Beiträge von Eldorado

    Tschonko, ich sah gerade ein Interview mit dem CEO von Silver Wheaton.
    Das Konzept von denen als der einzige ""Pure Silver Player"" ist super.
    Da sie keine Mine sind und nicht produzieren ist das Risiko geringer.
    Die halten sogar einen 4 Dollar PoG aus wenns drauf ankommt.
    Dort werde ich noch mehr aufladen sobald ich kann.$$$$ :D


    Servus, days of reckoning right now.


    XEX

    Sorry, mir faellt noch ein Witz ein der eigentlich in den Witze thread gehoert.


    Was haben ein Bungee Jump und ein B-Job einer 80zig jaehrigen gemeinsam ?


    ....Man darf nicht nach unten schauen ! :D


    Genauso ist es jetzt mit den PoG/PoS und deren Aktien.

    nodollar


    So einen ""event"" hatte mir als Gold bei 730 war, jetzt sind die wieder am Zug.


    Und so geht der Schlagabtausch weiter bis einer liegen bleibt wie bei einem Boxkampf.
    Mit einer Druckmaschine (Doping) tut sich das alles leichter, erst Recht wenn die eigenen Medien die Richter spielen wer nun gewinnen wird.


    Its still a long way to go !


    Heute hauen sie jedenfalls schon mit aller Gewalt vor der Comex kraeftig zu.


    Um drei Uhr kommt dann Verstaerkung, die wollen nun mit allen Mitteln die letzten optimistischen Goldbugs verjagen.

    Die Zentralbanken sind die Drahtzieher,die stecken doch alle unter einer Decke. Die lassen Geld drucken bis ins Uferlose und kassieren nun mehr Zinsen.
    In einigen Jahen koennten wir sogar 10% Leitzinsen sehen so geht das weiter. Die Inflation ist dann mindestens das doppelte,aber nicht in ihren Statistics. :D


    Egal ob BOJ, EZB, FED,BOE, die beschuetzen ihre Tochtergesellschaften
    wie JPN die mit Deriviaten von einer trillion Dollar diese Waehrungen stuetzen.


    EINE MAFIA !! X(

    Saccard


    ""Erstmal US Bonds,ein Kautabak und Weinhersteller mit 5.2% Dividendenrendite und eine amerikanische Scheckdruckerei mit 7.5% Dividendenrendite"" ....


    Auf was du nicht alles kommst ? :D


    Bonds ist nichts fuer mich, die Inflation von 3.8% und Gebuehren lassen da nicht viel uebrig. Der Dollar ist kurzfristig unberechenbar.
    Forexgeschaefte mache ich selten, von mir aus soll der Dollar gegenueber den Loonie nun stark ansteigen dann wechsel ich Dollar fuer CAD die im heftig im minus sind.


    Vorsichtig wird dann jeder wenn es so runter geht wie bisher.


    Sicher, diversifizieren muss man, ich habe es gemacht, Diverse Aktien wie Suez, VE, Bank of China,Kohleaktien,KEP..etc. mit 9%. (-5.9%)Depotwert


    Uranaktien mit 10% (-3.5%)


    Oil/Gas Aktien mit 12%(-5.5%)


    Solar 8)... :( mit 4% Depotwerteinsatz..ein Sonnenbrand bis jetzt mit ( -16%)


    PM Minen und Aktien wie BHP...mit 56% (+25%)


    Physisch Gold mit 18% ( +28%)


    Fazit: alles ist gefallen in den letzten Wochen !!! :(


    Man kann momentan ueberall einkaufen, das ganze ist ein Lottospiel oder mit einer Fahrt im Nebel zu vergleichen auf Strassen wo Glatteis vorkommt.


    Im Grunde genommen wer an Goldpreise von 1500 USD glaubt der kann nichts falsch machen wenn er in Stufen bei jeder Korrektur kauft selbst wenn er den absoluten Tiefpunkt jeder Phase nicht erwischt um mindestens 20% physisch Gold zu halten fuer weitere Krisenfaelle.


    Das selbe gilt fuer physisch Silber, das mir aber zu klobig ist und habe keinen Bock es zu polieren.
    Bis auf ein paar Silberdraehte zum Kolloid herstellen und ein paar Schmuckstuecke halte ich kein Silber zu hause.
    Dann besser ein Instrument wie die CEF oder ETF was aber nicht mein Fall ist.


    Was ich aber machen werde ist das Gewinne von den Aktien in physische Ware umgetauscht werden und mein Ratio auf min 33% steigt.


    Eine alte Judenweisheit fuer Notfaelle immer ein drittel von Immobilien, Gold, und Cash in der richtigen Waehrung.


    Beim letzten denke ich mir CAD und Singapore Dollar.
    Der Rubel, Malaysia Rupee nach einer Entkoppellung vom USD sowie der CNY in einigen Jahren sind eine Anlage bzw. Bonds eher wert als der USD IMO.


    Im grunde genommen alles wieder Papier das leicht brennen kann wenn Krieg herrscht oder Maerkte zusammenbrechen.


    IMO bis zum Ende dieser Woche legt sich der Nebel und die Tatsachen liegen dann auf den Tisch was nun richtig oder falsch war.


    Gruss


    Eldo

    Saccard


    Wie du weisst bin ich kein Fan von Afrika Minen da ich die Pappenheimer gut kenne.
    Bei Goldfields mache ich eine Ausnahme und fuehre sie im Depot.
    Erstens kenne ich persoenlich Ian Cockerill mit dem ich hin und wieder ueber e-mail kontakt habe, zweitens sind die diversifiziert im Ausland.
    Ein Randpreis von 9 Dollar ist moeglich, wobei die 7 Dollar erstmal erscheinen muessen. Nach wie vor sind viele der Ansicht das Afrika ein goldener Boden fuer Investitionen sind bei dem World Economic Forum das in Cape Town im moment ist sind die Teilhaber vom Anblick zum Tafelberg zu sehr hingerissen und sehen nicht was unterhalb eigentlich los ist.


    PS:


    Der Tag faengt ja beschissen an wenn ich mir den PoG und PoS anschaue, zu kotzen! ;(
    Die Kauefer streiken oder warten noch ab, es kommt meistens anders als man denkt, jetzt kann man bei voller Investition das ganze nur mehr aussitzen.
    Es kommt dann aufs Sitzfleisch an, vorsichtshalber habe ich mir ein Kissen runtergeschoben fuer die naechsten Wochen downhill-sideway race.
    Freitag Abend weiss ich endgueltig bescheid wie die Tendenz weiter geht.
    Die Unterstuetzungslinie bei Silber von 11.70 ist jetzt auch gebrochen, es kann nun auf die USD 11.10 gehen.
    Goldman Sachs ist mit der Arbeit noch nicht fertig sie wollen mehr Kapitulationen der Gold/Silberbugs mit der Grossoffensive seit 11.Mai.
    Was will man schon als kleiner Mann gegen diese Freimaurer machen ausser zuschaun/kaufen bis sie ""fertig"" sind.
    Aber das dauert noch Jahre bis das Dollar/USA Imperium zerfaellt.
    Jedesmal wenn man glaubt sie sind fertig kommen die wieder auf die Beine und schlagen zu mit allen Tricks in der Kiste.
    Die einzige Hoffnung ist nun physischer Bedarf steigt bei den Preisen, Vladimir Putin freut sich bestimmt ueber den PoG wenn er morgen die Boerse mit einen ""Rubeltrade"" eroeffnet.


    Good Luck to everybody, anyway, anyhow !


    XEX

    Lupo bist sprachlos ??.... ich auch !


    Double-Counting of Gold by Central Banks
    May Have Aided the Price Suppression


    By Sangita Shah
    Financial Express, Mumbai
    Tuesday, June 6, 2006

    http://www.financialexpress.co…ory.php?content_id=129715

    The International Monetary Fund (IMF) apparently directed
    member central banks to double-count their gold when it had
    been leased or swapped or otherwise had left a central
    bank's vault or possession.


    Such a provision for the central banks may have led to the
    gold price suppression that lasted between 1989-2001,
    after which the price started moving up.

    Gold hit a 26-year high of $732 an ounce on May 12. Gold
    has dropped 11% since then. Gold has not yet been able to
    cross the high of $830 mark it hit in 1988.

    The central bank of the United States in particular has
    been seen as the primary mover in suppressing the gold price
    by lending the gold for trading without accounting for it. However, there have been no concrete proofs in this regard.

    The paper "Treatment of Gold Swaps and Gold Deposits
    (Loans)" written by Hidetoshi Takeda of the IMF's
    Statistics Department and published in April acknowledges
    at length the potential for double-counting central bank
    gold under current IMF rules and suggests rules to prevent
    it.

    The research paper commissioned by the IMF appears to
    confirm the U.S.-based Gold Anti-Trust Action (GATA)
    Committee's longstanding complaint that the IMF has had
    been active on this front.

    Responding to the research paper, GATA consultant
    Andrew Hepburn, who discovered the double-counting of
    leased and swapped gold at several IMF-member central
    banks, remarked that even in arranging to correct the gold deposit books of its members, the IMF still would allow
    them to be less than forthright.

    Mr. Hepburn noted IMF guidelines maintaining that "to
    qualify as reserve assets, gold deposits must be available
    upon demand to the monetary authorities." But, Mr. Hepburn added, central banks have lent so much gold to suppress its price and make it less competitive as a currency that their
    gold loans now far exceed annual gold mine production, and
    so the loaned gold cannot practically be repaid "upon
    demand." Recovering the central banks' loaned gold without exploding the gold market would take years.

    In any case, the IMF's acknowledgement of the double-counting
    of loaned or swapped central bank gold is more evidence of central bank intervention in the gold market, Chris Powell, secretary/treasurer of GATA, said in his dispatch.

    -END-

    ;)Frr


    Fuer diesen dummen und schaedlichen Zug hat er mich als Fan verloren, ich pfeiff auf sein Image, dieser Hipshooter ! X(
    Das er so bloed ist ist mir neu aber wie du sagst vielleicht bezweckt er etwas damit, ...einen guenstigerer Kauf der Zwerge ueber einen anderen Weg ???
    Zum Glueck habe ich keine Zwerge in letzter Zeit gekauft, die ich habe sind noch im plus nach diesen nonsense.


    Cheers


    XEX

    Russia leading global 'stealth demand' for gold


    The world's big money brigade is snapping up gold bullion at eight times the rate originally thought, according to a report by UBS, the world's biggest gold trader.


    The huge sums entering precious metals below the radar are likely to help to put a floor under the gold price after the dramatic fall of $112 an ounce in late May - the sharpest correction since the bull market began five years ago.


    The Swiss bank said information from its trading floor suggested that funds and investors were allocating 20pc of their commodity portfolios to precious metals....... ;)


    UBS warned that gold may have further to fall, followed by a period of sideways trading before embarking on another powerful upward leg of the bull-market rally.


    Mr Reade said the immediate risk was a global economic downturn, dragging gold down in an avalanche sale of all commodities.


    But if the global economy turns nasty, gold will ultimately decouple from its base metal cousins and regain its usual role as a safe haven currency and defence against dollar disorder. "The bottom line is liquidation first, haven later," he said. ;)




    http://www.telegraph.co.uk/mon…y/2006/06/05/cnrussia.xml

    End of Cheap Oil !


    Puru Saxena
    June 7th, 2006


    Let me put it succinctly, our world faces a dire energy crisis based on supply and demand. Over the coming years, I expect the price of crude oil to ignite! 8o
    How high will it go?
    Frankly, $200 per barrel wouldn’t surprise me.
    Over the past 9 months, the price of crude oil has consolidated and gone nowhere, thereby frustrating the bulls. Figure 2 shows that it may be getting ready for the next advance in its bull-market. Note that the RSI and MACD indicators at the top and bottom of the chart are now turning up as defined by the red arrows. Previously, whenever these indicators turned up, the price of crude rallied. Soon, the US will face its “Hurricane Season” and if last year’s track-record is any guide, oil may easily reach $100 per barrel on supply disruptions.


    Moreover, I also anticipate natural gas, uranium, ethanol as well as other alternative energy prices to rise in the future. In summary, energy should form a core position of your investment portfolio as this is the only protection we have from the energy shortages and the huge price increases we will witness as a result of expensive oil.


    Our firm has invested a large chunk of our managed accounts to the energy complex. As far as possible, we’ve bought the underlying commodities rather than owning stocks of energy-producing companies. Finally, we’ve also invested in stuff like sugar, corn and wheat, which will be in great demand for the production of ethanol and bio-diesel.





    http://www.321energy.com/editorials/saxena/saxena060706.html

    Will the Fed Kill Gold? :rolleyes:


    -- Posted Tuesday, 6 June 2006


    So Bernanke got appointed and gold bulls cheered. After all, this was the guy who threatened to fight deflation by running the printing press while dropping money out of helicopters. Gold going to four digits and never looking back was a slam dunk, right? :rolleyes:


    Not so fast.....


    Central bankers are, above all else, politicians. And shrewd politicians will do whatever is politically more popular at the time. The moment Bernanke took office, the talking heads in the media kept referring to Bernanke as needing to prove his “inflation fighting credentials” before the rate hikes could end. So whether speaking on Capitol Hill or elsewhere, the spin from Bernanke was something like, “The economy is wonderful, but we just need to make sure inflation doesn’t get out of control.”


    As winter turned into spring, Wall Street liked Bernanke’s tone and the stock market marched higher. Bernanke even went as far as to give clues that the rate hikes would be ending soon. Wall Street really liked this and the Dow nearly rallied to an all-time high. But in April, the new Fed Chairman started to mess up when he told a CNBC reporter at a dinner party that the public had been misreading him. A few weeks (and several hundred lost Dow points) later, Bernanke admitted to Congress that he should’ve been more careful when talking about monetary policy off the record. He called it a “lapse of judgment” on his part.


    At the same time the stock market was topping in early May, the commodity markets were zooming out of control. Jumps of 5% in one day in the prices of gold and silver reminded us of 1979.


    All of the sudden, inflation became the talk of the town in Washington and on Wall Street. Ah, what a difference four years make! :D


    So where are we now?


    Stocks, real estate and commodities have cooled off over the last several weeks yet most people still expect Bernanke to hike rates again this summer. A hike in late June would indeed solidify Bernanke’s inflation fighting credentials – or at least that is what the media wants you to think.


    We like to take a much longer term view of things at the Texas Hedge Report. Yes, the short term politics of the day call for Bernanke to stop inflation. But in the long run of history, the public cares more about full employment and rising financial asset prices than they do about rising commodity prices. High food and energy prices mean protests against oil companies accompanied by dog & pony shows in Congress. High unemployment means low approval ratings, revolution and upheaval. The Fed will hike until something in the economy breaks – maybe we are starting to see that today in the form of the equity and housing markets.


    Bernanke says he watches the gold price everyday, so as long as he is trying to be a tough guy, we may see gold continue to take a pause. But eventually the employment situation will worsen and public fears about rising commodity prices will be replaced by fears of being laid off.


    While we are not in the business of predicting monetary policy, we wouldn’t be surprised if Bernanke hikes once more and then says he’s done. We also wouldn’t be surprised if the stock market celebrated this news with a huge rally. That said, an end to the rate hikes coupled with the Dollar-bearish macro fundamentals mean that good things are in store for the precious metals.


    The Fed may win this round against gold, but gold will eventually win the fight. :]



    June 7, 2006


    Todd Stein & Steven McIntyre
    http://news.goldseek.com/TexasHedge/1149618389.php
    Texas Hedge Report

    GOLD: CASH: 638.85; AUGUST GOLD: 643.60


    JUNE 6, 03:15 ET : ALL PRICES BELOW BASIS CASH


    1. Before I proceed to where I believe we are in the greatest commodities and gold bull market in economic history, I want to state unequivocally that we have much further to go to the upside in the price of gold, and remain very bullish in the big picture as I have been for many years. What follows below, is an attempt to examine the probabilities of whether we have finished the correction at 618.30 on June 1 from the $731.25 high of May 12 or whether there is more downside left, and if so, what would be the most likely targets.


    2. I wrote the preface so that you could better understand what I am about to write; there are three possibilities as the what the gold market is retracing on this correction:


    i. the move from 590.10 low on April 13 to the high of 731.25. Under this scenario, the correction should be very deep and theoretically not take out 604.70.


    ii. the move from 533.30 low of March 10 to the high of 731.25. Under this scenario, the correction should also be very deep and have extreme targets of 597 and 609.50.


    iii. the move from 371.00 low of May 10, 2004 to the high of 731.25. This is just as likely a possibility as i. and ii. above and the correction could be ANY fib retracement in theory, especially when you consider that this is destined to be the greatest gold bull market in history and the worsening condition of the dollar ( more on that below ). For your info, the .382 ret. is at 593.60 and the .50 ret. is at 551.13. We have already taken out the .236 ret which is at 646.23. In terms of time, we would be correcting a 24 month move and it would be quite extraordinary for the correction to last only a few weeks but stranger things have happened although probabilities would suggest a correction lasting longer than that. What it would normally imply is a sideways correction from the high to the low ( whatever that happens to be, such as 618.30 or possibly a bit lower lasting for some time and then a resumption of the bull market.


    From the above, we can conclude that the market has a convergence of POTENTIAL targets between 593 to 609.50.
    As of now, I don't believe that we would take out 593. Do we have to go to these levels? The answer is NO but it at least defines what I believe is the maximum downside potential for the gold market's correction from the 731.25 high.


    When I analyze a market technically, I use both a bottom to top approach, which is what I have done above, and an analysis from the top down, i.e.731.25, to the present. I ran out of gas this morning ( as you see above, I started this at 03:15 ) and I am resuming my analysis at 14:18, June 6. Here is my analysis from the 731.25 high:


    i. we are in the very final leg down from the 731.25 high and we could have seen the low already at 618.30


    ii. interestingly enough, the targets for this last leg are from 630 to 595 which falls in closely to the max downside potential targets of 593 to 609.50 mentioned above using the bottom to up approach.


    iii. so far today, we have seen a low of 624.75 which obviously did not take out the previous recent low of 618.30 of June 1.


    iv. the daily momentum indicators are deeply oversold and I understand that the bullish sentiment indicators have fallen significantly; both of these conditions are a prelude to a move back up.


    v. the cash dollar index is doing a complex correction and retracing the move from 90.40 of April 3 to the low of 83.60 of May 15. This correction should be a shallow fib retracement in theory and this morning it had targets of 84.99 to 85.21 as possible targets and resistance. The high so far today is 84.95. Under the best of conditions for the US dollar, I would not expect it to take out 86.40 at any time before resuming its downtrend and breaking the 83.60 low. Thusly, we will, in the not distant future, reenter a period of dollar weakness and break the 83.60 low of May 15. Therefore, this should be supportive for gold and silver although don't expect, necessarily, a tick for tick relationship.


    I want to get this out to you as soon as possible as I sense from many emails that there is some amount of trepidation by the gold longs. I hope that what I have written above defines where we stand and what your potential downside exposure may be. I will write my analysis of silver within the next 72 hours as well as comments pertinent to our understanding of this correction and other markets that I am invested in ( especially currencies ). Don't forget that the fundamentals for gold and silver remain extremely bullish.

    @Gogh...Pele schiesst ein Tor ;)


    Saccard



    Keine Ahnung wie du rechnest, nicht mal konservativ/extrem siehst du 440/560 USD.
    Gold unter 600 USD kann ich mir einfach nicht vorstellen.
    Der USD Index hat noch Luft bis ca. 86.5 dann geht die wieder raus und Gold dreht dann sicher nach oben.


    Der HUI sollte wieder zwischen 325-340 liegen, dieses in den naechsten zwei Tagen....aber was bedeutet schon sollte. :D
    Die naechsten zwei Tage sind kritisch und sehr wichtig wie Tschonko sagt.
    Wenn hier keine Erholung kommt, dann Prost Mahlzeit fuer eine Weile.


    Lustig, gleich nach Ladenschluss in New York hupft der PoG gleich um 2 Dollar...z.Zt. 630.40 USD




    Gnight


    Eldo

    Gold falls as dollar gets Bernanke boost :rolleyes:...before the bust !


    SAN FRANCISCO (MarketWatch)


    -- Gold futures dropped as much as $17 an ounce Tuesday morning as the U.S. dollar moved higher against major rivals, after comments from Federal Reserve Chief Ben Bernanke on inflation were interpreted as signaling more interest rate hikes.