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

Re diff large caps

Maybe that is a sign institutional money is useing the dip…..

https://www.instagram.com/p/DOotCwPEysX/?utm_source=ig_web_copy_link

1 in 2 Billion chance that he’d be involved in these events.

Pretty impressive. NEM leading the charge.

Seems like there’s a big difference in performance today between the large cap golds and most everything else.

What will the Fed do re: interest rates

Lower one half point (100%, 1 Votes)
Keep them the same (0%, 0 Votes)
Lower one quarter point (0%, 0 Votes)
Lower Three quarters of a point (0%, 0 Votes)
I don’t know (0%, 0 Votes)
Total Voters

Vote Vote!

Should the US government invest in Intel?

No (72%, 23 Votes)
Yes (16%, 5 Votes)
I don’t know (13%, 4 Votes)
Total Voters: 32

Thanks for your responses. I now have options on seeing the charts!

On a Phone !!!!!…we bugs should be useing Wall screens 20 ft or more !!!!!

Tks for the info…

in a thin mkt when the buyers may be nervous of the Fed meeting…are the sellers sure the Fed will help them….that sure wouldn’t be a first…after all the Bills from the Hamptons are now coming due….all that vintage champagne, those fancy foreign chefs, that the trophy wife was so , so keen on and just why were there so many midweek afternoon meetings needed to plan every meal, when you were at the office !!!!…..may as well get the idiot bugs to pay for’it all .

Your charts are much better for viewing on my android phone now.
There had been the sidebar covering a chunk in the middle of them for a while.

die hard bugs and In count Sprott in that camp, as are all the people in any funds….so it has to be spread funds….where do I short those funds…does anyone have any idea….

Wondering if they’re starting their correction a day early. As much as I’d like them to go up every day, we’re overdue.

Deer79 – thanks. It looks like the market thinks those results are good. My only concern with them is some tax loss selling into year end, but even so, it seems $.80 or so is good support.

Might be time to buckle up for a few days.

Sorry about the charts ….I make them fit on my screen…but I probably have a different browser and set up…..Brave running on Linux

Hopefully you have the fix….let us know if not.

I think you’re 25 basis point cut scenario is “spot on.”

The longer we don’t get a correction, the stronger the veracity of a recalibration of the Gold price, comes into play…..FWIW.

Elero came out with drill hole results for 5 holes. (I wish that these PM companies could put their drill hole results into laymen’s terms, so us Gold bugs who don’t have geological expertise, can comprehend them). From what little expertise I have, it sounds like these results have expanded and upgraded the mineralization of tin, and silver.

You can also use your “zoom” function. At 90% or so you should be able to see the whole chart.

Cheers

I don’t see how it keeps going this way. PM’s are acting like the QQQ’s have been for years, where they go up every day for weeks on end with no correction. I’m not complaining, but it’s going to take some getting used to – a new mindset.

That’s the plus side for holding physical, it’s not as tempting to sell when you have some profits.

$5 away at the moment. Looks like silver might have decided to join the party as it’s been flat for a while but is now inching back up. The dollar is faltering with the 10 yr. flat. No doubt in anticipation of a rate cut. Crypto is flat. Oil is up near 1%.

PM shares are solid premarket again.

I think anyone who’s been around the pm market as long as most of us have, must be waiting for a flush. I suspect if they cut .25, then we’ll get flushed hard, the markets won’t like it, the dollar will likely rally, and rates will actually rise. Just a hunch. How long it all lasts is beyond me. IMHO, if this doesn’t happen and pm’s continue higher, then there might be something else and much bigger going on with pm’s, maybe a revaluation? I say this because we are well past time for a pullback.

Some eco data today, the biggest is probably retail sales at 0830.

Wow I’m glad I picked up a little more silver this last weekend and half oz of gold before waiting for a pull back.  Silver even more bullish this morning. I wonder if the Fed is going to actually do a 50 pt instead of 25 nothing burger.

Right click on the chart go to “more tools”, then “magnify image”.

A manageable sized chart will pop out.

Or you can hover over the chart by holding down the right click and pressing the Ctrl button twice.

I don’t know if it’s just a problem with my computer, but is anyone else having trouble with Maddog’s charts that are too wide for the page, getting buried by the sidebar? Thanks.

the 80 area , where we are is huge resistance, or shud be, going all the way back to the 1980 Hi…Once it goes NEM is free

Then look at Nem relative to Gold note the double bottom

then the Hui/Nem ratio…Nem is still miles below the 2022 Hi, let alone the 2001 one

here is NEM?XAU…note the perfect 10 year double bottom we are moving off.

It took the ratio 10 years to bottom and then around another 10 to base , so any rally may be similar……but if the Adens are right and the metals peak in 2026/7, that means the shares have to stay either relatively stronger or actually…but if ‘they’ want Gold up to reduce debt , they need the mkt to stay up, not drop like all previous bull mkts do, which means the the shares will continue to earn vast amounts …hence an even longer bull run in the ratio, say another 8/10 yrs or more.

Re ripe for a correction.

web are approaching that top line on the spread Hui/Gold…and as u say already well stretched…that could well trigger a reaction and cause the mkt to hesitate, to build the power to break out.

That said the Adens are saying we are in the parabolic phase of the bull, that shud run until 26/27…and that buying here is ok ….they are saying $10,000 is quite feasible, with silver way out performing Gold, and the shares way out perform Silver….

They even quote a friend , another analyst who has said $ 25000, would represent 17 % of the debt…..a nice reduction in the Debt risk. This is the first time they have mentioned the idea of useing Gold to reduce debt risk, so u can bet that talk is now going round the Gold World……Although they have constantly quoted how CB’s are the main buyers driving prices, due to their size….

this chart shows both the Monthly range top line and the close….which has just broken but the month has yet to end !!!!!

A Canadian Sunset
https://www.railpictures.net/photo/887326/