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

LOL I think he has shrinkage of the brain! 🙂

Just friggin amazing the trouble they went to, to pull off that staged event. A whole “gun control industry” has sprung up around it, worth millions and of course paid for by tax-payers. So why all the intrigue and effort to push for gun control. Hmmmmm! Amazing how brazen and in your face this is.

sent by Big Chief Potch-in-the–Tuchas

The HUI’s puttin on some steam now…but will it drag up the comex futures? Up a big 5 pts off the low and green for 1.32 pts

http://www.marketwatch.com/investing/index/hui?countrycode=xx

Sometimes I wish I could just passively accept what my government monarchs and their mainstream media mouthpieces feed me on a daily basis. Why do I have to question everything I’m told? Life would be much simpler and I could concentrate on more important things like the size of Kim Kardashian’s ass, why the Honey Boo Boo show was canceled, the Victoria Secret Fashion Show, whether I’ll get a better deal on Chinese slave labor produced crap on Black Thanksgiving, Black Friday, or Cyber Monday, fantasy football league standings, the latest NFL player to knockout their woman and get reinstated, Obama’s latest racial healing plan, which Clinton or Bush will be our next figurehead president, or the latest fake rape story from Rolling Stone. The willfully ignorant masses, dumbed down by government education, lured into obesity by corporate toxic packaged sludge disguised as food products, manipulated, controlled and molded by an unseen governing class of rich men, and kept docile through never ending corporate media propaganda, are nothing but pawns to the arrogant sociopathic pricks pulling the wires in this corporate fascist empire of debt.

http://www.tfmetalsreport.com/blog/6442/guest-post-should-you-believe-what-they-tell-you-or-what-you-see-jim-quinn

“Flash! This just came in over the wires!”

Is that like the “telegraph?” I prefer the Pony Express myself. 🙂

Just kiddin friend.

It’ll be time to mortgage the kids, the dog and parrot, and go all in!

They will have to show their hand pretty soon. The US economy is a Potemkin Village erected by Greenspan, Bernanke and Fisher. The architect, the moneylenders of Goldman Sachs. The lumpen proletariat are the last hired and the first fired. The black swan is soaked in $50 oil. “Only the strong survive” saith the TEMPTATIONS”,

Loss of Control: The Current Financial Bubble is Busting?

Many who will read this work have been sitting patiently waiting for the house of cards to collapse. For me personally, I confess the current maniacal financial bubble has gone on much longer than I ever imagined. What did we miss? Are we wrong or just early? In my opinion, we were early, mathematically correct yet the “rules” changed. For my part, I can say that I missed just how much “leverage” could be used to extend the game. In the current instance, we are not even talking about garden variety leverage. We live in a world where leverage is leveraged, leveraged again and again and again. We have personal, public, and “private” (OTC) leverage. The garden variety leverage is bad enough as is sovereign leverage, but the real problem are derivatives piled on top of derivatives with collateral which in many cases no longer even exists. Too much leverage in the past has always led to burst bubbles. All bubbles eventually burst …and it looks like this one is bursting now.

While I originally thought about talking of Venezuela and Ukraine today, and making a comparison and wondering which one will bankrupt first, it dawned on me …the current bubble is busting right now! From a big picture standpoint, the Fed was forced to stop QE because they were taking too much collateral from the system. The baton was then passed to Japan because the Germans said “nien” to the ECB. QE3 started in Sept. 2012 …which is exactly the point in time where the world of asset valuations was turned further upside down. Call these last two years the “last gasp” or whatever you’d like, the world does not have the ability to reflate any further and in fact, the “bubble of all bubbles” looks to be deflating piece by piece, let me explain this.

Oil is arguably the most important commodity on the planet from a financial standpoint. Oil has collapsed in price by over 40% in less than 3 months. There are many repercussions from this, oil exporting nations are watching as their coffers run dry and the economic activity from lower prices means lower individual employment. From a financial standpoint the oil derivatives outstanding have already killed someone (we just don’t know who yet) and the “underpinning” of the dollar has been weakened. My last point needs an explanation. The dollar is otherwise known as the “petrodollar” because petro revenues have been for years recycled back into dollar assets, lower oil revenues means lower recycling. This action had already begun while oil was still over $100 per barrel as less demand for dollar assets was evident. Now, on top of less “willingness” on the part of petroleum exporters to recycle, they have less (or none) to recycle. No problem because the Fed will just monetize you say? Think again!

Look what is currently happening. The reflation of the reflation of U.S. real estate is failing. Oil has deflated 40%+++. High yield credit is in an outright crash and already at record “wides” to Treasuries. The euro and yen have deflated drastically …even against gold. The Chinese stock market dropped over 5% last night, this is like a 900 point drop in the Dow. They changed their “collateral rules” and now only AAA and AA credits can be used as collateral. While speaking of China, let’s not forget their shadow banking system which has basically now been frozen solid. Commodities across the board have been hammered lower while growth rates across the globe (except of course the U.S. as we lie about every economic report) have either slowed drastically or turned negative. The “reflation” is clearly failing! There is no way around it, we are watching a credit contraction unfold.

more http://www.globalresearch.ca/loss-of-control-the-current-financial-bubble-is-busting/5419202

http://www.marketwatch.com/investing/index/hui?countrycode=xx

Go figure.

RENO (Mineweb) –

More and more applications for silver are being invented, discovered, and, importantly, commercialized, said a new report from the Silver Institute and CRU Consulting, stoking the growth potential from several of the most important industrial silver applications.

Total industrial silver demand is forecast to reach nearly 680 million ounces annually by 2018, according to the “Glistening Particles of Industrial Silver” report scheduled for public release Wednesday morning.

Half of this growth will occur in the electrical and electronics sector, but additional demand will be due to growth in the use of silver in batteries, Ethylene Oxide (EO) in the chemical sector, anti-bacterial uses of silver, the automotive industry, silver coated bearings, and the brazing alloys/solders sector.

“Over the past decade, physical silver demand has seen strong growth, of which industrial demand for silver, has contributed the largest share,” said CRU. Loss from the photography sector have been offset by increasing demand from other sectors as well as new applications, such as silver-zinc batteries, clothing and hygiene.

more http://www.mineweb.com/mineweb/content/en/mineweb-silver-news?oid=262166&sn=Detail

You ruined my keyboard! Thanks a lot buddy!

The SM must be levitated at all costs. PM’s must not ever be viewed as a viable alternative. The beat goes on.

BTW – the Russian CB raised interest rates 1% overnight. Rates are now above 10%. If Vlad intends to play the bankster economic game, he will surely lose and destroy Russia’s economy.

Greek PM warns of return to crisis days, January elections

(Reuters) – Greek Prime Minister Antonis Samaras appealed to lawmakers to elect a head of state to avert a national election next month and what he called a “catastrophic” return to a crisis that nearly sent Greece crashing out of the euro.

Samaras, who has gambled by bringing the presidential vote forward to this month, is stepping up rhetoric against the main leftist opposition Syriza party in a bid to convince lawmakers to back his candidate and avoid early elections.

Syriza, which has said it will tear up an EU/IMF bailout keeping Greece afloat, is expected to win if a national vote is held.

more http://www.reuters.com/article/2014/12/11/us-greece-vote-pm-idUSKBN0JP1BX20141211?feedType=RSS&feedName=worldNews

Some big gaps to fill on GLD/SLV etc….they tend to get filled, but if it all reverses tdy then the PPT will look very stupid and sentiment will evapourate……maybe they over played their hand.

What is giveing the lie to all this “Great Economy/Recovery bull” is the low tax receipts and lousy Oil demand, same in the UK. Our borrowings are way up from where they shud be, if the economy was anywhere near what they claim.

Still lieing is just a way of life to this lot.

Cheers.

my guess is 400 plus….

The dealers better get in some massive Coke supplies, as demand is gonna go thru the roof and the hookers had better call their mums for help.

The data was fantastic November retail sales, up 0.7%, led by “cheap loan” auto sales. Jobless claims fell 3K.

We knew they’d hit pm’s when they tanked the shares yesterday, so no real surprise.

I think we may have a shot at rallying back as the day wears on, silver doesn’t look too bad, but we’ll see.

Which was why retail sales caused the the “Everything is perfect move”……but if that is the case why did they hit oil as soon as it thought of rallying.

No Sir no manipulation here, none at all, now move on please.

but you just knew they would perfect for the Scum/PPT and sure enough that happenned !!!!!

All mkts moved in their direction as soon as the figs were announced…and so the charade of Free mkts limps on.

Elliott Wave Charts Point to Shocking Countertrend for Gold & Big Drop for stocks: Steven Hochberg

JT Long of The Gold Report (12/10/14)

It’s not just surfers who scrutinize wave patterns. Steven Hochberg, chief market analyst at Elliott Wave International, uses the Wave Principle to predict the movements of commodities and the stock market based on a number of factors, including sentiment. In this interview with The Gold Report, he reads the waves and sees indications that the stock market is headed for a downtrend, while commodities will move up, although not in a direct line.

We’re trying to take a more pragmatic approach, a tactical approach based on what the waves tell us. For example, sentiment, which is a big part of the gold sector, had gotten very extreme. Several days before gold hit its all-time high in September 2011, the Daily Sentiment Index, put out by trade-futures.com, moved to a record high of 96% on a five-day average. That means virtually all the traders thought gold was going higher. To us, this extreme ebullience was consistent with a high. Fast forward to today, the Daily Sentiment Index of traders had fallen to a record low of 5%. That was significant.
TGR: On Nov. 11, you issued an interim report that said for the first time in three years your charts were indicating that a significant countertrend rally was at hand. What are the Elliott Waves telling you?

SH: That was a countertrend rally specific to gold—a fascinating market that we have followed and will continue to follow closely.

Gold topped out in September 2011 at a $1,921/ounce ($1,921/oz) spot price and has declined pretty persistently until now. It went sideways in late 2013 into early 2014, but the Elliott Wave pattern that we were following suggested gold would go down again, and it has.

We’ve been forecasting these waves of optimism and pessimism as they’ve been unfolding to the downside in gold. For the first time in three years, we were able to count a complete declining Elliott Wave pattern from gold’s 2011 high. That’s why we issued a combined interim report from our two main newsletters, The Elliott Wave Theorist, written by Robert Prechter, and The Elliott Wave Financial Forecast, which I write with my partner, Peter Kendall. This was only the second combined interim report that we’ve put out in our history. We did it because we saw extremes in sentiment that suggested to us the start of an impending gold rally. I think that rally is in its very infancy right now. Ultimately, it’s going to carry gold higher. I think gold has upside potential from here.

TGR: You talk about the importance of sentiment in your analysis, but different parts of the investing market act differently. What is the role of small traders versus goldbugs and institutions in both bear and bull rallies? Who turns first?

SH: That’s a good question, and it’s interchangeable.

We here at Elliott Wave International are goldbugs because we believe that gold—as it has been for centuries—is true money.

In the context of our report, which came out two trading days after gold’s recent low, we were referencing goldbugs as investors who were never going to turn bearish on gold; people who were forecasting $5,000/oz, $10,000/oz gold. Eventually, we’ll probably get there, but nothing is straight up. ]FOR THE REST GO TO THIS LINK]

http://www.theaureport.com/pub/na/16398

you missed it. The email servers may be based in Iceland. Yes there may be no snoops looking while you are composing the email, but eventually need to press send. AND THEN…..well they just read your email on the intranet. See that was easy.

youtube is trying its best to pull this video but activists keep posting it whack a mole style.

http://youtu.be/gLhsRxl5Ecs