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

Sotloff was Israeli agent, his execution staged: Analyst

Posted by newtogold @ 23:54 on September 13, 2014  


Go Gators !

Posted by Farmboy @ 21:22 on September 13, 2014  

Hey Floridagold, us Dawgs got our butts kicked. We left about 20 points just laying on the field today. Happy to loan em to the Gators if you can use em.  🙂


Punching up the Gator game on the radio. Good luck in second half.


Ororeef @ 19:40 Thank You For The Charts !

Posted by Farmboy @ 21:20 on September 13, 2014  

And congrats on the successful trade. Tip of the hat to anyone that can take a few chips off these poker tables.

Enjoy the remainder of your evening, Best, Farmboy

Farmboy 9:22 asked about $BDI,heres some additional

Posted by Ororeef @ 19:40 on September 13, 2014  

$BDI index Guggenheim Shipping ETF $SHX marine Ship Index

Floridagold s Chart shows a topping being put in.,While my RENKO charts show its about to turn down as RENKO  are a little slower to change trend as thats what they are designed to do.I have included Guggenheim shipping index and $SEA shipping index which have both already headed down.

A Few weeks ago I pointed out they all were headed up as I Track most of the Greek Shipping Companies such as Diana (DSX,DRYS,   etc.Now they are all headed down

I made a couple hundred and bailed out ,I have a very short frame of mind right now!


Posted by Buygold @ 19:29 on September 13, 2014  

Well, I guess we’ll have to see if SGE is a true physical market. If the crime syndicate from the US gets ahold of it and convinces them to issue more paper in lieu of real metal then I suppose we are screwed.

Hard to believe Sinclair would be on the board of the SGE if that were the case.

Hell, I have no clue but I’m sick of the CME and US banksters corrupting our markets.

goldielocks @ 18:28 Quit Flirting With Wanka & Mad Mike…

Posted by Farmboy @ 19:14 on September 13, 2014  

I’m getting jealous ! Besides their both married.   Oh wait, I guess what I hear from women is true, ” All the good ones are taken.”

And what happened to my plan ? I thought all the good ones died young ? Figure I would have all the women to myself my now. Oh, the best laid plans of mice and men….


Hey, how you feel about second best? Ever kiss a frog??

Farmfrog  ( yeah, I know, I’m incorrigible ) 🙂

Posted by goldielocks @ 19:10 on September 13, 2014  

Rep. Darrell Issa (R-Calif.) says the Justice Department, led by Attorney General Eric Holder, has been caught trying to disrupt the GOP investigation into the IRS. (AP Photo/Susan Walsh)


Veteran refused service by a Muslim

Posted by goldielocks @ 19:04 on September 13, 2014  


Armstrong today on war.

Posted by goldielocks @ 18:32 on September 13, 2014  

According to reliable sources, the primary reason I have been for backing off of war is because this is by no means going to be some TV CNN special where you watch things be blown up on TV as if it were a surreal movie or video game. First, Russia has intercontinental nuclear capability but it also has battle-field tactical nuclear weapons that would be used if their troops were truly going to lose. Secondly, China will support Russia and has already come out and taken their position against the arrogant posturing of the United States. Thirdly, there are sleeper cells within the United States that will take out power-grids and poison water supply. Cut the power and the USA will fall into chaos in a matter of days. In part, this is why Homeland Security has bought more than 1700 tanks for domestic use and it is also the thinking behind 1033 and the militarization of the police domestically. Either way, be it sovereign default on pensions and social programs that are inevitable or a domestic attack that takes out power-grids and poisons the water supply, troops are here to react. Homeland Security has been staging military drills taking various cities without notice to local politicians.

The stupid warlike Republicans who want to attack ISIS had better think twice before going down this road. If America puts boots on the ground, we will be drawn deeper and deeper into a war that nobody is going to win.

On the evening of Monday, August 18, 2014 the US Army commenced military exercises in Minneapolis and St. Paul, Minnesota. MH-60 variant Black Hawk helicopters buzzed through the downtown and residential areas of the two Midwestern cities as reported by CBS local news. This shocking event was actually a repeat of August 2012 exercises we previously reported. The U.S. Special Operations Command conducted exercises until the beginning of September along with police from Minneapolis and St. Paul using helicopters, including Black Hawks.

The ominous exercises, which took place over three days between the Department of Defense and the Department of Homeland Security in close collaboration with the local police who have been militarized, is part of a campaign to prepare for civil unrest but this can unfold from economic situations or caused by internal attacks at the hands of sleeper cells intent upon unleashing chaos within the USA. Moving to electronic currency will help eliminate bank runs during such a crisis in addition to ensuring the government gets every penny of tax. Yet moving to electronic currency will also raise the potential to shut down the US economy entirely by taking out power-grids.

The next war is not going to be just a media event we watch on CNN and say WOW! Get’em. This time it will not be a video game. If we do not temper the arrogance of Washington, these nut-jobs will bring the war home this time and it will not be a video game version.


Posted by goldielocks @ 18:28 on September 13, 2014  

Put mad mike on photoreceptors albums. That way he can say he was cute once.


Posted by goldielocks @ 18:16 on September 13, 2014  

No disrespect for Larry but do you take his predictions seriously? Permabull has only one safe place in the world of physical. Anything else is technical.

floridagold i have come to the serious conclusion

Posted by WANKA @ 17:52 on September 13, 2014  

that the piglosie is truly ‘insane’ not just a ding-bat or a dip-sh*t or even a loose screw or a dim bulb or a whacky bimbo but a truly unequivical genuine ‘insane’ person! gads i’m truly blessed not to have her as a neighbor anywhere in the entire state of florida. obnobe2  wj

The only charting I trust.

Posted by commish @ 17:32 on September 13, 2014  

download (15)

gold in a drip fall

Posted by ment17 @ 17:04 on September 13, 2014  

all the charts and TA   objective looks at gold show a bias to  downside ..

kind of a bummer in this the sept strong month for gold move up  .. as it goes the other way

perhaps those shorts will need to cover but now they just ride the precious metals market lower ..

sucks lol

A great article by Adam Hamilton=heavy-pm-shorting-bullish

Posted by Richard640 @ 15:53 on September 13, 2014  

Already having a heavily-bearish bias and forced by leverage to be short-sighted, American speculators jump on every opportunity to sell gold futures. And that is exactly what happened to gold and therefore silver over the past month or so. Gold would droop for a couple days, futures traders would rationalize that as confirmation of their bearish theses, so they would sell more gold futures and amplify its decline.

This creates a vicious cycle. And in the absence of normal levels of gold investment demand thanks to the Fed’s artificial stock-market levitation, there isn’t enough offsetting physical buying. So futures selling dominates the gold price, and it slumps towards lows. The funny thing is these extreme bets against gold by such sophisticated traders always prove wrong, as gold rallies right at their peak bearishness!

This first chart looks at American speculators’ total long and short positions in gold futures, which are reported each week in the CFTC’s famous Commitments of Traders reports. On top of these collective bets the gold price is overlaid, as seen through the lens of the flagship SPDR Gold Shares ETF (GLD) that stock traders prefer. The worst time to be bearish on gold is when futures speculators force it near lows.


And that’s exactly what’s going on today. Around $1250 gold isn’t far above its June 2013 low of $1199, its December 2013 low of $1190, and its June 2014 low of $1244. Seeing gold and therefore GLD shares heading towards the bottom of their 15-month consolidation trading range makes investors and speculators very nervous and bearish about gold’s prospects. It feels like gold is ready to fall off a cliff.

At times like this, nearly everyone is bearish except the hardcore contrarians. We humans have a natural tendency to extrapolate our present conditions out into infinity. We want to assume that trends in force today are going to persist indefinitely. This dangerous assumption is why the vast majority of traders lose money in the markets. They succumb to the herd groupthink and popular emotion near extremes.

That fails because the markets are forever cyclical. Once everyone is bearish, the selling has already happened and a reversal is imminent because only buyers remain. So it is foolish to sell low in the midst of extreme popular bearishness. Yet since nearly everyone wants to feel accepted by their peers, to believe markets move in the same direction forever, bearish calls abound right as prices are actually bottoming.

The elite and highly-respected Goldman Sachs is a prime example of this, reiterating its 15-month-old (and wrong) forecast that gold will fall to $1050 by the end of this year. Each time gold nears the lower support of its bottoming consolidation trading range, this high-profile bearish call gets much attention. But Goldman Sachs, along with all of Wall Street, is merely a weathervane extrapolating current trends.

Back in August 2011 when gold was skyrocketing and a few contrarians like me were warning that it was way overbought and due for a serious correction, Goldman Sachs was wildly bullish on gold. It came out with report after report upping its gold price targets over all time horizons. It declared that a year later, gold would be around $1860. But a year after that euphoria, gold had slid down near $1600!

Goldman Sachs is bullish on gold or stocks or anything when they are high and topping, the exact wrong time to be. And it is bearish on gold when it is low and bottoming, the smart time to be bullish. As a herd, American futures speculators are the same way. They are weathervanes that reflect prevailing sentiment, with no desire to fight the crowd to buy low and sell high. This is crystal-clear in this chart.

Note that the blue GLD-share price has a strong and nearly perfect inverse correlation with the total level of American futures speculators’ gold shorts. Just as this elite group of traders is the most bearish on gold as evidenced by their real-money bets, gold is bottoming and on the verge of a sharp rally. This happened in mid-2013, late 2013, mid-2014, and is almost certainly going to happen again soon here today.

After Q2’13’s epic once-in-a-century gold plunge, American futures speculators were so convinced that gold would spiral lower indefinitely that their bets against it surged to an at-least 14.5-year high. It may have even been an all-time record. But defying these guys, gold soon rallied sharply. Extreme gold-futures shorting is inherently self-limiting, as it sets the stage for massive and frantic short covering.

When everyone thinks gold is doomed to spiral lower forever, everyone who wants to sell gold futures has already done so. Traders with long-side bets who succumbed to the bearish groupthink are already out, and traders with the cojones or hubris to make hyper-leveraged short bets have already laid them in. And with essentially no futures sellers left, that leaves only buyers. So a minor gold rally can quickly explode.

At relatively-conservative-for-futures-traders 20x leverage, a 5% gold move against their bets will erase 100% of their capital risked. And it doesn’t take much at all to spark 1% to 2% up days in gold that will trigger nearly instant 20% to 40% losses for these speculators. A material stock-market down day, a worse-than-expected economic report, some geopolitical flare-up, many things can ignite a sharp gold rally.

And when leveraged futures speculators see 20%, 40%, 60% of their capital risked annihilated in a day or two, they have no choice but to cover. In the futures realm, shorts are covered by buying offsetting longs. So in terms of positive price impact, there is zero difference between adding a new long and buying one to offset and close a short. As speculators buy to cover, the gold-price gains naturally start accelerating.


Thanks a lot, Larry Edelson, for nothing…

Posted by Richard640 @ 15:30 on September 13, 2014  

Have been following self annointed gold guru Larry Edelson the n.o. 1 world gold expert(according to him). June 2013 Golds explosive move higher is so close I can smell it….Today whilst thousands of $ down (self) he has just posted …If 1240 doesnt hold on a weekly closing basis its lights out for gold !!! Thanks a bundle Larry


The Most _________ Administration in History

Posted by Scruffy @ 15:27 on September 13, 2014  



Fill in your own adjective.

WANKA @ 14:28 Yeah, That Buygold Might Be Good For A Lot of Things…

Posted by Farmboy @ 14:52 on September 13, 2014  

but making coffee aint his forte. If he even has an internal coffee clock, I’m pretty sure it runs backwards. 🙂


About time for the Dawgs to play a little football so going to find me a soft spot, kick back, and catch some of the game.


Hold it down on the reef. No making excessive noise, shouting, screaming, jumping up and down, unless the Dawgs score of course.


Catch up with you fellas later, Farmboy

MadMike @ 13:54 Thanks For Solving The Mystery….

Posted by Farmboy @ 14:48 on September 13, 2014  

there I was in the bar, lost in deep thought and contemplating the meaning of life, not to mention the contents of the Meatloaf Surprise the barkeep had just served up. Missed the fact that Superman had swooped in and drank my bottle of Johnny Walker Red. Always wondered how that bottle was emptied so quickly. 🙂


Seems I have been tormented many a year by folks swooping in on me. Some with capes, some with brooms, all with magical super powers. (grin)


Good to see you staying in touch with some of the old gang. Those days made for some good friends.

farmboy and madmike problem was that buygold

Posted by WANKA @ 14:28 on September 13, 2014  

were a seafaring sailor assigned to the desert and it screwed up his internal coffeeclock. thats my story and i’m stickin to it! :mrgreen:

but but but he did learn a great backstroke in sand swimming.  toon2m toon1l  wj


Posted by MadMike @ 13:54 on September 13, 2014  

Thanks, friend.

And you are still my superhero…toon1l

bad day for farmboy


Mad Mike, Thats About The Sorriest Looking Lot….

Posted by Farmboy @ 13:41 on September 13, 2014  

Training Mission….?? Looks more like you fellas just drank the bar dry and trying to hitch a ride on an air taxi home.


Thanks for sharing the smiles. And some good memories…….


Hey, at least you learned how to make coffee. I think they should recycle Buygold. 🙂


Best to you and Ladybug, Farmboy



On a slow Saturday, something from the vault of history:

Posted by MadMike @ 13:21 on September 13, 2014  

Got this recently from an old Army buddy.

MadMike’s squad just before some helo training, circa 1981.

That cocky bugger in the middle, flipping the bird to the photographer, is MadMike.

Oh, how times have changed…

G & S F section

a question

Posted by drb2 @ 12:36 on September 13, 2014  

I would really like to know what China means by this !

I can’t imagine China wants to pay more $$ for gold.  Could it be China that is trying to knock the price down,  so they can get more of what we don’t seem to want?


“The board is China’s bid to deepen its influence over the global gold market, where China is the biggest producer and consumer but sees itself as lacking clout in pricing.

“This is our window to the world,” Shen Gang, the bourse’s deputy chief executive, said at an industry conference on Thursday.”

Buygold – Shanghai exchange

Posted by drb2 @ 12:30 on September 13, 2014  

ha!  looks like you found more info on the exchange, while I was writing my post.

From your post it  looks like the Camel OWNS the tent!      sheesh – what did I expect?

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