In einen Jahr steigen die Schulden von USA ca. 3.5 trillionen $, z.Zt. sind sie bei 13 trillionen die man teilweise fuer die Manipulationen und Unterstetzung der Grossbanken sowie Krieg hergenommen hat. Irgendwann kommt ein Standard wie der Goldstandard etc. .. sonst kann jede Zentralbank wie Zimbabwe zum Himmel ihr Geld drucken.
Wann man Schluss ist weiss jedoch keiner, solange das PPT (USA) so weiter machen darf haben es die Goldbugs eben schwer mit so einen Gegner der alles darf.
Analysten und Preisprognosen.....meistens sieht die Realitaet anders aus, schaut mal zurueck wie man sich in der beziehung verhaut hat.
Vor kurzen waren die anders, warum sollte sich der Bedarf in einen Monat schagartig aendern ?
Analysten und die Medien zeigen einen zu oft den falschen Weg, ich gebe nichts mehr drauf was die alles prognostizieren.
Ist genauso wenn man sagt, morgen schneit es, kann ja moeglich sein aber glaubt ihr das ?, ja auf 2500 meter in den Bergen ist das eher moeglich.
Wann dieses System zusammenbricht weiss eigentlich keiner, man ist sich nur bewusst das es auf der anderen Seite der Pipeline als Hyperinflation mal rauskommt.
Lasst Euch nicht vom Kurs abbringen und folgt Eueren Instinkt, auf die Flaggen im Wind Analysten hoert man besser nicht.
Die Wahrheit oder Ergebnis liegt meistens in de mitte, so gehe ich max. nur von einen kurzen Graupelschauer aus den es geben koennte und nehme eine Jacke oder Regenschirm mit.
Hier was von LMC bezueglich dem IMF Verkauf:
IMF Board Backs Gold Sale Proposal to Boost Income
Dow Jones Newswires
Monday, April 7, 2008
WASHINGTON -- The International Monetary Fund's executive board Monday signed off on a broad financial reform plan that proposes to sell 403.3 tons of its vast gold holdings over several years for about $11 billion…
http://www.nasdaq.com/aspxcont…sal%20To%20Boost%20Income
-END-
This is the same drill The Gold Cartel has thrown at us for years. The announcement regarding a POTENTIAL IMF gold sale is ALWAYS made when gold is rallying sharply… ALWAYS. And The Gold Cartel ALWAYS sells gold, silver, and the shares ahead of the news. Late yesterday was no exception.
So The Gold Cartel had yet another excuse to maul gold and silver today (knowing what the news would be after the close yesterday), despite steady outside markets and a SLEW of AWFUL US economic news.
What does this IMF gold news mean in the short term? NOTHING.
First, some headline details:
IMF AGREES TO REVAMP ITS INCOME MODEL, BROADEN ITS INVESTMENT AUTHORITY--STATEMENT
IMF CANNOT TAKE DECISION TO START GOLD SALES UNTIL U.S. CONGRESS APPROVAL-IMF OFFICIAL
IMF SAYS TO SEEK SALE OF 403.3 TONNES GOLD, WOULD CREATE ENDOWMENT WITH PROFITS
IMF WOULD EITHER SELL GOLD INTO MARKET OR FIND CENTRAL BANK BUYER-IMF OFFICIAL
IMF PROPOSED GOLD SALES WILL TAKE PLACE 'OVER SEVERAL YEARS'-IMF OFFICIAL
IMF WILL BE 'VERY CAREFUL' TO AVOID GOLD MARKET DISRUPTIONS-IMF OFFICIAL
IMF INVESTMENTS BY ENDOWMENT WILL BE CONSERVATIVE, AVOID CONFLICTS OF INTEREST-IMF OFFICIAL
IMF WOULD INVEST IN GOV'T BONDS, LATER MOVE INTO CORPORATE BONDS, PERHAPS EQUITIES-IMF OFFICIAL
To sum up:
*The proposed IMF sale might not even be voted on by the US Congress until next year.
*If the US Congress does approve the sale, the physical gold may never even hit the market place because…
Another central bank, like China or an Arab consortium, is likely to take it all.
The gold could already be gone via a leasing operation.
It will replace Washington Agreement gold which is no longer available, thus there will be no increase in yearly physical supply.
Speaking of the Middle East and the IMF's latest…
Good Morning Bill (from Qatar)
The news on IMF gold that they don't want you to read
It is not often that the same piece of news is headlined on countless occasions, but once again yesterday, the IMF announced its proposed sale of 403 tonnes of gold (the very same gold that it tried to sell in 1999) and this news is again today's headlines. Bearish news for gold? Well let me write the article and see what you think!
Despite the firm "no" from the Clinton administration in 1999, the IMF today announced that it had made some progress in getting agreement to sell 403 tonnes of gold reserves, which injection of liquidity, if successful, would go some way to help the organization from avoiding the fate of Bear Stearns. The IMF also strongly stressed today that this proposed sale would not add to official central bank gold sales but would basically enable the WAG2 run rate of 500 tonnes per annum to be maintained up to Sept 26th 2009.
This information is important because several studies (Howe, Venoroso, Turk, Chevereux) have all suggested that central bank clandestine swap/loan/lease operations have depleted central bank (2005) official total gold holdings by at least 15,000 tonnes to the extent that this full dehoardind of 1,000 tonnes of official gold sales up till Sept 2006 was in jeopardy. The FED's own gold reserves of 8,1000 tonnes have morphed into a description of "loaned/swapped" gold from a most curious designation of "gold in deep storage", previously appended to this line item in its accounts. Clearly this gold is "vaporous". Whilst indeed the FED was successful in engineering the recent retreat in the gold price, this was only achieved after G8 co operation-no one in their right mind has ever suggested that all central bank gold has been swapped/loaned/leased, just most of it.
But if you are short gold, unfortunately you are not completely off the hook by this news that the gold price may be suppressed by the full WAG2 quota allocation in the next two years. The current IMF gold holdings of 3,217 tonnes came into existence in the seventies by certain quota transfers of gold to the IMF. Did these physical transfers of gold ever take place, or is the IMF gold merely represented by the right to call up such transfers, with the physical vault gold remaining in the custody of the donating central bank (and being double counted for the last 35 years!)? Nobody is saying if these transfers ever occurred, and they certainly cannot happen now if they didn't happen then (because that gold is most certainly gone).
Also, if these transfers did take place, where was the IMF gold physically stored? Again no one is saying. Even if the IMF obeyed its own rules and did not swap/lease/loan this gold, the physical custodians of the gold (people like the British, Americans and the French) may well have been tempted to do just that! So unless you have personally witnessed this IMF hoard of physical vault gold, and satisfied yourself that it is truly unencumbered, do not trust in this notion of IMF gold sales to bring succour to your short position in the gold market.
Regards
Nicholas