Beiträge von Eldorado

    Ist ja egal, ich habe meine Visionen, das reicht mir.


    http://www.moneyweb.co.za/shares/traders_notes/686785.htm


    All the eights for still surging gold


    Alec Hogg



    Posted: Mon, 12 Dec 2005 08:48 | © Moneyweb Holdings Limited, 1997-2005


    The gold price gained another $8 an ounce to $535 this morning, setting it up for an eighth successive winning session. That’s a good omen. As any Chinese punter will tell you, eight is a powerfully lucky number.


    Then again, luck probably doesn’t have much to do with what’s happening for the yellow metal right now. More fashionable than Versace, in a few short weeks gold has morphed from “barbarous relic” to the mass media’s investment darling.


    Even the traditionally sceptical CNBC business television channel, which earlier this month explained in detail why the gold price was sure to drop, this morning quoted a forecast of $553 by mid-January.


    Media headlines can be a double-edged sword. On the sharp end, as a relatively small market, gold’s new found popularity could become self-fulfilling. Fresh money chasing an already undersupplied area always exaggerates price movements.


    Although such parties are great fun while they last, the crowds tend to depart just as quickly as they arrived, leaving latecomers with hangovers that can last for years.


    It happened in 1980. Many bought in too late and were hammered by the predictable fall that eventually came. Losses led to resentment among an entire generation of potential investors, sparking a 20-year slump in the gold price.


    But that’s like frat boys worrying before a party whether they’ve put too much vodka in the punch. Life doesn’t work that way. Nobody likes a wet blanket when everyone is only starting to get into the mood.


    Although it is now higher than at any point in a quarter century, after adjusting for inflation, the gold price is still a long way from the heady days of January 1980 when it peaked at $850. In today’s money the price must top $2 000 to match those levels. :]


    Will it keep running?


    Just about everything points that way. Apart from the investment demand generated from fresh sources by gold’s newfound popularity, the fundamentals provide a solid underpin.


    It no longer seems to matter what you believe the underlying reasons for the price movement might be.


    Perhaps the price is being driven by gold-obsessed Indian and Chinese citizens pouring newfound wealth into the one store of value they trust.


    Maybe the truth lies in reports that buying by Japanese bankers; oil sheiks; inflation-fearing Americans; perhaps even Central Banks is giving gold its buoyancy.


    Or perhaps, in reality, it’s due to more controversial contentions like the bullion banks conspiracy theory articulated by the Gold Anti-Trust Action committee (GATA).


    Whatever the reasons, all known facts seem to be pointing in the same direction – gold will go higher before this run ends.


    The only area of disagreement seems to be how much further the price can go. Johannesburg-based technical cyclist Issy Bacher expects bullion to reach $700. Paul Walker, chief executive of gold research house GFMS, reckons a spike of $850 is possible.


    GATA’s founder Bill Murphy believes that with the gold cartel having been busted, the gold price will go past $3 000. :rolleyes: That might sound like a chirp from left field. But so would a forecast of $500 have been just a couple of years ago.


    And Murphy is by no means alone. At a gold conference earlier this year, scion of the famous Fleming clan and former Harmony Gold chairman Adam Fleming suggested a price of $3 000 to $5 000 was in prospect. :rolleyes:


    The mood gold is in, no forecast, no matter how outrageous, can be ignored. Fear and greed make markets. And right now, greed for gold dominates.


    Alec Hogg presents the Moneyweb Power Hour every week night between 6pm and 7pm on Radio 2000.
    - Let's give gold to the masses - the ultimate

    .....Du bist kein Pokerer, du bist ein 'Kunde'. :P
    Aber das sagt dir wahrscheinlich nichts.
    Ist vielleicht auch besser so.


    obwohl du dich bei jeder kleinsten Gelegenheit (Aktienbewegung) vor Angst in die Hose 'scheißt' :D


    Siehe bei mir die KRY BGC.TO MUN.TO GRZ.TO NPG.V SRLM.PK... etc. etc.


    Ich bin jetzt noch am Tanzen wenn ich an den realisierten Gewinn denke, Alex ;)


    Vor lauter Freude habe ich das 35 mal editiert, fast der POG von 535 USD.


    Es gibt dumme und schlaue Kunden, und zu viele die nur auf eine Karte setzen und dabei verlieren koennen..

    GOLD UP $5 IN TOKYO - MIDAS TECHNICAL ALERT


    The Feb Comex gold contract, which is the nearby pivotal
    one now on the continuation charts, has taken out its high
    of 1981 of $535 on a quarterly basis. This breakthrough is
    of big picture importance. What is of note is the next significant resistance for gold on a quarterly basis on the continuation charts is all the way up to $612.


    Frank Veneroso confirmed tonight what MIDAS and GATA have
    been saying for some time. The Gold Cartel has lost control
    of the gold market.
    This was also confirmed to us the other
    day by one of the members who sat on the Board of one of
    the 12 Fed banks. This Board member has loaded his own boat
    (big numbers) with physical gold and expects the price to
    reach $900 to $1,000 within 3 years. This, from a
    conservative banker.


    One of the most critical dynamics of the gold market at
    the moment confirms what GATA has said all along ... and
    what no one in the gold mainstream gold world will even
    admit exists. There is a MASSIVE Gold Cartel short position,
    one they cannot get out of. The bums are trapped. These
    white-collar thugs, who have violated US anti-trust laws
    for so many years, have cooked their own goose.


    I sent the following today to Ted David of CNBC, which
    is like dropping an email into a black hole, but we
    (GATA ARMY) have to keep up the good ole college try. I
    included the Russian/GR 21 stuff I have been pounding
    away on for weeks ... and these notes (facts):


    *Since Gold Rush 21 gold rose $95 - YET, the dollar rose
    from 87 to 91 and oil fell from $68 to $60 per barrel.
    Almost no one thought that possible a year ago. The key
    to the gold market is surging physical market buying
    overtaking the Gold Cartel's ability to suppress the price.


    *For years GATA stated the price of gold could rally $100
    and the dollar do nothing as The Gold Cartel lost control
    of their price rigging scheme.
    Few, if anyone else, thought
    that possible. (It has done that.)


    *The Central banks have less than half the gold they say
    they have. Over the last decade they have surreptitiously
    lent out this missing gold in order to suppress the price
    .
    This calculation is based on studies by three GATA
    consultants.


    *One of the major factors in the gold market today is the
    gold short position ... more than 10,000 tonnes in a market
    with a 1500 tonne yearly supply/demand deficit and only
    2500 tonnes per year coming out of the mines. The shorts
    are trapped. Cannot get out. There are mega-derivatives
    tied to those shorts. GATA knows this because of the
    Bank For International Settlement derivatives numbers.


    *A Gold derivatives neutron bomb will go off. Could happen at any time.
    *Price prediction: Adam Fleming, former Chairman of Harmony
    Gold and now Chairman of Wits Gold, said at Gold Rush 21
    that he is looking for $3,000 to $5,000 per ounce. I concur.
    8o