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

Crude Oil WTI $77 down to $59?? In About A Month??Another wild card

Posted by Mr.Copper @ 10:55 on November 9, 2018  

Gasoline futures $2.15 to $1.60 in a month?? Gold $1240 to $1212 in 6 days??? And their Media keeps cheerleading a roaring booming man made artificial economy, and they claim they are puzzled about the stagnant wages.

As if supply and demand of labor should drive wages higher. Are they really that stupid? Or just lying. Half the jobs created are welfare jobs that cost other people money, and get nothing in return.  Wealth absorbing jobs, not wealth creating jobs.

Back in the 1970s TPTB media complained about expensive labor and expensive materials. During the ‘80s and ‘90s they succeeded in getting cheaper labor and materials. From 2001 to around 2012 2014 they engineered higher materials, but not higher wages.

Probably because TPTB are involved in investing making and selling materials. Now they have a special interest in higher wages because low wages can’t afford their STUFF and or taxes.

Another wild card problem for the master planners, is this reversal of globalization that started. The “transition” is going to be very unpredictable as we can already see. Strange things happening.

 

Are some of yours on the list? It’s gonna cost.

Posted by ipso facto @ 10:25 on November 9, 2018  

The Republic Metals collapse and the mining companies caught in the mess

The Miami smelting and precious metals refining company Republic Metals collapsed this week and went into Chapter 11 bankruptcy protection and the story is a real mess, for the industry and for the mining companies to which it owes money. The case looks for all the world as though plain straight fraud has been committed and metal that should be there has simply disappeared.

https://incakolanews.blogspot.com/

You can just see them trying to hold the DOW up–and this is the 3rd day they doing it. Global DOW is now down a big 30.

Posted by Richard640 @ 10:05 on November 9, 2018  

I think the mkt. ends down…if not by much…then more Sun nite & Mon. morn.

macroman3 @ 1:40

Posted by ipso facto @ 9:50 on November 9, 2018  

one of the most screwed things is that very soon the rains will have started and fire season will be over. I hope he’s wrong and that his house has survived.

FWIW – the filing numbers

Posted by Alex Valdor @ 9:16 on November 9, 2018  

broward

palm

Ororeef

Posted by Buygold @ 9:12 on November 9, 2018  

Sounds like palm Beach and Broward counties operate a lot like the Comex.

How to steal an election

Posted by Alex Valdor @ 9:03 on November 9, 2018  

TALLAHASSEE, Fla. – Yesterday, Governor Rick Scott made a statement regarding election results. The Governor’s remarks as prepared for delivery are below. See the lawsuits that were filed in Palm Beach and Broward Counties today HERE and HERE.

“Late Tuesday night, our win was projected to be around 57,000 votes.

By Wednesday morning, that lead dropped to 38,000.

By Wednesday evening, it was around 30,000.

This morning, it was around 21,000.

Now, it is 15,000.

On election night, Broward County said there were 634,000 votes cast.

At 1 am today, there were 695,700 ballots cast on election day.

At 2:30 pm today, the number was up to 707,223 ballots cast on election day.

And we just learned, that the number has increased to 712,840 ballots cast on election day.

In Palm Beach County, there are 15,000 new votes found since election night.

So – It has been over 48 hours since the polls closed and Broward and Palm Beach Counties are still finding and counting ballots – and the Supervisors – Brenda Snipes and Susan Bucher – cannot seem to say how many ballots still exist or where these ballots came from, or where they have been.

The people of Florida deserve fairness and transparency and the supervisors are failing to give it to us.

Every Floridian should be concerned there may be rampant fraud happening in Palm Beach and Broward Counties. And the Broward Supervisor of Elections Brenda Snipes has a history of acting in bad faith.

As you will recall, a judge ruled just this year that the office violated both state and federal laws by illegally destroying ballots in 2016.

In 2016, Brenda Snipes’ office posted election results half an hour before polls closed – a violation of election law. That same year, her office was sued for leaving amendments off of ballots.

In 2014, Brenda Snipes’ fellow democrats accused her of individual and systemic breakdowns that made it difficult for voters to cast regular ballots.

All Floridians should be concerned about that.

Palm Beach County is also refusing to provide information to the public. And they are illegally refusing to allow official party representatives into the ballot counting area and forcing people to stand behind a glass wall with limited visibility and no ability to hear what is going on.

This is a clear violation of Florida law – and we have just filed a lawsuit.

Both Broward and Palm Beach Counties have failed in their duty to follow Florida law which requires that vote by mail and absentee ballots are accounted within 30 minutes of polls closing. Further, Palm Beach County has failed to update the Department of State since 10:19 am yesterday. This is in complete violation of Florida law which requires updated reports every 45 minutes until results are completely reported.

We’ve all seen the incompetence and irregularities in vote tabulations in Broward and Palm Beach for years. Well…here we are again.

I will not sit idly by while unethical liberals try to steal this election from the people of Florida.

Senator Nelson hired one of Hillary Clinton’s lawyers from D.C., and the first thing he did was tell reporters that he is here to win the election. He did not say that he wants a full and fair election or even an accurate vote count. Here are some other things he has said.

In 2010: When his democratic client in Minnesota was leading by 8,000 votes, he said the lead was ‘insurmountable.’

In 2014: When his democratic client in Virginia was leading by 12,000 votes, he said there was ‘no precedent’ for a successful recount. He also said that recounts ‘really only happen where you are talking about dozens or a few hundred votes separating the candidates.’

In 2013: When another one of his democratic clients in Virginia was leading by only 165 votes, he said that recounts ‘do not tend to change the results.’

In 2016: When his democratic client in North Carolina was leading by 10,000 votes, he called it a ‘close but significant margin’ that would be ‘insurmountable.’ He also called on the opponent to ‘graciously concede’ rather than waste taxpayer money on a deficit that could not be overcome.

Again in 2016: When his client Hillary Clinton had lost the presidential race, he wrote an article highlighting that the margin of 10,704 votes in Michigan quote ‘well exceeds the largest margin ever overcome in a recount.’

Now, he is here to try to steal the election, and to try to thwart the will of the voters of Florida.

Every day since the election, the leftwing activists in Broward county have been coming up with more and more ballots out of nowhere. We all know what is going on. Every person in Florida knows exactly what is happening. Their goal is to keep mysteriously finding more votes until the elections turn out the way they want.

And when that fails, they will file a bunch of lawsuits in order to try to overturn the will of the voters.

There are 67 counties in Florida, only these two counties are involved in these shenanigans. There are NO OTHER COUNTIES – REPUBLICAN OR DEMOCRAT- that are trying to steal this election, or who are still finding ballots.

Some believe that this is simply rank incompetence. THAT IS CLEARLY TRUE.

BUT it would also be naïve to not realize that they could be trying to overrule the will of the voters of Florida.

Tonight, I am asking the Florida Department of Law Enforcement to investigate this immediately and I am considering every single legal option available.

No rag tag group of liberal activists or lawyers from D.C. will be allowed to steal this election from the voters in the state of Florida.

I am proud to be the next Senator from the State of Florida and look forward to going up there and making Washington work for all Americans.”

###

Producer Price Index Soars

Posted by Buygold @ 8:36 on November 9, 2018  

Apparently inflation is bad for pm’s, great for the USD and just so-so  for the SM

Is there ever any news or data that is good for pm’s?

I think not

Richard640 @ 7:20

Posted by Captain Hook @ 8:25 on November 9, 2018  

Exactly.

Buy and hold the bullion and rob the Wall Street robber barons of this power.

Cheers

Ponzi World

Posted by Richard640 @ 7:40 on November 9, 2018  

“Debt-fueled corporate buybacks will be crucial to sustained stock-market rebound”

Herein lies the problem:

ZH: Nov. 4th, 2018
Here Comes A Sharp Slowdown In Stock Buybacks

First off, companies already bought back an asinine $680 billion of stock during the first half of 2018, which was the most volatile period in three years. Here we see that stock buybacks barely kept the market afloat. Secondly, the reason the market rallied into late September was ahead of the Fed rate hike. It was a global short-covering rally. 


http://ponziworld.blogspot.com

R640 – James Mc

Posted by Buygold @ 7:32 on November 9, 2018  

“It’s as if the same cartel members are both the longs and shorts,”

Yes it is. I’ve been saying that for awhile now.

The results are the same, day in and day out.

From Murph last nite= Why would any legit spec long keep playing knowing that they will hit a brick wall, and then spend the rest of the day in a coma?

Posted by Richard640 @ 7:20 on November 9, 2018  

James Mc…

The big churn

Bill,

By 11:00 AM the Crimex had already traded 170k gold contracts, and a whopping 70k Comex silver contracts. It’s just another high volume/LOW volatility day in hell. I watched silver trade over 10,000 contracts this morning while the price moved no more than 1 1/2 cents. What the hell? This market is as broken as it gets.

If any whistleblower ever comes forward to explain not only WHO the players are doing this bizarre trading, but ultimately WHY they will crack the crime of the century. We know it’s being suppressed, it’s just odd that COT is virtually meaningless trying to decipher who any of the players are. It’s as if the same cartel members are both the longs and shorts, and are putting up one big charade. Why would any legit spec long keep playing knowing that they will hit a brick wall, and then spend the rest of the day in a coma? Seriously, is there ANYBODY who can’t figure out what’s going to happen next when all they have to do is look at a simple 3-day chart?

Day after day, week after week, the squiggly colored lines repeat, over, and over.

For all intent and purposes since June 15 any trading in precious metals has ceased to exist. It’s one big Kabuki Theater, with no real opportunities other than penny scalping.

If you inflation-adjust the current $14.40 price of silver to 1913 (when the Federal Reserve was created) it would be somewhere around 4-5 cents. In 1913 the average price of silver was 60 cents. In other words, using this metric it is currently between 12-15 times undervalued. Or, put another way, silver should be between $172.80 and $216.99 to be equal to the price in 1913. Churn on, ye cartel of blatant proportions.

James Mc

 

Sorry for that ipso, I talked to my buddy in Palm Springs 10 hours ago and he mentioned the Santa Ana’s blowing big. I asked about wildfires and he said nothing.

Posted by macroman3 @ 1:40 on November 9, 2018  

Even tho your friend’s situation is far removed, the winds and climate are still “local”.

Redding was a disaster.

Your day can always get worse

Posted by ipso facto @ 1:23 on November 9, 2018  

My friend and his family have been forced to flee their home in Paradise. He thinks it unlikely his house has survived.

Trouble in Paradise: Hundreds are trapped and 27,000 flee northern California town as dangerous wildfire swells to 5,000 acres sparking a state of emergency

https://www.dailymail.co.uk/news/article-6369843/Hundreds-trapped-thousands-flee-area-northern-California-blaze-swells-5-000-acres.html

Maddog

Posted by goldielocks @ 0:00 on November 9, 2018  

Down the road besides PMs there’s talk about medical because of Demos hype they care about lowering cost of health care. Pelsosi who said let’s just pass it and then see what’s in it. I checked MRK and it looks to be topping after a few dollars more for now and ignoring the general markets presently.
Others stocks like Qcom, presently looks to have more on the down side for now, big correction going on, for a long later because of their ” 5 G future” involvement with Qcom. Saw something about 5 G killing birds but can’t verify it yet.

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