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

scum really working over NEM

Posted by Maddog @ 10:45 on June 11, 2020  

U wonder when the management will call foul…..no normal shares get to trade like this.

If u look at the Vol on an hourly chart. u can see huge Vol spikes on down moves, where vast numbers are having to be sold to keep it down….management should demand to know how many are delivered..my guess is very few.

Scum just came in and hammered the shares

Posted by Buygold @ 10:33 on June 11, 2020  

pretty much across the board.

Not so much the metals though.

That was pretty blatant

NEM 2nd attempt at 50 dma denied

Posted by Buygold @ 10:19 on June 11, 2020  

Third time a charm?

USD starting to lose steam again.

Well Ipso

Posted by Buygold @ 10:17 on June 11, 2020  

From what I’m seeing today, with pm’s actually sort of acting like they should, maybe there aren’t as many morons out there as we think?

Certainly I’d like to start seeing $50-$100 up days, but I’m just glad (and surprised) we’re not getting spanked with the SM.

$8900 sounds good to me.

Buygold

Posted by ipso facto @ 9:55 on June 11, 2020  

People selling PMs in front of a massive inflation got to be either the cretins or ordinary morons!

D’oh!

Posted by ipso facto @ 9:52 on June 11, 2020  

Not as bad of a start as it looked like it would be earlier

Posted by Buygold @ 9:49 on June 11, 2020  

NEM just recaptured its 50 dma, as did GOLD

Very good sign for the HUI if it holds up – that’s a big if though, it’s already been rejected

Here come the droooooolling bargain hunters

Posted by Maddog @ 9:28 on June 11, 2020  

hoovering up Tesla @ $ 35 discount…fill ‘er up and keep filling.

iposfacto

Posted by Maddog @ 9:07 on June 11, 2020  

50 % yup…my wife says a number of items have jumped by that amount, during Bat Clap.

It could be price gauging or inputs…not sure.

Buygold

Posted by Maddog @ 8:51 on June 11, 2020  

Morning

As u say we have a bad problem today, 2nd day and the SM is real weak….scum cannot allow that Bull Pm/Bear SM arb to get going, but where do u put yr money.

What chance do u have of Tesla going to 3000 against the Hui getting back to 600 plus………

Dolly Varden Closes $7.68M Financing and Strategic Investment by Eric Sprott

Posted by ipso facto @ 8:43 on June 11, 2020  

https://finance.yahoo.com/news/dolly-varden-closes-7-68m-120000883.html

Great Bear Drills 31.33 g/t Gold Over 20.55 m Including 576.00 g/t Gold Over 1.00 m at LP Fault

Posted by ipso facto @ 8:42 on June 11, 2020  

https://finance.yahoo.com/news/great-bear-drills-31-33-110000085.html

Maddog @ 1:48

Posted by ipso facto @ 8:39 on June 11, 2020  

“50 percent inflation on food”

Wow that’s a scary number! Around here there’s constant inflation but so far no big jumps like that. The true rate of inflation has been higher than the gov numbers for many years … the hidden tax.

In bars the price of drinks … sometimes the skies the limit! 🙂

8:20am-The Naz is resisting the drop but if the DOW + S&P keep dropping, it’ll join the party

Posted by Richard640 @ 8:36 on June 11, 2020  

-But…but….the “gift thst never stops giving” FED promised to make babys’ boo-boo better for as long as it takes…so why is anyone selling?…snort!

First Majestic Acquires Silver Stream on First Mining’s Springpole Project

Posted by ipso facto @ 8:35 on June 11, 2020  

https://finance.yahoo.com/news/first-majestic-acquires-silver-stream-110010581.html

R640

Posted by Buygold @ 8:00 on June 11, 2020  

Yeah, but that is misleading because those gains were made yesterday after the Fed meeting when the Crimex had already closed. JNUG had some nice gains in the last couple hours yesterday, I think up around 10% or so.

It will be interesting to see if dip buyers come into the pm’s after the initial slam at the open.

Where else will they go? Bonds? Big Tech?

Buygold–Aug gold up 12.80–so what’s the logical thing to do?

Posted by Richard640 @ 7:51 on June 11, 2020  

Why sell JNUG, of course=it’s down 5.87 or 5.8%

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

https://www.cnbc.com/quotes/?symbol=JNUG&qsearchterm=

Morning Maddog

Posted by Buygold @ 7:45 on June 11, 2020  

Yeah, we’ll be told they have to sell PM’s for “liquidity”

No doubt, other than PM’s getting monkey hammered, this is not what the Fed wanted to see the SM do.

Not sure what tools the Fed has left to save the SM other than buying stocks themselves.

scum taking no prisoners….anyone would think there wasn’t a care in the world, looking at PM’s

Posted by Maddog @ 7:34 on June 11, 2020  

This is going to be interesting

Posted by Buygold @ 7:28 on June 11, 2020  

What will pm’s do if the SM starts to crater for the 2nd time?

USD bouncing slightly but not much, bonds rallying, oil getting crushed.

So far pm’s ugly but that was going to either come yesterday or today no matter what the SM did.

I guess they’re blaming the virus and the Fed’s doom this am – whatever dude’s.

 

SM looking weak, so scum revert to plan A

Posted by Maddog @ 7:22 on June 11, 2020  

Dollar goes Bid and PM’s under pressure.

Ding Dong? Maybe…the FANGS aren’t down much at 5:00am-I picked up these jewels yesterday…

Posted by Richard640 @ 5:17 on June 11, 2020  

Asia & Europe & bonds are confirming…fungers crossed…

Filled Buy to Open 200 SQQQ Jun 19 2020 9.5 Call Limit 0.07 14:23:00 06/10/20
 
Filled Buy to Open 200 SQQQ Jun 19 2020 9.5 Call Limit 0.06 14:19:39 06/10/20

Gold Train

Posted by Maya @ 2:23 on June 11, 2020  

rrflasher-copy

The old is new again.  Next stop… Pottsville.
https://railpictures.net/photo/734236/

 

ipsofacto

Posted by Maddog @ 1:48 on June 11, 2020  

re inflation…dunno about the US, but my wife tells me lots of our food is up by 50 % recently. Of course no mention in MSM and no doubt the ‘official figs’ will not show it.

I use a simple method…a round of drinks for two…not long ago u got change for £ 5 note. now no change, from a £ 19 note….and that was when they were open.

Buygold

Posted by Maddog @ 1:23 on June 11, 2020  

The scum are back all right…classic o/n action…just a constant drift down. scum on the offer non stop.

Again Bonds bizarre, more worried about SM falling, than unlimited borrowing/printing.

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