[Note: The following is the second installment of a four-part series based on the John Kenneth Galbraith classic, The Great Crash 1929, and the parallel events of today's stock market.]
One of the timeless maxims known to almost every student of human affairs is that history always repeats, and that those who do not learn from the mistakes of the past are doomed to repeat them. What fewer realize, however, is how this...
It is becoming more and more evident with each passing week that the gold market, along with commodities in general, have seen a bottom and will continue to consolidate or move higher in the weeks and months ahead. Even more impressively,...
The broad U.S. stock market continued to show its underlying strength last week in the face of a bearish near-term technical picture. We had fully anticipated a sharp correction in most of the major stock indices, but instead we witnessed...
In the coming weeks and months, one of the most reliable leading indicators for the U.S. stock market will not necessarily be a broad-market, capitalization-weighted index or momentum indicator. It will instead involve a commodity that...
After experiencing a brief correction early last week the Dow Jones Industrials promptly reversed its falling trend and continued its bullish trend by week's end. This is precisely as we predicted in last week's commentary, though the...
It has been our plaintiff cry for the last six months that the gold mining stocks, particularly of the undervalued speculative variety, offer by far the greatest potential for profits for the lowest price in today's severely overvalued...
Talk about a tough market to interpret! The stock operators (i.e., manipulators) on Wall Street have made the market analyst's job extremely difficult, and we have no way of knowing for certain whether this is a market in net distribution...
What a refuge the investor has in those peerless gold stocks! While technical deterioration and extreme overvaluation abounds throughout the stock market today, a brand new bull market is just beginning in the golds sector. And investors...
We haven't been this bullish on the speculative gold stocks sector in years! You will have to pardon our somewhat exuberant tone in this article—we normally approach our technical analysis of markets with a strictly unbiased perspective—...