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

Gold rallies $8 and NEM is up 10 pips,,,,basically unch.

Posted by Maddog @ 11:10 on June 4, 2020  

scum selling all bids in NEM.

scum take the General to down on day..gotta get Hui looking crap.

Posted by Maddog @ 11:00 on June 4, 2020  

My money says not one of those shares sold will be delivered ….the Miners should demand the SEC give back all their salaries….

and of course SM now making new Hi’s for day and during Bat Clap/Riots…what are they, they don’t exist in scumland.!!!!!!

Classic 1st hour for PM stox

Posted by Maddog @ 10:36 on June 4, 2020  

scum smashed gap openings back to Unch and then held them there, or close, so down bars all over the place, despite gap up openings,,,,

Happens almost every time we gap up, the odds on that the being normal, would be ridiculous.

Hochschild Mining to acquire Antelope gold project in Nevada

Posted by ipso facto @ 10:16 on June 4, 2020  

EMX Royalty (NYSE: EMX) (TSXV: EMX) announced the execution of an option agreement for the Antelope gold project in Nevada to Hochschild Mining PLC (LSE: HOCM).

Hochschild to acquire Antelope gold project in Nevada

Rates rising everywhere apart from Italy

Posted by Maddog @ 10:13 on June 4, 2020  

as lending yourself billions now considered good news !!!!!!

Maddog

Posted by ipso facto @ 10:09 on June 4, 2020  

Got my fingers crossed. I wouldn’t mind a bit if this little decline is done!

Scum may have other plans.

Bonds and Notes falling apart…looks like no bid….that is NOT part of the scum’s plan.

Posted by Maddog @ 9:53 on June 4, 2020  

5’s and 10’s down 10 % each already….ouch !!!!!!

ipso facto

Posted by Maddog @ 9:52 on June 4, 2020  

Not sure if it’s safe, as ECB going ape, will mean scum have to make it look a good thing etc,….SM up, PM ‘s down etc…usual pack drill.

Is it safe to come out of the bunker?

Posted by ipso facto @ 9:41 on June 4, 2020  

I was just looking around down there …

treefrog

Posted by ipso facto @ 9:30 on June 4, 2020  

What news? 🙂

I think this is what I meant to post:

Schwab-TD Ameritrade Deal Gets DOJ Approval: Report

https://seekingalpha.com/news/3580389-schwab-gets-doj-approval-for-ameritrade-deal-cnbc

Morning Buygold

Posted by Maddog @ 9:27 on June 4, 2020  

I wonder if Lagarde asked the Germans about that money…last I checked she was told not to create anymore, by the German Constitutional Court, as they consider it illegal…..so now we have a CB creating money with no backing worth jack……hello Weimar.

ipso

Posted by treefrog @ 9:14 on June 4, 2020  

that schwab/ameritrade news was dated november 21st

Chris Vermeulen

Posted by ipso facto @ 9:13 on June 4, 2020  

GOLD & SILVER “WASHOUT” – GET READY FOR A BIG MOVE HIGHER

Gold & Silver “Washout” – Get Ready For A Big Move Higher

I guess this is why the USD dropped a bit – makes no sense though

Posted by Buygold @ 8:14 on June 4, 2020  

Euro Surges After ECB Expands Emergency QE By €600 Billion To €1.350 Trillion

“The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion.”

DOW jumps back up 100 pts. – USD goes negative

Posted by Buygold @ 8:11 on June 4, 2020  

G & S slipping a bit with the Crimex on deck.

Pretty weird action unless you’re a scum controlled algo

Bounce today?

Posted by Buygold @ 7:48 on June 4, 2020  

Wonder if the scum will allow us to hold $1700?

Sorry to see silver not hold $18.

Shares need a big bounce before the jobs report tomorrow.

Funny that we’re now bouncing with the USD up this am.

Richard640 @ 18:29 on June 3, 2020

Posted by Ororeef @ 1:53 on June 4, 2020  

I was there in 1970 bear that lasted into 1974  ….I got back in Jan 1975 ..I had a Broker friend I hadent spoke to for a few years..I looked at the bottom in jan 1975 ..I walked to my office to pick up the wall phone to call my broker ..I reached for it ..when it RANG  ! It was Wesley my old friend and broker  I hadent bought a stock in 3 years,as I had just started a new Business in 1970 … After 3 years he said to me “Do you SEE what I see ?  We both got back in the Market that DAY ? I had a Great RUN until 1987  ….12 years of bull Market….made 5,000 % ….on my 1975 investment  ….The late bull market of the 60’s was ending in 1969 and was followed by the 1970 -1975 Bear Market…The Dow bottomed somewhere near …..600……P/E ratios were like 3X earnings   .I went “bottom fishing ” for cash loaded stocks ..I found  one stock that had $11.00 per share in CASH in the Bank and the stock price was 5 1/4 …….I rode that sucker up to $56 .00..haha ..I bought Circuit City at .60   had 5 splits  and sold at $56.00 ….I feel the same way about Gold ..now,,washed out …

Gold Train

Posted by Maya @ 0:33 on June 4, 2020  

rrflasher-copy

Over the mountains and thru the woods
https://railpictures.net/photo/733152/

 

Sorry gang about the caps but I’m too tired to retype them–interesting action tonigh in u.s.futures and asian markets

Posted by Richard640 @ 22:50 on June 3, 2020  
DOW FUTURES OPENED AT 6 PM AND WERE UP ABOUT 120==THEY BEEN SLOWLY ROLLING OVER AND ARE DOWN 72 PTS—I LOVE THAT SEQUENCE BUT THERE IS NOOOO NEED TO POP ANY CHAMPAGNE CORKS YET—FUTURES COULD BE SCREAMING TO THE UPSIDE BY MORNING…Asia is not reflexively following the U.S. market—Asia opened strong but has given up most gains but is still green

 
–THIS IS EXCITING=THE NIKKEI IS UP 63 BUT THAT’S ABOUT 250 PTS OFF ITS HIGH—the Hang Seng is about 270 pts off its high…the STI [SINGAPORE] has plummeted off its high….and Shanghai rolled over and is slightly red…fungers crossed

 
NIKKEI
 
HANG SENG [HONG KONG]
 
SINGAPORE
 
SHANGHAI

First Mining Signs Definitive Agreement with Treasury Metals to Combine the Goldlund and Goliath Gold Projects in Ontario, Canada

Posted by ipso facto @ 20:11 on June 3, 2020  

https://finance.yahoo.com/news/first-mining-signs-definitive-agreement-200500919.html

Ororeef

Posted by ipso facto @ 19:05 on June 3, 2020  

“better to run with the wind at your back”

I’m grokking. 🙂

Nothing in the past feels like this, not the Vietnam War, Y2K, Dot.Com bust, real estate crash, 911, etc

Posted by Richard640 @ 18:29 on June 3, 2020  
Markets disconnect from reality is epic.  I am anticipating very bad news at end of second quarter, then a long hot summer with millions who have nothing to do, taking to the streets all summer long.  I’ve been through economic downturns about every 10 years since 1970 when Boeing laid off 2/3s of its work force here in Seattle and the billboard went up saying “will the last one leaving Seattle, please turn out the lights”. Nothing in the past feels like this, not the Vietnam War, Y2K, Dot.Com bust, real estate crash, 911, etc.  Now, millions of people cannot make a living due to corona virus lock down, bureaucrats who have no knowledge of business set arbitrary rules of business operation, expecting a restaurant to survive at half or less capacity etc. as an example.  Shutting down marinas and parks given what we know about the virus seems ludicrous. In my mind the riots are not about the unlawful death of Mr. Floyd but the result of oppression people unconsciously feel over the shut down of their businesses, livelihoods and way of life with no end in sight. His death just became the excuse for rebellion. The Fed propping up the market can only last so long before the giant bubble bursts, when I don’t know, but it will when reality finally rears its ugly head and there is nothing the Fed can do to hide it. 

Thanks Oro–nice chart–try this on for size…

Posted by Richard640 @ 18:02 on June 3, 2020  
Gold and Silver moved lower early on June 2nd and 3rd. Our research team believes this is a “Washout Low” price rotation following a technical pattern that will prompt a much higher rally in precious metals. This type of washout price rotation is fairly common before very big moves after Pennant/Flag formations or just after reaching major price trigger levels. With Gold, a sideways Pennant/Flag formation has been setting up near our GREEN Fibonacci Price Amplitude Resistance Arc. We believe the downward price rotation recently is a perfect setup for skilled technical traders to take advantage of lower entry price levels. The GREEN Fibonacci Price Amplitude Arc will very likely be breached over the next 5 to 10 trading days and the price of Gold should rally well above $1850 in the process. We believe this Washout Rotation is a process of running through the Long Stops just below recent price activity that will end with a defined upside price rally over the next 2 to 5+ weeks.
https://www.thetechnicaltraders.com/gold-silver-washout-get-ready-for-a-big-move-higher/

for 2020 SHORT TERM

Posted by Ororeef @ 17:27 on June 3, 2020  

Silver has NOT made a TOP YET,GOLD has not made a BOTTOM yet  …

Richard640 @ 14:04 on June 3, 2020 you might find this usefull, I devised a Gold Ratio using Renko charts to find bottoms or tops,a spike generally accompanies a bottom,although double bottoms occur sometimes..a white brick will show the turn..

Posted by Ororeef @ 16:49 on June 3, 2020  

qid-gratio-jun-3

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