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

Ipso – if you were stranded in post-flood Asheville, NC without power or communications, and there was a guy out there that had a helicopter or a four-wheel ATV and could get you and your family out, what do we think he would be more likely to take as payment for transport? Promise of Bitcoin that you can’t show him you actually have, or can transfer to his account, cash or silver or gold? I’m pretty sure I wouldn’t take the promise of Bitcoin at a later date, and it’s not even likely the guy has a Bitcoin account. Even if we were Bitcoin billionaires, our ability to pay would be zero. I don’t understand the lure of Bitcoin, it feels like it’s a front for the CBDC’s.

Captain – makes sense. Seems the last COT report, the bigger buyer of short positions were the non-commercials. It almost looks to me like they are playing the same game but in the opposite as the banksters. I’ve always felt the only reason the banksters ever held any long positions was to dump them on the market at opportune times so they could bank their shorts for a profit.

You’re right, things aren’t working as easily as they used to.

Looking at it in hindsight, it looks like today’s early ramp was a setup to try and trigger waterfall selling going into the Comex close.

They failed miserably. I would not be surprised if somebody in the big eight, or smaller dealers, are covering some shorts here.

That, with the constant foreign buying is giving da boyz a big headache you can be sure of that.

I could say more, but I won’t.

Better things to do with my time.

They are slowly becoming irrelevant.

Chuckle

Unlike Gold, Bitcoin Is Not A Safe-Haven

The chart below shows a tale of two assets: gold and Bitcoin. At approximately 9:32 AM EST, reports began circulating that Iran was imminently preparing to launch ballistic missiles at Israel. Interestingly, gold and Bitcoin responded in starkly opposite ways—gold surged while Bitcoin plummeted. This price action confirmed a long-standing frustration I have with Bitcoin: it behaves more like a risk asset than a true safe-haven. If Bitcoin were truly “digital gold,” I would expect it to rise during periods of geopolitical turmoil, not decline.

https://www.zerohedge.com/markets/unlike-gold-bitcoin-not-safe-haven

continuing to hang around here at $2650. I don’t see that as anything significant other than a semi-round number, but it seems to have become a magnet as Sinclair used to call them. Hopefully it’ll end up being a launching pad. Who knows.

The Captain picked up on the Yen carry trade that I clearly missed the last week or so. It is definitely unwinding but nevertheless gold remains strong, silver is just a surprise. Will be interesting to see what happens when the Yen carry reversal runs its course.

Not sure how we get more bullish than things seem to be right now.

Course my remarks are being monitored by the scum, and no doubt they’ll make me eat these words. 🙂 🙂

Then again, maybe not.

I’ve seen predictions that you could be right about nukes. One particular group put the date around October 9th, another on October 12th. Scary stuff. I have no desire to survive a nuclear exchange.
Apparently they also caught some border crossers I believe in Washington state with some RPG’s. These are very uncertain times, and definitely time to get right with God.

Lastly, there’s been speculation that they can actually modify the weather, and that what happened in these storms was directed at these swing states GA. & NC. False flag. Judging from the response from the Biden administration it almost seems reasonable. I’ve never seen a government so disinterested in its own people.

What our pm’s are doing may be meaningless in a couple weeks. They cannot give up power to Trump, RFK, Elon, Flynn, Tulsi, etc. The whole government would be shaken from the sheer amount of arrests and exposure.

And then there’s P Diddy and his parties….

Ya they just canceled the yen carry trade again and voila … $ through the roof.

I didn’t know what card they played until I looked.

I thought it was going to be something to do with one of the wars.

They have unlimited cards they can pull out of their collect butt anytime they want now with all these wars going on. But with the election coming they won’t this month because it looks like they are going to lose.

So, they will cancel the election.

But in order to do that they need WWIII.

So, it’s possible nukes will fly this month at some point. (I don’t really think so – it’s all Kabuki Theater right)

No laughing matter.

But when you give eight-year-olds the keys to the castle … this is what you get.

Have a nice day.

That was a lot of selling pressure. Can’t believe we’ve staved it off for now.

Don’t think they’ll get away with this when the Chinese get back to work. Crazy

They’re fighting it, but definitely feels like short covering.

We’ll set our sights on $32.50 and see what happens then.

Don’t want to see a reversal but the dollar is ridiculously strong

Here comes the tamp down.

If it fails silver could go ballistic here.

Few traders are expecting such an outcome, which is why it can happen.

A breach of $32.50 is early warning that at $33 a bunch of short covering would be triggered.

Expect the battle royale at $32.50 again.

Everything is crossed … again.

Chuckle

Nice action in silver!

Wow! This is unexpected except by him I guess. Seems silver has laser sights on $33 very soon.

Beautiful.

IRANIAN MULLAH CLAIMS ISRAEL USED GENIES TO HUNT HEZBOLLAH LEADER

Mostafa Karami, a prominent Iranian mullah, suggested that Israel relied on genies and demons to carry out its military operations, including locating Hezbollah leader Hassan Nasrallah.

He claimed that Israel has had access to “cosmic science” and a supernatural army since the time of David and Solomon.

https://x.com/MarioNawfal/status/1841450521858568231

despite the dollar on a tear again. Good to see it veer away from $31. Gold seems like it wants to hang out around $2650.

So much for the dollar making that double bottom, bit of a surprise. But if gold is headed higher regardless, better for us.

Shares look OK even with the SM a little weaker.

Oil up near 3%. Bitcoin drifting down toward $60K after being above $65K over the weekend. Rates ripping up 6 bips to 3.8%

PM’s should not be doing as well as they are given the dollar and rates.

ADP report was a healthy beat. Mortgage refinances were an ugly miss. Hard to believe we’re looking at another phony jobs report on Friday already. I guess they’re also rigging the ADP report now. This administration will lie about anything and everything and get their cronies to do the same.

Plan to YouTube the debate between Vance and Walz later. I don’t know about you guys, but I have a really tough time watching because the moderators are so bias. I didn’t even bother to watch Trump/Harris debate.

If you want real polls, this is where to get them. This guy does the work. All that’s left is the steal.

Abcourt Begins a Drilling Campaign to Enhance the Mining Potential at Depth at the Sleeping Giant Mine

https://ceo.ca/@globenewswire/abcourt-begins-a-drilling-campaign-to-enhance-the-mining

Rio2 Receives All Key Sectorial Permits for Construction of Fenix Gold Mine

https://ceo.ca/@globenewswire/rio2-receives-all-key-sectorial-permits-for-construction

Yorbeau Signs Agreement to Sell the Rouyn Property to Australian Investors

https://ceo.ca/@globenewswire/yorbeau-signs-agreement-to-sell-the-rouyn-property

Honey Badger Silver Buys Yava Deposit, Continues to Build Silver Inventory

https://ceo.ca/@accesswire/honey-badger-silver-buys-yava-deposit-continues-to

Torq To Raise up to C$2 Million In Equity Financing

https://ceo.ca/@accesswire/torq-to-raise-up-to-c2-million-in-equity-financing

GSP Resource Exploration Target Modelling Indicates Open Pit Potential at Alwin Mine Copper-Silver-Gold Project

https://ceo.ca/@thenewswire/gsp-resource-exploration-target-modelling-indicates

Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Raja Step-Out Drilling Returns Multiple Significant Intercepts

https://ceo.ca/@accesswire/mawson-finland-limited-further-expands-the-known-mineralized-78306

Harvest Gold Contracts IOS Geoscientifiques for Soil Geochem, Prospecting and Mapping on its Urban Barry Properties in Quebec

https://ceo.ca/@thenewswire/harvest-gold-contracts-ios-geoscientifiques-for-soil

Radisson Announces Additional Upsize of Previously Announced Private Placement to $7 Million

https://ceo.ca/@globenewswire/radisson-announces-additional-upsize-of-previously

West Red Lake Gold Intercepts 44.17 g/t Au over 1.3m and 20.63 g/t Au over 0.5m at Upper 8 Target – Madsen Property

https://ceo.ca/@globenewswire/west-red-lake-gold-intercepts-4417-gt-au-over-13m

SILVER ONE COMMENCES DRILLING AT ITS HIGH-GRADE PHOENIX SILVER PROJECT, ARIZONA

https://ceo.ca/@newswire/silver-one-commences-drilling-at-its-high-grade-phoenix

Doubleview Gold Corp Announces Extension of Private Placement

https://ceo.ca/@newsfile/doubleview-gold-corp-announces-extension-of-private

Golden Horse Continues to Expand Southern Cross Footprint with Bullfinch Acquisition

https://ceo.ca/@newsfile/golden-horse-continues-to-expand-southern-cross-footprint

Kuya Silver To Strengthen Financial Position With Convertible Financing As Silver Production At Bethania Ramps Up

https://ceo.ca/@newsfile/kuya-silver-to-strengthen-financial-position-with-convertible

Silver Spruce Resources Inc. Announces Share Consolidation Proposal

https://ceo.ca/@accesswire/silver-spruce-resources-inc-announces-share-consolidation

Amex Exploration Announces $4.0 Million Private Placement with Investment from Eric Sprott and Eldorado Gold

https://ceo.ca/@newsfile/amex-exploration-announces-40-million-private-placement

New Pacific Metals Delivers Strong Economics for Carangas in Preliminary Economic Assessment

https://ceo.ca/@newswire/new-pacific-metals-delivers-strong-economics-for-carangas

Goldshore Announces $12.5 Million Private Placement to Accelerate Strategic Plan at the Moss Gold Deposit

https://ceo.ca/@globenewswire/goldshore-announces-125-million-private-placement

Osisko Development Closes First Tranche of Previously Announced Non-Brokered Private Placement for US$24.2 Million

https://ceo.ca/@globenewswire/osisko-development-closes-first-tranche-of-previously

Kenorland Completes Top-Up Right from Sumitomo and Centerra

https://ceo.ca/@newsfile/kenorland-completes-top-up-right-from-sumitomo-and

Jubilee Gold Exploration Ltd. Announces Update with Respect to Transfer of Listing to NEX and Appointment of a New Chief Financial Officer

https://ceo.ca/@newsfile/jubilee-gold-exploration-ltd-announces-update-with

Decade Resources Closes Private Placement for Total Gross Proceeds of $1,040,000

https://ceo.ca/@newsfile/decade-resources-closes-private-placement-for-total

Bravada Receives Approval to Extend Private Placement Closing and Updates Status of Recently Acquired East Walker Gold Project in Nevada

https://ceo.ca/@newsfile/bravada-receives-approval-to-extend-private-placement

Fremont Gold Announces Debt Settlement Agreement

https://ceo.ca/@newsfile/fremont-gold-announces-debt-settlement-agreement-879b2

Mx2 Mining Announces $15M Brokered Private Placement and Board Appointments

https://ceo.ca/@globenewswire/mx2-mining-announces-15m-brokered-private-placement-525b6

Equity Continues to Intersect High-Grade Silver on the Camp Deposit and the New Camp North Target; Begins Fall ’24 Drilling on the Silver Queen Project, BC

https://ceo.ca/@newsfile/equity-continues-to-intersect-high-grade-silver-on

Red Pine Closes C$11,000,358 “Bought Deal” Private Placement

https://ceo.ca/@globenewswire/red-pine-closes-c11000358-bought-deal-private

Eros Resources, MAS Gold and Rockridge Resources Sign Definitive Agreement to Complete Strategic Three-Way Merger to Create an Advanced High-Grade Gold and Copper Exploration Company in SK, Canada

https://ceo.ca/@newswire/eros-resources-mas-gold-and-rockridge-resources-sign-09518

Doubleview Provides Exploration Update at the Hat Polymetallic Mineral Deposit, 2024 Drilling Now Exceeds 7,500 m

https://ceo.ca/@newsfile/doubleview-provides-exploration-update-at-the-hat-polymetallic

CANTEX RECEIVES EXCEEDINGLY HIGH GERMANIUM RESULTS FROM DRILLING AT THE MAIN ZONE AT ITS 100% OWNED SILVER-LEAD-ZINC NORTH RACKLA PROJECT, YUKON

https://ceo.ca/@newswire/cantex-receives-exceedingly-high-germanium-results

Lion One Drills High Grade Gold in West Zone Exploration, Reports Record Quarterly Production

https://ceo.ca/@newsfile/lion-one-drills-high-grade-gold-in-west-zone-exploration

Dynasty Gold Begins Phase Two 2024 Drilling at Thundercloud

https://ceo.ca/@newsfile/dynasty-gold-begins-phase-two-2024-drilling-at-thundercloud

AJN Resources Inc. Signs Agreement on the Highly Prospective 672 Square Kilometre Dabel Gold Project in Marsabit County, Northern Kenya

https://ceo.ca/@newsfile/ajn-resources-inc-signs-agreement-on-the-highly-prospective

Aztec Commences Step-Out Drilling Program at Tombstone Project, Tombstone Gold-Silver Mining District, Arizona

https://ceo.ca/@thenewswire/aztec-commences-step-out-drilling-program-at-tombstone

Yukon Metals Samples Bonanza Grade Gold, up to 3 oz/ton, and up to 57 oz/ton Silver from Multiple Areas at Star River

https://ceo.ca/@globenewswire/yukon-metals-samples-bonanza-grade-gold-up-to-3-ozton

Leviathan Gold identifies multiple targets and advances permitting activities at the Queen’s Birthday project in Victoria, Australia

https://ceo.ca/@globenewswire/leviathan-gold-identifies-multiple-targets-and-advances

South Pacific Metals Identifies Multiple New Copper-Gold Targets at the Kili Teke Project

https://ceo.ca/@newsfile/south-pacific-metals-identifies-multiple-new-copper-gold

Canterra Options Northern Ontario Ring of Fire Property to Major Mining Company

https://ceo.ca/@newsfile/canterra-options-northern-ontario-ring-of-fire-property

Silver Dollar Receives Permits for Discovery-Stage Drilling at its Ranger-Page Project in Idaho’s Silver Valley

https://ceo.ca/@newsfile/silver-dollar-receives-permits-for-discovery-stage

Velocity Agrees to Sell All Bulgarian Assets for USD $59.0 Million

https://ceo.ca/@newsfile/velocity-agrees-to-sell-all-bulgarian-assets-for-usd

StrikePoint Gold Inc. Announces up to CAD $3 Million Private Placement and Concurrent 10 for 1 Share Consolidation

https://ceo.ca/@newsfile/strikepoint-gold-inc-announces-up-to-cad-3-million

ANGEL WING METALS PROVIDES EXPLORATION UPDATE – LA REYNA PROJECT -MEXICO

https://ceo.ca/@newswire/angel-wing-metals-provides-exploration-update-la

One thing Walts mentioned when they did little to nothing for these people and still aren’t yet brings up  the 7 yr old boy whose mother, only survivor, grandparents and child  had no warning to evacuate and were on the roof that collapsed in the flood. His last words were Jesus Please Help Me.

https://news.amomama.com/437937-boy-7-found-dead-after-devastating.html?utm_campaign=483_542898&utm_medium=social&utm_source=facebook&utm_term=amomama_nostalgia&fbclid=IwY2xjawFpki9leHRuA2FlbQIxMQABHZGYLyQjWKOzzJ6V2XnUrhVIRAWWJiGhitrWBfnZb3HKjaI6-e8JMkL8hw_aem_fYd1QODkEue6T0JSNm-w5g

The dockworker strike may really affect farmers who market to the gulf. Things may get ugly very quickly.

Oklahoma had a serious hailstorm over a highly populous area that will cost hundreds of millions in insurance claims. The flooding results of the hurricane will cost billions. Insurance rates are going to skyrocket from recently higher rates. The reinsurance rates will seriously impact the large auto and property and casualty firms.

The yield curve going back to normal all but guarantees a very serious recession. I don’t see anyone in the current government that is remotely qualified to handle anything more serious than an ingrown toenail.

History tells us that a politically popular war follows a severe economic depression. It’s not too difficult to see what lies ahead. Seems the only variable left is when.

Enough bad news for tonight.

rno

Well said.

In case anyone wants to help out with the hurricane victims ,

here is a link to the Go Fund Me that President Trump has instigated.

Sad and strange that this “storm” so accurately appeared in an area that is not only pro-Trump, but has a lithium source.

People now four days into it, and no real national aid response, although they did send a contingent of the Tennessee National Guard over to the Middle East.

Anyhow,

https://www.gofundme.com/f/support-hurricane-helene-victims-with-president-trump

and yet nobody here in the US has even noticed. One reason why $3K plus is in the cards sometime soon.

For example: NVDA 249M shares traded – GLD 8.8M shares traded, SLV 22M shares traded

Imagine if that volume flipped…

Thought they’d bring the SM all the way back, doesn’t look that way.

Do we give our gains back tomorrow, or are we home free?

https://www.moneymetals.com/news/2024/10/01/gold-overtakes-euro-to-become-second-largest-central-bank-reserve-asset-003505

the algo’s are engineering yet another squeeze on the SM. PM’S and the dollar ease a little, but the miners stabilize. Rates come back up, but Bitcoin loses more ground.

These markets are so ridiculous anymore.

At least pm’s aren’t crashing.

We’re all over the map. Especially silver.

Clearly the driver today was war. So, we’ll see what happens now that the initial attack is over.

Just getting started I suspect.

War Begins: Iranian Ballistic Missiles Rain Down On Israel

Update(1241ET): Bombs away… Israel’s military in a breaking news wire says rockets have been fired from Iran at Israel. The IDF says it has engaged its Arrow-2 and Arrow-3 anti-air defense missiles. CNN has confirmed that Iranian missiles have made impact on Tel Aviv.

The White House says it has convened an emergency meeting with VP Harris and national security teams. Warning alarms from Israel’s home front command are currently sounding in Jerusalem and elsewhere. Israel getting pounded:

https://www.zerohedge.com/geopolitical/white-house-warns-iran-imminently-launch-ballistic-missiles-israel