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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.

 

As noted on July 15 (http://www.gold-eagle.com/article/tapering-bets-could-backfire-stock-bears ), our guess is the tapering dialogue at the Fed is more about escalating fears of another round of asset bubbles rather than confidence in...

I think the title script, like the subject matter, reveals more than first meets the eye. While almost everyone is trying to convince their readers that they have tremendous foresight, in reality most are just followers trying to hop on...

The prevailing mantra on Wall Street is that gold’s bull market is now over and it’s time to bury precious metals as an investment theme for the indefinite future.

According to CNBC, the recent volatility in gold prices has left not only investors and traders puzzled about what is going on with the precious metal.

My chart this week shows simply nothing!   There is no way to determine what prices are going to do next until gold breaks through $1450 or falls below $1200.  Gold Bugs are waiting for the next drop in price to get rid

The Fed’s tea leaves still infer the base case is some form of tapering to their bond buying campaign in September.

The US national debt is approaching seventeen trillion dollars.  That’s an awful lot of money to have to pay back.  Decades ago, it was widely acknowledged that while America’s debt was huge, it was manageable as US Treasury debt was an...

Does the Fed chairman really not understand what drives savers to gold...?
BEN BERNANKE, today's most powerful banker, said this week that nobody really understands gold prices, including himself. Victorian Europe's richest man, and...

In 1980, in an infamous episode of “American Justice”; the Hunt Brothers were charged (and convicted) with attempting to “corner the silver market” – i.e. an attempt to monopolize it.

It’s not a surprise, or even unusual, to see public investors with a quite different take on the market than so-called ‘smart money’. That divide has been quite obvious again in the current bull/bear market cycle.

“The Federal Reserve’s proposed timetable for tapering its $85 billion-a-month bond-buying program is not set in stone, Chairman Ben Bernanke said on Wednesday in fairly dovish prepared remarks t

ECONOMIC SCHIZOPHRENIA  -- You do not have to be a medical doctor to diagnose a certain level of schizophrenia in the market.

From the minutes of the Federal Reserve meeting April 30th - May 1st 2013…

Regular readers have heard this warning on many prior occasions. We are facing an economic menace unparalleled in all of history: the Rise of the Oligopoly.

On the global market scene, Russia has been one of the major laggards this year.  The Market Vectors Russia ETF (RSX), a reflection of the country’s stock market, fell 22% from its high earlier this year.  RSX was testing a three-year...

US and UK inflation rose faster than interest rates in June. Get used to it...JUST WHY DO people choose to buy gold and silver?

In an environment where financial markets are probably more dependent on the action of central banks than at any point in our lifetimes, the markets parsed every word of Ben Bernanke’s Congressional testimony Wednesday.

It was a challenging first half of the year for most commodities, with only two resources we track on our Periodi

In Part I, we looked at the concepts of nonlinearity, dynamics, multivariate, state, and contiguity.

DEFICITS MATTER! Democrat Franklin Delano Roosevelt was the first to publicly declare that deficits did not matter since, he reasoned, we owe the money to ourselves.

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”  HENRY FORD

As the 10-year to T-bill yield curve chart makes clear, we are not in Kansas anymore.  We are in Wonderland and as you can see, in Wonderland interest rates and their interrelationships are at the center of events.

China's Surging Demand "Supporting Gold" as Retail Sales Defy GDP Slowdown

LONDON prices for physical gold held little changed Monday morning, edging lower from the best weekly finish in three as new data showed China's economic growth...

Dual Mandate Says No Major Changes Coming.  In 1977, Congress amended The Federal Reserve Act, stating the monetary policy objectives of the Federal Reserve are “to promote effectively the goals of maximum employment, stable prices and...

The impact of the lower yen and rupee versus the US dollar on Treasuries and bonds.  As a result of “the stronger dollar” the treasuries showed very nice gains measured in yen as a result of which the Japanese offloaded

In countering the relentless gold-bashing propaganda of the mainstream media; readers have listened to the many virtues of gold (and silver) recited again and again by the (legitimate) commentators within the sector.

A subscriber asked me this week why the precious metals complex has been falling and if the charts could show the reason why. From the Chartology perspective it's really a no brainier why this sector has fallen on hard times.

There is good reason to believe that gold and silver has just passed a historic low in their bull market correction.  Here’s a chart comparing the 1982-2000 Dow Jones (Blue Plot) and NASDAQ Composite (Red Plot) bull markets (weeks 1 to...

Last year I correctly spotted the three year cycle low in the CRB. I must admit the retest of that bottom has taken much longer and been far deeper than I thought it would be. However, I think the retest is over.

It seems that everybody’s hanging on the Fed’s every word.

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