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

re that Crypto report…i love the way he casually says someone was out to steal a lot of money…but don’t worry it all gonna be ok in the end….!!!!!

i have been acutely aware of the price gyrations of cocoa.  i have a coffee addiction as firmly entrenched in me as any junkie’s habit.  over the years i have developed the habit of stirring a half teaspoon of cocoa powder (baker’s chocolate) into a cup of my brew along with cream and sugar.  try it, you may like it.  cocoa has a caffein content, so it gives the coffee a little boost.

life’s little pleasures add up.

I agree, it will only be production/price that ends this squeeze ….Prices could well go crazy, like Cocoa did recently…..but way worse, because Cocoa being an annual crop you can increase production quite quickly, unlike any metal, that as you say takes years to get on stream…..

Cocoa went up nearly 6 times in 2 years….and then prices eased a bit as new supply was grown….Silver could take 6 to 8 years to get new production going…..so it will have to be price, which means we could see Lord knows how many times in price .

NY time between 6 am to noon continuing on silver formed a reverse head and shoulders pattern. Bullish See what happens after hours. Last night looked like profit taking plus dollar up a bit, China having problems. Now I hear a attack on Bitcoin except those held in self custody. I could wonder if the two were related but can’t see a comparison other than assets but Bitcoin remains a paper asset that even if it can’t be manipulated like banker did paper trading PMs without delivery although it can be bought by companies like Blackrock buying it up to perhaps trying to have controlling interest which makes it no longer free from control including price control but can be stolen on the computer.

Yeah, I’ve been watching it. It dipped into the $6 range yesterday and I didn’t pull the trigger. Geesh.

Tower Hill is another one that has taken off – THM was $.60 not too long ago.

I was hoping silver might retake and close above $52, but it’ll need some short covering into the close.

Regardless, this is a win on the day. They were unable to pull off one of their famous waterfall events. Good to see. Silver shares doing well today too. Most of them anyway. NEM new lifetime highs.

Dollar failed at the 200 dma, I wonder if it starts to head back down?

$19B CRYPTO HEIST 🚨

Attackers exploited a flaw in Binance’s USDE stablecoin — timed perfectly with Trump’s tariff comments — to trigger cascading liquidations across crypto.

$19B wiped. Leverage traders destroyed. Cold storage holders untouched.

My full breakdown,

https://x.com/AndySwan/status/1977808977778839590

up over 50%  !!!

the prime driver of the silver shortage is the chronic structural deficit.  silver (unlike gold) is not only a precious metal, it is also an industrial metal – it gets used and used up.  for decades the world has been using more than was produced, slowly chipping away at the huge inventory that had been built up (strategic reserve, hoarding, coinage, tableware and jewelry etc.)  that inventory has been largely depleted.  thus the situation on the supply side.

the demand side?  hoarding and jewelry demand will decrease with rising prices (economics 101).  industrial usage?  not so much.  silver is the best conductor of both heat and electricity.  it has excellent light reflecting ability and interesting musical and medical uses.   in these usages, the cost of the silver is a very small fraction of the cost of production.  a $500 computer may have a gram of silver in its chips and printed circuits.  if the cost of silver doubles (ten – touples?) it will not greatly raise the cost of the computer.  other industrial uses have a similar dynamic.  civilian industrial demand will be relatively price – inflexible.

military – industrial (a tomahawk missile has 30 toz of silver, mostly in its batteries.) price seldom bothers military procurement.

yes, rising prices will restrain demand, but not as much as with other products.

JB Slear
@JB_Slear
Illinois Democrats Caught Laundering Over $1 Billion Through NGOs

Lawmakers uncovered that more than $1 billion in taxpayer funds were funneled to politically connected NGOs with zero transparency. These groups aren’t subject to FOIA, meaning taxpayers can’t see where the money goes. Democrats buried the grants under vague budget language, hijacking the human services fund that once aided seniors and families — now redirecting it to partisan causes like immigrant support, LGBTQ advocacy, and race-based programs.

https://x.com/JB_Slear/status/1978082619460931695

Samsung invests in Silver Storm Mining

Silver Storm Mining (TSXV:SVRS) signed a definitive agreement with Samsung Construction and Trading Corporation (C&T) for US$7 million in offtake prepayment financing to restart the past-producing La Parrilla silver mine complex in Durango, Mexico
Besides La Parilla, the company owns the San Diego project, one of the largest undeveloped silver assets in Mexico
Silver Storm stock has added 89.58 per cent year-over-year

“Samsung will be granted the right to purchase 100 per cent of lead-silver and zinc concentrate produced at La Parrilla over a two-year period.”

https://stockhouse.com/news/the-market-online-news/2025/10/10/samsung-invests-silver-storm-mining

What about the demand side of the formula? … now that silver has taken out 50+ year highs and is moving well … macro-momentum traders will increasingly have to have some.

It’s the same game they play with the tech stocks essentially … only actual decisions are made here … which is good because the index funds are going to suck for a long time.

Hopefully the asset managers too.

Cheers

No big rush to sell MUX stock. Down 12cents for a $20 stock is not much. That’s a great sign of strength!

i think you’re right, the silver that leaves the exchanges will not return.  what will relieve the shortage is increased production, and that will not be quick.  the silver mining companies have (and will find) large inventories of in ground silver which was not economic to produce at, say, $25/toz.  those mineral deposits will become economic to produce as the price rises.  the mining companies, however will mobilize those deposits over spans of years, not weeks.

i believe production will respond to rising prices and remedy the shortage, slowing the price rise, and perhaps even reversing it (in terms of 2025 dollars).  i am 81 years old.  i am not sure i will live to see it.  my children may.

if this physical shortage is real (as it seems to be), this bull market in silver will not be a flash in the pan.  increased production will curb the rise in price at higher (perhaps MUCH higher) levels, but not soon.  years.   decades??

Open interest in CME silver is rising so the banksters are not covering – they don’t worry about that kind of thing with the implicit guarantee.

That may go out the window at some point very soon however if one of them actually goes down like Bear Stearns … who knows.

Upwards and onwards … chuckle

Probably a good move long term but we know how the market views takeovers.

Cheers

The difference with this squeeze is that it is in the cash market….when a Futures mkt gets squeezed, they can both raise margins and force longs and shorts to settle at an agreed price….A cash market has no margins to raise and buyers take away their metal….and either use it, say in jewelry etc or store it…..so the only way to get stored metal back, is to let the price go so high , the stored metal surfaces…..

As as others have said the metal prices are so low, tks to decades of abuse, no one is gonna part with metal until we see way higher prices….therefore the squeeze will continue.

Just curious; when you say that there was Gold flown into London to play with…….

Where exactly do you think that Gold is coming from????

I thought it was pretty well timed to have some downside momentum just before the London open. Provided some cover for the shorts, because it was up pretty good before they came in.

Gold still holding its own and the shares aren’t in panic mode. Lots of day left.

Yes they came in overnight … that was to be expected with some of that bullion flown into London to play with and Canada back on line today … but one should not expect a lot of metal to go back to London from the US with Trump still running around swinging his tariff stick.

Too expensive to replace if it goes the wrong way.

So far only an A – B – C correction on the hourlies – so it’s not over just yet.

Cheers

I imagine that MUX will get clubbed on that news….

Its had a nice run…….

already down 3% in the pre-market.

https://finance.yahoo.com/news/mcewen-inc-canadian-gold-corp-113000914.html

They can win battles but not the war.

Hope I’m wrong.