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

Morning Goldie

Posted by Buygold @ 7:35 on March 8, 2022  

Not sure why I can’t find stocks like JJN that make those sort of moves – impressive.

Didn’t expect gold and especially silver would recover from the overnight lows but apparently, they have, and with some gusto as gold got to $2025, silver smashing through $26.

The shares look a little tired to me so we’ll see if we can get them moving. This has been the quietest move to $2K, financial TV has mentioned virtually nothing, which is probably a good thing.

The USD is taking a breather finally. They’ll try to squeeze some shorts in the SM but I don’t think they’ll do it.

Just saw that rates are screaming higher – 10 yr. up 9 bps and pm’s are still higher. Right now it appears gold is teflon and is correlated to nothing.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.