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

I am praying that his absence is simply due to a storm zapping cable or electricity service . Remember that his Shortwave antenna drew a lightning strike recently , so a weather system may still be lingering around the Islands .

https://ceo.ca/@businesswire/ssr-mining-reports-third-quarter-2024-results

I was wondering where you got the Fed thing was today?

I’m not watching the stocks much but did check that. My daughter’s back in the hospital again, for surgery on deep tissue injury from the accident. I kept her up on the election then gave her a link to watch Trump victory speech thanking everyone and going to make good on his promises to the people.

I hope Maya’s okay.

Fed announcement takes place tomorrow, in an odd switch because of the election.

Metals have kind of been in a small range after things settled after the ludicrous open. They stole a lot of money from people in the shares this am, at least anyone who sold.

We’ll see if Tavi Costa has a beat on things. I don’t know how the Fed gets rates down at this point and what does the dollar fall against? Bitcoin is the save all I guess. Oil came back nicely.

https://babylonbee.com/news/after-fox-interview-kamala-calls-mcdonalds-to-ask-if-her-old-job-still-available

Otavio (Tavi) Costa
@TaviCosta
I would argue this is the most important technical chart right now.

The dollar index is currently at a critical juncture, retesting two major resistance levels simultaneously.

Compelling macroeconomic factors suggest this index is nearing a historic peak, as the Fed faces the dilemma of needing to reduce interest rates faster than other central banks to address the rising debt-servicing burden, even amid persistent inflation.

I certainly share this view.

Chart https://x.com/TaviCosta/status/1852013018638393520

Notice they’re up a little. Not sure how that happens. KGC not down after they ran stops this morning. Just ridiculous.

Assuming we’re right in thinking that the Fed actually wants to save the economy now that Trump has been elected.

Only caveat, although it seems to me that they’ll have to at least give the appearance that they do.

I have kept my TLT position, though I could have exited with a small or no loss with the rally before this down leg.

If it is true that there was massive buying of TLT around the rate cut announcement, think how many bonds the etf must have bought and yet the rates rocketed.  Very interesting.

But I think the fed will have to buy the market soon or the rates will crater a lot of businesses and also to show they have not lost control.

It did cross my mind that they have decided the wanton government spending has to stop, and high borrowing costs may put the brakes on.  Who knows?

aurum

Deer79 – concur, although after the huge shakeup at the open, we’ve leveled off a bit. Last time I looked your two little guys Eloro and Lion were up.

Ipso – agree with all your posts this morning. Especially all those threatening to leave can GTFO

aurum – good call. Hopefully it’s the bottom.

Regardless, and lost in the euphoria today is the Fed meeting and the bond market. Bonds have been a one way ticket down for awhile now, and moving pretty quickly. The buyers in the last couple of auctions are underwater. How long can the Fed/Treasury keep offloading these things on the backs of the big banks? Then there’s the repo issue and I’m sure this is helping to speed up the need for more cash.

When all of this unwinds, I would expect the dollar to crater, although with all the trash fiat in Europe and Japan, who knows? Maybe the Swiss franc is the best alternative?

Gold is already upside of the worst numbers ,

I knew at about what area GDX would open (see chart below), and figured that many stops would be run at the open.  That is why I posted when I did, so those with hard stops could reset them or cancel for a few days.

aurum

then the burden of supporting them is going to be shifted towards the “sanctuary” cities and states who welcomed them … to the detriment of local budgets … fire, police, infrastructure, etc. This is going to cause a weakening of support for all the woke politicians running the blue states. Look at NYC already.

“TSLA soaring up 12% – good for Elon! He deserves it, and really risked a lot for the good of the country. A true patriot along with RFK Jr., Tulsi, Ramaswamy, Tucker, Russell Brand, JD Vance, Gen. Flynn, and many more.”

I’m excited to see who Trump puts in his cabinet! Look at all that talent! Outstanding!

We expect you to fulfill your pledge. We don’t want you here.

Agreed……this is ridiculous.

Perhaps we’ll finally start to see a pickup in merger/buyout activity in the mining industry because of these egregious
mispricings of so many of the miners!!!!

Frankly, this is a load of crap. Hopefully when the Fed announces things change a bit, but this is overkill, and the shares are getting obliterated premarket.

aurum – guaranteed the GDX will take out $38 probably at the open. Just hope it doesn’t close below it.

KGC had great earning last night, down 6%

The low 38’s are an important area. Lower bollinger band and 100 day simple moving average.

I would love to see that but they have this attitude it’s fascist if they go after their opponent. It has nothing to do with their opponent that turned around and did that to him and his associates.The media crazies were already  calling to go after Musk and destroy his businesses if Harris wins.

They’re already talking about asking Trump to pardon Biden and Hunter. That’s the problem with many of the Republicans of before, they are reactive not proactive. They did do a lot of work preparing for this election but with their interest in mind too.  They can’t bring back the victims of their open borders. Not to mention the thousands of children they lost. The people the left and lost in Afghanistan. The deaths in Russia and Ukraine or the Mid East.

Biden will likely Pardon Hunter. Trump should immediately pardon the political prisoners of Jan 6 th of 4 years when he takes office, political prisoners who are badly treated in that dungeon by Pelosi and not getting the medical care they need either. Then pardon himself from their bogus accusations so they can’t bother him or his family later.

There should be a lot of investigations going on. Like you say if nothings done they’ll do it again and why I hope they  put laws down to prevent as much of it from happening again.

80 bucks down and counting

wheres the bottom?

Dog

… and a special thanks to the arrogant, foolish Democratic leadership who thought they could impose a certified cackling moron to be president of the USA!

Latin Metals Vests 71% Ownership of Key Argentine Gold-Silver Exploration Assets with Potential for High-Grade Discoveries

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Dynacor Group: Veta Dorada Subsidiary Obtains First Carbon Footprint Peru Star From MINAM

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Kenorland Reports 26.67 g/t over 3.30m at the Frotet Project, Quebec

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North Peak Announces Closing of Private Placement

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Angus Gold Continues to define New Gold Zone at Dorset West, Intersects 2.3 g/t Au over 9.8 metres including 8.2 g/t Au over 2.1 metres, Golden Sky Project, Wawa

https://ceo.ca/@globenewswire/angus-gold-continues-to-define-new-gold-zone-at-dorset

Abcourt Confirms Gravimetric Gold Recovery from High-Grade Horse Zone on its Flordin Property

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Results Reported for Definition Drilling at AurMac Gold Project, Yukon

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Sprott Announces Third Quarter 2024 Results

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Eldorado Gold Announces Normal Course Issuer Bid

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Mawson Finland Limited Provides Summary of 2024 Exploration Drilling at Rajapalot: Setting the Stage for Continued Success into 2025

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Heliostar Announces Closing of US$10M Debt Facilities to Support Acquisition of Production Assets

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Amex Drills 134.36 g/t Au over 1.8 m to Expand the Central Polymetallic Zone and Reports High-Grade Intercepts from Multiple Gold Zones

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Orezone Reports Third Quarter 2024 Results

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Xanadu Mines Announces $5.5 Million Placement

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Pan American Silver Receives Investment Canada Regulatory Approval for the Sale of La Arena

https://ceo.ca/@businesswire/pan-american-silver-receives-investment-canada-regulatory

Pan American Silver Reports Unaudited Third Quarter 2024 Results, with Record Free Cash Flow of $151.5 Million

https://ceo.ca/@businesswire/pan-american-silver-reports-unaudited-third-quarter

McEwen Mining: Q3 2024 Results

https://ceo.ca/@globenewswire/mcewen-mining-q3-2024-results

Calibre Reports Q3 and Year-To-Date 2024 Financial Results as the Multi-Million Ounce Valentine Gold Mine Progresses to Construction Completion in Canada

https://ceo.ca/@globenewswire/calibre-reports-q3-and-year-to-date-2024-financial

Gold Resource Corporation Reports Financial Results for the Third Quarter of 2024

https://ceo.ca/@businesswire/gold-resource-corporation-reports-financial-results-03285

Triple Flag Announces Record Q3 2024 Results

https://ceo.ca/@businesswire/triple-flag-announces-record-q3-2024-results

Dundee Precious Metals Announces 2024 Third Quarter Results; Continuing Track Record of Strong Free Cash Flow Generation

https://ceo.ca/@globenewswire/dundee-precious-metals-announces-2024-third-quarter

Kinross reports strong 2024 third-quarter results

https://ceo.ca/@globenewswire/kinross-reports-strong-2024-third-quarter-results

Fortitude Gold Reports Third Quarter 2024 Results

https://ceo.ca/@accesswire/fortitude-gold-reports-third-quarter-2024-results

VIZSLA SILVER RECEIVES FINAL APPROVAL TO GRADUATE TO THE TORONTO STOCK EXCHANGE

https://ceo.ca/@newswire/vizsla-silver-receives-final-approval-to-graduate-to

[Video Enhanced] Real Costing, Final Engineering, Detailed Mine Plan: West Red Lake Gold Outlines Mine Restart Activities

https://ceo.ca/@thenewswire/video-enhanced-real-costing-final-engineering-detailed

Signal Gold Completes the Sale of The Tilt Cove Project to Firefly Metals

https://ceo.ca/@accesswire/signal-gold-completes-the-sale-of-the-tilt-cove-project

Electromagnetic Survey Identifies Multiple Strong Targets Coincident with Elevated Gold and Silver at Star River

https://ceo.ca/@globenewswire/electromagnetic-survey-identifies-multiple-strong-targets

Sarama Resources – Key Milestone in Cosmo Gold Project Acquisition

https://ceo.ca/@accesswire/sarama-resources-key-milestone-in-cosmo-gold-project

Klondike Gold Discovers Southwest and Northwest Exploration Step-Outs to Stander Zone Mineralization in Drilling Including 10.34 g/t Au over 1.5 meters

https://ceo.ca/@accesswire/klondike-gold-discovers-southwest-and-northwest-exploration

Royal Road Minerals Provides Exploration Update; Expands 2025 Drilling Program at Jabal Sahabiyah, Relinquishes Al Miyah Tender, Kingdom of Saudi Arabia

https://ceo.ca/@newsfile/royal-road-minerals-provides-exploration-update-expands

Opawica Identifies 20 High Priority Drill Targets on its Bazooka Property in the Abitibi Gold Belt

https://ceo.ca/@thenewswire/opawica-identifies-20-high-priority-drill-targets-on-392fc

Miata Metals Highlights Initial Drill Targets on Sela Creek Gold Project, Suriname

https://ceo.ca/@globenewswire/miata-metals-highlights-initial-drill-targets-on-sela

Western Alaska Minerals Drilling Confirms District-Scale Potential

https://ceo.ca/@accesswire/western-alaska-minerals-drilling-confirms-district-scale

Silver X Revises Down Its All-in Sustaining Cost (“AISC”) According to Revised Methodology

https://ceo.ca/@accesswire/silver-x-revises-down-its-all-in-sustaining-cost-aisc

Thunder Gold Reports Multiple Surface Rock Samples up to 13.2 g/t Au at the 100%-Owned Tower Mountain Gold Property in Ontario

https://ceo.ca/@newsfile/thunder-gold-reports-multiple-surface-rock-samples

Founders Metals Closes C$12.1M Financing with B2Gold

https://ceo.ca/@newsfile/founders-metals-closes-c121m-financing-with-b2gold

Centerra Gold Announces TSX Acceptance of Renewed Normal Course Issuer Bid

https://ceo.ca/@globenewswire/centerra-gold-announces-tsx-acceptance-of-renewed-normal-70cbf