GoldTent Oasis is dedicated to our friend and founder John F. Murphy (Wanka) of Key West, Florida without whom this website would not exist. Gone but never forgotten.
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Re parts:
“They were required to use DEBT to finance everything” “How could it possibly succeed in bringing a better life to anybody”
Comment:
For example, the bankers cosigned real estate loans to maintain liquidity and pump the value or real estate. When loans go bad the banks lose. The guy that stops paying the loan has a better life, with more money to spend.
The bankers won, but now there is nothing left to win. And they are holding rates lower than they need to survive.
The bankers are the establishment, and the establishment’s ways have failed in 2008 and are in reverse, note Trump and Brexit.
Couple weeks leading up to the GOP convention I kept seeing stories in the media about how BAD it was going to be with all the protesters, and discontents showing up by the thousands to demonstrate.
Thus far the crowds of angry anti-Trump can be measured in the hundreds at best, and I think the idiot that set himself on fire while attempting to burn the American Flag best symbolizes their inept and futile efforts. And if they were hoping for media coverage to boost their case, so far the most exposure has been getting caught with their pants on fire, literally. Sometimes, poetic justice has a sense of humor. 🙂
” I learn as I go along and pass the dollars out.”
If nothing else, life is but a learning experience from out first breath till our last. And hopefully, we are blessed enough along our journey that we can ‘pass a few dollars out’ and be of help to others.
You are truly a ‘Golden Soul’ at heart.
Have my coffee so lets see what this day brings, Best, Farmboy
With the world in crisis, my email inbox is flooded. Especially so, since over four years ago, I forecast a period of rising domestic and international geopolitical tension, violence and even war.
At the time, almost no one believed me. They even laughed. I even told them the Federal Reserve and other central banks would be meaningless going forward. As would interest rates. Everybody — and I mean everybody — thought I was nuts.
Even more so, when I told everyone that the geopolitical tensions would end up sending the Dow Industrials to new record highs near 31,000.
Well now, no one is laughing. To the contrary. The world, including the U.S., is crying. And now, everyone is asking me, “What the heck is going on?”
Midland Completes Phase I Prospecting Program on the Willbob Gold Project, Labrador Trough, and Identifies Several New High-Grade Gold Showings Up to 15 g/t Au
is a lot of talk to explain that the European Union was doomed to failure BECAUSE they were required to use DEBT to finance everything and prevented from using internal generated profits to support Growth ..Thats it ! and thats whats behind Greece failure and now the rest of them to follow. The Banksters wrote the “AGREEMENTS” that would insure the money -Lenders would put everyone in DEBT before any Union benefits could accrue . How could it possibly succeed in bringing a better life to anybody when they were required to go into DEBT ! The money Changers need to be driven from the UNION to give it any chance at all. The benefit of any Union at all is that Germany cant start WW3 ..it will be voted down ! So the Europeans are given a choice of an independent War like Germany rising again or going bankrupt while making the Money Lenders Rich ..A FINE CHOICE between WAR or Bankruptsy DEBT …is that any way to run a Union ?
First Germany robs and Pillages Europe ,now the Money Lenders do it ! Thats progress ?
He has decided not to support the Trump Class ACT even though he was given a Face saving opportunity to join and he chose not to .He will find that in the Trump organization everyone is free to leave ,,,,you just cant come back ! The train is leaving the Station….On the way out of the Convention with his Goldman Sachs wife they were shown the DOOR and it hit them in the Ass on the way out…!
That means less wind and Solar and a return to NUCLEAR just in time to HIRE some Muslims to get them going ! DUH ! Women in Government ! the thinking precess is subordinated to emotional political corectness which leads to STUPID……What could possibly go wrong ???
I’m glad you found it although don’t know how you got all you and your wife’s things all the way to Hawaii. Must be a expemse. It cost like 150 to send two boxes of China to a neice in Wisc of her great grandmas and out of Kalifirnia. It couldn’t of come back to you at a better time.
Eeos,
Rambus although I don’t follow his charts what I’ve seen is a good chartist. If things turn from a pattern he says something about it and doesn’t try to play ego and hold on to something he said the month before. He goes by his charts and the perception of it. For every bull chart theres a bear chart and vice versa
Charting is a good indicator but subject to change based on things we don’t know or unforeseen like a earthquake tornado or war or banks on and on. People who follow ” honest ” chartist have to do their own watching based on these changes that come along and or pay attention to the support resistance levels. If you investing based on charting people have to take a active roll and not just put it there and forgetaboutit until someone tells them what to do when changes become apparent.
Bitcoin has become the gift that keeps on giving for me. I got in way early… sub $10… and when it first soared to a $grand I leveraged out eight ounces of gold… basically for free. I had about 11 BTC in ‘leftover change’.
I thought I had lost it when the disastrous apple upgrade to OS 10.10 crashed everything and required a wipe of my hard drive a year or two back. I thought I had a BTC wallet backup on a thumb drive, but couldn’t find it.
Well, packing for moving is when you find everything! I just found the BTC wallet thumb drive. With BTC now at $667 I just ‘found’ about $6 grand! 🙂
And it’s still trending up, as the Chinese are getting into it in ever bigger ways. Clif says it will explode upward along with silver very shortly.
So I just got another backup drive and will have to install and run Bitcoin core and wallet, and endure the downloading and processing of about 80GB of blockchain transactions to get this all restarted. It may take several days of computer time, running in background.
Heh heh… I can finance an antenna tower and some solar PV panels for the ranch. Thank you, bitcoin!
Unfortunately, what’s-her-name seems to have absconded with the anti-gravity core. It was last known to be in her tote bag. A clue would be how well she got around on that flying broom…!
I hear ya about the heat. Klondike bars are great… but fattening. In Hawaii it is “Shave Ice”… aka ‘snowcones’ with your favorite flavor syrups in rainbow fruit flavors. Ain’t no freeze like a Brain Freeze!
some folks have been talking bad about you, but I’ve been sticking up for you good name. ( is lying still on that short list of things I aint suppose to do…? Seems Hillary gets away with it enough….)
Anyways, was wondering what you think of this GOP convention so far? I see ole Newt is going to speak tonight. Kinda hoping a Georgia boy can shake up that crowd a bit more for Trump.
Ps) If Wanka aint feeding you enough, I can make you a ‘mater samich’. Thats two pieces of white bread, with half inch slice of tomato, salt, pepper, and Duke’s Mayo. Finest eating you’ll find in the South over summer.
Thanks for the targets. Really have no idea how T/A targets other than up could possibly work on the S&P.
Simply amazing how the SM opens up in the morning and just flat lines to hold its’ gains pretty much all day long. PM’s OTOH actually seem to trade like a real market, if the trend is down they follow the trend.
PM’s were damn ugly today. I’m pretty sure the banksters can do just about whatever they want with prices, and of course they are helped with bogus numbers and lower estimates that are always transformed into “better than expected” earnings.
I have two long term bull tgts for S&P 2398 and 2859……again I see 5 waves up from the ’09 lows @ 700…we are in the 5th wave but have only done waves 1 up and 2 dn of that 5th wave…now in 3rd up..so have to see how far that goes an equal move to the 1st tgts 2264…then we get 4th down and 5th up. That will end whole move from 700 area…then we can have major down move in huge 2nd wave down.
In short the action and wave counts show no sign of end yet.
I gave up shorting the pig a long time ago…it hurt my pocket too much.
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LOL 
wj