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

GO GATA!!!

The manipulation of the price of gold ought to be apparent to even the lamest of the gold market pundits out there. What happened late last week was beyond blatant and most infuriating. Today brought more of the same.

Gold was due higher this morning, yet came in stronger than anticipated, which is a rarity. It quickly took out key resistance at $440, when The Gold Cartel went into action, not just once but twice, each time gold took out the $440 level.

What happens next comes down to what MIDAS has ranted about for years. Until the crooked Gold Cartel is taken out, the price of gold will never do anything of significant consequence. As costs grow and grow for gold producers, the reason to own the gold shares diminishes by the month. Most are caught in a major league cost squeeze. Once again we see how important Gold Rush 21 was and why the coming DVD is so essential.

The obvious concern of gold market bulls, like myself, is the size of the open interest short position. Each time gold takes out $440, the cabal and friends load the boat on the short side as the specs get longer and longer. The Gold Cartel stops rallies cold as the dollar weakens, etc. As soon as the dollar picks ups its head, the bums go after the gold price with a vengeance. This is the game they have played for years, each time hoping to turn the funds into sellers as the moving averages go negative.

Those playing along with the crooks' maneuvers over the past couple of years have done well by trading the market with them. However, as Dan Norcini points out in his superb piece at the TL Table, this does not always work. They are not omnipotent. Not only that, the really big money will eventually be made by taking on the bankers when they run out of enough physical market gold to meet growing demand. It is only a matter of time. Could be on this run-up, which should happen because of the lack of any more available gold to be sold by the signatories of the Washington Agreement – if they are to keep to the agreement. However, even if they manage to turn our tide back on this move using clandestine leased bullion (which clearly they are doing at the present time), the gold time bomb they created is ticking against them. Gold will eventually make its big move towards $500 per ounce and then $1,000 per ounce and more as the cartel forces get shorter and shorter. It HAS to happen that way.

The London PM Fix was just completed ($439.65), and right on schedule the crooks came in to take gold down $1.50 off the Fix even though the dollar and nothing else changed. This is standard operating procedure for the corrupt ones.

As GATA’s Ed Steer notes:

Bill, they hit gold silver and the shares all at the same time. It's so obvious. As many have said ad nauseam....NO PROFIT MAXIMIZING SELLER EVER SELLS LIKE THAT. Ed

We are now at the gold close and The Gold Cartel has played their tedious script out to a tee. From Adrian:

Bill,
The DJIA, S&P and the Nasdog are all EXACTLY at their 50DMA. Gold was threatening to breakout. Oil is up the dollar is down. What a surprise the goon squad PPT is brought in to do their thing.
We can expect quite an effort to rig the markets because this looks like the edge of the abyss.
With dwindling ammo may be us good guys will win this time?
Cheers
Adrian

The Comex trading session has ended and we have all witnessed yet another trading session of what is the most obvious of market manipulations. The dollar remained weak all day (almost no correction during the trading period), oil surged towards all-time highs while gold was still open on the Comex, and the US stock market put in quite a reversal to the downside.

Gold? It was forced down $2.50 off its highs by the corrupt cabal, making new low after new low for the day. Have you taken the time to send what Ron Lutka has up at The Little Bear Table to all your gold companies?

Hi Bill,
Same drill... Another day, another takedown! Gold is not allowed a $440 price. Geeze, could it be any more obvious. I've been sending out the Gold Rush 21 photos to any news agency whose email address I can find. Now I'm going to start sending them to the useless senior management of the gold producers that I'm invested in and ask why they were not in attendance. Apparently, they are satisfied with the status quo, and why wouldn't they be? Just look at their salaries in Yahoo finance, etc. Add to that lots of perks and stock options. What do they care about profitability and share performance? Their salaries clearly are not performance based, if the past two years share performance is any indication. The cartel is effectively destroying all interest in this sector and will undoubtedly turn buyer when it suits them. Go GATA!
Rich C.

The euro price of gold fell to 357.92.

The gold open interest fell 1533 contracts to 329,729. The silver open interest dropped 2429 contracts to 117,476.

Silver just diddles and diddles, yet continues to hold major support between $6.80 and $6.95. It could move out of here to the upside, and sharply so, at any time.

The dollar finished the day right about as it started, 88.04, down .43. The yen gained .78 to 109.65 and the spot euro was up .85 to 122.30.

October crude finished at $65.65 per barrel.

@ Edel Man

Ich vermute da geht die ganze Woche noch,die laden die Kanonen und schiessen ab was sie koennen um den Markt wieder auszuwaschen und den Anlegern Angst einjagen.
Solange sie das koennen wird sich nicht viel ruehren beim HUI und XAU sowie POG/POS. Leider ist es so... die muessen erstmal nach >450 USD sich in Deckung begeben, bei der Marke sollte der Spuk dann ziemlich aufhoeren. Sie ist phsycologisch ganz wichtig aber die hauen bei der 440 Grenze schon vorsichter alles rein was sie haben um ein wenig Luft zu haben. In den naechsten zwei Wochen geht das so weiter denke ich mal, lassen wir uns ueberraschen.

Mfg

XAX

Faengt ja wieder lustig an heute, the show must go on !
Um drei kommen dann die Jungs von der Crimex.
Irgendwann muss diese show auch vorbei sein,solange muessen wir warten koennen.

http://www.house.gov/paul/tst/tst2005/tst082205.htm

XAX

Kennt ihr bestimmt, Hommel's Silver Proposal

http://www.gold-eagle.com/editorials_05/hommel082205.html

SAN FRANCISCO -- Gold futures lost more than $2 but
closed above a two-week low Wednesday as traders
took the market's temperature and gauged interest for
the yellow metal.

"Traders feel the market may have overextended itself
and with the oil prices remaining firm there is
apprehension that global economies may cool off, thus
reducing demand for gold," said John Person, president of National Futures Advisory Service.

Gold for December delivery closed down $2.10 at $442.20
an ounce on the New York Mercantile Exchange, matching
Friday's level. The contract traded down to $440.50,
its lowest intraday level since Aug. 10, after briefly
marking a high of $445.70 for the day.

"The dollar turned south, thanks to a surprisingly large
drop in durable goods orders in July, and gold curiously
turned down along with it," said Brien Lundin, editor
of Gold Newsletter. Weakness in the greenback usually
attracts buyers into the gold market.

But "investors are caught in a tug-of-war between
conflicting economic and technical indicators, with many responding reflexively to every new headline, while
others are stuck like the proverbial deer in the
headlights, looking for some trend," said Lundin.

For his part, Lundin said that the price action in
gold "has been extremely constructive, and argues
for higher prices heading into the fall." But on a
short-term basis, "weak longs are being flushed out ...
by gold's failure to build upon its recent rally," he said.

From a technical standpoint, "fears that the funds are
too long and the commercials aggressively short have
made the Comex very vulnerable to a selloff," said Peter Grandich, editor of the Grandich Letter.

"While a good argument has been made by GATA (Gold
Anti-Trust Action Committee) that such a case doesn't
warrant such fears, the market has become conditioned
to such a result," he said.

"Very strong physical buying and the fact we'll soon
enter the strongest seasonal period for gold should keep
any retreat orderly," he added.

Compared to silver, platinum, and palladium, gold has the "greatest potential ... to head lower due to
liquidation of very large Comex long positions,"
said John Reade, an analyst at UBS, in a note to
clients.

Still, "positive news flow -- declining production, a
temporary halt to European central bank gold sales, and
soon-to-resume Indian physical demand -- may be keeping the longs on board," he said.

Elsewhere in the metals market Wednesday, September silver closed at a seven-week low of $6.922 an ounce, down 4.6
cents. October platinum rose $1.80 to end at $899.90 an
ounce, while September palladium finished at $184.50
an ounce, down $1.25.

September copper closed at $1.667 a pound, down 2.5 cents,
after
scoring gains over the past two sessions.

Tracking inventories, copper supplies were up 197 short
tons at 8,776 short tons as of late Tuesday, according
to Nymex. Silver stocks were flat at 111.0 million troy
ounces, while gold inventories stood at 5.95 million troy ounces, up 49,442 troy ounces from the previous session.

In equities, metals-mining shares closed lower, paced by
a 2.5% fall in the Amex Gold Bugs Index (HUI), which
ended the session at 200.16. Hecla Mining was among the
biggest losers in the index, down 5.2% at $3.53.

The CBOE Gold Index (GOX) closed at 84.04, down 2.3%,
while the Philadelphia Gold/Silver Index (XAU) shed 2.1%
to end the day at 93.61.

-END-

Zitat

Original von Aladin
Kennt ihr bestimmt, Hommel's Silver Proposal

http://www.gold-eagle.com/editorials_05/hommel082205.html

Ich lese Hommel schon seit einiger Zeit, stimme Ihm auch im großen und ganzen überein allerdings lag er mit seinen "Why silver/Why now Gold/Silver Ratio" die letzten Jahre oft daneben.
Weil es so gut aussah habe ich mir seine Vorhersagen aus 2003 aus goldismoney.com mal aufgehoben:

2004: $595/oz. Gold, 50:1 ratio = $12/oz. Silber
2005: $1011/oz. Gold, 30:1 ratio = $34/oz. Silber
2006: $1719/oz. Gold, 10:1 ratio = $172/oz. Silber
2007: $2923/oz. Gold, 5:1 ratio = $ 585/oz. Silbver
2008: $4,969/oz. Gold, 1:1 ratio = $4969/oz. Silbver
2009: $8448/oz. Gold, 5:1 ratio = $1698/oz. Silber
2010+: infinity Dollars/oz. Gold, infinity Dollars/oz. Silber

Könnte mit den Preisen zwar gut leben , aber mit derartigen überzogenen Vorhersagen kann ich mich nicht anfreunden...

Merowinger

Die Ratios hat er wahrscheinlich von der Bibel und berechnet dann eben so.

Nobody is perfect !

Was hatte der schon fuer Aktien in seinem Depo die aber schnell und heimlich wieder verschwanden ohne Kommentar nachdem er die Anleger heiss machte und mit Profit dann rausging.

Ach die ganzen Analysten, den kann man auch nicht voll vertrauen.
Wenn sie alle so gut sind wie man glaubt dann wuerden die soviel Geld haben das sie nichts mehr schreiben brauchen.

Gruss

XAX

DEAR MEMBER,
I have just arrived from Europe. Oil and the Euro are in an upbeat effort, but the question is: is this really real? NO! My position is that it is not. This is a clear sign of investors being thrown out for their positions. Once again, I very strongly recommend buying the US DOLLAR, regardless of how unwell the US economy is and regardless of the deficit. As a matter of fact, my next target for the dollar is $94.80, then $98.80. LET ME REITERATE THAT NO POWER CAN STOP THIS FROM HAPPENING AS IT IS THE WAVE OF NATURE.

Watch the US DOLLAR’S RISE STARTING TODAY AT 8.00 AM NEW YORK TIME.

The maximum level that OIL can attain is $71.10 after which it will trade in the $50’s range, so this price not bad to sell.

KEEP SELLING THE MARKETS AS THEY ARE IN THE GRIP OF A "BLACK WAVE".

FROM 5TH OF SEPTEMBER, GRAINS WILL HAVE A STRONG UPWARD MOVE. THE HOT RISING COMMODITIES WILL BE QUITE THE OPPOSITE, AS THEY SHALL ALL BE TUMBLING UNCHECKED.

MY FINAL OUTLOOK CONCERNING METALS WILL BE ON 4TH SEPTEMBER (which is incidentally my birthday)

Lets see how the Dollar will rise from 8am.
1.10 USD/Euro this year, what will trigger that.
A new US "miracle" perhaps ?
They can release false news and figures.
How does he know, is he informed by the PPT or is he working with them lately ?
Anyway its D-Day for the Wave Guru.

Bin darauf gespannt und lasse mich nicht verschrecken dadurch.

Mfg

XAX