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

All the Banks will be adopting BlockChain tech as a cost savings,but they dont want you to adopt it because you wont need the Banks at all ! you wont need a middle man to secure your money that charges enormous FEES to do it.The Banks will cut their payroll costs because BlockChain secures them without people being employed.

Its a developing tech and 90 % will fail before its usefull to the public .In the meantime learn all you can ..risk little….

APMEX is now taking bitcoin.

rno

After pumping billions into Grasberg copper-gold mine in Indonesia for almost 25 years, Rio Tinto (ASX, LON, NYSE: RIO) might finally be about to see a decent return as the country’s government said Tuesday it plans to acquire the miner’s 40% stake in the coveted operation.

The move comes as Grasberg’s operator, US-based Freeport McMoRan (NYSE:FCX), agreed in August to divest 51% of PT Freeport Indonesia to the country’s government. But until today, it wasn’t clear what would happen to Rio’s interest in the mine.

cont. http://www.mining.com/indonesia-grab-rio-tinto-stake-grasberg-mine/

Gold just popped from up a buck to up five–NOW, GET THIS-for the 17 seconds it took for gold to rise to +5, JNUG was being sold…as, I would guess, were other PM stocks/etfs–that ‘s gotta be some algo that kicks in…well, barring the start of war with NOKO, that’s gotta be it for the day for PMs…

https://ceo.ca/@nasdaq/sabina-gold-silver-reaches-major-milestone-to-advance

Vote! Vote!

Belo Sun Reports That the Federal Court of Appeals Has Ruled to Uphold the Suspension Order Against the Volta Grande Project Construction Licence

http://www.marketwired.com/press-release/belo-sun-reports-that-federal-court-appeals-has-ruled-uphold-suspension-order-against-tsx-bsx-2242785.htm

Coming into December Lows?

Still I will be happy with a double digit gain for the year in Gold  …….  if we can hang on to it …….

Better returns in USD than CDN,  but hey ……  times are tough …….

Not nearly as tough as the Haligonians  that had to endure the second largest man made explosion of all time  (2nd to Hiroshima)  100 yrs ago today

https://maritimemuseum.novascotia.ca/what-see-do/halifax-explosion

Morning Friends

Winedoc

Renko charts are similar to Point & Figure charts in that they dont record every move just advances or declines thats why the dates seem to be oddly spaced .This chart starts jan 1 2016  ends today12 6 2017.when constructing the chart click on “inspect” at the top to get an exact date .Something I discovered is that a moving average of 8 always works with Renko charts to identify change in direction ..Dont ask me why it just works very well ! along with “price labels” and a change in block color ….Lots of math going on in this type of chart ..

I’m no expert either but 30 days is right. Less you have favorite stocks only you can buy other stocks before then then move over after 30 days. They might not get you for the wash on first tax loss but when you sell the stocks you bought back for the tax loss and they see the dates they could get you then maybe with interest.Same with futures.

because next year you ain’t gonna have any ….Thats why Silver & Gold arent doing anything…but that will soon be over make the most of it so you will have some cash because bottoms will come probably on the 19th of JANUARY like they did last year …It took a lot of courage to see that bottom and ACT on it and yes I caught  it just right ..The dates are important and turns occur at or near the turn dates ..remember this if the Markets are at record highs they will turn on the same dates just as when they are at RECORD LOWS watch the turn dates for a change in direction ….just as I said about OCTOBER ..if the Market dont turn down by NOV 7 ,it aint gonna ..and it didnt (DOW)..January will show us whats to expect for the rest of the year ..not the exact date ,but darn close to it …If I recall correctly you need to wait 30 ? days after a sale for tax reasons to establish  a loss and re enter the same stock otherwise its called a “WASH” sale and you be denied the loss .I am not an accountant ,but thats what I recall ,so check on that yourself …Thats why Silver will pop I think about Jan 19 or so ..the 30 ? day wait time will be over …Please correct me if Im wrong about that …I dont do my own TAXES ,my CPA does it.So I may not be up on that…

I found this please verify with your own account  …  https://www.marketwatch.com/story/understanding-the-wash-sale-rules-2015-03-02  I may be wrong on the 30 day wait ,it may be 61 days according to what I just read,check it for yourself…

http://schrts.co/J2BmtA

Plexiglass Is Racist In Philadelphia

http://www.zerohedge.com/news/2017-12-05/plexiglass-racist-philadelpia

If the cretins take silver down to $14 or $15 bucks then the physical offtake will kick the riggers right in the cajones. JMO

Nearly Insolvent Illinois Just Issued AAA-Rated Bonds Via This Shady Goldman Sachs Financing Structure

So what do you do when you’re effectively a junk-rated credit risk but you need to sell another bond deal to keep your ponzi scheme going a little longer? Well, you turn to Goldman Sachs to help you engineer a shady corporate structure that supposedly gives new bondholders first dibs on sales tax revenue (i.e. you prime other unsecured bondholders)…which is just clever enough to fool the rating agencies into giving it a AAA-rating but, as analysts and investors point out, is unlikely to mean much of anything in a bankruptcy scenario. Per the Wall Street Journal:

more http://www.zerohedge.com/news/2017-12-05/nearly-insolvent-illinois-just-issued-aaa-rated-bonds-shady-goldman-sachs-financing-

Wow, you’re very observant. I didn’t think of all those extra things. I have discussions often with people, and most of the time, their opinions are what they heard and learned from the mass media.  I right away tell them, “you are repeating what’s on the news”

The lie they repeat the most? Raising the minimum wage will kill jobs. No, globalization kills jobs. Raising taxes on store fronts, then land lords raise rents, then store owner gives up, close down and kills more jobs, civil service tax absorbing jobs are to generous.

The Media will NEVER say we can’t give police and teachers a raise, it will kill jobs. If the minimum wage was $3/hr, it would create MILLIONS of jobs. Each person would need 4 jobs. 🙂 Many citizens would open thousands of businesses to capitalize on that.

Hire at $3/hr and charge $6/hr.

but you have 30 years saying you are Right On .

I don’t know what silver would do in a crash but I have a feeling in the crash that’s coming there’s going to be a whole lot of things that go “no bid”

The one thing I agree with Jim Rogers on is that the next crisis will be worse than anything any living human being has experienced.

I think we’re finally starting to see cracks in the SM. There’s a lot of selling under the surface right now and the algo’s are starting to get overwhelmed – JMHO