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

He’s just a slaver   ,he imports cheap labor and the younger the better to insure cheap labor for years to come even though it gives blacks more competition ,he just tells them they will get handouts ,that create more dependency on democrats .Modern slavery democrat techniques .It keeps blacks voting for Democrats .At the same time he does nothing as FORD announces its building a new car PLANT in Mexico .Those used to be DETROIT jobs, car industry mainly black assemblers .He gives Handouts to keep them voting Democrat and then sticks it to them chasing cheap labor .NICE GUY  ! Despicable to black employment ..

Speaking of crazy Joe steel is still looking bullish as long as crazy Joe doesn’t unleash the tariffs like he did on the border.

Crazy Joe will be putting us at risk for war one way or another while he’ll go hang out in his basement.

Dementia Joe is such an idiot. How can you have diplomacy with someone you call a “killer.”

Really stupid move!

https://schrts.co/KHyXsjEn

https://www.zerohedge.com/geopolitical/putin-responds-biden-killer-slur-it-takes-one-know-one

and today ‘someone’ is smashing Oil down……this will not end well.

MEXICO CITY, March 17 (Reuters) – Mexico could revoke a concession held by Canadian miner Americas Gold and Silver Corporation in northern Mexico if it does not accept its new trade union representation there, President Andres Manuel Lopez Obrador said on Wednesday.

Speaking at a regular news conference, Lopez Obrador said he would direct Foreign Minister Marcelo Ebrard to speak to the Canadian government about the dispute centering on Americas Gold and Silver’s San Rafael mine in Cosala in the state of Sinaloa.

Lopez Obrador, a leftist, noted that Americas Gold and Silver had rejected the outcome of a vote by workers at the mine to put labor representation under the control of trade union, the Sindicato Nacional de Trabajadores Mineros, Metalurgicos, Siderurgicos y Similares de la Republica Mexicana.

more https://www.reuters.com/article/mexico-canada-mining-idUSL1N2LF29Y

Nationalizing Zambia’s copper mines

The Zambian government has taken over operations at a major copper mining company in what is seen as a move towards increasing its direct control of the key mining sector. Economists are urging Lusaka to tread carefully.

https://www.dw.com/en/nationalizing-zambias-copper-mines/a-56843152

Continues to outperform.

Mr. Copper – always the same in a Fed meeting week.

Geez, gold goes up $25 then the next day down $30? So it’s only $5. At least my palladium stock is up. I almost sold it a few days ago.

Why Rates Will Be Suppressed
So, let’s start with rates and why they can’t get much higher (near-term) and hence pose a long-term threat to gold’s much higher price rise down the road.

Using the U.S. Fed as the perfect proxy for delusional as well as desperate central bankers around the world, we can do some quick math to see a very clear path ahead for gold.

As the Biden administration adds another $1.9T of “stimulus” debt to an already historically toxic debt pile, the U.S. will be sitting upon over $30T in government debt before Q1 of this year.

With its economy on its knees and tax revenues dwindling, this debt, and hence U.S. deficits, will only get higher, much higher by year end.

Now, let’s compare this current reality to the pre-pandemic math of 2019 when the over-stimulated (i.e. artificial) economy was running hot.

It’s Simple Math
During that time, the U.S. was spending $4T per year and taking in $3T in taxpayer revenue. The net result was around $1T in annual deficits.

Again: This deficit was in a “strong” environment wherein interest expense on U.S. debt for 2019 was around $400B—roughly 10% of total spending.

But if we fast forward (calculator in hand) to 2021, the picture (and the math) turns very dark, very quick

At $30T of total debt and counting, if rates were allowed to rise much higher to anywhere near the historically normal range of 5%, that would mean $1.5T in annual interest expense for Uncle Sam, which would equate to 50% of national revenues rather than 10%.

Such a scenario of rising rates would mathematically make the U.S. insolvent.

By the way, such a rising rate scenario would be equally true in Asia, the EU, the UK, Canada, Australia etc.

In simple terms then, rates will not go much higher for the blunt reason that countries (and hence central bankers) can’t afford them to go much higher.

As a result, central banks have no choice but to cap and repress rates for as long as they can until the whole system implodes and rates, yields and inflation skyrocket.

For now, however, repressed rates are inevitable: It’s a simple matter of natural math and artificial survival.

more https://www.zerohedge.com/markets/getting-ready-golds-golden-era

The biggest fallacy is that the USD is rising with rates for now. Eventually it should crash with the bond market so we’ve got a couple of fantasies working against pm’s.

Funny how it also seems to affect the Nasdaq as well though.

Ooooh look Gold and Silver aren’t worried by the Fed.

Update on Permitting, Engineering & Exploration of the Premier Gold Project

https://finance.yahoo.com/news/permitting-engineering-exploration-premier-gold-110000376.html

New Found Gold Announces Fully Subscribed $15.0 Million Flow Through Private Placement with Eric Sprott at $5.25/share

https://finance.yahoo.com/news/found-gold-announces-fully-subscribed-120000914.html

Blackrock Drills 1,003 g/t Silver Equivalent over 3.1m in New Vein Discovered During Step-Out Drilling at Tonopah West

https://finance.yahoo.com/news/blackrock-drills-1-003-g-121500961.html

First Mining’s Joint Venture Partner Fulfils Stage 1 Expenditure Requirements for the Pickle Crow Gold Project, Ontario, Canada

https://finance.yahoo.com/news/first-minings-joint-venture-partner-123000102.html

Klondike Gold Drills 1.66 g/t Au over 36.55 meters and 1.01 g/t Au over 96.0 meters at Lone Star Zone

https://finance.yahoo.com/news/klondike-gold-drills-1-66-123000448.html

Silver Elephant’s Sunawayo Drills 3 Meters of 421g/t Silver, Multiple Intercepts over 100g/t AgEq

https://ceo.ca/@accesswire/silver-elephants-sunawayo-drills-3-meters-of-421gt

Pucara Gold Provides Corporate Update and Highlights 2021 Work Program

https://ceo.ca/@newswire/pucara-gold-provides-corporate-update-and-highlights

Santacruz Announces Upsizing of Previously Announced Private Placement to CDN$14.1 Million With A Lead Order From Palisades Goldcorp

https://ceo.ca/@newsfile/santacruz-announces-upsizing-of-previously-announced-13238

re rates….the 5 yr is up 10 % o/n, against ‘only’ 6 % in the 10’s….but the scum are keeping Au and Ag well down…..check Palladium, it’s going straight up…2300 to 2700 in 7 trading days…makes some of the Faangs look tame !!!

This is the sort of move we should be seeing……

They either get you the day of, or the day after a Fed meeting.

But this is all about the 10 yr. and rates exploding. The Fed better start getting on top of that pretty soon as it’s up 10 bps this am.

No way the SM survives rising rates either. JMHO

We have yet to go on Summer time, so when scum attack at 8 am, becomes 7 am and bang on time Gold gets hit for $16 ….

and of course the Dollar caught a bid at the same time……Seems the Fed is relying more and more on the Rig.

The Budd designed ‘Rail Diesel Car’, or RDC,
was a self propelled passenger car. The top hump contains
a small diesel engine and generator set to
power the electric motor axles.
https://railpictures.net/photo/750292/

Maybe it will go “Bitcoin” ?  🙂