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

They must have noticed

Posted by Buygold @ 11:46 on April 7, 2026  

That the pm shares were outperforming and decided to come in and fix that problem. Buggers.

Is it me, or does the world feel like it’s headed towards a slow motion train wreck?

I think I saw this on Star Trek

Posted by ipso facto @ 10:19 on April 7, 2026  

China Introduces Pistol-Like Coil-Gun Based On Electromagnetic-Launch Systems

https://www.zerohedge.com/technology/china-introduces-pistol-coil-gun-based-electromagnetic-launch-systems

Seems like the shares should be getting hit harder

Posted by Buygold @ 9:51 on April 7, 2026  

especially with the SM down and silver taking a 2% hit.

Then again, there’s a long day ahead.

Dollar is flat, with oil surging toward $116.

Today is the big day for Trump to obliterate Iran, according to him anyway.

Germany’s Debt Spiral: Bundesbank Chief Breaks Silence

Posted by Maddog @ 9:36 on April 7, 2026  

https://www.zerohedge.com/economics/germanys-debt-spiral-bundesbank-chief-breaks-silence

Slowly but surely the world will realise they have to drive Gold higher, to offset debt….it buys more time for free, just the kind of choice todays politicians love.

Goldie

Posted by Buygold @ 9:14 on April 7, 2026  

Yep. It’s all about oil now, and I agree with you on inflation and rates.

The wicked wind of inflation is here, and recession arrives shortly.

I wonder how long the dollar will be able to hold reserve status if oil starts getting sold in other currencies.

I hope there is some plan behind all the warring this century other than to fatten the wallets of bankers, politicians and the MIC.

Buygold

Posted by goldielocks @ 7:29 on April 7, 2026  

I hope not either but have a feeling our hopes don’t matter. Oil and bonds have had a correlation even before Nixon took us off the gold standard setting it free for gold to remain a standard while the attack on oil cannot hold the dollar up so any internal political attack on oil can be a enemy suspect to any country.

Jamie Diamond the debt to GDP ratio was at 120 and Greece collapsed at 130 if media got that correct. Inflation could put us globally in a recession and push interest rates up not down.

Mining stocks are down except TMQ up one of Trump’s projects and gov owns a small portion. Only saw a few stocks though.

Goldie – I agree

Posted by Buygold @ 5:16 on April 7, 2026  

I really hope not, but I do agree.

Things have turned a bit more favorable in the last hour or so though. Oil coming back in, dollar and rates falling, PM’s and shares gaining a bit.

I would love to see some peace break out.

Buygold

Posted by goldielocks @ 4:16 on April 7, 2026  

I think this oil problem could get bigger pretty soon.

Why are they attacking Irans Bushehr nuclear power plant.

Posted by goldielocks @ 4:13 on April 7, 2026  

That could cause a radiation leak that could effect other adjoining countries water ways.

Why is Iran’s Bushehr nuclear power plant being attacked? | US-Israel war on Iran | Al Jazeera https://share.google/ggfQb9Ykck7ODiYBW

Iran threatens to close the strait of Bab al – Mandeb next and how it will affect supplies.

Posted by goldielocks @ 3:41 on April 7, 2026  

Mostly to Europe. Including energy.

Iran threatens Bab al-Mandeb closure: How would that affect world trade? | Shipping News | Al Jazeera https://share.google/1BXTUhopxxGVtQ7HG

$115 oil

Posted by Buygold @ 3:40 on April 7, 2026  

There’s a new reality for a while, and that’s much higher fuel prices everywhere, except maybe Russia.

Quick glance has dollar and rates flat or up a little. SM, gold and Bitcoin down a little. Silver down 1%.

Damage isn’t too severe at this stage. Silver seems to be finding a base here at $70, Shanghai at $80

Shanghai
7 Apr 2026
AM
PM
$81.18
$80.87

 

Can’t verify this either.

Posted by goldielocks @ 0:08 on April 7, 2026  

Almost 8000 comments including a fluent Russian who said the translation is correct.

Can’t verify this but doesn’t look like AI

Posted by goldielocks @ 0:00 on April 7, 2026  

Rabbi said the world is gonna go down to their knees especially the western is going to go down hard. A minute video. Done what?

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