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

Re War premium…..it sure looks like you’re right…..though I am surprised.

I was never really sure if we had a war premium for those conflicts in the POG. There was a blip over $2,000 when Ukraine started, but then it dropped back almost to $1,600! No, I think the long steady climb from October ’22 has been driven by world financials. The realisation that the current system is unsustainable, Chinese and Russian buying, the money printings of 2020 – 2022 coming home to roost, etc. etc. and now uncertainty about what a Trump presidency will really mean with tariffs, sanctions, DOGE etc. So I don’t think that peace will affect the POG, as I don’t think the wars, which the POG seems to regard as localised in nature, affected it in the first place.

From $1,600 to $2,700 in 27 months, and still a long way to go!

Thankfully we are looking at the potential end of the Ukraine war and peace in the ME, yet Gold is holding/going up….!!!!

I can’t ignore the super bullish TA in Silver, especially long Term…which says we take off straight up…that is how Saucers/Cup and Handles resolve….a battery would not create such demand, well not overnight…..but what would is finding out the price has been suppressed for decades and damn all is in the ETF’s ….Booom !!!!

Tks re the Aus Dollar…..i did think at the time I saw the line, that Trump has always said he wants/is happy with a strong Dollar…..

if they are telling you that silver, or solid state batteries will “literally take over all battery / energy storage / energy production functions moving forward” then we know that they’re lying to us. Because they are expensive, and they have a limited life. There will be recycling problems. We still don’t have a commercial method of recycling lithium batteries.

Maybe they will be suitable for mobile applications – cars, tools, planes etc., but for the last hundred years the go to battery for static energy storage has been iron nickel batteries. With a little bit of maintenance including regular (say every 20 years) replacement of the alkaline electrolyte these batteries last forever. Some of Edison’s originals are still in use. They don’t care about cycling. They aren’t so fussy about charging voltages, compared to every other type.

Over the last 25 years there have been many promises of new battery technologies, sodium, magnesium, redox, etc, so forgive me if I park the silver battery along with them in the “wait and see” category. Even the now ubiquitous lithium battery took 25 years from invention to commercialisation.

Not this time, methinks. There’s a reason for that precipitous fall – AUD was way overvalued and the fundamentals are still awful. Heavy reliance on China, huge green energy push rocketing electricity prices, inflation still hot (core inflation looks low, but state and federal govts have subsidised electricity with one off subsidies {more inflation!} such that we won’t be paying anything for over a year), unemployment still very low, housing still hot and much pressure for a cut in rates. The RBA is, of course, a non-political arm of the govt, but this is an election year. That last green candle looks to me like intervention, buying AUD to make it strong enough to justify a February rate cut. But the Aussie 10 year bond is hovering near its post GFC high – not a sign that rates are too high.

Some are doing that … most need capitol so they can’t.

Look what they did to AG shares for doing that … they will punish you.

I don’t hold a lot of hope in that regard.

That’s why it’s taking so long.

Maddog

You may be right if other factors cause huge price gains in the near-term. Not just vehicles but solar could be impacted as well. So here is hoping investment demand picks up, which it should once falling stocks pressure central banks to react to meaningful weakness. This year? I think so. We will see.

The leverage ratios on Comex and LMBA are huge so this must be dealt with at some point – which is the ultimate spoiler for the status quo.

This year me thinks.

Cheers

After a pause of several days, Kilauea Volcano has resumed erupting at the summit crater. Yesterday the Halemaumau crater again began fountains several hundred feet in the air.
https://www.youtube.com/usgs/live

Maya- Crazy idiot living on a volcano

We’re still in the stage of the game, actually the same stage that we’ve been in for the last 15 years, where the shares will not have strength unless the SM is strong, regardless of what the metals are doing. Unfortunately, I’m afraid the same thing applies to the metals.

Someday maybe.

https://x.com/MrStark_OG/status/1879884492971929753

Re Solide state batteries …They are a while away yet…and a lot more expensive than LiO batteries. I think Toyota are putting them in their lux range of Lexus vehicles first….

Still if EV’s prices keep collapsing and Silver stays strong….soon if the battery is Solid State, it will be worth more than the car !!!!!!

We’re going to be smilin big when real shortages of silver develop. I don’t see why that won’t happen.
What’s that Jesse Livermore saying … something like it was only my sitting tight in a bull market that made me real money. I’m all for it.

Cheers

These large miners should do what AG has done and start taking supply off the market. Their shares will take an initial hit but so what? It’s an still an asset on the books.

Screw these paper markets.

Nothing standing in their way. I suspect if they don’t get going soon the whole sector is going to get crushed tomorrow. This is terrible action.

If you understand the implications of these silver solid state batteries … you will realize that they literally take over all battery / energy storage / energy production functions moving forward – especially as hydrocarbon use continues to dimmish due to supply constraints.

The Silver Institue’s stats indicate that the ongoing silver supply deficit running four years now has been in the mid-hundreds of millions of ounces, and this does not include defense stats, which could equal these numbers knowing silver is a key component of smart weaponry.

The Silver Institute | The Global Resource

So, the efforts of Western governments and multinationals to keep silver subdued will fail at some point as reality bites – and prices will reset much higher.

It’s just a matter of time.

Tic … tic … tic … time is on our side.

Be patient with it.

Cheers all

PS Let’s talk about the elephant in the room next time – public demand – which is nonexistent right now within distracted developed economies – thanks to cryptos – this is why Trump et al is pushing them now. (it won’t work)

Dolly –

It seems buyable down here.

That’s going to be an expensive battery but well worth the money. I wonder if we get a discount if we provide the silver?

Wow an EV car with one of those solid state batteries sounds like a much more practical option … at least in the cities. Silver going much higher …

Starting at the 15 minute part. He’s a good chart reader, and so far, it looks like the USD is topping and Gold and Silver also looking to go higher.

https://www.youtube.com/@GarethSolowayProTrader

… the future is silver … because human beings need to move around in order to survive.

Silver demand spikes due to solid-state battery tech advancements. – Citizen Watch Report

Solid-state batteries, which replace the liquid or gel electrolyte with a solid one, require silver for their construction. Samsung, a leader in this technology, has developed a solid-state battery that promises a 600-mile range on a single charge, a mere 9-minute charging time, and a lifespan of up to 20 years. Each of these battery cells uses approximately 5 grams of silver, and with a standard 100 kWh battery pack in an EV potentially needing up to 1 kg of silver, the implications for silver demand are profound.

Silver is where it’s at folks.

Get you some.

Cheers

Re: Dolly Varden. I’ve made some bucks on that one and hold a bunch (for me) I’m waiting until their value is realized. Maybe a takeout I dunno.

“Do the juniors ever run? ”

Must you torment me!

https://x.com/i/status/1879883865747022245