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

What’s going on today are market makers crushing the shorts.

OK that sounds reasonable – possible.

This Is The Rumor Causing The Spike In Deutsche Bank Shares

The catalyst for the DB spike is again a rumor.  There has been trader unsubstantiated speculation – launched on Twitter – that the bank may reach a lower RMBS settlement with the U.S. DoJ than feared. As Bloomberg seriously notes: “unverified handles on Twitter speculate the DoJ fine may be $5.4b, vs reports earlier this month the DoJ had sought $14b. Unverified handles including @fiatcurrency, @Fxmacro Tweet or retweet the speculation.”

I agree with you ,my point is if Trump is not allowed to fix our problems NOW ,they will be fixed by someone like Dutarte later !

but they will be fixed !The longer the corruption goes on ,the more violent will be the cure .

New York hedge fund fined $400m for Congo bribes

Hedge fund Och-Ziff has to be cough up $412 million after the US Department of Justice and the Securities and Exchange Commission found the New York-based firm violated the Foreign Corrupt Practices Act.

Two executives, Daniel Och and CFO Joel Frank, also agreed to a financial settlement with founder Och ordered to pay a fine of nearly $2.2 million to settle SEC case.

According to Global Witness, a human rights organization, some of the key violations in the Och-Ziff case came in mining and oil and gas deals in Democratic Republic of Congo:

“In the course of its Congo deals Och-Ziff financed the Israeli billionaire mining and oil magnate Dan Gertler in his acquisition of companies and mining and oil assets. A “significant portion” of the loans paid to Och-Ziff’s “Israeli businessman…partner in DRC” were used “to pay bribes to high-ranking DRC officials to secure mining assets for Och-Ziff and its partner”, according to a document published by the SEC.

Gertler disputes any wrongdoing in his business dealings in Congo. His spokesperson has said prior to the release of the SEC document that the Och-Ziff case has “nothing to do with [Gertler’s] Fleurette”.

cont. http://www.mining.com/new-york-hedge-fund-fined-400m-congo-bribes/

I think we’re just going to have to agree to disagree on that one. Duterte makes Trump’s occasional foot in mouth utterance look like a love poem.

maybe making a move in GOLD counter to Brussels…MAYBE they will make a bid for DB wouldent that be a HOOT !

http://www.miningweekly.com/article/court-approves-teranga-takeover-of-gryphon-2016-09-29

He’s not such a Knucklehead….He’s an example of whats to come if Trump is NOT ELECTED ..better the knucklehead you know than the one you dont know !

Nothing to see here! Move along!

In a sense it looks like they are bailing out DB right now by buying their shares which are now up 7.5%

They can prop the shares up enough through the back door enabling DB to do a rights offering without a formal bailout.

Expect the DOJ here in the US to back off from their $14 billion fine any minute.

Most importantly though – crush pm’s

Philippines President Compares Himself To Hitler, One Week After Telling Brussels “F**k You”

The world’s most entertaining, Tourette syndrome-plagued president, Philippines Rodrigo Duterte has just sparked another scandal.

As a reminder, one week ago, in his latest outburst, Duterte stunned reporters and officials when he responded to Europe’s condemnation of his government’s brutal anti-crime crackdown, when after an EU statement urged Duterte to put an end to the “extrajudicial killings” and launch an alternative campaign in line with international human rights laws, the president did not hold back in his response to Brussels and during a speech said: “I read the condemnation of the EU against me. I will tell them: ‘Fuck you.’ “You’re doing it in atonement for your sins.”

He accused the bloc of hypocrisy, saying a rudimental check of the history books showed European countries had killed thousands of people in the past. “He added: And then the EU has the gall to condemn me. I repeat: “Fuck you.”

Fast forward one week, when Duterte compared himself to Adolf Hitler on Friday, and said he would “be happy” to exterminate three million drug users and peddlers in the country.

In yet another rambling, disjointed speech on his arrival in Davao City after a visit to Vietnam, Duterte told reporters that he had been “portrayed to be a cousin of Hitler” by critics. Explaining that Hitler had murdered millions of Jews, Duterte said: “There are three million drug addicts (in the Philippines). I’d be happy to slaughter them.

“If Germany had Hitler, the Philippines would have…,” he said, pausing and pointing to himself. “You know my victims. I would like (them) to be all criminals to finish the problem of my country and save the next generation from perdition.”

cont. http://www.zerohedge.com/news/2016-09-30/philippines-president-compares-himself-hitler-one-week-after-telling-brussels-fk-you

So when do we think if the ECB and Fed are gonna bail out DB, do we think that magicking up $ 75 Trillion is money printing !!!!!!!

As for the rumour it is bollocks…the ECB cannot bail DB, they are not allowed to in their charter….ahaa CNBC/Cramer will say they don’t give a damn about that…true…..but Merkel has a bigger problem…if DB is bailed then all of the Greek., Italian….Spanish etc Banks will be bailed and until now she/Germany has been adamant that u can’t bail ur banks….so big time dilemma.

Buygold…so glad Cramer is happy…makes me feel warm all over !!!!!!

These crooks have so many tricks up their sleeves.

Better than expected!

54.2 smashes estimates of 51

Next time a $75 Trillion monster bank blows up…Buy as mny normal stocks as poss and short all PM’s especially the Stocks…..and just keep chanting “it’s no big deal…it’s no big deal” etc, etc.

Also today is a triple witch–an opening rally could-possibly-maybe–set up a bearish reversal–a rally also shows complacency–that said, it’s hard to imagine the FED would allow a crash-especially in an election year…long shots have big odds: the favorite pays, at best, even money.

Here they come with the pressure – especially on the shares

Deep in the Swiss Alps, next to an old airstrip suitable for landing Gulfstream and Falcon jets, is a vast bunker that holds what may be one of the world’s largest stashes of gold. The entrance, protected by a guard in a bulletproof vest, is a small metal door set into a granite mountain face at the end of a narrow country lane. Behind two farther doors sits a 3.5-ton metal portal that opens only after a code is entered and an iris scan and a facial-recognition screen are performed. A maze of tunnels once used by Swiss armed forces lies within.

The owner of this gold vault wants to remain anonymous for fear of compromising security, and he worries that even disclosing the name of his company might lead thieves his way. He’s quick to dismiss questions about how carefully he vets clients but says many who come to him looking for a safe haven for their assets don’t pass his sniff test. “For every client we take, we turn one or two away,” he says. “We don’t want problems.”

cont. http://www.bloomberg.com/news/articles/2016-09-30/secret-swiss-gold-vaults-are-the-new-swiss-bank-accounts

“Cramer said DB will be fine”

Now I feel much better.

Cramer said DB will be fine. Said the same thing about Bear Stearns I think.

PM’s strong despite a strong USD?

Not much, just the end of the current financial system started.

Scum gonna have to buy all stocks offered. sell all PM’s bid and buy dollars all day, in the hope that prices do little, in order to keep CNBC happy campers.

You know the ball has to come to the surface sooner or later. It was just repressed for a while