Mark J Lundeen
The current strength in the gold market is remarkable. Let's look at gold's Bear's Eye View (BEV) from its credit crisis low of 23 October 2008. In a BEV chart, each 0% is a new high of the series, all data points not new highs are...
The people who are looking at the gold market as if it's a deflating bubble are ignorant, or more likely ignorant and lazy. To prove my point, I took weekly closing prices for the Dow Jones, NASDAQ and the price of gold, starting from the...
After this week, it's safe to say that the dead-cat bounce in the 2007-11 bear market is over. It ran from the March 2009's -53% bottom, until April 2011, when it climbed back to its BEV -10% line. In June and July, the bulls tried to get...
I did a weekly article on the Dow Jones bear market starting in October 2008, after it declined 40% below its highs. I developed several indicators not seen anywhere else. I stopped covering them as they became boring, doing little since...
Bear Markets serve a necessary purpose in the financial markets: to clean up the mess left by the bulls. What kind of mess is that? When the party is financed with other people's money, Mr Bear's clean-up crew has quite a task before them...
Bill Murphy and Chris Powell are busy with GATA's much anticipated London Conference this week. I hope both have a good time promoting "Planet GATA" in the belly-of-the-beast. Bill said he was going to omit some of his daily Midas...
Traditionally, the long-term trends in the stock market and gold are counter-cyclical to each other. But there are those periods of market history where the Dow Jones and gold rise and fall with each other. Since 2001, when the bull market...
Thursday, the NYSE 52WK High-Low ratio increased to 8.90%. I was thinking that we may have another pseudo-bull run in the stock market in the coming weeks. Then one day later (today, Friday 08 July) the ratio got knocked down to 1.35%....
Everyone's been asking what's wrong with the mining shares? Well, since Doctor Bernanke and Treasury Secretary Geithner no longer return my calls, I can only offer you my opinion. I think the "policy makers" are sitting on the miners via...
From the crash of October 2008 until August 2010, I wrote a weekly report comparing the crash of 1929-32 with our current bear market. I stopped my "Bear Market Race to the Bottom Report" because the Great Depression Bear from start to...
