Jay Taylor

Jay Taylor Articles

Absent Wall Street & Political Spin, We saw No Promising Signs
Following is a quick commentary of major markets based on some very simple observations of their charts as at the end of this past week. Bullish Markets
AGAIN, DON'T LET THE BEAR MARKET RALLY SUCKER YOU IN! The stock market registered more gains this past week, but we remain convinced this will prove to be nothing more than a protracted bear market rally. Above all else our bearish views...
To Project the future, Look in the Rear View Mirror The GAAP P/E ratio at the end of this past week was a still very high 35.50 times. That figures out to an earnings yield of 2.87% which compares to a 10-year Treasury yield of 4.26%....
TIME TO GET READY FOR REAL CRASH! Trillions of dollars have been lost so far on Wall Street, but in my view, the biggest losses are still to come. I say that for at least two reasons.
Bearish Charts - All Below Their 200-day Moving Average! Again this week, I checked the major indices and 152 blue chip stock charts. All major indices, save for gold, commodities and government bonds were bearish. These markets remain in...
THE ECONOMY & MARKETS Peering Into a Bottomless Pit
We hear stories from our government and establishment in general that everything is OK in the economy. But does anyone really believe government numbers anymore? Does anyone really believe anyone anymore in this age when we have thrown...
Don't Be Fooled by Friday's Market Action The equity markets enjoyed a huge short covering rally on Friday (07/05/02), but don't be fooled by that. We remain in a huge bear market that has, at least in terms of the Dow barely yet begun....
We entered 2002 with the view that the U.S. stock market was extremely overpriced, that the dollar was also very much overvalued and that gold was extremely undervalued in relation to the huge amount of paper money that has been created...

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Gold is still being mined and refined at the rate of almost 2,600 tonnes per year.