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

That’s why it’s better to sell or at best hedge but it’s still a distraction losing money especially knowing their intention when you could use that money somewhere else.
It’s driving stocks down better than inflation. The WH is apparently too stupid to see their part in causing inflation and apparently no ones left competent enough to tell them not that they care. It’s like they want to destroy this country,
Generally the stocks go up and dollar down before a election. With them dollar up stocks and people’s savings down. There doing it wrong but that’s not a surprise, Maybe they think they have the elections rigged so they don’t have to worry about it.

Look how all the Bonds have been bouncing back up. Pushing rates down. Figure that one out. Is this natural market forces? Or is the Fed involved knocking rates back down. while saying he will be raising rates.

Lets face it, they have been “day trading” the economy for years. On the gas, back on the brakes, back on the gas. They don’t know the future. I think they don’t even know what the major problems are. They better start taking some smart pills.

I just noticed, the energy sector charts XOM CVX etc started dropping the same time the 10 year rates started dropping.

https://finviz.com/futures_charts.ashx?t=BONDS&p=d1

Fortitude Gold Intercepts 6.10 Meters of 3.10 g/t Gold Within 21.34 Meters Grading 1.79 g/t Gold at Golden Mile

https://finance.yahoo.com/news/fortitude-gold-intercepts-6-10-133000659.html

Puma Exploration Announces Uplisting to OTCQB Under Symbol “PUMXF”

https://finance.yahoo.com/news/puma-exploration-announces-uplisting-otcqb-134500276.html

McEwen Copper: Los Azules Progress Report #3

https://finance.yahoo.com/news/mcewen-copper-los-azules-progress-110000613.html

Ascot Provides Update on Project Development, Financing, and Exploration

https://finance.yahoo.com/news/ascot-provides-project-development-financing-110000592.html

1911 Gold Commences 2022 Tailings Reprocessing and Receives $300,000 Grant from Manitoba Mineral Development Fund

https://finance.yahoo.com/news/1911-gold-commences-2022-tailings-110000810.html

GFG Step-Out Drilling Returns 1.32 g/t Au Over 33.5 Metres Along with Infill Results of 4.95 g/t Au Over 8.3 Metres at Montclerg, East of the Prolific Timmins Gold District

https://ceo.ca/@nasdaq/gfg-step-out-drilling-returns-132-gt-au-over-335

Sky Gold to Begin Working With Goldspot Discoveries on The Mustang Project, Newfoundland

https://ceo.ca/@accesswire/sky-gold-to-begin-working-with-goldspot-discoveries

GoldHaven Provides Exploration Update on Pat’s Pond Located in the Central Newfoundland Gold Belt

https://ceo.ca/@newswire/goldhaven-provides-exploration-update-on-pats-pond

Canterra Minerals Significantly Increases Land Position in Central Newfoundland, Including 15 Kilometres of Strike Length along Rogerson Lake Structural Corridor

https://ceo.ca/@newsfile/canterra-minerals-significantly-increases-land-position

Osisko Mining Corporate Update

https://ceo.ca/@nasdaq/osisko-mining-corporate-update-647b0

Exploration Commenced on Bingo Property in Golden Triangle, B.C. and Provides Additional 2022 Exploration Plans

https://ceo.ca/@nasdaq/exploration-commenced-on-bingo-property-in-golden-triangle

Getchell Gold Corp. Engages Apex Geoscience to Conduct a Resource Estimate for the Advanced Exploration Stage Fondaway Canyon Gold Project, NV

https://ceo.ca/@newsfile/getchell-gold-corp-engages-apex-geoscience-to-conduct

Argonaut Gold Reaffirms Magino’s Estimated Cost to Completion and Announces US$250 Million Binding Debt Commitment and Proposed Equity Financing to Fully Finance the Magino Construction Project

https://ceo.ca/@nasdaq/argonaut-gold-reaffirms-maginos-estimated-cost-to

Americas Gold and Silver Corporation Provides Galena Complex Joint Venture Exploration Update

https://ceo.ca/@businesswire/americas-gold-and-silver-corporation-provides-galena-6b291

GoldMining Inc. Discovers Extension Of Its La Garrucha Target, La Mina Project, Colombia: Drill Results include 345.54 metres at 0.74 g/t AuEq

https://ceo.ca/@newswire/goldmining-inc-discovers-extension-of-its-la-garrucha

USD screaming higher. PM’s in the crapper. Typical.

edit: USD losing steam, rates slipping as well. We should be up $50, but Powell is speaking again today.

From Robert one of the best chartist around if you can read them and
Double top.

WATCH OUT

As long as USD doesn’t break through resistance.

This is only one support level.

Do the majority of trucks “ like those who deliver our food and supplies” run on diesel?
Speaking of which maybe gas up buy what you need if you live anywhere near where the left will Riot and loot if Roe vs Wade is overturned and goes back to the states. That could be any day or week now.

Will probably be gone tomorrow going down the line on how the Democrats and some of the RINOS are compromising our country and throwing our money out the window while mothers can’t find formula.
Now there going after West Point with their anti white woke generals. Eventually they’ll make a lot of people money when they start suing them. It’s all a tactic to steal the individuals identity in mass and make them their surf.

https://youtu.be/orY2mRscs6c

Well that was the past. Abundance brings competition and prices down. Remember VCRs were pricy until they went to DVDs

Now will the young ever have those experiences or freedoms for that matter?
Will they be able to “afford” find their passion in life be walking away and putting money last or needing it first. Or will they just take the path of least resistance, follow the money, crowd and fads and go along with up is down, down is up even when you know it isn’t. Like someone said to me today it’s not theft until it’s over 100 dollars lol
People can choose their own path but there was a time when we could laugh at things ie what we all remember here a Irish in a Tutu and not have to take everything so seriously. From keeping up with the Jones to keeping up with the latest pronouns and feeding into “ reaffirming “ other people depressions, delusions, ego or power trips.
Freedom or equality. Without freedom there is no equality. M Friedman

Can’t argue with that!

Back in the day when Americans were well off they could afford $300 (same as $6000 today) plane tickets. We had a massive middle middle class with one worker families. Middle class today is at least $200,000, $3,850/week, is what you can afford for a months rent or mortgage.

Maybe the happy good times and prosperity ’45 to ’75 after WW II were an accident.  But that era is my datum line. Base or reference point. A brand new 1950 Chevy was $1,000. The decent quality 1960s cars were in the $3,000s. Times 20? $60,000 is about right.

And those old 1950s cars were high quality body on frame construction, and high quality steels, still in service in Cuba, and SOOOO simple to fix. Gee, didn’t westerners get tossed out of Cuba too? LOL.

I think that was the story we were told decades ago. So that means the USA off shored some of our wheat production? And all the other shortages created in Ukraine that they’ve been blabbing about? Used to be made here?

To me that means there was an agenda long ago for global businesses to invest in, develop and wealthy up Ukraine.  (like they did with China) That would explain all the foreign born people fleeing the Russian sandbox. And explain the bombing of buildings that the Russians didn’t build.

Just like Afghanistan. A bunch of “illegal aliens” from Europe and USA etc barging in for profits, and the natives there chased them out. Now the outsiders are getting chased out of Ukraine. Who are the next outsider investors or global citizens to get evicted next??  Westerners bedded down in S. Korea? Taiwan?

South Vietnam was another place that tossed out a bunch of outsiders. One by one, the “globe trotters” are getting discriminated against by the natives. We have already seen some PM miners having trouble in other peoples sand boxes. The world is changing, and the status quo idiots should just face reality.

What was, isn’t what is, anymore. A reversal of open borders globally? Eventually a reversal of a monopoly money system back to a commodity based currency.

On the positive side, some will shut down production, and create a shortage of gold, like the lack of refining capacity causing shortages and higher gasoline prices. Who knows, the whole system is in flux, all kinds of strange things can happen.

The oil company’s took on the cancel culture wanna be bully’s and made them yell uncle so it was Putin’s fault again. The only good thing about these prices hurting so many people is watching them get slammed by their own base. They didn’t build anything and it isn’t better.
He mentioned something about making better battery’s for solar back up when there’s no sun. How long does a battery last, one day?

I’m sure the cost of diesel is affecting the miners profits these days (open pit miners more so than underground) but the miners profits with some exceptions have been mediocre for numerous quarters. JMO

I guess Covid caused some shortfalls …

the miners consume alot of energy. No doubt if they have profits, they are eroding. The only solution is much higher metals prices.

Coincidence I just warned someone “ a young professional doctor “ who’s taking a American air to Texas next month. Gives her time to pre plan if she gets stuck at a airport.
I’m sure the government supports air travel and not just for the citizens if they even think about them but for the millions of government workers who also get discounts. Not only that we pay fir TSA.
Even more so Amtrak.
Still housing in Ny doesn’t set the travel costs can vary depending on gas prices, how soon you book and what time of the year you travel. Also there are generally no less than 100 people and usually more depending on where your going and that’s not to mention business or first class so double they for each seat.
Even if it had say 102 and 10 first class “ double the price not worth it for domestic flights so times two 20 thats 122 they don’t need
times your 6000 732,000 to take these people from LA to NY. Even if gas costs them 20k that’s a bit greedy don’t you think? You can take a zero off that and they’ll still be doing good if you multiply all their flights.
Those that did get another flight out because they had to be somewhere had to pay double the price, one because it was short notice and they should of been happy they booked and not charged more two because the gas prices were probably double from what they were when they booked the flight and getting closer to summer. Prices going up by the month.
Another person told me due to connections could of flew to Southern California RT for 6 dollars but even with gas prices she didn’t want to deal with the airport and they drove. She was glad she did they had a lot of fun.
Back in 2021 my cost to fly to Miami Florida was 200 dollars Rt. Year before one in Aug one in September to Orlando to take a daughter to Disney and Universal. I went I can’t remember what it was in 2006 same place Miami and boy was it foggy from a tropical storm heading to Aruba. That was in June if I remember.
With gas prices what they are now I’m sure prices are up.

Maybe the high cost of diesel and other business costs are doing something. But my guess is they are being dragged down in sympathy with the general Dow SnP stuff. You know, they all go up or they all go down. By the way, They are in a classic long term Rhino Horn Formation, I’ll post the chart.

Back in 2001 the Dot com busted March ’01 and dragged everything down, but we went opposite up, we bottomed in ’01 they were topping in ’01 and its similar these days. They went down hard for three years as we were climbing nice the following three years and maybe gave confidence to the others? In other words maybe we led the regular market up.

SnP Rhino Horn Formation: untitled (mrci.com) Note the March ’00 crash and the ’07 crash. Note the roll over 2014 2015 on a stale old bull market. And the Trump Rally in 2016 4 more good years, way way over priced. You can even see the Covid bust.

You could refer the chart to runaway inflation like what was happening with AU and AG in the 1970s that they had to fight. In a sense the Fed might be looking at the SnP like they looked at Silve going $1 to $50 in the ’70s.

The Bozos had to get rates up to 21% before it finally worked by 1980. After that a 20 year deflation in commodities into March 2000. Gold $250, Silver $4, Copper .46 cents etc USD at 120. Thats when I stopped working. I Knew they had to drop the high dollar.

Look at Dow same thing untitled (mrci.com) hit 36,000. Adjusted for constant value dollars, it should be around 20,000 today. It still way too high.

Look at Gold in the $200 area, untitled (mrci.com) times 20 is $4,000/oz. on lows. Look at the rally to $600 area, thats like $12,000 in todays funny money.

Look at the Dollar after 9/11/01 untitled (mrci.com) Three descending peaks and descending lows. Also lets keep in mind they made Gold a tier one asset last June?

Bottom Line: With this mess they created, literally anything crazy can happen.

I sure hope the miners start making better profits. A lot of them aren’t making zip even at $1800 plus.

Remember over at Vronsky’s site we all thought we’d be rich at $500 gold! Come to think of it the miners were doing better back then too.

https://twitter.com/i/status/1539581635154350081

Biden’s violin playing sucks!

Looking forward to a blue bloodbath in the midterms!

You can give us the real skinny.

Safe travels!

What you are saying, is Airlines are NOT supported by gov’t policies to create jobs. And NY to LA at $184 is normal. Or NY to Fla for $80 is normal and a cab 20 miles to the airport for $80 is normal.

Truckers are getting KILLED with diesel fuel prices. Jet fuel costs even MORE. The airlines are not complaining about fuel. Think about that. Airplane rides were expensive and a thing you did on rare occasions years ago. There were zero frequent flyers. They were not used like a bus ride to spread covid and share US dollars all over the planet.

Lets just get some popcorn and watch the new show, fantasy abnormal economics. I gotto go too.

Bloomberg has always been an establishment puppet….when it wasn’t Bloombergs harem, so they say….