The Sorcerer's Apprentice is a poem about an old sorcerer who leaves his apprentice in his workshop to carry out the chores. The following excerpt from Wikipedia summarizes the story:
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.
I gave this article the same title of a favourite Fleetwood Mac song of mine.
Over the past few months it seems as though everything has been tied to the dollar.
There is no need to talk about the recent G20 meetings as absolutely nothing was accomplished whatsoever. Glad to see our taxpayer dollars working out so hard. Why don't they just teleconference and call it austerity?
The further this bull market in precious metals rages the more bull, you know what, you hear.
It has been a roller coaster week thus far as stocks and precious metals plunged on heavy selling volume on the back of a rising dollar, only to make a strong rebound Wednesday.
"I believe that banking institutions are more dangerous to our liberties than standing armies.
The Fed crossed the Rubicon last week with its announcement of another massive tranche of QE (Quantitative Easing or in common parlance mon
The financial markets continue to climb the wall of worry on the back of more Fed Quantitative Easing.
The highly-anticipated 2010 mid-term elections are finally over, a huge relief if you hate politics and government meddling in our lives as much as I do.
A love affair with silver is so natural. The fundamentals are astoundingly positive and bullish in price prospects. My basic argument has been repeated many times. Industry has countless uses for silver, significant demand.
With the election over and congress divided, it may be difficult for the president to get much done.
The word "millionaire" first made its American print debut in an obituary for Pierre Lorillard II in 1843 when he died leaving behind a fortune of over $1,000,000.
This week we have a major wild card (Election) happening on Tuesday. Most of you know I don't get involved with political discussion for several reasons... one of them being that I am Canadian "an outsider" looking in.
Since I've started my weekly market report in October 2008, I've written over 400,000 words, constructing thousands of charts and over 100 different reports in the process: time for a bit of a rest.
Gold and silver at last staged the expected correction necessary to unwind the extremely overbought condition that had persisted for weeks.
As I've stated in countless article before, the Fed is good at nothing but blowing bubbles.
The mortgage & foreclosure scandal runs so deep that ordinary observers can conclude the US financial foundation is laced with a cancer detectable by ordinary people.
The Bible teaches: "You can't change other people, you can only change yourself". Will We Ever Learn?
The G20 meetings this weekend seem to have ended as they began. The two heavyweights are China and the US. The US says that China must let it's currency appreciate since they have such a large external surplus.
Last week was volatile thanks to China raising their interest rates a quarter basis point. This rate hike caused the Dollar to spike in value which in turn forced equities and metals to sell off sharply.
Before I get to the meat of this short article, I'd like to say that the correction in Gold is very welcomed by me.
Gold has enjoyed a relentless and rather one-sided rally since late July. Up 18.9% at best over an 11-week span where nearly 2/3rds of the trading days enjoyed gains, some traders are wondering if this metal is getting overbought.
I'm just saying that I've been thinking about 'Risk' and specifically about risk in the securities markets. What prompted that thought?
Latest Articles on Silver Phoenix 500
In 1933 President Franklin Roosevelt signed Executive Order 6102 which outlawed U.S. citizens from hoarding gold.
