GLD – on sell signal.
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.
"Men haven’t changed much in the last 2,000 years and, in consequence, we must still learn from history." –
The following is a quote from an article which discusses the current disruption in the airline industry in the USA, as the FAA moves to enforce its rules:
The prospect of a USFed 0% rate becoming a reality has been on my mind since August when the subprime made news hit.
When the going gets tough, the tough get going. From an investment perspective, times are getting tougher; so what do we do?
One of the most frequent questions we get from newcomers to the gold market is "When should I buy Gold?"
The sudden about-face last night to become bullish on gold and silver stocks again requires some explanation.
Seventy-five years ago this month Franklin Delano Roosevelt was inaugurated as the 32nd President of the United States. Within days after swearing to uphold the U.S.
Last week we got the expected relief rally in gold and silver and closed out profitable Call option trades mid-week as the rally topped out.
GLD – on sell signal.
IP is over and a correction is now in progress.
The prevailing force-fed sentiment is that the US financial sector has bottomed out, the worst is over, the mechanisms for remedy are here, and time to get back in the water for profound bargains again. Let me rebutt!
Now that the Fed and the Treasury Department have clumsily come to the rescue of the financial titans of Wall Street, it is now politically dangerous to resist similar pleas from just about everybody else.
BIG GOLD: Gold has passed its 1980 nominal high. Why do you think it’s breaking out now?
I still expect Gold to run higher over the coming months. When anybody asks me if now is a good time to purchase Gold or Silver, I just tell them to keep buying and to “average in.” The massive parabolic move still lies ahead.
In some ways life never seems to change. When you are 5 years-old you run around the back yard looking for Easter Eggs on Easter Sunday morning.
The $988.50 forecast in Update 17 for the peak of Large wave I was exceeded by a small margin.
In some ways life never seems to change. When you are 5 years-old you run around the back yard looking for Easter Eggs on Easter Sunday morning.
I have been reading the independent views of Ian McAvity, as expressed in his letter “Deliberations” for more than 30 years and like me, he too is not afraid to tell it like it is.
As the financial markets stare at the abyss, contemplate the cliff, suffering massive falls in selective stocks, a review of ‘Cliff Notes’ might be appropriate. The financial maelstrom is gathering force and fury.
Implausible as it may seem, gold shares, which have outperformed equity markets and most other asset classes over the past eight years, are out of favor.
How do you know when you’re through the looking glass? A fairly good indication is when the price of gold, which normally moves up in response to monetary easing, instead plummets in reaction to one of the largest rate cuts in Fed
As I contemplate the markets on this early Tuesday morning, it all seems so surreal.
The bail out of Bear Sterns has validated all the worst fears and forecasts expressed in these newsletters over the past few years.