SUMMARY
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.
Ahh, reality is stingy, and forces us to make choices. If you stop at McDonald's for lunch you can't eat at Burger King at the same time.
"When the capital development of a country becomes the by-product of the activities of a casino, the job is likely to become ill done."(John Maynard Keynes)
Iraq news has dominated the gold market since late last year, and may continue to do so for several more months.
It seems as if every president proposes a "tax relief plan," which plan is used to gain election, or at least make a wonderful campaign promise. Taxes are levied on virtually everything besides income.
Looking past the Iraqi "caper" - which I have now convinced myself is likely to be relatively short lived, if it manifests at all - what can we expect from the markets?
Ah the Lone Ranger! "Return with us now, to those thrilling days of yesteryear.
To understand what is happening in the gold and silver markets, it is necessary to understand the rules by which the game is being played.
There appear to be four "teams" of players, as follows:
There is a lot of talk about deflation nowadays, but very few people do understand the real meaning of its definition.
Given the interest being shown in these two owing to the threat of war and the prospect (some mistakenly believe) of inflation, I'm going to show you what's happening for as long as there is an interest.
The purpose of this article is to provide the investor with a non-biased analytical look at the stock market.
This article and the imbedded links are a "must read" for those in the U.S.
I have recently written how the price of gold could easily skyrocket towards infinity dollars per ounce as a result of a total dollar currency collapse, and how the gold price might stabilize at $32,567/oz. if the U.S.
We were asked the question, " What makes the gold price rise?", and the answers are not difficult to detail, but we realised that we were being asked the wrong question.
Not long ago, Gold Fields Mineral Services, Ltd. published its Gold Survey 2002--Update 2. The report began with the following:
Under the rules of Elliott Wave analysis, a bullish trend is determined by the fact that the price being charted forms 5 waves in an upward direction.
Even knowing that it actually happened, it still is almost unthinkable that the United States government would nationalize the personal assets of its citizens, give paper in exchange at 60% of the value of the assets - and book a p
For several years I have been harping about the Dow in Gold Dollars (DiG$). Why? Because valuing stocks in terms of gold gives us a superbly reliable indicator of the trends in both stocks and gold.
For a long time I have been tormented by a complicated question. I believe I finally have the answer. Especially after reading so much on the Café and other sites.
As if the war itself were not enough, the aftermath of the Civil War was a wrenching experience for the nation. In Washington there was high drama - the President was assassinated.
The price of gold goes up, but gold stocks don't, and you don't know why.
This article and the imbedded links are a "must read" for those in the U.S.
That central bankers are the quartermasters of inflation is no longer a controversial assertion.
As we descend further into the Kondratieff winter over the next decade, the possibility of a serious financial meltdown in America and worldwide will become ever greater.
There is no question that Gold has been the only story worth talking about in 2002. For the year gold was up 20%. Many junior gold shares were up many hundreds of percent.