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

    Teetrinker


    Du schreibst


    Zitat

    Ist schon seltsam: Kritisiere ich Butler, ist das falsch. Und berufe ich mich auf seine Zahlen, ist das auch falsch


    Mann kann es auch etwas anders sehen:


    Zuerst nennst Du Butler in einem Deiner Postings einen Idioten der in die Klappsmühle gehört, und ziehst seine Aussagen ins Lächerliche.


    In Deinem ersten Posting von heute machst Du Deine Aussagen in der ICH Form:


    Zitat

    "Gold verfolge ich nicht, für Silber habe ich es anderer Stelle schon mal vorgerechnet. Die "Manipulateure" haben mit Sicherheit bislang kein Geld verloren"


    und weiter:


    Zitat

    "Ich habe berechnet", und "außer mir redet hier auch keiner von den Cotango-Gewinnen der "Manipulateure".


    Jetzt neuerdings unterstellst Du plötzlich diese Aussagen Ted Buttler, einem von mir hoch geschätzten Silberanalysten, und beschwerst Dich darüber, dass ich sie kritisiere.


    Falls Du Aussagen von Butler Zitierst, solltest Du diese nicht in der Form "Ich habe vorgerechnet", und "Ich habe berechnet" oder "ausser mir redet hier niemand" präsentieren, sondern klar als Ted Butler Aussagen bezeichnen, oder noch besser, mit einem Link auf seine Aussagen querzuverweisen.


    Ich bin mir jedoch sicher, dass diese beiden obigen von Dir gemachten Aussagen NICHT von Ted Butler stammen, sondern nur eine weitere (falsche) Interpretation von Dir darstellen.


    Gruss


    ThaiGuru

    [Blockierte Grafik: http://csl.finanznachrichten.d…boerse-nachrichten-s1.gif]


    http://www.finanznachrichten.d…04-03/artikel-3175842.asp


    Freitag, 19. März 2004


    NYMEX: Goldbulle lässt seine Muskeln spielen


    Der Goldbulle beweist in dieser Woche seine Stärke: Den fünften Tag in Folge steigt der Goldpreis an – heute erreichte er im laufenden Handel an der New York Mercantile Exchange ein Hoch bei $413.60. Zuletzt notiert Gold $1.10 im Plus bei $411.80. Anhaltende Sorgen um die Inflationsentwicklung in den USA nach stärker als erwarteten Anstiegen bei den Erzeugerpreisen sorgen für anhaltende Käufe an den Gold-Futures-Märkten.


    [Blockierte Grafik: http://www.finanzbuchverlag.de/bilder/gold17042004.gif]


    © BörseGo

    (Hallo Thai Guru, habe das unten genannte heute schon in einem anderen thread gepostet, paßt hier aber auch nochmal gut rein:)



    Ich kann das Geseihere von T-trinker über SICH und gegen Butler auch nicht mehr hören.


    Ted Butler ist nun mal DER Kenner der Materie. Und in den USA kannst Du schauen wo Du willst, in jeder ernsthaften Silber-Webseite wird er respektvoll zitiert, schließlich setzt er sich ganz nüchtern mit den Fakten auseinander - un die sprechen nun mal für sich.


    Die grotesken Herabwürdigungen Butlers, die T-Trinker pausenlos tätigt und sein sonstiges Gehabe werfen allerdings ein sehr bezeichnendes Licht auf ihn selbst.


    Frage an den Administrator: kann ich diesen User auch auf "ignore" setzen, damit ich die Beiträge nicht mehr sehen muß?


    Oder kann man T-Trinker nicht einen eigenen Thread einrichten, etwa unter der Überschrift:


    I C H [SIZE=7]und der rest der welt[/SIZE]

    [Blockierte Grafik: http://www.asia-economy.de/image/ae_logo.gif]


    http://www.asia-economy.de/php…n=reiter&tab=news&ID=9549


    Hongkong: Goldminenbetreiber Fujian im MSCI Index

    Hongkong 19.03.04(http://www.asia-economy.de)


    Wie ''Dow Jones Newswires'' heute mitteilte, ist der Goldminenbetreiber Fujian Zijin Mining Industry ( 2899 / CN000A0BKW45 ) nun offiziell, rückwirkend mit dem 27. Februar, in den MSCI China Index aufgenommen worden.
    South China Research stuft das 12 Monate Kurs Ziel auf 7,10 HK-$ auf.


    Am 23. Dezember vorigen Jahres ging die Aktie erfolgreich an die Hongkonger Börse. Der Ausgabepreis lag bei 3,30 HK-$ und das Unternehmen nahm 1,15 Mrd. HK-$ ein. Bei ihrem Börsenstart marschierte die 744 fach überzeichnete Aktie um über 75 % auf den Tageshöchststand von 5,80 HK-$.
    Der bisherige Höchststand liegt bei 6,80 HK-$.


    Heute ging die Aktie ging mit einem Aufschlag von 1 % auf 5,15 HK-$ aus dem Handel.


    13:23 (il)

    (Hallo Thai Guru, habe das unten genannte heute schon in einem anderen thread gepostet, paßt hier aber auch nochmal gut rein: (War diese Jahr übrigens auf Ko Bulon, kennst Du das? Einfach super!))


    [Blockierte Grafik: http://eur.i1.yimg.com/eur.yimg.com/i/de/fi/fi6.gif]


    http://de.biz.yahoo.com/040319/71/3y3jj.html


    Reuters


    Goldpreis hält sich auf hohem Niveau


    Freitag 19. März 2004, 17:28 Uhr

    London, 19. Mär (Reuters) - Der Goldpreis hat sich am Freitag infolge neuer Anschlags-Ängste auf dem am Vortag erreichten Niveau über 410 Dollar je Feinunze gehalten. Nach Händlerangaben reagierte der Markt nervös auf Meldungen, wonach es in New York Bombendrohungen gegen Schulen gegeben habe soll. Der Markt sei aber insgesamt unruhig, auch die Nachrichtenlage aus Pakistan werde stark beachtet. Überwiegend werde aber damit gerechnet, dass der Goldpreis noch weiter steigen könnte. Dafür müsste der Widerstand bei 413 Dollar durchbrochen werden.


    Die Feinunze Gold notierte zum europäischen Geschäftsschluss bei 411,40/412,10 (Vorabend 411,00/402,20) Dollar je Feinunze. Das zweite Fixing in London erfolgte bei 412,00 Dollar nach 411,00 Dollar am Vormittag und 410,75 Dollar am Vortag. Eine Schweizer Grossbank gab den Gold-Kilopreis mit 16.608/16.858 (Vorabend 16.567/16.817) sfr an.


    Mit 742,50 Cent erreichte das Silber beim Fixing in London ein neues Sechsjahreshoch. Zum Schluss stand der Spotpreis bei 7,40/42 (Vorabend 7,37/39) Dollar.

    [Blockierte Grafik: http://www.starbanner.com/grap…edesign/header/header.jpg]


    http://www.starbanner.com/apps…D=/20040319/APF/403190785


    Article published Mar 19, 2004


    Friday's World Gold Prices


    Selected world gold prices, Friday.


    Hong Kong late: $411.55 up $4.50.


    London morning fixing: $411.00 off $1.10.


    London afternoon fixing: $412.00 off $0.10.


    London late: $410.60 off $1.50.


    Paris afternoon fixing: $399.30 up $2.69.


    Zurich late afternoon: $411.25 off $0.75.


    NY Handy & Harman: $412.00 up $1.25.


    NY Handy & Harman fabricated: $444.96 up $1.35.


    NY Engelhard: $413.35 up $1.25.


    NY Engelhard fabricated: $434.02 up $1.31.


    NY Merc. gold spot month Thu: $411.10 up $4.20.


    NY HSBC Bank USA 4 p.m. Thu: $410.50 up $3.50.

    [Blockierte Grafik: http://www.newsalert.com/gifs/newsalert_logo.gif]


    http://www.newsalert.com/bin/s…0&SymHdl=1&Nav=pr-homenav


    March 18, 2004 07:51


    Cambior Inc.: Commercial Production Achieved at Rosebel


    MONTREAL, Mar 18, 2004 (BUSINESS WIRE) -- Cambior Inc. (AMEX:CBJ) (TSX:CBJ) is pleased to announce that the Rosebel mine in Suriname has achieved commercial production. The commissioning period began on February 11, 2004, with continuous ore treatment for 30 consecutive days attaining an average of 12,000 tonnes per day or 86% of the nominal mill capacity of 14,000 tonnes per day.


    During the last 10 days, the mill has established new production records and averaged 16,900 tonnes per day for the period. The first gold pour occurred in early March. Gold recovery fluctuates daily between 90% to 94% and sampled mill grades correspond well with sampled mine production and mine reserves. Metallurgical inventories will be completed at month-end and production statistics will be reported as part of our quarterly report.


    "Mission accomplished", stated Louis P. Gignac, President and Chief Executive Officer of Cambior. "We are proud of the efforts of our employees and all of those involved with bringing this project into commercial production in accordance with the initial schedule and budget. The Rosebel mine will be the Company's largest mine in 2004, with a production target of 245,000 ounces of gold at a mine operating cost of $184 per ounce. With the commencement of production at Rosebel, we expect to have a record year, with production targeted at 705,000 ounces of gold at a mine operating cost of $221 per ounce. In addition, the Company has initiated a significant exploration and development program in order to increase known mineral reserves and resources in the pits and to discover new deposits at Rosebel. To this end, more than 34,000 meters of drilling will be completed before the end of 2004."


    In accordance with the terms of the Mineral Agreement, the Government of Suriname will receive a participation in the share capital of Rosebel Gold Mines N.V., the company operating the mine, which will entitle it to receive 5% of the dividends after full repayment of the capital. Pursuant to the Mineral Agreement, a royalty of 2% of the gold produced will also be payable in kind to a state-owned company, and a payment equivalent to the value of 0.25% of all minerals produced will be made to a foundation to be established by Rosebel Gold Mines N.V. for the purpose of promoting the development of natural resources in Suriname.


    Cambior Inc. is an international gold producer with operations, development projects and exploration activities throughout the Americas. Cambior's shares trade on the Toronto (TSX) and American (AMEX) stock exchanges under the symbol "CBJ". Cambior's warrants, "CBJ.WT.C", trade on the TSX.


    Caution Concerning Forward-Looking Statements


    This press release contains certain "forward-looking statements", including, but not limited to, the statements regarding mine production (at Rosebel and in the aggregate), mine operating costs, mineral reserves, capital expenditures and exploration budgets and results. Forward-looking statements express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as to future events or results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, environmental risks and hazards, uncertainty as to calculation of mineral reserves and other risks referred to in Cambior's 2002 Annual Information Form filed with the Securities Commissions of all provinces in Canada, and with the United States Securities and Exchange Commission (under Form 40-F), as well as the Toronto Stock Exchange and the American Stock Exchange.


    All amounts are expressed in US dollars


    SOURCE: Cambior Inc.


    CAMBIOR INC.
    Robert Lavalliere, 450-677-2699
    Fax: 450-677-3382
    Email: info@cambior.com
    Internet: http://www.cambior.com

    [Blockierte Grafik: http://www.omanobserver.com/obs28newhead-test.jpg]


    http://www.omanobserver.com/bnews6.htm


    Business news


    Friday


    March 19, 2004 / Muharram 27, 1425


    Security worries, weak dollar suck money into gold


    LONDON — Gold held firm in European trading yesterday, holding near its highest level in a month as strong buying interest linked to security concerns and currency moves buoyed the precious metal.


    Traders said yen strength, which makes dollar-priced gold relatively less expensive for Japanese investors, had attracted buying earlier in Asia.


    In euro terms, gold prices hit their highest since mid-January, analysts said.


    "It is looking good and there could be some more ground out there, but it needs to break this $408 level. Otherwise we could see profit-taking coming in," one trader said.


    Spot gold was quoted at $407.25/408.00 a troy ounce up from New York's late trading level on Wednesday at $406.50/407.25 but slightly off Asia's peak at $408.75.


    "After the profit-taking that was seen in late January and February, there are strong indications that speculators have begun to rebuild their long positions," John Reade, analyst with UBS Investment Bank, said in a daily report.


    Gold slid to a 3½-month low earlier this month of $387.60 after a stronger dollar spurred investment funds to liquidate their holdings in bullion.


    The precious metal had not reacted immediately to last week's bombings in Madrid, but Wednesday's car bomb at a Baghdad hotel, spurred fresh safe-haven buying, traders said.


    "Strong buying interest has returned to gold again, arguably for the first time since early February, fuelled by a combination of security concerns...and indications the massive Japanese intervention to restrain yen appreciation may be wound back," Kamal Naqvi of Barclays Capital said in a report. — Reuters

    Ted Butler ist einer der wenigen US-gold-analysten, der ähnlich wie murphy kein blatt vor den mund nimmt, radikal auf manipulation hinweist, und auf seine einzigartige weise die metall-&währungsmärkte kennend, wovon murphy nicht soviel ahnung hat. butler kann alles rund um börse&gold. er merkt wenn was nicht in ordnung ist. er war "dabei". er ist ein wahrer "wissender", der nicht wie 90% aller anderen Goldbugs durch "´Lesen" zu Wissende geworden sind!


    silber hat sich wacker geschlagen. 7,42 hat gehalten, somit 7,40!

    [Blockierte Grafik: http://www.indianexpress.com/grfx/ie_logo_ins.gif]


    http://www.indianexpress.com/full_story.php?content_id=43270


    Friday, March 19, 2004


    Silver peaks at all-time high


    CHENNAI: Prices of both silver and gold continued to firm up on the bullion market here, with silver registering a rise of Rs 155 per kilo to settle at Rs 11,345 and standard gold jumping Rs 75 per 10 grams to finish at Rs 6075 over yesterday’s position, following a rally in the prices in international markets.


    The market commenced with silver spurting by Rs 145 to begin at Rs 11,335 against yesterday’s close of Rs 11,190 and moved up further to conclude the day at Rs 11,345, registering a rise of Rs 155. (PTI)

    [Blockierte Grafik: http://www.goldseek.com/images/gslogo.jpg]


    http://news.goldseek.com/CliveMaund/1079712732.php


    Birth of the New Uptrend


    By: Clive Maund, Diploma Technical Analysis

    Yesterday’s advance in gold and gold stocks was the most positive technical development for at least 4 months. Gold broke out from the intermediate downtrend that it has been in since early January. Simultaneously the HUI and XAU indices broke above their 50-day moving averages and a number of stocks staged powerful high-volume breakouts, dramatic examples being provided by Bema Gold and Golden Star and the explosive breakout by Vista Gold, signifying that this is not some false move or “flash in the pan”.


    [Blockierte Grafik: http://www.goldseek.com/news/C…gold6monthsprep190304.gif]


    On the 6-month gold chart we can clearly see the breakout from the intermediate downtrend. The downtrend terminated at strong support at $390 and above the rising 200-day moving average, with yesterday’s breakout, confirmed by high volume stock breakouts, signalling that it is very probably over.


    [Blockierte Grafik: http://www.goldseek.com/news/C…04/xau1yearprep190304.gif]


    On this occasion it is clearer on the XAU chart than on the HUI chart that the correction is over and that a new and substantial intermediate uptrend in gold stocks is being born. On the XAU chart we can see the clear break above the 50-day moving average, from a position of strength just above the rising 200-day moving average. The rapid convergence of the two moving averages provides an indication that the time is ripe for a breakout.


    [Blockierte Grafik: http://www.goldseek.com/news/C…04/hui1yearprep190304.gif]


    The powerful breakout in Golden Star yesterday, which gapped way above its 50-day moving average on huge volume, should leave readers in little doubt that we are witnessing the birth of a powerful new sector wide uptrend.


    [Blockierte Grafik: http://www.goldseek.com/news/C…04/gss1yearprep190304.gif]


    An appraisal of a wide range of gold stocks traded on the US markets, including Bema Gold, Crystallex, Freeport McMoran, Glamis Gold, Linux Gold, and Vista Gold follows for subscribers…


    Disclosure: No payment has been recieved to discuss the comapnies in this report and the stock in mention above, GSS, Mr. Maund doe snot own shares in it.


    -- Posted Friday, March 19 2004


    [Blockierte Grafik: http://www.goldseek.com/news/CliveMaund/clivebanner.gif]


    Web-Site: CliveMaund.com
    Contact Clive Maund - support@clivemaund.com


    Previous Articles by Clive Maund

    [Blockierte Grafik: http://www.theaureport.com/images/banner_tm.jpg]


    http://www.theaureport.com/cs/user/print/na/54?x-t=pub.view


    Time to be Defensive?


    Source: The Gold Report 03/18/2004


    Victor Flores, Senior Analyst with HSBC Securities, shares his thoughts with TGR about his outlook. He sees the current correction as short-lived, and thinks that it will be followed by a rally in gold, and presumably in gold equities. He believes that the rally may end somewhere around the third quarter, and argues that we’re getting fairly late in the cycle. Says Flores, “We’re reaching the point where it’s time to start thinking more defensively.”


    TGR: Where do you think we are in the cycle? Do you think gold is just taking a rest, and then it will continue going up?


    VF: We think that the gold market is being driven predominantly by the weakness of the dollar. To put it more succinctly, we think this is a currency-driven gold market, and we think that this currency-driven gold rally, based on our current understanding of the global macro picture, could last up through the third quarter of this year. And what we’re looking at really is the U.S. dollar-Euro exchange rate topping out or bottoming out, depending on how you look at it, at 1.35:1. Based on our current understanding of what’s happening on the macro front, we think that the dollar will weaken to about $1.35 against the Euro. We think that will happen sometime in the third quarter. So, we would argue that we could see a peak gold price in this cycle of somewhere around $450 an ounce.


    TGR: After the third quarter?


    VF: The third quarter. So coming back to your original question, that would lead us to think that right now the gold price is taking a breather as the dollar has a bit of a rally against the Euro.


    TGR: Do you think the gold sell-off was expected? Because the market was getting a little bit too heated?


    VF: Well, some people will say there’s no reason for the dollar to strengthen. But anytime you’re dealing with cyclical rallies, you’re bound to have corrections. So as far as the gold market goes, we were having a very nice strong rally and now we’re having a bit of a correction. If you’re looking at the Euro rallying against the dollar, it’s now had a bit of a correction, or is having a bit of a correction. And I would argue that one shouldn’t be too surprised by that.


    TGR: What about mining equities? Are there any that you’re especially bullish on right now?


    VF: Well, if you come back to the view that gold is taking a breather, which will be followed by a rally in gold, and presumably in gold equities, and you believe that that rally will end somewhere around the third quarter, I would argue that we’re getting fairly late in the cycle. I might use this time to start thinking about what happens once the rally peaks and then perhaps starts to wane. In my view, we’re reaching the point where it’s time to start thinking more defensively.


    TGR: Thinking more defensively – what exactly do you mean by that?


    VF: In other words, there’s been a tremendous rally in the past six months to a year in the very junior names. I would argue that it’s time to say, “That was lots of fun, now let’s start taking profits in the more junior names.” If investors are still interested in participating in the end of the rally, then they should think in terms of some of the larger producers.


    TGR: The larger caps.


    VF: Yes, because what we have seen in the past is when the music stops, it stops very suddenly. All of a sudden, you want to get out of your junior names, but it’s too late.


    TGR: And why would you want to get out of the junior names?


    VF: Well, because that’s when the liquidity dries up. You may want to sell, but no one’s buying. So, the exit from the more junior names has to be made in advance of the top.


    TGR: But it’s always hard to know just exactly when that is.


    VF: Well, that’s my argument. In our view, we are going to have another move in gold that takes us up to $450. And one could argue that I am cheating people out of a last chance to make some money. However, I would say to you, fine, you can take your chances, stay in the junior names until the very end. But if you don’t time it right, you might not be able to get out.


    People have already made lots of money in the junior names, so why not take some profits? And if they still want exposure to that last leg of the rally, they can buy the names that are still going to go up. There’s no question that these larger companies will respond to the gold price, too. They’re just a lot easier to get out of.


    TGR: Let’s talk about some of the larger companies. In February, you had a “Buy” rating on Placer Dome. You mentioned an immediate catalyst – the measurable improvement in market sentiment -- plus the decision to develop Getchell, and by the exploration news that has come out of Cortez Hills. Has anything new developed on that front?


    VF: No, all of those things are still very much in play.


    TGR: What about Meridian? Do you also have a “Buy” on them?


    VF: Yes.


    TGR: Any new developments there?


    VF: There has been absolutely no word on Esquel but that doesn’t particularly bother me because once again, if you look at Meridian’s current business, it’s very sound. The company going to produce 300,000 ounces or more this year. Its cash cost is around $50 an ounce. With the gold price around $400, Meridian making a cool $350 bucks for every ounce it produces. The market is perhaps a bit obsessed with Esquel. My attitude is that this company has a great business, and if Esquel turns out right, well, that’s just icing on the cake. In the meantime, Meridian has very low operating costs and a great-looking balance sheet. It’s the type of defensive name I would rather be in at this point of the cycle.


    TGR: What are some of the other larger names that you recommend?


    VF: Well, let’s see. There’s AngloGold, Placer Dome, Meridian, IAMGOLD, and Buenaventura.


    TGR: Okay, and as far as the juniors, you see them headed towards a bit more of a liquidity problem because of where we are in the cycle.

    VF: Yes.


    TGR: Are there any within that group that you think have good outlooks?


    VF: Yes, the one company I would highlight is Rio Narcea. When the Aguablanca mine starts up, assuming nickel prices are still in line with what they are now, that asset will produce cash flow in amounts that will dwarf whatever the gold mine produces. Everybody – well not everybody -- but some people are obsessed with that little gold mine of theirs. I am not happy with what happened, but it’s beside the point. If Aguablanca comes into production on time and on budget, and there’s every indication that it will, and the nickel price is anywhere near where it is right now, this mine is going to see far more cash flow than the gold mine ever will.


    TGR.: Well, that’s a pretty strong case right there. Is there anything else you’d like to add?


    VF: I think the key point that I have tried to make is that I believe, based on our macro view and on the history of the cycle, it’s time to start thinking about what happens next. Unfortunately, when the gold price gets running as it has and the stocks all run, people tend to think that it’s going to continue on ad infinitum.



    Disclaimers:


    The research analyst(s) who prepared this report certifies(y) that the views expressed herein accurately reflect the research analyst's(s') personal views about the subject security(ies) and issuer(s) and that no part of his/her/their compensation was, is or will be directly or indirectly related to the specific recommendation(s) or views contained in this research report.


    Recommendation structure Sector (vs market)
    Stock (vs sector) Overweight Neutral Underweight
    Buy (outperform >15%) Key Buy Buy Add
    Add (outperform <15%) Buy Add Hold
    Hold (Sector neutral) Add Hold Reduce
    Reduce (underperform <15%) Hold Reduce Sell
    Sell (underperform >15%) Reduce Sell Key Sell


    HSBC Securities (USA) Inc*
    452 Fifth Avenue, 9th floor
    HSBC Tower
    New York, NY 10018, USA
    Telephone: +1 212 525 5000
    Fax: +1 212 525 0354
    Website: http://www.equities.hsbc.com



    For companies covered on a sector basis, we apply a two-stage recommendation structure: a combination of the analysts' view on the stock relative to its sector and the sector call relative to the market, together giving a view on the stock relative to the market. The sector call is the responsibility of the strategy team set in co-operation with the analysts. For other companies, we show a recommendation relative to the market. The performance horizon is 6-12 months. The target price is the level the stock should currently trade at if the market accepted the analysts' view of the stock and, therefore, abstracts from the need to take a view on the market or sector.


    Recommendation distribution
    As of January 1, 2004 the distribution of recommendations for this sector is the following:
    Buy ? 11%; Add ? 42%; Hold ? 5%; Reduce ? 37%; Sell ? 5%



    Market maker
    HSBC does not make a market in the equity securities of these issuers.


    Beneficial ownership
    As of March 1, 2004 HSBC and its affiliates did not beneficially own 1% of the outstanding
    securities of these issuers.



    Corporate relationships
    HSBC has not managed or co-managed a public offering of equity securities for the issuer within the last twelve (12) months except Gold Fields and Newmont Mining. HSBC has not received compensation for investment banking services within the past twelve (12) months except Gold Fields, Newmont Mining, and Randgold Resources . HSBC does expect to receive and does intend to seek compensation for investment banking services in the next three (3) months.



    *Legal entities as at 30 November 2002
    HSBC Financial Services (Middle East) Limited, Dubai; HSBC Research (Malaysia) Sdn. Bhd, Kuala Lumpur; HSBC Securities (Asia) Limited, Hong Kong; HSBC Securities (Asia) Limited, Taipei Branch; HSBC Securities (Canada) Inc, Toronto; HSBC CCF Securities (France) SA, Paris; HSBC Trinkaus & Burkhardt KGaA, Dusseldorf; HSBC Securities and Capital Markets (India) Private Limited, Mumbai; HSBC Securities (Japan) Limited, Tokyo; HSBC Securities Egypt S.A.E., Cairo; HSBC Investment Bank Asia Limited, Beijing Representative Office; HSBC Securities Polska S.A., Warsaw; HSBC Securities (Singapore) Pte Ltd; HSBC Securities (South Africa) (Pty) Ltd, Johannesburg; HSBC Securities (Thailand) Limited, Bangkok; HSBC Pantelakis Securities S.A., Athens; HSBC Bank plc, London, Madrid, Milan, Stockholm, Tel Aviv, HSBC Securities (USA) Inc, New York; HSBC Yatirim Menkul Degerler A.S., Istanbul; Merrill Lynch HSBC Australia Pty, Melbourne.
    ------------------------------------------------------------------------------------------------------


    This material was prepared and is being distributed by HSBC Securities (USA) Inc., ("HSI") a member of the HSBC Group, the NYSE and the NASD. This material is for the information of clients of HSI and is not for publication to other persons, whether through the press or by other means. It is based on information from sources, which HSI believes to be reliable but it is not guaranteed as to the accuracy or completeness. Expressions of opinion herein are subject to change without notice. This material is not, and should not be construed as, an offer or the solicitation of an offer to buy or sell any securities.


    In the UK this report may only be distributed to persons of a kind described in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001. The protections afforded by the UK regulatory regime are available only to those dealing with a representative of HSBC Bank plc in the UK. In Hong Kong, this document has been distributed by HSBC Securities (Asia) Limited in the conduct of its Hong Kong regulated business for the information of its institutional and professional customers; it is not intended for and should not be distributed to retail customers. HSBC Securities (Asia) Limited makes no representations that the products or services mentioned in this document are available to persons in Hong Kong or are necessarily suitable for any particular person or appropriate in accordance with local law. All inquiries by such recipients must be directed to HSBC Securities (Asia) Limited. (April 2003)

    [Blockierte Grafik: http://www.goldseek.com/images/gslogo.jpg]


    COT Gold Report - March 19, 2004


    Gold Cot Report - Futures


    [Blockierte Grafik: http://www.goldseek.com/news/COT/images/2004/19.03.2004.PNG]


    Gold Cot Report - Futures & Options Combined


    [Blockierte Grafik: http://www.goldseek.com/news/COT/images/2004/19.03.2004a.PNG]

    [Blockierte Grafik: http://mirror.canada.com/image…h_logo_businesscentre.gif]


    http://www.canada.com/business…BE-49E7-90CF-F4904B4AE1EB


    Saturday » March 20 » 2004


    Agnico-Eagle faces OSC probe over disclosure of Quebec mine rockfall

    Canadian Press


    Thursday, March 18, 2004


    TORONTO (CP) - Agnico-Eagle Mines Ltd. is facing the possibility of proceedings by securities regulators over its disclosure of a rockfall at a Quebec mine last year.


    The mining company said Thursday it has been advised that staff at the Ontario Securities Commission "are contemplating commencing proceedings" against the company and members of management in relation to the timing of a March 31, 2003 news release.


    That release said an estimated 30,000 tons of rock had fallen "this month" at the LaRonde gold mine in northwestern Quebec.


    There were no injuries and no equipment was damaged, but the release estimated the company's gold production would be reduced by 20 per cent.


    In reporting its first-quarter results on April 23, the company said the fall "occurred over a period of approximately two weeks," and "the impact on production could not be assessed until the end of March," after the fallen rock was removed and a new mining sequence was devised.


    "The board of directors of the company met today to discuss the matter and investigate the issues arising out of the commission's letter," Agnico-Eagle said Thursday.


    "The company intends to co-operate fully with the Ontario Securities Commission and will respond as soon as practical to the commission's letter."


    Last month, a contract worker was killed at the same mine after an explosion.


    Also last month, Agnico-Eagle (TSX:AGE) reported a net loss of $19.5 million for 2003.


    © Copyright 2004 The Canadian Press

    Es werden ja hypothetische Betrachtungen bemüht, was wäre, wenn der Goldpreis bei 100´000 USD je Oz stände ...
    wäre das für den Besitzer von Gold nur reiner Werterhalt, oder ein Gewinn???


    Ob ich mit meiner Meinung richtig liege, daß es, nicht nur bei Absicherung gegen USD-Verfall auch ein Gewinn wäre, kann ich nicht beweisen, ich nehme nur an, daß in Relation nicht alles sich so verteueren wird wie die Edelmetalle, aus vielen Gründen, insbesondere, weil Grundbedarf subventioniert werden wird.


    Auf den dann allerdings aufkommenden Neid und wahrscheinlicher Verteufelung der Goldbesitzer wollte ich allerdings einmal aufmerksam machen und anregen, zum einen dem vorzubeugen, zum anderen eigene Wachsamkeit walten zu lassen bei seinem mitteilungsverhalten.



    Bericht unter Yahhoo (von Thai hier gestern reingestellt)


    Gold steigt über 410 Dollar - Silber auf neuem Sechsjahreshoch


    Donnerstag 18. März 2004, 17:35 Uhr


    London, 18. Mär (Reuters) - Gold ist am Donnerstag dank neu aufflammender Anschlags-Ängste auf ein Vierwochenhoch geschnellt
    …


    wie sich das doch etwas marktschreierisch, ja, es sich makaber liest:
    dank neu aufflammender Anschlags-Ängste ... : - (


    Dennoch, es ist Fakt!
    Der Goldbesitzer als Nutznießer von dem Leiden anderer …
    So wird es sicher bald in einigen Boulevardblättern stehen,
    der Goldbesitzer wird irgendwann vielleicht gar als Volksschädling gelten,
    wenn er irgendwann mit seinem Besitz glänzend dasteht, jedoch die Wirtschaft in die Knie gehen wird …


    Was ist eigentlich geschehen, was hat sich verändert?
    Was ist es, was den Goldbesitzer vielleicht (oder sogar sehr wahrscheinlich, wenn man selbst in der nicht allzu entfernten Geschichte blättert) zum Buhmann machen wird, wenn nicht früh genug gegen polemische Betrachtungen und Meinungsmache angegangen wird?


    Es war nie zuvor anders, seit Jahrtausenden floh das Geld in wertbeständige Dinge in aufkommenden Krisenzeiten.
    Die wertbeständigsten Dinge waren Gold, Silber, Grund und Boden.


    In unserer „Modernen Zeit“, wurden stabile Währungen anderer Länder, wie der Schweizer Franken, der US-Dollar ebenfalls als geeignete Fluchtorte angesehen, wenn die eigene Währung drohte einzuknicken. Das konnte noch vor kurzem an der Panik in Brasilien, Argentinien usw. deutlich gesehen werden.


    Das heißt, wenn in den vergangenen 3 – 4 Dekaden Krisen die Welt erschütterten, suchte die Finanzwelt ihr Heil meist (und aus Banktechnischer Bequemlichkeit vielleicht) in der stabileren Währung. Weltweit galt als ein solcher Fels in der Brandung der US-Dollar, der den Leuten die gesuchte Sicherheit gab, oder zumindest glaubten bis vor kurzem die Menschen daran. Im Euro-nahen Raum, wie dem Balkan galt im Chaos als Zahlungsmittel anstatt der eigenen Währung die DM, und danach der Euro, die eigene inflationsgeschüttelte Währung, die wollte dort keiner haben.


    Waren das alles Profiteure vom Leiden anderer?
    Hatte ich nie so gelesen bisher …
    Es waren schlichtweg Menschen, die die Gelegenheit wahrnahmen, ihre Habseligkeiten nicht verrotten zu lassen zusammen mit der maroden Währung ihres Landes.



    Was hat sich verändert?
    Der Fluchtwille in etwas Beständigem ist geblieben.
    Verändert hat sich nur die Ansicht darüber, was als beständig gelten mag!
    Einzig und allein nur das hat sich grundlegend verändert!


    Das Vertrauen in den US – Dollar ist heute allem Anschein nach bereits nachhaltig gestört. Und das weltweit!
    Wenn schon in eine andere Währung wechseln, dann ist es bei dem, der die Wahl hat, heute eher der Euro, oder gar der Yen, nicht der US – Dollar!


    Viele allerdings, von Tag zu Tag mehr Menschen haben aber auch in Verbindung damit ungute Gefühle / Vorahnungen und nehmen, wenn sie die Wahl haben lieber etwas sichereres …, zumindest für einen Teil ihrer Habe.
    Sie verlassen sich da lieber auf Silber und Gold!


    Nichts weiter ist geschehen!
    Das Vertrauen ist von der einen Sicherheit auf eine andere übergegangen.


    Daraus ergibt sich schlicht und einfach, dass nun bei Hiobsbotschaften nicht der US – Dollar an Stärke gewinnt, sondern, wie deutlich ersichtlich,
    dass der Goldpreis steigt, und der USD herbe Verluste macht bei solchen Meldungen!


    Nichts weiter ist geschehen!
    Es wird sich heute nur auf etwas anderem verlassen, nichts weiter!!!
    Nicht, weil Goldbesitzer Anarchisten wären, nein, schlicht und einfach nur, weil sie an einen anderen Wert glauben.


    Das ist eine ganz neue Erkenntnis für viele, die sich nun die Augen reiben …
    All diese werden sich langsam, aber sicher umorientieren müssen, werden sich nun zwangsläufig, sozusagen automatisch an die wahren Werte orientieren und sich beim Schutz suchen für ihr Geld immer weniger in irgendein Fiat-Money flüchten.
    Ganz im Gegenteil, sie werden vermehrt aus dem Fiat-Money in beständigere Werte wechseln!


    Wenn das den „Währungshütern“ missfällt, ist es aus ihrer Sicht verständlich.
    Mit wachsender Breduille, in welche sie zwangsläufig kommen mit der Zeit, werden von ihnen sicherlich massig Geschütze aufgefahren werden.
    Die von ihnen abhängigen Medien sind dafür die idealen Plattformen.
    So wäre es dringend angeraten, den Anfängen einer Verteufelung derer, die nichts anderes machen, als das, was völlig rechtens andere in Krisenzeiten immer schon taten, sich vehement zu erwehren, ja, diesen möglichst sogar vorzubeugen.


    Solche Foren wären schon recht gute Podien dafür!


    Grüße und ein schönes Wochenende wünscht
    Magor

    [Blockierte Grafik: http://www.bday.co.za/bday/pix/masthead/bdlogo01.gif]


    http://www.bday.co.za/bday/con…23,1573748-6078-0,00.html


    Friday 19 March 2004


    Aflease looks to raise R100m


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

    By Justin Brown

    Major gold miner Afrikander Lease (Aflease, AFL) is looking to raise R100 million through a rights issue, Aflease CEO Neal Froneman said on Friday.


    The rights issue, to be launched next week, will be fully underwritten by Randgold & Exploration (RNG). The R100 million will be used to fund the development of Aflease Bonanza South project as well as funding feasibility studies into the possibility of mining uranium and the Modder East project. The money raised will also be used to pay off the R50 million loan facility Aflease has with Nedcor (NED).


    I-Net Bridge

Schriftgröße:  A A A A A