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

Jetzt noch einen Klodeckel aus Silber dazu, der Hygiene zuliebe.

Wenn das kein Edelmetall Freund ist dann weiss ich auch nicht.

Wisst was, ich denke mir das PPT soll scheissen gehen.

Sorry, ist mir dabei so rausgerutscht.

Zitat

Original von Edel Man
Blattgoldblättchen kann man,in C2H5OH schwebend,als Korrekturtrost einnehmen.

Mensch Edel,

da gilt aber dann bei dem, was davon übrig bleibt, der Spruch nicht mehr, dass Geld nicht stinkt.

Zitat

Original von Eldorado
Jetzt noch einen Klodeckel aus Silber dazu, der Hygiene zuliebe.

[Blockierte Grafik: http://www.bedbathlinen.com/images/products/med/dollarmed.jpg]

A Golden Loaf

The Daily Reckoning

London, England

Monday, May 22, 2006

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

*** American dollar should start taking notes from the Argentine peso...A
voodoo economy built on magic paper money...a boom begets bust...

*** Fed chiefs, present and past, are covering their derrieres...a new
global trend: Bankruptcy...our thoughts on buying gold...

Much of the middle class was wiped out."

So said our lawyer in Buenos Aires. He was speaking about the last
financial crisis in Argentina.

"Those who understood what was going on didn't lose a thing. We had our
money in dollars or euros...with accounts in Switzerland or Miami. But
when the government let the peso fall...and then put on controls to keep
you from getting your money out of the bank while it was falling, you can
imagine what that did to people. It's always the middle classes who
suffer."

Argentina is now on the mend. People are working. The streets are crowded
and the restaurants are full. The peso, which was once worth as much as a
dollar, is worth only one third as much. But in the last year, the peso
has gone up. It is the dollar that is falling now.

And who will get wiped out this time?

We have been wondering. The popular illusion is that the Fed will manage
the dollar down gently. Little by little, the presses will roll at the
U.S. Treasury, dollars will pile up overseas, and the greenback will fall
against foreign currencies - and gold - in a landing so cushioned that no
one will notice. The dumb foreigners will simply wake up one day and find
their U.S. dollars and U.S. bonds worth only a fraction of what they
thought they were worth. America's debtors will get off scot free.

Could it be that easy and smooth, dear reader?

We venture a little analysis here. In the short run, as Warren Buffett
puts it, the markets are a voting machine. People get any goofball result
they want. Vox populi; vox dei. But in the long run, markets are weighing
machines. The masses are left mute. Sola vox dei loquitur. Only God
speaks. Only the fundamentals matter. Only the truth is heard.

America's middle class has put their faith in various graven images: Ben
Franklin, Andrew Jackson, George Washington - dead presidents printed on
green paper. They have voted for more and more spending, more and more
bread, more and more circuses, more and more foreign wars. They claim to
be religious, but they put their faith in the princes and powers of this
world - in jobs and credit...in the government. Their voodoo economy is
built on magic paper money and directed by witch doctors. Everyone knows
they make mistakes, but no one expects them to fall on their faces.

And most of all, America's middle class counts on houses. Most have few
assets beyond their own homes. They have no secrets accounts in
Switzerland. They have no euros. They have no Picassos and no Bugattis -
or Joe Camels. They have no gold. Even the little they do have - their own
homes - are mortgaged more heavily than at any time in the past. A modest
decline in prices would leave millions of people upside down - with
mortgages higher than their house prices.

Americans used to pay off their mortgages during their working years and
then live in their homes, free and clear of debt, during their
retirements. Typically, houses were then passed along to the next
generation. Now, the house serves a new role. It is supposed to pay the
bills from the cradle to the grave. Rather than savings or pensions,
people are counting on the rising value of their own homes, not only for
current expenses, but for those in retirement, too. Many people take out
mortgages on their primary residences, says USA Today, in order to buy
vacation houses. When they retire, they intend to live in their second
home year round, sell their primary house, and use the proceeds to fund
their golden years. Who is going to pay for all those houses left behind?
Illegal immigrants from Mexico? Maybe.

Don't wait too long, is our advice. Remember, voting eventually yields to
truth. The truth is, houses are already so expensive in many areas that
few people can afford them. And the foreigners look like they could wise
up at any moment.

Boom begets bust. A bust in housing would leave a lot of Americans broke
at the worst possible time - just when their working years are coming to a
close. A real collapse in the housing market would wipe out much of
America's middle class - no matter what happens to the dollar.

"Bay area home sales fall sharply," says one of yesterday's ominous
headlines.

More news from our currency counselor...

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

Chuck Butler, back from his trip to Las Vegas:

"Overnight, there was some healing, with the euro trying to inch back
toward 1.28. The Japanese yen, however, has been sent to the dark side of
the moon by the Bank of Japan."

Read more about the yen and the other global currencies in today's

Daily Pfennig
http://www.dailyreckoning.com/…tler/Articles/052206.html

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

Back to Bill Bonner with more opinions, thoughts and obiter dicta...

*** "One Million in Britain Fear Bankruptcy," is the headline story on
today's subway tabloid. Only a million? Surely the number will go up as
the down cycle intensifies.

*** In America, two headlines suggest worry among top officials: "Fed
Chief Urges Caution on Mortgages," says one, from the Financial Times. The
other comes to us from the Wall Street Journal: "Greenspan Expresses
Concerns on Derivatives..." Fed chiefs, present and past, are covering
their derrieres.

*** And in Afghanistan and Iraq, things seem to go from bad to
worse...bombings, drugs, murders. We recalled our own words from four
years ago: No one goes to war in Afghanistan or Mesopotamia without later
regretting it.

*** Gold...gold...gold! Gold fever has not yet hit the world's investors.
This is still just the second stage of the bull market. As foretold in
this space, gold seems to be in a correction. We looked at a chart this
morning that made us think the price should drop between $650 and $545
before the correction was over. But what do we know?

All we know is that when the voting stops and the truth-telling begins,
gold is likely to be a lot more valuable - in dollar terms - than it is
now. We are hoping the price falls below $650. We will buy more.

*** Today's the day. Addison and company are on a wild pork chase in
Washington this afternoon with a documentary crew. Heh. Heh. Good luck...

These 'capitalists' often act harmoniously and in concert to fleece the people. "

Go GATA!

After a brief rally on the opening last night, gold was punished on into the Comex opening, falling at one point to $643.50.

There was a confluence of influences precipitating the fall:

*General liquidation of equities and assets around the world.

*On that note was a 10% drop in the Indian stock market, which was closed for an hour …

Morning Bill,

I suppose you will have been alerted to the fact that the Indian stock market was suspended at 10% limit down in the early hours (your time) this morning. I have read that the Indian authorities are trying to wean the retail investor from gold in favour of more sophisticated financial products. Stock market actual closure must represent a bit of a psychological set back (like about ten years).

I note that gold has been climbing from $440 to $450 in the last few hours. Is it the Indian retail trade sniffing for a bargain? One problem facing the cartel is that the effort and cost and risk associated with pounding the spot market does not give them any proprietary rights to be first in the bidding queue when the engineered downward spiral reverses, but if they seek to get back in to the market too late, then they are just that little bit more underwater.
Regards
Nicholas Biezanek

India on alert for suicides after stocks slide
Mon May 22, 2006 10:11am ET

MUMBAI (Reuters) - Indian police are watching out for possible suicides by brokers and investors after a steep market slide wiped out billions of dollars in share values, officials said Monday.

Policemen were keeping a watch near lakes and canals, possible places where people in distress could head to kill themselves. They said rescue teams were on alert.

-END-

*Stories like this one added to the general selling panic:

Gold Declines in Asia on Speculation Five-Year Rally Has Ended

May 22 (Bloomberg) -- Gold in Asia fell on speculation that a five-year rally in the metal has ended as investors deemed its rise to the highest level in 26 years was overdone.

Gold futures in New York fell 7.6 percent last week, their biggest decline is almost six years. The drop erased $900 million of market value for the StreetTracks Gold Trust, an exchange-traded fund linked to the price of bullion. Gold had rallied 41 percent this year to $732, the highest since 1980.

``The consensus is that the bubble has burst,'' Nicholas Chung, a general manager at Tong Yang Futures Trading Co.'s international business team said by phone in Seoul today…

-END-

Good old pathetic Bloomberg; can’t wait to get in its gold licks.

Then CNBC did a feature on whether "Commodity Fever" has ended.

It is still early in this trading day and something sticks out. Silver actually went up on the day with gold in the tank, following Friday’s relatively good action vis-a-vis gold and copper, the biggest so-called bubble market of all, is only down a little over a penny.

There is almost hysteria out there about the commodity market bubble. Article upon article relates how pension and hedge fund money has been chasing commodities, driving up the prices without thought to value … a giant momentum trade. There have also been numerous articles of late about the carry trade buying in the past which has begun to fall apart. Looming disaster seems to be the general mantra of the Planet Wall Street financial market press.

Is this true and will commodity prices collapse, or does that assessment hold only a kernel of truth in it … and one which does not represent the true story of what is happening out there? One thing for sure, a soaring commodities market is not in the interest of most of Planet Wall Street, so anything to discredit the move higher will get their attention.

Gold just closed and came back from the dead, and a $14 hit, to close slightly higher. Silver ran out of steam on the upside, but also managed to close higher after putting in what looks like a double bottom.

The gold open interest fell sharply on Friday’s battering, sinking 9,645 contracts to 322,437. It now is around 50,000 less than at its highs and confirms once again the MIDAS analysis that this market is mostly about The Gold Cartel taking gold down so that they can cover as much of their shorts as possible.

The silver open interest dropped 666 contracts to 109,591.

The general gold talk continues to focus on the dollar, which makes no sense. Gold was battered until late in the day with the euro up .50. More importantly, the euro and British pound are close to making new highs, while gold is $90 off its high. The relationship between the dollar and gold has been zip for some time now.

What's Behind the Global Stock Market Melt-down?

By Gary Dorsch
Editor Global Money Trends magazine
May 23. 2006

Do you believe in conspiracy theories?

Sometimes they are difficult to refute. Such was the case last week, just after the Euro had soared towards a 12-month high of $1.30, and the British pound, itself ridden with large trade and budget deficits, stood mighty tall at $1.90, with traders setting their sights for $2 for the pound. The US dollar lost 7% in just six weeks against America's main trading partners, and was 28% lower since January 2002, to stand just 1% above its 1995 low.

Then on Sunday May 14th, currency traders in London, picked up an obscure report from the UK's Observer newspaper, that indicated the International Monetary Fund was in behind-the-scenes talks with the EU, Japan, the US, China and other major powers to arrange a series of top-level meetings to tackle imbalances in the global economy, and address the dollar sell-off that was rattling global stock markets.

Can Central bankers derail the "Commodity Super Cycle" and gold?

It would probably take a sustained global stock market sell-off of 10% or more to knock the "Commodity Super Cycle" and gold off their four year upward trajectory. Evidence of a slowdown in the booming Chinese and Indian economies, caught in the downdraft of a global economic slowdown, and signs that G-7 central banks are tightening their money supplies in a meaningful way, are also pre-requisites for calling an interim top in commodity indexes.

The catalyst for a sustained global stock market decline might be weaker US housing market. "In combination with rising interest rates, affordability is becoming much more difficult and therefore as you would expect some cooling in (housing) markets," said Fed chief Bernanke on May 18th. Up to 40% of US home loans were of non-traditional types such as adjustable rate and no-money-down mortgages in 2005, Bernanke noted. "Some people will soon be faced with adjustable rate loans re-pricing under less favorable conditions," added Chicago Fed chief Michael Moskow....... more

http://www.321gold.com/editori…rtsalot/dorsch052306.html

@eldo

Ich muß an dieser stelle mal ein dickes Dankeschön an Dich loswerden. Es steckt schon einiges an Arbeit dahinter, was Du alles findest und hier postest.

Ich muß mir mal einen Translator zulegen, weil ich nur über "very smal english" verfüge. Nun ja , das wesentliche krieg ich noch raus.... hätte doch in der Schule besser aufpassen sollen.

Aber weiter so.................

Ich weiss es ist eine Menge, ueberfliege es einfach was dich nicht interessiert, Carlos.

Oder sollen wir weiter ueber Klodeckel diskutieren ?

Momentan ist einiges im Arsch, auf gut Deutsch gesagt.

Die Berichte oben schneiden an dass hier im grossen Stil manipuliert wird sowie vielen Investoren nun der Hintern brennt.

Ich vermute es faellt eine Entscheidung in den naechsten zwei Tagen.

Dann wissen wir mehr wo es lang geht in den naechsten Monaten.

Ich halte weiterhin die Stellung und lasse mich von den PPT Gangstern nicht so einfach unterkriegen.

Nur ueber meine Leiche kriegen die eine Aktie von mir.

Die haben Glueck das ich keine Munition $$$ mehr habe.

Viel Glueck bei der naechsten Runde in New York und Kanada heute Abend.

Mal schaun wie der Eiertanz der letzten zwei Tage um HUI 320 und PoG 657 $ nun heute wieder ausgeht.

Bis jetzt habe ich noch kein goldenes Ei verloren, wie schauts bei Euch aus ?

Ich weiss nur eines, wer es haelt wird es nicht bereuen.

Gold fever has not yet hit the world's investors.

This is still just the second stage of the bull market.

You may call it we have now the ""wipe out "" days.

Give those bastards hell, however you can !

Cheers

Eldo

ich habe meine Eier alle noch ;), auch die güldenen. Davon geb' ich auch keines her, warum auch? Mir geht's aber leider so wie eldo im Augenblick wenig Munition ($), sonst würde ich nachkaufen.
Aber es scheint nun wirklich loszugehen - ein letztes, oder vorletztes Aufbäumen der großen Manipulanten - erste Panikanzeichen der Investoren, etc. Bin mal neugierig wer als erster "den" großen Fehler begehen wird.

bleibt standhaft!
nodollar

Du machst deinen Namen wieder Ehre.....No-dollar !

del

Die HUI Indikatoren zeigen nun bei RSI und Momentum -14 an.
Das war meistens der absolute Boden bei starken Korrekturen seit 2003.
Nur im Juli 2002 und Maerz 2004 traf es ganz kurz die -20.

Holy Meltdown, Batman!

By Philip Gotthelf

May 18, 2006) I appeared on CNBC's early morning "Squawk Box" about two months ago to discuss precious metals, as usual. The question was, "Why gold?" When I brought up the "I" word (inflation), I was immediately confronted with the fact that the Consumer Price Index (CPI) did not reflect my alleged inflation. My only response was, "Have you been to the supermarket lately?"
The point is that inflation has been talked around, disguised, dismissed, and even ridiculed as recently as March...yet, the cost of living has taken a rapid track towards the moon.
If $4.00 copper is not indicative of inflation, what is?..... more

http://www.gold-eagle.com/gold…t_05/consensus052206.html

Zitat

6:32AM Northgate Minerals announces offer for all outstanding shares of Aurizon Mines (NXG) 3.68 : Co announces that, together with a wholly-owned subsidiary, it will make an offer to acquire all the outstanding shares of Aurizon Mines (AZK). AZK shareholders will be offered 0.741 of a NXG common share for each AZK common share, which implies an offer price of Cdn$3.00 per share (based on NXG's May 19, 2006 closing price on the TSX of Cdn$4.05). The offer represents a premium of 30.5% over the May 19, 2006 closing price of Aurizon's shares on the TSX.

Zitat

Original von Edel Man
Vanescent,....

Wäre schön,wenn unser Mumm mit den Zukäufen gestern belohnt würde.

Mal sehen.Ala long geht die Rechnung eh auf IMO.

Erstaunlich die weiter relativ gute Performance der PM gegenüber den Minen.

Grüsse

Alles anzeigen

Edel Man

Ohne Mum gibt’s keine Belohnung!

Kurzfristig ist die Vola natürlich nicht vorhersehbar, langfristig teile ich deine Ansicht!

Grundsätzlich bevorzuge ich ein Kaufen in die Schwäche und ein Verkaufen in die Stärke.
Dabei ist natürlich immer die Gefahr, dass ich beides zu früh mache, das Kaufen und Verkaufen.

Darum teile ich einen beabsichtigten Kauf/Verkauf in Stufen ein.
Die erste Stufe ist bei einer deutlichen Korrektur (Kauf) oder einem deutlichen Anstieg (Verkauf) und eine weitere Stufe ist dann erreicht, wenn sich eine Trendumkehr bestätigt.
Bei der ersten Stufe verkaufe ich ev. zu tief oder kaufe zu hoch, vermeide aber, dass ich den Zug verpasse, wenn’s dann nicht so kommt, wie geglaubt.

Gruss.

Nachtrag:
Es könnte diese Woche nochmals eine Attacke auf den Gold-bzw Silberpreis gefahren werden. Erst ab nächster Woche ist dann der Weg nach Oben wieder frei...

..ohne Worte

Zitat

Posted On: Tuesday, May 23, 2006, 11:04:00 AM EST

The Commodity Market Bull Is Dead?

Author: Jim Sinclair

Dear CIGAs

The commodity market bull is dead? You have to be kidding. I think you are watching too much financial TV or the wrong stars.

I consider the recent market to have proven two concepts:

1. The volatility coming in gold is going to make history.
2. My estimate of $1650 being the high for gold is probably wrong. It will be higher.

The importance of .8050 on the USDX cannot be overstated. It is a 16 year slightly up trending support line that if broken, breaks the back of the Camel. The best action at that point for the short is a cover and reinstatement of the position on the break. Less than .85 has broken six years of support, opening up the probability of a test of the low. Let the present Fibonacci retracement line guide you as a trader.

Alles anzeigen

BTW: Fannie Mae vom Handel ausgesetzt 8o, da brodelte ja schon lange die Gerüchteküche!

Gruß