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

USD has me wondering

Posted by Buygold @ 14:08 on January 17, 2018  

How do we know that the SM isn’t starting to do a Zimbabwe style ramp in anticipation of severe dollar weakness?

One thing for sure, it can’t catch or hold a bid.

The metal performance is resilient but pathetic, especially with oil, platinum and palladium all higher.

I guess the fact that they are rigging says just how important pm’s are to the financial system. Sadly, pm’s being important doesn’t pay the bills.

Plunge Protection Team

Posted by Mr.Copper @ 12:39 on January 17, 2018  

DEFINITION of ‘Plunge Protection Team – PPT’

A colloquial name given to the Working Group on Financial Markets. The Plunge Protection Team was created to make financial and economic recommendations to various sectors of the economy in times of economic turbulence. The team consists of the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve, the Chairman of the SEC and the Chairman of the Commodity Futures Trading Commission.

BREAKING DOWN ‘Plunge Protection Team – PPT’

“Plunge Protection Team” was the nickname given to the Working Group by The Washington Post in 1997. The team was initially perceived by some to have been created solely to shore up the markets or even manipulate them. The team was created in response to the 1987 market crash.

KEY PART BELOW

The theory is that the team manipulates markets by executing trades on several exchanges when the market isn’t behaving as it would like. It is said to only work with big banks such as Goldman Sachs and Morgan Stanley, only to report to the President, and to keep no records of trades.

 

Nothing Unusuall

Posted by Ororeef @ 12:32 on January 17, 2018  

going on with Bit Coins ,its simply following Fibonacci natural Growth patterns.

found in Nature its currently nearing the 50 % support level .Fibonacci was an Italian mathematician that discovered  that Natural growth Patterns found in Nature are often repeated from birth till death .included are the Growth of new corporations ,new businesses  new industries ,new Paradyms included stock markets .A new stock actually has a Birth Date .The famed W.D.Gann investor was a Master in applying its principals and took 50 millions out of stocks back when 50 million bought something…besides scorn from communists.Bit Coin is a new baby !  watch it grow !The Spiral through the AIR is exemplified by the Conch Shell and mathmatically by Ganns Square if Nine…2.618  …..also the ratio of the distance of a womens belly buttton to her overall height ….hehe very natural and nice to view if you appreciate beauty and mathemetics at the same time…So you see when you are oogling a woman its just math being appreciated.

Maddog–poor Janet-LOL…I wish her a speedy recovery…

Posted by Richard640 @ 11:57 on January 17, 2018  
Jan 19th is op-ex—vast amounts of calls need to be shut out at various strikes on the PM ETFs and stocks-so I don’t expect any upside until then
also COTs are not favorable—so far gold is resilient—that is bullish-I’ll probably be getting back into my SLV calls on Friday just before the close  if it’s flat to down

Buygold R640

Posted by Maddog @ 11:51 on January 17, 2018  

Obviously ystdy was too dangerous for the SM, a nasty down day…it might become catching, so the scum are hard at it. Looks like they want a 400 plus day in Dow !!!!!

Rumour is, Janet spent the entire night on the dunny, being fed Pepto Bismol through a funnel !!!!!!

democrats are good at building…

Posted by treefrog @ 11:49 on January 17, 2018  

…ghettos

why is liberal granolistan becoming america’s poverty capitol?

 

http://www.latimes.com/opinion/op-ed/la-oe-jackson-california-poverty-20180114-story.html

 

Maddog

Posted by Buygold @ 11:12 on January 17, 2018  

Shares look decent. NEM pushing positive. They’ve got control of GG but I suppose it was due for a pullback.

USD slowly slipping.

We need to see a pop in the metals though.

Enigmas worth reading

Posted by Mr.Copper @ 10:56 on January 17, 2018  
(1) Isn’t it weird that in America, our flag and it our culture offend so many people, but our benefits don’t?
 
(2) How can the federal government ask U.S. citizens to pay back student loans – when illegal aliens are receiving a free education?
 
(3) Only in America are legal citizens labeled “racists” and “Nazis,” but illegal aliens are called “Dreamers.”
 
(4) Liberals say, “If confiscating all guns saves just one life, it’s worth it.” Well, then, if deporting all illegals saves just one life, wouldn’t that be worth it?
 
(5) I can’t quite figure out how you can proudly wave the flag of another country, – but consider it punishment to be sent back there
 
(6) The Constitution: It doesn’t need to be rewritten, – it needs to be reread.
 
(7) William F. Buckley said: “Liberals claim to want to give a hearing to other points of view, and are then shocked and offended when they discover there are other points of view.”
 
(8) Joseph Sobran said: “‘Need’ now means wanting someone else’s money. ‘Greed’ means wanting to keep your own. ‘Compassion’ is when a politician arranges the transfer.
 
(9) Florida has had 119 hurricanes since 1850, – but some people still insist the last one was due to climate change.

Maddog-PMs holding up well in spite of the weaker dollar

Posted by Richard640 @ 10:54 on January 17, 2018  

The dollar is already 200 of its high…

Just the facts, maam

Posted by Richard640 @ 10:50 on January 17, 2018  

Bitcoin and PM’s

Posted by Maddog @ 10:50 on January 17, 2018  

Some thought that if the Crypto’s crapped, then PM’s would benefit…well reading these comments, I wonder how they cross a road safely…..they won’t buy Gold until it is $ 20,000, at least.

https://www.zerohedge.com/news/2018-01-17/bitconnect-abruptly-shuts-down-crypto-currency-collapses-bcc-holders-suicide-watch

DUM-DE-DUM DUM-! [Jack Web-Dragnet]-Is the collapse in Cryptos foreshadowing a general financial collapse??

Posted by Richard640 @ 10:48 on January 17, 2018  

Bitcoin Tumbles Below $10k – Did The Bubble Just Burst?

Having rebounded after the BitConnect headlines sent prices plunging, cryptocurrencies are more sedately limping lower this morning with Bitcoin dropping back below $10,000. The question on everyone’s mind, did the bubble just burst or do you BTFD?
It’s been an ugly week for cryptos…
https://www.zerohedge.com/sites/default/files/inline-images/20180117_crypto.png
With the heatmap a sea of red…
asd
… And Bitcoin back below $10,000:

The European Central Bank Frustrated With Higher Euro For No Fundamental Reason?

Posted by Mr.Copper @ 10:48 on January 17, 2018  

Buygold @ 20:36 on January 16

Well, there IS an unknown to the public, unofficial Fundamental Reason. The invisible behind the scenes global economy control freaks, or central planners, aka TPTB, started LOWERING the dollar, (which raises the Euro) because Europe has been stimulated enough, for now, and the USA economy is ready to slow down.

In June 2014, the same Control Freaks, started RAISING the dollar, (which LOWERS the Euro) because the USA had been stimulated enough by that time, (from 2008) and the EURO economy was hurting and slowing down. Remember the PIGS baloney? Cry babies with a loaf under each arm. Europeans have a very low tolerance for pain.

I am the only financial writer that I know of that believes and reports, TPTB have been for decades, rotating currency values, back and forth to help, or remove help, from various countries. If you have a hunch, and look for evidence, you will find it. Nothing is a coincidence.

Evidence story, parts:

Euro Frustrates ECB Policy Makers as Stimulus Debate Heats Up.

(Bloomberg) — The European Central Bank’s second-highest official waded into the debate over euro-area monetary stimulus after some policy makers expressed concerns over the single currency’s recent gains.

“I am concerned about sudden movements” in the exchange rate “which don’t reflect changes in fundamentals,” Constancio said in an interview with Italy’s La Repubblica newspaper published Wednesday. “Looking at fundamentals, inflation declined slightly in December.”

The euro has risen to the strongest against the dollar in more than three years amid signs that robust economic growth has prompted policy discussions over whether the ECB should tweak its guidance on stimulus.

more:

https://www.bloombergquint.com/global-economics/2018/01/17/ecb-s-constancio-concerned-if-euro-moves-don-t-echo-fundamentals-jcircpge

 

 

Gold Gorp & Blockchain !!??!!

Posted by drb2 @ 10:47 on January 17, 2018  

This picture was posted on IKN.  I checked it out and it is true.  I got it off GG website and 4th Qtr report.

GG is one of the ‘big boy miners’ and therefore suspect as being no friend of gold. I am shocked that they have even mentioned the possibility of selling production directly using blockchain as it threatens the Commodity Exchanges – a primary source of manipulation.

Wow!   Stayed tuned to this subject.

 

capture-gg-presentationjpg

 

Buygold

Posted by ipso facto @ 10:42 on January 17, 2018  

At least Moriarty isn’t calling for $800 dollar gold like Dent is! 🙂

I think Moriarty is also one of the people who deny the rig which taints everything he says about gold and silver. I think he’s better on his stock calls than more general calls … although we have yet to see whether or not this “Pilbara” thing works out.

Ipso

Posted by Buygold @ 10:37 on January 17, 2018  

Moriarty doesn’t exactly give you the warm and fuzzies about pm’s does he “just one more washout” then we’ll finally be ready. A bit like Jim Rogers.

Gotta give him credit for calling the top in Bitcoin though. $9500 now.

New Poll New Poll

Posted by ipso facto @ 10:36 on January 17, 2018  

Vote! Vote!

Poll Results … Lots of gold bulls around.

Posted by ipso facto @ 10:29 on January 17, 2018  

What will be gold’s highest price during 2018?

Higher than $1600 (38%, 23 Votes)

$1400 to $1500 (25%, 15 Votes)

$1300 to $1400 (18%, 11 Votes)

$1500 to $1600 (15%, 9 Votes)

$1200 to $1300 (3%, 2 Votes)

Total Voters: 60

Hey Maddog

Posted by Buygold @ 10:19 on January 17, 2018  

Seems like the usual, not sure they’ll let the SM fall today. USD seems stable, no massive short covering.

Course the pm’s doing the usual not hit too hard but SLV is a yo-yo. No traction. The frustrating part is days like yesterday when the USD was hammered and the metals go nowhere.

These are the days when waterfall decline attempts are made.

Bob Moriarty: Get Ready For A Cascading Default From The Crypto Crash

Posted by ipso facto @ 10:13 on January 17, 2018  

Bob Moriarty, founder of 321gold, has been adamant about Bitcoin and cryptocurrencies being the biggest bubble we’ve ever seen. He has been incredibly accurate in our recent conversations, calling Bitcoin a bubble that had burst in our last conversation on December 22nd, even offering a prescient quote “the bubble has popped but most people don’t know it yet.” He hasn’t become any more optimistic on cryptos in the last few weeks, in fact he sees a much deeper decline coming and this time Bob offers somewhat surprising advice to investors given his usual bullishness on precious metals.

cont. http://energyandgold.com/2018/01/17/bob-moriarty-get-ready-for-a-cascading-default-from-crypto-crash/

I guess this is a positive. Anything to ratchet down the tension.

Posted by ipso facto @ 9:44 on January 17, 2018  

North And South Korea Agree To Form Joint Team, Will March Together At Olympic Opening Ceremony

https://www.zerohedge.com/news/2018-01-17/north-and-south-korea-agree-form-joint-team-will-march-together-olympic-opening

Morning Buygold

Posted by Maddog @ 9:40 on January 17, 2018  

Not sure Vix plus 8 % is part of the Rig and the SM is selling off….hmmmm !!

Still PM’s are back in their box, looking nervous, awaiting the clubbing…..but Dollar is also going weaker…

Life not easy for the scum here.

Tulip Price Index

Posted by commish @ 8:39 on January 17, 2018  

aaeaaqaaaaaaaan9aaaajdmynzjhntezltc1otutnddizc04nda5lte5mjk5mdm1nduzyq

Morning Maddog

Posted by Buygold @ 7:48 on January 17, 2018  

World is back to normal.

I’m sure there’s a perfectly good reason why the SM is up again this am

Are Bitcoin bulls Mad ?????????

Posted by Maddog @ 6:41 on January 17, 2018  

View the Bitcoin price on a log chart from late 2010 to put this all in perspective. Viewed on such a log chart, $1,000,000 in 2020 is still a continuation of the general trend and the recent drop looks like a blip of static. In 2011 it took a 90% down leg over 6 months.

Genuine quote from a Zerohedge poster

https://www.zerohedge.com/news/2018-01-16/crypto-carnage-continues-ripple-now-down-40-year-date

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