Beiträge von Eldorado

    SA belongs to all - Mbeki :D


    27/04/2005 14:22



    Durban - South Africa has steadily become a country that belongs to all, President Thabo Mbeki told the main Freedom Day gathering in Durban on Wednesday.
    "Where there could have serious racial conflict because of our past, our people - particularly those who were oppressed - have ... forgiven those responsible for their untold suffering," he said.


    Thousands of people packed the stands at the Absa Stadium to listen to Mbeki and join in festivities to celebrate the beginning of South Africa's second decade of democracy.


    Mbeki said the challenges of the coming decade were numerous and daunting. Some believed it was the sole responsibility of the government to tackle these matters.


    "These include those who don't take the initiative to do something about their circumstances but always complain that government is not doing anything for them," Mbeki said.


    "These people, to whom South Africa also belongs, usually fold their arms when their compatriots engage in self-reliance programmes."


    News24/SAPA

    Greenspan, Be Careful What You Wish For


    Peter Schiff


    posted April 26, 2005


    Yesterday, [Apr 21] as Alan Greenspan warned Congress that the federal budget deficit is unsustainable, he simultaneously encouraged China to stop sustaining it. Since he has failed to forecast so many obvious looming economic problems in the past, such as the return of enormous budget deficits, resurgent inflation, and the real estate, stock, and bond market bubbles, it comes as no surprise that he also fails to realize that America's ability to finance its debt now teeters atop China's foolish currency peg. By encouraging China to remove it, Greenspan needs to be cautioned to be careful what he wishes for, as he just might get it.


    In his testimony, Greenspan cautioned that "The federal budget is on an unsustainable path, in which large deficits result in rising interest," which in his opinion "would cause the economy to stagnate or worse" unless the situation were reversed. :D :D
    However, he also commented that "Fixing the renminbi to the dollar is beginning to significantly work to the detriment of the Chinese economy." That in so doing China is "preventing the growth in the terms that would be most valuable for China in the decades ahead."


    With respect to floating the renminbi he offered the following advice; "So as far as I'm concerned, it is very much in their interest to move." He even added that "As you can imagine, we in U.S. government have been in conversations with them to indicate that, in our judgment and in our experience, they should be moving sooner rather than later. I have no way of projecting when they will move. That they will move, I am reasonably certain."


    Hello, how clueless can one man possible be? By publicly advising China to float its currency, Greenspan is in effect asking the Chinese to do two things; 1) raise the prices that it charges Americans for the goods it sells them, and 2) stop buying hundreds of billions of dollars worth of U.S. Treasury bonds. While such a move would certainly benefit the Chinese, who would earn more for their exports and find more productive uses for their savings, it would clearly have the opposite effect for Americans, who would simultaneously be forced to pay both higher prices and interest rates. Most adversely effected would be the U.S. government itself, which would see the cost of financing its national debt skyrocket at the very moment recession would likely undermine its ability to pay. Talk about putting your head in a noose, throwing the rope over a three limb, and daring your adversary not to pull!


    Greenspan is right that the status quo is a bad deal for China. At present, all that China it receives in return for much of its exports to America is inflation. Since America does not supply China with sufficient quantities of real goods in exchange for its exports, the Bank of China must expand its money supply to absorb all the excess dollars for which no American products are available. In the process it also purchases hundreds of billions of dollars worth of U.S. government securities. As a result the Chinese suffer a reduced standard of living, as they are forced to pay higher prices for consumer goods and squander a significant portion of their savings. Americans however, benefit greatly form China's sacrifice by enjoying artificially low consumer prices and interest rates.


    If China were to follow Greenspan's advice, the result would be a one-two combination punch right to the chin of the U.S. economy. The left jab: By increases the cost of Chinese imports (and those from other Asian countries whose currencies would like rise along with the Renmimbi) the U.S. inflation rate, as measured by the CPI, would clearly rise, increasing the "inflation premium" required to be paid by the U.S. government on its outstanding debts, the majority of which have extremely short maturities, and thus will have to be re-issued at higher interest rates. Also the prices of non-Asian imports, such as oil, would also likely rise, as wealthier Asians bid them up. The right hook: Since the Chinese government would no longer be buying as many dollars, it would no longer need to buy as may U.S. treasuries. Given that higher consumer prices and interest rates would likely push the U.S. economy into recession, exacerbating the already enormous budget deficit, demand for U.S. debt would be reduced at the very time it was needed the most. The result, Knock out.


    April 22, 2005
    Peter Schiff

    Auch mit R 5-6 waren sie ein bargain, aber mit R 4.50 natuerlich noch ein besserer deal ! :P


    Gogh pass auf, gleich kommt wieder unser nutty professor mit einer Ruege. :D


    Ich sah da einen kurzen video der hiess es geht nichts ueber ein glas milch. Da lief auch so eine bei den katholischen milkcows vorbei.


    Deines nennen wir Kursschwankungen bei Dolly :D


    XEX ;)

    Precious metals stocks, many of which have been severely trampled down during this latest gold consolidation, are also an across-the-board buy - sentiment in this sector stinks, which is exactly what you want to see ahead of a substantial rally. Many small exploration stocks in particular are showing signs of completing long low bases.


    Maund

    valueman


    Mit Options und Warrants, Puts and Calls, habe ich nicht viel glueck.
    So geht es mir auch in einen Spielcasino und es gefaellt mir nicht da ich mein eigenes Viva Las Vegas habe. Next time I get it right ! :D


    Pass auf der Rand kann nochmal fuer Ueberraschung sorgen und unter 6 R/$ marschieren. Ich weiss nur es ist eine der groessten manipulationen die 20 Jahre vorgeplant wurde um die Minen in bestimmte haende zu bekommen.



    Gruss


    Eldorado

    valueman


    Da sind wir ja einer meinung, ich versuche auch zwischendurch zu kaufen und verkaufen mit bis 30% in and out, jedoch es ist nicht einfach zum richtigen timing zu handeln. Da fallen nur Gebuehren an ca.5% in/out und es geht sehr schnell rauf und runter.


    Papier wird krachen, es ist nur eine frage der zeit .


    Back to reality, GOLD ! ;)


    Die Fiat $ Konfetti Party geht auch zu ende. Ich habe nur ein problem mit dem timing und die mafia hat noch luft. X(


    Aber wie lange noch, dass ist die frage ?(


    Die kann ich keinen beantworten, ich sage nur bald ! 8o


    Gruss


    XEX

    Gold Takes Off As Dollar STRENGTHENS!!! / Desperate Cartel Criminals Maul Gold Shares


    The mind has exactly the same power as the hands: not merely to grasp the world, but to change it...Colin Wilson


    GO GATA!!!


    When I woke up this morning I felt I was hallucinating what with gold up nearly $3 and the dollar flat. Too good to be true I thought. This is just what the doctor ordered to give more credence to my documented notions that the big bad bully Gold Cartel is on their way out due to their running out of available central bank supply to hold the gold price down.


    Knowing The Gold Cartel would swing into action, I called my friend Tony Wilson in Toronto and told him to take a snapshot picture for that would probably be it for the day. We are like prisoners who have been let out of our cages to get 15 minutes of exercise. That’s it. Right back into our cells.


    Sure enough. Gold was Fixed in London at $437 to satisfy increasing physical demand and then the bums went to work on gold and with their Hail Mary play for the DOW, which was down 50 points. Bing! Bang! Boom! The dollar suddenly rose quite a bit, gold was taken down and the market roared back to go up on the day. Why does the dollar rally every time it looks like our stock market is going to be hit hard?


    Meanwhile, the gold shares which have gone on a total disconnect vis-à-vis bullion opened meekly higher. However, almost immediately they began to sell off – well before gold sold off with the rising dollar. That was this morning when the best laid plans of the cabal went awry!


    Instead of collapsing, gold gradually worked its way right back up and closed on its high of the day made early in the session, even as the dollar stayed firm. At the close the euro gold price was 337. We have now watched the euro gold price break out and then accelerate to the upside. If MIDAS's long held opinion is correct, this is fabulous news as it means The Gold Cartel really is losing control of their rig.


    The gold price explosion and the ruination of The Gold Cartel has to start sometime. Might as well be now. It would be the perfect time as almost no one out there is bullish gold in the short-term. We know that from the sentiment numbers, which as Hulbert noted are some of the lowest ever – just like the Café Sentiment Indicator was over the weekend.


    As I have said for years, gold is the most misunderstood and worst reported on market in history. Seems to me only John Brimelow, myself, and of all people, Dennis Gartman, have been talking publicly about gold moving up without the benefit of a weak dollar. All the bullion dealer crowd talks about is gold moving up as the dollar weakens. Same with almost all the gold market commentators. One of the reasons is they refuse to deal with the fact that gold has been a rigged market for a decade. In recent years the bad guys have USED the dollar action to control gold’s ascent. A loss of this tool means they are losing control of their scam.


    Yet, they won’t quit and are becoming more blatant in their maneuvers because of their desperation. These cowardly Mafiosos are no more than white collar thugs. What happening today with gold and the shares ought to have everyone one of you enraged. As gold ticked up 10 cents at a time in very quiet fashion, the crooks took the gold shares down in the same manner. Several colleagues and I could not believe what we were watching. They more gold would uptick the more the HUI and XAU would downtick.


    There is no other explanation for today’s gold share action except a blatant attack by The Gold Cartel to demoralize gold share investors as they lose control of their scam. If anything, this should have been the most banner gold share day of all as the shares are already way undervalued to bullion. Then, the gold price rally in foreign currencies is a tremendous boon for holding down gold company costs which have soared. If there ever was a day for the shares to rocket, it was today – which is just why the crooks took them down.


    Boy, this is disgusting, almost beyond words. Support Gold Rush 21 yet? Call your gold companies yet about attending our historic conference? If this doesn’t do it, nothing will.


    Today was an off month gold option expiry on the Comex. There were 2804 May $430 calls outstanding, along with 3013 $435 calls and 3002 $440 calls. Who knows what kind of options might be lurking in the Over The Counter Market, which is huge compared to the Comex? The options are based on June gold which closed at $438.80. Will some huge player pull a wheat/corn and exercise the 440 calls tonight? Have no idea, yet it is a delicious thought.


    The gold chart is a beauty. You would think the gold world would be in a bullish rave, yet, there is nary a peep out there. My guess is it is partly because the shares are so weak. The common (and historically reasonable) thinking is the shares will lead bullion, yet, instead, they are collapsing. That rationale was valid for a FREE gold market. This one is a fraud, a manipulated one. We can throw out measures used for many decades to analyze this particular market. All that matters are the creepy criminals losing control of their price manipulation scheme because they are running out of ammo. Other factors, such as a weak dollar, will fuel the coming gold price explosion, yet they will be secondary.


    The gold chart is powerful. We got our breakaway gap today as $435.10 was the low of the session. Surely The Gold Cartel hit the shares as a warning to gold bulls. Whether their temper tantrum will work or not is another story. Tomorrow the GOLD WAR intensifies. The share battering was a warning they intend to attack tomorrow and fill/nullify today’s breakaway gap. However, we have the best laid plans and Murphy’s Law going for us. If gold takes out $440, the bums could be routed.

    Petzi


    Schadenfreude ist auch eine Freude, die einzige die du im Leben hast !
    Aber zum Glueck habe ich noch weitere 130 verschiedene Aktien die dann gewisse Verluste wieder ausgleichen.
    Ich bin doch nicht bloed !
    Zeig mir einen der noch nie verloren hat der in GM aktien investiert hat. Man hat erst verloren wenn man verkauft, der rest ist reiner verlust am papier. Bleod reden kann jeder, ich glaube du hast bis heute noch keine aktien und wirst auch niemals welche haben soweit ich dich bis jetzt kennengelern habe, Rookie ! :D

    valueman


    Ich habe gerade das gegenteil gemacht und call optionen GFI HMY fuer R 80 gekauft mit laufzeit 15.4 und 15.6. 2005. Das ging aber voll in die Hose ! X(
    Dachte der Rand stuerzt schon frueher ab, aber der ist nach wie vor zu stark.


    Mit Put Optionsscheinen gehts dir jedoch ganz gut, gratuliere !



    Gruss


    Eldorado

    valueman


    Du denkst absolut richtig. Es sei noch zu bemerken das gewisse Leute und Fonds/Banken nach wie vor Aktien mit geliehenen wieterhin shorten in der Hoffnung sie spaeter noch billiger wieder nachzukaufen. Am besten die doppelte menge die man verkauft hat, dann gibt man die geliehenen wieder zurueck. Es geht solange gut so lange bis dann keiner mehr verkaufen will und dann pleotzlich die Nachfrage steigt wenn die geplanten Tiefpreise erreicht sind die von der mafia angepeilt werden.
    Grundsaetzlich heisst es die aktien von den schwachen haenden in die starken zu bekommen. Wenn der Korb voll ist dann redet man sie nach oben und ladet wieder ab, das spiel beginnt von vorne.


    Innerhalb 10 trading days sollte die Talfahrt vorbei sein meiner Meinung.


    Planspieler hat soweit recht in dem ein fallender HUI ein Indikator ist fuer fallenden Goldpreis und umgekehrt zum groessten Teil aber auch nicht immer.


    Der USD Index ist wieder am steigen und es kann schon sein das wir 1.26 $/Euro noch sehen in den naechsten zwei wochen.
    Erst wenn der Index wieder faellt wird gold steigen erheblich ueber 440 Dollar bei ca. 1.30 $/Euro.


    Der ganze markt ist eben gerigged und schwer einzuschaetzen wo er nun hingeht in der naechsten zeit.


    Gruss


    Eldorado

    Bei uns im Spielcasino Kapstadt sind die Slotmaschinen nur auf 10% Gewinnauszahlung eingestellt. :D
    Der Schnitt Weltweit ist aber 30% !
    Und so wird von den aermsten noch mehr Geld aus der Tasche gezogen die glauben sie gewinnen den Jackpot.


    Gruss


    Eldorado