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

http://www.tfmetalsreport.com/podcast/8250/must-listen-audio-dr-dave-janda

Julian Brigden On The “Armageddon” Scenario: “This Is What The Endgame For Markets Looks Like”

“My base case is always been that you don’t get to the Armageddon scenario with weak data. You actually get to the Armageddon scenario when you actually get strong data. The end game for markets, the most dangerous toxic scenario for markets comes when you’ve got vastly inflated prices and central banks actually need to hike. ”

there’s was too much to lose.

http://mortefontainevillage.pagesperso-orange.fr/marcbrecy/b29.html

R640 – since 1990 – maybe the question is whether it will matter for pm’s? The answer is what?

Seems pm’s have done OK against most of the bubbles since 2000. The problem is that pm’s, like everything else, seem to have booms and busts (bubbles). Maybe not pm’s as much as mining shares.

What would it take now to get the HUI back to 600? $2K gold?

eeos – thanks for the laugh. Just like Wanka, you are a habitual pot stirrer. 🙂

Those paltry few pieces of wreckage with American Airlines paint were easily planted.  Some say the cruise missile was painted in AA paint also.  No engines… no landing gear, were found.

The hole was the most obvious giveaway.  Also look at the adjacent lawn… there is a white strip of lime in a straight line leading right to the hole.  Someone with a lime spreader put that on the lawn within a day of the attack… obviously to provide optical guidance to the point of impact.  Remember… they wanted to take out the accounting offices to cover up other losses.

The pilot of that plane was a recently ‘retired’ military pilot.  He likely had ties to the deep state yet.  I read one story that the AA plane with passengers was landed at a military base nearby and the passengers were ‘disappeared’.  Some time later, a ‘refurbished’ 757 airliner was registered with a new aircraft N-number.  This ‘refurbished’ airliner had the same fuselage serial number as the one that allegedly hit the pentagon.  Somebody doing a lot of research on the aircraft registry lists found that nugget.

And EVERY piece of surveillance video of the area was confiscated and classified, never to be seen again.

Yup, it wasn’t a plane that hit.

Unfortunately, confidence can’t keep an unsustainable system running forever. Nothing can. And our particular system is brimming with economic bubbles that aren’t going to stay inflated for much longer. Most recessions are associated with the bursting of at least one kind of bubble, but there are multiple sectors of our economy that may crash at roughly the same time in the near future. For instance:
Eric Rosengren, the president of the Federal Reserve Bank of Boston, recently made a startling tacit admission. We may be in the midst of yet another real estate bubble. Major financial institutions in this country are in possession of over $14 trillion worth of residential real estate loans. That’s well over $40,000 for every man woman and child in America.
Low interest rates have fueled a bubble in subprime auto loans, and that bubble appears to be reaching its limits. There are now over 1 million ordinary and subprime auto loans that are delinquent, a number that hasn’t been this high since 2009.
There is now well over a trillion dollars worth of student loan debt in this country; much of it owned by low income families. And there’s little hope that these students will ever see a return on their investment. That’s why at least 27% of student loans are in default. While more than one in four students are in default now, that number was one in nine a decade ago. And if current trends continue, there could be $3.3 trillion of student loan debt by the end of the next decade. Clearly, this isn’t going to go on for much longer.
And who could forget the stock market? Despite experiencing low GDP growth every year since the last recession, the stock market continues to break new records. Many of the companies on the stock market (especially tech companies), have a market cap that is between 20 and 100 times their sales or earnings numbers. Some are much higher, despite experiencing slow growth, or even no profits at all.
Our economy is awash in cheap money and financial bubbles that threaten to wipe out tens of trillions of dollars worth of savings, investments, and assets. Everyone can close their eyes and hum while they hope that everything is going to be just fine, but it won’t be.
I said before that if everyone knew how unsustainable this economy is, it would all come crashing down. But they’re going to find out one way or another when it comes crashing down anyway. Hope and confidence can only prop up a bubble-ridden economy for so long.

http://www.zerohedge.com/news/2017-03-31/multiple-bubbles-are-going-bring-america-its-knees-warning-signs-are-there

……………and also a couple April Fools posting too. Just remember, What goes around comes around! I wish you luck with your fantasies. LOL!!!

The Big Contraction – An Interview With James Howard Kunstler

http://www.zerohedge.com/news/2017-03-31/big-contraction-interview-james-howard-kunstler

Like you say even with the possibility that the wings folded up and could actually fit into that hole there are no marks on the wall where they would have initially impacted. Pristine.

Kinda strange how a man can cling to ideals, or how he thinks ‘Things’ ought to be. For a decade I kept buying PM stocks and patiently waited for the ‘Moon Shot’ that surely must come. I only recently started doing well in the trading account when I started ‘thinking’ like the banksters. Well, not so much thinking like em, but throwing in the towel and realizing, accepting, that once a month they were going to come in and beat the heck out of PM prices during Futures Expiry. JDST and JNUG to the rescue.

Although, after the last two months, it does seem the beat down have been far less than they used to. Either the banksters cannot beat back the prices ( doubtful), OR, they are changing their game plans. I can think of several reasons for their change of behavior. Recent settlements, while just taps on the bankster wrists have proven what many have suspected for a long time that the PM prices are deliberately manipulated. And then perhaps the ‘Trump factor’ with his promises to drain the swamp. ( Guessing that may include the Rule of the Banksters at some point.)  Whatever the reason, I agree with Maddog that things are changing in the methods the banksters are employing to control the PM prices.

And while I agree the ETF’s are sucking the wind from the PM stocks, they are necessary tools that I intend to use in the search for profits. Stack the physical as the ultimate storage of wealth, trade the paper in all its forms to make a few bucks. And if a man can work in a little time for fishing, it ought to all work out. 🙂

Something about the ocean, a man, and a boat that makes the world seem right again. Course I’m a little sun burned, have a little less money in my pocket, but I cant wait to do it again ! If I can figure out how to do my trading while out on the water fishing, I guess I would call that ‘heaven’, or close enough to. 🙂

Would tell ya’ll some whopper of a few fish tales, but I don’t want to ruin my ‘spiritual experiences’ by starting out by telling a few lies. Besides, don’t reckon any of you would believe em anyways. LoL

Coffee is on me this morning. Good to be back at the Oasis. Figure if I start this morning, all my dirty laundry will be done by trading time Monday. 🙂

9/11 pentagon photo release from the FBI files. There was endless stories about how that the pentagon was struck by a missile. These photos squash that story pretty good IMHO. Now I’m sure many people are going to claim these were faked photos, but I think they’re real.

http://www.cnn.com/2017/03/31/politics/fbi-9-11-pentagon-terror-attack-photos/

Ballinger on gold–3-31

Silver Strategy: Accumulate weakness or buy the breakout?

Since 2001, I have found silver to be an exceedingly difficult market in which to trade, be it as an “investor” back in late 2001 at around the $4.00 level or as a trader in 2014-2016 in its rangebound purgatory bobbing and weaving at the end of the JP Morgan string between $14 and $22. The best trade I ever had in silver came while standing in the queue at Scotia Mocatta the exact DAY that silver topped above $50 in April 2011. I was buying a 1-ounce silver maple for a friend for her birthday and the clerks at Scotia Mocatta were walking through the queue asking “Buying or Selling? Gold or Silver?” of every person in line and all I remember was that everyone was answering “Buying” and “Silver”. I immediately called my office and sold my entire holdings in silver and silver stocks and then fretted for the next month over whether or not I should buy it all back in the mid-$30’s and the stocks all down 35%. The bottom line is that I found it very difficult to trade silver – and gold as well, for that matter – because I was perpetually thinking and trading like a chump. Instead of thinking like a bullion bank trader and buying “breakdowns” and selling “breakouts”, I would do the reverse and get sucked in every time because some self-professed technical analyst would point to somethink like a “tombstone doji!” or “that big ugly red candle” that was MOST ASSUREDLY going to take the metals down into oblivion (but never did). Equally as bad were the silver bulls (that usually resemble gold bulls on both amphetamines and steroids) that would be typing always in uppercase letters that “SILVER HAS BROKEN OUT AND IS ON IS WAY TO $200!!!!!” paving the path for an onslaught of retail chump buy orders into which the JP Morgan traders would feed infinite numbers of synthetic “silver” contracts by way of the Crimex until the buyers exhausted themselves after which the behemoths nudged it off a cliff and rang the register for the next 20% decline as they covered shorts into retail “chump” regurgitation.

So needless to say, here we are in 2017 and silver has been in this arduous trading range for what feels like an eternity making it no easier to trade and/or invest in today than it was in 2001 or 2014. The manner in which silver is treated by the Crimex participants has now taken the vast majority of longs offsetting the JP Morgan sausage factory of short sale specialization to new and unheard of levels. Since the silver market has taken on a different personality in recent weeks is an understatement; the GTSR now below 70 into a generally weak PM complex of lower gold and softer miners is giving me the courage to begin building a position in the USLV and the SIL in advance of what I see as an impending increase by the beginning of summer. As the seasonality chart would indicate (shown below), the time to accumulate is between now and June but I am of the opinion that the pop will come in April around tax-deadline-time in the U.S..

The most compelling chart of all if the one of the gold-to-silver-ratio shown below. The ratio is so very close to breaking an uptrend which began in April after the central banks all teamed up to crush the PM’s during the September 2010 gang-attack which caused a waterfall decline in both gold and silver which did not reverse until December of 2015. If this 70 level on the GTSR gives way to a sub-60 print by now and April 30th, it sets up a further decline and ultimate test of the 40 level. If we were to see a $1,500 gold price and a 40 GTSR, that would be reflected by a $37.50 silver price (and big moves in the silver equities).

My dillemma is whether or not to wait for the possibility of a dip in April to accumulate or damn the torpedoes and take the plunge into the USLV (triple-leverage ETF) here or a basket of juniors or a few carloads of silver futures. One way or the other, I am definitely getting my toes wet today for the first time since 2011 by buying a 25% position in the USLV at $16.30 with a 2017 target price of $50.

My rationale for owning silver is really quite simple: in inflationary times, silver ALWAYS outperforms most other metals and all other assets. Since I see renewed (and welcomed) inflation on the immediate horizon, silver is the right choice. Since I am already a large participant in the silver juniors by way of Santa Rosa Silver Mining Corp. (now Canuc Resources Corp.)(CDA.V), I need look no further junior silver players but adding a few leveraged ETF’s and/or the high-blood-pressure-creating futures exposure is a great excuse for lock-breaking of liquor cabinets and medicine chests in order to moderate behaviours far exceeding normalcy.

Michael J. Ballanger, B.Sc.,B.A., CIM