Beiträge von Eldorado

  • Schnäppchen Eck..welche Aktie ist preiswert im Moment

    @ tschonko


    Sieht heute so aus das sich Clifton ebenfalls erholt nach dem hupfer von Dumont gestern. ;) Gestern schnappte sie Dumont, heute Clifton.
    Hat anscheinend irgend etwas mit dem Kiwit projekt zu tun und Insider kaufen. (Reine Vermutung !)


    Uhh, heute haut das cartel wieder drauf ! X(


    Ciao Tschonko, lese auch mal spica.


    XEX

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

    Is Alan Greenspan now between a rock and a hard place?


    Ceri Shepherd


    It seems to me that as time goes by, Alan Greenspan is backing himself into a corner he is rapidly running out of options. He famously quoted that he relished the chance to be able to fight a Kondratiev winter, personally I felt this was somewhat of a rash statement as fighting the tides of history, is always going to be fraught with danger and eventually failure.


    What has he achieved these last few years? Since 1995 he created the largest stock market bubble the world has ever seen. He stated that it is very difficult to identify a "bubble" (Federal Reserve Trademark) until after the event. I would suggest that when basic valuation metrics such as the PE ratio climbs to stratospheric historic heights. When the chart of the major indices becomes obviously parabolic, and when major index gains were in the region of 30% to 40% annually a detective would have deduced that we were probably in an unsustainable "bubble" (Federal Reserve Trademark).


    The inevitable bust has now created a new Alan Greenspan "bubble" (Federal Reserve Trademark) in the housing market which has all the hallmarks of the stockmarket "bubble" (Federal Reserve Trademark). FACT: prices are running way ahead of incomes and rental values and the direct material replacement cost of building a house. FACT: The graph is looking parabolic. Mr Greenspan if you are finding it difficult to yet again identify this "Bubble" (Federal Reserve Trademark) I will try and help you


    IT IS A BUBBLE ALAN! $$$$$$$$ :D :D :D :D

  • Gold und Silberminen im fernen Osten

    South Africa can not employ more people in low-skilled sectors as long as there was a minimum wage and countries such as India and China were prepared to pay workers less. This will eventually increase poverty and social unrest and strikes. Social unrest will disturb and hurt mining companies and shareholder value. There might be a new revolution, black against black on the arising. !!! 8o
    -------------------------------------------------------------------------------------------------


    Die asiaten lernen mehr und schneller, bei uns vergessen die meisten neger was man ihnen gestern gezeigt hat. Die meisten fuer morgen nichts planen oder irgendwelche sicherheit schaffen. Today is the day 8), tomorrow is a new day,... hopefully ! :D ?(


    To educate Afrika, will take another 100 years,maybe never !


    IMHO


    NO OFFENSE !! ;)


    Mfg


    Eldorado

  • Das neue Südafrika

    Rand action threat- govt calm 29/03/2005 20:31 - (SA)


    Government will continue to consult with business and labour to overcome unemployment and increase investment in spite of a threat by the Cosatu to strike against unemployment and the strong rand.


    In a calm reaction to the Cosatu threat, government spokesman Joel Netshitenzhe said the process of consultation was continuing.


    Cosatu has warned of a "job-loss bloodbath", saying spiralling unemployment was already behind unrest in poorer townships.
    "We are finalising some of the economic programmes for this year, especially through our consultations in the Presidential working groups," said Netshitenzhe.


    The SA Chamber of Business (Sacob) said it did not support Cosatu's approach to resort to industrial action and the DA called it "illogical".


    "Many of their 'demands' will worsen unemployment, while strike action itself will further deter investors from establishing job-creating operations in South Africa," said DA finance spokesman Ian Davidson.


    Sacob called for a solution to the problem "through proper dialogue through the correct channels, in which the determinant of the rand's value through market forces must not be disregarded."


    "The chamber is well aware that many businesses are under serious pressure from circumstances associated with the current strength of the rand," said Sacob spokesman Bill Lacey in a statement.


    It also suggested that a further liberalisation of exchange control might provide one possible option.


    Cosatu spokesman Patrick Craven told Sapa no dates had been set for the strike. However, the union body would "definitely be mobilising among all members, especially among mining and textile workers.


    "If we see a serious move on behalf of business to cancel retrenchments that have already been announced - that would be progress."


    A Cosatu statement over Easter weekend called on the government to declare a state of emergency regarding job losses. It also called for strong measures be taken to end the overvaluation of the rand, especially through a reduction in the real interest rate.


    The DA called the interest rate demand "ridiculous", saying it showed "an alarming misunderstanding of the reality of monetary policy in South Africa".


    Econometrix chief economist Azar Jammine said: "I do share Cosatu's concern about the high rand causing people to lose jobs.


    "But the trend of the world and South Africa has been more and more towards high-tech and knowledge-intense activities."


    He said labour-intensive sectors such as mining, manufacturing and agriculture were worst hit in the climate of unbalanced economic growth performance driven by a strong rand and reduced pressure on interest rates.


    "Tough as it is for Cosatu", South Africa could not employ more people in these low-skilled sectors as long as there was a minimum wage and countries such as India and China were prepared to pay workers less, said Jammine.



    AUF NACH CHINA ! :D

  • Western Areas WKN 854 633 ISIN ZAE000016549 WAR Oder Kebble´s Trojanisches Pferd

    gogh


    Was die kebble's machen oder nicht ist mir egal da ich fast keine kohle bei denen angelegt habe. Sicher hast du recht mit deiner entflechtung von JCI/DRD aber sie sind von haus auf nicht kosher ! :D
    Die sind mafiosi und die meinung habe ich ueber sie, und behalte sie auch. Das ist alles !
    Ohne irgendwelchen rassismus, don't trust a jew, a hindu, and a muslim,... if you are not one of them !
    Bevor die posaunen von jericho erklingen spricht sich das laengst vorher in den synagogen um, wo hauptsaechlich business besprochen wird.
    Die halten zusammen und spielen sich erst gegenseitig die baelle zu.
    Die haben einen sogenannten code of conduct, den wir leider nicht haben. Den letzten beissen dann die hunde X(, aber die meisten von denen habe die posaunen vorher gehoert. Zum groessten teil ist die ganze wirtschaft hier in ihren haenden und die meisten sind landlords die gut dabei verdienen...... Just watch out, buddy ! ;)


    I wish you luck !


    Ciao


    XEX

  • Das neue Südafrika

    Hi


    Traps for RSA


    Ich habe gestern erfahren das eine deutsche firma hier die modersten geschwindigkeitsmesser und cameras aufgestellt hat mit einem neuen deal der einerzeits diese gratis aufstellt und wartet sowie das die firma dafuer 40% von den strafen die bezahlt werden davon bekommt.
    Die schwarzen die in blechhuetten wohnen zahlen bestimmt keine strafe da es kein meldegesetz und TUV gibt. Den gibt es nur bei Eigentuemerwechsel und die meisten fahren ohne fuehrerschein herum.
    Ebenso braucht man nur Kraftfahrzeugssteuer jaehrlich bezahlen und man braucht keine haftpflicht versicherung in diesen land. Der einzige schutz dagegen ist eine vollkasko. Sonst sagt der neger, sorry and bye, bye ! :D



    Arms for RSA (Backhand deals ??)



    'Arms offsets R5bn off target'
    01/04/2005 11:51 - (SA)


    Johannesburg - South Africa's industrial offset programme relating to the country's multi-billion rand arm deal has come under fire from the official opposition - with the focus falling on Ferrostaal for allegedly not achieving nearly 70% of its commitment.
    The Democratic Alliance is calling for the Minister of Trade and Industry, Mandisi Mphalwa, to impose penalties on 3 of 5 corporations involved in the arms deal.


    Included in the arms deal is the purchase of 4 corvettes from the German Frigate Consortium, 3 submarines from Ferrostaal, 28 Gripen fighters from BAE/SAAB, 24 Hawk jet trainers from BAE and 25 light utility helicopters from Agusta. Thales is involved in the provision of the weapons system for the corvettes.


    Ferrostaal, which represents the German Submarine Consortium, has not provided R4bn in investments in terms of its offset commitments, claims shadow trade and industry minister Enyinna Nkem-Abonta, a Democratic Alliance MP.


    He told a news conference at parliament that BAE/SAAB and Thales were also defaulting on their offset obligations - to a combined value of some R5bn.


    "The 1999 arms deal was signed on the condition that the international contractors benefiting from the procurement would direct specified amounts of investment to South Africa as part of the National Industrial Participation programme. All of the contractors also agreed to specific sales commitments that would form part of their offset contracts.


    Penalties


    "The estimated penalty that can be imposed for this shortfall is R136m (for Ferrostaal)," said Nkem-Abonta. In addition BAE/SAAB's shortfall was R845m or 6% of its obligation "with an estimated penalty of R315m. Thales' shortfall is R263m or 15% "with an estimated penalty of R93m".


    Drawn from official documents Ferrostaal has invested just €220m (about R1.7bn) in offsets compared to the €720m (about R5.8bn) pledged by the end of 2004. It had created just 297 jobs.


    Its total obligation is about R24bn by 2007 with a contract value of R8.2bn for the provision of submarines.


    BAE/SAAB had meant to invest and be involved in procurement sales to South African companies to the tune of $2.3bn (about R14bn) - including $300m in investment and $2bn in procurement sales.


    In fact by April 2004 this had reached US$2.16 billion (about R13.4bn), including $300 million in investments and $18.6 billion in sales. This was a shortfall of about $134m or about R840m - or about 6% of offset obligation as at April last year.


    Thales was down 15% on obligations by the first milestone or by about R260m (US$41.7m) by April 2003 - the latest figures available.


    However, Agusta had achieved its first offset milestone in April 2004 of $42.6 million (R265m) and Thyssen Krupp (German Frigate Consortium) had achieved its first milestone of $56.5 million (R352m) while for procurement sales but the assessment for $147 million (R916m) for its offset investments is to be carried out this year.


    The total offset obligation so far was R23.5bn of which ... R17.5bn has been forthcoming, say DA researcher Tim Harris. These figures do not include the offset investments of Thyssen Krupp.

  • Das neue Südafrika

    Selling South Africa, Inc.
    By: Barry Sergeant
    Posted: '31-MAR-05 15:00' GMT © Mineweb 1997-2004



    JOHANNESBURG (Mineweb.com) -- The news is out: South Africa’s current-account deficit exploded by 135%, from R18.9 billion for 2003 as a whole, to R44.4 billion for 2004. The single biggest item within the current-account, the trade account, collapsed from a surplus of R26,6 billion in 2003 to just above zero in 2004.
    Seen another way, the current-account deficit measured an increase of 113%, as it rose from 1,5% of gross domestic product (GDP) in 2003 to 3.2% in 2004. The explosion was driven by a rand bull market - particularly against the dollar - of 36 months’ duration. The process has steadily cut the cost of imports, driving inflation to historic lows, pushing interest rates to the lowest levels in 24 years, and generating, of course, a consumer boom of note.


    The problem is that current-account deficits must be financed, and with foreign capital, on which front, domestic officials have so far steadfastly insisted, there have been no real challenges. The reality is that South Africa has one of the highest real interest rates in the world, attracting “hot” money from global capital portfolio flows into domestic overnight accounts.


    Such transactions, known as “carry trades” can dry up in hours, never mind days or weeks. Despite similar, low rates of inflation in South Africa and the US, core interest rates are, respectively, 7.5%, against 2.75% in the US, where rates are rising. So far, it has been a no-brainer to borrow in dollars and invest in rands.


    But it may be no coincidence that the heaviest bloodletting in global stock markets during March 2005 was seen not only in global emerging markets (GEMs), but specifically in those GEMs with worrying, and rising, current-account deficits. The majority of the effected stock markets are located in the axis that links emerging Europe, Middle East and Africa (EMEA).


    Measured in dollar terms, stock markets in Turkey have fallen 19% this month, the steepest fall of any bourse in the world, followed, in order, by Hungary, Poland, South Africa (-12%) and the Czech Republic. Asian markets, which are underpinned by current-account surpluses, sometimes-massive ones, fell by lesser amounts.


    Certain current-account deficits have made for big news in the past few years. But where South Africa’s latest alarming figures have been all but ignored by investors, there has been no question that the US current-account deficit is the world’s most watched figure. In its publication World Economic Situation and Prospects 2005, the UN stated that the US current-account deficit, which last year rose 25% on 2003’s figure to a record high of $666 billion, was simply the largest external imbalance in the world. The UN warned over the persisting possibility of “an abrupt and globally damaging correction.”


    However, the attitude towards South Africa’s current-account deficit may at last be changing. Monde Mnyande, head of research at the Reserve Bank, South Africa’s central bank, this week stated that the current-account deficit “is something to worry about.”


    In a note to clients, back in January, Citadel Investment Services, noting that South Africa’s international trade balance had swung from a sizeable surplus to a gaping deficit, argued that “if the pace at which this trade balance has deteriorated were to continue, South Africa would be in a similar position to that of the US in a matter of six to nine months.”


    March’s bloodletting in global market set in on March 22, when the Federal Reserve, the US central bank, raised core interest rates for the seventh consecutive time, and hinted that it may accelerate its programme of further hikes, given signs of rising inflation, not least inspired by record dollar crude oil prices.


    That triggered a global switch out of GEM equities and bonds, into dollar assets. However, it is now equally clear that not one of the 24 developed country stock markets is going to end March with a net gain.


    The bottom line is that global financial risks are on the rise. Previous periods of Federal Reserve monetary tightening have typically culminated in a financial crisis, not least devaluation of the Mexican peso in 1994, and the Asian currency crisis in 1997-8, to mention just two examples.


    Back to the present tense, where South Africa’s current-account deficit continues to balloon. As Shireen Darmalingam, an economist at Standard Bank puts its, “the rand’s relative strength has thus far dampened exporting companies' profits and has hurt trade competitiveness. This could cause the trade deficit to widen in the months ahead. Domestic demand, however, is likely to continue supporting imports in the coming months.”

  • Gold und Silberminen im fernen Osten

    Gold from central China
    By: Rhona O'Connell
    Posted: '31-MAR-05 12:00' GMT © Mineweb 1997-2004



    LONDON (Mineweb.com) -- Deregulation of China’s gold industry extends not only to the increasing liberalisation of private purchases and the formation of the Shanghai Gold Exchange, but also covers the mining sector. China has taken ages to open up to foreign investment and has tended in the past to allow foreign interests only on the more-testing deposits. But this too is changing. Central China Goldfields, a new company managed by directors with “on-site” experience in China, is looking to take advantage of this evolution.


    Central China Goldfields’ Chairman Nigel Clark is currently the managing director of the British Chamber of Commerce in China and is the Chairman of China International Mining Group; previously a Billiton business development manager, and a former general manager of two gold mines in Indonesia, has thirty years’ experience in the mining industry. Managing director Jeffrey Malaihollo is the head of research at Loeb Aron, having previously worked in generative programmes for Newcrest, Rio Tinto and Billiton in South-East Asia, China and Russia. Fund manager Merfyn Roberts is a non-executive director, while exploration manager Chris Ford has previous experience with Carlin-type deposits in China.


    Central China Goldfields was incorporated last November 3 with a view to acquiring Nexon Asia Group Limited, which, in turn, had in the previous April entered into a Cooperative Joint Venture Contact for gold exploration programmes with the Sichuan Bureau of Metallurgy and Geological Exploration (“SBMGE”) on the Snow Mountain project in the western Qinling folds belt in the northern Sichuan Province of China. This was duly completed on December 23and on March 30 the company listed on AIM with ticker symbol GGG and with a market capitalisation of £4.2 million ($7.9 million), of which £2.3 million ($4.3 million) is in cash.


    The capital raising was for £2 million at £0.08 per share, with a one-for-two listed warrants (symbol GGGW), also at £0.08 for thirteen months. In addition there are 3.07 million options at £0.06 for five years.


    The western Qinling fold belt contains a number of recent discoveries bearing similar characteristics to the Carlin trend in Nevada hosts several multi-million ounce deposits. The independent Competent Person’s reports (CSA Australia, earlier this year) describes the region as one of the most significant gold regions in China. The company has a large ground holding in the province, and while the company’s initial target is the Snow Mountain project, the area is prospective for further discoveries. The project includes seven contiguous exploration licenses covering approximately 54.31 square kilometers that are held by three subdivisions of the SBMGE and which are being transferred to the joint venture company. This, known in full as Sichuan Snow Mountain Mining Exploration Unite Center, or SSMMEUC. Central China Goldfields also has the first right of refusal to apply for licenses for SSMMEUC over two areas amounting to roughly 4,600 square kilometers on the western Qinling Belt.


    Infrastructure is good; the deposit lies 370km to the northwest of Chengdu on paved roads, with a hydroelectric dam under construction. The deposit was first discovered by SBMGE in 1986, and detailed mapping, sampling, trenching and adit development was carried out through to 1999, including 6,000 metres of adit development and 42 drill holes extending over 10,000 metres. To date 14 mineralised zones have been identified, of which many are open at depth. Significant intersection include 26 metres a 4.5g/t gold, 15 metres at 3.3g/t gold 8.5 metres at 5.4g/t gold and 11 metres at 4 g/t gold. This gives inferred Mineral Resources of 225,500 ounces on the 43-101 standard with a further 725,000 ounces identified under Chinese guidelines.


    The Cooperative Joint Venture Contract on the Snow Mountain project allows the company to earn a 75% interest in the joint venture through funding a $7.04 million six-year exploration programme, which commenced on 2nd December 2004, along with property payments totalling $640,000 over three years commencing on the same date. Once the 75% interest is achieved, further exploration costs will be divided pro rata, but the SBMGE holding must not drop below 12%. In addition, the Group may terminate the Cooperative Joint Venture Contract at any time after the first year’s contribution has been paid, at which point the rights would vest again wholly in SBMGE. This is an early example of foreign cooperative developments in China and its course of development will be a useful guideline for those that follow.

  • Western Areas WKN 854 633 ISIN ZAE000016549 WAR Oder Kebble´s Trojanisches Pferd


    Ok, nun sollte wieder alles paletti sein. ;)
    Go kann ja auch nun etwas sagen und frieden schaffen.
    I did'nt mean it is,


    GOOD ! :))


    Vergisst nicht, wenn sich zwei steiten dann freut sich der dritte, wir wissen wer davon nutzen ziehen kann.



    XEX