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

should be a buying opp IF gold is still in a bull phase

I don’t think this is a meaningful reversal, just a coordinated “sell the news” attack as you said, right around a round number. What it does say is that the cartel is still with us.

I’m wrong a lot, maybe that’s all she wrote like last year’s fast start and then crap out.

Among major North American gold miners, Newmont Kinross and Yamana stand to benefit most from cheap oil, Cowen and Company analysts says.

In a recent note to clients analysts Adam Graf and Misha Levental dig into how falling oil prices will affect the earnings of Barrick, Goldcorp, Newmont, Kinross, Agnico Eagle and Yamana Gold.

Broadly speaking they conclude those more relient on open pit operations will benefit most.

And more specifically, they highlight Newmont Mining, Kinross and Yamana.

“By our estimates, for NEM, KGC, and AUY, every $10/bbl decrease in oil price should lower operating costs by $28/oz, $38/oz, and over $23/oz, respectively,” Graf and Levental write. “Earnings in 2015 would be positively impacted by $0.16/sh, $0.06/sh, and $0.03/sh, respectively.”

Less affected are Goldcorp, Barrick and Agnico Eagle.

more http://www.mineweb.com/cheap-oil-gold-miners-set-profit/

somebody must know something on the inside

and that was before the “leak”–The big banks had the leak before the news media…

Today just reminds us that gold still has the potential to swoon…and that paper assets have the potential to just shrug off all the “problems” and blithely go on their merry way…ever onward and upward…

I hope gold gets back in gear today….but the ECB announcement and the Sunday Greek election…may be nothing more-for gold– than a case of “who’s afraid of the big bad wolf” aka “buy the rumor sell the news”.

“… and Davos will run out of Champagne, Coke and Hookers.”

LOL! I’d be willing to take the other side of that bet! 🙂

I think Smith is right that the only way things truly change is if there is a bloody revolution, not sure most people have the will for that unless they are starving.

Not only was it less, but it was front run, so there are monster positions to dump by the 1 %.

They have cleaned up and given the bill to German taxpayers, it stinks like hell……i bet Draghi will pocket billions on this and Davos will run out of Champagne, Coke and Hookers.

BREAKING: Yemen’s president held captive; U.S. sends Navy warships to Red Sea

http://www.washingtontimes.com/news/2015/jan/21/us-sends-navy-warships-into-red-sea-poised-for-emb/?????/

Canada does surprise rate cut of .25%

Let the devaluations begin.

So that’s the reason. The ECB came out with a popgun instead of a bazooka. I’m sure the Germans had something to do with that. The “shock and awe” has turned into a non event.

The afternoon will be interesting … to see if gold and the shares recover from this selloff.

… but but I want to fly to the moon nonstop!

E CB QE numbers leaked, so Scum had to hit us tdy etc…..

Seems all the Davos Scum were front running etc, cus if the MSM have it, you can bet Lloyd and Jamie had it before !!!!!!!

What a shower.

S&P Surges As ECB’s QE Leaked: Board Proposes €50 Billion In Bond Monetization Per Month

http://www.zerohedge.com/news/2015-01-21/ecbs-qe-leaked-board-proposses-%E2%82%AC50-billion-bond-monetization-month-dow-jones-reports

yeah, looks like we’re going to get the round number battle for $1300 as the boys try to goose the SM

Those EGO numbers are hardly worth an 18% down move. I guess we’ll probably see this on most miners this earnings go around. Might not be a bad thing to take some air out before they explode with higher metal prices.

Good luck with the novel. Next stop … Hollywood! 🙂

Wow EGO sure did get slammed on the opening. I’d guess they’ll recover most of that before the day is gone. Buy the dips (in miners) doncha know! 🙂

the article mostly says it’s an ar-15 that accepts the ak47 clip and ammo.  this does nothing to solve the ar-15’s major problem. – it’s a fine piece of equipment as long as you keep it spotlessly clean.  when, however you take it out into the real world (like a battlefield) where you find dust, dirt, and grit, you begin to encounter problems.

the ak47, however does not have this weakness.  you can drag it through the mud and it will operate as long as it isn’t actually underwater at the time.  this is hillarious!  it will operate even if deliberately abused.  imagine doing this to an ar-15.

Thanks for posting the EGO news. Poor bastards are getting slammed this am because they dropped their annual production numbers. Otherwise those all-in costs looked really good. Hardly worth the beating they are taking right now, especially with gold stronger. Might be a good day to add some.

http://finance.yahoo.com/news/eldorado-achieves-record-annual-production-231300494.html

Royal Gold Provides Update on Two Principal Properties

http://finance.yahoo.com/news/royal-gold-provides-two-principal-220000295.html

Eldorado Achieves Record Annual Production with All-In-Sustaining-Costs of $780/oz

http://finance.yahoo.com/news/eldorado-achieves-record-annual-production-231300251.html

San Gold Brings Motion to Extend Time to File Proposal

http://finance.yahoo.com/news/san-gold-brings-motion-extend-233000634.html

B2Gold Corp. Achieves Record 2014 Fourth Quarter and Full-Year Gold Production

http://finance.yahoo.com/news/b2gold-corp-achieves-record-2014-083000816.html

AuRico Gold Announces Initial Resource of 5.5 Million Gold Equivalent Ounces at Kemess East

http://finance.yahoo.com/news/aurico-gold-announces-initial-5-113000666.html

SEMAFO: 2014 Production Increased by 48%, Total Cash Cost Decreased by 16% Year on Year

http://finance.yahoo.com/news/semafo-2014-production-increased-48-130000884.html

Goldcorp acquires additional interest in Probe from Agnico Eagle

http://finance.yahoo.com/news/goldcorp-acquires-additional-interest-probe-132900431.html

Allied Nevada Announces Preliminary Full Year 2014 Gold and Silver Sales Increase 19% and 115%, Respectively, Year-Over-Year

http://finance.yahoo.com/news/allied-nevada-announces-preliminary-full-134500735.html

I think it’s a much better alternative for the military to use 7.62 instead of 5.56 or .223. Just much better stopping power, good that they’ve found a way to keep the weight down.

That Brandon Smith article is excellent. I posted a link to it the other day. I fear he may be right in thinking that China and Russia are both part of the same old NWO crowd.

The Burlington route has hauled the California Zephyr
from Chicago to Denver. Now the train is handed off to
the Rio Grande for the trip over the Rocky Mountains to
Salt Lake City.
http://www.railpictures.net/viewphoto.php?id=514957

I wish I had a Colville original

I have three prints.  To Prince Edward Island,  French Cross and Three Sheep …… all signed.

Last time I was in Yorkville, there was an exhibit, the originals were way out of site for my budget, even a small print.

…… Rhoda …… imagine a love like that

Best

Winedoc