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

5 am EST

Posted by Buygold @ 5:19 on January 16, 2025  

Up a little in the overnights. Gold just above 2700 @ $2707. Silver trying to push back toward $31 after briefly punching above an hour ago or so.

Dollar up a little, but down against the Yen. 10 yr. up 2 bips.

SM mixed, with the DOW flat and the QQQ’s up .3% sort of drifting lower. Oil flat after pushing through $79. Bitcoin down 1% after popping above $100K again.

PM shares inching up, call it 1/2%

Eco data will probably be a factor for us. Retail Sales, Philly Fed, Weekly Jobs Report

Too early to know what the day will bring but seems like the shares are going to need to play catch-up or the metals will probably head back south. JMHO

SNG

Posted by Buygold @ 5:02 on January 16, 2025  

“This is why I have gone almost entirely to phyz”

Key word – almost

Yeah, me too. Almost.

Aussie dollar at v interesting point…..

Posted by Maddog @ 4:47 on January 16, 2025  

The Aussie Dollar often moves with PM’s or even in advance….

AUDw

AUDd

RNO

Posted by Maya @ 2:51 on January 16, 2025  

“If Maya doesn’t trust crypto, I ain’t touching it !”

LOL!  I made my 50-bagger.  At the start I had 110 BTC.  If I had held to present, I’d be a multi-millionaire!!  But no regrets.  I’d probably be dead of a stress heart attack, too.  At present, the cost of power to ‘mine’ a bitcoin costs more than the price of the BTC.  The ongoing blockchain network gobbles an obscene amount of electric power.  I don’t see it being practical in the long run.  It’s a ponzi that most cannot see.  If there is a power or internet crisis… it’s all vapor!

Gold Train

Posted by Maya @ 2:41 on January 16, 2025  

From the Streets of Laredo
https://www.railpictures.net/photo/873866/

 

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