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Re SBGL, Were any of you sitting on that one?

Posted by Mr.Copper @ 14:07 on May 30, 2017  

Below A note I just sent to investor relations. james.wellsted@sibanyegold.co.za

James,

FYI. Decades ago I vowed, for various reasons, never to buy South African stocks. I don’t remember the tickers involved. I do remember the non performance.

Recently I invested in some SBLG, and after your “rights announcement” and the crashing value of your shares, I was abruptly reminded of the past.

From this day forward I will never ever invest in any and all African miners. I’m extremely happy and lucky that by chance I sold most of the shares at $8.64 on 5/12, soon just before the announcement.

Best regards,

Arizona Silver did not make my day!

Posted by newtogold @ 13:41 on May 30, 2017  

I hate the PMs. Wish I never bought a single share.

Farmboy

Posted by goldielocks @ 13:35 on May 30, 2017  

I feel the same but working on making a red white blue table runner.

Tothemoon

On their not all created equal with any of those ETFs. You noticed that, if their not PMS and especiall if their on the bull side of equities getting proped up. Knowing that you can go with the flow or not or lose your money.

Fly on hype … crash on drill results … Arizona Silver …. D’oh! … glad I avoided that one!

Posted by ipso facto @ 13:20 on May 30, 2017  

http://stockcharts.com/h-sc/ui?s=AZS.V&p=D&b=5&g=0&id=p82722671534

This must rankle a bit … PS Erdogan is nuts!

Posted by ipso facto @ 13:07 on May 30, 2017  

Turkey Refuses To Grant Germans Access To Incirlik Airbase

While Angela Merkel is busy sowing the seeds of the next cold war between Germany and the Trump administration (and therefore the US, if only for the next three and a half years), a troubling flashpoint for Germany continues to grow in Turkey where on Tursday, Turkey’s foreign minister said it is not possible to allow German lawmakers to visit troops stationed at Turkey’s Incirlik air base now, although he said Ankara may reconsider if it sees “positive steps” from Berlin. It was not immediately clear just what Turkey’s “demands” or expectations, monetary or otherwise, were from Merkel for it to change its view.

“We see that Germany supports everything that is against Turkey,” Mevlut Cavusoglu told a news conference in Ankara. “Under these circumstances it is not possible for us to open Incirlik to German lawmakers right now … If they take positive steps in the future we can reconsider.”

http://www.zerohedge.com/news/2017-05-30/trukey-refuses-grant-germans-access-incirlik-airbase

Richey @ 12:05 Good Story Many Good Points, Re Economy On Thin Ice

Posted by Mr.Copper @ 12:55 on May 30, 2017  

Be Right Or Be Out !

Posted by Farmboy @ 12:31 on May 30, 2017  

Bye Jung. 🙂

Good, now I can take the rest of the day off and finish a book. Or take a nap, and dream of logic taking over command and control of the pm’s. Something to look forward to.

and eeos, that 17.35 for silver seems like it is etched in stone. We watch and wait.

Re 12:05 “Because of several years of weak sales in this consumer economy” Written by Jeff Nielson

Posted by Mr.Copper @ 12:20 on May 30, 2017  

SEVERAL YEARS??? He’s uninformed, or kidding himself, or just a liar.

SHOULD BE>>>

Because weak retail because Importing MORE than exporting since 1962. Gov’t not enforcing minimum wage laws requiring inflation adjusted minimum wage and Soc Sec payments, Dept Of Labor constantly UNDER reporting the TRUE or real inflation rate. Lets not forget the liar media that “tells” everyone what the facts are.

And you can take THAT to the bank.

Maddog

Posted by goldielocks @ 12:19 on May 30, 2017  

Merkel is a liability to peace with her aiding and abetting and giving them a way out and shelter as she vets no one. She lets them go back and forth to train. Just helping them drag it out, it’s a good thing she has no influence over our military or shes set them up to be killed.

She could care less of other economies, she just cares about herself and her image. That image is portraying  a loser and giving the likes of ISIS which is no small threat but a big one full of trained killers,  the illusion of the upper hand and ability to carry out threats. Now if global warming  consisted of slowing the manufacturing of things in her economy like cars VWs  maybe her attitude would change if you know what I mean. It’s all about them while we pay the bill for Mid East and take all the risks. Then say we’re getting weaker? Take a look in the mirror Merkel. Maybe Germanys surrender WW11 is still stewing inside them. Or maybe that’s what they will continue to do now, surrender. Who knows. They can have it. Send their German soldiers over there instead while we close shop and our borders and get out the popcorn. I don’t think they’re going to go along with their global warming considering they deal in oil.  They talk about Russia who has done nothing to them or us. Theyre the weak ones and ISIS has been laughing at them for awhile. They remind me of buffalo, you can shoot one and the rest just stand there ready to get shot next.

Alleged Anti Immigrant Gov’t Spokesperson Bill Clinton

Posted by Mr.Copper @ 12:15 on May 30, 2017  

 

 

 

Rah Rah Sis Boom Bah-!! Go Gold! Racoon coats! Hip Flasks! 23 Skidoo-! Doin the Varsity Draaaaaaag-!

Posted by Richard640 @ 12:05 on May 30, 2017  

The Hundred Billion Dollar Man – Jeff Nielson

Written by Jeff Nielson (CLICK HERE FOR ORIGINAL)

 

 

 

The U.S. is a consumer economy. The U.S. is currently in the midst of the largest wave of retail sector bankruptcies since right after the Crash of ’08. What will happen if the Federal Reserve actually does (finally) start raising interest rates with this train-wreck economy? Ka-boom!

 

The U.S. retail sector is currently going through the largest wave of bankruptcies in seven years because of several years of weak sales in this consumer economy. The U.S.’s bubble markets have continued to go higher and higher and higher all of this time.

 

The disconnect between U.S. market valuations and the actual fundamentals of the U.S. economy is far, far greater than at any other time in history. Worse than in the Crash of ’08. Worse than in the Dot-Com Bubble. Worse than in the Crash of ’29.

 

This is why Warren Buffett is sitting on a $100 billion hoard of vampire dollars. And since Buffett clearly plans on spending those dollars himself, this means that the Mother of All Crashes is coming soon. That’s what Buffett’s mountain of money is broadcasting to anyone who is paying attention.

 

The Mother of All Crashes will take down almost all asset classes with it. The one possible exception will be ultra-fraudulent Western bond markets, where no legitimate trading has taken place since at least 2008.

 

Even though these worthless bonds have already been manipulated to record highs, they will likely be pushed even higher when the Crash arrives. This will be to fuel the equally fraudulent narrative that “investors are fleeing to bonds”.

 

As readers have also been warned, precious metals will almost certainly get caught up in the wake of this Crash (assisted by all the malicious might the One Bank can summon). So why favor precious metals as our Safe Haven, despite knowing the bankers will attack these markets?

 

Western currencies are worthless.

 

Western bonds are worthless, the IOU’s of bankrupt nations.

 

Western equities are at all-time highs.

 

Western real estate is at an all-time high.

 

Gold and silver are already at extremely depressed valuations. Beyond this, gold and silver have a 4,000 year track record as a bellwether asset class.

 

It was because of these factors that gold and silver (and gold and silver mining stocks) rallied far harder and far faster than any other asset classes following the Crash of ’08. They will do so again.

 

The Dow just hit 21,000. The NASDAQ just hit 6,000. The Buffett cash hoard has just hit $100 billion. The only way things could get any more obvious would be to see the vultures already circling in the air.

 

Merkel imo and decades of observation, is Just Another Spokesperson or Representative of A Group.

Posted by Mr.Copper @ 11:40 on May 30, 2017  

In the USA situation the “president” is ALWAYS a buffer or a go between, between the workforce (citizens) and the boss. (shadow global powers) Like a union representative or forman in a factory versus the owner.  And you can take that to the bank.

I’ve seen it too many times. The president gets in and soon after has to go with the prior flow. They do have some influence, but that’s about it. If Trump wants to regain prosperity for Americans, then its what the shadow gov’t wants and needs.

They are ALL pissing up a rope. They are not acting on causes, only acting against bad results of THEIR decisions, derived from THEIR wishful thinking and dreams. Anybody decades ago, that thought and dreamed and planned and adjusted things to create a “world that lives as one” “and no country to live or die for” “and no religion too” were a bunch of iron clad DIM WITS.

Maddog @ 11:22 That’s Our Boy ! Trump Picking On The Globalist Gang

Posted by Farmboy @ 11:30 on May 30, 2017  

The Elite Globalists aint going down without a fight. At least Trump seems to see eye to eye with May/Brexit. I too wonder how Merkel gained or keeps power in Germany. Course, she did have Obama by her side recently to lend a hand of support. 🙂

Poor Obama, all his efforts to build and support his Radical Muslim Brotherhood seem endangerd at the present.

Go Trump !

Trump vs Merkel

Posted by Maddog @ 11:22 on May 30, 2017  

Merkel clearly doesn’t like Trump and the feeling looks mutual. She was blasting Trump and May as soon as the G 7 was over, as people u can’t trust….she has rarely if ever been crossed, since she rose to power, why no-one knows, as she is clearly not that smart…eg Immigrants….

But whatever happened at G7 and so far we know nothing of it, Trump pissed her off big time and is continueing to do so via Tweets….

Trump Blasts Germany In First Tweet Of The Day

http://www.zerohedge.com/news/2017-05-30/trump-blasts-germany-first-tweet-day

Farmboy

Posted by ipso facto @ 10:52 on May 30, 2017  

Good luck with that. Nothing much else going on today.

ipso facto @ 10:03 I Wait For The Day Logic Rules The PM’s :)

Posted by Farmboy @ 10:40 on May 30, 2017  

Good Point you made though about JDST/JNUG. No matter how you ‘cut’ the charts, they suck.

I sold my Jdst first thing this morning since it jumped 4% out of the gate. I turned around and booked some of those profits into more Jnug. Thinking with the dollar dropping, the markets looking shaky, we just might get a rebound in the PM’s. I doubt, but it could happen, if the miners respond to the rise in the metals. Least I doubt if the GDXJ turns green today. Even CDE and HL which have been good with the prices of silver up recently are still in the red at this moment. ???

With a little luck, maybe I can pick up a few bucks off the jnug before days end, making it a Two Fer. I hope I live long enough to see some Logic in these PM markets. Until then, pick up a little here, a little there, day by day.

Silver Rides Again !

Posted by Farmboy @ 10:29 on May 30, 2017  

silver-horse

Silver surprises

Posted by Buygold @ 10:29 on May 30, 2017  

Seems to want to leave eeos $17.35 behind. USD drifting lower again.

Too bad the shares don’t like higher metal prices.

tothemoon @ 22:20

Posted by ipso facto @ 10:03 on May 30, 2017  

Interesting charts of JNUG and JDUST. Logic would tell you that if one is doing badly then the other would do well. Looking at the charts you can see that both have done terribly. I guess that’s because they are two halves of a dodgy product, designed only to fleece investors. IMO

Osisko is ravenous

Posted by ipso facto @ 9:58 on May 30, 2017  

Minera Alamos Announces Strategic Partnership With Osisko Gold Royalties, Concurrent Private Placement and Corporate Update

http://www.marketwired.com/press-release/minera-alamos-announces-strategic-partnership-with-osisko-gold-royalties-concurrent-tsx-venture-mai-2219093.htm

Alex & Moggy, Enjoyed Your Memorial Day Contributions

Posted by Farmboy @ 9:18 on May 30, 2017  

Both inspired a day of Remembrance.

Our little town held a Ceremony on the Square and  a huge number of folks were there to show their respect. Did the heart good.

I think perhaps that single thing that inspired me the most over the weekend was a trip to Home Depot on Saturday. I was there to pick up some flowers, herbs, and potting soil. Was in a hurry and getting a bit impatient standing in the check out lane. “Come on people ! Quit chatting with the pretty checkout gal and lets get this line moving !” I didn’t say it, but that’s what I was thinking!

In the check out lane next to me was a woman in a motorized wheelchair. ( Thank God I had not gotten in line behind her!) Waiting for her to get through the check out lane was going to be even slower. She got up to the cashier and handed the clerk a couple small items from her basket. Suddenly, she started getting out of her wheelchair. I say started, because she weighed something over 300 lbs, in her late 50’s or early 60’s I was guessing and obviously had a number of serious medical issues.

First, and this was no small effort on her part, she managed to get herself turned sideways. Slowly, as in take up another 30 seconds, she was able to put one foot on the ground. Another 30 seconds and her second foot touch down and she struggled to rise from her chair. Slowly, slowly, she stood up, and took two steps forward, away from the cashier who had already placed her items in a plastic bag and was waiting for payment. Where was she going??! What was she doing? After wasting all this time had she suddenly decided she di not want the items? You got to be kidding me !!

One more step, and then she bent down. Appeared more like she was falling down in slow motion. What was she doing??!! Oh my god, she is picking up something off the floor. I was about to blow a gasket and then has she slowly stood up again she was holding a small American Flag. With the greatest of loving care she gently dusted the dirt from the flag, and bent over one more time to return it to the orange 5 gallon bucket where it had fallen from. It was then I noticed the bucket was full of little American flags, and one had got knocked out onto the floor.

I felt stupid, I felt immensely and overwhelmingly foolish. I was so happy that I had kept my mouth shut the few seconds before. I wanted to applaud, to clap my hands, to say SOMETHING to her for her brave and arduous act of patriotism. I was too humbled, to shocked, to say or do anything. And for that I was ashamed. We both paid for our goods and exited the store. Her I’m sure with a feeling of pride. Myself, humbled and ashamed.

It set the tone for the rest of the Holiday Weekend for me. It kept before me, the purpose, the reason of why we ‘Remember’.

tothemoon @ 22:20 I Welcome Your Thoughts On The ETF’s. Thank You

Posted by Farmboy @ 8:48 on May 30, 2017  

Would be nice to hear your ‘thinking man’s’ version vs my ‘gunslinger’ ways of trading these rascals. Nice to have you aboard the Oasis.

This old dawg is always up to learning a new trick. Started out, I was just looking for a way to stop the bleeding in the pm stock holdings. Never thought it these ETF’s would lead to actually producing monthly gains in the trading account. You present some interesting talking points and I hope to better fine tune my trading and knowledge of these things. Many Thanks !

Maya, Coffee Rations ??

Posted by Farmboy @ 8:40 on May 30, 2017  

Things are gonna get bad !  🙂

Good Morning Oasis ! Buygold, Thanks For Sounding The Alert.

Posted by Farmboy @ 8:37 on May 30, 2017  

alert

silver-alert

Cant find anything in the wires that would suggest such a down draft in the PM’s this morning ? Only thought that comes to mind is the old saying, “Sell In May & Go Away”. If that is the case, the general markets should be in sell off mode today as well. Agree with you, this steep drop cannot be tied to the dollar. It has hardly moved. Least so much this far.

When Do We Get The Silver Moonshot?

Posted by silverngold @ 8:35 on May 30, 2017  

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