The world functions upon a greatly different world chessboard compared to seven decades ago.
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.
Après moi, le deluge, literally "after me, the flood," the French phrase is attributed either to King Louis the XV or to his mistress, Madame Pompadour.
I hate to be so critical of CNBC, especially since they were gracious enough to have me on as a guest on Monday, but when they present such an easy target, I just can't resist.
"The objective of investing is to increase the purchasing power of capital."
Today's gold action was highly significant because it gave rise to a closing of the gap on the weekly bar chart of gold that manifested some weeks ago when emotion started to creep into the markets.
Judging from the level of complacency in the stock market, some of you may not care to make it to the second paragraph of this article--Hyman Minsky warned us about times like this!
This article was inspired by a recent article by Mr John Mauldin, entitled "The more things change".
Of the various vulnerabilities traditional financial assets are exposed to, a rising oil price is of particular concern.
Of the various vulnerabilities traditional financial assets are exposed to, a rising oil price is of particular concern.
Much as home builders and mortgage associations and national realtors and REIT managers would like to deny, strong parallels exist between the housing bubble and the tech stock bubble in 1999.
For successful investment decisions it is necessary to recognise the main driver for a future development and then adjust accordingly the investment strategy.
As the debate over the existence of a real estate bubble rages, the most persuasive case in favor continues to be made by those firmly committed to the opposite point of view.
Bottom line of the charts that follow is: It seems that speculators are starting to exit the "hot" markets
Acknowledgment: Mr Ted Butler's most recent article drew my attention once again to the relationship between outstanding Commitment of Traders contracts and subsequent price movement is the silver price.
Gold & Historical Norm is Chapter I of the Gold Drivers Report and analyses Gold against its own historical norm.
The fact that signs of growing inflation have coincided with a strengthening dollar has led many to the erroneous conclusion that higher inflation is somehow good for the dollar.
The term "Petro-Dollar" has been bandied about for years. In my travels, much has been mentioned in indirect terms about it, with assumptions of its nature and structural significance.
The proportion of mind space that this analyst has been paying to the US markets (which he typically only does in his spare time) is growing to become uncomfortably high.
I just happened to stumble across the chart below, which is a 5% X 3 box reversal of the RATIO of silver to gold.
Today's release of March's much weaker than expected non-farm payroll numbers (110,000 verses average estimates of 213,000), together with February's downward revisions, provides clear evidence that the "recovery" is indeed falteri
It is a matter of absolute fact that the Mayan Calendar ends on December 21 st, 2012.
There are two ways of looking at this:
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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
