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

Be nice to see a moonshot for a change.

is on the move!

“The job news is increasingly good: 321,000 jobs created in November. Yet the national economic mood remains grimly bleak.

Many Americans feel a sharp distinction between what’s said about “the” economy and what they experience in “their” economy. At the top of the income distribution, wages are rising. In the middle and bottom, wages stagnate. Jobs are created, yes—but native-born Americans are not hired for them.

Last month, the Center for Immigration Studies released its latest jobs study. CIS, a research organization that tends to favor tight immigration policies, found that even now, almost seven years after the collapse of Lehman Brothers, 1.5 million fewer native-born Americans are working than in November 2007, the peak of the prior economic cycle. Balancing the 1.5 million fewer native-born Americans at work, there are 2 million more immigrants—legal and illegal—working in the United States today than in November 2007. All the net new jobs created since November 2007 have gone to immigrants. Meanwhile, millions of native-born Americans, especially men, have abandoned the job market altogether. The percentage of men aged 25 to 54 who are working or looking for work has dropped to the lowest point in recorded history.”

http://www.theatlantic.com/business/archive/2015/01/does-immigration-harm-working-americans/384060/

snip

In fact, the deformation of capital markets caused by implied Central bank “puts,” yielding “front-running” of “QE to infinity” the world round, caused European sovereign yields to hit a new all-time low on the day’s first trading day – including, for the first time ever, negative yields on the German five-year bond. And this, as the Euro crashed below the 2012 “whatever it takes” low like a hot knife through butter, to its lowest level since 2005! Worse yet, that was before Saturday’s news that, as the Miles Franklin Blog predicted, Greece’s “anti-austerity” Syriza party intends to overtly default on the majority of Greece’s €400 billion of debt. Which is probably why Greek CDS’ are now predicting a 66% chance of this cataclysmic event; which, we might add, I long ago claimed to be my #1 “potential catalyst” of said “big one.”

http://blog.milesfranklin.com/

Bad News Is Good Again

Tyler Durden’s pictureSubmitted by Tyler Durden on 01/06/2015 10:27 -0500

Unlike yesterday – where bad news was bad news – today terrible macro data news is awesome news… Thanks to a liftathon in USDJPY breaking back over 119.00, the S&P has ripped 10 points since ISM, PMI, Factory Orders data disappointed.

looking very good here. Stocks showing some nice spunk….

what could possibly account for the simultaneous buying in stocks and selling in gold on no news

Non-believers are A ass!

The SM was just about to roll over…there was an economic report at 10am–but the mkt didn’t respond to that–so the stick save out of nowhere can only be intervention–let’s see what PMs do…they  simultaneously started to pull back

We are actually seeing follow thru-I am wondering if we are starting one of those moves–which we used to have-but not seen for 3 yrs–where gold is UP say…22 out of 25 days…and tacks on $200-$300….?

Of course, if gold wants to shoot up to $2000 by St patricks Day…then be my guest!

World financial markets are like a pie crust stretch across the roof of a volcano!

Very good points you brought up my friend. I’m impressed with your “Ponderosa” and how you have it ready for anything. I have a friend in Boca near the ocean and he also is all ready for a storm.

Big propane tank under ground with generator, and windows that can handle a flying 2X4.

considering this Dollar chart.

US uses ISIS card after Iraq nation building suffered Shiite majority, the Baghdad Parliament becoming unmanageable therefore required the Langley second card of hired hidden mercenaries to capture oil fields and to steal central bank funds while maintaining a high pitched fear level (beheadings on television fully orchestrated, the proof being zero blood spurts from the neck area in doctored films)

US pretends to push Ruble currency down and USDollar up, when the USD is dying a horrible death from lost control, fractured platforms, and knee-jerk reactions toward safe haven, as the Petro-Dollar has been quietly dismantled without fanfare

US tells of Russians selling Gold reserves to manage Ruble pain, while the Kremlin acquires Gold from energy trade payments and spends its toxic USTreasury Bonds held in reserves (the exact opposite)
US debt rating agencies cut Russian debt to junk, while the USGovt suspended the debt limit and runs up debt past the $18 trillion mark, never to be repaid, and while the USGovt debt is supported by QE bond monetization and confiscation of Japanese Govt pension funds (prompting attention on which nation is busted broke and barren, namely the accuser)

US talks of BRICS as crippled nations destined to falter, when they are strong, with ample resources, not much debt, ample cheap labor, improved education, and utterly huge reserves (like over 65% of global reserve wealth)

Regarding a 3.5% mortgage? It sure does sound cheap, but if the property value drops by 5%, the low rate ends up to be a real 8.5%. In other words, the property has to go up by 3.5% a year.

But then again it does not matter if someone needs a house loan and its like a car loan. You pay the interest and accept the falling value of the car.

If houses revert back to a consumer product, that would be another reversal of the past, when houses (instead of gold) used as savings accounts.

Japan to widen hunt for methane hydrate

TOKYO — Japan will step up its search for methane hydrate in fiscal 2015, expanding both seabed and drilling surveys toward a goal of commercializing the energy source as early as 2023.

Seabed exploration will be carried out in two more areas near Hokkaido, raising the total to eight. And samples will be drilled for in more than 10 locations within the Sea of Japan, including areas off the country’s central and western regions.

The government included methane hydrate development in an economic stimulus package approved by the cabinet Dec. 27. It will select specific areas for extraction and plans to allocate just under 2 billion yen ($16.4 million) to the effort in the fiscal 2014 supplementary budget.

Methane hydrate, often called flammable ice, can be found both near the surface of the ocean floor and buried deeper down. The Ministry of Economy, Trade and Industry successfully extracted the latter type in the Pacific Ocean off Aichi Prefecture in March 2013, but many limiting factors remain in terms of technology and cost.

The ministry has announced that it successfully obtained samples Dec. 25 from three locations near the surface of the Sea of Japan’s floor. This type of methane hydrate is expected to be cheaper to extract than that deeper down

http://asia.nikkei.com/Tech-Science/Tech/Japan-to-widen-hunt-for-methane-hydrate

It sure is interesting looking at all the distortions TPTB have created to keep the GAME going. The Dopey/Dollar has been going straight up while interest rates are falling, as bonds keep rising.

Gold doing good with a higher dollar is also strange. One of the TWO are lying. Or reality is taking hold gradually. One ounce of Gold SHOULD have a lot more purchasing power than $1200 chump change dollars.

Maybe that second “eye wall” or meltdown II is getting close and it hits the economy. I always felt the actions TPTB took to halt the 2008 meltdown were a temporary fix. They never addressed the actual problems.

USD Straight Up:
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w1

Bonds, straight up is DOWN for rates:
http://finviz.com/futures_charts.ashx?t=BONDS&p=w1

Happy New Year!  It’s nice to be missed.  I am here nearly every day.

Praying for change, praying that it is not too painful, and praying that I survive it unscathed.  Wondering if I will live to see a new dawn, or if the sun will set for many years.

This is my “go to” website, “numero uno”, “top of the list”.  Actually, it is the only website I visit regularly, except for email and to see if I have anything left in Scottrade.  Most important news is presented here — financial, political, health, etc. Then I sometimes visit the sites that I learn about here.

Sorry to bore you — but you asked me to sound off. 🙂

International Tower Hill Mines Announces Progress on Livengood Gold Project Optimization and Establishes Work Plans for 2015

http://finance.yahoo.com/news/international-tower-hill-mines-announces-130000850.html

Nevada Sunrise Announces 2015 Exploration Program at Kinsley Mountain, Nevada

http://finance.yahoo.com/news/nevada-sunrise-announces-2015-exploration-130200915.html

Not exactly signifying a strong economy.

Gundlach says 1.31% to be tested. I believe him.

re Joe Cocker

can highly recomend both the last CD Fire it Up and the DVD of Fire it Up Live, filmed in Cologne in Apr 2013….DVD is superb.

What do you mean shell shocked from the drive lol  did you take the coast or 5 through it? Oregon reminds me of a time lapse compared to Calif some good some bad. Lots of green but lots of rain and winters are strange. Been there when it snowed hailed and rained all in the same day and was snowed in for three days in Astoria. After living or visiting in Wisconsin I thought I saw it all but never got snowed in before and power out due to felled trees in a blizzard. That was in late 60s. In 90s saw houses people just left maybe from property taxes or jobs don’t know in Bend. Good place to pick up supplies no tax or wasn’t then just property I think. PM supplies I mean.

That cattle catcher has ment written all over it…

DJmm is giving me flashbacks of late night radio… 1972- NYC- “Allison Steele, The Night Bird” on WNEW-FM. I was in the Army in NJ, listening…
DJ Request line: Moody Blues…. something from “Days of Future Past”.

And while we’re reminiscing, a tip of the hat to Ment’s old Dumpster… The Dumpster Train… “The Galloping Goose”
http://www.railpictures.net/viewphoto.php?id=505705

Should I miss some more?

Let’s hear y’all…Alex, Aspengold, aufever, (the witch), Dusty, Floater, Golden Maples, greensea, warren, all them downunder folks: Ozi, ferret, Lifeboat, GT1.

Margaret can’t keep y’all from swirling the drain the wrong way.

Even larryc needs to put in an Aye aye if he finds Farmboy.

I was in Bend OR last week and was so shellshocked from the drive I forgot to look for Bill Arris aka goldballoon in the phone book. My Bad.