Beiträge von GOLD_Baron

  • Gold und Silber... Informationen und Vermutungen I

    Gold ist keine sichere Bank mehr


    von Tobias Bayer (Frankfurt)


    Die wachsende Scheu der Anleger hat den Goldpreis auf den tiefsten Stand seit fünf Wochen gedrückt. In der Spitze fielen die Notierungen auf 633,50 $ je Feinunze (entspricht 31,1 Gramm). Seit Beginn der Aktienmarktkorrektur in der vergangenen Woche verlor das Edelmetall rund 7,4 Prozent an Wert.


    http://www.ftd.de/boersen_maer…age/169470.html?zid=90937

  • Weltwirtschaftskrise....so wirds ablaufen...

    @MODs (Horstwalter, oder wer sieht sich für dieses Forum verantwortlich?)


    Wenn Ihr es zulässt, dass hier bestimmte VERFASSUNGSWIDRIGE Meinungen abgegeben werden dürfen, dann lasst Ihr es zu, dass ein Autor einer großen Zeitung mal einen Artikel über das GS-Forum macht, der "rechtsradikale Tiraden" mit Goldbesitzern in Verbindung bringt. Das Goldverbot funktioniert dann auf jeden Fall irgendwann. Handeln ist IMO angesagt!

  • Gold und Silber... Informationen und Vermutungen I


    Gier frisst Hirn? 20 USD in 2 Jahren wären obergeil!


    [Blockierte Grafik: http://www.dollar.karelmercx.nl/Katrina.jpg]

  • Weltwirtschaftskrise....so wirds ablaufen...


    Ist mir klar, dass DU die Inhalte mit Freude in die reinsaugst.


    Sagst du Dir das auch immer wenn du wählen gehst? "Mensch, die können sich aber gut artikulieren - die wähle ich". Und jetzt komm mir nicht mit "wenn man den bloß umpolen könnte". Deine Meinung zu der Sache schein klar zu sein.


    Mich in eine Ecke mit dem zu stellen finde ich grotesk. X(

  • Global Economic Collapse

    Zitat

    Original von Blaubronco
    Meine Entschuldigung an Homm 13 und Gold Baron.


    Werde nächstes Mal um Rat fragen, ob ich meine Meinung äußern darf.
    Vielleicht solltet Ihr mal einen Nervenarzt aufsuchen.
    Gruß Blaubronco


    Du darfst Deine Meinung äußern und hast es getan.


    Ich habe meine Meinung geäußert.


    Leider (für Dich) ist sie anders. Aber ich biete Dir meinen kostenpflichtigen Übersetzungsdienst an. Mit 4,99 Euro (ersatzweise eine Maple Leaf) bist du dabei. ;) :D

  • Global Economic Collapse

    Zitat

    Original von Blaubronco
    Ich finde es nicht gut, wenn das Forum mit so vielen englischen Artikeln vollgemüllt wird.
    Dann sollte man zumindestens übersetzen, so wie es auch Eichelburg macht.
    Noch sind wir in Deutschland und unsere Sprache sollte Deutsch sein.


    Deinen Einwand kann ich in keinster Weise nachvollziehen.


    Wenn du des Englischen nicht oder begrenzt mächtig bist ist das Deine Sache - andere können derartige Texte ohne Probleme lesen und es wäre absolut beängstigend, wenn man hier nur deutschsprachige Meinungen lesen müsste und englischsprachige Artikel, welche oft sehr sehr gut sind, den Forenmitgliedern vorenthalten würde.


    Gerade im Edelmetallsektor sind Meinungen von Jim Sinclair, Doug Casey, etc. (englische Autoren) essenziell für eine objektive Betrachtung - um mal ein paar Beispiele anzuführen.


    Ich mache mir die Mühe die einzelnen Artikel für Euch und mich als Nachschlagewerk zusammzusammeln, habe dafür viele positive - leider auch negative - Stimmen kassiert und jetzt wird verlangt, dass ich jeden Artikel übersetze. NO! DEFINTIV NEIN!


    Zitat

    Noch sind wir in Deutschland und unsere Sprache sollte Deutsch sein.


    Diesen Satz kann man auch ganz schnell politisch falsch verstehen... :O

  • Global Economic Collapse

    Analysts warn New Century may not survive


    Several analysts agreed Monday that New Century Financial Corp., one of the nation's largest subprime mortgage lenders, likely faces liquidation or bankruptcy following revelations that it's under criminal investigation and in violation of debt covenants with several lenders.


    "New Century is more likely to enter the death spiral we had feared, as filing delays, financial difficulties, likely restricted liquidity and regulatory/criminal investigations could conspire to limit its options outside of bankruptcy," Merrill Lynch analysts wrote early Monday.
    As troubles continue to roil the market for subprime mortgages, New Century disclosed late Friday that it's technically in default with several lenders and that federal regulators have begun an investigation...


    http://www.marketwatch.com/new…%2D8B0D%2D0E4210E07C52%7D


    Correction: this could become a crash after all


    As traders brace for fresh turmoil, soothing words may simply be hiding reality.


    With his low opinion poll ratings, George Bush needs a crash on Wall Street like a hole in the head. The days are ticking away towards the end of his presidency and the Pentagon is warning that unless the "surge" in Iraq works the United States could be heading for another Vietnam.


    Little wonder, then, that Washington did its best to rubbish any suggestion that last week's turbulence on the financial markets amounted to anything more than a little temporary difficulty. In this, the Bush administration was ably supported by the great and good of New York - or at least that part of the financial elite that wasn't banged up for alleged insider trading last week by the securities and exchange commission...


    http://www.leap2020.eu/index.p…6429277484b9cb3f9ff31d314


    Asian Stocks Slump on U.S. Economic Concern; Toyota, HSBC Slide


    Asian stocks tumbled to the lowest in two months, extending a global selloff that wiped $1.5 trillion from the value of global shares, on concern U.S. growth will stall.


    Toyota Motor Corp. led Japan's stocks to the biggest decline since June after a government report showed consumer confidence dropped in the U.S., Asia's biggest export market. HSBC Holdings Plc, the third-largest bank, dragged the Hang Seng Index down the most in three months after the Sunday Times said it will write off $11 billion to cover mounting losses in America.


    ``Investors may remain bearish all week as expectations over solid U.S. consumption have dropped,'' said Masaaki Endo, who helps oversee $10 billion at Norinchukin Zenkyoren Asset Management Co. in Tokyo. ``The global plunge made people sensitive to risk.''...


    http://www.leap2020.eu/index.p…6429277484b9cb3f9ff31d314

  • Global Economic Collapse

    GMAC's Subprime Mortgages a Threat to GM


    © 2007 The Associated Press


    NEW YORK — The cratering of the subprime mortgage industry could present more than just a pothole for General Motors Corp.


    The world's largest auto maker disclosed Thursday that it will need more time to file its 2006 annual report with the Securities and Exchange Commission, marking the second year in a row the company has postponed the key filing.


    Many analysts attribute this year's delay to a substantial hit the Detroit-based automaker might take from the exposure its part-owned finance unit _ GMAC Financial Services _ has to the business of making mortgage loans to people with weak credit or heavy debt burdens.


    The entire mortgage industry is feeling the pressure from slowing home sales, intensifying competition and rising past-due loans. Higher delinquencies on subprime mortgages _ in large part due to a sharp deterioration of underwriting standards last year _ have in recent months forced a slew of lenders, big and small, to set aside more capital for potential loan losses.


    In many cases, lenders have also been forced to write down the value of their mortgage securities. Many analysts say GMAC's home-lending unit, Residential Capital LLC, known as ResCap, is not immune to the industry stress. The unit is heavily involved in the subprime mortgage business _ making and investing in such loans itself and providing funds to other mortgage originators.


    Lehman Brothers analyst Brian Johnson estimated that loan-loss provisions and writedowns of mortgage securities at ResCap could cost GM $900 million to $950 million in cash charges in the first half of this year.


    Among the areas of concern to analysts and investors: At the end of the third quarter, ResCap, long viewed as the crown jewel in GMAC's businesses, held $57 billion of subprime mortgages for investment, or 77 percent of its total loans held for investment. Its exposure to "residual interest" in mortgage securities _ the high-yielding slices that suffer some of the first losses if loan defaults are higher than expected _ was $1.4 billion as of Sept. 30. Meanwhile, ResCap is one of the biggest providers of short-term "warehouse" funding to smaller mortgage lenders.


    "While warehouse lending is typically secured, the recent rash of bankruptcies among smaller lenders increases the risk the company will have loss exposure with this product," said analyst Kathleen Shanley at GimmeCredit, which says investors should sell their ResCap bonds.


    Warehouse lenders including Merrill Lynch & Co. have found themselves on the hook when subprime mortgage lenders like Ownit Mortgage Solutions Inc. and Mortgage Lenders Network filed for Chapter 11.


    The deterioration of the sector has caught even sizable lenders off guard. HSBC Holdings PLC, one of the world's largest banks, said in early February it's putting aside an extra $1.76 billion _ 20 percent more than analysts had expected _ to cover bad debts, largely due to higher than expected losses on U.S. subprime mortgages.


    New Century Financial Corp., one of the nation's largest subprime lenders, told investors it will cut its already reported earnings for the first three quarters of last year. The main culprit: inadequate capital set aside for repurchases of soured loans sold earlier to investment banks.


    ResCap said in January it will eliminate 1,000 positions by October to reduce costs as the mortgage lender grapples with the continued deterioration in the subprime mortgage sector. The company now has 14,000 employees worldwide. In a filing with the SEC, ResCap estimated that it would incur about $10 million in severance and related costs associated with the work-force reduction.


    "We continue to believe GM equity is complacent about the potential impact of such subprime exposure," Bear Stearns auto analyst Peter Nesvold wrote in a note. He said the weakness at GMAC due to subprime problems is one of the key risks facing GM.


    The automaker sold 51 percent of GMAC for $14 billion to Cerberus Capital Management. The deal closed in November, but GM and Cerberus have since been trying to determine whether the value ascribed to GMAC at the time is reliable and if either side needs to pay settlements to adjust the purchase price.


    GM continues to own 49 percent of the lending unit and relies on GMAC's health, because the unit backs GM's major incentive programs by offering attractive leasing and financing terms.


    Shares of GM fell 35 cents, or 1.1 percent, to close Thursday at $31.55 on the New York Stock Exchange.

  • Global Economic Collapse

    Jim Sinclair’s Commentary


    CIGA Rusty Bayonet is on the frontline of what he speaks of! Throwing out your gold in light of what is occurring constitutes madness.


    I am in there with a bag knowing I might have to suffer some pain, but not concerned as pain is part of success. No pain, no gain is a well known mantra of the professional trader. It is that hat I wear today as I see golden opportunity.


    CIGA Rusty Bayonet’s Commentary”


    "Apparently they have 11 warehouse banks. These banks issue high interest rate lines used to temporarily house loans for sale. These lines are not meant for permanent portfolio holdings. Because of the massive amount of buy-backs from these lines, they are being used up for buy-backs requiring NEW cash in a trust account for essentially a security deposit, which we learned they are having to go back and ask for waivers on.


    The problem is these 11 warehouse banks have been upping the lines to accommodate massive buy-backs for a year. We are just hearing about it now. They have thrown enough good money after bad money and most are giving lenders margin calls, not waiving margin requirements. At this point knowing that 5 of 11 have issued a margin waiver and 6 are still outstanding, it is first to collect collateral wins. The 11 warehouse banks have to get those scratch and dent loans that are currently sitting on their lines, try to make them right somehow for sale. The important item to note is the first person in to collect collateral on a margin call wins. They get in first position like a mortgage.


    These lines are $1 billion a pop guys - it is not time to mess around. It is time to collect and salvage what you can especially now that it has become clear to everyone with blinders on that the housing market is not bottoming anytime soon.


    I have seen this a hundred times over the past 20 years. The first to shut down the line and collect collateral wins. Without lines these guys can't fund loans unless they do it with cash, which they have little of.


    Game over guys - major player companies will have to file for bankruptcy protection this week. Certainly not much later.


    Also, I know for a fact there was not a single buyer of sub-prime mortgage bonds last week. I have a buddy who trades them and said he could not find a bidder down to 93. This is bad, bad stuff.


    Essentially the sub-prime industry ceased to exist last week."

  • Gold und Silber... Informationen und Vermutungen I

    Zitat

    Original von Homm13


    Gibts die auch ohne Kleidung, so wie bei ELDO immer?? :D


    Mittlerweile ist es schon soweit gekommen, dass meine Freundin immer fragt, was für Seiten ich mir anschaue. Da sage ich immer: "Goldseitenforum, wieso?". Ihren skeptischen Blick behält sie trotzdem bei... :D


    Aber die Bilder versüßen einem manchmal den Tag - also weiter so!