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

Happy Hour with Buygold ……. “done and done”

Posted by winedoc @ 18:53 on September 6, 2024  

things are topsy turvy

“I Like”…….  silver

“No One” knows how high silver will go …….

I added to the stack earlier today

I use Silver Gold Bull Canada out of Calgary

Good Evening Friends

Winedoc

ipso, Cap’n, gotta bear in mind

Posted by ferrett @ 17:50 on September 6, 2024  

that only 25% of production comes from primary silver mines. The balance is as a by-product from mining other metals and recycling. So silver supply is dominated by lead/zinc/copper production, largely by multinationals who couldn’t give a rat’s bum about the silver price. If the falling prices of the base metals cause any big mines to shutter, then we will see upward movement.

BTW – Bitcoin was down 5% today

Posted by Buygold @ 16:43 on September 6, 2024  

Worse than both our manipulated metals.

In fact it’s hard to find any asset that was up. Gold was down .80%
Sux because it shouldn’t be but imagine how bad it would have been a few years ago.

Standard Jobs Report beat down

Posted by Buygold @ 16:37 on September 6, 2024  

They had to because the SM is finished for a while. So, we probably suffer through with the SM for a bit until we don’t. The SM is trying to force the Fed to cut .50, to be followed by another.50 and another. That’s best case. Worst case is that something or someone broke today and Monday is a bloodbath. Buffett looks genius.

I’m going to buy a little phyzz silver this weekend. I’ll feel better. 🙄

No reason for the metals

Posted by deer79 @ 16:08 on September 6, 2024  

to be down today except for the fact that the algorithm says that they go down. How in the world does this stranglehold get broken????

Looks like no save for the SM…but no further falls

Posted by Maddog @ 16:00 on September 6, 2024  

Re The Feds Target of Getting Inflation Down To 2%

Posted by Mr.Copper @ 15:17 on September 6, 2024  

In my opinion, Stocks and real estate are inflation hedges. As they go up, plenty of people can spend more money, and drive prices higher. Stocks and real estate, should be part of the money supply.

So the Federal Reserve’s Jerome Powell is pissing up a rope. unless or until, he succeeds and crashes the stock and real estate prices. Who knows, maybe thats what they are hoping for? But if he drops the rates, it will propel those inflation hedge prices even higher.

Coming up to the last hour or so of trading….this is when we usually get a stomping great rally, to save the day…or are the scum happy to let it all look baaaad.

Posted by Maddog @ 14:46 on September 6, 2024  

Here’s a 30 minute presentation that will knock your socks off! Please pass it along, especially to the ailing who need the knowledge.

Posted by silverngold @ 14:10 on September 6, 2024  

Healing for the A.G.E.S. – Dr. Bryan Ardis

Demos smoke and mirrors

Posted by ipso facto @ 13:25 on September 6, 2024  

CBS Boston just CALLED OUT Kamala Harris for bussing in hundreds of people to make it look like she has support

https://x.com/nicksortor/status/1831487178675011657?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1831487178675011657%7Ctwgr%5E3177c1ba0049c50b6e3cb9301412ade638f171c8%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fmodernity.news%2F2024%2F09%2F05%2Freporter-calls-out-harris-for-bussing-people-to-and-from-rally%2F

Well Captain

Posted by Buygold @ 13:01 on September 6, 2024  

They managed to bring the dollar back up, so they’ve got the excuse. We’ll probably start to see some volatility now. That was some serious early volatility in the dollar and the bond market today. Rates are all the way back to flat. Seems non-sensical to me with a SM selling off. I know the US Dollar currency market is tough to manipulate because of scale, but something went on today.

Unfortunately, it gave license to the guys on the Crimex to pound silver into oblivion. My bet is that gold recovers and closes back above $2500, but they did the usual “safe haven” hit job there to.

Something wicked this way comes, I have no idea what it is, but seems with violent moves like we’re seeing today, something is going on. Maybe we’ll find out after the close as usual. Going to be a hellluva Sunday night/Mon. am. I wonder if the Plunge Protection Team is still operating these days.

or 4 or 5 that’ll work!

Posted by ipso facto @ 12:44 on September 6, 2024  

They may as well close every other mkt and just open the SM ………everything is keying off the SM, on a tick by tick basis…pathetic.

Posted by Maddog @ 12:34 on September 6, 2024  

Perhaps

Posted by deer79 @ 12:34 on September 6, 2024  

the market is trying to force the Fed’s hand?????

Buygold 11:14

Posted by goldielocks @ 12:16 on September 6, 2024  

As far as I know right now there is a battle going on. One isn’t exactly in battle buying fear and the other side is selling it.

Buygold @ 11:14

Posted by Captain Hook @ 11:51 on September 6, 2024  

Very wise words:

“It seems that more and more the metals, but especially gold, are tracking the dollar as they should. This stuff with the shares following the SM won’t last too much longer, it can’t. Our problem is that silver continues to be treated as an industrial metal and that seems to make it easier for the criminals to manipulate it. Ultimately, we know it will act as a monetary metal.”

That is exactly what is going to happen … and silver will be reset (revalued) higher.

And when the States start to exercise their independence next year (possibly), you could witness quite a shift back to constitutional money in the ones now making preparations (tax wise, etc.) to allow such a change.

And when people see how well these states are doing with a stable money system … change will sweep the landscape … from sea to sea … around the world.

And the money changers will be vanquished.

Well done.

Ascot Resources SP slaughtered after terrible news

Posted by ipso facto @ 11:45 on September 6, 2024  

https://schrts.co/VpIuJIai

Captain Hook @ 9:41

Posted by ipso facto @ 11:40 on September 6, 2024  

I’ve always thought that the riggers were stupid for not allowing the silver miners to produce at a decent profit so that more silver resources would be developed. Now it appears that eventual shortages are going to bite them on the ass.

I think it’s a great idea for the silver miners to hold back supply!

Cheers

Captain, maddog, deer79

Posted by Buygold @ 11:14 on September 6, 2024  

It looks like they’ve lost the SM and they are losing the dollar. I’m not sure what happened with the dollar this am, it was down, came racing back to positive, and now tanking.

It seems that more and more the metals, but especially gold, are tracking the dollar as they should. This stuff with the shares following the SM won’t last too much longer, it can’t. Our problem is that silver continues to be treated as an industrial metal and that seems to make it easier for the criminals to manipulate it. Ultimately, we know it will act as a monetary metal.

As I’ve written this the dollar has already swung positive. I’ve never seen it this volatile in a single session – ever. Maybe there’s some intervention going on with the Yen?

Rates are sliding, the dollar should not be positive now. These swings today are not normal, makes me think something is breaking.

Whatever, we will be on the right side of things when it’s all said and done. Bitcoin will not – down 3%.

Dollar reversing back down again. WTF???

Maddog

Posted by goldielocks @ 11:08 on September 6, 2024  

Good thing about the Fed meeting coming up is the PMs were heading to over bought areas. I saw yesterday on Bloomberg one mining stock saying that energy bills were cutting into profits. Hope they can handle that because this time nothing’s holding them back although I’d watch out for the yield curve to move up out of inverse. Last couple of times 08 and 20 the market tanked.

I decided to buy and hold some Bitcoin miners and you know their and tech computer related shorts do better to hedge then the PM shorts. The Bitcoin miners I hold down 34 percent so far but the hedges are up 40 percent.

Totally agree Captain

Posted by deer79 @ 10:58 on September 6, 2024  

These corrupt manipulators will do and say anything so that the “game” continues…

Wooooahaaahh….look at Gold come back…..maybe the seller was just asked for an EFP quote …to swap it all to Phys….

Posted by Maddog @ 10:45 on September 6, 2024  

and the SM falling apart……PM shares have to notice …..

Captain Hook

Posted by Maddog @ 10:42 on September 6, 2024  

Desperate people will do desperate things…… Some are fighting for their freedom…others even for their lives…they will stop at nothing.

ipso facto @ 9:16

Posted by Captain Hook @ 9:41 on September 6, 2024  

Thing is – what are their all in costs?

The head honcho over at Silvercrest was out this week saying his costs are above $25.

And they are one of the lowest cost producers.

The bankers are attempting to keep silver just enough above costs so they can keep paying interest to them – no mas.

It’s going to get away from them going into year end with Silvercrest, First Majestic, and Fortuna, all larger primary miners, banking silver now – along with all the new demand sources coming on line.

Like I said a long time ago – They’re nuts and on a suicide mission.

Now it’s becoming painfully evident (to both us and themselves).

But they are too stubborn and stupid to stop.

They need cheap silver to keep killing people so we will listen.

Unreal

Buygold @ 9:00

Posted by Captain Hook @ 9:26 on September 6, 2024  

Exactly – they want it all.

They are a bunch of idiots. Greedy stupid idiots.

And now, we have open interest in Comex silver back below 130K contracts again.

Metals Daily Exchange Volume & Open Interest – CME Group

So good luck with that a**holes.

Cheers all

I’m not normally this grumpy first thing in the morning – really.

Chuckle

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