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

What you say about the shares is exactly what’s happened in this latest quarter. NEM, AEM had great earnings and both were slammed. SSRM and SAND missed big and their shares have been the strongest of the bunch. SAND in particular missed big, estimates were for $.06, they came in at $.01. Now they are a lender, but still ugly and what does that say about the willingness of miners to expand their operations?

The real problem is that the shares get hit even harder if they miss. Talk about a no-win situation. Geesh. You’re right about something else, this has been the case since 2011 – at least. I’d like to think that an influx of volume will remedy this, but it doesn’t appear forthcoming at this point.

Trying to breach sub $80K. That’s well over 20% off the highs. Is it possible that bitcoin is in a new bear market? Or are the crypto players about to find out they’ve been duped and all of them are going to zero? Hate to be the last guy out.

Contrast that with gold and silver. Gold is what 3% off the all-time highs? Silver is silver, off recent highs by about 6% or so.

The only thing that makes this sector look bad is the disaster known as pm shares. SNG is right about the computers and their complete control over the sector. Until they flip the switch, and some actual liquidity comes into the arena as the Captain mentioned, the ugliness of the shares will continue unabated. Just the reality we live in.

Dollar flat. Rates down a few bips. SM trying to bounce. Oil down 1%

There’s some potential market moving eco data out this am but it’s Friday they can do pretty much whatever they want.

is like saying Britain started world war 2. Which, actually, we did. Not only did we declare war, but we sent a third of a million troops and tanks and guns etc into Europe to attack Germany. Which did not end well, but, anyway. Life’s a beach. At Dunkirk.

Germany crossed the final red line by invading Poland (hey you Poles? Who kicked the Krauts out, eh? Wasn’t the Poms or the Yanks) after annexing Austria, Czechoslovakia etc. Ukraine crossed the red lines of genocide of Russian speakers, and applying for NATO membership.