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

@ Goldi – perhaps I could have worded it better. I don’t think it is the only thing, but the strength of Federal Reserve Note is certainly a huge part of confidence.

You are right – gold is a symptom, not the cause.   But gold gets attention.   Gold is a very visible alternative to the $FRN – the “Canary in the Coal Mine”.  

If  the $ price of gold were to be rapidly increasing every day, even the braindead would start to worry that something was rotten in the Land of the Free.   and that worry might lead them to look closer for causes and solutions.

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An epiphany? Posted by drb2 @ 22:28 on April 1, 2015

I was thinking about what Armstrong, and others, have said – “Gold won’t rise until confidence in US government falls”.

What if the reality is: “Confidence in the US government won’t fall, as long as the dollar price of gold does not rise”.

Drb2 Posted by goldielocks @ 0:17 on April 2, 2015

Why do you think gold is the only thing that will cause people to lose confidence in the Gov? After all their doing such a good job right? Gold rising is only a symptom of it not the cause.

http://zombietime.com/really_truly_hillary_gallery/

Pakistani defense chief due in Riyadh, airlifts troops for Saudi Yemen war. Aden landings imminent

http://debka.com/article/24498/Pakistani-defense-chief-due-in-Riyadh-airlifts-troops-for-Saudi-Yemen-war-Aden-landings-imminent

Heartily agree. The neocons and banksters have hijacked our country.

Indian jewellery billionaire, Rajesh Mehta, is said to looking for Australian gold assets as several miners are in the process of shedding non-core operations to survive the current squeeze on the industry.

According to Financial Review, the tycoon said his company is ready to spend up to US$700 million on growing its presence Down Under, with mines being the primary focus.

Bangalore-based Rajesh Exports, India’s biggest jewellery maker, is already setting up a subsidiary in Melbourne, which will drive the hunt for stakes in the local gold sector, Mehta said.

Earlier this year, the company announced it would create a new division for offering gold loans. If it goes ahead Rajesh Exports would become the first large jewellery firm to provide bullion-backed loans in India.

Indian billionaire wants to buy Aussie gold mines

http://finance.yahoo.com/news/sandstorm-gold-provides-corporate-131400668.html

The “Revolver Raid” Arrives: A Wave Of Shale Bankruptcies Has Just Been Unleashed

Back in early 2007, just as the first cracks of the bursting housing and credit bubble were becoming visible, one of the primary harbingers of impending doom was banks slowly but surely yanking availability (aka “dry powder”) under secured revolving credit facilities to companies across America. This also was the first snowflake in what would ultimately become the lack of liquidity avalanche that swept away Lehman and AIG and unleashed the biggest bailout of capitalism in history. Back then, analysts had a pet name for banks calling CFOs and telling them “so sorry, but your secured credit availability has been cut by 50%, 75% or worse” – revolver raids.

Well, the infamous revolver raids are back. And unlike 7 years ago when they initially focused on retail companies as a result of the collapse in consumption burdened by trillions in debt, it should come as no surprise this time the sector hit first and foremost is energy, whose “borrowing availability” just went poof as a result of the very much collapse in oil prices.

As Bloomberg reports, “lenders are preparing to cut the credit lines to a group of junk-rated shale oil companies by as much as 30 percent in the coming days, dealing another blow as they struggle with a slump in crude prices, according to people familiar with the matter.

Sabine Oil & Gas Corp. became one of the first companies to warn investors that it faces a cash shortage from a reduced credit line, saying Tuesday that it raises “substantial doubt” about the company’s ability to continue as a going concern

more http://www.zerohedge.com/news/2015-04-02/revolver-raid-arrives-wave-shale-bankruptcies-about-be-unleashed

The Santa Fe Super Chief flies across the New Mexico desert,
bound for Los Angeles.
http://www.railpictures.net/viewphoto.php?id=524347

knock on BG’s head.

Gold 10 day

Barrick Gold must face U.S. lawsuit over mothballed mine

http://finance.yahoo.com/news/barrick-gold-must-face-u-192046671.html

Tahoe Resources And Rio Alto Mining Announce Completion Of Merger

http://finance.yahoo.com/news/tahoe-resources-rio-alto-mining-213900146.html

Kinross Gold says Chile mine operations still down after flooding

http://finance.yahoo.com/news/kinross-gold-says-chile-mine-223057481.html

Reminds me of a fat guy that does too much coke. He’s a crackpot, paranoid and delusional.  He’s just like an other commentator that wants to run his jaw and get paid for it. When’s the last time he reported anything of significance that was found out to be true? FAIL! Anything he reports is guaranteed BS. Stay in Texas Jones,  America doesn’t want you. Too fringe and nothing to back it besides hot air.

…Tennessee.

(snicker!)  🙂

http://www.railpictures.net/viewphoto.php?id=518485

Incredible image of girl, 4, surrendering to photojournalist because she thought camera was a gun

Why do you think gold is the only thing that will cause people to lose confidence in the Gov? After all their doing such a good job right? Gold rising is only a symptom of it not the cause.