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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.

 

Whilst most people are vaguely aware that oil is important to the world economy, few understand the true impact of the recent rise in the oil price.

For the last couple weeks, my attention has been given to the amusement and desperation behind propaganda, bluffs, and the utter desperation of the USFederal Reserve in the orchestrated rumors of a new position wherein they would s

Gold Market Update





GLD – on sell signal.

THE PRICING OF OIL: It never ceases to amaze me how little is known and understood by all the talking heads that we see and hear on TV pontificating on the topic de jour: Today’s being the price of oil.

WHAT UP WITH THE MEXICAN PESO ??

One of my subscribers and a friend, Charles Cohen, has allowed me to share with readers an article which he recently wrote on the performance of Warren Buffett and his company Berkshire Hathaway vs Goldcorp.  The results will shock

Quadrillion? That’s a number only astronomers use, right? You know…as in the North Star is “just” a couple of quadrillion miles away.





GLD – on sell signal.

Just a week ago gold and silver were well placed to begin a new uptrend and while they are still are, we have over the past week witnessed severe testing of - and erosion of - support at a critical level that is leading to rapidly

“I sincerely believe ... that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding

Some very confusing factors are at work relating to the USTreasury Bond market and the gold market.

I started writing this piece as the sub-prime crisis was unfolding.



GLD – on sell signal.

As I have pointed out to you in the last few missives, BULLISHNESS dies hard and is typical when a market is in the process of forming a Major Top.

Standard & Poor announced in late May it has cut or might cut debt ratings on $34 billion of securities tied to Alt-A mortgages, whose type issued in 2007 have a default rate to 6.64% for 90 days late as of end April.

I've been writing a lot of articles lately on the supply shortage of silver from various mints and coin dealers, but I wanted to take a step back from focusing on that specific issue, and present an overview of the major fundamenta

The title is a bow to Peter Schiff for his admirable article It’s Not an Oil Crisis: It’s a Dollar Crisis.





GLD – on buy signal.

A couple of years, ago, a poster started coming to the GE Forum late at night.

US Interest rates are on the rise, but there’s a bright light at the end of the tunnel – which is not emanating from an oncoming train.

An important swing in the pendulum is due to manifest itself in the near future. Leverage with gold mining stocks and silver mining stocks depends upon containment of costs.



GLD – on buy signal.

It never ceases to amaze me how pervasive the level of economic ignorance is in this country and perhaps in the rest of the world as well.

The gold and silver prices have broken out on the upside, not to register new highs but rather to emerge from a clear bullish wedge pattern in their daily charts.

The technical condition of silver has continued to improve since the last bullish Silver Market update was posted a week ago.



GLD – buy signal this week.

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Minting of gold in the U.S. stopped in 1933, during the Great Depression.

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