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

Been reading some forums regarding financial risk in UK mkts ….now we have an idiot government

Posted by Maddog @ 11:34 on November 1, 2024  

and saw this comment…..seems the City/Banksters never learn.

PS i hear this all the time where I work.
“Yes we have mitigated this risk through hedging. We have booked X swaps and have a line of credit with Y”
“Hmmmm who are the swaps with”
“Goldies”
“In extreme market stress will Goldies settle those hedges?”
“Mmmmm dunno”
“Do you think the l/c will be honoured”
“Mmmmm dunno”
“Well you haven’t mitigated the risk have you…..”
“But but this will never happen”
“Dude I was there in 2008….”

Buygold

Posted by aurum @ 10:32 on November 1, 2024  

The short s&p is a small position on a short pun leash.  Anyway I believe a substantial bear is around the corner, I just don’t know where the corner is but I keep  a starter position to remind me.

pm’s havent held gains but it is early and a Friday.  Oil stocks doing well.  I have XOM and CVX.

aurum

TLT is a long bond position paying about 4% interest yearly but paid monthly and hard to get into too much trouble.  I am guessing some foreign bond holders have been dumping relentlessly because they realize we might freeze their holdings or no longer need dollars or they feel our finances are shaky.  I bought in anticipation of the 50 basis cut not thinking about any of the above.

Hey aurum

Posted by Buygold @ 9:57 on November 1, 2024  

Guessing TLT is a long bonds position?

I don’t really play in the SM anymore, but interesting stuff. I don’t have the guts to short the SM, just seems it rarely goes down anymore. Programmed to go up endlessly.

Dollar won’t die

Posted by Buygold @ 9:23 on November 1, 2024  

Crazy strength. May not get any help there.

Buygold

Posted by aurum @ 9:19 on November 1, 2024  

Looking at the overnight on my SH short s&p looks okay

also TLT 10 day emerging but still under water a bit for me

Jobs numbers correction

Posted by Buygold @ 9:18 on November 1, 2024  

It was 28K vs est. of 90K for PRIVATE Payrolls

All jobs +12K vs. 125K estimates.

Looks like .Gov is hiring a lot of people. Elon will have to handout a lot of pink slips.

As many of us have alluded to before

Posted by deer79 @ 9:08 on November 1, 2024  

These numbers the government comes up with are simply machinations to manipulate everything.

I truly think that the Fed is being squeezed by the relentless selling of our debt ( as Buygold has clearly stated) and these numbers help to ease that pressure.

Jobs Report – had to do a double take

Posted by Buygold @ 8:53 on November 1, 2024  

On CNN money page it shows the jobs report as -28, vs estimates of 90k. Never seen a non-1000’s number like that.

Whatever, working so far for the pm sector, that’s all that matters.

This would be a good pick for Trump

Posted by Buygold @ 8:49 on November 1, 2024  

He owns tons of gold after his famous bond trading escapade. Closet goldbug as treasury secretary can’t hurt. I’d be disgusted if he picked Jamie Dimon.

Trump’s Potential Treasury Pick Vows Spending Cuts In Partnership With Musk

teaser image

‘All of these tax subsidies for solar, for wind, inefficient, uneconomic energy sources. Eliminate that,’ billionaire John Paulson told The Wall Street Journal.

Maybe the Russians are fertilizer and it’s hard to find the remnants of their DNA

Posted by eeos @ 8:48 on November 1, 2024  

and that’s why they not going back. It’s a loser situation for both sides and if Trump get elected we can figure out what to do. If the word salad jamaican indian gets in, just know it’s going to get easier for the Kremlin and the war will continue.

Whatever the numbers

Posted by Buygold @ 8:44 on November 1, 2024  

they appear to be pleasing to all market participants, as everything has strengthened a bit. Maybe it was a negative number after all.

The big two are falling: The dollar and rates, has to be beauty to the Fed’s eyes to see the bond market rally a little. Considering the size of positioning in the futures markets for rates, it seems like bonds could see a pretty good short covering rally. Unless the big seller keeps dumping. Otherwise, I’ve got to think we’ve seen the highs in the dollar for at least a little while.

Oil up near 3%, above $71. The 10 yr. down almost 5 bips, dollar starting to crater in earnest. PM’s and shares bouncing, SM bouncing. Everyone should be happy, happy, happy unless they’re short.

They fired the first shot at G & S while I’m typing, so they may not let us rally too much today. We rarely rally on a jobs day anyway, so par for the course.

Taking a step towards rational processes

Posted by ipso facto @ 8:36 on November 1, 2024  

Boeing Bails On Diversity Division, Reverts To “A Merit-Based” System

https://www.zerohedge.com/political/boeing-bails-diversity-division-revrts-merit-based-system

Posted by ipso facto @ 8:17 on November 1, 2024  

EMX Options its Queensland Gold Projects to Mila Resources

https://ceo.ca/@newsfile/emx-options-its-queensland-gold-projects-to-mila-resources

NEW FOUND REPORTS POSITIVE PHASE II METALLURGICAL TEST RESULTS DEMONSTRATING 97% GOLD EXTRACTION AT ICEBERG AND ICEBERG EAST

https://ceo.ca/@newswire/new-found-reports-positive-phase-ii-metallurgical-test

Kore Announces Non-Brokered Private Placement

https://ceo.ca/@newsfile/kore-announces-non-brokered-private-placement

GoldHaven Enters into Definitive Agreement to Acquire BC Gold & Copper Assets

https://ceo.ca/@newsfile/goldhaven-enters-into-definitive-agreement-to-acquire

Eloro Resources Closes Non-Brokered Private Placement Offering of 4,200,000 units for Gross Proceeds of $3,780,000

https://ceo.ca/@globenewswire/eloro-resources-closes-non-brokered-private-placement

Excellon Announces Agreement to Acquire Mallay Mine in Transformative Transaction

https://ceo.ca/@newsfile/excellon-announces-agreement-to-acquire-mallay-mine

Hemlo Explorers Announces Closing of Non-Brokered Private Placement

https://ceo.ca/@globenewswire/hemlo-explorers-announces-closing-of-non-brokered-private

JZR Gold Provides Update on Vila Nova Gold Project

https://ceo.ca/@thenewswire/jzr-gold-provides-update-on-vila-nova-gold-project

Westgold Files New Technical Reports

https://ceo.ca/@newswire/westgold-files-new-technical-reports

Denarius Metals Closes Non-Brokered Private Placement of Units for Gross Proceeds of Approximately CA$4.6 Million

https://ceo.ca/@newsfile/denarius-metals-closes-non-brokered-private-placement

ONGold Announces OTC Trading Approval and DTC Eligibility

https://ceo.ca/@newsfile/ongold-announces-otc-trading-approval-and-dtc-eligibility

Eldorado Gold Reports Q3 2024 Financial and Operational Results; Tightens 2024 Operating Guidance

https://ceo.ca/@globenewswire/eldorado-gold-reports-q3-2024-financial-and-operational

Centerra Gold Reports Third Quarter 2024 Results; Consistent Operating Performance Drives Continued Strong Cash Flow From Operations

https://ceo.ca/@globenewswire/centerra-gold-reports-third-quarter-2024-results-consistent

American Creek Resources Announces Mailing of Meeting Materials and Receipt of Interim Order in Respect of Plan of Arrangement with Cunningham Mining

https://ceo.ca/@newsfile/american-creek-resources-announces-mailing-of-meeting

Sokoman Exploration Update – Trenching / Bulk Sampling / Drilling Moosehead Gold Project, Central Newfoundland

https://ceo.ca/@accesswire/sokoman-exploration-update-trenching-bulk-sampling

Cerro de Pasco Resources Commences Trading on OTCQB

https://ceo.ca/@globenewswire/cerro-de-pasco-resources-commences-trading-on-otcqb

NewOrigin Gold Receives Final Order for Arrangement with Harfang Exploration

https://ceo.ca/@newsfile/neworigin-gold-receives-final-order-for-arrangement

Vox Royalty Provides Development Updates on Western Australia Gold Royalty Assets

https://ceo.ca/@accesswire/vox-royalty-provides-development-updates-on-western

Bitterroot Resources Ltd. – Nighthawk Gold/Silver Project – Drill Permit Issued

https://ceo.ca/@accesswire/bitterroot-resources-ltd-nighthawk-goldsilver-project

Collective Mining Announces Closing of Concurrent Financings for Gross Proceeds of C$46.35 Million

https://ceo.ca/@newswire/collective-mining-announces-closing-of-concurrent-financings

ARIS MINING ANNOUNCES CLOSING OF US$450 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES

https://ceo.ca/@newswire/aris-mining-announces-closing-of-us450-million-senior

Forte Minerals Completes Miscanthus Acquisition from Globetrotters Resource Group

https://ceo.ca/@accesswire/forte-minerals-completes-miscanthus-acquisition-from

Sitka Samples up to 67.9 g/t Gold from Surface Rock Samples and Drills Visible Gold at Its Recently Acquired Pukelman Intrusive Target at the RC Gold Project, Yukon

https://ceo.ca/@newsfile/sitka-samples-up-to-679-gt-gold-from-surface-rock

METALSOURCE MINING ANNOUNCES $1,500,000 PRIVATE PLACEMENT, WITH LEAD ORDER FROM ERIC SPROTT

https://ceo.ca/@globenewswire/metalsource-mining-announces-1500000-private-placement

Leocor Gold Advances Upcoming Drill Program At Prime Copper / Gold Exploration Project In Newfoundland

https://ceo.ca/@thenewswire/leocor-gold-advances-upcoming-drill-program-at-prime

Bold Ventures Receives Assays up to 16.3 gpt Au at its Wilcorp Property

https://ceo.ca/@newsfile/bold-ventures-receives-assays-up-to-163-gpt-au-at

Benton Continues to Drill Wide Intervals of Significant Gold at South Pond Extending Strike Length 600 m South

https://ceo.ca/@newsfile/benton-continues-to-drill-wide-intervals-of-significant

Euro Sun Mining and Glencore Enter into MOU for Concentrate Offtake

https://ceo.ca/@globenewswire/euro-sun-mining-and-glencore-enter-into-mou-for-concentrate

Metals Creek Drills 92.05 Meters of 2.12% Copper and 12.18 g/t Silver at the Tillex Copper Project

https://ceo.ca/@newsfile/metals-creek-drills-9205-meters-of-212-copper-and

Silver47 Announces Filing of Final Prospectus and TSXV Conditional Acceptance to List

https://ceo.ca/@newsfile/silver47-announces-filing-of-final-prospectus-and-tsxv

Tower Reports Exceptional Exploration Success on Its October Drilling Program at Rabbit North, Discovers the Faulted Western Half of the Lightning Zone and a New, More Strongly Mineralized Gold Zone, “Blue Sky”, 300 m to the North

https://ceo.ca/@newsfile/tower-reports-exceptional-exploration-success-on-its

Red Pine Discovers Significant Gold Mineralization in Faulted Extension of the Jubilee Shear on the Wawa Gold Project

https://ceo.ca/@globenewswire/red-pine-discovers-significant-gold-mineralization

Angus Gold Commences Fall Drilling Program on Dorset Gold Zone, Golden Sky Project, Wawa

https://ceo.ca/@globenewswire/angus-gold-commences-fall-drilling-program-on-dorset

Jobs Report today

Posted by Buygold @ 7:45 on November 1, 2024  

The estimate is for only 90k jobs, that seems awful low for the last report before an election. ZH did put something out that said in certain quarters they thought there could be a negative print. Someone knows what it will be, just not me.

There’s also an ISM Services report 15 minutes after the SM open. That sometimes matters.

In the meantime, everything is bouncing a little. SM, PM’s, Oil up 2%, Bitcoin flat, dollar up a little and rates up a little to 4.292%. PM shares up a little as well.

Everything will probably change after the report though.

Good call from maddog and Deer79 for yesterday just being a last day of the month deal. Unless, things fall apart, it’s an excellent call.

The day after, are we ready.

Posted by goldielocks @ 4:00 on November 1, 2024  

Do we have a plan B. The first Amendment and the right to assembly.

Most here would agree with him. Pass it on. No one is having this discussion. We have to be pro active. Do we deserve to have our own country? We got to have a reboot plan.

The link on the bottom of the page.

Check me

Posted by Buygold @ 0:44 on November 1, 2024  

Did they wipe out all the gains in platinum and half the gains in palladium just over the last couple of days?

If so, maybe we got off easy.

eeos 12:06, so in that case

Posted by ferrett @ 0:27 on November 1, 2024  

why aren’t the Ukrainians sweeping the Russians out of the country? Because tanks are useless now. While the crews may survive a drone or anti-tank shell the tank won’t. We aren’t seeing any major tank battles simply because the drones are king on the battlefield, and the hypersonic missiles king in the long range attacks. Russia is winning all the territory, Pokrovsk will be the next to fall which means the whole of Donetsk will be for the taking. The sooner Ukraine sues for peace, the less they will lose.

Happy Halloween to All in the Tent

Posted by eeos @ 21:42 on October 31, 2024  

Somehow perfect

Posted by ipso facto @ 21:11 on October 31, 2024  

We should make our own stuff

Posted by ipso facto @ 20:19 on October 31, 2024  

China Weaponizes Supply Chain, Sends America’s Largest Drone Maker Into Crisis

America’s largest drone company and supplier of unmanned aircraft to the Ukrainian Armed Forces has been thrown into a supply chain crisis after Beijing imposed sanctions, barring it from sourcing drone parts from Chinese suppliers, according to a new Financial Times report. This is another wake-up call for American companies heavily reliant on China, highlighting the urgent need to ‘friend-shore’ or ‘reshore’ critical supply chains away from the world’s second-largest economy.

Sources familiar with the situation told FT that Beijing imposed sanctions on Skydio to prevent it from sourcing battery components from Chinese firms.

On Wednseday, Skydio said the sanctions by China were “for selling drones to Taiwan, where our only customer today is the National Fire Agency.”

Skydio CEO Adam Bry met with US Deputy Secretary of State Kurt Campbell and senior White House officials last week to discuss the dire situation as the Chinese paralyzed part of the drone company’s supply chain.

“This is a clarifying moment for the drone industry,” Bry told customers in a letter obtained by FT. He said, “If there was ever any doubt, this action makes clear that the Chinese government will use supply chains as a weapon to advance their interests over ours.”

https://www.zerohedge.com/technology/china-weaponizes-supply-chain-sends-americas-largest-drone-maker-crisis

Eldorado Gold Reports Q3 2024 Financial and Operational Results; Tightens 2024 Operating Guidance

Posted by ipso facto @ 18:17 on October 31, 2024  

https://finance.yahoo.com/news/eldorado-gold-reports-q3-2024-210100890.html

Buygold

Posted by goldielocks @ 17:15 on October 31, 2024  

Right and a majority house to keep the wicked witches away from Trump and our constitution.

You know they’ll go after Musk too. Any country would love to have him.

Video how money becomes worthless

Posted by goldielocks @ 17:12 on October 31, 2024  

The ways they suppress gold is fraudulent accounting. Greenspan admitted they’re suppressing the POG when he said the world central bank  stand ready to lease out gold in quantity should the pog rise.

They also use bullion banks who buy and sell gold and can use the proceeds to buy bonds. That when they do the account sheet the use receivables and inventory as a one line item which is fraudulent accounting. So no one knows how much they actually own. Also since it’s in paper no one sees the phyzz moving. That the Fed Reserve is a Ponzi Scheme’ to prop up the dollar.

About 37.27 minutes in …

Goldie

Posted by Buygold @ 16:42 on October 31, 2024  

Yeah, a lot of uncertainty. I know John Paulson is a big Trump guy. Hard to imagine the destruction Harris could do to the economy and country – really more like Obama 4.0

They will do everything they can if Trump gets in to undermine anything he does. He needs a red congress big time. Trump has some really big ideas on taxes and tariff’s, also heard he’d try to back the dollar with oil contracts. They need to get rid of the Fed to get rid of the Globalists. So much work to be done, but there will be so much obstruction.

Good to see the UK’s finances are in such good hands

Posted by Maddog @ 16:25 on October 31, 2024  

Rachel Reeves ridiculed over boast she can ‘balance the books’

https://www.msn.com/en-gb/news/uknews/rachel-reeves-ridiculed-over-boast-she-can-balance-the-books/ar-BB1jgFko

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.