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

Advance decline triple top,UUP(Dollar)loosing momentum

Posted by Ororeef @ 23:56 on December 1, 2014  

adv dec uup loosing momentum

winedoc, yer on notice to put up your Golden Steps pic of the Stampeders for MM

Posted by macroman3 @ 23:54 on December 1, 2014  

FBI warns US businesses of ‘destructive’ malware

Posted by Floridagold @ 21:23 on December 1, 2014  

The FBI warned U.S. businesses that hackers have used malicious software to launch destructive attacks in the United States, following a devastating cyberattack last week at Sony Pictures Entertainment.

The five-page, confidential “flash” warning issued to businesses late on Monday provided some technical details about the malicious software that was used in the attack, though it did not name the victim.

An FBI spokesman declined comment when asked if the software had been used against the California-based unit of Sony Corp.



larryc — who knows

Posted by WANKA @ 21:14 on December 1, 2014  

they might have gone bad on their hedge book? 250 please! :mrgreen: wj

MadMike @ 20:11

Posted by Floridagold @ 21:14 on December 1, 2014  

I knew that you and LadyBug had GREAT taste in music! 🙂

macroman 19:13

Posted by WANKA @ 20:57 on December 1, 2014  

from what the review says its not healthy to even read their site. gads the same o same as the tulving act…apparently using customer funds to line their games. real screw jobs to say the least. best of cheers wj

Welcome $18T- Last week US debt was $17,963,753,617,957.26

Posted by eeos @ 20:46 on December 1, 2014  

Last week, total US debt was a meager $17,963,753,617,957.26. Two days later, as updated today, on Black Friday, total outstanding US public debt just hit a new historic level which probably would be better associated with a red color: as of the last work day of November, total US public debt just surpassed $18 trillion for the first time, or $18,005,549,328,561.45 to be precise, of which debt held by the public rose to $12,922,681,725,432.94, an increase of $32 billion in one day.  ZH

Swiss Gold Vote

Posted by frr @ 20:41 on December 1, 2014  

Seems it’s a black eye for the powers behind the Scene.

Straight shorts have to be covered and they are in the midst of it, while reality id est real gold bullion fetches Agios of up to 50-60% in the far east.
Opposite to trading tradition – buy the rumor sell the News – may give some of central a pause!
Let the pause cause some reflections to real and unencumbered markets, finding the fair Price between supply and demand.
… And that’s all what it takes to make a market – all else is just noise.

The officials are just paid by all of us to secure orderly maintenance of civil and economic law and ensure an Equilibrium of liberty among the People;

Noone Needs more than Basics and an unencumbered life within these rules and therefor Government, FED, IRS and the new tentacles of “War on Terror” are just the product of disinformaqtion for the public.

Got Gold?!!

Wanka – Northwest Territorial Mint

Posted by larryc @ 20:28 on December 1, 2014  

I purchased much of my silver and gold at N.W.T.M.  in Auburn, WA.   I had a friend that worked there in the front.  I paid cash, took my stash.  That was over 10 years ago, wish I’d bought more…  He left about 2005, and I never went back.  It doesn’t look like I’ll be visiting soon.

In 2000 I bought from Tulvig.   I offer buying advice for a fee…

Macroman, this is one of our faves

Posted by MadMike @ 20:11 on December 1, 2014  

And was this his reply (like the rest of us when squashed trading PM’s)

Posted by macroman3 @ 20:09 on December 1, 2014  

Now did MM say something about investing in PM’s and get this look?

Posted by macroman3 @ 20:05 on December 1, 2014  

I’m betting MM and Ladybug play this on their road trips…

Posted by macroman3 @ 20:02 on December 1, 2014  

Rich Dodson has been a Stampeder for 50 years now…pretty dependable like MadMike brewing up our coffee at 5 A.M. Tip of the transmitter to his Grey Cup Champs…oh and Ladybug

Posted by macroman3 @ 19:57 on December 1, 2014  

There’s  a few scenes for Maya and lyrics for the gold shorters too..(Doo-Doo)

R640 – I guess I’m the lone skeptic, get happy and get slammed. More of the same tonight.

Posted by Buygold @ 19:27 on December 1, 2014  
 GOLD 12/01/2014 19:23 1205.60 1206.60



 SILVER 12/01/2014 19:22 16.35 16.45



Yeah wanka, 16:18, always had a queasy feeling about NWT Mint

Posted by macroman3 @ 19:13 on December 1, 2014  

A lot of my different car parts come from there via top tier silver miners…

I just hope the “quality” control dept wasn’t asleep, if you get my drift…

Sinclair on Nenner

Posted by Richard640 @ 18:52 on December 1, 2014  

Posted November 30th, 2014 at 6:35 PM (CST) by Jim Sinclair & filed under In The News.

Jim Sinclair’s Commentary

Dr. Nenner has called this general area and general timing as the low for gold before $2100. So far Dr. Nenner’s track record in this gold market is among the best. The conclusions issued by Mr. Kramer-Miller are quite interesting carrying a high probability of being correct.

Maybe I’m not as stupid as some believe!! You decide!!

Posted by silverngold @ 18:34 on December 1, 2014  



No reason to own gold? It doesn’t mater…until it matters…

Posted by Richard640 @ 18:26 on December 1, 2014  

Treasury Secretary Jacob Lew (AP Photo)

The Daily Treasury Statement that was released Wednesday afternoon as Americans were preparing to celebrate Thanksgiving revealed that the U.S. Treasury has been forced to issue $1,040,965,000,000 in new debt since fiscal 2015 started just eight weeks ago in order to raise the money to pay off Treasury securities that were maturing and to cover new deficit spending by the government.

During those eight weeks, Treasury took in $341,591,000,000 in revenues. That was a record for the period between Oct. 1 and Nov. 25. But that record $341,591,000,000 in revenues was not enough to finance ongoing government spending let alone pay off old debt that matured.


Todays action …Its all about Money Management !

Posted by Ororeef @ 18:18 on December 1, 2014  

Why risk all your money for another 5 % gain shorting Gold ..the money to be made was when the Public expectations were 90 % to the down side  there was a lot to be made going long Gold .Thats the difference between professional and amatures .emotions were for a down day brains were for up day.

Its like high grading your mine ,when prices are low you mine high grade,when prices are high  you low grade..its about survival.!  The amature does the opposite for emotional reasons.

Government money management hardly exists…they invest in losers for emotional reasons .Getting the best return for money invested requires investment in the best return for the money invested.

Government should invest in Smart people,they would get the best return for the taxpayers money ,they do the opposite because getting the best return is not the objective .

Government invests money educationg stupid people because they make the most noise …make the most emotional arguments and have equal votes ..not because its the best return for the money invested.

Good MONEY management almost dosent exist in Government.

The “no manipulation” boys have never answered this to my satisfaction:

Posted by Richard640 @ 18:16 on December 1, 2014  

By the way, Friday saw another 40 ton sale which broke the “price” by $20. Over the last month, we have seen three separate 40, 80, and another 40 ton operation performed all within 15 minute windows. Who would ever sell in this fashion if they wanted to sell at the best price possible? Why not sell all of this “gold” spread out through the day and not damage the price (and psychology)? The answer of course is obvious for anyone willing to see, the sales had a purpose of “setting” a price, a LOWER price.

Bill H addendum…
As an addendum to this morning’s writing, it looks like we had the hoped for “outside reversal day”. This one will look funny on the charts because it actually encompasses 2 1/2 days trading. Wednesday was a weakish day and gave up the $1,200 level while Friday was a washout down $26. Overnight Sunday, gold opened down and traded well below $1,150. This action was blamed on the “no” Swiss vote and brought out all of the doomsayers. The sentiment last night was “gold is over”! I wrote the short note at the bottom of my piece this morning as I saw gold quoted on Kitco down $6 (which was really up close to $20 from Friday’s close). I believe the confusing quotation by Kitco was because of the shortened day in N.Y. on Friday. In any case, we have now rallied another $35 from where I wrote the note this morning. Silver has had a wilder ride up 17% off the early morning lows.

Recall, we had two previous Fridays with outside reversal days, this makes a 3rd, though not a Friday. I view today’s action as much more important for several reasons. First, this actually encompassed 3 trading days where the previous two “engulfed” only the previous day. This one is occurring with a close above what had been a very sticky area $1,200 and actually broke briefly above another line in the sand $1,220. Any and all shorts placed in the last week are now under water with the momentum now higher. The GOFO rates went further into negative territory with the 1 year rate at virtually zero, this should never be. Logically there should be arbitrage to take this condition away but the “trust” (that you will get metal in the future) is apparently waning.

Something behind the scenes has changed drastically to have seen these three outside days within such a tight timeframe. This of course has been accompanied with record backwardation. The danger now as I see it could be “supply” or the ability to procure metal. I have postulated several times before, the danger is going to bed and something financial “breaking” while you sleep. The result could be gold and silver going no offer and you being stuck in place with whatever your positions are. Is this it? Will it happen immediately? I have no idea though I personally am not willing to bet against it. For now I will only say, “something has drastically changed” behind the scenes and along with it, “sentiment”! If you are still waiting to back up your truck, it may be that the “loading dock” is now moving away.


The action..at a little after 10:00 a.m. is now, in my book, the best technical and TAPE action (“tape” being far more important than mere “technical”) that I have seen in at least a decade.

Posted by Richard640 @ 18:10 on December 1, 2014  


Gold and Gold Miners December 1 afternoon edition

Good afternoon: 01/12/2014 1:40 PM

Gold: $1,218.70 up $43.20 ($70 reversal off the lows)
Silver: $16.65 up $1.10 (17% the lows)
Zinc: $1.0059 – $.0001

GDX: $19.75 up $1.40
NUGT: $14.51 up $2.57
GDXJ: $27.58 up $2.38
JNUG: $4.31 up $.92
TK.V: $.215 down $.01
SRC.V: $.205 unch’d

Basking in the glory of “correctness” (and ducking)…

Before I go any further, please be advised that the headline posted above was written with my tongue firmly planted “in cheek” because the last thing I will ever do after the last four years in the dentist’s chair is invite another month or two of root canal surgery (ex-Novocain) by tempting the gold market gods. However, the action from last night until this morning was wildly bullish, the action from this morning when I sent out “$1,150 gold: Vortex-like magnet for physical demand…” at a little after 10:00 a.m. is now, in my book, the best technical and TAPE action (“tape” being far more important than mere “technical”) that I have seen in at least a decade.

Of course the bad guys could still throw a wrench into it going into the close of the access market but the wagers I have been making on paper through my emails has been 100% backed up by my wallet and while I’m not driving a Rolls Royce out of the parking lot yet, for the first time in many, many months if not years, I know that I won’t be driving a 1996 Chevy wagon to my next meeting, tattered mud flaps protecting uber-bald tires.

This is SUPERB action…


As for the miners, the GDXJ can still be bought because it has yet to fill the gap created on Friday, when it lost $3.42. Currently $27.47, it was $28.62 last Thursday. I like the GDXJ Feb $30 calls at $2.20 for a potential quadruple from here in the event that the bad guys are vanquished and took the hemlock chaser I alluded to this morning.

Blallinger on Murph tonite=

Posted by Richard640 @ 18:06 on December 1, 2014  

this rejection of the $1,150 level THREE TIMES in the past month can’t be ignored.

Note: It is 9:51 a.m. and Feb gold just had a print at $1,197 representing a $58 outside reversal to the upside. I’ve been trading precious metals for almost forty years and this, my friends, is incredibly bullish action.

So – with the Gold Miners all now re-priced to reflect the Vampire Squid’s $1,050 ordered price target level, I am going to continue to accumulate these miners with my 2015 forecast of 325 for the HUI (currently 163) as the guidepost. It is critical to remember that the Gold Miners topped in 2011 (over three years ago) with the HUI over 600, 325 is around 50% of that top – not exactly a stretch.

floridagold …don stott is a stand up guy

Posted by WANKA @ 18:02 on December 1, 2014  

with a stand up operation. in fact he was the person who turned me on to A-Mark back in the early days when I was part owner of the coin shop here in kw. thanks to him I got a contract with A-Mark as our supplier and we were quite happy to do business with them for a number of years till we retired the shop in 2008. don’s a good man indeed. best wj

Here are the comex-1:30pm closes and the 5:15 globes close for G&S in case anyone wants to track trading tonight

Posted by Richard640 @ 17:53 on December 1, 2014  

1211.80 5:15pm close———-1218 [ up 42.60] the 1:30 comex close —–gold sold off about $6-also not bad


16.46 5:15pm close & 16.59 [up 1.13] 1:30 comex close–so silver only sold off 13 cents from the comex close–that’s good action

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.