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

is much better than a post jobs report plunge that is quickly bought…but the day is young and the fire brigade is always on standby…

The end is nigh, brother, the end is nigh!

World makrkets are like a pie crust stretched across the roof of a volcano!

Fu Manchu is about to pull the lever to the trap door!

Warbucks signals the trusty Punjab to cut the cords of the rope bridge!

Grease the skids! Happy tobogganing!

Does the FED think it can sustain this?

An economic bubble is essentially an economic activity that cannot sustain itself without a continuous influx of new money and credit to bid away real resources from self-funding endeavors. Financial bubbles are obviously closely related as financial assets are derivatives of underlying real production of goods and services. For example, an Apple stock is a derivative of the economic good emanating from peoples use of their cell phones. If the value placed on the services rendered from their product is high, the financial asset should reflect this through a high share price.

Aggregating this concept to include all assets and all production does not change the conclusion; valuations must reflect output somehow. In other words, there should be a causal connection between the value of assets and their ability to create output.

Quantitatively we can express this relationship by looking at the “Household Net Worth” time-series found in the Financial Accounts of the United States, compiled by the Federal Reserve (source) and nominal GDP as reported by the Bureau of Economic Research (source). We use the household net worth data because it is ultimately households that own all the productive assets in the economy so this is one of the closest thing we come to economy wide asset valuation which should correspond to NGDP, the widest measurement of output. To compare the two, we calculate growth rates of both and rebase them one for the first quarter of 1990.

Nominal GDP obviously reflect the economy’s ability to generate money income which can be used to, among other things, service cost of capital. Asset valuations reflect, or should reflect, a market view of the amount of money income the economy will be able to produce in the future. Elevated asset valuations are thus a reflection of exuberant expectations about economic output that will come. If for some reason that output fail to materialize, the expected money income will also be absent and overly optimistic valuations must be realigned with the new reality.

http://www.zerohedge.com/news/2016-10-07/do-our-central-planners-really-believe-will-end-well

Appears to be holding……so far!!

http://screencast.com/t/8wp5rS2dnvi

Sheesh, not looking so good right now.

bbl

Fingers Crossed!!

http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1bvf3gh-Screen%20shot%202016-10-06%20at%208.53.45%20PM.png

MELBOURNE – Barrick Gold’s stake in the Kalgoorlie Super Pit mine has drawn interest from Kinross Gold and Zijin Mining Group in a sale that could fetch as much as $1-billion, people with knowledge of the matter said.

Australian producers Newcrest Mining, Northern Star Resources and Evolution Mining are also reviewing data on the mine ahead of possible indicative bids, which are due by the end of October, according to the people. Chinese companies including China National Gold Group and Shandong Gold Mining are also considering offers, the people said, asking not to be identified because the details are private.

cont. http://www.miningweekly.com/article/barricks-1bn-super-pit-stake-said-to-draw-kinross-zijin-2016-10-07-1

Thanks, then it’s probably an IE problem.

ZH is fine with me,,in fact got better recently.

But I run a skinny version of Linux on a super fast gaming desktop…the thing blazes.

http://www.zerohedge.com/news/2016-10-07/gold-leads-bonds-bleed-jobs-miss-sends-rate-hike-odds-tumbling

At some point soon the Pound is gonna be the buy of the Century, rid of the EU we are gonna boom like never before……only worry is the EU blowing up first, which is odds on….but still think pound will do well.

ps Monster selling hitting SLV……

so they had to move all the mkts before hand…..it wasn’t just because China was on Holiday, their entire scam of the supposed “Recovery” is falling apart.

GS must be making out like the bandits they are, front running all these Scum plays.

“6% fall in the pound”

Wowser! That’s ridiculous!

Court finds Canada is best jurisdiction for Eritreans’ lawsuit against Nevsun

http://finance.yahoo.com/news/court-finds-canada-best-jurisdiction-202219567.html

Coeur Reports Third Quarter 2016 Production Results

http://finance.yahoo.com/news/coeur-reports-third-quarter-2016-214400347.html

As long as the SM acts positive – which they will – it’s all good

No idea what No’s were, but mkts tried to react in rational fashion, but were then rammed by Scum,…..ie :PM’s got bt, Bonds sold off etc..but that is not what Scum want…so we can close up shop tdy…Scum are all over the mkts.

Job Numbers here miss big. PM’s yawn. SM stays firm.

Interest rates and USD rise.

Nothing to see here folks, move along….

Even my Wife has been watching…she shouted up this Am that it had flash crashed…she is an ex-broker, so knows what all that means etc.

A major mkt shud not do that..but low liquidity etc combined with Screen mkts means it will happen.

As to the mkt technically we always had to do this C wave and an equal move tgts parity !!!!!! ie: 1to 1….just never thought it wud happen in 5 mins, more like 5 months…luckily I have mainly dollar based investments, because I saw it comming. As to the reason…pure bunkum, no matter how we leave the bloody EU, it is good news…at some point soon the Pound/dollar is a screaming buy…..

Ps looks like Skiing is out of the window this year tho !!!!!!!

I think it needs a head ……, warm thick double cream  🙂

“I Initially Doubted What I Saw On My Screen” – Wall Street Responds To The Historic “Pounding”

“I initially doubted what I saw on my screen…. This is not something you would expect in a half-efficient market. We have a liquidity situation which has eroded massively over the last few years and policy makers have largely ignored it.

90% of the countries in the UN’s little “club” are run by dictators. Obozo sees it no different. I think the USA has been systematically disassembled intentionally and we should hang the man in the front yard from rope and a light post to set an example of what happens when you commit treason towards the country, this man is a coward