GoldTent Oasis is dedicated to our friend and founder John F. Murphy (Wanka) of Key West, Florida without whom this website would not exist. Gone but never forgotten.
ENTER ~ Post by the Golden Rule. Gentlemanly conduct is the attire of the day. GoldTent Oasis is not responsible for content or accuracy of posts DYODD. ~~~~~~~
He is very wrong talking like that and blaming countries. The countries are not in control. Its the global corporations that control the politicians and or influence gov’ts.
They get permission to operate across international borders, to avoid US taxes and labor. Some of them actually get tax incentives to move production overseas. The cost cutting benefits they get enable them to bankrupt or hurt small domestic companies, that employ 80% of the workforce. Then they can’t afford to give health care benefits. Many end up closing down or move off shore.
You could even say the Banks are part of the global gov’t too. Whoever controls the money controls the country and or the world. All those central banks around the world work together.
Trump should blame global corporation and global banks, and not blame countries. Its not likely these countries are independent and doing their own thing. They are all just along for the ride. Gov’ts or global businesses pick the winners and losers.
I strongly suspect its finally USA’s turn for a rebuild, and they already started the process after ’08. Too little too late though, and Trump jumps in, in front of them or chosen by them and with them.
It looks to me like the global gov’t is going to have a regime change. The same gov’t that made many regime changes, is itself, in process of regime change. Like they say. What goes around comes around.
Between the dot come bust in March ’00, the following recession in ’01, then 9/11 in 2001, then the taxpayer bailouts of GM and Banks, and after THAT??? They created an artificial real estate boom by giving loans to ANYBODY with a pulse. So they could buy a house and go to Home Depot and export MORE US Dollars overseas.
Its almost like the global powers are getting fired. Donald Trump is telling them…YOU’RE FIRED. 🙂
New Gold further increases cash flow certainty with gold option contracts
TORONTO, March 8, 2016 /CNW/ – New Gold Inc. (“New Gold”) (TSX:NGD) (NYSE MKT:NGD) today announces that the company has entered into gold price option contracts covering 270,000 ounces of New Gold’s remaining 2016 production. New Gold purchased put options with a strike price of $1,200 per ounce covering 270,000 ounces of gold and simultaneously sold call options with a strike price of $1,400 per ounce covering an equivalent 270,000 ounces. The contracts will cover 30,000 ounces of gold per month for nine months beginning in April 2016. The net cost of entering into the option contracts was $2 million. In aggregate, the option contracts provide the company a guaranteed floor price of $1,200 per ounce while also providing exposure to further increases in the gold price up to $1,400 per ounce. New Gold entered into the contracts in order to further increase cash flow certainty as the company invests in the continued construction of its Rainy River project, which is expected to begin production in mid-2017. –
The AMA is now calling for the total banning of drug advertising to consumers, recognizing that Big Pharma has already become a sad mockery of medicine with no other purpose than to sell deadly prescription drugs to people who don’t need them.
Meanwhile, both Hillary Clinton and Donald Trump are taking aim at Big Pharma, but in different ways.
In today’s article + podcast, I reveal why the AMA is now desperately trying to save Big Pharma from the massive backlash that’s coming across America as people everywhere wake up and realize it’s all a grand medical scam.
re Au/Ag ratio…while not wishing to ever rain on Farmboys parade, that article made no mention at all of the Rig……consequently I would put it in the Bin.
Tdy is a classic…..yes we need a correction/could have one…..but why were the mkts bombed on a strong opening, as soon as the SM opened. At 1st glance there is/was no reason, any longs are happy campers, so why would they sell…..the shorts are the ones in trouble, it is they who HAVE to get the mkt down, or their Gummy mates who are short alongside them, will get killed. The big time shorts don’t care, as Janet backstops them…but their job is to crush the mkt, hence tdys selling.
Ag has clearly been held down by the Rig and once the Rig starts to blow that Au/Ag ratio will collapse. The symmetry of the long term Av being @ 16 over eons and coinciding with the ratio to which Ag is found relative to Au in the ground, tells me that the Rig has distorted the mkt horribly. I too am weighted in Ag’s favour and there is no mkt on this earth that is as dangerous as Ag…..the Scum are insane to be so short.
analyst reports on his modeling of the gold/silver ratio, and reversals in the trends for this ratio. The article upset my comfort zone regarding the gold/silver ratio, but even if it was less optimistic than I had been hoping for I still thank you for drawing it to my attention. My expectation was that a gold/silver ratio over 80 would not hold indefinitely and that it would return to levels experienced in the past (perhaps down to 30? or 20? or the oft-cited 16?). But the silverseek analyst is of the opinion that we cannot count on a return of this ratio to these previously recorded low ratio levels.
I am slowly learning that there is not much of anything “we can count on” with respect to the precious metals markets, nor for that matter in any other markets. This could be bad news for me because for some time now I had been positioning to benefit from a return of a gold/silver ratio from the 80-85 range to a 30-20 range.
Oh well, I guess we learn as we age. In the meantime. I wish you a pleasant day in your corner of the continent. Cheers. Equiz
On March 4, the West Virginia House voted to override Governor Earl Ray Tomblin’s (D) veto of permitless carry legislation and on Saturday, March 5, the West Virginia Senate followed suit.
When Tomblin vetoed the legislation–House Bill 4145–he released the following statement:
West Virginia’s law enforcement officers have dedicated their lives to keeping us safe and helping us in times of need, and it’s disheartening that the members of the Legislature have chosen not to stand with these brave men and women – putting their safety and the safety of West Virginians at risk. It’s unfortunate that the concerns of officers from every law enforcement branch in the state, including the West Virginia State Police and university campus police officers, have been ignored by today’s action.
But lawmakers who view the requirement of a concealed carry license as a burden on the exercise of Second Amendment rights saw things differently. WSAZ 3 reports that the Senate override the veto by a vote of 23-11.
The override means persons 21-year-old or older who are not barred from gun possession will be able to carry a gun without permit and persons 18-20 years of age will be able to get a concealed carry permit to carry a gun.
Permitless concealed carry “now becomes law in 90 days.”
The Italian banking system is a “leaning tower” that truly could completely collapse at literally any moment. And as Italy’s banks begin to go down like dominoes, it is going to set off financial panic all over Europe unlike anything we have ever seen before. I wrote about the troubles in Italy back in January, but since that time the crisis has escalated. At this point, Italian banking stocks have declined a whopping 28 percent since the beginning of 2016, and when you look at some of the biggest Italian banks the numbers become even more frightening. On Monday, shares of Monte dei Paschi were down 4.7 percent, and they have now plummeted 56 percent since the start of the year. Shares of Carige were down 8 percent, and they have now plunged a total of 58 percent since the start of the year. This is what a financial crisis looks like, and just like we are seeing in South America, the problems in Italy appear to be significantly accelerating.
White bread, bagels and rice ‘increase the risk of lung cancer by 49 per cent’
Largest study of its kind finds consuming a diet with a high glycemic index increases lung cancer risk
Carbohydrates, long blamed for fuelling obesity, have now been linked to lung cancer.
A new study has revealed a 49 per cent increase in risk among people consuming a diet with a high glycemic index.
The index measures how quickly blood sugar levels are raised after a meal, and foods with a high GI include white bread or bagels, corn flakes and puffed rice.
However, diets high in fruits and vegetables were found to decrease the risk.
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