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

Pakistan Slapped With A $6 Billion Fine In Mining Case

Posted by ipso facto @ 20:31 on July 14, 2019  

(Kitco News) – Pakistan has been ordered to pay nearly $6 billion in damages by a World Bank arbitration court to Tethyan Copper, a joint venture between Chile’s Antofagasta and Canada’s Barrick Gold.

The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) made the ruling in favor of Tethyan Copper back in 2017 but announced the amount in damages owned only on July 12.

https://www.kitco.com/news/2019-07-14/Pakistan-Slapped-With-A-6-Billion-Fine-In-Mining-Case.html

Gold up $8.60-nice start-we’ll see what it looks like in the. a.m.-if any contract dumps happen in the wee hours-silver’s up 4 cent

Posted by Richard640 @ 18:24 on July 14, 2019  

https://www.worldcoinindex.com

Gold already. swatted for $5–still up 4.50 @7:35pm

Posted by Maya @ 17:48 on July 14, 2019  

errors

autocorrect

 

Bitcoin down 7.7%—Etherium down. 12.5%

Posted by Richard640 @ 16:38 on July 14, 2019  

https://www.worldcoinindex.com

So. with these swings [and thefts] happening several times a month, this system is going to replace the current. world financial transaction structure…?

Hey Mr Copper

Posted by Portugeezer @ 16:38 on July 14, 2019  

If you want to, drop us a line at richybassett

Add a bit of Hotmail

and a dotcom

Rich

Mr.Copper

Posted by ipso facto @ 15:19 on July 14, 2019  

Sorry to hear you’re not tip top … remember: NIL ILLEGITIMI CARBORUNDUM

@ipso facto

Posted by Mr.Copper @ 14:18 on July 14, 2019  

Hi ipso, thanks for shout, and thinking of me. Luv ya.  I’ve been pretty down here, about as far down as you can get. I do check in here occasionally for there’s always something interesting to read.

Shout Out to Mr. Copper

Posted by ipso facto @ 13:16 on July 14, 2019  

Hope all’s OK amigo.

Buygold

Posted by ipso facto @ 13:15 on July 14, 2019  

I think if you think about things before acting then that is free will. Of course we all have our genetics and experiences to effect our thinking.

If you just react to stuff then you might as well be a bug or a puppet!

I just don’t want to be a character in some cosmic video game! 🙂

Ipso – that is interesting

Posted by Buygold @ 11:47 on July 14, 2019  

I’m not sure we really do have free will. Seems most of us just are what we are and are in large part beholden to our genetic makeup.

Breaking the chain is pretty difficult.

Richard640 @ 9:37

Posted by ipso facto @ 10:05 on July 14, 2019  

I think I’ll nominate myself for a Nobel Prize! 🙂

Interesting stuff …

Posted by ipso facto @ 10:03 on July 14, 2019  

Would it surprise you to learn that evolution had found a way to encode PTSD-inducing experiences into a parent’s DNA to pass on to their own offspring (and subsequent generations)? Well it has and this has been proven out in both humans (here also) and mice.

Quite to the surprise of scientists and students everywhere who thought the Darwin vs. Lamarck (nature vs nurture) debate was a decisive first round knock-out for Darwin, it turns out that mice and humans (and presumably many other creatures) can encode experiences into their DNA and pass them along to their offspring.

Rather than waiting for a random mutation to confer a new behavior that improves survival (Darwin) both mice and humans can encode a traumatic experience and pass that right along to their children. Babies born to war-starved women store fat with miserly fanaticism and experience far higher rates of chronic health issues. Children of holocaust survivors are prone to anxiety and have elevated stress hormones throughout their own lives. The sons of Union war prisoners were far more likely to die early than the sons of soldiers who were not prisoners.

In other words, our DNA is busy talking with the world around us and storing what seems to be useful information to pass along and/or use. The DNA is the hardware, that’s the part Darwin got right. And epigenetics is the software, which is the part that Lamarck understood.

Carl Jung perhaps understood more of this duality than I’ve appreciated:

https://www.zerohedge.com/news/2019-07-13/do-you-truly-have-free-will

if there were. COTs for stocks and Bitcoin, they’d be in the stratushere…but, like old man river, they just keep rolling along

Posted by Richard640 @ 10:01 on July 14, 2019  

But COTs are high for. G&S and we’re all supposed. to crap our pants, sell out and go to cash…after a big 100–140 buck gold rally…Bitcoin can go up 300-600–900a DAY but that’s not a problem…

COT data is now at levels of previous tops.

Got gold?—-Liquidity Crisis at Woodford Equity Fund Is Symptomatic of Systemic Problem, Bank of England Warns

Posted by Richard640 @ 9:49 on July 14, 2019  

$30 trillion of assets globally are held by similar open-ended funds.

By Nick Corbishley, for WOLF STREET:

The Bank of England warned on Thursday that “financial stability risks are increasing” from giant open-ended funds, which are estimated to hold some $30 trillion in assets globally. These funds are vast sources of financing for the real economy but can pose a systemic risk since the money often goes into assets that are hard to sell quickly, the central bank said in its latest Financial Stability Report.

https://tinyurl.com/y2kx2fa8

Ipso–that’s the. quote of the year!

Posted by Richard640 @ 9:37 on July 14, 2019  

Buygold-I am not smug about. this. gold rally…I know. we aren’t home free…

Posted by Richard640 @ 9:34 on July 14, 2019  

Maddog–interesting point about the pension funds…with zero interest. rates and mandated govvie bond purchases, they’ll need a bailout…and that’s why VISHNU created Modern Monetary. Policy…no sweat…just a few key strokes and

POOF!

…there goes perspiration!

In what universe

Posted by ipso facto @ 9:28 on July 14, 2019  

does it make more sense to buy negative yielding debt instead of gold?

answer: NONE!

The FED is aware of this

Posted by Richard640 @ 9:28 on July 14, 2019  
Core crude PPI (the earliest stage of the production process) fell 0.5% after declining 4.5% in May and 1.2% in April. The YoY trend, which was already firmly in negative terrain, melted further – to -9.6% in June from -8.6% previously. Deflation risks dominate.

R6

Posted by Buygold @ 8:31 on July 14, 2019  

a ride to $7000….hope I live to see it, then am able to hold on long enough to sell there.

Course, maybe we should just focus on $1500 first, and hope we’re not headed back to $1250.

I heard a lot of wild predictions when we were up toward $1900

Richard640

Posted by Maddog @ 7:01 on July 14, 2019  

Re Black hole bonds

A huge point that the article fails to mention, is that in the mad world created by the EU, Pension Funds are mandated by law/Regulators to hold a certain percentage of their assets in what is coyly termed, Highly Liquid Assets, which are defined as Government Bonds….

That’s why the debt keeps selling…….as anyone sane would just leave the money in short term depo’s/outright cash….it’s not a choice, it’s forced financing of lousy government.

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