After interest in gold died down with the last failure to push above $300 resistance, suddenly, the metal wakes up to no fundamentals.
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.
After interest in gold died down with the last failure to push above $300 resistance, suddenly, the metal wakes up to no fundamentals.
How very interesting it was to see a reputable financial publication addressing an issue that has been highly debated among gold bugs in recent years, but never formally substantiated.
The gold standard failed because a gold standard and central bank cannot coexist. It is as simple as that. That is particularly true when the gold standard is not sound in the first place, which many argue it wasn't.
The gold sector has been a source of both delight and frustration among traders in recent weeks.
We sound like a broken record. But the fact is the stock market, as measured by the S&P 500 remains absolutely, ridiculously overvalued!
Every month, my web site gets about 48,000 - 50,000 "hits." This means a lot of you people out there, are curious as to the prices of the various coins, bars, and other forms of bullion type gold and silver.
Be aware of economic cycles, just as you watch the changing seasons.
Each type of investment has its cycle, and the way to invest
safely and profitably is to keep harmony with these cycles. Leon Richardson
Each type of investment has its cycle, and the way to invest
safely and profitably is to keep harmony with these cycles. Leon Richardson
A highly significant article featured in last week's Financial Times.
If ever there was a reason to worry about a "double-dip" recession, here it is: according to Reuter's, "Few economists see a double-dip recession as a credible threat right now."
Mr. Greenspan, would you please do something about this (see chart) before it gets outta' hand?
The wonderful federal government issues statistics galore, about every possible item that can be counted.
We have been asked by some of our subscribers to give an opinion of the recently released report on gold bullion by the Blanchard Economic Research Unit of the precious metals sales firm Blanchard (New Orleans, LA).
Nailed Wednesday action . . . for another consecutive day of calls that defied most of the prevailing logic about this holiday-shortened trading week.
First let me make the following disclaimers. Everyone must do his or her own due diligence. Nothing in this essay should be considered investment advice.
First let me make the following disclaimers. Everyone must do his or her own due diligence. Nothing in this essay should be considered investment advice.
In all ages, pioneers of new ways of thinking and acting could work only because private property made contempt of the majority's ways possible - Mises in Liberty and Property
Have you ever known of an increase in government bureaucracy, spending, services, or intrusion into our life, that has ever regressed?
We sound like a broken record, but overvaluation of the stock market is so severe that we must continue to hammer away on this theme week after week.
Gold futures on the COMEX saw an impressive upside run this past week, closing up to $297.60 as of Friday. This is certainly a sign of underlying technical strength in gold on an immediate-term basis.
During the past week the gold price was virtually unchanged, but since its February 8th high gold has declined $13.40 to $290.10 an ounce.
It's 2002 and the 4-year "Presidential Cycle" is due to bottom in November.
The Bush administration has been undermining the pillars of dollar policy under the management of his associates - Mr. O'Neill and Mr.
Latest Articles on Silver Phoenix 500
24 karat gold is pure elemental gold.
