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

Default on the Federal Reserves debt. Extricate them. Negotiate with the rest. Back the US Gov’t issued currency with silver or gold.

Problem solved, easy peasy.

we got a self funding mechanism called Bit Coin where everyone in the world will fund our corporate money needs..all we need to do is provide the FUTURES mechanism ….Forget about DEBT FINANCING thats a thing of the PAST ..no more BONDS,no more ROTHSCHILD blood sucking the US economy.   WE got BIT COIN..

are part  of a scheme to use bitCoin as an additional source of Funding for corporations without creating an inflationary new money supply  ! I  got it !  and in addition they can prop it up if necessary by buying the Futures Contracts just like they do with the S&P   ..Its a stroke of genius  if they hadent thought of that …I just did !   THEY should PAY ME ! !  Im a genius in my own mind !

Trump To Rollback Deepwater Horizon Regulations

According to the Wall Street Journal, the Bureau of Safety and Environmental Enforcement (BSEE), which is the agency housed in the Interior Department that regulates offshore oil drilling, is proposing a rollback of a series of changes made after the 2010 disaster.

BSEE says that the cuts will save the oil industry $900 million over ten years. The proposal has not been made public, but the WSJ reports that some of the changes include easing rules that require the streaming of real-time data of oil production operations to facilities onshore, which allows regulators to see what is going on. Another rule that would be removed requires third-party inspectors of equipment, such as the blowout preventer, to receive certification by BSEE.

more http://www.zerohedge.com/news/2017-12-27/trump-rollback-deepwater-horizon-regulations

Obviously “Managed Money” (blue line; Hedgefunds and Family Offices?) has built up an almost record short position, right until Silver hit 16.50 $ from the downside.

I like the COT data chart from this source:

https://www.barchart.com/futures/commitment-of-traders

for it shows “disaggragated data” in the lower chart, where swap dealers are shown as a separate category (green line). They seem to have the strongest correlation to highs and lows.

And you can choose up to 20 yrs. chart duration.

GL

you could be right and there is just some short covering in silver before the year ends in the futures market. Maybe after the 1st we’ll see silver have a little pull back I’m not sure.

I do think the shares are being sold today for tax loss, but I’m not sure about that either.

Hey @buygold,

looks like shorts unwinding?

@treefrog

PMs coming close to resistance zones, technically. Buying panic in the shares is ceasing. What if the short squeeze goes on for another little while?

Maybe a move down in Jan., a fine opportunity to pick up mining shares? Even sold some physical ounces to raise money for this.

Cheers, GL

miners moving down.  gotta be some tax-loss b.s. still going on.

Definitely can’t go broke taking a profit. Good luck on the $16’s

I’m hoping we get one of those “light your hair on fire” rallies to start the New Year, I’d expect silver to outperform based on the COT Reports (if they’re real).

Thanks for your input. I sold 2/3 and bought Jan 19 16.00 calls

I’d probably sell them. Course, there’s a lot of money to be made doing the opposite of what I do. 🙂

There’s still a couple more days for anyone looking at tax loss selling. There are a lot of candidates for that in the pm share arena – probably SLV too. OTOH, silver seems pretty resilient right now.

Ye olde monkeywrench!

Christmas Story

These are the long, dark hours when cis-hetero white patriarchs sit by the hearth chewing over their regrets for the fading year and expectations for the year waiting to be born. I confess, I like Christmas a lot, Hebrew that I am, perhaps the musical and sensual trappings more than the virgin birth business. Something in my mixed Teutonic blood stirs to the paganism of blazing Yule logs, fragrant fir trees, rousing carols, and snow on snow on snow. I hope we can keep these hearty ceremonies… that they are not banished to the same puritanical limbo where the Prairie Home Companion archives were sent to rot.

One surviving old chestnut of the season is the 1946 movie, It’s a Wonderful Life, a movie so thick with gooey holiday sentiment, it’s like bathing in egg nog. It’s larded with messages of good-will-to-all-mankind, of course, but some of the less obvious themes — almost certainly unintended — tell the more interesting story about where America has come from in recent history and where it went. One thing for sure: every year that goes by, the America of It’s a Wonderful Life seems utterly unlike the sordid circus we live in now.

cont. http://kunstler.com/clusterfuck-nation/christmas-story/

water in b.c. – southeastern b.c. say south and east of camloops – is sagebrush country.  that doesn’t seem to be the case here.  google earth shows lakes and rivers around mt milligan.  i suspect there’s a shortage of government approved water rather than a shortage of water.

Centerra Gold Provides Operations Update

https://ceo.ca/@nasdaq/centerra-gold-provides-operations-update

I have a couple of Dec 19 15.50 options. I would appreciate any suggestions on how to handle that this week.
My first time doing this.
Shoukd I sell to close this morning?
Don’t worry about giving advice….I shoukd make a little bit no matter what.

re Soros

I 2nd Goldielocks……A he doesn’t have a heart and B, apparently the Devil has been heard to say, he doesn’t want him stinking the joint up either….

This song about sums up your observations since Macroman is on a break.

Even the world’s smallest Gold Train is crowded!
http://www.railpictures.net/photo/639259/