!!! Gold Bestände der Zentralbanken + Shortpositionen der Produzenten!!! - 500 Beiträge pro Seite

[ThaiGuru]

http://www.financialsense.com/metals/sinclair/editorials/ss/…

GUEST EDITORIAL

James E. Sinclair of Tan Range Exploration Corp. & Harry D. Schultz of International Harry Schultz Letter

Gold Mines Exposed
as Gold Bull Market Enters Overdrive

--WHY gold will go parabolic
--HOW good gold news will be fatally bad news for many (most?) mines -- as the price rises.
--"Hedges" is the wrong word. They aren’t hedges! A pity.


Major Central Banks Gold Holdings: The Long Position
Here are the facts about mine shorting that they and the cartel don’t want you to read. We dug them out via our specially hired R&D team:

Major Central Bank`s Gold Holdings

Metric tons Troy Ounces Value at $300

US 8149
261,998,499 78,599,549,700

Germany 3456.6
111,133,147 33,339,943,980

IMF 3217.3
103,439,412 31,031,823,690

France 3024.8
97,250,345 29,175,103,440

Italy 2451.8
78,827,822 23,648,346,540

Switzerland 2149.7
69,115,005 20,734,501,410

Netherlands 884.5
28,437,560 8,531,267,850

ECB 767
24,659,817 7,397,945,100

Japan 765.2
24,601,945 7,380,583,560

Portugal 606.8
19,509,227 5,852,768,040

Spain 523.4
16,827,833 5,048,350,020

China 500
16,075,500 4,822,650,000

Russia 424.2
13,638,454 4,091,536,260

Taiwan 421.8
13,561,292 4,068,387,540

India 357.8
11,503,628 3,451,088,340

27699.9
890,579,485 267,173,845,470

Available for sale @62 2/3 558,096,774 Tonnen
167,429,032,219 US Dollar


Gold Producers Short Gold Position

Gold Company / % der Jahres Goldproduktion gehedgt



Agnico Eagle 0%

Ashanti 873%

Aurion Gold 862%

Aurora Gold 186%

Anglogold 184%

Barrick Gold 298%

Cambior 309%

Cameco 400%

Durban Deep 67%

Echo Bay 27%

Freeport McM. 0%

Glamis Gold 0%

Goldcorp 0%

Goldfields 0%

GRD 964%

Harmony 99%

Hecla Mines 102%

Hill 50 645%

IAMGOLD 68%

Inmet Gold 80%

Kinross Gold 54%

Lihir Gold 404%

Meridan 0%

Mim Holdings 135%

Newmont/Norm. 124%

Normandy NFM 407%

Placer Dome 1202%

Resolute 105%

Rio Tinto 0%

Sons of Gwalia 1157%

Teck-Cominco+A16 95%

TVX Gold 220%

Western Areas* 506%

Durchnitt = 198%

* Western Areas production number is low due to restructuring

Total Unzen Shortverkäufe der Gold Produzenten 94,832,857 oz = $30,346,514,240 @ $320 AU

Total Nominal Wert der Derivative on the books of the Commercial Banks of the reporting 48 nations of the IMF survey.

900,000,000 oz. or $278,000,000,000 @ $320 gold = USD$288,000,000,000

Gold producers need to know what they’re up against. Gold Producers are the smallest presence in the Gold Derivative market! FYI, at $354 gold producers only 11% of the total notional value which then will be a real value.


Now you know the Shocking truth of the greed driven gold banks.

Gold Producers are ONLY 11% of the TOTAL World Gold Derivative ounces and value.



Let`s have a fast review before we reveal to you the shocking truth of greed gone wild in the gold cartel.

Gold almost never leads a rise in the commodity market. Yet today it is.

Gold is rising for other and sound reasons.

Many key commodities (Soy, Wheat, and Sugar) are far below their cost of production and have been for the normal multi-year inventory takedown period.

The equation that is the soundest fundamental reason for a gold bull market is a growing current account balance (overseas holders of US$`s) with a growing U.S. budget deficit plus a classic technical top in the USDX (index measuring $`s performance trade weighted) and a lower bond market.

The Federal Reserve is in the tightest box since it was (illegally) founded in 1913. Its mission then and now is to prevent liquidity meltdowns. The Federal Reserve later this year will not lead interest rates higher, but only follow the market in catch-up action to the market reality of higher rates. If the Federal Reserve dared to lead interest rates higher in 2002, you would see NASDOG below 1000. That is being boxed in!

US stocks show ongoing weakness, confirming a bear market.
Notional Value of a derivative becomes Real Market Value at $354 gold as a product of risk control systems used by all gold banks and derivative traders. This is a key element of this analysis as the numbers you are about to see become real $ figures in the marketplace.

Ganzer Bericht:
http://www.financialsense.com/metals/sinclair/editorials/ss/…

[ThaiGuru]

Korrektur!

Habe im Posting das Wort Tonnen eingesetzt anstelle von Unzen. Bitte um Nachsicht.

Available for sale @62 2/3 558,096,774 Unzen