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

Gold Train

Posted by Maya @ 23:54 on December 23, 2024  

North Jersey’s Holiday Train
https://www.railpictures.net/photo/874063/
https://www.railpictures.net/photo/874064/

 

ipsofacto

Posted by Maddog @ 20:27 on December 23, 2024  

I will check re the workers….Though they all seem to have big suntans !!!!

@ Buygold @ 11:12

Posted by old-timer @ 17:51 on December 23, 2024  

RE: Frst Majestic

On Saturday, i received a huge book from them , something about a merger,

and a voting slip, asking  “approve Yes or No”.

Something about issuing new shares, and merging with a company named Gatos.

The book is 8 1/2 ” X 11″ X 1/2″, so I did not read very much, and how I vote my tiny holdings won’t matter worth squat,

so I filled in “yes”, and signed the form and mailed it off.

Having fun watching the Fidelity Bit Coin ETF I put in my IRA.

The whole thing about how to buy Bit Coin, and the wallet stuff, I’m just too old, so the ETF is kind of fun.

.

 

Maddog

Posted by ipso facto @ 16:00 on December 23, 2024  

Are the dump workers driving Mercedes?

Eruption!

Posted by Maya @ 15:49 on December 23, 2024  

Kilauea Volcano began erupting this morning at 0219am local time.  No danger to life or property.  Fountains confined to Halemaumau crater at the summit.

https://www.youtube.com/usgs/live

 

yet another reason why PM shares are so weak

Posted by Maddog @ 14:47 on December 23, 2024  

I was looking for a quote on Reyna silver on Yahoo finance today and look what popped up

https://finance.yahoo.com/quote/4ZC.MU/

Reyna silver being traded on the Munich Stock market…I had no idea that Munich as a stock mkt, let alone the likes of Reyna trade on it…turns out there are 11 different stock markets in Germany…..Then a bell rang…yup Germany does have a load of SM’s and they never police the shorts for delivery……….a while back a scandal blew, where they had shorted more stock than had been issued ….

Germany for all it’s great engineering, has always been fast and loose when it comes to finance…..

I wonder if Reyna know their stock gets traded on Munich….

ipso facto

Posted by Maddog @ 14:24 on December 23, 2024  

When I take stuff to our dump, a lot of the electronic stuff gets put in a separate place and the boys then ‘sort it out’ later…..I suspect that the Harddrive was sold on….and the Council cannot admit that….

As yr right ..he is offering them a decent cut…I forget how much…but it is now large….yr right it makes no sense.

Mr Copper for Fed head…..Trump has missed a trick.

Posted by Maddog @ 14:19 on December 23, 2024  

Maddog @ 12:42

Posted by ipso facto @ 12:57 on December 23, 2024  

LOL He should have thought that one out a bit!

I’ve read some about the situation. It’s quite outrageous that the Town council isn’t allowing him to look at the dump. A money making deal could be made for the benefit of the public!

Cheers

ipsofacto

Posted by Maddog @ 12:42 on December 23, 2024  

re Onion/Tulip….great story……similar is the Guy who fell out with his girlfreind over here….after a while she called him up and said what are u gonna do with all yr stuff, that is still here and he said I don’t care, throw it out…so she did and the council took it all away……except a few days later he realised that his Bitcrap wallet was on a harddrive, at her house……When he called to see if she had dumped it she said of course…you told me to……

Ever since he has been trying to persuade the council to let him look for the Harddrive at the local dump and they keep refuseing……I don’t know what it was worth then…but when it went through $ 100 K it was worth nearly Half a billion Sterling !!!!!!

Bitcoin getting punched in the mouth

Posted by Buygold @ 11:59 on December 23, 2024  

Down almost $2K

If Bitcoin were ever really to pull back would it help our metals?

Now that they have all the Bitcoin ETF’s set up, they can commence with the raping and pillaging. I remember when GLD came out and initially we thought it would be a boon for gold. Now I believe it’s one of the most egregious weapons they use against us. I think it went higher in the beginning too.

The scum never changes, graft is their main priority.

Greg Hunter Karen Kingston

Posted by goldielocks @ 11:51 on December 23, 2024  

Their going to try to dump a plandemic and food shortages  just in time for Tump inauguration. They are paying farmers for a ” program” to basically giving the health of their livestock away to big pharma that will include culling and vaccinations. We already know nursing mother’s who were vaccinated with mRNA some of those babys died including a baby who was given blood on a scheduled surgery even after the parents did not want the baby to get vaccinated blood and they did anyway resulting in the baby’s death. Now they want to vaccinate milking cows. Their after destroying meat and dairy products.

 

 

On This Day In 1913 The Feeble Reserve Act Was Created by President Woodrow Wilson

Posted by Mr.Copper @ 11:36 on December 23, 2024  

President Woodrow Wilson-( After breaking with the engineers of the Fed Act, and near his death), “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men.

We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world — no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

Many historians also “blame” him for nazism, Bolshevism, hitler and WWII. Summarizing, the logic goes like this: Wilson gets USA into WWI, which was dying down to a stalemate at that late date and was headed for a cease fire between Germany / France & UK. USA breathes fresh life into the war, so millions more die and scales are tipped in favor of the allies. So then Versailles treaty and the Germans get their faces rubbed in the poop, so to speak. War reparations lead to punishing inflation in Germany, unemployment, high taxes, wounded national pride and burning resentment. Enter Hitler, stage left. Meanwhile Vlad Lenin makes the most of anti war exhaustion in Russia to deftly maneuver a very unlikely coup by a relatively small fringe Bolshevik party.

Wilson was also the biggest racist of all, he was the one who resegregated the federal government and significantly reversed many of gains made post civil war, he was also a Democrat and the leader/founder of the progressive large government movement.

The Federal Reserve at it’s root is the cause and solution to all of the US’s problems. Every war. Every program. Every conflict. Created by the massive credit line the Fed provides us. With no Fed, we would still have a gold backed currency and have to budget instead of frivolously spending with no end in site.

Comment:

Thats when the expansion of the fake money supply started, and the gradual elimination of gold silver and copper from the money supply. So they got the USA to finance WW I, the roaring 1920s, the depression, banning Gold ownership in 1934, raised the Gold price to $34 from $20/oz, leveraged it up for WW II spending, and Korea, and Vietnam, the moon landing etc etc. Who cares anyway. Its all over for the deep state now. The tipping point was the nine eleven attack on globalists.

First Majestic has been up all morning

Posted by Buygold @ 11:12 on December 23, 2024  

Not sure why. Not much, just an observation with some hope silver is about done getting smashed.
Dollar is relentless. Same with the bond selling.

They’re going to let you mine there as long as the gov is your partner … Oh joy

Posted by ipso facto @ 10:34 on December 23, 2024  

Two weeks ago
@nayibbukele
floated the idea of rescinding the metals mining ban, last week a law project passed committee, today it goes to Congress for final vote (& passes for sure). El Salvador means business.

More

Meanwhile

Posted by ipso facto @ 10:27 on December 23, 2024  

Nissan, Honda announce plans to merge, creating world’s No. 3 automaker

https://nypost.com/2024/12/23/business/nissan-honda-expected-to-announce-plans-to-merge-creating-worlds-no-3-automaker/

Dollar, rates and a weak SM

Posted by Buygold @ 10:08 on December 23, 2024  

Just a little too much for us.

Maybe there’s something to what Armstrong says about Gov’t. debt and defaults in the near future. He mentions pensions and their mandated levels of treasury holdings. They’ve got to be bleeding out pretty good these days.

Posted by ipso facto @ 8:14 on December 23, 2024  

Ongold Announces Closing of Acquisition of Monument Bay and Domain Projects in Manitoba

https://ceo.ca/@newsfile/ongold-announces-closing-of-acquisition-of-monument

IAMGOLD Announces Amended and Upsized Credit Facility

https://ceo.ca/@newsfile/iamgold-announces-amended-and-upsized-credit-facility

Salazar Resources Announces Purchase of Ecuadorian Exploration Properties from Silvercorp Metals Inc.

https://ceo.ca/@newsfile/salazar-resources-announces-purchase-of-ecuadorian

Aztec Intersects 0.60 gpt AuEq over 114.3m, continuing the expansion of the Shallow Footprint of the Broad, Oxide Gold-Silver Contention Zone, in 2024 Drill Program at the Tombstone Property, Arizona USA

https://ceo.ca/@thenewswire/aztec-intersects-060-gpt-aueq-over-1143m-continuing

Abcourt Launches Drilling Program to Awaken the Sleeping Giant at Depth

https://ceo.ca/@GlobeNewswire/abcourt-launches-drilling-program-to-awaken-the-sleeping

Cartier Silver Amends the Acquisition Agreement Payment Schedule for its Chorrillos Project, Southern Bolivia

https://ceo.ca/@GlobeNewswire/cartier-silver-amends-the-acquisition-agreement-payment

Orosur Mining Inc Announces Pepas Drilling

https://ceo.ca/@accesswire/orosur-mining-inc-announces-pepas-drilling

GoldMining Announces Renewed At-the-Market Equity Program

https://ceo.ca/@newswire/goldmining-announces-renewed-at-the-market-equity-program

Bunker Hill Announces Election to Issue Shares in Satisfaction of Debenture Interest Payment Obligations & Financing Cooperation Fee

https://ceo.ca/@GlobeNewswire/bunker-hill-announces-election-to-issue-shares-in-satisfaction-c35e8

LaFleur Minerals Announces Closing of Non-Brokered Flow-Through Private Placement for Gross Proceeds of $2,832,000

https://ceo.ca/@thenewswire/lafleur-minerals-announces-closing-of-non-brokered

Cabral Gold Announces Closing of Final Tranche of Private Placement

https://ceo.ca/@newsfile/cabral-gold-announces-closing-of-final-tranche-of-private

Sun Summit Announces Closing of Non-Brokered Private Placement

https://ceo.ca/@newsfile/sun-summit-announces-closing-of-non-brokered-private-a0336

Renegade Gold Closes $1,070,310 Private Placement of Flow-Through Shares

https://ceo.ca/@newsfile/renegade-gold-closes-1070310-private-placement-of

Canary Gold Corp. Commences Exploration in Brazil

https://ceo.ca/@thenewswire/canary-gold-corp-commences-exploration-in-brazil

Opawica Announces the Closing of Non-Brokered Private Placement

https://ceo.ca/@thenewswire/opawica-announces-the-closing-of-non-brokered-private

Kenorland Completes Top-Up Right from Sumitomo and Centerra

https://ceo.ca/@newsfile/kenorland-completes-top-up-right-from-sumitomo-and-727e0

Orla Mining Announces Filing of Special Meeting Materials and 43-101 Technical Report for Musselwhite Acquisition

https://ceo.ca/@newswire/orla-mining-announces-filing-of-special-meeting-materials

Adriatic Metals Files Application to Cease to Be a Reporting Issuer

https://ceo.ca/@accesswire/adriatic-metals-files-application-to-cease-to-be-a

Colibri and Its Option Partner Drills 94.80 g/t Ag and 1.12 % Zn over 2.50 Metres at the Diamante Property, Sonora, Mexico

https://ceo.ca/@newsfile/colibri-and-its-option-partner-drills-9480-gt-ag

Gabriel Resources … Proposed Share Consolidation

https://ceo.ca/@accesswire/proposed-share-consolidation

Equity Metals Closes Oversubscribed Non-Brokered Flow-Through Private Placement

https://ceo.ca/@newsfile/equity-metals-closes-oversubscribed-non-brokered-flow-through

Auric Minerals Announces Filing of Business Acquisition Report, and Changes to Management and Board

https://ceo.ca/@newsfile/auric-minerals-announces-filing-of-business-acquisition

G Mining Ventures Provides Corporate Update

https://ceo.ca/@newswire/g-mining-ventures-provides-corporate-update

Silver Spruce and Partner Colibri Resource Complete 2024 Drilling Program on Four Polymetallic Targets at Diamante Au-Ag Project, Sonora, Mexico

https://ceo.ca/@accesswire/silver-spruce-and-partner-colibri-resource-complete

North Bay Resources Announces Arrival of 42 Tons Gold Ore at Bishop Gold Mill, California

https://ceo.ca/@GlobeNewswire/north-bay-resources-announces-arrival-of-42-tons-gold

Colibri and Partner to Begin Diamond Drilling at Pilar and Closes Financing

https://ceo.ca/@newsfile/colibri-and-partner-to-begin-diamond-drilling-at-pilar

Caprock Announces Proposed Private Placement and Proposed Issuance of First Tranche of Shares Pursuant to Destiny Gold Project Option Agreement

https://ceo.ca/@newsfile/caprock-announces-proposed-private-placement-and-proposed

DynaResource Reports November Production and Management Initiatives at the San Jose de Gracia Mine

https://ceo.ca/@newsfile/dynaresource-reports-november-production-and-management

Comstock Sells Northern Mining Targets to Mackay Precious Metals Inc.

https://ceo.ca/@GlobeNewswire/comstock-sells-northern-mining-targets-to-mackay-precious

Holiday trading

Posted by Buygold @ 7:48 on December 23, 2024  

Dollar still moving northward. Rates flat with a northward bias. SM mixed, but also pretty flat. Bitcoin up 1% to $96K, but that’s down from $97k over the weekend.

PM’s mixed with gold down a few bucks and silver up 1/2% at last look. Shares also mixed.

These markets can be pushed around pretty easily with light volume, so I’m not sure what to expect this week. Seems most of the time the SM is up, pm’s are a coin flip. I guess we hope for upside but prepare for disappointment.

Armstrong is pretty negative on 2025 with the world economies and war. Says we should have cash in hand and expects the government debt defaults to arrive. Thinks the US neocons will drag Trump into war by April-May. Thinks Turkey will throw their weight around in the M.E.
2025 is a Jubilee year. 5950 on the calendar.

Ferrett and SNG

Posted by goldielocks @ 1:54 on December 23, 2024  

Right but remember with it comes to those big DS there not just digital currency but the digital gold on the stock market that will be just that and not diversified as some may think.

ferrett @ 0:57…….EXACTLY.

Posted by silverngold @ 1:45 on December 23, 2024  

So why does gold have value?

Posted by ferrett @ 0:57 on December 23, 2024  

After all, in one major respect it is no different to BTC, USD, LEK or yapstones. It is because people believe in it. It is no less a fiat currency than the others. It isn’t backed by anything. It just is.

I guess it all started 5,000+ years ago when european, north african and asian peoples realised that gold was different. There wasn’t much of it, and it didn’t rust or corrode. And it was beautiful. And heavy, which made it unfakeable. Easily worked. Easily tradeable, it could be used for barter for perishable goods, or animals; and thus it became a store of value. When paper currencies were developed by the Chinese, they were always redeemable for gold, and fully backed by it. The piece of paper was simply more convenient, lighter, easier to hide.

Later on in western cultures the paper currencies would be abused, by more paper being printed than there was gold to back it. And thus another advantage of gold became apparent. If you had gold – you had gold. If you had a paper promise for gold you didn’t have gold, you had a paper promise. Ummmm; a paper promise. A piece of paper, issued by the government, promising to give you some gold. What could go wrong.

My response to cryptocurrency conversations when they first started emerging from the primordial blockchain was “tulips”. This has not changed. What, exactly, do you have when you own a bitcoin? As far as I can see, you own the right to a particular sequence of zeros and ones which are stored multiple times in a disseminated network of computers. And in your personal crypto wallet, a hard drive or part of a hard drive which usually requires a password etc. etc. and so is secure. Or on a crypto exchange which makes it easier to buy and sell. So you own – what? What is a one or a zero? A distortion in a magnetic field? So you own the rights to a series of magnetic fluctuations? Whatever it is, it relies on a lot of sophisticated stuff to access and transfer (spend or acquire) them, which can be intercepted by hackers now, let alone when quantum computers arrive. Tulips seem a lot simpler.

Bitcoin is currently valued at $100,000 by the market. Maybe roughly the same as a skilled worker – certainly in Oz a skilled tradesman can earn that in a year. At the height of the tulip bubble a tulip sold for ten times the wage of a skilled artisan. On that metric BTC could reach $1m before the bubble pops. So plenty of time for everyone to jump on the bandwagon! YEEEEHARRRR!! Ride them coat tails.

Or, if you really want to clean up, issue your own. Surely the success of Dogecoin, which was issued as a joke, must be the ultimate sign that it’s all without foundation. It currently has a market cap of $46bn and a current supply of 147bn and no limit on how many can be issued. And it is, officially, a joke, poking fun at BTC. I think it’s performing its function perfectly.

So for me the metal has value over and above paper and crypto currencies simply because it a physical item that cannot be destroyed, even if it is lost in a South Welsh Newport landfill site (you’ve gotta doubt that a hard drive would still be functional after all these years). It cannot be hacked when you try to spend it or convert it to fiat. It just is. Tulips it is not.

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