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

Dollar and rates starting to come back in a little harder now

Posted by Buygold @ 12:14 on October 19, 2023  

Wondering if Powell is speaking. Course, we aren’t getting the pop we should be getting, exactly because he’s speaking.

Thems the rules if you want to own pm’s.

Tracking the SM

Posted by Buygold @ 12:01 on October 19, 2023  

Metals kind of tracking the dollar, but the shares still look like crap

ipso facto

Posted by Maddog @ 11:37 on October 19, 2023  

Re JDAM

The Pallys would have lined up all 500 bodies and taken the BBC, NBC etc on a guided tour of every one of them…..This is a classic ploy of theirs, they commit an attrocity , Israel gets ready to clean house and then then Pallys are claiming the Israeli’s hit a school, kinder garden, old peoples home, hospital etc.

and the likes of the BBC, NBC, CNN are wailing for days…….

Beats me

Posted by ipso facto @ 10:35 on October 19, 2023  

Maddog @ 9:49

Posted by ipso facto @ 10:20 on October 19, 2023  

They’ll soon find out … it’s a tragedy for them!

ipso facto

Posted by Maddog @ 9:49 on October 19, 2023  

Re Poland…the turnout was a major record and the Schwab/EU rent boy Tusk won…….I say that vote stinks……as do so many votes where the WEF candidate wins.

It’s a puzzle to me why the voters in Poland elected a new left gov. I thought they had one of the only sane govs around.

Posted by ipso facto @ 9:46 on October 19, 2023  

Good morning drb2 @ 9:15

Posted by ipso facto @ 9:40 on October 19, 2023  

I’ve never heard of any investors receiving that money. I expect the gov just kept it for itself. That’s doesn’t surprise me.

@ Ipso RE: beaten up PM investors

Posted by drb2 @ 9:15 on October 19, 2023  

Hi Ipso,

Yep, their plan has worked perfectly – can’t have that pesky real money threaten their fiat.

Here’s a question – JPM was recently fined $900+ million.

Where does that money go?  I can’t remember seeing anything at all about restitution to the victims of JPM’s crimes.

[snip] ….The JPMorgan case was part of a crackdown by federal prosecutors on illegal spoofing, where traders place bogus orders to move prices up or down and then quickly cancel them before they can be executed. Smith and Nowak used the technique to manipulate gold and silver prices from 2008 to 2016, or the entire duration of the period in which we said – and showed – that gold manipulation was rampant, for which were frequently mocked and ridiculed.

Convictions for Smith, Nowak and a third trader who was found guilty in November, Christopher Jordan, capped a string of wins by prosecutors in spoofing cases targeting some of Wall Street’s biggest banks, including Bank of America, Deutsche Bank AG and Morgan Stanley. Two former Deutsche Bank and two former Bank of America traders previously each received one-year sentences.

JPMorgan, the largest US bank and the biggest US financial criminal enterprise by far, agreed in 2020 to pay $920 million to settle the Justice Department’s allegations against it — the biggest fine by any financial institution accused of market manipulation since the 2008 global financial crisis.

Prosecutors also charged several members of the team Nowak led at JPMorgan. Three of them pleaded guilty and testified against Nowak and Smith. The witnesses described how Nowak and Smith routinely placed huge buy and sell orders they never intended to execute — part of their strategy to push prices in the direction that would profit the bank.

Christiaan Trunz, a former Smith protege and one of the traders who pleaded guilty and cooperated, told jurors that he learned to spoof by watching Nowak and Smith for years. When Trunz came under scrutiny for his own spoof trades, he said Nowak coached him to lie to compliance officials and later counseled him against pleading guilty as prosecutors were preparing criminal charges against top executives on the trading desk.

Trunz testified that Smith was so fast at placing and canceling bogus orders that his colleagues would joke that he needed to put ice on his fingers to cool them down.

“This was an open strategy on the desk,” said Trunz, who sat next to Smith and watched him click his computer mouse rapidly to place and cancel trades. “It wasn’t hidden.”

From <https://www.zerohedge.com/commodities/ex-head-jpmorgans-precious-metals-desk-sentenced-prison-manipulation>

drb2 @ 21:55

Posted by ipso facto @ 8:57 on October 19, 2023  

You can hardly blame mining investors from being gun shy. We’ve been hammered for so long that the expectation is that more hammering is on the way. For this reason a turn around is likely to be a drawn out process. But I could be wrong … I often am … ask the missus!

Cheers

Posted by ipso facto @ 8:53 on October 19, 2023  

Newmont CEO’s Statement on Pending Acquisition of Newcrest Achieving Legal Effectiveness in Australia

https://finance.yahoo.com/news/newmont-ceo-statement-pending-acquisition-204700779.html

North Peak Reports Work Programs at Prospect Mountain Support Interpretation of Deep-Seated Mineralization Below Historic Workings; Drilling Approval Received

https://finance.yahoo.com/news/north-peak-reports-programs-prospect-123000124.html

LEVIATHAN GOLD ANNOUNCES UPDATE ON SHARE CONSOLIDATION

https://finance.yahoo.com/news/leviathan-gold-announces-share-consolidation-203000800.html

Moneta Intersects 0.95 g/t Au over 105.87 m and 1.49 g/t Au over 81.70 m at Tower Gold

https://finance.yahoo.com/news/moneta-intersects-0-95-g-105000385.html

Snowline Gold Intersects 424.0 m of 1.4 Grams Per Tonne Gold from Surface Including 186.5 m of 1.9 Grams per Tonne Gold Adding new Mineralized Extension to Valley Target, Rogue Project, Yukon

https://finance.yahoo.com/news/snowline-gold-intersects-424-0-110000546.html

Labrador Gold Receives Permits to Drill Targets in the Gap and Kingsway South

https://finance.yahoo.com/news/labrador-gold-receives-permits-drill-113000020.html

Lion One Reports High-Grade Gold Results from Zone 2 at Tuvatu

https://finance.yahoo.com/news/lion-one-reports-high-grade-120000310.html

Metallic Minerals Completes 2023 Expansion Drill Program at Keno Silver Project in Yukon, Canada

https://ceo.ca/@accesswire/metallic-minerals-completes-2023-expansion-drill-program

Golden Shield Drills 7 m at 7.50 g/t Au and 15 m at 0.94 g/t Au from Reverse Circulation Drilling at the Marudi North Prospect

https://ceo.ca/@newswire/golden-shield-drills-7-m-at-750-gt-au-and-15-m-at

Sierra Metals Reports Third Quarter 2023 Production Results

https://ceo.ca/@businesswire/sierra-metals-reports-third-quarter-2023-production

Excellon Closes Sale of Oakley

https://ceo.ca/@newsfile/excellon-closes-sale-of-oakley

Ascot Intercepts More High-Grade Gold in the Prew Zone at the Premier Deposit

https://ceo.ca/@globenewswire/ascot-intercepts-more-high-grade-gold-in-the-prew-zone

Evergold Starts Drill Program at DEM Copper-Gold-Silver Prospect, B.C.

https://ceo.ca/@globenewswire/evergold-starts-drill-program-atdem-copper-gold-silver

Avino’s Q3 2023 Production Results

https://ceo.ca/@accesswire/avinos-q3-2023-production-results

Zonte Metals Defines the K6 Target Based on Soil Data and Prepares Target for Drilling

https://ceo.ca/@thenewswire/zonte-metals-defines-the-k6-target-based-on-soil-data

Trilogy Metals Provides an Update on the Ambler Access Project

https://ceo.ca/@newswire/trilogy-metals-provides-an-update-on-the-ambler-access

iMetal Resources Completes Digitally- Enhanced Prospecting and New Interpretation at the Kerrs Gold Project

https://ceo.ca/@accesswire/imetal-resources-completes-digitally-enhanced-prospecting-7cb00

Calibre Mining Announces Normal Course Issuer Bid

https://ceo.ca/@globenewswire/calibre-mining-announces-normal-course-issuer-bid

Arizona Metals Intercepts Gold-Zinc-Rich Sulphide Mineralization at its Kay Project Western Target

https://ceo.ca/@newswire/arizona-metals-intercepts-gold-zinc-rich-sulphide-mineralization

Carlyle Provides Phase 2 Drilling Strategy at Newton

https://ceo.ca/@newsfile/carlyle-provides-phase-2-drilling-strategy-at-newton

Tocvan Recon Sampling Returns New Surface Discovery at Pilar Gold – Silver Expansion

https://ceo.ca/@thenewswire/tocvan-recon-sampling-returns-new-surface-discovery

Centamin PLC Announces Quarterly Report

https://ceo.ca/@accesswire/centamin-plc-announces-quarterly-report-ef70e

Kiboko Gold Provides Corporate Update

https://ceo.ca/@businesswire/kiboko-gold-provides-corporate-update

Cerrado Gold Tender Process Oversubscribed with Two International Banks Selected to Act as Mandated Lead Arrangers for Export Credit Agency Supported Non-Recourse Project Financing for Its Monte Do Carmo Project in Brazil and its Mont Sorcier Project in Quebec

https://ceo.ca/@accesswire/cerrado-gold-tender-process-oversubscribed-with-two

maddog

Posted by Buygold @ 8:32 on October 19, 2023  

could be. I’m not getting any good vibes from the action yesterday or this morning. Oil is back in the $86.50 range, from $89 early yesterday (WTI).

You could be right, maybe peace will break out and pm’s will go back to normal.

Powell is speaking today as well, so there’s that too. We don’t go up when he speaks generally.

The dollar has turned south slightly

Posted by Buygold @ 8:28 on October 19, 2023  

but the 10 yr is still up 7 bips. Metals still flat, although inching up a bit.

Shares flat.

Having a hard time getting excited about this action after yesterday in the shares.

Don’t want war, but it’s coming anyway. Curious the Israeli’s are waiting. I suspect they are seeing things in the north and south that give them pause.

Apparently we lost our ambassador or embassy in Lebanon. Tells me our Naval fleet may be intending to bomb Hezbollah from the coast to assist Israel.

Buygold

Posted by Maddog @ 8:27 on October 19, 2023  

Metals look good but the shares are tied to the hip with the SM.

I think the shares were sat on ystydy , as they are trying to bear raid, stop the Gold rally…….What I hear comming out of Israel, is this

Israel must not give Hezbollah a preemptive blow.
– It is forbidden to occupy the strip.
– We were warned against harming civilians.
– Biden forced the introduction of “humanitarian aid”, and loosened the pressure of the blockade.
– The US will give $100 million in aid to the Strip.
– Six billion dollars to Iran were not frozen.
– The administration will continue to claim that there is “no direct evidence” of Iranian involvement in the attack, thus protecting the continuation of its disastrous policy in the IDF from American public opinion.
– The position of the United States is that the majority of Palestinians who voted for Hamas do not really support it.
– Biden reiterated his belief in the two-state solution.

On the other hand:
– We received a generous aid package (which will also deepen our military dependence on the Americans).
– Two aircraft carriers arrived in the area with the stated goal of preventing Hezbollah from attacking (but on the condition that we would not attack either. We agreed).
– “The cooperation was deepened” (that is, American representatives were screwed into our decision-making processes so that we do not decide anything that is not approved by them).
– We got a hug.

in brief:
Biden blocked any way to an unequivocal Israeli victory picture, something that would make it clear to our enemies that we are weak, and dependent on others. A historic visit indeed. He made an important contribution to tipping the balance of power in the region against us.

If this was to pan out then in theory we deescalate…for a while….hence the hit on PM’s and Oil…..Not sure anyone else will listen to such crap.

and then there’s this…

Posted by Buygold @ 5:04 on October 19, 2023  

Our Globalist masters do not want peace, I understand Israel’s desire for vengeance.

The question is why does the US want war? This is Israel’s gig, not ours.

Guaranteed this will be a wider war. China and Russia will swoop in and pick up the pieces.

US Vetoes UN Resolution For Gaza Ceasefire As Biden Visit Fails To Calm Fears Of Wider War

teaser image

Preparations for IDF ground operation said to be complete…

Rates moving up again

Posted by Buygold @ 4:53 on October 19, 2023  

10 yr approaching 5% @ 4.97%, Dollar flat though.

PM’s flat, dollar flat. Oil down a buck to $87

Not a ZH subscriber, but this would make total sense. Add to the this, there is a meeting involving 120 countries tomorrow for China/Russia belt and road initiative.

China, Foreign Central Banks Dumped US Treasuries Just As Yields Blew Out

teaser image

We may have found the culprit behind the historic blow out in US Treasury yields.

Gold Train

Posted by Maya @ 3:36 on October 19, 2023  

NJ Transit trainset
https://railpictures.net/photo/823816/

 

@ ipso RE: “poor day for the shares in light of the gain in gold”

Posted by drb2 @ 21:55 on October 18, 2023  

Yep.  Like Pavlov’s Dog, shareholders have been conditioned to run at the first sign of resistance.

I probably would have run too, except I have already resigned myself to going down with the ship.

On Judgement Day – there will be a lot of explaining to do for the management of these companies

 

Think about it – the safest place in the world to store your PM is in a mine – it CANNOT be stolen without immense EFFORT!

 

 

Ipso 14.22

Posted by goldielocks @ 18:53 on October 18, 2023  

See how their CRT is BS. Everything they do and say is BS. Globalism is BS. One big con game.When our borders are being over run  and city’s on fire they have our law enforcement and  military stand down. Not one of our military should be involved in either these wars and while any humanitarian efforts for citizens caught in the middle of this making it a genocide aren’t even given basic aid left to die.
Gerald Celente predicts a false flag on Ukraine to get the attention back on Ukraine .
More war and our money rolling out the door.

Poor day for the shares in light of the gain in gold

Posted by ipso facto @ 16:04 on October 18, 2023  

I hate it when that happens.

Maddog @ 12:14

Posted by ipso facto @ 14:22 on October 18, 2023  

“how much damage all the woke shit’s done to the military”

I’m surprised that Joe’s modern army doesn’t have Dylan Mulvaney as a spokesperson!

I hear they’re having trouble getting enough recruits. In light of all the woke crap, CRT and the jab I’m surprised they get anyone.

maddog

Posted by Buygold @ 13:44 on October 18, 2023  

Exactly. Foreigners are dumping bonds in droves because they know that at some point they’ll be the bagholders. The Fed will have to be the buyer of last resort. Our debt is unsustainable and will never be repaid.

I am one who doesn’t think Putin is the devil. Compared to our current government – RINO’s included – he seems pretty sane to me. I think most of the world has had enough of the west in general, but mostly the US, UK, France and the EU. They want war 24/7. To what end? Haven’t quite figured that out.

Truth is, Russia and China don’t have to do anything. We will collapse under our own weight. Bringing in all the migrants just expedited the process. Maybe the globalists think they can come in and reset and pick up the pieces, I don’t know. I do know that absolutely nothing we’re doing in this Biden (Obama) regime makes any sense.

Metals look good but the shares are tied to the hip with the SM.

Why are Bonds tanking ????……look no further.

Posted by Maddog @ 13:26 on October 18, 2023  

Biden Admin Drafts $100 Billion Ukraine-Israel Foreign Aid Package

https://www.zerohedge.com/geopolitical/biden-admin-drafts-100-billion-ukraine-israel-foreign-aid-package

Quake

Posted by goldielocks @ 12:41 on October 18, 2023  

All I saw was a 4.1 which is nothing but things falling but by the time you get a report it’s already happened or happening. I don’t remember ever getting a quake alert before.

Saw this on another board……Note China is on board…..maybe Iran is on it’s own !!!!!

Posted by Maddog @ 12:40 on October 18, 2023  

While the weak, woke comedy due of Biden and Blinken have been getting the brush off by Arab states, Putin has managed to speak to all of them and propose a cease fire and a road to permanent peace. Russia has also put a peace plan to the UN.

However, the UN Security Council failed to adopt Russia’s resolution on Monday, despite it receiving five votes in favour (China, Gabon, Mozambique, Russia, and the United Arab Emirates) and four against (France, Japan, the United Kingdom, and the United States), with six abstentions (Albania, Brazil, Ecuador, Ghana, Malta, and Switzerland). For a resolution to be adopted it needs at least nine votes in favour, with no permanent member opposing or casting a veto.

The draft resolution called for a humanitarian ceasefire, release of all hostages, aid access, and safe evacuation of civilians. The reason given by the US and its vassal states for opposing it was there was no direct condemnation of Hamas as terrorists – but no doubt the US’s main concern was to stop Russia and China taking the lead in ending this war.

The MSM seem very quiet about this. Yet again, they are trying to lead us down the garden path. We need peace, but the US only want’s it on their terms.

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