Beiträge von Eldorado

  • Thai Guru's Gold und Silber ... (Informationen und Vermutungen)

    @ Gmorning Peter (heute bitte weniger fragen,lese mal mehr) ;)
    Are you lonely ??? :(


    The Coming Deflation Scare


    Steve Saville


    Below is an extract from a commentary originally posted at http://www.speculative-investor.com on 6th April 2005:


    In the 5th January Interim Update we said: "...if the various markets do roughly what we expect them to do then another big deflation scare is probably on the cards for 2005-2006. In particular, if a) gold and gold stocks experience normal mid-cycle corrections over much of this year, b) the stock market peaks during the first quarter of this year and then declines into the next 4-year cycle bottom (due in the second half of 2006), and c) commodities trend lower between the second quarter of this year and the third quarter of 2006 in synch with reduced global growth expectations and a strengthening US$, then deflation fears will once again begin to dominate the financial landscape. However, it's a very good bet that the end result of the 2005-2006 deflation scare will be the same as the result of every other perceived deflation threat of the past 70 years -- more inflation, one of the main effects of which will be currency depreciation."

  • Thai Guru's Gold und Silber ... (Informationen und Vermutungen)

    China allows online gold sales to boost demand



    Mon April 11, 2005 10:11 AM GMT+02:00
    SINGAPORE (Reuters) - China has said private investors may buy and sell gold through the Internet, its latest move to boost demand for the precious metal, industry sources said on Monday.


    From late March, individuals have been able to buy gold for investment online from the Bank of China and other selected banks which are members of the Shanghai Gold Exchange, they said.


    Earlier this year, China cut the import tax on jewellery to 21.3 percent from 23.3 percent in 2004 to help encourage foreign investors to set up jewellery factories as well as to boost consumption in one of the world's largest buyers.


    "Investors in China can now buy and sell gold through Internet banking with certain banks which provide the service," said Albert Cheng, managing director Far East for the industry-backed World Gold Council.


    Through Internet banking, investors can transfer money from their bank account into a gold saving account, making gold trading more convenient, said Cheng.


    An official at the Shanghai Gold Exchange said China now allowed online gold transactions.


    China is gradually liberalising its gold market but a few restrictions, such as the import tax, remain. Beijing still imposes a 17 percent Value-Added Tax that local dealers have to pay to import gold jewellery into China.


    But gold is now traded freely at world prices on the exchange, which began operations in 2002.


    "Starting March 28, individuals in China can buy and sell gold through their PC. It is similar to buying and selling stocks," said one dealer in Shanghai. "I think this is a right move."


    Dealers said China's gold demand was expected to have risen 15 percent last year to around 314 tonnes as the country liberalised its bullion market.


    "I'm not sure about March 28, but I can assure you this has taken place in China," said the official at the Shanghai Exchange, referring to online gold dealing.


    The Bank of China has issued gold bars called "2008" in the run-up to hosting the 2008 Olympics, the official said, adding the bars may be bought by local investors online.


    Spot gold was trading at $426.90/427.65 an ounce by 0654 GMT, versus $426.60/427.30 late in New York on Friday.

  • Gold und Silberminen im fernen Osten

    Re: News Releases - 2005 - Monday, April 11, 2005
    Drilling Continues to Intersect Wide Zones of Gold
    Mineralization, Boka Gold Project, Yunnan Province, China


    To view the Southwestern Resources Corp. April 11th, 2005 news release:


    Drilling Continues to Intersect Wide Zones of Gold Mineralization, Boka
    Gold Project, Yunnan Province, China


    please click on the link and check the results : :P


    Associated File:


    http://www.swgold.com/i/pdf/2005/SWG-Apr112005.pdf


    27 KB in size, approx. 6 seconds to download at 56.6Kbps

  • Juniors aus Kanada

    Candente and Orex Identify Twelve Exploration Targets on Las Sorpresas Gold Property, Peru


    Monday April 11, 2:47 pm ET


    DNT.TO


    VANCOUVER, British Columbia--(BUSINESS WIRE)--April 11, 2005--Candente Resource Corp and Orex Ventures Inc. (TSX VENTURE News) are pleased to announce that twelve gold and gold-copper exploration targets have been identified within the Las Sorpresas property. Las Sorpresas borders the southern boundary of Yanacocha, the world's largest open-pit, heap leach gold operation with in excess of 35 million ounces of gold. The targets are part of a trend of domal-circular features, structural controls and clay alteration zones, which are also associated with some of Yanacocha's gold deposits including Cerro Quillish which lies just northwest of the Las Sorpresas property.

    Domal-circular features often represent intrusions which acted as heat sources for gold mineralizing systems and the controlling structures are believed to have acted as some of the pathways for the gold bearing solutions which deposited gold at Yanacocha. On Las Sorpresas two major NW-NNW trending faults cross the central part of the property and extend northward into the central Yanacocha main mine area and across the NE flank of the Cerro Quillish gold deposit. A cluster of domal-circular features occurs along this structure. The satellite imagery also located a number of alunite, pyrophyllite and kaolinite, alteration anomalies on the Las Sorpresas property, which are similar to those occurring with gold mineralization in the Yanacocha deposits.


    Evidence of gold mineralization on Las Sorpresas, found through previous work by Candente, includes anomalous levels of gold in stream sediments, hydrothermal alteration zones and key (geochemical) trace elements in soils and rocks. All of these indicators are similar to those which have assisted in gold discoveries at Yanacocha.


    The structural and alteration interpretation was conducted on a satellite photo image covering both the Las Sorpresas property and the Yanachocha mine area. Murphy Geological Services of Cork, Ireland completed the study on an Aster high resolution satellite image which encompassed an area 48 km east-west by 64 km north-south.


    During late 2004, Candente and Orex carried out a geophysical Induced Polarization (IP) survey, which evaluated depths of up to 200 meters only. Further IP surveys are planned to have a deeper penetration in order to locate buried gold and gold-copper sulphide deposits similar to those which underlie the oxide gold deposits currently being mined at Yanacocha.


    The Las Sorpresas property is situated in the Andean mountains of Northern Peru and is road accessible one hour from the City of Cajamarca. Exploration on the property is operated by Candente's Peruvian exploration team employed by subsidiary Cia. Minera Oro Candente S.A. ("Oro Candente") and lead by Ing. Fredy Huanqui, Director and Vice President Exploration for Latin America. Michael Casselman, M.Sc., P.Geo., General Manager Exploration and Director of Candente and Joanne C. Freeze, P.Geo., President, are the qualified persons (QP) as defined by NI 43-101 for the project discussed above and they have verified the information, have read and approved the contents of this release.


    Further exploration is planned to commence in May, following the rainy season, and will include additional geophysical (IP) surveys with deeper penetration abilities. The IP survey will cover the major NW-NNW trending faults and clusters of domal and circular features extending southward from Yanacocha's main mine area and Cerro Quilish gold deposit, as well as areas with alunite and pyrophyllite alteration anomalies.


    Orex has the right to earn a 51% interest in the Las Sorpresas property by incurring exploration expenditures of US$2.5 million by December 31, 2007 on the property, while Candente retains the right to operate all exploration during this period. In addition to the exploration expenditure commitments, Candente has received US$15,000 in cash and will receive staged share issuances totalling 250,000 shares for the property by January 31st, 2008.


    Candente is a diversified copper and gold exploration company. Our focus is to increase shareholder value through discovery. Candente has an advanced exploration stage copper project, Canariaco, and several other gold and gold-copper projects in Peru and Newfoundland. Candente's directors have individual track records in both the discovery and development of multi-million ounce gold and silver, and multi-billion pound copper deposits. Candente subscribes to principles which ensure that its exploration and development activities are beneficial to the local communities.


    Orex is a junior mineral exploration company, comprised of highly qualified mining professionals with a current focus on the exploration of prospective gold properties in northern Peru. Management is actively engaged in the acquisition of new properties in South America.

  • Juniors aus Kanada

    Nichts wie kosten und markler gebuehren !! X(
    Die verdienen immer bei verkauf und kauf. :P
    Das pferde wechsel und darauf aufpassen kostet auch geld. 8o
    Deshalb heissen die auch bank. :D


    XEX 8)

  • Thai Guru's Gold und Silber ... (Informationen und Vermutungen)

    Gold Doesn't Depend on the Dollar. The Dollar Depends on Gold!


    What everyone is going to be shocked to find out is that gold and the dollar will rise together as the Kondratieff winter gets underway. That is when the real gold bull market will begin and it will begin because confidence in debt money will begin to mount. And a symptom of declining confidence in "debt money" will be widening credit spreads. Bob Hoye does quite a lot of work analyzing this matter and he suggests that another symptom then will also be a steepening of the yield curve as investors flee out of the long end of the yield curve into short term lenders in order to gain liquidity. We will watch that carefully. We note that during the 1930's, early in that decade of deflation, treasury interest rates shot up. Then they slowly declined until about 1940. A rising interest rate could be in fact the straw that breaks the back of inflation which would then cause the establishment to lose control. :rolleyes:


    *******************
    April 10, 2005


    Jay Taylor, Editor of J Taylor's Gold & Technology Stocks

  • Lupos Schmuddelecke

    @ Patrone Lupo


    Solltest wieder im Land sein wenn du das liest.
    Perth hat mir nicht gefallen,nichts viel los und alte haeuser,fast jedes war mal ein knast. :D Bis auf Cappucino strip in Freemantle und St.Margaret das Weinland im Sueden hat mich nichts gefreut.
    Den Crayfish kriege ich auch hier, trotzdem muss man die Einsteiger Stadt mal kennenlernen. Da fangen alle an wenn das geld oder der job nicht reicht um gleich an die ostkueste z.B Sydney zu gehen.
    Broome ist ok and der Westkueste.


    Bin gespannt was du meinst dazu ?


    Gruss


    Eldorado

  • Thai Guru's Gold und Silber ... (Informationen und Vermutungen)

    @ Schwabenpfeil


    Kann ich nun die Urlaubsvertretung fuer GATA news an dich zurueckgeben ? Dein Urlaub ist nun vorbei :))


    Den mache ich noch,ok ?



    GOLD


    COMMENTS:


    1. Now here is a piece of news with VERY significant implications for gold, silver, oil as well as other markets: I quote from the FT of Friday, April 8:


    " The US Senate will vote no later than July on legislation that would slap across the board tariffs on imports of Chinese goods unless China agrees to revalue its currency ".


    OK, IT'S SHOWDOWN TIME and there are two and a half months for the Chinese to act. I frankly don't see any other viable option but for the Chinese to revalue BY AT LEAST 15% TO 20% against the US dollar ( anything less than that would be seen as trivial as many economists/analysts have come to the conclusion that the yuan is 40% undervalued ) as a first step measure. How precisely the Chinese decide to revalue is an open question ( all at once or in a step ladder fashion and against a basket of currencies including the US dollar or just the dollar ) but revalue they must, in my opinion, and I think they will do this before the debates begin in the US Senate since once that starts the results may be far more damaging for them then to act preemptively. I believe investors/traders will agree with my thinking and act NOW on the assumption that revaluation is in the cards in the near term. Here are some of the potential ramifications as I see them:


    i. Anything denominated in US dollars in the world markets becomes immediately less costly to the Chinese by the amount of the revaluation and that means GOLD, SILVER, AND OIL among other commodities. This would be happening just as the Chinese banks are opening up the cash/bar gold market to the Chinese public in an unprecedented fashion. This is so important that I will quote directly from an article in the Shanghai Daily News of April 4, 2005:


    " The China Construction Bank will lead the other Chinese banks in entering the gold trade. The bank has announced a plan to start its own bullion sale next month in eight of its branches nationwide, including Shanghai, the Youth Daily reported. Previously, banks only helped gold manufacturers to sell their products. CCB has branded the new product as " Long Ding Jin " in Chinese and is having Shanghai Gold Exchange member companies produce the bullion, the same report said. THE BULLION WILL COME IN A SERIES OF SIZES, SUCH AS 50 GRAMS AND 100 GRAMS. TO ENSURE A SUFFICIENT SUPPLY FOR INDIVIDUAL INVESTORS, CCB WILL SELL THE BULLION OVER THE COUNTER RATHER THAN RECEIVING BOOKINGS ( I hope they set up a branch here soon since I would love to buy over the counter too ). Seeking to create new profit sources, and MOTIVATED BY THE DOMESTIC ZEAL FOR THE NEWLY OPENED GOLD TRADE , China's banks are eager to start the individual gold trade, analysts said. As well, THE OTHER THREE OF THE COUNTRY'S ' BIG FOUR ' STATE-OWNED BANKS HAVE OBTAINED CENTRAL BANK APPROVAL FOR GOLD SALES AND ARE PREPARING TO UNVEIL THEIR OWN GOLD BUSINESS PLANS. While China Agricultural Bank is still considering introducing its own branded gold business, the Bank of China has said it has a plan to start gold sales this year. The Industrial and Commercial Bank of China will create a gold trade product in cooperation with the Shanghai Gold Exchange. "


    In conclusion, the fastest growing economy on the planet with no material slowdown in sight, whose population has revered gold for millenia, is going to revalue its currency sooner than later making gold that much less expensive and, at the same time, allowing the purchase of gold over the counter in small bar sizes and coins accessible to the general public over a wide distribution area. This has to be one of the most bullish set of fundamentals to enter the gold market in a very long time. As Bill Murphy would surely comment, who cares about expensive Italian gold jewelry design when you have this mega tsunami demand coming from the East. How do you say " Hello " in Chinese ?


    It is now Monday morning 10:08 ET and I started to write this Saturday evening but have been interrupted from completing this essay due to circumstances beyond my control and I want to get it to you immediately in view of its importance and urgency. I will finish in detail my analysis of gold, silver, and the US stock market this evening and will post it then. Many have asked me to post more often and I plan to do so twice weekly on a minimal cost subscription basis and if you are interested please email me at royalpalmtrading@adelphia.net and you will be notified shortly.


    Wishing you successful investing,


    Michel de Chabert-Ostland