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


Posted by treefrog @ 22:54 on October 30, 2019  

i remember that french currency deal in the mid ’60s  i was riding my little peugeot 49cc motorbiike around paris, and when i needed to fill it up, i would tell the attendant “mille francs” (1000 old francs) and hand over a ten (new) franc note.  either way, it was about two bucks worth of gas. the bike was a lot like a mo-ped, a lot of fun, but performance? not so much.  it got me back and forth to classes.

i was back in the early ’90s and they had dropped the “NF” (new franc) notation from the bills.

ororeef be good – No Running!

Posted by Aguila @ 22:35 on October 30, 2019  


Posted by amals @ 22:24 on October 30, 2019  

Glad to hear you made it through all right.  Easy does it and steady as she goes; that’s a lot to recover from.


Posted by goldielocks @ 21:26 on October 30, 2019  

I don’t think most Americans including self are used to seeing 10K notes or value or money in Columbia.
If they took the Mil off without the three zeros if Mil means 1000
wouldn’t that be confusing? Either having both was confusing or kids these days can’t count.

I think there is a lesson here

Posted by Alex Valdor @ 20:19 on October 30, 2019  

These two bills are identical in value .
Can you spot the difference between new (top) and old ( bottom )

I saw something similar in France , back in the early 1960’s .
There were Francs , and New Francs (NF) with fewer zeros .
Here , the zeros are still there , but written (Mil) instead of displayed .
I am sure that soon , the Mil will be dropped from the designation .


Ororeef – many thanks for the update !

Posted by Alex Valdor @ 20:09 on October 30, 2019  

Good to see you back online with us .


Posted by goldielocks @ 19:18 on October 30, 2019  

Glad your okay. Thanks for checking in. Good heart healthy food, rest and keep passive range of motion up.

Ororeef @ 18:47

Posted by Samb @ 19:16 on October 30, 2019  

Welcome Home!  Looking forward to see you active posting again.


Posted by ipso facto @ 19:16 on October 30, 2019  

Hey good to see you!

Just want to say Hi to all

Posted by Ororeef @ 18:47 on October 30, 2019  

as I recoup from 3 x bypass open heart   surgery  ..

Looks like XAU and HUI both finished at HOD or TT (high of day or top tic)

Posted by silverngold @ 16:23 on October 30, 2019  

Buygold sorry meant Mr Copper was busy with a grandkid.

Posted by goldielocks @ 15:43 on October 30, 2019  

I was about 19 and bought it from a friend. Don’t remember what mileage it had on it. I do remember people would turn back the mileage on cars.. crooks.. along with teens practicing or taking one for a joy ride.
Yea it’s too late cuz nothing much changed. You I and other bought American once till it was gone.


Posted by Samb @ 15:37 on October 30, 2019  

The point being that you would normally be quite correct based on prior Fed Gold action. Something quite unusual is going on here, imho.

Well samb

Posted by Buygold @ 15:30 on October 30, 2019  

Im always happy to be wrong about the upside direction of pm’s.

Today is a bit surprising, tomorrow is a new day, and then Friday is unemployment report day. So we’ll see what happens.

silver & gold spot prices, hui

Posted by treefrog @ 15:15 on October 30, 2019  

green again after slapdown  🙂

Buygold @ 14:32

Posted by Samb @ 14:56 on October 30, 2019  

cepting doesn’t seem like that much of a hit as yet. If that’s all that the Boyzs got then maybe the Bears are in trouble. Strangest ICL attempt that I can recall going all the way back to 2011. September went as it should but all of October $Gold has been locked into a sideways range. Takes an extremely strong Gold market to resist the strong pull of an ICL. The most positive forecasts that I had seen were down in the 1450/1440 range. So far we have gotten off very easy, IMO.

Extraordinary ‘early photographs’ of California’s Gold Rush created using silver-plated copper sheets reveal river miners at work in the 1850s and stunning portraits of prospectors with their tools

Posted by ipso facto @ 14:52 on October 30, 2019  


Feel like

Posted by deer79 @ 14:37 on October 30, 2019  

Bill Murray in Groundhog Day.

Powell speaking

Posted by Buygold @ 14:32 on October 30, 2019  

Here comes the real hit.


Fed cuts rates and is now “Hawkish” – Really?? All that just to keep gold down?

Posted by Buygold @ 14:22 on October 30, 2019  

Data-Dependent Fed Cuts Rates, Drops “Act As Appropriate” Pledge Going Forward

As expected, and priced in, The Fed cut rates 25bps and shifted the wording in the statement to a more hawkish stance

goldielocks @ 13:10 re Inferior 1957 Chevy and Perfect Imported Cars

Posted by Mr.Copper @ 13:39 on October 30, 2019  

The ’57 Chevy is like a tank. Heavy guage high quality steel. Odss favor you bought the Chevy USED, and the clock was turned back a few times between owners, and you got it with 250,000 miles on it. When it showed 50,000, and naturally the suspension was shot, and only God knows what was done to the car.

My friends salesman father traded in a 1960 Olds with 80,000 on in. One night four of us cruising on the main drag spotted the car in the front row. We had lots of memories with that car. We used to borrow it. So we stopped to look at it. salesman comes out thinking we are interested.

He opens the door, one of the guys gets in and sees only 3 miles on the odometer, and comments to the salesman, what the hell is this??? This car has 80,000k miles on it?? Salesman says they rebuilt the whole car. Yeah right. 🙂 🙂

All the Americans that I know that complained about US cars, NEVER bought a new one themselves. So they had to be high mileage cars and needed complains. Then they buy a NEW import with zero miles and brag how happy they are.

I myself DETEST imported cars. I don’t care how great they are. Too much of a negative trade off for our country. The proof is all around us. If they are twice as good, they should cost TWICE as much. If they DON’T?? Then its not fair and they are subsidized in various ways. Currency and foreign car maker has cheaper labor and no medical insurance costs for workers.

Look, nothing matters anymore. Its too late. Bon apatite everybody load up on more imports. The damage has been done. We can’t fall off the floor. 🙂 I may even buy one some day. 🙂

Sorry–stocks just can’t. go. down for longer than. 15 minutes=This is all about the Federal Reserve and hopes that…Powell & Co will print as much liquidity as needed to keep the rally and economic expansion alive.”

Posted by Richard640 @ 13:18 on October 30, 2019  
She is skeptical that the Fed can stave off a recession — even if it continues to cut rates. That’s because of growing signs of weakness in the services sector that powers the US economy.
Which is why DiMartino Booth believes the Fed will pump as much liquidity into the markets as it can to keep the economy and stock market humming along.
“The markets are not happy, they’re euphoric. Despite earnings being on a decline, that is the longest on the postwar era– markets are trading at all time highs,” DiMartino Booth said. “This is all about the Federal Reserve and hopes that…Powell & Co will print as much liquidity as needed to keep the rally and economic expansion alive.”

One more rate cut and then hit the pause button?

But investors should be wary of the stock market’s recent rally, because individual companies’ fundamentals no longer justify their current prices, DiMartino Booth said. Stocks are up mainly on hopes of more help from the Fed,
With sky-high valuations and the Fed unlikely to be able to stave off a recession, DiMartino Booth is not sure the Fed should be lowering rates much further at this point.


Mr Copper

Posted by goldielocks @ 13:10 on October 30, 2019  

One of my first cars a 57 Chevy everyone was trying to buy from me those American cars didn’t seem to handle as well as the foreign cars either. The Chevy sterling would shake if I went past 50 mph on a turn. I suppose your not supposed to be going that fast but those were the times.
In LA I was following a big truck and the ass turned at the last minute because a car broke down on the fwy at night not giving me much time to react when he pulled out at the last second and there it was. To make it worse not only had to swerve around the car but two people a man and woman who stepped in the next lane over because that truck got so close so had to jump two lanes in a second or hit them. I had bought a German car and handled well next to the cement on the side of the FWy off the lane they were in. That truck took off going a 90 mph.
Where’s a cop when you need them.
If I was still in the Chevy I don’t think it would of handled that well although they have improved since then.

I had a Ford Econo for camping and it didn’t have stabilizers and in wind they were hard to manage on the Fwy plus when passing big trucks it would pull it toward the truck. Maybe I should of drive close behind them and saved gas just let it pull me lol
Yeah I do agree about the sheet metal and now fiber glass.

DB had horrific earnings–down 6.2%–

Posted by Richard640 @ 13:08 on October 30, 2019  


UBS Warns: “If History Were A Perfect Guide…Stocks Would Be In A World of trouble Here”

Posted by Richard640 @ 13:03 on October 30, 2019  
Bloomberg data shows 3Q19 S&P 500 company profits will likely expand by 1% to zero, which is significantly below the 3.3% forecast from last month. Estimates for 4Q19 are moving lower, could be below zero by year-end. 
Trahan also suggests the Fed might be less inclined to prop up the stock market as it slams interest rates lower to act as a countercyclical buffer against a faltering economy. He warned that interest rates moving lower would also mean more depressed equity prices. He ended the piece by saying the upcoming earnings contraction is likely to kick off the next bear market.
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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.