Beiträge von Eldorado

    ..das sehe ich auch so.... ;)


    Mit Gold/Silber gibt es immer wieder mindgames.. wer schwache Haende hat ist raus.


    Wenn man einkalkuliert das es bis 5% fallen kann aber in wenigen Wochen wieder oben ist auf dem Weg nach 777 - 1000 USD spielt das ganze keine Rolle wo Gold gerade steht wenn man langfristig denkt.

    @extrel...bla-bla... :D


    Ich weiss nicht ob ihr die neue Alf Field seine Wellenchart gesehen habt.
    Und was soll schon gross kommen, runter auf 715 wenn es knallhart kommt.
    Touch Wood ! sagte noch vorher HUI bis 380 moeglich, ich hoffe die Linie haltet.
    Ist doch klar das die Bankerbande nun den USD auf die Beine helfen wenn der Dow nun gut laeuft. :D
    Aber irgendeinen muessen sie auf kurz oder lang sausen lassen.
    Ich lache mir einen Ast 30 kg Silber mit 15.000 CHF zu kaufen oder in Euro, wird der Euro schwach steigt auch Silber. :D..wenn es nicht faellt.
    Genauso ist es bei Gold, wer hier von einer 6 davor redet der traeumt wie gesagt von der Weisswurst.
    Die 500 Euro POG sieht ihr nicht wieder, Gold/Silber faengt bald an in allen Waehrungen zu steigen, und das zaehlt.
    Alf Field glaubt das der POG sogar auf 1000 USD in 10 Monaten steigen koennte wenn wieder Angst aufkommt, und die kommt !


    Gnight


    XEX

    Value


    Ich habe gestern ebenfalls die 16.August Einkaeufe wieder abgebaut und kaufe mit dem Profit z.Zt. physisch nach.
    SBB GGC SVM FVI MSV waren einige der Verkaeufe, den Skorpion lasse ich aber in Ruhe. :D
    Du meinst sicher 13.20 USD POS :D..bei 14.20 waeren meine SLV's schon weg.

    Ich wuerde sagen ihr koennt jetzt schon mit dem Einkauf anfangen das es IMO nicht mehr weiter runter geht.
    Ich bin zumindest dabei mir ein paar Kirschen auf den Kuchen zu legen bei den Spotpreisen.
    Ich wuerde sehr ueberrascht sein wenn Silber nun unter 13.10 USD faellt Gold unter 722 USD und HUI unter die 380.
    Und wenn es so kommen sollte dann lege ich eben nochmals nach. :D
    Im Grunde genommen ist es eh Wurst wenn sich der POG und POS in Euro verdoppeln wird innerhalb von 4 Jahren.


    Mal schaun wer recht hat ;)


    Gruss


    Eldo

    Ich bin fast fertig mit dem umschaufeln von SLV auf ZBK SIL. ;)
    Jetzt kaufen und dann die SLV's verkaufen, raus aus dem Geruecht.
    Walter Seigel betonte wieder kauft keine GLD und SLV's in seinen letzten Interview, Bob Chapmen trommelt umher und macht die Panik das Barclay's SLV ein Schwindel ist, anscheinend nimmt er ihn fuer voll.
    Die ZBK's werden nun fuer 15,100 SFR fuer einen 30 kg Barren gehandelt, heute gehts weiter mit dem Einkauf bei dem schwachen USD und POS.

    Is a market crash looming?


    2007-10-1 14:45


    London


    This October marks the 20th anniversary of the 1987 stock market crash, the biggest one day post-war percentage drop for US markets.


    \In a few short hours on Monday, October 19, 1987, the Dow industrials (DJI) gave up 508 points, or 22%, bringing an abrupt end to what had been a lively Wall Street party.


    The crash came against a backdrop of inflation fears, rising oil prices, Middle East tensions and a host of other eerily familiar worry signs in Wall Street's most notorious month, and helped cement October's reputation as the toughest month for the markets, at least psychologically.


    So, could it happen again?


    Could the world's stock markets wake up one morning this month and suddenly find there is no 'bid' for shares and start plummeting?


    Could someone mess up in the Middle East, where tensions are already high, and do something so completely unexpected that people suddenly just want out?


    Uncertainty and fear in the markets


    Or could an overheated market in Asia - Shanghai perhaps - suddenly roll over, sparking a cascading series of falls as complex, computer-driven derivative positions suddenly lose their footing leading to one great global belly flop?


    Yes.


    Uncertainty and fear are ever present agents in the markets and can overwhelm greed and optimism at any time. Unexpected geo-political and financial events are an ever present possibility.


    And, as the absolute seizing up of the world's credit markets earlier this summer showed, financial regulators and central bankers have no more control of events and markets today than they did in 1987, though their reactions may have improved.


    But a couple of points are worth keeping in mind.


    Large scale events like the crash of 1987 generate enormous headlines and angst because of their sudden and dramatic nature. And of course they can be brutal for workers in the financial industries.


    But $10 000 invested in the Dow on Friday, October 16, the last trading day before the crash, and held until the present would still have more than quintupled.


    And if one is genuinely worried by the similarities between today's backdrop and that of October 1987 then there's always cash as an alternative.


    On the other hand, if investors are feeling a bit more intrepid this month, perhaps because the Fed has managed to give equities a big push with its September rate cut, then our team of experts and commentators has a slew of ideas to consider.



    Dow Jones

    Selebi: I am innocent ;(


    2007-10-1 13:01



    Johannesburg


    South Africa's police chief said he would be prepared to defend himself in court against any allegations he had links to organised crime.


    Public broadcaster SABC reported on Thursday that prosecutors had secured an arrest warrant for National Police Commissioner Jackie Selebi, who is also president of the international police organisation Interpol.


    South Africa's Sunday Times reported there was a warrant for Selebi on charges including racketeering, corruption, and being an accessory after the fact to the 2005 murder of businessman.


    The government has not confirmed the warrant and President Thabo Mbeki has not commented publicly on the case.


    In an interview broadcast on Monday on South Africa's Talk Radio 702, Selebi said he was not aware of a warrant but would co-operate with any investigation as long as it was not part of a political campaign to discredit him.


    Asked if he would like to have his day in court, Selebi said: "If there are allegations that can be proven, I would like to, but I do not want to go to court on allegations that do not exist."


    "I am certain that I, Jackie Selebi, have never been involved in that kind of wrongdoing." :D


    Some of the alleged charges relate to Selebi's friendship with businessman Glenn Agliotti, who is accused of participating in mining magnate Brett Kebble's murder, the Times said. Agliotti has denied any wrongdoing.


    Selebi denies any financial links or any knowledge of Agliotti's alleged underworld connections.


    The former anti-apartheid hero said he felt as if the media had tried and sentenced him. "I think that what is left for me is to wear my (prison) uniform," he said.


    Mbeki and his cabinet have backed the police chief in the past despite calls for his sacking and resignation after questions arose about his association with Agliotti.


    Selebi has also been criticised for failing to reduce one of the world's highest crime rates.


    There were 19 000 murders in the year to March 31 2007, and an average of 144 women reported raped every day in South Africa.


    Reports of the arrest warrant came during a week of drama that began with the September 24 suspension of Vusi Pikoli, South Africa's top prosecutor.


    A government spokesperson said Mbeki suspended Pikoli because of his poor relationship with the justice minister.


    It has been widely reported in the local media that the move was connected to Pikoli's investigation of Selebi.


    The confusion comes less than three months before the ANC holds a key leadership conference.


    Mbeki, who took over the ANC from Nelson Mandela in 1997, is constitutionally prohibited from seeking a third term as the country's president in 2009. But nothing prevents him from running again for the ANC leadership, and Mbeki has suggested he will do so.


    A likely challenger would be Jacob Zuma, who was the country's deputy president until he was fired by Mbeki two years ago amid a corruption scandal.


    Reuters

    Dollar Crunch Puts Gold Centre Stage


    By Ambrose Evans-Pritchard
    The Telegraph, London
    Monday, October 1, 2007


    http://www.telegraph.co.uk/mon…/2007/10/01/ccview101.xml


    The dominoes are toppling. What began as a credit crunch has turned into a dollar crunch. We are witnessing a run on the world's paramount reserve currency, an event that occurs twice a century or so, and never with a benign outcome.


    The US dollar has fallen through parity against the Canadian dollar and plummeted to all-time lows against a basket of currencies. This is dangerous. None of the mature economic blocs seems able to take the strain, let alone step in to restore order.


    Ultimately, Europe and Japan are in worse shape than the US. A mood of "sauve qui peut" is taking hold.


    Is this what gold is sniffing as it breaks out against all currencies, smashing through 500 euros an ounce against the euro, and vaulting to a 28-year high of $743 against the dollar?


    "Central banks have been forced to choose between global recession or sacrificing control of gold, and have chosen the perceived lesser of two evils," said Citigroup in a fresh report. "We believe that the policy resolution to the credit crunch will take the form of a massive, extended 'Reflationary Rescue,' in a new cycle of global credit creation and competititive currency devaluations. This could take gold to $1,000 an ounce or higher."


    The report's authors, John Hill and Graham Wark, say the avalanche of central bank bullion sales earlier this year was "clearly timed to cap the gold price."


    They do not explain this explosive allegation, long promoted by the gold group GATA. But it would not surprise me if the European Central Bank's motive for selling 37 tonnes in April and May was to hold the euro price of gold below E500.


    Citigroup said the game was up once the Federal Reserve slashed rates a half point and opened the liquidity floodgates.


    Talk of "competitive devaluations" is a new twist. Gold bugs often prattle about the dollar's demise -- condign punishment for a country that has amassed $3 trillion of net liabilities abroad, slashed its savings rate below zero, and spent itself into a debtor's gaol -- but they rarely ask what currency it is supposed to collapse against.


    China is a leveraged play on US shopping malls. Japan is already buckling. Its economy contracted 0.3 percent in Q2. Wages have fallen for eight months in a row. The Abe government has fallen -- the first sub-prime victim, but not the last.


    Until now, the euro has served as the "anti-dollar," the default choice for Asians and petrodollar powers wary of US assets. This cannot last.


    A rate of $1.43 (it was 83 cents in 2000) will combine, after a one-year lag, with deflating property bubbles in the Club Med bloc to cause a crisis in 2008. It will then become clear that the needs of the Germanic and Latin zones are incompatible and that a coin with no treasury, debt union, or polity to back it up cannot displace the dollar -- if it survives at all.


    Airbus is already underwater, unable to meet its dollar contracts unless it shifts plant from Europe. Every 10-cent rise in the euro costs E1 billion.


    French President Nicolas Sarkozy is in guerrilla warfare against the European Central Bank, threatening to invoke Maastricht Article 109, which gives European Union politicians power to set a fixed exchange rate (by unanimity) or a "dirty float" (by majority).


    The mood is moving his way. Eurogroup chair Jean-Claude Juncker has stopped pretending that all is well. "We have begun to have great concern about the exchange rate of the euro," he said.


    Europe will not let America export its day of reckoning to the rest of the world. It will counter with its own devaluation.


    No doubt Ben Bernanke will use all means to avert disaster, including the "printing press" he invoked in November 2002. By this he meant that the Fed could inject unlimited stimulus by purchasing as many bonds and assets as it wants. He believes the Fed could have avoided the Depression if it had been more creative in 1931.


    Even so, I am not sure that the Bernanke Fed will move fast enough, given fears of moral hazard, or, indeed, whether the rate cuts on offer are enough to head off an insolvency crisis. The chart of S&P 500 looks eerily similar to October 1987, the last time a tumbling US dollar set off a crash.


    A Bundesbank rate rise was the trigger then. If the ECB's hawks are pig-headed enough to ram through one last rise on October 4 we might see a replay.


    Large parts of the global credit system are still shut. The $2.2 trillion market for commercial paper has shrunk by $368 billion over the past seven weeks as lenders refuse to roll over loans. The $2.5 trillion market for "structured finance" remains frozen.


    US sales of new houses are down 21 percent in a year. Median prices have fallen 14 percent since March to $225,700. Builders are having to slash tariffs to move stock at all.


    We wait to see what happens as "teaser rates" on some $1.5 trillion of mortgages jump with a venomous kick in coming months. The Fed should have thought about this three years ago when rates were 1 percent. It is too late now.


    How do you play gold rally?


    Citigroup says the mining shares are poised to surge after lagging badly, offering a "gold beta" leverage of 2.36. "The market is likely to be shocked at how much cash the major golds generate at $700 an ounce," Citigroup said.


    It certainly looks as if gold has at last "decoupled" from the stock markets, regaining its role as the ultimate store of value. Whether the mining equities have decoupled is another matter.


    If Wall Street takes a beating this autumn, the safest play is pure metal.

    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

    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. :D
    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!

    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.

    I will never be arrested, says Selebi :D


    2007-9-29 22:20


    Johannesburg


    National police chief and Interpol head Jackie Selebi has said he will never be arrested because a warrant does not exist, the early edition of the Sunday Times reported on Saturday.


    "I will never be arrested... If there is a warrant for me I will stand on the 10th floor of the Sandton Towers so that the Scorpions can arrest me," he told the newspaper.


    Selebi was responding to numerous media reports citing reliable sources that the National Prosecuting Authority had obtained a warrant for his arrest last week.


    A search and seizure document was allegedly also obtained from the Pretoria High Court.


    "I am not bothered at all. For what must I be arrested? :D
    There is no such thing as a warrant. It does not exist. I will not comment on charges as there is no warrant," he said.


    The question of Selebi's possible arrest follows in the wake of the suspension of National Director of Public Prosecutions Vusi Pikoli by President Thabo Mbeki.


    Mbeki suspended Pikoli on Monday, citing an irretrievable breakdown in the relationship between Pikoli and Justice Minister Brigitte Mabandla.


    On Saturday night, Government Communication and Information System spokesperson Themba Maseko said Mbeki had appointed Frene Ginwala to conduct the inquiry into Pikoli's fitness to hold office.


    Maseko said the former National Assembly Speaker had been appointed in terms of section 12(6) of the National Prosecuting Act 32 of 1998.


    "It's (the inquiry) going to be under way soon. I need to meet with the doctor (Ginwala) first and will avail more details on Monday," he said.


    Maseko said he would address a press conference on Monday outlining the details and format of the enquiry.

    SAPA