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

As mentioned yesterday, the Dow/Gold Ratio had reached intermediate support (5 year low), and should see some support (even though it’s crashing).

Today we have stocks and bitcoin trading off dollar weakness more than PMs because of technical selling by CTAs (whoever).

Thing is, if physical deliveries remain high at Comex, and they are, one could think that the combination of that, and the big reduction in speculator open interest (OI) today in gold and silver, will at least bring gold back into the buy zone from an open interest perspective (allowing speculators – and physical buyers – to re-enter at an attractive level). We will see the damage tomorrow and in coming days.

Metals Daily Exchange Volume & Open Interest – CME Group

Silver, unfortunately, may continue to have a tougher time, because once this bounce in the Dow/Gold Ratio is finished, the crash in stocks could be epic, holding the commodity complex back due to growth/liquidity concerns. On this basis, things will not get better until another money printing binge starts.

That said, Trump’s tariffs may cause a global price reset higher (~10%?), which will raise the cost of production on all commodities. So if the cost of production for silver was already $26, soon it could be pushing $30(rounded). Add to this word is leaking that wait times for silver in London could be as long as nine-months now (a rumor) because the bankers continue to attempt to push people back into paper; and someday, some faithful day, the king will finally have no clothes.

They only have five months supply at current run rates.

Just a few thoughts to temper the emotion resulting from this raid.

It would be nice if gold can finish the week above $3,000.

Cheers all

Kudos to Clive Maund if that was the end of the $43-44 GDX correction.

WPM is up over 1/2%

Gold retakes $3100

This never happens – ever.

The shares are being bought/covered?

Someone made a ton of money on pm shares if they bought the open.

Gold now $25 off the lows? Silver still sucks, but that’s nothing new.

Germnan economy on it’s knees, massive gimmiegrant problem and they want to take on the Russkies.

Nothing smells right about this, in fact it stinks……….but someone is buying PM shares with both hands and it looks like no sellers……

but it almost feels like Blackrock and its Algorithm have cooked up a massive free fall, and taken out a lot of “stops” this morning…..

Kicking the dead body!

Dog

Gold down 3%

Dollar down 2%

Makes complete sense……not

Dog

Silver down 6%????

Maple Gold Intersects 2.05 g/t Gold over 108.6 Metres, Including 3.05 g/t Gold over 55.8 Metres, Within 300-Metre Step-Out in the Nika Zone, Defining a New High-Grade, Bulk Tonnage Target at Douay

https://ceo.ca/@newsfile/maple-gold-intersects-205-gt-gold-over-1086-metres

West Point Gold Intersects 41.15m of 0.83 g/t Au and 22.86m of 1.43 g/t Au at Gold Chain Project, Arizona

https://ceo.ca/@newsfile/west-point-gold-intersects-4115m-of-083-gt-au-and

Pasofino Gold Announces Co-Operation and Support Agreement with Hummingbird PLC and Nioko Resources, Changes to its Board of Directors and Actions to be Taken to Terminate its Shareholder Rights Plan

https://ceo.ca/@newsfile/pasofino-gold-announces-co-operation-and-support-agreement

Aurania Announces Non-Brokered Private Placement of up to $1.5 Million

https://ceo.ca/@newsfile/aurania-announces-non-brokered-private-placement-of-1493d

DynaResource Announces Metallurgical Test Work Results with Greater than 95% Gold Recovery

https://ceo.ca/@newsfile/dynaresource-announces-metallurgical-test-work-results

30,000m Drilling Program Announced for AurMac Gold Project, Yukon

https://ceo.ca/@accesswire/30000m-drilling-program-announced-for-aurmac-gold

Golden Arrow Files Technical Report for San Pietro Copper-Gold-Iron-Cobalt Project, Chile

https://ceo.ca/@newswire/golden-arrow-files-technical-report-for-san-pietro

Cabral Gold Drills 12m @ 27.7g/t Gold at the Machichie NE Target, Cuiú Cuiú Gold District, Brazil

https://ceo.ca/@newsfile/cabral-gold-drills-12m-277gt-gold-at-the-machichie

GFG Announces C$2.5 Million Flow-Through Private Placement

https://ceo.ca/@GlobeNewswire/gfg-announces-c25-million-flow-through-private-placement

P2 Gold Announces Positive Sullivan Zone Sample Assay Results from Gabbs Project; Commences Further Metallurgical Testwork

https://ceo.ca/@newswire/p2-gold-announces-positive-sullivan-zone-sample-assay

Walker Lane Resources Ltd. Notes Unusual Trading Activity and the Development of its New Website

https://ceo.ca/@GlobeNewswire/walker-lane-resources-ltd-notes-unusual-trading-activity

Avrupa Minerals Updates Progress at Slivova Gold Project, Kosovo

https://ceo.ca/@thenewswire/avrupa-minerals-updates-progress-at-slivova-gold-project

Benz Delivers a New High Grade Gold Discovery at Glenburgh

https://ceo.ca/@newsfile/benz-delivers-a-new-high-grade-gold-discovery-at-glenburgh

Excellon Advances Offtake Financing for Mallay Mine Restart

https://ceo.ca/@newsfile/excellon-advances-offtake-financing-for-mallay-mine

Lupaka … Arbitration Claim Update

https://ceo.ca/@GlobeNewswire/arbitration-claim-update-4c7c4

Dolly Varden Silver Announces Application to List on the NYSE American and Share Consolidation

https://ceo.ca/@newsfile/dolly-varden-silver-announces-application-to-list-on

Orezone Gold Announces Closing of Private Placement with Nioko

https://ceo.ca/@GlobeNewswire/orezone-gold-announces-closing-of-private-placement

Golden Ridge Resources Announces Amendment to Agreement to Acquire Majority Interest in Brazilian Mining Producer MM Group Ltda.

https://ceo.ca/@thenewswire/golden-ridge-resources-announces-amendment-to-agreement-0aeed

GoGold Announces Filing of Final Short Form Prospectus

https://ceo.ca/@newsfile/gogold-announces-filing-of-final-short-form-prospectus

Trigon Metals Provides Update on the Sale of its Ownership Interest in the Kombat Mine, Namibia

https://ceo.ca/@businesswire/trigon-metals-provides-update-on-the-sale-of-its-ownership

Doubleview Gold Corp 2025 Exploration Program

https://ceo.ca/@accesswire/doubleview-gold-corp-2025-exploration-program

Monument Entered Into a Collaboration Agreement, Gives GBR Access to Burnakura Mill

https://ceo.ca/@GlobeNewswire/monument-entered-into-a-collaboration-agreement-gives

Mines D’Or Orbec Announces Non-Brokered Private Placement for Gross Proceeds of Up To $1.1 Million

https://ceo.ca/@newsfile/mines-dor-orbec-announces-non-brokered-private-placement

Ramp Metals Initiates Drill Program for the Rottenstone SW Gold Property

https://finance.yahoo.com/news/ramp-metals-initiates-drill-program-120000119.html

Daura Gold Signs Community Agreement and Initiates Exploration Program

https://ceo.ca/@newsfile/daura-gold-signs-community-agreement-and-initiates

Silver Elephant to Start Paca Apuradita Silver Production in May 2025

https://ceo.ca/@newsfile/silver-elephant-to-start-paca-apuradita-silver-production

Silver Elephant Provides Update on Mining Production Contract with Comibol

https://ceo.ca/@newsfile/silver-elephant-provides-update-on-mining-production

Benton Intersects 5.97% Copper over 14.70 m at Great Burnt Main Zone and Discovers New Copper-Gold Zones 200 m North

https://ceo.ca/@newsfile/benton-intersects-597-copper-over-1470-m-at-great

Military Metals Commences Underground Lidar Survey at Its Flagship Trojárová Antimony-Gold Property in Slovakia, Antimony Achieves New All-Time High Price

https://ceo.ca/@newsfile/military-metals-commences-underground-lidar-survey

AbraSilver Reports Multiple High-Grade Silver Intercepts Extending JAC Mineralization at Diablillos; Including 63.5 Metres Grading 190 g/t Ag

https://ceo.ca/@thenewswire/abrasilver-reports-multiple-high-grade-silver-intercepts

Hope Maund is right…as, as of now this looks like a major crash scenario……Oil and the oil stox are saying the world just stopped !!!!!

Re collectively mad…..it has happened many times in history, long before any of those products existed……but i have never experienced it….thankfully…..though I do fear what may happen this time, as the madness is very widespread….and what is also very weird, is that all the same people say whoever is running them now, are a nightmare etc and they cannot wait to see them gone …yet they are certain Trump is way worse….despite not living in the US, or knowing that much about it.

maddog – yeah, the dollar is down over 2%. It doesn’t make a lot of sense though does it? I think it could probably fall a lot further before there would be any talk of raising rates to defend it. That alone should be super bullish for pm’s but the old guard is still in the game casting doubt on pm’s.

I think Trump sort of wants a weaker dollar to make our exports look more attractive anyway. He’s got some very smart people that have no doubt war-gamed this scenario for months, if not years. Howard Luttnick is a smart hombre. The media loves to frame Trump as this loose cannon who just does things willy nilly. I seriously doubt that’s the case.

deer79 – old Clive Maund, that’s a name from the distant past. 43-44 GDX is not much of a correction, it’s sitting at $44.50 right now. I’m not sure where he gets his “overbought” take. Whatever, I hope he’s right and that’s all we get. He’s right about the outlook. It should be excellent.

Silver down 5%. We haven’t seen a rally of 5% in years, I’m not even sure if I’ve ever seen one. Gold picking up downside momentum too as the dollar moves a little higher. Dollar now down only 1.7%. Imagine how bad it will get if the dollar only finishes down 1%.

“What these times have shown me, is how people can go mad collectively and start wars, based on lies, …….once evil people get control.”

Well said and isn’t that the truth.

There appears to be a mass psychosis, not sure if it’s the result of MK Ultra type mind control taking effect, or something else? Vaccines, chemtrails, fluoride in the water? Those would be the human explanations.

I don’t think it’s any of those things actually, I think it’s all explained Biblically.

…another chart guy that I like is named Clive Maund (although I fully admit that the algos have somewhat diminished the effectiveness of technical analysis).

A snippet of his latest….

Lastly, while the medium and long-term outlook for the sector could scarcely be better, we should be aware that it is overbought after its latest runup with somewhat bearish candles appearing on the charts late last week, especially on Friday. We should therefore not be surprised by a period of consolidation or reaction over the near-term. However, any such reaction, which is not expected to take GDX below about $43 – $44, will be viewed as a major buying opportunity.

The SM is saying Tariffs will fail and wreck the economy….which means that Trump cannot solve the debt issue….so why are rates falling apart, yes a weak SM usually means rates ease….but only in normal times …in a debt crisis rates only go up….Idiot Algo’s aren’t programmed for that….

Gulf States Refuse To Let US Use Bases, Airspace For Iran Attack

https://www.zerohedge.com/military/gulf-states-refuse-let-us-use-bases-airspace-iran-attack

The US mkts tend to lead the Worlds mkts……so who decided in the US to dump stocks based off Trumps Tariff decisions…..It sure wasn’t the general public, he is very popular and obviously trying to help the US economy…you don’t dump stox on that basis.

So the phones won’t be ringing off the hook on Wall st today as investors, tell their brokers to get ’em out, nor will people be dumping their 401 K stox allocations.

Which makes me think, this is a hit by the Globalists…whose Currencies are exploding …WHY ???????and as Buygold said…..the MSM will be screaming for weeks, about how Trump wrecked the World……

The Dollar move vs the Euro/UK is the one that makes no sense …The Euro’s want a war with Russia, are totally defence less…yet this move is saying the Euro/Pound is the safest bet, vs the Dollar…..when the US is armed to the teeth…..

Re BEF…..indeed…but remember we still had the worlds biggest navy, vast numbers of men in the army etc….what we didn’t have was any decent equipment as u say, it was only when the US came in, that we were shamed into making decent kit…like the Churchill tank, that could compare to the Sherman.

Plus Hitler was advancing all, over the place….Wheras Putin is only in Ukraine and peace talks are starting.

I think there would be some major resignations, from the Armed forces, if they were told to take Russia on …..Don’t get me wrong, vast numbers of people would cheer such a move …war would have started had we the forces…thank God we don’t.

What these times have shown me, is how people can go mad collectively and start wars, based on lies, …….once evil people get control.

Silver getting crushed for over a buck below $33. Gold down too, but not nearly as bad as its industrial shit sister.

Bonds are the only asset rallying at the moment.

How is the world responding to the tariffs? They are dumping dollars bigly. That will help us eventually, just not today.

We’ll see how things look in a couple or hours when the Crimex takes their chunk of flesh.

This is what the pm shares have been telegraphing for the last week.