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

US Steel to restart another furnace at Granite City Works, bring back 300 workers
http://www.wtae.com/article/us-steel-restart-second-blast-furnace-granite-city-works-illinois/21097186

U.S. welcomes Afghan ceasefire offer to Taliban: State Department

https://www.reuters.com/article/us-afghanistan-president-usa/u-s-welcomes-afghan-ceasefire-offer-to-taliban-state-department-idUSKCN1J321M

He doesn’t say how many years? Biblical 7 or more or less. If his computer is right it may open up new ways to grow.
Treefrog ahead of the game with his contained garden.

Just two paragraphs there’s more.
Canada’s last commodity exchange is closing. The Winnipeg Grain Exchange, which was established in 1887, will shut down for good after its owner transfers the bourse’s only remaining futures contract to New York. It is ironic that when a decision like this is made, it is often a sign of a major change in trend. Wheat peaked during the first quarter of 2008. We are just now starting to play with the Downtrend Line in preparation for a commodity boom into the 2024 time period.

Everything we see in the computer’s
projections WARNS that we are indeed in for climate change, but it is a natural cycle not caused by humankind. We are looking at a sharp rise in food prices in the years ahead. The closing of the Winnipeg Grain Exchange is strangely the way the commodity industry always works. You see mining companies close at the lows and expand at the highs. They can never see the future even when it punches them in the face. So stockpile food as we enter this period of rising prices. There will be shortages in the years ahead.

Winnipeg Grain Exchange Closing Right in Time for the Cycle

Oil already back up. What it will do to Europe it appears is push them to buy more from Russia.
Karma causing so much destruction to ME over getting a pipeline through to Europe and the deviststion they caused Europe with all the uncivilized and criminal type immigrants pouring in then jailing the citizens for exposing it. If it wasn’t for Trump we’d be seeing that here too ” regulating” social media to agenda of more of the same propaganda. They’ve shown the citizens mean nothing to them.
It reminds me of when I was coaching soccer. I had a couple of boys who weren’t team players and thought they didn’t need the team. So they learned when I called the team off and they were standing alone during practice.

Well well well, isn’t that interesting. What it means to me is the PTB want higher Oil prices to support US (and maybe others) expensive oil production. When oil is too low it doesn’t pay to produce here and in some other places. They shut down wells and lay off people. This way the “good guys” don’t have to voluntarily pump so much less.

I just hope we don’t triumph in 2045!

I love the positive spin…………..hope it comes to fruition.

At least it eventually had a happy ending …

Congo mining regulations to be signed into law on Friday — mines minister

Democratic Republic of Congo’s prime minister will sign into law on Friday regulations to immediately implement a new mining code without any concessions to industry demands that key provisions be amended, the mines minister said on Thursday.

The move could set off a legal battle between the government and major mining companies operating in Congo, including Glencore and Randgold, which threatened legal action against the government last week if their concerns about tax hikes and the elimination of exemptions were not addressed.

“The code will be applied as it was promulgated!” Mines Minister Martin Kabwelulu told Reuters in a text message.

cont. http://www.mining.com/web/congo-mining-regulations-signed-law-friday-mines-minister/

It’s day #3,587 and I’m Bill Murray waking up to Sonny & Cher singing on my clock radio, “I’ve got you babe.”

USD be damned, sellers everywhere. Just another day in pm hell.

For all of Europe’s bluster, and increasingly vocal “resistance” to Trump unique approach to international politics, especially when it comes to Iran when Brussels swore it would defy the US president and continue business as usual with Tehran, it took Europe about a month to fold, and as Reuters reports European refiners are now unofficially winding down oil purchases from Iran, closing the door on a fifth of the OPEC member’s crude exports.

And since the only true leverage that Iran had vis-a-vis Europe was its deeply discounted crude oil, the shuttering of crude purchases from the Islamic republic will suddenly make European governments especially ambivalent whether to continue fighting Trump in hopes of salvaging the Iranian nuclear, when there is only downside left.

cont. https://www.zerohedge.com/news/2018-06-06/we-cannot-defy-us-european-refiners-fold-trump-will-stop-buying-iran-crude

Now have a look at Copper recently….straight up, none of these sudden water falls out of no where.

The 24/7 control is near total….Why are they scared…..

https://finviz.com/futures_charts.ashx?t=6E&p=d1

Thank you for the info. So it sounds like no matter what kind of stones get smelted, it all turns into a lava rock. If I’m wrong on that, then magma in its natural form is a separate unique item.

Agree. Next week will probably be brutal for all things pm

That’s what I’ve noticed goin on for years, in fact since June 2014. Some how some way, during that month, there was an abrupt abnormal reversal of trend.  Euro down gold down and dollar up.

Let’s see what happens to SLV as options expiry approaches next week with a Fed meeting they will be raising rates at again to boot.

Chuckle

That would explain why when UUP opens down it slowly recovers all day.

It does appear that all those SLV call buyers R640 posted about have had the upper hand the last couple of days.

Still, with as weak as the USD has been gold has gone nowhere.

The open interest put/call ratio on UUP is above unity. For this reason, and this reason alone, the $ will go higher.

This condition will remain in effect until bearish UUP speculators are exhausted.

Fundamentals don’t matter. Any other talk on this subject is useless drivel.

Cheers

The Iowa Interstate directors special
crosses the mighty Mississippi.
http://www.railpictures.net/photo/658572/

Lava cools into… Lava rock.  Sometimes aged the rock is called Basalt.  It varies in composition from very gassy, porous lava rock to very solid, concrete-like rock with no bubbles.

Hawaiians describe lava as two major types, depending on how it cools and flows.   The cooling head of a flow will crumble many times, giving it a broken, cinder or clinker type of texture.  We call this  A’a lava.   A more liquid, smooth hot lava that pools and cools slowly will have a satin smooth surface, sometimes with ropy swirls.  We call this Paho’eho’e lava… black satin finish.

How long does it take to cool?  That depends on the thermal mass behind the lava.   When the fissures first cracked here, thick mud lava that had been stored underground since the 1955 eruption now surfaced.  It was still hot.

On the surface, once a lava flow has stopped and is no longer being fed, it can take many months to a year or more before it is cool enough and safe enough to walk on.  And the flows crack and split as they cool also, so it is not stable for a long time.

There is always some doom factor going on but this time unless I was sleeping “blissful ignorance’ back when I’ve never seen so many people asking for it like they have no cue. Then so much hate from the ones who call others haters while they’re at it. If it wasn’t for everyone else let it happen but they’ll just drag everyone else with them.

If a new reserve currency is started in the future and the dollar is left for the Feds to manage without interference or worry about impact from other countries maybe that won’t be a bad thing for us although can’t grasp the debt of it yet.They can then raise interest rates in the face of battling inflation to move the dollar up maybe good for gold too and all that is liquid and movable including stocks because anything not movable could be impacted with the rising interest rates.
Armstrong mentioned this coming and said that first the dollar will rise because money moving away from other currencies will be what calls for a new reserve which will bring it down.
That’s when I’m guessing the aforementioned will take place.

Still showing higher lows from December 2015. THE TREND IS STILL UP !!!

rno