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

re: West Africa

Posted by ipso facto @ 11:11 on August 29, 2025  

Mark
@Mark_IKN
·
23h
Probability of Mali observing what’s going on in the Burkina Faso gold mining sector and not wondering why it isn’t doing the same thing: Zero percent. And then the domino effect really starts.

Alex

Posted by goldielocks @ 11:02 on August 29, 2025  

The Hungarians I knew were escaping the Nazis. Family’s being shot at they could hear children crying and one I met as a student nurse yrs ago same. The Nazis shooting at him and others as they were swimming across a river and when he got on the other side he flipped them off and got out.

Alex Valdor

Posted by ipso facto @ 11:00 on August 29, 2025  

” I found it ghoulish that the memory made him happy”

That’s cause you’re not a psychopath!

This is the fifth time in 6 mo. that gold topped $3400

Posted by Alex Valdor @ 10:59 on August 29, 2025  

Is this THE surge to $3500 ?

Aren’t we supposed to be out of oil by now?

Posted by ipso facto @ 10:58 on August 29, 2025  

Peter Clack
@PeterDClack
·
Aug 27
Russia has discovered the biggest oil field in history in the Antarctic Weddell Sea, a field is estimated to hold 511 billion barrels, double Saudi Arabia’s reserves & more than 10 times North Sea output for 50 years. It’s a game changer for global energy.

https://x.com/PeterDClack/status/1960889548021567502

IPSO , you are correct , unnecessarily cruel .

Posted by Alex Valdor @ 10:47 on August 29, 2025  

In 1956 , refugees from Hungary were flooding into Canada . My parents took in six . Some took meals at our table ( paid by the government until they found work , I believe ) . I remember one , older than most , who took pleasure telling us one evening at dinner , that he had slit the throat of a Russian soldier border guard from behind , to escape . I found it ghoulish that the memory made him happy .

silver…

Posted by treefrog @ 10:46 on August 29, 2025  

rising demand from tech and solar,

limited ability to upgrade supply,

huge shorts in futures markets…

 

…if (when?) even a small portion of the shorts decide to cut their losses and cover, it could trigger a short squeeze of biblical proportions.

 

we live in interesting times.

 

…got physical?

 

Posted by ipso facto @ 10:30 on August 29, 2025  

Looks like the funds

Posted by Buygold @ 10:26 on August 29, 2025  

want to show they have the pm sector in their portfolio’s.

Good early volume and with the SM down.

Keep that bull rollin’ folks!

$3400 is so ho hum … Come on $3500!

Posted by ipso facto @ 10:13 on August 29, 2025  

Numbers appear to have been friendly

Posted by Buygold @ 8:39 on August 29, 2025  

or at least not a good reason to pile on with the selling.

ferret – good point

Posted by Buygold @ 6:53 on August 29, 2025  

The only things that will be safe are those things you can touch or hold in your hands.

Live by tech, die by tech.

Sell em’ to close the month

Posted by Buygold @ 6:50 on August 29, 2025  

Not just pm’s but everything at the moment. Not terrible for the SM and pm’s yet, but crypto in particular is getting pounded.

Oil hanging out around $64

Dollar up a little, rates up near 2 bips but still down on the week. We’ll see how they look after the PCE’s come out in a couple of hours.

September’s have usually not been kind to the SM, although I wonder how pm’s will react if the SM takes a header. Maybe it will be different this time.

Goldi

Posted by Maya @ 0:49 on August 29, 2025  

I understand.  It sounds like you are in a deteriorating ‘no win’ situation.  You have my prayers and best wishes for the best outcome.

 

Gold Train

Posted by Maya @ 0:47 on August 29, 2025  

The iconic Santa Fe
https://www.railpictures.net/photo/886084/

 

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