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

Thanks for the selection of beverages this morning. Does that fancy machine take Bitcoin? Or do I need a hammer to negotiate for a cup of coffee? 🙂

There is a growing consensus that the 35 year Bond bull is dead and we are v close to major TA confirmations….Yes the SM can keep going and may well….but yr buying at record Hi’s in a 9 syr old bull mkt, where prices have more than trebled…there is also see below, more and more talk about inflation….PM mining shares are not far off a a multi year low and are 1/3 rd of what they were in 2011.

If even a fraction of that Bond money $ 82.2 Trillion, say 5 % goes into PM shares = $ 4.11 Trillion…..it would buy the 5 largest Gold and Silver Miners with $ 2.7 left over…and that includes Anglo worth $ 1.3 on it’s own….ie without Anglo $ 3.96 Trillion is left…so it would buy the top 9 miners 30 times over !!!!!!!

Took this below from the FT article by Danielle DiMartino Booth

Global bond investors could be in for a nasty wake-up call. Amid all the euphoria surrounding Trumponomics, traditionally dovish US Federal Reserve officials have begun to sound like passionate hawks. Not only are multiple interest rate rises priced into the markets this year, officials have also crossed into previously sacrosanct territory, countenancing a shrinking of the Fed’s $4.5tn balance sheet.

Taking this next step to leave the era of unconventional monetary policy behind would effectively double down on the tightening in financial conditions. There is a growing risk, therefore, that the long era of calm in the global bond market is coming to an abrupt halt.

One of the first lessons of economics is that money is fungible — it can be repurposed at will. Global bond investors have adapted the idea of fungibility to quantitative easing. They are largely indifferent to which central bank is purchasing securities; the point is that some central bank balance sheet somewhere is growing. Add up the easing exertions and you get to $200bn or so every month, all of which is mutually interchangeable for the purpose of keeping animal spirits buoyant.

Investors’ steep assumptions do not stop there, though, for this is where that other basic tenet of economics — the law of supply and demand — comes into play. The lowest bond yields in 5,000 years also reflect the belief that central banks’ bond purchases permanently expunge supply from the market.

It is hard, therefore, to envision global bond investors retaining their composure as the assumption under which they have purchased dearly priced bonds in recent years vanishes. If the Fed has seen fit to allow global bond supply to begin expanding anew, what is to stop its central banking peers from following suit?

More disturbing yet is that inflation data now warrant tightening after years of price pressures being subdued. At 2.5 percent, the consumer price index in the US is the highest in five years. Even the “core,” which excludes food and energy prices, stands at 2.3 per cent over the past year.”

Today I climbed a mountain to find a wise man at the top. I asked him, “When will the price of Gold go up?”

“You missed it,” he said. “It already went. Did you bring me coffee? It’s cold up here!”

(Sigh)

Mauna Kea today with a touch of snow, from Hilo Bayfront. The summit is 25 miles distant.

Amtrak’s (nee Southern Pacific) “Sunset Limited” rolls into an Arizona sunset.
http://www.railpictures.net/photo/609317/

Their capital punishment will be extinction planted in their brains. They don’t know of motherhood and never will.  The love nor the pain they endure. They can only pretend in their FAIRY tale make believe world. They don’t even know LUST does not equal love or sacrifice. They have no respect for their own kind, the givers of life but their not the makers.they can only envy those that do with their man made tampons with eyes. Their not. G-D but want to play G-D like they play their lust. G- D is love and lust is just a side effect they haven’t recieved. That’s why most even when married do not contain their lust to just that one person. So in their frustration the mock nature itself. They can’t give birth nor know the suffering and plans that can go wrong in the blink of a eye as one of the most dangerous times for both mother and child, nor can They cannot nurse a child. A Breast implant will not bring forth milk. They can only mock it like they mock anything that is nature or woman  because it’s nature they hate.Yet  they talk about haters when they are the ones, the haters of nature. That’s why nature  has the last word and will put them back in their place like a lion on a stool when he’s had enough of the fake lion tamer with a whip. Their extinction.

https://www.youtube.com/watch?v=6filPCtrt0c&sns=em

And silver at $22. Is this a rebroadcast so someone can earn you tube bucks?

Shes a cutie, you’ll have to monitor her dates in a few years. Have one of those shot guns handy in the background when they show up.

Pms well time to put thise golfers to work. The PMs What does the caddy say.