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

Higher interest rates only adversely affect the metals? Give me a break….

according to yr mates maths…that is @ 500,000 oz each for every man woman and child in the US !!!!!!

Sibanye Stillwater (JSE: SGL) (NYSE: SBGL) said on Monday that South Africa’s top gold miners should merge and create a rival to the world’s largest producers, Newmont (NYSE: NEM) and Barrick Gold (TSE: ABX) (NYSE: GOLD), or risk being acquired.

Chief executive Neal Froneman said he believed that combining his company with Gold Fields (JSE, NYSE: GFI) and AngloGold (JSE: ANG) (NYSE: AU) would be in South Africa’s national interest, Johannesburg-based Business Day reported.

Sibanye calls for mega-merger with AngloGold, Gold Fields

https://twitter.com/Galactic_Trader/status/1368882384742084616

The rates (and scum:) are the wild card. They’ve been going up since August. Maybe oil had a headwind on the way up and would have been even higher. I guess the rocket attack in Arabia last night turned into nothing so far. If the rates start dropping as per stepper, then even PMs looks good. Why is this crap always a puzzle? But we can handle it, we’re men. 🙂

Part of link:

The swift advance in yields hit tech stocks particularly hard as these companies have relied on easy borrowing for superior growth.

Tepper believes Japan, which had been a net seller of Treasuries, could start buying the U.S. government bonds again following the surge in yields. The potential buying force could help stabilize the bond market, Tepper said.

“That takes a major risk off the table, and it’s very difficult to be bearish,” Tepper told Kernen.

Another bullish catalyst for stocks in the near term is the fiscal stimulus package that was just approved by the Senate, Tepper said.

David Tepper is getting bullish on stocks, believes Treasuries sell-off over

Vote Vote!

POLLS
I made it to the new site

Yes (90%, 38 Votes)
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Total Voters: 42

Gold Market Update – at critical juncture NOW

https://www.clivemaund.com/gmu.php?art_id=68&date=2021-03-07

going from red to green this morning.  🙂

Benchmark Drills 1.66 Gold Equivalent Over 186.00 Metres Extending Depth And Continuity Of The Mineralizing System At Cliff Creek South

https://finance.yahoo.com/news/benchmark-drills-1-66-gold-010000690.html

Banyan Gold Commences 2021 Drill Exploration Program At Aurmac Property, Yukon

https://finance.yahoo.com/news/banyan-gold-commences-2021-drill-103000534.html

Wallbridge Continues to Report Wide Intersections from Definition Drilling at Fenelon

https://finance.yahoo.com/news/wallbridge-continues-report-wide-intersections-113000328.html

Bonterra Announces Permitting Process for Bachelor Mill Expansion is Two-Thirds Complete

https://finance.yahoo.com/news/bonterra-announces-permitting-process-bachelor-133000903.html

Gold Lion Provides Exploration Update on Robber Gulch

https://ceo.ca/@thenewswire/gold-lion-provides-exploration-update-on-robber-gulch

Mountain Boy Confirms High-Grade Silver Samples at Theia, Golden Triangle, BC

https://ceo.ca/@newsfile/mountain-boy-confirms-high-grade-silver-samples-at

Osisko Files Technical Report for Windfall Mineral Resource Estimate Update

https://ceo.ca/@nasdaq/osisko-files-technical-report-for-windfall-mineral

Morning Folks

Downside action is not over yet …….

Sigh

Winedoc

Big Surprise eh. Down again.

USD up, rates up. Adios pm’s.

but they now have AU down on the day after an up opening….but Bonds are not listening, nor is Oil….weak PM’s are going to look increasingly wrong, if they don’t get Bond’s and Oil under control.

Flying High in the mountains
https://railpictures.net/photo/749744/