I've shown the TSX in early Dec, suggesting a breakout of the "cup with handle" pattern portends a rally into the 12000 area.
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.
Gold did move higher in response to silver’s late January breakout, but it did not succeed in breaking free of the influence of its long-term uptrend return line and advancing significantly as expected, and
What does the well known constellation we all learned to look for in the night sky have to do with the gold market?
This article attempts to establish the notion that as the gold price rises, the mine production industry will not bring significantly more gold to market.
Inflation, currency depreciation, wars and terrorism, credit bubble, deficits, India, China…….list goes on and on, for those who are looking for reasons, plenty of why this and why that can be found on the w
This week, Alan Greenspan bids a long overdue farewell to the Federal Reserve that he chaired for eighteen years.
Back in the late 1970's, the lineups to buy gold looked more like lineups of people waiting to buy Stanley Cup Hockey tickets at the then Famous Montreal Forum.
Inflation makes it hard to judge the value of everything. Because the measuring unit, the dollar, is always dwindling, how can you know what a price 10 or 20 years ago means?
The gold market lately has left many veteran analysts and gold experts baffled, and made many of them look amateurish, as many have advised their readers to exit the market in anticipation of a sell off.
In the last 90 days, the price of gold increased 25%, from around $440 to $550. In contrast, it took three years from its bear market low in 1999 for gold to sustain a 25% rise.
The article below concludes that the world's financial markets have reached a critically important juncture.
The immediate outlook for gold very much depends on the outcome of the silver "war of attrition", being fought in the $8.80 - $9.30 zone.
Today's move of the US Dollar Index to 87.98 represents a fairly significant technical break down below the longer term Moving Averages on all three charts below (Courtesy DecisionPoint.com).
Let us add another dimension to the perceived value of gold. It is a value applied to an alternative source of energy, higher states of consciousness, space-travel, health and in all likelihood, more.
When gold fell 10% in five sessions in Dec, top pickers were sure that was it, gold was going down to $420.
When it comes to spin, Washington is no match for Wall Street.
"I am pleased to report the inflation monster has been captured and placed in a jar".
There are two important factors indicating that the Precious Metals sector is at a near-term top and that a significant correction is beginning, or will soon.
I regret that (blush, blush) I must admit to an error in my article of 13 January 2006 in which I calculated a long term price objectiv
In his thought provoking article at the end of December, Alex Wallenwein examines in a coffee table setting the question of why the hedged XAU index broke out well before the unhedge
Below is an extract from a commentary originally posted at www.speculative-investor.com on 12th January 2006.
Abstract: the proposed Iranian Oil Bourse will accelerate the fall of the American Empire.
This week, Wall Street strategists cheered as the Dow Jones closed above 11,000 for the first time in four and a half years.