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

Maddog

Posted by Buygold @ 21:47 on June 13, 2018  

You know the drill. DOW will open up 200 tomorrow. Gold will be down $10.

No worries, same old shit

Florida

Posted by goldielocks @ 21:33 on June 13, 2018  

Well that’s good it will not include Fox Business. I’m not looking right now what they’re up to but they all still need to play growth even though they have more money than they know what to do with to appease the board members. It always leads to bubbles at some point down the road.

goldielocks @ 18:35 after more reading

Posted by Floridagold @ 20:28 on June 13, 2018  

I stand corrected in that the FOX NETWORK and FOX Business Network are not included in the deal.  It is not clear whether FOX SPORTS Network is included or not — specific regional Fox  Sports networks ARE included in the sale.    So, in my mind, while this is still bad – it is not as bad as I first thought as Murdock will still own FOX NETWORK !  Sorry for any confusion I might have caused !

dunce

Florida

Posted by goldielocks @ 18:35 on June 13, 2018  

Yep just what I was thinking. Of the two bidding for it, Comcast or Disney I hope Comcast gets it. Better, hope the merger can be stopped.

goldielocks @ 16:09 of course they do

Posted by Floridagold @ 18:31 on June 13, 2018  

that way they can get rid of the only half-way conservative Network (FOX ) and make it just like all the other Dem mouthpieces !  (ABC, NBC, CBS, CNN, MSNBC, CNBC)  Excuse me while I………….

headbashwall

Just noticed silver got over $17 today before falling back

Posted by ipso facto @ 16:47 on June 13, 2018  

spot silver

There they go

Posted by goldielocks @ 16:09 on June 13, 2018  

Comcast want to buy out N Fox. Wonder who wants to merge with Comcast next or vise Versa.

GDX last Unch….why bother to open PM shares.

Posted by Maddog @ 15:53 on June 13, 2018  

Richard 15:34

Posted by goldielocks @ 15:51 on June 13, 2018  

Of course cuz it’s gonna speed up maybe and they need a reason. They have a target of raises till 2020.

R640

Posted by Maddog @ 15:50 on June 13, 2018  

PM shares Au plus $ 4 and Hui unch to down in lockstep with SM…just crazy!!!!

Ag even worse plus 1.4 % and shares no where.

Richard

Posted by goldielocks @ 15:48 on June 13, 2018  

I wonder if Netflix is up because Att and Time warmer merged and speciation on higher prices. This might set precedent of others to merge.

G&S surging now–GDX up a big 3 cents–WPM up 7cents–NUGT up 4 cents–

Posted by Richard640 @ 15:39 on June 13, 2018  

Jeesh! The games never end…phooey!

Whoa! After the zfed decision, the $ had a big spike then gave it all back and is DOWN. .108–Hmmm-Ina any other

Posted by Richard640 @ 15:34 on June 13, 2018  

market I’d say that’s pretty bullish action–2 more rate hikes in 2018? Why the long face Mister Dollar? I gotta buy something…

http://futures.tradingcharts.com/intraday/DXM18

Netflix up 18 bucks-5%–on exactly what news?

Posted by Richard640 @ 15:20 on June 13, 2018  

This crowding in–like the “NiIfty-Fifty—is what ya see at major, major tops…

Roll up. roll up ….u can buy every ounce of gold ever mined at $1300, as many times over as u like…..!!!!!!!

Posted by Maddog @ 15:15 on June 13, 2018  

Buygold–Goldi–Yup! G&S are following the script…some small gains that are predictive of zilch-Ho hum, another day at the office.

Posted by Richard640 @ 15:14 on June 13, 2018  

Richard

Posted by goldielocks @ 14:29 on June 13, 2018  

That’s creepy. Funny evil didn’t change when they were all underground or in concentration camps. Ipso link about people in power about summed it up, sociopathy group think.
Fed knows the pensions are in trouble. I wonder if things are going to speed up now but then we have Europe that don’t want it even though they are bound to raise they’re when no one buys their bonds. Hard for them to balance anything.

Portugeezer

Posted by goldielocks @ 14:12 on June 13, 2018  

Lol Bullies don’t like it when someone better at it comes along. Ask R De Niro.

When was the last time any economic news was PM bullish.

Posted by Maddog @ 14:07 on June 13, 2018  

the odds on real events/numbers being bearish every time, are now beyond calculation. The scum are making the mkts are sad joke.

Update

Algos have Hui going tick for tick with SM !!!!!!!

D’oh!

Posted by ipso facto @ 13:31 on June 13, 2018  

Crypto Collapse Accelerates As Bitcoin Miners Turn Cashflow Negative

Another day, another leg lower in cryptocurrencies as FUD spreads, this time on the back of headlines exposing market manipulation during last year’s meltup and collapsing margins for miners as prices tumble below breakevens.

https://www.zerohedge.com/news/2018-06-13/crypto-collapse-accelerates-bitcoin-miners-turn-cashflow-negative

Buygold @ 12:19

Posted by ipso facto @ 12:38 on June 13, 2018  

The first popcorn?

Looks like EXK is breaking out …

http://schrts.co/6deJsm

EXK up on heavy volume

Posted by Buygold @ 12:19 on June 13, 2018  

No news I can see

R640

Posted by Buygold @ 12:13 on June 13, 2018  

Generally not uncommon for the metals to be firm before a rate hike, it’s what they do to them after. I’d bet on a $20 down move today.

Metals should be higher based on the blowout PPI inflation numbers this am.

I just got home-I see that again G&S are up on FED day–this has been going on for many months

Posted by Richard640 @ 11:54 on June 13, 2018  

I’d like to say “how bullish” but  any gains are given back in the following days–gold’s up 2.50 and S up 11 but the HUI is down…so what else is new in the gold world? That’s what happens when the Elders of Zion control the world!!

***********************************************************

The Protocols Of The Elders Of Zion The Jewish Danger 1921

illustration Of Anti-Semitism The Protocols Of The Elders Of Zion The Jewish Danger 1921 Stock Photo

Beware!The Federal Reserve will hike at least every other meeting until something breaks. Full stop.

Posted by Richard640 @ 11:43 on June 13, 2018  
THE FED IS NOT YOUR FRIEND

The truth of the matter is that the US economy is doing well. In fact, beneath the hood, it might even be booming.

We are so far away from the Federal Reserve slowing down the rate of hikes. The economy is doing well. Stocks are on their highs. Unemployment is hitting new lows. Inflation is ticking at cycle highs. If anything, I expect the Federal Reserve to increase the pace of tightenings – not the other way round.

I am not sure what this will mean to asset prices, but be careful in assuming the Fed is on financial markets’ side…

 

Powell will not reduce this pace because the 5-30 spread is hitting new lows. Nor will he care about the effective Fed Funds spread over IOER. And finally, the Federal Reserve has a mandate to set policy for the USA and will not alter course because of emerging market wobbles.

Additionally, there have been stories indicating the Federal Reserve is considering holding press conferences every meeting as opposed to every second one. Although there are plenty of good reasons to change this policy, I believe that Powell is worried he will have to raise rates at a quicker pace in the future.

Let’s face it, on the metrics that matter to the Federal Reserve (employment and inflation), the signals are all pointing to an economy that needs higher rates.

Thanks for reading,

Kevin Muir
the MacroTourist

https://www.themacrotourist.com/posts/2018/06/13/fedday/

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