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

A different start

Posted by Buygold @ 6:58 on May 2, 2025  

The overnights have been more friendly, although silver has petered out and is well off its highs. GLD and SLV must have made some gains shortly after the close yesterday, as there is a discrepancy between spot and the two ETF’s.

Nonetheless, the dollar is weaker and rates are flat. Oil is down some and back in the $58 range, SM up a little. Bitcoin too.

PM shares firming some early, we’ll see how that goes as the dollar appears to be inching higher as well.

Jobs Report today should be weak because of government layoffs. I’m not sure those numbers are going to even matter to us, the course may be set for the next few days.

Hopefully we’ll bounce a little today before heading back into battle next week before the Fed meeting.

Trouble in China

Posted by goldielocks @ 6:11 on May 2, 2025  

Protest break out as factory and construction workers threatening to jump off buildings if not paid  and factory’s abruptly shut down.

China Erupts: Furious Workers Riot as Factories Collapse Under Trump’s Tariffs

Gold Train

Posted by Maya @ 1:17 on May 2, 2025  

Track Geometry train
https://www.railpictures.net/photo/878670/

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.