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. ~~~~~~~
In an interview I did last weekwith USA Watchdog’s Greg Hunter, I came across as a lukewarm gold bull. Although many of those who commented apparently agreed with my grim deflationary scenario for the global economy, the negative implications this could have for gold did not resonate with Greg’s audience.
In fact, I see significant appreciation potential for gold, although not to the celestial heights that some seers — most visibly Jim Sinclair, who has been predicting $50,000 an ounce more or less forever — envision. The chart (inset) shows a logical pathway to $2277, a target that in my estimation would become an odds-on bet to be reached if Comex futures can close for two consecutive months decisively above the $1661 ‘midpoint Hidden Pivot’. They have already tripped a theoretical buy signal to this number at $1354 (the green line), making it no worse than a 50-50 bet to be reached.
Dick’s CEO Okay with Company’s $150 Million Loss over Gun Control Stance
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Dick’s Sporting Goods CEO Ed Stack is okay with his company’s loss of $150 million because he believes the stance for gun control was worth it.
Bloomberg.com reports that Dick’s lost “about $150 million” after coming out for gun control, yet Stack continues to stand his ground. He addressed America’s gun policy, saying, “The system does not work. It’s important that when you know there’s something that’s not working, and it’s to the detriment of the public, you have to stand up.”
On February 28, 2018–two weeks after the attack on Marjory Stoneman Douglas High School–Dick’s announced they would no longer sell “assault rifles” or “high capacity” magazines. They also raised their minimum purchase age for long guns to 21.
On April 17, 2018, Breitbart News reported that Dick’s would not be sending unsold “assault rifles” and “high capacity” magazines back to manufacturers. Rather, they would destroy them.
By late August 2018 sales reports indicated Dick’s gun control stance was hurting business, but instead of doing away with anti-gun polices Dick’s expanded them by scaling back on hunting gear as well. Dick’s also announced they might have to close upwards of 35 stores nationwide, but they continued to stand their ground on gun control.
On March 13, 2019, Breitbart News reported that sales had dropped precipitously enough that Dick’s would be pulling all guns from 125 stores nationwide. CEO Stack admitted the company’s gun control stance was hurting business but offered no indication that Dick’s plans to reverse course.
We. all know of Hitlers hatred for commies-in 1933 when he became chancellor he rounded up 4000 commies and put them in camps–most of them died…the left better be careful here and now in America lest another Hitler arise….look at what the commie NYC mayor just did:
New York City officials are forking over an additional $1.6 million to city public defenders to represent illegal aliens who are facing deportation, officials announced Thursday
New York City Mayor Bill de Blasio and New York City Council Speaker Corey Johnson agreed Thursday to provide the extra $1.6 million towards the New York Immigrant Family Unity Project (NYIFUP), a city government-funded program that supports lawyers defending illegal aliens going through deportation proceedings.
The $1.6 million funding allocation is on top of the $10 million the city already set aside for these lawyers. New York City’s public defenders, however, advocated for $6.6 million in additional funding to address the backlog of illegal alien deportation cases, the New York Daily Newsreported.
“This emergency funding will help us provide more attorneys to New Yorkers in need,” Johnson said, adding:
This is crucial right now as the ICE deportation machine has ramped up efforts to interfere with the necessary work NYIFUP is doing by pushing people through the system with zero regard for due process. I will continue to fight these un-American and horrific immigration policies.
Astrology of the Titanic. Data: April 10, 1012 @ 12:15 p.m. GMT from Southampton. The horoscope contains most of the classical warnings of disaster: a void-of-course Moon; a malefic (Neptune) in the degree of the Nodes and square them; the Sun (Captain) conjunction the North Node; Mars, ruler of the 10th house (destination) inconjunct Uranus, ruler of the 7th house (voyage); a retrograde Mercury in the 10th house; Saturn, symbol of sinking is intercepted in the 10th house. A brief look at the situation:
The Sun in Aries describes Captain Smith as optimistic and a man overly anxious to set a new ship’s record for speed but with Sun applying to square a 12th house (submergence) Neptune (icebergs) he was highly insecure with a weak sense of reality to appraise risks accurately. His legendary skills of leadership were not in evidence on this voyage, as recorded by survivors, making the “fact” below curious.
“FACT: The Captain, Edward Smith, was one of the most decorated Captains of his time and it would have been totally out of character for him to avoid precautions.”
From the captain’s background it would seem incongruous for a man with a distinguished record to collude with those wanting to sink the ship. So I question the legitimacy of the article.
as much as $4000 for title insurance—6% RE commission–then the confiscatory property taxes–town-school etc–and every few yrs they go up to pay the lavish pensions. of the retired bureaucrats/parasites
Explain CO legalization of weed for example. No crime or bad things are emerging. Homeless people are an eclectic mix, mostly veterans, mentally ill (where did all those people from Zeller Zone go?) and uninspired nonconformist. Blame the damn pharmy companies for getting people hooked on opiates! Look at alcohol companies too, there’s the root of the problem. We also have a problem with homelessness b/c you can’t even buy a damn 60 year old double single wide trailer for less than $200k. What did you expect to happen? When the govy allow scumbag relators to pump RE into the heavens with thier rip off 6% cut every time they sell a cradboard box it’s going to be ugly. So RE has this power and control from the LAWYERS dude. Tell me why RE salespeople (used car salesmen) deserve this kind of $$$$$$$$$????? geezsus. I predict the next Lyft stock is going to be an internet-based RE sales tool and all the RE crooks get flushed just like taxi drivers.
The worst part is the homeless camps on the streets all over the place. But it isn’t due to just homelessness, it is due to drugs. MOONBEAM Jerry Brown got what he wanted, he tricked the voters into lowering the prison sentences for drug addicts. What he didn’t tell the people is that he just wanted to flush out the overcrowded prisons. So he let them all out! Now they are living on the sidewalks and stealing anything that isn’t nailed down. They piss in your yards, and shit on your porch.
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Democrats. They ruin everything!
Then they move on to the next state and 10-20 years later it is a hellhole. Portland and Seattle are good examples of pure shit. Seattle is going under from the filth the homeless have caused. Cops don’t even touch them now unless they hit somebody. They let them piss anywhere, and crap all over the streets, and do drugs in the open. No arrests for that. So it is wildly out of control and people are screaming at the politicians who do zero!
Went there once 25 years ago to check it out…gray skies, gray water, gray plants, no sun, cold rain, ugly, traffic, worst attitude by people I ever saw….in one day I was ready to go home. Stayed 4 days and couldn’t wait to get home. Most of them were from CA, and they wanted to keep any more of them from moving there. Now it is full of them and the place is a giant cesspool with terrible traffic. Never go there again. It is depressing and people are leaving as fast as they can.
I live in Virginia and California has come there too. Here’s a reality, we have been up to our ass in illegal immigration for decades, thanks to the fucking 1986 amnesty. It has accelerated from H Bush through Obama. In the suburban areas around the DC Swamp, Virginia is home to the latest surge of Obama’s million child march to come to Baby Momma living in the suburbs of DC. The taxes are swelling as the cost of educating that bundle of DACA joy is over 11,000 per ESL little future Democrat voter. The school system budget is always in the red. The cost of living has skyrocketed.
Not coincidentally, Virginia is now a blue state.
13 minutes ago
Who cares? I enjoyed So.Cal from the Mid 70s to mid 80s but saw the trend. Even nice beach towns started turning to shit with Mexican spray paint showing up on walls.
*The large specs increased their long positions by 857 contracts and reduced their shorts by 2,022 contracts.
*The commercials decreased their longs by 1,190 contracts and increased their shorts by 3,604 contracts.
*The small specs increased their longs by 2,490 contracts and increased their shorts by 575 contracts. The commercials are net short 48,500 contracts. There has been no sign of anything but the JPM crowd getting more short.
Gold
*The large specs increased their long positions by 10,122 contracts and decreased their shorts by 21,223.
*The commercials reduced their longs by 25,503 contracts and increased their shorts by 10,272 contracts.
*The small specs increased their longs by 10,277 contracts and increased their shorts by 5,847 contracts.
The commercials are net short 151,400 contracts. The 36,000 increase in new commercial shorts took place since FedSpeak … on that theoretically bullish news for gold. The increase in small spec longs is the largest in memory.
I have learnt over many years not to pay any attention at all to anything any gold commentator has to say, unless his name on on my most trusted list. Just about all commentators are now in a feeding frenzy about the the significance of 29th March 2019 as the implementation date for section 96 of the BIS document referenced in yesterday’s MIDAS. Can anyone point out the date of 29th March 2019 in this document? I can’t sight this date, and the more I study the document, it appears to me that the suggested implementation date is 1st January 2022. All Basel111/BIS documentation is merely advisory, however, and in many places appears the rider “local regulators may……”
On the other hand, the Basel 111 framework “The Liquidity Coverage Ratio’ was promulgated in January 2013. and in paragraph 10 there is a phasing timetable with 100% fully phased implementation on 1st January 2019. From paragraph 45 onward there is a detailed discussion of what is encompassed by the term HQLA (high quality liquid assets), and gold is not specifically mentioned-not at all.
I would be more than grateful it someone could point out the authority for the specific date of 29th March 2019 as the implementation for the BASEL111 recommendations re vault gold. On another note let us examine the actual wording of section 96 of the Basel 111 document, Finalizing Post Crisis Reforms: a 0% risk weight will apply to gold bullion held at the bank, or held in another bank on an allocated basis to the extent that the gold bullion assets are backed by gold bullion liabilities.
Illegal Alien Gets Life in Prison for Raping, Beating Muslim Teen to Death
A young illegal alien has been sentenced to life in prison for brutally attacking, raping, and beating 17-year-old Nabra Hassanen to death in the sanctuary city of Fairfax County, Virginia.
Darwin Martinez Torres, a 22-year-old illegal alien from El Salvador, was sentenced to life in prison without the possibility of parole for murdering Hassanen in June of 2017. Last year, the illegal alien pleaded guilty to raping and murdering the teenage girl.
As Breitbart News reported at the time, Hassanen and a group of fellow Muslim teenagers were eating at a nearby McDonald’s when they left and started walking back to the All Dulles Area Muslim Society (ADAMS) Center. According to police, Torres started following the teenagers.
Soon after the teens noticed Torres, the illegal alien jumped a curb with his car and got out of his vehicle and started chasing the teens while wielding a baseball bat.
Torres was able to grab Hassanen and began beating her with the bat, before ultimately putting her in his car, driving to a neighboring county, raping and murdering her. The illegal alien took her body to a nearby pond and dumped her there for the authorities to later find.
Fairfax County became a sanctuary city last year, whereby local jails and law enforcement are prohibited from turning criminal illegal aliens over to the Immigration and Customs Enforcement (ICE) agency for deportation.
For the past two years, the establishment media has buried Torres’ illegal alien status in reports. Associated Press and local media reports on the case, for example, called the illegal alien “Sterling man” in headlines, referring to the illegal alien’s Sterling, Virginia residence.
The Washington Post, similarly, failed to mention Torres’ illegal alien status, only mentioning once that he is from El Salvador.
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