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

OK which hole did Farmboy fall into?

Posted by Aguila @ 22:31 on May 31, 2018  

I heard someone call him a while back but did not hear a reply.

Maya – you are welcome

Posted by Alex Valdor @ 20:27 on May 31, 2018  

Glad to hear you have multiple options . I hope you do not need any of them .

Are you sure you would not enjoy a nice category 5 hurricane as a change of pace ? LOL

R640 – that is really interesting

Posted by Buygold @ 20:14 on May 31, 2018  

either DB is lying and all is not well or the stock is being set up for a major short squeeze. The CEO sure felt the need to come out and defend their stock. I still remember when that lying sack of shit from Washington Mutual went on Cramer’s show saying “all is well”

Could DB be the bank that sets off a 2008 style meltdown? Inquiring minds want to know.

One thing I do think, if there is actually a meltdown, this time around gold and silver won’t be sold with the SM. Miners – maybe.

With roughly 90 minutes left in today’s trading, 64,051 puts have been traded in DB’s options pits

Posted by Richard640 @ 20:01 on May 31, 2018  

DB is pacing toward its worst monthly loss since Brexit

by Karee Venema 

U.S.-listed shares of Deutsche Bank AG (NYSE:DB) are selling off today, on news of a damning report by the Federal Reserve. And while the bank stock is barreling toward its lowest close in nearly two years, options traders are bracing for even bigger losses.

With roughly 90 minutes left in today’s trading, 64,051 puts have been traded in DB’s options pits — 10 times what’s typically seen at this point in the session, and volume at a 12-month peak. Most active is the August 7 put, where a 10,000-contract block was likely bought to open, and could be tied to stock, according to Trade-Alert.

However, the 10-strike put seems to be most popular with options traders. More specifically, it looks like new positions are being purchased at this strike in the weekly 6/8, June, July, and August series of options. If this is the case, the goal is for DB stock to sink into single digits over the next few months.


Re Tariffs, We Have To Talk To Ourselves.

Posted by Mr.Copper @ 19:06 on May 31, 2018  

Who did it to who first? Who did it last? Chicken and egg situation. For example, $1 used to equal one Yen. After the war, “they” global socialist NWO gov’t bankers, converted overnight $1 to 360 Yen. That means the USA products get a 360% tariff going into Japan, and low and behold, the USA gets a whopping 360% discount on imports from Japan. Cheap in normally good, but not if its costly later.

Another way to figure out the results of globalization is looking at living standards. USA’s were great 1945 to 1975. After 1975 US living standards went down the toilet. Has Canada’s living standards gone down since 1975?? I doubt that very much. Its logical to believe many countries got hurt after or since 2008. Only 10 years.

US started hurting after 1975 43 years ago. The Americans were FED UP for decades. Are Canadians fed up? Are the Japanese people fed up? How about China? Their living standards are thru the roof. Are any Chinese people pissed off about their living standards?

Another thing. Does Canada, Mexico, Japan, and China have huge national debts? Huge trade and budget deficits? If not they have no logical right to add tariffs against the USA. Lets say you had a below marked priced apartment, for 25 years, your landlord died, the kids took it over, and doubled your rent. Would you COMPLAIN?? I hope not. You should be happy for what you got. Allies should not be complaining and reciprocate.

And what’s this allies thing? The USA doesn’t have any allies, only the allies do. Somebody please tell me name any other countries that did something big for the USA. Geez TPTB married the USA with countries that have “baggage”. WW I, WW II, Korea, Vietnam, foreign aid, imports, on and on. Haven’t we done enough?? The USA should declare independence AGAIN, and be like Switzerland, and dump all the baggage.

Anybody in the USA that is happy these days means they did well because their business or occupation was artificially supported by the gov’t and taxpayers to over ride manufacturing losses.


Posted by Buygold @ 16:29 on May 31, 2018  

Agree. I don’t think many here are enthusiastic about tariffs being put on our neighbors to the north. I’m not sure it makes a ton of sense given that we have a $2 billion surplus with Canada when it comes to steel and aluminum. It sure hasn’t made it any easier on our business and prices have been really volatile and unpredictable.

At the end of the day, we all have such little control over what our governments do to impose their will on us and certainly don’t know what their motives are behind the scenes.

I feel the same way about our warmongering here in the U.S.




Posted by goldielocks @ 16:28 on May 31, 2018  

Canada and US should work something out I hope but that PM over there I don’t know if he’s good for Canada. You would know more about it than me. I’d hate to see that beautiful country have cities like we do in NY Chicago and Souther Cal. They can learn from other people mistakes too.

As far as steel I can think two ways. What’s good for another may not be good for us. My father before he died young back in the 70s owned a steel company and was VP of another in Menominee Wisc. Things were getting hard then. He care about people, he cared about American jobs. He during hard times kept the companies going and even borrowed on his home to do it. After he died the company fell apart putting a lot of good family men out of work. From memory although pretty young then aluminum was a new competitor then. Since then steel has continued to go down hill. So why even if a small portion are we even buying from someone else?
When I visited PA few years back I saw the devastation of closed mills there too.

It’s a sad day for this forum too.

Posted by Equisetum @ 16:12 on May 31, 2018  

Why do I say that?  Because it’s a sad day for Canada-U.S relations, given the imposition of tariffs  on steel and aluminum coming out of Canada. What has that got to do with this forum?  Perhaps not very much, because there are so few Canadians posting on this US-centric forum .  But I am personally pissed off with the unfriendly tariff gesture that was just flung at us from south of the Canada-US border.  And I have to make a real effort to  remind myself that there are many beneficial aspects to a good relationship between Canada and the U. S., but it is difficult to find the good on days like this.


Posted by goldielocks @ 16:12 on May 31, 2018  

That 70 ish silver is a plus minus that was charted as a future move after the last high. Not a absolute but if it happens that way it will be the same as last time people calling for 100 silver. I was charting last time guessed 48 high traded some silver to to lighter gold just before so I could get spot plus a discount on gold before it went up next lol The people there while I was walking around listening including the buyer/seller as people were buying he said silver is what I’d be buying. Made it easy for me to trade. They don’t read charts or people’s psychological barrier or double tops for the 80 s
I can’t be sure it will happen that way but when or IF it moves keep psychological trailing stops in your head plus if people get out early before the target and ignore the noise calling for higher nights 100-200 less something really bad is going on. Even then..


Posted by Buygold @ 15:47 on May 31, 2018  

Yeah, I agree. I don’t see any overnight moves like that either, especially with the 1% cap in place.


deer79 @ 15:19 Agreed, “Why Now” Yes, preparing For and or trying to delay The Next Fiasco.

Posted by Mr.Copper @ 15:42 on May 31, 2018  

Its double or nothing now with loaned out paper money. These bozos running things are throttle up desperate to avoid the trees at the end of the runway. Eight years, plus half way down the runway already during Obama, the airspeed was too low.

They got Trump to run and unharnessed him. Its a panic situation now with all good words and deeds.


Posted by goldielocks @ 15:41 on May 31, 2018  

IF G/S make big moves IN OUR LIFE TIME it will probably be progressive, G 2300-24
Silver 70 ish then maybe years later 100 plus. One cannot accurately forecast years out anymore so just guessing.

Financials said if Trump goes ahead over a million jobs will be threatened scare. I’m guessing Trump has to be hard nosed to get fair trade all around. Yeah they can blame Trump but too many eyes what’s really going on.

Strange, I just Noticed My Biggest Dog DRD Is Up 18% on the month.

Posted by Mr.Copper @ 15:32 on May 31, 2018  

I think all they do is go thru tailings. Another good comeback is GORO, +25% on the month. EGO + 18%, IAG + 15%, and AKG MUX + 9%.

My other big dog NSU, + 19%. On Silver?? PAAS and AG + 10% on the month. CDE+7%.

All that with Gold DOWN on the month.

About 10 steel related stocks up 10-20%.

Willie and DB

Posted by Buygold @ 15:27 on May 31, 2018  

Course you have to Willie with a big grain of rock salt, the guy has been saying this stuff for years.

That being said, if DB or another Euro bank goes bust, you can bet the EU will figure out a way to blame Trump, probably something idiotic like his tariffs are responsible.

Then there’s the “silver will be over $100 and gold over $5K”

When have we ever seen pm’s make moves like that?


Posted by deer79 @ 15:19 on May 31, 2018  

What I find somewhat coincidental, then, is this week’s revision (by the Federal Reserve) of the Volcker Rule nearly five years after the prohibition on bank proprietary trading. Why now? Aren’t banks supposedly making boat loads of $ with interest rates creeping back up? 

Fed Chairman Powell claims that this will “allow firms to conduct appropriate activities without undue burden, and without sacrificing safety and soundness.” 

It almost sounds to me that they’re setting up the taxpayer (deposit holders) to be left holding the bag. Wasn’t this rule originally established to protect the taxpayer? 




@Richey re your…”I hear all the time from many quarters that 2008 will repeat”

Posted by Mr.Copper @ 15:13 on May 31, 2018  

I agree with that. I always figured TPTB simply put the economy in the “eye” of a storm after 2008. They never really did the big things that had to be done. Another big hit like 2008 will put them all down for good.

The important thing to keep in mind about Deutsche Bank is that it won’t go down alone if it goes down at all. If it fails, it will take along with it 3,4,5,6 or 10, or 15 other banks!

Posted by Richard640 @ 14:57 on May 31, 2018  

Jim Willie Issues Alert: If Deutsche Bank Goes Under It Will be Lehman TIMES FIVE!

image: https://www.silverdoctors.com/wp-content/uploads/2015/07/collapse-bail-in.jpg

With Deutsche Bank forced to issue a statement defending its liquidity today after its stock crashed 10% to financial crisis lows, implying that a $70 Trillion derivatives book may be on the verge of collapse, we thought it apropos to revisit Jim Willie’s dire warning that if Deutsche Bank goes down, it will be Lehman TIMES FIVE:A bank failure contagion, that’s whats going to push the price of gold WAY over $2,000/oz again.
The Price of Silver is going to be moving over $100 and the price of gold is going over $5,000…
A failure of Deutsche Bank would trigger a systemic banking contagion the likes of which the Western world has never seen…


With Euro-zone banks showing renewed signs of crisis (Deutsche Bank deleveraging by a massive €425 billion over the past year- the fastest pace since the 2011 near-Euro collapse, and Barclays admitting a £12.8bn capital shortfall Tuesday) and fundamental indicators in the gold market screaming financial crisis (GOFO rates remain negative for nearly 20 days and massive inventory draw-downs at the COMEX & LBMA), The Doc  spoke with Jim Willie Tuesday in an explosive MUST READ interview.

Willie, who recently stated that Deutche Bank is under major duress and could be the first major bank to collapse in the next stage of the banking crisis, informed The Doc that unlike the collapse of Lehman Brothers in 2008 which the Western Central banks were able to contain thanks to $13 T in bailout funds, a failure of Deutsche Bank would trigger a systemic banking contagion the likes of which the Western world has never seen.


When asked by The Doc how Deutsche Bank differs from Lehman Brothers in 2008, and what events could lead to a renewed banking crisis, Willie responded:

My best German source informs me that 3 major banks are in trouble, and these 3 banks are fighting every single night to fight off insolvency and failure.  He says CitiGroup in New York, Barclays in London, and Deutsche Bank in Germany- every single night are in trouble.  

The important thing to keep in mind about Deutsche Bank is that it won’t go down alone if it goes down at all.  If it fails, it will take along with it 3,4,5,6 or 10, or 15 other banks!   It will be 1 or 2 quickly, then a 3rd and 4th a few weeks later, another, then before you know it, all of Italy and their major banks would be kaput.

Read more at https://www.maxkeiser.com/2016/02/jim-willie-issues-alert-if-deutsche-bank-goes-under-it-will-be-lehman-times-five/#wuVqmhp6Kp1R5AzJ.99

Deer79–Maddog–all comments in my post were ZH readers, not mine

Posted by Richard640 @ 14:45 on May 31, 2018  

Maddog=thanks for checking that–It really doesn’t matter anyway–as u say, it would be impossible to offload all of them

Deer79–I agree with you–if one thinks a banking crisis is possible in Europe…the U.S. would not escape unaffected-I would not short DB…

Bottom line: I hear all the time from many quarters that 2008 will repeat…and next time will be far worse because the CBs shot their wad back in 2008…if 2008 is to occur this year or next, what better way to insure your assets–for peanuts–than spending $4 a put for WFC Oct 19th 2018 $30 puts or 9 bucks a put for the Jan 19th 2019 $30 puts….if 2008 did happen this yr or next ya could make $250K on 200 puts…in 2008 WFC dropped 66% from it’s high–the high this yr was $66–so 66% drop=$22—66% from the current price, $54, would be $17–CITY Corp went from about $64 to a buck in 2008.

overton @ 13:52

Posted by ipso facto @ 14:20 on May 31, 2018  

NVO had news on their bulk sample today. I don’t follow it too closely so there could easily be other factors at work.

… or perhaps you gest at the crazy action? 🙂


Posted by Maddog @ 14:16 on May 31, 2018  

Re DB and Derivatives

Just did a quick search and can see no comment about DB dumping its derivatives to anyone….If it had it would be v big news and secondly the loss on them would have wiped DB out many times over, as no one would be strong bidder for all that crap…so I think that comment could be False News.

Also DB’s derivative book is 20 times German GDP….Germany can’t nationalise it, without going bust itself !!!!!!

By the Dawn’s Early Light…

Posted by Maya @ 14:00 on May 31, 2018  

250 foot fountains from fissure 8.   400,000 cubic yards per day is repaving lower Puna.


Courtesy USGS.

Alex- Thanks for the offer, but I have plenty of nearby options if needed.


Posted by deer79 @ 13:58 on May 31, 2018  

I might be wrong on this, but my understanding of the Novo deal is that its simply a transfer of 4 m illion shares from Artemis (granted to them by Novo in August of 2017) to Kirkland at an exercisible price of US $3.86. 

This latest purchase of shares by Kirkland ups their stake in Novo to just under 20% (19.5%) of outstanding shares. IMHO, this is not just throwing money around by Kirkland. I would hope that they’ve done their DD and have a pretty good idea of what Novo has. Admittedly, the execution on Novo’s part hasnt been good, but I think its a good opportunity to scoop a few shares here. 

Ipso…………..that private invitation to to sell novo shares to the 5 % of the private placement holders

Posted by overton @ 13:52 on May 31, 2018  

must have went out early


Posted by Buygold @ 13:30 on May 31, 2018  

Selling us down into the close. No big surprise I’d be selling pm’s in front of a jobs report too which I think is tomorrow am.

Hope DB goes in the tank and takes all the banksters with them.


Posted by deer79 @ 13:26 on May 31, 2018  

I want to make sure I understand what you’re saying about DB. Dont try and take a short position in it (a la buying out-of-the money puts) because the German Government will nationalize it and take it out of play?

Secondly, if these rotten derivatives have been transferred to US banks, wouldnt you get more bang for your buck by taking a position in out-of-the money puts in a US banking index?

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