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

Farmboy

Posted by redneckokie1 @ 22:15 on March 8, 2017  

water is still too cold for noodling. Rattlesnake hunts will be starting soon. Maybe I can get ipso into the “white fang” club.

Rno

Tucker Carlson in D.C. Awesome!

Posted by newtogold @ 21:35 on March 8, 2017  

http://www.informationliberation.com/?id=56383

March 8th Women’s Match

Posted by commish @ 21:32 on March 8, 2017  

c6ajun2uwaa_edv

Rates are Meaningless !

Posted by Ororeef @ 19:32 on March 8, 2017  

http://www.kitco.com/news/video/show/BMO-Conference-2017/1521/2017-03-03/Rate-Hikes-Meaningless-Gold-Has-Already-Bottomed—Lassonde

Everything Is Fake, The Fed And The Banks, Are Not Really Functioning Like the Real Banks Before 1913. They Operate More Like Gov’t Welfare Offices

Posted by Mr.Copper @ 19:21 on March 8, 2017  

I was at the bank about 4:00. Talking to one of the financial advisors, and I mentioned I think Real estate in N.Y. is ready for another drop. She agreed and then she tells me, she was selling real estate just before the “bank” job. She said they are doing the exact same thing they were doing before the financial crisis. Loans with 3% to 5% down payment. She could not believe the risky loans she saw get approved.

In N.Y. in my zip code, for every one house for sale, there are two more in pre-foreclosure. The so called owner stops paying, and stays in the house free, for 4-5 years before the bank finally takes ownership. The banks pay the property taxes too. Sometimes the actually PAY the occupant a lot of money to move out.

Many stories I can talk about. A person I know buys a very expensive house on the highs in Ca. Soon after comes the crash. So he stops paying, and buys a cheaper house, probably in his girl friend’s name this time, in a better neighborhood. Then proceeds to rent out the empty house to a friend of his. He squeezed many years of free rent money on a house he did not own.

Another story, family stops paying for about 4 years, and saves up all the payments for himself, builds up a nice kitty, and moves to Florida and buys a house for cash. Another guy I know lost a lot of money in the dot com bust, got a $300k margin call.

He borrowed against his house and was swinging payments and credit cards until the ’08 crisis. All his credit limits were lowered or cut off and after a while he gave up, and stopped paying FIVE years ago. He recently got a letter from the bank, advising an auction coming on the house in July.

Then you have the IMF International monetary fund. Think about how many so called loans were not paid back. Mexico and Poland come to mind but there are many non performing loans out there.

The banks also tax people like socialist gov’ts do with the inflation as the invisible tax. They also redistribute wealth globally with engineered currency exchange rates that move USA manufacturing wealth to other nations they consider poorer than the USA.

None of the employees care one bit if these loans are not paid. They all get their pay checks any way.  Besides that, the “money” they loaned out was fake, just paper, so what’s the harm? They didn’t lend out GOLD to buy the house.

There is a harm though. It sets a bad example with others, and increasing amounts of copy cat people are doing it even though they can afford the payments. Anybody can borrow, get into the house, and not even make the first payment. A realtor told me that.

There are no real banks with real money in them, like the old days of Jessie James, and Wild Bill Hickok. When you robbed a bank in those days there was REAL pain.

The SS Central America, known as the Ship of Gold sank with 30,000 pounds (14,000 kg) of gold. The loss shook public confidence in the economy, and contributed to the Panic of 1857.

If a ship today sunk with $20 trillion dollars in US $100 bills it would not mean a thing.

 

ADP’s Job “Creation” Report Is A Fraud

Posted by Richard640 @ 19:17 on March 8, 2017  

March 8, 2017Financial Markets, Housing Market, Market Manipulation, U.S. EconomyADP job report, employment report, fake newsadmin

Put it on CNN and it’s “true.” Americans will turn on their tv’s and open their newspapers tomorrow (the small percentage that still read newspapers) to hear and read that the U.S. economy “created” nearly 300,000 jobs in February – at least according to ADP. .

The easiest way to hold ADP accountable and eviscerate the credibility of their report is to examine their “methodology.” Of course, this requires searching the ADP website to find the area way at the bottom where it describes its “methodology,” something no fake news reporter or analyst has to time with which to bother.

As ADP describes in its “methodology” section, it seeks to “closely align” the final output of its calculations with that of the “final print of the U.S. Bureau of Labor Statistics (BLS) numbers.” Thus, ADP’s “job creation” report is really nothing more than a regurgitation of the fraudulent employment report issued by the U.S. Government.

Here’s the other variables of input that the new ADP methodology now incorporates into its methodology used in ADP’s “enhanced ADP National Employment Report”

ADP matched-pair growth rates by industry
Lagged values of BLS estimates of growth of employment by industry with industry specific restrictions
Unemployment Insurance Claims (UNI_US)
Oil Prices
The Michigan Consumer Sentiment Index (CSENT_US)
The Composite Index of Leading Indicators (LEAD_US)
The “soft” data reports above have nothing do with job creation. Unemployment claims are historically low because the labor force participation rate is historically low, which means that the number of people who are terminated and can file for nemployment benefits is historically low. How is this variable an input on job creation?

WELCOME TO ADP’S RABBIT HOLE

The Paper Trail

Posted by Ororeef @ 19:09 on March 8, 2017  

BOMBSHELL: Now We Know WHO Signed Off on Wiretapping Trump. TREASON.

Amid this huge Obama Administration wiretapping scandal, we can take solace in one thing: there is a very secure paper trail we can refer to.

That trail reveals that then Attorney General Loretta Lynch must have signed off on the warrant allowing the Obama Administration to wiretap Donald Trump, via ABC News.

Two separate applications for the warrant were made, and Lynch had to put her name on both of them. The first was denied.

In and of itself, the denial of the first application means that Lynch must have some exceptionally bad judgment.

Only two warrant requests were denied by the FISA court since 2009. Over 10,700 requests were made in that time.

Clearly, the court really didn’t think spying on Donald Trump was a good idea, or met the standards for an ethical use of power.

A former NSA official turned ABC News contributor, Matt Olsen, said, “The fact that the government is successful in almost always getting approval is just an indication the government knows what the standard is.”

If Olsen is correct, this means the Obama Administration was very aware that their request was going to be denied. So, then why try it? Perhaps they thought that the judges could be convinced. They were, eventually, after all.

There are eleven judges on the FISA court, and each one was appointed while Obama was still president. Perhaps that’s how they were swayed to give in on the matter? Do they feel like they owe Obama something?

Five of the judges were appointed for terms that won’t end until after Trump’s first term. It may take some time to drain this particular swamp. In the meantime, at least we know our new president is ethical and will not abuse his power.

 Sadly, I’m not surprised Loretta Lynch was involved in this. She’s long been politicizing the Department of Justice, acting suspiciously in favor of the Clintons. Her latest disgusting decision involved telling the liberals that what our streets really need is MORE violence!

She was the ONLY person that signed off on FISA warrants over the last year or so of Obama’s terms, so now we know who the rat is. And you know what happens to rats…

Taking a stab here at a gold ETF is definitely warranted-Good risk/reward-

Posted by Richard640 @ 18:58 on March 8, 2017  

Gold is showing amazing resilience given that a strong Feb jobs report is expected on Friday and a rate rise next week. Today this was released:

08:15 Feb US ADP Employment +298K vs. consensus +189K
Jan revised to +261K from +246K
Dec revised to +201K from +151K

 

Former Virginia Governor Tim Kaine Son arrested for igniting SMOKE BOMBS at TRUMP RALLY

Posted by Ororeef @ 18:36 on March 8, 2017  

Maybe he should spend more time raising his sons ethical behavior instead of teaching him Radical leftist tactics ..but thats probably because of his JESUIT education in Latin America  !

  • March 2017 courtesy photo of Linwood Woody Kaine, son of U.S. Sen. and Democratic vice presidential candidate Tim Kaine. Police arrested Jonathan Adams, 25, of Minneapolis; Linwood Kaine, 24, of Minneapolis; Glenn Kimball, 22, of Minneapolis; Isabell Kimball, 26, of Minneapolis and Haley Ryan, 23, of Webster, Minn., on suspicion of riot on Saturday, March 4, 2017. Police said they were part of an anti-Trump group who disrupted a pro-President Trump rally at the state Capitol in St. Paul. Photo courtesy of the Ramsey County Sheriff's Office.
  • March 2017 courtesy photo of Isabell Kimball. Police arrested Jonathan Adams, 25, of Minneapolis; Linwood Kaine, 24, of Minneapolis; Glenn Kimball, 22, of Minneapolis; Isabell Kimball, 26, of Minneapolis and Haley Ryan, 23, of Webster, Minn., on suspicion of riot on Saturday, March 4, 2017. Police said they were part of an anti-Trump group who disrupted a pro-President Trump rally at the state Capitol in St. Paul. Photo courtesy of the Ramsey County Sheriff's Office.
  • March 2017 courtesy photo of Glenn Kimball. Police arrested Jonathan Adams, 25, of Minneapolis; Linwood Kaine, 24, of Minneapolis; Glenn Kimball, 22, of Minneapolis; Isabell Kimball, 26, of Minneapolis and Haley Ryan, 23, of Webster, Minn., on suspicion of riot on Saturday, March 4, 2017. Police said they were part of an anti-Trump group who disrupted a pro-President Trump rally at the state Capitol in St. Paul. Photo courtesy of the Ramsey County Sheriff's Office.
1 of 9

Linwood Woody Kaine, son of U.S. Sen. and Democratic vice presidential candidate Tim Kaine. Photo courtesy of the Ramsey County Sheriff’s Office.

It took three cops and a chemical spray to subdue the youngest son of U.S. Sen. Tim Kaine, former presidential candidate Hillary Clinton’s 2016 running mate, Saturday after he was identified as one of the counterprotesters who allegedly used fireworks to disrupt a rally in support of President Donald Trump at the Minnesota State Capitol.

Linwood Michael Kaine, 24, and four others were arrested on suspicion of second-degree riot after the “March 4 Trump” rally in St. Paul; a sixth person was cited for disorderly conduct. Counterprotesters clashed with Trump supporters in the Capitol rotunda after they disrupted the proceedings with air horns, whistles and chants. At one point, someone set off a smoke bomb.

(He majored in CINEMA and MEDIA studies at college)  Thats about par for his Fathers radicalized Jesuits influence …

The Real Reason the Fed wants to Raise Rates

Posted by Ororeef @ 17:52 on March 8, 2017  

Thats how Banksters  turn years of lending money to unfortunate Souls at a cost of .10 on the Dollar  into REAL ASSETS by Foreclosure !   They create money out of thin AIR than encourage DEBT piled on DEBT ….then in the last DAYS when every last Soul has maximum amount of DEBT possible THEY RAISE INTEREST RATES  ….THE TRAP IS FINALLY SPRUNG !  AND THE PROCESS OF TURNING PAPER AND CREDIT INTO REAL ASSETS BEGINS VIA FORECLOSURE !

SWISS LEAKS …Interesting HOW Venezuela LOADED with POOR People in a RICH ASSET COUNTRY still elects Communists who stash money in Switzerland..When you concider How Large the US is ..It has relatively SMALL amount of Money there compared to other Countries

Posted by Ororeef @ 17:20 on March 8, 2017  

About the Swiss Leaks data

The files at the foundation of the Swiss Leaks articles and this interactive application are based on data secreted away by Hervé Falciani, a former HSBC employee-turned-whistleblower. He turned the data over to the French government in 2008 and its tax authority launched an investigation.

The French newspaper Le Monde obtained a version of the tax authority data, which covers accounts of more than 100,000 clients (individuals and legal entities) from more than 200 countries. The newspaper shared it with ICIJ with the agreement that it would assemble a global team of journalists to explore the data and produce this reporting project.

The data comes from three types of internal bank files from different time periods. One reflects clients and their associated private accounts at the Swiss branch of the bank mostly from 1988 to 2007. Another is a snapshot of the maximum amounts in the client accounts during 2006 and 2007. The third is of notes on clients and conversations with them made by bank employees during 2005.

The files show the accounts to hold more than $100 billion in total, from $12.6 billion held in the name of governmental institutions from the oil rich nation of Venezuela under the late former leader Hugh Chávez, to amounts recorded as zero. The confidential files also provide a wealth of other detail, such as secretive offshore companies linked to some accounts.

Mr. Copper, Buygold, & Maddog, It’s As Plain As One of Maya’s Train Whistles, And A Message From On High,

Posted by Farmboy @ 16:27 on March 8, 2017  

This week was meant for fishing, not for trading in the PM’s.

I guess for ‘Hump Day’, the action was not too terrifically bad….instead of the waterfall in Phiz, we only got the drip drill. Miners kinda held their own for the most part. Ever heard of Turn Around Thursday? Well that is what I’m calling the action for tomorrow. Wishful thinking or the PM’s have suffered enough abuse this week? You decide.

Somebody call a bottom, so I can sleep tonight. 🙂

Northern Dynasty

Posted by Ororeef @ 16:23 on March 8, 2017  

Giustra sold out of his position because he didnt want any one to say it was his connection to the Clintons that was making him politically connected to make money  .Giustra was right ..it is a political Football because a former Republican Senator from Maine was Lead Council to try and get EPA to back off.  Mexicos richest Man was his Partner ..Clinton had the Political influence at EPA ..Giustra had the Financial know how to Structure the Deal with borrowed money ..in case it didnt work . Giustra realized he could be charged with a crime of peddling influence and the Clintons have become TOXIC ..!So he felt  he dosent need to become a TARGET if an accident happened at the Best SALMON fishing grounds in the World where this Pebble Project is located !   He dosent need the BAD Publicity as it would effect all future deals he makes ..He simply dont want trouble and he dosent need the money ..he’s too rich for that risk ,he would become the Target of Lawsuits .and his career would be over as a Financial mine developer. Thats what he does,and he’s the Best at it.. Carlos Slim the Mexican Partner is not a Canadian or American so he’s not subject to Lawsuits from Canada if an Accident happens.  The Clintons dont care they have Foundation lawsuit Protection behind dozens of Corporations.

NAK is a HIGH RISK venture ! What could possibly go wrong ?   Dont ask Giustra !  Its too risky for him !

What are the Worlds best Salmon Breeding grounds worth ?  .A lot more as a renewable resource than a wasting mine asset  would be..even at a Billion $…..EPA is right on this deal ! IMHO….

Giustra realized…The Clintons are TOXIC  !

Stories from the U.S. “are making me look like a very horrible person,” Frank Giustra complains.

Ben Nelms for National PostStories from the U.S. “are making me look like a very horrible person,” Frank Giustra complains.

VANCOUVER — This seems out of character: Frank Giustra, one of Canada’s wealthiest and most guarded businessmen, is openly seething. Smacking the boardroom table and swearing.

“I can’t deal with this anymore,” snaps the mining and entertainment magnate. To his horror, he’s become hot political fodder south of the border. All because of his close relationship with former U.S. president Bill Clinton, suggestions of influence-peddling through related charities the two men established and a growing scandal ensnaring Hillary Rodham Clinton.

“I’ve spent the last 10 days doing nothing but dealing with media calls. I can’t get anything done,” Giustra says, his voice starting to crack the longer our interview inside his downtown Vancouver office this week continues. “It’s out of control. It’s a f—ing circus.”

GDX seller made sure 21.50 was line in sand

Posted by Maddog @ 16:10 on March 8, 2017  

then lent on the mkt non stop into the close…no natural mkt trades like this.

Still Gold is down 8 days running now and even the Algo’s recognise that statistically that is dangerous for shorts……meanwhile the scum give a damn and short endlessly and the SEC are miles deep in porn !!!!!

Normal end of the day bleed

Posted by Buygold @ 15:54 on March 8, 2017  

Not horrible, just enough to irritate.

@Farmboy re 13:02 Dopey/Dollar Still Climbing

Posted by Mr.Copper @ 13:19 on March 8, 2017  

Hi Farmboy, it doesn’t make any sense. It keeps confounding me. They are preaching classic Keynesian economics like more gov’t spending and higher national debt. As if there was a LACK of or SHORTAGE of  gov’t spending and not enough national debt.

When the PRIMARY problem is (imports of people and product causing) the masses wages were not indexed with accurate cost of living increases, so are net under paid, and under taxed in constant 1975 dopeys.

AND WHY IS TRUMP NOT BASHING THE DEPT OF LABOR, THAT CREATES THE FAKE CPI?

 

RNO Texas having bad fires too

Posted by goldielocks @ 13:06 on March 8, 2017  

Young man cowboy and wife were killed trying to save cattle and another man rancher were killed.

 

http://amarillo.com/news/local-news/2017-03-07/texas-panhandle-wildfires-take-lives-burn-nearly-500000-acres

Dollar At 102.14, Still Climbing….Uggghhh

Posted by Farmboy @ 13:02 on March 8, 2017  

Seems every time the HUI and XAU try to claw their way from being negative, the dollar notches up another tick or two. Think we would be having a decent bounce in the PM’s today otherwise.

@Richey re 12:20

Posted by Mr.Copper @ 12:55 on March 8, 2017  

Hi Rich, thanks for the info. Appreciated. I’m sticking to my original views, one of which, the entire world is having problems with manipulated yo yo value floating value currencies like the yo yo market value of lobster.

 

CEF

Posted by MetalsGuy @ 12:46 on March 8, 2017  

Interesting that CEF is up over 3% on a PM down day!

Maddog

Posted by Buygold @ 12:44 on March 8, 2017  

Just seems like things are playing out like they used to with miners leading on the up and downside.

Mr Copper=maybe u done, done right! Ballinger writes that the HUI may be in the buy zone at least for a bounce

Posted by Richard640 @ 12:20 on March 8, 2017  

Mike Ballinger:

I have been warning all of you against rushing to replace your miners (“HUI”) and the various ETF positions due to the numerous dead-cat bounces since the breakdown in late February which were the same type of bounces that lured me back in too early on previous occasions. Whenever I ignore the optimum entry point for the RSI, I end up getting punished so here we are at 31.29 for the HUI’s RSI which is, incidentally, the very place where they have turned IN EARNEST since the bottom in late 2015. Now, the vast majority of letter writers here at the PDAC in Toronto are unanimously insinuating that gold “might” have a corrective phase in here corresponding to the seasonal tendency for downside in March-April.

However, if you observe the seasonality chart for gold, you can see how mid-April offers such a superb entry point so the question “Do you sell here into the PDAC curse?” is “NO” because the bulk of the decline could quite easily ber behind us, especially with the RSI for the HUI now a tad above 30. The same applies to my number one trading vehicle for the mining stocks, the Junior Miner ETF (“GDXJ”) which was sporting an RSI above 75 back on Feb. 12th with the stock at $42.50. I warned you against the KoolAid guzzling which was rampant at the time because every single top had occurred from an RSI above 70 so now with the stock at $33.42, I see another $5 downside before the RSI breaks 30. However, that could be here by the end of the week so stay sharp and on your toes.

Very odd action the past many days. SIL has moved a whole buck off it’s low whilst Crimex silver is down 23 cent

Posted by Richard640 @ 12:15 on March 8, 2017  

SIL–Day’s Range 32.37 – 33.50

Not a shred of technical evidence suggesting some kind of bottom but now is when ya gotta take a stab…or wait for the technicals–after missing 30-40% of the move off the lows–all that brave talk said…I’m still flat…but lurking. Jobs report on Friday but it hasn’t had much lasting impact lately.

GDX still has the seller

Posted by Maddog @ 11:56 on March 8, 2017  

but not as aggressive and The General is catching a bid…..good call Buygold/Farmboy

@Gold/Silver Bugs, “Sir, we’re surrounded!” “Excellent. We can attack in any direction!”

Posted by Mr.Copper @ 11:52 on March 8, 2017  

Damn the torpedos. Full speed ahead.  I just bought some NAK. 🙂 And the EXK I bought is 2.83% higher than my buy this morning.

Older Posts »
Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.