Beiträge von Eldorado

    Well done Jim , er hat ja in den letzten Tagen bereits seine TAN und RGLD's gelobt damit sie nicht so stark fallen.
    Die Promo hat sich natuerlich ausgewirkt.
    Die anderen Juniors sind ja voller Risks und irgendwo ist bestimmt was faul ausser bei seinen Aktien im Depot.
    Eigenlob stinkt ?......in dem Fall hat es geholfen.
    Aber das werde ich ihm nie vergessen die anderen schlecht zu machen gerade in der Zeit wo sie verpruegelt werden.


    Have a nice day, get a tan ! :D and listen to Mr. 1650


    XEX

    UK reviews Zim evacuation plans


    2007-8-17 07:27


    London - Military officials are reviewing evacuation plans for up to 22 000 British nationals in former colony Zimbabwe, The Times reported in its Friday paper.


    A spokesperson for the defence ministry declined to comment on the validity of the report, saying: "As you would expect, the MOD constantly reviews contingency plans for troublespots around the world where Britons are living."


    According to the newspaper, which cited unnamed diplomatic sources, the review was focused on a "civil contingency plan" which would rely on help from neighbouring countries.


    The Times said that under current plans, Britons in Zimbabwe would be instructed to leave the country into South Africa and meet at a military base there.


    At that point, they would either be airlifted to Britain by defence aircraft, or chartered commercial planes.


    "At the last count, there were between 17 500 and 22 000 British nationals still living in Zimbabwe," an unidentified official told the daily.


    "If there was an evacuation they would be entitled to bring their families and dependents with them, which is what happened when we evacuated British passport holders from Lebanon last year."


    Britain evacuated thousands of nationals from Lebanon last summer in the midst of Israeli bombing of the country.


    Britain has been accused of seeking regime change by Zimbabwean President Robert Mugabe, who has ruled the former British colony since independence in 1980.


    Mugabe has blamed sanctions for his country's economic downspiral characterised by inflation exceeding 5 000%, 80% unemployment and a critical shortage of food, fuel and other basic commodities.


    But critics say the problems started with his controversial land reforms in 2000, which saw the government seize at least 4 000 farms from white commercial farmers for reallocation to landless blacks and state cronies.


    AFP

    ..##
    einer der besten technischen Analysten geht trotzdem von negativer Korrelation Aktienmarkt /HUI-Edelmetalle aus:###....


    Falsch, seine untere Linie 4 auf seiner HUI chart wurde heute erreicht bei HUI 285, ein break ueber 370 HUI wuerde ein min. Target von HUI 500 ergeben sagt er ganz deutlich mit wave 5.

    "A Golden Opportunity"


    By: A.B. Korelin


    What a great way to start the day. At 6:45 a.m. this morning I turned on my computer and was faced with the following: "Credit Crunch Haunts Wall Street", "Uncertainty Fans Wall Street’s Flames", "Rams Slaughtered On Refinancing Failure" and the list goes on and on.


    I checked my portfolio and saw that most of my stocks were down anywhere from 25% to 50%.


    Both the Dow Jones Industrial Average and the Nasdaq Composite were in negative territory as are the Canadian markets.


    Gold and silver were down.


    Wow, am I in the wrong business? Am I putting my family’s money into the wrong investment? Am I talking about the wrong things on the radio? Am I just plain stupid?


    The answer is a loud and resounding NO! Investors, including me, have a "golden opportunity" right this minute. Let me explain why.


    Let’s first examine the real estate crisis. Yes, it does exist. July housing starts are at a level not seen since January of 1997 and the drop in housing permits for July is at the lowest level since October of 1996. All expectations are for both new and existing home sales to continue to drop.


    None of this should come as a surprise to listeners of the internationally syndicated Korelin Economics Report, http://www.kereport.com, because we began discussing the negative future of this sector over a year ago with Roger Wiegand of Trader Tracks. Roger had emphatically been telling listeners during that time that the real estate industry had nowhere to go but down. Surprise, surprise, he was absolutely correct. He was absolutely correct because all the fundamentals pointed in that direction.


    Let’s look at gold and silver. Sure, the respective prices are not skyrocketing upward as some have predicted. Why not? Well, as James Turk has said numerous times on the show, "Gold is a very liquid investment and when people get scared, they sell some of their gold to bolster their cash positions."


    They sell SOME of their gold. Believe me, if people really had no faith in gold they would sell all of it. The fact is they are not. This is proven by the price trends of gold and silver. As the stock markets around the word continue to loose value, gold and silver simply waffle a bit up and down.


    Now, let’s look at the sub prime mortgage market because it is considered to be the culprit behind all of this. Let me quote Lawrence Raulston here. He put this situation in perspective to his readers when he wrote: "First, sub prime mortgages represent only a small portion of the overall mortgage market in the United States. Actual defaults on sub prime mortgages have been about 5% to date. So far, 85% of borrowers in that market continue to make timely payments. Inevitably, the default figures will get worse. But, remember, those loans are all backed by real estate. Undoubtedly, the value of the real estate will fall short of the loan amount in those cases where the borrowers default. To explore the potential implication, assume the delinquency rate was to soar to 25% and, as an example, suppose that in each of those cases the realized value of the collateral falls 25% short of the loan amount. Then, the overall sub prime market would lose about 7% of its value. That is hardly a catastrophic event for the world economy."


    So why do we have a golden opportunity now? Because anyway you look at it, gold and silver have no way to go but up.


    The fundamentally sound public companies in the gold and silver industries also have nowhere to go but up. Even if the liquidity crisis continues these prices have nowhere to go but up because governments will have to continue to inject money into their respective countries to combat it. More money means higher inflation and higher inflation means higher gold and silver prices.


    Throughout this crisis, gold and silver values have not depreciated to any meaningful extent. Most of the related stocks, on the other hand, are down 25% to 50%. I suggest that, at these low levels, the fundamentally sound companies are the ones that we all should be looking at.


    I also suggest that physical gold and physical silver are not a bad place to be because when their respective prices are as resilient as they have been, given recent market conditions, that is an indication of real strength and potential future appreciation.


    I leave you with this thought; Berkshire Hathaway has recently purchased $3 billion worth of bank stocks. Are they perhaps taking advantage of what they believe is a buying opportunity? ?(


    * * * * * * *
    more from Peter Grandich:


    http://www.grandich.com/docs/alert_08-16-07.pdf

    What a mess. :(


    Sheer panic has set in...... Instead of everyone flocking to gold in this financial market crisis, everyone is running from it, thanks to The Gold Cartel. X(


    We are in the midst of a full scale liquidity crisis, which is growing by leaps and bounds. Since the essence of the problem has to do with the most illiquid of assets, real estate, the building nightmare has a LONG way to go.


    Investors are selling whatever they can to raise cash. Margin calls are staring hedge fund managers and general investors in the face and scores are taking action by throwing what they can out of portfolios.


    Last night I was out to dinner with a very savvy money manager. He had lightened up his gold share position, shifting the proceeds into bullion. With the close of the HUI yesterday taking out key support, he was fearful that the index would tank down to right above 280. I’m not sure he thought it would go there TODAY. This morning the HUI fell to 284.85, as babies everywhere were thrown out with the bathwater. :(


    The gold open interest ROSE 4736 contracts yesterday to 352,707. But I thought it was a liquidation panic? Today for sure, but AGAIN, this is just what the crooks wanted. Since gold is not allowed to go up, people are dumping for cash and peace of mind.


    Well, what do you know, Dennis Gartman this morning…


    As for gold, given the dollar's strength and given the stock market weakness globally, and given the recent correlation between gold and these two other markets, one might have thought that gold would be down quite materially. In dollar terms, it is down marginally; in euro terms it is up materially ... and that, we think, tells a large and engaging story.


    Gold has rather obviously had difficulty trading upward through $670 and through E500. We do not know for certain, but we would have no difficulty believing that central bank selling has helped to keep spot gold below these two important resistance levels.


    Given the gold sales that are still permissible under the Washington Agreement, and given the lack of such sales in recent weeks, the central banks have more than adequate "ammunition" upon which to draw to keep gold from breaking to the upside. We suspect they shall use that ammunition if needed, not to nefariously keep gold from rising, but to keep it from rising in order to keep gold from sending a signal of panic to the world's investors in equities and debt.


    If the Fed, the European Central Bank, the Bank of Japan, the Bank of China, et al. are prepared to push liquidity into the system, it is reasonable to expect them to sell gold in small or even large sums in order to keep gold from rising, for should gold push upward through these resistance levels at a time when stocks are falling, the public at large will properly take that as an ominous sign. Certainly we would!


    Dennis, Dennis. Give me a break. Is this your way of trying to become the Semantics King? Not nefarious??? You deceive yourself. It is as nefarious as it gets. The price suppression scheme contributed greatly to the current financial market mess because it thwarted the free market process and took away the most widely watched crisis barometer from the investing public … that being a free price of gold. Well, at least you are almost there after getting on GATA’s case for 8 years.


    Nefarious? Yes indeed. Sabre…


    free markets! Gotta love free markets! Lease rates go to a 3 year high and then fall once the damage is done. 8o


    ***


    Those who still think the dollar is the key to the price of gold have it ALL wrong.
    Today is a perfect example how secondary it is, at least for the time being. The dollar FELL .05 to 81.71, yet gold gets hit for more than $20. A more appropriate headline would be … Gold Gets Buried Due To Fall In The Dollar.


    The main reason for the fall in the dollar was the strength in the yen which finished the day up 3.32 to 112.98. The yen carry trade is falling apart and is adding to the dumping of all kinds of assets. The euro only fell .25 to 134.05.


    Crude oil was hit, falling $2.33 per barrel to $71.


    The action lately in silver has been horrible and it showed those colors today. Don’t know what to say on that one for now. :(


    The yield on the 10 yr T note plummeted to 4.61% and that was off its lows of the day.

    @silberstation...doppelt gemoppelt :D


    Ist auch meine Meinung...


    Cheers


    XEX


    noch einer zu dem Schlachtfest.. X(


    Indiscriminate selling, forced liquidation, throwing the baby out with the bath water… call it whatever you want, but as irrational as it seems the biggest and best gainers this year were sold most aggressively today as many were forced to raise cash for a variety of reasons.


    The catalyst for this move was, of course, further credit worries. Countrywide’s bankruptcy rumors from yesterday spread to today as they “borrowed the entire $11.5 billion available in a bank credit line” to fund its operations. Poor economic data and rumors that a hedge fund may collapse certainly didn’t help things, but rumors of a possible emergency fed rate cut seemed to calm the markets and take them well off their lows by the end of trade. One fed operation that can be confirmed today was the injection of $17 billion in liquidity. 8o


    ...“Silver analyst Theodore Butler claims silver to be more oversold than ever. According to Ted, ‘The best thing you can own in the world today has just been marked down. Forced liquidations and margin calls have caused silver to plummet. This will only be temporary,’ says Butler. ‘Buy silver now.’”


    http://news.goldseek.com/GoldSeeker/1187323230.php


    more....


    We also shouldn’t forget that once gold broke $450, we saw an explosive move to $730, a 60% gain (about 40% gain from $325 to $450 at the previous run). If we use the same analogy, we shouldn’t be surprised to see that once gold breaks $700 decisively on a monthly chart, gold will have a field day with similar explosive up move to reach 4 digits.


    I have seen before this kind of shakeout and bottom testing in May 2005 (when gold was above its previous bottom but HUI was testing its old bottom again). This is the typical capitulation to shake out all the weak apples and hammer out any remaining confidence in investors. As trading in any market, we need both patience and a strong heart, especially with gold, especially during market turmoil like now. Also don’t forget if this gives you more confidence that, we are holding gold, the last currency standing in the World, and HUI as long term option to gold never expired. We are not losing time value on these gold options and quite opposite we gain time value since each day the miners are getting one step closer to production. This is much better than holding some asset “back” securities marked to black box computer model (not to the market) with assumptions such as delinquency rate can jump 4 times from 5% to 20% in one month. We have no clue what the future cash flow looks like on those ABS products if there is any. But at least we have gold. Even with what has happened during last several weeks, I am still expecting this consolidation phase to end soon, and the 2nd half of 2007 will be a good up market for gold, silver and HUI. Next year in 2008 too. Buying dip and hold have been a good strategy during last 7 years in this gold and mining market, so don’t panic. A great opportunity and turning point might be right in front of us.


    http://news.goldseek.com/GoldSeek/1187297677.php

    Bloodbath in Gold and Gold shares
    Fear is running high - Where/when does it end?


    Gold: $646 / HUI: 290


    Dear reader,


    The financial markets find themselves in uncharted territories.. The subprime woes are spreading like cancer through other financial sectors and the problem is that no-one really knows what the nearby future will bring. Credit problems all over the place, Bear Stearns, BNP Paribas, Sentinel, Countrywide....just to name a few...the question is who is next and how many institutions more will be forced on drawing down emergency credit lines or even worse shutting down? The more lenders shutting down or pulling back the more credit markets cease. Not a very bright picture indeed but and again the problem is that no one really knows how bad it can get before all is said and done. Fear of a complete market meltdown is growing day by day and the question for the gold investor arises of what to do?


    Sure enough this question is a tough one but it's my strong believe that this sharp correction in the gold stocks will be over much sooner as most of us would think. The HUI was bombed into extreme oversold territories over the past two trading days and it was plain fear driving it down to these depressed levels. Extreme fear and extreme oversold conditions never persist for a long period of time so the odds are we are pretty close to unique 'BUY' opportunities here.


    Sure many of us wonder if gold has any chance to recover at all since the saying goes that gold is being sold off to raise cash in order to meet eg margin calls.. Well, maybe that will be the case for a few indeed but the bottom line remains the same, gold is a currency and trades like a currency and will resume its uptrend once the dollar resumes its down-trend. please make no mistake about it, the dollar has not a snowball's chance in hell to gain much further from current levels. Yes, it rallied over the past few days but that can be considered as a massive short cover rally which will run out of steam within a short period of time.


    Now what are we going to do next?


    First of all I'm in the process of writing an extensive update on recent market developments including all relevant charts. I will update these charts after market close today and send you the update soon afterwards (latest before market opening on Friday August 17)


    I'll follow up on this update on a daily base for as long as current fear remains


    I'll publish all charts of our TOP 20 stocks for a technical review so our members can take advantage of potential new 'BUY' opportunities soon..Expect these charts to be published on Sunday August 19.


    Please remember that current selling is driven by fear and that wash-outs like these never persist for along period of time.


    I realize that there's a lot of uncertainly out there these days so please feel free to drop your questions. I will answer common questions publicly (anonymous)...


    Stay tuned,


    Eric Hommelberg

    Schon interessant wie auf einmal der POG auf die 653 $ wieder zielt wenn die auf Fallstreet Feierabend machen. :rolleyes:


    Die Bomben haben sie ja abgeladen fuer heute diese Gangster. X(


    Vielleicht schauts morgen besser aus, irgendwann ist der Zauber vorbei und der PPT Helicopter weg.


    Gnight, hang in ! ;)


    XEX

    Milly


    Sei mir nicht boese aber ich glaube deine story nicht, dieses schon seit vier Tagen.


    Be happy anyway, wenn es wirklich so ist dann kannst froh sein.


    Im uebrigen hast du keinen was gesagt das du schon vor Wochen so viel verkauft hast was ich egoistisch finde.


    Vor ein paar Tagen hast noch Rio Tinto und etc. gekauft soweit ich mich erinnere.


    Dann sage ich Dir auch nichts mehr wenn ich einen Zug mache. :P


    Gruss


    Eldo

    Zitat

    Original von leonardoma
    Ist nicht von einem deflationären Crash ähnlich wie 1929 - 1933 auszugehen und nicht von Hyperinflation?


    Es fragt sich, wie sich Gold und Silber damals verhalten haben?


    Der Besitz von Gold wurde m.W. verboten und Silber verlor zeitweise ca. 50 %.


    Kann sein, wir werden es eventuell wieder erleben und vergleichen spaeter mit der Vergangenheit.