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

a little good news…

Posted by treefrog @ 21:54 on July 28, 2015  

metals catching a bid on the night shift.

Vaccine infused foods. No they don’t want you to know what’s in GMO

Posted by goldielocks @ 21:38 on July 28, 2015  

Or who’s growing it or buying it.

http://experimentalvaccines.org/2015/07/28/vaccine-infused-foods-edible-vaccines-whats-in-your-banana/

Now they want to put vaccines in the food.

Posted by goldielocks @ 21:33 on July 28, 2015  

http://www.scind.org/39/Health/edible-vaccines–a-new-approach-to-oral–immunization.html

Michelle vs Barack

Posted by commish @ 21:21 on July 28, 2015  

Another Jounalist Phoney

Posted by Auandag @ 21:02 on July 28, 2015  

http://www.therebel.media/_government_comedian_jon_stewart_s

Rajesh “Raj” Mehta of India

Posted by drb2 @ 20:54 on July 28, 2015  
India is reputed to be the primary gold consumer.  so I keep my eye out for India related action.
I found this interesting and wanted to share.
[snip – from Stewart Thompson on Silver Doctor ] http://www.silverdoctors.com/the-king-of-gold-stewart-thomson/
  1. Regardless, within three years, I predict that all price drivers in the Western world to become less relevant to the gold price…than a rotary phone is relevant now, to telephone communication.
  2. Rajesh “Raj” Mehta of India will quickly replace Janet Yellen as the most influential person in the world of gold. To begin to understand this man’s rise to becoming the “king of gold”, pleaseclick here now. That’s the weekly chart of his gold jewellery company, REL-NSE.
  3. In time, most Western mining company stock charts will begin to look more like that spectacular chart of his gold jewellery company, Rajesh Exports. He imports hundreds of tons of gold each year. His company is by far the single largest source of gold demand in the world, and he’s beginning a game-changing expansion program.
  4. I believe that his expansion program could send Western mining stocks to prices that the most dramatic fear trade-oriented investors have only dreamed about.
  5. Pleaseclick here now.Raj just bought the world’s largest gold refinery, Valcambi. The world’s largest gold refinery is LBMA-approved, and is now in Indian hands!
  6. Valcambi refines over 900 tons a year, but, incredibly, the “king of gold” has even bigger plans! He says,We’ll make our Indian gold refinery a subsidiary of Valcambi and make it an LBMA (London Bullion Market Association)-approved refinery. Gold for the Indian market will be directly imported in unrefined-ore form for refining in our refinery in India.”July 28, 2015.
  7. When the West began exiting gold in the spring of 2013, Swiss refiners couldn’t refine the Western 400 ounce bars into kilo bars fast enough to meet Indian and Chinese citizen demand. So, the gold price declined on the COMEX, and the banks covered large amounts of short positions at a profit.
  8. I then predicted that Indian gold jewelers would slowly unveil a plan to take over the world’s refining businesses, and then move to take control of most gold mines, ultimately creating enormous profits for Western gold community investors in those mines.
  9. That prediction is steadily coming true, pretty much exactly in the manner that I suggested it would. So, what is the king of gold’s next chess board move?Going forward, Rajesh Exports said the company, which has a controlling market share (50%) in supplying raw materials to 14 states, is also planning to expand the number of stores under its retail brand ‘Shubh’ to 450 from the existing 82 in the next three years.”– DNA India News,July 28, 2015. Over the next three years, the king of gold plans to quintuple the number of his gold jewellery retail stores!
  10. Raj Mehta is focused on jewellery, refining, and now on mining too, as I predicted he would be. “Mr Mehta vowed earlier this year to spend up to $US700 million on Australian gold assets in a bid to secure supply of gold for his jewellery empire, and speaking to Fairfax Mediaon Monday, Mr Mehta said those plans would be resumed once the Valcambi transaction was completed.”– The Age Business Day News,July 28, 2015.
  11. Raj Mehta, the king of gold, clearly wants it all. He wants to control the mining of gold, the refining of gold, and the production of gold jewellery. His factory is the largest gold jewellery factory in the world,and has the lowest cost of production.
  12. What does the king of gold think about the next move for the gold price?” He says to The Age News,“I am of the opinion that from here it should turn back.”The king of gold is speaking. Is anyone in the Western gold community listening? I hope so, because this is a key buying area, for those who embrace gold as the greatest asset in the history of the world!
I did a small amount of DD – here is confirmation: Rajesh-Exports-acquires-Valcambi-worlds-largest-gold-refinery

Ororeef

Posted by goldielocks @ 20:20 on July 28, 2015  

That’s the problem using have you, pissing water as drinking water is wasnt meant to be. Second it isn’t just birth control gong into water it’s ALL  the medicine taken from the masses that can enter the water in trace amounts

I Get it !

Posted by Ororeef @ 19:11 on July 28, 2015  

For 50 Years women have been pisssing  estrogen into the drinking Water !

Birth Control Hormones In Water: Separating Myth From Fact

 

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ARHP members receive the Contraception Journal as one of the many benefits of membership, saving significantly off of the $419 non-member subscription rate.

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Kirsten Moore, Kimberly Inez McGuire, Rivka Gordon, Tracey J. Woodruff

The past several years have seen a steady drumbeat of news reports, blog posts, and scientific studies which have raised concerns about the presence of estrogenic compounds (natural estrogens and synthetic chemicals that mimic natural estrogen) in waterways and drinking water, and potential harm to human health or aquatic life.1, 2, 3 Frequently, one particular synthetic estrogen has been singled out for purportedly detrimental effects on the environment: ethynyl-estradiol, or EE2, a synthetic estrogen used in birth control pills, patches, rings, and injectables. Journalists from along the political spectrum and anti-contraception advocates alike have seized on the idea of the-Pill-as-environmental-pollutant, and it has been difficult to separate environmental health concern from sensational coverage or politically motivated rhetoric.

 

 

The Only Reason the FED

Posted by Ororeef @ 19:05 on July 28, 2015  

wants to RAISE Rates is so they can LOWER them as the economy weakens ….How Stupid is that ?  How Lame !  How anti virility .

How anti masculine ! ,How flaccid !  How Weak !

Its NOT whats needed ..Where have all the Men Gone ?   Where are the BOLD IDEAS ?

Bernanke’s flaccid response, is replaced by a Yellins Limped Feminist Responce  …WE are Doomed  !  TOO much Estrogen in the DrinkingWater   !!!

Mugabe

Posted by Ororeef @ 18:46 on July 28, 2015  

Lessons will not be Learned if we allow them to prey on our sympathies and only encourages more of the Same!

Same lesson for Cuba .

Same lesson about to occur in Venezuela .

Same lesson for America   ..Its just like Printing money to save one from too much debt ..more.more debt ,more spending ..the lesson is never learned and a sympathetic rescue stops, prevents the education process .

Am emotional cry for rescue answered incorrectly solves nothing …

Sympathy for an Alcoholic,drug addict,wife beater etc is not going to stop a repeater.

Confinement,dry-out,cold turkey gives them a chance but not a guarantee except for some it gives them Shock treatment ..some benefit ,not all ,for them getting old before their time helps …dieing young is their end game !

There is no sympathy for a wasted life ..just pity.

America was a great place to live ,to continue its current path its end will be as the Italians say Peccato (Pity) ..it was a great place back then before the sympathizers destroyed the morality,encouraged weakness ,lowered standards, Patronized the Lazy ….

Chinese crash pushes Fed rate rises back to 2016 says Art Cashin

Posted by Richard640 @ 18:42 on July 28, 2015  

Posted on 28 July 2015

UBS veteran analyst Art Cashin discusses where the money that is leaving China’s market is going, if anywhere except for margin loan payments, and how this meltdown impacts the outlook for US interest rate rises. US stocks have just had their first five-day fall in six months.

He does not think the Fed will now raise rates until into next year…

Video Link

http://www.arabianmoney.net/us-stocks/2015/07/28/chinese-crash
-pushes-fed-rate-rises-back-to-2016-says-art-cashin/

Something is Broken in the Gold and Silver Markets

Posted by Scruffy @ 18:29 on July 28, 2015  

From the Hemingway Table at leMet

by · July 27, 2015

 

Earlier today I was speaking with Dave Kranzler and we fell into a discussion regarding the current state of gold and silver. This is how I described everything to Dave as we talked:

Beginning in December, as Dave pointed out in Is The Global Financial System On The Brink Of Collapse?, something happened in the derivatives market and I believe something broke and there has been an ongoing smoldering fire just under the surface. The criminals at the too big to prosecute mafia organizations, formerly known as banks, have been doing their level best to keep the fire from coming to the surface. The desperate behavior by the Central Planners reeks of the unmistakable scent of fear. If you think the Wall Street criminals aren’t scared right now, then explain this:

I’ve never seen so many sophisticated Wall Street’ers this scared in my entire career. – This comment comes from a very well-connected Wall Street/DC insider and is in reference to how illiquid the bond markets have become – InvestmentResearchDynamics

Subsequent to whatever it was that blew up behind the scenes in December?, a smallish bank in Austria bl?ew up and filed bankruptcy. Approximately two weeks later a bank in Germany began having problems due to the derivatives associated with the Austrian bank.

In April we learn, by way of Mr Steve St. Angelo? of the SRSRocco? Report, the gold and silver miners are beginning to have serious cash flow problems and output slowing down. We also learned, from Mr Jeff Brown? when we interviewed him on Shadow of Truth, that China had been removing silver ore directly from the miners. We believe this was to supplement their solar program which requires approximately 90% of the silver that China mines internally; leaving them virtually nothing to create silver bullion coins, medallions, silver bars or ingots for investment purposes. We also learned that India is also following the same line as China and has undertaken a massive solar energy program for their country. Currently, we do not have the information regarding how much silver India is pulling from the market but we do know their silver bullion imports have exploded in 2015.

On July 5, the Prime Minister of Greece, Alexis Tsipras, decides to hold a referendum and allow the people of Greece to decide if they want to stay in the EuroZone and continue using the Euro as their currency. The Syriza Party, which Mr Tsipras is a member, was elected with 35% majority, for the specific purpose of pulling Greece out of the EuroZone and leaving the Euro currency. As many people know, Greece has experienced enormous economic problems since joining the EuroZone and has taken on approximately $350 billion worth of debt from the IMF. The people of Greece voted, by a margin of 61% to 39%, to leave the EU and stop using the Euro. The Prime Minister responded by telling the Greek people, they would NOT be leaving the EuroZone and would in fact be taking on more debt from the IMF and would continue using the Euro!! The Greek’s responded accordingly and have been protesting, rioting and various other nasty things since this happened. I don’t blame them one bit.

The second week of July 2015 the US Mint sells completely out of American Silver Eagles. This was unannounced, no fore-warning was given at all. Usually if supplies become tight the Mint, in the past, has moved to allocated (read rationed) sales to the wholesalers. Not this time. The Mint opened their doors (figuratively) for? business? and before lunch had announced they were sold out and promptly? ?closed their doors!

The following week China announces, for the first time in five years, their current Official gold holdings. The increase was greeted with little enthusiasm as no one actually believed the amount announced. Most analyst?s? believe the amount of gold held by China is much higher than they are willing to share with the world.

Then a very curious thing happened. With all of the bullet points above as a back drop, four days after China makes their announcement of current gold holdings, someone or something triggered a massive selloff of gold futures. 716,000 ounces of gold, approximately 3% of annual global gold mining production, was sold in approximately 1 minutes time. WOW!!! Why would this happen at this time unless something was very, very wrong? China just announced they had increased their holdings, the global economy is in trouble and someone decides that now is the opportune time to unload 3% of global gold? in 1 minute!! Does that make sense to you? Does that sound like the act of a desperate, trapped rat? It does to me. It seems like something else other than ?a derivatives? event happened in December 2014? which? has broken in the gold and silver markets?. It seems like something unprecedented is about to make a grand entrance. I am not 100% sure, but I know this, if you don’t have several months worth of cash, food, water and security on hand you better make a move and you better make it quick. Fall is coming and there have been way too many people saying that fall of 2015 that something was going to change; the picture seems pretty clear?…?

his own words….

Posted by Scruffy @ 18:23 on July 28, 2015  

(CNSNews.com) – Why are you doing so well in the polls? Fox News’s Sean Hannity asked Donald Trump on Monday night.

“I think people are tired, really tired, of these incompetent politicians where it’s all talk, no action,” Trump said.

He added that he didn’t really want to run for president because he enjoys being a successful businessman, but given the direction of the country, he felt he had no choice.

“And I guess we engender some great love because I have the biggest crowds of anybody by far. And I have the biggest standing ovations. People agree — I’m not sure they like me, but they certainly like my message. I hope they like me. I think I’m a nice guy.

“But I’m tired of watching these all talk, no action politicians. The only thing they want to do is keep their job. And that’s just not for me. And it resonates with all of these people that are for Trump.”

Trump spent a little time criticizing some of his Republican rivals, including Wisconsin Gov. Scott Walker. (“I think he’s going to be the next one to fall,” he predicted.)

“But I think in the end, Sean, just to answer your question — people are tired of incompetent politicians running our country. When they see a deal like the Iran nuclear deal, when they see how badly our veterans are taken care of, they’re just sick and tired of it.”

Hannity pointed to a poll showing eroding support for Republican leaders: “And I would argue there’s a reason for it,” he told Trump.

“They promised they’d stop the president’s executive amnesty. They didn’t do that. They’ve been promising to repeal and replace Obamacare forever. They won’t use their constitutional authority to do that.

“They won’t stop sanctuary cities. And even with the Iranian deal, when they had amendments that would have demanded a recognition of Israel, demanded that they release our hostages, they didn’t even want to add those amendments.

“So when people ask me, I say you’re willing to fight, and the Republican establishment in Washington is not willing to fight. Is that an accurate description?” Hannity asked Trump, who agreed it was.

“And also, I’m not controlled by special interests and lobbyists and donors,” Trump continued. “I don’t need any money. I’m using my own money. So the lobbyists and the donors, they’re not giving me, like in Bush’s case, $100 million-plus, and Hillary Clinton, $50 million-plus. Walker, all these guys, they’re controlled by the people that give them the money.

“Look, who is the king of that for many years? Me. I mean, you give money, and you don’t ask for anything. You have total power over these people. Believe me, total power…I know the system better than anybody.

“And now I’m running because we’re not going to have a country soon. We don’t have borders. We don’t have law enforcement. They’ve taken all of the power away from our policemen. And sure, you have a couple of bad apples and you have some bad decisions being made. And I hate to see it when I see it.

“But the fact is, we don’t have law and order. We don’t have — I mean, our country is going to hell. And you know what else we don’t have? We don’t have jobs because our jobs are going to China and so many other countries. So I just see this all happening, and I said it’s time to do something about it.”

Trump said he’s proud of the fact that he’s made immigration a politicial issue in the presidential campaign. And he repeated that he would build a wall between the United States and Mexico.

To deal with the millions of people who are in the country illegally, he would start by getting rid of “the bad ones.”

“We have a lot of bad dudes that are causing tremendous problems,” Trump said. “I would get rid of the bad ones, the criminals. We have a lot of people here that shouldn’t be here, and I don’t want to house them in our jails because it’s costing us a fortune. I want them to go back to the country where they came from — not only Mexico, plenty of other countries. They’re pouring across the border. So that’s number one.

“Then number two, you either — and these could be some great people. But you either have laws or you don’t have laws. I would get them back. I would get them back where they are, and I would try and work out a process where they can come in legally.

“But they got — they have to come in legally, Sean. It’s about laws. It’s about borders. If we don’t have a border, we don’t have a country. So I’d get them out, and if they were really outstanding — because some of these people have been here for a long period of time — I’d let them back legally.”

Trump also told Hannity that “no,” he “absolutely” will not make a third-party run for president.

“And why would I do that?” Trump asked. “I’m leading — with all of the Republicans, I’m leading, and in some cases, as you just stated, by a big margin.

“No, my preference and what I want to do is to run as a Republican and win. And I think I will win. I think I’ll win in the primaries and I think I’ll win ultimately, and I’ll make our country great again.”

Woman Stock Market JUmper in China

Posted by Ororeef @ 18:05 on July 28, 2015  

 

NO need to interpret   one picture is worth a Thousand words..

 

男子从证券公司坠楼 “天台见”一语成谶

发表时间:2015-06-30 22:12:54

字号:A-AA+

关键字: 男子从证券公司坠楼男子证券公司坠楼证券公司坠楼坠楼证券公司一男子坠楼

男子从证券公司坠楼,“天台见”这一网络段子一语成谶。6月27日下午4点,一深圳男子从证券公司坠楼,当场死亡。据悉,男子年仅二三十岁,群众猜测男子 从证券公司坠楼或与近期股票大跌有关系,可能是赔了钱,一时想不开。对于男子从证券公司坠楼,警方初步排除了他杀嫌疑。网友纷纷感慨,年纪轻轻,有什么想 不开的呢,赔掉的钱还可以再赚回来嘛。

男子从证券公司坠楼 “天台见”一语成谶

Seemingly an idiot at times but also a great breath of fresh air. IMO

Posted by ipso facto @ 18:03 on July 28, 2015  

Could Trump Win?

Submitted by Patrick Buchanan via Buchanan.org,

The American political class has failed the country, and should be fired. That is the clearest message from the summer surge of Bernie Sanders and the remarkable rise of Donald Trump.

Sanders’ candidacy can trace it roots back to the 19th-century populist party of Mary Elizabeth Lease who declaimed:

“Wall Street owns the country. It is no longer a government of the people, by the people, and for the people, but a government of Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master.”

“Raise less corn and more hell!” Mary admonished the farmers of Kansas.

William Jennings Bryan captured the Democratic nomination in 1896 by denouncing the gold standard beloved of the hard money men of his day: “You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold.”

Sanders is in that tradition, if not in that league as an orator. His followers, largely white, $50,000-a-year folks with college degrees, call to mind more the followers of George McGovern than Jennings Bryan.

Yet the stagnation of workers’ wages as the billionaire boys club admits new members, and the hemorrhaging of U.S. jobs under trade deals done for the Davos-Doha crowd, has created a blazing issue of economic inequality that propels the Sanders campaign.

Between his issues and Trump’s there is overlap. Both denounce the trade deals that deindustrialized America and shipped millions of jobs off to Mexico, Asia and China. But Trump has connected to an even more powerful current.

That is the issue of uncontrolled and illegal immigration, the sense America’s borders are undefended, that untold millions of lawbreakers are in our country, and more are coming. While most come to work, they are taking American jobs and consuming tax dollars, and too many come to rob, rape, murder and make a living selling drugs.

Moreover, the politicians who have talked about this for decades are a pack of phonies who have done little to secure the border.

Trump boasts that he will get the job done, as he gets done all other jobs he has undertaken. And his poll ratings are one measure of how far out of touch the Republican establishment is with the Republican heartland.

When Trump ridicules his rivals as Lilliputians and mocks the celebrity media, the Republican base cheers and laughs with him.

He is boastful, brash, defiant, unapologetic, loves campaigning, and is putting on a great show with his Trump planes and 100-foot-long stretch limos. “Every man a king but no man wears a crown,” said Huey Long. “I’m gonna make America great again,” says Donald.

Compared to Trump, all the other candidates, including Hillary Clinton and Jeb Bush, are boring. He makes politics entertaining, fun.

Trump also benefits from the perception that his rivals and the press want him out of the race and are desperately seizing upon any gaffe to drive him out. The piling on, the abandonment of Trump by the corporate elite, may have cost him a lot of money. But it also brought him support he would not otherwise have had.

For no group of Americans has been called more names than the base of the GOP. The attacks that caused the establishment to wash its hands of Trump as an embarrassment brought the base to his defense.

But can Trump win?

If his poll numbers hold, Trump will be there six months from now when the Sweet 16 is cut to the Final Four, and he will likely be in the finals. For if Trump is running at 18 or 20 percent nationally then, among Republicans, it is hard to see how two rivals beat him.

For Trump not to be in the hunt as the New Hampshire primary opens, his campaign will have to implode, as Gary Hart’s did in 1987, and Bill Clinton’s almost did in 1992.

Thus, in the next six months, Trump will have to commit some truly egregious blunder that costs him his present following. Or the dirt divers of the media and “oppo research” arms of the other campaigns will have to come up with some high-yield IEDs.

Presidential primaries are minefields for the incautious, and Trump is not a cautious man. And it is difficult to see how, in a two-man race against the favorite of the Republican establishment, he could win enough primaries, caucuses and delegates to capture 50 percent of the convention votes.

For almost all of the candidates who will have dropped out by then will have endorsed the last man standing against Trump. And should Trump be nominated, his candidacy would make Barry Goldwater look like the great uniter of the GOP.

Still, who expected Donald Trump to be in the catbird seat in the GOP nomination run before the first presidential debate? And even his TV antagonists cannot deny he has been great for ratings.

http://www.zerohedge.com/news/2015-07-28/could-trump-win

Posted by ipso facto @ 17:41 on July 28, 2015  

Centerra Gold Announces Positive Feasibility Study on the Oksut Project

http://finance.yahoo.com/news/centerra-gold-announces-positive-feasibility-211000491.html

Centerra Gold 2015 Second Quarter Results

http://finance.yahoo.com/news/centerra-gold-2015-second-quarter-211500540.html

New Gold Announces Second Quarter Results; Rainy River Construction on Schedule and on Budget

http://finance.yahoo.com/news/gold-announces-second-quarter-results-212200566.html

I wonder what Jimmy Rogers is saying these days? He’s been recommending Chinese investments for a very long time.

Posted by ipso facto @ 17:36 on July 28, 2015  

Stuck In Market Purgatory: How China’s Citizens Lash Out At The Broken Market, In Their Own Words

http://www.zerohedge.com/news/2015-07-28/stuck-market-purgatory-how-chinas-citizens-lash-out-broken-market-their-own-words

sorry

Posted by NEMO @ 16:57 on July 28, 2015  

did not give my mail

tore@carolusson.se

best to all

 

nemo

Maddog @ 16:09

Posted by ipso facto @ 16:57 on July 28, 2015  

So … if the ptb are slamming the GDX regularly it would seem to be an advantage to own shares which are not in the GDX. I suppose they are slamming the GDXJ as well, probably not too many good companies which aren’t in one of those funds. Remember when the GLD was created? For a time many thought that, that fund would help us. We know better now!

just a question

Posted by NEMO @ 16:53 on July 28, 2015  

Can anyone give me an adress to Farmboy, that is working.????

nemo

ipso facto

Posted by Walker @ 16:45 on July 28, 2015  

wise ……..very wise ..continue the ark-ship building…smile..

goldielocks @ 16:10

Posted by ipso facto @ 16:36 on July 28, 2015  

Those problems will have to be worked out … before I finish building the ship in my back yard. 🙂

Just saying

Posted by Scruffy @ 16:24 on July 28, 2015  

missinggold.jpg copy

The Turd… 3rd?

Posted by Scruffy @ 16:19 on July 28, 2015  

With a move yesterday by JPM to reclassify 104,000 ounces of gold from registered to eligible, the total Comex registered vault has fallen to the lowest level in recent memory.

Now, I can show you any number of CME Gold Stocks reports from the last few years that purport to show a total registered Comex vault of 600,000-800,000 ounces of gold. That yesterday’s report shows only 378,476 ounces is remarkable and interesting but not the point of this post.

After last week’s carnage, there was all sorts of reporting about how “gold has lost its luster” and how “demand was falling”. Is that true? Is that why the paper Comex price fell so dramatically? Or, instead, did the paper price fall because a collection of hedge funds and banks were able to short Comex futures with impunity and with no recognizable limit to the amount of leverage they’re able to use?

Remember, the only reason that futures markets exist is to give producers of a commodity a marketplace where they can manage risk by buying and selling forward. Taking the other side of these trades are the speculators who make bets on the future direction of price. Physical backing of the paper price is what gives these “future” prices legitimacy.

But what level of physical backing must be present in order to ensure a fair and accurate price? If an exchange has 1,000,000 bushels of corn on hand, can they issue paper contracts for 5,000,000 bushels, thereby creating leverage of 5X? Maybe that’s too low and the level of leverage should be 10X? The exact amount of appropriate leverage is hard to pin down but I think we can all agree that 20X or 50X has the effect of artificially stretching the distance between price and economic reality.

And this leads us to gold on the Comex. The CME open interest report for Monday showed a total Comex gold open interest of 440,550 contracts. As shown above, the total amount of registered gold held in the Comex vaults is just 378,476 ounces. Keeping in mind that each paper contract represents 100 troy ounces of gold, we can find the exchange’s leverage by dividing 44,055,000 troy ounces of paper obligations by the 378,476 available and delivery-ready registered ounces. And what do we get?

116X

So the question becomes: Is this “fair” and does this market discover an accurate representation of price when it uses a leverage of paper to physical at 116X?

And this is where this is all just one, big scam. With no boundaries or limits placed on The Bullion Banks which issue these paper contracts, what’s to stop them from extending the leverage to 200X?  Maybe 300X? How about 500X? What’s the difference? So long as the world recognizes these fraudulently-determined prices as legitimate AND so long as The Banks can find physical metal to deliver at the paper price, the charade will continue.

The point of this post is simply to remind you of what a fraud this all is. Paper derivative transactions made at the speed of light between momentum-chasing hedge funds should not be the basis for a global price which ultimately effects real people with real jobs and real savings. Let’s hope that sanity and fairness someday return to the global precious metal pricing structure. In the meantime, all we can do is continue to force The Banks’ leverage even higher by removing physical metal from their system and placing it out of their collective reach.

TF

Ipso 14:08

Posted by goldielocks @ 16:10 on July 28, 2015  

Question is how fast is too fast. Going that fast will they be able to get out of the way of a flying object in space and if they do turn even just a little bit although no gravity how does that work,  or do the passengers go splat if they keep moving inside the craft?

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