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

The Most Amazing voice you ever heard ..Do share ! Kazakhstan Chinese Russan speaking

Posted by Ororeef @ 23:47 on October 24, 2017  

Posted by Auandag @ 20:36 on October 24, 2017  

College liberals were extremely triggered when posters with the classic Uncle Sam “I Want You”  image and text reading, “I want you to love who you are. Don’t apologize for being white,” were put on kiosks at Boston College during an anti-racism protest.

10-23-17-want-you.jpg

Flake of Arizona on his way out and knows it

Posted by goldielocks @ 20:19 on October 24, 2017  

Just called for impeachment of Trump. Bitter resentful fake Rep knows he’s out and just said he’s not running again. Pos needs to go and hopefully get a constitutionalist in there.

Treefrog 23:00

Posted by goldielocks @ 20:03 on October 24, 2017  

If your discarding needles best to put them in a hard container so they don’t pole through bags which could stick a trash handler then he’d be concerned.

Of tops and the VIX

Posted by Buygold @ 19:54 on October 24, 2017  

It may be the top, certainly the VIX is quietly saying maybe….

Regardless, whatever the market or the VIX is saying, it sure isn’t saying gold or the shares are going up anytime soon.

Down is always the main theme for pm’s but especially the pm shares.

Is it a Top?

Posted by Maya @ 16:06 on October 24, 2017  

Some of the smarter analysts I know think this could possibly have been the top of the broad markets.   Rumor has it that Robert Prechter (Elliot Wave Int’l ) sent a note to subscribers that the top is likely in.

George Ure of Peoplenomics.com has a proprietary aggregate market index that also looks like it topped.  Ure’s subscription service is only $40/yr and I follow it for his intelligent writing rather than market indicators, but he has been right-on recently.  The free side of his writing is available on

urbansurvival.com

 

BTFD fund tops $50 Billion

Posted by Maddog @ 15:28 on October 24, 2017  

http://www.zerohedge.com/news/2017-10-24/how-quant-hedge-fund-surpassed-renaissance-and-de-shaw-become-50-billion-behemoth

No loaded boat, no way….it’s all sorted by our Quants…av mkt experience < 10 yrs…ie they only know a Bull mkt.

redneckoakie–My thoughts exactly! And a dramatic event like that would fake out all the perma-bulls

Posted by Richard640 @ 13:35 on October 24, 2017  

and would be told for years to come as wall st lore…i do not expect this atypical mkt. to end in the usual way–like in 2007-2008–with a long drawn out denouement….

It has gone straight up for 8 months with out a pause to inhale…then sraight down accompanied by a shower of worthless debt-irrepayable IOUs.

Maybe that’s why gold is very quietly rising even thought the $ index just went green by a few tix.

dow futures

Posted by redneckokie1 @ 13:07 on October 24, 2017  

if the dow futures close low range to negative today, we may see a real bloodbath this week. the dow is the only index making new all time highs today. it’s as if the other indexes have topped and waiting on the dow. will the ppt step up again.

 

rno

Posted by treefrog @ 12:59 on October 24, 2017  

22780388_2080740625273003_6983113406506129038_n

Buygold–the mkt looks like a zillion bucks!?? So why is the VXX. 75 ticks off the low??

Posted by Richard640 @ 12:46 on October 24, 2017  

https://finance.yahoo.com/quote/VXX?p=VXX

Buygold-VIX-maybe cause the S&P and NAZ look tentative–hard to

Posted by Richard640 @ 11:41 on October 24, 2017  

imagine them rolling over without the DOW–

banksters get Venezuela’s gold back

Posted by drb2 @ 11:27 on October 24, 2017  

One has to hand it to the banksters – they always win.

 

I applauded to see someone (Chavez) have the nerve to demand holding their own Au.

It didn’t take all that long for them to get it back.  Well done.

 

Good chance this explains gold’s weakness of late.

 

Venezuela Allows Contract To Lapse On The $1.7B Gold Lease To Deutsche Bank

October 23, 2017
The contract has lapsed. Venezuela will get another $500,000,000 (USD) and Deutsche Bank gets the gold. Here’s the latest developments…

In the beginning of 2016, Venezuela swapped some gold with Deutsche Bank:

Venezuela’s central bank has begun negotiations with the suddenly troubled Deutsche Bank to carry out gold swaps “to improve the liquidity of its foreign reserves as it faces heavy debt payments this year”, payments which it won’t be able to fund unless it manages to “liquify” its gold.

One look at Venezuela’s CDS which imply a 78% probability of default in the next year reflect the $9.5 billion in debt service costs this year.

Fast forward to today, and Reuters is reporting that Venezuela has defaulted on the lease:

CARACAS (Reuters) – Venezuela this month allowed a $1.7 billion gold swap with Germany’s Deutsche Bank AG (DBKGn.DE) to lapse, according to an opposition legislator who said it weakens the balance sheet of the crisis-stricken OPEC nation’s central bank.

Through the operation, Venezuela had received $1.2 billion in cash in exchange for putting up $1.7 billion worth of gold in guarantee, part of efforts to improve the liquidity of foreign reserves amid heavy foreign debt payments and low oil prices.

Legislator Angel Alvarado said the contract’s expiration weakens international reserves, which are hovering near 21-year lows as the country’s socialist economic model collapses under low oil prices.

Further reporting from CNBC shows that Venezuela’s debt and finance problems are mounting by the day:

As of last Friday, Venezuela had racked up $349 million in unpaid bond interest. This weekend, it failed to make payments totaling $237 million due on another two sovereign bonds.

There is some consensus forming around the idea that Venezuela is squirreling away its pennies to make sure it is able to pay the $841 million in principal, plus interest, due on Friday on a bond issued by PDVSA, the state oil company. The collateral against the bond is Citgo, PDVSA’s Houston-based refining and retail subsidiary.

The following week, on Nov. 2, a nearly $1.2 billion PDVSA bond is maturing. Unlike the interest payments Venezuela has missed this month, the two major principal payments do not have grace periods.

“This weekend, there’s either going to be a lot of bond holders and traders drinking champagne, or there’s going to be a lot of stressed fund managers,” Dallen said.

One school of thought says that recent U.S. sanctions may be making it more difficult for Venezuela to transfer payments through the international financial system.

 

VIX

Posted by Buygold @ 10:44 on October 24, 2017  

Not getting smashed. Go figure

What we witness in these markets everyday

Posted by Buygold @ 8:10 on October 24, 2017  

can’t even be real, can it?

12 hours ago we had a discussion about the VIX

Posted by Maya @ 1:09 on October 24, 2017  

tpink

perfect

 

Gold Train

Posted by Maya @ 1:05 on October 24, 2017  

folder_xing1-copy

Short and fast. The Rio Grande served the remote NorthWest corner of Colorado with the Yampa Valley Mail. Here we are descending the Rocky Mountain ‘Flatirons’ into the high plains of Denver ahead.
http://www.railpictures.net/photo/634013/

Farmboy?

Posted by Maya @ 0:00 on October 24, 2017  

What has he been building with his trading profits?  🙂

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