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

Yesterday, my wife and I attended her 50th high school reunion in Custer City, Oklahoma. The little town has one quick stop, the farmers co op, fire department and a senior citizens/community center. The former business district is one block, a common front and common brick walls circa early 1900’s. The old bank building (with vault) was purchased and being transformed into a residence. Another old commercial location is a finished residence. The interior of the finished unit was very obviously designed by a professional decorator in Arizona rural style.

Now the big question; why would anyone come from Arizona to rural western Oklahoma and build a very nice living area concealed in old downtown buildings. One of those buildings with a vault. Also, no city building permits, only statewide codes on plumbing, electrical, and heat and air. Those buildings are also owned by a LLC. The people involved are very successful  real estate developers in Arizona.

The nearest large city is 1:45 minutes away and the only industry is agricultural and oil field.

Maybe I should buy one of those old downtown structures for a hideout.

rno, who sometimes is the cockroach on the wedding!

we need to bring may day back…I was raised in a small town in illinois

The market is open.  Gold and Silver have a pulse.   The silver train has left the station for another week.  Here we go…

http://www.railpictures.net/viewphoto.php?id=573946

Our family would make up several baskets of beautiful flowers and distribute them around town to all the elderly. We would either knock on the door or ring the doorbell, then run and hide so they never knew who brought them the flowers. It was our way of bringing some happiness into their lives; letting them know that someone cared and was thinking of them.

All credit to a wonderful, thoughtful, and caring mother who continued this and other charitable acts of kindness throughout her life. She was truly Silverngold

http://business.financialpost.com/investing/trading-desk/strong-q1-results-expected-from-gold-miners?__lsa=2c07-13ed

Probably going to be the usual violent demonstrations in downtown Seattle tonight. Lots of lefties and anarchists in Seattle.

May you rest in peace !

https://youtu.be/q_AeC9S0cRQ

yesterday i got a letter from my bank (USAA) saying that they were changing how they held cash in my acct.

it was changing to a Mutual Fund (not insured or guaranteed) by FDIC.

I smell a rat. (not USAA itself – I like them)

I hope the Tent keeps it’s collective ears open to related news on this subject. I believe it will give us clues – they change the rules before the deeds, so they can be nice and “legal”.

screw the Cash Mutual Fund – I will hold cash in Sprott PHYS & PSLV

The US Supreme Court has approved a rule change that could allow law enforcement to remotely search computers around the world.

Previously, magistrate judges could order searches only within the jurisdiction of their court, often limited to a few counties.

The US Department of Justice (DoJ) said the change was necessary to modernise the law for the digital age.

But digital rights groups say the move expands the FBI’s hacking authority.

The DoJ wants judges to be able to issue remote search warrants for computers located anywhere that the United States claims jurisdiction, which could include other countries.

A remote search typically involves trying to access a suspect’s computer over the internet to explore the data contained on it.

It has pushed for a change in the rules since 2013, arguing that criminals can mask their location and identity online making it difficult to determine which jurisdiction a computer is located in.

‘Only mechanism available’

“Criminals now have ready access to sophisticated anonymising technologies to conceal their identity while they engage in crime over the internet,” said DoJ spokesman Peter Carr.

“The use of remote searches is often the only mechanism available to law enforcement to identify and apprehend them.

“The amendment makes explicit that it does not change the traditional rules governing probable cause and notice.”

It said the change would not give law enforcement any new authority not already permitted by law.

However, groups such as the American Civil Liberties Union (ACLU) have warned that the change could expand the FBI’s ability to conduct mass hacks on computer networks.

‘Thousands of millions of computers’

“Such a monumental change in the law should not be snuck by Congress under the guise of a procedural rule,” said Neema Singh Guliani of the ACLU.

In 2015, search giant Google also opposed the change, which, it said, “threatens to undermine the privacy rights and computer security of internet users”.

Oregon Senator Ron Wyden said the change had “significant consequences for Americans’ privacy”, and said he would seek to reverse the decision.

“Under the proposed rules, the government would now be able to obtain a single warrant to access and search thousands or millions of computers at once; and the vast majority of the affected computers would belong to the victims, not the perpetrators, of a cybercrime,” he said in a statement.

Congress can still opt to reject or modify the changes to the federal rules of criminal procedure – but if it does not act by 1 December the change will take effect.

http://www.bbc.com/news/technology-36169019

Helicopter money may be on the horizon, but if Deutsche Bank has its way, there is at least one intermediate step.

According to DB’s Dominic Konstam, now that the benefits QE “have run their course”, it is time for the next, and far more drastic step: “the ECB and BoJ should move more strongly toward penalizing savings via negative retail deposit rates or perhaps wealth taxes. With this stick would also come a carrot – for example, negative mortgage rates.”

Here is the big picture unveiling of what is coming next from Deutsche Bank’s Dominic Konstam, who is also buying the Treasury long end hand over fist:

• The G3 central banks all stood pat, continuing the move away from the beggar-thy-neighbor paradigm. However, the adverse market reaction to the BoJ’s inaction suggests that the benefits of QE (or QQE) in its present form might have run their course.
• It is becoming increasingly clear to us that the level of yields at which credit expansion in Europe and Japan will pick up in earnest is probably negative, and substantially so. Therefore, the ECB and BoJ should move more strongly toward penalizing savings via negative retail deposit rates or perhaps wealth taxes. With this stick would also come a carrot – for example, negative mortgage rates.
• Until then, bank NIM compression will continue to drive elevated demand for dollar-denominated assets, which manifests itself in suppressed UST term premia and wide cross-currency bases.
• What this means for the US is that policy rates and longer bond yields are unlikely to go up until global growth accelerates materially. Until such time, it is critical for the Fed to continue to relent, allowing real yields to keep falling while breakevens rise and nominal yields remain roughly static.
• If the Fed were to turn hawkish, there is perhaps even less scope for long-end yields to rise as breakevens would likely collapse on policy error fears.

http://www.zerohedge.com/news/2016-04-30/deutsche-bank-unveils-next-step-qe-has-run-its-course-its-time-tax-wealth