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

* Vice Admiral David Beatty at the Battle of Jutland 1916.

Demented babbles on Feb 7…no doubt he will be crowing about the great economy, he has ‘created’……look at all the jobs etc.

i-80 Announces US$50 Million Convertible Debenture Private Placement

https://finance.yahoo.com/news/80-announces-us-50-million-223000311.html

Snowline Gold Intersects 363.5 M Of 1.4 Grams Per Tonne Gold from Surface Including 129.9 M Of 2.0 Grams Per Tonne Gold at Its Valley Discovery, Rogue Project, Yukon

https://finance.yahoo.com/news/snowline-gold-intersects-363-5-120000344.html

Osino Receives Multiple Project Finance Offers For the Development of the Twin Hills Gold Project, Namibia

https://ceo.ca/@globenewswire/osino-receives-multiple-project-finance-offers-for

Reyna Silver Announces Further Upsize to Previously Announced Bought Deal Financing

https://ceo.ca/@globenewswire/reyna-silver-announces-further-upsize-to-previously

Silver Mountain Announces C$8.1 Million Bought Deal Prospectus Offering

https://ceo.ca/@newsfile/silver-mountain-announces-c81-million-bought-deal

Discovery Silver Graduated to TSX

https://ceo.ca/@globenewswire/discovery-silver-graduated-to-tsx

doesn’t compute. 517K Jobs created vs. 180K estimates – that’s a huge beat.

The talking heads are pointing out some anomalies that don’t add up.

Regardless, the damage has been done to the metals, $1900 in the frying pan.

Let’s just hope this is a short, sharp pullback before resuming higher.

Powell/Fed speaks and Gold falls apart…..anyone might get the impression he knows what he is doing.

Sieg Heil mien Fuhrer….

Seen that a hundred times, we get a rally on the day of announcement, only to get pounded the day after.

Timely hit too, they took uber bullish silver and turned it into an ugly reversal and kept the shares locked in that 250-265 range. Will hope 250 holds, but doubtful.

Jobs Report today. Hoping for a weak report that sees yesterday’s action reversed. I believe the last few reports we’ve seen a bit of a rally. We’ll see what happens this am.

Speaking of reversals, looks like the Nasdaq is going to give back yesterday’s gains.

Passing Bullets
https://railpictures.net/photo/807215/

A geek friend gifted me this patch… way back in the last century.

https://babylonbee.com/news/introducing-the-babylon-bee-aoc-article-generator/

Hey All

I have 15-16 yrs of old Dines letters and all his books

The “original Gold Bug”

I loved his play on words, word history and common sense Dineisms

such as

“Dont Think …..  Look”

“The trend is your friend”

and

“All you had to do was buy Gold”

There are many more, as you know ……

I transitioned to Nick Hodge Lifetime Membership ……. but it’s not the same

Kind of one of the GOATs he was

“Live every day of your life”

Onward Pilgrims

Thats mine ……. heheheh

Winedoc

Like I said yesterday. They gave us $1200 Gold in 2018, then the stupid worn out scum gave us $1600 Gold 3 months ago. $1929 Gold now. I would love another shot at $1600. All I know is instability is common lately with crazy highs and crazy lows all around.

Granted some of the miners aren’t performing like they should lately, many are up 40-50% the past 6 months, but they can get crazy high if gold breaks out to $2500. I remember miners during the 1970s going more than a 1000%. Especially the smaller cheaper ones. I still have all my Dinesletters from decades ago.

I just might double up on the AGQ, the Fed is really not raising rates high enough and the Dollar index is still too high at 101 when it belongs at 80. Rebuilding the US economy, NEEDS a lower Dollar. To function as a tariff on imports and a discount on our exports.

The Fed mentioned 56% of their core inflation sector is still too high so will continue raising. I’ll be money what he is talking about, is they are watching Gold being too high but keep saying they are watching wage inflation as an indicator. Thats ridiculous.

Electric vehicle fires causing a return to combustion engines being preferred and catalytic converters back in demand ?
Or thieves sawing off converters forcing a repacement market ?

Or more onerous emission laws creating demand for greater Pt content per new vehicle ?

I see no head and shoulders in the Hui over the last 5 years…just an upward sloping base that looks like a leading diagonal in E wave…it shud run up to 400 plus, maybe way higher, then correct in 3 big waves, before another fast run up…..

There was no news…just the scum coming in to an overbought mkts and running loads of nearby stops, while hitting all bids on the way down……just to give the idea that whatever Fed did/said the mkts agreed with etc……Greenspan learnt that trick, which is why they called him a genius , when he was really a shyster/conman.

I suppose this conversation can never be over with PMs but if it does get “ slapped down” into support, look at what the candle stick pattern will look like. Be 6 months head and shoulders or 5 years the making of one. Economic fundamentals will have to overcome.

What was that all about this morning? It looks like the Dollar suddenly dropped a few hours, drove AU AG up, then magically Dollar jumped back up a few hours, and drove AU AG down.  Was it something on the news?

On CNBC that interviewed Ray Daleo. Maybe he drove the markets? He had a lot of interesting things to say. Big cycles. Too much dept. Sanctions scaring other countries, the Yuan is gaining use, and China didn’t even promote that. Like we didn’t promote getting key currency status after the war.

So maybe its Chinas Yuan next. I figured that long ago. Let THEM have an unwanted strong Yuan policy for off shoring and importing from us instead. Selling bonds getting harder, he was knocking Bitcoin tiny thing, no relation to anything,

“We are in a world where Money as we know it, is in jeopardy.” “All countries are printing too much, ” And how the world system is changing. I call it reversing.

currency charts: https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=h1

Metals: https://finviz.com/futures_charts.ashx?t=METALS&p=h1

BTW I see Smith & Wesson SWCI and Ammo inc POWW sneaking up quietly.

MadDog and friends

Over bullish sentiment always get slapped down   Ugh

Like the Rally Money,  dont bring it out 🙂

“All Time Highs” ……..  will have to wait ……

Sheeeesh

Onward Pilgrims ……..

Winedoc

I’ll make a exception for you since still accidentally by habit open this link.
I was just talking about this to another GB but don’t be fooled by the divi. The divi were made by previous prices. Not that it isn’t a good company unlike some that give high dividends because their in trouble. This one was already around making money before and got in the market.
Due to political and Fed policy’s and mismanagement it has been affected just like everything. BUT it survived the other catastrophe’s before it ever entered the market. So risk reward looks better than speculating on a non producer.
I haven’t checked the news but there’s day traders out there playing the next divi front running sort of. The potential probably after recession is mind blowing. Compared to banks giving next to nothing but benefiting themselves from rising interest rates and you keep your stocks. I’m guessing this divi might me a little more as they break it up I’m quarters. It was last year at this time.
I also mentioned but not on oasis the hui might try to head down to major support .., golden cross” then see if it holds. Early yesterday it leaked out about the 25 point raise and here comes the front runners. Cant say if it will reach support now and don’t care because the short ETF’s are in terrible condition or if it will hold support if it does but something to watch. Either way it will try to retrace back to support if it doesn’t hold. Not saying every-time but seems to be the pattern.
Audios amigos Cherio??

It’s all part of the Rig, whereby they try to make out everything is healthy/ok…when in fact it is a cess pit , held together by string….

and yr right this 24 level on Silver would appear to be where they make a huge stand…..

A while back she tipped Zim…it has just rallied nearly 30 %, while paying a 150 % divi……

It was fun while it lasted.

MG

Totally agree. I know this has been discussed here, but IMHO, this morning was all about getting the price of silver down…….

It just seems that silver ( or derivatives attached to it), would potentially be triggered if it’s price is sustained above $24…..

Food for thought….