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

Impact Silver is still well above 10 cents, but they are losing big money so guess you are right…wait til they are a dime.

Chuckle

If the “diggers” aka the miners are all going bankrupt, then using that logic the only shares worth buying would be shares under $.10 just to limit downside.

I suspect though that like with every other industry and business sector during a downturn, the strong will survive and eat the weak. The strong being those with good balance sheets, management and producing mines that they end up mothballing until prices recover. Probably a strategy that some should be employing now, but I digress.

Until as you say, they stop the extreme management of especially silver. We got nuttin’

P.S.–JNUG just printed a new pre-mkt. high….and my lowly little silver miner, CDE, is up 4%…

https://www.cnbc.com/quotes/?symbol=CDE&qsearchterm=

call a “resilience” rally….across the page…up 4 bucks one day down 2 or 3 the next…

Congrats! 🙂

Novo to Advance Egina Gold Project by Way of US $30 Million Farmin & Joint Venture With Sumitomo Corporation

https://finance.yahoo.com/news/novo-advance-egina-gold-project-115557599.html

It is still early, and a cap does appear to be in place.

As Maddog mentioned we have the 10 yr. falling, and the USD weaker.

Gold seems to be trading more inverse the SM than anything else.

Methinks we need to keep one thing in mind, despite the good rebound in the SM this week, the FED cannot cut rates into a rising SM, or falling unemployment. Hence, the weak numbers today and downward revisions to the last two months numbers which were significant.

No sirs, methinks the 10 yr. is telling us a pretty good SM correction may be at hand. What gold does is up to our very own Buddha to predict. I have no idea.

gold’s been whacked…stocks have been levitated…now we’ll start to see what the true trend for the day is

What’s encouraging is that JNUG is not giving up much of it’s gain…but no need for any false bravado…it looks like gold is pretty much in lockdown

Exactly…gold is going nowhere as long as silver continues to be managed.

The good news is it’s now being shorted by the dumb money hedgies.

And hey…what the hell can you do with $15 today…the same price as in the 70’s…except lose money if you are a digger.

The diggers are all going out of business…slowly at first…then all at once.

Cheers

but will it do…as mkts saying tks lets have some more….

http://futures.tradingcharts.com/marketquotes/DX.html

2 are down 4.9 % and 5’s down 4.2 %….ouch!!!!!!!…panic into quality going on.

JNUG had an immediate big gain…when lockdown mode is in effect…JNUG would only be up a few cents no matter the gain in gold.

Great call…that took some cajones…

The verdict is out +75K

The big news is that March and April numbers were revised down bigly.

They had to be to fit the Fed’s new potential “rate cut coming” policy.

Knee jerk says R640 – 1, Gartman – 0

8:25am–Everything is setting up nicely for our Pm trades—I like the fact that stocks have rallied into this report

The beginning of his prognostication career commences. We’re pulling for ya R640!

Will he be:

Or will he be:

Big Boy rides the Purple Sage
https://railpictures.net/photo/698641/
https://railpictures.net/photo/699337/

I’ve seen so many young wanting to know more about their grandparents in the war and what unit they were in. In those days I guess they didn’t talk about it. I remember seeing baby picture of me and my father was in a Army uniform he never talked about it. My grandfather bargained for him to be in the reserves cuz he was jointing despite being the only surviving sibling. That was Korea era but you never hear about it.
Do you know these days only a small number are in shape to serve. Guess their gonna draft women.

I wonder if they’re getting more vocal now because they see what is happening to our country. Somehow they could talk to me if I could have the opportunity.

I talked to a 90 year old Italian American being on line who was in the navy on aircraft ships. Their ship got hit by Kamikazes or shot planes who flew in to the gassed up aircraft. He showed me some pictures. The anti aircraft guns were melted but he said the gunners kept shooting and were killed. Seems to me close to impact where outcome won’t be different don’t be a victim if they could jump. Their ship didn’t sink. I told him it’s important they leave their experiences behind. He wrote a lot and was reading this attack and then told him after you know I almost burnt my kitchen down because it made me lose track of time and had something on the stove. He got a kick out of that.
I think he’s gone now because he made a site and it went down.

One 101 airborne Vietnam said he was never gonna tell his daughter he was in because of the things he had to do. I didn’t ask but I told him she’ll find out and be doesn’t have to tell her what he did there. Another 101 during Korea I think told me they also dropped them in the wrong place over a town. I’m guessing it was during Korea era because one of them landed on telephone wires. Many more stories.

These politicians should really keep out of the economy because they always mess things up and usually Wall Street and bankers are envolved. If we didn’t have a depression they wouldn’t need war. And that’s before pay for play and selling us out. At least then it was our economy they were worried about.

they came back as Men ..the Greatest Generation !

Basically when I was young just the fact he was a glider pilot and served in WW II. He went to Boston University and later got his masters degree.  Spent his life as an educator.  Moved to Tucson AZ  in his later years with his wife. Had a passion for airplanes.  Founding member of Freedom Wings and was active at the Pima Air Museum as a volunteer.  But wanting to be interned at Arlington National Cemetery shows where his heart was.