Paperman was rich. He had influence beyond most imaginings. He was revered everywhere in America. Paperman's tentacles extended into everyone's life, be they rich or poor.
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.
Concurrent with the bear market in stocks is a rapidly developing bear market in the U.S. dollar index and a slowly deteriorating economy.
It's hard for me to believe I have eighty essays covering a four year period here at GOLD-EAGLE.com. Hopefully, it's not hard for you to have read all of them, as I have enjoyed writing them.
Yes, careful, it could be that time on Wall Street when the proverbial watch that doesn't work actually gives the correct time… bring out the bananas, it's gonna be a party... a short one, but maybe it'll be fun.
Lets Get this Capitulation Thing Over with so the Bull Will Return
When analyzing a mining stock such as DROOY for valuation, there are many variables to consider.
I am sure that you listen to the various investment programs on national TV. I do, because I want to know the prevailing, majority view. Invariably, what most analysts think is going to be wrong.
All states now require auto owners to possess insurance. Unfortunately, there are many irresponsible ones driving without insurance, often with revoked licenses, possibly drunk, and who seem to be totally irresponsible.
"Jail time for Wall Street crooks," urged Amey Stone in a recent BusinessWeek On-line article.
This is a story that bears repeating. J. P. Morgan Chase & Co. (JPM-NYSE) is one of the biggest banks in the world with assets of approaching US$ 700 billion, capital of about US$ 41 billion and a market cap of US$ 71 billion.
As with all matters of investment, everything is clear in hindsight. Had you bought gold mutual funds earlier this year, they might have appreciated more than 100 percent.
There was lots of second-guessing going on this past week as gold shares dove faster than Al Gore's latest popularity polls. The volatility is likely to continue. But the bears' vindication isn't.
Many market watchers, ourselves included, have been anticipating a correction or consolidation for gold and especially for gold shares.
We start where we always start and that is by asking the following general question. Do you get better value by being an owner of corporate America or a lender to Corporate America?
Gold is looking better all the time. A perfunctory look at the accompanying charts prove the, shall we say, omniscience of the call.
In a recent news article on the Miningweb newswire, dateline Johannesburg, it was reported that "South African gold stocks were massacred today as free-falling bullion knocked almost 8 percent off the Johannesburg Stock Exchange's
A closer look at the US gold market reveals very interesting aspects about the supply source of gold.
“If I buy a gold stock, it’s because I expect the gold price to go up.
Who didn't see that sell off in the Dow Monday? Looks like we need a fresh scapegoat.
This essay is non-specific to any Precious Metals mining sector. The reaction of a marginal mine to rising (or falling) commodity prices of their sector applies to Gold, Silver, Platinum, etc.
Over the past two weeks, two major U.S. institutions told their clients to sell gold and gold shares because the said they believed the move in gold was all but over.
Central banks are said to have lent their gold for about 1% per annum - the cheapest borrowed money on earth. They have not reported these loans as sales meaning their official gold reserves remain constant.
Since September 11th, I have suggested that the investment emphasis was poised for change. This was not based upon the terrorist attack alone, however the new war does serve to accelerate and expand the mood swing.
"I considered the horns, and, behold, there came up among them another little horn, before whom there were three of the first horns plucked up by the roots… Then I would know the truth of the fourth beast…
Everyone has faith in something. Absolutely everyone. Most of us have faith in our parents, if they still live, as they were our guiding lights when we were growing to adulthood.