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

also from midas–this ain’t good-izzit?

Posted by Richard640 @ 10:14 on July 30, 2014  

On top of market-moving news, analysts have also pointed out the high level of long position holdings for precious metals in the latest CFTC data, warning that the upside may run into a ceiling soon.

According to the latest CFTC data, the speculative position in precious metals is high, with gold, silver and platinum all having net speculative length as a percentage of open interest close to the highest level seen this year, or well above the five-year average level.

“While the futures market is likely to drive the metal price only in the short term, it does indicate to us that, given the large speculative long position already present in these metals, their prices are likely to struggle to regain upward momentum,” said analyst Walter de Wet from Standard Bank.

From Midas last nite-[Bill Murphy]-sorry i ain’t learned to post charts

Posted by Richard640 @ 10:10 on July 30, 2014  

*Rocket Rich…

Bollinger Bands on Weekly Gold Pinching in like Scarborough Crab Claws!

Looks like there’s a sizeable move rolling down the pipe in the next month or so,..

Have marked on Gold Chart the results the last 5 times the BB were pinching in, and note this time they’re about as tight as ever!..

Posted by ipso facto @ 9:50 on July 30, 2014  

American Intelligence Officers Who Battled the Soviet Union for Decades Slam the Flimsy “Intelligence” Against Russia

George Washington’s pictureSubmitted by George Washington on 07/29/2014 17:17 -0400

Preface: With the shoot-down of Malaysia Airlines Flight 17 over Ukraine turning a local civil war into a U.S. confrontation with Russia, former high-level U.S. intelligence veterans released a statement today urging President Obama to release what evidence he has about the tragedy and silence the exaggeration and rush to judgment. (The whole post is a must-read; but we at Washington’s Blog have added bolding for emphasis.)

Signatory Bill Binney – the former senior technical director at the NSA, and a man who battled the Soviet Union for decades – tells Washington’s Blog:

In my analytic efforts to predict intentions and capabilities down through the years, I always made sure that I had multi-factors verifying what I was asserting. So far, I don’t see that discipline here in this administration or the IC [i.e. the United States intelligence community].

Posted with permission of Veteran Intelligence Professionals for Sanity.

MEMORANDUM FOR: The President

FROM: Veteran Intelligence Professionals for Sanity (VIPS)

SUBJECT: Intelligence on Shoot-Down of Malaysian Plane

Executive Summary

U.S.–Russian intensions are building in a precarious way over Ukraine, and we are far from certain that your advisers fully appreciate the danger of escalation. The New York Times and other media outlets are treating sensitive issues in dispute as flat-fact, taking their cue from U.S. government sources.

Twelve days after the shoot-down of Malaysian Airlines Flight 17, your administration still has issued no coordinated intelligence assessment summarizing what evidence exists to determine who was responsible – much less to convincingly support repeated claims that the plane was downed by a Russian-supplied missile in the hands of Ukrainian separatists.

Your administration has not provided any satellite imagery showing that the separatists had such weaponry, and there are several other “dogs that have not barked.” Washington’s credibility, and your own, will continue to erode, should you be unwilling – or unable – to present more tangible evidence behind administration claims. In what follows, we put this in the perspective of former intelligence professionals with a cumulative total of 260 years in various parts of U.S. intelligence:

We, the undersigned former intelligence officers want to share with you our concern about the evidence adduced so far to blame Russia for the July 17 downing of Malaysian Airlines Flight 17. We are retired from government service and none of us is on the payroll of CNN, Fox News, or any other outlet. We intend this memorandum to provide a fresh, different perspective.

As veteran intelligence analysts accustomed to waiting, except in emergency circumstances, for conclusive information before rushing to judgment, we believe that the charges against Russia should be rooted in solid, far more convincing evidence. And that goes in spades with respect to inflammatory incidents like the shoot-down of an airliner. We are also troubled by the amateurish manner in which fuzzy and flimsy evidence has been served up – some it via “social media.”

As intelligence professionals we are embarrassed by the unprofessional use of partial intelligence information. As Americans, we find ourselves hoping that, if you indeed have more conclusive evidence, you will find a way to make it public without further delay. In charging Russia with being directly or indirectly responsible, Secretary of State John Kerry has been particularly definitive. Not so the evidence. His statements seem premature and bear earmarks of an attempt to “poison the jury pool.”

cont. http://www.zerohedge.com/news/2014-07-29/senior-us-intelligence-officers-obama-should-release-ukraine-evidence

What’s next?

Posted by ipso facto @ 9:36 on July 30, 2014  

Homeland Security Agents Raid Home to Seize Land Rover For Violation of EPA Regulations

http://www.infowars.com/homeland-security-agents-raid-home-to-seize-land-rover-for-violation-of-epa-regulations/

Gold Train – Vertigo

Posted by Maya @ 9:34 on July 30, 2014  

Well the market has it’s ups & downs, and so does our Gold Train.  So how do you get mine products from the high Atacama Desert of Chile down the west face of the Andes to the ocean ports?  VERY carefully!
http://www.railpictures.net/viewphoto.php?id=491670
(I see Wanka turning a froggy shade of green looking at this) 🙂

Portugeezer

Posted by ipso facto @ 9:21 on July 30, 2014  

“nostalgia for Obama.”

Now that’s one time or place I’d rather not live in!

Floridagold – yep

Posted by Buygold @ 9:10 on July 30, 2014  

Probably nothing happens until the Fed yaps.

I see they’ve dripped the metals right back to negative. The standard 10 am EST drubbing as happens nearly every day. I guess considering the recent strength in the USD we should be happy we’re not down a lot more.

Good morning Oasis

Posted by ipso facto @ 9:08 on July 30, 2014  

Centerra Gold Reports Second Quarter Results

http://finance.yahoo.com/news/centerra-gold-reports-second-quarter-213000247.html

Newmont says plans to build gold mine in Suriname

http://finance.yahoo.com/news/newmont-says-plans-build-gold-225201378.html

Detour Gold Reports Second Quarter 2014 Results

http://finance.yahoo.com/news/detour-gold-reports-second-quarter-233514620.html

Newmont second-quarter earnings rise marginally

http://finance.yahoo.com/news/newmont-second-quarter-earnings-rise-234321046.html

Newmont raises 2014 gold production outlook

http://finance.yahoo.com/news/newmont-raises-2014-gold-production-003321415.html

OceanaGold announces results for second quarter 2014

http://finance.yahoo.com/news/oceanagold-announces-results-second-quarter-073000988.html

Klondex Mines’ Karen Vein at Fire Creek Yields 7,300 Tons Containing 6,700 Au Ounces from 2nd Quarter Bulk Sampling

http://finance.yahoo.com/news/klondex-mines-karen-vein-fire-103000395.html

Excellon Reports Second Quarter 2014 Financial Results

http://finance.yahoo.com/news/excellon-reports-second-quarter-2014-110000392.html

Inside look at today’s FED meeting

Posted by commish @ 8:53 on July 30, 2014  

ffab157f

Floridagold

Posted by Buygold @ 8:50 on July 30, 2014  

but lo and behold someone just did some flash short covering in the metals. Who could know?

Can it continue?

floridagold

Posted by Buygold @ 8:46 on July 30, 2014  

EXACTLY!

2nd quarter GDP soars

Posted by Buygold @ 8:35 on July 30, 2014  

4.0%. Incredible!

and the hits just keep coming.

Coffee’s on

Posted by MadMike @ 5:03 on July 30, 2014  

This is my coffee mug

Armstrong vs Trader MC theories

Posted by goldielocks @ 4:28 on July 30, 2014  

One thing is agreed, it’s not a question of IF but WHEN.

Two different point of views.
One Armstrong just posted he’s waiting until the end of the month to determine direction ” de ja vous pour moi,” but suggests golds decline could extended out until September 2015 which would make it four years from the high of September 2011.
That this could be a false Rally.

Gold & the False Rally

Another point of view from Elliott wave charting by trader MC, believes we are in a extended wave V going back from 1970.
If so it would then pause or invert in timing.

http://goldsilverworlds.com/category-technicals/gold-price-projection-based-on-elliott-wave-since-1970/

these look pretty darn close from one another.

http://tradermc.com/articles/gold-elliott-wave-projection-since-1970/

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