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

LOOKS LIKE nyse TOP IS IN !

Posted by Ororeef @ 11:27 on July 28, 2017  

advdcl-top

Buygold @ 10:20 re KLGDF

Posted by Mr.Copper @ 11:17 on July 28, 2017  

It looks good. I never heard of Kirkland Gold before. Nobody here ever mentioned it. When and where did you discover it?

FWIW: HEADS WILL ROLL: THE EMAIL THAT JUST LEAKED ABOUT NANCY PELOSI WILL BRING HER DOWN FOR GOOD

Posted by silverngold @ 11:07 on July 28, 2017  

Interesting end to this video starts at just past 5 minute mark re:gold and silver.

https://youtu.be/0WZ6ZRD4eXY

Farmboy

Posted by Buygold @ 10:20 on July 28, 2017  

My Kirkland Lake has broken above $10 now. Pullback have been short and sweet for a long time.

Hi Richard

Posted by Buygold @ 10:18 on July 28, 2017  

I saw your post on the VIX and Gundlach, I posted the Gundlach piece last night too. He’s not a guy I’d bet against.

As far as the Repubs and Dems. I dunno, the only thing that has become clear for all to see is that most of them are in cahoots and owned by the globalists and there big money minions.

Honestly, I think this SM is immune to anything that happens in congress or the US Gov’t. The ESF is not going to let it fall or fall much – at least for now.

No markets, just manipulations, and it’s so easy to see – especially in the metals as they appear immune to the drift down in the USD.

Maddog

Posted by Buygold @ 10:08 on July 28, 2017  

Hard to imagine a 2nd wave correction of that magnitude without some type of catalyst.

The scum would need a massive excuse for letting that happen IMHO

You can sure see the same old games being played in the pm sector, as you mentioned NEM. GLD and SLV being sat on.

Although I am seeing the VIX at the highs of the day.

buygold-it’s Richard-I posted about the VIX, not Farmboy-but anyway, I agree that

Posted by Richard640 @ 10:07 on July 28, 2017  

playing the VIX is risky…If I did, though, I would play VXX not the one u mentioned…I am wondering if the dissaray of the republicans and the success of the democrats in sabotaging their agenda, would be having a larger effect on investor confidence than WALL ST realizes?

Buygold

Posted by ipso facto @ 10:04 on July 28, 2017  

As long as we can go to the grocery store and pick up a loaf of bread and a dozen eggs … as long as hungry people haven’t looted it and burned it down … we’ll be Ok. When the SM breaks for real it’s going to damage the dollar bigtime. Then we’ll see a real flood … a flood of “money.” A flood only second to Noah’s!

Buygold

Posted by Maddog @ 10:00 on July 28, 2017  

Re SM

Under E-wave rules…this SM move started at the 09 Lo’s and it is a 1st wave..the next big down is obviously a 2nd wave, they can correct nearly 100 % of the 1st wave..so u could see sub 7000 in the Dow, near 1000 Dog and sub 700 S&P, intra month.

CNBC would be like a morgue !!!!!!!

scum sitting on NEM tdy ….it’s unch to down !!!!

Posted by Maddog @ 9:52 on July 28, 2017  

doing their best to wreck any relationship between metal and shares.

Well Ipso

Posted by Buygold @ 9:51 on July 28, 2017  

Maybe it’s just my state of mind but it feels like something really bad is coming although it’s not apparent by the SM action.

I look at the Nasdaq, opens down 45 pts. now down 14 – amazing

I am afraid that what’s coming might be a little worse than just a correction in the SM

PS Otto thinks that Yamana’s debt is going to bite them in the as#

Posted by ipso facto @ 9:44 on July 28, 2017  

http://incakolanews.blogspot.com/

Buygold @ 9:22

Posted by ipso facto @ 9:41 on July 28, 2017  

“Looking forward to the Fall months” Me too! It sure seems like momentum has turned in our favor. Perhaps when the dollar firms then gold will be allowed to climb? I think the strength of the dollar is the cretins main concern.

Portugeezer @ 3:13

Posted by Mr.Copper @ 9:40 on July 28, 2017  

Good morning, and I thank you for the link.

Yamana bucks the trend and shows a loss

Posted by ipso facto @ 9:37 on July 28, 2017  

Yamana Gold Announces Second Quarter 2017 Results

http://www.marketwired.com/press-release/yamana-gold-announces-second-quarter-2017-results-tsx-yri-2228016.htm

Farmboy

Posted by Buygold @ 9:33 on July 28, 2017  

Probably right, but be very careful if you intend to play the leverage on the VIX like UVXY. It is a money killer.

I do agree, everyone is expecting a crash, so maybe it never happens.

Morning Maddog

Posted by Buygold @ 9:29 on July 28, 2017  

Yes. It’s really out there for all to see, which is why I enjoyed Santelli’s sarcastic reaction – he sees it and knows the numbers are phony.

I can’t really watch CNBS for more than a couple of minutes at a time either but I do like to tune in when there is economic data, usually about 6:30 am my time.

What strikes me is that the data for the most part is negative, unless they need it to be positive on any given day.

Everything is a farce, markets, economies, governments and slowly some of the population is beginning to understand.

Buygold–Farmboy–I think VXX would be as good a trade–or better–given the current time of year and set-up–than GDX, JDST or JNUG-

Posted by Richard640 @ 9:29 on July 28, 2017  

The only  problem with stocks is sentiment. Everyone and his pet Labradoodle is expecting a 10% correction or a crash…

Maybe I’ll do both–Vxx hit a 5 [or maybe more] year low yesterday…

Morning Ipso

Posted by Buygold @ 9:22 on July 28, 2017  

Yeah, I guess “little” is the operative word. Maddog’s “scum” is on the case trying to bring the USD back, and lift the SM but the VIX is saying not so fast.

I dunno, might be a tall order for them today as RNO mentioned last night.

I’m almost eager to get into August and September. The empire is crumbling, if they lose the SM, they lose everything.

Buygold

Posted by Maddog @ 9:18 on July 28, 2017  

CNBC is more than I can stomach, without smashing things…so I never listen to the projections..but watching the reaction, I thought to myself, they ‘need’ a bullish No, to get the SM off it’s arse and as u say, they got it !!!!!!

We can see it, so do others…the whole edifice is based on lies…that can’t survive.

Meanwhile only the Dollar and Metals are holding, rates are back up and the SM is where it was before the No’s…not good…all Weekend Leave may have to be cancelled…..which will cheer up the Trophy Wife and the Pool Boy, they can trash the master bedroom !!!!

Buygold

Posted by ipso facto @ 9:04 on July 28, 2017  

Looks like we have a little liftoff! 🙂

Wells Fargo caught screwing customers once again

Posted by ipso facto @ 9:03 on July 28, 2017  

Wells Fargo Forced Unwanted Auto Insurance On 800,000 Borrowers

One year after Wells Fargo was busted in the biggest post-financial crisis scandal, when Warren Buffett’s favorite bank was exposed for fraudulently “cross-selling” bank products, including creating millions of credit cards and bank accounts to its customers that were never requested, and which cost the former CEO his job, Wells has just been busted yet again for another major scandal: the NYT’s Gretchen Morgenson writes that more than 800,000 people who took out car loans from Wells Fargo were also charged for auto insurance they did not need, and some are still paying for it, according to a 60-page internal report prepared by Oliver Wyman for Wells execs.

The report, which was prepared by the consulting firm Oliver Wyman, looked at insurance policies sold to Wells customers from January 2012 through July 2016. The insurance, which the bank required, was more expensive than auto insurance that customers often already had obtained on their own.

Wells Fargo automatically imposed the insurance through its Dealer Services unit. Its website says it has more than four million customers and provides a variety of banking services to 14,000 auto dealers around the nation. It says the company’s lender-placed auto insurance “may be considerably more expensive than insurance you can obtain on your own.” The NYT adds that “such policies typically cost more than $1,000 a year, not counting interest. (Customers could pay them in full or finance them over time.) If a car was repossessed, the bank might charge a reinstatement fee of as much as $500, so a borrower could face $1,500 in charges.”

It gets better: the expense on the unneeded insurance (which covered collision damage) has pushed some 274,000 Wells Fargo customers into delinquency and resulted in almost 25,000 wrongful vehicle repossessions. And the cherry on top: “among the Wells Fargo customers hurt by the practice were military service members on active duty.”

Not even bothering to lie, when asked about the revelations in the Wyman report, Wells officials confirmed that the improper insurance practices took place but said the bank was determined to make customers whole.

http://www.zerohedge.com/news/2017-07-27/wells-fargo-busted-forcing-unwanted-auto-insurance-800000-borrowers

Q2 GDP Beats

Posted by Buygold @ 8:37 on July 28, 2017  

LOL – even Santelli marveled at how they needed 2.6% to get the average for the year up to 2% – AND THEY GOT IT!!!

The good thing is that for some unusual reason pm’s and the USD aren’t buying it, especially the USD is taking a pretty good header.

Still think the shares have to start to show some serious strength or we’re stuck in a trading range.

Farmboy

Posted by commish @ 8:35 on July 28, 2017  

18920383_1736029133356416_8899591141178436815_n So this is the fella who decided the fate of Obamacare.

Gold- breaking above 6-year falling resistance

Posted by Richard640 @ 8:24 on July 28, 2017  

Below looks at the ratio of Gold compared to the US Dollar over the past 20-years. The ratio reflects that some long-term trends have taken place and the ratio is making an attempt to do something it hasn’t been able to accomplish in 6-years.

CLICK ON CHART TO ENLARGE

The ratio broke above 6-year falling channel back in 2001 at (1) and then it proceeded to rally for the next 10-years.

For the past 6-years, the ratio has continued to create a series of lower highs and lower lows inside of falling channel (2).

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