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

Hi BG,

I hear what you’re saying. Me too. I’m so sick of this crap.  It’s like death by a thousand cuts.

The problem I struggle with when I think of selling out, is that I know I am right when it comes to PMs – the medium of exchange between humans is too important for it to be created out of thin air as debt… and that is exactly how Federal Reserve Note are created.  Eventually, without question, they will fail.

The problem for people that embrace this thought is that they are true believers.  There is an old saying “a long Bear Market can not end until the last Bull (true believer) gives up hope.”
The more one thinks about that statement the more it makes sense.  And the more it scares me – I may have to sell out in order for PMs to at long last be free. 😬

For the first time since 1913 when the Fed was created, a credible alternative has been proposed. There is a sliver of hope that this new currency will somehow be tied to commodities, including PMs.  It is hard to think of a more demoralizing event than, after years (and years of) torture, to sell out totally…. then try to get back on the train, but be too late to catch it.

Good Luck

Looking at what’s going on in the world it’s very hard to see a scenario where gold is knocked down for very long.

That said … the shares can sure get punished during these gold downturns!

A lot miners seem to have an AISC of $1500 or $1600 and they’re not making much money if any. Costs seem to have really gone up. A few hundred dollar gain in a week or a month would solve many problems!

I can’t do another one of these crashes in the shares.

If we’re down again tomorrow, I’m selling everything and sitting on the sidelines. These shares always give you another opportunity to buy. I’ve worked too damn hard to see it all stolen again.

Funny, I saw the article from Von Greyerz, whenever these guys start throwing around big numbers, it’s always time to sell. Last Von Greyerz article he said gold wouldn’t go up much, can’t even remember why.

He’s been wrong for over 20 years.

https://www.zerohedge.com/the-market-ear/gold-breaks-supports-and-ctas-need-sell-size

Once again, the criminals go massively short up at the $2050 area, and as Gold starts to weaken, the cretins assuredly know where the big CTA stops are in Gold.
They add a little fuel to the downside fire and PRESTO!……x

Wash, rinse, repeat……..

Is Cardona a Robot.

Where’s the transparency. I think Lisa shouldn’t ask him once he didn’t answer but demand the information and if that post turtle doesn’t stop paying him.

No more CRT, Queer, Pedo, or anti American socialist/ Marxist indoctrination money.

This should be taken out of the hands of the Fed perhaps break up the Union that’s in it for themselves and put in the budgets on the states with limits on class sizes, healthier foods not processed cheap fake food and armed security.

Should be school testing every year for grad level progress on all subjects their supposed to teach with more focus on what they’re teaching.

They can put disabled and learning disability’s in another category to make sure they’re learning too.

Bonuses for teachers who’s students get the best scores not based on school groupies.

SHOCKING MOMENT: Education Secretary Cardona Repeatedly Evades Lisa McClain’s Questions – YouTube

https://www.youtube.com/watch?v=msEscunHrkQ

Tax dollars. We have every form of corruption out there plucking at what they think is the last golden goose from within and from without. Since they plucked all the others  they’re all coming here next.
Ask all these government agency’s how much money they get every year for every department and sub department of those departments including schools that now want a 4 day week.
A list of where all the money they’re gonna spend and what reason do they think they have the right to give that money of ours to them instead of paying what they borrowed back.
I think the Brics might have the right idea. We start buying, selling and  trading in other currency’s.
I mean since Mayorkas wants to make it as fast and easy as possible for  illegals to get in.
We can just start accepting their currency and start a black market.

US Now Spends More Servicing Its Debt Than On National Defense

https://www.zerohedge.com/economics/us-now-spends-more-servicing-its-debt-national-defense

New footage of the colossal detonation of an ammunition depot in Khmelnitsky, Ukraine, early this morning. pic.twitter.com/b49ItSWPQ5

— Clash Report (@clashreport) May 13, 2023

Must be the new math! LOL

“idiots” We’re all inclusive here!

Like when they asked for me to answer the question “what is 2+2+2?” and I said “that’s 6— FAIL!!

So then  I answered “that equals 222”.

And they said, “Yup, you’re an idiot! Welcome to the Oasis“.

the pm shares look like crap. HUI down at 260, should be support at 250. Hard to believe that gold at $2K and the shares aren’t even close to the highs of the last rally.

SLV looks like it will break below 21.50 which lends itself to under $20.

As usual, none of this makes sense. I’m wondering if the debt default is pushing these rates higher as there seems to be a flight from bond the last few days. Rates and the USD should not be up today.

Hate to say it folks but the scum is winning again, just like they always do. The only question is just how bad it gets. Looks like another sell in May and go away. Shit.

Re Duh !!!

what are the odds on him apologising …or at least keeping stuumme…for a century or two.

and the dollar finds bids….just like that…..pure ‘effing magic…my arse.

Shaking the tree until they can get as many off as possible. Then they’ll ride in and scoop up as much as they possibly can.

Used up almost all of my dry powder, so I’ll wait until the MACD and stochastics start to turn higher before I nibble on anything else

I guess we’ll see how things shakeout now that the first hour bullshit is over.

Von Greyerz: A Disorderly Reset With Gold Revalued By Multiples

https://www.zerohedge.com/markets/von-greyerz-disorderly-reset-gold-revalued-multiples

Fortuna reports results for the first quarter of 2023

https://finance.yahoo.com/news/fortuna-reports-results-first-quarter-010300501.html

Endeavour Publishes 2022 Sustainability Report

https://finance.yahoo.com/news/endeavour-publishes-2022-sustainability-report-060000185.html

Eric Sprott Announces Changes to His Holdings in Galantas Gold Corporation

https://finance.yahoo.com/news/eric-sprott-announces-changes-holdings-124500367.html

Highlander Silver Announces 50 to 100 Million Ounce Silver Equivalent Exploration Target at the La Estrella Project and Investor Relations Agreement with Harbor Access

https://ceo.ca/@thenewswire/highlander-silver-announces-50-to-100-million-ounce

Winshear Receives Authorisation to Initiate Activities at Its Gaban Gold Project in Puno, Peru

https://ceo.ca/@globenewswire/winshear-receives-authorisation-to-initiate-activities

Canagold Increases Indicated Gold Resource by 89% in Updated Mineral Resource Estimate for New Polaris Gold Project, BC

https://ceo.ca/@businesswire/canagold-increases-indicated-gold-resource-by-89-in

Nevada Sunrise Announces 2023 Exploration Program Plans at the Kinsley Mountain Gold Project, Nevada

https://ceo.ca/@newswire/nevada-sunrise-announces-2023-exploration-program-plans

Sabre Gold Provides Copperstone Mine Update and Announces Filing of First Quarter Financials

https://ceo.ca/@newsfile/sabre-gold-provides-copperstone-mine-update-and-announces

55 North Mining Inc. Announces Signing of Exploration Agreement with The Marcel Colomb First Nation Band

https://ceo.ca/@accesswire/55-north-mining-inc-announces-signing-of-exploration

Collective Mining Expands the Dimensions of the High-Grade Shallow Zone of Mineralization at the Apollo Porphyry System and Intersects Significant Visual Mineralization Along the Newly Discovered Contact Zone

https://ceo.ca/@newswire/collective-mining-expands-the-dimensions-of-the-high-grade

Orefinders Announces Name Change to Orecap Invest Corp.

https://ceo.ca/@newsfile/orefinders-announces-name-change-to-orecap-invest-corp

SUPERIOR GOLD ANNOUNCES SHAREHOLDER MEETING FOR JUNE 26, 2023 AND REITERATES BOARD RECOMMENDATION THAT SHAREHOLDERS VOTE IN FAVOUR OF PROPOSED ACQUISITION BY CATALYST METALS

https://ceo.ca/@newswire/superior-gold-announces-shareholder-meeting-for-june

O3 Mining Intersects 5.9 g/t Au Over 10.1 Metres on Malartic H Deposit at Marban

https://ceo.ca/@newswire/o3-mining-intersects-59-gt-au-over-101-metres-on

Ximen Mining Acquires Perry Creek Gold Property Cranbrook, BC

https://ceo.ca/@accesswire/ximen-mining-acquires-perry-creek-gold-property-cranbrook

Golden Independence to Mobilize for Exploration Program at Napoleon Project

https://ceo.ca/@newsfile/golden-independence-to-mobilize-for-exploration-program

Tocvan Announces Bulk Sample Material Averaging Grades of 1.9 g/t Gold and 13 g/t Silver Leaching Process Underway for Bulk Sample

https://ceo.ca/@thenewswire/tocvan-announces-bulk-sample-material-averaging-grades

Excellon Reports First Quarter 2023 Financial Results and Corporate Highlights

https://ceo.ca/@newsfile/excellon-reports-first-quarter-2023-financial-results

Aftermath Silver Ltd. Announces Closing of Second and Final Tranche of Private Placement

https://ceo.ca/@newsfile/aftermath-silver-ltd-announces-closing-of-second-and

Gatos Silver Announces Delay in Filing Its Financial Statements for the First Quarter of 2023

https://ceo.ca/@globenewswire/gatos-silver-announces-delay-in-filing-its-financial

China Gold International Resources Reports 2023 First Quarter Results

https://ceo.ca/@thenewswire/china-gold-international-resources-reports-2023-first

Quimbaya Gold Inc. Announces Letter of Intent and Convertible Loan Agreement

https://ceo.ca/@newswire/quimbaya-gold-inc-announces-letter-of-intent-and-convertible

EMX Royalty Announces First Quarter 2023 Results

https://ceo.ca/@newsfile/emx-royalty-announces-first-quarter-2023-results

SILVER MOUNTAIN FILES NI 43-101 TECHNICAL REPORT FOR PREVIOUSLY ANNOUNCED MINERAL RESOURCE ESTIMATE AT THE RELIQUIAS MINE

https://ceo.ca/@newswire/silver-mountain-files-ni-43-101-technical-report-for

Seabridge Gold Files First Quarter Financial Statements and MD&A

https://ceo.ca/@newsfile/seabridge-gold-files-first-quarter-financial-statements

Lavras Gold expands on wealth of discoveries in first quarter

https://ceo.ca/@globenewswire/lavras-gold-expands-on-wealth-of-discoveries-in-first

up 0.4% vs estimates of 0.8%

Not helping just yet, but methinks it might play out the way it should.

and here we come… 🙂

Retail sales come out at 0830 – a weak number may change the look of things. I expect the number will be worse than even they expect.

Gotta put pm’s in a hole prior to the number so they don’t rally too hard. London helping the Crimex yet again.

So, we’ve got the USD and rates are down, not huge, but enough, and so are pm’s with them. Silver down 1%, Gold down $7. So, we are not getting the correlation that has worked so well for these last months.

SM down a little but more like flat, oil flat.

I’m happy and surprised the HUI has held the 265 line, but not sure it will continue to hold much longer. Hopefully, this turns as it should, I’ll be looking to see how the shares fair in the premarket.