Last week, if you felt like the person in the cartoon below, you were probably in good company. It was a gut-wrenching downward plunge that challenged the emotions. Relax, there is some good news.
Bear's Lair
Bear Markets always follow Bull markets and a severe stock market correction is long overdue. Bears Lair will spot, monitor and analyze the stock market correction as it develops.
The most Common economic viewpoints predict that the aging societies of the Developed Countries, especially Japan, portend lower economic growth in the future because their aging populations are likely to save more (consume less) t
Did you ever see a better buying opportunity than the last few days? Did you ever see a worse day for futures holders, many of whom were wiped out?
The recent plunge in the price of gold has caused shell-shocked investors to second guess their previous outlook for the metal.
Gold plunged today as the steep but orderly decline from a “Matterhorn” top gave way to a stampede for the exits as blind panic set in - normally a symptom of a bottom.
Thank you for your feedback and comments in regards to my previous commentary, "A golden opportunity?" In reaction, many readers have asked me why is it that after having been a consistent buyer of the gold market for the past five
"I am pleased to report the inflation monster has been captured and placed in a jar".
All four are termed 'commodities,' but all four are different. Let's examine them all briefly, and see what attributes, liabilities, and chances one takes in investing in them.
Recently I conducted some economic research on the last bull market we experienced in precious metals from 1970-1982.
Back in the late 1990's telecommunication companies such as Cisco, Nortel, and Lucent sold or, though various vendor financing schemes, pretended to sell, vast quantities of equipment to money losing start-ups.
In "Elliott Wave Update IV" published on 19 February 2006, the following was the summary of my views on gold at that time:
As an investor, there are two main values of the U.S. dollar to monitor:
The World, the Economy and the Stock Market in particular, always act like a giant pendulum, swinging from under valuation to over valuation, deflation to inflation, paper assets to hard assets, calm to turmoil.
The current gold price correction has probably been completed in terms of price magnitude but the correction may not be completed in terms of time duration and complexity.
This is one of those times when the Elliott Wave labeling suggests we are approaching a top for a correction in a new down-trend, however there was so much buying power generated in Thursday's rally in major equity mark
In today's style over substance economy, the job of Treasury Secretary has devolved into a pitch man for the government's economic disinformation campaign.
It's really difficult to be objective about something one despises so much, but here goes. Why hate a bureaucrat or bureaucracy?
Technical chart analysis is called an art form, highly subjective, given to experienced interpretation, and not the least a hard science.
Greenspan's long-ago warning of 'irrational exuberance' still rings true. No one listened then, and No one is listening now?
As U.S. inflation is beginning to be taken a bit more seriously, the dollar has found some temporary support as traders anticipate higher interest rates from a more aggressive Fed.
Lease rates are spiking up again.
My view here is that the shorts are leasing silver and are "dumping" what they have leased into the market in an attempt to get the price down as much as possible.
We are fast entering the other side to statistical distortion, as an unusual combination has revealed itself. If it were not so destructive, it would be hilarious.
The much anticipated and much needed new ETF for precious metals stocks has finally debuted on 5/22, without much fanfare. In fact, there is very little info on the web.
The action on Friday was characteristic of a reversal and it was sector wide with Reversal Days showing up in the charts of the gold stock indices and many gold and silver stocks.
“Silver is rarer than gold. Period. There is less silver in the world, above ground than there is gold. That is easy to document.