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

So I’m in a pawn shop today. How’s business I say? The proprietor says “Terrible everyone wants to sell and no one is buying.”

I think the average American is near broke. JMO

BlackRock and Aladdin, with super computer programing,  can control everything paper or digital. That’s why I’ve gone to PHYZ in hand this time around. When the quadrillion dollar Derivative financial world goes bust, and it will, the only thing left is what you have IN HAND.  FWIW and DYODD! Best wishes from Silverngold!

at least today it is

Things don’t suddenly reverse like gold has every time they make new highs. Just doesn’t happen. This is blatant manipulation and fraud. They have screwed investors out of billions and billions over the last two decades.

PM’s just can’t ever be viewed as a viable alternative to the dollar or even stocks.

Anyone who claims that the players needed to raise money for margin calls is lying or stupid.

In terms of rates, the Fed doesn’t need to do anything. The bond market has already cut rates for them.

This is complete bullsh*t. Please don’t tell me, oh just a little more patience, after the election, toward the end of the year, yada, yada, nonsense. The dollar is getting creamed, all the ducks are aligned right now, but the manipulators won’t allow it. Period. We’ve seen this too many times.

Rant over. I’m done for the day.

Gold and the miners go down in sympathy with the general markets then after a while they break away and go back up. In fact we may have already bottomed a few minutes ago. It was probably half just an emotional reaction by the pricing machines, causing more emotion from the nervous nillies too.

11:58 am, I just bought 60 sh of AGQ at $34.41, also 500 sh of AG at $5.05, also some 65 sh of SOXL at $30.98 and 20 sh of FTAI at $102.46. All around $2000 incase they drop, 10% of $2000 is only $200 loss that I can take.

https://goldprice.org/live-gold-price.html

Agreed. In the past, the financial muppets would always come up with commentary to fit the Cartel’s shenanigans….

Today’s action, as you have mentioned before, is about getting PM’s down to certain “levels” before they start to try and cut rates…..

They have done at least 3 massive dumps today. This is the biggest so far.

There’s just not enough energy or money behind us to stop them. This isn’t about selling to raise capital to meet margin calls in a weak market, just wholesale price manipulation.

Sucks and it won’t stop until there are no more markets.

Definitely seem to be going inverse the SM, but they are slowly grinding us down. Aladdin started hitting NEM a few minutes ago, so that was the sell signal to whoever is playing.

Has nothing to do with the dollar. Dollar is in freefall.

We need some volume and we’re just not getting it yet. I don’t understand why we aren’t when we’re at all time highs.

Oil went from strong overnight to getting spanked all the way back to $74. Bitcoin has turned up.

Doesn’t look like tech and the QQQ’s are coming back anytime soon. If everything were to close at these levels, the money masters are going to have their hands full Sunday night. Long day ahead though, but kind of exciting.

If they’re going to get us, they’ll get us in the silver market first. I don’t like the way NEM is getting played but fingers crossed anyway.

Recession Triggered: Payrolls Miss Huge, Up Just 114K As Soaring Unemployment Rate Activates “Sahm Rule” Recession

But while we have long known that the real payrolls number is far worse than reported, what was the true shock in today’s “data” is the long overdue admission that the US is effectively in a recession because as the rule named for pro-Biden/Kamala socialist Cluadia Sahm indicates, a recession has now been triggered. The rule, for those who don’t remember is that a recession is effectively already underway if the unemployment rate (based on a three-month moving average) rises by half a percentage point from its low of the past year. And that’s what just happened, with the unemployment rate surging 0.6% from the year’s low.

https://www.zerohedge.com/markets/recession-triggered-payrolls-miss-huge-just-114k-unemployment-rate-jump-activates-sahm-rule

I doubt they’d like to go into a Sunday night after a Friday where the SM is in the tank and pm’s are strong. It’s all about optics, I guess.

Oil now down 2%. The 10 yr. is all the way down to 3.86%

The Yen is climbing quickly, but the Nikkei is in some trouble, down almost 6%.

I’d think someone is blowing up. The house of cards starting to face a stiff wind?

I hope it all crumbles. Except pm’s of course. 🙂

https://x.com/WallStreetSilv/status/1819227070796300697

Gonna take out silver first. They’ve got a lot of shorts to protect in both gold and silver.

Half the gains in silver gone, a third in gold go poof, and still falling, despite the dollar getting crushed back below the 50 dma.

We made new highs in gold just a few minutes ago.

The beat goes on. Unbelievable what they’re allowed to do.

Must’ve been weak numbers.

PM’s run, dollar flops, SM craters.

Hopefully we can hold some gains.

IAMGOLD Announces Commercial Production at Côté Gold

https://ceo.ca/@newsfile/iamgold-announces-commercial-production-at-ct-gold

MAG Silver Reports Second Quarter Financial Results

https://ceo.ca/@globenewswire/mag-silver-reports-second-quarter-financial-results-8fffe

Inca One Announces Extension of Stay Period and DIP Loan Agreement

https://ceo.ca/@newsfile/inca-one-announces-extension-of-stay-period-and-dip

CORRECTION FROM SOURCE: Andean Precious Metals Announces Commissioning of the Fines Disposal Facility at San Bartolome Mine and Changes to Management Team

https://ceo.ca/@newsfile/correction-from-source-andean-precious-metals-announces

Elevation Gold Obtains Initial Order for CCAA Protection

https://ceo.ca/@newswire/elevation-gold-obtains-initial-order-for-ccaa-protection

Kestrel Gold – Appoints New Director & CFO, Grants Stock Options and Terminates Fireweed Option

https://ceo.ca/@accesswire/kestrel-gold-appoints-new-director-cfo-grants

Denarius Metals Strengthens Operational Leadership as It Advances Two Projects Toward Production; Announces Non-Brokered Private Placement of up to CA$10 Million of Common Shares

https://ceo.ca/@newsfile/denarius-metals-strengthens-operational-leadership

Pambili Produces First Gold at the Golden Valley Mine

https://ceo.ca/@thenewswire/pambili-produces-first-gold-at-the-golden-valley-mine

Galway Metals Announces Option Payment for Royalty Buy Back at Its Clarence Stream Property

https://ceo.ca/@accesswire/galway-metals-announces-option-payment-for-royalty-7bb05

Dundee Precious Metals Announces 2024 Second Quarter Results; Record Free Cash Flow Generation Driven by Strong All-in Sustaining Cost Performance

https://ceo.ca/@globenewswire/dundee-precious-metals-announces-2024-second-quarter

Centerra Gold Reports Second Quarter 2024 Results; Consistent Operating Performance; Continued Return of Capital to Shareholders

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

Steppe Gold Completes Acquisition of Boroo Gold, Becomes the Leading Gold Producer in Mongolia

https://ceo.ca/@newsfile/steppe-gold-completes-acquisition-of-boroo-gold-becomes

Sandstorm Gold Royalties Announces 2024 Second Quarter Results

https://ceo.ca/@newswire/sandstorm-gold-royalties-announces-2024-second-quarter-ef904

Rupert Resources Closes $6.4 Million Private Placement

https://ceo.ca/@businesswire/rupert-resources-closes-64-million-private-placement

Vizsla Royalties Closes Private Placement Raising Gross Proceeds of $5.2M

https://ceo.ca/@newsfile/vizsla-royalties-closes-private-placement-raising-gross

TRU Precious Metals Receives Shareholder and TSXV Approval for Golden Rose Option Agreement with Eldorado Gold

https://ceo.ca/@accesswire/tru-precious-metals-receives-shareholder-and-tsxv-approval

Sixty North Gold Mining Receives $122,040 from Warrant Exercise, and Provides Update on Operations

https://ceo.ca/@newsfile/sixty-north-gold-mining-receives-122040-from-warrant

Bayhorse Silver Analysis of Pegasus Project Geological Mapping Program

https://ceo.ca/@newsfile/bayhorse-silver-analysis-of-pegasus-project-geological

Scorpio Gold Completes Phase 1 of Manhattan Drill Campaign and Commences Phase 2 With an Expanded 13 Hole Program

https://ceo.ca/@newsfile/scorpio-gold-completes-phase-1-of-manhattan-drill-campaign

G2 Goldfields Closes C$42.0 Million Private Placement

https://ceo.ca/@globenewswire/g2-goldfields-closes-c420-million-private-placement

Rupert Resources Closes $28.8 Million Equity Financing

https://ceo.ca/@businesswire/rupert-resources-closes-288-million-equity-financing

Westward Gold Provides Update on 2024 Exploration Activities at Toiyabe Hills

https://ceo.ca/@thenewswire/westward-gold-provides-update-on-2024-exploration-activities

WESTGOLD AND KARORA COMPLETE MERGER

https://ceo.ca/@newswire/westgold-and-karora-complete-merger

The SM futures are looking ugly at the moment. AMZN & INTC laid eggs on earnings, AMZN down 8% and INTC down almost 20% in the premarket. Intel looks like a mining stock. I remember in the late 90’s, early 2000s INTC was THE big chipmaker and moved the entire market. AMZN is probably more important now, but bad earnings from them screams recession, but we know it’s a depression.

The dollar is flat. 10 yr. down to 3.94% and low and behold even Bitcoin is down 2%.

The big surprise is that PM’s are gaining back what they lost yesterday, gold is getting more than it lost. So, the old school plays of oil, gold and silver are getting some attention. The money has to go somewhere besides bonds right?

PM shares look strong right now too, even EXK and AG are bouncing.

We still have to get through a jobs report, so nothing guaranteed, but London is either unwilling or unable to stem the flow into pm’s as of now.

The best world we could possibly hope for is a tanking SM and rising pm’s. Fingers crossed.

Climbing Cajon pass
https://railpictures.net/photo/845822/

when u see NEM and KGC plus, but the AG shares pounded to oblivion, u see just how crazed the scum are…..why are they so scared……it’s not as if there are billions of us….then again there are potentially in China and India…….Keep this up and some smart Indian or Chinese analyst is gonna work out u can buy AG for a fraction of the spot price, by buying the shares.!!!!!

I bought 500 AG at the close at $5.33. Also before the close, I sold 2000 sh of NVD and swiped another $334 profit.

interesting take on AG’s volume today. I would have thought the volume would have been a lot heavier on this kind of move down, same with EXK as well. That might be a good catch on your part.

The fact that they are taking all the silvers to the woodshed and not just those two stocks seems fishy doesn’t it?

NEM is a stud today. KGC and AGI as well. I love how NEM is leading and throwing off the gold price.

I also like how we’re seeing some short covering in the metals here in the last hour. We’ve seen much worse action in the sector on a day when the SM is tumbling. The volume in SLV and GLD is below average, nobody is running for the exits, and surprisingly we haven’t given up all of yesterdays’ gains today, which is the norm.

The gold shares especially give me hope for higher metal prices. They don’t HAVE to go down during a big SM correction every time, especially since they’ve underperformed the SM for the last decade. Our biggest problem today is the dollar.

We’ll see what phony numbers and revisions come out of the Jobs Report tomorrow.

Classic 5 waves up from 1.45 lows….so now we do a 2nd wave down…to ?????

Once done we explode back up……as scum riders run for cover…..

Then again they just tried to kill a Presidential candidate……they may wear suits …but that is the only thing that even gets them close to normal …..

At the 1896 Summer Olympics, winners received a silver medal and the second-place finisher received a bronze medal. In 1900, most winners received cups or trophies instead of medals. The next three Olympics (1904, 1908, 1912) awarded the winners solid gold medals, but the medals themselves were smaller. The use of gold rapidly declined with the onset of the First World War and also with the onset of the Second World War.[5]

The last series of Olympic medals to be made of solid gold were awarded at the 1912 Summer Olympics in Stockholm, Sweden.

Olympic gold medals are required to be made from at least 92.5% silver, and must contain a minimum of 6 grams of gold.[6] All Olympic medals must be at least 70mm in diameter and 3mm thick.

Notice gold disappears right after 1913 and formation of the Fed Reserve! haha

Have any of you noticed two different spot gold prices? Like $2490 versus $2457.

Today could be a final blow off bottom price. By looking at the daily volume bars you can see the volume is higher than normal today, and looking at the prior high volume day, it was followed by a decline.

https://schrts.co/PdVPQxZG