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

Yes agreed I like EXK, it’s a good performer with higher silver. So many miners look great but we can’t buy them all.

Our time is at hand.

I read that article and Zoltan’s comments.

He is one smart dude from what I can tell.

Even though the bankers are still fighting tooth and nail on Comex to keep PMs down.

Answer: Record physical demand.

See here

This will soon bring in delivery failures, which will light the metals on fire like never before.

As I have said for some 20 years now, the only way the little people are going to get rid of these tyrants is to buy up all the physical, removing them of their power with the re-introduction of commodity money.

Well it’s happening right now.

See here

Buy gold and silver ladies and gents as your future literally depends on it (by stripping the tyrants of their free money machine better known as fiat currency).

They won’t be able to paper over the PM markets anymore and they won’t be able to buy off all the parasites either.

A better world is coming.

God is here.

Cheers all

The Endeavor is in incredible condition! I guess not much worms and wood feeders in Antarctic seas.

Some years back I read a book on Shackleton’s adventure. Absolutely amazing!

When silver flies EXK will be among the first to benefit!

Yo lo tengo

You bet. HighGold had some monster drill results a while back, the shares shot up and have now come back. Glad you made some bucks! I’m going to hang on to it for a while.

This is a speculation play and a person may get bitten!

I heard this morning on the news their going after anything Russia in the market next, in the Us market maybe Europe including ETf holdings. They want to withdraw them but still working on it. So you have anything with them involved it could hurt the stock which isn’t fair to global holders. One I think is BP and probably why last checked anyways wasn’t moving like the others.

You have some good ones too. Since I haven’t been trading wasn’t pre positioned I’m looking mainly for the forming cup and handles or accumulation patterns for position trades.
I saw HL bounce a few days ago and could probably go to near 10 or so maybe.

Sounds like you had a good couple of days
I might take a look at couple if stocks you and Ipso mentioned.
The pal’s tend to start topping in spring from what I remember but this isn’t a normal market so who knows I’ll be trying to stay away from day trades to swing or position because trading on the phone plus it adds up and tax time is a night mare.

I remember Oil went from $2/bbl in 1970 to $42/bbl spike around 1981. The high spike average for March ’81 was $35/bbl, 1981 Dollars. If you adjust for inflation in todays dollars, a lot of things are 20 times more. So to be kind if you figure 10 times more, $35 times 10 is $350/bbl as the next all time spike high. Gasoline I think went .25 cents to $1.30 in around 1980. $1.30 times 10 is $13/gallon gasoline for the new high.

The recent spike oil average for June 2008 $128/bbl, but $145 was a intraday high. So that was 14 years ago. No time now to figure the true inflation for 14 years (probably 7%/yr) so as a shear guess, the $145 doubled is $290/bbl if the next spike high is tomorrow. If it takes a few more years??? For the next all time high? $350/bbl or more?

Naturally if business activity around the world implodes like 1929, and we get a massive deflation, US Dollar GAINING value, maybe we see $2/bbl and .15 cent gasoline. And $5,000 to $10,000 houses again. And a .10 cent loaf of bread cup of coffee and a 2 cent stamp. Probably coincide with a new gold silver backed currency.

This entire system is so bastardized it has to be recycled, thrown out, and start over start a new game like 1934 gold confiscation and 1937’s now Minimum Wage and Maximum hours act.

Also keep in mind those projected highs are what it was costing us. Thats why so many people moved south and everybody was buying Diesel Rabbits. But we were highly paid back then with one worker households, and affordable 18% mortgages. I believe the average salary was $5,000 to $10,000/year. Times 15? $75000 to $150,000 today, but times 20 makes more sense. So avg $7500 times 20 $150,000 for one worker household, if they live very frugally.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=f000000__3&f=m

Gold: “A crisis is unfolding. A crisis of commodities”- Zoltan Pozsar

BY VBL

They’ll probably close us below $2K

Still great to see the shares outperform the metals.

An amazing piece of history found! About 6 minutes FWIW!

ERNEST SHACKLETON’S ENDURANCE SHIP FOUND IN ANTARCTICA AFTER 107 YEARS

I picked up some HOGGF and it made me money right off the bat.

Can you do that again tomorrow? and the next day and the next day. 🙂

Thats one of my best long term Silver holds always adding to it, up to 6400.  Naturally I have HL and CDE. For gold I have SAND royalty plus DRD IAG, AGI plus others.

I’ve been waiting for a dip since Feb 1st, it caught my attention, and it just doesn’t want drop. So today I read up on it sounds like it has a lot going for it. I’ll probably have tip toe into it, being so high, like I should have last month.

https://finviz.com/quote.ashx?t=AMR

part:

“Thanks to the continued dedication of our team, Alpha closed out the fourth quarter with an impressive $315.8 million in EBITDA and continued significant reduction in our long-term debt level,” said David Stetson, Alpha’s chair and chief executive officer. “In looking back on 2021, it was truly a transformational time for the company, complete with a name change to Alpha Metallurgical Resources at the start of the year and a series of important steps in solidifying our role as a leading pure-play metallurgical coal company and building on our role as the largest U.S. met coal producer. We transitioned our portfolio towards lower-cost and higher-quality operations, refreshed our board of directors, and completed refinancing of our ABL. Importantly, we are also making swift work of our balance sheet transformation. In a few short months we dramatically reduced the company’s long-term debt and legacy liabilities, further strengthening the already firm foundation that Alpha enjoys. We have continued this momentum with an excellent start in 2022 and, if coal markets remain robust, we expect to be in a position to eliminate our long-term debt within the calendar year. Given our cash generation projections for the year, I’m pleased to announce that our board has approved a $150 million share repurchase program to continue increasing shareholder value.”

https://finance.yahoo.com/news/alpha-announces-fourth-quarter-full-123000989.html

Thanks for the tip on HGGOF

Looks like it’s about to break the 50 dma

netdania

crude oil (wti)

four hour chart

is oil forming a wicked head and shoulders top?  if so, look out below,

Having a great day today.

I don’t remember what the highs we’re, but I know that during that short squeeze in Feb 2021, it got up to 24. No reason it can’t go back there.

I sold all my positions in pm shares a couple of days ago in my trading account, and am legging back in. Doubled my position in GROY. I’ve seen it bounce off the $3.70 area at least 4 or 5 times. Hoping that continues. Also bought some FCX this am and trying to flip some PALL and PPLT. PPLT was probably the better buy, but PALL is just volatile enough to scrape a couple of bucks out of it.

The scum has been trying to keep gold under $2K but I don’t think they’ll be able to do it.

https://ceo.ca/@nasdaq/endeavour-silver-announces-strong-year-end-2021-financial

Fast flipping
I picked up a little AG hopefully to go long for awhile.

Biden Will Cancel $6.2 Billion Of Student Loans https://t.co/PihHbQ0W9M pic.twitter.com/E8DRNuPJz4

— Forbes (@Forbes) March 9, 2022