Thai Guru's Gold und Silber ... (Informationen und Vermutungen)

  • @Hi,Goldinvest


    Ja,man kann sich gut vorstellen,was jetzt mit dem Silberpreis passiert,wenn der € mal
    ein paar Tage gegen seinen Konfettibruder anzieht!

  • Darf ich eigentlich nicht aber mir wurscht, you have it for free Amigos.
    Wie viel Wert es hat seht ihr selber noch,ich bin aber nicht so positive wie er wegen Dollar, Gold und HUI hat sich heute sehr gut geschlagen meiner Meinung und gehe zufrieden schlafen. :))



    Predictions from 30 May to 3 June 2005


    GOLD


    At the time of writing this newsletter, all major commodities and currencies have already started trading. Metals are down, grains are up and the dollar is surging like a Tsunami wave. 8o


    Last week, gold remained firm but that was a false rise. I have mentioned many times previously that if gold or any other commodity trades down on a positive day, then it is a negative sign. Similarly, if it moves up on a negative day (nature theory), then it is usually not a cause for jubilation. Last week gold acted contrary to expectation and attracted many buyers in the process.


    Tuesday of this week is a negative day for metals, while Wednesday will be stable. Metals should however be upbeat and move up on Thursday and Friday and those who want to buy gold in small quantity can do so on Wednesday.


    I don’t see a major rise. You can therefore sell if you are making a profit because the dollar’s rise will be a winner against gold. I would also like to get a proper confirmation for gold against the dollar. The next ten days are very important as they will determine metals’ movements for the next thirty days. I therefore urge patience as you wait for my final answer in the next two weeks.


    This week could fall to 411.30. If it breaks this level, then the next target will be $408.60 while the upside will be $418.50.


    SILVER


    Last week silver gave some signs of recovery and one should remember that it is on my best performing list for the next two years. One should buy silver on Wednesday and then since it should move up, failure to which there will be marked uncertainty in the short term trends.


    This week silver will trade around $7.02 and it should break this support point so that it can slip away from the hand of Mars. The upside could be two percent on Wednesday and Thursday.


    Within the next thirty months, Silver prices will more than double.


    As I have said many times, as far as metals are concerned, silver is my favourite not gold. ;)


    BUY LONG TERM CALL OPTION.


    OIL
    During this week oil prices will remain directionless and you should therefore hold your short position in crude oil, unleaded gas and heating oil. Furthermore, oil stocks should sharply fall any time from Wednesday.


    STOCK MARKET
    Stock will remain weak from Wednesday and you should consequently hold your short position in it. Twelve more days are still pending, after which the market will lose 100% of its rising grip.


    Keep selling high value stocks. Buy PUT for September and December.


    CURRENCIES


    Today you must have realized why three months back I said that a “Tsunami wave” was coming in the dollar; this is what I saw. This will not end here and for that reason, you should be very careful before you short the dollar. We want to remain with the wave of the dollar as nature dictates to avoid losing out or not achieving full benefits. I am still holding my dollar index which I bought at $81.30. Don’t buy other currencies (Euro, Pound and others) under the impression that they have fallen too much. The fact is that I see them falling even further. 8o


    When the dollar index was down on Friday last week, a few people sent me email wondering whether it wasn’t time to short the dollar. Apparently, they had information from the banking world that a collapse of the dollar was imminent. This point made me quite nervous as I saw some banks or big financial institutions collapsing by reason of being on the wrong side in currency trading. I say it once more; DON’T GO AGAINST THE US DOLLAR BECAUSE NATURE’S WAVE IS SUPPORTING IT 100%.


    -------------------------------------------------------------------------------------------------


    But this wave will also get to the shore, soon it will break !! ;)


    Gruss


    Eldorado

    5 Mal editiert, zuletzt von Eldorado ()

  • In global trading, the dollar fell - to $1.24. Is this all there is?


    The papers are all screaming about the new "crisis" in Europe, following the French vote on Sunday - especially the U.S. papers. You'd think the dollar would move more than a penny. That it did not is either telling...or misleading.


    We sat down with the newspapers and strong cup of coffee this morning. One or the other of them gave rise to a rush of thoughts, which we write down hastily lest we forget:


    *** that ideas are shaped by theory
    *** that theories arise largely as they are needed - to explain and justify what is happening
    *** that without the right theory at the right time a man is blind to what is going on around him
    *** that the U.S. press bends to the demands of empire, without recognizing it
    *** that Europe is not in a crisis at all....that it is probably better off after the "no" vote...
    *** that Americans' theory has totally misled them into thinking they are getting richer, when in fact they get poorer everyday
    *** that Europe is actually growing faster and getting richer than America....
    *** and that this would be a good time for an investor to switch out of dollars and into euro...or gold.


    Our conclusions will be familiar to you, dear reader. But even long suffering Daily Reckoning readers will find something new in the logic that leads us to them. Once we stopped worrying and began to admire the American empire were able to see all sorts of new and amusing features. Things that had not made sense to us previously were still absurd, but less mysterious.


    "Huge setback for stronger Europe," said a Wall Street Journal headline. The Journal has been perhaps the leading rag for the imperial agenda. Its editorial pages never met an overseas military adventure they didn't like or a military expense they didn't want (someone else) to pay. Of course, this makes perfect sense. The Journal is America's business paper and is clever enough to understand what business America is in and how it works. The business of empire is providing order and stability so that markets can function. It is fundamentally a policing business...a military business...a business that relies on force, rather than persuasion.


    That is the theory (idea) that drives the Wall Street Journal and the current administration. It is also the theory that has shaped modern America, though few people realize it. American economists see the trade deficit either as a plus...or don't see it at all. We are just sopping up a "glut" of savings worldwide, says Ben Bernanke. The trade deficit is a result of the fact that Americans' debt is increasing twice as fast as their income; yet, this information has no place in the theory of imperial finance. So it is invisible. It doesn't seem to matter. Nor does the fact that profits in the manufacturing sector have collapsed have any place in the imperial financial model. The U.S. economy is superior, they believe. They see their job as discovering how it is superior. There is no model of traditional economics that could explain it; they are forced to rely on empty words, such as "dynamic," "flexible," "innovative," and so forth. The words may mean nothing, but at least they sound good.


    Almost all Americans who read yesterday's news saw the French vote as a setback. They could not imagine that a weak central government might be a good thing, because a strong central government is necessary to imperial ambitions. America has a strong central government; America is the world's only superpower. Therefore, strong central government must be superior. You don't see Europe invading Iraq...or Afghanistan. It has no strong central government. It has no strong military. It has no imperial ambitions. The Europeans were so traumatized by two wars in the last century; they've had enough of military adventures - at least for the present. Instead, they've turned inward - to focus their energies on providing public holidays and public health care. You can see this simply by reading the paper. The American press looks outward and sees opportunities to build a better world. Editorial pages explain what to do about China's money...or Africa's health problems...or Japan's ec onomy...or even Europe's government.


    European papers tend to look at their own problems - failures of the health care system, national elections and political fractions. In London, the papers went wild after a man was beaten up and left for dead by a pack of "yobs." The Labor government felt it necessary to address the issue of lawlessness in the 'Queen's Speech,' promising to re-establish law and order. Yet, the murder rate in London is only 2 per 100,000...compared to 70 per 100,000 in Washington, D.C. Even in Iraq, an American soldier has less of risk of getting gunned down in the streets, with a death toll averaging about 60 per 100,000 since the end of the war. But in Washington, crime is for the back pages of the paper. It is considered ignoble 'naval gazing' to worry about such matters in America. Instead, the front pages are devoted to bringing American-style law and order to Iraq and Europe! We can barely contain ourselves when we think about it, dear reader. Our diaphragm convulses in laughter; our sides begin to hurt.

  • Tuesday, May 31, 2005, 6:06:00 PM EST


    Gold and Dollar Market Summary
    Author: Jim Sinclair


    Dear CIGA:


    Gold is not a game, not a commodity, but rather a currency. Its primary duty is the preservation of generally hard earned wealth in a world of inflated paper assets built by temple money changers of old who are neither accustomed to sweat nor calluses.


    I have no problem at all with a counter trend dollar rally and in fact cautioned those of you that trade when the USDX failed to break the .8050 after five tries. Yet the dollar rallies as the deterioration of its fundamentals accelerates.


    The US Pensions Benefit Guarantee Corporation, an entity funded by government funding, has a deficit now of USD $23.3 billion. The USPGC is forecasting a rise in that deficit to USD$ 100 billion under present conditions. Imagine what the roll over of the US economic recovery means to that - let alone a period of downward economic activity.


    Emphatically, I see this dollar counter trend rally being of limited duration and extension.


    The US is a country with a larger and more active economy than any other and it has a consumer base that borrows without end as long as foreigners are willing to finance their purchases.


    Jim Sinclair’s Commentary:


    The basis of my difference with those advisors who have garnered their paying clients from within the Gold Community is the disconnect predicted between the US dollar and gold, not the potential of a counter trend rally common to the dollar on every one of the many bearish head & shoulder breakdowns.


    The dollar bulls that gloat over their present small success as measured by the recovery versus the size of the fall and counter trend recovery are boosting their egos at an unprecedented point in their careers thereby toying with axiomatic dangers that usually precede an extreme personal embarrassment.


    A rally in the US dollar therefore locks and loads a larger US Trade Deficit while there is no real potential to either half the US Federal budget by 2009 or in any major way curtail the fiscal year 2005 budget.


    The major US indicator and ingredient to a lower dollar - regardless of the fact that the euro is a basket of junk - is the US Current Account Deficit. With the US Trade balance certain to grow, potential for a continuation of the dollar rally at the expense of the euro, and with the Federal budget out of control, the Current Account Deficit could balloon to USD900 billion or more by 1/1/2006


    The problem that gold has is not the US dollar as measured by the USDX but the lack of those who will say:


    1. We are in a generational bull market in gold that will favor investors as it did in the period 1970 through 1980.
    2. Gold’s primary purpose is to insure.
    3. Trading gold for insurance has never worked except in the case of Bert Seligman who was a major gold trader from 1968 until the late 1970s. Jesse Livermore traded everything but almost went broke proving that if you trade everything all the time and are great you only break even in the end.
    4. However, the major problem that gold has is that - with the exception of John Embry and me - there is no one willing to speak out concerning the fundamental reality of the underlying reasons why gold cannot and will not be defeated. Mr. Embry just finished a web cast presentation of his feelings on gold with a significant outline from BIS figures of the size and potential of over-the-counter gold derivatives. I have made my DVD and expect clips of it to be on Bloomberg TV this coming Thursday at 10:36 AM,11:06 AM, 11:43 AM, 12:52 PM, 2:43PM, 3:52 PM.


    There is a strong possibility that an interview I did for the New York Times Sunday magazine on gold will be published this coming weekend.


    So I ask you who is best able to explain exactly what gold is all about, what makes it happen, when it will happen and what it will do - people like Embry and Sinclair or the carpetbaggers whose actions exaggerated gold’s weakness and blunted its strength?


    All we have in the goldfield was clearly demonstrated at the New York Gold conference. All advisors of note were there vying for the position of who called every top, speaking bearishly about gold, all with their own motivations be it fund management or simple subscriptions for their newsletters.


    The result of this lapse of cohesive leadership is that when the dollar rises gold’s decline is exaggerated and the appreciation of gold as the dollar falls has been muted. So those that are right now beating their chests in public and cheering for the US dollar as they pan gold whilst calling themselves gold advisors should be ashamed of themselves.


    Please do not forget the words of former Fed Chairman Paul Volcker, former Treasury Secretary, Robert Reuben and the Chief Economist of the OECD, all of whom recently made the point that only policy changes can prevent further declines of the dollar.

    2 Mal editiert, zuletzt von Eldorado ()

  • Da liegt Crystalball aber voll daneben.


    Schade eigentlich, hatte ich doch das Gefühl, dass er zur Zeit mehr und mehr richtig liegt, letzte Woche war jedenfalls perfekt und nun das....
    (Silber wird um die 7.02 gehandelt :D )

  • Goldinvest
    Vielleich sollte er mal mit Glasreiniger putzen ? :D
    Silber ist Z.Zt.bei 7.39 USD
    Crystalball hat mir heute noch eine News geschickt:.....
    Immer langsam mit Silber,nicht gleich voll reinspringen weil es nun so hoch ist denn es kann eine Korrektur wieder geben. 8o


    Mal schaun :rolleyes:


    XEX


    GATA:


    Our STALKER source called. His gold dealer is bullish re the euro outcome. Says gold going much higher. The STALKER source himself said physical market business was booming today.


    The gold open interest rose 602 contracts to 259,011, while the silver open interest gained 670 contracts to 105,670.


    While gold closed in new low ground for the move and has broken down technically from a chart standpoint, the case builds for gold to move a great deal higher, not lower. Today’s low of $412.70 ought to be it.


    As MIDAS has been ranting for the past week, silver is its own animal and if it wants to explode, the outside financial markets, including gold, won’t mean a hoot. Matter of fact, the best silver move of all is when it does what it did today. Gold down, euro sharply lower, yet it powered its way up all by itself.


    Silver was the shining star for our camp by leaps and bounds. Right off the bat it refused to follow gold down. After making a low of $7.13, right at Friday’s low, it gradually bucked the gold onslaught and ground its way to unchanged. Once through unchanged it rocketed up, reaching the $7.50 area before some profit taking took hold. If silver can move like this without any help from gold and the dollar, what will it do when those markets turn?


    Why is silver on a roll? Rumors are circulating there are some delivery problems, which is par for the course. Hard to say what is really going on except it is about time. Silver bulls, including myself, have been talking about silver taking off for years. It could just be the shorts just can’t hack their price suppression scheme anymore because they have plumb run out of silver to meet the rising demand. It had to happen one day. Why not now?


    Some positive anecdotal silver input. A Café member went to Pan American Silver to buy some physical. However, two buyers showed up the other day (according to our source) and took 2.2 million ounces worth, clearing Pan Am out for the time being.


    Silver's bullish technicals:


    *It continues to move like it should after breaking out Friday from its very positive bullish wedge formation. Perfect follow through.


    *It made a short-term double bottom Friday and today.


    *First price objective for many floor people is $7.74.


    *The open interest can handle sizeable new buying before it gets overdone from a historical perspective.


    http://www.gold-eagle.com/editorials_05/lee053105.html

  • Da scheint crystalball mit seiner " “Tsunami wave” recht zu bekommen.



    Euro auf Talfahrt


    [Blockierte Grafik: http://www.welt.de/media/pic/000/251/25101v1.jpg]


    Vor dem Hintergrund politischer Ungewißheit in Europa und der Spekulationen um die Zukunft der Währungsunion ist der Eurokurs kräftig unter Druck geraten


    Frankfurt - Die politische Unsicherheit in Europa und Spekulationen in Deutschland über ein mögliches Auseinanderbrechen der Europäischen Währungsunion haben die Talfahrt des Euro am Mittwoch beschleunigt. Währungsexperten sprachen von einer selbst für den Devisenmarkt ungewöhnlichen Verkaufswelle.
    ....
    http://www.welt.de/data/2005/06/01/726438.html


    crystalball:
    "This will not end here ..."
    "DON’T GO AGAINST THE US DOLLAR BECAUSE NATURE’S WAVE IS SUPPORTING IT 100%."

  • Ulfur


    Ja, das hat er gerochen aber die Dollarstaerke geht auch vorbei wie alles im Leben. Aber bald gibt er gruenes Licht fuer POG und POS. Dann sollte der Zug voll anfahren. Darauf warte ich aber nicht da er sehr vorsichtig geworden ist mit seiner Vorhersehung. Bei 427 Dollar gebe ich auch ein Signal. :D Schaut nur auf den Gold/Euro Preis der spricht Worte. Nun heisst es warten bis die Welle vorbei ist .


    Greed und Fear immer das selbe, diese Blase wird platzen und der Euro ist wieder bei 1.40 am Ende des Jahr. Die machen nur eine Panik und blenden die Schafe wie mit Google. Media Horror News, druckt ihr bald wieder die Deutschmark ?...... Bestimmt nicht !! :D 80% der Deutschen zittern um ihren Arbeitsplatz sagen sie.
    It's all big Bullshit, Amigos. Die wollen der Herde nun General Motors Stock andrehen und Bonds, die sind eigentlich preiswert hoere ich gerade. :D :D Und Google, der Stock geht auf die 350USD !! :D :D


    Was so ein Nein alles kostet ? :D (Flucht in den Fiat Dollar und T-Bonds)
    Ja, aber nur kurzfristig in zwei Wochen sieht jeder welcher Zug nun besser war. Nach dem Bla,Bla, Bla, der Politiker. ;(


    Man spricht von Recycle Dollar und ich lachte mir eines als so ein Guru sagte das der umstrittene twin defizit der US keine Rolle spielt und Sache der Politiker ist. :D Switch on the printing press , if you are FEDup we send the marines. Just beat it or just print it ! :D


    Dieser Recycle ist aber mehr fuer Rohstoffe und vor allen Gold und Silber in der Zukunft.



    Ausserdem, sagte er wir muessen alle dankbar sein das die Amerikaner so gut konsumieren weil sonst geht es uns ja noch schlechter. :( :(
    Die sollen sich mal weiter verschulden, unsere Helden !


    How'z that ?? :D :D :D


    Borrow it in Dollywood ?(


    XEX


    Die nackte Wahrheit......was steckt wirklich hinter der USA ???

  • Goldverbrauch stieg um 26 % an, gute Nachricht. :))


    Getting Rich off the Metals Rally!


    Volume 6 - Issue 23 - Circulation 59,800


    Dear investor,


    I love it when a plan comes together, but I'd love it even better if you were there besides me taking advantage of it.


    As you know I've been hot on precious metals for some time now. In the first quarter of 2002 I alerted my subscribers to the fact that gold was starting a new bull market. We then sold out that summer, bought on the dip in May of 2003 and rode the next subsequent bull rally up into December of 2003. In 2004 we bought in August and sold in November and bought a little this past February.


    For the past few weeks we have been looking for the next major bottom in gold to use as a buy point in the gold stocks.


    Well yesterday I sent out a special members only bulletin saying that I thought the bottom was in. I am buying again in anticipation of the coming gold rocket that is going to start to lift off at the end of the summer. You haven't seen nothing yet. :D


    If you are anything like me than you no there is no greater thrill than getting fat gains in a matter of weeks and sometimes even days. You do that by being on the right side of a market trend and by investing in the stocks that are poised to benefit the most from the trend.


    Last year when the gold and silver started their summer rally I called Yamana gold my top stock pick. It rose 200% from its June low to November high and it was quite a ride!


    Now this year I've identified a promising silver exploration company that is poised to ramp up full production of over 9 million ounces of silver a year. Not many people know about this company despite the fact that is on track to produce 3 million ounces of silver this year.


    The profits this company makes are going to be incredible. With fully reached annual production of about 9 million oz. silver, 122 million lbs. of lead and 40 million lbs. of zinc. At $7 silver, $0.40 lead and $0.45 zinc we are looking at about $129 million revenue (US $). Costs per ton figure close to $36/ton while metal value per ton is close to $800/ton. Most silver companies trade with market caps of at least 4 times sales. That would put give it a market cap of $516 million once it is in full production.


    And since this company is relatively undiscovered it is only trading at a market cap of $80 million. Its a six-bagger.


    Now do you see why I am so excited! :D


    This is the type of potential that lays right ahead of us thanks to the bull market in precious metals and I plan on taking full advantage of it. You should too.


    If there was ever a time when you should take a risk-free trial to WSW Basic it is now. I just sent a full report to my subscribers about this stock and it would be best if you would access it now before it goes up.


    http://www.wallstreetwindow.com/riskfreetrial.htm


    Sincerely,


    Mike Swanson

    Einmal editiert, zuletzt von Eldorado ()

  • REFERENDUMSAUSGANG


    Euro stürzt ab


    New York - Nach der Ablehnung der EU- Verfassung in den Niederlanden ist der Euro am Abend auf ein neues Acht-Monats-Tief zum Dollar gefallen. Die Gemeinschaftswährung sank Reuters-Daten zufolge auf 1,2211 Dollar, nachdem eine erste Prognose eine deutliche Mehrheit gegen die Verfassung zeigte. Bereits nach dem negativen Ausgang des französischen Referendums am Sonntag hatte der Euro Verluste hinnehmen müssen.
    http://www.spiegel.de/wirtschaft/0,1518,358628,00.html


    Bei 1,2211 von einem Absturz zu reden ist übertrieben. Inzwischen ist der Euro schon unter 1,2181.

  • Bei 1.202 verkaufe ich eine Menge Dollars fuer Euro. ;)
    Huuuch, manche reden schon von 1 zu 1 !!! :rolleyes:


    Ich mach mir gleich in die Hose ! :D :D ...und kauf mehr GM und SM.


    Vergesst nicht, min. 10% in Muenzen oder barren anlegen bei den Spottpreisen, wegen der Versicherung. :)) ..die man besser nicht einloest.


    Das Zodia Computer System hat einen Trading Halt verursacht kurz vorm Schluss in NYSE , Computer Verwirrung oben drauf ! :D


    Jungs ihr seid jetzt im Eimer nach dem NON ..... :(


    Adios Amigos,lasst Euch nicht verarschen.


    I'm so sorry for your Euro-pa..... so viele schwarze Sorgenflecken. 8o

  • Hi Eldo,


    Ich hab meine Dollars noch immer, noch nix gegen Euro zurückgetauscht, werd ich aber normalerweise am Donnerstag oder Freitag machen.


    GM hab ich auch, wegen Nostalgie (alter Chevy) und wegen Dog of the Dows.
    Mal sehn, die Position ist klein, aber ich bin im Grünen.


    Dollar, sagt mir meine leere Rotweinflasche (=Crystallball), wird abtauchen bis 1,20, mayb e 1,18 und dann wird neu gewürfelt. - Parität schliess ich auch nicht aus.
    Auch wenn langfristig alles gegen USD spricht, the trend is your friend, let's short the Euro.
    Ichn bin bullish für Silber (aber wie lange noch?) und für SA-Minen. Juniors sind mir zu heiss, die Vola bei "normalen" Minen bringt mich schon an den Rand eines Herzinfarkts.


    Hehe, deine Aussae die 2000 nicht voll zu machen stimmt wohl nicht so ganz :D :D :D :D :D:D

  • Buy Gold and Silver. Ignore the Dollar!


    The Optimist ;)


    In recent weeks, the Optimist has read many comments which predict that the dollar will gain, and therefore that precious metals will lose, over the months ahead. As you have come to expect from the Optimist, you will not hear that type of negative thinking reflected here. The Optimist sees only a bright and rewarding past, present, and future for gold and silver.


    Gold and Silver Are Better Than Fiat Paper


    To better share that positive vision with loyal readers, the Optimist wishes to more clearly focus the perspective on investments in gold and silver. Gold and silver are rare and desirable objects which have served as true money for thousands of years. Fiat paper is massively duplicated scraps of art (or the electronic cipher equivalent) which people accept in exchange for something of value only because governments require that acceptance. Production of new gold and silver requires difficult, expensive, and dangerous mining operations. Governments simply print additional scraps of fiat art whenever it is convenient for the governments to take more real wealth away from the people. Needless to say, it is no surprise to anyone reading this message that real gold and silver are better than scraps of fiat art. No doubt, many readers are already disappointed in the Optimist for wasting their time by writing about such obvious basics.


    Convert Fiat to Gold and Silver


    Here is the point. Gold and silver are better investments and better stores of value than fiat paper. When the Optimist has a surplus of fiat paper, he converts it to gold and silver when he has a good opportunity to do so. Fiat paper will, as it always has previously, slowly (or quickly) disintegrate through inflation before our very eyes. Gold and silver will stand the test of time, and will retain value throughout the future.


    The Dollar IS Fiat


    No doubt, some bright young whiz kids will be quick to reply that they don't have any stinking fiat, but that they have dollars (or Pounds, or Yen, or Euros, etc. ad infinitum!) instead. The Optimist's view is that all of those currencies are only different flavors of fiat. Obviously, different flavors of fiat can have variations in degree of desirability, and that is translated into currency exchange rate differences. One could easily imagine a sidewalk vendor starting a hot summer day with equal but limited amounts of vanilla and chocolate ice cream. If most of the customers that day wanted chocolate, then the vendor might raise the price of chocolate during the day to avoid running out of that flavor sooner. Regardless of the relative price, however, a cone of vanilla and a cone of chocolate left uneaten would transform into an equally sticky mess. We can be similarly certain that any flavor of fiat will also eventually lose a significant amount of its value through the inflation which results from overproduction of fiat art by all governments.


    Gold is NOT the Inverse of the Dollar


    Although the price of gold in the USA is commonly quoted in terms of dollars per ounce, and the price of gold usually rises when the dollar exchange rate declines (or falls when the exchange rate increases), the Optimist cautions readers to avoid the easy but incorrect assumption that gold is just the opposite of the dollar. Gold and silver should be more properly viewed as the opposite of fiat. The dollar exchange rate obviously makes significant moves in comparison to the exchange rates of other currencies, but those exchange rate variations do not directly effect the value of gold compared to all fiat. A change in the dollar exchange rate only means that the dollar is valued more or less than other comparable fiat currencies. Those variations in flavors of fiat currencies do not directly affect the value of gold or silver.


    The reason most USA investors equate the price of gold to the level of the dollar exchange rate is that they look at charts of gold priced in US dollars. On those charts, gold prices fall when the dollar strengthens compared to other currencies, and gold prices rise when the dollar exchange rate weakens. That obvious result when the price of gold is shown in US dollars causes many gamblers to mistakenly think that buying gold is only another way to bet against the dollar. Those gamblers could just as easily buy the Euro or the Yen and achieve very similar short term results. Those of you who are ForEx gamblers may not want to read the rest of this commentary, because the Optimist confesses to have little insight into short term variations in the comparative exchange rate of one currency versus another. The intent of this commentary is to provide a long term perspective which investors can use to guide their investments in gold and silver in comparison to all fiat.


    MoreAU and MoreAG Indexes Show Gold and Silver Vs. Fiat


    At this point, the Optimist would very much like to present an accurate chart which shows the value over time of gold and silver in comparison to all fiat currencies. Such a chart would likely be a complicated amalgam of all currencies and the prices of precious metals priced in those currencies blended with an algorithm based on statistics such as Gross Domestic Product and the national inflation rate (which have questionable levels of accuracy). The Optimist does not have the resources to produce such a chart, and he has not seen one produced by anyone else, either. The Optimist can, however, offer a simple approximation of such a chart. By multiplying the price of gold or silver in dollars per ounce times the dollar exchange rate, it is possible to easily create a close approximation of the chart of gold or silver compared to all fiat. The Optimist calls these products the MoreAU and the MoreAG indexes, because they filter out the currency fluctuations and more directly illustrate changes in value of the metals compared to fiat currencies.


    As shown in the linked weekly charts, the MoreAU and MoreAG indexes declined into medium term lows two years ago. Since then, the MoreAU index shows that gold gained approximately 10% against all fiat, and the MoreAG index shows that silver is up almost 50% compared to fiat currencies! Another way to view these results is to consider a hypothetical investor who two years ago bought gold at $345 and silver at $4.50, and who hedged the currency risk by simultaneously buying an equivalent amount of the dollar on the ForEx at 92.50. That investor would have far greater profits in the gold and silver positions than losses in the dollar hedge.


    The Optimist cannot promise similar returns for the future. The great news that the Optimist can share with you, however, is that so long as the markets continue to recognize that gold and silver are better than fiat paper, then gold and silver will prosper as long term investments, and that prosperity will be reflected by positive changes in the MoreAU and MoreAG indexes. The Optimist's approach to long term investing is to ignore the dollar exchange rate, and to convert his excess fiat paper into gold and silver when the rising MoreAU and MoreAG indexes are near their lower bounds.




    1 June 2005

    Expect the unexpected !

  • Goldinvest


    Na schau mal, die 1.226 Klippe ist wieder da.
    Einige Contrarians haben begonnen den Dollar zu verkaufen die versuchen schlauer zu sein als die Meah Meeh Herde. :O


    Nein zur EU und Ja zum Export in die USA ,... Hurrah ! :D


    Bei GM und SM braucht man Nerven und Geduld sowie Ueberzeugung sonst hat man schnell ein Magengeschwuer damit.


    Ich freue mich aber auf den Tag wenn die Flucht in Gold und Silber beginnt, ....egal in welcher Waehrung.


    Gold is real money in the end of the day when the shit hits the fan.
    Will it ??.... Die Frage muesst ihr Euch selber stellen. ?(


    Rueckschlage mit -35% muss man gleich beim Einsteigen in Kauf nehmen und manchmal schlucken. :(


    Bei Juniors kann es -55% sein, aber die erholen sich auch wieder ganz schnell. In diesen Markt ist der Markt noch nicht, die schlafen alle noch. :D


    Nothing comes easy, easy comes, easy goes ! :D


    Wichtig ist das man am Ende happy ist mit seinen Depo. ;)

  • Hmmmm....... :rolleyes:


    Please book profits in metals because I don't see next five that favourable. As previously mention many time that June would be positive months and looks like but current over scenario is very choppy so book profit is always a good thing.

    Treasury Bond looks weak.
    Oil will hang around here and than fall will came.
    Stock market may hang around this level during this week but looks weak and very weak.
    Don't forget to buy dollar index in weakness.



    Time will tell !!!



    BA

    Expect the unexpected !

    Einmal editiert, zuletzt von Bin Adabei ()

  • IMAs Rechtssache oder besser AQIs Unrechtssache wird hier irgendwann aufgearbeitet. Das ist natürlich keine Garantie für den Erfolg.


    Die wesentliche Verhandlung wird am 15. Okt. in Vancouver stattfinden - so pls spare me with any specs on the outcome. - Except that I don't like extortionists.
    Ich kenne nunmehr die Geschichte und habe Beweise, dass IMA keinerlei Zweifel an der Rechtmässigkeit ihrer Ansprüche hegt.


    ... und wenn Du noch Zweifel hast - geh zur website von AQI und Du wirst feststellen, dass black mail, vielleicht die einzige Erwerbsquelle dieser Fa. ist.


    Ya gotta luv a judicial system favoring the tresspassers! No wonder though, as too many laywers are chasing the same kind of culprits and can't care less about justice.


    So in the end - who cares? We wannabe rich instantly! No sweat or wet dreams - instant gratification is the name of the game ...


    Go figure ... frr

    frr

Schriftgröße:  A A A A A