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

Approaching 4.22%

Can’t be good for markets can it? Or the economy. Housing is already toast.

Silver up a buck! Nyuck Nyuck!

“except for checking location of mines these days.”

That’s a biggie. If a co has operations outside of a few favored locations I don’t pay any attention to it. Even Mexico is not so good anymore.

A little stronger today and the shares confirming and getting a little better volume. Makes me wonder how we’ll do if there is a SM correction. I suppose it will matter why we have the correction.
Otherwise, I think the SM is just staying elevated because the western fiat continues to lose value. Not sure what would cause the SM to correct, banking collapse, meltdown in bonds, 9/11 style false flag? Funny but any of those events should be bullish for pm’s.

Silver might just get unruly again today. Love it. Let the shorts burn. 😇

$34.70  !!!

Chart of that once often mentioned stock.  I still have a core position.

I tend to do my own guesses but if a name is not on my watch list…

or I forget to look at the chart as with Westgold.

It is time consuming to keep track of positions and watch list.  I end up with too many positions because I limit the amount risked on any given name – again perhaps too risk conscious.  And I am not a fan of funds or etf’s.

I trade simply by the chart look except for checking location of mines these days.

aurum

This fellow “Gold Ventures” talks a lot about juniors. Has a PF … I don’t know his track record.

https://x.com/TheLastDegree

No, not Westgold, that has been on my list for a long time.  I had a sizeable position once but traded out.  Looking at the chart now, appears I should have taken the ride.  At the time, I thought I wanted to rotate into more silver stocks so sold some gold stocks to keep my trading account in the commitment % I had for pm’s.  Perhaps I am too much about risk control, but my investment horizon is probably short because of my age.

aurum

Just trying to remember the name.  Perhaps it was another poster.

Oh well, putting some trading profits into small positions for fun.

Thanks.

Cheers.

aurum

Howdy aurum

I may mention a stock without any particular opinion about it. That said I don’t recall the one you are referring to? Maybe it was Westgold Resources? Which I think is pretty solid but Australian and I got charged a $50 commission by Schwab … of course if you’re buying beaucoup shares this is of little import.

Cheers

PS I kinda liked Sitka’s drill results yesterday … in today’s news.

Doesn’t seem to matter does it?

The stakes in Kazan could not be higher. By the end of the week, the Global Majority will know whether Kazan will go down in history as the landmark of a new, emerging system of international relations, or if crass divide and rule tactics will keep postponing the inexorable demise of the Old Order.

Some days ago you mentioned Sitka Gold.  As I recall you also mentioned another penny stock either in that post or another earlier post.  Maybe it was Honey Bear?

double duh! Senior moment as excuse.  Honey Badger

Trying to add to my watch list and can’t recall names.  I did buy a little Sitka when it moved a bit lower though still overbought.  Thinking about smaller positions in some penny stocks for fun.

aurum

To be honest, this action is starting to feel a bit like the action on Friday.

Yesterday, they were unable to even close silver lower. They got us in the red slightly for a little while but couldn’t hold it.

Dollar just slipped back to flat, as they beaten back rates another bip to 4.17%

I don’t think they can stop pm’s from moving higher if the dollar moves lower now. The dollar fell on Friday and we had the monster move. Just saying.

This is where they like to take us down a notch. Not seeing it yet, even in the face of the dollar now up again. Not sure what’s stronger, pm’s or the dollar. They have rallied bonds a little, getting the 10 yr down from 4.2% to 4.18%. Not much of a rally, but I think the Fed has to step in regardless of what the metals are doing. Rates are now up almost 3/4% since they cut 1/2%. Not how that’s supposed to work. Makes me wonder if the world is dumping our bonds en masse, except for the captured western nations.

I can see them in there trying to drop bids and flush GLD and SLV, but with very little success so far. The sellers aren’t biting.

touching $34.50…   looks like the fuse is lit.

$34.60…

https://ceo.ca/@accesswire/mako-mining-announces-q3-2024-operational-results-for

Sorry to hear about your daughter’s accident. Best wishes for a speedy recovery!

Silver Tiger Announces PFS With NPV of US$222M for the Stockwork Zone of the El Tigre Silver-Gold Project, Sonora, Mexico

https://ceo.ca/@accesswire/silver-tiger-announces-pfs-with-npv-of-us222m-for

TDG Gold Reports Progress and Strategic Review for Its Toodoggone Portfolio, B.C.

https://ceo.ca/@accesswire/tdg-gold-reports-progress-and-strategic-review-for

C3 Metals Sampling Program at Khaleesi Copper-Gold Project in Peru Returns up to 2.82% Copper, 6.0 g/t Gold, 57.7 g/t Silver and 284 ppm Molybdenum

https://ceo.ca/@newsfile/c3-metals-sampling-program-at-khaleesi-copper-gold

Awalé Uncovers 3.5km Gold Footprint on 100%-Owned Ground and on Trend from the BBM Discovery

https://ceo.ca/@newsfile/awal-uncovers-35km-gold-footprint-on-100-owned-ground

Bunker Hill Mining Provides Exploration Update Defines High-Grade Silver Target

https://ceo.ca/@globenewswire/bunker-hill-mining-provides-exploration-update-defines

Big Ridge Gold Corp. Provides Update on 2024 Exploration Program

https://ceo.ca/@newsfile/big-ridge-gold-corp-provides-update-on-2024-exploration

Chesapeake Announces Metallurgical Results

https://ceo.ca/@newsfile/chesapeake-announces-metallurgical-results

Highlander Silver Joins the Augusta Group; Announces Changes to Its Management and Board of Directors

https://ceo.ca/@accesswire/highlander-silver-joins-the-augusta-group-announces

Golden Cariboo Terminates Drill Hole in Vein Zone Due to Proximity to Osisko Development Corporation’s Mineral Claims

https://ceo.ca/@thenewswire/golden-cariboo-terminates-drill-hole-in-vein-zone-due

Orosur Mining Inc Announces Colombia Update

https://ceo.ca/@accesswire/orosur-mining-inc-announces-colombia-update-70094

AuMEGA Metals Announces Upsized Private Placement Financing of C$16.3 million

https://ceo.ca/@newsfile/aumega-metals-announces-upsized-private-placement-financing

Starcore Provides Updates

https://ceo.ca/@newsfile/starcore-provides-updates

Eloro Resources Increases Non-Brokered Private Placement Offering Up to $3,510,000 and Announces Closing of First Tranche

https://ceo.ca/@globenewswire/eloro-resources-increases-non-brokered-private-placement

Molten Metals Announces Company Update

https://ceo.ca/@thenewswire/molten-metals-announces-company-update

Denarius Metals Announces Updated Terms for Its Non-Brokered Private Placement of up to CA$8.25 Million of Common Shares

https://ceo.ca/@newsfile/denarius-metals-announces-updated-terms-for-its-non-brokered

Summa Silver Announces $5 Million Brokered Financing

https://ceo.ca/@globenewswire/summa-silver-announces-5-million-brokered-financing

Puma Exploration Accelerates Acquisition of Claims at Williams Brook

https://ceo.ca/@globenewswire/puma-exploration-acceleratesacquisition-of-claims

PPX Subscribes Engineering Procurement and Construction Agreement With Sertecpet

https://ceo.ca/@accesswire/ppx-subscribes-engineering-procurement-and-construction

QC Copper Acquires 100% Ownership of Roger Gold Project in Chibougamau, Quebec

https://ceo.ca/@newsfile/qc-copper-acquires-100-ownership-of-roger-gold-project

Bayhorse Silver Update

https://ceo.ca/@newsfile/bayhorse-silver-update

Sitka Drills 678.1 metres of 1.04 g/t Gold from Surface, Including 93.0 metres of 2.57 g/t Gold and 5.5 metres of 17.59 g/t Gold at Its RC Gold Project, Yukon

https://ceo.ca/@newsfile/sitka-drills-6781-metres-of-104-gt-gold-from-surface

ORION MINE FINANCE PROVIDES UPDATE ON ITS BENEFICIAL OWNERSHIP OF COMMON SHARES OF SANDSTORM GOLD LTD.

https://ceo.ca/@newswire/orion-mine-finance-provides-update-on-its-beneficial-61acb

Latin Metals Secures Key Permit to Advance Exploration at Esperanza Copper-Gold Project, San Juan Province, Argentina

https://ceo.ca/@globenewswire/latin-metals-secures-key-permit-to-advance-exploration

ARIS MINING ANNOUNCES LAUNCH OF US$400 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES

https://ceo.ca/@newswire/aris-mining-announces-launch-of-us400-million-senior

Silver Bullet Mines Announces Closing on Oversubscribed Debenture

https://ceo.ca/@newsfile/silver-bullet-mines-announces-closing-on-oversubscribed

Honey Badger Silver Grows Nanisivik Project

https://ceo.ca/@newsfile/honey-badger-silver-grows-nanisivik-project

Lancaster Resources Provides Corporate Update

https://ceo.ca/@globenewswire/lancaster-resources-provides-corporate-update

Looks like the Crimex has to take on London’s mess this am. Question is whether the Crimex has enough problems of their own with silver. If not, we may be looking at a runaway train again today.

I didn’t think we’d hold the overnights, but we instead got stronger. Silver up a nice, soothing $.60 this am, Gold up $19 and it appears they are strengthening.

I guess the dollar being flat – and not up, gave punters the go ahead. SM is weak, 10 yr. up another 2 bips to 4.2%, Oil up near $71, Bitcoin flat. PM shares firm, but not as strong as they were yesterday am.

Believe it or not, and I’m not saying it will happen, but I could see us run up to the $36, even $38 area very quickly. I’d think that might drag gold up to $2800. I know it sounds like crazy talk, but the only thing standing between us and higher prices is the dollar, which is even more overbought than silver. The dollar is staring down at a double top that stretches back to June.

How strong are we that we are rallying in the face of a strong dollar and higher rates? Seems maybe western fiat currencies are losing their luster. BRICS meetings started today and go until Thursday. Are we going to sell the news, or are they going to break our fiat?

The Fed can’t like rates rising here, that’s a big problem for them because US debt is unsustainable. Something’s gotta give.

Crimex opens in an hour. They have their hands full.

here’s hoping yr daughter gets better soon……

Wartime Color Classic
https://railpictures.net/photo/851313/