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

Look at that tech go

Posted by Buygold @ 9:32 on January 17, 2025  

No help to the pm shares. But when tech goes down, pm shares get blasted with them regardless if the metals are up.

What a sector. So fun.

Some more evidence of increased stress in the (physical) silver market

Posted by ipso facto @ 9:28 on January 17, 2025  

https://x.com/wmiddelkoop/status/1880244128996340091

and there you have it

Posted by Buygold @ 8:22 on January 17, 2025  

despite all the shortages and demand, and whatever else anyone can think up, the silver price can still be trashed by the scum any time they want.

Paper covers rock.

Posted by ipso facto @ 8:20 on January 17, 2025  

SILVER MOUNTAIN ANNOUNCES SPECIAL MEETING OF SHAREHOLDERS FOR PROPOSED SHARE CONSOLIDATION

https://ceo.ca/@newswire/silver-mountain-announces-special-meeting-of-shareholders

TDG Gold Identifies Copper-Molybdenum Porphyry Target at Bot, Toodoggone District

https://ceo.ca/@accesswire/tdg-gold-identifies-copper-molybdenum-porphyry-target

Goldshore Intersects 79.0m of 1.28g/t Au at the Southwest Zone of the Moss Deposit: Extends Mineralization from Current Resource Model in the Top 100 Meters from Surface

https://ceo.ca/@newsfile/goldshore-intersects-790m-of-128gt-au-at-the-southwest

Silver Storm Closes Third Tranche of Its Non-Brokered Private Placement Offering Including Participation by Eric Sprott, and Engagement of Whittle Consulting

https://ceo.ca/@businesswire/silver-storm-closes-third-tranche-of-its-non-brokered

Salazar Resources Announces Final Closing of Private Placement

https://ceo.ca/@newsfile/salazar-resources-announces-final-closing-of-private

Nova Minerals Quarterly Activities and Cashflow Report – 31 December 2024

https://ceo.ca/@GlobeNewswire/nova-minerals-quarterly-activities-and-cashflow-report

i-80 Gold Announces Pricing of Prospectus Offering

https://ceo.ca/@newswire/i-80-gold-announces-pricing-of-prospectus-offering

Lundin Mining Announces Record Production Results for 2024 and Provides 2025 Guidance

https://ceo.ca/@newswire/lundin-mining-announces-record-production-results-for-70209

ELECTRUM SILVER US LLC DISCLOSES OWNERSHIP OF SECURITIES OF FIRST MAJESTIC SILVER CORP. FOLLOWING CLOSING OF FIRST MAJESTIC’S ACQUISITION OF GATOS SILVER, INC.

https://ceo.ca/@newswire/electrum-silver-us-llc-discloses-ownership-of-securities

Kingfisher Announces Closing of Upsized Private Placement

https://ceo.ca/@accesswire/kingfisher-announces-closing-of-upsized-private-placement-32949

Underground Mining Halted at Kombat Mine, Namibia

https://ceo.ca/@businesswire/underground-mining-halted-at-kombat-mine-namibia

Providence Gold Mines Inc. Announces Extension of Private Placement

https://ceo.ca/@thenewswire/providence-gold-mines-inc-announces-extension-of

CMC Releases a New Valuation Report

https://ceo.ca/@GlobeNewswire/cmc-releases-a-new-valuation-report

Impact Silver Intersects 14.13% Zinc over 2.2m Including 26.06% Zinc over 0.9m at the Plomosas Mine

https://ceo.ca/@newsfile/impact-silver-intersects-1413-zinc-over-22m-including

San Lorenzo Completes Initial Phase of Drilling and Extends Program with Additional Hole at Cerro Blanco Target of Salvadora Project, Chile

https://ceo.ca/@thenewswire/san-lorenzo-completes-initial-phase-of-drilling-and

Goldgroup Announces Acquisition of Loan Facility

https://ceo.ca/@thenewswire/goldgroup-announces-acquisition-of-loan-facility

Sixty North Gold Updates Its Drilling Plans on the Wholly-Owned Mon Gold Property, Yellowknife, NWT

https://ceo.ca/@newsfile/sixty-north-gold-updates-its-drilling-plans-on-the

First Majestic Completes Acquisition of Gatos Silver

https://ceo.ca/@newsfile/first-majestic-completes-acquisition-of-gatos-silver

Silver Bullet Mines Corp. Reaches Target Underground at Washington Mine in Idaho

https://ceo.ca/@newsfile/silver-bullet-mines-corp-reaches-target-underground

Pegasus Resources Expands Gold Mountain Project with Strategic Land Acquisition, Doubling Project Area and Unlocking High-Grade Polymetallic Potential

https://ceo.ca/@accesswire/pegasus-resources-expands-gold-mountain-project-with

Robex Extends Life of Mine for Nampala Gold Mine With Updated Technical Study

https://ceo.ca/@GlobeNewswire/robex-extends-life-of-mine-for-nampala-gold-mine-with

Ashley Gold Corp. Summarises 2024 Accomplishments and Defines Objectives for 2025

https://ceo.ca/@thenewswire/ashley-gold-corp-summarises-2024-accomplishments-and

Decade Intersects 2.07 m of 3.18 % Copper and 43.48 g/t Silver

https://ceo.ca/@newsfile/decade-intersects-207-m-of-318-copper-and-4348

Puma Samples 601.33 g/t Gold at its McKenzie Gold Project

https://ceo.ca/@GlobeNewswire/puma-samples-60133-gt-gold-at-its-mckenzie-gold-project

Winshear Reports Drilling Results from the Coritiri Zone, Gaban Gold Project in Peru

https://ceo.ca/@GlobeNewswire/winshear-reports-drilling-results-from-the-coritiri

Orogen Royalties Creates a New Royalty on the Si2 Gold Project

https://ceo.ca/@accesswire/orogen-royalties-creates-a-new-royalty-on-the-si2-gold

Andean Precious Metals Reports Initial Results from Phase 2 Exploration Drilling Program and Management Changes at Golden Queen

https://ceo.ca/@newsfile/andean-precious-metals-reports-initial-results-from

Scottie Resources Intercepts 59.2 g/t Gold over 2.50 m and 35.2 g/t Gold over 2.00 m at Blueberry Contact Zone

https://ceo.ca/@newsfile/scottie-resources-intercepts-592-gt-gold-over-250

Putting it to the test

Posted by Buygold @ 8:10 on January 17, 2025  

Yesterday I pondered that pm shares will not go up unless the SM goes up. We may get to test that theory today if the metals can square themselves up – big “if”.

SM is up, Bitcoin blasting thru $102K up 3%. Oil flat. Dollar up firmly but 10 yr down 3 bips.

Whenever pm shares do nothing for a few days while the metals move higher, as has been the case for the last 4 days with the HUI, the metals have a tendency to get whacked. That appears to be the case today, at least with silver. No doubt gold will follow.

BTW – HUI was stuffed right at its 50 dma big surprise.

No eco data that will matter today.

Prepare for some suckitude

ferret

Posted by Maddog @ 7:11 on January 17, 2025  

This is another 1980…when u could buy 20/30 year debt above 18 %…..

Still with the way some of are being run if we are patient, we may well see well above 10 % on UK gilts…..see below for the latest act of utter madness.

Against Russia Forever: UK, Ukraine Leaders Sign ‘Landmark’ 100-Year Pact

https://www.zerohedge.com/geopolitical/more-trump-proofing-aid-uk-ukraine-leaders-sign-landmark-100-year-agreement

Forget Russia…seems most of us are banned from investing there….Those 5 yr notes at 17 % look v tasty….but verboten for us …darn.

Posted by Maddog @ 7:04 on January 17, 2025  

Or Russian bonds

Posted by ferrett @ 5:49 on January 17, 2025  

10yr Russian bonds yielding 15.8%.

But the debt is only US$200bn.

Moscow SM

Posted by Maddog @ 4:17 on January 17, 2025  

From the Low @ 70 in Oct 22 ….5 waves up, 3 waves down, to a near 50 % retracement but closed just above the 38 % level….up wave was exactly a Fib 21 months and down wave 7…only one short of a Fib No

Moex

AI

Posted by Maddog @ 3:59 on January 17, 2025  

Apparently AI needs two things, great tech people and vast amounts of energy…the cheaper the better ….who has that in abundance…..Russia….is it time to buy the Rouble…and the Russian SM.

Gold Train

Posted by Maya @ 2:25 on January 17, 2025  

Thru the Blizzard
https://www.railpictures.net/photo/873976/

 

ferret

Posted by Maddog @ 19:30 on January 16, 2025  

Re War premium…..it sure looks like you’re right…..though I am surprised.

Maddog,

Posted by ferrett @ 17:22 on January 16, 2025  

I was never really sure if we had a war premium for those conflicts in the POG. There was a blip over $2,000 when Ukraine started, but then it dropped back almost to $1,600! No, I think the long steady climb from October ’22 has been driven by world financials. The realisation that the current system is unsustainable, Chinese and Russian buying, the money printings of 2020 – 2022 coming home to roost, etc. etc. and now uncertainty about what a Trump presidency will really mean with tariffs, sanctions, DOGE etc. So I don’t think that peace will affect the POG, as I don’t think the wars, which the POG seems to regard as localised in nature, affected it in the first place.

From $1,600 to $2,700 in 27 months, and still a long way to go!

Worth thinking about

Posted by Maddog @ 16:28 on January 16, 2025  

Thankfully we are looking at the potential end of the Ukraine war and peace in the ME, yet Gold is holding/going up….!!!!

Ferret…Captain Hook

Posted by Maddog @ 16:20 on January 16, 2025  

I can’t ignore the super bullish TA in Silver, especially long Term…which says we take off straight up…that is how Saucers/Cup and Handles resolve….a battery would not create such demand, well not overnight…..but what would is finding out the price has been suppressed for decades and damn all is in the ETF’s ….Booom !!!!

ferrett

Posted by Maddog @ 16:14 on January 16, 2025  

Tks re the Aus Dollar…..i did think at the time I saw the line, that Trump has always said he wants/is happy with a strong Dollar…..

Cap’n, sorry to add a dampener, but

Posted by ferrett @ 15:52 on January 16, 2025  

if they are telling you that silver, or solid state batteries will “literally take over all battery / energy storage / energy production functions moving forward” then we know that they’re lying to us. Because they are expensive, and they have a limited life. There will be recycling problems. We still don’t have a commercial method of recycling lithium batteries.

Maybe they will be suitable for mobile applications – cars, tools, planes etc., but for the last hundred years the go to battery for static energy storage has been iron nickel batteries. With a little bit of maintenance including regular (say every 20 years) replacement of the alkaline electrolyte these batteries last forever. Some of Edison’s originals are still in use. They don’t care about cycling. They aren’t so fussy about charging voltages, compared to every other type.

Over the last 25 years there have been many promises of new battery technologies, sodium, magnesium, redox, etc, so forgive me if I park the silver battery along with them in the “wait and see” category. Even the now ubiquitous lithium battery took 25 years from invention to commercialisation.

Maddog 4:47 Aussie dollar.

Posted by ferrett @ 15:33 on January 16, 2025  

Not this time, methinks. There’s a reason for that precipitous fall – AUD was way overvalued and the fundamentals are still awful. Heavy reliance on China, huge green energy push rocketing electricity prices, inflation still hot (core inflation looks low, but state and federal govts have subsidised electricity with one off subsidies {more inflation!} such that we won’t be paying anything for over a year), unemployment still very low, housing still hot and much pressure for a cut in rates. The RBA is, of course, a non-political arm of the govt, but this is an election year. That last green candle looks to me like intervention, buying AUD to make it strong enough to justify a February rate cut. But the Aussie 10 year bond is hovering near its post GFC high – not a sign that rates are too high.

 

Buygold @ 12:53

Posted by Captain Hook @ 15:16 on January 16, 2025  

Some are doing that … most need capitol so they can’t.

Look what they did to AG shares for doing that … they will punish you.

I don’t hold a lot of hope in that regard.

That’s why it’s taking so long.

Maddog

You may be right if other factors cause huge price gains in the near-term. Not just vehicles but solar could be impacted as well. So here is hoping investment demand picks up, which it should once falling stocks pressure central banks to react to meaningful weakness. This year? I think so. We will see.

The leverage ratios on Comex and LMBA are huge so this must be dealt with at some point – which is the ultimate spoiler for the status quo.

This year me thinks.

Cheers

 

Eruption Resumes

Posted by Maya @ 15:13 on January 16, 2025  

After a pause of several days, Kilauea Volcano has resumed erupting at the summit crater. Yesterday the Halemaumau crater again began fountains several hundred feet in the air.
https://www.youtube.com/usgs/live

Maya- Crazy idiot living on a volcano

Dolly Varden…one I also hold many K shares just to stay in the game…Spectacular drill results too FWIW!

Posted by silverngold @ 14:34 on January 16, 2025  

It is now confirmed

Posted by Buygold @ 14:33 on January 16, 2025  

We’re still in the stage of the game, actually the same stage that we’ve been in for the last 15 years, where the shares will not have strength unless the SM is strong, regardless of what the metals are doing. Unfortunately, I’m afraid the same thing applies to the metals.

Someday maybe.

This is awesome

Posted by Buygold @ 13:53 on January 16, 2025  

https://x.com/MrStark_OG/status/1879884492971929753

Captain Hook

Posted by Maddog @ 13:26 on January 16, 2025  

Re Solide state batteries …They are a while away yet…and a lot more expensive than LiO batteries. I think Toyota are putting them in their lux range of Lexus vehicles first….

Still if EV’s prices keep collapsing and Silver stays strong….soon if the battery is Solid State, it will be worth more than the car !!!!!!

Captain Hook

Posted by ipso facto @ 13:13 on January 16, 2025  

We’re going to be smilin big when real shortages of silver develop. I don’t see why that won’t happen.
What’s that Jesse Livermore saying … something like it was only my sitting tight in a bull market that made me real money. I’m all for it.

Cheers

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