Ich habe bei eagle angerufen, die haben den geier nun angeschupft und er fliegt ein wenig. 
Wird auch zeit, dieser faule vogel ! 
XEX
Beiträge von Eldorado
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Ja, der papst ist ein bayer, da freut sich lupo und goldbaam,ich habe schon ein bild gesehen wo er mit grosser breze und einem Weissbier in der hand den segen an die glaeubigen gibt.
Halleluja , endlich einer der Deutsch spricht, das stinkt aber einigen !
Was soll ich da noch darueber diskutieren, die haben halt einen neuen boss und business as usual.
Amen
XEX
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Ich halte schon mal die viagra's und noch mehr alkohol bereit wenn der Klub kommt. :))
Aber bevor sie mit dem Schwanz wedeln
Dann gibt es angebot und nachfrage und die miezen werden teurer als sonst. Sogar die mit einen bein kriegen einen ab wenn die pille wirkt.
Auf der Schlepperbahn nachts um halb eins.........gibts auch ecstasy und die jungs kommen richtig in stimmung mit Droopy.
XEX
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Mein instinkt sagt der Rand faellt spaetestens in 6 monaten,die haben noch nicht genug HMY GFI AU WAR RANGY.. DRD's
What goes up must come down !
Zumindest ist es so bei Flugzeuge.
XEX
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Ein plus minus null tag wird es, trotz dem goldpreis! .
Die Leute trauen sich noch nicht und der PPT verkauft wenn freude aufkommt beim HUI.
Hauptsache die 190 halten, der rest ergibt sich spaeter.Gnight cowboys
XEX
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@ valueman
Boris war auch drin, es kam aber sehr teuer !
Der hat auch viel nachkaufen muessen.
XEX
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Keiner mag das silbergetraenk
Dabei ist es so antibakteriel !
Die sollten nun mehr mit Du Mont bohren, die Knaller !Erstmal ist Utah dran. :))
Gruss
XEX
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Short selling of the cabals with little money in the sharemarket !! 8o.
Normally gold indicates vice versa with HUI and increase off HUI indicates a higher goldprice later. When gold goes up and shares go down, its a sign of manipulation.Gruss
XEX
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http://www.321gold.com/editorials/daughty/daughty042005.html
Gold was down last week, and down a lot, and I feel bad for those of you who have followed the advice of The Mogambo and bought gold and silver, and are standing outside of my house, clamoring for your money back, as per my Famous Mogambo Guarantee (FMG), which promises TWICE your money back if my advice is bad. Unfortunately, you neglected to read the disclaimer in footnote 123, in the back, in small print, where you would have read, in Latin, "This whole Mogambo thing is a big scam, and you ain't gonna get your money back. The Famous Mogambo Guarantee (FMG) that you are buying is worthless, and this Prospectus is less than worthless, in that several trees died to provide the paper to print this bogus crap on it."
But, although you are angry and disappointed, and we are both getting really irritated by my wife laughing at you and screeching, "I told you so! I told you not to trust him, but would you listen to me? No! Now get off my lawn! Take your flaming torches and wait down the street until he goes to the store later, probably for a donut, or a pizza, or a pizza made with donuts, I dunno. But you can mob his car and beat the hell out of him then!" But, and I cannot stress this enough, 1) do NOT wait down the street, 2) do NOT mob my car, 3) do NOT beat the hell out of me, and 4) keep buying gold, because if gold does NOT soon start moving up and turning profits like a glorious gushing well that is spewing dollars all over the place, then it will be the first time in all of 5,000 years of history when it did NOT so respond when a misshapen, mal-invested, over-leveraged and highly-indebted Big Government economy got to this egregious point in its headlong drive towards national bankruptcy. And trust me when I say that they ALL got to this point, to one degree or another, because governments are always eventually filled with corrupt buttheads, and especially so after long, credit-fueled booms. And when they all saw that they couldn't, or shouldn't, raise taxes, they all typically decided to invade a neighboring country and steal THEIR money, or confiscate the money of the Jews, or just print the damn money they needed, which was the worst option, as it increased the money supply, which had to eventually find its way into the prices of things, because there is nowhere else for money to go, except into things, which makes the original problem worse. Just like we are doing now, and although we are creating money and credit with both hands, we only invade other countries to steal their oil.
So, and this is the Mogambo Investment Tip Of The Day (MITOTD), these pullbacks in the price of gold and silver are golden (pun intended) or silveren (if you get my drift) buying opportunities, because half of a very famous investment strategy is to "buy low." One day, the other half of that phrase, "sell high," will make you want to name your children and grandchildren "Mogambo" out of sheer dumb-ass gratitude for giving you such good advice, and you will fly me up to the kid's christening or the bar-mitzvah or bris something, thinking that I will give the kid a present of some cash, but I won't.
And gold is low-priced by a long shot, and silver is so grossly under-priced that I would call silver "the buy of the century."
- Richard S. sent me a nice forward entitled "Taylor On US Markets & Gold, Roach, Hoye and Russell All Point Toward Deflationary Pressures" which the rest of the article expanded upon by providing some of these guys' thinking, which I distill, because I know how important and busy you are, into this pithy Mogambo Executive Summary (MES) which is "Doom for assets."
Unfortunately, this does not mean that consumer prices are doomed, as I am finding just the opposite, having done the grocery shopping this morning, and then coming back to the office and reading that the New York Times has figured that food prices have risen by 20-30% in the last year or so. Naturally, I insult the Leftist NYT with things like "No kidding? And where in the hell have you been for the last couple of years that this is only NOW coming to your stupid attention, you Leftist-trash buttheads?" In fact, consumer prices are zooming, to which I will readily attest, having, as I said, done the grocery shopping this morning, and my eyes are still having trouble focusing from where my brain blew a fuse at the cost. It haunts me.
And why does this haunt me? Well, if you will stop throwing pretzels at me for one damn minute, I will tell you. It is for two distinct and separate reasons. Firstly, when my check bounces, the store manager is going to be very grumpy with me again, and the next time I go into his store we are going to get into a real tussle where I am valiantly struggling to break free from the clutches of the security personnel (Bob and Wheezer) while simultaneously trying to explain to him that I am willing to settle for 70% of the amount owed, which I figure is fair, because I am paying him with dollars that were earned two years ago, and thus they are more valuable than ordinary dollars earned today, because in that two-year period the dollar has lost 30% of its value, all thanks to the damnable Federal Reserve creating so damn much money and credit, which turns into new, lower-value dollars when somebody borrows them, and the Fed has been doing this day after day, week after week, month after month, year after year, decade after decade, until my heads hurts from thinking about the effect this is going to have on rising prices as all this money winds its way around and around the world, buying things, and then, because he is stupid or because he is smart enough to see through my transparent ruse, he will say "no."
And the second reason I will reveal by asking a question. Do you think that the French Revolution happened because prices for consumer staples deflated after their government printed up all that money? Hahaha! You think that the misery of Weimar Germany was caused by food being cheaper after the government printed up all that money? Again, I say, or chortle mirthlessly, as you knew I would, "Hahaha!"
And food prices are going to get worse, as Michael W. Hodges of the Grandfather Economic Report has a little bad news about that when he notes "Not only is the technology product sector in deficit, but the U.S. Department of Agriculture Economic Research Service estimates 2005 will be the first year in nearly 50 that America will not turn an agricultural trade surplus."
So we have to now import food, and with a falling dollar? Yow! Stock up on food now, because this means that grocery prices will just keep getting higher and higher as the dollar falls lower and lower, which it will, because the boneheads in Washington are actually trying to devalue the dollar!
- An Asia Times article entitled "China's fury doesn't wash, but why the froth?" by Marc Erikson is about how the Chinese are supposedly expressing their fury and anger by demonstrating in the streets, all because Japan has new school textbooks that downplay the fact that Japan acted in a murderous, despicably barbaric way during WWII, especially when they were in China killing Chinese people, young, old, children, and babies, by the score.
Fortunately, the Chinese are not as upset about how America does not emphasize in our school textbooks our horrific record of invading countries, bombing countries, shooting rockets at countries, arming the enemies of countries, assassinating leaders of countries, killing hundreds of thousands of people, and all the other arrogant bully stuff we have done and, apparently, are getting away with. Whew! Dodged that bullet! Or, if they ARE demonstrating in the street about the USA, this Erikson guy doesn't mention it.
But Mr. Erikson is not sure that the Chinese people are actually angry at anything, but that this may be something much more sinister. "The obvious question is," he asks, "why was all this cooked up, for what purpose, and why now? One thing, though, is quite certain: the Chinese claim that Japan is to blame for the unrest is absurd.
"But after seeing what I saw in Shenzhen, I know that the Chinese government and/or Communist Party got this thing going and kept it going. Students might do this sort of thing on their own. But in Shenzhen there are no students. It's a special economic zone chock full of contract workers from all over China."
As to what this may mean, you do not have to wait for The Mogambo to sober up and tell you. In fact, Mr. Erikson does that for us, giving us time to order another round of drinks with those cute little umbrellas in them. As we sip and fence ("Thrust! Parry! Riposte!") with those little plastic swords, he stays on the job and writes, "To be systematic about it, there seem to be three possibilities: 1) the government wants to divert attention from pressing domestic problems; 2) Communist Party factional issues are fought out in a strange arena; 3) Beijing wants leverage to stoke up nationalist fervor for international gain. Neither 1) nor 2) can be entirely ruled out."
A government trying to divert attention from domestic problems by rabble-rousing? I thought that was an American invention!
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Unfortunately, you made, on average, zero percent a year for the entire seven-year stretch. Furthermore, it is impossible for everyone to make money in the stock market, because if it WAS possible, then all a country would have to do is print money, give it to the people, who would then buy shares with the money, and then they could all sit back and watch with glee as they all got wealthy, and everybody in the country could retire in luxury! And if you think THAT is going to happen, then, and at the risk of repeating myself, "Hahahaha!"Of course all the boneheads on CNBC and their "usual suspect" guest list all DO believe that this is possible, and that is why they are all sure, absolutely sure, that this is the perfect time to pick up more shares of stock. Any shares. Just buy. Now. And lots of them.
- Richard L. Solyom, Chairman of the Sound Dollar Committee, has written a nice summary of the essay "THE FEDERAL RESERVE SYSTEM: A FATAL PARASITE ON THE AMERICAN BODY POLITIC" by Dr. Edwin Vieira, Jr. Mr. Solyom writes, "Dr. Vieira's central theme is that today's scheme of Federal-Reserve-System fiat currency and fractional- reserve banking is plainly unconstitutional, inherently fraudulent, economically unworkable in the long run, and subversive of America's political traditions of individual liberty and private property."
He adds, showing himself to be the sunny optimist, "Hopefully, Dr. Vieira's message will prove to be a warning that comes, if none too soon, at least not too late."
"Hahahahaha!" says The Mogambo. "Of course it is too late! It is far, far too late! Head for the hills, dragging your precious metals and machineguns behind you!
- Rob Peebles, in his Prudent Rear Random Walk column, notes that Ed Easterling has written a new book entitled "Unexpected Returns-Understanding Secular Stock Market Cycles." The salient point is that when the price earnings (P/E) is high, then the subsequent rewards for buying stocks at these high P/E ratios are low, and when the P/E is low, then the, as you would expect, subsequent rewards for buying stocks are higher.
And where are we now? The P/E on the SP500 is around 20, which is on the very high side, historically, although not in the extremely high side (like it has been in the last few years) and not in the insanely high side, which is where a lot of Nasdaq stocks dwell, mostly because they have little earnings, but have, people think, good prospects for one day actually having some. Which they won't.
- Bob Wood, of Kaizen Managed Assets, has been reading a book called "The Decline and Approaching Fall of the U.S." and it has shook him up pretty bad. For instance, for 1998, 1999, 2000 and 2001 the deficits were (less trust fund assets) $725.5b, $738.0b, $667.6b and $816.6b respectively, which, when added together, comes to $2.947 trillion. Those are just the budget DEFICITS!
Ugh.
**** The Mogambo Sez: The surprising resilience of the stock market to go up in the face of all of this is not surprising, as the Fed is on record as saying that they stand ready, willing and able to use "unconventional" methods to keep the markets from imploding (what they refer to as their dreaded "deflation"), including, but not limited to, buying futures, shares, bonds, mortgages or even land and houses. And I am sure that a lot of pressure is being brought to bear from foreign governments, whose citizens have invested a lot of money in American assets, and they sure as hell want to make sure that prices do not fall.
Richard Daughty
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[quote]Original von gogh
Untertauchen, Abtauchen, Absaufen und Abpumpen haben vieles gemeinsam. Nicht mehr pumpen und alle Probleme gelöst. Felix Africa!
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Ja wie schon waere es wenn der rand absaufen wuerde,anscheinend wird noch zu wenig rand abgepumpt aber vielleicht werden bald einige abtauchen muessen wenn sie sehen es war wieder eine manipulation vom PPT.Der Rand muss sich ebenfalls vom Goldpreis loesen wie der dollar, dann gehts !
![:]](https://goldseiten-forum.com/wcf/images/smilies/pleased.gif "Freude")
Es kommt meistens anders als man denkt......
Heute wollte ich weil ich eben ein contrarian cowboy bin, die haelfte CDE und HL verkaufen und gegen HMY eintauschen und ein kissen darunter werfen.
Der deal fand aber leider nicht statt und spaeter dachte ich mir dass ich erstmal mit CDE und HL weiter reite und dann spaeter wenn der Rand wirklich in die knie geht, dann wieder RSA aktien kaufe wenn der hype beginnt. :))
Mal schaun, ein starker Rand, der wieder verschwand. !
Ich kann diese staerke nicht erklaeren und die umstaende hier muessten das gegenteil zeigen.
Das ganze stinkt zum himmel !!
Gruss
Eldorado
HOP DROOPY HOP !!
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@ tschonko
Golden Eagle Shareholders and Supporters:
Golden Eagle will be hosting a Conference Call today Wednesday, April 20, 2005, at 4:15 p.m. EDT (3:15 p.m. CDT, 2:15 p.m. MDT and 1:15 p.m. PDT). The company's CEO, Terry C. Turner, will make a presentation on the progress of Golden Eagle's Buen Futuro gold and copper project, as
well as answer questions, ( WHY THE EAGLE DOES NOT FLY)
Und ueber Cliffie koennte man auch fragen stellen, was ist da los ?
Gruss
XEX
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In wenigen jahren sind wir rich wie croesus !
Aber was machen wir dann mit dem ganzen geld ?Ganz einfach, ausgeben und leben ! :))
Ist so und so verdammt kurz.
XEX
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Ich sahe gerade meinen favourite guy Hugh Hendry von Ode Management auf CNBC.
Es gibt nur ganz wenige die noch objectiv und weitsichtig sind.
Die anderen sind von der muppet show und reden dementsprechend.
Hendry kenne ich seit Jahren und er war eine gute guideline bis jetzt. Er ist gerade aus und haut einen fakten um die ohren wo der Moderator fast keine chance hat es daran zu meckern.Er sagte folgendes, es gibt fast nichts was heute die haelfte kostet wie bei gold bei 800 USD. Normal ist das fast alles zum vierfachen preis verkauft wird als die herstellungskosten. Er sagt es ist easy dass gold auf 500 $ steigt. Es wird dann in stufen und zick zack ppt attacks ueber die 800 $ klettern in "wenigen jahren",dabei
er.Alles wird steigen, Oil 80 Dollar normal, weil sogar zucker, soya, etc. steigen wird durch inflation und dem backfire vom gedruckten fiat dollars. Die blase platzt und es gibt keine nation in der geschichte die es geschafft hat mit drucken von konfetti waehrungen auf ewig zu ueberleben.
Der Gold/Oil ratio zeigt auch die Unterbewertung von Gold dubios
an.Er steigt jetzt in den minen aktien ein, er hat vorher alle verkauft bei 453, da er wusste es kommen wieder einige PPT anschlaege.
Leider hat er mir wegen den verkauf nicht bescheid gegeben.
Er meinte auch der Rand wird manipuliert und kann auf dauer diese staerke wirschaftlich und politisch nicht beibehalten.
Er hat schon immer von GFI HMY DRD geschwaermt hat jedoch vorher mit profit verkauft weil er die ratte in der kueche gerochen hat.
Anyway,he makes sense to me, he never lied since I know him.
We all have to work to get the timing right !
Next time we do it right !
Cheers
XEX
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Are Gold & Silver Finally Airborne?
Rick Ackerman
Wednesday, Apr 20"I'm confused!" writes Bill R., a paid-up Rick's Picks subscriber. "Is this gold and silver rally going to last, or should we wait for your call for the bottom?" First of all, Bill, let me say that as investors we need never be confused about where to enter or exit a position. Both of these things are entirely knowable from the get-go, and it is well worth our diligence to fix these details in our minds before initiating a trade, since being wrong is often easier to live with than being confused. Wrong means buying a stock, having it go against us, and then bailing out. When we are confused, though, we allow psychological pain's unpredictable nuances to make such decisions for us, usually with poor results. Thus, if bullion prices continue to rise, we might jump in belatedly, angry at ourselves for having missed the bottom. We've all done this, or something like it, succeeding in the process at something we can only rarely achieve deliberately - i.e., picking the exact top.
Nobody rings the bell when its time to buy or sell !
mfg
XEX
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Norilsk Nickel to spin off goldmines
19.04.2005
By Peter Klinger
NORILSK NICKEL, the Russian metals group, is considering a £2 billion flotation of its gold division to build a rival to the powerhouses of South Africa and North America.
Norilsk, which is controlled by Vladimir Potanin, one of Russia’s richest men, has appointed Deutsche Bank to advise on the demerger of Polyus, which produced 1.1 million ounces of gold last year and has 18.9 million ounces of reserves.
Analysts have valued Polyus at $3 billion (£1.6 billion) although Norilsk’s 20 per cent stake in Gold Fields, the South African group, would also be added to the demerged gold unit. The stake in Gold Fields, which itself is the target of a hostile bid by Harmony Gold Mining, its South African rival, is worth about $1 billion.Polyus is expected to be listed in Moscow and on either New York or Toronto exchanges by 2007. Norilsk’s shareholders, dominated by Mr Potanin and Mikhail Prokhorov, the chief executive, will receive a pro rata stake in Polyus.
The demerger is expected to be completed by early next year before the float plans are pursued. Mr Prokhorov said: “Polyus has one of the most exciting asset bases of scale in the global gold sector.”
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Sterling Mining (Pink Sheets: SRLM)
Sterling Mining has been making steady progress at its Baroness Tailings Project in Mexico as well as the rehab work at the Sunshine Mine. The company has seen some controversial publicity in recent months and the stock sold off. We are going to skip the controversy part and move on to actual reported developments.
According to company's Press Release dated March 24, 2005, production is under way at the Baroness project. As a reminder this is not an exploration/property project, but a tailings processing project. Tailings are defined as "material rejected from a mill after the valuable minerals have been recovered" (Casey Research Mining Dictionary). The trick is that often times processed material still contains useful minerals, especially older tailings, that were generated through less efficient ore processing methods. The company reports that "it is estimated that the project contains 5 million metric tons of finely ground tailings that average 3.0 ounces per ton (opt) silver and 0.02 opt gold, yielding up to 15 million ounces of silver and 100,000 ounces of gold." First silver bars should be poured in May. At full capacity production the project seems to have about 15 years of mine life and produce some 360,000 oz of silver and a 6,000+ oz of gold. We'll be conservative and allow provisions for grade and recovery rates and use an average of 200,000 oz/year silver and 1,500 oz/year gold. With cash cost of $5.00 (company projection was $3.50, but they are past the initial schedule) basic calculations yield some interesting scenarios.
At silver - $7.00/oz, gold - $400/oz, cash cost - $5.00
200,000 x ($7.00 - $5.00) = $400,000 (silver content)
1500 x $400 = $600,000 (gold content)
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Total free annual cash flow: $1,000,000Not bad for a little tailings project with a capital cost of about $1,200,000 and total time from inception to production of about 12 months. The way we read it - management is good with numbers. Now hold on to your chair and dream a little.
At silver - $10.00/oz, gold - $500/oz, cash cost - $6.00
200,000 x ($10.00 - $6.00) = $800,000 (silver content)
1500 x $500 = $750,000 (gold content)
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Total free annual cash flow: $1,550,000Notice how we bumped up the cash cost to $6.00, just to keep our feet on the ground. If you believe precious metals are in a cyclical bull market, try plugging in higher metal prices.
When you have a giant asset like the Sunshine mine, for a small company like Sterling we think it was a nifty strategic move to get their feet wet with a nice and simple project that will be profitable even at current metal prices, but also give them actual production experience. People forget that when Sterling took over the Sunshine Mine in 2003, it was a 3 people company with a market cap under a million dollars. There was a reason why the stock shot up to $14.00 in a matter of months. We believe that reason still exists.
We heard from the management that the Sunshine mine plan is in its final stages and being prepared for presentation to the Board of Directors for approval. Again, Sunshine is a big mine that at one time employed over 200 people. You don't restart projects like that at the whim of investors OR management. It's nothing like the Baroness project and requires careful and detailed planning. The company assured us that they have the best people on the job, including former Sunshine Mine Manager, former Controller, former Safety Director, former Supervisor of Electrical Services and others. Sterling Mining advised us that these professionals were hired into the same positions that they held when the mine was operating. We agree that this is a wise approach. When you need to restore electricity a few thousand feet underground, it kind of makes sense to hire someone who spent several years keeping the lights on in that same mine. We'll see what the future holds for Sterling Mining.
We will leave you with the following thought. There are several highly successful companies that are not producing and have no intention of producing until we see higher metal prices. That is to say investors reward companies for NOT producing. We further know that most primary silver producers are mining silver at a loss. Exactly what is the rush to start producing at the Sunshine Mine?
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Rand boosted by rise in gold price and global equities
April 20, 2005
By Lukanyo Mnyanda
The rand gained against the dollar yesterday as the price of gold rose for the third consecutive day.
"The rand cannot ignore what is happening in international markets," said Chris du Bois, the chief trader at Master Currency, a Cape Town-based chain of money changers. "Gold has held above that crucial $420 [an ounce] level."
Gold, which makes up 13 percent of South Africa's exports, climbed to $432.13 (R2 669) an ounce in late European trade yesterday, from $425.75 on Monday. Platinum, the second-biggest export, gained as much as 0.5 percent to $865.50 an ounce.
Against the dollar, the rand rose to R6.1775 at the close in Johannesburg from R6.2375 on Monday. It was at R8.0518 to the euro, from R8.1169. The local unit might climb as high as R6.10 to the dollar this week, Du Bois said.
The rand usually rises against the dollar when the price of gold increases, with a correlation between the currency and the gold price over the last year of 0.79. A reading of 1 would mean they move in lock step.
Demand for the rand also rose as global stock markets gained, easing concern investors would shun emerging market assets.
Brazil's real, Mexico's peso and South Korea's won advanced versus the dollar. European stocks gained for the first day in four, with the Dow Jones Euro Stoxx 50 index rising. Japan's benchmark Nikkei 225 stock average and the US's Standard & Poor's 500 index also rose.
Foreign investors bought a net R307 million of South African shares on Monday, after selling reached a two-week high on Friday, JSE Securities Exchange data showed. The FTSE/JSE Africa all share index rose for the first day in three yesterday.
The difference in yield, or spread, between South Africa's 10-year bond and the US treasury note of similar maturity was about 3.9 percentage points yesterday. The spread was as high as 4.3 percentage points on April 5, the highest this year, and has averaged about 4.96 percent in the past two years.
The Reserve Bank unexpectedly reduced the repo rate by 50 basis points to 7 percent on April 14, reducing the gap with the US, where the Federal Reserve's target rate is 2.75 percent.
The yield on the R194 weakened 3.5 basis points to 7.32 percent at the close yesterday, while the R153 bond's yield ended the day 0.5 basis points weaker at 7.68 percent.