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

"something had changed in the gold market".

Yes indeed, some start to collect gold for fiat,its just the beginning !.

Gold has convincingly broken out above strong resistance this morning and is attracting buying from around the ring. The heretofore tough level of $455 has been taken out as well as the psychologically important level of €370.000. Additionally, yen gold has a handle of “5” in front of it this morning as well.

Simply put, gold has begun in earnest its function as the ultimate currency. It is free of obligations, owing no man anything.

Jim has long said that it would be the entrance of establishment players into the gold market that would take the metal on its next leg up since most of today’s gold community have spent the greater part of their time looking for reasons for gold to sell off.

By now you know the routine: “The commercial net short position is at such and such a level… fund net long positions are too large…. our cycle work indicates that gold is due for a hard fall…. the wind vane on top of my barn is facing east…. and so on and so on.

The current combination of geopolitical and economic uncertainty is fueling a rush of buying into gold which has been showing independent strength of late - bending but not breaking. Eager dip buying, the likes of which we have not seen for some time, has surfaced in recent days, giving hints that something had changed in the gold market.

COT now has its back against the wall and has fallen back once again. :)) having been unceremoniously beaten back from first the $445 level, then $450, and now $455. They are attempting to make another stand at $459-$460. Should they fail to hold the line there, the December 2004 high near $471 comes into play as the magnetic pull towards $480 exerts its influence...... keep your fingers crossed !

SEC refuses Barclay's silver ETF
By Jon Nones
15 Sep 2005 at 03:24 PM

The U.S. Securities and Exchange Commission has turned down Barclay's Global Investors application to establish a silver electronic trading fund platform, sources in the market told Platts Thursday.

A well-respected industry source said Thursday that there was "speculation in the market that Barclay's application for a silver ETF has been refused by the SEC."

GO GATA!

Our kind of day. Gold surged on the opening, coming in $4 higher, or double expectations.

Right before the PM Fix, Goldman Sachs turned huge buyer, probably for a customer – perhaps for one of its followers who couldn’t take the upside heat any longer. As is The Gold Cartel’s custom, the cabal then went after gold on the Comex as soon as the physical buying at the PM Fix was completed. The attack was led by cartel veteran Deutsche Bank.

Yet, as we have seen so often of late, monster hedge fund buyers were lying in wait – expecting The Gold Cartel to do their thing. The $2 and change hit by the cabal forces was short-lived. It was in your face time, as gold crept right back up, making modest new highs near the close. And yet again, gold did not close above the highs it made in the first half hour in the Comex trading session. The Gold Cartel is going down, but not without their usual arrogant fight.

Observations:

*Weeks ago MIDAS noted gold was trading differently. It sure is.

*Gold is running higher when it should because the arses who are suppressing the price have hit a spot where they are short of available central bank gold to meet surging demand – meaning even with their clandestine gold leasing they are short of gold to actually to meet that demand. The Gold Cartel will have more gold to sell officially on September 26 when the next year of the Washington Agreement kicks in. What they might find are buyers lining up to take it all off their hands.

*Gold is moving higher even as the Orwellians jack up the dollar. For years MIDAS went against the grain and ranted that gold could rally $100 with the dollar doing nothing; that the dollar/gold relationship was fabricated by The Gold Cartel to suit their own trading agenda. Of course, a weaker dollar is a plus for gold and at some point will be a big deal. My longstanding issue was that gold didn’t need a weaker dollar to blow sky high, and would if it weren’t for the crooks.

*What madness this PPT outfit is perpetuating. What fun to see gold move up on its own without help from a weakening dollar. With gold up over $5, the dollar rose.43 to 87.89 and the spot euro fell .55 to 122.19.

Thus, the euro price of gold soared to 372.29, up 6.45.

*As each day passes, it appears Katrina WAS the tipping point for The Gold Cartel. The biggest, smartest money in the world can clearly see the bind the US is in now. We are printing and spending money like crazy on Iraq and Katrina, in addition to the other budget deficit issues. The reasons to own gold are going off the charts.

*As mentioned for nearly two weeks, the gold technicals are as bullish as the gold fundamentals. The daily, weekly, and monthly gold charts are extremely powerful with gold bolting higher out of an enormous base – one which can support a much higher gold price.

October gold
http://futures.tradingcharts.com/chart/GD/A5

*The incredibly low Café Sentiment Indicator is turning out to be as bullish as I expected it to be, which is why I kept bringing it to your attention. The gold train is leaving the station and most investors remain completely clueless. What is astonishing is how so many interested in gold in the past could care less. Guess they have their real estate and general stock market portfolios to look after.

*Can it be any more obvious that the crooks are preventing silver from rising because they are in the process of losing control of the gold market? We know The Gold Cartel is gradually losing control of their fraudulent rig because gold is shooting up independent of what the dollar does. As mentioned, that was the mainstay tool of their rigging operation since 1998.

The silver chart is completely different from gold.

December silver
http://futures.tradingcharts.com/chart/SV/C5

*The suppression of the price of silver is out of control. I have seen silver rally $3 in a week. It will do so again, out of nowhere. $10 silver will be here sooner than most think possible.

*The dollar has regained most of its losses suffered after Katrina. How can that be? The dollar fundamentals have deteriorated enormously. The only logical explanation is the US called the central bankers of the world and begged them to help the US shore up the dollar to prevent a flight from US assets during this crisis period.

September dollar
http://futures.tradingcharts.com/chart/US/95

September euro
http://futures.tradingcharts.com/chart/EC/95

*The gold open interest only rose 4775 contracts to 325,975. With gold making 17-year highs, the OI is 50,000 contracts off its high. There is room for 100,000 new spec longs to jump in and send gold to $480 to $500 as a first stop.

*The bond vigilantes are finally waking up. The 30-year dropped 20/32 to 115 10/32.

September Treasury Bond
http://futures.tradingcharts.com/chart/TR/95

Na auf das bin ich gespannt wie der POG ausschaut um 4pm MEZ.
Sollten mal Wetten abschliessen und eine Umfrage starten ob die 460 heute geknackt wird, ich glaube es nicht.

Falls es anders ausgeht als ich denke freue ich mich riesig fuers ganze Wochenende. :))

besonders beeindruckend auch die Staerke in Euro - da werden physische Bestaende immer ertragreicher!

Die Startseite ist nicht erreichbar. Gibt es hier Probleme ?

Gruß jürgen

Wartungsarbeiten, bitte warten !

Laeuft auch heiss, mal schaun ob eine Abkuehlung kommt in den naechsten Stunden.
Den Regenschirm bereit halten !

In der naechsten Stunde wird man sehen wo es nun lang geht wenn Crimex aufmacht.
Die muessen ja nervous und durcheinander sein bei den jetzigen POG.
Ob die was auffahren koennen entscheidet sich heute, ansonsten muessen sie ganz schnell rennen die Pundits vom PPT.
Die haben diese Torte der Goldbugs schon laengst verdient.

HINTERGRUND: Goldpreis-Hausse ungebrochen - 500-Dollar-Marke im Visier

NEW YORK (dpa-AFX) - Am Goldmarkt zeichnet sich nach dem rasanten Anstieg in der laufenden Woche nach Einschätzung von Experten kein Ende der Hausse ab. Die im Dezember 2004 aufgestellte Höchstmarke von 450 Dollar je Feinunze (31,1 Gramm) wurde am Freitag in den USA mit in der Spitze 464 Dollar deutlich überwunden. Am Nachmittag kostete eine Feinunze 461,80 Dollar und damit 2,50 Dollar mehr als am Vortag und knapp neun Dollar mehr als vor einer Woche. 'Es gibt derzeit viele nette Gründe, die für Gold sprechen', sagte Rohstoffexpertin Sandra Ebner von der DekaBank. Die Stimmung sei 'ausgesprochen positiv'. Vor diesem Hintergrund sei ein Überwinden der 500-Dollar-Marke nur eine Frage der Zeit. Allerdings hält die Expertin den Goldpreis weiterhin für 'sehr, sehr spekulativ'. Deshalb seien Rückschläge zu erwarten.

NACHFRAGEENTWICKLUNG GÜNSTIG

'Sehr günstig' für den Goldpreis sei die Nachfrageentwicklung bei einem gleichzeitigen Rückgang der Produktion, sagte Ebner. Darauf deuteten auch die jüngsten Daten des Analyseunternehmens Gold Fields Mineral Services (GFMS) hin. Darüber hinaus stehe im November mit der Festzeit in Indien traditionell eine hohe Goldnachfrage ins Haus. Barclays Capital-Expertin Ingrid Sternby macht für den jüngsten Sprung zudem eine Rege Nachfrage von Fonds und einen etwas stärkeren Eurowechselkurs verantwortlich. Auch durch den Energiepreisschub in Folge des Hurrikans 'Katrina' ausgelöste Inflationsängste stützen Ebner zufolge den Goldmarkt. Gold gilt traditionell als Schutz gegen Inflationsgefahren. Darüber hinaus seien zumindest im laufenden Jahr keine weiteren Gold-Verkäufe von Zentralbanken zu erwarten. 'Das vereinbarte Jahreskontingent ist ausgeschöpft', sagte Ebner. Doch nicht nur fundamentale Faktoren, sondern auch eine gehörige Portion Spekulation sei für den jüngsten Preisanstieg verantwortlich.

'WEG RICHTUNG 500 US-DOLLAR IST FREI'

Die GFMS hatte erst in der laufenden Woche in einer Studie darauf hingewiesen, dass ein verstärktes Interesse von Anlegern und Fonds den Goldpreis im vierten Quartal in Richtung 480 US-Dollar je Unze treiben könnte. Angesichts der relativ geringen Größe des Marktes dürfte bereits der Zustrom von wenigen Milliarden Dollar frischen Geldes eine bedeutende Auswirkung auf den Goldpreis haben, hieß es zur Begründung. Auch das Bankhaus HSBC Trinkaus & Burkhardt ist nach dem jüngsten Preisschub rundum positiv für Gold gestimmt. 'Der Weg in Richtung 500 US-Dollar ist aus technischer Sicht frei', sagte HSBC-Experte Jörg Scherer. Diese psychologisch wichtige Marke könnte bereits zum Jahresende erreicht werden./jha/mur --- Johannes Haller, dpa-AFX ---
Quelle: dpa-AFX

Jetzt noch eine Silber ETF, dann geht die Post ab Amigos.