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

pretty good back and forth.

To tank or not to tank – that is the question.

shares still trying to play catch-up but dollar starting to tank as Goldman buys 10 yr. calls (supposedly)

Too tell you the truth I still don’t know the truth of that particular incident. There’s plenty of blame to go around I think and AFAIC we should stay out of it as much as possible.

Cheers

PS I know that it’s quite common for Hamas to put their installations in amongst civilians and when they’re attacked they cause civilian casualties.

No matter what Joe Demented has cooked up, I don’t see it working….the charts are looking like we go to new Hi’s in Au v soon and keep going….the Oil sector also looks ready to run big time……the news ain’t gonna get good any time soon……according to the charts.

The shorts in the PM stox are about to be nailed to the wall……Nem has to be a screaming buy here.

In the past 7 days GLD is up 4% while $tnx ten year bond rate is up 8%. So both have been going up together. The past 7 days.

On a six month chart with the same overlay, $tnx is up 40% with gold down about 2%, even with that abnormal ridiculous $1825 low on Oct 5-6th.

Speaking personally – I see government and JPM/GS/etc. as two sides of the same coin.

they fine themselves one day, then subsidize themselves the next

Wondering if Powell is speaking. Course, we aren’t getting the pop we should be getting, exactly because he’s speaking.

Thems the rules if you want to own pm’s.

Metals kind of tracking the dollar, but the shares still look like crap

Re JDAM

The Pallys would have lined up all 500 bodies and taken the BBC, NBC etc on a guided tour of every one of them…..This is a classic ploy of theirs, they commit an attrocity , Israel gets ready to clean house and then then Pallys are claiming the Israeli’s hit a school, kinder garden, old peoples home, hospital etc.

and the likes of the BBC, NBC, CNN are wailing for days…….

JDAM pic.twitter.com/A2nCwn7oaq

— The_Real_Fly (@The_Real_Fly) October 18, 2023

They’ll soon find out … it’s a tragedy for them!

Re Poland…the turnout was a major record and the Schwab/EU rent boy Tusk won…….I say that vote stinks……as do so many votes where the WEF candidate wins.

Meanwhile, the European Union ministers are meeting soon to discuss immigration plans on how to allow MORE fake refugees into the EU and distribute them around to different countries.

The new government in Poland will be changing the previous government's policy and accepting a… https://t.co/1VcoS7j8gR

— Wall Street Silver (@WallStreetSilv) October 19, 2023

I’ve never heard of any investors receiving that money. I expect the gov just kept it for itself. That’s doesn’t surprise me.

Hi Ipso,

Yep, their plan has worked perfectly – can’t have that pesky real money threaten their fiat.

Here’s a question – JPM was recently fined $900+ million.

Where does that money go?  I can’t remember seeing anything at all about restitution to the victims of JPM’s crimes.

[snip] ….The JPMorgan case was part of a crackdown by federal prosecutors on illegal spoofing, where traders place bogus orders to move prices up or down and then quickly cancel them before they can be executed. Smith and Nowak used the technique to manipulate gold and silver prices from 2008 to 2016, or the entire duration of the period in which we said – and showed – that gold manipulation was rampant, for which were frequently mocked and ridiculed.

Convictions for Smith, Nowak and a third trader who was found guilty in November, Christopher Jordan, capped a string of wins by prosecutors in spoofing cases targeting some of Wall Street’s biggest banks, including Bank of America, Deutsche Bank AG and Morgan Stanley. Two former Deutsche Bank and two former Bank of America traders previously each received one-year sentences.

JPMorgan, the largest US bank and the biggest US financial criminal enterprise by far, agreed in 2020 to pay $920 million to settle the Justice Department’s allegations against it — the biggest fine by any financial institution accused of market manipulation since the 2008 global financial crisis.

Prosecutors also charged several members of the team Nowak led at JPMorgan. Three of them pleaded guilty and testified against Nowak and Smith. The witnesses described how Nowak and Smith routinely placed huge buy and sell orders they never intended to execute — part of their strategy to push prices in the direction that would profit the bank.

Christiaan Trunz, a former Smith protege and one of the traders who pleaded guilty and cooperated, told jurors that he learned to spoof by watching Nowak and Smith for years. When Trunz came under scrutiny for his own spoof trades, he said Nowak coached him to lie to compliance officials and later counseled him against pleading guilty as prosecutors were preparing criminal charges against top executives on the trading desk.

Trunz testified that Smith was so fast at placing and canceling bogus orders that his colleagues would joke that he needed to put ice on his fingers to cool them down.

“This was an open strategy on the desk,” said Trunz, who sat next to Smith and watched him click his computer mouse rapidly to place and cancel trades. “It wasn’t hidden.”

From <https://www.zerohedge.com/commodities/ex-head-jpmorgans-precious-metals-desk-sentenced-prison-manipulation>

You can hardly blame mining investors from being gun shy. We’ve been hammered for so long that the expectation is that more hammering is on the way. For this reason a turn around is likely to be a drawn out process. But I could be wrong … I often am … ask the missus!

Cheers

Newmont CEO’s Statement on Pending Acquisition of Newcrest Achieving Legal Effectiveness in Australia

https://finance.yahoo.com/news/newmont-ceo-statement-pending-acquisition-204700779.html

North Peak Reports Work Programs at Prospect Mountain Support Interpretation of Deep-Seated Mineralization Below Historic Workings; Drilling Approval Received

https://finance.yahoo.com/news/north-peak-reports-programs-prospect-123000124.html

LEVIATHAN GOLD ANNOUNCES UPDATE ON SHARE CONSOLIDATION

https://finance.yahoo.com/news/leviathan-gold-announces-share-consolidation-203000800.html

Moneta Intersects 0.95 g/t Au over 105.87 m and 1.49 g/t Au over 81.70 m at Tower Gold

https://finance.yahoo.com/news/moneta-intersects-0-95-g-105000385.html

Snowline Gold Intersects 424.0 m of 1.4 Grams Per Tonne Gold from Surface Including 186.5 m of 1.9 Grams per Tonne Gold Adding new Mineralized Extension to Valley Target, Rogue Project, Yukon

https://finance.yahoo.com/news/snowline-gold-intersects-424-0-110000546.html

Labrador Gold Receives Permits to Drill Targets in the Gap and Kingsway South

https://finance.yahoo.com/news/labrador-gold-receives-permits-drill-113000020.html

Lion One Reports High-Grade Gold Results from Zone 2 at Tuvatu

https://finance.yahoo.com/news/lion-one-reports-high-grade-120000310.html

Metallic Minerals Completes 2023 Expansion Drill Program at Keno Silver Project in Yukon, Canada

https://ceo.ca/@accesswire/metallic-minerals-completes-2023-expansion-drill-program

Golden Shield Drills 7 m at 7.50 g/t Au and 15 m at 0.94 g/t Au from Reverse Circulation Drilling at the Marudi North Prospect

https://ceo.ca/@newswire/golden-shield-drills-7-m-at-750-gt-au-and-15-m-at

Sierra Metals Reports Third Quarter 2023 Production Results

https://ceo.ca/@businesswire/sierra-metals-reports-third-quarter-2023-production

Excellon Closes Sale of Oakley

https://ceo.ca/@newsfile/excellon-closes-sale-of-oakley

Ascot Intercepts More High-Grade Gold in the Prew Zone at the Premier Deposit

https://ceo.ca/@globenewswire/ascot-intercepts-more-high-grade-gold-in-the-prew-zone

Evergold Starts Drill Program at DEM Copper-Gold-Silver Prospect, B.C.

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Avino’s Q3 2023 Production Results

https://ceo.ca/@accesswire/avinos-q3-2023-production-results

Zonte Metals Defines the K6 Target Based on Soil Data and Prepares Target for Drilling

https://ceo.ca/@thenewswire/zonte-metals-defines-the-k6-target-based-on-soil-data

Trilogy Metals Provides an Update on the Ambler Access Project

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iMetal Resources Completes Digitally- Enhanced Prospecting and New Interpretation at the Kerrs Gold Project

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Calibre Mining Announces Normal Course Issuer Bid

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Arizona Metals Intercepts Gold-Zinc-Rich Sulphide Mineralization at its Kay Project Western Target

https://ceo.ca/@newswire/arizona-metals-intercepts-gold-zinc-rich-sulphide-mineralization

Carlyle Provides Phase 2 Drilling Strategy at Newton

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Tocvan Recon Sampling Returns New Surface Discovery at Pilar Gold – Silver Expansion

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Centamin PLC Announces Quarterly Report

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Kiboko Gold Provides Corporate Update

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Cerrado Gold Tender Process Oversubscribed with Two International Banks Selected to Act as Mandated Lead Arrangers for Export Credit Agency Supported Non-Recourse Project Financing for Its Monte Do Carmo Project in Brazil and its Mont Sorcier Project in Quebec

https://ceo.ca/@accesswire/cerrado-gold-tender-process-oversubscribed-with-two

could be. I’m not getting any good vibes from the action yesterday or this morning. Oil is back in the $86.50 range, from $89 early yesterday (WTI).

You could be right, maybe peace will break out and pm’s will go back to normal.

Powell is speaking today as well, so there’s that too. We don’t go up when he speaks generally.

but the 10 yr is still up 7 bips. Metals still flat, although inching up a bit.

Shares flat.

Having a hard time getting excited about this action after yesterday in the shares.

Don’t want war, but it’s coming anyway. Curious the Israeli’s are waiting. I suspect they are seeing things in the north and south that give them pause.

Apparently we lost our ambassador or embassy in Lebanon. Tells me our Naval fleet may be intending to bomb Hezbollah from the coast to assist Israel.

Metals look good but the shares are tied to the hip with the SM.

I think the shares were sat on ystydy , as they are trying to bear raid, stop the Gold rally…….What I hear comming out of Israel, is this

Israel must not give Hezbollah a preemptive blow.
– It is forbidden to occupy the strip.
– We were warned against harming civilians.
– Biden forced the introduction of “humanitarian aid”, and loosened the pressure of the blockade.
– The US will give $100 million in aid to the Strip.
– Six billion dollars to Iran were not frozen.
– The administration will continue to claim that there is “no direct evidence” of Iranian involvement in the attack, thus protecting the continuation of its disastrous policy in the IDF from American public opinion.
– The position of the United States is that the majority of Palestinians who voted for Hamas do not really support it.
– Biden reiterated his belief in the two-state solution.

in brief:
Biden blocked any way to an unequivocal Israeli victory picture, something that would make it clear to our enemies that we are weak, and dependent on others. A historic visit indeed. He made an important contribution to tipping the balance of power in the region against us.

If this was to pan out then in theory we deescalate…for a while….hence the hit on PM’s and Oil…..Not sure anyone else will listen to such crap.

Our Globalist masters do not want peace, I understand Israel’s desire for vengeance.

The question is why does the US want war? This is Israel’s gig, not ours.

Guaranteed this will be a wider war. China and Russia will swoop in and pick up the pieces.

US Vetoes UN Resolution For Gaza Ceasefire As Biden Visit Fails To Calm Fears Of Wider War

10 yr approaching 5% @ 4.97%, Dollar flat though.

PM’s flat, dollar flat. Oil down a buck to $87

Not a ZH subscriber, but this would make total sense. Add to the this, there is a meeting involving 120 countries tomorrow for China/Russia belt and road initiative.

NJ Transit trainset
https://railpictures.net/photo/823816/

Yep.  Like Pavlov’s Dog, shareholders have been conditioned to run at the first sign of resistance.

I probably would have run too, except I have already resigned myself to going down with the ship.

On Judgement Day – there will be a lot of explaining to do for the management of these companies

Think about it – the safest place in the world to store your PM is in a mine – it CANNOT be stolen without immense EFFORT!