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

deer79 @ 10:41

Posted by Captain Hook @ 11:25 on July 31, 2024  

It looks like the shares can go to new highs before a big correction takes place, but the metals themselves look like they might be correcting the move higher starting last year already.

Then, once they reinstall the commies in November, much like they just did in Venezuela (France, etc.), they will let everything washout afterwards, which is when the shares would be hit hard.

The juniors would be hit really hard if they haven’t been already, which is a large part of the reason smart money will not touch them yet – credit risk.

Have a good one.

Deer79

Posted by Buygold @ 11:07 on July 31, 2024  

Makes sense. AG has been one of the weakest of the bunch and there doesn’t appear to be a beat on the way from them. If they surprise, will definitely be interesting.

AEM & KGC today will be quite telling.

Dollar coming back. I expect we’ll drift lower until the Fed comes out. Seems like more of the same despite the good open. I guess we’ll see.

TGB

Posted by deer79 @ 11:04 on July 31, 2024  

….is another one with earnings out after the close today…..
Median estimate is for its quarterly earnings is -.01

@Buygold 9:34 re hope you dumped the NVDA short after your post yesterday.

Posted by Mr.Copper @ 11:03 on July 31, 2024  

Yes I cashed out at the close. I made $386 profit, plus more on previous trades, so far my gain loss ratio is 83% this year. I start with $2000 buys. If a buy goes into a $200 loss I sell. If it climbs I double the shares. If it climes more, I triple the shares and so on until it starts dropping then sell it all.

This morning I bought back 1,000 shares of the NVD Nvidia short at $2.35 and so far I’m down $10. I held the AGQ silver 2X long. I bought 60 shares twice on 7/29, 60 at $32.50 and 60 at $32.79  and I’m up $348 today.

Will be watching

Posted by deer79 @ 10:41 on July 31, 2024  

……with so many PM stocks wallowing in a directionless pit, I’m going to try and watch how certain PM stocks react to their earnings reports ( all of us know that the Cartel has their boots on certain mid to large cap PM stocks to keep institutional money from entering this space). NEM initially reacted very poorly to their earnings announcement a few days ago, but has been showing some signs of life. First Majestic’s quarterly earnings are announced tomorrow (median estimate is for a loss of .02).
Hopefully we’ll start to see consistent higher quarterly earnings from more PM companies. We have to see this if there’s any hope for money managers to start to put more $ into this sector.

No volume yet

Posted by Buygold @ 10:18 on July 31, 2024  

Still not what I’d expect from a good rally. We haven’t had punters piling in. No believers.

Hopefully climbing the wall of worry

Good start, Mr Copper

Posted by Buygold @ 9:54 on July 31, 2024  

Good start, although we’ve seen this many, many times before. Sometimes it ends well but more than half the time it doesn’t.

Tough call with the Fed coming up.

Mr. Copper- hope you dumped the NVDA short after your post yesterday. Just ridiculous how they squeeze tech time and time again.

 

Something seems familiar …

Posted by ipso facto @ 9:44 on July 31, 2024  

https://x.com/WallStreetSilv/status/1818594957940428935

Incredible BS!

Posted by ipso facto @ 9:21 on July 31, 2024  

School That Gave Child COVID-19 Vaccine Against Parents’ Wishes Immune From Lawsuits: Court

https://www.zerohedge.com/covid-19/school-gave-child-covid-19-vaccine-against-parents-wishes-immune-lawsuits-court

More fun in the ME

Posted by ipso facto @ 9:03 on July 31, 2024  

Live updates: Hamas political leader Ismail Haniyeh killed in Tehran as Iran vows revenge against Israel

https://apnews.com/live/hamas-haniyeh-iran-israel-live-updates

Posted by ipso facto @ 8:42 on July 31, 2024  

New Gold-Silver Discovery Announced on Orogen’s Ermitaño Royalty Area of Interest

https://ceo.ca/@accesswire/new-gold-silver-discovery-announced-on-orogens-ermitao

Austral Gold Files Q2 2024 Quarterly Activity Report

https://ceo.ca/@newsfile/austral-gold-files-q2-2024-quarterly-activity-report

CEO.CA’s Inside The Boardroom: Cascadia Samples 1,065 g/t Gold and 267 g/t Silver at Catch Property, Yukon

https://ceo.ca/@newsfile/ceocas-inside-the-boardroom-cascadia-samples-1065

Great Quest Closes Second Tranche of Non-Brokered Private Placement and Announces Upsizing

https://ceo.ca/@businesswire/great-quest-closes-second-tranche-of-non-brokered-private

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https://ceo.ca/@newsfile/mogotes-metals-rock-chip-and-trench-channel-assay-extend

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https://ceo.ca/@newsfile/amex-drills-3085-gt-au-over-635-m-in-the-high-grade

Hercules Metals Provides Exploration Update

https://ceo.ca/@newsfile/hercules-metals-provides-exploration-update

Awalé Hits 20 g/t Gold over 29m at the Charger Prospect, Odienné Project

https://ceo.ca/@newsfile/awal-hits-20-gt-gold-over-29m-at-the-charger-prospect

Andean Precious Metals Announces Commissioning of the Fines Disposal Facility at San Bartolomé Mine and Changes to Management Team

https://ceo.ca/@newsfile/andean-precious-metals-announces-commissioning-of-the

Emerita’s Iberian Belt West Project (IBW) Has Been Granted with the Declaration of Strategic Interest by the Junta of Andalusia

https://ceo.ca/@globenewswire/emeritas-iberian-belt-west-project-ibw-has-been

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https://ceo.ca/@newsfile/cabral-gold-announces-that-metallurgical-test-results

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https://ceo.ca/@globenewswire/wallbridge-phase-1-drilling-at-martiniere-encounters

Goldstorm Metals Announces Drilling Underway at the Electrum Gold & Silver Project, British Columbia

https://ceo.ca/@newsfile/goldstorm-metals-announces-drilling-underway-at-the

Snowline Gold Files Updated Ni 43–101 Technical Report for Its Rogue Gold Project

https://ceo.ca/@accesswire/snowline-gold-files-updated-ni-43101-technical-report

O3 Mining Reports Positive Metallurgical Results from Malartic H Deposit at Marban Alliance

https://ceo.ca/@newswire/o3-mining-reports-positive-metallurgical-results-from-a2f7d

ORVANA ANNOUNCES US $37.7M BONDS PLACEMENT IN BOLIVIA TO PARTIALLY FINANCE ITS RESTART PLAN FOR THE DON MARIO OPERATION

https://ceo.ca/@newswire/orvana-announces-us-377m-bonds-placement-in-bolivia-fcaca

Condor Gold Provides an Update on the Sale of Assets

https://ceo.ca/@accesswire/condor-gold-provides-an-update-on-the-sale-of-assets-dccf7

Endeavour Reports Q2-2024 Results

https://ceo.ca/@globenewswire/endeavour-reports-q2-2024-results

Silver Storm Announces Delay of Annual Filings

https://ceo.ca/@globenewswire/silver-storm-announces-delay-of-annual-filings

Mawson Announces Signing of Scheme Implementation Agreement With Southern Cross Gold

https://ceo.ca/@accesswire/mawson-announces-signing-of-scheme-implementation-agreement

Metallurgic Testing and New Mineral Resource Initiated at Past-Producing High-Grade Gold & Zinc Estrades Mine

https://ceo.ca/@accesswire/metallurgic-testing-and-new-mineral-resource-initiated

Lundin Mining Second Quarter 2024 Results

https://ceo.ca/@newswire/lundin-mining-second-quarter-2024-results-037f7

NEW GOLD REPORTS SECOND QUARTER 2024 RESULTS

https://ceo.ca/@newswire/new-gold-reports-second-quarter-2024-results

OceanaGold Reports Second Quarter 2024 Operating and Financial Results

https://ceo.ca/@newswire/oceanagold-reports-second-quarter-2024-operating-and

Fortitude Gold Reports Second Quarter 2024 Results

https://ceo.ca/@accesswire/fortitude-gold-reports-second-quarter-2024-results

Canadian Gold Corp. Commences Phase 3 Drill Program at Tartan Mine

https://ceo.ca/@newsfile/canadian-gold-corp-commences-phase-3-drill-program

Fortitude Gold Drills 9.14 Meters Grading 2.33 g/t Gold Within 16.76 Meters Grading 1.58 g/t Gold at Scarlet North

https://ceo.ca/@accesswire/fortitude-gold-drills-914-meters-grading-233-gt

Dynasty Gold Completes 1,320 Meters Drilling at Thundercloud

https://ceo.ca/@newsfile/dynasty-gold-completes-1320-meters-drilling-at-thundercloud-9162a

New Destiny Mining Drilling Update: First Hole Intersected Unmapped Historic Mine Workings at Treasure Mountain Silver Property, Hope BC

https://ceo.ca/@newsfile/new-destiny-mining-drilling-update-first-hole-intersected

Elevation Gold Applies for Initial Order for CCAA Protection

https://ceo.ca/@newswire/elevation-gold-applies-for-initial-order-for-ccaa-protection

Pelangio Exploration Announces Issuance of Shares for Final Litigation Settlement Payment

https://ceo.ca/@accesswire/pelangio-exploration-announces-issuance-of-shares-for-89599

Grande Portage Resources Announces Equity Financing

https://ceo.ca/@accesswire/grande-portage-resources-announces-equity-financing

Canterra Minerals provides update on Summer Exploration Programs in central Newfoundland Mining District & Announces Upcoming Drilling at Buchans

https://ceo.ca/@newsfile/canterra-minerals-provides-update-on-summer-exploration

Max Resource Announces the 2024 Exploration Program for the Sierra Azul Copper-Silver Project, Funded by Freeport-McMoRan Exploration Corporation

https://ceo.ca/@newsfile/max-resource-announces-the-2024-exploration-program

NATIONS ROYALTY PROVIDES UPDATE ON ROYALTY INTEREST: THE KSM DEPOSIT RECEIVES “SUBSTANTIALLY STARTED” DESIGNATION

https://ceo.ca/@newswire/nations-royalty-provides-update-on-royalty-interest

Sonoro Gold Corrects Disclosures Related to Its Cerro Caliche Project in Mexico

https://ceo.ca/@globenewswire/sonoro-gold-corrects-disclosures-related-to-its-cerro

Eldorado secures option for TRU’s Golden Rose Project in Canada

https://finance.yahoo.com/news/eldorado-secures-option-tru-golden-105709922.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfNS92aWV3L3Yx&guce_referrer_sig=AQAAAHjhcKO-0krYahsSNR6g4MNY-VwglRFQptJapw8LhVIg1E-Cn9rVipHOktYo1q2FayzuFQvb3Xm5JfFAF_TeGu3fraSsDh30DwBy752nSGC-2znfGnQzlfYUkz8g71HnewUr4rS00FGRT9FE1w2Ss4sXHY8yY_fKexg8_voOFSj0&_guc_consent_skip=1722429777

First Majestic Announces New High-Grade Gold and Silver Discovery at Santa Elena

https://finance.yahoo.com/news/first-majestic-announces-high-grade-110000776.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9xdW90ZS9BRy8_X2d1Y19jb25zZW50X3NraXA9MTcyMjQyOTk0Ng&guce_referrer_sig=AQAAAI-t1NjwceSaZPjkBk023BEuqsClQVUne-9OTJRRmZcSWNDpUKD98t4lQW7mkWTJhPPiJ11LaPWEmcb4RpkdaZFyWEOz4LRFuLQyVYOpEz5KJnwo-zpH96T3nYmfivYAqotxiqRnYebeKdH4dSi0K1IbQvHvyBog2v_J9oIZxyt2&_guc_consent_skip=1722429969

Dollar down in earnest now, oil soaring

Posted by Buygold @ 8:22 on July 31, 2024  

Dollar down almost 1/2% but it’s mostly because of a stronger Yen as the Japanese raised rates. Oil now up 3.5% to $77.50 after being down in the $74 range yesterday.

Silver gaining a little steam, gold flat from earlier.

We’ll see what happens at the 9 am hour.

Shares also strong in premarket as well

Posted by Buygold @ 6:04 on July 31, 2024  

Large caps in particular. The HUI will open above 300 and hopefully keep going, although they usually try to temper any gains going into the announcement. I’m not always thrilled to see us up going into Powell speak, because so often we see pm’s get sold right back down plus some after the verdict.

Silver approaching up 1% but a quick move back above $30 would be most welcome.

The planners will do what they do. Can’t forget about the massive short positions the banks still have out there that they need to defend.

The big day

Posted by Buygold @ 5:01 on July 31, 2024  

SM futures are strong this am. Blackrock engineering yet another short squeeze in tech. PM’s are also strong this am although it’s early still.

Oil is strong. Wondering if it’s because Israel retaliated against Hezbollah? Wars have been good for the SM for a long time. Also wonder if that’s why the little bump in pm’s too.

Other than that. We have the most important Fed meeting since…..last month. The ridiculousness of following the money masters and their every whim.

Some eco data early – the ADP report. Chicago PMI’s which will beat because the bar is set so low. Not only a Fed meeting today but a Jobs report on Friday, the two things gold bugs fear the most in the same week. 🙂

Dollar is down a little. Bitcoin flat, rates flat.

The wheels on the bus go round and round…

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