With its high finding costs, Newmont Mining is no longer a best-of-breed mining company, and it must make an acquisition if it wants to get the title back,
Jim Cramer said on CNBC's "Stop Trading" segment Wednesday.
Cramer said he prefers Goldcorp , which is "cheaper and a better play." ![:]](https://goldseiten-forum.com/wcf/images/smilies/pleased.gif "Freude"){kind=small}
Moin Edel und Eldo,
die Europäer machen das, was sie immer machen, wenn Dritte sich freuen. Und Miramar, bzw. meine Restbestände im Depot, gehen ja ab wie eine Rakete. War ein guter Tipp von Dir, Edel. Danke!
Viele Grüße
KR
Nichts könnte zu der Gold- und Silberhausse besser passen als Fusionen.
Die Grossen positionieren sich und bringen Leben in die Szene.
Und uns freuts,wir profitieren doppelt.
Grüsse
Le Metropole Members,
Gold Bugs vs. Gartman
By John Partridge
Globe and Mail, Toronto
Wednesday evening, March 1, 2006
http://www.theglobeandmail.com…301/BNStory/Business/home
Video: 
http://www.theglobeandmail.com…1.00037000-00037379-clip2
They agreed that the price of gold will continue to rise.
But as for how far, how fast and why, forget it.
On these and many other issues, two leading gold bugs and a well-known U.S. investment newsletter publisher begged to differ, as they matched wits in Toronto Wednesday during a televised debate.
The gold bugs were John Embry, precious metals specialist and chief investment strategist at Sprott Asset Management in Toronto, and ally Bill Murphy of Dallas, chairman of the Gold Anti-Trust Action Committee. Both believe the metal's price has for years been manipulated by a cartel of central banks, dominated by the U.S. Federal Reserve Board, that have used their extensive gold reserves to suppress the price in an effort to prop up the value of their currencies. They contend the central banks now retain far less gold than the 31,000 tonnes they claim to have.
They also figure that the price of gold, which has risen more than 120 percent in the past five years -- and closed in New York yesterday at US$565.80 an ounce, for April delivery, up $1.90 -- is going to hit $1,000 or $2,000 and more in fairly short order because supply will not keep up with investor demand.
"I basically think that paper money has a distinct problem and that gold will reassert itself for a considerable period of time," Mr. Embry said. "So, yeah, I'm really bullish on gold. I can see $1,000 gold quite easily."
"In essence, there's a major short position out there because the central banks don't have the gold they had," Mr. Murphy said. "They have about half of it. The rest has been used to suppress the price and now that demand is kicking in, the price is taking off." And that short position, he added, will at some point have to be covered, which will drive gold prices rapidly skyward.
Their opponent in the debate, hosted by Report on Business Television, was Dennis Gartman, editor and publisher of The Gartman Letter, a daily investment commentary published from Suffolk, Va. He would not forecast a specific price for gold but allowed that he could perhaps see it hitting $1,000 an ounce maybe 20 years from now, but certainly not in the next two years -- and he dismissed the cartel and conspiracy theories as a waste of time.
"Quite honestly, I couldn't care less," Mr. Gartman declared. "It is not important to me if there has been a manipulation to keep the price of gold down, because the price of gold has been going up. Whether they have deceptively kept it down is inconsequential to those of us who trade in it. The trend is up and is continuing to be."
In Mr. Gartman's view, the key driver of stronger gold prices, especially in the past year, is that what he described as "second- and third-tier" European central banks have been buying it to diversify their reserves, which for years had been concentrated in U.S. dollars and, more recently, in euros.
Gold hit a record high of $872 an ounce in January 1980. To match that in today's dollars, the price would have to top $2,100.
Also Wednesday, Bank of Nova Scotia said that investors have driven the price of gold up so sharply that for now they have also run the most important traditional buyers, jewellery makers, out of the market.
Gold has climbed from $500 since the beginning of last December, but although this is usually a period of heavy jewellery demand, most of the upward pressure has come from professional and retail investors buying exchange-traded hold funds, according to a quarterly report by the bank's ScotiaMocatta Precious Metals division. "Contrasting buoyant investment demand, jewellers and manufacturers from the jewellery-centric markets of India and the Middle East continue to report lacklustre trading conditions with buyers sidelined by high prices," the report said.
In an interview following the debate, Mr. Murphy described this as "sticker shock," and said the jewellers' absence will be only temporary. "Because there is such a supply-demand deficit, the sticker shock will end and at some point they will be forced to go back in," he said.
There were plenty of other issues on which the gold bugs and the publisher disagreed during the debate.
Mr. Embry, for instance, said he figures the U.S. economy is in far worse shape than official statistics suggest and, indeed, that the United States is "unfortunately" heading for a depression that will "destroy" the value of its currency.
Not Mr. Gartman. In his view, the economy is in fact "much stronger than the data would show us," and he does not see a depression in the cards, at least not in his lifetime.
-END-
Listen to Bob Hopper: 
http://www.silverminers.com/publications/20060301.mp3
And Jay Taylor about mine mergers and takeovers :
Na na,heute noch die ominöse 10$?
Herzlich willkommen,10$
HUI, des geht ja richtig ab jetzt, auch mit Minen und POG. 
Jubel, Trubel!!!!!
Jetzt such ich meine Silber-Hymne und werde die hier einstellen!
... die Silber-Hymne zum ersten großen Meilenstein im Silber-Bullen-Markt.
10 Dollar sind Wirklichkeit geworden!!!!!!!!!!!
Originelle Hymne,schuldenblase!
Die hört sich irgendwie "antique" an.
Zitat10 Dollar sind Wirklichkeit geworden!!!!!!!!!!!
echt der Hammer
Silberwolf
Da war es richtig gut,den Mahendra als Kontraindikator angesehen zu haben. 
Hinter dem fulminanten Anstieg der PM steckt auch die heutige Zinsanhebung der EZB.
Schwächerer $, stärkere PM,das alte Spiel.
Grüsse
ZitatOriginelle Hymne,schuldenblase!
Die hört sich irgendwie "antique" an.
... 10$ /Unze ist ja auch ein "antiker" Wert.
Dürfte ca. 20 Jahre her sein seit dem letzten Mal!
ZitatDa war es richtig gut,den Mahendra als Kontraindikator angesehen zu haben.
Wenn Ihr mich fragt: Mahendra hat eine Voll-Meise.
Vor 2 Jahren sah er noch Silber in astronomischen (!) Höhen, der Anstieg sei so schwindelerregend, daß er keine Zahlen nennen wollte um nicht für verrückt erklärt zu werden...
Wenige Monate später behauptet er genau das Gegenteil.
Kein Wunder wenn man sieht, woher er seine "Inspirationen" bezieht:
[Blockierte Grafik: http://www.asienforever.de/Bilder/Bild%201.jpg]
Da bin ich ja morgen mal gespannt, ob sich beim CEF was tut. Wegen dem Silber, meine ich.
In dem herrlichen Artikel....Vice President Cheney ....was drunk like a skunk......den Spruch merke ich mir.
Schön mit Silber.....meine BSG reichen mir.....sind auch 200.000 $ geworden.
cu DL 
Wirklich eine super Nachricht. Ich habe urlaubsbedingt jetzt knapp zwei Tage nicht reingeschaut. Für mich so erfreulicher, da ich auf den 17. März einen OS mit Basispreis 10 laufen habe. Die erste Wette wäre schon mal so git wie gewonnen. Mal sehen, was mir ABN Amro so rüberschieben muß.
Viele Grüße
liberty
.
