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

Here’s wishing a smooth painless successful  procedure and all goes good while the nurses have you in bed. I mean recovery, and be back with us soon.

Take a minute and send a prayer and good wishes for our friend Maddog who is having a medical procedure done tomorrow. Supposedly it’s “fairly minor” so … we look forward to Maddog being with us soon!

Best

As Puti? and others have said the power of us is mostly economical through the dollar.  Talk of change is heresy.

aurum

BTW why would China or these other exporters worry about competing too much with their currency when they don’t make it here anymore anyway thank to them and people like the Clinton’s. Trump was trying to bring jobs back home and make things here. At least basic things and medicine. Now their working on importing our food I’d they have their way and have the worst FDA around.

I guess his adviser wanna be divas aren’t his friends either or not qualified. We can just hand it to consumer to have to spend more instead of better trade deals.

…The US has a decades-long trade deficit, importing far more goods and services than it exports. The balance of imports and exports impacts GDP, exchange rates, and inflation levels. The US is the largest importer in the world, and the second-largest exporter (next to China).Jun 28, 2022

TF Metals has an interview with Alasdair Macleod.

Gold it’s movement and pricing are discussed.

Apparently, the world is not liking the Dollar very much.

https://www.tfmetalsreport.com/podcast/12599/midweek-conversation-alasdair-macleod

https://www.politico.com/news/2024/04/15/devaluing-dollar-trump-trade-war-00152009

Now that wud really give PM’s a boost.

Barrick under pressure in Mali as regime eyes control of Loulo-Gounkoto

Barrick under pressure in Mali as regime eyes control of Loulo-Gounkoto

WALTZ: How much do you think the Air Force pays for this bag of bushings?

USAF SEC. KENDALL: I don't know, Congressman.

WALTZ: $90,000. pic.twitter.com/K1OpbQedbb

— Congressman Waltz Press (@RepWaltzPress) April 17, 2024

but certainly could have been a lot worse, things can always get much worse. The large cap shares and especially the royalty companies I follow outperformed. Seems like the metals are just consolidating a few days for the next leg up. We were way overbought. I suspect if the metals had a bunch more downside, the shares would have sold off instead of firming up.

Hopefully we can start attacking $2400 and $30 again soon.

I thank you guys for all those responses. They all make sense. In fact the oil short ETF, SCO is up over 5% today. I got lucky with DJT I’m up 8% so far.

Re Oil

A well needed correction……one that the Vegetable in the White house will be happy to see, as he might get to buy some for the SPR….a lot of the Oil shares have been up 9 weeks on the trot…..a bit more down sideways and then it can run again….

deer79….didn’t see yr post …tks…..though if they drain the SPR, they still have to buy etc….

Getting hit hard, probably for the reason deer79 stated.

Bitcoin is also getting hit hard, down 4.5%. Still $60K overvalued.

They are playing games with gold and GLD, to a lesser extent SLV. Glad the shares aren’t biting.

Now with all the Bitcoin ETF’s, I imagine it will get the same treatment.

It all has to do with election year machinations……….

The US needs a scapegoat so they can rationalize draining the SPR again….

US Prepares To Reimpose Venezuela Oil Ban As Biden Seeks Scapegoat To Resume Draining SPR

Tyler Durden’s Photo
BY TYLER DURDEN
WEDNESDAY, APR 17, 2024 – 11:00 AM
For much of the past year, we had joked that behind the facade of western Democratic ideals, was a cold hard truth: the price of oil must not be allowed to go up in an election year. This was obvious in Biden’s “kid gloves” treatment of Iran’s regime, it was obvious when the US implemented “sanctions” on Russian oil that were breached within months with zero enforcement, it was also obvious when the US president became best friends with Venezuela’s dictator Nicolas Maduro last October when, in exchange for a few thousands barrels of Venezuela’s oil, the US lifted sanctions on the person that for years was one of western “democracies” biggest enemies.

https://finviz.com/futures_charts.ashx?t=ENERGY&p=d

Shares are still surprisingly strong considering the SM and the metals.

Weird day.

Yes. Hopefully much improved. 👍

I didn’t think they’d be able to drag us down with the market, thought we had too much underlying strength. Maybe I’m wrong though. Should be doing better with the dollar down.

SM is in trouble.

Trump Media & Technology Chart:  https://schrts.co/JAgztpQQ

“Looking forward to pm share earnings in a few weeks”

Roger that! The quarter after should be looking good too. Maybe that’s just the tonic the shares need.

It looks like she broke in the door’s window. I don’t think an employee would do that. Also the people filming thought the police were going to charge her.

But they won’t be able to do that. HUI acting perfectly.

adogsbody – agree with you on GOLD

Yes, she tried to open the door to the restaurant but then began picking up the stuff that was already spread on the sidewalk and putting it into a bag…like cleaning up a mess someone else had made in front off where she worked. Looks to me like the cops knew her; she probably worked there but the boss wasn’t there yet…or something like that!

This is footage of a failed society ……

A woman in Sacramento, CA breaks into a restaurant and POLICE don't stop her.

Instead, they talk for a second and then continue down the road.

🚨🚨🚨 pic.twitter.com/iUYzh7QWee

— Wall Street Silver (@WallStreetSilv) April 17, 2024

Took it on the chin yesterday. Production reduction due to maintenance. Looks way overdone.

Maintained annual guidance…

Probably positive as that production lost in Q1 will be sold at higher prices later!

Dog

Seems like it’s been awhile. SM loves it.