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

“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.

Rancher Blows Whistle: Food Supply Spiked with mRNA Vaccines

Rancher Blows Whistle: Food Supply Spiked with mRNA Vaccines

What I worry about more immediately is that this kid was walking around in the crowd with a range finder scoping the place then going back getting a rifle and running past the crowd, then climbing a building and no security noticed anything. While everyone else has to be checked going in while he was running back and forth.  He  could of just as easily walked up to Trump and shot him. Maga attendees are going to have to be vigilant because now everyone will be looking at the outside perimeter when he was free to run around on the inside all that time.

I refuse to buy any more of the juniors until I see sustained higher levels of daily volume.

I have also lost a lot of $ in these stocks, but I refuse to sell them down at these levels. FWIW, I just shoved them into my Roth IRA and am trying to forget about them.

Good luck to all.

All this activity at his age isn’t helping his immune system plus crowd exposure plus if he had the COVID shots. Then they complain how slow he’s walking up the steps when they already know he likely has Parkinson’s by his gait, no movement in his arms, whispering speech and cognitive decline plus covid he should be in bed resting.

They want him to step down but the only replacements are worse than him. Someone said they wanted to wait as long as they can for the honeymoon stage not to wear off with the new replacement long enough for people to figure that out.

It only makes sense the M&A and revaluations will eventually drizzle down to the microcaps ……. but how many can hang on  ??

? plug your nose and buy …….  feels like pissing money away ……..

My small caps golds  are nothing but a wipe out ATM with gold at ATH  …….. hehehe

Still loving All time Highs with da phyzz

“No One” knows when the worm will turn

Evening  Friends

Winedoc

Costco rolls out emergency food kits that can keep you going for 11 YEARS – as World War III fears grow

https://www.dailymail.co.uk/yourmoney/article-13640163/costco-emergency-food-kits-world-war-three-fears.html

You are wrong about that.

Momentum is now in our favor.

Just ask Michael Oliver. (he’s all over YouTube)

The smaller shares will get some love once stocks are in trouble for real.

Usually this is after the election when currency debasement rates fall (think Presidential Cycle).

This time however, because we are in the final cycle of our present system (the big cycle) – we should see ‘crack up boom’ dynamics – where monetary largess continues to accelerate with only minor interruptions – if any.

So, capital could flow into the smaller stocks sooner rather than later.

We are not seeing this yet to any large degree however, and a typical washout may still be in the cards once the broads roll over (think the credit cycle).

But with bullish signals unquestionably triggered now by the larger PM stocks already over the past year, it’s just a matter of time before the juniors join the party like they always do, in more mature stages of the larger cycle.

Patience is required.

I suspect this is why we don’t get any real money coming into the sector. Momentum players won’t touch it because there’s no sustainable momentum. That also pushes out the swing trades. We might get two or three days up, but then we give it all back in a day. There’s no reliable gauges (charts) something will break a moving average and then get slammed right back the next day.

The sector is too unreliable. That’s why we don’t see these juniors going anywhere. Not like it was 20 years ago, that’s for sure.

Gold open interest resumed climbing and is now 580,000 contracts and the highest since April 2022:

The upcoming August contract, an active month, is in the middle of the roll period where open interest is typically declining by about 16,000 contracts per day. This typical reduction is due to traders closing the current contract and initiating a position in the incumbent month … in this case December.

However, the OI reduction over the last 2 days (July 15 and 16) has been nearly zero. Apparently new August positions are offsetting positions that have rolled. The OI for the August contract is now 265,000 contracts and slightly higher than average. There are 10 biz days to first notice, so there is plenty of time for the paper traders to roll, however this irregular OI trend could be an early indication of the propensity to stand for delivery. Perhaps some of those new contracts intend to remain for physical.

You may recall that the most recent active month contract of June had a sharp rise in physical metal transferred … up 70% sequentially. Those 30,000 contracts is in the range of the huge delivery volumes in the aftermath of QE-infinity. The August contract could extend that momentum.

The difference now is that registered gold is about 60% less than the peak vault totals during 2020 through early 2022:

39% of registered gold transferred on the June contract. At some point deliveries will stress the physical market.

Again – it’s the physical market folks.

They buy it over here and take delivery in Shanghai.

Fireworks should ensue at some point.

Cheers all

When you see that in order to produce, you need to obtain permission from men who produce nothing—when you see that money is flowing to those who deal, not in goods, but in favors—when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you—when you see corruption being rewarded and honesty becoming a self-sacrifice—you may know that your society is doomed.
Ayn Rand; Atlas Shrugged, 1957

… has had a significant supply deficit for the past three years (up to 500 million ounces) … for which price managers have been raiding Comex, LMBA, and ETF stocks to meet – and could have up to a 500-million-ounce deficit just this year … is why silver should be trading below $30. (perfectly logical right?)

So. they want their green agendas (think solar panels) but silver is not allowed to go up because that will expose the fallacy of fake money – that being their shitty fiat currency’s loss of purchasing power.

Why else would central planners conspire and contrive to push prices down?

Oh right … it’s because if silver goes up … gold will go up … and this would cause a big problem for mafioso central planners future PLANS for our lives. (so they can continue to steal your tax dollars, rape treasuries, and take your financial assets – because they know how to spend the money better on themselves)

That’s why they are doing their damdest to push silver below $30 right now going into Comex close.

Just for the record.

No just the SS with big guns on the other sloped roof across from that one. I don’t even believe there was anyone in that building either.

He just another fake joo mafioso like the rest of them.

Back over 81

sheesh

dog

Yeah outsized hit on silver. A little over the top, but I’m looking at WPM and it’s down $.12? Granted some of the others like AG and EXK are down 3%. Just seems mild to me in a shaky market.
Don’t like what they’re doing to silver but it seems fake. Like everything else in this world.

Too bad he’s on the side of the demons!

“Jamey Demon” He He

… becomes Treasury Secretary … does that mean PM suppression will remain a pillar of US policy.

Trump Reveals Key Pillars Of “Trumponomics”: Low Taxes, Sky High Tariffs, Powell Not Fired, Treasury Secretary Dimon And Much More | ZeroHedge

Gee I wonder.

Oh and they may just have to slip CBDC’s in because everybody else is – even the BRICS.

So who says the Repubs aren’t commies too? Not me.

Unreal

Still, I don’t think the shares are acting all that bad yet. NEM is a champ. HUI only down a couple points. Not bad considering the QQQ’s. The dollar should be helping, so it’s an obvious contract dump in the silver market. Let’s see if the funds start to slowly cover their short positions to stem the drop. Hopefully they’ve gotten smarter.

… are allowing tech stocks to fall in order to attempt to trigger a selloff in PMs. (while the Dow rallies to show everything is just fine – this is Kabuki theater)

That’s how important PMs are.

They are continuing to short PMs hoping to knock the stupid specs over. Only thing is the bid and premiums in China’s physical and futures markets now control prices with the backstop that provides.

Metals Daily Exchange Volume & Open Interest – CME Group

If the price managers are not able to tip Comex speculators over before they must accelerate currency debasement rates commercials might be forced to cover their shorts.

That’s the big picture for PMs right now.

Everything is crossed.

… just who is behind Trump’s assassination attempt.

Trump assassination attempt: Homeland Security investigates Secret Service handling of rally security (msn.com)

Looks like Crooks was known to Blackrock – was he an employee?

BlackRock says Thomas Matthew Crooks appeared in company ad (msn.com)

Only the shadow knows.

That would certainly explain a lot.

Unreal