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Bear's Lair

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.


In one of the most audacious hearings I have seen, Apple CEO Tim Cook, was summoned to Congress last week to explain why his company has not paid any corporate income tax to any national government on more than $74 billion in overs

Although you wouldn't know it from listening to all the bearish commentary out there, silver is actually enjoying a strong young upleg. Its technicals are very bullish, contradicting the prevailing pessimism gripping traders.

The month of May is now on the books. The question is, can anything new be learned from them? Maybe not, but you would have to see them to understand why not.

It is amazing so many investors are oblivious to the fact that the developed world is completely addicted to artificially-produced low interest rates.

I made charts for gold and silver priced in constant 1920 dollars I thought my readers would find interesting.  The plots’ prices are ratios with the nominal dollar price of the metals for the numerators and the indexed increases i

Since the price dive in April, gold fought its way back to $1480 before succumbing to renewed selling as general equity indices rallied and the US Dollar took off.   It has traded back close to, but above, it’s April low before reg

Every day I am asked, “When is the ‘economic collapse’ going to happen?”  I have to tell them, “It already has!”  One has to but open their eyes to see what is happening around the globe, but most don’t.  They are waiting for an ed

The market is undergoing a correction, but it is enough to call it a top? No. More evidence is required before saying that the Fed has thrown in the towel. If it takes more fiat to keep prices inflated, it will be provided.

Timing stock market tops and bottoms is risky business and we all know the more the more risk we take the more potential gain would could also make.

There’s a reason why commercial traders are regression to the mean traders. In this business it is the one thing that you can absolutely bank on. It's like death and taxes, it never fails.

You're not to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who does it or says it.       - Malcolm X

This week economists, investors and politicians were treated to some of the "best" home price data since the frothy days of 2006 when home loans were given out like cotton candy and condo flipping was a national pastime.

Stocks have reached record levels thanks in large part to a coordinated central bank stimulus.  The current financial market-led recovery is unlike previous recoveries in that the economy, unlike the stock market, has been painfull

Lest I be accused of picking on US-centered media outlets, we’re going to spend a bit of time this week dissecting a Eurozone Reuters article which puts on full display the completely absurd rationale of the Keynesia

Anybody halfway attuned to the markets knows that copper has been a 21st-century rock star.  No longer just a boring industrial metal, copper is a flamboyant asset that has made fortunes for investors and speculators.  It’s soared

Stocks have reached record levels thanks in large part to a coordinated central bank stimulus.  The current financial market-led recovery is unlike previous recoveries in that the economy, unlike the stock market, has been painfull

Alan Greenspan gave them the playbook (Credit & Debt Manipulation 101) and now Ben Bernanke and global inflators everywhere have taken the ball and run with it in new, innovative and levered up ways.  Actually it’s a game of

As you heard in the European Union conference last weekend, there is a demand from these governments that there be a sharing of banking information. The U.S.

To an extent that reveals a thorough misunderstanding of the market forces, the financial media has failed to consider the different motivations and beliefs that drive the different types of investors who are active in the gold mar

Remember that there is nothing stable in human affairs; therefore avoid undue elation in prosperity, or undue depression in adversity.

- Socrates

Elliott Waves over the past 12000 years

Investors should have gained confidence from Ben Bernanke’s recent testimony to Congress that the Federal Reserve intends on being accommodative as long as needed.

The imminent train wreck is picking up speed and your life’s savings will soon evaporate overnight if you do nothing!  You won’t like hearing this but least of all will you enjoy living through it!  The Central Ban

On the rare occasions when the US stock market crashes, the crash never begins immediately after the price peak.

Gold appears to be entering the “summer doldrums” season, but there are some black swan issues that could add a lot of volatility to the market.

On behalf of Matterhorn Asset Management / GoldSwitzerland, independent financial journalist Lars Schall interviewed financial markets publisher Tekoa Da Silva about, inter alia, opportunities and risks in the precious metals field

“Man's mind, once stretched by a new idea, never regains its original dimensions.”   - Oliver Wendell Holmes

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Gold is widespread in low concentrations in all igneous rocks.

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