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

Don’t know what to make of this gold inclusion below – very unusual.

U.S. trade gap shrinks to $51.6 billion

By Rex Nutting, CBS.MarketWatch.com
Last Update: 10:17 AM ET Nov. 10, 2004

WASHINGTON (CBS.MW) - A strong euro and a strong hurricane helped cut the U.S. trade deficit by 3.7 percent to $51.6 billion in September.

Imports fell 0.8 percent to $149 billion while exports increased 0.8 percent to a record $97.5 billion, the Commerce Department estimated Wednesday….

Despite higher prices, the nation's bill for imported crude oil fell to $11.4 billion because imports were disrupted for a time by a powerful hurricane in the Gulf of Mexico.

The trade deficit with the European Union declined 20 percent to $7.7 billion, while the gap with euro countries plunged 29 percent to $5.7 billion. The value of the euro has strengthened against the dollar, reducing the relative competitiveness of European goods.

Meanwhile, the trade gap with China widened to a record $15.5 billion behind record imports of $18.4 billion.

Economists polled by CBS MarketWatch were expecting, on average, a trade gap of $53.8 billion.

The trade report helped propel the euro briefly above $1.30 for the first time.

"The underlying trends here remain unfavorable but the data from recent months suggest import growth is slowing a bit more than exports," said Ian Shepherdson, chief U.S. economist for High Frequency Economics.

The trade gap in August was revised lower to $53.5 billion from $54 billion earlier. The deficit averaged $51.9 billion per month in the third quarter.

The increase in U.S. exports was largely driven by foods and feeds, and industrial materials, including soybeans, organic chemicals, gold and plastics. Exports of capital goods also increased, especially high-tech gear like computers and semiconductors…

-END-

Jesse came up with the following just now:
There is a line item for 'non-monetary gold' as an export in the detailed spreadsheets.

The amount exported was 524 million dollars in September, as compared to
326 million dollars exported in August.

As exports go for "Industrial Supplies and Materials" this was the second largest growth category right after organic chemicals, and certainly a huge percentage gainer, one of the largest.

I am attached the spreadsheet if you want it. The gold line item is in exhibit 7. I assume this is gold for use in industrial production and jewelry.

-END-

More proof gold demand is way up. Any way you look at it.

Today’s intervention was blatant and clearly orchestrated. There can be valid reasons for currency interventions from time to time. What is different between currencies and gold is the currency intervention is widely discussed and market participants are aware governments could come in at any time. Yet is NEVER mentioned as far as gold is concerned. This is where the outrage lies. It is the surreptitious manipulation of the gold price which should have had the industry in an uproar many years ago. More on the engineering of US markets:

Bill,
Finally one of the crooks is speaking publicly.
http://www.democracynow.org/article.pl?sid=04/11/09/1526251
thanks,
Bill Christie

Book Description

Confessions of an Economic Hit Man reveals a game that, according to John Perkins, is "as old as Empire" but has taken on new and terrifying dimensions in an era of globalization. And Perkins should know. For many years he worked for an international consulting firm where his main job was to convince LDCs (less developed countries) around the world to accept multibillion-dollar loans for infrastructure projects and to see to it that most of this money ended up at Halliburton, Bechtel, Brown and Root, and other United States engineering and construction companies. This book, which many people warned Perkins not to write, is a blistering attack on a little-known phenomenon that has had dire consequences on both the victimized countries and the U.S.

About the Author

John Perkins began writing Confessions of an Economic Hit Man several times during the past two decades only to be persuaded to stop by lucrative business offers contingent upon his silence. "Now," he says, "we have entered the new millennium. Nine-eleven happened. "

-END-

From London on the on the gold bombing by the evil ones:

Good afternoon Bill,
All you need to follow this charade is an accurate watch.

5 o'clock Charlie

I wonder how many of your subscribers remember "5 o'clock Charlie", the North Korean pilot, flying an old, misfiring, piston engined fighter in the MASH tv series. In one episode, he showed up regularly at 5 o'clock to try and bomb an ammo dump next to the MASH. He always missed!

Watching the gold cartel at work is just like watching 5 o'clock Charlie now. Here's how his/its bombing day looks at the moment:

(all times are UK, deduct 5hours for US Eastern time)

7:30 - 8:15am. Show up for Eastern market closes/Europe and London open, when traders are handing on their book, East to West. A time of increased volatility, sometimes giving the possibility of mischief making.

10:00 - 10:30am Second bombing run of the day, in an attempt to push down the spot price going into the London am fix.

12:30am - 1:20pm Serious stuff now, the Comex market opens at 1:20pm. Can't have gold looking good going into the open.

2:15 - 2:30pm. A "strafing run". The US markets open at 2:30. Don't want a surging gold price to pick up comedy channel (CNBC) comment and encourage gold share buyers.

3:00pm Action stations. This is London pm gold fix time. Charlie goes airborne with a full bomb load. Often this is the main mission of the day.

5:00 Let's try a sneak run under the radar. Maybe there are traders out to lunch, but you can literally set your watch by this raid. It lasts until around 5:50 - 6:00pm. From this time, or 6:15 at the latest, gold climbs into the 6:30pm Comex close.

Sadly for the Cartellers, their bombing raids are about as effective as 5 o'clock Charlie's, these days. One day they will fly in too low over the target and either blow themselves up or crash and burn in the attempt.
Best wishes
Ian

Interest in gold continues to surge around the world:

EGYPT

Dubai, India sign gold trade deal
Posted Wed, 10 Nov 2004

Dubai, the self-styled "City of Gold", and India, the world's largest consumer of the yellow metal, are forming a Dubai Gold and Commodity Exchange (DGCX) to become operational in the second half of 2005, officials announced Tuesday.

The Dubai Metals and Commodities Centre (DMCC), Multi Commodity Exchange ofIndia Ltd (MCX) and Financial Technologies (India) Ltd (FTIL) have signed a memorandum of understanding to create the exchange in Dubai, a significant player on the international gold market which provides a gateway to India, where 700 tons of physical gold are consumed annually.

"Appropriately for the 'City of Gold,' the first contract listed on the exchange will be gold, but that will be quickly followed by other contracts," Colin Griffith, DMCC's executive director for gold and precious metals sector, told a press conference.

"As the exchange develops and gains in prominence, we expect a significant amount of trade in silver, steel, freight, cotton and energy contracts, so that we can achieve a balanced portfolio with futures and options contracts available for all listed commodities," he added.,,,

-END-

Raise that money to bail out your ludicrous hedge position:

Barrick Announces Sale of U.S.$750,000,000 in Debt Securities

TORONTO, ONTARIO--(CCNMatthews - Nov. 8, 2004) - All amounts in United States dollars Barrick Gold Corporation (TSX:ABX) (NYSE:ABX) (LSE:ABX) (PARIS:ABX) (SWISS:ABX) and its wholly owned subsidiary Barrick Gold Finance Company announced today that they have entered into an underwriting agreement to issue U.S.$750,000,000 in debt securities comprised of: U.S.$200,000,000 of 5.80% notes due 2034 of Barrick Gold Corporation; U.S.$350,000,000 of 4.875% notes due 2014 of Barrick Gold Finance Company, guaranteed by Barrick Gold Corporation; and U.S.$200,000,000 of 5.80% notes due 2034 of Barrick Gold Finance Company, guaranteed by Barrick Gold Corporation.

-END-

The gold shares still can’t catch many bids. The XAU dropped .83 to 105.47 and the HUI gave up .67 to 237.39.

Here we are at 16-year highs and most everyone is bearish or could care less. Unreal and VERY bullish.

The bad guys are doing you know what against the wind. They are huffing and puffing to take gold down in an attempt to bail out their growing/losing short position. Hardly anyone can predict what tomorrow will bring. What we can say is more and more of the biggest money in the world wants in on the coming gold price explosion. AND the cash market is on fire so that big money must compete with consumers in India who have a voracious appetite for gold these days. This is why the bums in The Gold Cartel will be going down for the count in the very near future.

GATA BE IN IT TO WIN IT!

MIDAS

DJ INTERVIEW: Gold Supply Under Pressure - Merrill Fund Mgr

Wednesday November 10, 4:28 PM
INTERVIEW: Gold Supply Under Pressure - Merrill Fund Mgr SYDNEY (Dow Jones)--Merrill Lynch Investment Managers have a favorable outlook for gold, underpinned primarily by emerging pressures on supply, a leading member of the firm's London-based natural resources team said late Tuesday.

Amid "relatively static" demand, falling mine output over the coming years and the potential for a reduction in European central bank sales stand to prolong the rally in U.S. dollar gold prices, Merrill gold fund manager Evy Hambro explained during a visit to Sydney.

"We are definitely in a positive environment...and that's going to remain until the fundamentals deteriorate, and we don't see that changing," Hambro said on the sidelines of a presentation to financial advisers.

Spot gold reached a 16-year high of US$436.85 a troy ounce Tuesday. At 0700 GMT, it was quoted at US$433.88/oz.

Hambro's seven-member team is one of the world's largest managers of gold equity investments, overseeing about US$6.5 billion spread between several mining funds.

Strong currencies in many of the leading gold-producing countries are actually forcing production cuts, despite the high U.S. dollar gold price, Hambro explained.

"We've got a situation where the mined production of gold is going to be declining for the foreseeable future," he said.

According to London-based precious metals market consultant GFMS Ltd., global mine production in 2003 remained flat about 2,590 tons.

While there are pockets of new supply emerging in countries like Russia and China, Hambro said global output will inevitably suffer from a lack of exploration.

"One of the big changes in the mining sector as a whole has been a significant cut (in) exploration expenditure, which is obviously reducing the probability of finding new projects to exploit," he explained.

Thus, gold reserves are increasingly being mined at a faster rate than they are being replaced, Hambro said.

"For example, (Newmont Mining Corp.) has to find seven million ounces of gold a year just to stand still; in order to grow, they've got to (increase reserves) more than that," he said of the world's largest producer.

The same is true of other top producers, such as South Africa's AngloGold Ashanti Ltd. (AU), Hambro said.

"You don't find seven million ounce gold mines every day," he said.

Prospect Of Falling Central Bank Sales "Very, Very Exciting"

A less certain, but nonetheless bullish, component of Hambro's views on gold supply is the uncertainty surrounding European central bank sales.

Early this year, 15 European central banks renewed their five-year-old gold sales accord, known as the Washington Agreement, for a further five years.

Under the terms of the original deal, which expired in September, the signatories agreed to limit aggregate sales to 400 tons a year, or a total of 2,000 tons over the life of the accord.

While the extension raised the annual cap to 500 tons,this is "still well within the amount the market can tolerate," Hambro said.

But the growing prospect that total sales will fall below the 2,500 ton five-year cap, possibly by a wide margin, represents significant upside potential for gold, he noted.

"The question mark surrounding this agreement is who is actually going to sell the gold, and this is what is posing the big opportunity in the market today," Hambro said.

Large sellers under the first deal, including the Swiss central bank and the Bank of England, are likely to all but stand aside this time, according to analysts.

"The original speculation focused on the Germans, the French and the Italians," Hambro said, referring to possible major sellers under the new agreement.

Initially, government officials from the aforementioned countries were widely believed to be in favor of liquidating large chunks of their bullion reserves to balance their budgets and retire debt.

But in recent months, disagreements between government officials and central bankers, surrounding the mechanics and legal aspects of deploying the proceeds from gold sales, have diminished the likelihood of large sales by France and Germany.

"And the Italians have come out... and said they're not going to sell their gold at all and have no plans to do so," Hambro said.

The market is thus currently trying to figure out who might actually sell bullion, and musing over the possibility that total sales might fall well short of the 2,500 ton limit, Hambro explained.

"If gold is not sold under this agreement, then the market will be very, very exciting for a number of years to come," he said. "The market could not tolerate an absence of supply to this degree without prices having to rise."

@freccia di stoccardo: du kannst doch den Gata-Käse unmöglich in der Zeit lesen.

Es ist doch schade um die elektonische Tinte.

Was mir Sorgen macht..........die Watchlist der Minen ist tiefrot und der Amex zieht nicht.

Das kann über Nacht furchtbare Prügel geben.

Aber was ist mit meiner Wette wg.Moto..........mein Einsatz steht.

Zitat

Original von silber13

Moin,

da Du aus Belgien kommst, könntest Du bei Munters und Euro Gold mal nachfragen, ob deren Preise im Internet Endpreise, d.h. Barverkaufspreise darstellen?

Danke!

Alles anzeigen

http://www.munters.be/servlet/…lass?pgm=lst_or_new&lg=nl

Die preise sind interbankpreise fur muenze die in lager sind und nicht bestelt werden mussen
Die preise fur leute die in den laden ineinkommen und kaufen moechte
sind etwa 1.5 bis 2 Euro hoher dan die interbank preise die gepostet werden
Euro gold wird versichert versenden ; Munters hat kein versand service
Da die nur verkaufen was vorratig ist best anrufen und fragen was die haben und den preise
AGK

Hier ein Bericht den ich recht gut finde.
Man ist sehr häufig geprägt von irgend welchen "Zahlen".
Das stellt alles ein bisschen in ein anderes Licht.

Kenneth J. Gerbino
Archives
Kenneth J. Gerbino & Company
Investment Management
November 11, 2004

The $430-$435 price level that everyone is talking about as a major resistance level for gold is based on prior highs in 1990, 1993, and 1996.

There is a big problem with this concept. Those days are gone.

Since then money supply, trade deficits, debt levels and world government budget deficits have mushroomed. Inflation at just 2% per year since 1993 (to use as a mid-point) would equal an increase in the gold price to $535.

Therefore there are no real-world comparisons to support the paranoia about the $430 level.

What is real is that gold has had a big run up in the last 6 months and yes it may need a rest. Also with the dollar being very weak and most likely oversold the last few weeks, gold may rest or back off here. But these are small waves hitting the beach. The tide is more important, and the economic tide says gold goes a lot higher. Buy on sell-offs.

Again using 1993 as a mid-point, since then:

M2 Money Supply is up 85%
Trade Deficits were running $100 billion a year, now they are $600 billion
Debt as Percent of GDP was 240%, now over 300%
China and India as economic powers have almost doubled their GDP
Government Debt globally has increased by Trillions
There are plenty more statistics, but I am off to catch a plane to address the RMG Mining Trade Group Conference in Stockholm with the London Royal School of Mines and Barclays Bank. I will be sure to let them know this conclusion... lots of people may be selling at these levels but the fundamentals, which are reality, are opposite to any interpretation of the long-term graph. The long-term graph is measuring a totally different world we left behind 10 years ago.

Please visit our website for more articles on gold, mining shares and the economy .

10 November 2004
Kenneth J. Gerbino
Archives

Kenneth J. Gerbino & Company
Investment Management
9595 Wilshire Boulevard, Suite 303
Beverly Hills, California 90212
Telephone (310) 550-6304
Fax (310) 550-0814
E-Mail: kjgco@att.net
Website: http://www.kengerbino.com

321gold Inc

Hallo zusammen,

hier mal ein schönes Bild.
siehe den Tagskommentar zu heute.

http://www.contrarianthinker.com/

ich finde es einfach gut wenn ein Ausbruch aus einem symetrischen Dreieck nochmals getestet wird.

1)

New Jersey Mining Company - Announces Silver Discovery
Thursday November 4, 12:02 pm ET

KELLOGG, Idaho--(BUSINESS WIRE)--Nov. 4, 2004--New Jersey Mining Company (OTCBB:NJMC - News) announces that it has staked a claim on a high grade silver occurrence in the northern part of the greater Coeur d'Alene Mining District. The discovery is a "greenfields" discovery in that no prospecting work has ever been done at the site. Two large samples of a boulder train in a talus slide near the top of a ridge assayed an impressive 613 and 419 grams/tonne silver (17.90 and 12.24 ounces/ton), respectively. The samples also contained 0.4 grams/tonne gold.

The new property has been named the Silver Button. The silver mineralization consists of black sooty coatings of argentite, a silver sulfide on quartz veining. The host rock is Prichard formation and an igneous intrusion is located nearby. An exploration plan will be formulated which will include geophysics and a helicopter drilling program.

"The discovery of the Silver Button property shows that our exploration strategy is successful. Outlying areas from the well-known, deep silver mines in the Coeur d'Alene Mining District have not been well explored, and the geology is favorable to finding deposits of gold and silver near the surface", said Company President Fred Brackebusch. Management believes that is more economical to conduct surface exploration than to explore for silver at the bottom of a mile deep mine. Mining operations resulting from a successful discovery will also be more economical on shallow deposits.

New Jersey Mining Company is involved in exploring for and developing gold, silver and base metal ore resources in the Coeur d'Alene Mining District of northern Idaho. The Company has a portfolio of mineral properties in the Coeur d'Alene Mining District including the New Jersey mine, the Silver Strand mine, the Golden Chest mine, the Lost Eagle project, the CAMP project, the Scotch Thistle project, and the new Silver Button project.

This release contains certain forward-looking statements within the meaning of the Federal Securities Laws. Such statements are based on assumptions that the Company believes are reasonable but which are subject to a wide range of uncertainties and business risks. Factors that could cause actual results to differ from those anticipated are discussed in the Company's periodic filings with the Securities and Exchange Commission, including its annual report on Form 10-KSB for the year ended December 31, 2003.

Further information about New Jersey Mining Company can be reviewed on the website of the Securities and Exchange Commission at http://www.sec.gov or on the company's website at http://www.newjerseymining.com

2)New Jersey Mining Company Private Placement (10.11.04)

Dear Shareholders & Investors:

New Jersey Mining Company is starting the process of raising funds through a private placement. We hope to raise $1,485,000 by selling 2.7 million units for $0.55 per unit. Each unit consists of one share of common stock plus one-half of a warrant. Each full warrant is exercisable until April 1, 2006 for a price of $0.85. The shares will be restricted by Rule 144 which means they must be held for one year prior to selling subject to certain volume limitations. The shares underlying the warrants are also restricted by Rule 144.

The proceeds of the placement will be used to fund exploration drilling at various properties, start-up capital for the Silver Strand mine, start-up capital for a 50 tonne per day mining operation at the Golden Chest, improvements to the New Jersey mill to increase capacity, and general corporate purposes. More details can be found in the Private Placement Memorandum.

The offering is limited to persons in the United States who are accredited investors or investors that meet certain sophistication requirements. Investors who may wish to participate in the placement should contact me for additional information.

Regards,
Grant A. Brackebusch
Vice President
New Jersey Mining Co.
Phone: 208-783-1032
Fax: 208-783-3331

Germoney

Hallo,

diese Buchempfehlung gab es hier schon einmal im Board.
Roland Baader : Geld, Gold und Gottesspieler

Es lässt sich nicht so leicht lesen wie bspw. Leuchels Greenspandossier. Trotzdem eines der besten Wirtschaftsbücher der letzten Zeit/Jahre. - erschienen Oktober 2004
Hier der Link zu Amazon:
http://www.amazon.de/exec/obid…31957/302-8003674-3619261

(dort wird das Buch mit 29 Euro ausgepreist, ich hab es allerdings wundersamer Weise im Buchhandel für 24 Euro erstanden. - Trotz Buchpreisbindung

Hallo zusammen,

habe eine nette Chartanalyse gefunden:
Hier der Link.

http://www.contrarianthinker.com/Junction.htm

Ich bin und bleibe bullish.
Der Hauptgrund ist der COMEX Silberlagerbestand, der kontinuierlich abnimmt.

Silversurfer

Gold aktuell knapp 439 Dollar
Silber aktuell über 7,60

und das trotz relativ guter Wirtschaftsdaten in den letzten Tagen/Wochen.

Sollten das in etwa auch die Schlussstände heute sein, wäre dies auch nach Ansicht der meisten Charttechniker der endgültige Durchbruch.

und SA Aktien tiefrot, wie pervers.

option63

tja,das Spielchen mit den "tollen" Wirtschaftszahlen kennen wir ja nun schon lange!
Ich geb da jedenfalls keinen Pfifferling drauf...Höchstwarscheinlich sehen wir jetzt für
eine ganze weile ein -scheinbar- unmögliches Szenario: Gold,Silber etc. steigen wie doof gegen den Dollar und die Wonderland-Indizees ebenfalls!Dh. die Konfetti-Presse der FED läuft auf absoluten Hochtouren,was dem wonderland-Taler sicher nicht gut tut!

Rechne aber trotzdem mit einer weiteren herben Attacke der cabals,spätestens bei 8,40 herum,damit dann alle glauben wir hätten ein dolles "Doppeltop"....

...ach ja,hab ich beinahe vergessen: der Neue "godmode":

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