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

I’m telling ya – only one more day. 🙂

New York Fed Calculates Inflation Is Running Hottest Since 2007

On Friday the New York Fed issued a new series of inflation gauge called the Underlying Inflation Gauge. Unlike the CPI and the PCE, it registered a reading of 2.7% August, the highest reading since November 2007. 

They didn’t smash the VIX or bleed pm’s into the close. Glad to be wrong.

Glad you’re back Moggy!

So, if the world doesn’t end tomorrow as predicted on Sept. 23rd,then I’d say – just a couple more months! 🙂

That’s a long time it took to fix it. People have become so dependent on the net that I bet they would go nuts without it lol especially the young. The young do have one thing on their side, most of their friends and immediate family of course are close by and not get too interested in world affairs or the stock market.
I bet you cat is wondering why your paying so much attention to that object. A sad thing happened to my daughters cat the other day. It died in a horrible accident. Her other had to have surgery on a foot and acting like a big baby and worse wanting her to stay with him 24/7 even though she had to pick not only her kid up from school but his and take care of them too. One of those guys worried someone else might come around. His mom said that’s why she left his father. Not bad guy just picked up a insecure behavior from his dad apparently. He wasn’t dying or even critical and she had kids to care for and he wanted her to even be there at night when he was sleeping. I had to talk to him and his mom was on my side.
She just got a kitten a few months ago that looked just like a cat she had once. She loved that cat. It was only about 3 months old growing and happy. Well after dropping the kids at school she went to the hospital spend s few hours there 4-5 and saw her kitten playing on the bed Before she left. She ask my help in finding her she was gone. Well in the process of looking for her I heard her cry out then crying. It turned out the kitten stepped on the beds remote control then must have jumped around and got crushed by the bed moved back down and was dead. It was horrific. Who would think a remote on a bed not in use could be a death trap for a kitten.

A little less hostile

http://www.cftc.gov/dea/futures/deacmxlf.htm

Can’t believe the S & P is 2500

Get ready for the VIX smash, pm bleed into the close…

The royalty companies are generally more steady performers. If I had just put all my holdings in RGLD I wouldn’t be crying like a little b*tch all the time. As far as Mac, he seems to make his investments based on a higher price of the metals-he’s a gambler, with our money….

That being said, if he’s right about the direction of the metals, his shares will far outperform those of the royalty companies. JMHO

Good idea for a poll.

IMHO – like it or not they have been driving our foreign policy since Kennedy was assassinated.

Welcome back to Internet Land. 🙂

@ Alex…lol, hardly traumatized, more like going nutzoid without the net…what an experience although kitty was not unhappy about it as he got a lot more attention than usual, even though I stop computering whenever he makes demands.

@ goldi…thanks for thinking about me.  Yep, prepared as one could possibly be…a generator would not have helped as I didn’t have a power outage, my ISP had their wires ripped up and were unable to provide service…until about three hours ago.  My neighbors are like me, hermits unless someone is in dire straights and come knocking.

@ Farmboy…thanks for the good thoughts…love the teapot!!!

To all…I don’t have or want tv, haven’t watched it for the past ten years…don’t have radio reception and was too lazy to crank up the hand-powered short wave radio so didn’t have any knowledge of what was going on in the world…finally went to the library to check out some DVDs to occupy my time and was so attuned to nothing but nature that I forgot to check what was going on in the outside world while on the library computer.   All in all, I feel fortunate that I didn’t lose power.  God is good.

… and I think we should remain Israel’s ally but we sure can’t let them dictate our foreign policy for us.

Maybe that’s a good question for a poll.

That’s sure a scrambled spaghetti mess of danger, conflicting interests and the possibility of a wider war over there. We should try to extricate ourselves as much as possible. I’m glad that the American and Russian generals are talking every day. We don’t need small mistakes turned into big ones.

Now the Kurds (who we support) are having a referendum on independence. The Turks, Syrians and Iraqi’s are not too happy with the idea, especially the Iraqis who are going to lose part of their country an area which produces a lot of oil.

has been a royalty company (Abitibi royalties rzz abytf ).  He should have listened to his ex mux ceo …… Ian ball.   Ian Ball got Abitibi down to less than 11.5 mil shares.

NO MUX ceos combined have  spent more time at the mine sites since Ian Ball left.   McEwen could have easily did with MUX what Ball has done with Abitibi.

McEwen pounded the Canadian brokers when he did his rights offering several years ago so this share pounding and share dilution he has received is a payback.

http://www.abitibiroyalties.com/investors/letter-to-shareholders/may92017/

Ian Ball on issuing shares

“The cost to existing shareholders when equity is issued is always high in mining (and most industries for that matter). Shares are typically issued at a discount to market (up to 20%), fees are paid to financial advisors (typically 7% of the total raised), warrants are given to new investors in order to “entice them to buy” and some are good for up to 5 years! Lastly, there are legal and exchange fees. Add it all up and you can see why issuing shares is a costly exercise. You will probably hear counter arguments such as, “that didn’t stop my junior explorer from doubling or tripling in 2016”. It is best not to confuse brains with a bull market. ”

Yeah, they’ll drag us in, they always do.

Thing is the Israeli/Saudi/US backed Al Qaeda/ISIS “freedom fighters” got their asses kicked in Syria and failed to overthrow Assad and completely destabilize yet another M.E. country.

I’m wondering when those Russian S-400 missiles or whatever they are will start knocking those jets out of the sky, I guess Israel thinks it’s ok to bomb Syria when they’re over Lebanese skies.

How did we ever align ourselves with such a warmongering people?

No-one Cares…

“No one really cares about the U.S. federal debt,” remarked a colleague and Economic Prism reader earlier in the week.  “You keep writing about it as if anyone gives a lick.”

We could tell he was just warming up.  So, we settled back into our chair and made ourselves comfortable.

“Still, if the speed of light example doesn’t do it for you, how about the speed of sound?  When Chuck Yeager first outran sound he reached what was called Mach 1.  That equals 767 miles per hour – or 1,125 feet per second. So, at $34,880 of new debt per second, the federal government is running up the debt at a speed that’s over Mach 30.  Yes, things have really gotten out of control!

Mach 2 jet nozzle flow visualized with Schlieren filters. Observe, then close your eyes and imagine it going 15 times faster. That’s the speed at which the federal debt currently grows. What can possibly go wrong? [PT]

To Hell In A Bucket

“You’d think that running up a tab at a rate like that would be a lot of fun.  But look around.  No one, including the upper crust, is having fun. Take that Facebook geek, for example.  Zuckerberg!  Have you seen the mug on that kid?  He wouldn’t know what fun is, if it jumped up and bit him on the behind.

“How much longer this government debt binge can go on for is anyone’s guess.  One thing is clear, however.  It has gone on much longer than any honest person could possibly fathom.

“Under George Dubya the federal debt doubled from $5 trillion to $10 trillion.  Then under Barry Big Ears the federal debt doubled again to $20 trillion. There are predictions floating around that The Donald will again double the federal debt, taking us to $40 trillion.  If he and Chuckles Schumer succeed in obliterating the debt ceiling, he just may pull it off

Florida Residents Warned They’ll Be Ticketed For Hurricane-Damaged Homes

At a time when South Floridians rocked by Hurricane Irma were still surveying the damage to their properties, the county of Miami-Dade apparently thought it appropriate to begin handing out safety notices.

Celso Perez told local WSVN-TV that he, his family, and his neighbors were starting to clear fallen trees from the streets after the storm passed through at nine in the morning on Monday. Hours later, in the afternoon, Perez got a visit from the county.

“And we thought he was here to help us or offer some type of assistance with the trees, maybe he was going to bring us ice or something,” Perez told WSVN. Instead, the official slapped a safety notice on the only part of Perez’s fence still standing.

“I laughed,” he said. “I thought he was kidding. ‘You are kidding right? We just had a hurricane six hours ago.’ ‘No, I’m not kidding. I have to cite you for this.’ I just laughed. OK, whatever; knock yourself out!”

But Perez stopped laughing when the official told him he would be writing up a report and would be back to check on the property. Perez told WSVN that the man said he’d “have to write me a fine” if the fence wasn’t up to code by then.

“At the time this officer was out here, we didn’t have power, we didn’t have food, we didn’t have ice. He is crazy, ridiculous,” Perez said, adding that “it’s not like I can go to Home Depot” because all the stores were closed.

The South Floridian says he understands that there is a lot of work that needs to be done but that the county’s rush to issue warnings was inappropriate:

“Give us a minute to breathe. Let us get our power back on. And I wouldn’t mind if they told me that a few days down the line or due time but it bothers me that they came out here just a few hours after the storm had passed.”

On the issue of restoring power, Reason noted that at the time Miami-Dade was handing out citations — the WSVN investigation found Perez was far from alone; the county handed out 680 pool barrier and 177 electrical hazard notices in the hours after Irma — 16,510 homes and businesses were still without power.

When Reason tried to confirm with Miami-Dade if monetary fines would be attached to citations, the county responded with the following statement:

“We were looking to advise residents of the following hazards on their properties that they may not have been aware of, but that pose a life safety threat: damaged structures that rendered them unsafe, unsecured pools with no barriers, electrical hazards (down lines, damaged meters) and gas hazards (damaged meters).

If any of these hazards were found, our inspectors gave out a safety notice, which is neither a notice of violation warning nor a citation. That means there is no fine attached. The safety notices given to property owners identify the hazard, steps that should be taken to correct the hazard, and who to contact for additional information.”

Fine or no, WSVN’s legal expert and Broward County public defender, Howard Finkelstein, said the timing was “awful” for the people trying to recover:

“This is outrageous. After Irma, people were stressed, they were worried and for a government official to slap a warning notice on them to add to their misery is insulting.”

http://www.zerohedge.com/news/2017-09-22/florida-residents-warned-theyll-be-ticketed-hurricane-damaged-homes

“Never wrestle with a pig in the mud.”

You’ll get dirty and besides the pig likes it.

This cracks me up. Teacher said students could use a 3X5 cheat sheet for their first test. Forgot to specify “inches.”

http://www.dailymail.co.uk/news/article-4910020/Students-outsmarts-teacher-3×5-FEET-cheat-sheet.html

Why no domestic news from various states?? All this foreign news is garbage.

Standing in line at the Apple stores? 🙂

I sure don’t like to see Israel bombing it’s neighbors. If they get retaliation from the Russians then they could drag us into it.

Gee? I wonder why?? 🙂 Using Chinese et al labor is finally catching up to many corporations. Henry Ford would NEVER have his Model T’s and Model A’s made in Japan or China. It would be a STUPID idea. He also paid double the average wages, for less turnover, the best employees, and employees able to afford HIS cars.

Damning Evidence Cuba Launched A Sci-Fi Weapon At US Diplomats

http://www.zerohedge.com/news/2017-09-22/damning-evidence-cuba-launched-sci-fi-weapon-us-diplomats

Hewlett Packard Enterprise Is Said to Plan About 5,000 Job Cuts

https://www.bloomberg.com/news/articles/2017-09-21/hewlett-packard-enterprise-is-said-to-plan-about-5-000-job-cuts

Silver shares outperforming even with the scum shutting down silver for the day – gold too.