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

Maddog

Posted by ipso facto @ 22:25 on July 11, 2024  

I’ll take your word for it!

Joe proves the doubters right

Posted by ipso facto @ 22:24 on July 11, 2024  

Biden Praises ‘Vice President Trump’ During Rambling Post-NATO Presser

https://www.zerohedge.com/political/crucial-press-conference-today-cracks-form-bidens-senate-wall-donations-dry-delegates

ipso facto

Posted by Maddog @ 20:22 on July 11, 2024  

Re Chinese Hunt

There is no way, only 31 tonnes has pushed, these mkts up here….it’s way more than that……

Vince Lanci: The Chinese ‘Hunt Brother’ Takes On JPM & Wins

Posted by ipso facto @ 18:09 on July 11, 2024  

Captain Hook … Wow something smells a bit!

Posted by ipso facto @ 16:11 on July 11, 2024  

“According to Bloomberg, Morgan Stanley’s private wealth clients account for about 70% of the fund’s $1.6 billion, and the bank has been trying to get them out for more than a year, according to Bloomberg sources.”

Sh*t coins are great …

Posted by Captain Hook @ 15:27 on July 11, 2024  

… no … really.

Scaramucci Gates 70% Of Investors In His SkyBridge Crypto Fund | ZeroHedge

But don’t ask your broker how the hell to get your money out of those things.

Chuckle … snort

Buygold @ 13:34

Posted by Captain Hook @ 14:50 on July 11, 2024  

Yes looking good in PM land today as it should be.

I am looking for value to take the baton from growth right here – right now.

Look at the Russell (IWM) up 7+ points today – so the ratio against the tech crap is tracing out a key reversal.

This is no small thing and should see deep value in PM stocks catch a bid very soon.

Like tomorrow on a good weekly close.

The commies are not going to stop printing money going into the election – so it will have to go somewhere.

Cheers all

deer79 @ 12:46

Posted by ipso facto @ 13:59 on July 11, 2024  

It looks like if the juniors start to run … they could go for a long time! I wouldn’t mind a 2 or 3 year bull market!

A little short covering into the Crimex close

Posted by Buygold @ 13:34 on July 11, 2024  

HUI up near the highs of the day.

I really don’t mind seeing the QQQ’s get whacked for a change. Stocks like Netflix up near $700 a share? Seriously? That index has a lot of correcting to do, some of that stuff is seriously overvalued.

Maddog – it’s well past time for us to get some of that tech money, and it won’t take much.

MoMo funds getting taken to woodshed

Posted by Maddog @ 13:07 on July 11, 2024  

Check Dollar yen…down nearly 2 % on day…that is a huge currency move and as the Captain says Tech is getting wacked hard….and as Tranny and Utilities are well up, this looks like rotation…we may catch some money….we probably are.

Deer79

Posted by Buygold @ 12:48 on July 11, 2024  

Thank you

Captain

Posted by Buygold @ 12:47 on July 11, 2024  

No doubt. They are drip selling into the Crimex close to temper enthusiasm, but I’m watching NEM and AEM and they aren’t drifting lower with the metals. That gives me hope of some sustainability.
As always, we need this to last for a while, otherwise we’ll start getting those “double top” call that we always get.

Ipso

Posted by deer79 @ 12:46 on July 11, 2024  

Thanks for posting the GDXJ vs. Gold chart. Simply amazing…..

Just don’t know when (if ever) some $$$ will come into this sector!!!

Buygold

Posted by deer79 @ 12:44 on July 11, 2024  

ELRRF is Elero Resources
LOMLF is Lion One Metals

Captain Hook @ 12:22

Posted by ipso facto @ 12:35 on July 11, 2024  

“one mans’ opinion”

I know it’s at least two!

Volume in the shares

Posted by Buygold @ 12:33 on July 11, 2024  

is a little better but still nothing to write home about. There’s still a lot of caution and rightly so.
We’re not seeing big buyers coming in just yet

Another hour to Comex close …

Posted by Captain Hook @ 12:27 on July 11, 2024  

… and they are working it hard.

Would not doubt the machines trade 2 years global production on just this side of the pond today – never mind in London.

That’s a real market for you.

Can’t have the plebs getting out of hand.

Need to ‘tamp it down’.

Chuckle

ipso facto @ 12:02

Posted by Captain Hook @ 12:22 on July 11, 2024  

Exactly … da boyz have done such a good job at bashing people’s brains in over the past few years that I can’t blame anybody for hesitating here.

That said, as long as you are not buying moose pasture, if the shares are not at a bottom with the exception of large caps, then they are likely close.

A few years out – 2026ish – my opinion is anybody buying here should be happy.

One man’s opinion

Back below the 2% mark

Posted by Buygold @ 12:17 on July 11, 2024  

Shares steady.

Do we push the rest of the day or do we just sort of fade?

I want momentum!

Talk about room to run

Posted by ipso facto @ 12:02 on July 11, 2024  

Captain Hook

Posted by goldielocks @ 11:46 on July 11, 2024  

I don’t say I’m bearish or bullish as far as the stocks.  I moved to only phyzz for now. I could target trade but choose not to  But I guess my training was a little bit tougher than yours. We couldn’t afford to make mistakes that affected other people. We didn’t assume everything was okay just because someone said so. There’s nothing ” cute” about that.

Maddog

Posted by goldielocks @ 11:32 on July 11, 2024  

It seems to me the Government wants to micromanage and control everything to be in sync with the stock market. They don’t like anything they can’t control. Of course the dollar which gold is their ejemy and their short term bonds will go up but they don’t mind that. They even did it to Bitcoin.

goldielocks @ 11:19

Posted by Captain Hook @ 11:31 on July 11, 2024  

I can’t agree with that.

I think back to the Gold-eagle days in summer of 2002 – with sentiment in the tank – how a few carefully placed words helped a lot of people.

But we need all kinds – and right now – I have to view negative sentiment and hesitation as a classic contrarian indicator given the backdrop outlined earlier.

We are just in the early innings -best not getting cute at this stage.

Cheers

Deer79

Posted by Buygold @ 11:29 on July 11, 2024  

What is the symbol of your play Elero?

Gold up over 2%. Can we hold it and continue higher tomorrow?

Hopefully

Posted by Buygold @ 11:24 on July 11, 2024  

Our little sector will start to get the attention of the momentum players now. I don’t see anything that’s really overbought. Plenty of room to run hard here.

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