Archive through August 17, 2005

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goldbug

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Post Number: 213
Registered: 02-2004

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Monday, June 20, 2005 - 05:17 pm:

mission control.... urgent urgent....

had to abort lunar landing at last minute...

we decoupled from the mother ship and seem to be travelling on our own accord with no problems to report...

as mentioned previously the poo all over the radar is playing havoc and doesnt seem to be getting any better.

mapped new course to mars and should be there sooner than expected...

over and out for now

gold rover 1

440 on the bid

rederob

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Post Number: 955
Registered: 10-2002

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Monday, June 20, 2005 - 05:33 pm:

pos on that gold rover 1
i have you lined up for gravitational boost into Mars orbit
on current trajectory
please lock in 445 setting at universal NNE direction and await further directions - nominal setting to 450 on any short term overshoot
we are waiting for a green light on euro panel before re-adjusting thrusters
mission control out

captain_chaza

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Post Number: 1241
Registered: 02-2003

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Votes: 2


Monday, June 20, 2005 - 06:00 pm:

Ahoy Officers Buggsie and Big Blue

The Yanks hate a falling Dollar and so do most other Exchange traded equities
I took profits today in non gold/silver/oil related sails
It's always best to be cautious in these times

'bit early to call it a Bull trap Yet!
But
A Good/Bad amount of profit taking at anytime can sometimes bring on some really bad weather and sea conditions

Bon voyage and Gods speed
Captain Chaza
capn

"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.

"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893

"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897

rederob

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Post Number: 956
Registered: 10-2002

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Monday, June 20, 2005 - 08:03 pm:

there is a broad band of weather you are now locked into gold captain
may it serve you well
on your return

europog now over $360
and ozpog $565

and there is more good oil in the commodities thread

rederob

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Post Number: 957
Registered: 10-2002

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Monday, June 20, 2005 - 11:10 pm:

Contra-indicated investing is soundly based when good ol' ABARE chimes in with a low blow:
PERTH (Mineweb.com) -- Despite the strong gold rally of recent days, the Australian Bureau of Agricultural & Resource Economics (ABARE) has come out with the somewhat bearish annual average gold-price forecast of only US$400 per ounce for calendar 2006 on the back of a modest depreciation in the US dollar and a possible hedging revival.
ABARE’s gold price forecast sits below that of many analysts’ estimates mainly because it has taken a relatively conservative view of the magnitude of the widely-anticipated weakness in the US dollar over the next 18 months. Further US interest rates rises in the immediate term and the belief US economic growth will continue to outperform that of the European Union (EU) are predicted to curb falls in the value of the US dollar and therefore gold’s upside potential, according to ABARE commodities analyst Will Mollard.
“These factors are expected to halt the recent decline in the US dollar and, as a result, provide less support for the gold price in 2005 and 2006,” said the Canberra-based analyst, who has also updated his calendar 2005 gold price forecasts (to US$420/oz and A$562/oz respectively).

In a good year ABARE is likely to be as close as 10% to the numbers, but 20% is a safer bet: So on that basis we have a strong likelihood that POG will trade from $460 -$480 at some time later this year, and possibly higher.
In the odd chance ABARE get it right this year, rumours are that they will next year take over weather forecasting from Meteorology.

rederob

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Post Number: 961
Registered: 10-2002

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Thursday, June 23, 2005 - 10:48 pm:

continuing strength of greenback and further disconnect of euro from gold price tonight gives us:
europog now over $364
and ozpog $566

silver is in the doldrums

tomorrow's POG should give us an indication of whether or not gold is likely to continue its bull run, or possibly weaken: further consolidation should be seen as "weakness" as we need direction
that said, a break and hold over $440 tonight will render the earlier comment as useless as any other forecast

rederob

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Post Number: 962
Registered: 10-2002

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Friday, June 24, 2005 - 07:28 am:

"that said, a break and hold over $440 tonight will render the earlier comment as useless as any other forecast"

present direction: NNE
europog $366 and rising
ozpog $571 and rising

funds got the jump on an end-week play and have set the tone early for rises into next week

goldbug

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Post Number: 214
Registered: 02-2004

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Friday, June 24, 2005 - 08:17 am:

Check these out:

Since $US POG peaked out in early to mid May (approx $447), POG in all the currencies shown have outperformed the $US POG somewhat.

This is a significant event and marks the beginning of the next stage in the bull market for GOLD.

Once GOLD starts making the headlines SOON ie when it goes beyond its previous DEC 04 highs .... a matter of WHEN rather than IF... just as OIL is doing at present .... the Mums and Dads will finally wakeup to the fact that GOLD should be a part of their financial wellbeing.

This is when GOLD will find its way into the psyche of the masses, just as its has done over the last 2000 odd years.

This may not happen but he odds favor IMHO a continuation of the bull market in GOLD.

Regards

GB

rederob

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Post Number: 963
Registered: 10-2002

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Friday, June 24, 2005 - 08:29 am:

Saturday, June 04, 2005 - 10:57 am:

----------------------------------
goldbug
If you can, run a regression on daily POG - euro versus USD prices - in the 3 years to March 2005.
Then do the same for last 3 months and finally the last 30days, and compare the difference.
You will notice the correlations decaying.
I don't expect this trend to last, but it is interesting.

sometimes being wrong is not so bad after all!
disconnecting..............

rederob

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Post Number: 966
Registered: 10-2002

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Friday, June 24, 2005 - 08:10 pm:

POG has already touched $444 in pre-NY open trading today, also notching up europog of $368 - but tailing off the odd dollar for now.
Gold is overbought and clearly in need of bedrest.
However I would not be surprised if the doctor injects adrenalin tonight so that the weekend is available for recovery.
As GB's charts show, we are knocking on the door of new highs in non-US currencies - tho the AUD is letting the team down for now - see below.
We know that when charts break historic resistance the trend followers lose track of reality. Let's keep them fooled a few more years longer.....

bobcat1978

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Post Number: 1
Registered: 06-2005

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Friday, June 24, 2005 - 08:32 pm:

anyone

whats the best way to invest directly in gold other than miner companys or say buy gold coins need help are there any list companys that you can buy gold straight from ????

rederob

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Post Number: 970
Registered: 10-2002

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Saturday, June 25, 2005 - 07:42 am:

bobcat:
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The Program offers investors a unique range of precious metal storage options on attractive terms, under Government Guarantee. The PMCP is the only Government Guaranteed certificate program in the world.

The Perth Mint Certificate gives you legal title to precious metals deposited on either an Allocated (segregated) or an Unallocated (unsegregated) basis with The Perth Mint. The Certificate is in your name and identified by a Certificate number. The Perth Mint also assigns a client code to ensure the confidentiality and security of your storage account.

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http://www.perthmint.com.au/gc/depository/perthmintgoldasx.asp

kate

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Post Number: 35
Registered: 04-2005

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Votes: 0


Saturday, June 25, 2005 - 07:50 am:

I don't know exactly if this is what you are looking for but if you look up a chart for GOLD, they are redeemable preference shares

rederob

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Post Number: 975
Registered: 10-2002

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Saturday, June 25, 2005 - 02:39 pm:

would be nice to finish in the red all round on POG
WTIC has already made fools of us
POSse formed - lead horse silver - has colic

rederob

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Post Number: 978
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