Beiträge von Eldorado

    Cartel Steps on its Own Landmine


    Bill,


    http://www.guardian.co.uk/feedarticle?id=7256245


    http://www.iol.co.za/index.php…n20080125114851961C209455


    I have recently read a book titled "The True Story of the Bilderberg Group" by Daniel Estulin. He reveals how the industrialized world is dominated by a handful of very rich and powerful people led by the Rockefeller family through the Bilderberg group and closely allied CFR and Trilateral Commission. The Bilderberg group meets once a year but rarely gets press coverage because its members include the media barons who own and control the Press. The group is motivated to continue to grow and protect their collective wealth. They control the banking world, they buy political influence, they shape and influence foreign and economic policy entirely for their own selfish purposes. One of their major aims has been to have access to raw materials at cheap prices. They have conspired to suppress the price of commodities to achieve this goal which has at the same time maintained the third world countries in poverty which also served their purpose of preventing any country from becoming rich enough to challenge their de facto economic colonization. Two of the instruments of global economic colonization have been the World Bank and the United Nations who have saddled many third world countries with debts that they can not repay, while prominent spokesmen eulogized about their vision to eradicate poverty!!


    This week a very serious problem came to light for these elitists, and in particular the Gold cartel who are part of the shadowy world domination cabal. Having kept South Africa in a state of poverty has resulted in a total lack of investment in their electricity generating infrastructure. This has now reached crisis proportions and last week the electricity utility ESKOM had to shed 4000 MW of power demand which resulted in entirely shutting down the mining industry. The unusually wet weather in parts of South Africa making coal stocks unusable is being used as the scapegoat but it was just the straw that broke the camel’s back.


    The deputy President made a speech where


    QUOTE


    She admitted that the government had underestimated the country's economic growth, which had seen electricity demand far outstripping supply in recent years. (It was ironic that) "we have a growing economy that everyone envies, but have to suffer this pain. We have a positive on one hand and a negative on the other. "Maybe we were pessimists who did not believe in our economic growth," she said.


    END


    That clearly is not just a temporary problem of rain soaking some stocks of coal dust!


    Despite the lack of investment in power generation South African heavy industry has continued to expand and even such power hungry installations as Aluminum smelters have been constructed.


    ESKOM has projected that the crisis will continue for 2-4 weeks but that is very wishful thinking. This problem is NOT going to go away in that time frame. ESKOM plans to spend 43 B$ in power generating expansion over the next 5 years but this will not bring any relief in the short term. Furthermore the high price of coal on world markets has encouraged coal miners to export their coal rather than to sell it to ESKOM.


    This is a MAJOR CATASTROPHE for the gold Cartel. They have stepped on their own land mine. Gold output from South Africa is going to be dramatically reduced. Deep mining can not have ANY power interruption. A power outage of a few hours while men are working below ground would be fatal. If any outage is threatened a shift must be cancelled. This comes at a time when the Western Central Banks have seriously depleted their gold hoards from years of surreptitiously dumping gold on the market and Eastern central Banks are starting to accumulate gold to diversify out of paper money, and investment demand is climbing rapidly as credit and equity markets are rocked by uncertainty.


    What wonderful timing for GATA to be making a FOIA request to the US Treasury about the state of the US gold reserves, running a one page ad in the Wall Street Journal and staging a major conference in Washington!


    Meanwhile the Open Interest on the COMEX at 550,000 contracts is at historical record levels. How many contracts will stand for delivery? This has to be resolved in the coming weeks and I expect it will be resolved in favor of the bulls as the shorts start to panic.


    The Cartel is definitely looking into the abyss. Investors must expect high volatility as the cornered rats become desperate to shake out weak longs but this will not be a time to trade. The cartel has stepped on its own land mine and is severely wounded. Gold price drops will not be reflecting weakness in the gold market fundamentals but weakness in the Cartel’s increasingly untenable position.


    I expect the outcome will be a quantum leap in the price of the precious metals which will trigger a feeding frenzy in the mining equities that are presently so seriously undervalued.


    Cheers
    Adrian

    Ich vermute die Zinssenkung bei der EZB kommt bald, spaetestens wenn 1.485 $/Euro da sind.
    Die ZB's haben die Order vom Fed schon laengst erhalten, mann muss mit einen Rueckschlag rechnen bei den PM's bis 8.Februar. Dann nochmal eine Rally bis 7.Maerz dann flat/sideways in den Sommer vermute ich mal. Ich kann mir nicht vorstellen das der POG vor September ueber die 1000 $ geht und fuer Tage haltet.
    Der CHF hatte sein high zum CAD und Euro, er korregiert wieder,so viel Fiatgeld auf der Flucht kann er nicht unterbringen, schliesslich wollen die auch noch etwas exportieren.
    Ich glaube das ich meine CHF gut getauscht habe bei 1.06 fuer CAD und 1.57 zum Euro.


    XEX

    Mom shot in heart - for cellphone


    2008-1-29 07:26


    Pretoria - The principal of a crèche was killed by a single bullet in the heart after three armed robbers overpowered her and her family in their home.
    The robbers fled on Saturday from the house in Aquila Street, Waterkloof Ridge, with only a cellphone.


    Rinda Abraham's husband, Eric, 60, and two of their sons, Reggie, 35, and Christo, 34, tried in vain to keep their mother alive while waiting for an ambulance.
    The death of Rinda Abraham, 55, principal of the Kleutermaatjies Crèche in Centurion, follows that of Fred Picton-Turbervill, 46, of Aries Stret, Waterkloof Ridge, who was shot in the head in front of his wife and children earlier this month. He died a few hours after the attack.


    A weeping Eric Abraham said on Monday: "I'm never going to get my poppet back."
    Dog grazed by bullet
    Christo and a friend, Theunis Claassen, 34, were sitting chatting in the TV room when the robbers struck.
    Christo said: "Someone stuck his head through the sliding door and said we must remain quiet and calm.
    "Another two followed him. Two of them were armed."
    Christo's dog went for one of the robbers, and another fired a shot that grazed the dog on its upper muzzle.
    Another shot was fired and hit the TV and DVD player.
    Christo said: "One of the robbers stood in front of Theuns and me, pointing his firearm at us, while another one stood at the DVD player trying to remove it."
    Meanwhile, Christo's parents had been woken by the shots. His mother ran down the passage, calling his name.
    Reggie, 35, in bed by this time, also came out of his bedroom.
    He said: "I went back into my room to get my firearm.
    "Suddenly, there was a robber in the passage, who had been hiding behind my mother. He grabbed her by the neck and shot her in the heart," said Reggie.
    Christo also saw his mother being shot. "Her last words before collapsing were, 'Christo, I've been shot'," he said.
    The robbers then fled with Christo's cellphone.
    Killed for cellphone
    Eric Abraham said: "I know life has to go on, but for me it has come to a standstill. The dear Lord alone knows why they had to kill her for a cellphone."
    The Abrahams's youngest son, Eric jnr, 30, said his mother's death was the saddest thing ever to have happened to him.
    "I miss my mom," he said, sobbing.
    Police spokesperson Prince Mokhabela said they were investigating;( the killing.


    Beeld


    PS. Man verlaesst sich eher auf sein Glueck als auf diese Polizei die korrupt, schwarz, und uninteressiert ihre Arbeit macht.
    Die Todesstrafe fehlt, die schreckte zumindest ab in der Vergangenheit.
    Anstatt Fussballstadien zu bauen sollten die mehr Gefaengnisse bauen, aber lieber lassen die sie ueberfuellt und laesst die Schwerverbrecher nach zwei Jahren wieder raus beim naechsten Mandela Geburtstag damit sie weniger kosten an Verpflegung und Unterkunft.
    Diese Bastards lachen noch im Knast und planen den naechsten Mord und Ueberfall, ich habe das kurz selber gehoert und gesehen.

    @bobelle


    Wenn das keine Einstiegsmoeglichkeit oder Nachkaufzeit ist dann weiss ich nicht.
    Ich vermute das einige Hedgefunds eiskalt und sinnlos verkauft haben da ich keinen Wurm finde der es gerechtfertigt.
    Ich greife mal ins fallenden Messer vielleicht komme ich auf nur mehr -25% nach dem Kissen.


    SEG.TO MMM.TO GPR.TO GMX.TO KRE.V TOE.V sind ebenso verpruegelt, dort finde ich auch keinen Haken,trotzdem... :(


    Gruss


    Eldo

    Eigentlich gehoert der HUI schon auf 490...der hinkt schwer hinterher :O


    Ski Jeff Kern auf 321 hat dazu eine Meinung das sich der HUI nicht so schnell abkoppelt vom trend beim Dow.


    Mal schaun, zu frueh um zu resignieren, der ganze PM Aktienmarkt ist soviel wert wie Excon ud GE zusammen.
    Wenn da mal Geld reinkommt dann heben die Juniors schon ab.



    IMO nur mehr eine Frage der Zeit.


    XEX

    Seit dem Bush am Ruder ist seit 2001 stiegen die Schulden der USA 45% an von 5.7 trillionen USD auf 8.47 trillion. Die geben im Jahr mehr Geld aus fuer Waffen als die ganze Welt zusammen, pro Jahr satte 623 billionen USD. 2008 kostet mehr als der zweite Weltkrieg, irre !
    Irgendwann koennen sie das nicht mehr zahlen es sei denn jemand anders bezahlt das. Die Bush Regierung ist wie das Management von Enron schreibt einer, die Blase muss bald platzen.