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

Oh dear.

Posted by ferrett @ 18:08 on June 24, 2025  

Leavitt is starting to sound as dumb as the black labradoodle. And it’s sounding more and more like Iraq except that Iran is working towards a bomb. “Everyone knows what happens when you drop fourteen 30,000lb bombs perfectly on their targets: total obliteration.”

Yeah, but they aren’t 30,000lb bombs, sweetheart. It’s a 5,342lb bomb in a 27,000lb body. By comparison, Britain’s Grand Slam, a development of Barnes Wallis’s original Tallboy earthquake bomb, was 9,500lb of explosive in a 12,500lb casing, making the modified Lancasters almost unflyable, but hey that’s what “very brave pilots” are for.

Total obliteration? You just don’t know. You’ve no way of verifying what happened in the mountain. And if the targets had been moved (you don’t need all them trucks for 400kg of uranium) then they weren’t “perfectly on their targets”.

And Trump’s “very brave pilots” flying at high altitude over an area with no aircraft and vastly diminished air defences: yeah, all operations have risks, but for this one the greater risks were probably refuelling problems rather than the enemy.

Contrast all this fluff and bluster with the measured, understated comments of Ian MacDonald, MOD spokesman during the Falklands war.

 

Buygold

Posted by goldielocks @ 17:07 on June 24, 2025  

One of Armstrong’s more recent videos, can’t remember which one I scanned through due to the side tracks of memory lane away from current events and limited time waiting for whatever topic bait and switch thing at the end of it when he was asked he said silver will hit 50 dollars. I don’t know how accurate he is on short term predictions. What ever video it was I posted it here and near the end of it.

Hey aufever, good to see you post

Posted by Buygold @ 16:47 on June 24, 2025  

I’m probably foolishly optimistic, but I do think they’ll hold. I was glad to see GLD close back above the 50 day, not by much but still. We’ll need to see a bounce tomorrow I think, but they owe us some gains given the dollar action, rates too.

The shares are just the shares, they’ll take any opportunity they can to sell them down. Would’ve preferred the HUI above 420, but they chose today to grind down the large caps, they made that apparent from the get-go. Volume was above avg. in most of the large caps, not sure if they were buying the dips or headed toward the exits. I’d think they were buying. We still haven’t had a good run in these shares, they constantly get beaten back.

I thought the silver shares rebounded nicely from the early morning beatdown, so that gives me hope. Silver got back half of the early losses.

Onward and upward old man! Thanks for checkin’ in. 🙂

Posted by aufever @ 14:19 on June 24, 2025  

I remember that Mr.Copper

Here’s My Bold Prediction: posted on 2025/05/13 at 12:47 pm

Posted by Mr.Copper @ 14:05 on June 24, 2025  

We will never see Gold below $3,200/oz , and we will never see Silver below $32/oz. To me they are now support levels. Futures Metals Charts Daily

PS actually these days $3300 might be support

Buygold

Posted by aufever @ 13:34 on June 24, 2025  

Will 3300 and 35 hold?
Don’t tell me you don’t know, because I know you know. 😁

Frustrating

Posted by Buygold @ 13:20 on June 24, 2025  

That as the metals gain a little traction, the shares start to slip. It’s so rigged and non-sensical.

Would like to see the HUI close above 420 and GLD back above the 50 dam. Would give a little confidence that this is just more shenanigans.

Ipso

Posted by goldielocks @ 11:34 on June 24, 2025  

I’ll miss your post but be glad your taking a break and taking care of yourself.

deer79

Posted by Buygold @ 11:07 on June 24, 2025  

The worst indicator I’m seeing is that GLD has dropped just below the 50 dma for the first time all year. Hopefully as the day goes by it pops back above and is a head fake down.

The silver shares seem to be outperforming. Not sure why.

It appears for some reason everyone think the risk off trade is back on and commodities are getting worked across the board, but mostly pm’s and oil.

All the action makes very little sense given the dollar weakness and rates falling.

Gold hasn’t moved in quite a while now and it always seems with gold if it’s not going forward it’s going backward. That bothers me, but the action in the dollar should be friendly if it continues.

The hope is that this might be very temporary. We’ll see how they close them.

Maddog

Posted by goldielocks @ 10:34 on June 24, 2025  

Israel is hopelessly bias against them in turn. When peace talks and plans to allow the inspection of their nuclear plants to be used just for fuel  were underway Isreal murdered them then turned around to insinuate  they weren’t negotiating. Iran puts down their gun Israel picks theirs up.  Isreal wasn’t negotiating it was dictating and sabotaging any peace talks which have to be two sided.  Again to stir up trouble trying to force Trump’s hand in war because for every action there’s a reaction. Oh look Irans bombing us. theyre not supposed to fight back, we didn’t do anything.

Trump is now losing patients after the ceasefire was broken with Israel unloading everything they had on them and striking air bases and again for every action a reaction then the they’re not supposed to fight back. Your supposed to ceasefire we can do whatever we want. They’re acting like children in a fight instead of adults like it’s a game or something.  Trump was so frustrated he said they don’t know what the F they’re doing.

 

 

 

 

Ipso

Posted by Buygold @ 10:28 on June 24, 2025  

Hope all is well and a little break gives you some peace in very chaotic times that are affecting all of us in different ways.

As you know, I’ve done this quite a few times over the years and it has always been better when I came back around. Enjoy brother.

Everything has been solved

Posted by deer79 @ 9:51 on June 24, 2025  

In the meantime, the cease fire has been broken, but that doesn’t matter when the algo’s can take out the major “stops” on the downside…….

 

Never never ends….

silver

Posted by treefrog @ 9:11 on June 24, 2025  

the battle for $36 continues…

ipsofacto

Posted by Maddog @ 8:22 on June 24, 2025  

Have fun.

Forget About Iran, the Real Danger to the Markets Is Coming From Japan

Posted by Maddog @ 7:48 on June 24, 2025  

Japan’s debt markets are beginning to blow up.

Japan is the grandfather of monetary policy insanity. Every crazy move western central banks have introduced in the last 15 years was first introduced by Japan a decade earlier. The U.S. first introduced Zero Interest Rate Policy (ZIRP) and Quantitative Easing (QE) in 2008. Japan’s central bank, the Bank of Japan (BoJ) introduced that lunacy in 1999 and 2001, respectively.

Since that, the BoJ has:

Bought so many shares in Japanese stocks that it is the largest shareholder of Japanese stocks in the world. Indeed, it is a top 10-shareholder in 40% of the companies trading on Japan’s stock market: the Nikkei.

Acquired over 50% of Japan’s debt outstanding.

Launched a single QE program equal to 25% of Japan’s GDP.

Cut interest rates to NEGATIVE

https://www.zerohedge.com/news/2025-06-23/forget-about-iran-real-issue-japan

I’m going to be taking a break from the Oasis for a bit.

Posted by ipso facto @ 7:40 on June 24, 2025  

Good luck to everyone.

Peace must be here, they’re throwing away their pm’s this am

Posted by Buygold @ 5:09 on June 24, 2025  

and the SM is going crazy up, while oil is getting clobbered again, threatening to break below $66.

The dollar is down with pm’s, while rates are flat. PM shares look weak after they fizzled yesterday.

Nothing else to report while we wait for the big PEACE AND CEASFIRE to be broken. Because if there were ever two countries ready to turn Trump into a fool it will be them. Besides, the deep state run by the same bunch in the Pentagon doesn’t want peace.

Missiles fired twds Israel ….so much for the ceasfire.

Posted by Maddog @ 3:56 on June 24, 2025  

goldielocks

Posted by Maddog @ 3:55 on June 24, 2025  

Al Jezeera is hopelessly biased against Israel, always has been….

Gold Train

Posted by Maya @ 3:15 on June 24, 2025  

Antique classics, the Northern Pacific
https://www.railpictures.net/photo/882456/

 

Algezeera

Posted by goldielocks @ 2:17 on June 24, 2025  

Banned from reporting from Israel. Videos and pictures in Israel.

Trump said both Iran and Israel contacted him wanting peace and righousmes. No present news on any more attacks by either side.

https://www.aljazeera.com/news/liveblog/2025/6/24/live-trump-announces-ceasefire-no-confirmation-from-israel-iran

Well well Israel still fighting they just can’t stop.

Posted by goldielocks @ 0:07 on June 24, 2025  
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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.