Beiträge von Eldorado

    Bobelle, du bist rein und ich heute raus. :D


    Ich nahm Gold fuer Kohle, mal umschichten selbst wenn es verrueckt sein sollte und sich der Bereich wieder erholt.


    Alles vom Oilpreis abhaengig IMO.


    Bei Oil und Gas Aktien war ich auch am kuerzen, voll rein in den HUIIIII Sommerschlussverkauf :D


    Viel Glueck, ich hatte Pech bis jetzt solala mit leichten Gewinn den Sektor verlassen, da ist ja noch RTP BHP Anglo und die TCK , die haben auch Kohle.


    Gruss


    XEX

    South Africa


    Cape Town tackles shacks :rolleyes:


    2007-5-23 20:14


    Cape Town - The City of Cape Town on Wednesday unveiled a two-year plan to provide essential services to all 222 informal settlements within its boundary.


    The plan, which would see every household given access to water, sanitation and area lighting, would cost R63.4m, mayor Helen Zille told a media briefing.


    She also announced that the city's metro police were forming a unit to combat land invasions.


    "The city will adopt a policy of zero tolerance on land invasions," she said.


    The city has priority-ranked every settlement in terms of factors including length of settlement, flooding and fire risk, and the availability of water and sanitation.


    The list shows that 47 166 of the 135 693 households need to the relocated, some of them because shacks are so closely packed that there is no way to provide services.


    At the top of the list is Kanana, partly located in what Zille said was a "swamp" in Gugulethu.


    The plan calls for relocation of the whole settlement to homes already earmarked in the N2 Gateway project.


    Waiting lists for homes


    Controversial Hout Bay settlement Imizamo Yethu is 27th on the list.


    The plan calls for it to be "de-densified" by 3 064 of its current 5 460 dwellings :).. but Zille said this would be accomplished by consultation, in a process "completely different" from forced removals.


    She said a later phase of the plan would involve fully formalising the settlements by providing security of tenure and assisting with the completion of homes.


    When it came to homes, those who had been waiting the longest would get helped first.


    "In this regard, we are developing a policy to give preference in new developments to backyarders who have not tried to jump the housing waiting list by invading land," she said.


    "And those people who do try to jump the housing queue by invading land in future will be dropped to the bottom of the waiting list."


    Land needed


    The city says it needs some 1 000 hectares of land for the relocations.


    Mayco member for housing Dan Plato told the briefing the Western Cape provincial government and national government would have to release the large tracts of land they controlled in the city.


    They would also have to provide funding.


    The city's manager for housing and land, Basil Davidson, said farmland on the urban fringe was going for about R1m a hectare before improvements were factored in, which was ten times Gauteng prices and 14 times those around Durban.


    Some 50 000 to 60 000 people migrate to Cape Town every year, many from the Eastern Cape, but internal growth also places a demand on housing.


    The housing backlog in the city at the moment is 400 000 units.


    SAPA

    Chuck Cohen On The Gold Market


    I continue to strongly believe that we have reached another historic point in this now six year bull market in gold and silver. Why do I continue to say this in spite of a disappointing year in the metals and in the Hui? This can be seen in the best place to look, in the sentiment. For instance, if you are one who gets excited when there is a lot of activity, volume in the shares, media coverage and bullish prognostications, then you most likely jump in, often buying AFTER a major part of the move up is already completed. But if everything flounders, as in the past twelve months, then you get discouraged and, most likely, have sold some or much of your holdings, often near their bottoms. :(


    This discouragement can also be seen in the recent Hulbert survey which is now at a major buy area. It can also be seen at the recent NY Hard Assets Show where the attendance was terrible. And recently even the mainstream media has not missed this trend as they have mocked the belief that gold is a viable investment.


    But most notably, at this specific point, is that many of the chartists have become more than cautious with some advising selling or even shorting and then at their command getting back in after the charts turn bullish. Here is the problem with charting a bull market.


    If you sell when you believe a support has been violated, you will be lucky to get within 15% of the bottom.


    If you wait until the stock breaks out you might have missed another 15%, so that adds up to 30% plus commissions.


    You have to be very correct to take this strategy. My history has been that when I have tried to trade or get in cash, I have been inevitably wrong,
    and when I just held on, it has proven to be the correct decision. The only exception to this is when a company has risen enormously and then heavy volume begins to show up. This is usually an excellent time to take profits.


    In my opinion, after almost six years of being back into the gold market and having done very well, there is only one proven method to take full advantage of an historic event—be patient, buy on weakness, defy your emotions and be fully understanding what is going on in this cycle.



    That is why most of you subscribe to Bill´s site. Be a student not just part of the herd that constant get caught up in emotional decisions. Just remember 1999-2001 in the Nasdaq. It is very likely some of you took a bath getting excited by the hype and greed that pervaded the stock culture during that time.


    During the past year in the correction, shares of excellent companies such as Goldcorp or Agnico have experienced gap down after gap down, a sign of panic not sophisticated selling. The Rydex Precious Metal Fund has seen well over 60% of its assets drain out as gold traders became discouraged. Many of the pundits have wrote about new highs in gold would now be satisfied with just a 10% move up. Day after day, the Hui has sold off in the afternoon, a very abnormal occurrence. For proof, go to Bigcharts.com and look at the chart for 2 or 3 months and notice where the close is on the Hui and compare this with the DJI. In other words, be a student not just a follower. :(


    If you then go out to a decade or from 1999 to the present, notice that each time before the gold shares move up, there is a year or more of consolidation and then a move of 100-200% move up in the gold shares, with the smaller ones doing even better. I believe that we are on the cusp of another such run here.


    Bull moves of 6 years do not end in the current atmosphere of discouragement.


    They conclude when your neighbour, your brother-in-law and your friends are all in the pool and perhaps even telling you what to buy. At this moment, they would much prefer to be adding a deck or pool onto their houses. The next move will bring incredible in many stocks that have not even joined in yet. It will appear as though they have been lifted by some kind of rocket. :D


    The fundamental case for gold--declining production, an electronic currency press that will not allow any natural economic correction, an eventual lethal derivative situation, untenable debt on all levels, a real estate bubble ready to pop, a contrived collusion to suppress real money by the central bankers and their cohorts will soon kiss in what will be the most amazing move in the history of financial markets. :D


    The best place to be in this charged atmosphere will be in the juniors and exploration companies that have real properties.


    I fully expect to see some of them go up 100-500 times, yes "times", in the years ahead :rolleyes:


    My advice to you at this point is be a student, not part of the herd.

    @ Emoba


    Jetzt wird auch Buffalo eine draufgehaut , die DYG erholt sich wieder nach der Absage. Ich schau wo die vor dem talk mit DYG stand und zocke nun mit der. Anglo Ashati beteiligt sich bei der neuen suche nach reserven. Die finden irgendwann, das Gebiet ist gross genug. :D


    Selbst die verkloppte EEL.V finde ich einen kleinen Zock wert. :rolleyes:


    Dann noch der APE.V.. vielleicht spielt da noch Politik mit bei.


    Mit der AAG.V hat es was mit den Anteilen an die einheimische Mine zu tun die noch nicht bewertet/gehandelt sind soweit ich mich erinnern kann.


    Santa Rosa wo bist du ! :D


    Silvercrest (SLV) ist auch so eine Chart, die koennte auch ueberraschen.


    Die CAT und die Revett ( RVM) steigen aus dem Bett.


    Paramount und Samex laufen bestens, der Film faengt erst an ""To be or NOT to be"". :D


    Gnight


    XEX

    Das sind wir ja gewohnt Lucky, meinst du da springt nichts raus wenn Bob ein Editorial schreibt.
    Wenn man die AGQ.V schon vorher hat kann man nach seinen super bericht wieder verkaufen. So gleicht sich das wieder aus. :D
    Hommel ist der beste Verkaeufer, bei dem muss man besonders aufpassen.
    Mir kommt so vor er verkauft dann seine Aktien nachdem er seine promotion gemacht hat.


    Cést la vie


    Gruss


    Eldo

    Bob Moriarty meint es ist Zeit zu kaufen.


    In my view it gives the best measure of investor psychology concerning gold and the gold shares. Right now it is saying we are in the second best period in the last three years to be buying gold and gold shares.


    The price of gold has made a perfectly normal correction for over a month and I think the chart is saying it's time to buy...... :rolleyes:



    http://www.321gold.com/editori…iarty/moriarty052307.html

    Rick Ackerman....avoid false signals :rolleyes:


    Gold has chastised and disappointed bulls so many times since last May that we want to be quite certain of our indicators before sounding the all-clear. Unfortunately, the coldly mechanical Hidden Pivot method that we use to forecast price trends has mostly glum things to say about bullion at the moment. Yes, that could change in as little as a day or two if certain things were to occur even on the lesser charts. But as of yet there have been no such signs to warrant even cautious optimism, let alone an outpouring of bullish predictions. The chart below, of Comex June Gold shows why. ...see chart below.


    Notice how yesterday’s rally from point ‘A’ failed to surpass any of the visually distinctive peaks that had occurred over the previous week. In our experience, important rallies almost invariably begin with a thrust that surpasses two or more prior peaks on the intraday charts. Moreover, if those peaks were etched on the way down, the impulsive thrust that has surpassed them is properly regarded as having been even more impressive. Peaks #2-#5 in the chart above illustrate these “external” peaks, while #1 is a less-imposing “internal” peak. Definitions aside, yesterday’s tentative stab did not exceed much of anything, and we take that to imply that gold bugs shouldn’t get their hopes too high, at least not right now.



    Please note, however, that it would take a mere $10 rally to blow past no fewer than four of those peaks -- twice the minimum “priors” we require to turn us bullish for the near- to intermediate-term. An impulse leg that impales four previous peaks without, so to speak, drawing a breath, would imply that a far more powerful eruption is percolating below the service. We’d be bullish as all get-out were such an event to have occurred by today’s closing bell.


    But until such time as this occurs, we must hold our bullish effusions in reserve.


    http://news.goldseek.com/RickAckerman/1179846000.php

    May 22 – Gold $658.80 down $3.80 - Silver $12.89 down 14 cents


    The Jury Is Still Out


    "It has long been an axiom of mine that the little things are infinitely the most important." --- Sir Arthur Conan Doyle


    GO GATA!


    The AM Fix came in at $663.50, up 90 cents over the prior Comex close, indicating that despite the flood of central bank/GLD gold hitting the market, the cash market remains firm.


    However, The Gold Cartel has no intention of letting gold move right back up if they have their say. To help their "say" they go to the Comex in a continuing effort to turn funds and specs into sellers via their derivatives operations. X(


    It’s not working to the degree they are used to. While certain funds are dumping, other specs are jumping in on the buy side. Perhaps they are being joined by others who want to price gold on the long side, taking advantage of this cabal-induced sell off. The gold open interest went UP 2727 contracts to 408,718 on yesterday’s modest rally.


    Nonetheless, the sellers leaned on gold all session long in very quiet trading conditions. In the end it was enough to make gold close on its lows late in the day. The onus is back in the bulls' hands to turn the market around. Should The Gold Cartel be able to take out $655 and close gold below there, we are in trouble. :(



    All one has to do is make mention that silver has a chance to pop to the upside and it acts crummy soon thereafter. While gold made new lows on the close, silver closed on its lows.


    The silver open interest rose 274 contracts to 109,364.


    GATA’s James Turk (http://www.goldmoney.com.) is as sharp as they come. He took some time from his busy schedule in the Middle East to send his thoughts re the latest GLD activity:


    Bill


    I'm in Dubai, so with the time change and my meeting schedule, I'm not able to call, but I wanted to relay to you my thoughts about the big GLD drawdown, which is being taken as bearish news by some. The big GLD drawdown also has a bullish side to it. It all depends upon how one views GLD.


    If one views GLD as I do (that it's another tool of the gold cartel to manage the gold price), ......this big drawdown may mean that the gold price is getting ready for a big upside move. Friday's Commitment of Traders report (which was extraordinary because of the commercials adding to their longs while also covering shorts) is saying basically the same thing. In fact, I think the unusual trading activity in futures reported by the COT and the big gold drawdown within GLD are interrelated.


    The demand for physical metal has been surging, so as I see it, available metal in GLD was tapped over the past few weeks to meet this demand because not enough physical gold was available to the gold cartel from other sources, including central banks. In other words, in order to keep the gold price under pressure (and below the key $700 level) the gold cartel had to pull some of its own metal out of GLD to do it.


    This conclusion is built upon an important premise. The gold cartel carries an inventory of physical metal for its trading needs. When GLD came along, I believe the gold cartel put most if not all of its working inventory of metal into GLD enabling this weight of metal to do double duty by enabling the cartel to trade both its traditional physical side and the new GLD.


    In other words, to make use of GLD as a gold-price capping tool, the cartel has to trade GLD and own GLD shares. So over the past few weeks it turned in those shares and redeemed metal. This metal represents a large portion of the gold cartel's working inventory of physical metal, which they now have to re-build. That's very bullish because now the gold cartel is competing with other buyers of physical metal. So unless the central banks step up to the plate by putting more physical metal into the market, we're headed over $700 in my view, notwithstanding the usual seasonal factors which often cause the gold price to be weak at this time of the year.


    The GLD drawdown also explains the highly unusual COT report on Friday showing that dealers not only decreased their shorts, but increased their longs by 35 tonnes. The rule of thumb is that the forward market in gold is ten times bigger than the futures market. So assume that the cartel also added 350 tonnes of forwards as well. These numbers then start to get fairly close to the 469 tonnes taken out of GLD.


    In other words, the gold cartel went long in the paper market, thereby enabling them to make sure they at least still had claims to the same weight of gold they need for inventory, even if they didn't have the metal in hand. In this way, they are protected. They can call for deliveries as those contracts mature in case they cannot in the meantime re-build their inventory of physical metal from other sources before those contracts mature. Also, losing that much metal from inventory may have left the cartel with less upside price exposure than they wanted, having now flushed out the big trend-following tech funds. So to re-gain that price exposure, the gold cartel added longs in futures (and presumably forwards too, although we don't know for certain about the forwards because there is no reporting of forward activity like there is with futures through the COT report).


    The gold cartel cannot just rely on its shorts in the paper market (forwards, futures, options etc) to cap the gold price. They also have to continue feeding physical metal into the market to meet the demand for physical metal at these price levels because that demand is greater than the 205 tonnes of gold that mines are putting into the market each month.


    The physical demand for gold is higher than it would be if the gold price were not capped by the gold cartel. Therefore, the market is not in balance -- the gold price is too low for that to happen. So the demand for physical metal is higher at these levels than it would be if gold were trading at a higher (and market balancing) price. As a consequence of this imbalance, a big drawdown in GLD stocks at a time of high physical demand is to be expected if GLD is being used by the gold cartel as another price-capping tool.


    Remember, when it comes to markets, the obvious is not necessarily the right answer, particularly in a market as opaque as gold. So the big drawdown in the GLD gold stock is not necessarily bearish, even though at first blush a bearish view would seem to be the obvious conclusion.


    In the end, it comes down to one's own subjective judgement. What are you going believe and rely upon? The reported GLD stats, or an ounce of gold in your hand. ;)


    Regards
    James

    Seh das nicht so eng Goldesel, spass muss sein.
    Ich bin einiges gewohnt, haettest mal da sein muessen als die Attentaeter im Forum waren.
    Kopiere das Bild auf den Desktop und dann fuegst du es als Avantar ein bei deinem Profil.
    Viel Spass beim Kacken. :D


    Gnight


    XEX

    Goldesel


    Beim MAD war ich nie, die kuerzel lachte ich mir ueber viele Jahre an.
    Ausserdem komme ich nicht von drueben, da gehoerte es zum Volkssport unter Honeker. :D
    Ich hatte schon Juniors da wussten die meisten gar nicht was das ist.
    Und wie sie gelacht haben, heute lache ich.
    So was dauert eben bis man die richtigen Juniors beisammen hat.
    Schau mal im Junior thread am Anfang an, dann siehts du was dazukam.
    Solange die Belehnung stimmt leihen die, wenn nicht gibt man eine gewisse Zeit selbst zu liquidieren und auszugleichen.
    Meistens dauert eine Korrektur nicht laenger als 20 Tage, oft hat mich die Zeit wieder gerettet.
    Je nach Aktien und physischen Gold im Depot hat man einen gewissen Prozentsatz dem man gibt auf den aktuellen Depotwert.
    Bei mir sind es 46%, also 6% Luft haben ich noch uebrig in diesen Tsunami.
    Das heisst HUI unter 300 dann komme ich wieder ins schwitzen.
    Sicher ist es risikoreich, so ist mein Leben und soweit hat es sich gelohnt diese Strategie zu betreiben.
    Du musst nur mehr machen als die Banker Zinsen verlangen dann passt das schon.



    Ps. nimm dir doch das bild als avantar

    Value, das ganze laeuft auf 40% pump.. :D
    Da kenne ich nix, weg mit dem Papierl !
    Was meinst wie ich den Depotwert verzehnfacht habe nach 12 Jahren.
    Nur so.....bis jetzt klappt das noch.
    Die 3.5% Zinsen, darauf backe ich mir ein Ei.


    Servus


    XEX

    Zitat

    Original von Edel Man
    Silber hatte einen Abtauchversuch mit 12,76 $,SK NY.


    Aber nicht nachhaltig, wie man den Charts entnehmen kann:


    Selbst ein vorübergehendes Unterschreiten der 200MA wäre noch akzeptabel.


    Akzeptieren muss man es, brauchen tue ich es nicht, Edel. :D


    IMO, wir sind aus dem groebsten raus.


    Have a nice day =)


    XEX

    Auf mich, Dau 2006 :D


    Lustig wird es bestimmt nicht, da gebe ich Dir recht.


    Asien ist der neue Platz, die schiessen die Amis und die EU in den Wind.


    Hier schreibt einer:


    A hedged portfolio is advised.


    My recommended global portfolio for a US dollar-based investor would be: 5 per cent in German physical property, commercial and residential; 10 per cent in Japanese equities, weighted according to my Japan thematic portfolio; 15 per cent in Asia ex-Japan equities, weighted according to my Asia ex-Japan thematic portfolio; 5 per cent in Asian physical property, including Japan; commercial and residential; 20 per cent in unhedged gold mining stocks; 20 per cent in gold bullion; 15 per cent Singapore dollar cash; 10 per cent Japanese Yen or CAD cash.


    Oder du nimmst die alte Judenweisheit und steckts jeweils ein drittel in Cash, Gold und Immobilien dann haltet man auch einige Krisen aus.


    Das hat mir schon in jungen Jahren mein Vater gesagt.