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

Yep dollar by dollar. Slowly It turns step by step. I don’t know why that stuck in my head.

https://www.zerohedge.com/precious-metals/silver-squeeze-has-officially-begun

This is an excellent report on Silvers break out and potential……which is why the scum were all over the PM’s today….they will be targeting a failed break out, by ramming silver back below 32.50……

Looks like silver wants to run a bit sideways for now. But now another Fed meeting coming up.

Re down

1st day we have had a smack down that wasn’t reversed, by the end of the day…which suggest the buyers are stepping back…..u may well be right…..also classic sign on CNBC, them talking about it and we had a few smiles on the forum…always a bad sign.

I’ve noticed over the years, usually there is a dip after they praise something. Are any of you thinking the same thing? A little dip starting tomorrow?

but with the volume slowing and the Crimex closed, it looks like they’ll finally get us a little.

A lot of the shares are still holding small gains. AG & EXK have been especially strong all day.

Looking at HUI, we could correct back to the 320 level now or we could keep going up for a few more days and then head down. Or, we could maybe never go down again. 🙂

…about to get their asses handed to them???

https://tradingeconomics.com/commodity/silver

Maybe that could be a good thing. Like the talk that emerged again about Italy meddling via internet.

This is from the past when they were finding voting machines that were connected to the internet and were finding more at that time so if anyone says there were no machines connected to the Internet this says different.

https://www.nbcnews.com/politics/elections/online-vulnerable-experts-find-nearly-three-dozen-u-s-voting-n1112436?fbclid=IwY2xjawGDY6BleHRuA2FlbQIxMQABHVvkI9pZ2C8QVHdVMbDqKOqfTuOe4ifrFa60rXHhIGIgFTVbaO2rCUo3Sw_aem_DI4ToNr6nrlzC2E5uIyGWA

I know, and I bet the ones behind the shorting are acting just like the ones that shorted GameStop and that’s what’s going on right now but unlike GameStop they just can’t call up Robinhood and tell them to halt buying this time. Cry me a river.  Remember what they did to the Hunt Brothers back when? Well this is the reverse and  robbery of the people in the name of the fiat they have done little to nothing about all this time. They been cornering the market for the benefit of propping up the dollar perhaps to hide the real inflation numbers too and now this time they have made enemies who aren’t so fiat friendly.

“seems like they are feeling the pressure right now.”

I agree it’s the US, but I also read an article, not sure if Maddog posted it or not, but it’s also the LBMA that is highly leveraged in the silver market. I think to ridiculous levels vs. the physical storage.

These guys can beat us to death, but they have a much bigger problem when governments are buying physical. Sure seems like they are feeling the pressure right now.

Dollar strong, rates up 9 bips, SM down, Bitcoin down $2K.

They haven’t fully reversed us since $2400. Flat today would be a win

Yep it’s probably the ole USA indirectly or at minimum they are backstopping the banks with their printing press. I think the banks will pay off their positions in crimex in paper eventually.

As always we have no idea who is the ‘actual’ short, as the 5 banks could all have customers…….all of whom have the same address….C/O Powell ,33 Liberty st , NY NY…..

and therefore will never cover……but as Buygold say..the real amount they are short is way, way beyond that articles numbers,…but as u say still good to see it being talked about.

because thieves on Wall St work hard and clean clocks. But I do like climbing the wall of worry.

Do we slap them upside the head again? Or do we succumb to the pressure?

They badly need to stop this right now.

Battle stations 💪

VANCOUVER, British Columbia, Oct. 21, 2024 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce a plan to raise approximately C$40 million in funding to advance the development of the Premier Northern Lights mine (“PNL”), restart the mill and restart the Big Missouri mine (“BM”) from the current state of temporary care & maintenance.

https://finance.yahoo.com/news/ascot-provides-funding-future-mine-115000421.html

I was semi joking about Gamestop…..but Au is being moved by the Phys buying by the likes of the Chinese and Indians……and now it looks like they have woken up to Silver……helped by the Russkies…..

https://x.com/i/status/1848148243156549707

“Believe it or not, but a Dutch bank flagged a payment for new sails for my yacht because the boat nane is Liberty… The world is going crazy.”

https://x.com/marcvanderchijs/status/1848301256407732475

That’s interesting that MSN would talk about the silver squeeze and the trouble that these giant banks are in with their humongous short positions. I think MSN sure does count as mainstream media. I wonder if they’re laying the groundwork for a force majeure situation down the road?

That article on MSN was written by the Jerusalem Post. Interesting.

They talk about 151K short contracts and losses of $1.3 Billion, which for 5 major banks is nothing for the Fed to print up. Is that just the one day loss. I’d argue though that the losses are much bigger than $1.3 Billion, they’ve had close to that amount of shorts since silver was in the low $20’s.

Regardless, it’s good to see it, and I hope they have to actually buy the metal to cover. The heck with them, they’ve caused so much pain for small investors over the years with their cheating, I hope they all go belly up.

Consensus is that it will be a “sell the news” event for pm’s. Maybe, maybe not.

We are surprisingly not overbought yet, but close. What’s overbought is the dollar.

Gold is Locked-Up, Silver is Locked-in

BY VBL