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

strange that they are falling…..but they are way overdone to the upside technically, lots of people looking for this correction…..but I wonder if many will really buy, apart from those trading the correction….as everything else say rates shud be going up.

April 15, 2021, 10:00 AM EDT

Mortgage rates in the U.S. fell for a second straight week, slipping to the lowest level in more than a month. The average for a 30-year loan was 3.04%, down from 3.13% last week and the lowest since early March.

This week, yields for the benchmark 10-year Treasuries slipped as vaccinations  hit a bump and investors speculated that the recent rise in inflation will be temporary.

https://www.bloomberg.com/news/articles/2021-04-15/mortgage-rates-in-the-u-s-slide-to-the-lowest-level-in-a-month

It came out of nowhere! You can be sure that if there was an immediate reason for the PMs to fly then the cretins would be reaching for the cosh!

There’s joy in Mudville today!

Hopefully we’re finally seeing the breakout we need today.

Think we need the 10 yr. to keep falling.

Been waiting for a day like this for months.

edit: Heavy Volume across the board in the shares

Now that everybody knows that rates have been rising since August, and the US dollar was rising, but quietly lately the Dollar and the 10 year Interest rates have been dropping all thru April, and maybe finally kicking in. Plus the indices are all up giving a tailwind

Dollar falling: https://schrts.co/XFTkyPuF

10 Year Bond yield 1.56% falling: https://schrts.co/IvrKGSfN

Biden Targets Russian Sovereign Debt, Expels 10 Diplomats, In Sweeping Sanctions Action

https://www.zerohedge.com/geopolitical/us-slap-russia-new-sanctions-thursday-report

Adens came out with a slight positive on PM’s for their monthly…

As long as Au holds 1685, then decline probably over, above 1785 cnfms decline over, tgting Aug Hi’s…if they go the mkt is ‘smoking hot’.

Hui above 285 and next leg up is on……must hold 250.

Cabral Gold Drills 2.1m @ 29.4 g/t gold and Identifies a New High-Grade Zone at the MG Gold Deposit within the Cuiú Cuiú District, Brazil

https://finance.yahoo.com/news/cabral-gold-drills-2-1m-123000245.html

First Majestic (AG) Q1 Production Down Q/Q Due to Severe Weather

https://finance.yahoo.com/news/first-majestic-ag-q1-production-123512138.html

Wallbridge Mining Company Limited Announces Closing of C$20 Million Bought Deal Financing and Exercise of Over-Allotment Option

https://finance.yahoo.com/news/wallbridge-mining-company-limited-announces-124900198.html

Westhaven Drills 51.77 Metres of 4.22 g/t Gold and 46.42 g/t Silver, Including 27.85 Metres of 7.51 g/t Gold and 83.94 g/t Silver at Its Shovelnose Gold Property

https://finance.yahoo.com/news/westhaven-drills-51-77-metres-131000264.html

New Gold Announces 14.9% Investment in Talisker Resources

https://finance.yahoo.com/news/gold-announces-14-9-investment-132800200.html

Serbia has ordered China’s Zijin Mining Group to halt work at a shaft at the country’s only copper mine and to complete a wastewater treatment plant after it failed to comply with environmental standards, the mining and energy minister said on Wednesday.

Zijin became Serbia’s strategic partner in the RTB Bor copper complex which includes the Jama mine, pledging to invest $1.26 billion in return for a 63% stake.

SIGN UP FOR THE COPPER DIGEST

Minister Zorana Mihajlovic said authorities in late March ordered Zijin’s Serbia-based unit to halt work on its Jama copper mining shaft.

“The state has … responded to the complaints of citizens living in the vicinity of the Jama mine,” Mihajlovic said in a statement.

In a statement later on Wednesday, Zijin’s unit in Serbia said it had halted construction of ventilation shafts for the Jama mine located in the town of Bor, as ordered by authorities, after residents complained about noise levels.

“The exploitation of copper in the Jama mine is ongoing, deep under ground,” it said.

Mihajlovic said the Zijin unit had also been ordered to urgently complete a waste water treatment plant and stop polluting the River Pek, a tributary of the Danube.

Serbia halts Zijin mine over environmental breaches

If we’re going to have a chance to get thru $1750 this might be it – especially if the USD helps out a little.

Democrats to unveil bill to expand U.S. Supreme Court by four justices

April 14 (Reuters) – Congressional Democrats plan to introduce legislation on Thursday to expand the U.S. Supreme Court by four justices, a proposal aimed at breaking the conservative grip on the court that promises to draw fierce opposition from Republicans.

Senator Ed Markey and House of Representatives members Jerrold Nadler, Hank Johnson and Mondaire Jones have scheduled a news conference for Thursday to announce the introduction of the legislation in both chambers. The measure would expand the number of justices from the current nine to 13, according to a copy of the Senate bill reviewed by Reuters.

President Joe Biden announced last Friday the formation of a bipartisan commission to study potential Supreme Court changes including expansion or imposing term limits on the justices instead of the current lifetime appointments.

https://news.trust.org/item/20210414235420-d6xaq

Wesdome Announces 2021 First Quarter Production of 22,564 Ounces of Gold Produced

https://finance.yahoo.com/news/wesdome-announces-2021-first-quarter-113000147.html

Gold Standard Ventures Provides Exploration and Management Update

https://finance.yahoo.com/news/gold-standard-ventures-provides-exploration-120000395.html

SilverCrest Announces High-Grade Drill Results on Multiple Veins in the Babicanora Area

https://finance.yahoo.com/news/silvercrest-announces-high-grade-drill-110000928.html

i-80 Gold Completes the Acquisition of the Getchell Project in Nevada

https://finance.yahoo.com/news/80-gold-completes-acquisition-getchell-100000984.html

Orvana Announces 2nd Quarter Production of 14,197 AuEq Oz & Provides Exploration Update

https://ceo.ca/@newswire/orvana-announces-2nd-quarter-production-of-14197-aueq-217fd

Excellon Announces Q1 Production Results

https://ceo.ca/@newswire/excellon-announces-q1-production-results

Go figure…

10 yr. easing up a bit. USD flat.

At some point we have to break up or back down toward $1680

Maybe the HUI will let us know what’s next.

CN…the “Crooked Noodle” celebrates it’s
25th anniversary of privatization.
https://railpictures.net/photo/754510/

https://ceo.ca/@newswire/reconafricas-first-of-three-wells-confirms-a-working

Simon sent out emails yesterday just got time to watch most of it.
He preparing people for a Bitcoin crash.
To get in a position they don’t need to sell their Bitcoin after the fall. Basically if they need money to live sell now plus to cover taxes so they don’t have to sell all of it at the lows when they should be buying and hold the rest. Good info for newbies.

People have been refying their houses that went up in value and with it the taxes went up that will likely take the money they got in the Refi and then some if they plan on staying.

Right.  Why would they try to shut it down  give up a tax opportunity. Cryptos are a great diversion imo. We don’t needs tons of unspent excess useless paper money flowing into important commodities, metals, food or fuel etc. Its bad enough some goes into real estate in some places. Then the assessed value goes up, and the idiots raise the property taxes. Then all the cops and teachers want a raise to cover the taxes. I’m amazed things are going this good. Funny in some places R/E prices are dropping, I doubt they lower the property tax.

Yes it is growing. People say including Armstrong that the government will shut it down. Why would the give up a tax opportunity. If anything they’ll try to copy it. They tried to shut it down I’m China and it grew bigger went way up in other places instead.