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Apr 3, 2009

From The Desk Of Nick Nicolaas:":Zeal Inteligence Newsletter"

We have received Nick Nicolaas newslater. the transcript of it is the following:

Dear Friends,
Adam Hamilton has posted his weekly Zeal Intelligence Newsletter on the Mining Interactive Website. Click here:

Have a great weekend and - - - Stay Tuned!!

Nick L. Nicolaas Mining Interactive “Ahead of the Pack”

Suite 500 - Park Place666 Burrard StreetVancouver BCCanada V6C 3P6

nick@mininginteractive.comTel: +1 (604) 657-4058Fax: +1 (604) 685-1631

You too have a great week end Nick,

ADMINISTRATION"G20 Summit: winners and losers"

How did the big players fare?
Last Updated: 7:52AM BST 03 Apr 2009.

Tor ead full coverage of article, click HERE

G20 Didn't Increase Gold Sales

Submitted by cpowell on 10:34AM ET Friday, April 3, 2009. Section: Daily Dispatches By Lesley WroughtonReutersvia Business Spectator, AustraliaFriday, April 3, 2009 -- Planned International Monetary Fund gold sales agreed by the G20 to raise money for low-income countries apply only to the 403 tonnes already approved last year and are not additional, an IMF spokesman said. "The gold sales apply only to those amounts already agreed and announced previously by the IMF," IMF spokesman William Murray told Reuters. The IMF last year approved the sale of 403 tonnes of its 3,217 tonnes (103.4 million ounces) gold stocks as part of a plan to overhaul its income model and to create an endowment with the profits from the sales. But since the global financial crisis began and more countries are in need of funding, the G20 has decided to allocate the profits from the sale of the 403 tonnes to resources for poorer developing countries. The sale of the already approved gold will, however, not happen immediately. Selling IMF gold requires ratification by member countries' legislatures, including the US Congress, a decision that is expected to take at least several months, perhaps longer. The G20 communique at the end of a leaders' summit in London said, "We have committed, consistent with the new income model, that additional resources from agreed sales of IMF gold will be used, together with surplus income, to provide $US6 billion additional concessional and flexible finance for the poorest countries over the next 2 to 3 years." There was no mention in the final communique of bringing forward the gold sales, although it called on the IMF "to come forward with concrete proposals" at the IMF's spring meetings later in April.
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What now for the S&P? By Adam Hewison

The dramatic run up that we have seen in the S&P 500 may be coming to an end. The retracement back over the 840 level should provide sufficient resistance to reverse this market to the downside.
Now here is the caveat, our long-term indicator, the monthly “Trade Triangle” remains negative on this market. While the direction of our weekly timing “Trade Triangle” is on the sidelines and neutral. This has created a conflict, meaning that conservative traders should remain on the sidelines to protect capital.
I am looking for an area to once again get short this market and trade with the major trend in our favor.
My downside target zone is for an eventual move down to the 500 level. Only if we take out highs as I mention in the video, then this analysis will change.
I hope you enjoy this short video. I will cover two important elements in trading: the Elliott wave theory, and the other is the Fibonacci retracement levels that I like to watch and trade with.As always, the video is available with our compliments and there is no requirement to register to watch this video.To view the video please click

Co-creator, MarketClub