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

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.

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.

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

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.

……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.

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, 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.

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

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

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

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

Mogotes Metals Rock Chip and Trench Channel Assay Extend New Rincon Copper – Gold – Silver Prospect at the Filo Sur Project in the Vicuna District Argentina

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

Amex Drills 30.85 g/t Au over 6.35 m in the High-Grade Zone and Expands Denise at Depth

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

Cabral Gold Announces That Metallurgical Test Results from MG Gold-in-Oxide Material at Cuiú Cuiú Indicate 92 – 93% Gold Leach Recoveries

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

Wallbridge Phase 1 Drilling at Martiniere Encounters Multiple High-Grade Vein Structures and Confirms Grade Continuity in Known Mineralized Zones

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 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.

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.

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…

Yesterday I shorted Navidia with etf NVD and I’m up 7%. I bought some AGQ 2X long Silver also up from yesterday. I’ll be selling the NVD soon because the stock might bounce tomorrow. I’ll hold the AGQ.

Huge Airstrikes Rock Densely-Populated Beirut Suburb As Israel’s Retaliation Begins

Israel’s anticipated big ‘retaliation’ has begun, apparently, after major airstrikes were felt in the Lebanese capital of Beirut. Large smoke clouds were seen above a suburb in southern neighborhoods, sparking momentary panic and a large emergency response amid reported casualties.

An Israeli military statement quickly owned up to the attack: “The IDF targeted in Beirut the commander responsible for the murder of the children in Majdal Shams and killed many Israeli civilians,” a translated statement said.

https://www.zerohedge.com/geopolitical/huge-airstrikes-rock-densely-populated-beirut-suburb-israels-retaliation-begins

What the heck is this? When do we ever see metals reverse higher mid-day? Always seems like they spend the entire day drifting lower.

Not seeing any news, but quite the turn in silver. Gold above $2400? Good to see, especially with the QQQ’s taking a hit.

Dollar back to flat. The HUI and the large caps aren’t doing much, so no confirmation there, but silver shares catching a little bid. No volume though.

Just never know I suppose.

Did we just witness the suicide of Wokery? I think you saw what’s called, in the argot of progressive thinking, the “queering” of the Olympics. That was some spectacle. First, Death on a Pale Horse came galloping down the Seine River so that no one would miss the point of the symbolism to follow: the beheaded Marie Antoinette portrayed singing in the window of a flaming palais (revolution anyone?). . . . Then, a tableau vivant of DaVinci’s The Last Supper “queered” to-the-max with a tattooed land-whale in the Jesus seat offering a Satan hand-signal among the swaying drag queens, plus one child ostentatiously in the mix (say, whu?). . . followed by a blue Dionysus crooning about nudity (“Nu”) on a giant fruit platter, with his ball-sack clearly on display among the cherries and nectarines. . . . It rained. . .tant pis. . . . The power went out and Paris ceased to be the City of Light. Finis. . . .

cont.

… looks like they just got 2 million ounces from Milei in Argentina so that should buy them a week? month? … who knows.

The mystery of Argentina’s gold: Milei admits that it was transferred abroad, without specifying the quantities or destination | Economy and Business | EL PAÍS English (elpais.com)

Chuckle … Snort

The thinking is at least Big Mike can give a speech – whereas Kamala can not.

But when you think about it – maybe that’s the next progression. (hence NY etc. piling on)

She doesn’t have to give speeches. Or if she does, it won’t matter with all the media obsfication.

Hard to know what these crazy people think as events accelerate.

All you can count on is it will get crazier – and more violent – just like stocks?

With silver oversold on a weekly basis now, and gold looking like it wants to go back up after completing an A – B – C correction (silver too), either they allow stocks to fall, or they are going to have the metals back in rally mode with the dollar looking like it wants to roll over.

They must keep the repression trade in tact until the election, but it’s next to impossible with all the debt issuance necessary now.

A big job for Big Mike and company.

Chuckle

Roger that!

I seem to always be pissing in peoples cheerios but it’s what I have to do. That said, I agree that Elon is exposing and presenting many small distractions that keep us all occupied patting him on the back….but at the same time he was, and IMO is, still putting up all the low orbit surveillance satellites which will be used to control humanity around the world….and while everyone was locked down due to the COVID farce, the one thing that continued the entire time was the installation of all the 5G towers around the world….so when the low orbit satellites are finally all in place, which I think is very close now, the new control system will be implemented and controlled by the UN who is now ready to insist the world give them the power to dictate and enforce all plandemics and other emergencies using Elons surveillance satellites….and it’ll be easy because you/we’ll all be living in 15 minute “smart cities” and will do what they say or suffer the consequences… because you’ll own nothing unless you have silver and gold in hand tucked away for the new underground monetary system that will surely emerge when needed.

All IMO of course! ;o)

Aladdin absolutely must take the pm sector down with them or it wouldn’t be “normal market action”

Looks like I was wrong in that they are not rallying today in advance of earnings – they did yesterday though. Imagine that me being wrong about something.

All in all though, we’re doing pretty good the last couple of days considering the dollar. Not sure if it’s good or bad to sort of be holding up into a Fed meeting.

They fiddled around with the eco numbers this am with consumer confidence above 100 when  it was expected to be below. Doubt it’s anywhere near 100 to begin with.

Oil broke down below $75, Bitcoin looking to break below $66K. NVDA is getting close to the 20% correction level as the QQQ’s are weak again. The Fed better cut tomorrow.

From my vantage point the financial world looks pretty good for a change. 🙂

edit: oops, I probably just spoke too soon. They just came in and bitch slapped us.

Ipso -thank God for Elon Musk and X, it has become a beacon of truth in information.

Captain – Big Mike wouldn’t surprise me. Maybe Kamala should get herself a food tester.😂 The funny thing is that the delegates from New York and N. Carolina immediately committed to Kamala after Biden stepped down. I heard also that Kamala wasn’t even eligible to be president because of of birth or something like that. Then again we did have a Kenyan president.

They are just going to cheat again or do the bird flu, or whatever. Time is running out.