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

  • Appendix


    To John Wallis in Australia:


    Your emails from me keep bouncing back.
    Been working on your overpayment problem. Still trying to credit your account for 3 memberships.
    Because over one year old, jumping through hoops to get it done.
    Might have to send a check by Fed Ex.
    Will know soon.
    Best regards,
    Bill


    -END-


    I spoke today with Paul Mladjenovic, a veteran GATA supporter, about his upcoming conference in Fort Lee, New Jersey on March 19:


    Financial Vortex


    Growing & Protecting your Wealth


    During the Coming Unavoidable Financial Storms


    He has arranged a special deal for Café members and GATA supporters. Should you be in the area and like to attend, please contact me by email and I will give you the details. Among other things, you will learn:


    • How to retire safely without depending on Social Security


    • What investments & strategies are dangerous right now.. avoid them like the plague.


    • The hottest areas to invest you money with the potential to earn over 1000%


    • What resources can provide an "early warning" before the crowd finds out


    • What investment sectors have the ability to help you turn $5,000 into six figures (or more)!


    • How will easily learn about politics & economics and how they will affect your wealth


    • A simple checklist to make sure that your financial success is more secure


    • The five things you MUST do before you invest a single dollar


    • How to get off the grid… pay no more utility bills! and much more…


    For more information, call 201-714-4953 or email us at Paul@Mladjenovic.com

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • March 8 – Gold $440 up $5.60 – Silver $7.49 up 14 cents


    Gold (Silver) Volcano Starting To Blow / $6 Rule Again / Baum: The Bloomberg Blowhard


    "A nation can survive its fools, and even the ambitious, but it cannot survive treason from within. An enemy at the gates is less formable, for he is known and carries his banner openly, but the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not as a traitor, he speaks in accents familiar to his victims, and he wears their face and garments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to be feared."
    Marcus Tullius Cicero, 42BC


    GO GATA!

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • Go Gold Rush 21!


    The gold, silver volcano is heating up.


    The funds were massive early buyers. The Gold Cartel was a massive early seller. Real surprise, right? The bullion dealers in the cabal received instructions from headquarters to defend the $436/$437+ level. The fact that the CRB had risen another 2 points early on was irrelevant. As pointed out by MIDAS and other GATA supporters so often, this bunch of crooks couldn't care less about getting a higher price for their sales. Their goal is to cap the price in an orchestrated fashion in order to keep gold excitement to a minimum and to deceive the investing public re the true inflation picture in the United States. I have said this before, and say it again … we have a building scandal which will dwarf Watergate when all is said and done. The scandal will surface when the US stock and real estate markets tank and the average Joe and Jane is screaming as to how it could have happened … that they lost so much of their hard earned money and net worth. The GATA ARMY will be there to explain how the Orwellians operated with their Father Knows Best, misguided, Economic Fascism ways.


    Gold was held in check in the early going as The Gold Cartel and allies held their fort right above $437 when Morgan Stanley, an early seller along with the bums, turned sudden buyer. This pushed gold through huge resistance and touched off buy stops.


    It’s more than infuriating to watch gold diddle around like it is, capped by the crooks, when you see what other commodities are doing. The silence of the mainstream gold world over the gold price manipulation is almost incomprehensible. Take a look at these charts re what is going on in the real world where markets trade freely:

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • May copper
    http://futures.tradingcharts.com/chart/CP/55


    March 8 (Bloomberg) -- Copper prices rose to a 16-year high in New York and touched a record in London on expectations that production of refined metal from the world's smelters will lag demand through June.


    Smelters aren't boosting output because some are shut for maintenance, Merrill Lynch & Co. said today in a report. Inventory monitored by the London Metal Exchange has plunged 80 percent in the past year. World supply is equal to three weeks of demand, down from more than six weeks in early 2003, said Jon Bergtheil, an analyst at J.P. Morgan Securities Ltd. in London.


    ``Anything below four weeks is still a danger zone,'' Bergtheil said. ``There is no doubt that copper is extremely tight in the first half of the year.'' –END-


    March coffee
    http://futures.tradingcharts.com/chart/CF/35


    March lumber
    http://futures.tradingcharts.com/chart/LU/35


    April crude oil ($54.59, up 70 cents per barrel)
    http://futures.tradingcharts.com/chart/CO/45


    LONDON BRENT CRUDE RISES SHARPLY TO NEW RECORD ABOVE $53.00 ON STRONG DISTILLATES, WEAK DOLLAR - Reuters


    May soybeans
    http://futures.tradingcharts.com/chart/SB/55


    May cocoa
    http://futures.tradingcharts.com/chart/CC/55

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • Now, look at the CRB itself – nothing less than a moon-shot. Yet, gold is never allowed to violate the $6 Rule with The Gold Cartel giving gold longs a crumb here and a crumb there. Gold is NEVER allowed to trade like other commodity markets.


    April CRB
    http://futures.tradingcharts.com/chart/RB/45


    By day’s end the spot CRB closed at 312.64, up another 3.24. It has risen in parabolic fashion over the last month to 24-year highs:


    Commodity Prices Rise to 24-Year High on Rallies in Copper, Oil


    March 8 (Bloomberg) -- Commodity prices surged to a 24-year high, led by gains in copper and crude oil, on concern that global economic growth is eroding inventories of raw materials faster than supplies can be replenished. (see full story in Appendix)


    -END-


    The commodity market action and coming inflation, as a result of soaring commodity prices, should have gold going berserk all by itself. Any downside move in the dollar should only be added fuel to the fire. If gold were not managed by the low-lifes in the cabal, it WOULD BE trading in that manner.

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • Yet, the dollar has completed a huge rally top formation and broke down today itself, closing at 81.97 below significant support at 82, down .81 and lower against all major currencies. The odds of the dollar taking out 80 are very high. Add the weakening dollar to the soaring commodity prices and we should have gold $500 bid right now, minimum.


    March dollar
    http://futures.tradingcharts.com/chart/US/35


    Which takes us to the bond market, which was collapsing recently until the bond vigilantes uncovered how weak the US economy actually is after deciphering the real US jobs situation. The rah-rah over a strong jobs number was nothing more than Wall Street spin. We know better. The real story (see Kirby at The Little Bear Table) was 27,000 jobs were lost in February, so the bond market took off.


    However, reality regarding soaring US inflation has taken hold again with these same vigilantes. How could it not? I assume they can read charts. With commodity prices in the US going bananas, the May 30-year fell nearly a point to 112 13/32.


    March bonds
    http://futures.tradingcharts.com/chart/TR/35

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • Back to gold. One nice change of the usual pattern was gold managed to make new highs and nicely so on the close … with The Gold Cartel fighting the controlled rise at each interval. However, when viewing the commodity, dollar and bond action, gold should have risen sharply, at least $12, or more. Thus, my usual disgust.


    Silver was a joke. The bums knew they were going to have trouble with gold so the price managers sat on silver all session long. It closed around 4 cents LOWER than where it first traded 10 minutes after the opening. Silver LEAPED out of the gate, rising 17 cents right off the bat and then hit a brick wall, courtesy of The Gold Cartel.


    May silver
    http://futures.tradingcharts.com/chart/SV/35


    Heard from our STALKER source this morning. The small Stalkers (most likely Chinese buying groups) have all been buying physical gold over the past 10 days. One of them bought silver for the first time. This same source said the talk in London over silver moving up sharply from present levels is spreading with a number of well-heeled clients purchasing, or looking to purchase.


    Our STALKER source says the London dealer crowd is looking for gold to rise to the $450 to $460 level in the months to come, with silver taking out $9, and the dollar breaking below 80.


    The gold open interest fell 2376 contracts to 290,549, while the silver open interest dropped 307 contracts 99,377.


    The March euro finished the day at 133.47, up 1.43.

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • The John Brimelow Report


    Fascinating COMEX est. volume
    Tuesday, March 08, 2005


    (Sorry for brevity & lateness- weather problems.)


    Bombay, India’s financial capital, was closed for a local holiday today.


    Indian ex-duty premiums from the other importing cities continued ample for legal imports, with world gold at $434.80 and $435.


    TOCOM continued to show no enthusiasm. On volume equal to 13,562 Comex lots (-15%), open interest slipped the equivalent of 450 Comex. Mitsubishi’s data suggests the “Public” cut their long by 3.5 tonnes (1,125 Comex lots). The active contract, however, was up 4 yen because world gold was $1.20 above the NY close at the end. Somewhere in the Far East there is a buyer. (NY yesterday traded 32,403 lots; open interest fell 2,346 contracts.)


    The ECB’s captive Central Banks sold E68 Mm of gold last week, which implies about 6.5 tonnes. Somewhat below the recent norm (the previous week seemed to be 9.4 tonnes). Taken at face value, this acquits the ECB group of the heavy selling seen last week.


    Comment on Monday’s rather tedious trading is superfluous. More interesting is to contemplate the Comex estimated volume for today: 70,000 lots (e.g. well over double Monday’s 32,403) with 24,000 trading in the last half hour (during which gold soared an enormous $1.60!). Clearly, the seller is still with us.


    JB

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • CARTEL CAPITULATION WATCH


    The liquidity in the US financial system and hype by Wall Street has the US stock market holding its own. With all that went on today, the DOW only lost 24 to 10,913, while the DOG gave up 13 to 2073. Denial and spin continues to reign.


    US economic news:


    07:46 UBS chain store sales (0.4%) in 3/5 week vs. +1.5% in prior week
    * * * * *


    08:55 Redbook chain store sales index (1.0%) month-to-date in March vs February The is the first report for March, with sales through the 3/5 week.
    * * * * *


    NEW YORK, March 8 (Reuters) - U.S. consumers' confidence fell to a nine-month low in March, reflecting worries about the prospects for the economy, according to a survey released on Tuesday.


    Investor's Business Daily and TechnoMetrica Market Intelligence said their economic optimism index slipped 1.8 points to 53.0 from February's 54.8. A reading above 50 indicates optimism.


    The six-month economic outlook, a measure of how consumers feel about the economy's prospects in the next six months, declined by 2.6 points to 48.6, a 24-month low.


    "What is most worrisome is that the economic outlook component sank below 50 this month. The last time it did that was back in March of 2003, on the eve of the Iraq war," Raghavan Mayur, president of TIPP, a unit of TechnoMetrica Market Intelligence, IBD's polling partner said in a statement.


    The personal financial outlook measure dipped 0.1 point to 61.8, while an index measuring confidence in federal government policies dropped 2.6 points to 48.6.


    The overall gauge is based on over 900 interviews in the first week of March.


    -END-

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • Input from Germany on the dollar:


    BERLIN, March 8 (Reuters) - Germany's BGA exporters' association on Tuesday predicted the euro would rise to $1.35 in the second half of this year and gradually head up toward $1.40.
    At a presentation of the group's latest forecasts for German foreign trade in Berlin, BGA President Anton Boerner said he did not expected a collapse in the U.S. dollar but recommended hedging at the current level. –END-


    Lies, lies and more lies.


    You know by now I am in an agitated, disgusted mood. However, it is not only me these days. For those who live on our planet and see what is really transpiring in the US financial markets, financial press and government spin programs regarding one fabrication after another, versus telling the American public the truth, it is nauseating to watch the Orwellians do their thing day after day.


    (On a side note, once you know what we know, it becomes extremely difficult to view what is going on in any other manner. The reason is we keep coming across bits of EVIDENCE upon EVIDENCE which ALWAYS confirms what we uncovered in the first place, further supporting our original discovery. Thus, once you arrive on our planet, it is almost impossible to move back to the other one and view the world the way those do on the Wall Street/Washington mainstream spin planet.)


    Anyway, Bill King and Houston’s Dan Norcini have a few salient points to make about the lies, the ones we discovered upon the move to our planet. The word lies tends to offend many as it leaves little wiggle room for error in the interpretation of a comment. The harshness of the term goes all the way back to when we were kids. What could be worse as a youth than to be called a liar? Actually, I wish I could thing of a stronger term to describe the goings-on as I really think describes them.

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • The King Report
    M. Ramsey King Securities, Inc.
    Tuesday Mar. 8, 2005 – Issue 3111 "Independent View of the News"


    The WSJ notes in "Fed Officials Worried Throughout 1999 About Stock Market" that Easy Al did indeed know he had fomented a bubble and he and his droogs were deeply concerned about the ramifications. The transcripts of Fed meetings have established that Easy Al and other Fed officials are liars. They lied about not knowing that stocks were in a bubble and they lied about not knowing how to recognize a bubble. And they lied when they said one can’t recognize a bubble until after it bursts.


    The WSJ: "Federal Reserve Chairman Alan Greenspan and his colleagues continued to regard the soaring stock prices of the late 1990s as a "bubble" long after he publicly stated it was beyond his ken to make a prognosis of investor giddiness, according to new documents released by the U.S. central bank. Amid an international fright in 1999 about the economic havoc that might be wreaked by the so-called Y2K computer bug, many Fed policymakers said they thought the likelihood of big disruptions was small, transcripts of their meetings that year show. But they worried regularly about how to manage the stock "bubble" and delayed interest-rate increases partly because they feared triggering a market crash. . . . In public, Mr. Greenspan changed his approach. In August 1999, Mr. Greenspan delivered a speech in Jackson Hole, Wyo., in which he argued that monetary policymakers shouldn't directly try to deflate stock bubbles but instead focus on ameliorating their economic effects. That's because they were incapable of identifying bubbles until after they had popped: "Collapsing confidence is generally described as a bursting bubble, an event incontrovertibly evident only in retrospect," he said. Within the FOMC, however, Mr. Greenspan and many of his colleagues continued to describe the activities of stock investors as characteristic of a bubble. In December 1999, he agreed with a staff forecast that predicted stock prices would stabilize, adding "it is only a question of how much of a bubble there is in this process." At that meeting, he also said: ‘I see overheating other than in the stock market.’…Greenspan and Ms. Rivlin also advised caution in raising interest rates over the course of the year because of the difficulty of predicting U.S. economic performance. "The bottom line is that we really do not know how this system works," Mr. Greenspan said at a November meeting. ‘It's clearly new. The old models just are not working.’" Please note the concern and influence of Slick acolyte, Alice Rivlin. http://online.wsj.com/public/us..


    -END-

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • From Dan:


    Bill and Jesse,
    I just finished watching the local news down here to catch the weather and they had a story on about the rising cost of energy and its effects on consumers.


    It was very succinct and to the point and really captured the gist of what is going on out there in the real world in which real people live.


    They began by showing a family of five that had arrived at the airport and talking about how the recent $20-$30 additional fuel surcharge being assessed by airlines on all tickets was making flying more difficult for consumers. In the case of this particular family, the increase due to fuel surcharges was between $100-$150 extra.


    They then went on to interview a cab driver at the same airport asking him what an expected $.25/gallon increase in gasoline this summer would do to his business. His answer was that a lot of cab drivers were finding it increasingly difficult to make a profit and some of the smaller ones would go under if the cost of fuel kept rising. He did not say anything about raising the per mile cost to customers but I would expect that to be highly likely. Of course we know that never happens in the real world because service providers do not pass on rising costs to end users - just refer to the CPI if you have any doubt.


    What really burned me as I sat there watching it with my wife was recalling the words of liar in chief at the Federal Reserve, Alan Greenspan, and his recent asinine remark that inflation remained "well anchored". Throw Buffoon Ben Bernanke's parrot like reiteration that "inflation is not a threat" and it just sickened me all the more.


    I grabbed one of the kid's little play basketballs which is orange in color and held it up and told everyone in my house that the ball was blue and they were not to believe their own eyes no matter what those told them. That is exactly what is taking place today. The Fed trots out its shills who proceed to tell us how successful they have been in containing inflation and how they have managed to achieve monetary stability all the while every other sensory input informs us of the exact opposite. We are of course expected to reject what our own eyes tell us and believe what these self-anointed new priestly class assert as if it were divine revelation itself.
    Welcome to the Fed-created "The Matrix".
    Dan

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • More from Dan:


    Hey Bill:
    More anecdotal proof of the "accuracy" of the CPI... The first story is a domestic one. The second is international with domestic implications. As you know, I have been pounding the table for what seems like an eternity about rising steel prices as it is one of the most important industrial commodities since so many goods or products are steel based. Rising steel prices cannot be long ignored. The percentage rise in iron-ore prices is simply phenomenal.


    Never fear however - Sir Alan says inflation is "well-anchored" and Bernanke treats us to such "thoughtful analysis" as "inflation remains well contained"....
    Dan

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • US gasoline price to hit record $2.15 a gallon-EIA


    WASHINGTON, March 8 (Reuters) - U.S. gasoline prices will hit a new record high this spring, reaching a national monthly average of $2.15 a gallon, the U.S. Energy Information Administration said on Tuesday.


    During the busy 2005 driving season, which runs from April through September, gasoline will average $2.10 a gallon, up 20 cents from the same period last year, the EIA said in its monthly energy forecast.


    The current average pump price for regular unleaded gasoline jumped 7.1 cents over the last week to $2 a gallon, up 26 cents from a year ago, according to an EIA survey of service stations.


    The record high U.S. gasoline price was $2.06 a gallon set last May. However, when adjusted for inflation in today's dollars, the highest price for gasoline was $3.08 a gallon in March 1981, according to the EIA.


    -END-

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • Iron-ore price rise to cost Germany 1 bln euro


    BERLIN, March 8 (Reuters) - This year's 71.5 percent rise in iron-ore prices would cost Germany's steel industry one billion euros and force a rise in steel prices, the head of German steel industry association WVS said on Tuesday.


    Brazilian mine CVRD <600019.SS> in recent weeks succeeded in extracting a 71.5 percent price rise for iron-ore shipments in 2005 in Japan, Taiwan, Australia, and parts of Europe, Dieter Ameling said.


    "As steel companies in Germany are also set to be forced to make settlements at a similar level, they face extra costs of over 1 billion euros ($1.33 billion)," he told a conference on commodities organised by German industry association BDI.


    "This would have an impact on the entire steel market. Steel companies would have to pass the extra burden onto the market."


    The small number of companies in the global ire ore trade was partly to blame for the high ore price rise, he said. It came at a time when Germany's steel industry also faced rising scrap metal prices.


    -END-

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • Yes Dan, the people at the Fed make the Orwellians and the Wizard of Oz look good – there is no inflation because they say so: 14:15 Fed's Poole says 'measured pace' must come out of FOMC statement at some point - Reuters
    * * * * *


    14:17 Follow up: Poole says inflation expectations are 'very well contained' - Reuters
    * * * * *




    Bernanke Says Federal Reserve Will Keep Raising Rates in a `Measured Way'


    March 8 (Bloomberg) --
    The Federal Reserve will continue to raise interest rates ``in a measured way'' as the economic expansion becomes self-sustaining with little threat of escalating inflation, Fed Governor Ben Bernanke said.


    ``With the economy strengthening, with inflation stable, and with the federal funds rate still at a relatively low level, at this point my expectation is that the committee will continue to remove policy accommodation in a measured way,'' Bernanke said in the text of a speech to the Executives' Club of Chicago. –END-



    Like CNBC’s Lawrence Kudlow, who will surely point to the subdued price of gold as evidence Poole, Bernanke (and Greenspan) are correct. There is no inflation.


    This truly is MADNESS!

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • Rhody checks back in:


    Hi Bill:
    Last night's Midas concerning critical staff shortages curtailing mine development in Australia and Canada reminded me of my own experiences in this regard. I was a geology teacher in an Ontario high school for 30 years.


    In 1999, the neo-conservative government in Ontario, Canada cancelled geology across the board in Ontario curriculum. As is typical of extreme right wing governments, they are anti-education and anti-academic. In the case of Ontario, the strategy was to under fund and degrade the public system in order to facilitate a move toward a privatized education system.


    Without the geology input at the highschool level, geology enrolment at universities has shrunk to one third the size of the 1980s. So part of the problem is related to the business cycle, part cultural and part bad government. Bad government reduces us all. What happened to me?


    I got out of teaching early and made more money with less effort than I ever did in the classroom. Even though the neo-cons are gone now, I won't go back, nor help to re-introduce geology. Geology requires an almost religious fanaticism to be successfully taught plus huge donations of time and material by the teacher. Nobody will make that effort, knowing that the neo-cons are still out there waiting to tear down the system again.
    Regards, Rhody.

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • The gold/silver senior shares roared today, as well they should have. What we have going on here in the commodity world is nothing short of sensational. People who don’t realize The Gold Cartel is out there ought to want IN on gold and silver as they are so incredibly undervalued relative to other commodities and becoming more so by the day – much less the ones who do know The Gold Cartel will be carried out some day.


    The XAU moved up 3.32 to 102.27. The HUI (223.71, up 8.05) blew through 220 with ease and now has completed a significant reverse head and shoulders formation which should propel the shares to much higher levels. The first important resistance surfaces at its old highs around 258. A lot of money to be made here in the weeks and months ahead.


    HUI
    http://bigcharts.marketwatch.c…&o_symb=hui&freq=1&time=8


    Compared to the other commodity charts, gold's is a bore. We all know why. What is important here is the pressures brought to your attention by your pounding the table MIDAS the past couple of days, and couple of weeks, are beginning to manifest themselves, Gold Cartel or no.


    Even with the $6 Rule imposed by the cabal, gold broke out cleanly from Gold Cartel resistance. There were just too many funds, which are making fortunes in other commodity markets, who wanted IN:


    April gold
    http://futures.tradingcharts.com/chart/GD/45


    While I am thoroughly disgusted at the bums for their continued violation of US anti-trust laws and making a mockery of the notion we have free markets in the US, the big picture remains FABULOUS.


    The corrupt Gold Cartel is like the boy with his finger in the dike. With commodity prices doing what they are, the dollar in the deepest of trouble and interest rates headed higher, more and more investors all over the world will turn to gold. There is SO MUCH money out there waiting to pounce on the tiny gold market, The Gold Cartel will not be able to turn back the flood of buying.


    Gold, silver and the shares remain THE historic investment opportunity of a lifetime!


    GATA BE IN IT TO WIN IT!


    MIDAS

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • Appendix


    After many of the mainstreamers in the gold industry, my biggest beef is with the US financial press and those in our government running around the world promoting democracy when we don’t even have a FREE financial market press in the US, nor do we have FREE financial markets. This particular rant touches on the lack of free press and I am going to focus on a highly regarded Bloomberg journalist, Caroline Baum, and Bloomberg itself.


    Six years ago this coming June, Bloomberg gold reporter Claudia Carpenter came to a luncheon GATA gave in New York in which I explained to the attendees what GATA uncovered and what we had to say. The word GATA has not been mentioned once before then, or since, by Bloomberg. Not mentioned once even though we have received focused commentary on us by:


    *Oleg V. Mozhayskov, Deputy Chairman of the Central Bank of Russia, who bluntly brought GATA to the attention of the mainstream gold world. Mozhayskov delivered the keynote address at the London Bullion Dealers Conference in Moscow on June 4th 2004. His speech was delivered in Russian. The only words he mentioned in English were Gold Anti-Trust Action Committee (or GATA).


    *Sprott Asset Management in Toronto, which released its own publication in August 2004, "Not Free, Not Fair: The Long-Term Manipulation of the Gold Price," confirming GATA's work.


    *Eckart Woertz, vice president of CFC Securities in Dubai, for the Gulf Research Center, who just last week published a study, "The Role of Gold in the Unified Gulf Cooperation Council Currency," by his research foundation in Dubai. The report endorsed the Gold Anti-Trust Action Committee's findings that Western central and commercial banks have rigged the gold market and have much less gold than they claim to have and so are vulnerable to rising demand for gold.


    Yet, not one word from Bloomberg, who wouldn’t even mention our GATA African Gold Summit in Durban, South Africa, attended by 5 sub-Saharan gold producing nations, the SA Reserve Bank, trade unions, SA gold producers, etc. The South African Broadcasting Company featured us two days running. Bloomberg? Nothing!


    Instead, via email commentary, Ms. Baum has resorted in the past to the most banal, trite commentary when having to deal with what GATA has to say. In this regard, she and her financial press colleagues in the rah-rah Wall Street world are nothing short of feeble for their lack of integrity when it comes to our issues.


    Enough said. You can easily grasp all of this by reading one of her recent commentaries, followed by an exchange between Ms. Baum and GATA’s Wistar Holt.

    Die Börse ist wie ein Paternoster. Es ist ungefährlich,
    durch den Keller zu fahren.


    Man muss nur die Nerven bewahren !

  • Mittwoch 9. März 2005, 17:29 Uhr


    42 Minenarbeiter in Südafrika nach Beben unter Tage eingeschlossen}


    Johannesburg (AFP) - Nach einem Erdbeben sind am Mittwoch in Südafrika 42 Arbeiter einer Goldmine unter Tage eingeschlossen worden. "Die 42 Arbeiter sitzen in einem Schacht 2400 Meter unter der Erde fest", erklärte ein Sprecher des Betreibers zweier Goldminen nahe der Stadt Klerksdorp 160 Kilometer südwestlich von Johannesburg. Rettungskräfte versuchten, durch das Gestein einen Weg zu den Eingeschlossenen zu schlagen. Die Bergung von 3200 Arbeitern dauerte am Nachmittag an. 13 Bergleute waren durch Steinschlag verletzt worden.


    http://de.news.yahoo.com/050309/286/4g7pu.html

Schriftgröße:  A A A A A