Prof.Jeff Kern, mit seinem schwer nachvollziehbarem Tradesystem,ist wieder 100% investiert in USERX.
..."On Wednesday (12/14/05), the gold stocks were in the midst of their 4th consecutive day down, USERX was falling below 9.86, and prices were going to close with a touch of the 16-20 index support. THAT WAS MY BUY SPOT AND I RE-ENTERED 100% LONG at 9.72...
GOLD MINING SHARES BULL MARKET PATTERN
By Adrian Douglas
The HUI has displayed a very distinct pattern so far in its bull market to date. Take a look at the graph of the HUI from January 2000, shown below.
There have been three major uplegs shown in green. After each upleg the HUI trades sideways in a consolidation pattern which can be broadly characterized by a box. The top of the box is set by the highest point reached in the preceding upleg. What has happened in the first two consolidations is that the HUI only breaks-out from the box after challenging the top of the box resistance (defined as coming within 3% of the top of the box) three times. The initial peak is numbered 1, and the consecutive challenges are 2, 3 and 4. Break-out is the 4th attempt which is successful.
You will notice that these consolidations have become longer. The first in 2001 lasted 258 days, the second in 2002 lasted 420 days, the current consolidation has lasted 720 days. This sideways grinding demoralizes the equity investors and the longer it lasts the more demoralized they feel. From a contrarian point of view this is likely why each upleg is also progressively bigger. Now what is interesting is that in the current consolidation we have challenged the top resistance line on three occasions and the last attempt labeled #4 has broken out to 259.96 as of Friday Dec 16, 2005. This is above the Dec 1, 2003 high of 255.59 which defines the top resistance.
If this pattern is to continue then the HUI is likely to display a very strong and prolonged upleg from here. If the increasing magnitude of each upleg also continues we could possibly see HUI 410 before the next consolidation.
No one holds a crystal ball of the future. All we can do is look for clues in past data and try to use this along with fundamentals to make projections. Many analysts have turned bearish to neutral on the mining sector recently. Gold has moved into uncharted territories because is has not remained this long above $500 for over 24 years. Yet despite some bullish long term predictions appearing in the press everyone, in the short term, is trying to find reasons why gold must correct to the mid 400’s. This I would take as short term bullish and may support what my analysis of the HUI patterns is telling me.
Adrian Douglas
"If the increasing magnitude of each upleg also continues we could possibly see HUI 410 before the next consolidation."
If !!
Dann wollen wir mal das Beste hoffen. 
Gute Hinweise auf die enttäuschenden politischen Trends für Investoren in Südamerika!
...
Hi Folks,
Vorschlag zurückgebliebene Palladium-Aktie
Pan Palladium WKN: 541301
Könnte demnächst abheben
Dieser Chart zeigt,daß es um den HUI nicht schlecht bestellt sein müsste.
Eine hübsche Fabel am Ende des Berichte.
Schade,wiederum leider in Englisch. 
_________________________________
China Sees the Writing on the Wall
December 16, 2005
The US trade deficit increased to $68.9 billion in October with China's net exports to the US at $20.5 billion for the month. This year's annualized deficit with China is now the largest ever recorded in the history of the US. It is almost twice as large as the deficit with Europe and almost three times as large as the deficit with Japan.
Earlier this year, before I started harping on the impact a downturn in the real estate market would have on the US economy, I said that the dollar would weaken when either China or Japan decided to stop supporting it by keeping their trade dollar reserves off the foreign exchange market. I also discussed how China and Japan could use their foreign reserves to stimulate their own economies once the marginal benefit of supporting the US dollar has diminished. Well, there was an interesting article in a Chinese newspaper, called The Standard, on Tuesday. The newspaper quoted Mr. Yu Yongding, who is a member of the monetary policy advisory committee to the People's Bank of China, as saying that China should weaken the link between the yuan (renminbi) and the US dollar, to make the exchange rate more flexible and improve the government's ability to manage the economy. Yu suggested that the weighting of the US dollar in the basket of currencies against which the renminbi is set should be reduced, reducing the impact that changes in the US dollar would have on the value of the renminbi. The market read this as a prelude to China allowing the dollar to weaken and its own currency to strengthen.
On Wednesday Mr. Yu Yongding was quoted by the same newspaper as saying that Chinese firms should get ready for a strengthening of the yuan (renminbi) in the next one to two years. The "fuller the preparations, the better," he said. He went on to say that China's current account surplus and America's current account deficit are reflections of savings and investment imbalances in the two countries. He also said that the dollar would probably weaken unless the United States tackles its current account deficit.
The same article mentions a research paper obtained by Reuters, wherein Mr. Yu Yongding suggested China could reduce the growth in its foreign reserves by running expansionary fiscal policies and invest in infrastructure and research and development.
The gold price has been volatile this past week, and I suspect that much of that volatility can be attributed to Yu's comments. The rise in the gold price was in anticipation of dollar weakness, and the subsequent decline was due to a comment on the 14th by the Chinese Central Bank chief, Zhou Xiaochuan, that he does not see the need for the yuan to appreciate next year if the country's trade surplus shrinks. Damage control.
The very witty Bill Bonner and Addison Wiggin have written a new book, called "Empire of Debt". Bill Bonner has phenomenal insight, and while many authors have belabored the debt-ridden state we find ourselves in, perhaps it is Bill's assigned role to make us more aware of how absurd today's common sense really is.
Here is a short quote from the book:
"I read in the Figaro that the American economy has become completely dependent on China," said a friend at a dinner party recently. "But I guess the Chinese have no choice. They need Americans to continue buying their products."
We are alarmed. Even chemists and shoe clerks have taken up macroeconomics. Everyone thinks he understands how the world economy works.
"Well, it is a little like that," we began to explain. "The Chinese do sell to the U.S. and they do lend money back to the U.S. But there's no law that says this has to continue."
"Imagine a shopkeeper whose biggest customer was having a hard time paying his bills. He extends credit . . . hoping the man will get his finances in order. But the more credit he gives him, the worse the man's finances are. It would be very nice if that could work out. But it rarely does. Instead, it eventually blows up. The customer has to stop buying and the shopkeeper has to stop lending. There's going to be hell to pay, in other words." 
"What should an investor do to protect himself?" our friend asked.
"Buy gold."
Happy Holidays,
Paul van Eeden
"Freier Markt"
Beachtenswert das relativ schmale Handelsband.
ZitatOriginal von Eldorado
Mir ist es ja Wurst, der Tip kam aber von mir, Edel.
Danke, Eldo!
Gruß vom Buletten-Äquator! 
ZitatOriginal von Eldorado
Weiter oben schauen
17.12.05 17.52pm
Mir ist es ja Wurst, der Tip kam aber von mir, Edel.
Sorry,Eldo und Kaufrausch.
Kam er eben nicht !!:
PAL ist ein "alterHut"
Über den gibt es ellenlange Diskussionen in anderen Threads.
Das hier ist Pan Palladium AU 000000PPD3
Ca. 0,13 E statt 6.38 E zB
:]Grüsse
ZitatOriginal von Edel Man
Kam er nicht:
PAL ist ein "alterHut"
:]Grüsse
Also dann dank Phoenix, Eldo, Edel und alle anderen ...
Back to au:
[Blockierte Grafik: http://www.kitco.com/images/live/gold.gif]
Was sagt uns das? Baseline at 503 USD?
sieht aus wie ne Schlange bei der Häutung
Mit Markt hat es wenig zu tun.
Wenn wir das wüssten.
Hab vorhin von "Freiem Markt" gegiftet.
Die Cabal hat noch vieles im Griff.
Unser Jahresendtip liegt bei 506 und 504$/OZ,hab das vorhin gesehen.
Mir wäre aber deutlich mehr lieber.
Die Cabal hat noch vieles im Griff.
Besser sideways als plattgestampft.
Am besten man ruehrt sich gar nicht und bleibt auf ""hold your position"".
Ich denk mal die Cabal hat kein Bock den Preis unter 500 zu drücken, sonst denkt so mancher es ist ein Schnäppchen und dann haben die noch mehr Bullen am Hacken kleben
![:]](https://goldseiten-forum.com/wcf/images/smilies/pleased.gif "Freude"){kind=small}
