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

up 65% in the last few days.  closed today on HOD.  fireworks tomorrow?

yeah, that makes sense. So they are looking for $450 million build out their discovery. Those drill holes better hold up! 🙂

Crap, I didn’t see that it moved up 25% today!

So far so good …

Now as long as the drill holes say what the SP thinks they are!

Didn’t get a chance to watch today, hopefully that’s one that takes off!

I guess rates came back up killed our little rally a bit. Silver sure had an interesting day, I think when we get $2+ moves we’ll find out who has no clothes.

We’ll see what happens when the CPI comes out in the morning.

https://twitter.com/WallStreetSilv/status/1569307337562722304

BREAKING:

Deputies in 18 districts of Moscow and St Petersburg have signed a statement demanding that Putin resign.

"President Putin's actions are detrimental to the future of Russia and its citizens."#Putin #UkraineRussianWar #Russia pic.twitter.com/JtB4mmq9xB

— WhereisRussiaToday (@WhereisRussia) September 12, 2022

https://finance.yahoo.com/news/equinox-gold-resumes-operations-los-110000623.html

https://finance.yahoo.com/news/puregold-announces-record-gold-production-103000540.html

Azimut Announces a Reduction in Outstanding Shares by 3.5% with the Closing of the Eleonore South Sale Transaction

https://finance.yahoo.com/news/azimut-announces-reduction-outstanding-shares-171500907.html

Fortuna extends gold mineralization at Sunbird and identifies new regional prospects at Séguéla, Côte d´Ivoire

https://finance.yahoo.com/news/fortuna-extends-gold-mineralization-sunbird-090000720.html

Integra Announces 11,000 m Drill Program on 60 Million Tonnes of Low-Grade Gold-Silver Mineralized Stockpiles From Previous Operators, Potential to Increase Mine Life and Expand Production

https://finance.yahoo.com/news/integra-announces-11-000-m-103000387.html

Yamana Gold Announces the Completion of Technical Reports on Minera Florida, Cerro Moro, Wasamac, and MARA Which Add to the Previously Filed Reports on Core Material Assets Including Canadian Malartic, Jacobina and El Peñón and Completes the Filing of Technical Reports on All of the Company’s Major Mines and Projects

https://finance.yahoo.com/news/yamana-gold-announces-completion-technical-120300873.html

GR Silver Mining Announces Infill Drilling Results at Plomosas Mine Area – 5.7 m at 514 g/t Ag, including 1.0 m at 1,634 g/t Ag

https://finance.yahoo.com/news/gr-silver-mining-announces-infill-101500505.html

HighGold Mining Intersects 21.7 g/t Gold over 11.9 Meters at DC Prospect, Johnson Tract Project, Alaska

https://finance.yahoo.com/news/highgold-mining-intersects-21-7-103000943.html

C2C Reports 120 g/t Gold From Dunnage Property Sampling Program, Northern Newfoundland

https://finance.yahoo.com/news/c2c-reports-120-g-t-110000116.html

Fury Gold and Newmont Complete Consolidation of Joint Venture Interests and Define Nine Targets at Éléonore South Gold Project

https://finance.yahoo.com/news/fury-gold-newmont-complete-consolidation-110000296.html

Goliath Drills 51.6 Meters* of Sulphide Mineralization Including Massive Galena in Quartz Veining and Breccia Expanding the Surebet Zone Discovery, Golden Triangle, B.C.

https://finance.yahoo.com/news/goliath-drills-51-6-meters-114500742.html

VIZSLA SILVER EXPANDS COPALA WITH MORE BONANZA-GRADE SILVER

https://finance.yahoo.com/news/vizsla-silver-expands-copala-more-120000187.html

Liberty Gold Announces new BLM Plan of Operations, USFS Notice of Intent and the Purchase of Private Mineral Rights at its Black Pine Oxide Gold Project, Idaho

https://finance.yahoo.com/news/liberty-gold-announces-blm-plan-100000604.html

Caribou Silver Copper Project Acquired by Norseman Silver

https://ceo.ca/@thenewswire/caribou-silver-copper-project-acquired-by-norseman

CopAur Minerals Provides Overview of Historical High-Grade Gold Drill Intercepts at Kinsley Mountain Gold Project

https://ceo.ca/@newsfile/copaur-minerals-provides-overview-of-historical-high-grade

Vista Gold Corp. Provides Update on Strategic Process

https://ceo.ca/@businesswire/vista-gold-corp-provides-update-on-strategic-process

Orogen Royalties and Altius Minerals Form Nevada Generative Alliance and Announce Acquisition of the Cuprite Epithermal Gold Project

https://ceo.ca/@accesswire/orogen-royalties-and-altius-minerals-form-nevada-generative

Seabridge Gold Receives Class 4 Exploration Permit for Its 3 Aces Project Drilling Now Underway at the Hearts Zone

https://ceo.ca/@newsfile/seabridge-gold-receives-class-4-exploration-permit

C3 Metals Intersects 309.0 Metres at 0.44% Copper and 0.33 g/t Gold in First Assays from Bellas Gate Project, Jamaica

https://ceo.ca/@newsfile/c3-metals-intersects-3090-metres-at-044-copper-and

Marathon Gold Provides Berry Infill Drill Results

https://ceo.ca/@globenewswire/marathon-gold-provides-berry-infill-drill-results

Revival Gold Intersects 6.2 g/t Gold Over 14.2 Meters Within 3.6 g/t Gold Over 51.5 Meters at Beartrack-Arnett

https://ceo.ca/@globenewswire/revival-gold-intersects-62-gt-gold-over-142-meters

Orezone Pours First Gold at the Bomboré Mine

https://ceo.ca/@globenewswire/orezone-pours-first-gold-at-the-bombor-mine

Omai Gold Drills 2.27 g/t Au over 33.9m, 6.28 g/t over 7.3m, and 1.92 g/t over 20.3m at Wenot; Updated NI43-101 Resource Study Underway

https://ceo.ca/@newsfile/omai-gold-drills-227-gt-au-over-339m-628-gt-over

Tier One Silver Commences CSAMT at Curibaya to Refine Copper Porphyry Targets

https://ceo.ca/@accesswire/tier-one-silver-commences-csamt-at-curibaya-to-refine

Crypto’s and pm’s really outperforming this am as the USD and Rates slide a bit.

As usual, we’re having our little battle at any and all round numbers.

R640 – I think that raging inflation is going to end up being deflationary, but if the USD starts to fall in earnest that might keep inflation going for awhile, meanwhile demand is crashing and layoffs are coming.

Looks like we may have just won that battle at $1740. Expect the same at $1750.

Credit Bubble Bulletin

There are powerful inflationary biases percolating throughout the economy – unlike anything experienced in decades. Importantly, securities markets no longer completely dominate and dictate system financial conditions. Lending and bank Credit have become powerful drivers of Credit growth, along with ongoing deficit spending and the expansionary GSEs.  

While it’s mum’s the word when it comes to Credit growth, Fed officials undoubtedly know the numbers. They must also know that inflation will not be moving back to their 2% target until they orchestrate a marked Credit slowdown (with myriad negative consequences). They’ve been forced to abandon the notion that tinkering with market financial conditions would do the trick. Now, it’s press ahead with a major tightening cycle until something works. And between the Z.1 and recent speculative market dynamics, there is certainly no reason to backtrack from the “they’ll hike until something breaks” thesis. 

looks like we could have a good day, USD getting smashed again down almost 1%

Silver up 2.23%

Still a lot of time before the markets open, but surely on the right track for now.

If they use sugar they better stock up including toilet paper. Now farms being attacked by these lunatics. This could be a outright depression. They don’t need to go to war to trash the country and good.
Where are they going to get there green cars and solar from since they can’t make them there? China??? Even if they did who’s going to buy them? You will own nothing!! How’s this going to curb inflation when they’ll destroy their euro and hyper inflate basic food and supply’s.

By Joe Wallace, David Uberti, Georgi Kantchev and William Boston
Russian gasEuropean industry thrived for decades on a steady supply of cheap Russian gas, which flowed uninterrupted throughout the Cold War and other times of tension between Moscow and the West.invading UkraineSince weaponizedinvading Ukraine, Russian President Vladimir Putin has turned off the tapsweaponized the country’s vast stores of energy to undermine support for Kyiv. He Nord Streamturned off the taps to the biggest natural-gas pipeline, Nord Stream, completely this month. brink of recessionThe impact has pushed Europe to the brink of recession and threatens to inflict lasting harm on its manufacturing businesses. Unlike the U.S., Europe leaned on manufacturing and heavy industry to keep its economy chugging in recent decades. A bigger chunk of its economy comes from the likes of steelmakers, chemicals producers and car makers.energy crisisEurope’s energy crisis has left few businesses untouched, from steel and aluminum to cars, glass, ceramics, sugar and toilet-paper makers. Some industries, such as the energy-intensive metals sector, are shutting factories that analysts and executives say might never reopen, imperiling thousands of jobs.The question is whether the current pain is temporary, or marks the start of a new era of deindustrialization in Europe. The bloc has scoured the world for alternative gas supplies, striking deals to buy gas from the U.S., Qatar and elsewhere. But the continent might never again have access to the cheap Russian gas that helped it compete with the resource-rich U.S. and offset high labor costs, rigid employment rules and stringent environmental regulations.In the city of Žiar nad Hronom, Slovakia, built around a 70-year-old aluminum factory that supplies car-part makers across the continent, some fear for their financial future. ‘This is probably the end of metal production in Europe,’ said Milan Veselý, who has worked at Slovalco, majority owned by Norway’s Norsk Hydro ASA, all his adult life, following in his parents’ footsteps.Slovalco is among the companies hit by volatility in electricity prices across Europe caused by low Russian supplies of power-generating gas. For years the factory was by far the biggest buyer of power in Slovakia, consuming 9% of the country’s electricity, most of it from nuclear energy. Before energy prices started rising last year, Slovalco paid about €45 (about $45) for each megawatt-hour of power. In 2022 so far it has paid €75, in a deal locked in last year. In late August, prices hit €1,000 across Europe.Slovalco didn’t renew its power contract for 2023, which would have cost €2.5 billion euros at the recent peak in power markets. Mr. Veselý, the plant’s manager, is winding down primary-metals production, leaving a small recycling operation. He is also dismissing 300 of 450 workers. ‘The volatility of the price of electricity these days—it’s crazy,’ he said. ‘This is the way we are actually killing industry.’Factory curtailments and closures have saved fuel in Europe’s quest to reduce demand. Along with the hunt for non-Russian supplies, that’s enabled the European Union to sock away enough gas to fill over 80% of its storage capacity, probably enough to get to spring without government-enforced quotas even if Mr. Putin cuts supplies to zero, analysts say.The judgment most governments have made is that slowing and shutting factories now is preferable to cutting off power to hospitals and schools over winter. Europe consumed 10% less gas than the average for the time of year in August, according to commodities-data firm ICIS. The EU is aiming for demand reductions of 15%.The factory closures come at a ruinous cost. Companies in energy-intensive industries say they face going bust this winter without government support. Complex supply chains in sectors such as the auto and food industries are getting gummed up, adding to inflationary pressures just as pandemic snarl-ups show signs of easing.Norwegian fertilizer giant Yara International ASA, which uses gas as an ingredient, has cut crop-boosting ammonia production by 65% across its European factories. ‘We think about things we wouldn’t dare to think about a year ago,’ said Michael Schlaug, general director of Yara’s Sluiskil facility in the Netherlands, which stopped the second of three ammonia plants in late August. Engineers are rejigging machinery to accommodate imported ammonia with higher water content as the facility turns to shipments from the U.S., Trinidad and elsewhere to replace products it previously made.Dutch fertilizer company OCI NV is importing more ammonia through Rotterdam. It plans to triple its capacity at the port by next year and is expanding its Beaumont, Texas, facility to produce ammonia that can be transported to Europe and Asia.’It really tips the scales in the U.S.’s favor,’ Chief Executive Ahmed El-Hoshy said of energy costs.A reduction of Europe’s industrial capacity would deepen the reliance on materials and parts made overseas at a time when governments are striving to bring supply chains for renewable energy, electric vehicles and military arms closer to home. Metals producers, which require significant power to break down and form chemical bonds, are at the front of the crisis. Electricity prices have more than doubled this year, propelled by high gas prices, trouble in France’s nuclear fleet of power plants and low hydropower generation.ArcelorMittal SA, one of the world’s largest steelmakers, will close a blast furnace in Bremen and a so-called direct reduction plant in Hamburg that produces sponge iron, used to create crude steel. In Germany, ArcelorMittal had already reduced gas demand by about 40%, compared with what it planned to consume at the start of the year.’We have never had such upheavals in the energy prices,’ said Reiner Blaschek, chief executive of the company’s German business. ‘Everything that is associated with enormous volatility in the short term is for us as a commercial enterprise, to put it mildly, pure poison.”You have to reinvent the whole energy supply chain on the go,’ Mr. Blaschek added.ArcelorMittal Germany has been buying sponge iron externally from the U.S. instead of making it locally using gas. Zinc stockpiles have almost run out in the EU, leading customers to import metal from China, according to metals industry lobby group Eurométaux. Analysts say European output of primary aluminum is dying out, leaving the continent with recycling operations that produce metal suitable for industries such as packaging, but not for wheel hubs, brakes or parts for airplanes.Aluminum smelters are finding themselves not able to renew their power contracts. Companies need 15 megawatt-hours of power to produce a metric ton of primary aluminum, costing €9,000 at recent electricity prices, while a metric ton can be sold for less than €2,500, according to Germany’s metal association, WV Metalle.’We need immediate emergency aid now, otherwise we are threatened with deindustrialization in Germany,’ said Franziska Erdle, WV Metalle’s general manager.Alcoa Corp.’s San Ciprián aluminum plant in Spain, Glencore PLC’s Portovesme zinc smelter in Italy and Trafigura Group’s zinc factories in the Netherlands, France and Belgium have curbed or closed production. Half of the EU’s aluminum and zinc capacity is offline, on top of curtailments in silicon and alloys of iron, Eurométaux said in a letter to EU officials this month.Tom Price, head of commodities strategy at Liberum, likens the shock to the surge in energy prices that killed off Japan’s aluminum industry in the 1970s. ‘This is such a severe event and Europe’s industrial base has become very heavily dependent on Russia for cheap energy inputs,’ he said. ‘It may not be able to come back.’Lower output from Europe’s factories threatens to cascade through supply chains. Auto makers have been hit both in their own dependence on gas for power and heat and indirectly through supply issues. Volkswagen AG said it has been stockpiling glass products, such as windows and windshields, fearing a shortage of gas could hit glassmakers.A spokeswoman for Safran SA, a French maker of aircraft engines and defense-related equipment, said a fragile supply chain had limited the company’s ability to raise production. So far it has been able to buy metal from existing suppliers but the company is monitoring the situation, she added.In food production, sugar factories are powered by natural gas. Germany’s federal competition authority said this month the country’s four producers would be allowed to cooperate if supplies are cut off, for example by making capacity available to each other. If the sugar plants stop, large parts of the beet harvest would likely rot and prices would rise for consumers already dealing with food inflation.The companies are racing to find alternative energy supplies to maintain the sugar output. Securing them is difficult because it requires new logistics and storage facilities, said Südzucker AG, one of the four companies.Some factories, such as zinc manufacturers, can restart quickly when the economics add up again. For others, including glass and aluminum makers, reopening is a lengthy and expensive process that may never make financial sense.Even toilet-paper makers are feeling the crunch. Hakle GmbH, a German toilet-paper and hygiene-product maker this month declared itself insolvent and sought protection from creditors because it could no longer raise prices enough to offset higher paper costs due to energy prices.At Slovalco in Slovakia, Mr. Veselý sold the electricity the company had bought for the rest of the year, netting €160 million to spend on taxes and a possible restart in the future. Operators set about disconnecting podlike metal cells that turn white alumina powder into molten aluminum in the vast hall that is the factory’s nerve center. The hangar is also the factory’s biggest vulnerability, because the cells depend on a 285,000-amp current. Ten of the 226 cells remain in action, but are due to wind down by the end of the year. Firing the factory up again would require replacing their electrical connections—a process that would take a year and cost up to €90 million, Mr. Veselý said.’Everyone is concerned,’ said Tomáš Chrien, who has worked at Slovalco since 1993 and is an operator in the building next door, where molten aluminum is fashioned into solid cylinders. Marián Hárezník, a processes expert, said the job brings a good, stable salary and a sense of camaraderie. ‘No one expected we would be in a situation like this—ever,’ he said.Municipal official Martin Baláž said his big worry is the 2,500 jobs at companies that supply and service Slovalco. At one local firm, Remeslo Strojal, s.r.o., 50 employees whose job was to maintain the factory’s cells are looking for new work, he added.Branislav Strýček, chief executive of utility Slovenské Elektrárne, A.S., which supplied power to Slovalco, worries many more Slovak firms will shut down because he estimates more than half haven’t procured power for 2023. ‘These electricity prices are sick,’ he said, adding that he is in the odd position of running a utility and wanting the government and EU to take measures to limit prices. ‘Your customers will not survive so you’ll have no one to deliver [to].’Joe.Wallace@wsj.comWrite to Joe Wallace at david.uberti@wsj.com Joe.Wallace@wsj.com, David Uberti at

People have their own preference on what it is there looking at as far as research goes. Some till they get burnt anyways listen to profits selling books others may listen to some of what they say. Some only look locally not globally.
Some just look at charts. Some it’s fundamentals and their balance sheets. Others who probably do better do both.
Jesus once said there will be false profits, saying here’s the way or there’s the way but don’t go.
Right now Im averaging 25-27 per share a year on dividends and will look at this downturn to buy more shares and some out of the country case things get shaky here.
Anything else is just a charting hobby.
I do watch Greg once in awhile but in that one he didn’t seem interested much as hard as the poor guy was tolerating his constant interruptions trying to get back on track. Did he sell a book at the end of it?
Ps I’m guessing if you added them all up then add up every prediction and see how they differ. But to be open minded you have to be careful purposely seeking out those who you only agree with even though the charts, fundamentals, financial sheets, sector, economy might differ. Sometimes you can just get too much information.

I know why I would bother doing that!  If I am interested in something I try to look at all I can find, both positive and negative, on that subject, so when I make a decision on that subject I Know my decision is based on my own thorough research and most likely to be the right decision. If I turn out to have been wrong in my decision I have no one to blame but myself.

By the way, has anyone heard from Mr Copper? It seems kind of out of character for him to be missing for so long.