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

The Fed Repo window put out $17B to save somebody.  Silver shorts in trouble.  Jon AG has details.  Here is the failure of the Fed…

Got back $5+ from the lows, up $.1.15 at $80.57

None of the other metals are up so we’ll see if we can fight it alone.

Hoped to see it move over 80 but I guess we can’t have everything at once.

Volume low profit taking is dollar and yields up?

Really, I know their baiting, bringing the silver to them and the sellers aren’t getting it back at the price they sold it and limited with difficulty. I wonder what they’re up to now? Psych warfare?

Game on.

Didn’t realize they took us back under $75 at the low.

Shaking week hands out. Asian Guy 17:15 about Monday open in US. One thing he mentioned is the Fed easing. We know that’s coming but checking yesterday Powell said but can’t be sure till he does it that he might hold rates this January, I wonder if he’s watching the PMs,  but knowing more are coming this yr could be a buying opp. if any pull back. 17:15 on.

I won’t do that again!

MG

$7.00 range on the Crimex already. Open interest has remained steady so some new shorts replacing the old ones. Somebody is doubling down on a bad deal.

The currencies of the metal producing countries have participated in the metal rally to a lesser degree. Even the Mexican peso is in the game.

Gonna be a long night for some folks!

rno

That is, if Shanghai isn’t open, what exchange is providing the price and volume data?

Midnight Gardener, see? It’s all your fault for mentioning that ruddy monkey!

Silver was exciting for 20 mins.

MG

Said check the volume, has to be up you don’t want a trap. Check the yields , check oil, should move up  check gold.

Opens in an hour at 9 EST, closes at 3:30 am EST with a two hour lunch between 11:30 and 1:30.

Yep, here come the Kamikazi’s. This had to happen and Sunday/Monday is always their favorite time to do reversals. Lots of paper to throw around tonight. It will be interesting to see what price Shanghai says it is for actual metal. I suspect this is just the opening salvo in what will be a multi-month war.

You know what’s funny? This is familiar territory for us, we’ve seen it so often over the years. They won’t be panicking anyone here at Oasis.

Heavy bombing coming in…… scum are v active.

I’m just buying from a reputable dealer such as Colorado Gold. Anyone charging nosebleed prices is in it for a fools game

Agree certainly not just Samsung etc….that post by eeos from Ed Steer makes clear there are loads of shorts…..

Looks like we have an extraordinary confluence of events ….shorts in huge size, revaluation of Gold and then to cap it all we have monstrous new demand …and a TA picture that says way up, thus confirming the fundementals …..

Down $13. Silver still up $2 but it’s going to be an all night battle.

Gold could be a smoke signal.

https://www.bordergold.com/product/1-oz-2025-canadian-silver-maple-leaf-coin/

Didn’t know a certain simian was considered unlucky. With all my lurking I should have caught that. Oops. I always liked it.

oh well, up 6.48 in first 20 mins works.

For once we get the open we have been waiting for. A really big hard to cover up rally

cheers

MG

…and rising  !!

$82.05 up $2.78

I wonder if this is the day they’ll run it up and reverse us? They love to do that on Monday’s.

If not, the silver shares better be up huge. No more excuses.

I’m with you. I think a lot of us are looking forward to the open tonight. Going to be interesting in Shanghai too.

and…..we’re off silver up $1.19 to $80.46

some feel mention of that particular simian can jinx things.

true? not? who knows?