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

I agree that rates are going a lot higher. Just part of the plan of the destruction of the US. Houses still have to get cheaper so Blackrock and friends can own all single-family homes.

Even if the Fed were to ease, and the dollar falls, inflation skyrockets – which it will probably do regardless.

Seems clear that the rest of the world is isolating the west. Europe would be wise to mend fences with Russia and resume energy and grain trade, but the psychopaths in charge will never have it. Finally, the truth came out about the Ukraine war and why it is so important. The Synagogue of Satan wants Ukraine as the new Israel, and they’ll spend every last Ukrainian life to get what they want. If they can pull in Europeans, they will. Zelensky has already tried to false flag Romania, but they said no. Course our country was lost around 9/11 when we enacted the PNAC plan to destabilize the Middle East and then finished off in 2008-09′ when the banks pulled a takeover of the Government. Now of course the Middle East powers are uniting (as they should) and are going to squeeze us in the oil markets.

Where does that leave gold? Who knows? The BRICS aren’t going to back their currencies anytime soon, at least from the look of things. We aren’t going to overtake the paper markets anytime soon.

Maybe it has value when the collapse ushers in martial law, but at that point, so what?

It’s my hope that our society has time to adjust to lower living standards and that there is not an overnight crash which stops the grocery trucks from running. At that point I’d guess that martial law would be declared and who knows what happens then!

Thanks for your views … we live in interesting times!

PS Eff the WEF!

Endeavour Silver (EXK) Completes Sale of Cozamin Royalty

https://finance.yahoo.com/news/endeavour-silver-exk-completes-sale-154200876.html

Torex Gold Reports Results From 2023 Drilling at EPO

https://finance.yahoo.com/news/torex-gold-reports-results-2023-220000657.html

Miners’ hunt for copper takes Barrick to Pakistan’s western frontier

https://finance.yahoo.com/m/0be0be5f-a3e1-32b8-85f9-c187412c68e7/miners%E2%80%99-hunt-for-copper-takes.html?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev&yptr=yahoo

ARIS MINING TO LIST COMMON SHARES ON NYSE AMERICAN, DRIVEN BY OUR GROWTH AND PROJECT ADVANCEMENTS

https://finance.yahoo.com/news/aris-mining-list-common-shares-110000345.html

Mayfair Gold Makes New Discovery at Fenn-Gib Gold Project

https://finance.yahoo.com/news/mayfair-gold-makes-discovery-fenn-142300258.html

Reyna Silver Drills Multiple New Native Silver Veins at Batopilas including 9 m at 616 g/t Silver

https://finance.yahoo.com/news/reyna-silver-drills-multiple-native-090000691.html

Banyan Intersects 1.66 g/t Gold Over 16 Metres, Powerline Deposit, AurMac Project, Yukon, Canada

https://finance.yahoo.com/news/banyan-intersects-1-66-g-100000457.html

Heliostar Drills 33m Grading 16.4 g/t Gold and 9.5m Grading 25.6 g/t Gold, Expands High Grade Panel at Ana Paula

https://finance.yahoo.com/news/heliostar-drills-33m-grading-16-103000819.html

West Red Lake Gold Commences Surface Drilling at Wedge Target – 2 km Southwest of Madsen Mine

https://finance.yahoo.com/news/west-red-lake-gold-commences-110000292.html

HighGold Mining Intersects 49.9 g/t Gold over 2.2 Meters in 50-meter Step-Out at Ellis Zone, Johnson Tract Gold Project, Alaska, USA

https://finance.yahoo.com/news/highgold-mining-intersects-49-9-110000478.html

SCOTTIE RESOURCES DRILLS 56.4 G/T GOLD OVER 3.7 METRES AT BLUEBERRY

https://finance.yahoo.com/news/scottie-resources-drills-56-4-113000029.html

Mako Mining Intersects 23.47 g/t Au over 9.5 m (Estimated True Width) at Las Conchitas, 15 m from Surface

https://finance.yahoo.com/news/mako-mining-intersects-23-47-114000398.html

Gander Gold Completes Phase 1 Drilling at Gander North

https://ceo.ca/@accesswire/gander-gold-completes-phase-1-drilling-at-gander-north

Sanu Gold Announces Channel Sampling from the Bantabaye Permit: 1.1 g/t Au over 43 m, Including 4.2 g/t Au over 6 m

https://ceo.ca/@newsfile/sanu-gold-announces-channel-sampling-from-the-bantabaye

Kootenay Silver Initiates New Phase of Diamond Drilling at Columba High Grade Silver Project, Chihuahua Mexico

https://ceo.ca/@newswire/kootenay-silver-initiates-new-phase-of-diamond-drilling

FOKUS MINING REPORTS GOLD RESULTS ON ALL ITS RECENT DRILL HOLES ON THE RB ZONE OF THE GALLOWAY PROJECT

https://ceo.ca/@newswire/fokus-mining-reports-gold-results-on-all-its-recent

Barrick Ceases to Be an Insider of Cascadia Minerals

https://ceo.ca/@globenewswire/barrick-ceases-to-be-an-insider-of-cascadia-minerals

Pelangio Exploration Provides Update On Activities In Ghana And Canada

https://ceo.ca/@accesswire/pelangio-exploration-provides-update-on-activities

Besra Gold Announces Follow Up Drilling Confirms Bekajang’s ‘Multi-Storey’ Endowment

https://ceo.ca/@newsfile/besra-gold-announces-follow-up-drilling-confirms-bekajangs

Nighthawk Gold Intersects 16.14 oz/t Au (502 g/t Au) over 0.50 m and 10.22 oz/t Au (318 g/t Au) over 0.40 m at the 24/27 Deposit

https://ceo.ca/@businesswire/nighthawk-gold-intersects-1614-ozt-au-502-gt-au

Brixton Metals Yields up to 16.7% Copper, 52.5 g/t Gold and 4120 g/t Silver from Initial 2023 Surface Sampling Results at the Metla Target and the West Target, Thorn Project

https://ceo.ca/@globenewswire/brixton-metals-yields-up-to-167-copper-525-gt

Revival Gold Advances Processing Alternatives for High-Grade Mill Material at Beartrack-Arnett

https://ceo.ca/@globenewswire/revival-gold-advances-processing-alternatives-for-high-grade

GFG Drills 10.21 g/t Gold over 2.7 Metres from its Deepest Drill Intercept to Date at its Montclerg Gold Project Located in the Timmins Gold District

https://ceo.ca/@globenewswire/gfg-drills-1021-gt-gold-over-27-metres-from-its

TDG Gold Corp. Reports More Broad, Near Surface Porphyry-Style Copper-Gold at Baker

https://ceo.ca/@accesswire/tdg-gold-corp-reports-more-broad-near-surface-porphyry-style

Sun Summit Drills Broad Zones of Strong Gold-Silver-Zinc Mineralization at the Buck Project, Central BC; Intersects 186 Metres of 0.66 g/t Gold Equivalent

https://ceo.ca/@newsfile/sun-summit-drills-broad-zones-of-strong-gold-silver-zinc

Sprott Private Resource Streaming and Royalty Annex Fund Completes Final Closing

https://ceo.ca/@newswire/sprott-private-resource-streaming-and-royalty-annex

Aya Gold & Silver Announces High-Grade Silver Drill Results at Zgounder

https://ceo.ca/@newswire/aya-gold-silver-announces-high-grade-silver-drill

Generation Mining Receives Approval to Submit Closure Plan Permit

https://ceo.ca/@businesswire/generation-mining-receives-approval-to-submit-closure

Contact Gold Extends X-Ray Zone by 120 Metres in Step-Out Drilling at Green Springs

https://ceo.ca/@thenewswire/contact-gold-extends-x-ray-zone-by-120-metres-in-step-out

Chesapeake Announces Metallurgical Testwork Update

https://ceo.ca/@newsfile/chesapeake-announces-metallurgical-testwork-update

Liberty Gold Advances Black Pine Oxide Gold Project with the Submission of a Mining Pre-Plan of Operations to US Federal Agencies and the Selection of a Lead Engineer for the Pre-Feasibility Study

https://ceo.ca/@globenewswire/liberty-gold-advances-black-pine-oxide-gold-project

Positive Preliminary Economic Assessment Completed for the Slivova Gold Project, Kosovo

https://ceo.ca/@thenewswire/positive-preliminary-economic-assessment-completed

Independent Preliminary Economic Assessment for Northern Dynasty’s Pebble Project Completed: Positive Projected Financial Results, Excellent Optionality and Important Benefits for Alaska

https://ceo.ca/@accesswire/independent-preliminary-economic-assessment-for-northern

Sarama Resources Provides Update on Status of Exploration Permit

https://ceo.ca/@accesswire/sarama-resources-provides-update-on-status-of-exploration

Pampa Metals Announces Effective Date for Share Consolidation

https://ceo.ca/@accesswire/pampa-metals-announces-effective-date-for-share-consolidation

ENTRÉE RESOURCES FILES FORM 15 TO SUSPEND SEC REPORTING OBLIGATIONS

https://ceo.ca/@newswire/entre-resources-files-form-15-to-suspend-sec-reporting

https://gregreese.substack.com/p/targeted-individuals?r=poko7

The Chief
https://railpictures.net/photo/821014/

Nope …. interest rates will go higher long-term. Think double digits.

Life will get a lot harder. We will to some extent devolve into post hydrocarbon man.

No more cars. No more flying around. Life will get localized.

The mother weffers know this … but being spoiled a$$holes – they are trying to return to feudal times where lords live high while the surfs starve to death. (Communism is modern feudalism using modern monetary theory.)

All of the things they are attempting to impose on humanity will happen anyway once the mobility associated with cheap and plentiful hydrocarbons are gone.

So get local and be happy to have less but still be alive.

Oh and don’t forget to flip the bird at the mother weffers whenever you get a chance.

Cheers

Not sure I understand this part

“In fact, if you believe Steve St Angelo – that the oil supply bubble is about to pop (less supply, Higher prices?) – then rates have entered a secular bull market with oil (interest rates lower, higher prices for debt instruments?) – not that such an outcome will hurt PM’s in the long-term of course.”

TY out for a bit

Yes, but don’t put the cart before the horse.

First, we get the credit event – stocks fall (a lot) – then we see the idiots at the Fed react.

In the meantime, if there’s a crash in stocks (and bonds?) this fall – which is very possible given the situation – your shares could get cut in half from here.

Be careful as the Fed is going to have a hell of a time easing moving forward with all the supply issues that will plague commodities well into the future.

In fact, if you believe Steve St Angelo – that the oil supply bubble is about to pop – then rates have entered a secular bull market with oil – not that such an outcome will hurt PM’s in the long-term of course.

Gold (and silver?) will return as money in some (if not all) places.

Cheers

Thanks for that.

“solvency risk for a large swath of the banks through the roof”

That’s certainly true and if more banks fail and the SM takes a real nosedive then the Fed has no choice but to back off from it’s rate hikes, which should certainly help gold and the pm shares.

Cheers

I have pared back considerably this year.

Don’t have much in the shares anyway.

Most PM shares have already taken a beating, so losses should be muted measured against the yardsticks from here, but there’s still some room to fall as market participants (gold bugs) have remained stupid stuck in their optimism given what has been said here today.

Most don’t think in these terms. They only see gold stocks as leveraged proxies for the metals and are as greedy as the most crazed tech turd and think there’s a new bull market around every corner. (Some even think they have the moral high ground.)

They are about to get a lesson they forgot about from 2008.

Can you sell now?

You can probably scale out a bit depending on the stock.

But you probably still want to hold a smallish core of good large to mids as the metal prices should not fall much from here with solvency risk for a large swath of the banks through the roof (you don’t see it in credit spreads yet because of the rig).

The juniors could get killed from here.

Don’t know what to say about them except – good luck.

Hope they hit the mother load.

They will need it.

I’ll be happy when the mining shares “act consistently with the commodity prices.” The rig will fail at some point and gold-silver will go much higher … and so will the shares. I’ve seen it in the past and there’s no reason it can’t happen again.

As you mentioned the availability of funding is a prime factor with the juniors who have no income. If they hit big they are likely to get that funding even if conditions are tight.

Do you hold any mining shares? I was of the impression that you do. As far as safety goes then I’ll agree that physical is much safer than the shares and that one should have physical first.

Cheers

If you are talking about PM stocks, I’m afraid you are in for a great deal of disappointment.

The term ‘gold stocks’ has two words … ‘gold’ and ‘stocks’.

The question then arises, are ‘gold stocks’ more a function of gold, or do they operate more like stocks – subject to macro forces.

Now I am not going to go into all the details here (why should I), but suffice it to say, that in the end, when macro conditions are favorable for the group, they will act consistently with the commodity prices (gold, silver, etc); and when the opposite is true, they can and do more often than not act more like stocks.

Considering ‘stocks’ are just rolling over in a C wave that could be as devastating as that witnessed between 1930 and 1931, I wouldn’t count on much for a while yet.

And as for juniors, which are more a function of credit risk in contracting liquidity conditions than anything else – well – I will leave it to you to fill in the blanks.

Cheers mate

Soon. Such a terrible word. Pretty much nothing comes in my time, so who knows?

The dollar needs to crumble, but nothing to crumble against except oil. I see that the paper players have come in to tamp down oil a little bit. Seems they’re going to have to get a lot more active if they want to stop oil.

A shame what happens in our little pm sector.

If our gains are commensurate with our beatings and losses then we’re gonna be happy campers. I hope it’s soon!

It will absolutely crush the middle class, as if it hasn’t already.

Sad and disgusting that we have people that are so truly evil.

have no idea what they have unleashed upon the public .

…or maybe (likely) that is their plan – to gut Constitutional America .

IMHO

All energy went up in price . My employer , a nuclear generating plant ‘seller’ had enticed utility companies to buy our plants by promising to supply nuclear fuel (which we manufactured , as well) at bargain prices into the future . The cost of uranium went up with the price of oil . My employer used ‘Force Majeur’ claims to renege on those contracts…and promptly was sued for breach of contract by the utilities whose hands were tied , preventing them from passing on the cost increases to the consumer public by public utilities commissions . The litigation dragged on for years – a lawyers dream !

It appears the PNAC – project for the new American Century has finally backfired. The goal was to destabilize the region so that Israel could reign supreme has failed and had the opposite effect.

The US is weak now on all fronts, especially with oil. Our demise is obvious to the rest of the world.

We are near the end of the final washout. When they are done accumulating, we’re going to see a rise of epic proportions.
The when is impossible to know though it seems.

TSLA and NFLX strong. NVDA flat and rising. The market is beyond nuts.

Iran, Oman, Kingdom of Saudi & UAE in negotiation to form a maritime coalition

– China is mediating.

– Funny! UAE withdrew from US maritime coalition 2 months ago. So it basically left US to join Iran! ?

?????????? pic.twitter.com/oRk45eFMdN

— ????? ?????????? ???? (@Safarnejad_IR) June 2, 2023

Dollars rushing out of bonds, artificially creating demand for dollars which will then be immediately divested into hard assets, possibly certain stocks.

Miners crushed because energy is everything to their costs. I suppose this lasts until dollar demand collapses or pm’s rise, have to think pm’s will also soak up some of those dollars. The paper riggers will continue until it’s clear physical is drying up.
Don’t know how long that takes but hard to imagine it will last too much longer.

Thanks for the post on RFK and oil Ipso.

They don't want you to know this.

RFK explains how BlackRock, State-street and Vanguard own a huge portion of the S&P 500 companies

They are also purchasing large numbers of homes in the USA. RFK Jr claims that by 2030 they could own 60% of the single family homes in America.… pic.twitter.com/68izrJ9ONg

— Wall Street Silver (@WallStreetSilv) September 5, 2023