first majestic silver

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.

 

We expect the Fed to hike short-term interest rates aggressively during 2004; not as part of a well thought-out plan or because Fed Chairman Alan Greenspan is not politically astute (he is most definitely a political animal), but r

Open Interest as reflected on the COMEX weekly chart on August 8th is now 550 million ounces (see below), with Commercials having a net open short position of 352 million ounces as at August 5th.

A first definition and first warning

August 5, 1993: 'In a matter of seconds' the gold price dropped by $ 10 when COMEX trading opened in New York - a 'technical blitz of selling' had taken place.

RECAP ON CYCLES


What are "cycles" anyway? Who do they affect?

THE YUAN, THE EURO, TAXES, AND GOLD



Question: what do the euro, the yuan, taxes, and gold have in common?

This article provides a final "in-depth" assessment of Silver and Silver related equities as investment opportunities over the coming years.

For years I've kept wondering how the major mining companies will be able to keep up their rate of production, never mind expanding it.

During the first half of 2003, gold and gold shares consolidated their considerable gains of 2002. After running up to $390/oz.

I am an individual investor that has been following the evolving silver story for the past 19 years.

During testimony before the House Financial Services committee last week, Federal Reserve Chairman Alan Greenspan indicated that he is prepared to maintain low interest rates for “as long as it takes” to energize the listless econo

Our reasons for focussing so closely on Silver at the current time are threefold:

Some outstanding points are made in the Puplava article.


Just want to mention a few before my brief thoughts on contrarian investing:

As far as our longer-term (12 months or longer) views are concerned it is usually possible for us to lay out in clear, concise terms, what we think is going to happen and why it is going to happen that way.

At the time that I wrote my first Gold-Eagle article (August 6th 2002) I was nervous that the world economy might be heading towards a "train crash", but I was fairly optimistic that the train crash could be avoided.

In the past week, the silver price rose, and the "traders" once again attempted to cash in, but Open Interest rose only modestly, as traders demonstrated a bit more tentativeness than they have historically demonstrated.

I promised to share with you some of the terrific letters I’ve received in response to my query about whether we should be worried about restrictions on gold ownership.

No, I didn’t stutter and strike the “1” key twice. George Washington was indeed the 11th president of the United States.

Home page: http://www.goldcorp.com

There have been two very interesting developments in the past week:



1. Silver’s Daily Open Interest on Comex dropped to almost zero (See red line at bottom of chart)

In the last twenty and more years, gold has been insulted, belittled, called a "Barbarous Relic" , a mere commodity and treated with disdain, whilst being on the end of a campaign to reduce its U.S. price.


It won’t be easy to put the genie back in the bottle

“Changing the Fed's monetary tactics may help, but the System needs basic reform. We should end its money-creating powers, make it a bureau of the Treasury, and freeze the quantity of high-powered money.”

Introduction

"You are a den of vipers and thieves.

I intend to rout you out, and by the Eternal God, I will rout you out."

Latest Articles on Silver Phoenix 500


A medical study in France during the early twentieth century suggests that gold is an effective treatment for rheumatoid arthritis.

Gold Eagle twitter                Like Gold Eagle on Facebook