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

Flirting with resistance again. Seems the fed couldn’t get them through yet. Tomorrow could be pivotal .

rno

Ya might say PM stocks are cheap relative to the current Dec Crimex gold contract-conclusion:

A. Time to buy PM stocks?

B. They can go much lower?

C. You tell me….

Anybody that passes laws behind closed doors at night, no public input has to go. He’s probably a Bloomberg lackey too. Anybody that says to a tax paying citizen…..

“You can have only allowed a 10 round magazine, and you can only put 7 rounds in the 10 round mag”, is a very immature person. Somewhat vengeful. Disrespectful too. Gun owners are a group of people, that do not deserve prejudice.

Perhaps they need to pass legislation, like they did for blacks, woman, gays, minorities, immigrants etc. Go against them and its a hate crime and big trouble. Gun owners need protection from hate mongers.

Hello Bill,
As you know I’ve been with you for many, many years – through the ups and disappointedly, the downs. I’ve enjoyed the PM enthusiasm and analysis of you and your contributors. However, The one big miscalculation that I think you, me and the others have made (and continue to make) is in failing to fully recognize the limitless, unrelenting power and control that the central banks, on-the-take monster banks, wall street, the regulating system(?), and congress, (the cabal elite) have over the market system. I have finally reached the conclusion that they can keep this thing going for about as long as they want to, in spite of our meager protestations to the contrary. I don’t know about you, but I don’t have that long. Their leftist greed already has destroyed our nation and culture, even as it continues to get worse.

I am now net negative to when I began investing in PM in 2000. It’s clear I have not been a good investor (gambler) who has continued to bet on the wrong horse for all of the right reasons. Having gone this far, I know of no escape from my financial wipe out that lurks on the near horizon. Surely selling my PM stocks this late in the game would be foolish; however, continuing to watch them crash daily without recovery of any kind is a recipe for yet further disaster. It is quite a conundrum. I, probably like others am beyond the point of no return. I’ve held on tightly to this point, but feel like a fool to continue, as I must.

I’m further disappointed to hear that our spokespersons at the NO Investment Conference could not take advantage of the situation with Greenspan when they certainly had the opportunity to nail him. Apparently we as a group are as inept as our other “leaders”. I have lost confidence that anyone from our camp knows how to deal with the cabal forces, formidable as they are.

When/where will it change? I’ve heard “the bottom is in” for at least two,years now. Life’s a beach, ain’t it?
JS

Hello JS,
Three points to make…

*We have underestimated the degree to which The Gold Cartel would go to bury the gold and silver prices … the extent to which they would use derivatives and central bank supply to suppress the prices.

*The last 3 to 3 ½ years have been wearing on everyone in the industry and most of all those invested in the shares. I don’t know anyone who isn’t disgusted with the mess. However, it is what it is, with nothing yet in sight that tells us a lasting trending change is at hand. At the same time, the big picture is more bullish than ever … with the odds of gold taking out $2,000 and silver heading for $100+ very high. The move will commence when The Gold Cartel hits the physical market wall and is forced to retreat. As for the timing, all we can do is watch for clues that we are there. The first one for me will be to see silver close a couple of times above $17.60.

Another factor to keep in mind, and why many of us hang in there, is that the next move up is likely to be violent and come out of nowhere. Many who are not onboard will find it difficult to pay up to get back in. There will be many who are waiting for a big dip which never comes. The momentum investors will jump in and clean up.

*As for the Greenspan mess, you can lead a horse to water, but can’t make him drink. All Gary Alexander had to do was read the question CP gave him. How complicated is that? As is, we set up everything with our presentations to the conference attendees. What else could we do?
Bill

Very cool, thanks for sharing. My bet is the guy is NOT a goldbug. Wrong color!! I get the feeling he is being very careful with that flight but very innovative anyway. LOL!!!

it has been awhile. Almost time to

buymore

I am thinking about breaking out the good stuff – still better wait until the money is in the bank – eh?

aurum

http://www.youtube.com/watch?v=nAUDESVimXQ

Winedoc 🙂

The long grain bet that I posted has worked exceptionally well.

I am thinking I should not be greedy.  So I will sell most/all of my long corn and bean positions and finally retire for good.  That bet has done well for Barney and I and we should have no money worries in the future.

aurum

Winedoc

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Will be interesting to see if the SM can hold a bid for the next few days and how they manipulate the jobs report next week. I still think QE will be reenacted but they’ll need a reason.

As for the miners, they are a life ruining investment.

As for Larry Edelson, Id’ like to see a 7.62 x .39 blow thru his forehead.

I’ll drink to that  ………

Kitco:

1 oz Silver Canadian Maple Leaf
Product details
CAD $ 22.49 ea.

ScotiaMocatta:

Silver Canada Maple Leaf Coin (1 oz)CAD Estimate:$23.90

“She’s a Beauty”

Winedoc

Yamana Gold Announces Third Quarter 2014 Results

http://finance.yahoo.com/news/yamana-gold-announces-third-quarter-202000498.html

in 2011 Armstrong when gold was setting around 1300,, Armstrong and even old Rambus were calling for 1000 gold… next stop was 1900 .. but I am sure they are now right with their models … sometime the forgetful line of past blown calls is never discussed…. pause ..

Would he be obligated to support everyone? Give everyone a care free hobby filled life? Or would he hire and pay everyone to do stupid things he always wanted see happen.

They want to end the day on a up note.

As I said, why bother with QE when everything is perfect, tks to the Rig.

With mass production, all the computerized robotic production equipment, massive motor vehicles for mining and farming, ATM machines, self check out, etc etc etc, the entire world population COULD be having a lot more time off for pleasure. Writing books, inventing new products, or works of art.

The early pyramid building like WW I, and WW II, Korea, Vietnam, moon landing, space shuttle etc created too much unneeded wasted materials and wasted man hours. We could all be living a lot cheaper without all the taxes (man hours) required to do stupid things.

What good was going to the moon? Or WW II? Massive millions of people being led by the nose by small groups of very powerful special interests “pharaohs”. The pharaohs need to be buried. 🙂

stupidity these days…better off giving them $50K a few times and tell them to go have fun and learn something in your own business.

Student debt in the United States totals more than $1.1 trillion, having expanded by $855
billion in the past 10 years. The rate of serious delinquency on student loans has averaged
more than 11.25 percent over the past two years. Student loans are receiving increased attention
from borrowers, lenders and policymakers as concerns mount over students’ heavier debt loads
and their potential inability to repay.
So how do current student debt levels and delinquency rates, as well as trends over the past
decade, compare to other major consumer lending categories? Should borrowers, lenders and
policymakers be alarmed? And what are some possible consequences to younger borrowers?
Changing Trends of Consumer Debt
Chart 1 shows the rapid growth in student debt since 2003, surpassing the overall size of the
credit card lending market and the auto lending market. Near the beginning of 2003, there
was $688 billion in credit card debt, $641 billion in auto loans and just $241 billion in student
loans. Since then, student loans have increased at a compound annual growth rate of nearly
15 percent—more than three times faster than for auto loans. Credit card lending—which
increased prior to the Great Recession and then receded—is currently lower than its balance
in 2003. As of June 2014, credit card debt stood at $669 billion, auto lending at $905 billion and
student debt at $1.1 trillion. Read more and see charts

commentary, U.S. financial mkts are heaven on earth-the best of all possible worlds–why, heck, int rates are low-no inflation-low unemployment–low energy–great earnings…etc

Shock and awe=ANV=1.73 -.45(20.64%) 3:27PM EDT – Nasdaq Real Time Price eom

but yet the Fed holds all the purse strings. Messed up. Pure madness

So QE ends and what changes in the mkts ….nothing …the Algo’s just keep on ruleing all mkts. Bonds thought of a rally and were hit imediately, PM’s were hit even before and then smashed on the news,  oil has been knocked back well off it’s hi’s and the SM briefly did what it should have done, ie sell off, but was quickly bid straight back.

So now the Fed has total mkt control, why bother with QE, just let the Algo’s run everything and all will be well.

Ps just to show how mad this is getting, the Hui is on tgt for 9 weeks down……….!!!!!!!!!!!

PPs…as I typed this post the SM sniffed the lows again…..now 20 farcical mins later it is fully recovered.

WASHINGTON (MarketWatch) — The Federal Reserve won’t be able to exit from its accommodative monetary policy without some turmoil in financial markets, former U.S. central bank chairman Alan Greenspan said Wednesday on the eve of an interest-rate decision.

During an appearance at the Council of Foreign Relations in New York, Greenspan was asked if the Fed could engineer an exit without sparking a crisis.

Greenspan said he didn’t like the word “crisis” but that “turmoil” was a good substitute.

Then he replied, “I don’t think it is possible.”

Interest rates have been kept near zero since December 2008. Fed members say they expect to raise interest rates next year.

Also see: Here is when Fed officials see liftoff in interest rates

The former Fed chairman declined to say when the Fed should hike short-term interest rates.

The Fed on Wednesday is expected to announce it will stop buying bonds. Greenspan said that the Fed’s quantitative easing has failed in one of its goals to spur demand.

Inflation is “dead in the water” because effective demand is “dead in the water,” he said.

But quantitative easing has been a “terrific success” in getting the real rate of return on long-term assets down, boosting all income-earning assets.

“It hasn’t been a success in the demand side,” he said, because banks are simply parking the reserves at the central bank.

“They just let it sit. Unless or until that happens, you don’t galvanize economic activity,” he said.

“When that starts, all things can happen – and not all of them are good,” he said.

Greenspan said monetary policy is in uncharted territory. He said he was worried the “real pressure” will come when the markets demand higher rates from the Fed to keep reserve balances where they are, he said.

The former Fed chairman said he still has doubts about the viability of the euro. He said that without full political integration in Europe, the euro zone would break up.

There is a very high level of uncertainty holding back the U.S. economy, Greenspan said.

He said that concern about tax policy is a large part of the uncertainty and also the rate of entitlement spending.