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

Scoop: the world’s biggest gold mining company has cut nearly a dozen senior managers, including an executive, in a sweeping corporate overhaul.

https://x.com/jacoblorinc/status/1866193046091522315

Can the HUI close above 310.  If so, then maybe we have a chance to keep rolling into the Fed meeting, unless they reverse everything tomorrow on the PPI numbers.

It’s all about silver right now. JMHO

https://x.com/i/status/1866602334324933042

The only thing you need to understand about Trump is he is a fake joo … like the rest of the money grubber billionaires. It’s been like this for thousands of years. The only thing they really worship is money.

These types don’t care about anything but money and power – and they will do anything to get it – with lying and deceit at the top of the list. Crypto – no problem – it will get everyone use to the concept of ‘secure transactions’ while you lose your privacy and property rights. But they have to be clever about it. If they fail the trick is to not get hung.

So, they have to get rid of America because it stands in their way. The states are beginning to see they are not part of the formula and are fighting back. Let’s hope they are successful.

And it looks like the Euro dream is failing big time too. If you see the union break up it’s all over for the globalists.

That’s the biggest and most important thing going on right now – the failing Euro experiment.

A cold winter could go a long way to aiding this failure if energy prices surge – further exposing these commie C’s for what they really are – maroons – as Bugs Bunny would say.

Interesting times.

Cheers

I’m looking forward to seeing more acquisitions … and the bigger the premium the better!

If $14.60 is a normal price for gold in the ground then we may see more acquisitions soon …

( obviously other factors come into play, primarily how cheaply the gold can be mined, state of development, jurisdiction etc )

That’s because accelerating inflation is good for the economy.

Didn’t you know that?

Where have you been?

These jokers are something else.

Chuckle

Your a level headed and like many here a seasoned trader. I agree with not holding long any stock. I just trade for hobby now and don’t even watch them every day anymore.  Some may have done well in solid equity or S&P  index long but gave it back a few times.  I know what you mean about hearing gold going through the roof. Pento doesn’t hold it long either and trades current phases. He doesn’t trade for the future where anything could happen but has good insight on why it could happen but stays open minded. I think he’s right about staying awake right .now.

He may explain why Armstrong said you’ll need gold in the future to live wouldn’t say why he said that

…..is the new “Play toy” for the 20 something year old programmers/traders to play their games with……

Certainly nice to see a junior getting taken over by a larger miner. Hard to tell if it’s a “fair” price or not. Borealis’ news statement claims “an acquisition price of approximately $.60 per Gold Bull share (closed yesterday at .326) or a ratio of .93 Borealis shares for each Gold Bull share (Borealis closed at .65 Canadian, which works out to .46 in US dollars).

A premium, yes, but perhaps not so much……

I would hope the Chinese are back in. Hard to see any real movement before the Fed meeting but ya never know what they have planned.

CPI numbers were all in-line with expectations.

https://x.com/WallStreetMav/status/1866754804841844794

I think Trump is a Zionist with regard to Israel’s right to their land and the defense thereof and he fully supports their defense. No idea if he is a mason. George Washington was a mason.

It seems the folks that told us there was no way Trump would be allowed to be president are now defaulting to Trump is part of the Globalist plan. Or worse, the anti-Christ.

There are a lot of factions within the Globalist party, I don’t think Trump is one of the “Luciferian, Globalist, pedophile” elite like most of them, nor do I believe he is one of them. Time will tell, and he has some proving to do. He has some good people surrounding him and believe it or not there are some decent people in the world.

I’d like to hear from the Captain whether he agrees with Rogers-Webb’s assertion that the American people are duped time after time because of their Judeo-Christian culture that began somehow began with the killing of animals.

It is possible to be right about financial things (as he is about stocks not being our property) and be a raving lunatic at the same time like Rogers-Webb. The need to be right and feel superior is a powerful drug. Pride is ruinous.

Physical metal in your possession would seem to be the solution to what he rightly asserts is happening in the financial system.

https://schrts.co/wPbFYeAs

My posts explained how I have traded pm stocks.  I have also invested in pms.  We have physical gold that we have bought and held with a cost basis below 800.  Now if you divide the gain over the decades it is not that great.  But the physical is there and there is a good gain.  I can’t think of any pm stock I would just buy and hold.  I had thought that about NEM because of the dividend but now the yield is not competitive and the chart turned ugly.  Glad I sold when I did.  I know some like the big conglomerates to buy and hold.  Russell was a fan of that idea.  But so far it seems it has not worked.  Nancy also invested that way.

aurum

they tried to take out $ 2700…but so far have failed….no matter the No’s.

Lets see if the Chinese were buying o/n…that we never really backed off o/n. suggests they were indeed buyers.

No real effect on pm’s or anything else, although the dollar is slipping. I think “in-line” is good enough for a .25 cut by the Fed next week, which in turn is good enough for a pop in tech, but not good enough to send gold up through $2700. Silver sinking well below $32 now.

The shares though are surprisingly firm, so maybe it will change before they go back down.

Market watch doesn’t have the actual numbers up yet, but I’ll post when they do.

Thanks for your input … food for thought.

Cheers

I wish I had a dollar for every time I have heard gold going through the roof.  It probably will happen some time, but I won’t hopium on it.

As far as stops, I have no hard stops set.  After the open and before the close I run through the charts for my positions and sometimes the charts of my watch list to see how the stock is acting.  Probably something to do with aging, but I find myself being influenced by my mood sometimes buying too much or selling too much.

I only sell on the open if some news that could be negative is shown on ipso’s list.  Otherwise I wait for at least the first hour to act.  I have quit trading the overnight market because even using limit orders it has not worked for me.

aurum

Dollar up nicely, Rates up 2 bips. PM’s mixed, with the weak sister silver down per the norm. Shares are up a little – surprisingly.

Bitcoin back on the march above $98K. Oil up over 1%

I’m at the point where I don’t expect anything good to happen in pm’s for a while. I’d like to be wrong again.

We’ll see what happens after the numbers.

ATEX Announces Results of Second Metallurgical Program Further Demonstrating Outstanding Recoveries for Copper and Gold at Valeriano, Phase V Drill Program Underway with Fourth Rig Being Mobilized

https://ceo.ca/@newsfile/atex-announces-results-of-second-metallurgical-program

Maritime Begins Crushing at the Pine Cove Mill and Provides Update on Restart Activities

https://ceo.ca/@newsfile/maritime-begins-crushing-at-the-pine-cove-mill-and

Canterra Minerals Anticipates Receiving up to C$3.5 Million in Funding on a Non-Brokered Basis and No Longer Pursues Previously Announced Brokered Offering

https://ceo.ca/@newsfile/canterra-minerals-anticipates-receiving-up-to-c35

Heritage Mining Announces Exploration Permit for Contact Bay Project

https://ceo.ca/@thenewswire/heritage-mining-announces-exploration-permit-for-contact

Lahontan Gold Announces Positive Preliminary Economic Assessment for Santa Fe

https://ceo.ca/@accesswire/lahontan-gold-announces-positive-preliminary-economic

Evergold’s DEM Prospect in B.C. Returns High Grades of Antimony in Drilling, Within a Broad System Also Hosting Gold, Silver and Additional Critical Elements

https://ceo.ca/@GlobeNewswire/evergolds-dem-prospect-in-bc-returns-high-grades

Omai Gold Commences Diamond Drilling on Gilt Creek Deposit in Guyana

https://ceo.ca/@newsfile/omai-gold-commences-diamond-drilling-on-gilt-creek

LAURION Announces Drill Intercepts of 37.70 g/t Gold over 0.50 m, 6.60 g/t Gold over 1.00 m and 2.075 g/t Gold over 3.50 m at Ishkoday Project

https://ceo.ca/@thenewswire/laurion-announces-drill-intercepts-of-3770-gt-gold

Dakota Gold Intersects 2.22 grams per tonne gold over 50 meters at Richmond Hill in Drill Program to Expand Resource

https://ceo.ca/@newsfile/dakota-gold-intersects-222-grams-per-tonne-gold-over

Nova Minerals Finds Gold up to 141 g/t Au from Rock Samples at the Stibium Antimony-Gold Prospect on its Estelle Gold and Critical Minerals Project, in Alaska

https://ceo.ca/@GlobeNewswire/nova-minerals-finds-gold-up-to-141-gt-au-from-rock

GFG Announces Proceeds of C$3.7 Million from Warrant Exercise Accelerates Exploration Programs in Timmins

https://ceo.ca/@GlobeNewswire/gfg-announces-proceeds-of-c37-million-from-warrant

Scorpio Gold Drills 1.69 g/t Gold over 55.7 Metres at the Manhattan District, Nevada

https://ceo.ca/@newsfile/scorpio-gold-drills-169-gt-gold-over-557-metres

Bonterra Announces Additional Assay Results from Moss Target and Restart of Drilling by Gold Fields at Phoenix JV

https://ceo.ca/@newsfile/bonterra-announces-additional-assay-results-from-moss

FireFox Gold Expands the Mineralized Trend at the Jeesiö Project in Lapland, Finland – New Trench Reveals 14.62 g/t Gold over 2.84 metres at Undrilled Prospect

https://ceo.ca/@accesswire/firefox-gold-expands-the-mineralized-trend-at-the-jeesi

Endeavour Announces Positive PFS Results for Assafou Project in Côte d’Ivoire

https://ceo.ca/@GlobeNewswire/endeavour-announces-positive-pfs-results-for-assafou

RETRANSMISSION: Grande Portage Completes Non-Brokered Private Placement

https://ceo.ca/@accesswire/retransmission-grande-portage-completes-non-brokered

Gold Mountain Announces $1.5 Million Flow-Through Private Placement

https://ceo.ca/@accesswire/gold-mountain-announces-15-million-flow-through-private

1911 Gold Announces Upsize To Previously Announced Non-Brokered Private Placement To $8.1 Million

https://ceo.ca/@newswire/1911-gold-announces-upsize-to-previously-announced-52486

ONGold Announces Private Placement

https://ceo.ca/@newsfile/ongold-announces-private-placement

GLEN EAGLE RESOURCES INC. ANNOUNCES OPTION AGREEMENT, GEM SETTLEMENT AGREEMENT, AND SHAREHOLDER APPROVAL OF THE OPTION AGREEMENT

https://ceo.ca/@newswire/glen-eagle-resources-inc-announces-option-agreement

Lundin Mining Publishes Swedish Short Form Document for Offer of New Lundin Mining Shares in Connection with the Acquisition of Filo Corp.

https://ceo.ca/@newswire/lundin-mining-publishes-swedish-short-form-document-d219f

Pinnacle Provides Updates on Proposed Acquisition of El Potrero Gold-Silver Project in Mexico, and on Canada Postal Strike and Mailing of the Company’s 2024 Annual General Meeting Materials

https://ceo.ca/@thenewswire/pinnacle-provides-updates-on-proposed-acquisition-of

Nord Precious Metals Begins Metallurgical Testing of 79 Grams per Tonne Silver Tailings from Beaver Property

https://ceo.ca/@thenewswire/nord-precious-metals-begins-metallurgical-testing-of

Borealis Mining Announces Acquisition of Gold Bull Resources

https://ceo.ca/@newsfile/borealis-mining-announces-acquisition-of-gold-bull

Dundee Sustainable Technologies and ESGold Corp. Collaborate to Test Montauban Tailings Using Revolutionary CLEVR Process

https://ceo.ca/@newsfile/dundee-sustainable-technologies-and-esgold-corp-collaborate

Novo Secures Strategic Land Position in the Onslow District Western Australia

https://ceo.ca/@GlobeNewswire/novo-secures-strategic-land-position-in-the-onslow

Bayhorse Silver Underground Drilling Underway at the Bayhorse Silver Mine, CEO Discusses Bayhorse Concentrate Antimony Content

https://ceo.ca/@newsfile/bayhorse-silver-underground-drilling-underway-at-the

Grit Metals Reports Widespread Gold and Copper on Its Central Lapland Greenstone Belt Gold Project in Northern Finland

https://ceo.ca/@newsfile/grit-metals-reports-widespread-gold-and-copper-on-its

Element79 Gold Corp Provides Corporate Update with Focus on Peru, Nevada Projects

https://ceo.ca/@thenewswire/element79-gold-corp-provides-corporate-update-with

Beauce Gold Fields Discovers Significant IP & Soil Anomalies at the Headwaters of the Historical Placer Gold Mine

https://ceo.ca/@thenewswire/beauce-gold-fields-discovers-significant-ip-soil

Sandstorm Gold Royalties Enters into Automatic Share Purchase Plan and Renews Credit Facility with Reduced Interest Rates

https://ceo.ca/@newswire/sandstorm-gold-royalties-enters-into-automatic-share

Sky Gold Corp Cancels Financing

https://ceo.ca/@accesswire/sky-gold-corp-cancels-financing

Norden Crown Identifies New Copper Porphyry, Epithermal Gold, Copper, Silver, Gold CRD Targets at Smart Creek

https://ceo.ca/@GlobeNewswire/norden-crown-identifies-new-copper-porphyry-epithermal

Benton Recommences Drilling at Great Burnt Copper Deposit, Extends South Pond Gold-Copper Zone to 2.3 km, and Discovers New Sulphide Zone 1 km South of South Pond

https://ceo.ca/@newsfile/benton-recommences-drilling-at-great-burnt-copper-deposit

Palisades Goldcorp & Radio Fuels Announce Business Combination to Create Leading Resource Focused Investment Issuer

https://ceo.ca/@newsfile/palisades-goldcorp-radio-fuels-announce-business

VR Resources Confirms Mafic-Ultramafic Intrusion with Magmatic Sulfide in First Two Drillholes at Empire Project, Ontario

https://ceo.ca/@GlobeNewswire/vr-resources-confirms-mafic-ultramafic-intrusion-with

Erdene Provides Corporate Finance Update

https://ceo.ca/@GlobeNewswire/erdene-provides-corporate-finance-update

Many wavers have commented on the unusual chart patterns particularly in pms.  This primarily applies to the mid caps and bigger.  I will let you draw your own conclusions as to why.  In any case, it has added to the difficulty in trading.

With all pms I am trigger happy to sell.  Any news that could be negatively construed or negative as say dilution, I sell most or all.

I wouldn’t let a big cap drop more than say 20% and the juniors say between 30 – 50%.  You just do not want to have a position that has no hope of seeing light.

Of course this leads to the occasional outcome of having sold a 10 bagger by not being patient enough.  Still I do sometimes rebuy one that I recently sold.

Also I don’t like having a large amount in one name so if that happens I sell some.

Just how I do it, missing the big gains but also missing the loser pain.

aurum

I see, and you guys seem to do better than most picking the juniors. I think Thomson was referring to the larger caps mostly.

With the juniors it’s almost a case of 0 or 10 bagger. Just have to get 2 out of 10 right I suppose. 🙂

maddog – The large caps are under total control. It’s really tough to rely on charts for their performance because their tendency is always down and the manipulators and naked shorters love to engineer upside head fakes. They clean up all the time on false breakouts. No other sector like this one – literally.

Here is a quarterly chart with a well established downtrend, going back to 1996 and a well established up trend , going back to 2016…..with the ratio having almost no range left….without breaking out…..

Here is the monthly chart…where recent action can be either an Inverted Head and Shoulders base forming, which if so and the right shoulder is @ equal in time to the left ..says we have @ another 7 months of misery…..or if we call very recent action a bull flag, then we should run higher this month, as the pole and flag are both 6 months…..

I used the XAU as I have more historic data for that than the HUI…..

That can work as long as you stay pay with stops. If Pento is right on inflation and gold going through the roof,  hyperinflation,  helicopter money even before then you could even buy options during that phase in heavy volume of the major producers or if you could option the major ETFs.

UPS. Santa’s Helper
https://www.railpictures.net/photo/872874/