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

Uh Oh….Italy is Baaaaaack !!!!!!!

Posted by Maddog @ 12:17 on June 5, 2018  

The Italian/German 10 yr spread has widened by 14.70 % again today so far….and Italian 10 yrs are up 10 % with the 2’s up 43 % on the DAY

https://www.zerohedge.com/news/2018-06-05/italian-bonds-banks-are-blowing-out-again

Richard

Posted by deer79 @ 11:53 on June 5, 2018  

I totally agree with your post re. World stock and bond markets. The cretins will do WHATEVER it takes to keep the game going. 

Not Best Practice

Posted by ipso facto @ 10:40 on June 5, 2018  

Giant mine spewing waste for decades turns into battleground

Every year, Freeport-McMoRan Inc. dumps tens of millions of tons of mining waste into the Ajkwa River system in Indonesia. The company has been doing it for decades, and is demanding the right to keep at it for decades to come.

The discharge of what are called tailings, the leftovers of mineral extraction, is perfectly legal under Freeport’s current contract with the government. But recently, after more than a year of tense negotiations over the terms of a new deal, Indonesia suddenly changed the rules: The Grasberg mine in the highlands of Papua province would have to operate by heightened standards. It shouldn’t have been a surprise, really, considering most every other miner in the world has been forced or has elected to stop discarding tailings in rivers.

Freeport, though, has said that won’t happen at Grasberg. Chief Executive Officer Richard Adkerson has been blunt about it. “You can’t put the genie back in the bottle,” he said in April. “You simply can’t say 20 years later ‘we’re going to change the whole structure’.” Grasberg’s waste management, he added, has “always been controversial.”

cont. http://www.mining.com/web/giant-mine-spewing-waste-decades-turns-battleground/

IAMGOLD Reports 39% Increase in Reserves at Essakane Based on Heap Leach Pre-Feasibility Study and Higher Grade Intercepts, Increasing Future Average Annual Production to 480,000 Ounces

Posted by ipso facto @ 10:32 on June 5, 2018  

https://ceo.ca/@newswire/iamgold-reports-39-increase-in-reserves-at-essakane

R640

Posted by Buygold @ 10:26 on June 5, 2018  

Meh, Italy is fine. Spain is fine. US Debt is fine. It’s all good, just look at the stock market…

Italian bond yields rising–from ZH readers

Posted by Richard640 @ 10:16 on June 5, 2018  
without being able to devalue lira – oops euro
Italy has lost 100,000’s of small businesses to KRAUTLAND
and run up massive deficits with master draghi buying up all it’s bankster debt
SOUTHERN STATES are doomed to massive repression and recession
25% unemployment is NORM IN THESE PLACES
tic tock boys and girls – boom boom time is coming soon
I hear the fat lady WARMING UP
*******************************************************************
Italy can pass a law with a fixed conversion rate of lira to Euro for bond payments and take this off the table overnight.
No one understand fiat money, banking and ghost books better than Italians. Germany has no hope of subjugating Italy with a set of bank books and court orders.
Besides, the banks created the money out of thin air that was loaned to Italy, it can be repaid with money created out of thin air.

Summer Doldrums

Posted by Buygold @ 10:08 on June 5, 2018  

looks like the summer doldrums are here. Just following the spring, winter and fall doldrums.

@Richey re Manipulated Gold Pricing

Posted by Mr.Copper @ 10:05 on June 5, 2018  

My guess its an artificially low stealth official cheap price so foreign people and banks can continue sucking away our gold. US citizens are constantly turning in old jewelry cheap, and away it goes in bar form. The rest of the world has been for 100 years a blood sucking leach on the USA.

From a ZH reader about an article on the world stock and bond mkts.

Posted by Richard640 @ 9:57 on June 5, 2018  
What Patel says makes sense. 
However he runs under the same assumption so many of us have run on for the past decade, and done so to our detriment. 
He still keeps using this word “market” but as the central bankers have shown us over and over again … they will break any law, bluff and lie, jawbone and deceive yo keep their system going. 
Does India need us $1 trillion stat or they blow up the world? The fed will, behind closed doors print it and wire it to them. 
Crisis averted, everything is fixed. 
No my friends, until a big actor repudiates their debt publically so it’s out in the open — this keeps going.
**************************************************
In one of Bridgewater’s latest Daily Observations authored by co-CIO Greg Jensen, the firm writes that “2019 is setting up to be a dangerous year, as the fiscal stimulus rolls off while the impact of the Fed’s tightening will be peaking” a point echoed yesterday by the head of the Indian central bank, Urjit Patel, who warned that unless the Fed ends its balance sheet reduction which comes as a time when the Treasury is soaking up dollar liquidity by issuing substantial amounts of Treasuries to fund the Trump budget, the tightening in financial conditions could lead to a global conflagration started by emerging markets.

 

Insanity raises it’s head

Posted by ipso facto @ 9:43 on June 5, 2018  

British School Forces Boys To Wear “Gender-Neutral” Skirts Instead Of Shorts

A private secondary school in Oxfordshire, England is banning its male students from wearing shorts during the summer months, and is instead requesting that they wear a more “gender neutral” ensemble that includes that staple of men’s athletic wear: The skirt.

According to the Daily Mail, Chiltern Edge Secondary School’s rule change comes after an unfavorable ruling by a government agency tasked with overseeing educational standards.

School leaders said the skirts were a “more formal” alternative to shorts, regardless of how uncomfortable they might make male students at the school.

Unsurprisingly, parents are complaining about the bizarre school dress code, which is part of a larger trend of schools adopting “gender neutral” uniforms to make transgender students feel more at home.

cont. https://www.zerohedge.com/news/2018-06-04/uk-secondary-school-forces-boys-soccer-team-wear-skirts-instead-shorts

Big hit for Pure Gold Mining

Posted by ipso facto @ 9:28 on June 5, 2018  

Pure Gold Intersects 57.1 g/t Gold Over 22.1 Metres at Madsen

https://finance.yahoo.com/news/pure-gold-intersects-57-1-103000847.html

Looks like infill drilling

Gold Train

Posted by Maya @ 4:08 on June 5, 2018  

rrflasher-copy

Flying High in the East, far from home.
http://railpictures.net/photo/660017/
http://www.railpictures.net/photo/660026/

 

…aaand it’s gone!

Posted by Maya @ 3:59 on June 5, 2018  

Lava enters Kapoho Bay this morning.  By afternoon the lava has filled the shallow bay.

kapoho060418sm

Courtesy USGS. 

« Newer Posts
Go to Top

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