tell the Federal Reserve and the international central bankers to “take a long walk, off of a short pier.”

The American people never consented to, or were informed, fully or adequately, about the “deal with the devil” that is the Federal Reserve.

Had this vote been taken today, in the age of the internet, alternative media, social media, Twitter, FaceBook, Google and YouTube, they would overwhelmingly refuse to partake in the outright selling out of their country, their children and families, their property, their freedom, and their birthright.

Unfortunately the fraud has come full circle – the American people are teetering at the brink of the abyss – and their nation and all its worth are being sold on the chopping block for the benefit of the global deep state oligarchy/plutocracy, who all plan to bail on this great nation for hopes of a better future and tomorrow, without them of course.

The American people will not abide by this – and they have duly elected Donald Trump because they truly believe that he will be the man who finally puts this outrageous, fraudulent and fictitious debt down for good, either though outright cancellation, repudiation, or renegotiation, perhaps for pennies on the dollar.

And who will come to collect if the USA doesn’t pay?

The United States of America is pound for pound, the strongest, most militarily superior, most patriotic nation where each and every one of its citizens is armed to the teeth – and we have tens of thousands of nuclear weapons.

As the Greek saying goes, “Molon Labe” – come and take it – usually this phrase refers to the refusal to relinquish weapons, but in this case, this could also refer to the “U.S. debt.”

Donald Trump needs to re-set the clock, re-set the debt, link our currency to tangibles such as gold, real property, and silver instead of fiat fractional reserve paper promissory notes, and get on with “Making America Great Again.”

ipso facto @ 11:29 Thanks!!

Posted by silverngold @ 11:33 on March 27, 2017  

You’re the man!! ;o)

SNG Here you go. A surprisingly pro physical anti GLD piece from the MSM

Posted by ipso facto @ 11:29 on March 27, 2017  

GLD vs. Physical Gold: Which Is The Better Investment Now?

Gold ETFs are rising in popularity due to their convenience. They’re easy to trade, there’s no need to store anything, and no one is going to break into your house to steal your GLD shares.

But there are a lot of hidden dangers inherent in the structure and operation of gold ETFs that few investors are aware of—and these risks are more pronounced than ever, as the threat of another financial crisis is always around the corner.

Considering the public’s waning trust in the banking system, many investors find themselves wondering how GLD stacks up to owning the real thing. When you look at both assets more closely, it’s clear that gold ETFs and gold bullion are very different investments.

Why GLD Is Not the Same as Gold

SPDR Gold Trust (GLD), the largest, most popular gold ETF, is an investment fund that holds physical gold to back its shares. The share price tracks the price of gold, and it trades like a stock, but the vast majority of investors don’t have a claim on the underlying gold.

The reason for this is that you can only request physical delivery of metal if you own a minimum of 100,000 GLD shares (most investors don’t: at $1,000 gold, 100,000 shares is more than a million dollars). Even if you do own enough shares, the GLD ETF reserves the right to settle your delivery request in cash.

So why is GLD appealing to investors if you never actually own any gold?

For one, the fund is both convenient and low cost. If you’re looking for an inexpensive way to invest in the direction of the gold price, GLD is ideal.

The other advantage is you can employ leverage with options, which can be risky, but it’s something you can’t do with gold bullion. If you’re an investor who doesn’t plan to take delivery and you’re comfortable with a higher degree of risk, GLD can be a good way to gain exposure to the price of gold.

Counterparty Risk on All Levels

While gold ETFs can be a fine investment, they come with a lot of counterparty risk inherent in their chain of custody. And this risk will only grow commensurately with systemic uncertainties.

Think about it: If you own GLD, you must rely on a counterparty to make good on your investment. If the fund’s management, structure, chain of custody, operational integrity, regulatory oversight, or delivery protocols break down, your investment is at risk.

It all raises too many questions. Can you be sure the bank doesn’t front-run its customers? How safe are the fund’s holdings? Is the fund protected by adequate insurance? Is the custodian bank trustworthy enough to safeguard the gold?

The best reason to own gold is as a hedge against risk. It can be your last line of defense in an economic crisis—a form of wealth insurance, if you will. But since gold ETFs are part of the very banking system you need protection from, you must ask yourself if they serve one of the primary purposes for owning gold.

In a period of financial crisis, the risks inherent in holding GLD would only rise. In fact, the frequency and severity of counterparty risks with gold ETFs are already rising.

When you consider how these ETFs function, the problem of counterparties quickly becomes apparent:

The Custodian

When you invest in GLD, you buy shares through an Authorized Participant, which is usually a large financial institution responsible for obtaining the underlying assets necessary to create ETF shares.

When it does so, it is buying shares in the fund’s trustee, the SPDR Gold Trust. The trustee then uses a custodian (HSBC) to source and store the gold for it.

Trust in the custodian is paramount: If you’re buying gold as a hedge against a failure in the financial system, you must be confident that the custodian would not be impaired if a crisis were to happen.

As HSBC is one of the world’s largest banks, you simply don’t have that assurance. If there’s a systemic disruption, your GLD shares would likely be negatively affected.

The Sub-Custodian

Custodians like HSBC can use sub-custodians, such as another bank, to source and store gold. So in addition to the risk you assume with the fund’s primary custodian, you’re now exposed to even more risk because it has added another counterparty.

The Trustee

There are no written contractual agreements between sub-custodians and the trustees or the custodians, which means if a sub-custodian drops the ball, the ability of the trustee or the custodian to take legal action is limited.

This leaves the trustee on the hook for any negligence. But trustees don’t insure the gold for gross negligence; they leave that to the custodian, who secures limited general insurance coverage for the contents of the vaults. The value of the gold in the vaults is likely to be much greater than this limited policy would cover.

What this all boils down to is that if anything happens to any of the counterparties, you’re the one who loses. And you have zero recourse.

How GLD’s Custodian Laundered Billions of Dollars

To fully understand how quickly the security of your investment can be called into question, you don’t need to look any further than the GLD ETF.

The fund’s custodian, HSBC, which sources and stores its gold, has a sordid history of unethical behavior.

Here’s a look at HSBC’s Rap Sheet:
•fined $1.92 billion for violating laws designed to prevent money laundering and other illegal financial activity
•allowed drug traffickers to launder billions of dollars in the US, and billions more across borders to countries facing sanctions, including terror-ridden Libya
•admitted to gross violations of the Bank Secrecy Act, including failure to establish and maintain an effective anti-money-laundering program, failure to establish due diligence, and involvement in the laundering of over $881 million
•accepted $15 billion in cash across the bank’s counters in Mexico, Russia, and other countries
•paid a $275 million penalty to settle with the Commodity Futures Trading Commission for manipulation of benchmark rates used in the foreign exchange markets
•fined $470 million for abusive mortgage practices during the 2008 crisis
•faces criminal investigations in the US, France, Belgium, and Argentina for helping wealthy clients across the world evade hundreds of millions of pounds worth of taxes

Would you trust this bank with your investment?

And HSBC isn’t the only entity putting investors’ money at risk. In 2016, BlackRock, the sponsor of the gold ETF iShares Gold Trust (IAU) sold $296 million in unregistered shares of an exchange-traded fund. The fund’s management essentially lost administrative control over the fund and violated SEC regulations.

The really scary part? Watchdog agencies were asleep at the wheel. The situation only came to light because BlackRock itself alerted the SEC. Investors who bought and resold the unregistered shares may have the right to sue for damages and interest.

The Case for Physical Gold

Gold funds like the GLD ETF clearly don’t offer the level of safety people expect, especially during times of economic downturn or other financial turmoil. This is why serious investors who are looking to put protections in place for their portfolios prefer gold bullion.

Gold bullion refers to specific pieces of physical metal held in your name and title. It is not a paper proxy for gold, but the real thing—and you own it outright.

When you own gold bullion, you can never suffer a default. There’s no counterparty to make good on a paper contract. Once you buy gold bullion, it’s yours, and it doesn’t require the backing of any bank, government, or brokerage firm.

Physical gold offers advantages that GLD can’t. In addition to hedging risk, gold also has specific physical attributes that make it highly valuable, and is an excellent wealth and portfolio diversifier. No other asset has all of these intrinsic financial traits:

Gold is…
•Liquid – easily convertible to cash
•Portable – you can hold $50,000 in a small coin tube
•Divisible – splitting up diamonds changes their value
•Durable – how long would wheat last as money?
•Consistent – one piece of real estate is always different than another
•Convenient – copper coins of sufficient value would be too bulky and heavy
•Value dense – high value held in a small quantity
•Private and confidential – you control who knows you own it

Gold has been considered valuable for thousands of years, and it will always have value. No matter what the social, political, or financial climate has been in the world, gold has never gone to zero or defrauded an investor. It is the ultimate form of money.

A New Way to Invest in Physical Gold

The old way of buying gold bullion involved sourcing a dealer, a storage facility, and coordinating insurance, shipping, and delivery. Fortunately for investors, online platforms now exist that make buying gold as easy and convenient as trading GLD ETFs.

Investors can purchase and store gold bullion with ease using full-service investing programs that streamline everything under one roof, like Hard Assets Alliance’s SMARTMETALS® platform. These types of platforms let you buy and sell gold bullion 24/7 and manage your trading account entirely online.

Here are some of the other benefits of trading bullion on an online platform:
•A focus on sovereign minted coins and bars
•24/7 trading and account management makes precious metals investing as easy as trading gold ETFs like GLD
•Volume pricing due to a shared trading platform with institutional investors
•The option to automate purchases lets you dollar-cost average into your position instead of chasing the market
•Availability of fully allocated, non-bank, third-party storage (a buy-and-store program) saves you from having to source vaults and coordinate delivery yourself
•Fully integrated gold IRA programs let you buy gold online, arrange storage, and assign custodial services in one simple transaction

Investors can choose to store their metal, take delivery, or sell at will. There’s no middle man, and no counterparty risk—just direct ownership of gold bullion, stored safely and fully insured.

Final Thoughts

Owning gold is an excellent way to diversify a portfolio. It protects against all kinds of catastrophe, and guards against inflation and deflation.

But the form of gold you buy can make all the difference in how well your investment performs for you. At the end of the day, your choice is to own the real thing or a paper proxy. With the emergence of new online trading platforms, investing in gold bullion is now just as simple as buying an ETF.

With ease, convenience, and automation, there’s no excuse not to make an allocation to physical gold.

ipso facto @ 10:39 All I can get on that Forbes site is “Ad Block Detected”

Posted by silverngold @ 11:22 on March 27, 2017  

And I’m not going to whitelist them or anybody else. Can you copy/paste the article?

I am always amazed how otherwise very intelligent investors can’t see they are killing themselves and all other investors by using the ETF’s because they are easy. This is the equivalent of hiring the local pedophile to babysit your children because he lives next door and is easy and convenient to hire. How can ANYONE be so blind?? ETF’s are the reason the markets are now so rigged. They are nothing but a slushfund for the banks etc that own them to use your investment money against you to control any and all markets. Notice that none of them say they invest your money into what you are hoping will go up. They all only say they TRACK the underlying sector, and in fact they can use your money to SHORT the sector if they wish to, thus completely cancelling your efforts.

I know you realize this Ipso so I’m not ranting to you, but I wish all the others that use the ETF’s would WAKE THE F–K UP to why the Precious Metals are so depressed and not able to get any traction. They themselves are responsible for for it.

Wake Up People!!

Comments on a ZH “Banks Crashing” article

Posted by Richard640 @ 10:51 on March 27, 2017  

Nothing’s “crashing”. The counterfeting safety net is always there to bail them out. The end will comes gradually with insidious inflation – boiling the frogs to death slowly rather than scalding them quickly.

Don’t fret. Our FED overloards slept in this morning. They’ll fix it after they’ve had some coffee so us tax-slaves/fiat-currency-slaves will have nothing to worry about by noon.

“The banks have a stronger financial footing now than at any other time in history thanks to some of the things………….blah, blah, blah…….”

Fear not, the FDIC has your back.

LOL!!! Bullshit. Let us know when these banks are down to 25% of their “all time high”.

My guess is that the PPT will have them all made whole again by 3:30 PM. (after the trading desks have booked all those profits from being short at the open of course)

Re Abnormal PMs Action

Posted by Mr.Copper @ 10:49 on March 27, 2017  

If we are looking at real natural market forces, this would suggest investors are taking a new safer stance and selling shares and taking possession of physical Gold.

HealthCare Like EDUCATION

Posted by Ororeef @ 10:43 on March 27, 2017  

is no longer worth the Cost .If you have to go into debt for the rest of your life and PAY without end it now becomes feasable to live without the DEBT and a lower income at a better standard of living than with HealthCare ,Education,and the DEBT .  Why do I need it when education gets me a job paying $20.00 per hour and HealthCare dosent pay a dime until I shell out the First $15,000 and that after I pay the $600 per month for that privilege.  I simply change my name to Mohammad or Jesus’ and apply for a Green Card.  Interesting how those TWO have become the namesake of the Freeloaders who neither till the fields nor tend the flock but live like the birds finding seeds in Horse Manure .!  Where are they going to deport me to ..I was born here ,my family came here legally . ?  Why do I need the DEBT ,what does it get ME ? better not to be indebted to the Banksters who live off the sweat of others and dont produce anything of value or anything anyone is willing to pay for voluntarily.

Bankster …get a JOB ..we are done ! Go join the birds for your food !

GLD vs. Physical Gold: Which Is The Better Investment Now?

Posted by ipso facto @ 10:39 on March 27, 2017  

Gold ETFs are rising in popularity due to their convenience. They’re easy to trade, there’s no need to store anything, and no one is going to break into your house to steal your GLD shares.

But there are a lot of hidden dangers inherent in the structure and operation of gold ETFs that few investors are aware of—and these risks are more pronounced than ever, as the threat of another financial crisis is always around the corner.

Considering the public’s waning trust in the banking system, many investors find themselves wondering how GLD stacks up to owning the real thing. When you look at both assets more closely, it’s clear that gold ETFs and gold bullion are very different investments.

cont. https://www.forbes.com/sites/oliviergarret/2017/03/22/gld-vs-physical-gold-which-is-the-better-investment-now/#30421d682a0b

MADDOG=My jaw just dropped–CDE up a penny with silver up 29 cents-I think PMs are a buy right now

Posted by Richard640 @ 10:33 on March 27, 2017  

this business with silver stocks and my beloved JNUG is probably just the calm in the eye of the storm [today].i expect new highs in gold and silver and the hui & XAU to finish the day strongly…and stocks down 200+…JMO DYOD

Mr. Copper-Ye Olde Dunking [aka ducking] Stool-I am surprised gold isn’t up $20-$25 already-luckily I didn’t buy ear on as planned.

Posted by Richard640 @ 10:26 on March 27, 2017  

noun
1.a former instrument of punishment consisting of a chair in which an offender was tied to be plunged into water.

In 1741, old Rugby paid 2s 4d for a chair for the ducking stool.

Good luck collecting

Posted by ipso facto @ 10:19 on March 27, 2017  

U.S. court upholds award to miner Crystallex in Venezuela dispute

CARACAS, March 27 (Reuters) – A U.S. court has upheld an award by a World Bank Tribunal that orders Venezuela to pay more than $1 billion to Canadian mining company Crystallex, paving the way for the firm to seize assets for the 2008 expropriation of the Las Cristinas gold project.

The tribunal known as the International Centre for Settlement of Investment Disputes (ICSID) last year ordered Venezuela to pay Crystallex $1.2 billion plus accrued interest, which adds an additional $200 million for a total of $1.4 billion.

http://finance.yahoo.com/news/u-court-upholds-award-miner-140731738.html

Mr. Copper

Posted by Buygold @ 10:18 on March 27, 2017  

Yep. Same old crap. We’ll be lucky to finish up on the day.

Two assaults so far, the third one will probably do the trick.

Gold has given up half its’ gains even though the USD hasn’t moved higher.

No sir, no scum action here…honest.

Posted by Maddog @ 10:08 on March 27, 2017  

Then why is the Hui on the lows and the SM on the Hi’s??????

PAAS is down 0.3 % !!!!!!!

What odds that Hui ends 1st hour on it’s low…..it is the only mkt that does this, opens up and then sells off hard for 1st hour or more.

Buygold @ 9:51

Posted by Mr.Copper @ 10:01 on March 27, 2017  

This is real bull crap. A 1% move in gold? A 2% move in Silver? We should be seeing %5 to 15% moves today. The bums had to do something. Maybe the plunge protection team is blending the PMs gains with the general market losses to support the computer generated indices numbers a little.

Re New “Action” With Miners

Posted by Mr.Copper @ 9:53 on March 27, 2017  

It looks like, since we all are used to dealing with crazy Futures prices type action, to maintain the past action, or something similar, we may need to try UGLD or USLV type shares.

Here comes the first assault

Posted by Buygold @ 9:51 on March 27, 2017  

tapping NEM on the shoulder and saying nope

Gold Finally Back To The Feb High, But None Of The Miners Are Even Close

Posted by Mr.Copper @ 9:43 on March 27, 2017  

These PMs prices should be a lot higher with a $15 jump in gold. I swear, they changed something or reprogrammed the electronic robotic market makers. The first half of 2016 for example, many miners like AG went $2 to $26, which really was crazy or exaggerated pricing on the upside connecting us to the COMEX futures. This time it looks like they anchored or programmed the PMs to respond with the Dow SnP.

And the HUI

Posted by deer79 @ 9:39 on March 27, 2017  

is Down?!?!?!?

goldielocks @ 1:01 Surfer Girl

Posted by Mr.Copper @ 9:21 on March 27, 2017  

Re your “Sunset Beach next to Huntington and Seal Beach”

I have a 1964, 9′ 6″ Jack Haley surf board made in Seal Beach. In the 1960s, a friend of mine found it floating in the Great South bay south of Massapequa NY while fishing.

Who is the Angry Geologist?

Posted by ipso facto @ 9:20 on March 27, 2017  

http://www.globalminingobserver.com/the-angry-geologist-180

PS This guy is well worth reading. Knows his stuff. IMO

facto @ 23:26 re Recent earnings of the mining companies

Posted by Mr.Copper @ 9:15 on March 27, 2017  

The last quarter of 2016, gold and silver prices were very low. $1140 AU and $16 AU.

Finally We’re Back To The Feb High In Gold. Why Do They Keep Dunking Us Like That?

Posted by Mr.Copper @ 9:11 on March 27, 2017  

They must consider Gold Silver investors witches or something. 🙂

Good Morning Oasis

Posted by ipso facto @ 9:07 on March 27, 2017  

Acacia Mining: Tanzania ban costs $1 mln daily in revenue

http://finance.yahoo.com/news/acacia-says-tanzania-ore-export-084804660.html

Luna Gold Securityholders and JDL Gold Shareholders Approve Merger to Form Trek Mining Inc.

http://finance.yahoo.com/news/luna-gold-securityholders-jdl-gold-202058067.html

Dalradian reports 2016 financial results

http://finance.yahoo.com/news/dalradian-reports-2016-financial-results-060000648.html

Golden Dawn Minerals Announces Filing of Preliminary Short-Form Prospectus

http://finance.yahoo.com/news/golden-dawn-minerals-announces-filing-090000972.html

Victoria Gold Awards Engineering for the Eagle Project to JDS/Hatch Team

http://finance.yahoo.com/news/victoria-gold-awards-engineering-eagle-100000317.html

Endeavour Silver Reports Initial NI 43-101 Mineral Resource Estimate and Preliminary Economic Assessment for El Compas Mine, Zacatecas, Mexico

http://finance.yahoo.com/news/endeavour-silver-reports-initial-ni-105500268.html

Silver Standard Announces Proposed Name Change to SSR Mining

http://finance.yahoo.com/news/silver-standard-announces-proposed-name-110000724.html

Osisko Closes Exploration Earn-In Agreement With Barrick on Kan

http://finance.yahoo.com/news/osisko-closes-exploration-earn-agreement-120000606.html

Dolly Varden’s Big Bulk Project Will Be Flown for a ZTEM Geophysical Survey in Conjunction With Hecla’s Kinskuch Project

http://finance.yahoo.com/news/dolly-vardens-big-bulk-project-130000599.html

The buck stops here? it is likely that the ‘big three’ trade expressions (longs in US Dollar US Banks and shorts in US Rates) are looking very exposed”

Posted by Richard640 @ 7:02 on March 27, 2017  

I offer for your delectation the following which confirms my thoughts** since the failed vote on Friday-

**[namely, how $ negative a neutered Trump agenda will be].

RBC Emergency Market Update: “Big Trouble For Consensus Trades”

Markets may not be turmoiling yet, but as per this “emergency” Sunday night “hot take” from RBC’s cross-asset head Charlie McElligott notes, things are certainly starting to break.

SPECIAL EDITION RBC Big Picture: BIG TROUBLE FOR CONSENSUS ‘REFLATION’ TRADES AS ‘FISCAL POLICY’ FEARS CONFIRMED

#HOTTAKE: ‘Risk-off’ in a sloppy Asian opening to start the week (ES1 -18 handles, $/Y -100pips to 110.34, UST 10Y ylds at 2.36), as markets digest the scope and viability of the US ‘fiscal policy’ narrative going-forward off the tremors of Friday’s failed healthcare repeal vote. “Reflation” themes were already staggering in recent weeks off-the-back of the recent the crude oil sell-off (and the implications for weakened ‘inflation expectations’)—but to now see the longer-term ‘US fiscal policy upside kicker’ looking especially threatened, it is likely that the ‘big three’ trade expressions (longs in US Dollar US Banks and shorts in US Rates) are looking very exposed for an acceleration of recent drawdowns (in conjunction with longs in HY, ‘cyclicals / defensives’ L/S pairs, equities ‘value’ factor, equities high beta, US equities small cap).

http://www.zerohedge.com/news/2017-03-26/rbc-emergency-market-update-big-trouble-consensus-trades

Buygold – thanks for your posts on the Klayman letter , etc.

Posted by Alex Valdor @ 5:51 on March 27, 2017  

I will be watching to see if Trey Gowdy does anything with it , and the whistleblower gets heard in the ongoing hearings , or whether the Grassley/Feingold junta can keep it hidden .

What is life expectancy for a deep state whistleblower otherwise ?

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