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

posted fiat price of an ounce of gold and I thought I should come onto this forum to check if you were pleased with the different Sunday opening price now showing.  Havent seen your approval yet but assuming you like the gold price action at this time when it usually is experiencing a knock-down at this time on a Sunday.  Looking OK to me.

I’m not a twitter (or Facebook) kinda guy but I should be able to pull up some info from Wictor.

We really live in amazing times. I like this Tony Shaffer guy and agree with him. We’ll see my friend.

“Much Worse Than Watergate”, Former CIA Officer Admits Trump ‘Wiretapping’ Likely True

The “basic fundamental idea and claim is true,” the ‘political appointees’ in the intelligence community knew exactly what they were surveilling for, Shaffer said, adding that the case is “much worse than Watergate by an order of magnitude.”

Those were some good stomping grounds, glad to hear they were yours as well!

Huntington Beach and Orange County in general have always bee a bastion of conservatism, I was just glad to see that march for Trump included some folks that just weren’t going to cower from the bullshit that these ANTIFA punks are doling out.

Believe it or not I lived about a half mile from Bolsa Chica and definitely would have been on that March with my police officer buddy from up the road. This is what we need to do, stand up for ourselves and Trump. Enough with these nutball snowflakes and those seeking to insight violence that are funded by Soro’s. I expect this will get worse and both sides larger.

Yes I know the Feinstein briefing was ostensibly about the Russia thing, but I don’t believe that is all that was covered. Why wouldn’t the DNC allow the FBI to secure their computer system? Trump tweeted about that: (“What about all of the contact with the Clinton campaign and the Russians? Also, is it true that the DNC would not let the FBI in to look?”) And he also tweeted that Obama is bad, or “sick,” for tapping his phones during the campaign. Interesting choice of words, no? Trump’s tweets are not random. I did read the Montgomery info you posted as well, but I think it’s naive to believe that Nunes knows more than Trump. It’s quite possible that Obama was using a private agency for his skullduggery.

If you are on Twitter at all I’d recommend checking out Thomas Wictor. Very insightful guy.

We tend to agree on a lot of things and Trump certainly isn’t stupid. I hope you’re right about Comey. I know Rogers went to Trump Tower after the election to presumably report on the survellience activities of the Obama administration of the Trump transition team.

Pretty wicked web they weave. The thing is that your video talks about the grim faces of Grassley and Feinstein regarding the Russia-Trump investigation, NOT the unmasking and subsequent leak. I don’t trust Grassley or Feinstein, maybe they are grim because there is no evidence of Trump collusion with Russia and they can’t hang him.

Please read the my earlier post where Larry Klayman gave Grassley the intel of the former CIA guy Montgomery. Grassley blew Klayman off and didn’t want to hear it. Grassley has been in the Senate forever, why wouldn’t he take that info and run with it and a chance to hang the Obozo administration?

This is a big swamp, and unfortunately guys like Ryan and McConnell, maybe Grassley, but certainly Feinstein are big creatures that need to be dealt with. If not, this will be a very long four years.

Going to watch your body language video now – thank you!

Here’s a video that analyses Comey and Rogers’ body language. Well worth the 20 minutes. I posted it a few days ago but maybe you missed it. The woman who does the analysis is very good.

https://www.youtube.com/watch?v=4ZhYpuJgj4E

You said “I watched Comey being questioned, he looks down and away as he’s being asked about Clapper, Brennan, Ben Rhoades, Susan Rice and Sally Yates. He’s lying, there’s absolutely no doubt about it. In the beginning of this clip.”

I don’t agree that he is lying. He is saying all that he can, given that the information is still classified at this time. All of this was explained at the beginning of the hearing. Nevertheless, his body language does reveal much. Comey really is working for Trump, and Trump kept him on for a reason. Trump is not stupid, as you know. Comey gave a briefing to Grassley and Feinstein last week, after which Feinstein looked like she had seen a ghost. Comey certainly briefed them on some very dirty deeds by Obama. I think it will all come out, and very soon.

http://www.rawstory.com/2017/03/senate-intel-leaders-feinstein-and-grassley-grim-and-silent-after-trump-russia-briefings-with-comey/

Looks like we collided at the same time.  Great minds think alike.

I’m really happy to see Trump acknowledge Pirro.  She can really rip into the establishment.

https://www.youtube.com/watch?v=HSDrQYfnWEc

Looks like he’s got his own media attack dog now.  Let ‘er rip!

http://www.zerohedge.com/news/2017-03-26/trump-endorses-fox-news-host-call-paul-ryan-resign

My old stomping grounds too. Good to see not all left after decades of open borders. Repubs are making a mess out of repealing O care with no reformed replacement. The old system has been dismantled is part of the problem. They can’t just get rid of mandates without getting rid of the subsidies that brought the prices up in the first place. Just like student loans and banker brought college costs up. Why charge this much when Gov will give them that much. That’s the key to why the prices went up after O care was even introduced. Greed as usual.

a nice beatdown was in order.

https://youtu.be/qfo3iYBjh0M

I’d like to watch the video but get the message “this video is private”. I wonder if it is because I live in Canada or if it has already been taken down??????? I agree that body language is a dead giveaway that can hardly be disguised, especially when lying.

Edit: A refresh finally brought it in. Thanks!

That’s a great article. I liked this line:

“Look into Trey Gowdy’s eyes as he questions Comey and Admiral Rogers, he knows, and they know he knows”

I watched Comey being questioned, he looks down and away as he’s being asked about Clapper, Brennan, Ben Rhoades, Susan Rice and Sally Yates. He’s lying, there’s absolutely no doubt about it. In the beginning of this clip.

https://youtu.be/d6zW4VIyo48

Does it involve Smurfs?

http://www.freedomwatchusa.org/pdf/170321-Final%20Whistleblower%20Letter.pdf

This is a tough swamp to drain. No wonder they were so afraid of Trump

Dead Men Walking Vis-à-vis The Silver Price?
Ted Butler
March 23, 2017

The narrative thus far – after decades of allowing themselves to be led in and out of COMEX silver futures contracts by their commercial counterparties, several managed money traders appear to have woken up to the fact they’ve been duped all along. A key component of the silver manipulation for the past 30 years has been the knee-jerk and mechanical reaction of the managed money traders to collectively sell whenever the commercials rigged prices lower beyond certain moving averages. Ditto for buying on rising prices.

The dependability of the managed money technical funds to obey commercially rigged price signals made the funds the true enablers of the manipulation. The commercials, mostly domestic and foreign banks, made their profits by getting the technical funds to buy high and sell low. Without the technical funds to maneuver at will, the commercials would have little reason to prolong the silver manipulation.

So obvious had become the continued whipsawing of the managed money traders by the commercials that a near-universal question emerged – “why are these technical funds engaging it such a bizarre and harmful (to their investors) game?” I’ve heard from more than one reader that there must be some kind of collusion between the technical funds and the commercials, featuring under the table payments to the technical funds by the commercials to continue deliberately losing. While I understand and empathize with the logic of such an explanation, given the nearly inexplicable behavior of the technical funds, I don’t see such collusion, as I’ve tried to explain over the years. I certainly see collusion, just not on the part of managed money traders to deliberately lose.

Nowhere is the price influence of the continuing contest between the managed money traders and the commercials more pronounced than it is in COMEX silver. That’s what led me to conclude the price of silver was manipulated more than 30 years ago. And while it is now true that this same price influence has come to infect just about all our markets, silver still maintains a unique role as being the most manipulated market of all. Not just because it was the first such market to be manipulated by futures positioning, but that has something to do with it. Being first means that silver has been manipulated in this manner for far longer than any other market and, as such, its price is necessarily more artificial. More to the point is that the objective relative measures involving actual production and consumption and real world supplies always feature silver at a much different level than any other commodity.

So extreme has become the size of the derivatives trade in silver compared to actual metal in the world and the fact that it has lasted so long (decades) that perhaps it’s no great surprise that, if the managed money traders were ever going to wake up to the realization they were being gamed; then they would likely first see it in silver. Should the managed money traders come to such a realization and radically alter their behavior, then there should be strong signs indicating such a change. Those strong signs abound and have been discussed on these pages.

First came the start of a buildup in core non-technical fund managed money long positions in COMEX silver, starting around three years ago. I define these positions as not being governed by price change, meaning such longs are not sold on price selloffs and, therefore, are not technical in nature. In simple terms, the core long position is the amount of long positions remaining after significant price declines. From the time the COT data started tracking managed money traders around 2009 until the fall of 2013, the long position of managed money traders in COMEX silver rarely fell below the 20,000 contract level at the depths of price declines. Again, what’s remaining long in the managed money category at the end of significant silver price declines is the core non-technical fund long position. For the rest, go to:

http://www.silver-phoenix500.com/article/dead-men-walking-vis-à-vis-silver-price

Russia Readies Back-Up System For Potential “Split With International Banking System”

The grand order of things could be undergoing some major overhauls. To put it more bluntly, a war to reset the global financial order is about to be unleashed.

Bonds…
If I don’t like stocks, what about bonds. While short-term rates have been moving higher, longer-term rates have been trading in a narrow trading range for quite some time, frustrating both bulls and bears. Bonds are often said to perform well when stock prices plunge, but don’t count on it: first, even the historic correlation is not stable. But more importantly, when we talk with investors, many of them have been reaching for yield. We see sophisticated investors, including institutional investors, provide direct lending services to a variety of groups. What they all have in common is that yields are higher than what you would get in a traditional bond investment. While the pitches for those investments are compelling, it doesn’t change the fact that high yield investments, in our analysis, tend to be more correlated with risk assets, i.e. with equities, especially in an equity bear market. Differently said: don’t call yourself diversified if your portfolio consists of stocks and high yielding junk bonds. I gather that readers investing in such bonds think it doesn’t affect them; let me try to caution them that some master-limited partnership investments in the oil sector didn’t work out so well, either.

Gold…
I have argued for some time that the main competitor to the price of gold is cash that pays a high real rate of return. That is, if investors get compensated for holding cash, they may not have the need for a brick that has no income and costs a bit to hold.

After the election, we believe the price of gold came down as the market priced in higher real interest rates in anticipation of lower regulations. We indicated that this euphoria will cede to realism, meaning that regulations might not be cut quite as much. We also suggested that any fiscal stimulus on the backdrop of low employment may be inflationary. That is, expectations of higher real rates might be replaced with expectations of higher nominal rates; net, bonds might not change all that much, but the price of gold may well rise in that environment.

Add the Fed to the picture, having raised rates twice now since the election. We have argued that the Fed is and continues to be ‘behind the curve,’ i.e. is raising rates more slowly than inflationary pressures are building. We believe the Fed is petrified that they might have to go down back to QE when the next recession comes and, as a result, has been very slow in raising rates. Indeed, we believe the Fed will only raise rates if the market delivers a rate hike on a silver platter, i.e. the markets are “behaving” (no taper tantrum). As such, let me make this prediction: if the S&P 500 is up 20% from current levels this October, odds are we will get more rate hikes than are currently priced in; conversely, if the S&P 500 is down 20% from current levels this October, odds are we will get fewer rate hikes than are currently priced in. If you are rolling your eyes that this isn’t too ingenious, I would like to remind readers that this isn’t supposed to be the yard stick the Fed should be using. We believe the Fed is a hostage of the market. Paraphrasing a former Fed official who shall remain unnamed, he indicated to me that the Fed wouldn’t care how the S&P reacts to an FOMC decision, unless, they created a bubble.

The Dollar…
What about the greenback? The dollar index (DXY) was up four years in a row. Year-to-date, however, the index is down despite the recent rate hikes. It shows that everything is relative to what is priced in already. A key reason we believe the dollar may have seen its peak is because of the Fed’s unwillingness to get ‘ahead of the curve’. Not with Janet Yellen, at least. Her term as Chair is running out next January; we wouldn’t be surprised if she is replaced with Kevin Warsh. He was a Fed governor during the financial crisis; he has since published a variety of OpEds, criticizing the Fed. He has also been on one of President Trump’s economic round tables. If he indeed succeeds Yellen (there are other names being mentioned; we just happen to think that at this stage, he best fits the profile of what Trump may be looking for), he has indicated that the reason why Fed officials are appointed for many years is so they don’t have to worry how markets react to policy decisions. That’s a stoic attitude, but reality (called “deteriorating financial conditions”) may well change his mind should he become Fed Chair and try to raise rates more aggressively.

Aside from real interest rates, when it comes to the dollar, it is worth paying attention to trade policy. So-called experts had predicted a 20% surge in the dollar based on the “border adjustment tax” in the GOP House tax plan. Except that surge hasn’t happened. Maybe the plan is dead. Maybe the plan’s market impact will be different. Our take is: if you introduce barriers to trade, we believe currencies of countries with current account deficits tend to suffer. The greenback qualifies, and the recent decline coincides with more protectionist talk coming from the Trump administration.

With Trump in office, establishment elites do have a perfect opportunity to sow fiscal chaos and scapegoat conservatives in the process.