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

“There is no hurry to sell something you own, if prices keep rising.”

Very true and I think we are on the right side of the trade. Commodities have a long way to run …

There is no hurry to sell something you own, if prices keep rising. I once heard T Boone Pickins I think it was, say, “If I have a million barrels of oil and its going up, why sell it now, if a month later its worth more”? Price Manipulation of commodities prices since 1971, has been turning into price discovery (correct prices) catching up to them from after 9/11.

I saw Copper charts showing $1/lb from 1972 to 2003 and flew to $5 I think.  Copper today $4.71. It still WAY WAY too cheap for what it is and how important it is. $5/lb in today’s is .25 cents/lb in 1972 money. So Copper is net cheaper today than 50 years ago.

Gasoline at $5/gallon is the same as .25 cents a gallon in 1970. Average pay today I heard in $35/hr. Same as $1.75/hr, the minimum wage around 1970? or late ’60s.

Thanks for the comeback. Re Feds balance sheet. I wonder if they do first in first out, or last in first out.

bbl

https://twitter.com/WallStreetSilv/status/1511850978118672390

How could I forget the Beach Boys!

Maybe the next generation will be driving shopping carts!

I guess it’s better to do that “ with the carts” than some places that will no longer let you take them out the door because of it. There thinking too sma though. If I was homeless and owned nothing I’d get one of those electric scooters and keep going. Remember this song. Who knew it would be our generation they were singing about.
The little old lady from Pasadena
She drives real fast and she drives real hard
She’s the terror of Colorado boulevard
It’s the little old lady from Pasadena

https://finance.yahoo.com/news/snowline-gold-locates-5-1-135500754.html

450GB Of ‘Deleted’ Hunter Biden Laptop Material To Be Released Within Weeks

https://www.zerohedge.com/political/450-gb-deleted-material-hunter-biden-laptop-whistleblower-vows-release-images-videos-and

Abbott: Texas will charter buses of undocumented immigrants to DC

https://www.fox7austin.com/news/greg-abbott-texas-border-security-charter-buses-illegal-immigrants-dc

LOL I’m sure many others have had the same experience. A shame that there’s a need for those locks …

Kinross provides update on Great Bear development

https://finance.yahoo.com/news/kinross-provides-great-bear-development-115500405.html

Westhaven Drills 23.03 Metres of 37.24 G/T Gold and 209.52 G/T Silver, Including 1.12 Metres of 294 G/T Gold and 2,110 G/T Silver at the FMN Zone, Shovelnose Gold Property

https://finance.yahoo.com/news/westhaven-drills-23-03-metres-144000873.html

Wallbridge Identifies Additional Gold Mineralization Within Fenelon Resource Footprint And Expands Area 51 Zone To The Southwest

https://finance.yahoo.com/news/wallbridge-identifies-additional-gold-mineralization-103000507.html

Cabral Gold Reports Positive Results from New Surface Trenches West of Machichie Main Zone, Cuiú Cuiú Gold District

https://finance.yahoo.com/news/cabral-gold-reports-positive-results-103800783.html

Reyna Silver Follows Up Discovery Hole GG21-28 – Expands Mineralized Skarn Footprint to 0.5 KM2 and – Finds Multiple Indications of High-Level Mineralization

https://finance.yahoo.com/news/reyna-silver-follows-discovery-hole-110000163.html

Fury Commences Drilling at the Eau Claire Deposit

https://finance.yahoo.com/news/fury-commences-drilling-eau-claire-110000531.html

Victoria Gold: Eagle Gold Mine Q1 2022 Operational Highlights

https://finance.yahoo.com/news/victoria-gold-eagle-gold-mine-110000785.html

Karora Announces Updated Consolidated Gold Mineral Resource Highlighted by Maiden Gold Resource for the Larkin Zone at Beta Hunt; Consolidated Mineral Resource Now Totals 2.71 Million Measured and Indicated ounces and 1.21 Million Inferred ounces

https://finance.yahoo.com/news/karora-announces-updated-consolidated-gold-113200946.html

Eskay Mining Closes First Tranche of Non-Brokered Flow-Through Private Placement

https://finance.yahoo.com/news/eskay-mining-closes-first-tranche-120000946.html

VIZSLA SILVER ANNOUNCES FILING OF PANUCO TECHNICAL REPORT

https://finance.yahoo.com/news/vizsla-silver-announces-filing-panuco-122800109.html

Gold Mountain Intercepts 207 g/t at the Elk Gold Project

https://ceo.ca/@accesswire/gold-mountain-intercepts-207-gt-at-the-elk-gold-project-91088

Sixty North Gold Negotiates Proposed Amendments to Earn-in Option Agreement to Acquire All of New Discovery Mines Ltd.’s Interest in the Mon Gold Property, NWT

https://ceo.ca/@newsfile/sixty-north-gold-negotiates-proposed-amendments-to-8ff1f

Bayhorse Silver Makes Breakthrough in Understanding Structural Control of Mineralization, At Bayhorse Silver Mine, Oregon, USA

https://ceo.ca/@newsfile/bayhorse-silver-makes-breakthrough-in-understanding

/R E P E A T — Zacatecas Reports Multiple High Grade Silver Drill Intercepts at Panuco North Including 1.25m at 1440 g/t AgEq in Hole PAN2022-042 and 4.35m at 375 g/t AgEq in Hole PAN2022-44./

https://ceo.ca/@newswire/r-e-p-e-a-t-zacatecas-reports-multiple-high-grade

E2Gold Intersects Wide Zones and High Grades in Step-Out Drill Program

https://ceo.ca/@accesswire/e2gold-intersects-wide-zones-and-high-grades-in-step-out

Bonterra Intersects 7.1 g/t Au over 7.6 m, Including 20.1 g/t over 1.4 m and 13.2 g/t over 1.4 m, and Extends the Near Surface Mineralization by 200 m to the Northeast of the Barry Gold Deposit

https://ceo.ca/@newsfile/bonterra-intersects-71-gt-au-over-76-m-including

TRU Precious Metals Drills More Gold at Golden Rose Project and Releases Woods Lake Gold Zone Model

https://ceo.ca/@newsfile/tru-precious-metals-drills-more-gold-at-golden-rose

Damara Continues to Intersect High-Grade Gold at Kodiak Zone with 1.35 meters at 46.51 g/t Gold and 32.2 g/t Silver, and 1.30 meters at 31.80 g/t gold and 47.3 g/t Silver. Land holdings have been doubled to 17,519 hectares

https://ceo.ca/@thenewswire/damara-continues-to-intersect-high-grade-gold-at-kodiak

USD, Rates, Bitcoin, PM’s & SM drifting sideways.

Shares flat. Surprised HUI 300-310 has actually held during this fake breakout.

Agree with Maddog on the buyers and it’s definitely not Joe Retail.

Haven’t heard much about the Rubles and Gold for oil & Nat Gas lately. I wonder if Putin has buckled?

I learned about those locking carts the hard way. I went shopping one place and for groceries decided to go to another store next to it to look at something near the holidays and the whole thing just locked up. I couldn’t get it unlocked either so I had two choices. Drag it to my car which I should of did first but didn’t want someone trying break in or hurry back and get another cart and stop before it locked. I chose to get another cart.

You don’t understand sir. You are going to have to just stay inside your blue tarp tent. If you don’t have one, one will be provided for you.

Speaking of grocery carts, my honey has informed me that many of the grocery stores she goes to have installed electrical locking devices on the carts and that a certain distance from the store the lock kicks in and the wheels won’t turn …

….and I’ve been living on the street since 2030…..and now you’re giving me a free house to stay in too?  …..but would you kindly tell me my new address and how to get there?……and do I have to come out in a week? …and I hope there’s room there to park my shopping cart…. YUP, I think I’m gonna like this “you’ll own nothing and you’ll be happy” Sir. Thankyou Thankyou!

Who wants to buy an older lower rate bond when the new bonds have higher rates?

The Diff is in what u pay for the Bond…..that makes up for the difference in rates…..Say u have a $ 1 million bond paying 5 %, but rates are now 10 % and 5 yrs left to run …..the annual 5% Loss would be made up in how much u pay in cash….u would pay less $ 750,000 tks to compounding on the capital amount …. ((1 million* 5 %) * 5 ) = $250,000. So u get back the $ 1 million plus 5 yrs at 5 % = $ 250,000 = $ 1,250,000….but u only paid out $ 750,000 which = $ 500,000, which is 10 % on $ 1 million over 5 yrs.

It should not be a problem…..the problem comes when rates rise, then if u sell early before the maturity date, u get a capital loss…see above and therefore buyers run away from bear mkts….worse than in any other kind of mkt, because of that risk…if u run to maturity u get no capital hit….but u get an opportunity hit…u lost interest .

You don’t sound proud of our leadership! That’ll be five social demerits on your score. You can’t go out of your house for a week!

….. with a lot of other P.O.S. and found myself thinking “I wish someone would flush that thing”!!

Musta been a dream! :o(

MEGHAN MCCAIN: Only Joe Biden could turn a harmless photo-op with Obama into an embarrassing disaster. Here’s why the video of our confused commander-in-chief should frighten us all

https://www.dailymail.co.uk/news/article-10692683/MCCAIN-Tuesdays-disastrous-photo-op-reminded-world-Biden-appears-serving-only.html

I’m no Bond pro, but they say the Bond purchasing prices or values of the Bonds go up if the later issued bonds have a lower interest rate. Opposite if rates go up. Your older bond with a lower rate, has to be sold at a loss. Who wants to buy a lower interest Bond? Unless you get a discount on that Bond.

So if the Fed bought bonds at higher rates, the Bonds gained value as rates dropped. So when they bought the Bonds, and drove rates lower, they drove their profits or Bond values higher on the previously bought higher interest Bonds. So to me it looks like a no brainer fraudulent short play (inside information) as they bought bonds that gained value as rates dropped.

So they are cashing out profits?? And Bond guys out there? What do you think? I’ve never seen any news on this. Re Fed profits and losses on bonds. When they raised rates to 21% in the ’70s they must have been SELLING new Bonds that paid higher rates. And those Bonds LOST value as they raised the rates. Literally losing money every time they sold bonds. Who wants to buy an older lower rate bond when the new bonds have higher rates?

Maybe inflation hits the juniors harder?

I think their weakness is more a sign that the general public are no where near these shares, what we have seen is some institutional buying of the majors, as the institutions take some protection and that has barely started.

“Maybe inflation hits the juniors harder?”

Yeah or maybe the lack of financial resources in general. If money does really get tight then that’ll hurt em.

HighGold’s been a disappointment that’s for sure. I’m holding on to it for now. Hopefully they come out with some new monster holes.

I’m out for a bit.