In the wake of the US Federal Reserve interest rate hike on Tuesday, with no signals of an end to measured mindless moronic future hikes, the USDollar has failed to clear 90 on its index.
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.
In one of my previous articles written a few months back, I suggested that we are in a broad base bull market, and one of the charts I used for this purpose has just given us another major buy signal.
"We inflate our paper currency, we repair commerce with unlimited credit, and are presently visited with unlimited bankruptcy."
- R.W. Emerson, The Young American, 1844
Last time I was excited about politics, I was a fool. I voted for Ross Perot, twice! And we idiots were in favor of protectionism. Today, I'm a firm believer in the benefits of free trade.
I just think with gold and silver that are both political metals, they are manipulated, so Elliott Wave analysis is null and void for these metals (manipulation does not make for a good count anywhere).
The weekly chart below (courtesy stockcharts.com) shows a market that has been indecisive of the relative merits of silver vs gold as an investment target.
Never has a changing of the monetary guard taken place with the U.S. economy in so precarious a position. When Paul Volcker arrived, everyone knew the economy was a mess. Volcker's obvious job was to clean it up.
Dow Theory seeks to call the direction of the Primary trend - based on:
Grass Valley, CA (silverstockreport.com) -- The Silver Users Association (SUA), a group devoted to the conflicting goals of keeping silver prices low a
Before giving our view on the best silver miner in the world a little background information is necessary. First, the reader should ask why invest in the mining industry at all?
In August 2003 I published an Elliott Wave gold price forecast that targeted a price of $630 as the peak of the first major wave in the new gold bull market.
I am always amazed at how Wall Street is so easily fooled by statistics. If a number merely exceeds some consensus expectation, markets will react favorably, regardless of the misleading nature of the statistics themselves.
A battle of the titans is shaping up. The BKX bankers index is in the process of breaking down. It represents some of the largest and most powerful money center banks in the United States.
A ''just war'' is hospitable to every self-deception on the part of those waging it, none more than the certainty of virtue, under whose shelter every abomination can be committed with a clear conscience
While Wall Street pundits extol the virtues of the stock market, and its promise of assured riches, they consistently denigrate gold, and its value as an investment alternative.
I apologize for not writing an editorial for the last few weeks. We had a fire in my dental office on 9-12-05, and I have been working 20 hour days to put things back together. With the help of Dr.
The Oracle of Delphi was once a venerable shrine, supposedly foretelling the future in ancient Greek times.
Before we can even begin to discuss Interest rates intelligently, we must first define what it is that we are actually talking about since it appears that all the talking Media Heads and Wall Street analysts haven't a clue as to ho
In a commentary last week, I compared the recent surge in gold prices to the death of a canary in a coal mine.
Pictures are worth a thousand words, that is 1000 words for each picture. Well, here are several thousand words condensed for easy view.
Before we start, some definitions regarding the money supply are in order. M1, Money Supply; consists of cash plus checking accounts and travelers checks.
If the stock market was a coal mine, and investors the miners, gold would be their canary. A sharp increase the price of gold is a warning signal that all is not well.
This article has a few major points to make, but also some "hands on" guidance for following, doing research, and profiting from Canadian mining and energy stocks.
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Gold is widespread in low concentrations in all igneous rocks.
