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

Jim Ferguson
@JimFergusonUK
🔥 DIGITAL EURO IS COMING

The European Central Bank plans to launch its CBDC — the digital euro — this October.

Christine Lagarde praises China’s model, calling it “of service to all citizens.”

But CBDCs track who spends what, where, and when — and can be programmed to:

Restrict what you can buy

Expire your money

Freeze accounts based on behaviour or location

Once linked to digital ID, facial recognition & social credit, it’s total control at the push of a button.

🔥 Do you trust them with that power?

https://x.com/JimFergusonUK/status/1970103361581035871

…is the energizer bunny today !!

https://tradingeconomics.com/commodity/silver

Porsche Hits Brakes On EV Ambitions, Suffers Another Guidance Cut As Shares Drop Most On Record

Earlier today, shares of Porsche AG in Germany plunged the most on record after the struggling sports car maker announced it would scale back its electric vehicle (EV) rollout. Porsche scrapped plans for a future battery-powered luxury SUV and shifted focus back to petrol-powered engines and hybrid models. This move will result in a $2.1 billion hit to operating profit and force both Porsche and its parent, Volkswagen AG, to revise their full-year forecasts.

https://www.zerohedge.com/markets/porsche-hits-brakes-ev-ambitions-suffers-another-guidance-cut-shares-drop-most-record

… maybe tomorrow … if this perfectly symmetrical head and shoulders pattern in the Gold / Silver Ratio breaks the neckline …

Everything is crossed … nuts … eyes … everything.

Chuckle

You are most welcome…..always good to see a new Bug….as you have been reading for yrs, then you know the joint and how it operates……

Please feel welcome.

Could This Be Canada’s Next Major Gold Find? Goliath Resources [DD on the Go Episode 4]

Could This Be Canada’s Next Major Gold Find? Goliath Resources [DD on the Go Episode 4]

“most of the shares we have have are based off meeting a bloke in a bar, who said he thought he saw something shiny, when he was out walking the dog, but he couldn’t be sure……”

LMAO !!!

Very timely call. Up 18% 🙂

Just getting the hang of posting here – but have been reading for years.

I am very keen on having polite, free spaces in this world and would like to help save them for future generations.

I do get insights here which I find better than the main media – of course I both agree sometimes and disagree at others!

I have picked up a few tips and had help here  and that is why I mentioned taking a look at Greatland -( which is my biggest investment by far so I admit to having  a bias!)

Cheers

Greatland have two mines – one producing now Telfer,  good for several years with a refinery and a much bigger one, Havieron  not far away, will come into production 2026 , 20,000 + ounces gold plus copper).

Also they have a massive area where they are still exploring.

It should become the third biggest gold/copper mine in Australia,

Cash balance nearly $1 billion (Australian$) from refinery this year – – and no debt!

Quite a lot in the news recently – a little search will find it.

See shares up for you too –

Best regards,

Tks for the info…..it has earnings……what are they…most of the shares we have have are based off meeting a bloke in a bar, who said he thought he saw something shiny, when he was out walking the dog, but he couldn’t be sure……

but seriously tks for the tip.

as we head into the Crimex open. Silver has lost about a third of its gains. Gold about a quarter.

If they reverse it, that’s pretty standard for pm’s, good gains overnight only to be reversed in the US. I’m surprised we haven’t seen that happen multiple times during this run, and I’m not even sure they’ll be able to reverse it, but we’ll see.

The COT Report showed the commercials big add of shorts on the gold side with 33K contracts, FWIW.

Probably Barrick hedging. 🙂

Dollar has slipped negative.

Looks like Greatland trades under the symbol GGPSF here in the states. Looks interesting, just started trading here in July it seems.

They actually have earnings and a 12 PE – Nice!

Gold and mining shares are having a good start today in the UK.

No mining in the UK these days but Greatland Gold (GGP) started trading here years ago as an explorer and has attracted many small investors.

Now shares have become  available in the main Australian market too and is already producing gold and copper with much more to come as the mines develop.

Oddly GGP has a big following here with well attended meetings in pubs around the island.

Hope  the US has a good day too when the markets open.

Apparently too hot for Kitco to handle. Fortunately, Netdania is up to the task as Gold is up $37 and Silver up $.85

Dollar is up, rates flat, oil up a smidge. Crypto is getting smashed, Bitcoin down $2600.  SM negative by .20%.

PM shares flying, as higher price = higher earnings.

Looks like we might take a quick trip to $4K and $50. This freight train is out of control.

Running the Wabash line
https://www.railpictures.net/photo/885423/

Yes, they now display 1 page.
Gold up 8.90+, silver .50+

I just found out Newsom is now going after plants, trees multi and wooden fences after he failed to provide help needed for the LA fires. Wants them removed and we want him removed.