Beiträge von Eldorado

    Ulfur


    Man muss jetzt nur die nerven behalten,ich habe nichts verkauft, gar nichts, da ich weiss morgen geht es wieder bergauf.
    Das war einer der groessten terror anschlaege in einen tag und die manipulation sollte in kuerze aufhoeren. Ich glaube fest daran, lese den bericht im Gold und silber thread.


    Am besten erst in einer woche ins depo schauen sage ich nur.


    So what, after 9/11 life must go on !


    And it will ! :))


    Gruss


    XEX

    Lancelot


    Du hast vollkommen recht mit dem was du geschrieben hast.
    Alles manipuliert !


    yoyo & Peter


    Ich schlage euch vor fuer die position als Bundesbank Chef und Finanzminister von Suedafrika. Schlimmer kann es dann auch nicht mehr werden als es schon ist. Ihr bekommt auch eine schwarze sekretaerin die euch cafe bringt. Und ins Fernsehen kommt ihr dann selbsverstaendlich auch.



    Gruss


    Eldorado

    Super wenn man zur zeit shoppen kann, auch dieser wahn hoert auf wie alles andere. Alle Finanzmaerkte sind manipuliert, die den schraubenzieher in der hand haben, verdienen immer.
    Man muss nur wissen wann, wo, und wie lange rumgedreht wird.


    Ich sehe diesen angriff gegen hauptsaechlich HUI als kurzfristigen setback an und versuche alles um die stellung zu halten.


    Gold und Silber, sowie deren Aktien habe nur tief luft geholt und werden sich noch revanchieren bei den manipulatoren.


    So das wars, ab morgen geht es wieder rauf, mehr haben die auch nicht mehr drauf meiner meinung. Die meisten laemminge sollten nun weg sein, der markt ist nun entgueltig ausgewaschen worden, der dollar faellt ab morgen, und der Dow faellt unter die 10.000 in zwei wochen.


    Dann lache ich mir eines, erstmal das auge versorgen.


    Gruss


    Eldorado

    ONLY GOLD IS AS GOOD AS GOLD


    Our BIG play for 2005 is that gold will break out to $480 to $500 by this summer. Traditionally, geopolitical uncertainty, war and global economic sluggishness have been good for gold companies. Years ago, we were one of the first to suggest that Gold was more than just an inflation and safety metal (a status it lost after the first Gulf war), but also is a currency. Today, it is widely recognized that gold acts like a currency and that a weak US dollar is good for gold. It is also widely recognized that a further decline in the US dollar is inevitable.


    GOLD IS AN INFLATION METAL


    While gold acts much like a currency, it should not be ignored that it remains a traditional safe haven inflation hedge. Remember when just a few years back the financial press feared $400 gold as a “canary in the mine” barometer of inflation. Yet for how long has it been over $400, while US government statistics until recently failed to measure signs of real inflation? Today the signs of inflation are loud and clear to anyone who eats, drives, visits their doctor, buys a home, pays for college, etc. The CPI has been significantly understating inflation for years. Bill Gross of Pimco is quite correct in pointing out the CPI con job. It understates inflation (the cost of living as well this year as last year). That perception will soon change, as I see it no later than the summer of 2005. These days I am not alone in considering gold the cheapest long term protection against both inflation and/or an eventual US Dollar decline. Thus I believe virtually EVERY investing portfolio should have 10% gold or similar hard asset allocation in 2005.


    FUNDAMENTALS


    These are extraordinary times, where geopolitical risk and outlook continue to outweigh normal stock market considerations. Remember: Life jackets, Deadbolts, Smoke and Fire Alarms etc. do NOT provide you with Financial security. Liquidity, Global Diversification and hard assets such as gold DO offer some protection.


    Gold demand continues to grow faster than its global mined supply. It is strongly rising in emerging economies, especially India and China, which are becoming two of the largest gold consuming nations. Additionally, forward gold producer hedging continues to be unwound at a strong pace. The biggest risk intermediate term is the potential of further central bank selling. We believe this will continue to be restrained by current European Central Banks agreements at least until mid 2006, as well as partially offset by some Asian Central Bank buying. Bottom line: By the summer of 2005, EVERY investor will want some exposure to the gold market, just as they wished they had to the energy market in 2004/2005.


    The fundamental reasons for gold are fourfold:


    1) US Monetary Policy of easy money, which has also resulted in a Real estate Bubble.
    2) US Fiscal Policy: While investors cheered income tax reductions and believed it to be a stock market positive, longer term there is no such thing as a free lunch.
    3) US Government Spending is Out of Control.
    4) US Foreign Policy: Imperialistic, unilateral wars are inflationary.
    Summary: all of the above is GOOD FOR GOLD.


    Our investing advice calls for a modest 10% gold/commodity hedge with a monthly accumulation April, May and June.


    Our Current Fair Value for gold is $450 as a currency. As an inflation metal, we calculate gold’s Fair Value to be $500.
    April 1, 2005 gold closed at $425. You do the math.



    TECHNICAL


    Gold has been in a secular bull market since making its 22-year low four years ago on April 2, just under $257. Short term, gold’s technical action in 2005 to date has been neutral to bearish. We believe this picture will change dramatically before the summer.
    Gold has broad support in the 420-425 area; it has overhead resistance 450-460. Assuming it is broken on the upside, then $480 to $500 is the next natural gold target.



    ASTROLOGY


    While there are some positive indicators in the US Dollar horoscope in Q2 2003, both the XAU and COMEX horoscopes are very positively configured for the summer of 2005. Looking further out, in 2006 we are forecasting that Gold will also outperform, while for 2008 we project it could be somewhat of a home run. Enough said.


    What is our long term track record for precious metals? As a sun sign Leo, I have a natural affinity for gold. Perhaps for this reason, our Gold forecasting record has often been nothing less than stellar. For example, The Astrologers Fund had warned clients a month before the Bre-X disaster. Years ago, when the gold commodity pit was boring and “sitting dead in the water”, we forecast a major rally from under $300 to the DAY it would break $400! We forecast that gold would reach $450 by December 2004 and have loudly and publicly proclaimed our $480-$500 August Gold break out rally for 2005!

    HOW TO MAKE MONEY IF OUR FORECASTS ARE CORRECT


    Historical cycles show that a strong gold rally ignites the major producers first. Soaring microcap gold exploration plays then follows this. Just as IBM and GE are the Dow bellweathers, Newmont (NEM) is the key proxy for gold. Given gold’s small market capitalization, NEM would be the first big money portfolio play. Along with the gold ETF (GLD) and Barrick Gold (ABX), it is where much of the BIG Wall Street money will go. Currently the stock price of the bigger gold companies have already factored in a gold price of $450. Hence there may be more short term upside in the metal itself. However, once gold moves into the $480-$500 range, the reverse will be true and the gold company stocks will outperform. A lot of more aggressive hedge fund money will move into midcaps such as Glamis Gold (GLG) and Nova Gold (NG). Should any of this be allocated to small caps? The answer obviously varies according to individual portfolio risk/reward parameters.


    If I am right about August gold (Futures) break, this time microcaps will fly as the public will enter the market. However, as the first quarter is often a seasonal high for many gold microcaps, we recommend some caution here. I would wait until Gold is at least $440 before a strong commitment to gold microcaps.
    If you prefer the adventure of finding buried treasure, then there are nearly 1000 mining exploration or development stage companies on the TSX alone. Note: In general, I prefer Gold stocks with mines located in countries having minimal, or no, political and currency risk.
    No sector demonstrates the advantages of illiquidity better than the gold share market. In a rising gold market, small- and mid-cap gold stocks tend to produce a much bigger bang than simply buying gold itself. When gold breaks through $450 an ounce on route to new multi-year highs, small cap gold stocks (as a group) are likely to perform much better than either the big cap XAU stocks or the metal itself. However, investing in junior resource companies can be especially risky. To minimize some of this risk, don't overload your portfolio with junior mining companies. I recommend buying over time a diversified basket of 5 small cap companies, all together totaling no more than 5%-10% of an overall aggressive portfolio. If you are sporting a large portfolio, then a 10 small cap gold basket would reduce risk. Note: You may wish to choose a mixture of early state exploration companies (highest risk/reward) with a strong exploration upside ["bonanza"] potential with near production/early production (lower risk) ones. Again this depends on one’s personal risk/reward profile. Shit, I have 50% ! Crazy ???


    SUMMARY


    · Gold was last above $500 in mid-December 1987 and we project it to test $480-500 as early as July 2005. If so, this time small cap junior gold companies will shine as the Majors and Midcaps have already done.
    · As a portfolio hedge, we recommend at least 10% gold. This would be done conservatively with a mixture of physical gold (GLD) and gold majors ABX and NEM. If you have more tolerance for risk, look to midcaps such NG.
    · I recommend an accumulation over April, May and June.· If you love to gamble and desire Las Vegas style investing excitement, buy a group of 5-10 microcap stocks that are likely to soar should the public becomes as excited about gold as they have about energy. For a current list of small cap gold companies that we are watching, please visit my seasoned speculator.com website.

    The Money of Cannibalism X(


    by Anthony Hargis


    There are people in this world who tell us that the Federal Reserve System is a kind of criminal operation, and that we should return to a gold-based currency. Do we need such an alternative? Are they joking? Or, are they engaged in an attempt to avert the extinction of the American people?


    Many people regard government as little more than a band of pirates and robbers. Some people regard it in less gentle terms. They all seek to avoid its rapacity; and some seek to improve or abolish it. One of the most common practices that people employ to avoid the reach of pirates is to use cash for as many of their transactions as possible. These people imagine that they do a noble thing, that they deprive pirates of strength. They do no such thing. Instead, they give their own strength to pirates and they embrace a most hideous--but well-concealed--practice.


    Let us briefly review the history of banking in this country. For the first 70 years of this country, bank notes were issued against gold by private banks. It has been estimated that, by the time of the Civil War, there had been 7,000 private issues of bank notes, of which 5,000 had failed. While there were countless reasons for these failures, probably the largest category of failures could be accounted for by the bankruptcy laws and the inherent corruption of government. In other words, many of the failures were intended. The process would follow this pattern: the looters would


    a. establish a “bank,” take in gold as deposits and issue bank notes against the gold;


    b. take two or three percent of the gold and distribute it to judges, prosecutors and politicians;


    c. remove another 50 to 70 percent of the gold from the reach of the “law” but still under the control of the looters and then


    d. declare “bankruptcy.”


    The judges, prosecutors and politicians, of course, would know exactly how to “express their appreciation” for the presents received from the looters. (This practice may be applied in other kinds of business; the Enron debacle follows this pattern exactly.)


    Although many or most of these bank failures were facilitated by government policies, in 1863 the federal government pretended to offer a solution with the National Banking Act, 12 Stat. 665. This Act among other things,


    a. created a bank note issued by the U. S. Treasury through private banks known as “national banks” and


    b. imposed a ten percent duty on all private bank notes.


    The national banks would obtain the Treasury bank notes by depositing “ U. S. bonds” with the U. S. Comptroller of the Currency and, in exchange, would receive currency equal in value to 90 percent of the market value of the U. S. bonds. The bonds were still owned by the banks but possessed by the Comptroller. Hence, the U. S. Treasury continued paying six per cent interest to the banks while the banks were required to pay to the U. S. Treasury two percent per year on the currency obtained by the banks. And so, for every $100 of bonds deposited with the Comptroller, the banks would earn six per cent on $100 and pay two percent on $90.


    This opportunity to earn interest on otherwise non-interest earning gold reserves and the ten per cent duty on private bank notes practically eliminated all private bank notes within a few years. What’s more, the Act had the effect of making U. S. government debt, instead of gold, the security, or reserves, for all American currency and bank deposits. In other words, American currency lost its gold backing in 1863 – not 1933, as most people believe.


    A bank note is a promissory note: It means that, the one issuing the note is receiving credit from whoever is holding the note. Thus, when I give a gold coin to a bank and receive a bank note in exchange, I am lending a gold coin to the bank – if the bank note is issued by the bank. If the bank note is issued by the U.S. Treasury, I am lending a gold coin – I am providing credit, to the U. S. Treasury. When I buy a pair of shoes with the bank note, the shoemaker is now providing credit to the bank, or the U.S. Treasury.


    Thus, when we hold a bank note, we give our credit – our strength – to the bank, or government, that issued the note. We give the bank, or government, our strength to use for good, or evil.


    When Congress mandated that U.S. bonds, instead of gold, be used as bank reserves, Congress centralized credit into the hands of the U.S. Treasury. This was done 15 years after the publication of The Communist Manifesto, in which it was explained that one of the conditions required to destroy private property in a country was the “centralization of credit in the hands of the state by means of a national bank with State capital and an exclusive monopoly” to issue bank notes. The National Banking Act was pushed thru Congress by Thaddeus Stevens, a former lawyer for the New Harmony Society, a communistic society in which the communist manifesto was developed and from which Karl Marx learned, thru Robert Owen and Frederich Engels, what he was hired to write. [1]


    The National Banking Act was substantially amended and enlarged in 1913. We know this piece of legislation as The Federal Reserve Act, 38 Stat. 251. Hence, the Federal Reserve Act is nothing less than the enabling legislation for the fifth plank of the Communist Manifesto. Can we condemn the Federal Reserve System on grounds more substantial than the fact that we can label it with the pejorative “communist?” We can if we wish to avoid annihilation.


    As noted, the National Banking Act and now the Federal Reserve Act mandate that no paper currency can circulate in this country except that which has been issued against U.S. government obligations (or negligible amounts of “private” obligations which are ultimately guaranteed by the U.S. government). Congress has mandated that, if there is to be a paper currency in this country, there must be government debt: if the U. S. government were debt free, there could be no currency. Hence, the demand for currency is the demand for more government debt.


    What are the practical consequences of this? Government debt is a two-sided coin, with the events of each side separated by five, 20 or even 100 years. The events associated with the first side are the borrowing of money by the government and disbursing it to special interest groups. The event associated with the second side is the imposition of taxes upon future generations to retire the debt.


    Government debt, in other words, is the process by which one generation of people financially cannibalizes its children, and generations of grandchildren to come. It is done without the consideration, without the comprehension and without the consent of those upon whom the burdens are imposed, and, with no benefits accruing to them. If this financial cannibalization is to succeed – if government debt is to be retired, it requires the utter annihilation of the rights, property and lives of Americans yet to come on the scene.


    In other words, through the enabling legislation for the fifth plank of the Communist Manifesto, that is, the Federal Reserve Act, Congress has mandated the total annihilation of the American people. Congress has created a situation where, if we want a circulating currency – if we want economic activity perceptibly greater than Stone Age conditions, we must financially cannibalize our children – as prior generations have done to us. The demand for Federal Reserve notes is nothing less than the demand for financial cannibalism.


    We must repeat this, the demand for FR notes is the endorsement of cannibalism. We can invent all the excuses we want in order to justify the use of cash – but none will change its nature; none will avert its consequences.[2]


    If we believe the government is evil, we contradict ourselves by using its currency. Justice requires that we search for means to withdraw our support of such a government. If we desire to deprive it of strength, we must minimize our use of cash and use a gold-denominated currency whenever possible.


    How shall we color the activity that requires a man to financially cannibalize his children as the price of his temporary, and miserable, survival? We cannot; for, there is no word in human language that can provide an adequate hue of evil, or black, to such activity.


    What can we do? There are two main things that must be done: 1) repudiate the dollar; that is, repudiate the debt that cannibalizes us and our children; and 2) hunt those people, who thrive on cannibalism, to the ends of the earth, and methodically prosecute them – with due process – and see what happens.


    As to the first, repudiation of the dollar/debt consists of organizing trading networks of businesses and people who want to trade with a gold-backed currency. Until a better man comes along, I’m willing to serve as a clearinghouse of information for such a network. For those interested, please tell me what services or products you offer, along with contact information.


    As to the second, it calls for another revolution, and I explain our right to do so peacefully and legally in my book, The Lost Right.

    ;) Ulfur & Valueman


    Ich rede von HUI, beispiel:


    Er fiel von 151 - 116 (26.03.2003)
    238- 168 (07.05.2004)


    Wenn man einen schnitt macht dann koennte er auf ca. 180 fallen in den naechsten wochen. Ich hoffe nicht !!


    Das koennte bedeuten das die Aktien nochmal 10% nachgeben koennen wenn alles bloed laueft fuer die jetzigen Anleger.


    Also valueman, lege mal deine limits 10% unter den jetzigen preisen an, vielleicht kannst du sie dann bis august bekommen.



    Gruss


    Eldo



    Yesterday :


    The US Dollar rose most of the day and then slightly rolled over to close out the day. Gold and silver got whacked at the 8am EST bell and spent the day trying to tread water and stay in place while taking on some losses. The HUI looks like a sick dog in need of some tender loving care. I called a colleague/analyst friend of mine and wanted to know his take on the situation as to why gold was not showing a bit more "spunkiness." To be honest, I don't have an immediate answer for that just like I don't immediately understand how the USD on such poor trade data news did not do poorer than it did. We just have to accept it right now for what it is.


    Today:


    MORE BOMBING OF HUI X( X( X( WAG THE DOG / POG

    Peter


    Sorry but you get so silly lately that it isn''t fun anymore.
    I'll get back as soon the forum is free of this nonsense.
    You can have it all Peter, talk to yourself as from now.
    I also can''t believe you are 29 years old by the way.
    Better write in Witze Thread, maybe you find somebody who can laugh at your jokes.
    You went overboard in my opinion, maybe you smoke too much pot or you're just a lonely man ?(.... I can only pity you.


    My weekend starts today , I'm tired of reading kiddie stuff.



    Cheers


    Eldorado

    Laecheln :]??? Nein wir :D :D :D


    Obwohl die heute mit allen geschuetzen auffahren werden und eine grossbomben X(aktion geplant ist. Heute spritzt das Blut wieder so sagt es meine Intuition.


    Naechste woche sollte die offensive vorbei sein, viele werden auf dem Schlachtfeld liegen bleiben. :(


    Good luck to all who hold or buy. ;)


    XEX 8)

    Tip of the iceberg

    Social Development Minister Zola Skweyiya has revealed that tens of thousands of public servants are under investigation for fraudulent and illegal receipt of government grants. He has also revealed that, apart from individuals, various syndicates are also involved.


    It was relatively easy to identify public servants who received government grants as it was only necessary to compare the identity numbers of those on government's payroll with the identity numbers of grant recipients. But it is not quite so easy to compare the identity numbers of the privately
    employed with those of grant recipients.


    I was recently approached by a domestic servant who said that she had been advised during a recent clinic visit that she should apply for a pension.


    She is more than 60 years old. I advised her that she does not yet qualify for a pension, because she is still in regular full time employment and earns over R1,000 a month.


    It now becomes clear that officials in the welfare department have also been grossly negligent. There are (still) many individuals who might be unaware that they are not entitled to the additional grant.


    There are those who might well be aware that they were not entitled to the grant, but took a chance, because of the laxity of the department. Then there are the syndicates.


    What is clear is that there are many more than the 37,000 referred to by the minister. Will the department now actively follow this up and rectify the matter or will they let things be?


    14 April 2005 07:22:00 AM