Poster’s Paradise

http://www.economist.com/daily/kallery/displaystory.cfm?story_id=8857324

Press the play button….

Booyah!   http://tinyurl.com/3dlm72

sorry, i could read but not post … auDept sorted me out.  Thanks dude..  I really like the functionality with posting here. this is much improved.

…soee

…are going to the Big Dance Monday night…..leading UCLA, with 2:37 left in the game, 70-57….go Gators!!!!!

Two comments from fellow Café members:

This is the most important news in a long time for the markets. Without worldwide cooperation, the blatant manipulation of all markets (precious metals, currencies, equities) could not be accomplished or would certainly be hindered. The retaliation by China could have a profound effect on prices in the near future as they are likely to sell some of their vast dollar holdings to make a point. It is interesting that the tariff announcement came a day after a horrible 5-year note auction which showed very little foreign interest. I believe we are starting to see some real resistance to American domination of world economic and political issues (Saudi statement about “illegal” Iraq occupation, refusal by India, UAE, etc to allow use of airfields for Iran strikes, etc.). The long anticipated removal of the dollar as the “world currency” (dollar hegemony) is sure to follow and may occur very fast with an extremely rapid decline in the dollar in the near future. Without world cooperation in the manipulation, we may finally see the proper response of the markets to the pathetic condition of our economy - full of enormous debt and deficits, rampant inflation, diminished manufacturing base and corrupt government and corporate leadership. Chuck.

Bill did you hear them ring the bell? Greenspan has been warning of recession. Last week the Fed announced that fighting inflation at the expense of crashing the housing market is not a desirable policy. It looks like the new strong dollar policy of the past 9 months has ended. The Fed’s balance sheet is showing the most rapid build up of treasury and agency securities ever. Somebody has bought $46 Billion in securities in the past month. If it is the Fed buying securities to keep the banking system liquid then the great monetization of our debt has started. Last week in a major reversal of the past 6 weeks Total Commercial Paper rose $58 Billion, which again would suggest a liquidity infusion not a credit crunch. Today the Bush administration announced a reversal in 20 year old trade policies basically asking the world to crash the US $. It appears the new policy is weak $ and monetization of the stock and bond markets. The march down the Weimar Republic path has begun; as a reminder in the Weimar Republic Gold went to infinity. Coincidentally, the major drop in open interest during April-June Gold rollover combined with the highest monthly option expiration of the entire move could be foreshadowing a major move in Gold. Be long or wrong.
Garic

- - -> 10 BEST PERFORMING INDUSTRIES

DJ US Tires Index
…..44.24%
DJ US Steel Index
…..24.58%
DJ US Industrial Metals Index
…..19.12%
DJ US General Mining Index
…..18.77%
DJ US Trucking Index
…..15.32%
DJ US Nonferrous Metals Index
…..14.88%
DJ US Aluminum Index
…..13.71%
DJ US Marine Transportation Index
…..13.27%
DJ US Travel & Tourism Index
…..12.50%
DJ US Basic Resources Index
…..12.36%

- - -> 10 WORST PERFORMING INDUSTRIES

DJ US Home Construction Index
…..-18.65%
DJ US Distillers & Vintners Index
…..-18.44%
DJ US Mortgage Finance Index
…..-12.16%
DJ US Specialty Finance Index
…..-8.44%
DJ US Gold Mining Index
…..-7.65%
DJ US Airlines Index
…..-7.10%
DJ US Consumer Finance Index
…..-7.00%
DJ US Recreational Products Index
…..-5.35%
DJ US General Financial Index
…..-5.18%
DJ US Automobiles Index
…..-5.07%

NOTE: This weekly presentation of JBI Productions will now be shown exclusively at GoldTent until, and if, that day that GE’s management offers an explanation and apology to all the fine posters it has zapped in the past…….-G-

Amen!

JBI

www.economist.com/printedition/displayCover.cfm?url=/images/20070331/20070331issuecovUS400.jpg

Numb ers……….Great one…..

Nice post farmboy, I hope all you fellers early in on this goldbull know what yer talkin about. Love to dream on those numbers…Clink, clink of gold maples in my palm!!! Sugerplums in my head!! I’m with yas !! prize or no prize.

slingshot (3/31/07; 07:55:15MT - usagold.com msg#: 153879)
From the other castle
>>> Top Ten Lists - This past week

http://www.madblast.com/funny/5814_political-kooks-of-hazard.html

Now THAT is a chart!  Thanks but you did not have it filled out for me.

Have a good weekend!

Gold Contest

Price of Gold at Comex close December 21, 2007?

AuDept $1943.70

Shamrock $1468

Redneckokie $1466

Au1400inApril $1400

Traveler $1212

Dbbaha $1177

Just Buy It $1118

Wasatch $1106

TQ $1024

Rambus $980.59

Ipso Facto $962

North $923

JJay $919.44

Goldrunner $900.77

FullGoldCrown $900.76

Silver Rider $888

SonofBenson $876

Boombuster $875

MadMike $875

Goldgrub $857

Wanka $863

GGHolder $850

Farmboy $850

Goldmon $847

Mr. Copper $842.40

MarcusAurelius $839

Winedoc $813

Son of Eagle Eye $790

Floridagold $782

Scruffy $777

Kcamyar $699.20

Wayside $690

Spin Mystery $678

Finnerud J

That’s the tally for this contest. Prices are locked in and the sheet goes into the vault awaiting Dec 21, 2007. Thanks to all for joining in on the guessing contest, good luck, and good trading . 2007, the year the golden bull breaks out of the fenced barnyard, and enters the wide open pasture.

(Sorry windoc, no prizes ….this time) Was hoping Dr V would have thrown in a gold eagle, a sliver of silver, or just a t shirt, used even, but alas, he has decided to hang unto his advertising dollars. Give GoldTent a little more growing time, and I betcha we can do a much better contest. Yep, that I wager on. : )

Thieves and crooks!

 I’m wondering what happens when our mining companies start to pay dividends.  In the 80s runup the dividends from the mining companies were quite substantial.  Normally if you short a stock you are responsible for paying the dividends from that stock.  This could make shorting mining companies very undesirable.

ipso

WAR, ENERGY, BANKS & USDOLLAR

“On the eve of the next war front to explode in the Persian Gulf region, some thoughts on the energy sector seem appropriate which attempt to tie some factors together. In the last two to three years, the biggest challenge to analysts is not so much identification of certain relevant effects, as it is integration of analysis on a several simultaneous patently clear crucial factors for correlation. To friends an assessment has been often used by me, “This is five dimensional chess, and at any one time, three dimensions are dominant. All are linked increasingly and with more complexity. The challenge is to finger the most important pairs of factors.” That covers it in my opinion.”

“The tight relationship between the crude oil price and the USDollar valuation is historically well known, firmly in place for over three decades. While the United States owns control of the world reserve currency, a delicate PetroDollar linkage factor remains in force. Since large oil purchases are conducted in US$-based transactions, entire banking systems are designed accordingly so as to handle those transactions. Some Persian Gulf nations like the United Arab Emirates and Qatar have diversified more of their reserve assets away from the USDollar and its related (in)securities. Instability in the region is very likely to deliver some additional instability to the USDollar itself. What the current hellbent political leaders seem to ignore is the potential for continued and amplified economic and financial retribution and vengeance on the most vulnerable façade to the United States monolith, its faulty financial flank.”

“The risks to the USDollar are rising from both liberal monetary forces and desperate energy forces, not to mention geopolitical backlash forces. The US has isolated itself irresponsibly. Prudent decisions and adept leadership have taken a back seat to private profiteering and the rule of law. One could defensibly claim the public till has been ravaged, with enormous weaknesses having been made more vulnerable. Too bad Thomas Jeffersion, George Washington, and James Madison could not sit as permanent immortal special prosecutors in a triumvirate tribunal. Instead, dissenters are more likely to be imprisoned, to disappear, or to be buried. Maybe Harry Schultz is right. Descriptions nowadays of certain figures are closer to Adolph than Winston, closer to Beelzebub than to any Prophet in my book”

http://www.freemarketnews.com/Analysis/65/7210/willie.asp?wid=65&nid=7210

Comment: Some other noteworthy statements in the article:

“Given the financial conditions measured by current account deficit, trade gaps, foreign dependence on USTBond purchases, foreign dependence for commodity & energy supply, credit growth, derivative mushrooms, absent manufacturing base, one must conclude the USGovt is in worse shape than the highly publicized cancer-ridden subprime mortgage lenders.”

“The most critical USDollar and gold factors today are:
· The War for Oil in the Mideast (nix mention of politics & religion)
· The Bank of Japan (gradual interest rate hikes, we must hope)
· The Mortgage cancer in United States (surely more than subprimes)
· The management of Chinese foreign reserves (new $300 billion kitty)
· The exploding credit derivatives (compound annual 80% growth rate) “

Hey Farmboy,

Haven’t heard much on the gold price forcast contest for Dec/07 (I believe you are at the helm)??? Is there a prize ??? We have a ways to move the price in the next six months if we as a group will be anywhere close to our bullish predictions. I’m in favour of our own goldtent form of manipulation, persuading those millions to buy one coin, just one coin.

‘Gators’ ahhh is that that syncronized swimming team in the everglades?
wj

http://www.gatorzone.com/basketball/men/tour/ncaa/2007/upload/bracket.pdf

Burning the Furniture

“A soon-to-be-released study by the Energy Watch Group in Germany on the future of global coal supplies has implications so surprising and far-reaching that energy policymakers may take years to digest it. This essay is intended to help speed that process. The report’s central conclusions are that minable global coal reserves are much smaller than is commonly thought, and that a peak in world coal production is likely within only ten to fifteen years.”

http://globalpublicmedia.com/richard_heinbergs_museletter_179_burning_the_furniture

Comment: Another item on the energy front to keep an eye on.

Sorry, could not resist.

Lets take a peak on this last day of the first qtr.

Gold

http://quotes.ino.com/chart/?s=FOREX_XAUUSDO&v=d3

Silver

http://quotes.ino.com/chart/?s=FOREX_XAGUSDO&v=d3

Copper

http://quotes.ino.com/chart/?s=NYMEX_HG.H07&v=d3

Platium

http://quotes.ino.com/chart/?s=NYMEX_PL.J07&v=d3

CCR

http://quotes.ino.com/chart/?s=NYBOT_CI.J07&v=d3

Dow

http://quotes.ino.com/chart/?s=CBOT_ZD.M07.E&v=d3&w=1&t=l&a=50

S&P

http://quotes.ino.com/chart/?s=CME_SP.M07&v=d3

Nasdaq

http://quotes.ino.com/chart/?s=CME_ND.M07&v=d3&w=1&t=l&a=50

Thanks for that site,it looks very usefull! btw I can relate to your job loss,I lost my entire proffession 3 yrs ago due to illness,and all of the sports I loved for that matter,whole way of life blah blah blah<G>. But one dr opens and another is waiting I suppose, I have been pursuing gold stock investing since(have been since 2001 anyways) as an alternative to a very physically active life.  Boy it aint easy with the manipulation to suppress pm stock prices in effect till it all falls apart. Best of luck to you,anything I can offer in t.a to help to you,you are more than welcome to. Cheers.

This is a great site, and I love the freedom of information. Things are shaping up for a big upmove in gold. I wonder if goldrunner sees any fractal analysis to help guide us through the next two months , I mean do we expect a may/june sell off this year on seasonalities or do folks think this bull is just going to run. Sinclair sees things going higher:

Big Smack Attack on China Ill Conceived

Author: Jim Sinclair

The “Sneak Attack China Tariff” is the “Event of this Week” - maybe this decade.

Nothing more important has happened in the gold picture than today’s out of the blue news concerning what could be the first shot into the bow of the Good Ship China by mind-challenged politicos inadvertently seeking national economic destruction via lack of economic understanding and adherence to buying their constituents support at any price.

Nothing speaks louder than the action of the dollar at the release of the news of the implementation of tariffs against Chinese goods.

There are powerful groups with vested interest in not seeing a collapse of the U.S. dollar who stepped into the dollar fray at the low, simultaneously using COT brokers to offer gold in a “Crameresque” way. The dollar steadied at a miserable and quite dangerous low (I see Dan Chart). That client of COT is the Exchange Stabilization Fund which is no fund but simply an account run by the president of the U.S.A. or the Secretary of the US Treasury or whomever they may appoint.

Powerful or not, the U.S. dollar is headed to what we shall call the “Lars Low” (see chart) as a minimum price objective.

When the history of the Great Gold Bull Market and the fall from grace of the U.S. dollar as a reserve currency is written, today will mark the final bullet into the body of the greenback before it fell off the cliff of acceptance.

The battle royal is far from over. Today’s event should give you the courage to become an active 1/3 trader in the gold market itself, assuming you qualify to trade there.

winedoc

You guys are on fire! This place is coming together like no other site on the planet. Good stuff! To AuDept and any assistants you may have, thanks a mil for all that you are doing. Together, there is no way in hell we can loose. We are going to “sock it to them!”