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

One more thing about SMR

Posted by Buygold @ 11:07 on August 1, 2022  

It will not make money for years, similar to a lot of other green energy type companies. The fact that the DOE has ponied up to assist with their development is key.

Make no mistake though, the DOE is just as corrupt as all the other Gov’t. entities especially when picking winners.

This morning I saw a commercial for Dolly Varden on TV. DV.V

Posted by ipso facto @ 10:45 on August 1, 2022  

Kind of a rare thing for an individual miner especially a junior to advertise like that.

If you can’t put your hands on it … you don’t own it.

Posted by ipso facto @ 10:41 on August 1, 2022  

London’s High Court rules against Venezuela’s Maduro in $1 billion gold battle

London’s High Court rules against Venezuela’s Maduro in $1 billion gold battle

You guys remember when gold and silver responded well to a weaker USD?

Posted by Buygold @ 10:28 on August 1, 2022  

Me either.

Alright, took a stab at NEM

Posted by Buygold @ 10:18 on August 1, 2022  

RSI is 19. Not sure I’ve never seen an RSI that low. Double bottom here or preparing for another big leg down.

Should get a bounce at some point hopefully before any legs down.

Nice reversal in the SM. I should have bought tech…

BUYGOLD—Yup!! this kind of action is bearish…

Posted by Richard640 @ 10:15 on August 1, 2022  

U.S. Census Data Reveals the Most Miserable Cities In America

Posted by ipso facto @ 10:14 on August 1, 2022  

https://www.history-a2z.com/u-s-census-data-reveals-the-50-most-miserable-cities-in-america/?utm_medium=twitter&utm_source=788&utm_campaign=hx8c5&utm_term=none&utm_content=%5B788%5Dgallery%40miserable_cities_lt2tw_060622%40liort%2C10.0cn%5B220606172249851x0%5D&twclid=23cpqnguuqb5v4lrafio63te7l

R640

Posted by Buygold @ 9:58 on August 1, 2022  

Agree, it is. The pm shares need much higher prices, above $1900 at least.

Hate the way the shares are acting. When they go sideways to the upside this way, they almost always resolve to the downside.

I think you can safely short the shares if you’ve covered your other positions.

PMs need Geritol….

Posted by Richard640 @ 9:45 on August 1, 2022  
9:44 am–G&S have no oomph!  The $ index is down .439 and most PM stocks are red
 
PMs are a broken asset category….
 

https://futures.tradingcharts.com/marketquotes/DX.html

Here come the SM – Nasdaq

Posted by Buygold @ 9:43 on August 1, 2022  

should like a weaker USD and bonds rallying.

So should we…

Maya

Posted by ipso facto @ 9:36 on August 1, 2022  

I have heard that Eucalyptus is very poor firewood, not because it doesn’t burn like crazy but because it leaves lots of oils and resins in your chimney and makes you susceptible to chimney fires. I imagine that the people who are building the Eucalyptus wood burning power plant have the technology to surmount this problem.

I love the smell of Eucalyptus … takes me back to my missspent youth!

NEM

Posted by Buygold @ 9:33 on August 1, 2022  

Scum has that under control yet again. They’re not going to let pm’s be the only up sector. Palladium getting a nce bounce.

Jobs report week. Could get volatile, hoping for a big miss.

Wow, oil is getting hammered.

GROY having a good start today. Ororeef, there’s one of your royalties stocks.

USD reverses again

Posted by Buygold @ 9:17 on August 1, 2022  

this time with a little bit of authority – almost back down .5%. Rates flat.

We’re still getting cheated, especially in silver.

Posted by ipso facto @ 8:51 on August 1, 2022  

Moneta Gold Announces Upsize to Previously Announced Bought Deal Financing

https://finance.yahoo.com/news/moneta-gold-announces-upsize-previously-164400331.html

Rupert Resources Reports Results for 3 Months Ending May 31, 2022

https://finance.yahoo.com/news/rupert-resources-reports-results-3-174600597.html

Pasofino Gold Announces Filing of Its Feasibility Study and Confirmation of Satisfaction of the Option Exercise Conditions to Acquire Its Interest in the Dugbe Gold Project

https://ceo.ca/@newsfile/pasofino-gold-announces-filing-of-its-feasibility-study

Millrock Reports Drilling News From the Treasure Creek Gold Exploration Project, Fairbanks, Alaska

https://ceo.ca/@globenewswire/millrock-reports-drilling-news-from-the-treasure-creek

SolGold PLC Announces Updated Share Capital and Voting Rights

https://ceo.ca/@accesswire/solgold-plc-announces-updated-share-capital-and-voting

USD surging

Posted by Buygold @ 8:35 on August 1, 2022  

all the way back plus a few bps, pretty volatile…

Got some fireworks, just not in the right direction.

SMR

Posted by Buygold @ 8:15 on August 1, 2022  

SMR is a nuclear company called NuScale. It is in the business of small modular reactors. The company I just retired from has done some stuff for them and will be the likely site for some sort of final assembly.

These small modular reactors are the future of clean energy, the micro reactors even more so.

I have a small position and it has spiked the last couple of weeks. I like them because Fluor is a majority owner of the company, and they are the ONLY company to have received government funding thus far. There are numerous companies that are trying to get funding but only NuScale actually has it. They are the frontrunner.

I’m looking at this as a hold for the next ten years and just hoping I’m early enough to do well before they even commission the first reactor, which is sometime around 2030.

Hoping to see some upside fireworks when the Crimex opens.

Goldcountry

Posted by goldielocks @ 7:03 on August 1, 2022  

Are you still out there? I remember you saying that you moved farther up north after the fire destroyed your home.
Now way up north is burning. I hope there not following you. Jokes aside hope your alright. Heard there fast moving and there not even taking chances in some areas and evacuating. With all that aluminum and other flammable’s there spraying no doubt. Still all the wildlife being trapped in that.

Buygold

Posted by goldielocks @ 6:55 on August 1, 2022  

Maybe the attack on the Goldilocks economy with interest rates is wearing off in holding down the PM sector with the inability of the Fed to stop WH printing press and other economic disasters they’ll think up,

Premarket look, what’s not to like?

Posted by Buygold @ 6:39 on August 1, 2022  

USD down almost .5%, Rates flat.

Metals holding a little bid, shares too. Long day ahead, we’ll see what happens.

Would love to see us catch a serious bid as the day rolls on.

Pelosi’s private air defenses

Posted by Maya @ 0:43 on August 1, 2022  

 

Gold Train

Posted by Maya @ 0:22 on August 1, 2022  

The southern Crescent
https://railpictures.net/photo/797336/

 

ipso facto @ 16:44 – Hawaii Coal

Posted by Maya @ 0:13 on August 1, 2022  

I didn’t even know Hawaii had a coal power plant!  At 16% total, that is a ‘peaking plant’ at the Kapolei industrial area.  They also have a rubbish burning plant, and a Nat. Gas peaking plant there.  The REAL power for Honolulu and Oahu island is two large oil-fired plants.   But thankfully, I’m not on that over crowded island any more.

Here on the Big Island oil is also the mainstay, but they are trying to get approval for a wood burning plant to burn the huge eucalyptus pole tree forests planted up north to fuel that.  We have geothermal from the volcano that supplies about 20% of the island needs, and we even have a small hydro plant on the Wailuku river in Hilo that provides a few percent.   Last year when we had Russian oil, my electricity was around $0.37/kwh.   Now we have to get more expensive oil from indonesia.  Last month my bill was at $0.5625/kwh.  Been going up every month.  Makes my leased solar PV system a real bargain now!

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