...bei wo von Kaschmirkanzler
da hat man ja das ganze wochende was zum lesen!
Ich möchte mich hier keinesfalls der Weltuntergangsfraktion anschließen. Dennoch habe ich eine Zusammenfassung gefunden, die man sich - mit einem gewissem Abstand - durchlesen sollte.
Bleibe weiterhin positiv für XRC, wobei die nachfolgenden Informationen zu Gold dafür nicht ausschlaggebend sind.
Do your own due diligence
Hier eine Auswahl an Artikeln und Informationen zu Gold:
* Gold could hit $1,500, say Merrill analysts. Gold prices could hit $1,500 as global plans to rescue the financial industry are set to increase inflation pressures, according to analysts led by Francisco Blanch at Merrill Lynch.
"The unintended consequence of the ongoing financial bailout will be a return of inflationary pressures to the commodity markets," wrote the analysts in a note released Monday. The analysts didn't say when gold would hit the price target. They also predicted oil prices will rise to $150 a barrel.
* Why should gold stop at $1,500? Commentary: There are plenty more shoes to drop. http://www.marketwatch.com/news/story/why-should-gold-stop-1…
* John Embry-Rescue will send gold to surreal price level. http://www.sprott.com/pdf/investorsdigest/digest.pdf
* Richard Russell says hold your gold. http://www.321gold.com/editorials/russell/russell101608.html
* Where is the value? Gold seems to be the answer. With the financial markets responding well to the actions of the major central banks and looking for a thaw in the recent freeze, how have the metals behaved in a wider context, and what is the outlook now? Gold seems to be the answer whichever way we look. http://www.mineweb.co.za/mineweb/view/mineweb/en/page67?oid=…
* Golden Opportunity. Nothing looks as good as gold in this financial-market mess. Some believe the yellow metal is heading toward $2,500, after hitting $859 an ounce last week. But buy the metal, not the miners. Gold "showed its stripes as something investors will turn to," says Leanne Baker, founder of Investor Resources, a metals and mining advisory based in Mill Valley, Calif.
There may be plenty of upside left. The yellow metal, which breached $1,000 an ounce in March during the Bear Stearns debacle, could well return to that level and head toward $2,500 as investors scramble for safety, according to many fans of the yellow metal.
"It is premature to declare an end to the bull market in gold and the bear market in paper," John Hathaway, portfolio manager of Tocqueville Asset Management, pronounced in a missive last week. "It is more likely that this massive shakeout has set the stage for a dynamic advance." Barron's Roundtable member Mark Faber puts it more succinctly: "Gold will go up because everything else is in deep s--t."
James Turk, founder of Goldmoney.com, sees gold at $1,100 or $1,200 an ounce by year-end. "In a time like now, with markets melting down, uncertainty about the safety of assets and growing concern about counterparty risk, people look to assets with safe-haven status," Turk says. A longtime gold bug, Turk sees gold eventually hitting a dizzying $7,000 an ounce.
Charles Oliver, manager of the Sprott Gold and Precious Minerals Fund in Toronto, has a more restrained target of $2,000 within four years. But even that would be more than double the current price. http://online.barrons.com/article_print/SB122369643017225623…
* Gold options point to $1,200 in rocky ride. http://www.guardian.co.uk/business/feedarticle/7851571
* Banking on gold. Four years ago, fearful of a property crash, David and Maureen Somers sold their house and bought gold. It's a tactic suddenly popular with those seeking a safe haven for their money. As safe as houses. This piece of perceived wisdom no longer seems quite so wise as property prices fall and stocks stutter. But there is one area of the global financial machine that is revving up gold.
When times are bad, investors have traditionally sought refuge in this precious metal. With bullion dealers reporting a surge in business, it seems history is repeating itself. Prices are strong and David Somers is delighted, because he effectively bet his house on it. The retired croupier sold his house in 2004 and invested the proceeds in gold. "I was worried about the health of the financial markets at that time, I was worried that something like this credit crunch could be on the way," he says.
"The fact that at the time, only £35,000 of savings in a bank or building society were secure worried me, and I spent a lot of time doing research into what to do. Gold seemed to the best place." The 56-year-old had seen his friends suffer badly in the last recession through negative equity, punishing repayments, bankruptcy and repossession. "I looked at my friends and saw that their prime capital earning years were effectively taken away from them because of the way the system had been working."
Mr. Somers and his wife Maureen claim it would be "vulgar" to say how much they invested in gold. However, he does say they sold their three-bedroom, detached house in Poole for a significant profit, and the couple have since almost doubled their money again in gold. "Over thousands of years gold has never reached zero.
The price is a risk, but at the end of the day I will still have the same amount of gold," he says. "There are people who probably hold bank shares that would have been seen as conservative investments and you could question what they are going to be left with." http://newsvote.bbc.co.uk/mpapps/pagetools/print/news.bbc.co…
* Barclays Capital analysts see gold price reaching $1,000 again this year. http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=70…
* Gold price forecasts raised by JP Morgan as investors seek safety. JP Morgan is raising its gold price forecasts for 2008 and 2009 as it anticipates investors seeking risk aversion investment options. http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=70…
* BMO's Coxe predicts gold and commodity stocks will reach new peaks during next global recovery. Once the global downturn bottoms out, BMO Global Portfolio Strategist Don Coxe forecasts "gold should move to new records," also insisting the commodity story is not dead.
Coxe stressed that "gold and gold mining shares remain the best way to reduce endogenous risk within an equity portfolio. Although inflation is bound to recede for at least a few months, the amount of stimulus being injected into the global system will prove highly intoxicated once the downturn bottoms out, and gold should move to new records." http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=70…
* Austria sees new gold rush as its mint struggles to keep up. There's a new gold rush. The financial crisis is prompting people to look for safer forms of investment than stocks and shares.
The interest in gold coins is so great that many of the world's major mints are struggling to keep up with demand, including the Austrian Mint, which produces the Vienna Philharmonic one of the best-selling bullion coins worldwide.
Sales of Vienna Philharmonic gold coins have gone up by more than 230% since last year. Kerry Tattersall, the director of marketing at the mint, says production has gone into overdrive: "We are running at present something like three shifts on all of the machines, on the presses, producing both gold and the silver bullion coins. We've actually got delays in delivering orders in silver. With gold, we are just about keeping pace, but it is a bit of a struggle."
In September alone, the mint sold 100,000 ounces in gold coins in normal times it would take three to four months to sell that much. Mr Tattersall says people are looking for security. "We are seeing a lot of panic buying at the moment. People are losing confidence in the economy whether that is justified or unjustified is a matter of opinion. But we are seeing a lot of people looking for a safe haven." http://www.gata.org/node/6759
* Since 2001, gold has risen as the dollar index has fallen, but it has risen more sharply because the other currencies have also fallen in terms of gold. This appreciation in gold coincides with a world-wide inflation of paper currencies. Gold caught up to the inflation, so to speak.
As long as these central bank currencies continue to be manufactured without solid backing, either gold or tax revenues, gold will continue to have a long-term upward trend. The volatility in gold prices will, in all likelihood, also continue, and that makes it hard to forecast the shorter-term movements with a factor like money supply.
Note that the big increases of recent days have not pushed gold to new highs. In the longer run, however, we can be quite sure that gold will move higher if nothing is done to improve the backing of the world's central bank currencies. http://news.goldseek.com/LewRockwell/1223833680.php
* Zurich Bank's Vault 'Full to the Top' With Gold on Fund Demand. Zuercher Kantonalbank, the Swiss lender that manages about $107 billion, said its gold vault is full after a surge in demand from investors seeking a haven during the credit crunch. Assets in the Zurich-based bank's ZKB Gold ETF, backed by about 2.66 million ounces of the metal, have risen to a record for seven consecutive weeks.
That amount of gold is worth about $2.25 billion at today's prices and equal to about 12 days of global production. "Demand is so strong,'' Susanne Toren, a metals analyst at the bank, said by telephone from Zurich today. ''Our vaults are full right up to the top.'' http://www.bloomberg.com/apps/news?pid=20601110&sid=aKeM8QTq…
* Demand For Gold Coins A Bonanza For Rand Refinery. http://www.resourceinvestor.com/pebble.asp?relid=47020
* Perth Mint Doubles Gold Output on Haven Buying. http://www.bloomberg.com/apps/news?pid=20601012&sid=asmvRlbf… http://www.gata.org/node/6752
* New Zealanders join rush for gold. http://english.people.com.cn/90001/90778/90858/90863/6514941…
* Germans Stockpiling Gold Amid Market Panic. http://www.dw-world.de/dw/article/0,2144,3698865,00.html
* 'Unprecedented demand' for U.S. gold coins? Hardly. While the U.S. Mint attributes to "unprecedented demand" its suspension of the production of gold coins, coin market reporter Michael Zielinski shows that it's not true. Zielinski, a White Plains, N.Y., resident who publishes the Mint News Blog http://mintnewsblog.blogspot.com and Coin Update http://coinupdate.com , lists the Mint's Gold Eagle coin sales for each year back to 1986 and finds 14 years when the Mint produced more Gold Eagles than it has produced so far this year.
This is more evidence that the U.S. government, like other governments, is trying to deny people the chance to escape from the mismanagement of their paper and electronic currencies and financial systems. http://www.gata.org/node/6753
* Bullion Shortage and Spot Prices Tell Two Different Gold Stories. http://seekingalpha.com/article/99680-bullion-shortage-and-s…
* GoldMoney's James Turk reports on getting real metal. http://www.gata.org/node/6756
* Got Gold Report-Market mayhem continues, silver crushed. http://www.resourceinvestor.com/pebble.asp?relid=46957
* Dominic Lawson: It all went wrong when we left gold standard. http://www.gata.org/node/6775
* India Post to offer gold coins through post offices. http://www.commodityonline.com/news/India-post-to-offer-gold…
* Two Methods for Estimating the Price of Gold. http://dollardaze.org/blog/?post_id=00479
* CFTC 'looking into' gold market as well as silver. http://www.gata.org/node/6778
* Somehow Martin Hennecke, senior manager of private clients at Tyche Group in Hong Kong, got invited back on CNBC today to talk about gold even though he mentioned manipulation of the gold price by central banks when CNBC last had him on the air a month ago. http://www.gata.org/node/6580 Video http://www.cnbc.com/id/27159117
* The Countdown of a Manipulated Gold Price Is Running Out. http://seekingalpha.com/article/99959-the-countdown-of-a-man…
* Gold, Silver and Currency Converter. http://www.24hgold.com/tools