Gold und Silber... Informationen und Vermutungen I

The gold price broke above its resistance level against the dollar, but failed to do so against the Euro, Sterling, Yen and Swiss Franc. It has formed a reverse head and shoulders pattern that is completing the right leg. There is something brewing fundamentally that is about to break and push bullion to new highs against all the leading currencies. Take a good look at all the gold and currency charts and watch for the breakout by bullion against all the currencies. Both platinum and palladium are also about to burst upside and copper will not be far behind. The oil price on my data has bottomed and reversed and I look for a new high at around $90 a barrel going into the New Year....

As only 50 points were achieved the falling wedge on the Rand is likely to lead to a very sharp catapult to weakness. Get out of the Rand...more

http://www.321gold.com/editorials/roffey/roffey121106.html

The Daily Reckoning PRESENTS: In the U.S. economy, "cash" is being turned into "trash" at a steady pace. The smart money is buying with abandon because it knows the paper bits floating around today will be worth less than the paper bits floating around tomorrow.

There is more to come... much more to come. As Jesse Livermore, the greatest speculator of all time, once said: "The speculator's greatest and truest ally is underlying conditions." That about sums it up when it comes to the dollar -- and gold....

Justice Litle wonders: how long can this go on?

NOT SO BENIGN CONSPIRACIES

http://www.gold-eagle.com/editorials_05/litle121206.html

Nintendo oder Goldtango ?

Immer schoen ins Internet schauen und sich nicht ablenken lassen.

Guten Morgen

Hier ein Auszug von Enrico Orlandi seinen Bericht der auf LMC in voller Laenge zu lesen ist.

DOW THEORY ANALYSIS SAC
SPECIAL REPORT

US$: A Real Dilemma!

.....as you can see, there’s been a huge decline in the value of the dollar even with the help of our Asian friends. Just what do you think this chart would look like if they simply were to stop buying? Here’s a hint: it won’t be pretty!

Before I conclude this article, I would like to tell you what I think is in store for the dollar over the coming weeks and months, but first a little history. From early 2002 until late 2004, the dollar was the short sale of the century, bottoming at 80.50. Then we spent almost all of 2005 rallying back up to 92.00. Now it appears all but certain we are going to test the late 2004 lows. How do I know that? Look at the last rally and the decline that followed. The last rally took slightly more than four months to go from 83.50 to 87.50. The decline that followed took just six weeks to give all that back and more. That is a sign of real weakness and that tells me we are headed a lot lower. I believe we’ll do so in one of two ways:

We’ll have a counter trend reaction lasting nine to fourteen days and topping out at 84.34 (using the March 07 US Dollar futures contract as a guide) and then we’ll turn down hard, or we’ll simply head down from here.
Once we turn down, we’ll find significant resistance at 80.50 and then 78.20 but neither will stop the fall. The ultimate target for this leg down is a minimum of 72.80 and a maximum of 67.10. Furthermore, I would expect this leg down to exhaust itself by early summer.

In closing, it is an inescapable conclusion that the U.S. dollar is headed lower. The 72.80 low mentioned above is a best case scenario. It could get worse, a lot worse. How do you think our foreign bankers will feel about holding cash and bonds in a currency that devalues so rapidly? How will foreign holders of our stocks feel? After all, Dow stocks almost pay no dividends so there is no way to compensate. Can you see the potential here for a real crack? I can! All you need is some relatively minor player like Brazil to cash in their chips and the rush will start. It will be like trying to fit an elephant through the eye of a needle. Push all you want but it won’t happen.

Enrico Orlandini

December 12, 2006

New Forecast: Severe Space Storm Headed to Earth

By Robert Roy Britt
Senior Science Writer
posted: 13 December 2006
03:45 pm ET

Editor's Note: This forecast replaces the predictive aspects of this earlier story on the solar flare.

Space weather forecasters revised their predictions for storminess after a major flare erupted on the Sun overnight threatening damage to communication systems and power grids while offering up the wonder of Northern Lights.

"We're looking for very strong, severe geomagnetic storming" to begin probably around mid-day Thursday, Joe Kunches, Lead Forecaster at the NOAA Space Environment Center, told SPACE.com this afternoon.

The storm is expected to generate aurora or Northern Lights, as far south as the northern United States Thursday night. Astronauts aboard the International Space Station are not expected to be put at additional risk, Kunches said.

Radio communications, satellites and power grids could face potential interruptions or damage, however.

Solar flares send radiation to Earth within minutes. Some are also accompanied by coronal mass ejections (CME), clouds of charged particles that arrive in a day or two. This flare unleashed a strong CME that's aimed squarely at Earth.

"It's got all the right stuff," Kunches said.

However, one crucial component to the storm is unknown: its magnetic orientation. If it lines up a certain way with Earth's magnetic field, then the storm essentially pours into our upper atmosphere. If the alignment is otherwise, the storm can pass by the planet with fewer consequences.

Kunches and his team are advising satellite operators and power grid managers to keep an eye on their systems. In the past, CMEs have knocked out satellites and tripped terrestrial power grids. Engineers have learned to limit switching at electricity transfer stations, and satellite operators sometimes reduce operations or make back-up plans in case a craft is damaged.

Another aspect of a CME involves protons that get pushed along by the shock wave. Sometimes these protons break through Earth's protective magnetic field and flood the outer reaches of the atmosphere—where the space station orbits—with radiation. The science of it all is a gray area, Kunches said. But the best guess now is that there will only be a slight increase in proton activity. That's good news for the astronauts.

"When the shock goes by, we don't expect significant radiation issues," he said.

The astronauts were ordered to a protective area of the space station as a precaution last night.

Now that sunspot number 930 has flared so significantly—after several days of being quiet—the forecast calls for a "reasonble chance" of more major flares in coming days, Kunches said.

read report and see photo here:

http://www.space.com/scienceas…y/061213_solar_storm.html