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

Apple, Google and Microsoft agree to support password-free sign-ins that instead use fingerprints, or face scans to ‘make web more secure for all’

https://www.dailymail.co.uk/sciencetech/article-10786461/Apple-Google-Microsoft-agree-support-passwordless-sign-ins.html

but man, the SM is in a world of hurt. They might be hoping for a weak jobs report tomorrow to stem the rise in rates.

This is the action that should’ve happened yesterday and continued today.

Silver is just not acting well. Tough to see where we are if silver goes nowhere.

BTW – anyone have any new info on how the Russian decision to back their currency with gold is coming. I know there were a few countries paying in Rubles and China trades with them somehow, but anything new?

Can anyone explain etc

Tdys action is meant to get that reaction…..the Bonds have shat all over the joint and knocked the stuffing out of the SM…and that means no way can the PM’s rally…the scum hit them and then the Algo’s have gone tick for tick with the SM all day.

I thought today was gonna be epic……instead I am sitting here waiting till it is an acceptable time to get a large glass of red !!!!

Usdx index is in some serious resistance on the 20 year monthly continuation chart. Maybe we get a break soon.

“Can anybody explain these markets?”

LOL Yeah they suck!

Maybe all the bad news is already baked in the pie!

Today’s gold and silver action isn’t helping anyone much.

My SBSW is taking a bloodbath today. This stock also pays a good dividend. Inflation out of control and metal can’t rally. Scum really working overtime.

Metals opened strong and sold off all the gain. USDX is streaking up .

Can anybody explain these markets?

You don’t think the boomers, especially the ones who got in office weren’t plucking them golden goose too?
Besides throwing money out the window left and right for their special interest and creating inflation and pushing mothers out the door to generate more tax income for them to spend insurance like medical wasn’t really popular until the 80s. Many jobs didn’t even offer it until they had to. Then notice when it became common how the prices for medical charging up the insurance and the insurance rising because of it started moving up and fast. I remember back when one place I moved by the ocean up north to a little hospital for awhile and two different nurses told me that when they went to use the insurance “ they were paying for” for their husbands and one had a heart attack and in ICU and a big bill found they had no insurance. I checked too and found the insurance had no knowledge of it. The owner was pocketing the money or somewhere wasn’t doing their job.

We seem to be following the QQQ’s today almost tick for tick

SLV all the way back to yesterdays bottom. Better hold.

Dow -874, SnP -129, Naz -573. Food fuel and metals to me are the most important things.

You left out two words. Fake artificial economy.

My grandfather longshoreman came here in 1908 had 8 kids wife didn’t work, no medical insurance.

My father tool and die maker, served in WW II had 5 kids wife didn’t work, had no medical insurance.

I graduated high school in 1962 had two kids and wife didn’t work and I had no medical insurance. My two kids have no kids. Note the decline.

I think a lot of the kids these days are living off and absorbing the savings of the baby boomers.

I consider the above after 1980, a crushed US economy thats been in and invisible depression and it only LOOKS good because of taxpayer money tax absorbing fake jobs and printed money and grants handed out like Hershey bars. So far its still working.

When all the fake things stop working then YES, as you said, the fake economy absolutely crushed

Will absolutely crush the economy IMHO

USD just keeps going higher, up another 1%

Trying to buy the dip here, but things keep going south.

On the February lows at $2.40/sh a big share holder activist forced them to change some directors, and it started climbing nicely after that. Then on April 18th on highs at $3.70 BMO down graded it, and it started back down to $2.80 until more bad news yesterday, now down to $2.07. Almost back to March 20, 2000 at $1.58. I had a small position on the lows, thought, it was doing great, and disappointed to see it fizzle out. But maybe its another good low to start a new leg up.

Parts from Feb 8th:

Last week, RCF Management LLC called on Iamgold to toss out three of its existing directors, and replace them with candidates of its choosing, including installing Maryse Belanger, a 35-year mining industry veteran, as chair. The Denver-based private equity firm said that urgent leadership change was necessary to address “massive value destruction and chronic underperformance” at the Toronto-based gold company. RCF, which owns a 5.2-per-cent stake in Iamgold, had already forced the ouster of long time chairman, Donald Charter, before its proxy battle became public.

Now Joe Foster, portfolio manager with New York-based fund management company VanEck, which has a 9.5-per-cent stake in Iamgold, is lending his support to RCF, and pleading with Iamgold to acquiesce to its demands.

Iamgold had agreed to replace two of its directors with candidates put forward by RCF, but it rejected a third nominee. Iamgold also objected to installing Ms. Belanger as chair over concerns she was not sufficiently independent from RCF. Iamgold also did not want to give RCF a major say over who the next CEO of the company would be.

https://www.theglobeandmail.com/business/article-pressure-mounts-on-iamgold-to-overhaul-board-as-biggest-shareholder/

Wow $4 billion of waste! Governments sure know how to squander money!

I don’t think China will want those doses. They probably don’t want to poison their citizens.

Re the shots….China can buy some of ours…we have over $ 5 billion worth of the junk, that no-one wants anymore….take up has collapsed and we over ordered….

As Vaccine Demand Collapses, U.K. Faces £4 Billion of Waste With 80% of its 650 Million Dose Stockpile Unused

but barely hanging on.

Needs to hold….

Centerra Gold (TSX: CG) (NYSE: CGAU) saw first quarter results hit by the suspension of its Öksüt mine in Turkey, which adsorption-desorption recovery (ADR) plant has been out of commission since March 18, with no clear timeline for its reopening.

The Canadian gold miner posted net earnings of $89.4 million in the first three months of the year, compared to $167.4 million in the first quarter of 2021.

Oksut mine halt eclipses Centerra Gold’s Q1 results

Canada’s Iamgold (NYSE: IAG) (TSX: IMG) has revealed a cost blowout at its massive Côté gold project in Ontario, with preliminary estimates from an ongoing risk analysis indicating that development of the asset would require between $1.2 billion and $1.3 billion to complete.

That compares to the company’s previous assessment of between $710 million and $760 million needed and represents an eye popping 90% cost increase after adjusting the figure for the $78.5 million spent in the first three months of the year.

Iamgold unveils 90% cost increase at Côté project

USD is ripping too. Doesn’t look like the 10 yr is going to hold 3%

Getting pm’s to go up two days in a row after a Fed meeting is like being struck by lightning – just never happens.

at that price the Oil Co’s are cleaning up, the SM is looking crap…..so the right thing to do is sell the Oil Co’s down as well…..

FT op-ed: "Foreign investors have begun to realise that China is willing to take a significant economic hit rather than relinquish its commitment to its dynamic zero-Covid strategy or roll out the mRNA vaccines developed in the west."@choylevahttps://t.co/QUADAuJ1my

— Jonathan Cheng (@JChengWSJ) May 5, 2022

by smacking hell out of PM shares…along with idiot Algo’s, that trade everything the same way as the SM…..

Wesdome Announces Continued High Grade Drilling Results From the Falcon 7 Zone at the Eagle River Mine

https://finance.yahoo.com/news/wesdome-announces-continued-high-grade-113000204.html

Integra Intersects 3.95 g/t AuEq Over 77.7 M in Extension Drilling at War Eagle

https://finance.yahoo.com/news/integra-intersects-3-95-g-104500900.html

Endeavour Reports Strong Q1-2022 Results

https://finance.yahoo.com/news/endeavour-reports-strong-q1-2022-060000851.html

Franco-Nevada Reports Strong Q1 Results

https://finance.yahoo.com/news/franco-nevada-reports-strong-q1-210000856.html

Coeur Reports First Quarter 2022 Results

https://finance.yahoo.com/news/coeur-reports-first-quarter-2022-203000263.html

McEwen Copper: Los Azules Progress Report #2

https://finance.yahoo.com/news/mcewen-copper-los-azules-progress-210600961.html

i-80 Gold Intersects High-Grade Gold in Initial Drilling of the Ogee Zone at Granite Creek

https://finance.yahoo.com/news/80-gold-intersects-high-grade-100000160.html

Aztec – Kootenay JV Reports Drill Intercept of 0.32 gpT Au over 24.3 metres and 6.1 metres of 1.649 gpT Au at California North Prospect, 350 m North of California Zone, Cervantes Project, Sonora, Mexico

https://finance.yahoo.com/news/aztec-kootenay-jv-reports-drill-113000730.html

Gold Terra Intersects 3.59 g/t Gold over 7 Metres including 8.02 g/t Gold over 2 Metres on New High-Grade MP-Ryan Zone, Mispickel Area, Yellowknife City Gold Project, NWT

https://finance.yahoo.com/news/gold-terra-intersects-3-59-120000041.html

Labrador Gold Intersects 54.17 G/T Au Over 0.95m at the Big Vein Target

https://finance.yahoo.com/news/labrador-gold-intersects-54-17-120000428.html

Canuc Provides San Javier Exploration Update

https://ceo.ca/@newsfile/canuc-provides-san-javier-exploration-update-d85f2

Hanstone Gold Announces Results of the Triaxial Magnetic Survey Outlining Additional Prospective Targets on its Doc and Snip North Properties

https://ceo.ca/@nasdaq/hanstone-gold-announces-results-of-the-triaxial-magnetic

Allegiant Partner Drills 31 Metres Of 456 G/T Silver Equivalent At Mogollon Property

https://ceo.ca/@thenewswire/allegiant-partner-drills-31-metres-of-456-gt-silver

KORE MINING COMPLETES SECOND PHASE OF ENGINEERING AND MARKET ASSESSMENT OF IMPERIAL SALTON SEA MATERIALS

https://ceo.ca/@newswire/kore-mining-completes-second-phase-of-engineering-and

ArcWest Provides an Exploration Update for Its Oweegee Porphyry Copper-Gold Project in B.C.’s Golden Triangle: An Initial 5,000 Metre Drill Program, Funded by Partner Sanatana Resources, is Planned for 2022

https://ceo.ca/@newsfile/arcwest-provides-an-exploration-update-for-its-oweegee

Goldshore Resources Drills 128.3m Grading 1.1 g/t Au from the Moss Lake Deposit Additional Parallel Zone Returned 16.0m at 5.31 g/t Au with Visible Gold Also Discovered

https://ceo.ca/@newsfile/goldshore-resources-drills-1283m-grading-11-gt-au

Visionary Gold Corp. Announces the Discovery of Two New Prospects and Samples 9.07% Copper, 4.15 g/t Gold and 0.09% Cobalt at New Black Rock Prospect

https://ceo.ca/@newsfile/visionary-gold-corp-announces-the-discovery-of-two