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

Courtesy of a website I visit.

https://x.com/RickyDoggin/status/1814878789161394573

Interesting observations on potential VP, Vance from Karl Denninger;

http://market-ticker.org/akcs-www?post=251740

Are we just back testing the down trend break out in GDX/Hui etc

and is spot Gold just back testing the 50 day Av

I think their monetary experiment is taking on water!

How do you like that … Japanese citizens are BIG savers … but their gov spending is going to sink them.

You are right.

Nikki is down 10% in a week.

Bounce incoming but more selling to come.

Someone big in Japan is blowing up, taking down Nikkei, gold and crypto with them

https://x.com/PaulRevereJrJr/status/1816300386027721200

….you’ve got Silver and Gold in your hand. Otherwise in the end the Casino always wins!

That’s exactly right.

The Chinese play the long and smart game.

Patience is key.

Cheers

…..but perhaps the buying we saw a few months back (that we hopefully perceived as a possible de-coupling of the rig), was the Chinese doing a “trial run”, to see how they could potentially affect the metals market, and to send a message to the Cartel. In return, the Cartel aggressively shorted their buying, and are now gleefully thumbing their noses at the Chinese to say, “no way you’ll manipulate our markets!” And the Chinese continue to patiently accumulate and wait in the weeds……..

Sounds like Heaven … Klaus-Heaven!

but hell for everyone else …

The beauty of my position is that I have been so stupid, that I have no choice but to hang in there now.

Time is my enemy where pm’s are concerned.

Maybe it will be in the fall. Maybe it won’t be. Maybe we’ll continue to crash with tech, although right now I’m watching tech come roaring back. They never let pm’s come roaring back do they? Trying to predict the “when” in pm’s is a fool’s game, because it’s basically predicting the end of an economic system and a reserve currency, which have both lasted years beyond their time.

The times we live in are extraordinary. The lines between good and evil have never been more clear. Despite the destruction I’ve endured in my life with pm’s, and markets in general, I feel blessed to be able to witness this generation. We have seen things that were unimaginable even 25 years ago. Most of them evil but we are now seeing miracles as well. I consider Trump living a miracle. The rise of clear thinking leaders like Tucker, Musk, Jordan Petersen, even Russell Brand standing on the side of what’s true and good. I think we’ll start seeing more miracles and more darkness in the very near future until the two finally clash. What’s going on in the unseen realm is all that matters anymore.

Yes, definitely could have something to do with the SM as the timing and she’s not exactly a bullish out look.

Buygold summed up the rest including the early drop into the Fed meeting possible scenarios. On the other hand maybe they’re not falling for it this time so not waiting.

Yes very frustrating.

However, this frustration will end violently at some point in coming day, weeks, months(?)

Up until now, with all the f&ckery associated with keeping their precious stock market elevated, credit spreads have remained suppressed at the lows.

And while it may take much more selling of the broads to wake these idiots up, it will happen going into the Fall if indications continue to unfold (Yen carry-trade unwind, yield curve un-inversion, etc.).

Credit spreads will move higher too – and PMs will explode higher.

ICE BofA US High Yield Index Option-Adjusted Spread (BAMLH0A0HYM2) | FRED | St. Louis Fed (stlouisfed.org)

Admittedly, it looks like this could take until Fall due to liquidity conditions in the meantime, so days like today could repeat, however the question is do you want to be out knowing things could change very quickly.

So let’s hope the idiot futures specs leave quickly and we get it over with fast.

Because the next leg higher should be epic as the reluctant and delusional (think Blackrock, etc) are forced into the sector.

Hang in there.

You really think they’d pull the rug from under Kamalanomics 100 days before the election?

So Zat by twenty-zirty you vill own Nuzing , but you vill be happy !

brain-dead more or less ,in your cubicle living quarters in the mega-city near the juncture of the borders of Germany , Netherlands and Belgium , while they luxuriate in their huge estates .

Yep. It’s amazing isn’t it? Nothing about this country is either forthright or real anymore. Everything is for the benefit of the Leviathan, those who pull the levers of power. The only difference is that now they operate in plain sight and give us the finger. What are you going to do about it? They say. Whether it’s pm’s or the assassination of our President. They really don’t care that we know and are in fact challenging us to do something about it.

The only thing they understand is fear. My hope is that God gives it to them – and we help if needed.

BTW – I left out one thing. Durable goods were minus 6.6% today. How do you get a GDP of plus 2.8% with durables down 6.6%?

Not possible.

https://x.com/MichaelAArouet/status/1815971251862573555

Well said………

NEM’s price action this morning says it all…….
On paper, a very good earnings report. But in this dystopian world, that simply does not matter, and it gets taken down 4.5%…..

“Shut your mouths, do as your told, don’t invest in mining companies…period.”

Dollar down, rates down. Both should be pm bullish. Instead, we get pm hell. Another inexplicable crash.

Although I guess it’s very explainable. The banks, sanctioned by the corrupt Fed and Regulatory bodies decided gold had gone up high enough and poured tons of paper shorts into a market that is always rumored to be running out of supply, but never does, to take prices down, likely prior to a rate cut, knowing full well a rate cut will be bullish for the metals.

They add a phony GDP number to the mix as “the excuse”. Problem with that is, the metals crashed well before the numbers came out AND if the numbers were so great and bullish, why is the dollar down a little? Why isn’t it soaring? Why aren’t rates soaring?

So, what do they accomplish? They take any excitement about the miners out of the game with lower prices, even though they have higher earnings. NEM being the prime example this am. They also make it so that when they do cut, the best the metals do is come back to where they were, which of course, they will make sure, takes weeks or months.

Lower metal and BTW lower oil prices run cover for their cut, they must be falling because inflation is coming down right?

Lastly, the SM is rolling over. Gold can never look like a safe haven in that scenario, it never has been, and never will be. Nothing will ever be allowed to compete with US bonds. This is the third world oligarchy we’ve created for ourselves in the US.

Just need a few more things to happen, just need a little more patience, yada, yada, yada

When you don’t know, and you know you don’t know, that is the beginning of wisdom.

https://x.com/WallStreetSilv/status/1816397984482939239

Heritage Mining Zone 3 Successful SGH Soil Survey

https://ceo.ca/@thenewswire/heritage-mining-zone-3-successful-sgh-soil-survey

Brixton Metals Provides Initial Assays from the 2024 Drill Program at its Thorn Project with 1467.73m of Copper-Gold-Silver-Molybdenum with Several Sub-intervals:

https://ceo.ca/@globenewswire/brixton-metals-provides-initial-assays-from-the-2024

Abcourt Announces Closing of $4,500,000 Private Placement Resulting in the Creation of a New Control Person

https://ceo.ca/@globenewswire/abcourt-announces-closing-of-4500000-private-placement

Orezone to Commence a 30,000 Metre Discovery Focused Drill Program at Its Flagship Bomboré Gold Mine

https://ceo.ca/@globenewswire/orezone-to-commence-a-30000-metre-discovery-focused

Signal Gold Transitions To The OTCQB Market

https://ceo.ca/@accesswire/signal-gold-transitions-to-the-otcqb-market

Luca Mining Completes Construction of Tahuehueto Gold Mine

https://ceo.ca/@newswire/luca-mining-completes-construction-of-tahuehueto-gold

Porgera Remains On Track Despite Mulitaka Landslide Challenges

https://ceo.ca/@globenewswire/porgera-remains-on-track-despite-mulitaka-landslide

Cabral Gold Drills 6m @ 13.3 g/t Gold in Step-Out Hole at the Machichie NE Target, Cuiú Cuiú Gold District, Brazil

https://ceo.ca/@newsfile/cabral-gold-drills-6m-133-gt-gold-in-step-out-hole

Provenance Gold Commences IP Survey at Eldorado to Guide Core Drilling and Future Gold Exploration

https://ceo.ca/@newsfile/provenance-gold-commences-ip-survey-at-eldorado-to

Silver Crown Royalties Commences Trading On Cboe Canada

https://ceo.ca/@thenewswire/silver-crown-royalties-commences-trading-on-cboe-canada

Centamin PLC Announces Interim Results

https://ceo.ca/@accesswire/centamin-plc-announces-interim-results-a38a7

Karora Obtains Final Court Order Approving its Plan of Arrangement with Westgold

https://ceo.ca/@newswire/karora-obtains-final-court-order-approving-its-plan

Sun Summit Announces Closing of Non-Brokered Private Placement

https://ceo.ca/@newsfile/sun-summit-announces-closing-of-non-brokered-private

Dignity Gold and GS Mining Holdings Launch Strategic Partnership

https://ceo.ca/@globenewswire/dignity-gold-and-gs-mining-holdings-launch-strategic

Melkior Announces Carscallen Update

https://ceo.ca/@thenewswire/melkior-announces-carscallen-update

Newmont Reports Second Quarter 2024 Results

https://ceo.ca/@businesswire/newmont-reports-second-quarter-2024-results

Sasquatch Resources Executes Option Agreement

https://ceo.ca/@accesswire/sasquatch-resources-executes-option-agreement

Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project

https://ceo.ca/@newsfile/southern-silver-files-ni43-101-technical-report-for-c8bf0

ESGold to Focus on Montauban Plant Production

https://ceo.ca/@thenewswire/esgold-to-focus-on-montauban-plant-production

Tocvan Hits on Exploration Drillholes 450m and 600m Southeast of Main Zone Drills 0.5 g/t Gold and 22 g/t Silver Over 7.6-meters and Expands Mineralized Strike Length Over 900-meters

https://ceo.ca/@accesswire/tocvan-hits-on-exploration-drillholes-450m-and-600m

The Rio Grande hauling the California Zephyr
https://railpictures.net/photo/845328/