Employment Games and Other Silly Statistics
The New Value Revolution...
Same Old Misunderstandings
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.
Employment Games and Other Silly Statistics
The New Value Revolution...
Same Old Misunderstandings
The Silver story is one that many will call a filthy rotten stinking scandal as the price of Silver has been illegally suppressed for so long, however screaming and make empty threats has not changed much.
Business Summary Gammon Lake Resources is a public company that is growing rapidly -- now moving into significant gold production while continuing to develop a second major resource to the multimillion-ounce status.
Gold prices move—to a greater or lesser degree-- on almost an emotional level.
The main reason that the masses ignore the inevitable failure of fiat money systems, such as that which is employed by the US and virtually the rest of the world today, is because just prior to their demise, they have more recently
Normally, the most sensible thing one can do when one makes a wrong call is to admit it and move on. To err is human. To err twice is stupid.
Technical Observations
The past two weeks have brought about the anticipated trading range in gold:
This article is highly technical in nature and may be difficult for some readers to follow. For this reason, a summary of the article and its conclusions are set out by way of introduction:
If you're one of the growing number of investors who believe a financial meltdown is likely, you've probably been looking at gold. If so, you may also want to consider silver.
Summary and Conclusions
The evidence is mounting that the US Federal Reserve Board, and the Establishment which it represents, is losing control.
First of all, thank you for all the feedback. I do read all of it. As much as I would love to discuss the points raised in each comment individually, that is just not possible.
SERIES OVERVIEW,
THE DUAL NATURE OF GOLD, and A MYSTERY
OVERVIEW
I would be the first to champion the benefits of Free Trade based on legitimate Comparative Advantage.
In a January 4 speech this year, Fed. Governor Bernanke opined that the rising gold price was caused by terrorism.
Technical Analysis is all about listening to what the market is telling you - and the messages are often very unclear because of a phenomenon called "biofeedback".
At the beginning of 2003, the level of debt that American’s owed as an absolute amount, and as a ratio of income, was already approaching levels never seen before.
I don't believe in "efficient market theory" that states that all the important information is already known by the market, and that stock picking is somehow like throwing darts at a wall.
The following monthly chart of the Dow Jones Industrial Index is very informative if one focuses on "volume" in addition to price.
After a 4-week correction, gold investors are asking where gold will find support before ultimately ending its corrective decline.
I recently had cause to recall the fact that my Professor of International Finance gave me a "courtesy" pass mark for his course (in 1970/1) because I was stupid/arrogant enough to argue that the gold price would rise above $35/oun