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

The miners should not have cratered like that yesterday. They are still way undervalued compared to the metal. It may take earnings and dividends for the funds to value them properly. The explorers have a much tougher task – no earnings.

I don’t see how we can close too much below that number on the spot price.

Shares are back up this am, but of course nowhere near where they were yesterday after the B.S. games with the metals. Why would they be? Every time the metal pulls back a couple % they go in the tank. They can’t be trusted. Yet anyway. So typical.

This is crazy. Even if you try to make price targets for them then wait they’re not supposed to all move together then only for one day. The phyzz has a mind of its own right now and don’t know why miners will all start selling when the need is still there and all the shorts are doing is trying to make some quick money.

especially the ones that piled in yesterday during the afternoon death drop. If not awake already, when they do get up, they’ll be stunned to see silver right back up $9 and heading toward yesterday’s high of $117.

Sorry, not sorry.

Then there are the freshly minted new share shorts. What are they gonna do?

This is a wild ride and not for the faint of heart. The dollar is flattening out today but looks like after it fills a gap (or not), is going to experience its own little death drop. Won’t be helpful to the bear case for pm’s.

Break out the Tums.

Pretty spectacular rebound so far, which would seem to say that all the selling after the closes here in the US was phony paper games.

The Shanghai am fix tonight was $126.89, not slowing down a bit. $4 higher than last night.

Pretty tough to get price discovery if the paper has no anchor. Looks like everything that happened after 1:30 pm EST was bullshot.

Good to see you around. Always like your take on things. All best.

Mexico concessions China controls etc.

Metals will probably chop this week. It’s the only way the shorts on the Crimex can profit. They will then short the next leg up until the ultimate top. This rally may last for years with breathtaking downside corrections to shake off all the little guys.

I wish they would do away with extended trading hours. Trading two hours after settlement can really screw the markets.

Miner shares may have had some profit taking but the G/S prices held on.

Ultimately the shorts will probably get crushed, they were getting crushed this am. The shares, especially the silver shares are another story. They seem to be able to move them down with relative ease, although the bigger they are, the harder it is.

deer79 mentioned DVS. It traded over 2 million shares 10x avg volume is a perfect example. I think they will take it back below $5 again within a couple days, then slowly cover. 3 steps forward, 2 back.

No doubt the producers are way undervalued, but the ones that don’t produce are playthings.

I agree this week will tell us a lot but I think we’re in for a couple of rough days.
Earnings don’t start coming out until mid/end Feb. producers should get a big boost then.

Says one hour ago. Talks about what to watch for and of course your stocks.

My account was up big this morning, and now I log in and all the gains are gone. Did someone post the Rally Monkey?

Re Fed meeting

As u say In the past PM’s always had a lid on ’em during Fed Time….what if this attack has occurred ‘ assumeing’ the Fed/scum will lid the mkts as in the past….but if revaluation is the new reality the Fed ain’t going to be there, to back the raiders up……as building shorts is a straight waste of money……the next few days may tell us an awful lot…..

My guess is the shorts will get slaughtered .

Tax or not, the spread with Shanghai can’t get too wide.

They waited until illiquid times – after Crimex and again after the SM closed. If they could have done it this morning they would have, but there were too many buyers.

Probably be a couple nasty days.

More B.S. in the shares.

it will be worth watching what the night shift (west rim of pacific) does after today’s shenanigans.

Oh geeze no wonder it dropped. If I saw that I would of rotated more but not all out of silver to gold.

sharp contrast in the aug/ag ratio before silver’s abrupt drop and after.

I wasn’t watching DVS though.

They are working OT to make sure we made a top today. They hit all the stocks. All of the damage was done after the Crimex closed, still doing it now. Platinum got murdered.

Fed meeting. Going to be a rough couple days if they can pull it off.

I missed something ?

I didn’t I got some out early near 30 I.mentioned a target then a little today and bought something else.

looks like the new “floor” might be more like 108 rather than 100.