Following gold's sharp retreat over the past week or so, traders are wondering how low it will go. Is this metal in a pullback or a correction?
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.
The Sorcerer's Apprentice is a poem about an old sorcerer who leaves his apprentice in his workshop to carry out the chores.
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.
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 money prin
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.
With the election over and congress divided, it may be difficult for the president to get much done.
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.
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...
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.
Gold and silver at last staged the expected correction necessary to unwind the extremely overbought condition that had persisted for weeks.
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.
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.
As I've stated in countless article before, the Fed is good at nothing but blowing bubbles.
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.
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.