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

A rumour within a hint within a whisper says so-and-so might be almost certainly possibly be Trump’s preferred FedRes chair who is supposed to be a hawk but we know will last less time than a tariff if he isn’t a dove, so everything crashes. Yawn.

Right! All the reasons for this bull market still exist. This is a minor speed bump in the big picture.

Yeah that’s right. I’m just tired and have a bit of PTSD on R/S then delisting when I was one of the few prepared for a crash so any messing with the shares and Im like what??? Hope I have more time for a shopping list of any undervalued if any on any  pull backs along the way.

The  market knows, the shorts knows the debt is still there, QE is still going on and the central banks are buying gold, the interest in treasuries will drop, the Fed will print to buy them when no one else does, the demand for commodities, a possible recession etc etc. Now a Home Depot is closing in Atlanta due to housing situation, amongst other stores.

They’ll have to work harder than that to cause me any concern.

I’m not worried whatever the accounting it’ll be there somewhere.

NGD holders are going to receive a bit less than half a CDE share per NGD share in the deal.

They’ve got gold down and working hard on silver.

Mr Copper I wondered if you got a power out. Yeah I agree don’t go through that again. None of us should.

Ipso those numbers don’t add up.

we can see why! In AUD yesterday’s candle was from $7,300 to $7,942, a spread of $642. That’s more than some of my stuff cost …..

We’ve got to remember that these dealers don’t care about gold, silver, fundamentals, charts, tea leaves, chicken entrails or r#$@y m&%^#ys: to them it’s just profit, loss, margin and cash flow. Zero sentiment.

Silver up near $4, gold $80

My buddy just sold 4K maples without issue @ $107 but that was $5 below spot. No doubt more sellers than buyers.

The note about banks not funding transactions is concerning. Effing banks.

I thank you for the info. So far I’m ok with CDE , I have 8,200 shares and I’m up $100k or 98% profit on it. So I have plenty of downside room to cash out if it starts sliding.

That stock CDE and AG were very annoying to me and went way under water until recently. And the next time they all start sliding I’ll cash out most of shares because I don’t want to go thru any more long corrections.

Actually, I didn’t confirm they had already shipped.
But that was the impression I had. I assume that’s how it has usually been done – lock a price, ship to the buyer/refiner/etc., then get paid. Now they are having trouble even locking a price.

US carrier fleet off Straights of Hormuz with more assets on the way.

Iran, Russia and China to conduct joint exercises in the Sea of Oman and the Indian Ocean over the coming days.

Our main dealer has the same problem, a 20% spread is necessary to give them confidence that they can buy/sell to cover. He would charge me less commission if he knew he had a buyer for my stuff. None of our dealers would suffer the problem of not being paid though. I don’t know anyone who delivers the stuff without payment. Our dealer won’t even see a new person for a large amount without a recommendation.

Looks like a (another) way for the banks to tamp down the market …

Sounds like a lot but I don’t think it’s much different than others.

Called my local coin dealers yesterday. There are a lot more sellers than buyers. Both said cannot get locked in prices from their wholesale buyers/suppliers, nor firm time frames.
Both waiting for payments of metals already shipped. Similar to what we have been hearing. Really hit home being two I have done lots of busines with for many years. I did hear about another one who is buying, which I confirmed. (Have a friend who wants to sell around 20 100 oz bars as part of a property purchase. No, the seller won’t accept in exchange as he is also trying to buy a house).
Then I just saw this blurb in a weekly politics/world/governments report I follow, published Monday:
“Furthermore, reports are emerging that major banks are blocking wire transfers into gold and silver dealers — citing “fraud concerns.” The problem is these are blanket restrictions, not case-by-case reviews.”
Wouldn’t surprise me.

I don’t have enough information on the numbers or how they’re working this out. Online it says  New Gold has 791.7 million  shares outstanding. Cde has .. 637.79 million to 642.2 million shares outstanding. 

They want to increase share to be  1,300,000,000.

Now I found it is to announce some new initiative on drug addiction.
Hasn’t started yet.
With all that’s been going on I was hoping it was something more interesting.

I guess everyone knows Trump is about to make some announcement

Can they close them?

Gold is a stud. SLV finished flat.

Shares cheated us as usual. They owe us tomorrow.

Thanks are you sure? I know they’re not taking shares per say but diluting them which I may see like a reverse split because it’s going to someone else to do it.. I’m not opposed to the merger though and plan to buy it back.  It didn’t say when, so I might wait cuz I think maybe CDE could drop another 4 or so dollars. I don’t know where they’re at right now. Distracted with other things. It may have more government paperwork to do to go ahead I’m not sure.  You can watch Edgar and check when they announce it.

This will be an interesting last hour. Watching the shares.

Thanks but I think you are mistaken. Issuing more shares is the opposite of a reverse split. The company will end up with more shares out not less like in a reverse split. These new shares are to go to the holders of NGD as part of the takeover.

Chart still shows higher highs and higher lows. Don’t let the chop intimidate anyone.

rno