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

Trump also knows what drives company’s away in the first place be bureaucracy and taxing he’s getting out of the way best he can without Demon activist.

It looks like Europe is going the other way towards inflation and all that destroys businesses like Net Zero a dictatorship, open borders confiscation, drives them out of the country. Some so bad like white farmers in South Africa to Russia. Plus for Russia minus for SA. Musk plus for USA minus for SA.

How can Europe keep their business and people when everything they’re doing is creating a hostile environment.

… at $31 – $32?

It’s the largest Cup and Handle Pattern in history.

Is this the year?

Everything’s crossed.

Chuckle

illuminatibot
@iluminatibot
·
1h
Why does Australia have excess deaths at an 80 year high and why in New Zealand are excess deaths at a 100 year high?

I don’t think there will be war between Turkey and Israel. If it did occur, rightly or wrongly, I think we’d be supporting Israel all the way. Erdogan may be monkeying about in Syria to distract from his domestic problems of which there are many.

I’ve always felt uneasy about the US storing nuclear weapons in Turkey. This may come back to bite us!

… if Western Canada wants to avoid these tariffs all they have to do is become the 51st state.

Captain – I’m kind of hoping we can hold $3100 this week. Today has been a great day for gold and the large cap gold shares. No clue what to make of silver except that the silver shares are holding up better than they normally would. Unbelievable to me that the HUI did a 20 pt. turnaround and is up slightly. Should bode well going forward IMHO

Ipso – so Turkey is another NATO member. If Israel and Turkey mix it up and Israel attacks Turkish turf, what happens to that NATO alliance? Just another reason for us to scrap NATO.

I dropped in to see how his Bitcoin related stocks are doing in the sell off but he will sell although I moved to defensive awhile back, were doing.  He made a pretty good speech defending Trump on the economy on his front page I thought I’d share. MSM has been doing a lousy job particularly before the elections were either clueless themselves or helping the left, even bringing the liars to talk without rebuttal.

Cabral Gold hit more BONANZA grade gold at the Machichie NE target, as much as 65g/ton.
8:01am- The markets are acting irrational with this selloff. There’s a massive supply-side tax cut coming which would probably increase capital stock by 10% which is DEFLATIONARY. There are huge cuts in government spending which is also DEFLATIONARY. Deregulation is lowering the cost of everything plus lowering inflation (DEFLATIONARY). Tariffs won’t increase inflation if we onshore business. This week, the USA had one of the best industrial production numbers ever. Buying American instead of foreign things has zero effect on inflation. The mainstream media are hell-bent on convincing us that EVERYTHING Trump does is bad, so they will NOT message us that the pro-growth policies of the Trump administration are NOT inflationary because it differs from their hate-Trump agenda. Think for yourself. So, today Thirdeyeopentrades is looking for buy opportunities. A throw-down day which might result in many bullish reversal hammers by the close. Look, as for Doge, if we reduce government spending, then that will reduce fiscal stimulus and it will lower prices (DEFLATIONARY). The FOMC has it wrong and they should be cutting a full point this year, but they won’t.

… has a good grip on the situation.

Looks like Trump and his benefactors (think Zionists, billionaires, bankers, etc) want to have their cake and eat it too.

Of course, if you wanted to collapse the US economy to install a control state on the sly … well … it could be argued this is exactly how you would go about it.

Welcome to Smoot-Hauley 2.0.

Welcome to another great depression.

But Trump is the little guy’s friend, right?

He didn’t just move the tax burden onto to you right?

Wrong

But it’s Liberation Day – only problem is he liberated the wealthy – not you.

In Warning To Turkey, Israel Strikes Several Bases Across Syria

https://www.zerohedge.com/geopolitical/warning-turkey-israel-strikes-several-bases-across-syria

I think a lot of paper gold longs got shafted today!

Silver longs too although silver isn’t recovering so quickly.

I’d prefer DV to get taken out at a 30 or 40% premium rather than raising a bunch of cash. Even if, I think it’s a solid play … as juniors go.

The majors have been pulling in the big bucks. They are flush with cash for takeovers.

I totally agree about Dolly Varden (as I own a few shares).

OTOH, reducing the number of issued and outstanding shares from 318 million to just under 80 million, will give the company ample opportunity to issue secondary offerings to raise much needed cash!!!!

Sorry, but owning and holding a lot of these shares the past 25 years, has conditioned me to think this way…..

Hope it works out for them.

I’m not usually a fan of a reverse split of shares but I guess this coming “consolidation” of Dolly shares (1 for 4) is for a good reason. Along with it’s listing on the NYSE-American stock exchange it should attract the interest of financial institutions who are prevented from investing in Dolly in it’s present form.

As mentioned yesterday, the Dow/Gold Ratio had reached intermediate support (5 year low), and should see some support (even though it’s crashing).

Today we have stocks and bitcoin trading off dollar weakness more than PMs because of technical selling by CTAs (whoever).

Thing is, if physical deliveries remain high at Comex, and they are, one could think that the combination of that, and the big reduction in speculator open interest (OI) today in gold and silver, will at least bring gold back into the buy zone from an open interest perspective (allowing speculators – and physical buyers – to re-enter at an attractive level). We will see the damage tomorrow and in coming days.

Metals Daily Exchange Volume & Open Interest – CME Group

Silver, unfortunately, may continue to have a tougher time, because once this bounce in the Dow/Gold Ratio is finished, the crash in stocks could be epic, holding the commodity complex back due to growth/liquidity concerns. On this basis, things will not get better until another money printing binge starts.

That said, Trump’s tariffs may cause a global price reset higher (~10%?), which will raise the cost of production on all commodities. So if the cost of production for silver was already $26, soon it could be pushing $30(rounded). Add to this word is leaking that wait times for silver in London could be as long as nine-months now (a rumor) because the bankers continue to attempt to push people back into paper; and someday, some faithful day, the king will finally have no clothes.

They only have five months supply at current run rates.

Just a few thoughts to temper the emotion resulting from this raid.

It would be nice if gold can finish the week above $3,000.

Cheers all

Kudos to Clive Maund if that was the end of the $43-44 GDX correction.

WPM is up over 1/2%

Gold retakes $3100

This never happens – ever.

The shares are being bought/covered?

Someone made a ton of money on pm shares if they bought the open.

Gold now $25 off the lows? Silver still sucks, but that’s nothing new.

Germnan economy on it’s knees, massive gimmiegrant problem and they want to take on the Russkies.

Nothing smells right about this, in fact it stinks……….but someone is buying PM shares with both hands and it looks like no sellers……

but it almost feels like Blackrock and its Algorithm have cooked up a massive free fall, and taken out a lot of “stops” this morning…..

Kicking the dead body!

Dog

Gold down 3%

Dollar down 2%

Makes complete sense……not

Dog