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

Hi Ipso, R6

Posted by Buygold @ 10:12 on July 10, 2019  

Ipso – yes, even though the USD hasn’t fallen that much it has certainly devalued against gold. Not sure if the article meant some sort of “event” devaluation or just sort of jawboning and rate reduction to devaluate.

R6 – I guess to answer your earlier question it looks like they’ll keep the shares under wraps on the day, which should keep a cap on the metals as well. Silver has already lost half its gains.

Not much new on planet earth today that I can see.

Buygold @ 8:46

Posted by ipso facto @ 10:00 on July 10, 2019  

“Devalue the dollar”

Maybe this is already policy … with the boot taken off of gold’s neck, gold is finding a higher “natural” price … in effect devaluing the dollar against gold.

HUI almost got to 199

Posted by Buygold @ 9:55 on July 10, 2019  

but that was a little too close to 200 so it immediately fell back to 197 and change. Looks like a hit might be on the way.

Do you guys remember the days when the HUI had no problem going up 5-10% in a single day?

Neither do I……

SM has no problem with going higher though.

Erdogan shooting himself in the foot once more

Posted by ipso facto @ 9:52 on July 10, 2019  

EU Mulls Sanctions On Turkey After 2nd Drilling Ship Deployed In Cypriot Waters

Turkey and Europe are headed for a showdown in the eastern Mediterranean over Turkish plans for oil and gas exploration and drilling in Cypriot-recognized waters, with the European Union reportedly now mulling cutting financial assistance to Turkey over the illegal drilling. EU envoys are reportedly meeting Wednesday to discuss various punitive measures against Turkey, including suspending aviation talks and even sanctions.

The latest crisis was triggered after Turkish drilling vessel Yavuz sailed to an area off Cyprus’ east coast at the start of this week — the second to follow a first drilling vessel, Fatih, which had already been exploring in Cypriot waters. Notably, the vessels have been accompanied by the Turkish military, including drones, F-16 fighters, and warships.

https://www.zerohedge.com/news/2019-07-09/eu-mulls-sanctions-turkey-after-2nd-drilling-ship-deployed-cypriot-waters

Hey Maddog, R6

Posted by Buygold @ 9:33 on July 10, 2019  

Maddog – yes, there should be a lot of folks nervous and rightly so. I guess that’s what happens when you dance with the devil and feed those fantasies. What’s sad is that we have so many of those type of men in positions of power within our gov’t. It’s almost a pre-qualification anymore.

R6 – Wolanchuk, definitely called it. Gold should go up with stocks in a weak dollar environment right? ala Zimbabwe?

Don’t know which group they’ll stifle today whether it will be the shares, metals or ultimately both. I guess when Powell actually speaks that’s when they might try to smash. That’s been the M.O. for so many years.

Not sure I understood what you mean here: “going up as they should…by rallying the $? That doesn’t seem possible”

Morning Buygold

Posted by Maddog @ 9:15 on July 10, 2019  

I was just reading that link u put up, re Epstein…..what a story and boy, oh! Boy are some people gonna be very nervous…rightly so.

What odds he lasts the week…..when all the hit men arrive, they’ll be a queue round the block !!!!!

Ps our establishment delight in belittling the Donald, so when they call up and ask him to go easy on Andrew, I wonder it it will be a one word or two word answer !!!!!

Buygold–which way will they try to stop todays rally? Not by crushing PM stocks/etfs=they are

Posted by Richard640 @ 8:59 on July 10, 2019  

going up as they should…by rallying the $? That doesn’t seem possible…I guess they’ll just have to try to overwhelm gold with sell orders…hopefully none of that will work and we can have a normal day…it’s tough to shake the old conditioning=

depression when gold. is in a bear mkt

Anxiety  that it all suddenly reverse when gold is in a bull market…I like that. silver is participating.

Looks like Wolanchuk was right=stocks and gold rise together

If they Devalued the USD all hell would break loose IMHO

Posted by Buygold @ 8:46 on July 10, 2019  

Trump Asked Fed Board Nominees For Their Views On The Dollar

It’s just the latest sign that the administration might soon move to actively weaken the greenback.

Powell loves gold – nice pop – would love to see HUI spike above 200

Posted by Buygold @ 8:44 on July 10, 2019  

“Outlook Continues To Dim” – Powell Prepared Remarks Signal Dovish Bias Persists

Powell TL/DR: The economic news is terrible enough to send the S&P back over 3,000

Morning Maddog

Posted by Buygold @ 8:29 on July 10, 2019  

Think about Epstein, then think about his people (sponsors) having the ability to print unlimited fiat. They have the power to make anyone a billionaire. Look what they’ve done with that idiot Zuckerberg.

Epstein clearly fits the bill of most operatives, sociopath, depraved individual without a conscience. He was the perfect guy to blackmail the politicians into political favors.

Make sense now?

Bombshell: Alex Acosta Reportedly Claimed Jeffrey Epstein “Belonged To Intelligence”

“I was told Epstein ‘belonged to intelligence’ and to leave it alone…”

FWIW: What Really Caused The Recent Major California Earthquakes? IMO definitely worth consideration!

Posted by silverngold @ 8:13 on July 10, 2019  

Set your Buck Rogers wrist watches for 8:30—a zillion reasons to own gold yet its fate rests on a rate cut decision-it’s ludicrous!

Posted by Richard640 @ 7:40 on July 10, 2019  
Chair Powell is slated to give his semi-annual testimony before the House Financial Services and Senate Banking Committees on Wednesday and Thursday, respectively. His prepared remarks will be released at 8:30 am Eastern on Wednesday morning. As per the usual with these hearings, Powell will be testifying on behalf of the FOMC. Consequently, as Deutsche Bank’s Matthew Luzzetti notes, his prepared remarks and the overall tone from his testimony, should largely adhere to the message from – and the intricacies of – the discussion at the June FOMC meeting, the full details of which will be revealed with the release of the minutes to this meeting later on Wednesday.
https://tinyurl.com/y5ya9obt
Image result for buck rogers wrist watch

Wanna end up like France [and England]? Then keep voting democrat and this will be Americas future=actually it’s already here-

Posted by Richard640 @ 5:35 on July 10, 2019  

Dark Days In France

Every regime under siege has a choice: improve its performance and unify the country or . . . crack down on critical opposition. The Macron regime has decidedly opted for the latter, proposing yet another law to destroy that pesky last bastion of free speech in France: the Internet.

The person charged with drafting this new legislation is Laetitia Avia, an MP of Togolese descent, with the support of Parliamentary Undersecretary for Digital Economy Cédric O [sic], a Franco-Korean. The law will require social media platforms like Facebook, Twitter, and YouTube to provide “a single alert button, common to all big platform operators” for users to report “cyber-hate” (presumably more visible and uniform than what exists already).

https://www.zerohedge.com/news/2019-07-09/dark-days-france

Silver Train

Posted by Maya @ 4:03 on July 10, 2019  

rrflasher-copy

The BNSF corporate silver train
https://railpictures.net/photo/701624/

 

dbbaba2 @ 18:57 on July 9, 2019

Posted by Ororeef @ 2:12 on July 10, 2019  

Simply fine Jamie a Billion to stay outta jail….then turn him loose to do it again…catch & release for Bankers  !

rinse &repeat

Do Epstein the same way….Deutschbank bank …ditto

Trump will balance the budget in no time  …

Alternative simply take the Billion in drugs and sell it ,put it out on the street where it will earn 10 times that.

Deny the wholesalers their profits  ,give them competition with their own drugs …Balance the budget in no time !

The same druggies buy it anyway…

Who do you think is in the Drug business ..its the Banksters ,the Politicians    ..let them balance the budget.

Fine them all a Billion and jail them until they come up with the money …

They Launder about 20 billion annually ..a billion here and a billion there pretty soon it adds up to real money..

« Newer Posts
Go to Top

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