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

During the conference one of the reporters said that Powell suggested that he was going to lower the interest rates to Trump who Trump responded he should have done that already. Not a know for sure but that was the conversation…

Yup … the idiot dumb money is still chasing tech/crypto.

The ratios say this will not last much longer.

It’s a value stock in an ignored sector.

Puff on that for a while.

Not advice.

Cheers

So you like them. There are only a few left that haven’t really run yet, it’s one of them. I’ll keep watching.

… a lot of deliveries and EFP’s in Comex gold yesterday … somebody knew what Powell would say today.

Gold Futures Volume & Open Interest – CME Group

This is on top of a very steady physical drain all month … as Ed Steer documents … putting the LMBA in jeopardy.

Giddy up silver … it’s a bucking bronco.

Chuckle

They just had a very favorable election.

They still have a low float.

As commodity prices rise the economics of the deposit get better.

The deposit is huge.

Think hard.

Not advice

I’m wondering if Eloro now gets into the tax loss selling season. Their timing is rough.

Your GROY has done its thing. Quite a performance. Congrats.

Who are these people who don’t like tarriffs but don’t want Powell to lower the interest rates but not raise them either.

It’s like he’s doing a half hack job supposedly fixing what they caused  and keeping it half way. Left interest low too long while buying mortgage backed securities. Is that part of his job? Inflation is a tax, driving up housing prices while demos war on oil driving taxes up on everything else starving people.

He still hasn’t brought down inflation because apparently he didn’t increase interest high enough even if temporary to drive it down Who is he protecting?  So why be a hypocrite since he likes inflation ” taxes’  so much seen with his reluctance to stop it and drag it on while keeping loan interest too high for the average person making hidden inflation worse stuck in limbo. I don’t know why anyone listens to anything he says, other than to protect themselves from his incompetence or corruption?  He’s just full of it Now we’re stuck.with a over priced Fed building,  should be called The House of Shame..

That’ll do it. Terrible terms for them with the market the way it is. Good for the buyer though. I guess it could drop down to $.65-.$.70 again. This type of stuff frosts me. No reason to jump in it today I suppose.

What’s your take on the action for us next week? You called the end of the month games a few months back. You think they come after us again next week?

At some point gold is going to bust out of this range between $33-3500. I don’t know if it needs $40 silver to do that or what, but if the Fed is going to start easing, the winds are at our backs.

Oliver had ELRRF on his Jr list last nite , he mentioned if it goes below .75 on aug or Sept  dump it

Elero needs more money, so they did another dilutive private placement with a firm called Red Cloud. Issuing more shares at 1.15 Canadian ( equals .827/share in US dollars).

TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro” or the “Company”) is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (“Red Cloud”), as sole underwriter and bookrunner, pursuant to which Red Cloud has agreed to purchase for resale 4,348,000 units of the Company (the “Units”) at a price of C$1.15 per Unit 

I don’t know ask the Democrats. Someone like Newsom or the ones who run NGOs.

Do you have any news on Eloro? Down 17%, but not on any real heavy volume. I’m thinking it has some support here and might be worth a stab. Problem is that it’s pretty hard sometimes to get news on these juniors.

You see anything that would explain the dump?

If you say so 😂

I took down my post in the interest of not creating strife.

Life is too short and most of us don’t have much time left anyway.

That being said, with the time we still do have left, it’s nice to see the pm complex doing well!

😁💪

They needed a cover story for the steal … strokes Trump’s ego so he loves it.

Cheers

… the question is … if this is stealing from Trump … then what are all the egregious taxes and tariffs on the public?

“They Stole $550 Million Dollars From Me” – Trump Celebrates Overturned Penalty in Letitia James’s “Fake” Civil Fraud Case | The Gateway Pundit | by Jordan Conradson

Inquiring minds want to know.

Chuckle

Dollar craters, markets roaring, pm’s turn.

Notice how they had to put pm’s in a hole before the news?

… they leave office but their love remains.

Obama’s $500M Presidential Center Turns $830M Nightmare as Locals Push Back | The Gateway Pundit | by Robert Semonsen

At least the locals are finally catching on and doing something about it.

About time … level the damn thing.

Mornin all … a bit cranky this morning.

Chuckle

Most people not deeply involved in the artificial intelligence frenzy may not have noticed, but perceptions of AI’s relentless march toward becoming more intelligent than humans, even becoming a threat to humanity, came to a screeching halt Aug. 7.

That was the day when the most widely followed AI company, OpenAI, released GPT-5, an advanced product that the firm had long promised would put competitors to shame and launch a new revolution in this purportedly revolutionary technology.

As it happened, GPT-5 was a bust. It turned out to be less user-friendly and in many ways less capable than its predecessors in OpenAI’s arsenal. It made the same sort of risible errors in answering users’ prompts, was no better in math (or even worse), and not at all the advance that OpenAI and its chief executive, Sam Altman, had been talking up.

“The thought was that this growth would be exponential,” says Alex Hanna, a technology critic and co-author (with Emily M. Bender of the University of Washington) of the indispensable new book “The AI Con: How to Fight Big Tech’s Hype and Create the Future We Want.” Instead, Hanna says, “We’re hitting a wall.”

The consequences go beyond how so many business leaders and ordinary Americans have been led to expect, even fear, the penetration of AI into our lives. Hundreds of billions of dollars have been invested by venture capitalists and major corporations such as Google, Amazon and Microsoft in OpenAI and its multitude of fellow AI labs, even though none of the AI labs has turned a profit.

Public companies have scurried to announce AI investments or claim AI capabilities for their products in the hope of turbocharging their share prices, much as an earlier generation of businesses promoted themselves as “dot-coms” in the 1990s to look more glittery in investors’ eyes.

Nvidia, the maker of a high-powered chip powering AI research, plays almost the same role as a stock market leader that Intel Corp., another chip-maker, played in the 1990s — helping to prop up the bull market in equities.

Michael Hiltzik

The FBI today raided the Maryland home of John Bolton, who previously served as President Donald J. Trump’s National Security Advisor and has since been a staunch critic of the President. The raid was reportedly part of a “national security investigation in search of classified records,” according to an official who spoke with NBC News.

https://x.com/sentdefender/status/1958872118478643366

All was set to vote in a conservative government but then a chap called Trump chimed in. Crime reform was number 1 on the conservative agenda.

Unfortunately our conservative leader was compared to MAGA Trump and the election was turned on its head.
For most of us conservatives it was an unfair representation. But it was effective.

Dog

Canadian resident charged after armed, wanted felon breaks into his home

BY TDB

Been pretty much like this all week, with the metals starting the day in the hole every day except for maybe Wednesday. Dollar a little higher with rates flat. Oil flat. Crypto flat. SM bucking the trend and starting the day a bit higher. It has been lagging this week.

PM shares mostly lower, but we’ve had a good week unless they find a way to take it all back today.

No eco data of significance.

Powell speaks, but I’m not sure who cares. Pressure is mounting for one of his Governors, Lisa Cook, to resign or be fired. She’s another black DEI hire who believes she’s entitled to commit fraud on her mortgage application – like Letticia James – but not suffer any consequences. Course why would she? She’s been handed everything without having to be the better, why wouldn’t she expect to receive a pass?

The government has created an entire class of these types of people. It’s disgusting.

Trevithick’s New Castle, 1803.

Fascinating times.

No worries. He’s entitled to his opinion like everyone else. Trump evokes a lot of emotion, but I’ve never quite seen a single man/leader that has been attacked like he has. The conversation on policy is impossible to have without him being attacked. He causes people to lose their minds, even the few of them left that are somewhat rational. 🙂 Nothing quite like it.

Faber talked about the continuing expansion of the money supply. I’m not sure how he gauges that. M2?

Tough time sleeping tonight. Looks like we’re punching up again in the overnights.