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

The EU is a basket case….always has been…..the UK is the same now…over regulated , with huge employment costs and massive energy costs…and what is our wonderful chancellors solution…..raise taxes…..

We need one or two more bank failures before the Fed has enough political cover to reverse course and switch pause and then emergency rate cuts.#gold #silver pic.twitter.com/VVtO0ylyuT

— Wall Street Silver (@WallStreetSilv) March 13, 2023

Bankruptcies Soar Across EU, As Companies Hit Wall At Fastest Rate Since Records Began In 2015

In the EU as a whole the number of bankruptcy declarations initiated by businesses increased substantially (26.8%) quarter-on-quarter in the fourth quarter of 2022, reaching the highest levels on record since Eurostat began collecting EU-wide bankruptcy data in 2015. The number of bankruptcy declarations increased during all four quarters of 2022. As the Eurostat graph below shows, at the current rate of business destruction it won’t be long before businesses are closing at a faster rate than they are opening.

https://www.zerohedge.com/political/bankruptcies-soar-across-eu-companies-hit-wall-fastest-rate-records-began-2015

Fortuna successful in obtaining permanent injunction for San Jose Mine EIA, Mexico

https://finance.yahoo.com/news/fortuna-successful-obtaining-permanent-injunction-090000567.html

Integra Announces Oxide Drill Results: 0.59 g/t Gold Equivalent Over 111 m and 0.67 g/t Gold Equivalent Over 50 m From DeLamar Stockpile Drill Program, 0.54 g/t Gold Equivalent Over 55 m in First Florida Mountain Backfill Drill Result

https://finance.yahoo.com/news/integra-announces-oxide-drill-results-103000527.html

Snowline Gold Announces Strategic Investment by B2Gold Through Non-Brokered Private Placement

https://finance.yahoo.com/news/snowline-gold-announces-strategic-investment-110000417.html

VIZSLA SILVER ANNOUNCES FILING OF UPDATED TECHNICAL REPORT

https://finance.yahoo.com/news/vizsla-silver-announces-filing-updated-215100559.html

McEwen Mining: 2022 Year End and Q4 Results

https://finance.yahoo.com/news/mcewen-mining-2022-end-q4-100000040.html

Allegiant Drills 15 Metres of 1.36 G/T Gold at Castle Project (Eastside) Completes Successful Winter Drilling Program

https://ceo.ca/@thenewswire/allegiant-drills-15-metres-of-136-gt-gold-at-castle

Updated Technical Report on the Happy Valley Mine infers a gold resource of 20,000 ounces

https://ceo.ca/@thenewswire/updated-technical-report-on-the-happy-valley-mine-infers

Klondike Gold Announces $3,000,000 Private Placement

https://ceo.ca/@accesswire/klondike-gold-announces-3000000-private-placement

GSP Drilling Compilation Captures Over 50,000 Metres of Historic Surface and Underground Drilling to Advance Alwin Mine Copper-Silver-Gold Project

https://ceo.ca/@thenewswire/gsp-drilling-compilation-captures-over-50000-metres

Ophir Gold Corp. Identifies New Potential Spodumene-Bearing Zone from Historical Data Compilation, Radis Lithium Property in James Bay, Quebec

https://ceo.ca/@newsfile/ophir-gold-corp-identifies-new-potential-spodumene-bearing

AbraSilver Drills Best Silver Intercept to Date at the JAC Zone, 32,481 g/t Ag over 1 Metre Within Broader Intercept of 3,025 g/t Ag over 14 Metres in Oxides

https://ceo.ca/@thenewswire/abrasilver-drills-best-silver-intercept-to-date-at

Goldshore Intersects Multiple New Parallel Shears Increasing Width of QES Zone by Over 100 meters – Including 1.33 g/t Au over 54.45m

https://ceo.ca/@newsfile/goldshore-intersects-multiple-new-parallel-shears-increasing

Eagle Plains Provides Corporate Update, Future Outlook

https://ceo.ca/@accesswire/eagle-plains-provides-corporate-update-future-outlook

OUTCROP SILVER INTERSECTS 5.89 METRES TRUE WIDTH OF 426 GRAMS EQUIVALENT SILVER PER TONNE AND 2.72 METRES TRUE WIDTH OF 445 GRAMS EQUIVALENT SILVER PER TONNE EXPANDING THE MEGAPOZO SHOOT AT SANTA ANA

https://ceo.ca/@newswire/outcrop-silver-intersects-589-metres-true-width-of

Angus Gold doubles strike length with a 450-metre step-out west of the Dorset Gold Zone, intersecting 1.4 g/t Au over 12.6 metres

https://ceo.ca/@globenewswire/angus-gold-doubles-strike-length-with-a-450-metre-step-out

Caledonia Mining Corporation Plc: Caledonia files technical report on Blanket Mine

https://ceo.ca/@globenewswire/caledonia-mining-corporation-plccaledonia-files-technical

Tocvan Provides Progress Report on Metallurgical Study and Bulk Sample. Extends Drill Permit at Pilar for Two Years

https://ceo.ca/@thenewswire/tocvan-provides-progress-report-on-metallurgical-study

Exploration Target Significantly Enhanced at Red Chris East Ridge

https://ceo.ca/@globenewswire/exploration-target-significantly-enhanced-at-red-chris

Newcrest Exploration Update – 14 March 2023

https://ceo.ca/@newsfile/newcrest-exploration-update-14-march-2023

especially the short dated treasuries, really getting hammered. 10 yr is up 2 bips, dollar is up a little, but not much.

Bitcoin up another $900

I still think we have the momentum.

I don’t know anything about wave analysis but I like this scenario best.

“If I look at the shares via GDX, on the Monthly chart, life is simpler …we see 5 Months up from the Sep Low, then 3 Months down, the down move ended on a closing basis @ the 50 % area,of the up move… both 5 and 3 are Fib No’s and 3 is a near perfect 62 % of 5, so the correction fits in terms of time and price….therefore the shares should continue on up, waves 1 and 2 have been done, of wave 1 of super wave 3…..””

CPI – in line with estimates, 0.4% vs. 0.4%

I think that’ll work for us today.

Useing gold I agree with Samb the down move is a 2nd wave….then we get to was it just the A wave and now we are in the B wave up with C down/sideways to follow…or was that all of the 2nd wave and now this up move is the 3rd wave …which means we don’t stop..

Time says either the Sep/Feb move up was 19 weeks, then we do 5 weeks down, now in 3rd week up, so have room for a C wave down’/sideways, in terms of Time …but not much, as the down wave is very unlikely to be longer than the up wave….Waht is certain, when we do go up we explode, as look how fast this up move is and if it is only a B wave, imagine how fast the 3rd wave will be…..in fact the speed/power is already suggesting this is a 3rd wave.

If I look at the shares via GDX, on the Monthly chart, life is simpler …we see 5 Months up from the Sep Low, then 3 Months down, the down move ended on a closing basis @ the 50 % area,of the up move… both 5 and 3 are Fib No’s and 3 is a near perfect 62 % of 5, so the correction fits in terms of time and price….therefore the shares should continue on up, waves 1 and 2 have been done, of wave 1 of super wave 3…..

Silver on Monthly close only basis shows similar to GDX 5 months up, 3 months down and ended @ the 50 % level…

Silicon Valley Bank Was a Wall Street IPO Pipeline in Drag as a Federally-Insured Bank; FHLB of San Francisco Was Quietly Bailing It Out

Bit of a yo-yo in the overnights, down, up, back down.

Dollar is up .25%. 10 yr up 4 bips

We do have the CPI inflation numbers coming out this am. Usually moves the market if out of whack. I guess we’re looking for a less hot report, although it may not matter to pm’s, they are going up.

Oil getting whacked for another 2+% @ $73, not sure what’s going on there, forecasting future demand?

Sisters reunited at 80
https://railpictures.net/photo/809674/