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

What a country we would have if every legislator were as honest and dedicated and rational as Ron Paul!

While he was in office the K street crowd stopped even trying to influence him .
They just bypassed his office .

Also , when he left office , someone who respected him highly offered to fly him back to TX in his private plane . The DC three letter agency goons descended on that plane and delayed departure for five hours as they ‘inspected ‘ it . Of course his welcoming fans expecting him to arrive at a predetermined hour dwindled as the hours ticked away , I am sure .
Ron Paul , gentleman that he is , just took it in stride , but has not backed off an inch ever since in his pursuit of destroying Fed and DC corruption .

https://x.com/wmiddelkoop/status/1813994674924998895

Sure looks like his crowd couldn’t resist making a buck off of the event … even if it looks like they had foreknowledge. Ah well … the Devil is close to receiving him!

SM in the tank and finally rolling over. As usual we tank with it, but when it comes back, we don’t come back with it.

So, we put our hope in the Fed that they’ll give us that “surprise” cut.

Maybe they will, certainly possible if not probable. The thing is though, you can bet they’ll beat the living crap out of our pm’s in advance of it.

Gotta love it. Never changes.

Thanks for the comebacks. I think its over for the Fed Res System ever since 9/11 and 2008. The only caution I have is after Trump gets in. The last time PMs were flying, all time highs in my account. I almost sold everything.

After Trump got in, he said “Don’t worry about the economy” and all the gold and miners dropped. Then he said   “Don’t worry about your guns” and my gun stocks dropped. LOL. I think the Fed keeps saying they will drop rates to give people false hope.

And or maybe they hope the inflation hedges will all peak out and drop on their own.

Saw that flash across the screen while I was at the gym today. Hard to believe he’ll be able to withstand that pressure.

We haven’t completely crumbled, somehow silver is putting up a fight for $30

Large cap gold shares still hanging in, HUI down less than a %. I guess it depends on what you own because the shares are all over the map.

Great catch re Trump social, Soros short….that should put the SoB in Old Sparky.

And using phone at mom, so cannot post much….good luck all.

I’m with you buddy.

They are going to cut rates at the end of the month if their wonderful tech stocks keep falling – it would be a surprise that would send PMs flying.

In their mind they have to stay in power or risk losing it forever – because we are on to them now – and the magnitudes of their crimes too profound.

PM shares remain well bid.

Bob’s your uncle.

Chuckle

https://x.com/i/status/1813412763860959253

We have the greed factor going on right now. Partly from Trump and a light at the end of a hell hole the demos put it in. Mostly towards the SM but gold rising with it and a expectation of pressure to lower interest rates which would be a negative factor for the economy but greed is greed. Things changed a little this last week where gold could rise a couple hundred bucks more but silver linked more to liquidity might jump around and reach around 32 at best.

Kamala Nomination Odds Soar After Reports Biden To Drop Out This Weekend

https://www.zerohedge.com/political/end-game-nears-pelosi-jeffries-schumer-told-biden-he-cant-win-and-hurting-party-too

AG reports higher silver production which should lead to higher earnings.

Stock gets whacked for 6%. Down 10% in the last two days after breaking above its 50 dma

Only in America

The scum kept Gold under $2,000 for almost four years. Finally it has broken out to new all time highs. We will never see sub $2,000 gold ever again. A similar situation with Silver soon if it breaks $30/oz which it will. They held it down below $25/oz for almost four years too.

https://finviz.com/futures_charts.ashx?t=METALS&p=m

QQQ’s looking sickly. Has tech finally turned?

At least gold isn’t really falling with them and it could be considering the dollar strength. Is that an indication of a rotation? The large cap golds are doing ok, but silver and most of the silver shares are falling with the QQQ’s.

Probably not going to stay this way if this is “the” correction in the SM.

Silver already looks like it wants to give up $30 and crater.

Same as it always is.

… the GDXJ/GDX Ratio is also flagging in preparation to break out of a multi-year inverse head and shoulders pattern (or saucer) as well.

Once smaller stocks begin to outperform the large caps we will have a clear signal the bull market is a reality, and reluctant capital will be compelled to participate.

They are lying to you about inflation folks.

Don’t be fooled.

… the GDX/SPX Ratio is close to breaking out of a massive inverse head and shoulders pattern as well.

Again – patience is required.

… is in the process of testing the breakout from a massive inverse head and shoulders pattern.

Just a little patience required.

Cheers all

me too!

Little bit ugly for the shares at the open. Hopefully they’ll snap back.

“Dr Copper is unwell. Spot #copper hasn’t traded well for a couple of weeks, but blew thru the 4.40 support this morning and is taking a beating.”

Chart at https://x.com/Mark_IKN/status/1813920957268144376

REVEALED: The firm that took the suspicious and enormous bet against President Trump’s Truth Social stock ($DJT) ONE DAY before the assassination attempt is Austin Private Wealth LLC, majority held by George Soros’ Vanguard and BlackRock.

https://x.com/DiedSuddenly_/status/1813766972720484764

I long for those “dartboard days!”

Trigon Metals Stabilizes Water Levels and Maintains Uninterrupted Production from Underground at Kombat Mine, Namibia

https://ceo.ca/@businesswire/trigon-metals-stabilizes-water-levels-and-maintains

Viscount Mining Announces Closing of Over-Subscribed Non-Brokered Private Placement

https://ceo.ca/@newsfile/viscount-mining-announces-closing-of-over-subscribed

Sanu Gold to Target High-Potential Undrilled Gold Trends at the Daina Permit, Guinea, West Africa

https://ceo.ca/@newsfile/sanu-gold-to-target-high-potential-undrilled-gold-trends

Canagold Intercepts Strong Mineralization in First Five Resource Expansion Drill Holes at New Polaris

https://ceo.ca/@businesswire/canagold-intercepts-strong-mineralization-in-first

Red Pine Intercepts 2.39 g/t Gold over 39.07 m including 7.99 g/t Gold over 6.99 m at the Wawa Gold Project

https://ceo.ca/@globenewswire/red-pine-intercepts-239-gt-gold-over-3907-m-including

Orezone Reports Q2-2024 Gold Production and Provides Phase II Hard Rock Expansion Update

https://ceo.ca/@globenewswire/orezone-reports-q2-2024-gold-production-and-provides

PAN GLOBAL INTERSECTS 6.5M OF 1.22 G/T GOLD AND 14M OF 0.46% COPPER, EXPANDING MINERALIZATION AT CAÑADA HONDA DISCOVERY, ESCACENA PROJECT, SOUTHERN SPAIN

https://ceo.ca/@newswire/pan-global-intersects-65m-of-122-gt-gold-and-14m-31ffa

ANGLOGOLD ASHANTI HOLDINGS PLC TO ACQUIRE ADDITIONAL SHARES OF G2 GOLDFIELDS INC.

https://ceo.ca/@newswire/anglogold-ashanti-holdings-plc-to-acquire-additional

Kobo Resources Reports Significant Gold Intersections of 5.0 Metres at 4.30 g/t Au, including 1.0 Metre at 20.00 g/t Au and 2.0 Metres at 7.26 g/t Au at its Kossou Gold Project

https://ceo.ca/@businesswire/kobo-resources-reports-significant-gold-intersections-5853d

Maiden Drill Program Underway at Goliath’s Treasure Island, Hosting Multiple Outcropping VMS Type Shear-Hosted Polymetallic Zones, Channels Up To 20.60 g/t Gold Over 0.85 Meters And Up To 14.45% Copper In Samples, Golddigger Cambria Icefields, Golden Triangle, B.C.

https://ceo.ca/@globenewswire/maiden-drill-program-underway-at-goliaths-treasure

First Majestic Produces 5.3 Million AgEq Oz in Q2 2024 Consisting of 2.1 Million Silver Ounces and 39,339 Gold Ounces; Announces Updated 2024 Production and Cost Guidance and Conference Call Details

https://ceo.ca/@newsfile/first-majestic-produces-53-million-ageq-oz-in-q2-2024

Lake Victoria Gold Announces Receipt of Tax Clearance Certificate for Imwelo Project Acquisition

https://ceo.ca/@newsfile/lake-victoria-gold-announces-receipt-of-tax-clearance

Minera Alamos Provides Santana Operations Update

https://ceo.ca/@newsfile/minera-alamos-provides-santana-operations-update-cfe5b

Abitibi Metals Drills 14.55 Metres at 1.48 g/t Gold at Beschefer

https://ceo.ca/@thenewswire/abitibi-metals-drills-1455-metres-at-148-gt-gold

Headwater Gold Commences Drilling at Spring Peak Project, Nevada

https://ceo.ca/@thenewswire/headwater-gold-commences-drilling-at-spring-peak-project-73fb3

O3 Mining Intersects 102.0 g/t Au over 1.5 Metres at Malartic H, Marban Alliance

https://ceo.ca/@newswire/o3-mining-intersects-1020-gt-au-over-15-metres-at

Centamin PLC Announces Positive Doropo Gold Project DFS

https://ceo.ca/@accesswire/centamin-plc-announces-positive-doropo-gold-project-ad686

Electrum Discovery Corp. Identifies New Styles of Gold Mineralization on Consolidated 522 square kilometers Novo Tlamino Project

https://ceo.ca/@thenewswire/electrum-discovery-corp-identifies-new-styles-of-gold

CANTEX ANNOUNCES CLOSING OF PRIVATE PLACEMENT

https://ceo.ca/@newswire/cantex-announces-closing-of-private-placement

Rome Resources Announces Receipt of Final Order for Arrangement with Pathfinder Minerals

https://ceo.ca/@newsfile/rome-resources-announces-receipt-of-final-order-for

Dundee Corporation Announces Acquisition of Shares Of Greenheart Gold Inc.

https://ceo.ca/@globenewswire/dundee-corporation-announces-acquisition-of-shares-6da90

RUA GOLD Announces C$8 Million Brokered Offering of Common Shares

https://ceo.ca/@newswire/rua-gold-announces-c8-million-brokered-offering-of

Lundin Mining Pre-Announces Items Impacting the Second Quarter 2024 Results

https://ceo.ca/@newswire/lundin-mining-pre-announces-items-impacting-the-second-3c06f

Cerrado Gold Announces Q2 Gold Production Results for Its Minera Don Nicolas Mine in Argentina

https://ceo.ca/@accesswire/cerrado-gold-announces-q2-gold-production-results-for-7ab7d

Americas Gold and Silver Corporation Provides Q2-2024 Production Results; Galena Complex Silver Production the Highest Per Quarter in Over 10 Years

https://ceo.ca/@businesswire/americas-gold-and-silver-corporation-provides-q2-2024

Canadian Gold Corp. Closes Over-Subscribed Private Placement

https://ceo.ca/@newsfile/canadian-gold-corp-closes-over-subscribed-private

Sun Summit Announces Further Increase in Size of Non-Brokered Private Placement

https://ceo.ca/@newsfile/sun-summit-announces-further-increase-in-size-of-non-brokered

MONTAGE GOLD UPSIZES BROKERED PRIVATE PLACEMENT TO C$180M

https://ceo.ca/@newswire/montage-gold-upsizes-brokered-private-placement-to

Besra Gold Announces: Update on the December Contract Note

https://ceo.ca/@newsfile/besra-gold-announces-update-on-the-december-contract

Barrick (GOLD) Reports Higher Preliminary Production for Q2

https://finance.yahoo.com/news/barrick-gold-reports-higher-preliminary-151400760.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfNS92aWV3L3YxP19ndWNfY29uc2VudF9za2lwPTE3MjEzMDYxNTI&guce_referrer_sig=AQAAAJDGQ8zoyGupO_K32-vFQDt4dZRvpLVTbH_GscXp-G6dXQ-d0rVbVXGoXJnHOz2bm1PDiv0hZ6xr8lf2LV3bHMQILO832EvtZtoNs09lf5tahJk-PQ_d059ehx3qrBiDJMaRrQ03gBcpHOzZPC8JjcLB_B13KsNP-i9uTCQuCeD_&_guc_consent_skip=1721306215

Nothing crazy though. Silver up $.20, Gold up $6. Gold didn’t get hit for much yesterday, so $6 gets us pretty close to where we were Tuesday. Shares mixed premarket, nothing crazy there either. Dollar a little stronger. Rates up 3 ticks, at 4.186% Somehow, I missed oil going back above $82 from $80 – seems it’s wanting to stay above $80. Bitcoin up .7% just below $65K. QQQ’s trying to bounce a little. Wondering if they’ll engineer another miracle short squeeze today.

No major eco data this am. No worries there. Weekly job numbers.

We still have some strength in the large caps, so that keeps hope alive. Silver is still the weak sister but above $30, I think that’s good.

Captain – “patience is required” and “momentum” are conflicting ideas. When I speak of momentum, I’m talking about days and weeks of rally and strength. Pretty tough to say silver has momentum when they can knock it down 3% in a day and it’s well off the highs made two months ago. Call it an uptrend if you like – that’s fair – especially with gold. Momentum is what you see in the DOW right now with an RSI over 83, after having gone up 2K points for 6 straight days.  5+%

We are nowhere close to seeing what we saw with pm’s in the early 2000’s, when we’d see the HUI go up 10% in a day, and all shares catching a bid. Could have picked shares blindfolded with a dartboard. It may be coming, but nowhere close right now.