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

When will they stop bombing Gold?

Posted by eeos @ 15:07 on October 29, 2014  

only when we have a complete collapse trying to stuff it.  I love how you can buy any old shitey Fed approved stock and make a 10 bagger, but if you’re holding a miner or something PM related you get hammered out of this universe.

Granny Janet declares no more QE drugs for Mr. Market<<<addict of all addicts you know

Posted by eeos @ 15:01 on October 29, 2014  

But don’t chew go buying Gold or Silver or I’ll smash your fingers with this hammer

Oh c’mon Janet and crew

Posted by eeos @ 14:53 on October 29, 2014  

it’s not fair to attack Gold and not Silver too. Drive it into the basement! Let’s see it

Greenspan today=buy gold….Thank you Alan…for nothing…

Posted by Richard640 @ 14:47 on October 29, 2014  

Mr. Greenspan said gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments.
What Greenspan failed to add is that it is thanks to his disastrous policies (subsequently adopted by Bernanke and Yellen) that gold is the “place to put money.”

Mr. Greenspan’s comments to the Council on Foreign Relations came as Fed officials were meeting in Washington, D.C., and expected to announce within hours an end to the bond purchases.

He said the bond-buying program was ultimately a mixed bag. He said that the purchases of Treasury and mortgage-backed securities did help lift asset prices and lower borrowing costs. But it didn’t do much for the real economy.

“Effective demand is dead in the water” and the effort to boost it via bond buying “has not worked,” said Mr. Greenspan. Boosting asset prices, however, has been “a terrific success.”

He observed that history shows central banks can only prick bubbles at great economic cost. “It’s only by bringing the economy down can you burst the bubble,” and that was a step he wasn’t willing to take while helming the Fed, he said.

The question of when officials should begin raising interest rates is “one of those questions I cannot answer,” Mr. Greenspan said.

He also said, “I don’t think it’s possible” for the Fed to end its easy-money policies in a trouble-free manner….

“Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets, so there is no reason to suspect that the actual process of boosting rates would be any different, Mr. Greenspan said.

“I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves,” Mr. Greenspan he said.
And finally – while CNBC’s audience is told what a terrible thing gold is, “The Maestro”, having personally created the financial cataclysm the world finds itself in following a lifetime of belief in fiat, Keynesian ideology and “fixing” one bubble with an even greater and more destructive asset bubble, has suddenly had an epiphany and now has a very different message from the one he preached during his decades as the head of the Fed.

Mr. Greenspan said gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments.
What Greenspan failed to add is that it is thanks to his disastrous policies (subsequently adopted by Bernanke and Yellen) that gold is the “place to put money.”

And now, paging Scott Nations.

 

http://www.zerohedge.com/news/2014-10-29/alan-greenspan-qe-failed-help-economy-unwind-will-be-painful-buy-gold

End of QE III

Posted by commish @ 14:42 on October 29, 2014  

Pope-Elmo-41265

The Sting??

Posted by silverngold @ 14:40 on October 29, 2014  

Whenever I read something like Larry Edelson or many of the other guru’s who start discouraging gold and silver investors and hinting that maybe they they should sell their PM’s and go to cash or buy an ETF to hedge….. I start seeing the movie The Sting. I start thinking that we are being set up to be the patsies when TSHTF!!

Where would you rather have your wealth if/when there is a sudden reset of the US Dollar??

I think I’ll just hold my …….silverngold!!

 

Silverngold

Posted by goldielocks @ 14:38 on October 29, 2014  

I can’t argue dollar having a dead cat bounce ” Larry’s note on dollar” he was kinda late in that realization though. He mentions Europe selling gold but others are buying.

Heres something’s going on were not hearing about in Europe.

Sales to European buyers rose on the belief that a proposal to prohibit the Swiss National Bank from selling any of its gold reserves and a provision that the SNB may have to have a 20% gold backing to the Swiss franc may lead to increased demand both from the Swiss central bank and from other central banks.
http://m.resourceinvestor.com/2014/10/29/silver-bullion-flying-off-the-shelf?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%253A+resourceinvestornews+%2528Resource+Investor%2529

Latest miner

Posted by deer79 @ 14:38 on October 29, 2014  

To get monkey-hammered………..ANV. The only industry where 41% of the float is “short” and it gets annihilated.

Fed chair

Posted by Ororeef @ 14:38 on October 29, 2014  

is wearing her GOLD necklace again  !   Its a signal   for Gold !  I betcha !

She can’t say it ,but nothing stops her from wearing “innocent” jewelry does it.?

Why disease starts in Africa…Its a NO brainer !

Posted by Ororeef @ 14:32 on October 29, 2014  

It seems to have the same pattern as Mad Cow disease….That got started when humans fed less desirable cow parts back to cows as feed ..yeah it worked in theory except for the fact that the healthy cows got sick from eating sick cows because they had the same DNA and were subject to the same diseases.

Now on to Africa where its not uncommon for Africans to eat BUSH MEAT…..Whats wrong with that ? Well we eat deer ,bear,and some eat squirrel and even possum without getting sick ,so why Africa ?

Its quite simple  we are closley related to monkeys,apes where its said that we share 97 % of our DNA …so dosent that also mean that theres a 97 % chance we can be subjected to the same disease that they get ?

Its so close that a small variation in DNA could cross over very easily .Thats how HIV got to humans and it appears the same mechanisn made us subject to Ebola ! Stop eating Monkey meat !  The DNA is too close ! It seems like a NO brainer  to me !  BUTTTT its too late now ,you cant undo the dna crossover .

In the future we can educate Africans and in other parts of the world where they have monkeys not to eat them ….Its too easy to share their diseases…

Granny Janet strikes again

Posted by eeos @ 14:18 on October 29, 2014  

The only complex in the world that the grubberment needs to control. everything’s fixed, granny Janet says so. She also pushed the dollar north of 86. More pain to come. Fight the Fed and learn the hard way. They’re going to keep printing…bury the stats somewhere

Eeos

Posted by goldielocks @ 14:06 on October 29, 2014  

After seeing what they did to the seals in op redwing I was appalled. They didn’t even have a working radio or back up and when it came wasn’t enough and they were killed too. These men died for military incompetence. Personally they should have had someone familiar with mountains and climbing because watching it I seen so many things that could of prevented what happened next and next. They are part of the 99 percent. They are as risk.

Well while they are holding PMs down picked up some historic hand made silver jewlery from Isreal. One kinda reflects that of today jewlery made of a widows mite. A reflection of scribes stealing widows houses for the treasury although so see it as sacrifice of the widow theirs a bigger picture behind it.  While PMs still cheap get things that can tell a story to pass on to their children so they don’t forget. Hopefully by then they won’t think those brave enough who pointed out the corrupt isn’t just a fairy tale.

Will she annouce end of QE III taper?

Posted by commish @ 14:06 on October 29, 2014  

clip_image002_thumb1

Do we repeat last month–a huge spike up? I ask cause gold stocks–not comex gold-are creeping UP as

Posted by Richard640 @ 13:56 on October 29, 2014  

we near the FED decision

Ebola to Rescue Obola

Posted by Ororeef @ 13:49 on October 29, 2014  

The Pres failed to get a War started to distract voters from administration Failed Policies..Putin saw right through that ploy and started a successful European campaign to show how Moderate he was .

Now the Desperation really gets going… Obola wants to bring Ebola here for a REALLY dangerous  distraction that nobody can ignore !   Same ole ,same ole  Psychopathic Politicians willing to gamble with innocent peoples lives to maintain Power and votes.  Its nothing but a dangerous distraction ,he is willing to risk your lives to maintain Power..A Despicable act..

Larry Edelson and what you do not want to hear!!

Posted by silverngold @ 13:41 on October 29, 2014  
Gold: The Ultimate Store of Value?
by Larry Edelson
Dear XXXX,

Larry Edelson

Over the past couple of weeks, gold has managed a meager rally. Yet, despite the rally, gold has already given me a major sell signal.

And another one looms ahead. Ditto for silver.

It concerns me. Why? Because I know there are scores and scores of investors who are getting bad advice in the precious metals that will result in terrible losses.

Look, gold is the ultimate store of value. That is true. And someday, gold will head north of $5,000 an ounce. Silver north of $150.

But if you want to avoid losing money in the precious metals market and instead make the most amount of money you can, you simply must get your timing right.

And just as important, you must have an open mind when investing in gold and silver. You can’t get married to your metal (or any investment for that matter) — as if investing in precious metals was some sort of religion.

Sometimes, gold is money … and sometimes it simply isn’t money. Or even a store of value.

For instance, you have to realize that sometimes, gold is money … and sometimes it simply isn’t money. Or even a store of value.

Right now, gold is not money. Just consider what’s happening in Europe. The wicked and aggressive devaluation of the euro is actually starting to set off a massive stampede out of gold and into cash and other assets.

Why would Europeans dump gold, especially when their currency is being devalued?

It’s simple. The recent sharp decline in the euro caused the price of gold in euros to spike higher, while the dollar price of gold essentially went nowhere. So savvy European investors are cashing in their profits.

Moreover, European investors want liquidity, with a capital L. And holding on to gold is not a liquid situation.

Moving physical gold around isn’t so easy. It takes time and money to move your gold. And even then, you won’t know how safe your gold is, because in the back of your mind there’s always that fear that your gold could be confiscated.

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Internal Sponsorship

The bottom line: While gold is indeed the ultimate long-term store of value against depreciating currencies and especially against failing governments, there are times when forces that are seemingly bullish for gold are actually bearish.

I call it the yin and yang of gold, and for that matter, all markets. There are always two sides to a coin, two sides to a market, two sides to every piece of fundamental news out there.

Knowing which side is prevailing, why and when — are the keys to successful investing. That requires an open mind, no biases, and lots of experience with technical and cyclical analysis.

If this sounds a bit too theoretical or complex in any way, I assure you it’s not.

Mostly, all you have to do is put yourself in the shoes of a European investor right now who owns gold.

You’re seeing your currency be devalued. You’re seeing rising taxes. You’re seeing deflation all around you. You’re seeing European stock markets fall and teeter on the edge of an abyss. You’re seeing massive unemployment.

You also know that your European leaders may confiscate money from your bank account.

You’re also frightened that Putin may soon make another aggressive move toward Ukraine, or worse, toward Estonia, Lithuania or even Poland.

You know you need cash, lots of it. So your decision is simple: Dump your gold, get liquid and get out of Dodge.

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Find out how right here.

External Sponsorship

Then, either pay off some bills that need to be paid (before the euro becomes worth even less) … or get it out of the euro and into another country with a currency that’s at least losing value less quickly.

Or even better, into an investment that has a decent return, decent profit potential, and in a country and a currency in better shape than Europe’s.

Pretty simple to understand, no?

Later, in the not-too-distant future, the same fears of confiscation of wealth, rising taxes, bank failures and more will hit the U.S. and the dollar. At that time you’ll need to move your money yet again.

There won’t be many safe-havens left at that point. So you’ll probably want to go back into gold. The new bull market in gold will then begin.

So you see, none of this is all that hard to understand provided you keep an open mind, question the conventional, and do your own independent thinking.

Right now, I repeat my warnings of the past several weeks …

 Do NOT look to gold and silver for safety right nowDitto for mining shares.

 If you are loaded up with gold and silver and mining shares and don’t want to sell, for whatever reason, then at least consider hedging.

My favorites vehicles for that are ProShares UltraShort Gold ETF (GLL) andProShares UltraShort Silver ETF (ZSL). For mining shares, I recommendDirexion Daily Gold Miners Bear 3x Shares (DUST).

 Stay predominantly in the dollar now. The greenback is in an intermediate-term bull market as the euro is now being aggressively devalued, as is the Japanese yen.

Consider purchasing PowerShares DB US Dollar Index Bullish Fund (UUP) for a speculative long dollar play.

 Buy top-rated U.S. equities. But only on declines. Keep in mind that the Dow is likely to fall further in the short-term, as low as 14,500 — but that long-term it is headed much, much higher.

Best wishes, as always …

Larry

Poor Blacks Getting Pizzed and rightly So!

Posted by Auandag @ 13:10 on October 29, 2014  

no matter what the fed does

Posted by ment17 @ 12:50 on October 29, 2014  

gold down market up.. election is a scant week away .. do not let the crappy state of affairs blind the natural movement of fed induced plunge protection ..

How many secret wars are we fighting? <<<we know these losers are fighting a "secret" war with bugs

Posted by eeos @ 12:02 on October 29, 2014  

Somewhere on this planet an American commando is carrying out a mission. Now, say that 70 times and you’re done… for the day. Without the knowledge of the American public, a secret force within the U.S. military is undertaking operations in a majority of the world’s countries. This new Pentagon power elite is waging a global war whose size and scope has never been revealed, until now.

After a U.S. Navy SEAL put a bullet in Osama bin Laden’s chest and another in his head, one of the most secretive black-ops units in the American military suddenly found its mission in the public spotlight. It was atypical. While it’s well known that U.S. Special Operations forces are deployed in the war zones of Afghanistan and Iraq, and it’s increasingly apparent that such units operate in murkier conflict zones like Yemen andSomalia, the full extent of their worldwide war has remained deeply in the shadows. Read more

More recovery news

Posted by ipso facto @ 11:32 on October 29, 2014  

Mortgage Purchase Applications Plunge To 19-Year Lows

Tyler Durden’s pictureSubmitted by Tyler Durden on 10/29/2014 11:03 -0400

Presented with little comment.. because realistically what is there to say about a so-called ‘housing recovery’ when the volume of applications for home purchases is the lowest since August 1995. Keep believing that lower rates will support home prices… keep believing the Fed’s QE worked… or face facts, this is not your mother’s housing market any more…

Charts http://www.zerohedge.com/news/2014-10-29/mortgage-purchase-applications-plunge-19-year-lows

Here’s a gold mining company that’s making money …………………. selling fraccing sand

Posted by ipso facto @ 11:11 on October 29, 2014  

La Ronge Gold Announces Record Revenue and Frac Sand Sales for CanFrac Sands Corporation During 3Q 2014

I’m still convinced

Posted by eeos @ 10:48 on October 29, 2014  

it’s the government manipulating the PM complex. Surely they’re trying to cover up problems.

Ecuador, Lundin Mining and Fruta del Norte … Good luck, you’ll need it!

Posted by ipso facto @ 10:39 on October 29, 2014  

http://business.financialpost.com/2014/10/24/peter-foster-the-limits-of-ecuadors-shakedown-statism/

Some things ARE more precious than gold!!

Posted by silverngold @ 10:07 on October 29, 2014  

Silver Train

Posted by Maya @ 9:28 on October 29, 2014  

Swiss Alps, and a Silver Train
http://www.railpictures.net/viewphoto.php?id=494712

 

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