Beiträge von Eldorado

Eldorado · 24. August 2006

Bitterroot heute aufgestockt (BTT.V)

Bitterroot Resources Ltd. provides investors with multi-commodity, North American mineral exploration exposure. In British Columbia, the Company has the option top earn a 75 percent interest in the Mineral Creek high-grade gold project, which covers 55 square kilometres near Port Alberni, BC (see maps below and May 10, 2005 news release). Four target areas with known bonanza-style gold mineralization will be tested by drilling or bulk sampling in 2005. Bitterroot is also also exploring the GK Gold/Silver Project, near Beaverdell in south-central BC.
In Michigan, Bitterroot owns recorded mineral title interests in approximately 461 square miles of lands and has entered into an exploration joint venture with Cameco Corporation covering a 700 square mile area of interest. The Company also leases over 1,800 acres of mineral rights from the State of Michigan and has been granted prospecting permits covering 3,480 acres of US federally-owned mineral rights.

http://www.bitterrootresources.com/s/Home.asp

Eldorado · 24. August 2006

Richtlinie 0.29 Euro pro gramm,mehr kriegst nicht

Eldorado · 24. August 2006

Gold Does Not Run Its Own Course

By Marino G. Pieterse

August 24, 2006

http://www.goldletterint.com

Since having increased within two years by 25% from $ 400 to $ 500 early December 2005, the gold price showed a strong boost in the first five months of this year reaching a high of $ 725,75 on May 12, an increase of 40% within just four and a half months.

Considering the balance in demand and supply, which both showed a 5% increase in 2005, only a strong rise in demand in 2006 would justify the steep price increase. While the World Gold Council did expect growing investment demand to remain the main driver for a further gold price increase in 2006, the price sensitivity of higher gold prices on demand has been greatly underestimated. Recently published figures by the World Gold Council show that implied net retail investment (bars & coins, other and ETF's) declined from 298 tonnes in the first quarter of 2006 to 129 tonnes in the second quarter of 2006, including a significant drop in ETF's demand from 109 tonnes to 39 tonnes.

During the second quarter of 2006 jewellery demand, which is representing 60% of total demand, remained relatively stable with an increase of 9 tonnes to 541 tonnes compared to the first quarter, but declined 28 tonnes compared to the fourth quarter of 2005 and a robust 233 tonnes compared to the second quarter of 2005.

These figures demonstrate that retail investment demand has even been more price sensitive to higher gold prices than jewellery demand. Because the latter being by far the main source of demand, might have accustomed to the current price level of around $ 620, I expect that a new buying momentum has been created. This could be underpinned by demand of ETF's picking up again in the second half of the year to a targeted quarterly level of 100-120 tonnes.

With jewellery demand having declined 408 tonnes to 1,073 tonnes and implied net investments having declined 76 tonnes in the first half year of 2006 compared to the first half of 2005, it should be evident that considering the strong gold price increase of 40% in the first five months of 2006, gold didn't run its own course.

As such, the substantial correction of 22% in conjunction with the correction of the overall metal markets, to an intermediate low of $ 567 at June 20, just five weeks after having topped a high of $ 725 had been reached, is really surprising.

The good news is that the gold price has bottomed out in June and has recovered to well above $ 600 again, thereby underpinning my opinion that the odds are in favour for a renewed growth in demand.

Eldorado · 24. August 2006

Dear Members,

Today will be a very quiet day and one can therefore just enjoy watching the market or do some other pending work without doing much in the market as the market will be very boring today. Grains could however bring some excitement.

Metals will trade sideway therefore avoid trading them. Tomorrow is likely to be quite an interesting day and you should thus wait for my update on metals. Tueday recommended selling copper and gold around $628.80 paid nicly.

Today grains should move up though it is Thursday. If they manage to do this, then I see a sharp rising.

S&P AND DOW will move sideway but they should close high so don't remain on short- this is what Mars and Jupiter are showing. S&P is trading at 1295, and around the 1294/3 level will be good buying for the short-term.

Coffee and cotton should move sideway and therefore those who want to book profit can do that. I will however wait for the next two more days.

I recommend holding sell position in the Euro and Swiss Franc, negative day for other currencies, while remaining positive for the dollar. Sell the Australian dollar, which is trading at 0.7635.

PLEASE WAIT FOR TOMORROW’S UPDATE ON METALS, CURRENCIES AND ALL OTHER AREAS, AS INDICATIONS ARE THAT IT COULD BE QUITE INTERESTING.

ALERT

Finally, today there was some interesting news to the effect that Pluto has been demoted as a planet. I have never featured Pluto in my studies for predicting the market, and this will therefore not result to any changes in my theory. Indeed there are some who used to be surprised when I mentioned that I don’t consider Pluto, Neptune and Uranus in my study as planets.
More information on this can be found at: http://WWW.CNN.COM OR http://www.cnn.com/2006/TECH/space/08/24/pluto.ap/index.html

Thanks & God Bless
Mahendra, Thursday, 9.30am EST
*********************************

Dear Members,

Since we bought soy and corn they are trading around the same level and we are looking for a turn-around, which should be a big one. Meanwhile we’ll keep ourselves ready to book profit - I will update you on that.

Today's trades:

We will sell the market S&P (currently at 1301) or Dow again today in opening and look for 6 to 7 points gain and book it.

Metals will trade higher but I expect to book profit in copper, therefore trade accordingly. Today's best trade will be to sell copper. September copper is trading at $352.80 and I will let know when to buy or you can buy 5 points down from here we should see today only.

Gold may also move up to $629.50 and from there it will come down, avoid silver. Sell only copper and gold at higher side.

We booked profit in pound and today is time to sell 1 contract of EURO at $1.2848 and Swiss Franc 0.8141.

Coffee went up quite nicely and made more than what we should be making in short-term on our investment, but I will wait for two more days.

These should be today's trades.

A reminder of this week’s newsletter;

It is very important that gold trades positive from Tuesday and for the rest of the week. Failure to achieve this may bring about a short-term bear trend that could force gold prices to go below $600.

I am happy to know that the daily update is helping in trading and I will therefore continue to send it as usual everyday before the market opens.

The Trading Range for gold will be $628.80 to 607.20 and it looks like it will move up and down a minimum three times within this range, therefore trade accordingly. If it breaks down, then you should get out from the position. You can start the week with a small buying position.

Oil is trading down and it should – The Newsletter says "The Trading Range for crude oil will be $71.80 to $67.80 and you can start the week with selling on rising (September contract).

Thanks & God Bless

Sharma Mahendra, Wedneday, 09.30am EST

Eldorado · 24. August 2006

frr

Thanx,lets see what Joe has got in his defence against Henderson.
Anyhow ,it won't be easy...

Cheers

Eldo

Eldorado · 24. August 2006

Ich bin heute wieder in Stillwater (SWC) neu eingestiegen bei 9.25 USD.
Sieht aus jetzt kommt bald ein rebound.

Gruss

Eldo

Eldorado · 24. August 2006

Hier schreibt einer das Russia nun der fuehrende Oilproduzent ist.
http://www.rumormillnews.com/cgi-bin/forum.cgi?read=92259

Eldorado · 24. August 2006

Hallo Edel

Danke fuer den link, der passt gut dazu zum Thema LNG.
Und dort habe ich gleich eine gefunden die grabsche ich mir heute.

Cheers

Eldo

Eldorado · 24. August 2006

Thanks Value, ich bin noch am auspacken und muss mich erstmal durchlesen was ihr so in den letzten 9 Wochen geschrieben habt.
Mische bald wieder mit bei der Schnaeppchenjagd :D....und der POG und HUIiiiii geht wieder rauf.

Have a nice day

Mfg

Eldo

Ps... neues vom Major dem alten Ferkel...
Ein Bericht aus China:
Shenzhen (bei HongKong)
ist soeben erschienen und kann hier angesehen werden:

http://www.major-grubert.com/berichte/shenzhen/

Es ist ein Kurzbericht mit etwa 100 Fotos.

Eldorado · 24. August 2006

;(Alter Schnee von gestern.
Bitte mal hier threads suchen bevor man wieder das selbe Thema erneut aufrollt und die Hauptseite dadurch unuebersichtlich macht.

...Thanx

Mfg

Eldo

http://goldseitenforum.de/thread.php?threadid=2345

Eldorado · 23. August 2006

No wonder !

CrimeExpo: 43,000 Murders in S.Africa Annually

Interpol is the source of this figure.. The SA gov't says 19,000 murders each year

..

South AfricaCrime 'a major problem

'2006-08-23

South Africa has acknowledged that the country's crime rate is a major concern ahead of the 2010 soccer World Cup. Cape Town - The government on Wednesday acknowledged that the country's crime rate was a major concern ahead of its hosting of the soccer World Cup in 2010.

Patrick Matlou, deputy head of the national tourism department, told lawmakers during a briefing on preparations for the tournament that a detailed survey of crime-fighting technology was already under way in a bid to allay fears.

"As South Africa, we recognise this is a major problem ... both at a perception level and at a reality level," said Matlou.

"The challenge ... is to ensure that we overcome these issues, both at a marketing level and by ensuring that people are safe, feel safe, when they come here."

National crime statistics showed that nearly 19 000 murders were reported in the country of 47 million over 2004-2005, a 5.2% drop from 2003/2004.

South Africa has one of the highest rape statistics worldwide - more than 55 000 cases were reported by police last year.

President Thabo Mbeki has expressed his irritation at media reports which have questioned the safety of South Africa as a World Cup venue.

Matlou told MPs that about 445 000 foreign tourists were expected to flock to the country for the tournament - the first time that it has been staged in Africa.

Total revenue was expected to top R11bn, he added.

Cape Town - Almost half of the rapes in Cape Town's Khayelitsha township involved girls under 14, with the youngest survivor aged one and the oldest a grandmother aged 76, according to data from a dedicated rape centre on Wednesday.
In its first-year report - August 2005 to July 2006 - the Simelela Rape Survivors Centre treated 743 cases, an average of two to three a day.

The area is recognised as having one of the highest rates of rape in South Africa.

Eldorado · 23. August 2006

No wonder !

...

South AfricaCrime 'a major problem