Es ist bekannte Tatsache, dass der Goldpreis seit den 1980er Jahren künstlich gedrückt wird, um die niedrigen Zisen weltweit nicht zu gefährden. Hier einige Weblinks dazu:

GATA: http://www.gata.org/
Le Metropole Cafe: http://www.lemetropolecafe.com/ (Abonnement erforderlich, Midas Newsletter)
Bill Murphy Artikel auf Goldseek.com (frei): http://news.goldseek.com/LemetropoleCafe/

Enthält alle Einträge vom 1.1.2007 bis 30.6.2007.
Alte Seiten von 2006 auslagert zum schnelleren Laden der Seiten.
Neue Seiten ab 1.7.2007 sind hier.

Neu 2007-06-29:

Aus dem MIDAS vom 28. Juni:

Have to laugh a little. The STALKER’S London silver source is livid about what the criminals (his word) in New York did to silver this week. He can’t believe the regulatory authorities aren’t all over this, going on to say there is NO silver of any size in London … small lots yes, but nothing of size. From what I am told he is as mad as the GATA camp about the nonsense in the precious metals markets.

Soso, kein Silber mehr in London, nur mehr Kleinigkeiten. Trotzdem gelingt es den Preis immer noch zu drücken.

The World Gold Council has updated their data and are showing May 2007 total Central Bank gold sales of 80.0 tonnes, all of which is CBGA (european) sales. These sales are 960 tonnes annualized and exceed May 2006 total sales which were 74.5 tonnes. The 80 tonnes of gold sales are the largest for any month since May 2002 when total sales were 85.5 tonnes of which 41.5 tonnes were by the Russians. No wonder the precious metals keep crashing in May, the 3 largest monthly sales in the last 5 years were all in May. The country with the largest gold purchases this year is Qatar whose central bank has bought 7.7 tonnes in the January thru March period.

80 Tonnen haben die europäischen Zentralbanken im Mai verkauft - diese Idioten. Das war mehr als im Mai 2006.
Und die Araber kaufen.

That said, the reasons for the price of gold to soar keep getting better. The Fed is in a real bind, which is why The Gold Cartel ORDERED the price down. Still, what are they going to do? Inflation IS a serious problem, now compounded by a surging price of oil. At the same time, the housing market continues to worsen. If they raise rates, the housing and stock market tank (even with the PPT lurking out there). If they don't, the dollar is going to tank.

The Gold Cartel and other central banks went through a lot of gold to overpower physical market demand in the short term. If they have run out of their available stash, as Adrian sees in his technical work, we will be off to the races sooner than most think.

Alles spricht für einen baldigen, massiven Preisanstieg. Die Zentralbanken werfen derzeit offenbar alles auf den Markt, was sie haben. Aber das wird ihnen mittelfristig nichts helfen. Die tun das immer so. Es ist sehr leicht, gegen Banken oder gar Zentralbanken zu spekulieren.

Erwarten Sie ein massives Ereignis einer anderen Art, wo diese Preisdrückung dann mit den anderen Manipulationen hochgeht:
- Multiple Hedge-Fond Pleiten
- Nicht mehr kontrollierbarer Crash bei den Aktien und Bonds
- Untergang einer grossen Bank
- Iran-Angriff oder plötzliche, militärische US-Katastrophe
- Plötzlicher Abgang von Hank Paulson (sorry, Helicopter Ben muss bleiben, der lebt davon)

Neu 2007-06-28:

Aus dem MIDAS vom 27. Juni:

If I might say so myself, it is so important to know what this gold market is all about and what the real story is. The tedium of late and nonsensical comments on the market would make most uniformed investors run to the sidelines and never look back. It clarifies the tried and true axiom why most investors NEVER make the BIG MONEY on the giant market moves. It has been a real drought for returns of late. However, the end results will be spectacular, as they have been since 2001. We just need some rain to dampen the efforts of the bad guys who are forcing the price down. We will get it, like day follows night.

I cannot help but think about how the bombing of gold, both yesterday and over the last few weeks, coincides with the blow-up of the Bear Stearns funds. Then I recall Paul Volker’s celebrated statement to the effect that gold needs to be controlled during a Fed-sponsored financial rescue mission. The events fit together like a hand in a glove. Add to that a bunch of unregulated short sellers and you have a fairly powerful attack on the metals. There’s no telling precisely how long this will last, but the "burn rate" of the government’s gold reserves must be rather high right now. Afterwards there should be a great bounce as they pull back from this costly intervention and the short sellers cover. People should remember, too, that the day is coming when the Fed and their cohorts will no longer have the ability to pull this kind of stunt again.

UBS, unusually, comments that
“Central banks are believed to be selling a large amount of gold”

The action of the US stock market was comical today. Down early due to lousy US economic news, the PPT came in right on schedule, holding it up until the shorts had to "cry uncle." It was clear all session long that it would be only a matter of time before the DOW went higher and then up from there. ONCE YET AGAIN, just when it looked like the DOW would break down, it reversed.
The intervention in the US financial market scene is accelerating, hard as that is to fathom. As time goes by, the shenanigans will have to end badly as it is creating all sorts of market disqualibria. The average American investor (many others too) won't know what hit them.

Es sieht also so aus, als würden das US-PPT und das Goldkartell alles einsetzen, um die Bear Stearns Affäre einzugrenzen.
Getreu nach der Aussage von Paul Volker, dass der Goldpreis während einer Rettungsaktion "kontrolliert" werden muss.
Was wird dafür auf den Markt geworfen? primär das europäische Zentralbank-Gold. Sogar UBS meldet es.

Nicht vergessen: alles was sie tun, ist die echte Krise hinausschieben!
Und heute gibt es die Fed-Zinsentscheidung. Da darf der Goldpreis vorher nicht steigen.

Neu 2007-06-21:

Die Zentralbanken werfen alles was sie haben auf den Markt:

Neil Ryan: Blanchard Economic Research Note

1. Comparing gold sales on an annual basis when 90% of the annual sales have taken place in a three month period is being a bit coy about the issue.

2. Sales by the Bank of Spain (sold 25% of gold reserves in 3 months), National Bank of Indonesia (sold 27% of gold reserves in 1 month), Bank of International Settlements (sold 15% of gold reserves in 1 month) and the return of the Bank of England to the gold sales market were completely and totally unexpected by the marketplace. The BOE and BIS have still made no public comment about their recent reserves sales.

Die BIZ hat in einem Monat 15% ihres Gold-Bestandes auf den Markt geworfen. Das tut sie normalerweise nicht.
Hier tobt wirklich ein Kampf um das Überleben des Systems.

Neu 2007-06-12:

James Turk zu den "Freitag-Drückungen":

Will History Repeat?

Big sell-offs are purposefully intended to cause gold holders to worry over the weekend. The thinking goes that one is so filled with angst by Monday morning worrying about their position that they can hardly wait for trading to begin on Monday to dump their gold, which will of course be bought by whoever was "painting the tape". And who could that be? Of course it is the gold cartel looking to cover their short positions by preying on those selling their gold for the wrong reasons. Don't let that be you.

Ein böser psychologischer Trick des Goldkartells. An manchen Freitagen (dann wenn es besonders notwendig ist) organisiert man einen grossen Abverkauf kurz vor Comex-Schluss. Dann dürfen sich die Long-Spekulaten über das ganze Wochenende Sorgen machen, wie sie aus ihren Positionen wieder rauskommen, so dass sie dann am Montag verkaufen.

Technische Analysten: lieber tot seinals falsch liegen?

Peter Grandich: GOLD - Did Someone Ring a Bell?

I think part of the reason why few support GATA is because to admit they are right would thereby suggest that all the technical analysis (and much of the daily fundamental analogy given for gold’s ups and downs) would be worthless. I think for most, including myself for the longest time, would sooner die.

Hier ist einer, der die Goldpreis-Manipulation selbst lange abgestritten hat. Denn dann könnten sie ihre Werkzeuge der technischen Analyse wegwerfen. Also wären die meisten lieber tot als ihren Glauben in die technische Analyse aufzugeben.

Als Investor braucht man die geistige Flexibilität um zu erkennen, welches Werkzeug funktioniert und welches nicht.
Wenn man erkannt hat, dass eines (wie die techniche Analyse in einem manipulierten Markt) nicht funktioniert, dann muss man es aufgeben und ein anderes suchen!

Aus dem Midas vom 12. Juni:

We have yet another shocker as far as the gold open interest is concerned, shedding more anecdotal evidence that something significant is going on in the gold market … and it has to do with the War of the Worlds again, SMART MONEY, etc. For the second day in a row the gold open interest went up (2859 contracts to 406,903) not down as expected, which would have been the normal case in the past. Simplistically what it means is gold fell on Friday, due to even more Gold Cartel selling, even with some of the usual trend following funds selling too.

So who was surprisingly on the buy side, which had to have kept gold from plummeting even more than it did? Had to be this same BIG MONEY crowd that supported gold the last time down at right above $650, before it spiked back up to the $670 area.

This tells me that the Gold War is intensifying between those who understand how bullish the gold fundamentals are and want to accumulate it, versus The Gold Cartel and Planet Wall Street crowd that desperately want to suppress the price. The urgency to keep the gold price down is now exasperated by the sudden surge in the intermediate/long interest rates. The powers in Washington and New York dread that if the gold price takes off, blowing through $700, the general predictable comment will be that the price rise is confirming the inflation fears of the bond vigilantes, which could spur US interest rates even higher.

Da tobt offenbar wirklich eine Schlacht der Welten hinter den Kulissen.
Dei Preisdrückung vom Donnerstag und Freitag ist eindeutig auf das Gold-Kartell zurückzuführen, da der Comex Open Interest gestiegen ist, d.h. das Kartell hat Papier-Gold verkauft. Aber ist jetzt offenbar "Big Money" da, das alles aufkauft.
Dann erwachen offenbar wieder die "Bond Vigilantes" und sehen die Inflation.

Neu 2007-06-05:

Die Euro-Zentralbanken haben in 3 Monaten 170t Gold auf den Markt geworfen:

Neil Ryan: Blanchard Economic Research Note

Trotzdem haben sie den Preis nur am Steigen gehindert.

While we are no expert on the Spanish economy, this fire sale of gold reserves looks much more like an attempt to raise quick cash to solve banking and housing issues rather than a program of diversification.

Spanien hat im Mai weitere 28 Tonnen verkauft, haben die so grosse Probleme?

Neu 2007-05-26:

Aus dem MIDAS (Bill Murphy) vom 25. Mai:

What makes it more sickening is to watch the opposite kind of market action when it comes to the DOW. It was due 50 higher this morning, following yesterday’s hit. This kind of PPT influenced nudge is what we have seen time and time again, especially since General Paulson took over the reigns at the US Treasury.

Now for the potentially MOST FUN stuff …this is astounding … the COMEX gold open interest went UP SHARPLY, to make an all-time high of 423,183, up a whopping 8372 contracts.

According to our floor sources, the funds are liquidating at the moment, and are not rolling their June positions over. Normally the spread between the spot month and roll over month widens going into the delivery period, when the specs rollover their long positions. The Jun/Aug spread has been running at $6.30/$6.50 Aug premium. Normally the spread would move out to $6.80/$7. Not today. It came in to $6. This tells us it is new buyers who are entering the fray on the long side.

So who the heck is selling like crazy at these levels? The floor is The only answer for this that I can come up with is what you are seeing here is Gold Cartel selling of enormous proportions, in an effort to take the gold price lower to calm down inflation fears, and over gradually rising US intermediate/long term interest rates. Somebody is taking the cabal on. It is NOT the usual tech funds who are dumping longs, and maybe even going short.

The buildup in the gold open interest is coming in the August contract, a good sign, as it is a nearby move play. In addition, the June contract still has 111,773 contracts to be dealt with, most of them before First Notice Day next Thursday. That is a massive amount on the books at this late day before the delivery period next week.

Could there be some monstrous buyer (say Arab money) moving in to take delivery? In the past this has been a hope trade of sorts … one that NEVER materializes. Yet, we have NEVER seen gold open interest do this before during a traditional spec liquidation. Something big is up.......

In the gold market we have never seen anything like this. No one is flinching in the futures pit. The Central banks are literally backing up the 18 wheelers and loading up with their dwindling stashes and dumping it on the market. The Cartel is in turbo-charged, red-line "overload" panic mode. The market has bent, but it hasn’t broken. The longs refuse to capitulate. I wrote yesterday that many of the analysts, including myself, are seeing subtle signs of a paradigm shift.

This epic battle will get resolved, but there is no prize for second place. The clear signs that the Cartel shorts are scouring the world for physical gold and dishoarding at phenomenal rates is a sure sign they are suffering much more than a flesh wound. The sharks are circling, they can smell blood......

The Fed is bluffing re the fight against inflation. They have caved by printing money, etc. Perhaps they have been found out by the SMART MONEY crowd who is willing to call their bluff and buy all the gold they can … because they know what the Fed’s cave means in the future for the dollar and US inflation. Too early to tell, but the incredible build in the gold open interest suggests something DRAMATIC is in front of us.

One more potential substantial positive is the sentiment situation. Most gold pundits are bearish. Normal bulls are bearish short term. As mentioned in this column by myself and others, the herd is rarely right when the preponderance of specs is leaning one way. Because of The Gold Cartel, this happens to the gold price more than in any other market by far.

Das war diesesmal ein sehr langer Ausschnitt, aber notwendig zum Verständnis der Situation.
Offenbar gibt es derzeit einen Kampf auf Biegen und Brechen am Goldmarkt und speziell an der COMEX in New York.
Das Gold-Cartell (Goldman Sachs & Co) verkauft (Papier) Gold wie noch nie, daher auch der bislang grösste "Open Interest" (Kontrakte die noch offen zur Lieferung oder Umwandlung sind). Die Fonds hat man wieder hinausgedrängt, aber es gibt offenbar eine neue Kategorie von "Longs" (Käufern), die nicht nachgeben. Das dürfte "Smart Money" sein, das die Situation gerochen hat (wie die Haie das Blut). Eine Schlacht der Titanen. Interessant die grosse Zahl von Long-Kontrakten (111773) für Juni, die nicht übergerollt wurden. Wollen die alle das Metall? 1 Kontrakt ist 100oz.

Neu 2007-05-21:

Wir sollen uns über den Goldpreis keine Sorgen machen:

Jay Tailor: Don't Worry About Gold

What I am hearing from Ian MacDonald, a big-time gold trader, whom we are getting ready to interview in this letter in the near future, is that there has been heavy, heavy central bank selling of gold to hold it down once again. And Trader Rog tells me he reads that there has been a huge amount of gold sold by Spain in an attempt to try to hold their welfare state together. Portugal is reportedly in a similar precarious position. This reminds me of the Soviet Union, which foolishly sold gold toward the end of its regime in order to buy more time. But the handwriting is on the wall. Big trouble is heading toward the Western economies. Bernanke can try to hide this fact by printing more and more money, and people can make believe all is well by borrowing it to buy new houses and cars to maintain the pretense that nothing is wrong. But all is not well. Thanks to mountains of indebtedness and mal investment caused by debt money (fiat) we heading either over the abyss or into a deflationary depression or we will face an exploding hyperinflation. When that happens, gold is heading to the moon.

How high will gold rise? It really doesn't matter. If we get hyperinflation, those predictions of 36,000 on the Dow or 100,000 on the Dow could well come true. But as that happens, we are likely to see an ounce of gold rise to similar levels as the Dow-to-gold ratio approaches 1:1. If my good friend Ian Gordon, the proponent of the Kondratieff deflationary winter, is right, we might see 5000 on the Dow and $5000 gold, or, as Ian would suggest, 1000 and $1,000.

Dass die Spanier und andere jetzt massiv Gold verkaufen, erinnert den Autor an die letzte Zeit der Sowjetunion. Die haben damals auch massiv Gold verkauft, um noch etwas Zeit zu gewinnen. Was ist passiert? Sie sind in einem hyperinflationären Kollaps untergegangen. So wird es auch hier geschehen, und der Goldpreis geht "bis zum Mond". Auch wenn dann der Dow auf 36000 steht, wird er vielleicht 1:1 zum Goldpreis stehen. Abwarten, und nicht aus der Ruhe bringen lassen.

PS: Auch von Anfang 2004 bis Mitte 2005 haben sie den Goldpreis bei etwa $410 "konstant gehalten". Was hat es ihnen genützt? Ab Sommer 2005 ist der Goldpreis hochgefahren.

Neu 2007-05-11:

Auch die Spanier verkaufen massiv Gold:

Neil Ryan: Blanchard Economic Research Note_2007-05-11

Das ist irr. In 2 Monaten haben die 20% ihres restlichen Bestandes verkauft!

Was fürchten die? höhere Zinsen, die ihre Immobilien-Bubble früher zerstören würde? Wie Frankreich!
Hier sehen Sie, dass diese Funktionäre alles tun, um ihre Jobs noch einige Monate länger zu erhalten.

Leser-Ergänzung:

bezüglich Ihrer Meldung über den Verkauf von 40 t Gold durch die spanische Zentralbank, die Sache ist noch viel schlimmer. Laut dem südafrikanischen Experte Julian D. W. Phillips, die letzten 40 Tonnen (wie die insgesamt 147 der letzten 3 Jahre), wurden wegen Call Options höchstwahrscheinlich zu den Preisen von vor 5 Jahren (etwa 350$/oz) verscherbelt.

Zu dem Niedrigpreis. Diese Funktionäre sind wirklich desperat. Bis zum letzten Barren.

Neu 2007-05-10:

Und wieder läuft eine Kamikaze-Attacke gegen den Goldpreis - wie im Mai 2006:

Aus dem Midas (Bill Murphy) vom 10. Mai:

Not much to say this morning. The gold market is all about The Gold Cartel putting pressure on the price in order to flush out the long specs and to defer the truth about what is actually occurring in the US economy …
What does make sense is the Fed is taking the dollar away from the 81 mark, so feared by them as brought to you by our STALKER source, and that the US Government has ordered gold not to be allowed to take out the $700 level. As you will recall, they "ORDERED" the price down last May, bombing it well below $600.

Bush befiehlt den Goldpreis herunter? wie weit, wie lange und wie oft noch?

Die Long-Spekulanten hat man offenbar wirklich aus dem Gold getrieben. Die fallen immer wieder auf diese Manöver herein.

Isn’t it absolutely amazing how we can have a 4 billion NEGATIVE MISS on the Trade Report, import prices higher than expected [inflationary], zero reaction in the bond market, gold getting pummeled and the U.S. dollar going higher?
I better not drop my coffee cup in amazement – IT MIGHT FALL “UP”!!!!

Ja, genausogut könnte die Kaffeetasse an die Decke "fallen", wenn man diese Zusammenhänge sieht.
Wird wohl so sein, dass man mit diesen Manipulationen von der Realität der Zahlen ablenken will.
Oder dieses Spiel:

Here is a game to play. Put a blindfold on and listen to the following information.
1) The Bank of England raised interest rates 0.25% the FED stood pat. Bearish for the dollar, bullish for gold
2) The Trade deficit LEAPT a massive 10% in a single month to almost 64 B$. Bearish for the dollar, bullish for gold.
3) Import prices rose 1.3% in a single month, which is 15% annualized. Bearish for the dollar, bullish for gold.
4) The retail sales decline for April was worse than expected. Bearish for the dollar, bullish for gold, bearish for the Retail Index

So keep your blindfold on and tell me
1) Did gold go up?
2) Did the dollar go down?
3) Did the Retail Index go down?

You would be excused if you answered “yes” to all of the above questions. But take off your blindfold and look at your screen, the
answer is “NO” to all the questions. All three asset classes did the EXACT OPPOSITE of what logical economic sense would predict!!
Could this just be a one-off aberration? NO! is the right answer again. It happens day after day after day.

The good news is that this smacks of desperation in the same way that the dishoarding of ECB gold at prolific rates is a sign of desperation. There are cracks in the dam.

Die Welt des Planet Wall Street ist wirklich flach. Sie werden weiter lügen und manipulieren, bis es ihnen niemand mehr glaubt.

Man kann sehr gut verstehen, dass bei diesen Manövern viele Gold-Investoren total frustriert sind. Aber jetzt aufzugeben und in die allgemeinen Aktien einzusteigen (was Hank Paulson & co. wollen) wäre ein Unsinn. Wenn man sieht, dass deren Imperium der Manipulationen sichtbar untergeht, muss man dagegen setzen.

Warnung1 an alle "Kreditler": Der Goldpreis kann noch weiter runtergehen, die Attacke ist noch nicht zu Ende. Wer Gold oder Minenaktien auf Kredit gekauft hat, wird bald die Nerven verlieren und verkaufen!

Warnung2: das ist kein "Durchhalte-Appell", sondern reine Investor-Vernunft. Wenn man etwas als richtig erkannt hat und sich die Situation nicht ändert, muss man bei seiner Linie bleiben.

Investing in Gold and Silver shares and the physical metals now and holding them for the next 2-3 years could be the only major financial decision you may ever have to make in your entire life. - Aubie Baltin

Empfehlung: schalten Sie für das nächste halbe Jahr den Computer aus!

Neu 2007-05-08:

Die neuesten EZB-Gold- Verkaufszahlen sind da - wieder 11.5 Tonnen verschwendet:

Neal Ryan: Blanchard Economic Research Note_2007-05-08

11.5 T weiteres Volkseigentum für die Jobs der Zentralbanker und Politiker verschwendet.

In 2 Monaten haben sie 100 Tonnen auf den Markt geworfen, ohne nennenswerten Effekt.
Der einzige Effekt war, dass die $700 Marke bisher nicht überschritten wurde.

Neu 2007-05-02:

EZB-Zentralbanken (Frankreich) werfen wieder 12.3 Tonnen Gold auf dem Markt:

Neal Ryan: Blanchard Economic Research Note 2 May

Das war letzte Woche. Wieviel dürfen es diese Woche sein? Man hat den Goldpreis kurz unter $670 gedrückt.
Macht 89 Tonnen in den letzten 7 Wochen. Die vorherigen 6 Monate waren es 112 Tonnen.
Offenbar will man den bevorstehenden Ausbruch mit allen Mitteln hinausschieben.

Wird für das De-Hedging von Barrick der Goldpreis gedrückt?

Aus einer MIDAS-E-mail:

Barrick joins Lihir in huge gold hedge buyback

Submitted by cpowell on 06:59PM ET Tuesday, May 1, 2007. Section: Daily Dispatches
9:55p ET Tuesday, May 1, 2007

Dear Friend of GATA and Gold:

Between Barrick Gold's announcement today, appended here, and Lihir Gold's announcement two weeks ago (http://www.gata.org/node/4999), the two companies have just taken almost US$1.1 billion in gold out of the market.

Maybe that explains the recent acceleration of central bank gold dishoarding (http://news.goldseek.com/GoldSeek/1177426920.php), since otherwise the gold price would explode and regular central bank money and bonds would start looking even more sickly.

In any case that Barrick would accept its first quarterly loss in five years so that it might spend more than half a billion dollars to cancel all the gold hedging done for its operating mines suggests that even the company that has proclaimed itself to be the agent of the central banks in the gold market (http://www.lemetropolecafe.com/img2003/memoformotiontodis.pdf) is expecting gold to rise to uncomfortable levels.

Barrick's mines in development still support huge gold hedging positions, but the company says it plans to reduce hedging even more.

All this repurchased gold probably will continue to come out of the vaults of the Western central banks, likely underwritten by pledges of gold from the U.S. Treasury Department (aka "deep storage gold," gold yet to be mined), so the impact on the gold price may not be immediate. But until the secretary of the treasury goes to the corner of Broad and Wall streets in New York and declares that the United States can save its currency only by returning to something like the gold standard, Barrick's announcement today probably will be as close as you'll get to an engraved invitation to the last Great Bullion Sale.

Offenbar ist ziehen Angst und Panik in das Goldkartell ein. Herhalten muss das restliche Gold der westlichen Zentralbanken.
Diese Leute wissen offenbar, was bald kommt.

Aus dem MIDAS vom 1. Mai:

I see the recent JPM-led Sallie Mae buyout as a model for future potential bailouts. They will become more off-balance sheet in nature with less public scrutiny. Bailouts will be undisclosed and discreet. Trillions will get printed and the only way of knowing will be the subsequent hyperinflation. Of course blame for the inflation will be directed elsewhere; oil, scarcity, gouging, etc. I believe fairly soon gold and silver management will be let go; it will no longer matter. Once the blame is shifted away from egregious banking policies they will be delighted to tag it on someone else. Then with gold flying to the moon in a final blow-off the Fed will ride in and "save" us from ruination. It's all in the Orwellian cards, featuring Helicopter Ben and Weimar Hank as the jokers.

Also, der Autor erwartet, dass die kommende US-Hyperinflation nur an den steigenden Preisen erkennbar sein wird. Die Bail-Outs (laufen schon, siehe Fannie Mae, GM) sind still und diskret. Irgendwann wird man Gold und Silber nicht mehr "managen" können.

Neu 2007-04-27:

Die Franzosen werfen alles auf den Goldmarkt:

Neal Ryan: Central Bank Gold 101

Alles für Sarkos Wahl. Sarkozy, Helicopter Ben und Hank Paulson, ein eigenartiges Gespann. Aber mit dem selben Ziel.
Das erinnert an die Endphase den Londoner Gold-Pools 1968 - ist auch schiefgegangen.

Neu 2007-04-25:

Die EZB-Zentralbanken haben in 5 Wochen 76 Tonnen Gold auf den Markt geworfen:

Neal Ryan: Afternoon Blanchard Economic Research Note

The physical market in London has been inundated with sales out of ECB banks in the last 5 weeks. 76 tonnes to be exact. On top of those sales needs to be included other central bank activity in the gold market via loans and swaps. No data currently exists to quantify what those loan and swap levels could be, but it's safe to assume that some lending and swapping is taking place as well. The gold market has been flooded with CB gold over the past 5 weeks from sales and lending and held up remarkably well, increasing nearly $50 per ounce. It is still our opinion that the Bank of France is the lone, major seller left out in the market with some other banks selling a bit here and there which is augmenting the overall sales levels.

Also, die Franzosen überschwemmen den Goldmarkt in London. So ähnlich wie im Mai 2006. Nur steigt derzeit der Goldpreis trotzdem.
Wie lange wollen sie den Unsinn noch machen? Bis zum 2. Wahlgang in Frankreich am 6. Mai? damit Sarko gewählt wird?

Neu 2007-04-16:

Für den, der immer noch glaubt, Gold sei ein freier Markt:

Deepcaster: GOLD, GEOPOLITICS & CARTEL INTERVENTION

Sehr gute Zusammenstellung.

Neu 2007-04-05:

Die Franzosen verschleudern ihr Zentralbankgold umsonst:

Aus dem MIDAS vom 4. April:

We've gotten our update on ECB bank sales the past week, and just as we figured, we've seen another week of massive increases in bank reserve gold selling into the market. This past week's additions are roughly 17.5 tonnes of gold into the market. That means that in the last three weeks, 45.5 tonnes of gold have flooded out of ECB banks into the gold market. For a point of reference, the previous three weeks, sales had totaled roughly 7 tonnes total. Considering the past price action in periods when selling has increased this dramatically, the gold price has held up considerably well and even made advances in the face of this massive selling pressure. The last two examples of similar selling pressure into the market had collapsed prices; Sept. '06 when +50 tonnes were sold into the market, prices fell nearly $30; May '06 75 tonnes were sold into the market and prices fell over $100 per ounce.

That gold has absorbed this increased selling and continued higher should highlight two things. First, the physical demand in the marketplace at present is quite robust to be able to digest these levels of supply and trend higher. Second, this can now be confirmed as the reason the gold market has not been reflecting the current market conditions that should be pushing prices higher. The wet blanket that has been thrown on this market should be lifted in the coming weeks. We wouldn't be surprised to see major price spikes during the London open simply because the bank gold supply dries up and continued demand forces prices higher. Assuming France is the lone major seller left in the market at present, the Bank of France is coming very close to concluding their own bank's allotment of sales under the Central Bank Gold Agreement II. Germany has said they will sell no gold in '07. Spain and Portugal, after having sold massive amounts in '06, have sold no gold reserves in the past 5 months.

This is a significantly bullish event for the market. We're heading into the peak demand season and the supply/demand fundamentals will take control of this market…

THINK ABOUT IT! The central banks have fed 45 tonnes of gold into the market and the price has gone up. Just as significant is that it did so at a time when the gold open interest contracted, WHICH MEANS this gold has gone into strong hands without speculator participation. That participation, hedge funds etc., is still to come. I would like to pound the table on that point. Both the fundamentals and technical structure of this market are as good as it gets.

Allein in 3 Wochen haben die EZB-Zentralbanken (primär die Franzosen) 45 Tonnen Gold auf den Markt geworfen. Trotzdem ist der Preis gestiegen. Im Mai 2006 haben sie 75t auf den Markt geworfen, das hat den Preis um $100 gedrückt, im September 50t+ mit $30 Reduktion, jetzt nichts mehr. Die Preisdrückung wird immer schwieriger.

Die "starken Hände" greifen das Gold auf. Dabei sind die Spekulanten noch gar nicht drinnen.
Noch Argumente für einen baldigen starken Anstieg nötig? Nein!

Irgendwie erinnert das an den "London Gold Pool" der 1960er Jahre kurz vor seinem Ende.

Neu 2007-04-02:

Ist die "Vorkriegs-Goldpreis-Drückung" am Werk?

Vergleichen Sie bitte mit 2003 (Beginn des Irak-Kriegs am 20. März):

Fällt Ihnen etwas auf?
Der Goldpreis ist damals von Februar bis März gesunken (er wurde gedrückt), und dann wieder angestiegen.
Hat man diesesmal vor dem kommenden Iran-Krieg etwas ähnliches vor.
Das könnte erklären, warum der Goldpreis trotz starker Nachfrage nicht steigt, sondern stagniert.

Machen Sie den Vergleich, diesesmal können sie den Preis kaum mehr drücken.

Neu 2007-03-21:

Die Kooperation unter den Zentralbanken für die eigene Job-Rettung:

Aus dem MIDAS vom 21. März:

Yesterday it was reported the ECB group suddenly dumped 16 tonnes of gold into the market the prior week to keep gold from taking out the $650/$660 level. This amount was 5 to 6 times what they had been selling this year. Clearly, we now know why. Had they not sold that much, gold would have been back to the $680 level BEFORE the Fed cave in.

We also know why The Gold Cartel bombed the gold market weeks ago to take gold down $50 off its highs … to turn the specs into sellers so they could cover on the break and get a good deal of their ammo back before a panicky Fed quivered.
That said, The Gold Cartel has to know they are in DEEP trouble.

Alles von langer Hand vorbereitet: die dummen Europäer werfen 16 Tonnen Gold auf den Markt, damit die Fed nicht die Zinsen anheben muss. So spielen sie zusammen, denn sie haben alle das gleiche Problem: zu viel Geld, das keinen realen Wert hat.

Neu 2007-03-21:

Schau, schau, wer verkauft da unser Gold um die Eliten zu retten:

Aus dem MIDAS vom 20. März:

The weekly ECB balance sheet disclosed that two captive CBs sold E256 Mm of gold last week, 16.5 tonnes at the current book value. This compares with 0.58 tonnes last week and the WAG2 “run rate” of 9.6 tonnes. Not since the week of September 14th last year has a larger amount (32.86 tonnes) been sold (the 26.83 tonnes announced last December 20th included the pre announced 23 tonnes sold by the ECB itself over an unspecified period after September 30th).
On the face of it, this appears to be the explanation for the discernable resistance experienced last week around $655. However, much more pronounced resistance of the same type was seen in late February around $688: for this no explanation has appeared.
The Dutch Central Bank announced today it sold 54 tonnes of gold in 2006 and (by inference) 82.5 tonnes in 2005, which it disclosed left only 28.5 tonnes under its WAG2 quota (to September 2009). Presumably all of this has already shown up in the ECB data.

European Central Bank gold sales for the past week have been updated, and, interestingly, more than 16 tonnes of gold was sold into the market last week by two ECB member banks. The last time tonnage of this magnitude was sold into the market by ECB banks was the week of December 11-15, when prices declined $15 through the week. By contrast, gold prices increased in the past week, from March 12 to 16, by $4 per ounce. There has been weakness in gold prices in weeks when significant amounts of gold hit the market via ECB sales, specifically the second week of September, when prices dropped $20 per ounce on sales exceeding $600 million, and in May 2006, when prices hit $730 and nearly $1.4 billion in gold was sold into the market over three weeks via ECB banks.
But last week is the first time in a number of significant sales weeks when prices have moved up in the face of major increases in gold sales. This is a signal of strong physical demand in the market.

Während die Amerikaner den Preis mit Futures drücken, verkaufen die dummen europäischen Zentralbanken phyisches Gold in Massen. Der Ausschnitt zeigt, dass bei allen massiven Drückungen des letzten Jahres die Europäer am Werk waren. neben den Holländers sind es vor allem die Franzosen, die offenbar ihrem Innenminister Sarkozy die Präseidentenwahl sichern wollen. Wie idiotisch, aber so sind Bürokraten nun einmal.

Interessant auch der letzte Satz: Letzte Woche hat es wegern der starken Nachfrage nichts mehr genützt, obwohl sie 16.5 Tonnen auf den Markt geworfen haben. Der Preis ist trotzdem gestiegen. Erwarten Sie, dass bis zum Ende der franösischen Wahlen diese Versuche weitergehen.

Da passt dieses Zitat:

Eliten sind immer unfähig, sich etwas anderes die Trends von Gestern vorzustellen, also die Trends, die sie zu „Eliten“ gemacht haben. – Europe2020.
Wie wahr! Und sie verteidigen diese Trends von Gestern mit den Methoden von Gestern bis zum bitteren Ende!

Neu 2007-03-09:

Das "Endgame" der Goldpreis-Drückung mit Schliessung der Terminbörsen?

Aus dem MIDAS vom 8. März:

Hi Bill
Am I way off base here or is everything in position for the closing of the COMEX and LME?

Here's what I see:

1) The Natural Gas operation was a great example... JPM was brought in by the Fed then proceeded shorted paper Natural Gas contracts down from $15 to $5.50, brought it up (fake bottom) to $8 then quickly naked shorted to $4.5 taking out Amaranth and conveniently buying their huge long position and booking a $2b gain closing out their shorts! Bang...Natural Gas jumps right to 50% of the high at $7.50. The ironic thing was that Amaranth could have called for delivery in late August and JPM would not have been able to deliver on their huge short position. Even more ironic and sinister was that JPM was Amaranths broker so had full access to their trading positions! JPM and the Fed won. Afterwards, JPM stated publicly at a conference that there are more of the same opportunities (IN DIRECT VIOLATION OF SEC LAWS). What are those opportunities and if they're so safe why does JPM need US Government credit support to get a Moody's upgrade?

2) The difference with gold and silver is that the PHYSICAL market reacts opposite to the paper/share market. The routine slams in gold and silver force liquidation of weak hands on the Comex and in mining shares BUT greatly increases the physical market off take with the non-paper players in Asia, the Middle East, Russia...and visa versa...the increase in gold/silver prices brings in the weak hands to the Comex and Pm shares but starts to dry up the physical off-take around the world. If the Cabal is truely running out of physical (like we know) their next move should be to raise the price skyward and close the physical markets.

2) In October the SLV prospectus was changed to accommodate 38,227,270 more oz of silver....is it a coincidence that the COMEX "available" inventories always hover right around 40m oz? Will this inventory be shifted to JPM to "watch over" in SLV?

3) An outbreak of war with Iran can be termed a "force majeure" on the Comex, LME and TOCOM forcing cash settlement of positions. In many peoples opinion, some sort of war with Iran is a foregone conclusion.

4) The Nymex second share offering and the huge short position is the payout for the loyal market riggers. They seem in an awful big hurry to get their cash out. So similar to the REFCO IPO to LIQUIDATION scenario it gives me goose bumps.

5) Physical off-take is growing by the day and the Cabal has to "close the physical window" somehow.

6) I think the misinformation article at Mineweb on the potential silver ETF closing was bluff to take the spotlight off the real physical silver market melt-up although at some point I have no doubt that is their end game. At the closure of the ETF you will see billions of $ flow back into silver mining stocks (and CEF)...nowhere else to play in silver. They need the undeliverable silver ETF structure to attempt to continue the market rigging...it's the Comex, LME and TOCOM physical markets that they need closed!

7) Introduction of the Nymex "mini contract" which is completely UNDELIVERABLE and will be the future of commodity trading.

It's all going by the script. The way to make it more difficult for them is to TAKE PHYSICAL DELIVERY EARLY....NOW!...TODAY! Don't give them another Amaranth play!

Longs on the COMEX will be SOL if they think they will ever take delivery. Many of those longs are industrial users who will scramble to find supply driving the price even higher.

We must attack first with physical off-take before they declare a "force majeure".

It all fits their game plan.
A GATA WARRIOR

Eine wirklich sehr gute Analyse von diesem "GATA-Krieger". Die grosse Gefahr derzeit (besonders wenn der Iran-Krieg beginnt) ist, dass die Warenterminbörsen COMEX und LME "Force Majeure" = höhere Gewalt erklären und die physische Auslieferung von Gold und Silber stoppen. Etwas ähnliches ist letzten Sommer bei Nickel auf der LME passiert. Ebenso 1980 bei Silber (folgender Bankrott der Hunt-Brüder).

Sie sollten bereits VOR einem Iran-Krieg positioniert sein. Es ist wahrscheinlich, dass Sie dann kein Gold- und Silber-Metall mehr bekommen!

Neu 2007-03-02:

Das Goldkartell hat es heute wieder geschafft:

Man hat den Goldpreis von ca. $688/oz Anfang der Woche auf $640.80 heruntergedrückt. Offenbar hat man die Yield Carry-Trade Krise ausgenützt und die Fonds aus ihren Long-Futures gejagt.

Was folgt, ist dass die physische Nachfrage nächste Woche wieder agressiv einsetzen wird.
Das Ergebnis wird auch diesesmal am Ende das Gleiche sein, wie es John Embry über den London Gold Pool Ende der 1960er Jahre beschreibt.

http://www.sprott.com/pdf/investorsdigest/investors_digest_mar_02_2007.pdf

Damals haben die Zentralbanken massenhaft Gold verloren, weil sie den "offiziellen" Preis von $35 verteidigt haben. Nach dem sie an einem Tag 400 Tonnen verloren, haben sie aufgegeben. Sie lernen nicht dazu.

PS:
Lassen Sie sich nicht vom fallenden Goldpreis irritieren. Auch Gold-Futures werden von den Hedge-Fonds abverkauft. Die müssen derzeit offenbar alles liquidieren, weil sie auf (Yen) Kredit spekulieren. Daher sollten Sie nur ohne Kredit drinnen sein. Der Goldpreis kann vorübergehend auch unter $600 gehen.

Der fundamental richtig liegende und unerschrockene Investor wird gegen diese Bürokraten wie damals gewinnen.

Neu 2007-02-23:

Neues zum US "Deep Storage Gold":

Rob Kirby: DEEP STORAGE, DEEPER HOLES, DEEPEST OF TROUBLES, A TALE IN THREE E-MAILS

Wie es aussieht, haben die Amerikaner nicht nur ihr ganzes Gold verkauft (Fort Knox ist also leer) sondern auch ihr Gold im Boden bereits verpfändet (für Barren die andere Zentralbanken auf den Markt geworfen haben). Sie haben also nichts mehr. Das Ganze scheint seit 1999 passiert zu sein.

Frage: haben andere Staaten mit Gold im Boden (Kanada, etc.) auch soetwas gemacht?

Das lässt diese Schlussfolgerungen zu:
a) Goldminen in solchen Staaten sind eigentlich schon verpfändet, daher Finger weg von den USA
b) die anderen Zentralbanken, die solche Swaps germacht haben (Deutschland?) haben auch kein reales Gold mehr
c) die Gold/Silber-ETFs sind primäre Beschlagnahme-Kandidaten, wenn wirklich Gold gebraucht wird

Wenn die derzeitige Goldpreis-Drückung versagt, löst sich unser Fiat-Money-System in Luft auf!

Neu 2007-02-06:

Der IMF und seine angeblichen Goldverkäufe:

Derzeit gibt es wieder Propaganda vom internationalen Währungsfond (IMF), 400 tonnen von seinem Gold verkaufen zu wollen. Angeblich zum Ausgleich seiner eigenen Defizite: IMF advised to sell 400 tonnes of gold

Das ist natürlich alles Schall und Rauch, wie ein Kommentar aus dem Midas vom 5. Februar zeigt:

Regarding the proposed IMF gold sales of 400 tons recommended by a panel of economists (including Alan Greenspan), these sales would cover an annual deficit of $105 million, and generate $6.6 billion in revenue. Invested, the interest alone would cover the annual deficit. Mind you $6.6 billion in gold sales would pay for 66 years of deficits. Do these guys do any arithmetic before making these ridiculous recommendations? Obviously, covering deficits is not the true purpose here, but dumping metal on a market that threatens to break out is. This sale proposal is just another attempt to talk down the gold market. There are two problems with a 400 ton sale (besides being hugely oversize for the deficit):

1) the IMF does not actually own the gold, but has it allocated for its use by the real owners

2) such a sale would expose the true size of central bank reserves, particularly in the US.

I suspect that the reason the US always vetoes these sales is that US reserves of good delivery bars are

already gone. One would think the US would be pleased with such sales, if they had the gold.

Wie bei bisherigen Ankündigungen dieser Art stimmen die USA nie zu. Warum, weil der IMF kein eigenes Gold hat, sondern nur "Ansprüche" auf Gold der Mitgliedsländer. Und zumindest die USA haben offenbar kein Gold mehr, daher die Vetos.
Ausserdem würde der Verkauf so viel Geld bringen, dass der IMF seine Defizite für 66 Jahre abdecken könnte. Daher ist das Ganze nur eine psychologische Markt-manipulation, sonst nichts. Das machen sie immer, wenn der Goldpreis gefährlich auszubrechen droht, wie 2006.

Goldpreis-Manipulation jetzt offen:

Sogar schon auf MarketWatch von Dow Jones: Golden suspicions

Die sind jetzt offenbar richtig desperat und lassen in aller Öffentlichkeit sagen, dass die Märkte und der Goldpreis manipuliert sind und dass es das Plunge Protection Team wirklich gibt. Offenbar sagen sie damit: "wir sind stärker".

Neu 2007-01-12:

Wo die Preisdrücker überall noch Silber finden (gefunden haben):

Etwa in Relikten aus dem 2. Weltkrieg (Calutrons für das Manhattan Atombomben-Projekt).
Für eines der Verfahren zur Uran-Isotopentrennung wurden damals (1943) riesige Magnete gebraucht. Kupfer war in Kriegszeiten knapp. Also "borgte" man sich Münzsilber der US-Regierung aus.
Die unten stehende Zusammenfassung ist aus dem Midas (www.lemetropolecafe.com) vom 11. Januar 2007:

- The Manhattan Project needed and received 470,000,000 ozs of silver for the Calutrons in 1941.
- That silver was reprocessed into strips and wound onto coils to create the magnets for the Calutrons as well as used in the "Track"
- Y-12 was continuously operated since the early 1940's until the mid- 1990's although official records claim the silver was returned
- With above ground silver almost depleted the decision was made to return most of the Y-12 silver for use in the "Strong Dollar Policy" operation
- I think (a guess) 24 of the 32 Calutrons were taken off line in 1994 and the silver removed for return to the Treasury (then shipped to the LME for physical market manipulation)
- In 1999 the remaining silver was needed to continue the silver suppression so the facility was shut down supposedly for good
- From 1999 to 2005 the remaining silver was removed from the Cautrons and track and the Y-12 facility was transformed to operate without the silver and reopened.

So where does that leave us?...Well, if 10,000 tons or 320m oz were needed from 1995-2000 and then add to that the additional 150m oz from 2001-2006 we're looking at a burn rate of additional physical of 40m-50m oz per year on average. This, is not scientific of course, and it is escalating at a rapid pace because of the investor information on silver spreading.
Now if you look at the silver ETF which started in May 06 (as a last ditch effort to rig the market) their silver inventory quickly went to 100moz (Buffet silver) and then by magically added 20m oz in one day in Dec 2006 (I assume it was needed for leasing operations) I would postulate that 100moz was leased out and consumed in a matter of 7 months or 15moz/mo, and at that rate the remaining 20m oz should be gone in Jan or Feb.
I think, anyway you look at the physical side of this equation, we are very close to the long awaited day in silver where the physical silver is gone and the paper derivatives explode.

Also, was gibt es wichtigeres mit dem damals ausgeborgten Silber zu tun, als es zur Preisdrückung auf den Markt zu werfen.

Neu 2007-01-10:

Wie die Goldpreis-Drückung funktioniert:

Mehrere Leser haben mich gefragt, wie es immer wieder gelingt, den Goldpreis zu drücken.

Nach Angaben im Midas von Bill Murphy kann man das mit einer Lawinen-Sprengung vergleichen.

a) das Plunge Protection Team oder wer immer, sieht, dass der Goldpreis zu stark gestiegen ist und gibt den Auftrag, ihn zu drücken. Dabei will man möglichst wenig physisches Gold der Zentralbanken einsetzen.

b) Bullion-Banken (primär Goldman Sachs) verkaufen Gold-Futures (Papier-Gold) auf der COMEX und TOCOM short - wie eine Lawinen-Bombe

c) der fallende Preis triggert verschiedene Limits in den Computer-Programmen der Hedge-Fonds und löst einen automatischen Verkauf der Long-Positionen aus. Damit geht der Preis erst richtig runter. Die richtige Lawine.

Nach einigen Wochen kommen die Fonds wieder zurück und der Preis steigt wieder.

Manchmal muss auch physisches Gold eingesetzt werden, dieses kommt meist von europäischen Zentralbanken (meist Frankreich).

Um den Goldpreis unter $600/oz zu drücken, müsse sehr viel mehr physisches Gold engesetzt werden als man will. Daher ein Goldpreis von ca. $ 600.

Die Methode funktioniert natürlich nur solange an den anderen Märkten nichts böses passiert. Eine Panik-Flucht in Gold beendet das Schema natürlich.

Neu 2007-01-05:

Nicht entmutigen lassen, auch wenn die "Goldzerstörer " am Werk sind!

Also haben sie es doch wieder geschafft, den Goldpreis von $640 auf $600 zu drücken.

Hank Paulson und Goldman Sachs.

Damit vertreiben sie natürlich die Black boxes (Hedge-Fonds) und die schwachen Hände, damit sie selbst alles Gold und Silber privat einsammeln können.

Hat denn jemand gesagt, dann man sich das Geld als Investor leicht verdient?

Neu 2007-01-04:

Pünktlich kommt die Gold & Silberpreisdrückung, warum:

Die US-Regierung musste wieder einmal Unmengen von Anleihen loswerden (aus dem Midas 2007-01-03):

Bill,
Here's a good reason for hammering the metals today. The U.S.
Federal Debt spiked by $87.15 billion today to a new record amount of
$8,680,224,380,086.18. This is the largest one day spike I have seen and
it increased the national debt by more than 1%. To put this in
perspective, it could buy 138.9 million ounces of AU or 6.93 billion
ounces of AG. This is 1.7 years worth of gold mine supply or 11 years
of silver supply. All in one day. Fiat money is toast. Gotta go check the
tire air pressure in my money carting wheelbarrow. Regards,
-Bryant

Wahnsinn: die neuen US-Staatsschulden dieses einen Tages entsprechen 1.7 Jahre Goldminen-Produktion und 11 Jahre Silberminen-Produktion. Hier sieht man deutlich, wie unterbewertet Gold und Silber immer noch sind.

Auch aus dem selben Midas:

Alte Einträge sind hier.