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

WALTZ: How much do you think the Air Force pays for this bag of bushings?

USAF SEC. KENDALL: I don't know, Congressman.

WALTZ: $90,000. pic.twitter.com/K1OpbQedbb

— Congressman Waltz Press (@RepWaltzPress) April 17, 2024

but certainly could have been a lot worse, things can always get much worse. The large cap shares and especially the royalty companies I follow outperformed. Seems like the metals are just consolidating a few days for the next leg up. We were way overbought. I suspect if the metals had a bunch more downside, the shares would have sold off instead of firming up.

Hopefully we can start attacking $2400 and $30 again soon.

I thank you guys for all those responses. They all make sense. In fact the oil short ETF, SCO is up over 5% today. I got lucky with DJT I’m up 8% so far.

Re Oil

A well needed correction……one that the Vegetable in the White house will be happy to see, as he might get to buy some for the SPR….a lot of the Oil shares have been up 9 weeks on the trot…..a bit more down sideways and then it can run again….

deer79….didn’t see yr post …tks…..though if they drain the SPR, they still have to buy etc….

Getting hit hard, probably for the reason deer79 stated.

Bitcoin is also getting hit hard, down 4.5%. Still $60K overvalued.

They are playing games with gold and GLD, to a lesser extent SLV. Glad the shares aren’t biting.

Now with all the Bitcoin ETF’s, I imagine it will get the same treatment.

It all has to do with election year machinations……….

The US needs a scapegoat so they can rationalize draining the SPR again….

US Prepares To Reimpose Venezuela Oil Ban As Biden Seeks Scapegoat To Resume Draining SPR

Tyler Durden’s Photo
BY TYLER DURDEN
WEDNESDAY, APR 17, 2024 – 11:00 AM
For much of the past year, we had joked that behind the facade of western Democratic ideals, was a cold hard truth: the price of oil must not be allowed to go up in an election year. This was obvious in Biden’s “kid gloves” treatment of Iran’s regime, it was obvious when the US implemented “sanctions” on Russian oil that were breached within months with zero enforcement, it was also obvious when the US president became best friends with Venezuela’s dictator Nicolas Maduro last October when, in exchange for a few thousands barrels of Venezuela’s oil, the US lifted sanctions on the person that for years was one of western “democracies” biggest enemies.

https://finviz.com/futures_charts.ashx?t=ENERGY&p=d

Shares are still surprisingly strong considering the SM and the metals.

Weird day.

Yes. Hopefully much improved. 👍

I didn’t think they’d be able to drag us down with the market, thought we had too much underlying strength. Maybe I’m wrong though. Should be doing better with the dollar down.

SM is in trouble.

Trump Media & Technology Chart:  https://schrts.co/JAgztpQQ

“Looking forward to pm share earnings in a few weeks”

Roger that! The quarter after should be looking good too. Maybe that’s just the tonic the shares need.

It looks like she broke in the door’s window. I don’t think an employee would do that. Also the people filming thought the police were going to charge her.

But they won’t be able to do that. HUI acting perfectly.

adogsbody – agree with you on GOLD

Yes, she tried to open the door to the restaurant but then began picking up the stuff that was already spread on the sidewalk and putting it into a bag…like cleaning up a mess someone else had made in front off where she worked. Looks to me like the cops knew her; she probably worked there but the boss wasn’t there yet…or something like that!

This is footage of a failed society ……

A woman in Sacramento, CA breaks into a restaurant and POLICE don't stop her.

Instead, they talk for a second and then continue down the road.

🚨🚨🚨 pic.twitter.com/iUYzh7QWee

— Wall Street Silver (@WallStreetSilv) April 17, 2024

Took it on the chin yesterday. Production reduction due to maintenance. Looks way overdone.

Maintained annual guidance…

Probably positive as that production lost in Q1 will be sold at higher prices later!

Dog

Seems like it’s been awhile. SM loves it.

Freegold Reports 2023 Final Results – Continues to Confirm Western Expansion

https://finance.yahoo.com/news/freegold-reports-2023-final-results-100000752.html

Fortitude Gold Reports Preliminary First Quarter Production

https://finance.yahoo.com/news/fortitude-gold-reports-preliminary-first-130000244.html

Sokoman Minerals Update on Moosehead Gold Project, Central Newfoundland

https://finance.yahoo.com/news/sokoman-minerals-moosehead-gold-project-130000543.html

IMPACT Silver Announces Full Year 2023 Results

https://finance.yahoo.com/news/impact-silver-announces-full-2023-152800313.html

McEwen Mining Announces Friendly Acquisition of Timberline Resources

https://finance.yahoo.com/news/mcewen-mining-announces-friendly-acquisition-163100494.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS8&guce_referrer_sig=AQAAABlgw9bTFoOHd8cz19lp3ar3zaro-dQXhzf3E854PnULfNuUzAMO-Wyog2vNIw9R1T_5oGYtCZmRAqJ__YUvXgZ3582JFvswUdT2Tu0IbVjX2nYu-d6ZDt96nsg9RQz4m2y9ov0-FPc1_dDuHbdYkgCXVTb6EA8JBIHIAp_7lM3I&_guc_consent_skip=1713355814

American Pacific Closes $4,500,000 Non-Brokered Private Placement

https://finance.yahoo.com/news/american-pacific-closes-4-500-203000163.html

GALIANO GOLD REPORTS 2024 GUIDANCE, PRELIMINARY Q1 OPERATING RESULTS AND A 38% INCREASE IN ABORE M&I MINERAL RESOURCES

https://finance.yahoo.com/news/galiano-gold-reports-2024-guidance-210000131.html

New Found Intercepts 14.8 g/t Au Over 5m at Honeypot & 43.1 g/t Au Over 2m at Jackpot

https://finance.yahoo.com/news/found-intercepts-14-8-g-103000542.html

Onyx Gold Intersects High-Grade Gold at GM Vein on Munro-Croesus Project, Ontario

https://finance.yahoo.com/news/onyx-gold-intersects-high-grade-110000432.html

Labrador Gold Files NI43-101 Technical Report for the Kingsway Project

https://finance.yahoo.com/news/labrador-gold-files-ni43-101-113000151.html

Gold Terra Deep Drilling Intersects Con Shear and Gold in Hanging Wall as Hole Progresses Toward Campbell Shear Target, Con Mine Option Property, NWT

https://finance.yahoo.com/news/gold-terra-deep-drilling-intersects-113000216.html

Bullion Gold Adds 40 New Cells to Its Bodo Project in Jamesie

https://ceo.ca/@newsfile/bullion-gold-adds-40-new-cells-to-its-bodo-project

Riverside Expands Pichette Gold Project Target, Progressing Discovery in NW Ontario

https://ceo.ca/@newsfile/riverside-expands-pichette-gold-project-target-progressing

Elemental Altus Royalties 2023 Full Year Results: Record Annual Revenue, Gold Equivalent Ounces, EBITDA, and Maiden Quarterly Profit

https://ceo.ca/@newsfile/elemental-altus-royalties-2023-full-year-results-record

Salazar Resources Announces Closing of Private Placement

https://ceo.ca/@newsfile/salazar-resources-announces-closing-of-private-placement

Bear Creek Mining Announces Q1 2024 Mercedes Production of 12,228 Ounces of Gold

https://ceo.ca/@newsfile/bear-creek-mining-announces-q1-2024-mercedes-production

STLLR Gold Announces Remaining Tower Gold Project Infill Drilling Results

https://ceo.ca/@businesswire/stllr-gold-announces-remaining-tower-gold-project-infill

Orogen Royalties Announces Nevada Exploration Programs and Alliances

https://ceo.ca/@accesswire/orogen-royalties-announces-nevada-exploration-programs

Dynacor Group Reports Sales of US$20.7 Million for March 2024 and Record Quarterly Sales of US$67.7 Million in Q1-2024

https://ceo.ca/@businesswire/dynacor-group-reports-sales-of-us207-million-for

PAN GLOBAL INTERSECTS 11 METERS AT 2.36G/T GOLD AND 22 METERS AT 0.41% COPPER, EXPANDING CAÑADA HONDA COPPER-GOLD DISCOVERY, SPAIN

https://ceo.ca/@newswire/pan-global-intersects-11-meters-at-236gt-gold-and-81c39

Talisker Intersects 56.88 g/t Au over 1.00 Metre from the Bralorne Gold Project Resource Conversion Program

https://ceo.ca/@globenewswire/talisker-intersects-5688-gt-au-over-100-metre-from

Avino Achieves Strong Production in Q1 2024

https://ceo.ca/@accesswire/avino-achieves-strong-production-in-q1-2024

Aurania Announces Exploration Plan and Non-Brokered Private Placement of up to C$4.0 Million

https://ceo.ca/@newsfile/aurania-announces-exploration-plan-and-non-brokered

Trilogy Metals Provides Update on the Ambler Access Project

https://ceo.ca/@newswire/trilogy-metals-provides-update-on-the-ambler-access-84dac

Rokmaster Provides Selkirk Project Update

https://ceo.ca/@newswire/rokmaster-provides-selkirk-project-update

O3 Mining Intersects 119.1 g/t Au over 2.5 Metres at Malartic H, Marban Alliance

https://ceo.ca/@newswire/o3-mining-intersects-1191-gt-au-over-25-metres

Prime Reports 11.8 gpt gold-equivalent over 3.0 metres at Las Primas And Continues to Discover High Grades at Shallow Depths

https://ceo.ca/@globenewswire/prime-reports-118-gpt-gold-equivalent-over-30-metres

Q1 2024 Production Results and Operational Highlights

https://ceo.ca/@globenewswire/q1-2024-production-results-and-operational-highlights

SSR MINING SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against SSR Mining Inc. – SSRM

https://ceo.ca/@globenewswire/ssr-mining-shareholder-alert-by-former-louisiana-attorney-931ac

Positive Measures for Mining in Budget 2024 and a Potential Blow to Mineral Exploration

https://ceo.ca/@newswire/positive-measures-for-mining-in-budget-2024-and-a-potential

Vista Gold Corp. Files Feasibility Study Update for the Mt Todd Gold Project

https://ceo.ca/@businesswire/vista-gold-corp-files-feasibility-study-update-for

Northern Dynasty: USACE Updates the Pebble Permitting Process in Light of the EPA Veto

https://ceo.ca/@accesswire/northern-dynasty-usace-updates-the-pebble-permitting

GFG Issues Shares to IEP Pursuant to WWCC Gold Property Option Agreement

https://ceo.ca/@globenewswire/gfg-issues-shares-to-iep-pursuant-to-wwcc-gold-property-0ec95

Galleon Gold Announces Current Financing is Fully Subscribed and Initiates New Offering for up to $1.5M

https://ceo.ca/@newsfile/galleon-gold-announces-current-financing-is-fully-subscribed

Silver Mountain Announces $7.5 Million Public Offering

https://ceo.ca/@globenewswire/silver-mountain-announces-75-million-public-offering

Atico Reports Consolidated Financial Results for 2023

https://ceo.ca/@globenewswire/atico-reports-consolidated-financial-results-for-2023

Almadex Provides Update on Three Epithermal Gold-Silver Prospects in Nevada, USA

https://ceo.ca/@globenewswire/almadex-provides-update-on-three-epithermal-gold-silver

I’m glad to see that and that they’re professional critics including not subjecting or taking genetic bio- engineering and are not being censored like in the English speaking and European gov where it originates anyways. So WHO is still conspiring with putting out propaganda behind the diversions of their real agendas behind the scenes. They know what their up to now. Meanwhile we have the demitards.

Still talk about Powell. Now some are wondering if they will have to hike interest rates instead of none st all.  From intending of 7 cuts down to 2 and now a delay again.

I saw somewhere Russia is sending a ship over to the mid east.

There’s a hint of peacefulness in the air. 🙂

SM futures mildly higher. Rates and dollar flat. Oil and Bitcoin down a little. PM’s flat with shares drifting up with the SM.

No real important eco news on the table, seems like a quiet Wednesday, hopefully not the calm before a storm.

Looking forward to pm share earnings in a few weeks to see how much of an impact the higher prices will have on earnings. Not a full quarter of higher prices, but close to half. If I remember correctly, First Majestic held off on selling some of their products in Q1 for higher prices. I’d think they are selling some now, but holding off was a good move.

Hopefully this rally continues shortly with $100 up days that exceeds all expectations. 🙂

Massive Rallies Break Out in Japan Against WHO’s Pandemic Treaty. – ‘Don’t Underestimate the Japanese’

The Silver Streak lives!
https://railpictures.net/photo/839603/

Yes. Agree, and I do think TSHTF very soon. The plus side is we may not have to pay taxes for awhile or even debt to banks. They are taking the US into full blown chaos. These protests we’re seeing will get worse and destroy the cities. I saw on X that the illegals in NY stormed the city council because they didn’t want to leave the 5-Star Hotels and be put in shelters. Ultimately there will be major violence. For sure over the summer.

I honestly don’t know why the political class – including Republicans are trying to destroy the country.

The best estimates currently available suggest that around 212,582 tonnes of gold has been mined throughout history, of which around two-thirds has been mined since 1950. And since gold is virtually indestructible, this means that almost all of this metal is still around in one form or another. If every single ounce of this gold were placed next to each other, the resulting cube of pure gold would only measure around 22 metres or 73 Feet….on each side.