Wie geht es auf dem Goldmarkt weiter

Zitat

Original von leonardoma
Ist nicht von einem deflationären Crash ähnlich wie 1929 - 1933 auszugehen und nicht von Hyperinflation?

Es fragt sich, wie sich Gold und Silber damals verhalten haben?

Der Besitz von Gold wurde m.W. verboten und Silber verlor zeitweise ca. 50 %.

Damals war der Dollar goldgebunden, da konnte man nicht einfach so drucken. Heute sieht das komplett anders aus und man hat zusätzlich noch die variablen Zinsen, aber ich mag mich nicht 1000mal wiederholen, das wurde bereits sehr oft im Forum durchgekaut...

P.S Ich kanns ehrlich nicht mehr hören Ein bisschen googeln und Eigeninitiative ist nicht verwerflich ...

A Warning or Apology is in order !

The previous BUY signal failed. Downward momentum now reached to intolerable levels.

You can either wait for a new bullish alert or sell the index immediately. It is up to you.

I (We) owe you an apology.

You can play the short side assuming all risk if you want to.

Our stance, however, is currently neutral in this matter.

http://www.americanbulls.com/S…LD&MarketTicker=TSE&Typ=I

Zitat

Original von damokless
Westgold scheint es auch nicht mehr nötig zu haben, die Preise zu aktualisieren?

Habt Ihr es immer noch nicht kapiert?

Zitat

Original von Homm13

Damals war der Dollar goldgebunden, da konnte man nicht einfach so drucken. Heute sieht das komplett anders aus und man hat zusätzlich noch die variablen Zinsen, aber ich mag mich nicht 1000mal wiederholen, das wurde bereits sehr oft im Forum durchgekaut...

P.S Ich kanns ehrlich nicht mehr hören Ein bisschen googeln und Eigeninitiative ist nicht verwerflich ...

Lass es lieber. Es macht keinen Sinn. Sie hören nicht mehr zu...

Zitat

Original von Eldorado
A Warning or Apology is in order !
(...)

Don't apologyze the PPT ....

Mannmann.

Heute war ein besch.... Tag.

Hab hier nen 5 Kilobarren Silber zum Gewichtheben liegen, das hat sich bewährt.
Für die Leser diese Threads hier empfehlen sich stattdessen 4 Unzen Gold ... .

Man spürt dabei, dass da etwas ist, was nicht so einfach crasht.

Moleküle .... .

- Leute, ich will diesen Sommer noch mindestens einem grossen Hedgefund und einer Rating-Firma beim Sterben zusehen.

Man will schliesslich was geboten bekommen für sein Geld!

BROT & SPIELE !

Gruss,
gutso

Zitat

Original von leonardoma
Ist nicht von einem deflationären Crash ähnlich wie 1929 - 1933 auszugehen und nicht von Hyperinflation?

Es fragt sich, wie sich Gold und Silber damals verhalten haben?

Der Besitz von Gold wurde m.W. verboten und Silber verlor zeitweise ca. 50 %.

damals war gold geld

heute ist es fluchtwährung AUS dem alle fliehen in einer krise

ob die angst haben vor der krise, vor gold oder heli ben

fragen über fagen

Zitat

Original von GOLD_Baron
Habt Ihr es immer noch nicht kapiert?

Daß man 3 Wochen auf seine Bestellung warten muss .....doch das haben wir kapiert ( Kunststück, steht ja auch direkt dabei)
Das ist aber kein Grund einfach die Preise nicht mehr zu aktualisieren.
Der Preis der Maples war zeitweise auf 10,60€ runter, aber bei WG steht nach wie vor 12,10€.

Sie werden den Preis nicht mehr angleichen. Nimm mich beim Wort.

Wenn in Frankfurt Investmentbanker wie die Wilden Gold kaufen und in München die ProAurum Filiale leergekauft wird, dann sind das andere Zeiten als im Alter von 10 Jahren beim Mama am Rockzipfel. Gemeint: Preisangleichungen.

Die bescheidene Meinung eines heute mehr als oft angefeindeten Goldbarons. Direktheit verstehen einige nicht mehr. Eher "einlullende Sprache" a la Investmentberater. Schade.

Bloodbath in Gold and Gold shares
Fear is running high - Where/when does it end?

Gold: $646 / HUI: 290

Dear reader,

The financial markets find themselves in uncharted territories.. The subprime woes are spreading like cancer through other financial sectors and the problem is that no-one really knows what the nearby future will bring. Credit problems all over the place, Bear Stearns, BNP Paribas, Sentinel, Countrywide....just to name a few...the question is who is next and how many institutions more will be forced on drawing down emergency credit lines or even worse shutting down? The more lenders shutting down or pulling back the more credit markets cease. Not a very bright picture indeed but and again the problem is that no one really knows how bad it can get before all is said and done. Fear of a complete market meltdown is growing day by day and the question for the gold investor arises of what to do?

Sure enough this question is a tough one but it's my strong believe that this sharp correction in the gold stocks will be over much sooner as most of us would think. The HUI was bombed into extreme oversold territories over the past two trading days and it was plain fear driving it down to these depressed levels. Extreme fear and extreme oversold conditions never persist for a long period of time so the odds are we are pretty close to unique 'BUY' opportunities here.

Sure many of us wonder if gold has any chance to recover at all since the saying goes that gold is being sold off to raise cash in order to meet eg margin calls.. Well, maybe that will be the case for a few indeed but the bottom line remains the same, gold is a currency and trades like a currency and will resume its uptrend once the dollar resumes its down-trend. please make no mistake about it, the dollar has not a snowball's chance in hell to gain much further from current levels. Yes, it rallied over the past few days but that can be considered as a massive short cover rally which will run out of steam within a short period of time.

Now what are we going to do next?

First of all I'm in the process of writing an extensive update on recent market developments including all relevant charts. I will update these charts after market close today and send you the update soon afterwards (latest before market opening on Friday August 17)

I'll follow up on this update on a daily base for as long as current fear remains

I'll publish all charts of our TOP 20 stocks for a technical review so our members can take advantage of potential new 'BUY' opportunities soon..Expect these charts to be published on Sunday August 19.

Please remember that current selling is driven by fear and that wash-outs like these never persist for along period of time.

I realize that there's a lot of uncertainly out there these days so please feel free to drop your questions. I will answer common questions publicly (anonymous)...

Stay tuned,

Eric Hommelberg

Zitat

Original von Eldorado

Kann sein, wir werden es eventuell wieder erleben und vergleichen spaeter mit der Vergangenheit.

so wars:

http://www.gold-eagle.com/editorials/great_crash.html

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das hat mich eigentlich neben der anfänglichen Loslösung vom Aktienmarktgeschehen positiv gestimmt, v.a. auch in Verbindung mit der sich abzeichnenden Kredit-Finanz-Papierkrise.

Nun klammern sich alle mining shares wieder an das Dow-Jones Gehabe, wir sind wieder in der Steinzeit, zum Glück hab ich alle OS heute früh liquidiert (ausser den strike 1000, 10.03.08, mit dem Papier kann ich mir jetzt den....ausputzen.

First Majestic Silver
Esperanza Silver
Silver Wheaton

und auch ein Uranplay

Pitchstone

alles saugünstig zum aufsaugen heute gewesen...Wahnsinn was da abgeht

-------------------------------------------------->
Bloodbath in Gold and Gold shares
Fear is running high - Where/when does it end?

Gold: $646 / HUI: 290

Dear member,

The financial markets find themselves in uncharted territories.. The subprime woes are spreading like cancer through other financial sectors and the problem is that no-one really knows what the nearby future will bring. Credit problems all over the place, Bear Stearns, BNP Paribas, Sentinel, Countrywide....just to name a few...the question is who is next and how many institutions more will be forced on drawing down emergency credit lines or even worse shutting down? The more lenders shutting down or pulling back the more credit markets cease. Not a very bright picture indeed but and again the problem is that no one really knows how bad it can get before all is said and done. Fear of a complete market meltdown is growing day by day and the question for the gold investor arises of what to do?

Sure enough this question is a tough one but it's my strong believe that this sharp correction in the gold stocks will be over much sooner as most of us would think. The HUI was bombed into extreme oversold territories over the past two trading days and it was plain fear driving it down to these depressed levels. Extreme fear and extreme oversold conditions never persist for a long period of time so the odds are we are pretty close to unique 'BUY' opportunities here.

Sure many of us wonder if gold has any chance to recover at all since the saying goes that gold is being sold off to raise cash in order to meet eg margin calls.. Well, maybe that will be the case for a few indeed but the bottom line remains the same, gold is a currency and trades like a currency and will resume its uptrend once the dollar resumes its down-trend. please make no mistake about it, the dollar has not a snowball's chance in hell to gain much further from current levels. Yes, it rallied over the past few days but that can be considered as a massive short cover rally which will run out of steam within a short period of time.

Now what are we going to do next?

*

First of all I'm in the process of writing an extensive update on recent market developments including all relevant charts. I will update these charts after market close today and send you the update soon afterwards (latest before market opening on Friday August 17)
*

I'll follow up on this update on a daily base for as long as current fear remains
*

I'll publish all charts of our TOP 20 stocks for a technical review so our members can take advantage of potential new 'BUY' opportunities soon..Expect these charts to be published on Sunday August 19.

Please remember that current selling is driven by fear and that wash-outs like these never persist for along period of time.

I realize that there's a lot of uncertainly out there these days so please feel free to drop your questions. I will answer common questions publicly (anonymous)...

Stay tuned,

Eric Hommelberg

The Gold Discovery Letter/
The Gold Drivers Report

http://www.golddrivers.com

,,,,,,,,,,,,,,,,,,,

@silberstation...doppelt gemoppelt

Ist auch meine Meinung...

Cheers

XEX

noch einer zu dem Schlachtfest..

Indiscriminate selling, forced liquidation, throwing the baby out with the bath water… call it whatever you want, but as irrational as it seems the biggest and best gainers this year were sold most aggressively today as many were forced to raise cash for a variety of reasons.

The catalyst for this move was, of course, further credit worries. Countrywide’s bankruptcy rumors from yesterday spread to today as they “borrowed the entire $11.5 billion available in a bank credit line” to fund its operations. Poor economic data and rumors that a hedge fund may collapse certainly didn’t help things, but rumors of a possible emergency fed rate cut seemed to calm the markets and take them well off their lows by the end of trade. One fed operation that can be confirmed today was the injection of $17 billion in liquidity.

...“Silver analyst Theodore Butler claims silver to be more oversold than ever. According to Ted, ‘The best thing you can own in the world today has just been marked down. Forced liquidations and margin calls have caused silver to plummet. This will only be temporary,’ says Butler. ‘Buy silver now.’”

http://news.goldseek.com/GoldSeeker/1187323230.php

more....

We also shouldn’t forget that once gold broke $450, we saw an explosive move to $730, a 60% gain (about 40% gain from $325 to $450 at the previous run). If we use the same analogy, we shouldn’t be surprised to see that once gold breaks $700 decisively on a monthly chart, gold will have a field day with similar explosive up move to reach 4 digits.

I have seen before this kind of shakeout and bottom testing in May 2005 (when gold was above its previous bottom but HUI was testing its old bottom again). This is the typical capitulation to shake out all the weak apples and hammer out any remaining confidence in investors. As trading in any market, we need both patience and a strong heart, especially with gold, especially during market turmoil like now. Also don’t forget if this gives you more confidence that, we are holding gold, the last currency standing in the World, and HUI as long term option to gold never expired. We are not losing time value on these gold options and quite opposite we gain time value since each day the miners are getting one step closer to production. This is much better than holding some asset “back” securities marked to black box computer model (not to the market) with assumptions such as delinquency rate can jump 4 times from 5% to 20% in one month. We have no clue what the future cash flow looks like on those ABS products if there is any. But at least we have gold. Even with what has happened during last several weeks, I am still expecting this consolidation phase to end soon, and the 2nd half of 2007 will be a good up market for gold, silver and HUI. Next year in 2008 too. Buying dip and hold have been a good strategy during last 7 years in this gold and mining market, so don’t panic. A great opportunity and turning point might be right in front of us.

http://news.goldseek.com/GoldSeek/1187297677.php

2 min zu spät doppelt hält besser Eldo (so langs kein OS im Depot war den ich jetzt gern ausübern würde (in Papierscheinfunktion)

der hat mich dazu verleitet nicht dem Depot zu trotzen..Greg Silberman

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Current Gold Prices And Hedge Fund Stock Investing Games
Wednesday, August 15th, 2007

Central Bankers poured $500 Billion Dollars (that’s Billion!) into the monetary system last week. The sheer quantity of intervention indicates an enormous monetary dislocation is taking place — current gold prices remain firmly bid.

Wow!

Last weeks action left us breathless simply due to the sheer magnitude of money being forced down the markets throat.

What we have here is a situation where risky fixed income investments ala CDO’s and sub prime mortgages have been written down to Zip Nudda!

Now obviously holders of these securities are not exactly writing them off their books, but what is happening is in an effort to fund redemptions the banks / hedge funds / pension funds or whoever holds these securities are finding they are UNMARKETABLE at exactly the time it really counts!

That left Central Bankers holding the liquidity bag to help finance fund redemptions. This was necessary to prevent funds from selling other assets and causing a severe market rout.

An argument against gold stock investing is that it is just another asset class for hedge funds to dump when they require funds for redemptions. So why buy Gold or Gold Stocks when they seemingly offer no protection against a market meltdown?

Ofcourse it is a valid argument in the short-term but it fails to acknowledge that market participants understand the money supply is about to rapidly increase as the present central bank bailout unfolds. And Gold has done a great job against an increasing money supply over the last 6 years.

In fact it is this tussle which has caused the AMEX Gold Bugs index to hold above its 50 week moving average over the last year.

HUI looking for support from its lower trend line (green dotted line) and its 50-week Moving average
Chart 1- HUI looking for support from its lower trend line (green dotted line) and its 50-week Moving average

Now the game gets interesting!

• Gold stocks are looking desperately for support at their 50-week moving average (main chart - blue line) and the lower trend line (green dotted line).
• Gold stocks have also rebounded against an under pressure Dow (middle chart – red line) and made a double bottom in the process.
• And finally Gold Stocks versus Gold Bullion have bounced off support yet again (bottom of chart – blue line). This is important because Gold stocks lead Gold bullion at important turning points.

The fact that Gold Stocks have bounced off of strong support portends to them moving higher in a flight to safety. And as we mention below, the safe haven status of Bonds is about to encounter substantial headwinds. All of which further emphasises Gold as the asset of last resort.

Stock Market Outlook:

Asset Allocation Equities (ex-resources):

9% (4% stocks; 5% Put Options) : 91% cash *

(08/05/2007) 7% (4% stocks; 3% Put Options) : 93% cash

The raison d’être for derivative products is their ability to shift risk. If a lender fears for the creditworthiness of his borrower – no problem - he enters into a credit default swap with a 3rd party.

Unfortunately, investment bankers have become victims of their own success. They have been so successful at spreading risk around that nobody knows who holds what anymore (and what it’s valued at either). It’s this risk allocation success that the Fed praised and why the derivative market has been allowed to grow into a multi-Trillion Dollar business with relatively little legislative oversight.

Now we join the derivative circus on the dark side.

Credit spreads have been widening for most of 2007 which has put stress on all sectors of the credit market and sub prime in particular. But since nobody knows who owns what Banks are shying away from lending to each other for fear that the borrower holds a box of their own cracker jack fireworks which could go off at any second. Net result is a credit crunch the likes of which we have not seen in our lifetime. There is just not enough liquidity for normal commercial activities to continue so enter the Central Banks…

The Central Banks are now actively providing liquidity to the markets. I won’t go into the details of how they do it but suffice to say the end result will probably be an interest rate cut (in the US at least). In my opinion the Fed and the Central Banks have been doing a great job of preventing a panic SO FAR. Will they ultimately be successful? I don’t know. But I do know when rate reductions and increased money supply collides with rapidly growing global economies the outcome will be runaway inflation.

But let’s suppose for a second that confidence in the financial system is so eroded that Central Bank efforts become futile. What then? I shudder at the thought. Here we are talking about the Fed throwing boatloads of money in to the system but it does nothing to lift growth or restore confidence. I’m eerily reminded of an interview with deflationist Ian Gordon in 2002. In the interview Ian explained how Central Banks would not be able to inject enough money into the market to prevent a severe credit crunch. The period we are in now is called the Kondratieff Winter where all debt will be expunged from the system - read defaults or inflated away. Anyway, check out the interview transcript it’s chilling but in light of what is going on its almost plausible!

Right onto the markets:

Even though there is broad based fear and that fear looks to be spreading, there are still pockets of strength. We say that with the proviso that anything can and does change by the second.

For example, the NASDAQ has been surprisingly strong. Semiconductor stocks have all but yawned at the latest rout in financials.

Agriculture prices are also very strong and are readying to break out to new highs – possibly under inflationary fears. Over here I am talking about the commodity themselves and not agriculture companies.

Another pocket of strength is the US Dollar. The Dollar is now rallying and rallying hard, catching a lot of players on the wrong side. I’ll talk more about this short squeeze in the Gold section.

All of the above aside, take a look at this bow wow of a chart – the big daddy Dow Industrials:

Dow Industrials breaking below KEY support (blue line)
Chart 2 - Dow Industrials breaking below KEY support (blue line)

Yesterday’s action saw the Dow break below support at 13260. This is a significant technical deterioration as it effectively puts the Dow below its top formation that began in late May.

The next leg of the Bear market is upon us. Next stop 12,600.

We recognize that this entire Bear market (and yes it is a bear market) has been categorized by vicious rallies so it would not surprise us to see one materialize over the next few days. But regardless, the only thing for us to do now is to go short via more Put options:

Put Option Stock Profile: Ctrip.com International Ltd. (CTRP)

A quick peek at CBS Industry Watch over a 1-year period shows us that the Travel and Tourism sector has been amongst the top performers. In our opinion, this type of discretionary spending will be the first to be hit in the coming slowdown. As a result we will add Put options in Ctrip.com.

Ctrip.com International is a Chinese Internet based travel company. It sells air tickets for Chinese airlines, including Air China, China Eastern Airlines, China Southern Airlines, and Shanghai Airlines, as well as international airlines operating flights originating from cities in China, such as United Airlines, Northwest Airlines, Air Canada, DragonAir, and Lufthansa.

Ctrip has a $2.5Bn market cap; a high P/E of 68; Price/Sales of 20 and Price/Book of 15. Valuations are in the stratosphere on this one.

Whilst we still like the Chinese growth theme we think it will not be immune to the economic woes faced by the rest of the world.

CTRP making a top formation
Chart 3 - CTRP making a top formation

CTRP has been forming a topping pattern since early July. $38 looks like key support the failure of which should cause a break in the price. Overhead resistance is at the 50 day moving average at $39.80

We like the December $32.50 Puts (QCTXZ.X) at $2.15

Remember: Options are high Risk high Reward. One can lose 100% of the money invested in the Option Premiums so please, only spend what you are willing to lose!

Gold and Energy Market Outlook:

Asset Allocation 72% resource stocks / 28% cash *

Prior allocation (07/04/2007) 78% / 22%

Scotty we need a bounce!

A while ago we discussed how the financial world was being levitated by liquidity created through the Yen Carry Trade and Bond issuance in the US based on artificially low interest rates.

This money in turn was used to fund asset acquisitions in Australia, New Zealand, Euroland as well as in commodities including Gold.

We went on to comment how a reversal in the Yen would put pressure on the assets acquired through the Yen carry trade (which it is) and how higher US interest rates would do the same. A reversal in the Yen is now common knowledge. The initial slowdown in US corporate borrowing hit the private equity market first. Now were seeing it spread further. How do we know this?

First we are beginning to see a rush to Dollars as debt holders unwind their trades and pay back Dollar denominated debts:

USD rally underway. Likely target in green circle
Chart 4 - USD rally underway. Likely target in green circle

And secondly, US Bonds recently caught a bid in a flight to safety. In fact the recent strength in Bonds has caused everyone to forget that rates had been moving higher for much of 2007.

Now we find long yields challenging strong support in the form of a long-term rising trend line. In our opinion, probabilities now favour rates moving higher (bonds lower) from here. The point being that as a credit crunch deepens; borrowers will be forced to borrow at higher rates not lower thus exasperating the crunch.

Bond Yields are approaching Long-term support (lower blue line)
Chart 5 – Bond Yields are approaching Long-term support (lower blue line)

Therefore, Gold and Gold stocks are caught between 2 strong and opposing forces.

On the one hand we have the above sources of liquidity drying up and with it the liquidation of assets that were previously recipients of the liquidity.

On the other hand we have positive Gold fundamentals falling into place as discussed numerous times in the past i.e. credit spreads widening, yield curve steepening and Gold outperforming economically sensitive Oil and Industrial Metals.

This is all playing out in a fascinating tussle between Bulls and Bears:

Next support on the HUI at 330 then 320
Chart 6 - Next support on the HUI at 330 then 320

The pain continues as (in our opinion) the baby is being thrown out with the bath water. General stock market liquidation is sucking Gold Stocks lower. A buying opportunity? Maybe but based on our current exposure there is really no need to find out.

Next minor support comes in at 330 then 320.
350 remains short term resistance.

We have no opinion as to which way prices will move next but we should not be surprised if more downside lay in store.

LATE BREAKING NEWS: The HUI crumbled another 4% overnight before we could get this letter out. The HUI closed below support at 316! There is some support at current levels but it is now possible we will challenge the October lows at 280. Trying times indeed!

Strategy & Portfolio Update:

Out stop loss on Kimber Resources (KBX) and Australian Extract Resources (EXT.AX) was hit and we duly sold out. Some of our other stocks in play are precariously close to their stops and it wouldn’t surprise us if the get hit over the next few days.

Remember, we are playing in a market where there will be both ups and downs. We are now experiencing the downs but believe it or not we will experience the exhilarating ups once again. The short of it is if you are trading a system (and we are) then it is important to stick with it during the ups and downs.

We have a significant number of stocks in the treasury where we have 50% profits and carry them for the long haul. You should not feel the slightest bit of worry about these stocks as you are effectively playing with the markets money.

As for the stocks in play it is impossible to always get winners. We aim for a ratio of 6 or 7 out of 10 to be winners. But the timing usually means the winners happen all at once and the same with the losers.

What we are getting at (especially for newer subscribers) is don’t become despondent; all investing requires time and patience.

Get off margin and sell down to your comfort level. (gestern gewarnt-ich war outbreakgestimmt, wie schon so oft die letzen 3 Mal)

was mich beunruhigt ist der 1987 crash, damals ist der Hui im Einklang mitabgekracht wie ich vorher hier irgendwo las, v.a. schaut der chart von gutso fast 1:1 aus

nachher wissens wir

What a mess.

Sheer panic has set in...... Instead of everyone flocking to gold in this financial market crisis, everyone is running from it, thanks to The Gold Cartel.

We are in the midst of a full scale liquidity crisis, which is growing by leaps and bounds. Since the essence of the problem has to do with the most illiquid of assets, real estate, the building nightmare has a LONG way to go.

Investors are selling whatever they can to raise cash. Margin calls are staring hedge fund managers and general investors in the face and scores are taking action by throwing what they can out of portfolios.

Last night I was out to dinner with a very savvy money manager. He had lightened up his gold share position, shifting the proceeds into bullion. With the close of the HUI yesterday taking out key support, he was fearful that the index would tank down to right above 280. I’m not sure he thought it would go there TODAY. This morning the HUI fell to 284.85, as babies everywhere were thrown out with the bathwater.

The gold open interest ROSE 4736 contracts yesterday to 352,707. But I thought it was a liquidation panic? Today for sure, but AGAIN, this is just what the crooks wanted. Since gold is not allowed to go up, people are dumping for cash and peace of mind.

Well, what do you know, Dennis Gartman this morning…

As for gold, given the dollar's strength and given the stock market weakness globally, and given the recent correlation between gold and these two other markets, one might have thought that gold would be down quite materially. In dollar terms, it is down marginally; in euro terms it is up materially ... and that, we think, tells a large and engaging story.

Gold has rather obviously had difficulty trading upward through $670 and through E500. We do not know for certain, but we would have no difficulty believing that central bank selling has helped to keep spot gold below these two important resistance levels.

Given the gold sales that are still permissible under the Washington Agreement, and given the lack of such sales in recent weeks, the central banks have more than adequate "ammunition" upon which to draw to keep gold from breaking to the upside. We suspect they shall use that ammunition if needed, not to nefariously keep gold from rising, but to keep it from rising in order to keep gold from sending a signal of panic to the world's investors in equities and debt.

If the Fed, the European Central Bank, the Bank of Japan, the Bank of China, et al. are prepared to push liquidity into the system, it is reasonable to expect them to sell gold in small or even large sums in order to keep gold from rising, for should gold push upward through these resistance levels at a time when stocks are falling, the public at large will properly take that as an ominous sign. Certainly we would!

Dennis, Dennis. Give me a break. Is this your way of trying to become the Semantics King? Not nefarious??? You deceive yourself. It is as nefarious as it gets. The price suppression scheme contributed greatly to the current financial market mess because it thwarted the free market process and took away the most widely watched crisis barometer from the investing public … that being a free price of gold. Well, at least you are almost there after getting on GATA’s case for 8 years.

Nefarious? Yes indeed. Sabre…

free markets! Gotta love free markets! Lease rates go to a 3 year high and then fall once the damage is done.

***

Those who still think the dollar is the key to the price of gold have it ALL wrong.
Today is a perfect example how secondary it is, at least for the time being. The dollar FELL .05 to 81.71, yet gold gets hit for more than $20. A more appropriate headline would be … Gold Gets Buried Due To Fall In The Dollar.

The main reason for the fall in the dollar was the strength in the yen which finished the day up 3.32 to 112.98. The yen carry trade is falling apart and is adding to the dumping of all kinds of assets. The euro only fell .25 to 134.05.

Crude oil was hit, falling $2.33 per barrel to $71.

The action lately in silver has been horrible and it showed those colors today. Don’t know what to say on that one for now.

The yield on the 10 yr T note plummeted to 4.61% and that was off its lows of the day.

"A Golden Opportunity"

By: A.B. Korelin

What a great way to start the day. At 6:45 a.m. this morning I turned on my computer and was faced with the following: "Credit Crunch Haunts Wall Street", "Uncertainty Fans Wall Street’s Flames", "Rams Slaughtered On Refinancing Failure" and the list goes on and on.

I checked my portfolio and saw that most of my stocks were down anywhere from 25% to 50%.

Both the Dow Jones Industrial Average and the Nasdaq Composite were in negative territory as are the Canadian markets.

Gold and silver were down.

Wow, am I in the wrong business? Am I putting my family’s money into the wrong investment? Am I talking about the wrong things on the radio? Am I just plain stupid?

The answer is a loud and resounding NO! Investors, including me, have a "golden opportunity" right this minute. Let me explain why.

Let’s first examine the real estate crisis. Yes, it does exist. July housing starts are at a level not seen since January of 1997 and the drop in housing permits for July is at the lowest level since October of 1996. All expectations are for both new and existing home sales to continue to drop.

None of this should come as a surprise to listeners of the internationally syndicated Korelin Economics Report, http://www.kereport.com, because we began discussing the negative future of this sector over a year ago with Roger Wiegand of Trader Tracks. Roger had emphatically been telling listeners during that time that the real estate industry had nowhere to go but down. Surprise, surprise, he was absolutely correct. He was absolutely correct because all the fundamentals pointed in that direction.

Let’s look at gold and silver. Sure, the respective prices are not skyrocketing upward as some have predicted. Why not? Well, as James Turk has said numerous times on the show, "Gold is a very liquid investment and when people get scared, they sell some of their gold to bolster their cash positions."

They sell SOME of their gold. Believe me, if people really had no faith in gold they would sell all of it. The fact is they are not. This is proven by the price trends of gold and silver. As the stock markets around the word continue to loose value, gold and silver simply waffle a bit up and down.

Now, let’s look at the sub prime mortgage market because it is considered to be the culprit behind all of this. Let me quote Lawrence Raulston here. He put this situation in perspective to his readers when he wrote: "First, sub prime mortgages represent only a small portion of the overall mortgage market in the United States. Actual defaults on sub prime mortgages have been about 5% to date. So far, 85% of borrowers in that market continue to make timely payments. Inevitably, the default figures will get worse. But, remember, those loans are all backed by real estate. Undoubtedly, the value of the real estate will fall short of the loan amount in those cases where the borrowers default. To explore the potential implication, assume the delinquency rate was to soar to 25% and, as an example, suppose that in each of those cases the realized value of the collateral falls 25% short of the loan amount. Then, the overall sub prime market would lose about 7% of its value. That is hardly a catastrophic event for the world economy."

So why do we have a golden opportunity now? Because anyway you look at it, gold and silver have no way to go but up.

The fundamentally sound public companies in the gold and silver industries also have nowhere to go but up. Even if the liquidity crisis continues these prices have nowhere to go but up because governments will have to continue to inject money into their respective countries to combat it. More money means higher inflation and higher inflation means higher gold and silver prices.

Throughout this crisis, gold and silver values have not depreciated to any meaningful extent. Most of the related stocks, on the other hand, are down 25% to 50%. I suggest that, at these low levels, the fundamentally sound companies are the ones that we all should be looking at.

I also suggest that physical gold and physical silver are not a bad place to be because when their respective prices are as resilient as they have been, given recent market conditions, that is an indication of real strength and potential future appreciation.

I leave you with this thought; Berkshire Hathaway has recently purchased $3 billion worth of bank stocks. Are they perhaps taking advantage of what they believe is a buying opportunity?

* * * * * * *
more from Peter Grandich:

http://www.grandich.com/docs/alert_08-16-07.pdf

der USD ist schon immer der Ansager für so ein Blutbad, immer wenn sich Trendwende im USD abzeichnet steigt Gold und Silber vielleicht noch kurz weiter, aber das wars dann kurze Zeit später, hab ich in Erinnerung die letzten Blutbade in Gold/Silber. Es wird immer wieder zurückgeführt zur Korrelation USD danach zum Aktienmarkt falls der zu heftig fällt (wahrscheinlich wirklich weil die Anleger alles rauszuwerfen beginnen, v.a die Werte die schnell fallen---bekommt schnell Dynamik) und wenn das Öl plötzlich abstürzt haben wir den neuen Sündenbock

einer der besten technischen Analysten geht trotzdem von negativer Korrelation Aktienmarkt /HUI-Edelmetalle aus:

https://www.technicalindicator…8%2E15%5F7055475115%2Epdf

Silber 11,85

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einer der besten technischen Analysten geht trotzdem von negativer Korrelation Aktienmarkt /HUI-Edelmetalle aus:###....

Falsch, seine untere Linie 4 auf seiner HUI chart wurde heute erreicht bei HUI 285, ein break ueber 370 HUI wuerde ein min. Target von HUI 500 ergeben sagt er ganz deutlich mit wave 5.

der ruft schon seit letzten Sommer zum massiven Silbereinstieg auf:

Zeit bei 11,2 einzusteigen?

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Here's the bottom line: Call your dealer, go to BullionDirect.com, go to your local coin shop or call my guy, Steve Baldwin, at 800-577-8332, but do it today and BUY SILVER.

That's physical silver that you carry home in your hands.

Do it. Don't ask why. Don't ask how. Don't ask what form. Just do it and do it NOW.

I'm still here, for so many who have asked and been concerned. I'll spare you the excuses and, yes, I have been working on several things, including a little something called "Tipping Point" that sits here, unfinished and dated when I started it: July 31. The general upshot is that I believe we now have passed the tipping point for America, if not the world, and things rapidly will change from here on out. It also stresses that silver has been underperforming gold of late, which is to be seen for what it is: opportunity.

The financial markets are playing out just as I have said for so long, most notably in Defensive Racism, with but a single exception: silver has come in for an unprecedented pounding the past few days, particularly today when it went into freefall to close down $1.13 per ounce. In the overseas markets, it already is back up by 39 cents of that, but it still is dirt cheap.

They've been doing everything they can to both levitate the dollar and keep the stock market from crashing. What you see happening right now is a controlled crash, controlled by all central banks, not just America's. Why? When America falls, the rest of the world goes with us, that's why.

A lot of what is going on is naked short sales of precious metals - allowing them to climb will be a clear signal and the rush will be on. They can keep these balls in the air only a short time longer.

Why is silver getting a special pounding just now? I don't know, honestly. There is only one reason that makes sense, since the whole silver market is much too small to make much of a difference in keeping the dollar afloat: This could well be the big selloff to dump the weak hands before the big boys climb on board for the express trip upward. That's my story and I'm sticking with it...

-ed

http://www.conspiracypenpal.com

Zitat

Original von Eldorado
Falsch, seine untere Linie 4 auf seiner HUI chart wurde heute erreicht bei HUI 285, ein break ueber 370 HUI wuerde ein min. Target von HUI 500 ergeben sagt er ganz deutlich mit wave 5.

ja aber er ist grundsätzlich bullish gestimmt sagt er in Zusammenfassung auch immer wieder, stock markets down, precious metals up, ich mache lieber bottom fishing und verkaufe wenn der Ausbruch nicht gelingt

ja also geht es nach oben mit den Edelmetallen die nächste Zeit, weil er ist vom crash der Aktienmärkte der ja langsam vollzogen wird überzeugt. Er meint auch dass die Fed sicher den Weg der Hyperinflation gehen wird und der Megaboom noch bevorsteht, bevor dann alles in die Hose geht in paar Jahren, weiß nicht mehr genau

A lot of what is going on is naked short sales of precious metals - allowing them to climb will be a clear signal and the rush will be on.
They can keep these balls in the air only a short time longer.

Wo ich mit dem posting bei (7) 700 bin :D.......bei 700 $ POG sind die shorties im Eimer.

GO GOLD GO !!!

http://www.youtube.com/watch?v=-967crKpg-M

Im Wallstreet-Online-Forum behauptet die Heinis, die auch die aktuelle 11,50 vorausgesagt haben, dass Silber bald schon bei 10 stehen soll.

Was hälst du von dieser These Eldo??

hier der Link zu der besagten Stelle:
http://www.wallstreet-online.d…rd=silber&thread_page=704