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

Brazil’s Senate indicts Rousseff, opens impeachment trial

Brazil’s Senate voted early on Wednesday to indict President Dilma Rousseff on charges of breaking budget laws and put her on trial in an impeachment process that has stalled Brazilian politics since January.

With the eyes of the world on the Olympic Games in Rio de Janeiro, senators in the capital Brasilia voted 59-21 against the suspended leftist leader in a raucous, 20-hour session presided over by Chief Justice Ricardo Lewandowski.

A conviction would definitively remove Rousseff from office, ending 13 years of leftist rule by her Workers Party, and confirm that interim President Michel Temer will serve out the rest of her term through 2018.

Rousseff’s opponents needed only a simple majority in the 81-seat Senate to put her on trial for manipulating government accounts and spending without congressional approval, which they say helped her win re-election in 2014.

http://www.reuters.com/article/us-brazil-impeachment-vote-idUSKCN10L0HO

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Conclusion

According to the LBMA, ‘Loco London’ “refers to gold and silver bullion that is physically held in London“, however, given the secrecy which surrounding trading data in the London gold and silver markets, and the lack of publication by any bank about the proportion of unallocated client balances in gold or silver that it maintains versus the physical gold or silver holdings that it maintains, this ‘loco London‘ term appears to have been abused beyond any reasonable definition, and now predominantly refers to debit and credit entries in the virtual accounting systems of London based bullion banks. Nor, in my opinion, will the LME contracts change any of this. One would therefore be forgiven in thinking that the real underlying inventories of gold and silver in the London market and their associated inverted pyramid unallocated account positions are too ‘precious’ to divulge to the market. The Bank of England is undoubtedly licking its chops to the continued opacity of the market.”

http://www.zerohedge.com/news/2016-08-09/charade-continues-london-gold-and-silver-markets-set-even-more-paper-trading

Comment: “Clear as mud” is right !!

Deutsche Bank Unexpectedly Found To Have Massive Capital Gap, Larger Than Its Entire Market Cap

After the ECB concluded its latest annual stress test, which as expected found no problems with Europe’s largest banks instead scapegoating Italy’s well-known troubled banks in results that were widely discredited by the market, yesterday in an unexpected outcome, German economic research institute ZEW found that Germany’s largest bank, Deutsche Bank, had the highest potential capital shortfall, as much as €19 billion in a study of 51 European banks using U.S. Federal Reserve stress test methods. The capital gap is greater than DB’s entire market cap.

http://www.zerohedge.com/news/2016-08-10/deutsche-bank-unexpectedly-found-have-massive-capital-gap-larger-its-entire-market-c

http://heatst.com/politics/bernie-sanders-buys-house/

Comment: I take it he did not return some of the money his followers sent in for his Presidential campaign. Or maybe its a ‘gift’ from Hillary for his endorsement that left his loyal, if misguided, youngsters out in the cold.

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A TOP economist has warned that Germany’s biggest bank is teetering on the edge of crisis and they only way to protect it against future shocks is to nationalise it.”

http://www.express.co.uk/news/world/698305/Deutsche-Bank-financial-crisis-EU-Angela-Merkel

Comment: Let me think, haven’t we seen this before. Let the ‘Bail Outs’ begin ! One cannot help but wonder how many PM shorts this bank is having to make good on ?

Hot stuff! Bikini-clad ‘female Indiana Jones’ becomes the first person to surf around a volcano – using her bright pink board to swim just inches from free flowing lava

Read more: http://www.dailymail.co.uk/news/article-3733022/Hot-stuff-bikini-clad-female-Indiana-Jones-Alison-Teal-person-surf-volcano-using-bright-pink-board-swim-just-inches-free-flowing-lava.html#ixzz4GwIfC0g4
Follow us: @MailOnline on Twitter | DailyMail on Facebook

That is bound to get Hillary elected ! Course, about half of America will be unemployeed, and the shuttered doors of business on Main St will look like a ghost town. Amazing how the Democrats come up with these great ideas like Obamacare. 🙂

your playground list and some of the strategies you use in selecting them. I want to give that list a go over, and see if I can add a few of those. It doesnt look like I am going to get the pullback in PM’s I was hoping for so guess I will start easing my way back into the shares. And I will just have to pay up for the ounces. Seldom do things go like I expect or want. lol

it must be Maya’s fault. Wasn’t he living in ‘Cheesehead’ country for awhile? Was hoping Ryan would get his pink slip. Oh well, perhaps that honor will come at the hands of Trump? Hey, can we give Wisconsin to Canada? Ship all the illegal immigrants up there? Maybe it was the vote counters? Cant wait to get my RV, so I can vote in a lot of different places. 🙂

How did you do it ?? I went to watch some of the Olympics last night and awoke to see Gold & Silver did well over night. I nominate you for the night shift Gold Watch. 🙂

Its all relative anyway a hundred billion here and a hundred billion there,before you know it ,it adds up to real money !

A Burlington train of heavyweight passenger cars pops out of the tunnel.
http://www.railpictures.net/photo/582752/

I’m sorry, old friend, but at 100 Billion Zim. you ARE poor!  I’m one of the 1%…

Watch “Still Report #1098 – Dead Man Switch – But Snowden is “Fine”” on YouTube
https://youtu.be/8xhqp9r6vNk

Watch “Still Report #1105 – Assange   Murdered DNC Staffer Was Wikileaks Source” on YouTube
https://youtu.be/tmwvI0L4raY

not even my One Hundred Bill Dollar Zimbabwe BILL !  As long as I got that Ill never be Poor Again !

Lol on the pet Rock. Yes they can break rocks too. A wild bumch with lots of cousins on his dad’s side construction oil hot shots all that. My daughter got this big bouncing bal she said it said its UN breakable. It broke in About 3 minutes or less They have a pool so that kept them busy running in and our. He kept right up with them without a life jacket. One of the boys not paying attention blocked him from getting to the steps of the pool so he just climbed up on him. Anyways that’s why I got the insurance,

I got One Hundred BILLION DOLLARS (one BILL)stash away …locked up in my safe (ZIMBABWE) Reserve Bank of Zimbabwe ..Im rich I tell ya ..Im RICH !….as long as I got that ,Ill never be poor !

silver bumping up past twenty,

gold pushing thirteen fifty,

summer fading, labor day creeping closer,

time for some classic dylan.

https://www.google.com/search?q=bob+dylan+knockin%27+on+heaven%27s+door&ie=utf-8&oe=utf-8

I sold CLF (steel coal) and SWC today, I think they need higher Dow SnP which might drop soon. Plus they need a stronger economy and global is slowing, autos over sold. (platinum for auto mufflers)

Plus, CLF started dropping today, they announced selling or adding shares to float, dilution? and 29% short interest.

HL (silver) new high, looks great. Insider buying too.
http://www.marketwatch.com/investing/stock/HL/insideractions

HL
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=hl&sid=0&o_symb=hl&freq=2&time=20

I bought more BTG (gold) new high.

I may buy more SAND, new high today.

SLW (silver) New high today.

EXK (silver) looks good

GORO (gold) looks good.

RIC I like, 5 days down, on a low now, high volume day, possible rotate up sign.

WATCH GSV, (gold) (Nevada good) huge high volume day, possible blow off bottom, made announcement re assay results after the close. (high risk high return)

Note do not trust accuracy of closing prices. Sometimes they are after market close and only a few hundred shares traded.

Last week couple of friends wanted some help as to what symbols I’m on. Passing it on to you guys.

I My best YTD are CDE and AG. I can NOT believe how high my account balance is YTD. I usually buy a small amount of the best % performers on the silver or gold sector lists. YTD column.

The smallest market caps, or extremely low volume, low dollar volume, 5 letter symbols no good, too unpredictable, and the big caps are too slow going up but very safe.

Its nice to see a p/e no mater how high or low. $3 $5 $10 $20/share or higher is better.

I start with a small position. If I see a new position climbing, 6-8-or 10%, I double the shares and cut the % gain in half, (that’s my cushion if it drops and then sell at break even) and keep laddering up.

Stocks I’ve been on and adding funds since Dec bottom:

AG, CDE, (silver)
SAND (royalty)
AGI (gold) and
NSU (copper)
NUGT (gold vegas money)

Recently added and slightly higher,
DRD, BTG, KLDX (gold) and
SWC (platinum)
CLF (coal, Steel).

Also have these for Vegas money,
GSS, VGZ, ARCTF (gold) and
TZA (small cap short).

Stocks I had once and regret selling.
SBGL, MUX, KGC, HMY, (gold)
TCK, (coal plus)
RYI, (Metals distributer)
CLF, (steel coal, bought it back)

Others I like and watch,
AEM, SLW, PAAS, EXK, ASM, IPOAF (silver)
NEM, ABX, GOLD, TAHO, SBGL, GORO, RIC, AUY, NGD, NGLOY, PVG, TRX (gold)
SWHC, RGR, (gun sales)
TBT (bond short, likes higher rates)
SLCA, EMES, HCLP, OKE (energy fracking)
UGAZ (vegas, nat gas bull)

Ones OK, from your list,
AG, CDE, HL, FSM, SVMLF, GPL, (silver)
IAG, MUX, GSS, AKG, AXU, (gold)
WNR (likes lower oil)

AP says Ryan the winner with something like 28% of the votes in.

https://ballotpedia.org/Wisconsin%27s_1st_Congressional_District_election,_2016  Click on this,, scroll down,  and it should take you to a live? voting site for results. As good as it will probably get with the media on lock down here. Go Nehlen!!

gold got tired of the flatline.