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

https://finance.yahoo.com/news/puregold-milling-facility-achieves-design-233400797.html

Having some hiccups with their start up. Sure hope they figure it out.

Yep. Sold them into the close as is the norm. Better than going down on the day.

Any bets on follow thru?

I’m throwin away all my catfood recipes! Damn the torpedoes!

Just so you know, FYI, if you think the correction is over, and if we wanted to “buy the dip” I would buy more of my AG and CDE. Gold itself since the August peak of $2050 dropped 17%: $2050 to $1686, (-$364)

Including others I see here on my Schwab software PERCENTAGE WISE % gap grew versus Gold’s 17% decline. All other miners declined the same, 17% or more than Gold. Logic would suggest if these did great in a decline, they should do even better in a new up leg. And the dogs we were sitting on? Sell the next rally? Who knows? Maybe they’ll be the next good ones?

AG, CDE, HL, EXK, NFGFF, and SBSW (but its in Africa)

I just did all the homework for you guys. I report, you decide.

Re Key Fobs

Yes ….what story Ha, ha.

Also I have heard that these ‘new’ cars are way easier to steal, once u nick the codes…..so insurance has gone way up …duh !!!!

Looks like it right now. Hope not, I was looking for a bottom.

Dollar down. Not sure what else is driving pm’s but who cares?
We’re up

Part:

Marco Levi, Chief Executive Officer of GSM’s parent, Ferroglobe commented, “Certain foreign producers have been dumping unfairly traded goods, harming U.S. businesses and workers for far too long.” Marco Levi added, “We thank the ITC for its work on this case and its commitment to fair competition. Today’s decision will bring a much-needed and long-overdue level playing field to the silicon metal market at a critical time.”

On June 30, 2020, GSM and MS filed petitions to stop silicon metal producers in Bosnia and Herzegovina, Iceland, Malaysia and Kazakhstan from selling dumped and unfairly subsidized silicon metal imports into the United States, setting four cases in motion.

https://www.ferroglobe.com/press/news/us-international-trade-commission-reaffirms-material-injury-to-the-us-silicon-metal-industry-imports-from-bosnia-and-herzegovina-iceland-and-kazakhstan-subject-to-duties-of-up-to-160/

GSM +4.6% (has engaged with the European Works Council; GSM is seeking to reduce or cease production at some of its sites in Europe)GME +3.6% (appointed Elliott Wilke to the role of Chief Growth Officer – start date is April 5, 2021)

Note: $4/sh was $25. USA metals and other production coming back, too bad we all won’t be here to see it. A lot of these uptrends started up in Nov, so some people in gov’t, must have known early on.

GSM chart: https://schrts.co/khYhyuJw

GSM: https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=gsm&insttype=&freq=2&show=&time=20

Yes I remember the Greenspan Game. I also remember the Paul Volker game during the1970s. The public record called those  years “the inflationary 1970s” which is what it LOOKED like. (inflation meaning increase in money supply)

But thru the 1970s the 7 foot jerk, Dracula in charge of the blood bank, he should have been a plumber, all that clown did was SUCKING money out with higher and higher rates, 6% to 21% prime rate, forcing money into the “dead letter office” where it builds interest and doesn’t get spent.

Bottom like, the climbing prices on the 1970s was a LAGGING result of the inflationary era 1934 to 1971 increasing money supply, low rates, for WW II Korea, Vietnam, and the Moon Landing. The spigot was cut off in 1971, because we lost so much gold with balance of trade deficit. No problem, after ’71 we lost our industries and the cars made after 1970 gradually got worse, too complicated expensive electronic parts, I hear now you don’t even get an ignition key?

You get a bulbus fob? And a starter button? Don’t ever leave the car running, go into a 7-11, and drive away after leaving the fob on the counter. That happened here. Lady drove 200 some miles away on Thanksgiving. If she shut the motor for gas she would have been stranded. The store guy had to drive it up to give it to her.

Close enough for me … if I had any cash!

You could probably graph the Bugz depression rising as we get closer to a bottom …

Today looking pretty good!

Cheers

I had 2 TA based letters calling for @ 1660 and sub 24 in AU…one of which was the Adens…..maybe people are saying near enough….I know I was getting pretty depressed, always a sign that we are near the worst.

Developer Artemis Gold (TSXV: ARTG) has awarded a C$236 million ($186.8m) guaranteed maximum price (GMP), fixed-price contract to Ausenco Engineering for a 5.5 million-tonne-a-year processing plant and related infrastructure at its Blackwater gold project in central B.C.

The $236-million engineering, procurement and construction (EPC) contract is in line with the overall C$592 million ($468m) capital cost estimate outlined in the 2020 Blackwater pre-feasibility. The plant and associated infrastructure are expected to be the largest component of this capital outlay, representing approximately 40% of the estimate from the August study.

Artemis awards $186m EPC contract for Blackwater plant in British Columbia

B2Gold denied exploration permit renewal in Mali

US Evacuates All ‘Non-Emergency’ Embassy Staff & Families From Myanmar As Death Toll Hits 500

On Tuesday evening the US State Department issued an advisory for all non-emergency government employees and their family members to evacuate Myanmar. It comes after last month closer to the start of the coup crisis which began with the military seizing control on Feb.1 and junta crackdown against protests the State Dept. made departure “optional”.

“The Burmese military has detained and deposed elected government officials,” the department in the written statement, using Washington’s preferred old naming for Myanmar. “Protests and demonstrations against military rule have occurred and are expected to continue.”

“The Department of State made the decision to authorize ordered departure from Burma because the safety and security of US government personnel and their dependents, as well as private US citizens is the Department’s highest priority,” a State Department official further said.

https://www.zerohedge.com/geopolitical/us-evacuates-all-non-emergency-embassy-staff-families-myanmar-death-toll-hits-500

Benchmark Drills 66.00 Metres of 2.98 g/t AuEq Expanding near Surface Mineralization at the AGB Zone

https://finance.yahoo.com/news/benchmark-drills-66-00-metres-100000089.html

Roxgold Acquires the Outstanding 1.2% NSR on the Séguéla Gold Project and Agrees to Sell More Favourable 1.2% NSR to Franco-Nevada

https://finance.yahoo.com/news/roxgold-acquires-outstanding-1-2-103000447.html

GoGold Drills 1,126 g/t AgEq over 1.8m within 11.4m of 275 g/t AgEq and 48.6m of 164 g/t AgEq at El Orito in Los Ricos North

https://finance.yahoo.com/news/gogold-drills-1-126-g-103000717.html

First Majestic Files Updated Technical Reports, 2020 Mineral Reserve and Mineral Resource Estimates & Appoints New Director

https://finance.yahoo.com/news/first-majestic-files-updated-technical-110000868.html

Skeena Welcomes $5 Million Investment from Tahltan Nation

https://finance.yahoo.com/news/skeena-welcomes-5-million-investment-115500664.html

Cabral Gold Drills New Mineralized Vein at Indio and Continues to Expand Machichie Zone at the Cuiú Cuiú District, Brazil

https://finance.yahoo.com/news/cabral-gold-drills-mineralized-vein-123000778.html

Bonterra Expands Multiple Gold Mineralized Zones at Barry; Highlighted by 7.4 g/t over 14.7 metres, Including 20.6 g/t over 4.9 metres

https://finance.yahoo.com/news/bonterra-expands-multiple-gold-mineralized-123000366.html

OceanaGold Reports Mineral Resource and Reserve for the Year-Ended 2020

https://ceo.ca/@newswire/oceanagold-reports-mineral-resource-and-reserve-for

Re Spending….Great analogy , re spending dead person etc.

Fwiw…I have come to the conclusion, that they have taken what Greenspan found out, that u can use the Futures mkts, to move cash values, so that asset prices do what u want them to do, in order to give the appearance, that the mkt agrees with yr policies.

Greenspan did it a lot, especially after he spoke, which is how he got the reputation as a Mkt God…the mkts didn’t move because of what he said, they moved because they were forced to react that way, by trading Futures.

They have gone one or two stages further, they now react/influence 24/7, hence we see the mkts constantly ‘reconfirming’ policy, no matter how mad the policy is……the one weak link could be long term rates…..but even they are not as free as they were, hence the absence of Bond Vigilantes….. Check the German stock mkt…record Hi’s despite the collapse of Chinese demand and a country politically at war, with the Greens waiting to takover/ have massive influence…then look at France…way worse than Germany, yet it’s mkt is at record Hi’s as well….no way is any of that ‘natural’

The Empire Builder Climbing Marias Pass
https://railpictures.net/photo/752792/