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

My grandpa talked about that after coming home at the end of WW11. Many men including him couldnt find work because they told him he was over qualified. He used to own his own business to eben wirse, a competition. They figured like now that they won’t stay soon as something else comes along. It took years to pull himself out from under and eventually started his own business again. It’s almost like you have to undervalue what your doing or not even mention it. There can be pros and cons if you have experience they can use as a plus they won’t get with a less educated or experienced person if it’s relative. You just have to make it clear to them that per say you consider yourself semi retired and dont want to go back to that anymore, you just want a regular job and peace of mind. The thing is many of the less educated don’t hang around anyways ir less responsible showing up, that takes time and money on their part sorting that out, That you just want to work say another 5-10 years but don’t want to do what you’ve been doing anymore .. Or to supplement your retirement income and that kind of work you did pays too much for that. As semi retired you can only make so much I think 18K a year or will have to pay it back. They don’t have to know your not on it yet.

Speaking as one with experience, I am, for the next month or so…  one of the ‘unemployed’.  When you sign up for benefits, you are required to attend classes on how to put together a resume’ and look for work.  So I am ‘looking for work’.  When my benefits run out next month, I will drop off the ‘unemployed’ rolls  and become “out of work”.   But… I am still looking for work!

Fat chance of that happening for an over-qualified 63-year old in a ‘downsizing’ industry.

But hey… I did my best to keep the ‘unemployment rolls’ up for as long as I could… AND I got paid a modest amount for it!

Now I have applied for early Social Security.

“Our Union is under threat. Our European project, which has brought unprecedented peace, prosperity and democracy, is being questioned. ”

http://www.express.co.uk/news/world/684549/EU-cannot-rely-NATO-needs-new-defence-policy-chief

”

The total held as well as the average duration have surged in the wake of the Brexit vote.”

http://www.cnbc.com/2016/06/29/there-are-now-117-trillion-dollars-worth-of-bonds-with-negative-yields.html

Thanks for the smiles, Farmboy

I hope you folks can make Brexit happen, in spite of the media blowing smoke about it just being an immigration issue. Which to me, would be reason enough anyways. There is a story on Drudge that 300,000 more refugees are heading your way from Africa.

As for Hillary, our media is barely mentioning the 800 page report and most of the Headlines are declaring she did nothing wrong. Kinda hard to keep fighting the battle of Freedom when the press is bought and paid for buy the corrupt leaders. But fight we must.

Keep the faith brother.

Our MSM especially the TV ones have really lost the plot, the worst by far is the BBC, they are acting like we have made the worst mistake of all time and are desperate to talk up the idea of another vote, or just plain let MP’s ignore the 1 st one and have a vote to ignore the Brexit. It is surreal…..luckily we have St Nigel, who will hold their feet to the fire.

It’s basically a load of media luvvie types, in London crying because they won’t get cheap nannies or plumbers anymore.

As for the two years, this is because there is a Clause in the Lisbon Treaty, called Article 50 that allows a Member to leave…big of them I hear u say….The Leaver has to trigger the Clause and then the EU has to negotiate getting out over the next 2 years…should that fail then basically u get thrown out with no deals !!!

However the UK runs a £ 100 billion trade deficit with the EU, we are for example Germanys largest car mkt etc….the Head of their Business lobby, has said there will be no problem having a free trade deal, u don’t piss off your biggest customer etc. So far we are respecting previous trade and regulatory agreements……according to International Treaty law…..but we have left, if the EU tries to mess around, I’m sure we will walk and ignore their bleatings.

The EU bought off a lot of people and organisations, with their own money, the dumb schmucks didn’t realise it, but now they are squealing as they see it disappear.

De Beers gets approval to flood suspended Arctic diamond mine

http://finance.yahoo.com/news/beers-gets-approval-flood-suspended-153408273.html

The usdx is back under 96.00 and falling. Gold is + $10.00 so far today. As the eu falls apart, the usdx will ratchet up and down going nowhere.

rno

There was a fire at the main Inland Revenue office in London today, but it was put out before any serious good was done.

Picked up more MUX, AXU, KLDX, … and SAND for the first time.

Might have been a bad move to sell AKG but after what happened to RBY and MDW and some others I don’t care to stick around.

Alexco having a good day. Lots of leverage at the point a mine goes from CLOSED to OPEN. (soon I hope)

http://schrts.co/mKd5vG

Who is on first ?

COSTELLO: I want to talk about the unemployment rate in America.

ABBOTT: Good Subject. Terrible times. It’s 5.6%.

COSTELLO: That many people are out of work?

ABBOTT: No, that’s 23%.

COSTELLO: You just said 5.6%.

ABBOTT: 5.6% unemployed.

COSTELLO: Right 5.6% out of work.

ABBOTT: No, that’s 23%.

COSTELLO: Okay, so it’s 23% unemployed.

ABBOTT: No, that’s 5.6%.

COSTELLO: WAIT A MINUTE. Is it 5.6% or 23%?

ABBOTT: 5.6% are unemployed. 23% are out of work.

COSTELLO: If you are out of work you are unemployed.

ABBOTT: No, Obama said you can’t count the “Out of Work” as the unemployed.  You have to look for work to be unemployed.

COSTELLO: BUT THEY ARE OUT OF WORK!!!

ABBOTT: No, you miss his point.

COSTELLO: What point?

ABBOTT: Someone who doesn’t look for work can’t be counted with those
who look for work. It wouldn’t be fair.

COSTELLO: To whom?

ABBOTT: The unemployed.

COSTELLO: But ALL of them are out of work.

ABBOTT: No, the unemployed are actively looking for work. Those who are out of work gave up looking and if you give up, you are no longer in the ranks of the unemployed.

COSTELLO: So if you’re off the unemployment roles that would count as less unemployment?

ABBOTT: Unemployment would go down. Absolutely!

COSTELLO: The unemployment just goes down because you don’t look for work?

ABBOTT: Absolutely it goes down. That’s how it gets to 5.6%. Otherwise it would be 23%.

COSTELLO: Wait, I got a question for you. That means there are two ways to bring down the unemployment number?

ABBOTT: Two ways is correct.

COSTELLO: Unemployment can go down if someone gets a job?

ABBOTT: Correct.

COSTELLO: And unemployment can also go down if you stop looking for a job?

ABBOTT: Bingo.

COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to have people stop looking for work.

ABBOTT: Now you’re thinking like a Democrat.

COSTELLO: I don’t even know what the hell I just said!

ABBOTT: Now you’re thinking like Hillary.

41 dead in Istanbul airport attack; Turkish govt blames IS

http://hosted.ap.org/dynamic/stories/E/EU_TURKEY_AIRPORT_BLASTS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-06-29-09-21-28

Is Hillary in Southern Kalifornica today ? Oh wait, thats a different kind of snake. 🙂

http://losangeles.cbslocal.com/2016/06/28/record-number-of-rattlesnakes-making-their-way-into-yards-due-to-drought/

It is a rare, very, day when the markets do anything that makes any sense. At least to these eyes. When some say the ‘Fix Is In’ that is about the only thing that can be attributed to these markets anymore. Just wondered if others who have watched the markets for years are ‘seeing’ the same thing. Thanks for your thoughts. BTW, I completely ignored Ricks political comments instead focusing on his market observations. He should probably do the same, stick to markets, since it is obvious he knows little about the Trump, or for what he stands.

On this Brexit thing, I hope the Leaves stay vigilant and keep their guard up. This idea of taking two years to ‘negoiate’ the terms of actually leaving the EU concerns me. Plenty of time for back street politics, hidden deals, etc. If not careful, the British may end up with more chains around their necks than what they already had. Stay strong my friend, Best to you, Farmboy

re manipulation

Yes all major mkts are subject to 24/7 manipulation….Witness…… normal mkts would have trashed Obummer and made his regime look the fools they are, instead he has been able to strut around as if he was a genius, rather than the moron he is, backed up by the mkts .

Re Ricks picks

Calling Trump a know nothing jackass is strong talk, when Trump could buy and sell Rick all day and still have loads of dosh left.

You don’t make all his money if yr a know nothing Jackass.

It is strange that some people categorise anyone on the right as an idiot and on the left as a genius, we have the same crap here, except most of our leftys are way below village idiot level, so it’s v hard to call them smart…when they are mumbling and dribbling at the same time…but people sold Blair as a genius and his right opposition as a moron.

Cheers

Otto writing:

The Asanko (AKG) short report

To be clear, I have no position in Asanko (AKG) (AKG.to) and that’s unlikely to change, therefore I have no dog in this race.

That said, via kind reader L here’s the link to the short report on AKG published today by K2 Associates, who are short AKG and think there’s a potential 90% downside on the stock. After reading their thesis, I’m forced to say that they may have a point. Go take a look.

http://www.asankoreport.com/

Pershing Gold Announces Preliminary Economic Assessment for Relief Canyon

http://finance.yahoo.com/news/pershing-gold-announces-preliminary-economic-214300795.html

East Africa Metals Initiates Mine Permitting for Terakimti Oxide Gold Project, Ethiopia

http://finance.yahoo.com/news/east-africa-metals-initiates-mine-073000387.html

Gowest Gold Enters Into Right to Negotiate A Milling Agreement

http://finance.yahoo.com/news/gowest-gold-enters-negotiate-milling-114500026.html

Avino Announces Extension of Concentrates Prepayment Agreement with Samsung C&T

http://finance.yahoo.com/news/avino-announces-extension-concentrates-prepayment-120000149.html

Re-Release: Pershing Gold Announces Preliminary Economic Assessment for Relief Canyon

http://finance.yahoo.com/news/release-pershing-gold-announces-preliminary-120000351.html

SLAM To Receive Gold Mining Equipment On Schedule

http://finance.yahoo.com/news/slam-receive-gold-mining-equipment-120000531.html

Skeena to Acquire Sona Resources

http://finance.yahoo.com/news/skeena-acquire-sona-resources-130000176.html

Kinross Nevada Tour Highlights Growth Potential at Bald Mountain and Round Mountain

http://finance.yahoo.com/news/kinross-nevada-tour-highlights-growth-130000157.html

silver!  yes!

gold? not so much.  maybe later…

…10:45  later just got here

Think Rick’s comments are right. Yellen & Friends are manning the pumps. You have been watching these markets for a long time, do you feel these markets are nearly completely manipulated ?

Over $18.20 out of nowhere. On its’ way to $22?