Kurzfristig wird der ""Rohstoffmarkt"" einbrechen, der Wachstum geht meinetwegen um ein drittel auf 7% runter aber was juckt das die Chinesen ?
Was die im moment machen ist Shanghai Money bitte nun in USA stecken weil die Boerseblase gleich platzt. 
Yeah, das ist was die medien uns erzaehlen, eine James Bond Umleitung sonst nichts. 
Abwarten und tee trinken und schaun welcher markt richtig platzen wird am ende des tages.
Gruss
XEX
Lucky, in Afrika kannst viel machen wenn du die richtigen leute hast, die fehlen hier. 
Vielleicht kommt mal eine Invasion von Asiaten nach Afrika, ich wuerde es begruessen.
Vancouver mit den Chinese funktioniert bestens, aber die haben wenig schwarze.
Wenn die schwarzen hier fertig sind mit ihrer party dann kommen die Chinesen sicherlich.
Leute haben sie genug die sie einsetzen koennen.
Bis dort hin bleibt Afrika ein Fass ohne Boden, selbst wenn sich das alles rassistisch anhoert.
Anyway, time to learn Chinese ! :D...die raeumen von hinten auf.
Putin macht sein eigenes Spiel, im Notfall sind die Russen auf der seite von China oder Iran ?
Ich glaube nicht das sie laenger zuschauen wie sich Bush das Oil einkassiert um jemanden wie China unter Druck zu setzen.
Cheers
XEX
@Edel
...Und damit das im Depot nicht so schaurig aussieht, heute dazugekauft.
Ich habe auch das Netz bei 35 cents rausgelegt aber sie ging nicht rein.
Egal, bin froh sie ist nicht darunter gefallen sind.
Ausgewaschen ?
IMO das schlimmste ist vorbei, langsam haben ein paar kapiert das 37 cents bloody cheap ist fuer IMA.
Wer weiss, wie es weiter geht aber ich glaube an ein ""happy end"" fuer IMA wie lange das auch immer dauern wird.
XEX 
China holt sich den Stoff aus Afrika ! 
Die sind bereits auch in Canada und Suedamerika, mach dir keine Sorgen sie brauchen sich nichts zu borgen.
Leider wird in RSA nun weniger produziert so profitabel und produktiv sind die schwarzen geworden. 
Nimm das letzte Gehirn raus dann geht gar nichts mehr.
Aber den Anfuehrern dort gefaellt das natuerlich. ![:]](https://goldseiten-forum.com/wcf/images/smilies/pleased.gif "Freude"){kind=small}
Please invest in Africa, I can help you anytime my brother
We are in one of the world's most exciting industries where a discovery can financially change ones life!
Wie wahr, wie wahr !
Bush ties Cold War to terrorism
2007-6-12 21:43
Washington
US President George W Bush paid tribute to the estimated tens of millions killed under communism at a new memorial to their suffering and linked the Cold War to the struggle against ""terrorism"".
Twenty years after then-US president Ronald Reagan stood at the infamous barrier dividing Berlin and urged the Soviet Union to "tear down this wall", Bush said Islamic extremists, like Communists, were "doomed to fail".
His remarks came at the dedication ceremony of a new memorial to the "more than 100 million people" who have died under communism since Russia's Bolshevik Revolution of 1917.
"And like the Communists, the followers of violent Islamic radicalism are doomed to fail," said Bush, who has often compared Islamist extremists to Germany's Nazis or Soviet Communists.
"By remaining steadfast in freedom's cause, we will ensure that a future American President does not have to stand in a place like this and dedicate a memorial to the millions killed by the radicals and extremists of the 21st century," he said.
The memorial evokes the papier-mâché statue raised by pro-democracy demonstrators on Beijing's Tiananmen Square before they were brutally silenced by Chinese troops in 1989.
Ps.. Er vergisst aber das er schon ueber 400.000 Iraker und Afghanen schon zum schweigen gebracht hat.
Accusing the West of having a "moral blind spot" to communism, backers of the Washington memorial said: "We cannot allow the atrocities of Lenin, Stalin, Mao and Castro to fade into the background of history."
The non-profit Victims of Communism Memorial Foundation was created by an act of Congress in 1993 with the aim of emulating memorials to victims of Nazi totalitarian rule.
AFP
Dear CIGAs,
Comex August Gold closed down $5.90 at $653.10 today.
Euro Gold was fixed at €485.923 for the London PM fix.
All eyes were once again on the bond market this morning as the resumption of the fierce selling pressure across the interest rate pits continues to roil US markets. I mentioned last week that until we see some sort of stability in the bond market, gold is going to have difficulty breaking out of its current funk. Forex markets are keying off of rising yields for dollar debt and are buying the dollar and selling most other foreign currencies since the short term rationale is that rising yields make US Treasury debt more attractive (look at the yield spreads). That is very short sighted thinking for all the reasons that Jim explained in his missive yesterday but for now, that is what the market is giving us. The result is that the rising dollar is pressuring gold as sellers have the advantage for now.
Open interest suggests the same pattern is repeating itself as more and more spreaders pile in and new spec short selling is taking place replacing much of the spec longs that are liquidating.
I keep hearing reports that there is big physical demand just under the market and I suspect that were gold to break down below $650 basis August, we would see a goodly amount of that buying taking place.
After having traded these things as many years as I have, I can tell you that the so-called “efficient market” theory is a load of bull.
Long term it is but short term it most certainly is not. Not with all the hedgies flipping money this way and that way. Short term price movements which are nothing but the result of computer algorithms are the dominant force in today’s markets and those things can divorce themselves from reality for some time. Short term technicals will always trump dominant fundamentals until they run their course and the fundamentals reassert themselves. While you are waiting for that to occur, you can run out of money in the meantime however! I think it was Galbraith who might have said, and I am paraphrasing here, “Markets can remain irrational longer after you are already insolvent”. That is the truth!
One never can be sure when the market undergoes a sort of “awakening” and suddenly realizes that something has changed but one can be certain that such episodes occur with great regularity. That is exactly what is taking place in the bond market. Eventually, the same sort of sea change in sentiment is going to hit the gold market and we will witness something very similar to what has occurred in the bonds although in the opposite direction. When that perception will change is unknown to be but it will at some point
It is quite evident that the bond market has undergone a huge change in psychology and that it has finally recognized that there is simply too much liquidity in the system.
The Fed is stuck in a box because if they hike, they will knock the stock market down into Hades and if they do nothing, inflationary pressures will continue to build with the Fed already behind the curve and too late.
Thus the bond market is doing what it needs to do and that is forcing long term yields upward. With the exception of Japan (and there is chatter that they will hike this year) most of the major Central Banks of the world are now in a tightening mode when it comes to interest rates. Since the Fed will not act; the bond market vigilantes (who almost seem to have become extinct for a while) have acted in their stead and are pushing up long term rates. The longer the Fed attempts to stand pat, the further out the yield curve will steepen. Right now the yield on the Ten Year is 5.246% as I pen this. Like I keep saying – get ready for a bloodbath in the housing market later this year as all those ARMs reset. It is going to be quite ugly. Some of those poor folks are going to see the interest rate on their mortgages jump nearly 2.5 full points if not more.
I think it is important to note here a simple truism that inflation is bad for bonds. The US needs foreigners to buy bonds and if they fear that the yields on these things are too low to compensate them for holding US paper, they will not buy them. If they do not buy them, yields will run higher. That however is going to come back to bite the dollar since demand for dollars will begin to drop and there are simply too many “dollars” out there.
Lower demand with rising supply means lower prices ahead. At least that is my view on things for whatever that is worth.
The dollar is getting close to the 83.00 level which has attracted a fair amount of large selling in the past. There is a lot of resistance above 83 and on up to the 84 level. I would expect more of the Central Banks to be unloading some of their excess dollars at current levels and even more should it continue to rise any further.
The HUI still seems to be following the broader equity markets around although it continues to attract solid buying whenever it gets down near that 320 level. The longer this level holds and more frequently it is tested, the more important technically it becomes.
Watching the stock indices has become quite a comical diversion for me personally. To see this thing trading like a yo-yo is really to get a lesson in the dynamics of creating illusions that feed public perception. Sellers come in and push it down over the implications associated with a rising interest rate environment and the thing pops right back up like a cork being pushed under water. It really is quite marvelous to behold this from a front row seat. It sure will make for some good lessons to our children years from now. Remember, perception is reality to the markets… do not ever forget that.
As I write this the DOW is down 92 points at 13,331 while the S&P 500 and the Nasdaq are both down with the S&P on the lows of the day.
Crude oil prices continue to hover in the mid 60’s with gasoline down to $2.1338 at the Nymex at this hour. That is down from a recent peak at $2.44/gallon. Fill ‘er up while prices are low!
Some anecdotal information - the ECB reported the sales of 3.68 tons of gold last week. That was when it was reported – when it was sold is anyone’s guess.
In some other news, it looks at this point that there will be no antitrust violations involved should the proposed merger between the CME and the CBOT proceed. If that does indeed occur, and it looks increasingly like it will right now, the CBOT e-gold contract will probably be dropped.
The emini gold will probably remain but since the Comex took their gold contract to CME’s Globex platform, the new entity that results from the buyout would have two full sized electronic gold contracts. One would have to go. I am not quite sure how they would handle that – perhaps they might try some sort of thing where they assign the positions in the CBOT full sized gold to the Comex; then again I am not sure how that would affect the delivery process. We will just have to wait and see how the dust settles on this one. In the meantime, volume and open interest continue decreasing in the full sized CBOT gold contract. It is a real shame to see this happening as I began trading that from day one but it has reached the point where the liquidity is becoming an issue and I no longer trade it and some of the traders that I have spoken with no longer do either.
Everything is revolving around the bond market right now so stay tuned.
Dan
@Elefant
""Optimismus für die Weltwirtschaft ""
Schatten will keiner wirklich sehen, allenfalls ein paar unbedeutende wie einige hier im Forum.
Ich stimme dir voll zu, manche kippen nun um und fallen darauf rein was sie ueber ihre Medien wieder zeigen ueber Gold und US Paper oder....besser gesagt....
""Pipedream"" that USA is always the winner and the emperor of the world..
We got M3 and flush you with Dollars.
@ Saccard
Nehme das nicht persoenlich aber Jeff hat ein Jahr gewartet das er mutig kurz drin war.
Sicher in einigen Punkten hat er recht aber ich brauche ihn nicht um das selbst zu sehen wann rein oder raus.
Mir ist der zu konservativ und so kriegst nur peanuts in dem markt.
Da musst schon ein wenig verrueckt sein um dabei zu sein und das ist Jeff Kern bestimmt nicht , frage mal seine Frau was die von ihm haelt.
Definately not a convinced Goldbug.
Cheers
XEX
Le Metropole Members,
Served at The Man Ray Table:
GOLD, SILVER, BONDS, CASH DOLLAR INDEX, CURRENCIES, &
COMMENTS FROM MICHEL DE CHABERT-OSTLAND
"it is my understanding that the recent sell off was
in part due to liquidation of long term US securities
by some central banks. I believe some of that money
went into short term T-Bills. This makes eminent sense
as the bond market finished a 22 year run up in 2003
and has entered since then into a secular bear market.
The fundamentals for the bond market have been and will
continue to be extremely negative and I would expect
this bear market to last for many years.......
.....SILVER: CASH SILVER: 13.10; JULY SILVER: 13.13; PRICES BELOW BASIS CASH SILVER
1. The silver fundamentals remain superb and I won't go beyond that as others cover this in great detail.
2. It is my analysis that we have been correcting the move from 11.99 of 1/8/07 to 14.77 of 2/26 for the past few months. This correction has taken a familiar pattern with the last leg down of this correction having started at 13.87 on 6/6. Projected targets and support were between 12.62 to 12.925 to end the correction.
3. So far, we have reached a recent low of 12.89 on 6/8 and therefore the correction from 14.77 could very well have ended then. If not, you know the parameters as to where I think it will end.
4. Assuming that the correction is over from 14.77, there is no guarantee that this will be the final correction in the bigger picture as it could still be only a part of the overall correction, however, my preferred scenario is that it is the end of the correction from 14.77. I hope that I am not confusing you.
Anyone not already long silver, should consider an initial entry right here and now.
5. I like the fact that the weekly momentums are close to levels where previous rallies have begun and the 200DMA is at 12.96 today.
GOLD: CASH GOLD: 648.40; AUGUST GOLD: 651.40
1. I won't discuss the fundamentals that remain superb and have been so well covered by Bill Murphy.
2. My technical analysis always has two parts: a top down analysis that pinpoint potential targets for end of corrections ( this is extremely important ) and a bottom up analysis that covers the usual Fib retracements with their new adjustments, previous wave pattern supports, 50 and 200DMA, rgold as defined by Adam Hamilton, momentum indicators, etc.. With the increasing complexity of the markets due to their global participation, it is more than ever essential to have this knowledge in order to succeed. This is most likely the province of the professional futures trader/investor as the leverage employed in his investments require this information in order to succeed on a long term basis.
3. Let me give you an example of the complexity of the markets. It has been widely publicized that the sentiment indicators for the precious metals in the past two weeks are abysmal and from a contrarian viewpoint would signal a buy signal but this would have been premature if you acted solely on this indicator; furthermore, I suspect that the fielding of these indicators is US centric and doesn't cover the rest of the investing world. Does anyone cover the sentiment for India which, after all, is the most important area of demand for gold in the world? Are they as bearish on gold as the sentiment numbers being reported in the US? How about China and its increasing demand for gold - are they bearish too?
Now, here comes Jim Rogers on Bloomberg yesterday saying that he is bearish gold because " everyone is long "; well, is he thinking of the Asian investors where he resides or is he thinking more globally and, if so, how does he research the facts to arrive at this conclusion? Frankly, in this global investment environment, one must be careful to the importance attached to any one indicator - yes, I incorporate into my decision making the level of sentiment but it is hardly the deciding factor as I hope I have proved above.
4. Here is my analysis basis cash gold :
- from the 694.60 high of 4/23, we fell to a recent low of 643.80 on 6/8. So far today, we have fallen back to 645.35.
- I have had targets and great support between 631 to 644 for some time and I believe this will hold the correction from the 694.60 highs.
- As we have already reached 643.80, it is quite possible that the correction is finished; if not, you have my targets on any further downside.
- Since I believe the dollar is finishing its bear market correction within the parameters mentioned above, this confirms my independent analysis for gold.
CASH DOLLAR INDEX: 82.895
1. Roughly three weeks ago, Sec. Paulson was being interviewed and asked about the prevalent weakness of the dollar. The question was: " Was he worried about further weakness about the dollar and the potential for an uncontrolled fall ". He answered very calmly and almost with a shrug of the shoulders that this was far from being one of his top concerns and that there were more important issues that he had to deal with ( I am paraphrasing ). I immediately stood up and wondered what he knew that was not factored in the markets as we were at that time very close to taking out the multi year intraday low of 80.39 of Dec. 31, 2004. I decided then and there to monitor very closely my long Australian, Canadian, and Euro positions and have acted accordingly since then. I sold my Cando longs a bit early but with a very nice profit and remain modestly long the Australian dollar ( my preferred currency for almost a year ) and Euro. Well, we all know what has happened in the last week as the cash dollar index has spiked up to a three month high in sympathy with the long rates spiking up out of a resistance zone that had capped the market yields for a very long time. It is my analysis that the short term yields are much more important to the dollar than the long term yields and therefore, this spike up in the dollar is a trap.
What foreigner in his right mind would buy a US ten or thirty year bond that is depreciating in value far more than the meager rise in interest that he would receive?
2. Having made that observation, I am always cognizant that the markets can do almost anything, even that which seems totally illogical. It is possibly because some traders had overextended their short dollar position to a dangerous level and must now cover at any price in order to stay alive; perhaps this is done in conjunction with the black box traders whose algorithms are reversing their short dollar positions to the long side.
3. The best that I can say at this time is that the cash dollar index has potential targets and significant resistance between 83.05 to 83.70 which is slightly above the levels that we are trading at now. IMO, anyone not already long the currencies mentioned above should look to initiate a long position, especially in the Australian dollar.
4. In the bigger picture, although there is never a 100% certainty in the markets, it is my analysis that the dollar has much further to go on the downside.
Choose your long currencies wisely as they are not all created equal.
Summertime Blues 320 Guys 8).
..und der US Dollar tanzt im beat. :D... PPT King Dollar !
Hoffentlich geht den Gorilla die Luft beim Blues 83 aus.
Die Medien sagen den Amis gehts wieder gut, es war noch nie besser unter den Umstaenden.
In der Strasse von Hormuz lassen die Iraner schon mal vorsichtshalber ihre vielen Speedboats ins Wasser.
Die mit surface missiles einigen Schaden ausrichten koennen.
Da geht 20% vom Erdoel durch, wie kann sich das auf den Oilpreis auswirken
Luftangriff dafuer sind die Amis ja bekannt, aber so einfach wird das nicht wie sich manche vorstellen.
Die haben bestimmt von Irak und Afghanistan gelernt welche Taktik die Amis wieder machen wollen.
Tick - Tack - Boom ... the beat goes on and on .......nur unsere Freunde duerfen Atomreaktoren betreiben wie Pakistan zum Beispiel.
Funky, very funky reason to attack Iran and later Syria, because all the freedom fighters come from there to give us shit in Irak and Afghanistan ?
Wer Jeff Kern liest der ist staendig rein und raus so schnell kann er gar nicht reagieren.
Was da fuer Kommisionen drauf gehen bei dem rein und raus vergisst man schnell.
Schneller als ein Skifahrer hupft Jeff umher, ein Konzept wird der Flaggen Analyst nie haben weil er ein feiger Hund ist ganz trocken gesagt.
Die Floortrader und Broker freuen sich bei dem staendigen rein und raus.
Gruss
Eldo
Der Typ hat weniger Mut als eine Schildkroete mit seiner Psychiater SKI Signal kann er mich nicht verwirren.
Pass auf, morgen ist er wieder drin.
Ich sehe das nun von einer anderen Seite, wie viele Explorer habe ich im Depot die um das dreifache gehandelt werden als sie Cash oder Properties haben.
Die meisten werden noch hoeher gehandelt als IMA.
Der innere Wert ist ca. 50 cents wenn man die Cash reserven anschaut und gehandelt wird bei 37 cents. Wohl ein bargain bei dem kurs.
Die einizige Gefahr ist das sie nichts finden und das Geld verschwendet wird.
Die Gefahr hat man bei jeden Explorer, nun braucht man riesen Geduld das IMA sich wieder aufrappeln wird von den todgesagten.
Nicht aergern und ab in die Schublade, ich schau mal wieder in ein paar Jahren nach ob IMA neue Reserven gefunden hat.
Verkaufen werde ich keine Aktie bis dort hin, F. Y. Henderson ! 
Gruss
Eldo
Joe Grosso hat heute eine news fuer seine shareholders:
The recent judgment by the British Columbia Court of Appeal dismissing IMA's appeal on the Navidad project was an extreme disappointment and the company is continuing to assess its next steps regarding the Navidad dispute. Going forward from today, the clear focus of management will be to rapidly build a large, significant and diverse property portfolio capable of maximizing shareholder value.
To rebuild the company's asset base, IMA will be using its substantial cash reserves, which include a treasury of $7,500,000 plus the $18,500,000 the company has spent to date developing the Navidad Project that will be returned to IMA if the appeal is ultimately unsuccessful. As of today, post appeal the company would have $26,000,000, or almost $0.50 per share to grow its asset base and focus on the business of creating value through exploration. Management has a history of successful exploration and it is now time to begin the process anew for the benefit of all IMA shareholders.
We have been active in Argentina since 1993, in fact IMA was one of the first foreign mineral explorers in Argentina. Over time management has established an impressive network of contacts in the resource sector that extends throughout Argentina, Peru, Chile and Colombia. As seasoned explorers, it was our team that discovered Navidad and it was also our team that discovered the Gualcamayo gold deposit, which Yamana is planning to put into production in 2008. This same team is now seeking a range of exciting new exploration opportunities and we are confident that we can build a diverse and valuable property portfolio.
I would like to take this opportunity to thank IMA's shareholders, management and directors for their strong support and for staying the course while we move the company forward with future promising projects. We have the people, capital and network required to make IMA a strong and successful company we can all be proud of.
ON BEHALF OF THE BOARD
Mr. Joseph Grosso, President & CEO
Have fun guys and enjoy the victory of AQI.
I can't imagine that everything is lost for good.
Grosso may soon announce something which may alter the shareprice.
To sue Henderson in Canada again would be crazy and a waste of money.
He must act to stop the selloff, actually I wonder who still buys the hammered shares.
Regards
Eldo
Vista was ?...ich schleich mich erstmal fuer eine zeitlang, mich langweilen die newcomer's die alle so bright sind.
Have a good time, I wrote too much anyway, time for a long break.
....Now its your turn :]...just keep the spirit alive.
Auratico und Edelman z.B, die liegen richtig IMO, die beiden koennen erstmal weiter den Dialolog fuehren ueber Gold und Silber falls sie Bock haben den Rookie's etwas zu lernen ueber diesen PM Markt .
Adios Amigos, See Y later ;).... time for Pinacolada's
Good luck to you !
XEX
Heavy Stuff, GB
Wenn es nicht laenger als zwei Wochen dauert halte ich das aus.
Cliffhanger wuerde ich sagen.
580 USD, wo hast du die her ?.:D... von den Elliots oder GS/PPT news ?
Aber soweit kommt es hoffentlich nicht, der Markt und viele Investoren riechen bald die Lunte, das hoffe ich zumindest.
Das ganze im moment ist wie eine Sprungfeder, mein Instinkt sagt ich liege richtig.
Aber..... Expect the unexpected and have some airbags in place.
Falls ich mich irre ist das der Boden... vor dem Start.
Gnight
XEX
@GB
Klar, wenn sich nichts mehr ruehrt kann man nur mehr meckern und sieht nur mehr einen Wasserfall .
Go and play Golf maybe you land an Eagle... Wolfowitz.
Erstmal die eigenen Socken stopfen bevor man andere kritisiert.
""Die Würde des Menschen ist unantastbar. Sie zu achten und zu schützen ist Verpflichtung aller staatlichen Gewalt.""
Dich haben sie ja vor kurzen bei der IMF rausgeschmissen.
Das hast davon, deine Sekretaerin hat den Mund zu weit aufgemacht. 
Hahahahaaaaaaaaaaaaaaaaaaaa.... meine Bilder sind fuer jugendliche verboten !!!!
Wer zu geil ist zahlt immer mehr als der andere der abwarten kann bis die preise wieder normal sind.
Die Aktien und OS sind wie N.... man weiss nie wann und bei welchen Preis man aufsteigen soll oder einfach Nein sagt.
Wer aber zu blau ist oder eine blaues (V)under eingeschmissen hat der hat eben wenig Geduld.
Dann sieht alles besser aus als es eigentlch ist.
