Mark J Lundeen

Mark J Lundeen Articles

After two weeks of trying, the Dow Jones now finds itself above its high of last April, and recorded it first BEV Zero in the Bear's Eye View chart below since 29 April 2011.
Ever since the creation of the Federal Reserve in 1913, prices somewhere in the economy are either inflating or deflating. There are two major areas for inflation to flow into:
Markets are not nature's creation, whose movements and events are definable with mathematical precision. Markets are human creations, subject to the emotional swings of the buyers and sellers. This is true from market bottom to market top...
The Dow's 8-count is simply the number of days the Dow Jones moved 2%, or more from the previous day's closing price in a running eight day sample. Whether the Dow Jones moves up or down 2% makes no difference. The 8-count is an indicator...
I'm having difficulty dealing with current market sentiment for gold and silver. The idiot-box keeps pounding into my head that gold and silver are sensitive to downturns in the global economy, and precious metals are not a safe harbor...
I said I wasn't going to write any more articles until mid-January, but Dennis Gartman and the media got my goat one more time with their bearish bias on the gold and silver market. So it seems that once again, it falls to me to refute him...
Everyone but me seemed to be happy about how the stock market ended the week. Well, I'm a bear, and bears are more realistic about things like the approaching end of the world as we now know it. How's that? I don't have data for European...
Last week, the media celebrated the Dow's best October ever! But Monday was Halloween, and the first week of November more trick than treat for investors with the Dow down 248 points by Friday's close. Well, good and bad weeks come and go...
Bad habits are just that; repeating patterns of behavior that ultimately lead to some undesirable outcome. I like my tobacco and whiskey. A cloud of smoke hangs over me whenever I'm charting or writing, though I'm drinking coffee or tea...

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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.

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