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

Gold Train

Posted by Maya @ 1:34 on April 26, 2024  

Rail Diesel Cars. Self propelled with the motor on the roof
https://railpictures.net/photo/840149/

 

Ipso

Posted by goldielocks @ 22:07 on April 25, 2024  

I was going to post a part of it here but my grandson 11 was bit by a loose pitbull. And here I was worried about criminals. Having to teach him to keep a cotton bandana with him. How to use for bandages, slings, pressure bandages and his young size a tourniquet and keep it in his pocket or back back.

Right and Trump could of rightfully went after Hillary for conspiring to unseat a  president with Russia collision after she lost and  spying on him during his campaign both illegal but Trump did not for the same reasons but apparently they have double standards, Just US systems and are acting as a banana Republic.

Here’s some of the conversation by the supreme court. The last one was Jackson rather bias in a vindictive tone. I think she was the one who was appointed during Biden who couldn’t distinguish the difference between a man or woman biologically.

From Outnumbered on Fox

D’oh!

Posted by ipso facto @ 19:15 on April 25, 2024  

Russia To Seize $440 Million From JPMorgan

https://www.zerohedge.com/markets/russia-seize-440-million-jpmorgan

Trashing our “exorbitant privilege”

Posted by ipso facto @ 19:05 on April 25, 2024  

goldielocks @ 15:39

Posted by ipso facto @ 18:53 on April 25, 2024  

Thanks for the input.

re: “precedence of attacking previous political opponents”

Darn right that’s a slippery slope right into Banana Republic status. Destructive of democracy!

Buygold

Posted by goldielocks @ 18:17 on April 25, 2024  

Might not go in a straight line but it’s got a long way to go.

Finally

Posted by Buygold @ 16:33 on April 25, 2024  

A real rally in the shares. Maybe even based on projected earnings. What’s interesting is that it wasn’t blowout volume across the board in all the shares. NEM and GOLD led the pack with heavy volume, but GFI was up on light volume, KGC on better than average. I’m a little surprised by that but maybe it indicates that we’re really now just getting started.

These metals can’t be too far off from a real run either. I hope anyway.

Wave C??? 🙂

Ipso 11:37

Posted by goldielocks @ 15:39 on April 25, 2024  

Yeah Blackrock holds shares in many if not all of them. Plus was working with the Feds for awhile, yeah the Fed called them to help them with mortgage securities to help drive up the housing prices as a result I guess.

There not the only ones though but maybe the biggest player and with the interest rates up the ones buying them up can pay full price so more to their advantage than the working class.

Some billionaire familiar with his name but not that familiar but forgot it said of Fink, he likes the guy but doesn’t want a emperor.

I watched the Supreme Court hearing this morning on Immunity for Trump. They were all heavyweights so didn’t talk in lay terms nor could we know all the cases they referred to but man was that lawyer magnificent, he must have a 200 IQ standing alone to comments or questions by all the supreme court justices as well as most the justices except Jackson although a couple more liberals but stayed within their interpretation without vindictiveness. The majority had real concerns about new presidents taking revenge on past like in some countries setting precedence going forward and also pointed out how they were using state accusations  that btw were misdemeanors,  that statue of limitations ran out and bring it back to the lower courts to figure out. Because of that sending it back is more likely  in which will take a long delay perhaps past the election.

Wow been out and about…..NEM is a sight for sore eyes

Posted by Maddog @ 15:00 on April 25, 2024  

at last the shorts are getting it……..and boy oh boy are they short NEM….as the scum use it to cap the HUI day in day out…..

Interesting day and AGI

Posted by Buygold @ 12:11 on April 25, 2024  

So, NEM is carrying the ball and moving the HUI back toward the 265 area – which needs to break and get us a quick jump to 280. The good thing is that some of these other components are getting a little bit of a bid as well.

Unfortunately, they have the metals well contained, and it seems they’ve had to expend a fair amount of energy to do it. The problem is of course the same. We’re not going to see $3K anytime soon by moving $10 a day.

That being said, NEM is leading and so are the shares, just like back in the good old days. That gives me some hope that bigger moves may be on the way. The GDP report was screaming stagflation which should be the best scenario for our metals.

AGI’s earnings are puzzling, they met expectations but that’s not really a win. I’m wondering why they didn’t benefit from the higher metal prices. Anyone know if they hedge?

They’ve been a rising star but won’t continue to be if they’re hedging.

 

Bits of a puzzle

Posted by ipso facto @ 11:37 on April 25, 2024  

Watching a TV ad for reverse mortgages … wondering if Blackrock and their pals are involved? They pay out some fiat and end up owning real property. House after house turned into rentals … and the citizens turned into serfs.

Somebody’s got their boot on the neck of the riggers!

Posted by ipso facto @ 11:30 on April 25, 2024  

One would think

Posted by deer79 @ 10:29 on April 25, 2024  

that this bit of news would also help us in the metals arena. But “thinking” has proven to be a dangerous game in the pm world…..

The world’s largest global diversified miner, BHP Group, is making a monster bet on surging future copper demand with the proposed takeover of Anglo American Plc. The bet is based on the thesis that the world’s power grids need a major overhaul and that the electrification of the economy will unleash new demand for base metals. This also comes as market observers have warned about an impending shortfall of global copper mining supply.

According to Bloomberg, BHP proposed an all-share deal valued at £31.1 billion ($38.9 billion). The transaction depends on Anglo spinning off its South African iron ore and platinum businesses to its shareholders. The offer is conditional and non-binding at £25.08 a share, or about a 14% premium to Anglo’s closing share price on Wednesday.

Buygold

Posted by goldielocks @ 9:50 on April 25, 2024  

Well they’re not gonna cut because of a soft landing lol There gonna have to play damage control from Bidenomics.

PMs have held pretty well. The shell stocks and why it’s better not to have them very long if at all may not hold up as well.

GDP was ugly

Posted by Buygold @ 9:36 on April 25, 2024  

Yet rates are soaring, 10 year heading back towards 5%
Dollar up a little.

SM needs a bailout. The big money is going to dismantle these tech giants one at a time. Meta goes first.
We should be soaring, but instead we get the usual.

The Fed will have to cut, but they shouldn’t.

GDP is not good

Posted by goldielocks @ 9:31 on April 25, 2024  

Looks like initially the market is gonna pull down everything with it except maybe the dollar I haven’t the checked. I’m out so don’t need to know right now.

Scum arrived on cue

Posted by adogsbody @ 9:28 on April 25, 2024  

What a take down!

Dog

Bea

Posted by goldielocks @ 9:24 on April 25, 2024  

Gdp

https://www.bea.gov/news/2024/gross-domestic-product-first-quarter-2024-advance-estimate

Posted by ipso facto @ 9:21 on April 25, 2024  

been that way a long time…

Posted by treefrog @ 9:09 on April 25, 2024  

Image

Firming up

Posted by Buygold @ 8:53 on April 25, 2024  

Enough with these $10-20 up days

I want to see the $50 C-wave rallies. 👏😎

edit: and here they come, they are relentless. Aladdin programmed to keep pm’s at bay – at all cost

GDP numbers out

Posted by Buygold @ 8:37 on April 25, 2024  

Don’t seem to be unfavorable to pm’s just yet, although the scum is all over the metals and keeps trying to drop the bid.

Whatever the number was, it appears the SM hates it, as the futures took another leg down.

Here we are faced with the same old dilemma, can we decouple from the SM? Not sure we’re there just yet. The scum just keeps grinding.

Posted by ipso facto @ 8:27 on April 25, 2024  

Founders Metals Engages Blue Coast Research for Preliminary Metallurgical Test Work

https://ceo.ca/@newsfile/founders-metals-engages-blue-coast-research-for-preliminary

Orezone Intersects 18.41 g/t Gold Over 8.00m and 22.17 g/t Gold Over 4.00m in Ongoing Exploration

https://ceo.ca/@globenewswire/orezone-intersects-1841-gt-gold-over-800m-and-2217

Plato Gold Reports on 2023 Year-End Results

https://ceo.ca/@globenewswire/plato-gold-reports-on-2023-year-end-results

AngloGold Ashanti Files Its 2023 Annual Report on Form 20-F and Amended Half-Year 2023 Form 6-K With the SEC

https://ceo.ca/@businesswire/anglogold-ashanti-files-its-2023-annual-report-on-form

Radius Gold provides update on drilling at Motagua Norte property, Guatemala

https://ceo.ca/@thenewswire/radius-gold-provides-update-on-drilling-at-motagua

OceanaGold Announces IPO Pricing For 20% Interest in OGPI

https://ceo.ca/@newswire/oceanagold-announces-ipo-pricing-for-20-interest-in

Volcanic Gold provides update on drilling at Motagua Norte property, Guatemala

https://ceo.ca/@thenewswire/volcanic-gold-provides-update-on-drilling-at-motagua

LUNDIN GOLD TO BUY OUT 100% OF STREAM FACILITY TO BECOME DEBT FREE

https://ceo.ca/@newswire/lundin-gold-to-buy-out-100-of-stream-facility-to-become

Newmont Reports First Quarter 2024 Results

https://ceo.ca/@businesswire/newmont-reports-first-quarter-2024-results

Xali Gold Announces a Modification to Deal Terms for SDA Plant in Mexico

https://ceo.ca/@globenewswire/xali-gold-announces-a-modification-to-deal-terms-for

Newcore Gold Announces Positive Updated Preliminary Economic Assessment for the Enchi Gold Project, Ghana

https://ceo.ca/@globenewswire/newcore-gold-announces-positive-updated-preliminary-fc644

Snowline Gold Consolidates 100% of Its Einarson Project and Acquires Adjacent Gold Target With Historical Drill Result of 9.7 Grams per Tonne Gold Over 38.7 M

https://ceo.ca/@accesswire/snowline-gold-consolidates-100-of-its-einarson-project

Galantas Report Annual Financial Results for the Year Ended December 31, 2023

https://ceo.ca/@globenewswire/galantas-report-annual-financial-results-for-the-year-1aa3c

Aurania Announces Increase in Size of Debt Settlement to C$2.07 Million

https://ceo.ca/@newsfile/aurania-announces-increase-in-size-of-debt-settlement

Artemis Gold Provides Q1 Update on Blackwater Mine Construction Progress

https://ceo.ca/@newswire/artemis-gold-provides-q1-update-on-blackwater-mine

Alamos Gold Reports First Quarter 2024 Results

https://ceo.ca/@globenewswire/alamos-gold-reports-first-quarter-2024-results

Thunder Gold Provides Update on Tower Mountain Gold Property and Announces Option Grant

https://ceo.ca/@newsfile/thunder-gold-provides-update-on-tower-mountain-gold

O2Gold Upsizes Private Placement and Provides Update on Quebec Aur Transaction

https://ceo.ca/@globenewswire/o2gold-upsizes-private-placement-and-provides-update

Equinox Gold First Quarter 2024 Financial Results, Annual Meeting and Corporate Update

https://ceo.ca/@newsfile/equinox-gold-first-quarter-2024-financial-results

CopAur Minerals Receives $1,000,000 in Cash and Three Million Shares of Omega Pacific Minerals Inc.

https://ceo.ca/@newsfile/copaur-minerals-receives-1000000-in-cash-and-three

Centurion Identifies High Quality Gold Target-Casa Berardi West Project; Acquires Additional Claims

https://ceo.ca/@newsfile/centurion-identifies-high-quality-gold-target-casa

Silver Mountain Announces Closing of Prospectus Offering

https://ceo.ca/@newswire/silver-mountain-announces-closing-of-prospectus-offering

Adamera Receives BLM Approval to Drill Multiple Targets on Buckhorn 2.0 Gold Project

https://ceo.ca/@thenewswire/adamera-receives-blm-approval-to-drill-multiple-targets

NEM blows away earnings estimates – stock up 5% premarket (edit: now 3.6%)

Posted by Buygold @ 7:56 on April 25, 2024  

Hopefully this is just the beginning for the shares.

Newmont Q1 2024 Adj EPS $0.55 Beats $0.36 Estimate, Sales $4.023B Beat $3.670B Estimate

7:08 am ET April 25, 2024 (Benzinga) Print
Newmont (NYSE:NEM) reported quarterly earnings of $0.55 per share which beat the analyst consensus estimate of $0.36 by 52.78 percent. The company reported quarterly sales of $4.023 billion which beat the analyst consensus estimate of $3.670 billion by 9.62 percent. This is a 50.17 percent increase over sales of $2.679 billion the same period last year.

Have to go against the grain today

Posted by Buygold @ 6:08 on April 25, 2024  

We’re up a little but the SM looks to give up some ground today after META earnings disappointed. It seemed the SM was a little shaky yesterday as well, it feels like the path of least resistance is down for now.

The question for us is always whether the pm sector can withstand a sliding SM. So far, so good, as far as April goes, but we’ll have to see if that continues when the SM finally falls apart in earnest. If it ever does.

Dollar a little weaker, rates flat, Bitcoin down 1/2%, still $60K+ overvalued. 🙂

The day when pm’s start to suck up a little of that stock and bond market cash will be glorious. 🙂

There’s some eco data that could be a potential landmine, GDP jumps out at me.

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