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Never mind “to da moon”,
we’re going for the neighboring planets.
http://www.railpictures.net/viewphoto.php?id=536668
Silver Train… to Mars!
Good morning Oasis
Banks Island Gold Ltd. Reports Positive Cash From Operating Activities of $789,000 in the Fourth Quarter
http://finance.yahoo.com/news/banks-island-gold-ltd-reports-031516595.html
Red Eagle Mining Commences Offer to Acquire CB Gold
http://finance.yahoo.com/news/red-eagle-mining-commences-offer-090000233.html
Oban Mining Corporation Enters Into Arrangement Agreements in Respect of its Proposed Acquisition of Eagle Hill Exploration, Ryan Gold, Corona Gold and Temex Resources
http://finance.yahoo.com/news/oban-mining-corporation-enters-arrangement-115500621.html
Columbus Gold Starts Phase III Drill Program on Montagne d’Or Gold Deposit, Paul Isnard Project, French Guiana
http://finance.yahoo.com/news/columbus-gold-starts-phase-iii-130000887.html
Evolving Gold Announces Letter of Intent on Sale of Rattlesnake Hills Property
http://finance.yahoo.com/news/evolving-gold-announces-letter-intent-132158731.html
Tuesday
Good morning all.
IT is a certainty that the system is corrupted and past treason has been allow. Frankly for a very long time!
You know it, there know it, unfortunately the sheep are sensing it but as long as they are feed they will graze on consuming the very last resource available to them from others. This insanity shall unfortunately continue. To reiterate, stop any flock at Wal-Mart and any main street town USA and give them a poll of present global conditions. I rest my case.
Hence ….endeavor to enjoy your time and prepare.
Greece: this is comical at best. Insane but comical Greek theater.
Greece…..You must house me, feed me and cloth me in a “better” fashion then I can provide by my own skills in life…..simplify but comprehensive.
Yesterday’s Train wreck
The SM train and the Dollar train seem to have had a problem today… and on heavy volume, too!
http://www.railpictures.net/viewphoto.php?id=23848
Ask your Bank or Brokerage
what the NET Capital requirement is…then ask by what % do they exceed the required mininum NET Capital Requirement..that tells you how safe your Bank or Broker is relative to the others. If your broker exceeds the minimum by a factor of more than 2 or 3 or 4
they might become a takeover target.I was once with an Alex Brown Broker who exceeded the minimum by a Factor of TEN which was more than excellent but they were taken over by another Bank (Bankers Trust) that needed their cash and they were taken over by UBS (If I recall correctly,its been a long time )..The Holding companies were not subject to the NET Capital Requirements of subsidiaries..Thats how Conglomerates get their Cash requirements down to ZERO leaving them with 100 per cent to gamble with and zero cash on hand to meet any run on deposits or margin demands.That makes all of them (TOO BIG TO FAIL),at least the BIG ones… Is that any way to run a Financial System ?Who would lend to such a Country ? Banks and Brokers with no cash on hand to meet a run or margin demands….One customer defaults bringing down the Broker and the Domino starts……
How SAFE is your Bank ?,Broker? What are their reserves composed of CASH ?,IOU’s, Liquid assets ,Treasuries,Bonds?
Only Cash and Short term Treasuries are Safe ! as was recently demonstrated in Greece when Bonds collapsed Banks had no Cash and short term treasuries was the only thing left and the demand for them drove interest RATES back to ZERO !
There is NO Chance Rates will rise because every CRISIS kills Bonds and creates the only safe HAVEN …SHORT TERM TREASURIES ..(As Long as Gold is Kept in its CAGE ),If not Gold becomes competition for Short Term Treasuries and its a very SMALL Alternative relative to the money supply, making it an Explosive Venture ! …
That my Rant from TEXAS..be back in Virginia in Two Weeks ..My two weeks in San Diego was the Best .I have Family in Both Places..
Let me get this straight…
Greece is suing the EU to stay “IN” as a member, but will not accept the conditions to bail them out. WTF?
Sounds to me like Greece is taking advantage of the old saw:
“If you owe the bank a thousand Euros, you have a problem. If you owe the bank a few billion Euros, the BANK has a problem!”
With the mountains of derivatives balanced on the EU banks, those bankers must be having cold sweats. Wall St. is catching the contagion. Financial engineers must be working overtime to try to paper this over. They seem to forget…. paper burns.
OK, an original DJmm because I know you’re all tired of the repeats…
In my hometown last night and I’m sorry I missed them…David Usher is one talented dude.
Mr Copper
Yes I get that and seemed Obama tripled the tax dependent workers that apparently don’t know where the money comes from. I can wonder if they are going to go after the multis when they can no longer use the rest of us like ATM machines. They also drove out businesses and treat themselves like welfare recipients. Like Armstrong said they produce nothing just make laws without considering the consequences. Now that’s coming back on them to bite them in the backside. They want a NWO but don’t even know what they are doing now. we need to stop them from their getting donations for influencing votes and make it illegal for starts. That and they or their family cannot profit on any laws they make and apply to them as well.
goldielocks @ 16:47
Deflation can be good for Gold, because deflation, and low rates, shows ineptness and or
mismanagement with the financial system.
Everything that is happening, is good for the people, and bad for TPTB. There is a global regime change trying to happen, for a long time now, and TPTB are weaving and bobbing, a day late and a dollar short.
P.S. the global “regime” because of money and greed, (big multi national business) went too far, holding middle class (tax payer) wages down, and avoiding US labor and taxes. It’s all real simple what’s going on. A classic catch 22. Time snuck up on them.
The dumb sucker politicians, to over ride outsourcing, simply created more and more tax absorbing occupations and let tax ABSORBER’S wages and benefits surpassing inflation. Like too many chiefs and not enough Indians. Note all the budget deficits, huge debt, and corporations sitting on piles of cash.
Greece in a microcosm, or “cancer” for TPTB.
Their past screw the Americans objective is in reverse. No longer in their best interests.
On a more somber note, is this moment in time any different than what the Patriots were facing almost 250 years ago?
They must have felt extremely exasperated. History rhymes.
To the end BG, to the end.
ipso will take us in at his cardboard box behind the Quikee Mart
MM
I’m not deserting. I’m in or I’m broke Whatever comes first.
Say, anyone notice Maya’s train pic going down mainstreet USA? It had the gold price plastered all over it…9998
Now I’ll let y’all bicker over the currency that would be in.
And BuyGold, straighten up soldier! Didn’t they teach you about the 30 years war?
Howaboot the 100 year FRB/treasury that wants to remove Andrew Jackson? It appears FB deserted the ranks, not you too.
Remember, “it’s for the children”. Them children are yours and your grandkids.
Ororeef – sorry
I really am, but for as long as I’ve been in these markets for the last twenty years, the markets look to fleece people that think logically, to try and go against the money masters is always a foolish bet. Look at the article I posted a little awhile ago. GREEK LEADERS DO NOT WANT TO LEAVE HE EU!! They are willing to sue to stay in. The money masters don’t want them in, they want them out, which means they have everything under control. The Euro rose today, that means there are no problems. Understand?
We’ve been snookered. The Chinese and the AIIB are the next thing to fool investors into thinking there will be a sea change to sound money. Not going to happen.
I’ve come to believe, all the big boyz are in on it. Russia, China, US, UK. All phony, The fiat regimes and One world order are now upon us.
Sorry for the rant, but gold told us everything we needed to know today.
Did you know ?
The average NET capital of European banks is 4%….their risk from Greece exceeds their net Capital !
If Greece goes out of the EU the European Banks are busted ….but..but they are too big to fail arent they ?….
R640
I actually think Segal is right. Greece is no big deal and I suspect the EU wants Greece out anyway. The markets have had what four years to absorb this and fix their derivative positions?
Gold is right back down again tonight. We live in the Matrix.
A lot of commentators-all day-like Jeremy Segal- have been saying greece is only 1.6% of the euro zone economically
and saying long term all will be ok…
But Arch Duke Ferdinand was the ruler of a minor country–and his assassination started WW One…incredible complacency so far in the U.S. and they have been right so far…is the wolf really at the door this time?
Floridagold and BG
Count me as one of the Headbangers. In fact … I think I have brain damage now … how else explain my having PM positions! 
Wait, what?
Greece Threatens ‘Unprecedented’ Injunction Against EU To Block Grexit
Submitted by Tyler Durden on 06/29/2015 – 18:07 
Having told the citizens of Greece that the European leaders will not kick them out of Europe because “the cost of throwing them out is too high, enormous,” it appears Greek PM Tspiras has another plan to ensure – no matter what the outcome of the forthcoming referendum – that there is no actual Grexit. As The Telegraph reports, Greece has threatened to seek a court injunction against the EU institutions, saying “we are taking advice and will certainly consider an injunction at the European Court of Justice. The EU treaties make no provision for euro exit and we refuse to accept it. Our membership is not negotiable.“