GoldTent Oasis is dedicated to our friend and founder John F. Murphy (Wanka) of Key West, Florida without whom this website would not exist. Gone but never forgotten.
ENTER ~ Post by the Golden Rule. Gentlemanly conduct is the attire of the day. GoldTent Oasis is not responsible for content or accuracy of posts DYODD. ~~~~~~~
Can’t believe it but I am close to accepting the possibility that by the time any reliable, stable, non rip-off based currency becomes relevant that it won’ matter. These people in charge of the image of our great nation and who claim to be steering our supertanker relationship with the rest of the worlds governments are TOTAL REJECTS that should never have passed kindergarten final exams. go Gold ! yea right! Other than that Happy Autumn Equinox to all Tenters !!!
Ya know, about a quarter till 2:00 everything was up and looking good to book some profits. And I thought, oh heck, lets wait for Yellen to speak. Then once I seen the immediate dive I let emotions get the best of me. Let out a good drawn out Southern BS, and doubled down. And gave those banksters some more of my ‘earnings’.
About the only good news is having followed Floridagold’s suggested 10/20 cross I was spared the beatdown in the stock prices.
Could you please pass a box of that tissue? I feel a good cry coming on. 🙂
But it aint over. Now that Wanka is feeling better and back in his digs, we are just about up to fighting force again. Lets see what the morning brings.
Posted by goldielocks
@ 17:42 on September 20, 2017
They were referring to Shaksephere The Three witches or she was but I don’t think she really knows much about the history of witches which some of it is a myth. One of those myths through time is taking the literal sense of the words Wool of bat Toungue of dog when they meant other things like plant life and can be toxic or healing like modern medicine, Since the words are long as a example I gave you of the actual meaning they shortened the terms like we do today and then I can guesstimate when ever that happened as self healing turned to Doctors they lost the familiarity with the words and took them literally. Anyone practicing in the literal sense is committing spiritual malpractice in a morbid way. The Bible warns to stay away as you can be dealing or many nuts or weak minded or uninformed as we see can today running around be subject to the dark side. Doing things wrong when casting spells can bring wrong things to happen or not what you asked. Best not to let it in. They use candles now and where did that come from? Religion gone to dark side Although some consider themselves white or good witches. Prayer is more powerful.
Posted by Richard640
@ 17:02 on September 20, 2017
After that last doom and gloom report on my Uncle John he is back in Key West and actually doing well. Still in bed but talking up a storm and has his “zest” back. Please let the group know. Thanks. Mike
Posted by ipso facto
@ 16:59 on September 20, 2017
He got home a couple of days ago and came upon …………………. his house with not a scratch, no flooding. I told him he must be living right! Said his swimming pool was a mess but that was about all the damage he got. Health wise he seemed in good spirits, looking forward to his cataract surgery so that he can see and then he’ll be able to post again.
Gives a big shout out to all his friends at the Oasis!
The Fed announced Wednesday that it will let a small portion of its $4.5 trillion balance sheet mature without being replaced, starting in October with reductions of $10 billion a month and gradually rising over the next year to $50 billion a month.
The Fed has felt confident to raise rates because it appears to have met one of its key mandates: Maximizing employment. The unemployment rate is just 4.4 percent, near a 16-year low.
Comment: There are 1000 BILLION in one Trillion. $4.5 Trillion is THOUSANDS of billions. Dropping $10 bil/mo to $50 bil/mo is a total joke. Like pissing on a forest fire.
Besides that, 4.4% unemployed is meaningless if the average tax payer wages nationally have not kept up with inflation. That’s the WHOLE reason nobody had any savings built up for a home loan down payment.
Ya have to give it to them, they can keep the SM levitated at will, and they can keep pm’s shackled just as easily. The longer this goes, the more important gold seems to be to the financial system. If it wasn’t, why would they work so hard to keep it on lockdown?
Farmboy – I sold my USLV before the announcement. Fear got the better of me.
Doubling down on my USLV and JNUG. A very Stupid thing to do. But with Yellen announcing she is taking the punch bowl of QE away from the Manic Wall St party the smash dowbnn in PM’s is total BS. <spit>
and surprise, surprise, it is Dollar and SM bullish…PM bearish.
Why bother making us wait, just tell us that PM’s always go down and the SM/Dollar always go up….then we can all be trillionaires and all the CB problems will be solved, as we will spend fortunes daily.
PS
Call me crazy…but this might just all reverse and bite the scum in the arse…lets see.
Posted by Richard640
@ 12:09 on September 20, 2017
to make some coin if it happens and put your money where your mouth is. U got $163,400 to buy 10K shares of SLV? If not, then join this august company of silver punters. But 1st look at these ASTOUNDING open interest numbers in the SLV Jan 19th 2018 call strikes. For a piddlin $3000 u can buy 100 of the $18 calls-that represents 10,000 shares–or spend $1800 for the $19 call–and if u lose part or all of the money, I believe up to $3k in short term losses are deductible.
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Government prosecutors want 27 months in the jail house.