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

This morning’s sun glints off the Gemini telescope dome atop Mauna Kea.  It’s Friday…   I’m outta here!

I see three highs, 125 in ’85, then 120 high in 2001, 104 high in 2016. 80 low in 1991, 72 low in 2007. Where is the next low going to be? Will we see a 60 or lower Dollar Index in a few years???

http://www.mrci.com/pdf/dx.pdf

IF Is a big word. That’s their disclaimer, IF. If the Queen had balls She’d be King. 🙂 If Janet Yellin had BALLS, she’d have raised the rates long ago. She has no balls.

Shorting should be against the law, or create a way of shorting our neighbors house. Both or nothing. Can you imagine the ability to borrow and sell your neighbors house into a strong market, in spring and summer, and then buy it back low in the dead of winter, give the deed back and keep the profit?

One time years ago, I noticed Schwab deposited $50 cash in my account. I phoned them to find out why? They said, because I have a margin account, and I can borrow from THEM, they are allowed to borrow my shares and give them to a short seller.

The $50 was my dividend that went, I don’t remember where, while my shares were loaned out, and Schwab was obligated give the $50 to me.

I hear Janet Yellin on at 1:00 eastern time. They keep saying they will raise rates, to get the psychological effect of higher rates, without raising the rates. Like Trump once said…”Why would you announce to the world something you want to do, before you do it?” “Then the enemy adjusts or gets ready ahead of time” or something like that.

Can you remember the days when the dirt bag Bankers would announce a planned BIG sale of Gold bullion BEFORE the effin sale??? And knock the price DOWN first??? The scumbags were probably doing that so a partner bank or foreign bank could buy it below market prices.

I believe we can still legally bash and use hate talk against banks. No hate crime legislation YET to prevent discrimination and prejudice against those cheaters robbers manipulators etc.

take a look at Silver from last February 2016  and feb 2017   Hardly anything !

some think its the cost of commissions thats the problem,so they lower it from $7 to$6  …I got news for them  thats not the problem !

Its the lack of FREE MARKETS ..free of manipulation …Everyone should stop trading until its fixed ..either buy bullion and put it under the mattress or buy AU &Ag shares and put them under the mattress until its fixed…  I trade very little …I used to trade a lot  ..sometimes 10,ooo share lots and thats when commissions were about 2 % of the gross  !  I made more money paying $150.00 commissions then now paying $6.00 commissions ….  Brokerage Firms need to organize against this problem..not against their customers ,but against the crooks manipulating markets  …STOP ALL SHORT SELLING until ITS FIXED  ..thats their MAIN tool …deny it to them.I can live without shorts ,so can you  !   DEMAND an END to ALL SHORTING until free markets are restored ..!

STOP the BANKS from trading for their own ACCOUNT  ! NOW!

Somehow I suspect you’ll get your “Do Something” action when Mr. Yellen speaks.

Probably won’t be good except for maybe your JDST hedge…

At least the shares aren’t waterfalling yet today. Hopefully that’s an indication that the downside might be limited. Considering the way the metals are being drip sold since the open, the shares look OK in a down SM.

“Gonna stand under an outside waterfall….it’s more fun.”

try this one, it’s the overflow from a hot spring.  kirkham spring, northeast of lowman, idaho.

Today’s action of a little dribble up, a little dribble down….its driving me nuts. An old motto of mine, ” Do Something, Right or Wrong, Just Do Something !” 🙂

Congrats to the new addition to the ‘Eagle Tribe’ !!

Best wishes to you, and mom, and the new one. Hope all are doing well.

Gonna stand under an outside waterfall….it’s more fun.

$8K out of pocket with Obozo’s forced insurance about 3 years ago. People can also buy plans less than Obozo bronze plan, you just have to sign your life away. You can claim financial hardships for plans like this that cost about $5K a year for a family of 4, but that’s w/ $5K deductible for each person. They also thieved us by making the baby insured under my policy from pregnancy until the first 30 days, and then forced the baby to be covered under the mother after the first 30 days (double deductables). People told me that was wrong to have happened like that, but how can I lawyer up against the machine?

Worth a “Hail Mary”?

Was $4.50 less than two years ago, now at $.60.

They have a work stoppage that will undoubtedly get resolved and some tax issues with Mexican Gov’t. I don’t think they’re going BK but I didn’t think that about a lot of them..

.

One of my better performers, until the latest drubbing, but not too bad considering some of the other silver miners.

Going to be looking to pick up EXK soon. That is way overdone IMHO.

Funny thing, Santelli said the USD is exactly where it started the year. Go Figure.

Hoping 185 HUI holds and we don’t have to go all the way back to 160 FWIW

The ObamaCare quandary. A fiasco for sure. Under it, not uncommonly, a family pays $12,000-a-year for a policy that carries a $5,000 deductible. = The cruel and idiotic injustice of such a set-up could only happen in a society that has normalized pervasive lying, universal accounting fraud, and corporate racketeering. I personally doubt the existing health care system can be reformed. Anyway, we’re starting in the wrong place with it.

The part that nobody talks about is the psychopathic pricing system that drives medicine. The average cost for a normal (non-surgical) hospital childbirth in America these days is $10,000. WTF? An appendectomy: between $9,000 and $20,000 depending on where. WTF? These days, a hip replacement runs about $38,000. Of course, you will never find out what a treatment or procedure costs before-the-fact. They simply won’t tell you. They’ll say something utterly ridiculous like, “we just don’t know.”

You’ll find out when the bills roll in. Last time I had a hip replacement, I received a single line-item hospital charge report from the insurance company that said: “Room and board, 36 hours… $23,000.” Say what? This was apart from the surgeon’s bill and the cost of the metal implant, just for occupying a bed for a day and a half pending discharge. They didn’t do a damn thing besides take my blood pressure and temperature a dozen times, and give me a few hydrocodone pills.

The ugly truth, readers, is that medicine in the USA is a hostage racket. They have you in a tight spot at a weak moment and they extract maximum payment to allow you to get on with your life, with no meaningful correlation to services rendered — just whatever they could get. Until these racketeers are compelled under law to post their prices openly and transparently, no amount of tweaking the role of insurers or government policy will make any difference. Note, too, that there is a direct connection between the outrageous salaries of hospital executives and their non-transparent, dishonest, and extortionist pricing machinations. The pharma industry is, of course, a subsidiary racket and needs to be subject to the kind of treatment the Department of Justice used to dispense to the likes of the Teamsters Union.

The healthcare system probably will not be reformed, but rather will collapse, and when it does, it will reorganize itself in a way that barely resembles current practice. For one thing, citizens will have to gain control over their own disastrous behavior, especially their eating, or else suffer the consequences, namely an early death. Second, the hospital system must be decentralized so that localities are once again served by small hospitals and clinics. The current system represents a mergers-and-acquisitions orgy that went berserk the past quarter century. The resulting administrative over-burden at every medical practice in the land is a perfectly designed fraud machine for enabling rackets. Preliminary verdict: congress will get nowhere in 2017 trying to fix this mess. Some things are too big to fail; some are too broken to fix. The coming debacle in finance, markets, and currencies will speed its demise.

Boos and catcalls rose from the Democratic side of the house chamber when Trump brought up the issue of immigration. Taking a position against the rule-of-law is an argument that the Democratic Party is not likely to win. It seems a cynical ploy to pander to a burgeoning Hispanic voter base, combined with a sentimental crypto-religious belief that any effort to regulate immigration is un-American. In any case, they act like people who are unable to think clearly. Trump can to some degree act independently of congress on the enforcement side of existing law, and apparently he intends to do that. Can his opponents find a position on the issue that is not cynical, sentimental, or hysterical? If not, it may be another factor in the death of the Democratic party.

Trump appears eager to continue the idiotic war on drugs that has the effect of making that traffic into an even more deadly and destructive criminal racket. It has already turned millions of small-timers into felon pariahs who can’t find any other employment when they get out of jail even if they want to try. The growing disparity between state and federal law on marijuana, for one thing, is a dangerous legal contradiction that could lead to other failures of federalism. Sanctuary cities is another one. Before long, federal law becomes meaningless and, voila, so does the United States of America. We better get our heads straight on this.

I also cringed when Trump trumpeted the supernatural rise in the stock markets since his election. Looks like a dangerous blow-off topping event to me, the ugly climax to the era of anything-goes-and-nothing-matters. Apparently, he’s unacquainted with the history of stock markets and their tell-tale behaviors. Beyond the markets, grave problems with currencies and banks await an epochal readjustment in the value and price of everything. The event could easily shut down the global banking system for a period of time, and it’s liable to be an interruption that advanced economies can’t recover from — but only re-start at a much lower level of activity and complexity than what we’re used to. Nobody can calculate the cost of that disorder and Trump is cruising into that implacable wall of woe at ramming speed. I don’t think he’ll survive it in office.

* * *KUNSTLER TODAY

This is NOT a bullish divergence!

With breathless anticipation I await her Majesty’s words. Stepping into a pair of Depends now. 🙂

The Joburg township where outlaws make the rules

Illegal gold mining is what sustains Lindelane, to the east of Joburg.

The Joburg township where outlaws make the rules

Think you’re pretty much spot on with your analysis. The shares led the way down and they’ll let us know when the beating in the metals have ended.

Yesterday’s silver raid couldn’t have been more telegraphed, I was just too stupid to short it beforehand.

http://www.globalminingobserver.com/inca-kola-news-179

Guess I am adding enough JDST this morning to get the trading account ‘Neutral’, and then just sit back and let the market do it’s thing.

Thanks for setting me straight on the culprits. 🙂

Guyana Goldfields Inc. Aurora Gold Mine Continues to Achieve New Records and Produces 27,994 Ounces of Gold YTD 2017

http://finance.yahoo.com/news/guyana-goldfields-inc-aurora-gold-210000327.html

Eric Sprott Completes $2 million Strategic Investment in Northern Superior as part of the First Closing of Northern Superior’s $4.5 million offering of Units and Flow Through Shares

http://finance.yahoo.com/news/eric-sprott-completes-2-million-213000941.html

Santacruz Silver Announces Agreement to Assign San Felipe Project to Americas Silver Corporation

http://finance.yahoo.com/news/santacruz-silver-announces-agreement-assign-223800503.html

K92 Mining Files Updated Independent Technical Report, Mineral Resource Estimate Update & Preliminary Economic Assessment of Irumafimpa & Kora Gold Deposits, Kainantu Project, Papua New Guinea

http://finance.yahoo.com/news/k92-mining-files-updated-independent-004306756.html

Goldgroup Announces Increased Gold Production in 2016 With Continued Expansion in 2017

http://finance.yahoo.com/news/goldgroup-announces-increased-gold-production-011100825.html

Dominican Republic’s Government Upholds Unigold’s Exclusive Rights to apply for the Neita Exploration Concession

http://finance.yahoo.com/news/dominican-republics-government-upholds-unigolds-024443891.html

U.S. extends scrutiny of U.S. miner takeover by S.Africa’s Sibanye

http://finance.yahoo.com/news/u-extends-scrutiny-u-miner-102546669.html

IAMGOLD Announces Launch of $500 Million Senior Notes Offering

http://finance.yahoo.com/news/iamgold-announces-launch-500-million-115400164.html

Anaconda Mining and Orex Exploration Execute Arrangement Agreement

http://finance.yahoo.com/news/anaconda-mining-orex-exploration-execute-120000283.html

Aquila Resources files fourth quarter and year end 2016 results

http://finance.yahoo.com/news/aquila-resources-files-fourth-quarter-130000309.html

Annual World Exploration Trends report reveals global mining exploration recovering from 2016 low

http://finance.yahoo.com/news/annual-world-exploration-trends-report-132600261.html