Beiträge von GOLD_Baron

    @Eldo


    The ECB’s weekly statement of condition revealed that gold holdings fell E288Mm, or 17.98 tonnes at the current book value. Last week’s fall was 5.49 tonnes. This is the largest sale since late May: there were three other similar-sized sales over the previous six weeks before that. Lately orthodox observers have taken to saying that the announced sales may have been contracted at times other than the week under discussion, but it seems clear that the ECB group has increased sales as world gold returned to the price levels of the late spring. There remain 182.5 tonnes unsold and ten weeks before the end of the current WAG2 year. (As noted on Friday, it appears the Swiss are back to a daily tonne or so of sales, which is WAG2 eligible.)

    Potential CDO downgrades climb to $1.4 bln - Fitch


    NEW YORK, July 23 (Reuters) - Fitch Ratings on Monday said it may lower ratings on 26 parts of 12 collateralized debt obligations (CDOs) due to eroding quality of subprime mortgage bonds held in the securities.


    The potential cuts affect $603 million in debt, bringing the total for subprime-related CDOs on watch for downgrade to about $1.4 billion, Fitch said in a statement.


    Investors have been expecting downgrades on CDOs will follow cuts to the underlying mortgage bonds that have been mounting at a rapid pace this month. Mortgage bonds were increasingly favored for yield in CDOs until last year as the slumping U.S. housing market revealed unsound underwriting practices and excessive credit.


    CDOs are created by taking portions of debt securities and packaging them into new bonds that are split into several classes by degree of risk.


    Two CDO classes placed on watch for downgrade -- Northlake CDO I, Ltd.'s class II notes and Pacific Coast CDO, Ltd.'s class A notes -- are rated "A" and "AA," respectively. The rest are lower-investment grade bonds rated "BBB" and below.


    © Reuters 2007. All Rights Reserved.

    Deutsche Bank Report Hits Homebuilders, SEC Formalizes Beazer Probe


    A Deutsche Bank report issued Monday said the housing slump intensified in June as tighter loan standards and rising interest rates forced higher cancellations for homebuilders. Several homebuilder shares and ETFs fell to multi-year lows following the report. Although builders say the entry level and high ends of the housing market are faring well, 'move-up' homes are suffering from an existing homes sales glut. Deutsche says the homebuilders in its universe lost $5.4 billion in Q1 from land writedowns and impairments and more of the same is expected when several homebuilders report earnings this week. Hovnanian shares fell 7.2% to $15.25, bringing them to a 55% drop this year. Centex, reporting Tuesday, carries a 13.75% short interest. The iShares Dow Jones Home Construction ETF and the S&P Homebuilders ETF have fallen 30% and 31%, respectively, since January. In related news, the SEC has formalized its investigation of Beazer Homes for alleged securities law infringements. The FBI is also investigating Beazer for mortgage fraud at its lending arm. In June, Beazer fired CFO Michael Rand for trying to destroy evidence in the SEC probe, and the company is facing class action suits. Beazer's shares closed Monday at $18.76, a 60% drop on the year. Shares fell further to $17.77 in AH trading.


    http://usmarket.seekingalpha.com/article/41987

    Zitat

    Original von ps tester
    Gold steigt 683,40 - kann die Kurve nach oben ausbrechen ?!
    In Dollar betrachtet ist ja alles ganz schön, aber es spiegelt ja wohl bloß die Dollarschwäche wieder ....


    Update 15:05: Es IST nach oben ausgebrochen: aktuell 686 USD


    Gut das wir alle keinen Zugriff auf Realtime & Charts haben... :rolleyes:

    Zitat

    Original von Goldfüchsle
    Heute plus 14%!!!
    Kann mir jemand was genaueres sagen?
    Bin jetzt noch 17% im Minus und weis nicht so recht ob ich jetzt mit kleinem Verlust abstoßen soll. ?(


    Gruß GF


    Bei einer MK von lächerlichen 40.000.000 CAD würde ich auch eine produzierende Mine mit zwei weiteren TOP-Projekten verkaufen. Ja genau... :rolleyes:

    Banks face $200bn high-risk debts


    By Ambrose Evans-Pritchard
    Last Updated: 2:32am BST 23/07/2007


    Investment banks could soon be left holding $200bn in high-risk exposure on jumbo takeover deals agreed before the credit markets turned hostile a month ago.


    A consortium of banks led by Deutsche Bank and Barclays Capital have yet to find buyers for £9bn in debt to cover KKR's takeover of Alliance Boots, Europe's biggest leveraged buyout and now a barometer of risk appetite for future deals.

    Debt fact box


    The financing deadline passed at the weekend, leading to speculation that efforts may be halted until the credit market settles down.


    Investors have demanded much higher interest rates in the new mood of risk-aversion, as well as stricter "covenants" to protect creditors.


    Overall, spreads on high-yield corporate debt have jumped by 130 basis points since it first emerged that two Bear Stearns hedge funds had run into trouble on US sub-prime property debt.


    In effect, the cost of credit for mid-tier companies has jumped from 6.9pc to 8.2pc in a month.


    Manchester United has become the latest high-profile name to be singed by the credit markets, admitting that it was shelving plans to buy back a £135m tranche of high-interest debt owed to hedge funds. As a result, the football club will have to carry heavier debt- service payments than expected.


    Investment banks in the US and Europe are already sitting on a $100bn glut of debt from previous buyouts that they have so far been unable to offload to investors, mostly pension funds, insurance companies and sovereign wealth funds.


    A further $270bn will hit the market later this year.


    This could leave banks with far more risk on their books than they bargained for, and could ultimately force them to pull back sharply on lending.


    http://www.telegraph.co.uk/mon…/2007/07/23/cndebt223.xml

    Das Indian Defece Review berichtete am 13 Juli von einem Fünf-Mächte-Seemanöver in der Bay of Bengal, an dem im September die Hälfte der US-Kriegsschiffe (Vier Trägergruppen) teilnehmen werden. Der Guardian in London meldete am 16. Juli in diesem Zusammenhang, daß Cheney sich mit seiner Militäroption gegen den Iran durchgesetzt habe.

    Zitat

    Original von Einsiedler


    War schon letzte Woche so, da ging der USD-Index am Freitag auch schon mal unter die 80.......


    Interessant wäre zu sehen, was passiert, wenn der Index mehrere Stunden (Tage) darunter bleibt.


    Die Frage wird sich bald schon nicht mehr stellen! ;)

    Bericht: Bear Stearns wird wegen Subprime-Hedge-Fonds verklagt


    So Jul 22, 2007 11:27 MESZ146


    New York (Reuters) - Die US-Bank Bear Stearns soll einem Bericht zufolge wegen zwei in Schieflage geratenen Hedge-Fonds verklagt werden.


    Die Kanzelei Bernstein Litowitz Berger and Grossman werde möglicherweise bereits am Montag vor Gericht ziehen, berichtete CNBC am Freitag. In dem Klagetext werde Bear Stearns unter anderem vorgeworfen, die Risiken der Fonds falsch dargestellt zu haben. Experten hatten angesichts der riesigen Fonds-Summen mit einer Klage gerechnet.


    Bear-Stearns-Vertreter waren zunächst nicht für eine Stellungnahme zu erreichen. Die Kanzlei teilte nur mit, von einigen Investoren um Rat gebeten worden zu sein.


    Die Krise bei zweitklassigen Hypotheken (subprime mortgages) hatte die Fonds auf dem falschen Fuß erwischt. Sie verspekulierten sich bei Investitionen in Kreditderivate. Der Kollaps der Fonds schickte Schockwellen durch die globalen Finanzmärkte.


    http://de.today.reuters.com/ne…-KLAGE.xml&archived=False

    Zitat

    Und Sonne und demnächst günstige Angebote gibt es in Spanien und auf den Canaren genügend.


    Florida ist auch Lebensgefühl & wer diesen lockeren "American-Consum-Way-of-Life" (Oberflächlichkeit statt Europäisches Kulturverständnis) mag, für den ist es um Längen besser als auf Spanien und den dazugehörigen kanarischen Inseln.

    Bitte (!) nicht auch noch diesen Thread für Ron Paul Propaganda benutzen.


    Ein einfacher Link zu den Videos reicht aus.


    Danke für die Kentnissnahme.


    P.S. Ron Paul in jedem Thread als "neuen Gott" zu glorifizieren ist mehr als bedenklich. ;)


    Warum ist es von Bedeutung zu wissen, was ein manipulierter Index "genau" misst? Einige Diskussionen laufen hier zum Teil völlig aus dem Ruder, zumal ich meine, dass hier wirklich nun die Meisten die REALE Faktenlage kennen. ;)