Recently, I have received many requests from both paid subscribers and public readers for more coverage on silver. Reason being, according to the consensus, is that gold at $700 is a gimme, and should reach $1000 by summer.
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.
This past week we saw an expected bounce in the stock market.
I will explain why it does not matter whether the central banks lead us to inflation or deflation, because it is too late to maintain any balance in the business cycle, and defaults are now an unavoidable event in
With today's relatively benign jobs report coming in close to the consensus forecast and with the stock market comfortably above Monday's low, most on Wall Street are breathing a sigh of relief.
Now for something completely different! This is about China's bubble in stocks, similar to the U.S. 1929 bust, and even the 2001 one. Did the bursting of the China bubble have an effect on the rest of the world's stocks?
In a series of public messages, the US Federal Reserve has issued some statements recently which telegraph an increasingly likely official interest rate cut.
It has been an interesting market in the precious metals since 2006 began. We have witnessed gold outperform the large gold stocks, yet the large silver stocks have outperformed silver.
Whilst looking at the gold chart below, (source: http://quotes.ino.com/chart/?s=FOREX_XAUUSDO&v=d12) I was struck by the repeti
For more than the past four years, both gold and financial assets have performed well. From October 18, 2002 through February 28, 2007 gold rose 112% and the S&P 500 Index rose 59%.
After a week of heavy selling, many public readers have asked if this is now a good buying opportunity.
Denial is always the first stage that marks the beginning of a Bear Market: There is no better example than the one that can be seen when observing today's real estate market.
On 21st February an article was posted titled COMMERCIALS ON THE ROPES.
With the recent sharp decline in the stock market, the timing of the official release of my new book "Crash Proof" this Monday could not have been better.
The events of the past week have served to reinforce my view that what we are witnessing is a sea change in the markets.
It doesn't take a great treatise or any "rocket science" to expose the ugly and sordid reality of the true condition of the broad US stock market - all it takes is a few charts and a modest helping of common sense.
Events in the last week have certainly caused a stir. Just what precipitated the broad global selloff. Was it the unwind of the Yen Carry Trade, a week delayed?
Since this gold bull market began six years ago, we have seen our shares of spectacular breakouts, and also a few breakdowns. Some of these breakdowns occur shortly after a breakout, which I label as "fakeouts".
This editorial "series" is intended to take a look at some of the fundamentals that might generate the price movements in this generational Precious Metals Bull Market, along with the charts and the technicals.
It has been a while since I have talked about ratio analysis and because of a few developments of late, I thought that this may be a good time to do so.
Gold has gone and done it - after first breaking out upside from its 3-arc Fan Correction in January, a major positive technical development celebrated in the article Gold powering up for major uptrend - SECTORWIDE BUY ALERT, last
I have made a few assumptions to limit this
With Wednesday's data release that showed that the increase in "core" CPI in January was higher than expected, the price of gold soared by over $20 per ounce to just shy of $680 per ounce, a new nine-month high.
The behaviour of the gold price over the past 48 hours is reflected in the chart below - source http://quotes.ino.com/chart/?s=FOREX_XAUUSDO<
There must be something wrong with free trade, because it's all the rage around D.C. Bush and all the D.C. Gang love free trade.
Numerous international events took place within the last month. The Economic Summit was held in Davos Switzerland.
Some people thought I was mad posting a GOLD and SILVER BREAKOUT ALERT, what with the Commercials being so heavily short gold, and with yesterday's action I began to wo
Back in late 1979, the lineups to buy Gold looked more like lineups of people waiting to buy Stanley Cup Hockey tickets at the then Famous Montreal Forum.