Beiträge von Eldorado

There is something in the Air, I can almost feel it !
Es brennt schon auf der Handflaeche....

Minister sounds climate alarm

05/05/2005 14:13

Cape Town - Climate change in South Africa could see provinces such as Mpumalanga, Limpopo, North West, KwaZulu-Natal and Gauteng becoming malaria zones in the near future, Environment Minister Marthinus van Schalkwyk said on Thursday.

How nice, up to the Pub !

Sean Rakhimov

May 4, 2005
Editor: Silver Strategies

Silver is correcting again after a run to last year's high at $8.30. There seems to be a general consensus among silver gurus and commentators alike (David Morgan, Doug Casey, Jim Dines and others) that silver price has broken out of its 20 year downturn. Since silver equities typically outperform the metal, investor interest is slowly being drawn to silver mining stocks, which for variety of reasons aside from the rising price of the metal, present a unique investment opportunity.
We are at the dawn of a new era for silver ...(and other "things" vs. "paper")

more.....at

http://www.321gold.com/editori…himov/rakhimov050405.html

What goes up must come down, how far down?
Nobody really knows it, nobody !
Its like working out the excact demage of a tsunami or an earthquake.
All those chartists/analysts/bozos, have only a rough estimate how it may fall or go up ,....that's all..... They are only indicators,nothing else.
Follow your heart and instincts, your first thought is most of the time the best thought.

Wake up or be eaten alive by inflation!

Richard Daughty
...the angriest guy in economics
The Mogambo Guru
Archives
May 4, 2005

- Chuck Butler, president of the Everbank and author of the of the Daily Pfennig column, says, "Looking at the spreads in the forward market, one has to conclude something's going on." And I am here to tell you that no more scary words were ever spoken, as I have seen too, too many movies where the cowboys are sneaking up to take a look at the Indian encampment, and there they all were, decked out in war paint, dancing and whooping it up around their campfire with drums going "boomity boom boom." After watching for a few moments, one cowboy leans over and whispers to the other one, "Something's going on." Now, I am not sure if Mr. Butler is referring to Indians on the warpath coming to shoot and scalp us and we will have to somehow rescue the beautiful schoolmarm. But the lesson is clear.

AFFLUENZA

By Eric J. Fry

Warning: A virulent epidemic is sweeping the nation.

How many more victims the epidemic might claim is anyone's
guess. But suffice to say that the rapid spread of this
contagion is a serious national problem, which may produce
several dire consequences...like falling home prices, for
example.

Although the disease manifests itself in a variety of ways,
it often produces behavior characterized by reckless
borrowing and insatiable consumption. The disease, known as
"affluenza," has infected millions of Americans already,
but has reached epidemic proportions among California
homeowners.

The onset of symptoms is often accompanied by a sense of
euphoric invulnerability. Unfortunately, this delusional
rapture promotes additional high-risk behavior, which
usually worsens the infection. Many victims succumb to the
disease, but the condition is treatable. Early diagnosis
can promote a highly efficacious response. Curtailing high-
risk activities, for example, can reduce the infection and
– sometimes – restore the infected host to an asymptotic
state known as "solvency."

But many folks – because they are oblivious to their
condition – continue borrowing and spending until the
disease reaches its final and most serious phase, also know
as "insolvency."

We are not anticipating a widespread outbreak of
insolvency. More likely, the growing awareness of the risks
posed by affluenza will inspire a gradual return to low-
risk behavior, like saving money and re-paying debts.
Sadly, such practices, while healthy for the individual,
are highly toxic for the national economy and for the
country's over-inflated real estate markets.

Look, Zitat...heutiger schlußkurs unter 422$ dann ist das nächste ziel 410$ und ich glaube nicht das wir dann unten sind

fortsetzung folgt ..... und sie folgt immer !

Ja, wer das bis heute nicht weiss und hat noch den Zug verpasst hat, dem kann ich auch nicht helfen.

Schoenen V-TAG , anyway !

Rechts kaufen und links verkaufen,hop oder trop !

Ivanhoe Mines to commence drilling on the Tiger Hills gold and silver project, Inner Mongolia, China

Wednesday May 4, 8:30 am ET

BEIJING, China, May 4 /PRNewswire-FirstCall/ - Ivanhoe Mines' Executive Vice President, Exploration, Douglas Kirwin announced today that the company has completed detailed geological mapping, rock-chip sampling and an Induced Polarization (IP) survey at the Tiger Hills epithermal gold and silver project in the Inner Mongolia Autonomous Region, China. A 2,500-metre diamond drilling program is scheduled to commence by mid-May.
The Tiger Hills Project is in the Hulunbeier District in northern Inner Mongolia, approximately 150 kilometres south of the city of Hailar. The area is easily accessed by vehicle and comprises sparsely populated low-relief undulating steppe terrain. Gold and silver mineralization was discovered by Ivanhoe geologists as part of an extensive prospecting campaign for epithermal deposits within the northeast-trending extensional Mesozoic volcanic belt which hosts the 8-million-ounce Baley gold deposit in southern Siberia. The region had previously been explored by the Chinese Geology Brigade 115. A soil survey showed the area to be anomalous in arsenic, antimony and mercury. There is no record of any previous gold mining in the district.

Low-sulphidation epithermal gold mineralization occurs in hydrothermal eruption breccias which are exposed along silicified ridges which extend for two kilometres in a northwest direction. Mineralized host rocks are silicified rhyodacitic to andesitic lavas, tuffs and minor volcaniclastic debris flows which are associated with acid volcanic domes. The breccias are multi-clastic and have a cryptocrystalline to opaline silica matrix. Colloform banding, carbonate replacement textures and delicate crustiform layers of moss adularia are commonly observed. Rock-chip samples from the breccias returned assays up to 5.89 g/t gold and 11.4 g/t silver. A recently-completed geophysical survey shows that the mineralization is directly associated with a four-kilometre northwest-trending resistivity high.

"The very high level silica and breccia textures observed at Tiger Hills clearly demonstrate that the uppermost zone of a sizeable epithermal system has been recently exposed. The highly anomalous gold and silver values present in these types of rocks are highly encouraging," said Mr. Kirwin. "The mineralized breccias are similar to those mined at Borealis in Nevada and Wirralee in Queensland."

Ivanhoe's initial drilling program will focus around three prominent silicified zones with hydrothermal eruption breccias outcropping over a distance of two kilometres.

Tiger Hills is within two exploration licenses owned by Yahao, an 80/20 joint venture between Ivanhoe Mines (80%) and the Inner Mongolian Bureau of Geology (20%), which have a total area of 88 square kilometres. Yahao has a 30-year permanent business license and is the first fully-approved Sino-Foreign joint venture in China's Inner Mongolia Autonomous Region to receive both Beijing's Ministry of Land and Resources (MOLAR) authorization to transfer in exploration licenses and the Provincial Government's grant of a 30-year business license for those mineral projects developed from exploration and mining licenses held by the Yahao joint venture in China.

Ivanhoe also is commencing an exploration drilling program in mid-May at its Bronze Fox gold and copper project in southern Mongolia.

Douglas Kirwin, a qualified person as defined by NI 43-101, supervised the preparation of the information in this release. The rock-chip samples were assayed by McPhar Geoservices at its facility in Manila, Philippines.

Ivanhoe shares are listed on the New York and Toronto stock exchanges under the symbol IVN.

Ulfur

Ich habe nach so vielen Cartoons und Charts ebenfalls aufgehoert zu lesen, wie die meisten berichte alles spekulation. Es wissen nur ganz wenig Leute wann und wie der Rand steigt oder faellt, leider gibt es darueber keine Berichte zu lesen.

Fuer mich kommen zum Schluss die Amerikaner zur Rettung von Suedafrika, dass ist das einzige was ich weiss. Alles vorher, ist geplant von den Amis meiner Meinung.
Erstmal Oil sichern, dann Gold !

Fabrication, Reaction, Solution, Target is reached !

Ich kann nur mehr den Kopf schuetteln wie der Rand sich haelt und sogar staerker wird, es stinkt nach manipulation hoch 10.

Am Ende des Reports steht eine Globale Aussage die jeder machen kann:

Not only the good old days of the artificially pumped up Mr Universe, the Rand, are likely to be over sooner than later, but the above charts also suggest that crucial decisions are being made soon, in which direction the markets will trend to. Whereas some triangles will act as a “correction” pattern of the prevailing trend, some will show their explosiveness as “continuation” pattern soon. As it’s difficult to speculate which ones will “definitely” shoot up or down, the only thing we can be sure of in the next years is that the Rand, along with its paper mates, will be found where they belong to - as being “paper”; or as François Voltaire puts it:

“Paper money eventually returns to its intrinsic value …”: (NIL)

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Cést la vie

Enjoy Fathersday, we don't know that day here.

Licence to get drunk

http://www.kitco.com/ind/Matlack/may032005.html

Let’s Get Ready to Rumble

http://news.goldseek.com/SilberInfo/1115301603.php

'US invasion of Iraq was a resource war'

By Melanie Gosling

Cape Town - With the rapid decline of global oil supplies, the United States is heading for an economic crash unlike anything since the 1930s.
And the collapse of the dollar will affect every nation on earth !!.

This is the chilling warning from academic Richard Heinberg of the New College of California. Heinberg is in Cape Town, South Africa, this week to share his views on what governments and societies need to do to mitigate the imminent global crisis after world oil production peaks.

"It's too late to maintain a 'business as usual' attitude. What is required is to manage the change that peak oil will bring in a way that causes the fewest casualties. This must be done at an economic and geopolitical level, to fend off resource wars. The US invasion of Iraq is clearly a resource war," Heinberg said on Monday.

Global oil discovery peaked in the 1960s and oil production is likely to peak as soon as 2007. With a world economy based on fossil fuel, the economic and social consequences will be dire.

'They say if they have 10 years to prepare, the economic and social chaos could be minimised'
In his most recent book, Power Down: options and actions for a post-carbon world, Heinberg describes the options available to avoid catastrophe.

Wearing a T-shirt that read: "Wake up! You are here," with an arrow pointing to a graph of a peak in oil production, Heinberg said world governments were aware of the pending crisis. The United States department of energy had commissioned a report on the probable impacts of "peak oil", the point at which global oil production will no longer meet demand, which was released in February.

"The report was compiled mainly by ex-CIA people. The CIA has always kept a close watch on resources. They found that peak oil would provide the US and the world with an 'unprecedented risk and management problem'.

"They say if they have 10 years to prepare, the economic and social chaos could be minimised. But if it's less, the US will face a serious problem and the government will have to manage it without public input. For that, read martial law. The report found oil price volatility will increase to unprecedented levels," Heinberg said.

The US response is not to cut oil consumption by making major lifestyle changes, and scale back on economic activity, but to use the military to maintain control over oil in the Middle East.

"The long-range plan is for the West to control the Middle East by the military so it can control the price of oil."

This was formalised as far back as 1979 by former US president Jimmy Carter, in what became known as the Carter Doctrine, which stated that America would use the military to maintain access to the oil reserves in the Middle East.

Clearly we need to find substitutes for oil, says Heinberg, but the available energy alternatives are not reassuring.

Natural gas extraction will peak a few years after oil, extraction rates for coal will peak in decades, nuclear energy is dogged by unresolved problems of waste disposal and solar and wind energy will have to undergo rapid expansion if they are to replace even a fraction of the energy shortfall from oil. And the enthusiasm about a hydrogen economy comes from politics rather than science, he said.

"Our real problem is that we are trapped in a perpetual growth machine. As long as modern societies need economic growth to stave off collapse (given existing debt-and-interest-based national currencies), we will continue to require ever more resources yearly. But the Earth has limited resources.
"The energy conundrum is thus intimately tied to the fact that we anticipate perpetual growth within a finite system," Heinberg said.

He sketches four main options available in response:

Following the US leadership in competing for remaining resources through wars;

Wishful thinking that the market or science will come to the rescue;

Assuming that we are already in the early stages of disintegration, devoting our energies to preserving the most worthwhile cultural achievements of the past few centuries.

"Powering down" - reducing energy resource use drastically through economic sacrifice, reducing the population size and developing alternative energy sources.

"The sooner we choose wisely, the better off we and our descendants will be," Heinberg said.... End.
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Here you have it :

First Oil, than Gold, and if needed Drinking Water

Well, with the barrel of a gun America is teaching ""Democracy"" !

SCARECROW OF THE WORLD USA !!!

RUSSIA AND CHINA WILL NOT ALLOW AMERICA TO CUT THE OILSUPPLY AND OTHER IMPORTANT RESOURCES, NEVER !!!

Every Dog gets his day, so will the mighty USA !

Harmony 'faces further losses'

May 04 2005 02:29:48:517PM

Harmony bid 'damaging to BEE'

GFI bid: Harmony will know soon

Gold Fields outshines Harmony

Harmony deep in the red

Harmony appoints Chissano




Johannesburg - International ratings agency Fitch Ratings has revised the rating watch on Harmony Gold Mining Company's (HAR) national ratings to evolving from positive.
Its national ratings are Long-term A- (A minus)(zaf)' and Short-term F2(zaf).

Fitch said in a statement that the revision reflects a continuous deterioration of the financial profile of the company as demonstrated by the release of its results for the third quarter ended 31 March 2005.

The significant decline in earnings led to a loss of R55m at the cash operating level.

Rising costs and a relatively static rand-denominated gold price pushed cash operating costs to beyond the average gold price received in the quarter.

Harmony was put on Rating Watch Positive in October 2004 following its announcement that it was making an offer to rival Gold Fields (GFI) to acquire all of its shares.

"Although Fitch has previously highlighted the deterioration in Harmony's financial profile in rating action dated 17 August 2004, this would be mitigated by a successful acquisition of Gold Fields, which Fitch views as potentially credit-enhancing for Harmony," it said.

However, Fitch is concerned that should the proposed acquisition not be concluded swiftly, further losses by Harmony at the cash operating level are considered possible over the next two to three quarters.

"While Fitch is aware that Harmony has access to substantial liquid resources through its 11.5% holding of Gold Fields, it views a successful outcome to the acquisition as positive for Harmony's future prospects.

Gold Fields has a portfolio of high-margin, profitable mines, and enjoys a degree of geographical diversification with mines in South Africa, Ghana and Australia.

"Again, Fitch is aware that the company has instituted stringent restructuring programmes in some of its operations, but these may take time to show any benefit.

In the meantime, it appears likely that the South African rand will continue to trade strongly and that the US dollar gold price will maintain a trading range of about $420/oz to $435 per ounce for the next few months, not adding any advantage to Harmony's trading environment," it explained. 1 USD/5.95R

gold-loewe

„Alle Macht kommt letztlich aus den Gewehrläufen“ (und nicht von Geld, Gold oder sonst was). Und wer hat ein Gewehr ?..........
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Sounds to me like two teenagers discussing their manliness as in “mine is ------ than yours.”

Russia Working on Secret Weapons — Defense Minister
Created: 04.05.2005 12:38 MSK (GMT +3), Updated: 12:38 MSK , 13 hours 52 minutes ago
MosNews

Russia is working to create weapons that no other country possesses, Russian Defense Minister Sergei Ivanov said in an interview with the Rossiyskaya Gazeta daily.
“Many countries are working on…modern weapons systems, including us. Naturally, not a single partner or ally of ours knows anything about it and nor will they until they are tested,” he told the paper.

Ivanov said that modern Russia does not need the kind of army that the Soviet Union used to have.
“We do not want and we will not be a scarecrow for the whole world,” he stressed.

More…

Jim Sinclair’s Commentary:

Here comes another special funding for military expenses of USD$82 billion. Have you read this yet in the US media? Keep in mind that the proposed reduction for calendar year 2005 in the US Federal Budget was predicated on a budget accounting that did NOT contain ANY expenses for the US military action in Afghanistan and Iraq in 2005. There are, however, costs for this and they are certain to go up, not down, thereby relegating predictions for a lower US Federal budget deficit directly into the trash can.

US general warns of forces strain

The top US general, Richard Myers, has warned that ongoing military operations in Iraq and Afghanistan could limit the ability of the US to fight another war.
Current commitments can be met, but a new conflict could take longer and cause more casualties, the chairman of the Joint Chiefs of Staff said.

He expressed his views in a classified report to Congress, parts of which have been leaked to the media.

There are about 130,000 US troops in Iraq and some 16,000 in Afghanistan.

More…

Jim Sinclair’s Commentary:

When I say this I thought of COT, the Plunge Protection Team, Financial TV and many international leaders.

“As water changes according to the soil through which it flows, so a man assimilates the character of his associates. By knowing his thoughts, a man's mind is discovered. By knowing his associates, his character is revealed.

-Tirukkural 46:452-453

Jim Sinclair's Commentary:

News seems now to be constant in its approach to “Never Disturb the Social Order” and “Cover Your Ass.” The net result is the best news show on TV is on the Comedy Channel - the Daily Show. Everything else is down right fabrication, deep tissue massage, outright disinformation and bad weather forecasting.

Army withheld details on Tillman’s death
Investigator quickly learned ‘friendly fire’ was responsible
By Josh White

The Washington Post
Updated: 12:27 a.m. ET May 4, 2005

The first Army investigator who looked into the death of former NFL player Pat Tillman in Afghanistan last year found within days that he was killed by his fellow Rangers in an act of "gross negligence," but Army officials decided not to inform Tillman's family or the public until weeks after a nationally televised memorial service.

A new Army report on the death shows that top Army officials, including the theater commander, Gen. John P. Abizaid, were told that Tillman's death was fratricide days before the service.

Soldiers on the scene said they were immediately sure Tillman was killed by a barrage of American bullets as he took shelter behind a large boulder during a twilight firefight along a narrow canyon road near the Pakistani border, according to nearly 2,000 pages of interview transcripts and investigative reports obtained by The Washington Post.

Le Metropole Members,

Midas du Metropole has served commentary at The James
Joyce Table entitled

"Eighteen Month Gold Share Bear Market Is Over."

gold Loewe

Auch was dran was du schreibst , alles nicht vergleichbar mit der Vergangenheit da es heute Computer und neue Waffensysteme gibt nur als Beispiel.
Aber oft ist es so das die Geschichte sich wiederholt. Seit Nixon den Goldstandard aufhob ist Amerika mit ihre Druckmaschine zu der groessten Schuldennation der Welt aufgestiegen und gleichzeitig zum Welt Imperialisten geworden dem sich alle nach deiner Meinung nun alle beugen muessen nur weil sie ein Gewehr haben
Wir werden es miterleben ob man bis zum Himmel drucken kann mit einer B52 auf der Runway und einen Hummer auf den Oilfeld weiter die Welt beherrscht. Es gibt auch andere "Waffen" gegen die selbst die Amerikaner nichts machen koennen.Der Nahe Osten kann ein zweites Vietnam werden, die Zeit arbeitet fuer die Gegner von USA.
Fuer mich schiessen die sich selber ein Eigentor wenn sie nicht aufhoeren die Welt zu dominieren dieses noch nach Texas Manier.
Hunger ist die gefaehrlichste Waffe und ebenso der Drang nach wahrer Freiheit. Die Religion ist die Wurzel allen Uebel.

Ok, wenn jemand mit Gewalt meine Wohnung ""renovieren"" will dann lasse ich es ihn tun auf seine Kosten aber spaeter wenn die Zeit da ist schmeiss ich aber raus, dass denken sich die in Irak und Russland die bankrupt waren und aufhoerten zu drucken.

Nothing last forever, there is always a payback time.
Fly now, pay later !

All warfare is based on deception!
He will win who knows when to fight and when not to fight......

The Art of war, there are many ways to kill a big fat cat :
http://www.chinapage.com/sunzi-e.html

Na dann, Gute Nacht !

Entree's Lookout Hill Potential Enhanced By Latest Ivanhoe Disclosure

Wednesday May 4, 10:55 am ET

VANCOUVER, British Columbia--(BUSINESS WIRE)--May 4, 2005--Entree Gold Inc. (TSX VENTURE:ETG - News; "Entree" or the "Company") comments on Ivanhoe Mines Ltd.'s (NYSE:IVN - News; TSX:IVN - News; "Ivanhoe") News Release of May 3, 2005 (the "Ivanhoe Release") announcing significant increases in all categories of the contained copper and gold resources at its Oyu Tolgoi Project.


Of particular note to Entree, the Ivanhoe Release confirms that the Hugo North Deposit now extends to the border of Entree's Lookout Hill property, and describes the deposit as "highest-grade copper porphyry deposit ever discovered". Recent drilling (Hole EGD006, disclosed in Entree's news release dated April 27, 2005) has confirmed the extension of the Hugo North Deposit across the property boundary onto Lookout Hill. Mineralized intersections from this hole were consistent with the high-grade copper and gold intersections encountered at the north end of the Hugo North Deposit, as previously reported by Ivanhoe.

Entree President, Greg Crowe, noted: "Of additional importance to Entree, is the acknowledgement in the Ivanhoe Release that drilling at the north end of Hugo North has highlighted a change in strike orientation of the deposit from due north-south to north-easterly. This orientation is sub-parallel to interpreted fault structures, suggesting the mineralized system is 'open indefinitely to the northeast rather than being structurally cut-off as was previously believed (by Ivanhoe)'".

In its news release, Ivanhoe announced that the 1.8 km long, Hugo North Deposit is now estimated to contain an indicated resource of 22.5 billion pounds of copper and 7.2 million ounces of gold, within 476 million tonnes grading 2.15% copper and 0.47 grams per tonne ("g/t") gold (using a 1% copper equivalent cut-off grade), and an additional inferred resource of 11 billion pounds of copper and 4.8 million ounces of gold.

The entire 6.1 km long Oyu Tolgoi Deposit, of which the Hugo North Deposit is the most northerly portion, is now estimated to contain measured and indicated resources of 32.85 billion pounds of copper and 17.34 million ounces of gold, within 1.15 billion tonnes averaging 1.3% copper and 0.47 g/t gold (at a 0.60% copper equivalent cut-off), and an additional inferred resource of 26.2 billion pounds of copper and 8.4 million ounces of gold, within 1.16 billion tonnes averaging 1.02% copper and 0.23 g/t gold.

Significantly, Ivanhoe notes in its news release that "the vast majority of the increase in the copper and gold resources at Oyu Tolgoi resulted from upgrading and expanding the underground copper and gold resources in the high-grade Hugo North Deposit".

Approximately 40,000 hectares of Entree's Lookout Hill property are being jointly explored by Entree and Ivanhoe, pursuant to a project agreement described below. In addition, Entree is exploring separately the 140,000 hectares of Lookout Hill that lie to the west of the Entree/Ivanhoe Project, and are not subject to the project agreement. It has also commenced exploration on its Ulziit Uul property, located approximately 120 km north of Lookout Hill.

QUALITY CONTROL AND ASSURANCE

Reference should be made to the full text of the Ivanhoe Release for complete details of the updated resources estimates contained therein. Robert Cann, P.Geo., Entree's Exploration Manager and a "qualified person" as defined by National Instrument 43-101, is responsible for the preparation of technical information in the Company's news releases. SGS Mongolia LLC prepares the split core at the project site and assays all samples at its facility in Ulaanbaatar, Mongolia. Ivanhoe's QA/QC program is monitored by independent consultant Dr. Barry Smee, P.Geo., and managed on site by Dale Sketchley, M.Sc., P.Geo. Prepared standards and blanks are inserted at the sample preparation lab on the project site to monitor the quality control of the assay data.

Viele Fragen, es stimmt die beiden hassen sich wie hund und katze.
Da muss Rambo sich einmischen, read his lips !