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

too bad we don’t get the benefit of a rising SM like we do when it’s falling.

Pretty big reversal in gold from the overnight markets. Probably time for a pause.

How big is yet to be determined. Too bad it comes at a time when earnings start to come out for the big players.

Yes this move in gold is catching a lot of people flat footed because an event like what is unfolding right now has not been seen for 70 years.

This is a monetary event. That’s why silver is being excluded.

Silver will move higher once attention on the monetary event moves onto what they expect to be a period of stability and growth.

I expect this view to be naive and what will happen in the future is a period of commodity strength that sucks up most of new currency in the future (and bond sales) due to increased global demand and supply mismanagement.

We are at the same point in the larger cycle as the turn in 1929 to 1930 right now.

Stocks should be weaker than most expect near-term – then a grinding correction higher for six months or so (where commodities outperform) – followed by a 50 to 80% crash in stocks as rising prices and falling bonds ravage the ignorant.

Bond and bank failures are going to dominate the news next year – along with some possible geopolitical realignments that result.

I wrote about this in the previous decade as a result of being convinced of such an outcome that started by reading Schumacher – Small is Beautiful – Small is Beautiful Revisited 50 Years On – Schumacher Center for a New Economics – amonsgt other cycle/market related studies.

In Elloitt (EWT) terms – this is the culmination of the Grand Supercycle Degree event.

Cheers

Midland Announces the Acquisition of the Kan Gold Project in the Labrador Trough

https://ceo.ca/@GlobeNewswire/midland-announces-the-acquisition-of-the-kan-gold-project

Triple Flag Proposes to Acquire Orogen Royalties Inc.

https://ceo.ca/@businesswire/triple-flag-proposes-to-acquire-orogen-royalties-inc

NOVAGOLD and Paulson Advisers Announce $1 Billion Transaction to Acquire 50% of the Donlin Gold Project From Barrick

https://ceo.ca/@GlobeNewswire/novagold-and-paulson-advisers-announce-1-billion-transaction

Goldshore Intersects 124.35m of 1.65 g/t Au, Including 47.0m of 3.08 g/t Au, at the Moss Deposit

https://ceo.ca/@newsfile/goldshore-intersects-12435m-of-165-gt-au-including

American Pacific Commences Drill Program at the Madison Copper-Gold Project in Montana

https://ceo.ca/@newsfile/american-pacific-commences-drill-program-at-the-madison

Borealis Annouces Timing to Gold Production and Appoints Robert Buchan as Non-Executive Chairman

https://ceo.ca/@newsfile/borealis-annouces-timing-to-gold-production-and-appoints

Vizsla Royalties Announces U.S. Listing on the OTCQB

https://ceo.ca/@newsfile/vizsla-royalties-announces-us-listing-on-the-otcqb

McFarlane Lake Intersects 6.2 Grams per Tonne (g/t) Gold Over 6.45 Metres (M) Within 14.9 m of 3.0 g/t Gold and Discovers New Mineralized Zones at Depth Containing Visible Gold – Assays Pending

https://ceo.ca/@accesswire/mcfarlane-lake-intersects-62-grams-per-tonne-gt

Aztec Minerals Announces Private Placement

https://ceo.ca/@thenewswire/aztec-minerals-announces-private-placement

Barrick Announces Sale of Stake in Donlin Gold Project for Up To $1.1 Billion

https://ceo.ca/@GlobeNewswire/barrick-announces-sale-of-stake-in-donlin-gold-project

StoneX Precious Metals Vault in New York is granted CME Registered Depository status for Gold, Silver, Platinum, and Palladium

https://ceo.ca/@GlobeNewswire/stonex-precious-metals-vault-in-new-york-is-granted

Emerita Intersects 10.8 Meters Grading 4.8% Copper, 1.4 g/t Gold and 8.9 Meters Grading 1.1% Copper, 1.2 g/t Gold at El Cura Deposit

https://ceo.ca/@GlobeNewswire/emerita-intersects-108-meters-grading-48-copper

Triple Flag to Acquire Orogen Royalties and Its 1.0% NSR Royalty on the Expanded Silicon Gold Project

https://ceo.ca/@businesswire/triple-flag-to-acquire-orogen-royalties-and-its-10

Newcore Gold Drilling Intersects 2.50 g/t Gold over 15.0 Metres and 3.00 g/t Gold over 10.0 metres at the Enchi Gold Project, Ghana

https://ceo.ca/@GlobeNewswire/newcore-gold-drilling-intersects-250-gt-gold-over

Astra Exploration Receives $1,025,000 from Early Exercise of Warrants, and Commences Drilling at La Manchuria, Argentina

https://ceo.ca/@newsfile/astra-exploration-receives-1025000-from-early-exercise

Radisson Announces Fully Subscribed C$7 Million Private Placement

https://ceo.ca/@newsfile/radisson-announces-fully-subscribed-c7-million-private

INTEGRA ANNOUNCES STRONG FIRST QUARTER 2025 GOLD PRODUCTION RESULTS FROM FLORIDA CANYON MINE AND INCREASED CASH BALANCE TO US$61 MILLION

https://ceo.ca/@newswire/integra-announces-strong-first-quarter-2025-gold-production

Sitka Gold Intersects 108.9 Metres of 3.27 g/t Gold Including 45.0 Metres of 4.52 g/t Gold Within 352.8 Metres of 1.55 g/t Gold at Its RC Gold Project, Yukon

https://ceo.ca/@newsfile/sitka-gold-intersects-1089-metres-of-327-gt-gold

Skeena Announces Positive Judgment by the Supreme Court of Canada Regarding the Albino Lake Storage Facility

https://ceo.ca/@accesswire/skeena-announces-positive-judgment-by-the-supreme-court

Tudor Gold Increases Overall Gold Recoveries to Over 80%, Produces a High-Grade Copper, Gold and Silver Concentrate for the Goldstorm Deposit at Treaty Creek, Northwestern B.C.

https://ceo.ca/@newsfile/tudor-gold-increases-overall-gold-recoveries-to-over

Golden Cariboo Terminates Drill Hole within Visible Gold Mineralized Zone

https://ceo.ca/@thenewswire/golden-cariboo-terminates-drill-hole-within-visible

Formation Metals Commences Permitting for Fully Funded 5,000 Metre Drill Program at the N2 Gold Property to Build on 877,000 oz Historical Gold Resource

https://ceo.ca/@accesswire/formation-metals-commences-permitting-for-fully-funded

Mako Mining Provides Corporate Update

https://ceo.ca/@accesswire/mako-mining-provides-corporate-update

Providence Update on Tuolumne Property Lease

https://ceo.ca/@thenewswire/providence-update-on-tuolumne-property-lease

Canary Gold Corp. Reports Visible Gold in Panned Samples from Initial Air Core Drilling at Madeira River Project, Brazil

https://ceo.ca/@thenewswire/canary-gold-corp-reports-visible-gold-in-panned-samples

Spanish Mountain Gold Reports Initial Drill Results, Multiple Near Surface and High-grade Intercepts

https://ceo.ca/@businesswire/spanish-mountain-gold-reports-initial-drill-results

PTX Metals Updates: Ontario’s Premier Announces Support to Unleash the Economic Potential for Critical Minerals and Energy in Ontario and Ring of Fire

https://ceo.ca/@newsfile/ptx-metals-updates-ontarios-premier-announces-support

Sokoman Minerals Spins-out Shares of Vinland Lithium Inc.

https://ceo.ca/@newsfile/sokoman-minerals-spins-out-shares-of-vinland-lithium

Michael Gentile Announces Filing of Early Warning Report Related to Acquisition of Common Shares of Astra Exploration Inc.

https://ceo.ca/@newsfile/michael-gentile-announces-filing-of-early-warning-report-16c90

Lumina Gold Announces Acquisition by CMOC for C$581 Million

https://ceo.ca/@newswire/lumina-gold-announces-acquisition-by-cmoc-for-c581

ORION MINE FINANCE PROVIDES UPDATE ON ITS BENEFICIAL OWNERSHIP OF COMMON SHARES OF ALLIED GOLD CORPORATION

https://ceo.ca/@newswire/orion-mine-finance-provides-update-on-its-beneficial-60c54

Sherritt Announces Successful Closing of Transaction to Extend Debt Maturities and Strengthen its Capital Structure

https://ceo.ca/@businesswire/sherritt-announces-successful-closing-of-transaction

Decade Receives Approval for Purchase of the North Mitchell Property in Golden Triangle Surrounded by Reported Resources of 200 Million Gold Equivalent Ounces

https://ceo.ca/@newsfile/decade-receives-approval-for-purchase-of-the-north

but checked out Etherium and it’s been cut more than in half. I think it got up around $3600 at one point.

Litecoin from I think $120, now $77

Interesting that of those sort of “big 4” names, that Bitcoin and to a lesser extent XRP have held most of their recent gains.

G & S slowly gaining ground again.

Rates inching back up as well.

We’ve given up about half the gains from a couple hours ago in gold, and silver has fallen into negative territory.

Dollar rebounding a bit, oil strengthening, as are SM futures. Rates still flat.

PM shares up some in sympathy with the SM early on here but hard to see that lasting, even though gold is still up 1%.

Gold up $68 and silver up $.17. Same script, let gold run, keep silver pinched.

Dollar is weaker, but not too bad. SM futures trying to bounce. Oil and Bitcoin up near 1%. Rates flat.

Gold just a few bucks from $3500. Amazing run in the last couple weeks.

Silver OTOH having trouble trying to break $33, only $.05 away right now, but having more trouble than it probably should be having.

The HUI chart is giving me pause. It’s flatlined the last 3-4 days at the 400 area and looks like it could break down soon if this continues another day or two. I guess that would either coincide with a break in gold, which would take silver down as well. HUI is near 30% above its 50 dma and doesn’t usually get more overbought than that. At least it hasn’t in the last 5 years.

I suppose a sharp move higher in silver along with a SM bounce could give the HUI a lift, I don’t know. Hard to bet on that happening though.

High tonight in gold is $3499.70.

 

Dirty diesels, done dirt cheap!
https://www.railpictures.net/photo/878182/