Gold und Silber... Informationen und Vermutungen I

So, jetzt haben wir noch ein paar Tage Freudenfest mit steigenden EM Preise dann kommt wieder Rock'n Roll vom 10.Oktober bis 1. November und das Sentiment dreht sich wieder stark in beide Richtungen sagt Merriman.
IMO wer Profitmitnahmen machen will oder muss der sollte das naechste Woche machen, ansonsten halten und das Gewitter wieder aussitzen falls es eintrifft.

http://www.mmacycles.com/weekl…week-beginning-october-1/

As the famous banker J.P. Morgan once stated in the 1920’s:

“Millionaires don’t use astrology. Billionaires do.”

Schade, man kann ohne Abbo nichts mehr lesen bei Mahendra Seite als Kontrast oder Kontraindikator,.. das einzige was er schreibt auf seiner Webseite ist :

Crash is coming from friday or monday, black friday or monday for...... Thursday, September 27, 2007, Mahendra Sharma

HOT OCTOBER !!!!

Rumors has it that Central Banks will intervene next week in the currency market and try to give the USD a lift....so watch out !

A major question now is will this new gold price level hold, or will it sell off on profit taking. One significant concern here is that the ongoing credit crisis, and problems in the corporate paper markets not rolling over, could lead to another equity sell off. That could leave gold vulnerable to liquidity selling, particularly since funds are now carrying gold profits at these new high prices.

Again, the USD must stay below 78 on the USDX for this gold rally to stay with us.

http://www.gold-eagle.com/editorials_05/laird092807.html

Gute Uebersicht.... thanx, Heron

Hier was zum lachen und abschalten am Wochenende.

http://www.youtube.com/watch?v…R3Ynw&mode=related&search

The Times

September 29, 2007

All that glisters may not be gold
Patrick Hosking, Banking Editor

It has long been the plaything of kings, the spoil of conquerors and supposedly the safest investment that money can buy. But for the people of Britain, our national nest-egg may not quite be what it appears.

Hidden away in vaults under the City of London, Britain’s hoard of gold bullion, regarded as the best insurance against any turmoil in global money markets, is beginning to crumble. The deterioration, some experts claim, may suggest that it is not pure gold.

The Bank of England, guardian of the 320-tonne stash under Threadneedle Street, admitted yesterday that cracks and fissures had appeared in some of its gold.

Questions put to the Bank, made under the Freedom of Information Act, revealed that this deterioration would temporarily reduce the gold’s £4 billion value and make it more difficult to sell.

*

The discovery is a further embarrasment for the beleaguered Bank, coming only days after it was blamed in part for the Northern Rock crisis. But it said that most of the hoard remained in mint condition. It denied suggestions by some experts that the deterioration was evidence that the gold may have been adulterated with base metal.

"This is not about purity, this is about physical appearance," the Bank insisted, saying that its bars were 99.9 per cent pure gold. The problem was due to the age of the bars, many of which were imported from the US in the 1930s and 1940s.

Although the gold carries assay marks, a guarantee from the refiner of its purity, there are no accompanying assay certificates, now regarded as essential by gold traders.

The Bank holds the gold on behalf of the Treasury, mainly in bars, but also in ingots and coins. Most of the hoard is thought to be stored in bars weighing between 10.9kg (24lb) and 13.4kg, and each worth between $258,000 (£123,000) and $317,000.

Revelations about its physical deterioration were secured by the trade journal Metal Bulletin, which has been trying to ascertain the truth since May. Rumours that the Bank’s gold was not in tiptop condition have circulated in the gold market for years, but Stuart Allen, the Bank’s deputy secretary, has now confirmed there is an issue.

To be traded, gold bars have to meet so-called London Good Delivery (LGD) standards, as laid down by the London Bullion Market Association. Mr Allen wrote to the journal: "There is some uncertainty about the status of LGD standards in respect of certain categories of gold bars that have been held in deep storage for many years."

The Bank was in discussions with the association to clarify how much of its gold was in sub-standard condition, Mr Allen added.

A Bank spokesman insisted it was not a big problem. The gold could easily be sent off to a refiner to be melted down and turned into new bars, he said. According to market observers questioned by Metal Bulletin, cracks and fissures suggested that the bars may not be pure gold. The gold in coin form may also be contaminated with base metal.

If 100 per cent pure, the gold would be worth just over £4 billion at the current price of $738 an ounce.

The Government keeps reserves of gold and foreign currency to use to prop up sterling in times of adversity. In theory, in times of war, reserves could be used to finance emergency imports.

Britain’s reserves have already been more than halved in recent years after Gordon Brown’s controversial decision to sell 395 tonnes of gold between 1999 and 2002, when he was Chancellor. The soaring price since then has left critics questioning the decision and its timing.

Peter Ryan, an analyst at the consultant Gold Field Mineral Services, said: "I would guess that it would only be a small proportion that doesn’t conform to standards and it would only be an issue if they needed to sell the gold. Some of this gold was acquired 30 or 40 years ago and standards do vary, but it is not difficult to fix." The gold price has been soaring recently as investors seek a hedge against the falling dollar and inflation worries. Strong demand from India, the biggest gold-consuming country in the world, has also boosted prices. There, gold jewellery, ingots and coins are a favourite wedding and festival gift.

Analysts suggested that the Bank, which declined to say how much tonnage was affected, would not be alone with its deteriorating bars. Many other central banks with reserves going back centuries could face similar problems.

Governments of Australia, Switzerland, the Netherlands, Argentina and Belgium, as well as Britain, have sold gold reserves in recent years. Britain argued that gold represented too large and risky a proportion of its total reserves. But the fashion for selling reserves appears to have faded as the price has risen.
Net government sales were only 328 tonnes worldwide last year, down 51 per cent, according to Gold Fields Mineral Services.

Dispatched: September 27, 2007 Korelin Economics Report

"Why Bother Investing in Gold If the Price Is Manipulated?"

By: A. B. Korelin

Crazy Bill Murphy, the founder of GATA and one of my favorite websites LeMetrople Cafe , emphatically tells everybody who will listen that the price of gold is "rigged by the cabal" and that in the end they will fail. Newsletter writer Jay Taylor completely agrees as does p.r. genius Peter Grandich.

James Turk puts it differently when he says, "the price of gold is clearly managed." I like the word "managed" because it connotes an action that is, at least theoretically, not malicious.

After considerable study and numerous conversations with my guests on The Korelin Economics Report, I personally am convinced that the price of gold is managed.

I believe this is true for one simple reason. It is managed because it has the status of being the best indicator, along with consumer confidence, of economic conditions.

Now, there are a lot of people out there who don’t think that the financial health of our country is all that great. They believe economist John Williams, the originator of the website found on the Internet at http://www.shadowstats.com, when he claims to have concrete evidence that inflation, among other things, is greatly mis-reported and that the number is not around 3% but actually something north of 10%. He feels that same way about the unemployment numbers and the debt figures put out by the federal government.

Now, it is a known fact that the U.S. economy is driven by the spending habits of the individual consumer. Okay, that makes sense. Now, if people stop spending money, the economy slows down and when that happens, unless something turns this situation around, things simply get worse and worse.

Case in point, when gold’s price escalated to the $800/ounce level in the early 1980’s the U.S. economy was really suffering and consumers were nervous, curbing a lot of their spending. I remember those days because our mortgage was around 15% and, you better believe, Kathy and I weren’t spending money the way people have been spending during the past ten years or so buying new cars, boats, jewelry, expensive restaurant dinners, etc.

So why is the American consumer so free with his or her money today? Well, for a couple of reasons. First of all, the typical consumer is not convinced that there is anything at all wrong with the economy. The reported consumer price index is within a tolerable range, the unemployment figures are low and the gross domestic product is growing at a fairly respectable rate. Or so they believe. Also, the price of gold is appreciating, but not at the rate that it would if the emperor was really wearing all of his clothes.

Okay, there is some concern on the periphery about the reported economic statistics, but the level of concern is not particularly high.

Let’s now assume that the price of gold was truly the result of the law of supply and demand. Since the beginning of time, one of the factors affecting this basic economic law has been the perception of economic well-being or lack thereof. The demand for gold increased when people were nervous. When demand increases significantly as it did in the late 1970’s and early 1980’s, the intersection of the supply and demand curves is at a much higher level.

I believe that if we saw a significant increase in the price of gold over the past five years or so, the U.S. economy and many of the other economies of the world would have stopped dead in their tracks.

They would have done that because the consumer spending that fueled this growth would not have been there because people would have stopped throwing their money around. They certainly would not have borrowed large amounts of cash to fuel their spending. They would instead have followed the example of the squirrel and put some away for the hard winter that they knew was coming.

It may sound simplistic, but I believe that had a significant increase occurred in gold’s price consumers would have gotten frightened and saved cash and not borrowed at ridiculously high levels. The savings rate, instead of being negative, would have been strong.

It is obvious to me that it is in the best interest of those attempting to control our economy, in their eyes for our own good, to make sure the price of gold is suppressed so that no one gets nervous.

If you buy that, you would have to ask, "why then does it make any sense to invest in gold or gold-related investments?"

There is one simple reason. I maintain that conditions have gotten to the point where it will soon be impossible to maintain the artificially low levels of today. Too many things are going sideways. The U.S. dollar continues to drop, U.S. debt levels on the part of both the government and the individual continue to escalate and the huge influx of foreign capital coming into our country could stop any day.

We are simply too close to the edge. When we cross over that edge, you will see normal supply and demand take effect and as James Turk said last week, "you could easily see gold spike upwards $100 in a single day followed by a four digit price level.

Take a listen to the internationally syndicated Korelin Economics Report. You can do that by listening to one of the many stations around the world that carry the program or you can listen on the Internet by going to http://www.kereport.com. On my program I discuss this very important issue with the proven experts in the field. Listen and come to your own conclusion.

The Greater Depression - UPDATE

By Doug Casey, Editor, International Speculator

Let me cover the big picture. I do think we're approaching the end of the world as we know it…I think there is such thing as the business cycle. It exists. And we've had the longest expansion - and the strongest expansion - in the world history. But we're at the end of a 25-year boom. It's gone on more than a full generation now. And I'll tell you how it's going to end: It's going to end with a depression, and not just a depression; not just another Great Depression; it's going to be the Greater Depression.

What's a depression, incidentally? It's a period of time when distortions and misallocations of capital are liquidated; that's called a depression. Over the last 25 years, distortions and misallocations of capital have produced an artificial boom. But when these distortions and misallocations of capital are liquidated, we'll get a depression.

Another general definition of a depression is this: a period of time when most people's standard of living goes down significantly. Now, for the long run, there's no question in my mind the standard of living of everybody on earth is going to go up immensely over the next hundred years. Immensely. But that doesn't mean that we're not going to have setbacks, and I think we're looking at one: A severe standard of living drop. So the economic picture is not going to be good…

So what should you be doing about all this? I suggest you really internationalize yourself. I think what you ought to have is your citizenship in one country, your bank account in another country, your investments in a third, and live in a fourth. You've got to internationalize yourself. Most people out there are like medieval serfs, psychologically and physically: they're born some place, they don't go very far from it and that's where they die, and they're going to get exactly what they deserve. Well, you can't be that way. I think you ought to treat the world as your oyster.

What am I doing about this? I've been all over the world. I guess I've lived in 12 countries now. And out of 175, I've been to most of them, numerous times actually. What am I doing, where do I want to go, where am I living?

Well, in New Zealand. I went there a few years ago for the polo, actually, and the reason was that playing polo there was about 10% what it cost me in Palm Beach, and I liked it better. So we bought a lot of real estate. But since then, the currency has doubled and the real estate within that currency has doubled at least. So I'm getting out of New Zealand. Where am I going now? I'm going to Argentina.

And let me give you a tip, okay? Forget about Europe, it's going to become a petting zoo.
It's like Disneyland with real stones instead of paper Mache stones. I mean, Europe is on the slippery slope. I wouldn't touch Europe with a ten-foot pole.
If this war with Islam gets out of control, Europe is going to be an epicenter.
It's going to be a disaster. I'll tell you where you ought to look. Argentina is the place to be. It's the cheapest country in the world. It has low population, incredibly beautiful, the climate is great. One hundred years ago, it was in competition with the US for being the best place in the world and the richest place. But it went downhill radically, radically.

But let me tell you something. It's turning around I think. And what's going to happen is driven by the fact that everything in Argentina costs between 10% to 30% of what it costs in North America. That's correct. It's that cheap. It's free. It's free. It's free for us as North Americans. But the Europeans really think it's free with that strong Euro. So you're getting a massive immigration from rich Europeans that can see the handwriting on the wall and like it down there. And I really like it down there. It's just a great society, great society, great place to hang out, prices are right. I mean this can solve most of your investment problems right there, just by transplanting yourself, if you've got some capital. Furthermore, Argentina is going to be insolated from WWIII to a good extent.

Hope to see you down there!

Most investors are…Clueless… about Gold!
Most investors have barely begun to wake up to the extreme potential of gold and gold stocks in the coming monetary crisis… leaving the door wide open for you to make investment profits of 500%, 1,000% or more!

Ich habe mir ein paar Interviews angehoert, David Morgan sagt falls Gold ueber die 750 $ steht fuer ein paar Tage dann ist er selber ueberrascht und ist nicht mehr vorsichtig.
Wann kommt ein kraeftiger Ruecksetzer, bei 750 der 800 USD ?
Theoretisch muss einer kommen, wenn der erledigt ist sofort nachkaufen da der Weg dann bis 850 $ frei ist.
Silber hat Potential von 14.20 $ falls es drueber geht und haelt ist die selbe Situation. Am 4.Oktober trifft sich die EZB, wer weiss was die wieder auskochen. Die naechste Woche wird sicherlich ein Tauziehen, am Freitag wissen wir mehr.

September 29, 2007

Precious Points: Approaching the Moment of Truth
by Oroborean

http://safehaven.com/article-8516.htm

$714- $715 is a place where significant buying will occur ...."

Dann gehen wir wieder shopping for Gold und wechseln schnell wieder USD !