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.

 

Gold’s biggest psychological overhang this year has been the fate of the Fed’s third quantitative-easing campaign. Gold futures traders hang on every word of Fed officials, extrapolating them into a timeline for ending QE3.

For the past few months we have been sounding the alarm both separately and collaboratively regarding the impending (although not necessarily imminent) looting of the Western financial system including bank accounts, public pension fund...

The US economy is doing well, compared to Europe’s worst performing countries. The most recent jobs numbers growth shows lots of part-time workers.  That’s not going to create a thriving economy.


 

It seems that everybody’s hanging on the Fed’s every word.

The world’s economic landscape is changing and after a disastrous decade, America is once again in the driver’s seat.

A confidential internal International Monetary Fund report was recently leaked to the Wall Street Journal, with the contents later being made public by the IMF.

The FOMC released its June 2013 minutes on July 10, 2013.

Many are the signals of breakdown, in the financial system and the Gold market. The day is near for release of gold from under the thumb of the criminal bankers. They can no longer operate in the shadows, recently in full view.

Deflation and inflation pressures have both been pulling at the markets. This explains the volatility we’ve been seeing. But so far, deflation has the upper hand.

If you thought that Ben Bernanke has been brainwashed by secret handlers intent on destroying capitalism in the United States, and this week lit the fuse for the economic bomb he buried deep in the financial markets way back in 2009, yo...

Precious metals and oil (DBO) seem to have reversed higher last week on the military coup in Egypt.

Many analysts predict that banks will be hurt by higher interest rates.  Yet the best leading indicator of banks’ future profits – financial sector stocks – aren’t showing the slightest concern by this prospect.

Sometime between late Wednesday and mid-day Thursday, we should get a read on the market’s true reaction to the minutes from the last Fed gathering. At some point, the market will take a breather for a day or two in the form of a pullback...

The Corporate Media was eager to trumpet the news that “an official source” claims gold imports into India fell from (a revised) 162 tonnes

For various reasons — ranging from political mismanagement, to civil war, to economic sanctions — some countries are unable to maintain a stable domestic currency.

I recently discussed how traders were stampeding out of gold as a result of rising interest rates and the threat of evaporating monetary fluid that was lubricating markets.

During a time of compressing commodity prices, Don Coxe, Chairman of Coxe Advisors LLP, was kind enough to share insight on the state of the market.

US Equities opened higher this morning and are setting up for a sharp pullback based on technical analysis using trends, cycles, momentum, volume, market breadth and key resistance zones.

Mail from a friend:  “I think your taper-to-carry idea has legs, but I’d really appreciate it if you went over the basic theory and how you see the dots connecting, if you decide there’s space and time in this weekend’s edition at least...

When Obama first entered the White House four years ago, CinC was at $881 billion dollars.  Today it is approaching $1,200 billion dollars, an increase of 35%.  This is just for the number of paper dollars and pocket change circulating...

Last week TLT, our bond market surrogate, made a new low, then bounced up to the resistance of the declining tops line drawn from the May top. It turned down on Wednesday, we thought beginning a move to test the recent low, but today TLT...

US T-Bond Breakdown Chart


 



 

Friday’s report that 195,000 new jobs were created in June was much better than the consensus forecast for 155,000, as were the upward revisions of previous reports for April and May.

As a general rule, the most successful man in life is the man who has the best information

It is amazing to me that investors believe there is no inflation or risk of energy price spikes as the Middle East deals with geopolitical turmoil and Civil War. That complacent mindset may be changing rapidly.

Are falling commodity prices warning us of deflation? And is the fall in the gold and silver prices and lumber price a frontrunner for the fall of the SPX?

Stocks managed their third session higher as of Thursday June 27th and its too late to jump onto that move.

I think the manipulation after QE4 has accelerated the bull market. We now have the necessary conditions for the bubble phase in gold to begin.

Traders stampeded out of gold, emerging markets and bonds this month, setting record monthly outflows in June.

The New York Times had the definitive take on the vicious sell off in gold. To summarize one of their articles:

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