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

Maya

Posted by ipso facto @ 22:36 on August 8, 2015  

We shape clay into a pot, but it is the emptiness
inside that holds whatever we want.

Lao Tzu

Dinner Train

Posted by Maya @ 22:21 on August 8, 2015  

folder_xing1

It’s Saturday night.  Scenic Rail Dining… on the Gold train,
as we cruise through Wisconsin.
http://www.railpictures.net/viewphoto.php?id=539880

 

ipso facto @ 20:10

Posted by Maya @ 22:17 on August 8, 2015  

Swami sez:

Dangle a crystal ball in front of each eye. You will see all… in stereo.  :mrgreen:

 

Incredibly stupid thing to say Donald

Posted by ipso facto @ 21:52 on August 8, 2015  

Atlanta (CNN)—Donald Trump’s feud with Megyn Kelly escalated Friday night when he said the Fox News host had “blood coming out of her wherever” at this week’s Republican debate, resulting in swift condemnation from conservatives and a major political event pulling its invitation to him.

During Thursday’s presidential debate, Kelly pressed Trump about misogynistic, sexist comments he made in the past, such as calling some women “fat pigs, dogs, slobs, and disgusting animals.”

Trump slammed Kelly, saying her questions were “ridiculous” and “off-base.”

“You could see there was blood coming out of her eyes,” Trump told CNN’s Don Lemon on Friday night. “Blood coming out of her wherever.”

But the comment crossed the line, RedState.com editor Erick Erickson said Friday night. He disinvited Trump from the RedState Gathering, a conservative event featuring GOP presidential hopefuls this weekend in Atlanta. Trump was scheduled to give the keynote speech Saturday night.

Saturday morning, Trump attempted to clarify the remark on Twitter.

“Re Megyn Kelly quote: ‘you could see there was blood coming out of her eyes, blood coming out of her wherever’ (NOSE). Just got on w/thought”

http://www.cnn.com/2015/08/08/politics/donald-trump-cnn-megyn-kelly-comment/

Maya

Posted by ipso facto @ 20:10 on August 8, 2015  

… but on a more important note … could you please ask Swami where I left my glasses? :mrgreen:

Buygold @ 17:51

Posted by Maya @ 19:03 on August 8, 2015  

Swami Sez:
“Something” in the air starting today will spook the Chinese wives to distrust the currency… and buy Gold en-masse at a consumer level. Watch for increasing demand from Chinese populace.

Swami gazing into a crystal ball

That headline looks like it could be a trigger for things to come…

Not sure what he mean’t by that either…

Posted by Richard640 @ 19:02 on August 8, 2015  

oldie but goodie

Posted by treefrog @ 18:22 on August 8, 2015  

http://dominicfrisby.com/films/debt-bomb-2

CAUTION!  video is “R” rated.  pretty mild by today’s web standards.

 

DEBT BOMB
(Lyrics by Dominic Frisby)

Aw, aw baby, yeah, ooh yeah, huh, listen to this

Mortgages, cars, consumer shite
Government spending all through the night
Pensions and healthcare and welfare rights
Education , wars to fight

Ooh, I love a good war to fight

Run up a deficit, ignore the facts
Blame someone else, put up tax
I can’t deny we had a crack
But now we gotta pay it back

Debt bomb, debt bomb, you’re a debt bomb uh hu
The addiction to credit just goes on and on and on – give it to me
Debt bomb, debt bomb, you’re a debt bomb
A bail-out ooh you’re turn me on

You know what you’re doing to me don’t you. ha ha,
I know you do

If you can’t afford it don’t be ill at ease – no
Spend it anyway, you’ve got voters to appease
Take the prudent savers and just give them a squeeze
That’s the economics of Keynes

Quantitative easing, zero interest rates
Steal from the future, hide the bad mistakes
We gotta keep those asset prices high
Don’t matter if the credit’s dry

Debt bomb, debt bomb, you’re a debt bomb uh hu
Try to pay the debt off with inflation
Debt bomb, debt bomb, you’re a debt bomb
Malinvestment ooh you’re turn me on

A boom brought about by credit will always bust
You’ve then got two choices, decide you must
Abandon the addiction, the credit lust
Or the currency collapses , it just turns to worthless dust

Debt bomb, debt bomb, you’re a debt bomb uh hu
Destroy the country’s money, anything to carry on
Debt bomb, debt bomb, you’re a debt bomb
Bubbles ooh you’re turn me on

Fiat rules

Posted by Buygold @ 17:51 on August 8, 2015  

Chinese Trade Crashes, And Why A Yuan Devaluation Is Now Just A Matter Of Time

Tyler Durden's picture

R640

Posted by Buygold @ 17:45 on August 8, 2015  

“With a six-year low for gold demand in the first half of this year”

Is he talking about paper or physical demand?

Just askin’

100 shooting stars per minute: Night skies to stage Perseid shower peak Wednesday

Posted by ipso facto @ 17:35 on August 8, 2015  

http://www.rt.com/news/311944-perseid-meteor-shower-august/

Amazing Prophacy from 50 years ago

Posted by Auandag @ 14:09 on August 8, 2015  

http://stg.do/9LDc

This is a good article

Posted by Richard640 @ 13:28 on August 8, 2015  

Gold appears to be close to lowest in its price cycle
Peter Cooper—August 7, 2015

Is gold a buy now, or should you wait for a possible autumn price crash?

With a six-year low for gold demand in the first half of this year and the lowest prices since the global financial crisis, the negative headlines for gold have reached something of a crescendo over the past month.

This is what you usually see at a cyclical bottom for prices in any financial market. The Reuters/Gems report on gold demand in the first half of the year was particularly damning, with the Chinese stock market bubble attracting a large group of previous buyers of gold.

However, the latest feedback from the Perth Mint, one of the largest gold refiners in the world, is that it cannot produce bars and coins fast enough to satisfy a sudden surge in demand from China, India and Thailand, as physical gold buyers there are responding to the lowest gold prices in many years.

It is probably no coincidence that the Chinese stock market bubble has also just gone spectacularly bust. Money is coming out of that market and into gold. That is the way money flows – out of one asset class that is topping out and into the one that appears to be at a bottom.

So have gold prices actually bottomed out? Or could there still be a dramatic lurch down in prices as in the wipeout during the 2008-09 global financial crash?

It’s a tough call, and on this question gold forecasters have indulged in more fudge than you would find in Cornish villages at this time of year. Even when I can get a clear statement out of them, there is always somebody who writes to me saying I have misunderstood it.

So at the risk of upsetting another gold bug, or more probably a shorter of gold, I can only say this – gold prices could well be at their bottom now because the negatives are stacked so high, and because I can see those negatives so quickly becoming positives in the near future.

Central is the assumption that US interest rates are going up and that this will be bad for gold, as it pays no interest. This is not very likely to happen, or will take place only in tiny steps, because the Fed knows that one wrong step will crash US equity and bond markets. Just the possibility of it happening has already brought the Chinese stock market to its knees.

Even if interest rates do rise dramatically, this is not necessarily bad for gold prices. They last rose exponentially in the late 1970s during a period of very high interest rates. The correlation sounds obvious, but actually it is false.

Then we have to ask: if gold prices have been falling while stock and bond markets have moved into unsustainable bubbles, then won’t the reverse also be true?

The money flowing out of equities and bonds will, at least in part, find a home in gold investment, and silver too if history is any guide. Given that the gold market is very small relative to stock and bond markets – less than one-fiftieth on one calculation – the impact on the price of money moving out of such large markets and into precious metals will be huge.

But it is still conceivable that precious metals could retest much lower lows than we have recently seen in another global financial crisis, perhaps this autumn. Why is that? In a crash everything moves lower because those in trouble have to dump all their assets and the good gets sold off with the bad.

That said, the gold price falls will be lower than on other assets, as the market will be anticipating that gold will rebound more quickly than anything else, as it did in 2010-11. At that time, gold prices rocketed from the bottom and silver prices rose a phenomenal eight-fold.

Could this just be a dress rehearsal for what is coming next in precious-metal prices? Actually yes, and there is a very good reason to think it highly probable.

The doyen of the commodities gurus, Jim Rogers, has pointed out that he cannot remember a single incidence of a commodity bull market without a 50 per cent fall in the price before a final exponential price surge that marks the real end of a bull market.

Gold has just had its 50 per cent retracement. That is to say, a fall in price to halfway between the starting point of about US$250 an ounce in 2000 and the top of $1,923 in 2011.

Now we should see the real boom in the gold price. This is totally contrary to what almost every professional forecaster is predicting.

Peter Cooper is the editor of ArabianMoney.net.

What could possibly go wrong?

Posted by commish @ 10:39 on August 8, 2015  

d2e61b922c

From the fat cat’s mouth

Posted by Scruffy @ 8:31 on August 8, 2015  

FOX News Brett Baier (talking to Trump): Now, 15 years ago, you called yourself a liberal on health care. You were for a single-payer system, a Canadian-style system. Why were you for that then and why aren’t you for it now?

TRUMP: As far as single payer, it works in Canada. It works incredibly well in Scotland. It could have worked in a different age, which is the age you’re talking about here.

What I’d like to see is a private system without the artificial lines around every state. I have a big company with thousands and thousands of employees. And if I’m negotiating in New York or in New Jersey or in California, I have like one bidder. Nobody can bid.

You know why?

Because the insurance companies are making a fortune because they have control of the politicians, of course, with the exception of the politicians on this stage. (uneasy laughter) But they have total control of the politicians. They’re making a fortune.

Get rid of the artificial lines and you will have…yourself great plans…

BAIER: Mr. Trump, it’s not just your past support for single-payer health care. You’ve also supported a host of other liberal policies….You’ve also donated to several Democratic candidates, Hillary Clinton included, and Nancy Pelosi. You explained away those donations saying you did that to get business-related favors. And you said recently, quote, “When you give, they do whatever the hell you want them to do.”

TRUMP: You’d better believe it.

BAIER: — they do?

TRUMP: If I ask them, if I need them, you know, most of the people on this stage I’ve given to, just so you understand, a lot of money.

TRUMP:  I will tell you that our system is broken. I gave to many people, before this, before two months ago, I was a businessman. I give to everybody. When they call, I give. And do you know what? When I need something from them two years later, three years later, I call them, they are there for me. And that’s a broken system.

UNIDENTIFIED MALE: What did you get from Hillary Clinton and Nancy Pelosi?

TRUMP: Well, I’ll tell you what, with Hillary Clinton, I said be at my wedding and she came to my wedding. You know why?

She didn’t have a choice because I gave. I gave to a foundation that, frankly, that foundation is supposed to do good. I didn’t know her money would be used on private jets going all over the world. It was.

BAIER: Hold on…..We’re going to — we’re going to move on.” (Transcript: Read the Full Text of the Primetime Republican Debate, Time)

There it is, two glorious minutes of pure, unalloyed truth on national television. How often does that happen?

How often does a fatcat billionaire-insider appear on TV and announce that the whole system is a big-fat scam run by crooks and patsies?

An optimist for sure….

Posted by Scruffy @ 7:27 on August 8, 2015  

David Stockman has long warned that the stock market is on the verge of a massive collapse, and the recent price action has him even more convinced than ever that the bottom is about to fall out.

“I think it’s pretty obvious that the top is in,” the Reagan administration’s OMB director said Thursday on CNBC’s “Futures Now.” The S&P 500 has traded in a historically narrow range for the better part of 2015, having moved just 1 percent higher year to date. “It’s just waiting for the knee-jerk bulls, robo traders and dip buyers to finally capitulate.”

Stockman, whose past claims have yet to come to fruition, still believes that the excessive monetary policy from central banks around the world has created a “debt supernova,” and all the signs point to “the end of the central bank enabled bubble,” which could cause a worldwide recession.

“The larger picture has nothing to do with the jobs report [Friday] or even the September decision by the Fed,” said Stockman. “It has to do with the the fact that the world economy, including the U.S., is heading into what is clearly going to be an epochal deflation to the likes of what we have never experienced in modern time.”

According to Stockman, it’s only a matter of time before the collapse in China trickles down to other markets. “The whole global economy since 2008 has been driven forward by this massive investment and construction and borrowing spree in China,” said Stockman. “The point that I’m making is that it’s over.”

For Stockman, there’s no reversing the artificially inflated bubbles created by the Federal Reserve. “I think what we are seeing is the beginning evidence that the central bank-driven credit economy is over and we are in a new era,” said Stockman. “It’s a huge disaster waiting to happen.”

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