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

It seems to me that whoever (or whatever power structures) selected your next president must have liked the idea of a Goldman Sachs-weighted cabinet.  Although I cannot produce any Wikileaks evidence to back up my opinion, my gut reaction is to place my bets with the J. P. Morgan forces rather than the Goldman Sachs forces.  If J. P. Morgan (with its rumored large accumulation of physical silver and its vaults and tunnels and trading desks  deep in the Long Island bedrock) is of ownership interest to the Chinese, then it seems to be good enough for me too.  I’ll go with the silver accumulation like J. P. Morgan.

Now maybe there are some small wrinkles still requiring attention if Mr. Trump aims to have a friendly and constructive relationship with Mr. Putin.  If Goldman Sachs forces are going to have strong influence in the Trump  administration, and if Mr. Putin has really in the past not welcomed Goldman Sachs to operations within Russia, I cannot yet see if Trump and Putin will see eye-to-eye on several important matters.  I cant quite see them taking to a Trump-owned golf course meeting to resolve differences between them, but if Mr. Putin could just get Mr. Trump to join him for a winter  horseback ride in the Siberian taiga region then maybe they could come to some agreement about the Goldman Sachs approach to things versus the J. P. Morgan  silver-weighted approach.

I’m hoping for a good year for silver and I hope you have a good year too.  Cheers.  Equiz

Left-wing vegan who moved to Switzerland is denied a Swiss passport because she is too annoying

http://www.dailymail.co.uk/ushome/index.html

“In 1983, gold’s miracle run (1965-1983) ended — gold appears to go sideways in this chart — in fact, it fell precipitously. The Gold BEAR ran from 1983-2001 — note that the Dollar began its major correction in 2001, helped by FED orchestration — however also note that 2007-2009 period of Dollar strength AND Gold strength — the Dollar Rally helping to collapse the Global Economy in 2009. The Dollar CAN rally with Gold — but it is generally a sign of a catastrophic confusion and fear in the markets when this happens (CHAOS) — so it is questionable we should be hoping for this scenario. May you live in interesting times.”

http://seekingalpha.com/instablog/428250-michael-clark/4948645-comes-gold-silver-stocks-can

“Updating the data set for U.S. Mint sales of Gold coins (covering both Buffalos and Eagles) for 2016, here is the end-of-the-year data:

• In 2016, U.S. Mint sold 1,204,500 oz of gold coins, which is 17.9% increase on 2015. Remember that in 2015, sales of U.S. Mint gold rose 45.6% y/y. The series are generally quite volatile, but 2016 total sales by volume marked the best year of U.S. sales since 2010 and the third best year on record (since 2006).
• Sales of coins totalled 2,188,000 coins in 2016, up 6.2% y/y, following a 55.8% jump in sales in 2015. 2016 marked the busiest year on record for the U.S. Mint in terms of number of coins sold.”
• http://trueeconomics.blogspot.com/2017/01/6117-us-mint-gold-coins-sales-in-2016.html

Got an order in for that one. What sold me was McEwen connection.  Up 21% today. Geesh I hate chasing the trade. LOL

Operations at Yamana gold mine in Chile suspended late last week

http://finance.yahoo.com/news/operations-yamana-gold-mine-chile-183857004.html

Goldbugz have the all time worrisome wall of worry!

You’re welcome.

I’ve looked into GQC.TO before. Looks like it could be a LARGE deposit.

Best of luck

PS It’s always better to deal with people who aren’t liars. 🙂

Tend to agree with you. NEM is the “General” and it seems like the boyz use it as a signal on the future direction of the metals. Whatever it is, they are sure working hard to keep the HUI under 200 – as if it’s the most critical level in pm history.

Most of the players, 90%? don’t buy or sell any of the commodities they are “playing”. They never make or take a delivery of any actual THING. Mostly opinions of the future price. Like a frost coming to Florida, the gamblers, assume a shortage, and bet or opinion the prices higher.

The only time supply and demand changes the price, is AFTER a long distorted price causes a shortage or over supply. Look what happened to Oil. Opinion got the price to $145/bbl, resulting in over supply, leading to $26/bbl.

The value of Units Of Accounts, aka currencies, are also gambled on the futures market. My view is its the gov’t tool or method for wage and price controls. They used to just admit it in the ’60s and early ’70s, after that they go thru the futures market. Via Goldman Morgan etc players.

The futures market is only good and useful for the minority 10% that actually make and take delivers, among each other and need a protective hedge or known agreed upon future price.

The masses of players I see them being used as like Shock Absorbers on our cars.

Another thought. T. Boon Pickens, an actual Oil supplier. I heard him say once…..”If I have a million barrels of oil in a tank, and I see prices rising, why should I sell my oil today, when I can sell it two months later for more?”

Another example, of “players” opinionating a higher price, leading to an actual supplier holding back or hoarding his item.

Fwiw

I have noticed that Nem leads the whole PM sector, case in point recently Nem has been weak for a while, despite Gold doing v well…to me that has been a warning that tdys attack was coming !!!!!

Farmboy….yr right one should read what the enemy is saying…..but I need special training to stop my blood boiling !!!!!

Bill Fisher of 14 million ounce Fruta del Norte the Geo and Mac the Miner in for 20%. You know what they say about companies run by proven track record, a refreshing alternative to a bunch of liars standing over a hole…

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aGQC-2435317&symbol=GQC&region=C

I hear you about the sun and sand . It’s bin a long haul here this winter too.

Well there is always coffee, right 🙂

re your “but the scum are all over NEM etc, stopping any strength”

I’ve noticed over the years, the bigger the big caps, (like mutual funds) the slower they move, like a big ship (low risk low return). The smaller the small caps, (high risk high return) move very fast and easy.

Reading/listening to CNBC is an exercise in Psy Ops. Is the article truthful?  Accurate statements? What is the author’s point they are attempting to make/sell? How accurate are their past observations? ( In this case I never heard of the article’s author) My question would be this to her. If someone is doing all this reported selling, then who is doing all the buying?? It’s not like they are dumping gold in the streets or landfill.

Perhaps I should have noted: This article is for entertainment purposes only. 🙂

If these guys are so good, why do they all have to sell subscriptions?

Listening to CNBC on Gold, is like listening to the village idiot talk about quantum physics.

Anyway I thought the likes of CNBC, NBC etc, had all their journo’s looking for the Russian connection, or at least pretending to.

Good action in the metals, but the scum are all over NEM etc, stopping any strength….dumped my punting Nem…looking to go back in lower, when the scum are done.

Hedge funds aren’t buying into gold price rally

Hedge funds aren’t buying into gold price rally

Royal Gold Provides Update on its Fiscal 2017 Second Quarter

http://finance.yahoo.com/news/royal-gold-provides-fiscal-2017-211500250.html

Minco Gold Corporation Announces Voluntary Delisting of Common Shares from NYSE MKT

http://finance.yahoo.com/news/minco-gold-corporation-announces-voluntary-213807844.html

Osisko Gold Royalties Announces Record 2016 Gold Equivalent Ounces and Monetization of Investments

http://finance.yahoo.com/news/osisko-gold-royalties-announces-record-214327865.html

Dynasty Provides First 100 Days Corporate Update

http://finance.yahoo.com/news/dynasty-provides-first-100-days-214327839.html

Yamana Provides Update on Labour Negotiations in Chile

http://finance.yahoo.com/news/yamana-provides-labour-negotiations-chile-010645995.html

Hecla Reports 17.2 Million Ounces of Silver and 233,929 Ounces of Gold Production in 2016

http://finance.yahoo.com/news/hecla-reports-17-2-million-100000656.html

Rubicon Minerals Outlines its Exploration Program at the Phoenix Gold Project

http://finance.yahoo.com/news/rubicon-minerals-outlines-exploration-program-110000728.html

Probe Metals Provides 2017 Exploration Outlook for its Val-d’Or East Project, Quebec

http://finance.yahoo.com/news/probe-metals-provides-2017-exploration-113000359.html

Richmont Mines to Transfer Listing of Common Shares to the New York Stock Exchange

http://finance.yahoo.com/news/richmont-mines-transfer-listing-common-113000587.html

Endeavour Silver Produces 5.4 Million oz Silver and 57,375 oz Gold in 2016

http://finance.yahoo.com/news/endeavour-silver-produces-5-4-115500893.html

Northisle Files NI-43-101 Red Dog Technical Report on SEDAR; Moves Forward With a PEA on the Combined Hushamu-Red Dog Project

http://finance.yahoo.com/news/northisle-files-ni-43-101-132500938.html

Orezone Updates Bombore Mineral Resource Statement

http://finance.yahoo.com/news/orezone-updates-bombore-mineral-statement-124004951.html

Too many broken promises, too many lies. This could take awhile, maybe decades.

Think the next four years will be interesting. At least with Trump, we have some measure of hope.

“Putin’s Not On Our Team”: Obama Worried Americans Trust Russia More Than U.S. Govt

The people are no longer buying the lies. Period, end of sentence. And it has outgoing-president Obama all worked up.

Investors are dumping gold at the fastest pace in years

http://www.cnbc.com/2017/01/09/investors-are-dumping-gold-at-the-fastest-pace-in-years.html

omment: Don’t know if gold is buying it !

Could not ask for a much more exciting ending in the last few minutes. And yeah, it was nice to see Clemson knock a little of the wind out of my nearby nemesis Alabama.

Sorry about your NY Giants, but that was a good game as well. Except for the Georgia Dawgs, there have been some good games to watch this season. Guess I am treating the Dawgs like I do the PM’s, “There is always next year!”

Have a great day and best to ya, Farmboy