It is not wise to write about gold's correction. It seems folks prefer to read those four and five digit gold price predictions, therefore, if you belong to the "to da moon" club, read no further.
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.
As the FED continues to slowly raise interest rates quarter point by quarter point, the financial environment may seem to be changing very little, but in reality it is becoming increasingly at risk from financial tornadoes; A torna
I have documented this amazing phenomenon a year ago, and for those who have not read my previous article, a little background is needed before reading this special report.
It's been awhile since I have written, and it really feels good to be back.
So far, 2006 has been a very volatile year for gold stocks. After soaring 20% in January, the XAU declined by 15% in February, despite the fact that gold only declined 1% during the month.
Gold bulls had a great run in the past few months, and those of us who participated in the latest up cycle have taken partial profits while maintaining a core position for the long term.
It is widely believed that the Federal government has an unofficial policy that some banks and other financial institutions are simply too big to fail.
Over the past weekend, many articles were digested along with meals taken in alongside some more fine Olympic action (not without drama between Shani Davis and Chad Hedrick).
More than 100,000 Iraqi soldiers backed up by 700 tanks invaded the Gulf state of Kuwait in the early hours of August 2, 1990.
In August 2003 I published an Elliott Wave forecast for gold which suggested that the target for the peak of the first major wave of the new gold bull market was $630.
From time to time, even these days, an article pops up by a writer who attempts to dismiss Technical Analysis, or charting, as random, worthless nonsense, or at least as being secondary to the superior art of Fundamental Analysis.
Much has been made of the fact companies with pure molybdenum deposits have not reacted as strongly as one might expect based on the base metal bull market and the price of molybdenum now having sustained a price north of $15.00 fo
Yesterday, Ben Bernanke began the first of what will likely be many semi-annual pilgrimages to Capital Hill.
Preface: Welcome, Chairman Bernanke. May you ward off price inflation from reaching the core CPI. May you enact policies that continue to export inflation to Asia. Embrace those faulty statistics.
Some of the words that are commonly used by economists and financial journalists create an inaccurate picture of what's really happening in the world.
Preface: Welcome, Chairman Bernanke. May you ward off price inflation from reaching the core CPI. May you enact policies that continue to export inflation to Asia. Embrace those faulty statistics.
I've shown the TSX in early Dec, suggesting a breakout of the "cup with handle" pattern portends a rally into the 12000 area. That target was met early last week and price was firmly rejected, causing a plunge of 500 points.
A correction in the Precious Metals sector had been a growing probability as it had powered higher week after week. Now, last week’s action demonstrates that it is upon us.
Gold did move higher in response to silver’s late January breakout, but it did not succeed in breaking free of the influence of its long-term uptrend return line and advancing significantly as expected, and is therefore now vulnera
What does the well known constellation we all learned to look for in the night sky have to do with the gold market?
This article attempts to establish the notion that as the gold price rises, the mine production industry will not bring significantly more gold to market.
Inflation, currency depreciation, wars and terrorism, credit bubble, deficits, India, China…….list goes on and on, for those who are looking for reasons, plenty of why this and why that can be found on the web these days.
This week, Alan Greenspan bids a long overdue farewell to the Federal Reserve that he chaired for eighteen years. Praise from his Washington and Wall Street beneficiaries has naturally arrived by the boatload.
Back in the late 1970's, the lineups to buy gold looked more like lineups of people waiting to buy Stanley Cup Hockey tickets at the then Famous Montreal Forum.
Inflation makes it hard to judge the value of everything. Because the measuring unit, the dollar, is always dwindling, how can you know what a price 10 or 20 years ago means?
The gold market lately has left many veteran analysts and gold experts baffled, and made many of them look amateurish, as many have advised their readers to exit the market in anticipation of a sell off.
In the last 90 days, the price of gold increased 25%, from around $440 to $550. In contrast, it took three years from its bear market low in 1999 for gold to sustain a 25% rise.
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Pure gold is non-toxic when ingested.
