Beiträge von Eldorado

    @alle


    Herzlichen Dank fuer die lieben Geburtstagswuensche, mein Schwager hat mir ein SMS geschickt.


    Er schreibt ""Willkommen im Club der alten Saecke"" .. :D....


    Ich trage es mit Wuerde, ich meine die ""50"".


    Das Geburtstagsgeschenk sollte naechste Woche kommen wenn Gold, Silber und die PM Aktien wieder ansteigen.


    Das waere eine schoene Ueberraschung, die Charts die ich anschaue sehen zumindest danach aus.


    Ich wuensche Euch ebenso einen schoenen Tag. ;)



    Gruss


    Eldo

    May 26– Gold $650.80 up $2.50 – Silver $12.67 up 10 cents


    Goldman Sachs and JP Morgan Chase Gold Bombing Raid Fails :)


    "The real rulers in Washington are invisible and exercise power from behind the scenes." ---Supreme Court Justice Felix Frankfurter


    GO GATA!


    An IN YOUR FACE GOLD CARTEL performance by gold. What a turnaround. SO bullish!


    The other day I mentioned how gold ALWAYS goes down on market news emanating from Washington which should be bullish for the price. The move is ALWAYS counterintuitive. This morning was no exception.


    Gold’s continued recovery was moving along just fine, with the price up as much as $6, when this news hit the tape:


    Inflation Rises Above Fed Comfort Zone
    Friday May 26, 8:45 am ET
    By Martin Crutsinger, AP Economics Writer


    Incomes and Spending Up, but Inflation Rises Above Fed Comfort Zone


    WASHINGTON (AP) -- Consumer spending grew in April at the fastest pace in three months, supported by solid income growth. But in a worrisome development, a key gauge of inflation watched by the Federal Reserve posted the biggest increase in 13 months…


    -END-


    That was all the Orwellians needed to see to take gold down, in an attempt to defuse the inflation talk of the day. "Everything is fine in Stepfordville. See the gold price go down you robots. What inflation problem?" :D


    Gold was then hit for $15, falling all the way to $640.


    From a savvy fellow Café member:


    "I just spoke to the floor and surprisingly Goldman and JPM initiated the selling!"


    Enron is child’s play compared to the damage the top dogs at these two firms have done to unsuspecting and affected people all over the world. In time the gold scandal will be a top billing story and the Justice Department should go after them as much as they did the Enron people. One difference, and problem, with that. These executives will claim they were acting on behalf of the Fed and US Treasury.


    It will surprise no veteran Café member that the "worrisome" inflation number caused a HUGE bid for dollars by an "unknown entity." This "bid," causing the dollar to briefly soar, came out of nowhere and was set in motion as the price of gold was still up $4 to $5. US interest rates, on the other hand, barely budged, while the stock market kept its strength.


    Boy, are we getting a lot of mileage out of this one:


    "And last, the provision of international credits and joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful."


    By William R. White
    Economic Adviser
    BIS


    Today it was thought to be useful to send the dollar higher. It is that simple.


    In addition to the inflation news, well pre-advertised news of the Treasury Secretary’s forced resignation hit the tape last night. Can’t have gold going up and the dollar in the tank with rumblings circulating over the US Treasury. "Everything must be fine!"


    However, you know what they say about the best laid plans. The price break brought in a surge of buying, especially from the physical market. So much so gold was able to steadily climb back and go up on the day. The comeback was of the in your face variety to The Gold Cartel, which clearly wanted the price in dumpster today.


    The rally and close higher bodes well for next week. It shows other traders that The Gold Cartel is vulnerable as well as serving notice that gold is in high demand below $650.


    The gold open interest only rose 1065 contracts yesterday to 312,556. The specs have fled this market and continue to do so.


    The COT report on gold released this afternoon was very bullish. The large specs reduced their long positions by 19,526 contracts and reduced shorts by 4,467 contracts, while the commercials increased longs by 1,651 contacts while reducing shorts by 15,798 contracts. As MIDAS constantly brings to your attention, The Gold Cartel uses these raids to gradually extricate themselves from their short positions. This is why the open interest is so relatively low.


    My bet remains same … gold is on the move up again, shooting for $900 per ounce.


    June gold
    http://futures.tradingcharts.com/chart/GD/66


    Silver actually led the move back up today, going plus first after the early smash down.


    The silver open interest fell 1066 contracts to 109,280.


    Technically silver is composing itself after the sharp price drop and appears ready to move higher just as it did in April:


    July silver
    http://futures.tradingcharts.com/chart/SV/76


    The death of the copper market is greatly exaggerated. July finished the day up 10.75 cents to $3.8150. Aluminum closed up also.


    Crude oil put on another nickel to $71.37 per barrel.


    The "entity" buying drove the dollar up .60 to 85.19. The euro fell .80 to 127.22 and the yen sank 1.12 to 112.71. Once again we see the relationship between the dollar and gold is negligible. Although, it is fair to say that if the dollar had not been propped up by the Orwellians, the price of gold probably would have been much higher.


    -END-

    ;)Saccard......wie wahr, wie wahr !......deine Worte in meiner Version....



    Fakt ist jedenfalls, daß es so nicht weitergehen kann.


    Alles liegt in Trümmern..


    Nie vergessen: für uns ist es nur eine Korrektur, für die Aktien war es die Fahrt in die Hölle.


    Heute erst lief wieder was über Gold auf CNBC 8o :D


    Entweder man ist drin so wie ich oder draußen so wie du.


    Hinterher rennen bringt nichts, ein Zug faehrt schneller als ich laufen kann.


    Jedenfalls verdammt schwer keine Goldinvestments zu besitzen bei den Preisen.


    Siehst, das ist der Grund warum ich gekauft habe und weiterhin halte. ;)


    Mental rechne ich schon mit HUI-Ständen zwischen 360 und über 400 um mich an meinen Gewinnen zu erfreuen..


    Mir ist alles Recht ueber 330 beim HUI bis der Herbst beginnt.


    Dort sitzt mein Lungenautomat. ;(


    Einen Notaufstieg habe ich gelernt, ich bin ja Rescue Diver. :D


    So aehnliche Tauchgaenge habe ich schon miterlebt.


    Never panic heisst es auch beim Tauchen.



    Gruss


    Eldo


    Saccard


    Das du so ein Pessimist bist konnte ich mir auch nicht vorstellen. :(
    Ach, bis jetzt hatten wir keine ""saftige Korrektur"" :D
    HUI 395>302= (-23%) 8o... saftig genug fuer viele Goldbugs.
    Mach Dir nur selber Mut damit und rede Dir ein es war richtig zu kapitulieren.
    Naja, wenns Dir gut tut dann mache es.
    Hoffst nun wieder auf den Einstieg bei 270 HUI und Gold 490. :P :P
    Na dann warte mal weiter. :rolleyes:
    Der Zug ist abgefahren, du wirst teurer kaufen als du verkauft hast. IMO.
    Ich kann mich aber auch irren. :D viele stehen nun am Bahnhof manche sind schon im Zug, oder sind bereits ausgestiegen wie Du.


    Trotzdem entaeuscht von Dir, ich dachte du bist ein Goldbug mit Rueckrad.


    Go and buy Fiat Dollars, believe the COT Data, my advice to you !


    Ps: Ich hoffe auch du irrst dich saftig und ""gewaltig"" !


    Gnight


    Eldo

    Also kauft bloss kein Gold und Aktien bei den Preis !!!!! :D
    Sagt die Presse.... ich nicht.



    Von Joachim Reuter :rolleyes:


    Kaufen Sie jetzt kein Gold. Neuanleger sollten warten, bis aus der Spekulationsblase ein wenig Luft entweicht. :D :D


    Rund 20 Jahre lang konnten Investoren, die auf Gold setzten, damit praktisch nichts verdienen. Doch seit 2001 klettert der Preis für das Edelmetall zeitgleich mit dem aller Rohstoffe in immer neue Höhen. Vor allem in den vergangenen zwölf Monaten hat Gold enorm an Wert gewonnen: In dieser Zeit ist der Preis in Euro gerechnet um 70 Prozent gestiegen. Gold rangiert auf dem höchsten Stand seit 25 Jahren, derzeit auf rund 540 Euro pro Feinunze..... bla bla....


    Die Luft ist fast draussen, wo soll die Luft noch herkommen nach dem Abverkauf bis jetzt ?


    Gruss


    Eldo

    sidha


    Richtig, fuers erste mal abgeprallt,ein Trost fuer die early birds.
    HUI haelt sich gut, ich bin ebenso zufrieden.
    Man sieht wieder ganz klar, die Manipulation kommt aus Amerika.
    Der obrige Forbes Video Tom O´Brien speaking (Mr.Wait) ist Ami Bullshit, der redet von 18 Monate lang 575-720 und einen weiteren Rutsch von 16% bei den PM Aktien.
    I don't buy that crap, he wants more seller that's all.
    Sure this sucker buys long before the 270 HUI. :D


    You all have a nice weekend ;)


    Eldo

    Edel, ich denke mir das selbe und hoffe der hat Recht mit seiner Meinung.
    Der Psycho-Krieg geht weiter, so wie heute.
    Irgendwas passiert in den naechsten paar Tagen,es wird eine Ueberraschung, gut oder schlecht.
    Auch wenn ich zu frueh auf den Zug gehupft bin, mir ist es jetzt Wurst.
    Auf lange Zeit gesehen war es richtig, IMO.
    Es waere nuetzlich wenn man den genauen Zeitpunkt/Einstieg sieht.
    Also nach eigenen Gefuehl am besten.
    Spaetestens nach dem 19 Juni gehts rauf weil ich Urlaub mache. :D
    Valueman will mich jetzt schon schicken.


    We'll see !


    Wuensch Euch was ;)


    Eldo

    Some wait for this...... some buy now.... some do nothing....some sell more....... where do we really go from here ?????


    Nobody really knows because its a guess and nothing less.


    It needs a HUI 340 plus for at least one week to convince the ugly correction is over. IMO.


    On one side he says, buy now some favourites, one the other expect a 20% decline afterwards. :D .... Why buy, who wants to buy expensive ?


    Well, probably, it could, it might, its possible, but nobody says it will !


    So, they all keep their doors open with those words, those ""analysts"" and gurus out there.


    The average correction time since 2002 was about 35 days, IMO.


    For me, by the latest 16th June the correction will be over.


    Maybe its over allready, .....I hope !


    You have to follow your instincts, nobody rings the bell when its time to sell or buy.


    Cheers


    Eldo


    --------------------------------------------------------------------------------------------
    http://www.resourceinvestor.com/pebble.asp?relid=20108



    Don't Believe the Golden Bounce


    By Ben Abelson...sound Jewish ?
    25 May 2006 at 05:32 PM EDT



    NEW YORK (ResourceInvestor.com) -- The recent wicked correction in the commodity markets has been tough on many investors. While the “smart money” was taking profits through the months of April and May, newcomers and the CNBC crowd were probably among those most brutally fleeced in the downturn.


    But after a nearly 25% decline in the Amex Gold Bugs Index (HUI) in just a few weeks, bargain shoppers are starting to fill up their baskets on high-quality mining stocks. However, much like late-November holiday shoppers, buyers at today’s prices are probably a bit too early for the best sales. :rolleyes:


    The 10% uptick from the HUI’s trading lows in the past few days have likely encouraged buyers. ?(


    But with the HUI most recently trading the 330 range, and gold at around $650 per ounce, there still remains several reasons why the correction could slump another 20% before bottoming.


    Finally, in the past, each correction in the HUI has taken that index back down near the highs of the prior bull-run. Given that the index’s last major bull-top was around 260 in early 2004, there’s no reason to think the HUI won’t bottom down near this level.


    Based on every past correction, the HUI needs to correct further to before reaching its capitulation point. It seems dangerous to think it’s different this time.


    When and Where Will We See the Bottom?


    Given all of the above factors, it seems likely that the mining stocks have a few more weeks of moving downwards or sideways before a bottom is in. It’s pretty much impossible to make a call on when or where this will exactly occur. :D


    For example, the market could continue to decline sharply so that gold hits $600, the XAU goes to 115, and the HUI to 280.

    Alternatively, gold could head back up to $675, and the stocks could flatline for a while (allowing their moving averages to catch up) so that the HUI trades at 315 and the XAU at 130. Either example could meet the criteria described above, and could potentially signal a bottom.


    That isn’t to say that the coming bottom will shape up like either of these examples, but just serves to give investors a few insights to help make an accurate guess. :D
    The point, in either event, is to suggest that this market has further consolidations or declines before a solid bottom is in.


    After the Bottom


    Reaching a bottom, however, doesn’t necessarily mean that the stocks will bounce back to new highs. For example, after bottoming in May 2004, the XAU index didn’t surpass its prior highs until 18 months later. While I wouldn’t expect a upwards move to take as long this time around, given that we’re at a later stage in the bull market, in the next couple of months investors shouldn’t expect to see the regular days of 10% gains in the mining indices that we got used to in April and May.


    Common Sense in Play


    Finally, basic human psychology seems to suggest :rolleyes: that the bottom is not yet in. When was the last time that a major gold correction took just two weeks? With many market pundits still bullish on the gold stocks, and many individual investors still rushing into today’s ‘discounted’ shares, it seems like more people will need to throw up their hands in desperation and swear off gold stocks before we really see a bottom to the correction. ?(



    Conclusion


    If you can stand another 20% decline on your gold stocks, now may be an alright time to start nibbling on some of your favourites. ?( :D


    Just make sure to keep some powder dry if we see further declines. Given the extreme leverage involved, however, I would be very hesitant to buy long-dated calls or warrants at these price levels – many of these positions could easily be shaved in half if we see further declines. Overall, investors would do well to remember that making money isn’t just about buying successful mining companies – it’s about buying them at the right time! ;( ;(........ Who can ?????

    Bill Murphy says do your homework..... Radio 9 minutes



    May 24 - Bill has been the driving force behind GATA - and his team have worked for over 7 years to try and make sense of the Gold Markets.


    Listen to Bill explain the events of the day, with a look to the future. His message is: do your homework and also "stay the course" with your Junior Golds.
    This is a shakeout that has been expected.


    http://www.howestreet.com/gold…/mediaplayer?audio_id=319

    WHAT TO DO NOW?


    For those of you who are fully invested I realize that this can be a very anxious time. Many of you are new to the precious metals markets and base metals markets. Many of you allowed your emotions to make your investment decisions for you. As a result, many of you made purchases after stocks had run up near their highs. For those of you who fall into this category you must reexamine your thinking on where you believe the industries you have invested your money in will be six months to three years from now. If you feel the fundamentals of the industries your capital is invested in are in a bull market then you should shut your computer off and give yourself a much needed break.


    If you feel the bull market in the precious metals has ended then you probably need to move your money to greener pastures. As for me, I feel that the party is just getting started and I welcome the correction so that we can get it out of the way. Here again, the experienced investor realizes that most precious metal companies stalled long before gold prices peaked to the upside. The fact that the precious metal companies failed, in the end, to keep up with the ultimate rise in gold prices signaled to me that a correction was necessary, in the price of gold, for the precious metal stocks to continue their rallies.


    Once the price of gold corrects to the levels that it will seek and find; I believe that the precious metals companies will fully participate in the next move forward.


    I actually believe the precious metal companies will lead the next move forward......more


    http://www.gold-eagle.com/editorials_05/hoy052506.html

    Gold got clobbered yesterday, down $36 for June contracts. It was one of
    the largest one-day drops in many years. The metal has lost about $100
    from its high. Many people already think the bull market is over. The
    final spike of speculative fever, they say, took gold up to $730. Now, it
    is downhill from here on. As the price falls further - as it well may -
    more and more latecomers to the gold market will be discouraged. They will
    drop out along with the price. Even Daily Reckoning readers will begin to
    wonder. Maybe the dollar is for real and forever. Maybe the world economic
    system really is remarkably robust and flexible. Maybe gold really is a
    relic of the past ?.


    Thus is our faith tested. Not our faith in gold. We know what we think of
    gold - it is nothing but an inert metal. It says nothing. It performs no
    tricks or miracles. It never disappoints us. Nor does it ever really do
    anything to delight or entertain us. It just sits there like a cop in a
    squad car. He is of no particular use most of the time, but critically
    important occasionally. No, it is not in the metal that we put our faith;
    it is in man himself, generally, and central bankers and politicians in
    particular. We have an abiding faith that when temptation is set before
    them, they will do what such men have always done - they will go for it.


    When George W. Bush moved into the White House you could buy an ounce of
    gold for only $266. At the time, we thought the man from Texas was a
    conservative. He said he was. Little did we know he'd become the biggest
    spender of all time.


    Even if Bush had turned out to be a sensible president, gold would still
    have entered a bull market. These things are cyclical, after all. A
    20-year slump is bound, in the course of things, to turn around sooner or
    later. At the bottom of the slump, gold was a great bargain at $266. But
    now, with a boom underway, is it still a bargain at $637? That's what we
    are going to find out. Our guess is, yes and no. Maybe not compared to the
    price at which you may be able to buy it two months from now, if the
    correction continues. Maybe so, if the bull market storms ahead as we
    believe it will.


    If the correction follows the pattern of the price correction in the '70s
    bull market in gold, the price could even fall back to the $500 level.
    That would wipe out about half gold's rise from the day the neo-cons took
    over American government to the peak of gold hit two weeks ago, at $720.


    Five-hundred-dollar gold would still represent a solid profit for those
    who bought six years ago - it would double their investment. Our guess is
    that it would mark the frontier between two stages of a bull market, too.
    And finally, it would give those whose faith is strong one final
    opportunity to buy at a bargain price.


    You will recall how easy it was. From under $300 an ounce up to $500 an
    ounce, accumulating gold was simple. We set target prices, raising the
    hurdle $25 at a time, and buying whenever gold dipped back to hit the
    target. It was like climbing a set of stairs. But then, when gold rose
    above $500, it quickly left us behind. We kept waiting for the price to
    drop back to our target so we could buy more. Instead, it rose even
    higher. We missed $100 of gain, and then another $100 of gain. We felt
    like idiots. We had seen it coming, and still missed it. And then, when
    gold soared above $700, it looked like nothing could stop it. We worried
    that it would go all the way - all the way to $1,000 or $2,000 without
    ever giving us another opportunity to buy at a discount. What to do, we
    wondered in these pages. Close our eyes and buy, counting on the long-term
    bull market to erase any timing errors? Or, sit on the sidelines and risk
    missing the best part? We had no answer.


    "Buy," was said, with a gulp and a prayer. It is better to be in than out,
    we reasoned, even if we are not getting in at the best price. Yet, we
    could not bring ourselves to buy either.


    And the price rose...


    And then, the financial world shuddered. The frisson originated in Japan,
    we believe. After 16 years of deflation and slump, the Japanese economy is
    finally pulling itself together. And Japanese central bankers are now
    beginning to tighten down on the monetary valves. The money supply in
    Japan is actually falling. For many years now, speculators - largely hedge
    funds - have been able to borrow money in Japan at once-in-a-lifetime low
    rates. This gush of easy money flooded markets all over the world - from
    India, to Jakarta, to the United States - and most recently, to gold
    itself. And when, all of a sudden, the cash was not so forthcoming,
    investors panicked. For the first time in years, storm clouds appeared in
    the speculators' paradise. Emerging markets dropped last week. The Dow
    wobbled, too. Commodities - including gold - took a beating.

    Tempests are never welcome, but they are most regretted when you are least
    prepared for them.


    Sooner or later, now or in the future, fierce weather is inevitable. Debt
    begets repayment. Boom begets recession. Bull markets beget bear markets.
    Stability begets instability. Any day now, China could implode, the
    housing boom could collapse, foreigners could drop the dollar. Our guess
    is that all those things will happen. If only we could tell you when!


    All we can tell you is how to protect yourself. For that, we turn to no
    less of an authority than Alan Greenspan himself (we can't think of any
    less of an authority) who said in 1999: "Gold still represents the
    ultimate form of payment in the world. Fiat money in extremis is accepted
    by nobody. Gold is always accepted."


    When the wind blows hard - that is to say, in extremis - everything begins
    to flap, flutter, and fly away. People look for something solid to hold
    onto.


    So far, gold has gone up no more than base metal. Since 2001, gold is up
    249%. Lead has risen 240%. This tells us that people have not even looked
    at the barometer yet. Meanwhile, the Bush administration says it no longer
    intends to continue the "strong-dollar policy," under which, the dollar
    lost about half its purchasing power. We can't wait to see what happens
    under a weak-dollar policy. And all over the world, people have built up
    huge piles of dollars, yen, euros, and pounds - and staggeringly large
    claims and counterclaims against them, including a trade in derivatives
    that is now close to $300 trillion per year. Against all that, the current
    stock of gold is a mere pittance, a tiny island in a vast sea of paper
    money. When the winds really begin to howl, our guess is that there will
    be many people who want a piece of it.