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

Seems the General ( NEM) has had enough of this low Volatility crap and is doing a Farmboy………Chaaaaaaaaarge

Posted by Maddog @ 10:04 on July 25, 2017  

and sod the consequences…plus 6 % and only open 30 Mins. !!!!!!!!

That’s what u call a PM stock…..

Meanwhile rates are going ape !!!!!!

RNO … any comments?

Posted by ipso facto @ 9:54 on July 25, 2017  

Brutal Drought in the West Is Decimating This Year’s Wheat Crop

Severe droughts in the heart of America’s breadbasket are now so bad that some farmers are choosing not to even try to bring their wheat to harvest.

Conditions in the American West, especially in the Dakotas and northeastern Montana, are dire. The government’s own data, gathered by the US Drought Monitor Map, indicate an “exceptional drought” condition in patches of these three states. Here’s the definition of that rating: “Exceptional and widespread crop/pasture losses. Shortages of water in reservoirs, streams, and wells creating water emergencies.” Scary.

The drought is so bad, in fact, that an estimated seven out of ten farmers in these areas have chosen not to even attempt to bring their wheat to full harvest, instead baling it early to create hay. That strategy drastically reduces the amount of wheat to be made into flour on the open market, and also reduces the income of those farmers.

That hay will be used to feed animals that are unable to graze in the parched pastures of the west, but at a much lower price; hay, even with a spike to about $100 per ton thanks to the drought, fetches typically about 60 percent the price of wheat.

more http://modernfarmer.com/2017/07/brutal-drought-west-decimating-years-wheat-crop/

Not so high cost a producer anymore. AISC down nicely.

Posted by ipso facto @ 9:44 on July 25, 2017  

Americas Silver Corporation Provides Second Quarter Production and Cost Update

http://www.americassilvercorp.com/s/NewsReleases.asp?ReportID=797744

Refreshing to see someone telling the truth in Congress, a rare thing.

Posted by ipso facto @ 9:38 on July 25, 2017  

Tulsi Gabbard: US Addicted to Regime Change; CIA Funded and Armed Al Qaeda in Syria

In a brazen attempt at honesty, Rep. Tulsi Gabbard (D) of Hawaii went on Tucker Carlson tonight and declared the US was addicted to regime change and that we armed and funded Al Qaeda in Syria.

In late 2016, Gabbard introduced the ‘Stop Funding Terrorist Act’ to Congress — but hardly anyone on the left or on the neocon right listened. Over the course of the past two years, we’ve seen Russia on the right side of history, aiding the only legitimate government in Syria — which has provided the media with endless demonization campaigns depicting both Assad and Putin as monsters, who both gassed innocents and bombed out hospitals, whilst ignoring the horrors and the blind hatred of the people attempting to overthrow Assad.

The stated goal of Putin’s meddling in Syria was to protect Russian’s sole Mediterranean port and aid an ally of Russia who has been loyal to the Kremlin for decades. US policy has been soft on ISIS and hard on Assad, seeking to support so called ‘moderate rebels’ to overthrow him. The most important fallacy about these ‘moderate rebels’ is that they are, in fact, an Al Qaeda spinoff, working in conjunction with ISIS to install the Caliphate in Syria. In other words, we’re now supporting the same people who allegedly attacked us on 9/11.

When Trump ended the brainless CIA project to arm and fund terrorists in Syria, the media painted it as ceding to the demands of Putin. However, what our lawmakers have failed to do is sell America on the idea of extended war in Syria, which would undoubtedly cost inordinate amounts of money and lives. Instead, they simply point towards isolated events to monsterize Assad and draw on the feeble emotional strings of the American normie.

If US policy is to not negotiate with terrorists, then why the heck are we arming them? Let the regional players sort Syria out and leave us the hell out of it.

cont. http://www.zerohedge.com/news/2017-07-24/tulsi-gabbard-us-addicted-regime-change-cia-funded-and-armed-al-qaeda-syria

The $ index has given up a 300bp gain and is down 220bps-that should mitigate against any dramatic downside

Posted by Richard640 @ 9:09 on July 25, 2017  

http://futures.tradingcharts.com/marketquotes/DX.html

But it looks like the days parameters are set–so, another day of low volatility nothingness.

Barrick takes a big hit on this news

Posted by ipso facto @ 9:07 on July 25, 2017  

Tanzania Hands Mining Company $190 Billion Tax Bill

Tanzania sent Acacia Mining Plc a tax bill equal to almost two centuries worth of the gold producer’s revenue.

The government issued the company, which mines all of its gold in the African country, with a $40 billion tax bill and another $150 billion in interest and penalties, Acacia said in a statement Monday. The charge covers alleged under-declared export revenues from the Bulyanhulu and Buzwagi mines over periods between 2000 and 2017.

Acacia reiterated that it has fully declared all revenues. The stock sank as much as 17 percent on Tuesday to the lowest since December 2013. In just three days, the company has lost 42 percent of its value.

cont. https://www.bloomberg.com/news/articles/2017-07-24/acacia-gets-190-billion-tax-bill-it-would-take-centuries-to-pay

Farmboy-yeah, bull articles are few & far between-that’s why I posted it.

Posted by Richard640 @ 9:05 on July 25, 2017  

I have been impressed by gold’s resilience–especially with–as u say–options expiration AND  the FED meeting dead ahead. But u made a coupla bucks already on the short side…LOL. My break even is $16 on JNUG-I’ll be out before that…for now I’ll  let ‘er ride–there is chatter that the FED may be more dovish on Wednesday given all the weak data lately…

Maddog-True! Another attack and another great comeback-silver is 21 cent of its low and down just a penny

Posted by Richard640 @ 8:56 on July 25, 2017  

Gold’s bounced back…fine and dandy…now we just need some upside…

copper’s been quietly rallying–now up 7 cent

8 AM Lndn time standard scum attack, bang on time.

Posted by Maddog @ 7:40 on July 25, 2017  

Dlr/Yen and SM bid, PM’s hit.

Looks like 1260 is a no go for scum and all this has been telegraphed in the PM shares, as scum have sat on them for days.

Please don’t cry too hard for the poor lambs…..

Trump Bump made JP Morgan and Goldman Sachs bosses £280m last year

By City & Finance Reporter for the Daily Mail

Published: 21:51, 24 July 2017 | Updated: 21:51, 24 July 2017

Read more: http://www.thisismoney.co.uk/money/markets/article-4725864/Trump-Bump-JP-Morgan-Goldman-Sachs-bosses-280m.html#ixzz4nqGqyQSv
Follow us: @MailOnline on Twitter | DailyMail on Facebook

Breakfast For The Lumberjacks Out There. Lumberjack Coffee Is A Good Start,

Posted by Farmboy @ 7:37 on July 25, 2017  

now throw in a stack of flap jacks, a pound of bacon, and some special maple syrup. Now then, you are good to go ! 🙂

jd-maple-syrup

Tree frog

Posted by goldielocks @ 1:18 on July 25, 2017  

Farmboy has a point. Oak in Calif you need a permit to cut it even if it’s on your property. It burns hot and longer. Plus people make carved things out of it. Who know though you might meet someone with a family who needs it bad enought to come and cut it. Sorry about the Christmas tree.

Posted by Maya @ 0:25 on July 25, 2017  

teamac

drugcof

lumberjack

 

Gold Train

Posted by Maya @ 0:22 on July 25, 2017  

rrflasher

“The Silverton” working up the Animas River to the mines.
http://www.railpictures.net/photo/622960/

 

Treefrog – trees

Posted by Maya @ 0:20 on July 25, 2017  

My sympathies for the ‘tonnage’ you have laying there.  I have learned the true meaning of BioMass… MASS.   Oak is such a nice hardwood… and heavy.  Mom had an Oak kitchen table when I was a kid in the 50s.

I hired a pro to work on my trees in the back today.  He did the high work and trimmed and felled.  I was the ground monkey, cutting, sectioning, and hauling debris and wood out front where we will bring in the chipper later on.  I only moved about a paltry ton today.  We’re about one-third finished, but took care of the largest, nastiest ‘African Tulip’ in the far corner so it isn’t threatening the neighbor’s fence.   Just waiting now until I can take my next dose of anti-inflammatory pill.

treefrog @ 23:33 Wish I Had A 18 Wheeler,

Posted by Farmboy @ 23:56 on July 24, 2017  

would come take that oak wood off your hands. Last winter, which was very mild, but yet saw any type of oak wood going for $235-$275 a cord. You be sitting on a gold mine. All you got to do is cut it up, split it, and haul it up to Georgia.

Good luck. You might want to save a cord or two for youself. Makes for great BBQ flavored chicken and ribs. 🙂

Like One of Maya’s Trains, Hope For Goldbugs Might Be Coming Round The Bend

Posted by Farmboy @ 23:48 on July 24, 2017  

Stolen from another website. 🙂

“Political uncertainty is adding additional weight to the dollar. Turnover — and speculation about potential turnover — within the Trump administration and investigations of the President’s inner-circle have dimmed hopes that Mr. Trump’s economic agenda will be advanced anytime soon.

With progress on the fiscal side hamstrung, additional pressure falls on the Fed and monetary policy. At this point, one more rate hike this year (probably in December) remains about a 50/50 proposition. However, if inflation and growth data continue to come in weak, that probability is likely to recede in the weeks and months ahead.

Our first look at Q2 GDP comes this Friday. Median expectations are +2.5%, but we’ve seen projections erode steadily throughout the quarter. A miss on Friday would pretty much erase any lingering doubts about a September pause and raise considerable doubts about December.

Such a miss would apply additional pressure on the dollar, which would in turn buoy gold and likely push it through the next tiers of resistance. Those levels are 1260.96 (retracement), 1267.67 (trendline), 1278.63 (retracement). ”

Comment: Things might be looking up for the Goldbugs. On the other hand, those General Market short plays I think we should start feathering into.

anybody need some free red oak firewood?

Posted by treefrog @ 23:33 on July 24, 2017  

i have a huge water oak (a type of red oak) tree at my place.  a couple days ago, it was standing up.  now, it’s down.  i have between ten and twenty tons of it on the ground.  free for the taking!  all you need to do is cut it up and haul it away.

dsc00317

one limb of it crushed this gmc van.  another limb crunched our christmas tree from my son’s first christmas.  the van was for spare parts for another vehicle – no big deal.  the christmas tree is a serious loss.  🙁

water oaks have a reputation for doing this.  the main trunk (five foot diameter, but hollow) is still standing, but it dropped four or five huge branches weighing several tons each.

free firewood!  come and get it!  bring your chainsaws!

Mr Copper

Posted by goldielocks @ 22:55 on July 24, 2017  

How many people buying American cars are made just in America? Trump even brought that to light. We’re your foreign born friends buying Chevys which is a popular brand for Hispanics in southern Calif but not they have plants in Mexico which I believe cause the influence. In the 60s they made a lot of awesome looking metal flake low rider cars. Wasn’t too impressed with the low rider part though. Some could raise up and seemed they competed to who’s car could bounce the highest.
Even they have wars that make no sense. Last few years it’s been a north and south hispanic division. That started or so I was told in prison where one or the other don’t remember south or north stole a pair of shoes from the other and since then they don’t like each other.

As far as these so called refugees from Africa region a african woman told me years ago that just like here we have welfare neighborhoods. No different there. They just got a better offer.
The rest of what you mentioned it will just continue until people start making a big enough stink about it.
Until then it might be your kids or grandkids on welfare who don’t wanna be and burying people. I have hope for these millennials that aren’t falling for this so called progressive liberal crap to benefit themselves at the expense of everyone else.

Samb @ 21:22

Posted by Mr.Copper @ 21:36 on July 24, 2017  

Copy that, we were sold out long ago. I have some foreign born friends (Chili and Salvador) that only buy American cars. I have native born 3rd generation friends and relatives driving Toyotas and Hondas. To me? They are not real Americans. They are global citizens, not patriotic. The foreign born ones  (from Chili and Salvador) that drive American cars? I consider them real patriotic Americans.

goldielocks @ 20:57

Posted by Mr.Copper @ 21:28 on July 24, 2017  

Interesting. It seems like the people in the rest of the world take it for granted that the USA is here for their benefit. Fight for them, foreign aid, export our jobs, import their excess population. It all culminated in 2008. I really don’t care what happened anymore. The damage has been done and ongoing.

I was even thinking about buying a Kia lately.  Naturally if I did, I would put a Chevy or GMC emblems on it.

Mr. Copper @ 23:10

Posted by Samb @ 21:22 on July 24, 2017  

Hear hear. Once upon a time there was a city called Gloversville, NY. It was in the foothills of the steep Adirondack Mts. All major cities/countries imported these gloversville gloves…worldwide!  Best equipment, best trained workforce. best tanning facilities…you name it. WW2 aftermath caused US Gov’t to export their best people and equipment to Italy for free training and glove making. Gloversville could no longer compete with low income Italian wages. Bye Bye Gloversville…Sound Familiar?

Moggy @ 20:28

Posted by Mr.Copper @ 21:22 on July 24, 2017  

re “everyone was doing well”

Maybe I didn’t say it right. I didn’t mean EVERYONE was doing well. What I meant was in GENERAL the living standards in the USA were high after the war, until until ’75, and down the country went in general. Not EVERYONE went down. Retail got good, (until recently) with cheap imports to sell. Cops salaries are still middle class at $175K here where I live.

re “second post you recognize that many people were hurt.”

Yes two different eras. ” One good one bad as a whole. 1945 to 1975 generally good for most people and businesses, but not all.

1975 to 2008, generally bad for many but not all. There are many people after doing better these days, plenty of money to spend, because they are living FREE in their homes. The real estate crash in 2008 created millions of defaults. TPTB gave or promoted, no doc liar loans.

Remember gold de-peg 1971, .25 cents per gallon gas. Gas lines ’73 ’75 etc, gasoline 5 times more $1.30/gal. Interest rates 6% in ’71, by ’81? 18% mtg rate. Crash in ’87. On and on and on.

Mr Cooper

Posted by goldielocks @ 20:57 on July 24, 2017  

With insourcing on top of outsourcing no ones safe. Ie so called refugee from Somali or somewhere given job as cop just shot in cold blood a Aussie woman reporting a crime walking to their car, engaged to a American. I know of two insourced nurses both from Africa that could be from anywhere who were going to trial for killing a patient each, both left the country.

Mr. Copper

Posted by Moggy @ 20:28 on July 24, 2017  

Your posts of 17:43 and 20:10 express opposite facts.  In the first post you make it sound as if everyone was doing well; in the second post you recognize that many people were hurt.  So if I have the wrong impression of you, perhaps that is the reason why.

Moggy @ 19:30

Posted by Mr.Copper @ 20:10 on July 24, 2017  

re your…Just because your life wasn’t affected doesn’t mean that everything was peachy keen.

I only care about the whole country as a whole. My life occupation was ruined after 1975. I should have NEVER got involved in manufacturing back in ’64. One big mistake. We NEVER thought our own gov’t that we paid taxes to, would give away and share our occupations with foreign nations.

Cops are safe, teachers, auto mechanics, auto sales, real estate sales, medical jobs all can’t be exported, all safe jobs supported by gov’t tax receipts. All the companies I worked for until ’75 no longer exist except one, that have gov’t connections.

Self employment after that, and all my customers went bankrupt. I gave up my business, after taking too long to get paid, and one went under owing me money. I think you have a wrong impression of me. Millions of manufacturers got laid off and took 40% wage cuts on new occupations.

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