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

Good points you brought up except for the healthcare and extreme taxation killing living standards.

I can’t help myself but to blame all the peoples problems on the trade deficits , importing ten times more than exporting for decades.

I see the healthcare and extreme taxation as results of globalization and imports after 1975. Multinational businesses, the “green” hoax, and global philanthropists objectives have WON. Nothing left here to win anymore.

THAT’S why their Media keeps complaining  about no wage USA inflation. We can’t afford to support them anymore. They took the cake, and they even came back for the crumbs, when they handed out all those big loans to people with no jobs, just to keep us spending at Home Depot and Lows etc, and various other false occupations created.

Look how many people lost money on Fanny Fready stocks, the alleged AAA Bond buyers etc etc.

We are witnessing another shakeout-no wonder no one gets on board G&S rallies-I will be adding 300 Feb18  SLV 15.50 silver calls…probably–

G&S to da moon!! The U.S. dollar up? What! Me worry?

Why should I worry when I have an army of worriers out there doing it for me!

Haven’tcha heard? it’s the everything bubble! G&S are just late to the show–like the runt of the litter: sucking the hind tit.

especially for the weekend.

Meanwhile the SM cruises on, to another day of records….serious talk that S&P could double from here to over 5000 !!!!

California Moves One Step Closer To “Mileage Tax”; Could Require Tracking Your Cell Phone Movements

http://www.zerohedge.com/news/2017-12-13/california-moves-one-step-closer-mileage-tax-could-require-tracking-your-cell-phone-

Barrick – ABX the first domino to fall. NEM and GG can’t be far behind.

They’ve got everything perfectly under control

Numbers out, by Dollar and SM, Sell PM’s..

Odds on this happening every time, are not quantifiable.

and the predictable pm hit – probably going to get worse

Groundhog Friday

If u do catch one, staying on board is even harder–yesterday was a perfect example of a “shake out”….still too early to say for sure, but I think the mysterious “switch” has been turned on–there is little downside in PMs for now–the dollar index can slowly drift up without negating the rally but any big upside moves probably would. Then there is the seasonal–Dec-Jan–factor.

despite the flat USD

Shares not really confirming yet though

Sure would like to see the mother of all short covering rallies, which is way overdue

But we need PEOPLE to be doing great again.

I agree with you and the standard of living is falling. I blame this on the gov’t takeover of healthcare and extreme taxation.

The inflation numbers of course are a fraud. They never account for the increase in healthcare, and while gasoline, food and clothing have stayed steady, cost of housing has risen.

The Fed thinks they can counter this by elevating the SM. Maybe for some but not for all.

I do think wage inflation is coming but I don’t think it will be enough to cover the real inflation that we’re going to see when commodities finally bust loose

This is going back 2 or 3 years.  I opened up a Blockchain wallet.  With all this going on I type in my 32 figure address and password.  Account came up and shows my balance which is 0.00 since I never bothered to purchase.

The other day I noticed BTC was down over -$1,000… -3.5%.  I was just thinkin’ (always a dangerous thing to do) if that happened to the DOW it would likely be called the ‘end of the world’.

Well I got my niece married off in Hawaii, and left her with memories for a lifetime.  They went back to 17 degrees F. and five inches of new snow.   Now I have some elder care for the weekend, and next week the next crop of visitors arrive for the holidays.  Also booking friends for January visit…. sheesh….   everybody wants to visit Hawaii in the winter.  I wonder why?

Nothing like steam heat on a cold morning.
http://www.railpictures.net/photo/640545/

Hi thanks for the comeback. Granted some businesses are doing great. But we need PEOPLE to be doing great again.

I know several auto repair business owners that are doing great, as they and their partner, the green gov’t we have, hammer the crap out of customers at vehicle inspection times.

The check engine soon light. It’s welfare for auto mechanics. They won’t inspect a perfect running auto with that light on. You gotta hear about the BILLS some people get after a check engine light comes on.

My own daughter in law had a nice ’03 Caddy northstar engine. The light came on because the transmission was not going into lock up. 2-300 more RPM at highway speeds. So what?   Who cares? The green gov’t cares.

Either a new transmission $3000 (welfare) or no inspection sticker. They think everybody in NY is wealthy. She had to junk the car. They all have pockets of cash. Under report income. Auto body shops too. loads of cash.

There will NOT be any wage inflation. Except maybe in unionized civil service tax absorbers. Livable standardized wages have to be mandated for non-union people like in the 1930s. Today that would require $25/hr. That automatically would raise all other wages.

It would be like a tax increase for businesses. The artificial low wages are like a tax break or subsidy. Lets face it. Businesses have to put up with all kinds of upsets. Higher fuel costs, sometimes higher electric costs, higher supply costs higher rents etc. Why can’t they handle a high wage cost? Everything costs what it costs and they pay what it costs.

They need to pay entry level people what they costs them to live, in an entry level studio apt, an entry level 15 year old Toyota, three modest meals a day, and 20% left over for fun.

When I was a kid, it was understood at 18 years old your expected to go on your own. 3-4 years out of high school your supposed to be married and having 1 or 2 kids.

In terms of the economy, if my company is any way of measuring, we are going gangbusters both on the gov’t and commercial/industrial sides of the business. Mining is a little slow but food and nuclear are going ape sh!t.

I think wage inflation is coming as well as inflation in everything else. On top of the healthcare inflation, that will be tough to deal with. JMHO

As we noted yesterday, investors have been dumping silver at a rapid-fire rate lately, with some attributing the abandonment to the rise of bitcoin. Whatever the motive, the latest Commitment of Traders (CoT) data shows large speculators reduced their net long exposure on silver by nearly 28,000 contracts in the week ended Dec. 5 — the biggest one-week decline ever recorded, per Schaeffer’s Quantitative Analyst Chris Prybal. Below, we take a look at how silver tends to perform after these rare signals.

Regarding CoT positions on silver, there have been just seven weekly declines of more than 20,000 contracts ever, according to Prybal. The last signal of this kind happened in May 2017, and prior to that you’d have to go back to June 2015, which marked the first signal in nearly a decade.

In conclusion, if past is prologue, silver futures could be on the upswing soon. It’s also worth noting that January and February tend to be the best months of the year for silver, with the  iShares Silver Trust (SLV) averaging monthly gains of 5.3% and 5.1%, respectively, since inception. At last check, the front-month silver contract was fractionally higher at $15.89 per ounce, off recent five-month lows as dollar-denominated commodities move higher following yesterday’s Fed rate hike.

I’m hearing new car showrooms around here are very quiet the past two months. I’m also seeing more and more people all at the same time, trying to unload  the more expensive homes. Lowering their asking prices.

The media tells us there is a shortage of houses for sale, but neglect to say the shortage is only in the lower priced affordable homes in top notch condition. There are TONS of expensive houses for sale. No shortage there.

There are also tons of cheap run down rotting old unmaintained houses in minority areas with many foreclosures and twice as many pre foreclosures as houses listed for sale.

With an economy this humbled, and only 4% unemployment??? Something smells fishy. Btw, there are only two things that smell like fish. One of them is fish. Figure out the other one.

Only as strong as the gov’ts ability to collect taxes. Well the gov’ts ability to collect taxes must be impaired, because it resulted in a $19 Trillion of borrowed money.

Also they say, a high interest rate is the sign of a weak currency. (to attract lenders or bond buyers) Well from what I see the US pays the highest bond interest rates compared to Europe and other countries. Eh??

The US Economy is only as strong as the lowest paid entry level employees. Or only as strong as the taxpaying public. Note, $19 Trillion of built up debt, do to inability for gov’t to raise enough taxes to pay the expenses of the under paid burdens, and pay the expenses of all the tax absorbers slopping at the gov’t trough.

To me looking around my area and what I read? Its like the 1930s with all kinds incentives and gov’t projects going on all over. Things being done that are not needed. Also the artificially low rates are because weak unaffordable salaries to buy houses and cars and consumer products from “Japan.”

Your opinion is as good as anyone else’s. I’ve been hearing the USD would collapse since 2002.

They have a nice fiat game going all these countries – worthless paper for real goods.

6 bucks down on Au…on the back of ???????

I guess with the SM down…..no way would the PM’s be allowed to stride out…effing Rig.

gotta hit the shares a bit into the close otherwise it wouldn’t be a normal day.

Well if the USD does start to slide I just hope it has a positive impact on pm’s

I notice the ten yr rates slid again after being up earlier today.

It sure is. Looks kinda ugly on the five day chart.

http://quotes.ino.com/chart/?s=NYBOT_DX

Maybe somebody heard about the petro-yuan? 🙂

$10,500 up month. Tired of the BS treatment from the matrix. The bankers are laughing no matter what.

all from an “asset” that isn’t “mined” that you can’t hold or see, based on faith, free of checks and balances, oversight or regulation.