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

Could have been way worse for the shares

Posted by Buygold @ 17:23 on January 17, 2025  

Course the metals looked like garbage. Is there any doubt that it was option related action in gold at the $2700 level? Silver seemed to be all about closing the futures market at $31 right on the money. Criminals do what they will.

Rates closed positive with the dollar, so there’s that. We caught a serious break with the shares, HUI broke above the 50 dma although everyone here knows that means zilch. Not sure about Maddog’s chart on the GDX, but breakout in pm’s are made to be sold.

Funny how that doesn’t bother the SM or Bitcoin, it was up $5K today. We live in a clown world, nothing is real anymore, although I do hope that when Trump arrives on the seen with his cabinet picks, prison is going to be real for a lot of big named politicians. He has to completely wipe out the deep state or be consumed by it later. Monday is where the rubber meets the road, really hoping he comes thru.

Going to be interesting next week, hopefully we can resume our snails trend higher.

 

 

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