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

Portugeezer

Posted by goldielocks @ 18:06 on June 15, 2019  

Someone’s got you beat.
The longest engagement on record was between Octavio Guillan and Adriana Martinez. They finally took the plunge after 67 years in June 1969 in Mexico City.

Portugeezer

Posted by goldielocks @ 18:00 on June 15, 2019  

Did you get any pictures of the Rock?
I wonder if the UK will no longer have that territory after the BritExit. Seems complicated.

Ps I wonder if you two hold the world record for waiting a few years.

6-13–Martin Armstrong

Posted by Richard640 @ 13:46 on June 15, 2019  

ANSWER: The only time gold has rallied significantly is when the CONFIDENCE in government declines. That was the case during the post-1976 era for people saw inflation as running away. That was because of OPEC creating STAGFLATION meaning it was cost-push inflation that eventually converted to demand-push inflation by mid-1979. I understand that all of these gold-bug analysts have been preaching hyperinflation for decades. The whole Quantitative Easing (QE) was supposed to create $10,000 gold years ago. Here, after 10 years of QE, gold remains trapped in a consolidation.

Gold will be the hedge against political uncertainty and government ONLY when the people reach that critical point of losing faith in government. We are at the 35% level where people believe the government is the number one problem. When that crosses the 45% mark, things will start to become different. This has nothing to do with the quantity of money. Most millennials use their phones to buy things or credit cards – not cash. The idea of gold as a store of value has faded between generations. The worst thing you could do is judge the world by what you believe. Everyone will act only on their own reasoning and belief system.

A gold bank

Posted by goldielocks @ 11:38 on June 15, 2019  

I wonder if they will really back it.

Will Basel-III Changing Gold’s Status as a Reserve Asset for Banks Change the Future?

Protesters agree to lift Newmont Goldcorp blockade in Mexico

Posted by ipso facto @ 10:10 on June 15, 2019  

Mexican protesters agreed to lift a blockade at Newmont Goldcorp’s Penasquito mine on Friday, according to a government document seen by Reuters, ending a standoff that led to the mine stopping production for more than a month.

An official at the Interior Ministry, which issued the document signed by protesters and company representatives, confirmed its authenticity.

Protesters agree to lift Newmont Goldcorp blockade in Mexico

Hong Kongers come here in the US

Posted by Ororeef @ 9:39 on June 15, 2019  

Your welcome ! We know you will create JOBS ! and Wealth for all..Apply for Asylum before the Democrats change their mind (when it works against them.) Get your motor voter registration CARD.. NOW !

Come to “FREE” citys ,not “Sanctuary” citys ..they will TAKE your money in TAXES.Go to LOW TAX STATES .

Your Welcome here ,create jobs and make everyone free and independent of GOVERNMENT ,any Government .

Refuse welfare ..its a trap ! You dont need it anyway ! VOTE for Trump !

Hong Kong Peoples victory

Posted by Ororeef @ 9:02 on June 15, 2019  

Government Caves In. Now they need to remove her from office for her betrayal to the Communists .

A public flogging  is in order  !

Now that the betrayal is exposed Hong Kongers need to protect themselves .1.Get your money out of there.2.encrypt you emails .(Protonmail.com).Buy Gold outside of HongKong .Australia ,Canada,Mattahorn Asset Management …Crypto currency bit Coin in a HARD WALLET .Apply for Asylum in the US under the same Auspices as the couples coming across the Southern Border .This is a legitimate  reason .Come to the uS and bring your money with you ,vote  for Trump ..! He’l protect you !

R6 – That was a good article but it IS Clive Maund after all so a grain of salt may be required

Posted by Buygold @ 8:14 on June 15, 2019  

He states:

 “The US Neocons would do well to heed the old saying “People who live in glasshouses shouldn’t throw stones” – the key to neutralizing them is to dedollarize, collapse the dollar and starve the US military – industrial complex of the torrent of foreign funds that it depends on for its power. The rest of the world knows this and, after making sure that they are able to defend themselves militarily (in the case of the major powers), are taking steps to dump the dollar and push it off its perch. This of course will be a huge driver for gold, especially as most other currencies are also in a parlous state.”

I agree with him here but we really don’t see the wholesale dumping of dollars, even with rates falling and an inverted yield curve. I’m not sure the rest of the world has enough strength or stomach to dismount the dollar.

Current Standings:

Buddha     3-1-1

Gartman   1-3-1

Image result for dennis gartman pictures

Counting on rate cuts to help PMs? With possible zero bound rates round the world, the mkt may take rates down without the FED

Posted by Richard640 @ 7:06 on June 15, 2019  

“The Market is Almost Always Wrong About What the Fed Will Do”: Chart

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