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

Ten Year Spot Gold In Yuan Versus US Dollars

Posted by Mr.Copper @ 15:07 on August 2, 2018  

When you see this chart, it tells you the Dollar and the Yuan are PEGGED, but allowed to fluctuate slightly and occasionally, probably so people think they are separate independent currencies, and natural free market action.

Dollar and Yuan were always around 7 to 1 dollar. When ever or how much they move the Yuan up or down, it’s a microscopic price change re imports exports. The Yuan NEVER gets strong enough to make Chinese people buy or import cheaper USA made products.

Big businesses moved or built or invested tons of money in China, and you can bet your ass they don’t can’t or won’t take a gamble on a “free market exchange rate”. The Game was set up and rigged back in 1979.

Over ten year Gold is up 35% in BOTH CURRENCIES. This is an astounding chart view imo.

http://www.kitco.com/gold_currency/index.html?currency=cny&timePeriod=10y&flag=gold&otherChart=no

FWIW: House Sliced in Half by DEW Lasers in Carr Fire?

Posted by silverngold @ 14:58 on August 2, 2018  

https://youtu.be/rEqaeNWkSDg

Plundering the Serfs

Posted by ipso facto @ 14:56 on August 2, 2018  

LOAD OF RUBBISH Roofer fined £300 for having empty crisp packets in work van because he doesn’t have licence to carry waste

https://www.thesun.co.uk/news/6923245/roofer-43-fined-300-for-having-empty-crisp-packets-in-work-van-because-he-doesnt-have-licence-to-carry-waste/

The Yuan-Gold Peg and the Commitment of Traders Report – Craig Hemke (01/08/2018)

Posted by ipso facto @ 14:45 on August 2, 2018  

https://www.sprottmoney.com/Blog/the-yuan-gold-peg-and-the-commitment-of-traders-report.html

drb2

Posted by ipso facto @ 14:36 on August 2, 2018  

Thanks for the follow up. I imagine Turk is ticked!

Trump should just hold his tweets on this … but you know he won’t

Posted by ipso facto @ 14:34 on August 2, 2018  

New Iran Protests, Clashes With Police Gaining Steam After Week Of Plummeting Rial

https://www.zerohedge.com/news/2018-08-02/new-protests-clashes-police-break-out-iran-after-week-plummeting-rial

Posted by drb2 @ 14:03 on August 2, 2018  

My ORIGINAL EMAIL

Aug 1, 15:18 EDT

Sirs,

By now I am sure you have received multiple inquiries regarding the recently published article depicting Gold Money in fraudulent activity. If not here is the link : http://fatcatinvest.com/caveat-emptor/

I have been considering funding a Gold Money account and am most interested in your response to the author’s claims.

 

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

 

GOLD MONEY Replies:

From: Daniel Cowitz (Goldmoney Relationship Management) <questions@goldmoney.com>

Sent: Thursday, August 2, 2018 6:15 AM

To:

Subject: [Goldmoney] Re: disturbing article

 

Aug 2, 09:15 EDT

Thank you for your message.

This story is completely fabricated. We’ve completed a detailed check of current records and historical archives and can’t find a ‘Francis Reeves’ or a ‘Reeves Francis’ in our system.

In any case, the story itself does not ring true as to how we arrange delivery. There are a number of holes in it. The person who wrote it does not understand our delivery processes.

For the record, we have never heard of Christoph Grizzard or “The Fat Cat Investor”. The domain was registered last year, and the site appears to be a scam site.

I can assure you that your precious metal is physically held in a secure vault on your behalf, and you are able to view the metal if you so wish.

I do hope this have alleviated your concerns, however our Relationship Managers  would be happy to talk further with you should you so wish.

Kind regards,

Daniel Cowitz

Relationship Manager Goldmoney

 

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

 

I REPLY:

Daniel,

Thank you for your quick response to the article I sent you. 

If my memory is correct, I originally viewed the article on Zerohedge’s website.  I would hope that you immediately contact them and advise them of the situation.  I would also expect that Gold Money would want to initiate legal proceedings in order to clear their good name. 

 The Gold business has quite enough problems already scaring off investors – this sort of thing is definitely NOT needed.

 I would appreciate it if you would keep me informed regarding this issue.

Thanks,

Chuck Fipke…..he has donated millions to that BC university

Posted by overton @ 14:00 on August 2, 2018  

I read a couple of other books about him before I invested.   Vale was only interested in  copper and nickel but there was enough gold for an open pit.   I doubt Yemen will ever be a go to place for investing.

 

The other two books;

Ten Thousand Scorpions The Search For THE Queen of Sheba’s Gold

Barren Lands

Yesterday I posted a link to a hit piece on Gold Money and other PM vaulting services.

Posted by drb2 @ 14:00 on August 2, 2018  

Today I received a reply from Gold Money.

I am going to post the (redacted) email exchange here on the Forum as I think (hope) others will be interested.

I find the whole thing very strange.

Bannon: Trump Should Fire Rosenstein Within 72 Hours

Posted by Richard640 @ 12:28 on August 2, 2018  

Why the hatred towards Bannon?  This was the one guy who was trying to keep the President on track, get things done and MAGA.  Instead he fires Bannon and surrounds himself with Goldman alumni and do-nothings like Sessions and you turd munchers cheer him on?  What the fuck is wrong with you people?

*********************************************

Bannon has nothing but good things to say about Mueller, calling him “a good man, a combat-veteran Marine.”

They are NOT good men. They are rotten, dishonorable, corrupt garbage. Stop saying they are good or honorable. We all know they ARE NOT. This shit has got to stop.

**********************************************

Never interrupt an enemy when they are destroying themselves. RR signed all the FISA aps.  Pain is coming!

*******************************************************

The Department of Injustice is a completely captured organ of the Deep State/Wall Street.
So sick of seeing these corrupt and degenerate white collar cucks wandering around like peacocks. Its time to put their heads on some pikes and get law and order in the beltway. A society run by these weasels is on the road to extinction.

Huckabee Sanders Claims

Posted by Mr.Copper @ 12:27 on August 2, 2018  

Huckabee Sanders Claims Playing Cohen Tape Backward Reveals Hidden Message Exonerating Trump From All Wrongdoing

macroman3

Posted by ipso facto @ 11:41 on August 2, 2018  

Sounds like quite a guy. I’ll have to check out his biography. 🙂

Chuck is an interesting dude, just ask him, as said by a friend who encountered him on a remote drill site in a limo with his two high heeled nieces..

Posted by macroman3 @ 11:32 on August 2, 2018  

His biography “Fire Into Ice” is an entertaining read. The Yemen safari (after book was written IIR) I believe had him looking for Cleopatra’s mines.

Terrible drunk, some say certifiably insane but you can’t deny he and Stu Blusson were responsible for the last great rush. Genius in one aspect.

My ex FIL was his personal accountant at one time. I really tried to coax my son in his direction but son wasn’t interested. Too bad, not often you get a chance with a (local) international mining legend.

I think I have too much of this one. Endeavor Silver clobbered on their quarterly results.

Posted by ipso facto @ 11:31 on August 2, 2018  

https://www.edrsilver.com/English/news/default.aspx#2018#Endeavour-Silver-Reports-Second-Quarter-2018-Financial-ResultsConference-Call-at-10am-PDT-1pm-EDT-Today

6 mos chart

http://schrts.co/K1RJPJ

ZH readers on the mkt bounce–[I’m afraid we’re all “doomed to prosperity”–so quit your whining, guys–lol]

Posted by Richard640 @ 11:14 on August 2, 2018  

Anyone paying attention since US markets were Nationalized in 2009 knows that index losses are reversed with 48 hrs over 75% of the time.  US market index prices are predetermined by computer programs.  Free markets are only found in history books

******************************

Dr Strangelove markets: Or how I learned to stop worrying and love the central planners.

XOXOXOXO Simon Potter is soooo smart!!!!!  OMG I just love him!!!!! XOXOXOXO

********************************

NOTHING CAN FAIL

Not even Tesla

Wish I had more of this one

Posted by ipso facto @ 11:14 on August 2, 2018  

Teranga Gold Reports Record Q2 and H1 Production, Raises 2018 Guidance

https://finance.yahoo.com/news/teranga-gold-reports-record-q2-100000740.html

Coeur Mining to Acquire Northern Empire Resources

Posted by ipso facto @ 11:09 on August 2, 2018  

Coeur Mining, Inc. (“Coeur”) (NYSE: CDE) and Northern Empire Resources Corp. (“Northern Empire”) (TSXV: NM) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which Coeur has agreed to acquire, by way of a plan of arrangement (the “Arrangement”), all of the issued and outstanding securities of Northern Empire not currently owned by Coeur.

Northern Empire’s principal asset is the Sterling Gold Project located in Nevada, which consists of four high-grade heap-leachable deposits with a total inferred gold resource of approximately 709,000 ounces averaging 2.23 g/t located on a dominant 143 km2 land package approximately 185 km from Las Vegas within the historic Walker Lane trend. The high-grade Sterling gold deposit is a fully-permitted, past-producing mine with near-term, low-cost, low-capital production potential. The remaining deposits are collectively known as the Crown Block, which contain significant exploration potential, and the land package also includes 17 new targets that remain untested.

cont. https://ceo.ca/@businesswire/coeur-mining-to-acquire-northern-empire-resources

overton

Posted by ipso facto @ 10:59 on August 2, 2018  

“Couldn’t duplicate the drill results”

A problem with nuggety ore. Novo should just start a massive bulk sample instead of wasting money on ineffective drilling. I agree with Moriarty on this one.

Yemen! I can think of better places to be a miner! Watch out for missile loaded drones and trigger happy Saudi pilots.

I have several junior miner shares which are now worth a cent or two on the dollar. I don’t know why I keep them around. Forlorn hope I guess.

Fipke doesn’t have anything to do with ATAC

Posted by overton @ 10:53 on August 2, 2018  

he just staked some claims around ATAC claims.    My bet with Cantex was his JV with VALE and Vale couldn’t duplicate his results.  It didn’t help that the project was in Yemen.  Cantex used large diameter drills and even though the numbers looked good they didn’t agree with Vales more thorough evalution.   Basically it was the same type of problem with NOVO using large diameter drills.

overton

Posted by ipso facto @ 10:37 on August 2, 2018  

Not such a good thing when your CEO is more interested in his horses than the projects you’ve invested in! I’m not really familiar with Fipke, He doesn’t seem to be part of Atac’s management.

With many of the juniors fighting for their existence it’s incredibly distressing to see Co. officers using the mining companies as their own piggy banks.

Having said that … looks like Cantex has drilled some nice looking base metal holes.

Ipso Facto, since you mentioned Chuck Fipke last month……..

Posted by overton @ 10:11 on August 2, 2018  

He’s been drilling on his Rackla  claims (ATAC) this summer and posted some results.

http://cantex.ca/wp-content/uploads/2018/07/2018-07-31-Cantex-Intersects-Massive-Sulphide-Zone-in-Both-of-its-First-Two-Drill-Holes.pdf

He’s into his race horses more than finding any new discoveries.  My one time million plus shares in Cantex has turned into less than 6000. after years of reverse splits.  Anything in that area is 20 years out.

I just checked a dozen golds and silver I monitor-most are slightly green–as gold recovers-now down 1.70

Posted by Richard640 @ 9:06 on August 2, 2018  

for some reason gold has been rising for many months BEFORE FED statements and monthly jobs reports…but no  lasting rally resulted…

https://www.nasdaq.com/symbol/jnug/premarket

Gold was up-at one point=+2.40 overnight=it looked around, got vertigo, and swooned….jeesh!

Posted by Richard640 @ 8:56 on August 2, 2018  

have u noticed for the past 6-8 weeks that during the day gold rarely prints green…and if it does, it stays green only for 5 or 10 minutes?

http://futures.tradingcharts.com/marketquotes/GC_.html

Buygold-with the $ up .370, I’m surprised gold is bouncing and only down 2.20

Posted by Richard640 @ 8:51 on August 2, 2018  

The ADP report is predicting 219K jobs for tomorrow–I wonder if the # comes in under that–like 150–would that spark a pop in gold…other than a 6 or 8 buck bounce that would last for 5 minutes?  Funny, ain’t it, how wall st has “tailored” dialogue to the effect that this level of new jobs is a “solid” number…there used to be 250K-350K job #’s in previous expansions.

Buygold – re: your 12:19 yesterday

Posted by Alex Valdor @ 8:17 on August 2, 2018  

Sorry- I had to leave and was gone until very late , so did not get back online until today .

Yes , that is a valid concern . They could dump large quantities , and shock the prices even lower to cover their underwater futures contracts . We live in a manipulated world .

As Mark Twain once said (paraphrased) ” If you don’t read the news , you are uninformed – if you do read the news , you are misinformed .” That statement is more true today than ever .

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