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

“…The only thing I would insist on adding is the words “PRESENT and” just before the word “previous” in your post. ”

Not to be disagreeable, however, the present illegal pres didn’t steal the country’s gold because there was none left when he ascended the throne.  Nor would I describe him as “criminal” due to the fact that he is way beyond that…he is a terrorist and potential murderer because of his open border policies and because he willfully encouraged illegal third-world diseased illiterate people by the thousands to enter our country to the detriment and at the expense of the American public.  For these reasons, I respectfully disagree with you.

The ten year bond swung 15% in one day last week. That would be like gold going down $285 in one day! I thought bonds were safe havens!!!

while having supper with an old freind, i mentioned that in my recent vacation trip (rambling from north florida to utah and return) i had seen a lot of vacant retail space.  once i was a mile or so from an interstate, half to three quarters of the stores were shuttered.  he had just returned from a trip to north dakota, and he said he had seen about the same thing.  further, he said that much of the retail space that is still occupied is downscaled – former grocery stores are now indoor flea markets or thrift shops etc.

economic recovery?  at ground level in mid america, not so much.

Hi Moggy, yes I agree almost totally. The only thing I would insist on adding is the words “PRESENT and” just before the word “previous” in your post. Thanks for responding.  Silverngold

Why do you think this company (BAM) is going to be superior to PM shares to hold in the future?

After six months, Nigeria reaches a deal over abducted schoolgirls

Nigeria’s government has reached a deal with Islamic militant group Boko Haram for a cease-fire and the release of around 200 girls kidnapped six months ago from a school in the northeast town of Chibok, the defence chief said on Friday.

“I wish to inform this audience that a ceasefire agreement has been concluded,” Marshal Alex Badeh said in a statement after three days of talks with the militant group that has wreaked havoc in the northeast of Africa’s biggest oil producer.

A presidency source said the agreement stretched to the girls, who were abducted from a secondary school in Chibok near the Cameroon border in April, sparking a worldwide outcry.

The girls have remained in captivity ever since, although police and a parent of some of the missing students said last month one of the girls had been released.

Boko Haram, whose name roughly translates as ‘Western education is sinful’, has killed thousands of people in a five-year insurgency aimed at creating an Islamic caliphate in the vast scrubland of Nigeria’s impoverished northeast.

A senior Nigerian security source confirmed the existence of talks, but said it remained unclear whether Abuja was negotiating with self-proclaimed movement leader Abubakar Shekau, or another faction within the group.

“Commitment among parts of Boko Haram and the military does appear to be genuine. It is worth taking seriously,” the security source told Reuters.

http://i100.independent.co.uk/article/after-six-months-nigeria-reaches-a-deal-over-abducted-schoolgirls–x1dVtUTNIg

Four construction workers burned to death by Chinese villagers over land development

http://www.independent.co.uk/news/world/asia/four-construction-workers-burned-to-death-by-chinese-villagers-over-land-development-9799820.html

Good answer!

iFormulating a plan;

if PMs manage some sort of come back, I plan to be out of ’em all except phyz by PDAC 2015

FNV is one of my favourite golds, but it has to go too. Where to invest? I have my eye on BAM, especially if it drops a bit more after this kitty-cat bounce.

Over 3 years, BAM has mostly straight-lined 68% growth.

FNV has been roller-coastering 45+%

both yield about 1.4% dividend.

http://stockcharts.com/h-sc/ui?s=BAM&p=W&b=5&g=0&id=p09341604112

 who isn’t a doctor.

To me, this is like the government claiming that the grass is now blue and the sky is now green and everyone had better comply with this belief or suffer serious consequences. 

http://www.tfmetalsreport.com/blog/6237/religious-liberty-under-assault-name-transgender-bathroom-access-houston

You said:  “OK, here’s a question I don’t know the answer to: If I buy a government treasury bond or bill for, say, $100………….. and the government suddenly devalues its currency from $1.00  to, say, .50 cents,………… how much will my government treasury bond or bill be worth after the devaluation??

It would be as worthless as the currency…the only worth would derive from being paid in gold or silver…which you won’t be because the wealth of the country has been stolen by previous presidents and their fellow criminals.

Thanks, there is some meat in your answer. Would the same apply to a T Bond?? Having never been interested in them, but seeing what appears to be a drive to push people out of the markets and into them or cash, I wanted to know if there could be another robbery about to take place in the form of a dollar reset. Much appreciated.     Silverngold

You buy a $1000 T Bill. Your wife stashes $1000 under the mattress. Dollar gets devalued by 50% then you both lost half of your old purchasing power.

Ps This is no longer the 1930s and the dollar is not backed by gold so just debasing or increasing the currency can’t happen overnight unless we have some event. So they print to debase currently or raise interest rates to gain. Their digital currency will cause all sorts of destabilization with currency. That will probably cause a move to tangibles and possibly barter. DVDs were trades for apts in Russia during one of their currency upsets. I don’t think the people of any country trust the politicians with money or controlling currency. Your basing your assumptions it will happen in that way when we need to consider many routes they can take. In any event the event will be used to save the day to move to digital so best chance is finding out and heading off that event,  best chance is take the power to do so off the table. They made their bed we shouldn’t have to sleep in it.

That’s what affect it just might be, indirect. I can see one scenario when the dollar falling and in a effort to prop it up they raise the rates. But the dollar for now has been rising so really too busy at this point to figure out how they are going to pull off rising interest rates at the moment.

Thanks, and I agree with your indirect effect on bonds, but still don’t know what the immediate DIRECT effect on them would be.

Anyway, we all know what the BEST answer is. A hint is that it was in Wanka’s post. ;o)

Silverngold

That’s why we can’t let them get away with it amongst other reasons. If a EMP hits even satellites will go and thus any security. They would wish then we did have guns.

I was just trying to paint a picture easy to follow, and I agree completely with your statement….. but I’m still not getting any solid answers to my question. I guess we just have to wait and see!!

Come on guys and gals, if I can ask a stupid question, somebody should be able to give me a stupid answer….eh??? :o)

Bonds I think what will happen is when the time comes the bonds will be devalued from interest rates rising and in anticipation everything may begin to fall. It may start as a reaction to something. Bonds won’t be safe even if their value is pat ” if something should occur over night” because interest rates will destroy their value.

That’s about what I come up with too. LOL!!! There ain’t no place to hide!!

Goldielocks, as they did in (I think) New Jersey, the govt paid $1000 reward to anyone who turned in a neighbor who owned or possessed an “illegal” weapon. If “they” create a digital currency they will create a law similar to the above to turn in anyone using the barter system outside the digital currency. Again, there ain’t no place to hide!!   :o(

Silverngold

Yeah but they want to make everthing digital and expect a different result.

fear G*d and keep her commandments….[chuckle! snort!]

We can’t all be Warren Buffett-no wonder he wears rose colored glasses and loves Edith Piaff=La Vie En Rose”

Up is down. Good is bad. lies are truth. Right is wrong…..

So who are we supposed to believe since we know that all those mentioned use one of the above tactics to profit off us small investors?? And if the big shots and commercials are all selling, and the retail investor has already sold, who is keeping the markets afloat and what are they putting their money into?? Cash??….. They said not to put it into Municipal Bonds…….Hmmmmm….. where else is there to put it???….maybe gold and silver????? Naw!! useless worthless relics. Oh, I missed an open gate. I see they did not discourage anyone from investing in Government bonds. That must be the SMART place to put the money. Government Bonds.

OK, here’s a question I don’t know the answer to: If I buy a government treasury bond or bill for, say, $100………….. and the government suddenly devalues its currency from $1.00  to, say, .50 cents,………… how much will my government treasury bond or bill be worth after the devaluation??

This is a serious question!! Anyone care to enlighten me?? Would appreciate it. Thanks!!  Silverngold

Well it looks like market recovered from it’s recovery zone. Will be watching to see what’s next or futile attempt.

Silverngold Politians and kings have been forever trying to manipulate the currency in their favor. When money was gold and silver they basically did the same thing by taking it away or decreasing it’s amount to things like copper steel nickel. That caused immediate inflation because the value of the money declined while they could print more of the devalued currency. Even Ron Paul wanted a one world currency but backed by gold assuming it would stabilize the dollar and slow the printing press.

They will use one excuse after another maybe not one world currency but all digital currency so they can track and control everyone’s money while doing whatever they want to the value of that currency which basically goes against the constitution. What we need is if any honest politicians to override their ability to control people’s money anyway they want. If not this digital currency scheme will be a disaster to all with a scheme like this and reduce people to alternative barter systems from days past.