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

LOL

Posted by ipso facto @ 14:30 on July 16, 2024  

@Captain Hook

Posted by Mr.Copper @ 14:27 on July 16, 2024  

I keep hearing we, the USA will produce our own needs in the future. What country are you from? P.S. imo the USA has been under the boot since our economic peak in 1970. Its been a long down trend. Most countries have been doing ok since the end of WW II.

Only after 2008 are they going down. The USA has been going down since 1970. I think its USAs turn to prosper which has already started. Besides that we supposedly have the most gold. This could explain why they haven’t been bashing it.

Mr.Copper @ 12:55

Posted by Captain Hook @ 14:10 on July 16, 2024  

You actually have it backwards, buy hey, you are a fortunate American – lucky to be alive during the best time in history for an average pleb so it’s understandable you think that way if you have never been under the boot.

BRICS countries have at one point, or another, been colonies of Western superpowers providing cheap commodities to their masters for next to nothing. And many third world countries still are.

But now these ‘colonies’ (third world economies) are waking up to how the West has duped them all these years and are now demanding more (worthless fiat currency – and soon – gold backed currency) for their valuable national treasures and work.

Can’t blame them.

Anyway, not trying to be controversial – just accurate.

Gotta go

Buygold @ 11:49

Posted by ipso facto @ 14:02 on July 16, 2024  

“the juniors are on deck”

I dunno amigo … for today they seem more like a 10yo kid sittin in the stands thinking he’d like to play pro ball someday! Sheesh

@Captain Hook re The commercial short in silver is a record

Posted by Mr.Copper @ 12:55 on July 16, 2024  

Re your:

“Thing is, they are up against the Chinese, Russians, and BRICS this time – with their combined population and economies now eclipsing the West increasingly.”

The west? I don’t know how my thoughts fit in with what you said. But in my view, many countries that have for decades, sucked wealth away from the USA will certainly be getting less. After Trump and company take over.

Even Europe which is part of the west, will also be cut off. Thats why nobody on the planet wants Trump and all the new ways he promotes.

 

FWIW…

Posted by old-timer @ 12:51 on July 16, 2024  

IMO, an interesting take on what happened in PA the other day.

Yes, unrelated to the prices on my stacks and stocks, but for how long will it remain unrelated?

https://x.com/Squawk55/status/1812651095287865834

 

Buygold @ 11:30

Posted by Captain Hook @ 11:52 on July 16, 2024  

The commercial short in silver is a record, so da boyz are desperate to keep it contained.

Thing is, they are up against the Chinese, Russians, and BRICS this time – with their combined population and economies now eclipsing the West increasingly.

So, they are not like the schoolgirls that populate Comex specs going up against Western banks.

And they are removing all the physical.

The BRICS gold backed token is a very big deal and those who intend to participate need to be in position for the kickoff – or at least well on their way.

The big meeting is in Russia in October so the rally should last until September.

A September high like in 2011, along with weak stocks possibly (causing liquidity problems), could trigger a big correction for several months at that time.

So hang on to your panties girls and boys.

Quite the ride coming.

Chuckle

Some of the laggard’s are in play

Posted by Buygold @ 11:49 on July 16, 2024  

GFI, GOLD, AG and some others

Good to see a rising tide lifting all boats. Hopefully the juniors are on deck.

FYI Nat Gas Long etf BOIL

Posted by Mr.Copper @ 11:43 on July 16, 2024  

I have played this one, it moves fast so tread lightly. I suspect a bottom here. Note the high volume bar on lows yesterday, also notice the high volume bar on the May highs.

https://schrts.co/xbHjzvuB

FYI re DRD Up 10% Today

Posted by Mr.Copper @ 11:35 on July 16, 2024  

I’m finally back in the money on that one. I started buying it all thru 2021 and bought more again in May and July. Note the high volume bar in June.

https://schrts.co/AuFbjzRg

Captain

Posted by Buygold @ 11:30 on July 16, 2024  

I see. Looks like we’re heading towards $32 so ya never know. The shares seem to be saying all systems go.
I saw the last COT Report. No idea whether they are real info, but it seemed like the non-commercials were a lot more balanced in their positions. Maybe trying to thwart some of the dumps while maintaining their long positions.

Who knows, just hope we start to see much higher prices. Tech may be making a slow moving top. Just a hunch. 🤔

Now we’re talkin’

Posted by Buygold @ 11:19 on July 16, 2024  

$31 busted with authority. Silver shares ripping. Gold breaking out.

If we can avoid a big contract dump for the rest of the day we’re looking great! 😳

The Fed Will Be Cutting Rates This Year? Hardy Har Har as Ralph Kamden Would say

Posted by Mr.Copper @ 10:55 on July 16, 2024  

The Dow is booming, the Russell 2000 is also booming, Gold is booming, real estate is still doing good, rents are high too. Why would they cut rates? They should be raising rates. And my account balance is back above the May 20 high, that bottomed on July 1st. Total recovery in two weeks.

Buygold @ 10:08

Posted by Captain Hook @ 10:29 on July 16, 2024  

They are protecting the $32 top in silver because if gets above this key resistance (the most recent high) on a weekly closing basis a commercial squeeze could send prices flying.

One would need to see a weekly close above $35 to consider such a possibility – in the cards.

Everything is crossed – as usual.

First hit

Posted by Buygold @ 10:08 on July 16, 2024  

but shares are weathering it well.

The uber miners RIO and BHP are getting smacked around today.

Need to break $31 and not look back. for whatever reason that seems to be a big obstacle.

edit: I might be speaking too soon….

That First Nordic Metals that AEM just invested in has a nice chart. Wish it was one of mine!

Posted by ipso facto @ 10:07 on July 16, 2024  

https://schrts.co/UEJxHZmy

Vance on Ukraine

Posted by ipso facto @ 10:00 on July 16, 2024  

Vance has sent some mixed signals on Ukraine, but here in his own words, is his NYT op-ed explaining why he voted NO on that $95 billion war package.

https://x.com/ggreenwald/status/1812955018070278424?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1812955018070278424%7Ctwgr%5Ea2a57878af5d4374aa36f7b9c17a26571b59b821%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fnews%2F2024-07-15%2Fjd-vance-assassination-insurance

Just a guess

Posted by Buygold @ 9:51 on July 16, 2024  

Will they fight us at $2450?

Hopefully silver busts $31 with some authority.

Long day ahead but it’s time for us to break away from the usual all-day drip selling.

Oil down 1.5%

Silver rebounds

Posted by Buygold @ 9:39 on July 16, 2024  

Silver shares sort of iffy though.

New highs for gold. Eventually these shares should explode.

Yep

Posted by ipso facto @ 9:24 on July 16, 2024  

Best comment I’ve seen is, “So… who put the ladder there and when?”

Posted by ipso facto @ 9:17 on July 16, 2024  

Retail Sales better than expected

Posted by Buygold @ 9:08 on July 16, 2024  

That was the risk. Naturally the dollar got bid and rates came back up.

Silver is too weak to fight the dollar at the moment so it rolled right away. Stable now and trying to come back.

Gold still up $14.

Screw the dollar. 🙂

A peace agreement closer?

Posted by ipso facto @ 8:46 on July 16, 2024  

Zelensky Suddenly Reverses, Says Russia Should Attend 2nd Ukraine Summit

With much of the globe’s eyes and international press focused on the US domestic political situation in the wake of the attempted assassination of Donald Trump, Ukraine’s President Volodymyr Zelensky has just made an unprecedented announcement.

He said Monday that a second Ukraine peace summit should include Russian representation. It is a remarkable development that he so much as stated the possibility, even if it doesn’t actually materialize, given he’s long been vehemently against any level of negotiations with Moscow so long as Putin is still in power.

https://www.zerohedge.com/geopolitical/zelensky-suddenly-reverses-says-russia-should-attend-2nd-ukraine-summit

Posted by ipso facto @ 8:25 on July 16, 2024  

Prospector Begins 2024 Field Program on Flagship ML Project, Yukon

https://ceo.ca/@newsfile/prospector-begins-2024-field-program-on-flagship-ml

Sanu Identifies New High Potential Targets from Ground Geophysics at the Diguifara Project in Guinea, West Africa

https://ceo.ca/@newsfile/sanu-identifies-new-high-potential-targets-from-ground

Aurion Announces Brokered Private Placement for Gross Proceeds of up to CAD$5.0 Million

https://ceo.ca/@newswire/aurion-announces-brokered-private-placement-for-gross

NEVADA KING MAKES AT-SURFACE OXIDE GOLD DISCOVERY AT EAST RIDGE ZONE, SHOWS POTENTIAL FOR LARGER MINERALIZED TARGETS IN NEW GEOLOGICAL SETTING AT ATLANTA

https://ceo.ca/@newswire/nevada-king-makes-at-surface-oxide-gold-discovery-at

SCOTTIE RESOURCES ANNOUNCES COMMENCEMENT OF 2024 DRILL CAMPAIGN

https://ceo.ca/@newswire/scottie-resources-announces-commencement-of-2024-drill

Granada Gold Mines Outlines Process for Converting Recovered Gold into a Market Gold Bar

https://ceo.ca/@thenewswire/granada-gold-mines-outlines-process-for-converting

Eco Oro Provides Update from ICSID In Dispute with Colombia

https://ceo.ca/@globenewswire/eco-oro-provides-update-from-icsid-in-dispute-with

Brixton Metals Options its Atlin Goldfields Project to Eldorado Gold

https://ceo.ca/@globenewswire/brixton-metals-options-its-atlin-goldfields-project

Abcourt Announces a Non-Brokered Private Placement for Up to $4.5 Million

https://ceo.ca/@globenewswire/abcourt-announces-a-non-brokered-private-placement-09bf9

Florida Canyon Gold Provides Update on Sales Processes

https://ceo.ca/@newsfile/florida-canyon-gold-provides-update-on-sales-processes

Lahontan Gold Begins Metallurgical Testing for Santa Fe PEA

https://ceo.ca/@accesswire/lahontan-gold-begins-metallurgical-testing-for-santa

Aztec Reconnaissance Sampling Program Further Expands High-Grade Gold & Silver Mineralization at the Tombstone Project in Arizona

https://ceo.ca/@thenewswire/aztec-reconnaissance-sampling-program-further-expands

SilverCrest Releases 2023 ESG Report

https://ceo.ca/@newswire/silvercrest-releases-2023-esg-report

Higher Q2 Production Puts Barrick On Track to Deliver 2024 Targets

https://ceo.ca/@globenewswire/higher-q2-production-puts-barrick-on-track-to-deliver

Avino Reports Q2 2024 Production; Announces Date of Q2 Earnings Call

https://ceo.ca/@accesswire/avino-reports-q2-2024-production-announces-date-of

SOMA GOLD CORP. INTERSECTS 31.4 g/t Au OVER 3.7m, INCLUDING 189.2 g/t Au OVER 0.6m IN LEVEL 1 EXPLORATION DRILLING AT THE CORDERO MINE, EL BAGRE, ANTIOQUIA, COLOMBIA

https://ceo.ca/@newswire/soma-gold-corp-intersects-314-gt-au-over-37m-including

Golden Cariboo Intersects Additional Mineralization in QGQ24-08 and QGQ24-09

https://ceo.ca/@thenewswire/golden-cariboo-intersects-additional-mineralization

Lode Gold Files NI 43-101 Technical Report on Its Yukon Properties, Tombstone Gold Belt, Key to Executing Its Spinout Plan

https://ceo.ca/@newsfile/lode-gold-files-ni-43-101-technical-report-on-its-yukon

Tunkillia Gold Project – Positive Initial Scoping Study

https://ceo.ca/@accesswire/tunkillia-gold-project-positive-initial-scoping-study

Florida Canyon Gold Inc. to Commence Trading on TSX Venture Exchange

https://ceo.ca/@newswire/florida-canyon-gold-inc-to-commence-trading-on-tsx

Silver Wolf Provides Operational and Corporate Update

https://ceo.ca/@accesswire/silver-wolf-provides-operational-and-corporate-update

Silvercorp Reports Operational Results and Financial Results Release Date for the First Quarter, Fiscal 2025

https://ceo.ca/@newswire/silvercorp-reports-operational-results-and-financial-a7ab6

AGNICO EAGLE ANNOUNCES SUBSCRIPTION FOR COMMON SHARES OF FIRST NORDIC METALS CORP.

https://ceo.ca/@newswire/agnico-eagle-announces-subscription-for-common-shares

RUPERT RESOURCES ANNOUNCES $20 MILLION BOUGHT DEAL EQUITY FINANCING AND CONCURRENT PRIVATE PLACEMENT

https://ceo.ca/@newswire/rupert-resources-announces-20-million-bought-deal

First Nordic to Complete Acquisition of its 100%-Owned Greenstone Belt in Finland and Welcome Agnico Eagle as a Shareholder

https://ceo.ca/@newswire/first-nordic-to-complete-acquisition-of-its-100-owned

PPX Announces Excellent Test Work Results on Hole 7

https://ceo.ca/@accesswire/ppx-announces-excellent-test-work-results-on-hole-7

Alturas Minerals Update on its Resguardo Project and announces Grants Incentive Stock Options

https://ceo.ca/@thenewswire/alturas-minerals-update-on-its-resguardo-project-and

Sitka Intercepts Strong Mineralization Including Visible Gold at Its RC Gold Project, Yukon

https://finance.yahoo.com/news/sitka-intercepts-strong-mineralization-including-123000550.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfMi92aWV3L3YxP19ndWNfY29uc2VudF9za2lwPTE3MjExMzIzMzI&guce_referrer_sig=AQAAACalVpXPwI_CDptk_4Idm_gJ4Fqbkk1Hdt8aussds1-K5dBl6PHpdHTmUDRUXJ8u6hfYtIsQnhh8GIUV-D0TC3_7BdzgWrongytNNe0b2J-j1o7tImhZ3FMDwsgYBh7pX3uuw6UOE9TXNVCkKGrGqr2x28eGAUEGXMpjJe8iua0r&_guc_consent_skip=1721132370

MONTAGE GOLD ANNOUNCES STRATEGIC INVESTMENT BY ZIJIN MINING; C$170M EQUITY RAISE LAUNCHED TO ADVANCE THE KONE PROJECT

https://stockhouse.com/news/press-releases/2024/07/16/montage-gold-announces-strategic-investment-by-zijin-mining-c-170m-equity-raise

Triple top?

Posted by Buygold @ 7:31 on July 16, 2024  

Looked at the chart of GLD yesterday and actually it looks like this could be a triple top – at least close enough for government work.

If that’s the case, it should not hold and should continue higher. At least that’s what happens in a normal market.

The shares are firm premarket. Never know, there’s always a chance. Silver needs to step it up though.

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