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

Turkey won’t send troops to fight Isis because they both are Sunni Muslims ..Typical two faced  loyalty’s from the Mid East….Turkey wants assurances that Us will not support  Kurdish Kurdistan in Turkey…Well there’s the Solution..We need to support the KURDS both in IRAQ and Turkey.If Turkey won’t fight against ISIS then F–K them they are not OUR ally !  Who is looking out for American Interests. Stupid is as Stupid does.  We need to tell the so called moderate Sunni to put up or Shut up .

Don’t think US is going to put boots on your ground while your Religion makes a fool of America and Turkish troops lay back and let Stupid America send its boys to die for so called “Moderate Sunni” ,whats so “moderate” about that lunacy.? This is nothing but WORD processing by the DEMS to call Turkey “moderate” when they refuse to fight ISIS!

Its a NATO Problem and Turkey is part of NATO  Its put up or shut up time for Turkey and NATO  ….Turkey and NATO do the job or WE ARM the KURDS and re write our alliances and support who our real friends are,besides Kurds have plenty oil in IRAQ ..Its time for a NEW ALLIANCE  .WE should support a KURD takeover of TURKEY and its a whole new Ball GAME with US on a winning side for a change !

You new at this? Haha

http://www.mojvideo.com/video-prince-when-doves-cry/63806cee6342494500af

GDX 21 million share block at the close. Unbelievable volume in GDX and GDXJ as R640 mentioned. Who knows what tomorrow will bring? They’ll probably try to hit us.

AS FOR TRADER DAN:

http://beforeitsnews.com/alternative/2014/10/reporter-spills-the-beans-and-admits-all-the-news-is-fake-video-3040904.html

MOSCOW — The Russian Parliament on Wednesday took the first major step to authorize the Kremlin to seize foreign assets and use them to compensate individuals and businesses in Russia that are being hurt by Western sanctions over the Ukraine crisis.

The law stands to arm the government of President Vladimir V. Putin with a remarkable weapon of retribution, effectively allowing the government to compensate the very insider businessmen and other elite figures who Western leaders hoped would convince the Russian leader to reverse his course in Ukraine.

The sanctions imposed by the United States, the European Union and others in varying phases since March had been intended to bring Russia to heel. While the full parameters of the legislation are unclear, Western corporations hold billions of dollars worth of assets in the energy-rich country.

Under the law, courts could seize foreign-owned property in Russia to top off the budget after these outlays, according to the draft, which was approved on the first of three readings. For a bill to become law in Russia, it must pass the lower chamber of Parliament three times and the upper chamber, the Federation Council, once. Then it must be signed by the president.

Early discussions of the rule precipitated a stock sell-off late last month.

more http://www.nytimes.com/2014/10/09/business/russian-parliament-moves-closer-to-adopting-law-on-compensation-for-sanctions.html?_r=0

Don’t start getting any ideas Wanka! 🙂

GDX up on 79 mill shares v.s. 27 mills daily avg

GDXJ up on 28 mill v.s 8 mill

what is so interesting is the HUi took out the Dec 2013 bottom then reversed–from Murph tonight

What a move! Technically it doesn’t get much prettier as…

*A double bottom was taken out, taking out all support.
*A new low was made today.
*And then the HUI makes a stunning key reversal on the day by blowing through yesterday’s high, rising close to 10% off its low of the day in the process.

This just has to have some legs to it…but keep in mind that in bear mkts there can be some really scary rallies like today–they look like the real McCoy–with huge volume–and scare the crap outa the bears–which straightens out the overly bearish sentiment-I don’t think that today was such an event…but just saying…

Baytex Energy Corp (BTE) (BTE.TO)

Long ago set a target of $35 not thinking it would ever get there, but it arrived today.

Already own 300 shares, so not in a hurry to add more, although it’s quite tempting.

Monthly dividend C$0.24 yields over 7%

Point & Figure price objective is $25

http://stockcharts.com/freecharts/gallery.html?BTE

DYODD

Baytex Energy Corp is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Williston Basin in the United States.

http://web.tmxmoney.com/quote.php?qm_symbol=BTE:US

http://www.theglobeandmail.com/news/politics/rcmp-investigating-dozens-of-suspected-extremists-who-returned-to-canada/article20991206/

and when I got up I was not only rested ,but a lot more richer ..hehe , sometimes you need to stop working so hard and just take a nap when you can’t control everything ! .Let the Force be with you ! Never give up !  The Blood Moon was a Turning point  ..The Moon controls Silver,The Sun ..Gold !  I bought back into SLW a few weeks back I wish I had more cash ,Id buy some FNV..its a Beast  !  The Royalties are like a Bank that loans money at $4.00 and gets paid back at market price for Silver  ..at $20 silver  its like making 500 % on the Loan ….Think about that ..thats how I view the Royalties…not as Mines !,but Banks !

And in complete disregard to hemp and its abilities to sequester co2 many more times then a forest. We’re going to surprise them with a grassroots efforts in Colorado with hemp soon

The solution for me was to use the Iced Tea Control Panel and just keep lowering the Security level in stages until you get to where it works ,yet maintain the Maximum Security possible on your system .

Kinross Reports Temporary Suspension of Mill at Round Mountain Mine

http://finance.yahoo.com/news/kinross-reports-temporary-suspension-mill-210000172.html

A day to remember and a super looking candlestick as well! 🙂

http://stockcharts.com/h-sc/ui?s=$HUI&p=D&b=5&g=0&id=p11163691930

as I write…lets see if most of this gets reversed…I got a feeling it won’t this time….

FOMC Minutes Chasing Gold Bears out

Take a look at the 30 minute chart of gold. Note the huge volume spike coming on the heels of the FOMC minutes.

It is quite evident that the Fed is chasing the gold bears out of the gold market. I have maintained for some time now and am on record as stating that I believed and still believe that the Fed might actually come around to the point where they would welcome a higher gold price. Not a soaring gold price mind you, but one that is firmer.

Why is that? Simple – because the Fed, and this Fed in particular, is terrified of deflation. They really do believe that they can control inflation but that they are powerless to stop deflation. Their weapon of choice to fight deflation has been QE but that has not worked or perhaps a bit more kindly, has proven to have been ineffective at generating an inflation rate of 2% or more.

This is why I have continued to take exception to those who see every single move lower in the gold price as part of a sinister plan on the part of the monetary authorities to discredit it. Let’s just ask a simple question and think about this:

What would have happened to gold had the Fed said that it was pleased to see the stronger Dollar and not concerned at all about a disinflationary wave moving around the global and threatening to swamp the global economy? Answer – gold would have been obliterated and the Dollar would have soared.

Question? Did the Fed say this? Answer- No, they did not. They said the exact opposite. And what happened? Answer – gold shot higher. Is it not obvious to any open-minded person that if the Fed were currently at war with gold, that they would not clearly understand in advance what a set of minutes such as were released today would do to the gold price? Of course they do. They are not stupid people. They can read price charts and see trends as good as the rest of us technicians.

The facts are that the Fed WANTS INFLATION and right now it cannot seem to get it. A falling gold price threatens to send that signal very clearly. So does a soaring Dollar.

What to do therefore? Why just talk down the Dollar. That is what they are trying to do with this latest release of their minutes. Will it work? I doubt it; mainly because by comparison, even if the Fed is not in a hurry to raise rates, the US economy looks great compared to Eurozone and Japan.

Also, the Fed’s policy stance on interest rates is HEAVILY DATA DEPENDENT. What this means is that as we move forward in time, each successive batch of economic news about the US economy is going to be closely scrutinized to see whether or not it will be of sufficient strength to force the hand of the Fed on the interest rate front.

What happens if we get another jobs report that the market (rightly or wrongly) interprets as very strong? Just remember what happened last Friday to the Dollar when that jobs data hit and came in higher than most in the market were anticipating. The Dollar shot vertical and gold dropped vertical.

The more things change, the more they seem to remain the same, at least as far as these goofy markets are concerned any more. Once again we are right back to where we always seem to end up and that is to watching economic data and playing a guessing game with our illustrious Federal Reserve official of: “Will they or Will they Not” raise interest rates.

Sigh! Is this anyway to run an economy … my oh my has this nation declined.

Here is a chart of the gold market ( short term 30 minute). Note the scare given the gold bears by the Fed. Also note that we have a temporary bottom on this chart near $1205 and a temporary top near and extending from $1220-$1225. Those are the parameters that we are now dealing with as traders.

Upside breach of the resistance sets up gold for a pop towards $1240. Downside breach sets it up for a test of $1200 and then lower once more. Buyers have clearly been at work today near $1205 but sellers appear to be trying to make a stand near $1220.

Short term indicators are positive.

Also, the huge rally in the gold shares CANNOT be ignored. Gold bears be careful right now.

can purse their lips and move the markets ..

the algos are just machines with little breath nozzels that suck on the lips of the gang

huff and puff we can blow your house away

Boy can you imagine how the people must feel that couldn’t handle that decline and sold out yesterday and the day before? Like the story earlier mentioned, eventually there are no sellers left with anything to sell.

I guess the eggheads have never heard of trees!

rno

I just roiled in from the rifle range, and I see lots of extremely green PMs. Even the regular Dow stuff is up. Whats the story??

Physicist Peter Eisenberger had expected colleagues to react to his idea with skepticism. He was claiming, after all, to have invented a machine that could clean the atmosphere of its excess carbon dioxide, making the gas into fuel or storing it underground. And the Columbia University scientist was aware that naming his two-year-old startup Global Thermostat hadn’t exactly been an exercise in humility.

But the reception in the spring of 2009 had been even more dismissive than he had expected. First, he spoke to a special committee convened by the American Physical Society to review possible ways of reducing carbon dioxide in the atmosphere through so-called air capture, which means, essentially, scrubbing it from the sky. They listened politely to his presentation but barely asked any questions. A few weeks later he spoke at the U.S. Department of Energy’s National Energy Technology Laboratory in West Virginia to a similarly skeptical audience. Eisenberger explained that his lab’s research involves chemicals called amines that are already used to capture concentrated carbon dioxide emitted from fossil-fuel power plants. This same amine-based technology, he said, also showed potential for the far more difficult and ambitious task of capturing the gas from the open air, where carbon dioxide is found at concentrations of 400 parts per million. That’s up to 300 times more diffuse than in power plant smokestacks. But Eisenberger argued that he had a simple design for achieving the feat in a cost-effective way, in part because of the way he would recycle the amines. “That didn’t even register,” he recalls. “I felt a lot of people were pissing on me.”

he next day, however, a manager from the lab called him excitedly. The DOE scientists had realized that amine samples sitting around the lab had been bonding with carbon dioxide at room temperature—a fact they hadn’t much appreciated until then. It meant that Eisenberger’s approach to air capture was at least “feasible,” says one of the DOE lab’s chemists, Mac Gray. Read more