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

So rates are droppinf fast–this could get serious…what is ominous is how yesterday investors were non-plussed by the FEDs action and today they are soooooooooos surprised at the y.c. inversion…I’m looking hard at. JNUG

http://futures.tradingcharts.com/marketquotes/ZN.html

Some of the shares are holding up pretty well again – go figure.

My accounts are green – not by much but go figure even more.

Stink market getting a nice butt whoopin’ – keep figuring…

https://ceo.ca/@nasdaq/pure-gold-reports-financial-results-for-year-ended

Paulson & Co., which holds 14.2 million shares of Newmont Mining (NYSE: NEM), said on Thursday that it does not support Newmont’s proposed acquisition of Goldcorp (NYSE: GG, TSX: G) as it is structured.

Paulson sent a letter to Gary Goldberg, president and CEO of Newmont, that outlines how the deal, under the current terms, creates negative value for Newmont shareholders.

“The $1.5 billion premium to Goldcorp shareholders is unjustified given Goldcorp’s poor performance,” Paulson wrote. “As currently structured, the synergies from the transaction would only accrue to Goldcorp shareholders, the transaction would transfer a significant percentage of the value created by Newmont’s recently announced Nevada joint venture with Barrick to Goldcorp shareholders instead of preserving this value for Newmont shareholders, and following the creation of the Nevada joint venture, Newmont is positioned to create greater value as a stand-alone entity than if the acquisition were completed under current terms.”

cont. http://www.mining.com/paulson-opposes-newmonts-proposed-goldcorp-acquisition/

scum sure sitting on PM’s….Bonds are falling apart.

Critically, as Jim Grant noted recently, the spread between the 10-year and three-month yields is an important indicator, James Bianco, president and eponym of Bianco Research LLC notes today. On six occasions over the past 50 years when the three-month yield exceeded that of the 10-year, economic recession invariably followed, commencing an average of 311 days after the initial signal.

Bianco concludes that the market, like Trump, believes that the current Funds rate isn’t low enough:

While Powell stressed over and over that the Fed is at “neutral,” . . . the market is saying the rate hike cycle ended last December and the economy will weaken enough for the Fed to see a reason to cut in less than a year.

Equity markets remain ignorant of this risk, seemingly banking it all on The Powell Put. We give the last word to DoubleLine’s Jeff Gundlach as a word of caution on the massive decoupling between bonds and stocks…

“Just because things seem invincible doesn’t mean they are invincible. There is kryptonite everywhere. Yesterday’s move created more uncertainty.”

https://incakolanews.blogspot.com/2019/03/excellons-exnto-security-detail-may.html

My 24 hr spot feed has gold up barely $ 2.30.

Yeah I got gold up a measly 3 bucks and silver flat with most of the miners down

So yesterday the shares didn’t get spanked with the metals down because the stock market was up I guess

Today the stock market is down so doesn’t look like the shares will escape the down market.

Plus the dollar is a bit stronger again which is odd with the ten yr. treasury now below 2.5 @ 2.47%

Regardless, pm’s must never be a viable alternative.

I think the media controls how people think. And what they do. So the press needs to be the primary target to change, to fix everything else. The media never runs for office. Like a dictatorship.

Obviously the global left controls the media and tells people how and what to think. Then those people get older and think and vote the wrong way. The only people that have freedom of the press, are the people that own the press.

Trump just says “fake news”. He can only bash their news, and not allowed to bash the owners, or the “employees” that decide and dictate what is said to the public. Is he not smart? Or just behaving?

I still think he was recruited and unleashed to say different things, his rhretoric to the public. Note their media gave him tons of prime time tv. They (the owners) gave Hillary bad media.

Lets ask ourselves, why did the global owned media want a Trump and republicans to win. It’s always an 8 year run for each party. Not a coincidence. That’s why I knew Trump would win.

the only time it was different was when papa Bush got 12 years. Reagon had to take Bush as a running mate. Reason was not REALLY the president. IMO.

They didn’t want Bush to get a 4th term so they jacked up rates abruptly before the election, and called it the Bush recession. After he lost, the election they abruptly dropped the rates back down.

Globalization accelerated during Reagan. ‘81 to ‘89. Even the 1987 crash. The manufacturer sector collapsed imploded during Reagan. I know, I was there, in it watched it. We all loved Reagan but he was not in charge.

The media was. And taught everyone that we don’t want those dirty polluting menial  jobs. We don’t want the rust belt they called us. Said we were going to get higher quality cheaper products.

The scumbag Media directors never mentioned the sacrificed Americans that made the products. They all took 40% pay cuts after that.

Doesn’t anybody remember any of this crap? More to say but I’m done.

Also, pre-mkt quotes shows JNUG down 19 cents

https://www.nasdaq.com/symbol/jnug/premarket

Delaware House passes bill to give state’s Electoral College votes to popular vote winner
This says it all.

https://thehill-com.cdn.ampproject.org/v/s/thehill.com/homenews/state-watch/434545-delaware-house-passes-bill-to-give-states-electoral-college-votes-to?amp=&usqp=mq331AQCCAE%3D&fbclid=IwAR03lP8mP7bVuuPm9j8CBzgh4RLCDDqNGKfFZYmf4pXuR_yNEG3_xWYtvpY&amp_js_v=0.1#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fthehill.com%2Fhomenews%2Fstate-watch%2F434545-delaware-house-passes-bill-to-give-states-electoral-college-votes-to

The Southern Pacific ‘Daylight’…
the spirit that won the West.
http://www.railpictures.net/photo/690396/
http://www.railpictures.net/photo/690583/

Bragging they were behind the Iran deal.
One of their latest. Trump just won’t give them what he wants no matter how much bullying they give him then call him a bully.
They look like a certified enabler of trouble.
Trump’s campaign is attacking us for calling on the Democratic presidential candidates to skip this year’s AIPAC (American Israel Public Affairs Committee) conference—an event that will feature Benjamin Netanyahu, the corrupt, right-wing prime minister of Israel; a right-wing lobbying organization that champions him; and Mike Pence.

In 2015, while Barack Obama and MoveOn members joined forces to pass the historic Iran nuclear deal, Netanyahu gave a speech in front of Congress trying to get them to reject the deal. AIPAC also played a hand in spending tens of millions of dollars to block the Iran deal. Netanyahu and AIPAC tried to exploit partisan politics in America to undermine Obama’s historic Iran deal, but together, with President Obama, we successfully defended a diplomatic agreement that helped keep the U.S. off a path to war with Iran. (Trump has since eviscerated the agreement.)

Now, over 74% of MoveOn members who took our recent poll agreed that any progressive candidate vying to be the Democratic nominee for president should skip the AIPAC conference. The conference, you guessed it, seeks to shred the historic Iran nuclear diplomatic deal we fought so hard for—and to deny the basic human rights of Palestinians.

And Democratic candidates are listening. Just today, Bernie Sanders, Kamala Harris, Elizabeth Warren, Beto O’Rourke, Julián Castro, and Pete Buttigieg, as of this writing, have all said they won’t attend the AIPAC conference—which may be in part why Trump’s attack dogs and other right-wing groups are going on the offense against MoveOn.

From ZH readers;

QQQQQQQQQQQQQQQQQ-EEEEEEEEEEEEEEEEEEEEEEEEEEE forevah

Why talk fundamentals when it’s only the rate of money / credit creation that counts in a debt based currency system?

The Western Private Central Banking Cartel takes down the economy when they want.  2008 was more about electing the Kenyan Kommunist than it was anything real.  Of course knowing it would happen means our banking lourds and masters knew exactly when to buy into the stock market so they’ve cleaned up there.

Gold sneaking up and a nice looking candle on the HUI. Things could be worse!

lme warehouse stocks of zinc have been dropping for a while.

http://www.kitcometals.com/charts/zinc_historical_large.html

the last 60 days has seen a 50% drop in warehouse levels.  if this rate of drop continues another 60 days, the shelves will be bare!

zinc isn’t something the global economy can run without.  it’s in lots of products.  brass, galvanized anti corrosion coatings, latex paint, tires, medicines, fertilizers….

many precious metal miners have a significant zinc byproduct in their ore.

IF kitco’s figures on warehouse levels are an accurate indicator of the global supply level, we’re about to see some turbulence in the zinc market.

Gold started up as the rates dropped from Nov.

for some odd reason the shares are doing ok today for the most part – not sure why given the action in the metals

I guess even the metals aren’t doing that bad considering how strong the USD is.

Then again, there’s always the last hour of the day to contend with.

77-year chart shows upswing in gold mining stocks have hardly begun

77-year chart shows upswing in gold mining stocks have hardly begun