Wie geht es auf dem Goldmarkt weiter

and here you go...
http://english.aljazeera.net/N…74F-990F-B6905CD50DAA.htm

bin schon mal neugierig wie sich das auf den Goldpreis auswirkt

Zitat

aber jede krüger rand, phiharmoniker oder was auch immer, die dem markt entzogen wir, jeder barren, auch wenn er nur 10 gramm wiegen möchte, ALLES MUSS IN DEN TRESOR und dann abwarten

Jaaaaaaaaaaaaaaaaaaaaaaaa!

Ich sehe momentan meine bärische Einstellung durch den heutigen Kursverlauf bestätigt. Gold liegt nun etwa bei 630 $ die Unze.

Das sind 100 $ weniger als der 25-Jahres-Höchstkurs.

Seltsam dieser Absturz, gerade nachdem Goldman sich unverhofft als "Goldbulle" outet.

Gestern im TV: ein Banker erwartet fallende Aktienkurse und steigende Anleihenrenditen und empfiehlt den Anlegern daraufhin jetzt lieber Anleihen statt Aktien zu kaufen. Wahrscheinlich sitzt der Mann auf einen Berg unverkaufter Anleihen und sucht nun Deppen. Steigende Anleihenrenditen = Kursverluste bei derzeit gehandelten Anleihen)

Genau so dürfte Goldman noch mal richtig viele Goldcalls absetzen wollen....

Und wenn eine Investmentbank sich so exponiert, dann weis sie was, was andere nicht wissen......

Ich würde daher mein gesamtes Pulver momentan noch nicht verschiessen, wenn ich noch Gold würde kaufen wollen.

Zitat

Original von mesodor39
Ich würde daher mein gesamtes Pulver momentan noch nicht verschiessen, wenn ich noch Gold würde kaufen wollen.

Das empfiehlt sich nicht nur für den Moment nicht, sondern das empiehlt sich NIEMALS! Das wäre genauso deppert, wie wenn eine Firma ihre gesamte Liquidität einbüßt und nur Maschinen kauft, weil sie gerade billig sind.

Zitat

Original von Kaufrausch

Das empfiehlt sich nicht nur für den Moment nicht, sondern das empiehlt sich NIEMALS! Das wäre genauso deppert, wie wenn eine Firma ihre gesamte Liquidität einbüßt und nur Maschinen kauft, weil sie gerade billig sind.

Ach....macht man das nicht?
Deshalb geht ich immer in die Insolvenz

Es grüßt
Der Misanthrop

Yes, $8,000 an Ounce

An Interview with James Turk, Founder of Goldmoney.com

By Sandra Ward
Barron's
Monday, May 29, 2006

Not only did he pinpoint the beginning of the current bull market in
gold in these pages in September 2002, but he has been spot-on in
continuing to assess the direction of the metal and the drivers
behind its move. James Turk, a longtime authority on gold and other
precious metals, is the founder of Goldmoney.com, a company that
enables online cross-border commercial transactions using gold as a
currency. He is also a co-author of "The Coming Collapse of the
Dollar," published in 2004 by Doubleday. As you might surmise from
the title of the book, Turk sees plenty of room for gold to climb
higher. Here's a glimpse into his thinking.

Barron's: You've been right on the price of gold all the way up.

Turk: The theme has been correct. There are problems with the
dollar, and that's being reflected in a higher gold price. So, truth
be told, it's not that gold is going higher -- it's that the dollar
is going lower. An ounce of gold still purchases as much crude oil,
essentially as it did 50 years ago, but that can't be said about
dollars.

Barron's: One of your gold indicators, the "fear index," is based on
M-3 numbers, but the government has stopped reporting M-3.

Turk: Yes, it's really unfortunate. They said the motivation for
doing that was to save the time of reporting it, and they're also
going to save a million dollars in the cost of compiling that data.
I find it quite shocking they would stop reporting M-3, because it
is the most important component of money, revealing the total
quantity of dollars in circulation. My guess is they want to try to
hide the amount of inflation that's in the pipeline. When they
stopped reporting M-3, it was growing at well over 8% per year, and
the annual growth trends were increasing. So I think it was all part
of this policy to control inflationary expectations. But it is a
major misstep because it will end up heightening people's concerns
about the dollar. And that's going to make gold go up.

Barron's: You thought we would have had a dollar crisis by now.

Turk: Yes, but one could argue we have a dollar crisis. If you look
at where the dollar has come in the past few years in terms of loss
of purchasing power, we haven't reached a panic point yet. But I
still fear we are going to see a panic in the dollar at some point
in the future.

Barron's: Let's talk about the pressures on the dollar.

Turk: They are taking on a bit more urgency. One of the things I
picked up on a recent trip outside the States was a much greater
level of concern about the prospects for the dollar than had
previously been the case.

Barron's: Concerns among whom?

Turk: Among sophisticated investors -- wealthy individuals as well
as some money managers. That's been linked to two specific events.
First, Chinese National Offshore Oil Co., or Cnooc, was not
permitted to purchase Unocal. Most people at the time shrugged it
off as just a one-off event. But when the Dubai Ports deal was
blocked, that really changed people's perceptions, because it made
clear holders of dollars outside the United States are not going to
be permitted to exchange those dollars for things of tangible value.
There's an increasing desire to convert dollars into, say,
commodities, which dollars can still buy. The boom in commodities to
a large extent is the result of people exiting dollars. People are
looking for alternatives to the U.S. dollar, and the dollar's role
as the world's reserve currency is being questioned seriously now.
The Russian finance minister raised the issue in the recent G-7
meetings. This questioning is a critical development. Financing the
growing federal budget deficit and trade deficit requires that a
large amount of dollars be created. These dollars are being created
as demand for the dollar is declining.

Turk: The gold standard's greatest attribute was forcing discipline
on the creation of national currencies.

Barron's: How do you measure that?

Turk: You can't really measure it. We talk about M-3, which is the
supply of dollars, but we don't really focus on the demand for
dollars. There is an above-ground stock of gold and an above-ground
stock of dollars, and my fear index measures the relative demand
between the two. The fear index is rising, indicating demand for
dollars is declining. But, anecdotally, the central banks are
diversifying out of the dollar, as are individuals and corporations.
So we know demand for the dollar is falling. The monetary system is
broken.

Barron's: What's broken about it?

Turk: There's no discipline on U.S. dollar creation. The gold
standard's greatest attribute was forcing discipline on the creation
of national currencies; if too much national currency was being
created, gold would flow from one country to another and eliminate
and minimize the impact of the boom- and-bust cycles. The huge trade
imbalances we are seeing now between China and the U.S., and the
U.S. and other countries, never could have existed under the gold
standard. Ultimately, I see capital controls coming to the U.S. as a
way for the government to attempt to deal with these huge trade and
international capital-flow imbalances. Instead of limiting the
amount of dollars in circulation and trying to get us back to some
kind of a disciplined basis, we are probably going to move toward
capital controls as the next step.

Barron's: Any sign of that trend?

Turk: Yes, the fact that the Dubai and Unocal deals were rejected.
Protectionism and capital controls are very closely related.

Barron's: Do you have a new gold-price target?

Turk: It is going much higher, and the $8,000 [per ounce] I
mentioned a couple of years ago is probably as good a target as any.

Barron's: Some reports say $2,000 is reasonable.

Turk: I don't rule that out as a near-term spike. There are two
aspects to what's driving the gold price: First, there is strong
physical demand around the world. When gold crossed the $500-an-
ounce level, people started buying gold in anticipation of monetary
problems. Second, the physical demand for gold is causing a huge
problem for the gold shorts. There has been a large gold carry trade
in place. It is very possible gold could have a massive spike in the
next six to 12 months to as high as $2,000, driven by these factors.

Barron's: Are there any signs of this trouble yet?

Turk: Central banks loaned a lot of gold from their reserves. It was
borrowed by various banks and others for the carry trade. You borrow
gold at very low interest rates and sell it at the spot price. Then
you invest the proceeds in higher-yielding dollars and other
currencies. As long as the gold price doesn't rise, you are going to
make a lot of money on the spread. But in a rising gold-price
environment, you are stuck. You have to buy that gold back or suffer
the consequences of ultimately having to deliver the gold at a much
higher price than what you are earning from your assets. The bullion
banks and others who borrowed it are short. What's happening in gold
is probably even worse in silver, in the sense that the short
position in silver looks even bigger than gold's. Recently, silver
has risen more rapidly than gold.

Barron's: Can this go on indefinitely?

Turk: A lot of people got out of the gold market, expecting a
correction, as often occurs at the beginning of major bull markets.
In December, when gold went over $500 an ounce, I said gold is never
going back below $500, ever. Now we have to think about the
possibility that gold is never going to go back below $600, ever. It
is too cheap and undervalued. I like to draw comparisons to the
1970s when gold went through $50 and never looked back. After Nixon
closed the gold window in August 1971, gold went from $40 to $120 an
ounce in the next two years. Adjusting for inflation, you could
argue $500 today is like $42 in 1971. Multiply $120 by 11 times in
order to get the inflation-adjusted dollar equivalent, and you get a
potential target of more than $1,300 an ounce.

Barron's: What's the relationship between the yield curve and gold?

Turk: The most important thing that affects gold in terms of
interest rates is real interest rates, or rates adjusted for
inflation. I measure this as the fed-funds rate less the CPI
[consumer-price index]. Even though interest rates have risen, real
interest rates remain close to zero, or are negative. John Williams,
an economist, has an interesting Website called Shadowstats.com. He
looks at the CPI and what level it would be at were it not for all
the adjustments in the past 30 years. If the CPI were still
calculated today as it was in the 1970s, the inflation rate would be
about 8%. Depending on how you measure inflation, real interest
rates are no better than zero and probably are negative. That is
very inflationary. What will be negative for gold is when real
interest rates go to 4% or 5%. It took Paul Volcker bringing real
interest rates up to 6%, 7%, 8% in a short period of time before the
market was convinced he was going to save the dollar and it was time
to move out of tangible assets into financial assets.

Barron's: Isn't the government in a bit of a box?

Turk: It is trying to fund the federal budget deficits without
destroying the dollar, and trying to raise interest rates to save
the dollar without destroying the economy. I don't think they can do
it. The dollar will continue to lose purchasing power.

Barron's: Are you recommending any gold stocks?

Turk: Gold stocks are still relatively cheap. In the past several
months, even as the gold price has gone up, the stocks have been
reluctantly following rather than leading, which is contrary to what
normally happens. If I'm correct that the price of gold eventually
goes to four digits, the earnings of gold companies will be
significantly higher. As a consequence, gold stocks are still cheap.

Barron's: What do you say when people wonder if your views are self-
serving because your company, GoldMoney.com, promotes gold as a
currency for transactions?

Turk: My views on the markets are completely separate from my
company. I started the company anticipating that more people would
turn to gold, and I recognized the opportunity from a commercial as
well as an investment point of view.

Barron's: For gold investors, is there much difference between
Bernanke and Greenspan?

Turk: Yes. Bernanke is very different. Greenspan clearly understood
gold, and in his Fed testimony he used to talk about
the "automaticity" of the gold standard. If you go back to
Greenspan's testimonies, you will see him using that word from time
to time. Bernanke doesn't have the deep understanding that Greenspan
had about gold and perhaps about markets in general. Greenspan came
up from the business world, Bernanke came up through academics. That
makes a difference in terms of one's outlook and levels of
experiences.

Barron's: What has Bernanke said or not said that gives you the
sense that he is not fully appreciative of gold?

Turk: It is a combination of what he has written in the past and
what he said prior to his appointment as Fed chairman. He has been
pretty cautious. He has only been chairman for about four months,
but he seems to be focused on the deflation in the 1930s, and this
is quite alarming. What we don't need today is a greater supply of
dollars. What we need is a greater demand for dollars. The way you
improve demand for dollars is to take those steps that will give
people confidence in the dollar and its purchasing power for a long
period of time.

Barron's: Such as?

Turk: Raising interest rates, just as Volcker did, at a pace that is
not measured, but rapid.

Barron's: Wouldn't that come with a lot of pain?

Turk: When you take away the punch bowl, you are left with the
hangover. We have to recognize we've far exceeded our ability to
live at the level at which this country has been living for the past
couple of decades. There is going to be some pain and adjustment.
But if the dollar's purchasing power is destroyed, as a consequence
of not taking strong action the pain is going to be much greater.

Barron's: In what sense?

Turk: When Volcker raised interest rates, we had a severe recession,
but eventually the adjustments led to a period of economic growth,
and we continued to create new wealth from economic activity. When
you create too many dollars in an environment where the demand for
the dollar is declining, it could lead to a situation similar to
Argentina a few years ago or to one that resembles Weimar Germany --
one deflationary and one inflationary. In Argentina, the supply of
pesos declined by one-third from peak to trough, but the purchasing
power of the peso lost 50%. In Germany, demand for the Reichsmark
was falling and the central bank tried to offset that by putting
more Reichsmarks into circulation. Both situations ended badly, and
the net result was severe economic dislocations.

* * *

Gold and Black Gold

Throughout the past 60 years, the price of crude oil in grams of
gold has remained essentially unchanged. The dollar price of crude
has broken out of a 30-year range, suggesting either that oil is
relatively overvalued or that gold is extremely undervalued. In
Turk's view, gold is undervalued and oil is properly valued. As oil
goes higher in dollar terms, he argues, so will gold.

Turk: The problem is the dollar is the world's reserve currency.
What happens when you have a flight from the world's reserve
currency? This is the point of my book, "The Coming Collapse of the
Dollar." The flight from the dollar is going to accelerate. The
dollar has only 5% of the purchasing power it did maybe 50 years
ago.

Barron's: What is the impact of oil on all this?

Turk: Oil is interesting because you have two dynamics. The oil
producers seemingly are less and less willing to take dollars,
because dollars are being depreciated.

Barron's: Where is the evidence of that?

Turk: The Russians are questioning the dollar's role as the reserve
currency. And in Venezuela, when President Hugo Chavez takes a swipe
at the U.S., he is taking a swipe at our ability to create dollars
out of thin air. And as Charles de Gaulle used to say, "deficits
without tears." That's what he finds unacceptable.

Barron's: And the other dynamic?

Turk: The second dynamic is Matt Simmon's argument that we are
running out of easy-to-produce light, sweet crude. If the supply of
easily refinable crude oil is diminishing, all the more reason for
the price of crude oil to rise. So, we have a weakening dollar and a
declining supply of the best-quality crude.

Barron's: And that translates into. ...?

Turk: $100-a-barrel crude oil before too long.

Barron's: And in terms of gold?

Turk: There is a close historical relationship between crude oil and
gold. Normally it takes about 2.2 grams of gold to buy one barrel of
crude oil. Now it takes about 3.4 grams to purchase one barrel of
crude oil. Either oil is relatively overvalued or gold is very
undervalued. My view is gold is undervalued and that oil is properly
valued. So as oil goes higher in dollar terms, gold is going to
continue to go higher, as well.

Barron's: Are exchange-traded funds a positive for gold or a
complicating factor?

Turk: They are positive in the sense that people are looking at gold
and coming up with new products. But I do not recommend people buy
the ETF [streetTracks Gold Shares, or GLD]. If you want to speculate
on the gold price, the ETF is one way to do that. Futures contracts
are another way. But owning the physical metal in your own name is
something entirely different. There are too many parties between you
and the gold in the ETF. And they don't audit the gold to prove it
really exists. This is the only type of fund the SEC has ever
approved for the retail level that isn't required to audit the
assets supposedly backing the fund. It is a great way to speculate
on gold's spot price, just as futures contracts are a great way to
speculate on gold's future price. But neither should be viewed as an
alternative to owning the physical metal.

Barron's: Thanks, James.

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

Erstmal weiter runter......

Ach, heute wagen sich die Bären mal wieder raus..

Bin ja selbst auch einer, leicht war es in den letzten Tagen aber nicht, der Dollar hat ja gedroht auf neue Tiefen zu gehen.

M.E. kommt so langsam der große Crash. Alles läuft zur Zeit synchron, also fällt alles. Bis auf Anleihen (10-jährige haben sich in Euro gerechnet halbiert in den letzten zwei/drei Jahren).

Nach ein bischen Inflationsschrecken kommt mal wieder die Deflation. Daher wohl steigendes Gold:Silberratio.

Aber es ist nur der Auftakt. Gold wir kurzfristig auch fallen (sogar bis unter 550 möglich), aber bei Deflations- und Pleiteangst wieder gut performen - im Gegensatz zu den Rohstoffen.

Die Goldbullen sollten die Chance nutzen und alle Basismetallwerte und Silberwerte rausschmeißen.
AEM, SLW, NG, GRS, MFN, FCX, NGX, AUY sind z.B. solche Werte. Bei GRS und MFN kann es aufgrund der niedrigen Bewertung und der niedrigen Kosten wohl zu positiven Überraschungen kommen (evtl. auch Übernahmen), also dort vorsichtig sein mit Verkäufen.
In einer zweiten Welle würde ich dann in ein/zwei Monaten die gehedgten Werte komplett gegen ungehegte tauschen.

3. Welt Länder sind auch Mist, also Südafrika, Tanzania und Ghana könnte man spekulativ noch halten, alle anderen Länder raus wegen politischem Risiko. Die Währungen sollten kräftig verlieren, so daß in SA z.B. die cash costs sinken dürften.

Öl wird auch zurückgehen.

Am Ende des Jahres sollte es dann spätestens weitergehen.. mit neuen Favoriten.

Reine Goldproduzenten mit viel niedrigeren cash costs als jetzt durch fallenden Rand/Ölpreis werden der Renner. Und dann natürlich Explorer in politisch sicheren Regionen. Nevada läßt grüßen.

Nie vergessen: es ist nur eine Korrektur für die Minen, sozusagen unser '87er Erlebnis. Der Bullenmarkt geht weiter, hat m.E. eine kurzfristige Pause eingelegt. Für die Aktienmärkte sieht das anders aus. Ausnahme: Japan, wenn's da richtig runtergeht kann man wohl auch was kaufen. Viel Geld kann dort nicht mehr in Anleihen fließen, Renditen unter 0 sind ja nicht plausibel.

Gruß
S.

Zitat

Original von Saccard

Die Goldbullen sollten die Chance nutzen und alle Basismetallwerte und Silberwerte rausschmeißen.
AEM, SLW, NG, GRS, MFN, FCX, NGX, AUY sind z.B. solche Werte. Bei GRS und MFN kann es aufgrund der niedrigen Bewertung und der niedrigen Kosten wohl zu positiven Überraschungen kommen (evtl. auch Übernahmen), also dort vorsichtig sein mit Verkäufen.
In einer zweiten Welle würde ich dann in ein/zwei Monaten die gehedgten Werte komplett gegen ungehegte tauschen.
Gruß
S.

Saccard du hast eh nichts mehr zum verkaufen.
Also ich bin doch nicht bescheuert und verkaufe nun was ich vor ein paar Tagen gekauft habe, ich sitze das aus und kann nur eines sagen zu deiner Panikmache geehrter Saccard :

GOLD

Thus far the rise in Gold has been an almost perfect Elliott Wave I, which included an extended fifth wave. What that means to is "Extended 5th Waves are always doubly retraced" In plain English that means the highs will always be retested, either as part of a longer sides ways correction or as Wave I (3) of the next advance to new highs. The Maximum downside target of this normal Wave (2) correction, which will mark the end of Wave (2) and the Launch of Wave (3) is $578 to $610.

Your finally are in the CORRECTION that you have all be hoping for, so what are you waiting for:

Continue to ACCUMULATE on weakness. We are exactly on the track that I have been writing about for the last three years.

Let me remind you of one very important fact that I have continued to emphasize and that is that the Gold Stocks always lead Bullion, both on the way up as well as on the way down. This time is no exception. The Stocks topped out before Bullion did and they will bottom out before bullion does as well.

http://www.gold-eagle.com/editorials_05/baltin053006.html

Here's what you need to do:

Plan your response to the Market in a Military Fashion. Plan for the next 2-3 years out.

The average Gold or Silver stock is now roughly 30% below its peak of early May '06. You're Hurting - we're all hurting.

[U]But the ironic thing is its now time to BUY not SELL. [U]

I calculate 280 on the HUI to be the rock

The bottom of this Correction!

That's only 10% lower than Wednesdays close. STEP UP AND BEGIN BUYING! But be smart, average into the market over the next 3 to 4 months.[

Once the current correction in Gold Stocks is over (Oct / Nov '06) I believe Gold will detach from the Stock Market and begin to behave in a way fitting for the King of metals. Gold will see its BIG moves when FEAR really sets in!

http://www.gold-eagle.com/editorials_05/silberman053106.html

Heute nachdem der PoG nun unter 630 gelandet ist bin ich gespannt wie die PM Aktien reagieren.
Ich war gestern ueberrascht das trotz den neuen Sturz die Aktien gehalten haben.

Heute erneuter Test wie preiswert der Markt die PM Aktien nun beurteilt.

Good luck and hold on !

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

Hier noch etwas fuer Saccard :

World Markets About To Crash Together?

There are two major forces that are propelling gold upward:

One is fear of financial market collapses that are appearing like burned popcorn everywhere. The other is an imminent energy war in the Middle East. Iran is the pretext. It does not help that their leader is a maniacal Iranian mystic/politician that believes he is ushering in the end of 'history' - his own words.

Christopher Laird:
http://www.gold-eagle.com/editorials_05/laird053106.html

Zitat

Original von Misanthrop

Ach....macht man das nicht?
Deshalb geht ich immer in die Insolvenz

Es grüßt
Der Misanthrop

Klar und dann müssen die armen Richter und Iso-Verwalter die Masse und die Maschinen suchen

Ist bei Dir jedes Jahr 1x Floh-Tex Time

Viel Spaß bei der Arbeit !
Gruß Hase

Mahendra a week ago:

CURRENCIES

Last week the dollar index gave a sign which one can take as a sure bet. The dollar index will enter into a medium term bull market and I feel that it is a lifetime opportunity to sell all currencies at this stage. Look at the South African Rand: it went down almost 10 percent in the last two weeks. The same will happen with the Canadian and Australian dollars as well as other currencies.

The dollar will rise sharply and surpass its recent fall.

This week is still a great opportunity to accumulate the dollar and sell other currencies. Don’t be scared even if US Dollar falls sharply one of the days during this week. It is entering into a historic quick rising in a short period.

....und es juckt nichtmal eine Avocet bis jetzt:
Die PM Aktien sind mehr oder weniger schon ausgeblutet IMO.

Wie auch immer ich kann keinen PoG unter 600 USD sehen und hoffe die 320 beim HUI halten.

Im schlimmsten Fall eben 280 ,dann muss es aber wirklich brutal zugehen um die Aktien so zu pruegeln.

Huh, jetzt gehts abwärtz.

Kauf ich, kauf ich nicht, kauf ich, kauf ich nicht ... Immer dieselbe Leier.

Zitat

Original von Kaufrausch
Huh, jetzt gehts abwärtz.

Kauf ich, kauf ich nicht, kauf ich, kauf ich nicht ... Immer dieselbe Leier.

schlimm, nicht?.

Ich sags mal so: wenn man genug hat, dann soll man aufhören zu kaufen.

Jeder muss wissen, wie er sich positionieren möchte.

Hat man seinen Bestand aufgebaut: blos nie nachkaufen, nur weil es immer billiger wird und man seinen Einstiegskurs verbessern will oder nun doch mehr haben möchte, als ursprünglich geplant.

Meine Fiat-Liquidität die hatte ich bereits bei Kursen deutlich unter 500 $ massiv abgebaut, natürlich in der Erwartung tendenziell steigender Kurse.

Nun, wo der steile Ausbruch des Goldes aus dem langfristigen Aufwärtskanal korrigiert wird würde ich - wenn ich denn zukaufen wollte - das sehr vorsichtig tun.

Weil Gold ja grundsätzlich immer in Fiat-Kohle transformierbar ist, kann man mit physischem Gold höchstens viel Geld, nie aber sein gesamtes Vermögen verlieren. Es sei denn, daß Kredite drann kleben.

Dennoch - so sehe ich das mittlerweile - muss man sich selber nicht durch den Griff ins Messer in das eigene Fleisch schneiden. Zumal sich momentan ein Konsolidierungstrend abzeichnet, der noch intakt ist. Erst mal schaun,. wo sich ein Boden bildet.....

Nein meso, schlimm ist das nicht und Du hast in dem Fall Recht. Deshalb zögere ich ja auch mit kaufen. Andererseits wär es eben blöd gelaufen, wenn ich nicht nachkaufe und es geht wieder aufwärts. Aber da nun erstmal wieder die Vola da ist, warte ich noch. Im Moment geht es mir auch immer noch mehr um umschichten von ETFs in Atome. Meine ETFs und einen Teil Atome habe ich ja auch alle deutlich unter 500 $ erworben, also da bin ich ganz beruhigt.

Außerdem ist es mir lieber, das Zeug steigt nicht so schnell. Denn damit sinkt die Krisengefahr, die niemand nützt. Besser der schnelle Anstieg vor ein paar Wochen war eine Spekublase, als es war fundamental begründet.

"I calculate 280 on the HUI to be the rock

The bottom of this Correction!

That's only 10% lower than Wednesdays close. STEP UP AND BEGIN BUYING! But be smart, average into the market over the next 3 to 4 months.[

Once the current correction in Gold Stocks is over (Oct / Nov '06) I believe Gold will detach from the Stock Market and begin to behave in a way fitting for the King of metals. Gold will see its BIG moves when FEAR really sets in!"

So könnte man's sagen..

Eldorado,
was der gute Christopher Laird da wieder schreibt ist absoluter Unsinn. Gute Idee, schlechte Umsetzung. Alles synchron, aber Gold die große Ausnahme? Carry trades werden geschlossen, Nikkei crasht? Wohin geht dann das Geld? Zurück nach Japan, aber weder in Aktien noch in Anleihen?
Wenn irgendwo ein Bärenmarkt ist, dann ist auch woanders ein Bullenmarkt. Bär Japan -> Bulle Asien, Bär Asien -> Bulle USA, so war es doch von 1990 bis 2000.
Die Frage ist nur was diesmal kommt, auf jeden Fall ist alles was gestiegen ist bereits deswegen suspekt. Also bleiben nur Cash und US-Anleihen. Ja, auch Gold, aber erst wieder mittelfristig. Das Kind (Gold) wird mit dem Bade (Rohstoffe) ausgeschüttet.

Und solange sich beim Dollar nichts tut ist alles sowieso nur vorgeplänkel. Immer noch nicht unter 1.27! Es kann auch wieder sehr schnell Richtung 1.29 gehen.

Gruß
S.

Shi.. Comex trading has stopped by Copper, it feel drasticly.

Jetzt haun sie voll rein, fasten your seatbelts!.

Saccard, I think you smile now.

Cheers,the beat goes on tonight.

XEX

Zitat

My guess is the USGovt has taken, relieved, absolved, and assumed their gold short positions and risk, all for the greater good. Now the individual banks can open new, clean, fresh pristine accounts free to profit from the gold bull market.

quelle: http://www.kitco.com/ind/Willi…rfriendly/may312006p.html

UAHHH! Dann hätten sie wieder aufmagaziniert und es würde Goldmans "bullische" Meldung erklären X(.

Zitat

Original von Kaufrausch
Huh, jetzt gehts abwärtz.
Kauf ich, kauf ich nicht, kauf ich, kauf ich nicht ... Immer dieselbe Leier.

Hab ich bei 725 gekauft? Klaro
Hab ich bei 700 gekauft? Subito
Hab ich bei 675 gekauft? Si Senor
Hab ich bei 650 gekauft? Aber wie blöd hab ich gekauft
Kauf ich bei 625? Der Porsche steht schon bei autoscout drin

Ab 600 verkauf ich sogar meine Memoiren

Es grüßt
Der Misanthrop
Ihr fragt euch sicher was ich unter 600 verkaufe....das sag ich euch wenn`s soweit ist

Zitat

Original von Misanthrop
Ihr fragt euch sicher was ich unter 600 verkaufe....das sag ich euch wenn`s soweit ist

Porsche geht ja dann nicht mehr. Es sei denn, Du hast zwei. Vielleicht noch ein Kugelporsche. Oder Haus, Garten, Frau, die Oma, ...