first majestic silver

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.

 

As the rampant criminality in bullion markets becomes more and more apparent (even to outside observers); we get

As they say on Wall Street, “They don’t ring bells at the top” and for sure they usually don’t give you a phone call at the bottom either.  Many heads have rolled trying to call this recent near 2 year downdraft in Gold in terms o

“I see in the near future a crisis approaching. It unnerves me and causes me to tremble for the safety of my country. The money powers preys upon the nation in times of peace and conspires against it in times of adversity.

One of the biggest concerns of savvy investors since the ongoing crisis began in 2008 has been the safety and longevity of the various types of retirement accounts and systems.

What is the message of the market as the week, month, 2nd Qtr, and first half of the year just ended?  The second half of the year is likely to prove more troubling for the Bulls.  We do not make predictions for a future that has

There are striking similarities between these two heavenly creations.
 

The Pattern of Every Market Collapse


The markets continue their dead cat bounce while the economic data worsens.


Selling Low And Buying High: Hedging By The Gold Miners
 

From 2007 the crises have grown - Central Banks can’t fix it alone!

Swiss parliament rejected a bill designed to resolve a dispute over undeclared bank accounts held by U.S. citizens last week.



When Helicopter Ben Bernanke
Said the helicopter would descend

It’s the economy stupid! The US economic recovery is so weak and the global economic backdrop could hardly be worse. The current flirtation with higher interest rates will end in tears very soon.

By reviewing gold’s latest correction on a percentage basis, we can put things into a little bit better perspective. The 2008 correction was 26%; the current correct thus far has been 30%. In short, we’ve been here before though you wouldn...

Gold continues to struggle and so do explorers.  I am seeing encouragement in the trading of some discovery stories but this is a very small subset of the junior sector.  

Banks face another global financial crisis worse than 2007-8 warns the normally conservative Swiss-based Bank of International Settlements as a $10 trillion central bank bond mountain leaves them perilously exposed to higher inter

Photographic demand for silver has fallen 70% from its peak. What could possibly fill that gap...?

To many observers, deflation was a thing of the past in the wake of the QE3.  The Fed’s asset purchases, which drove down bond yields to record lows, were thought to have tamed the global deflationary problem once and for all.  Wh

It's not correct to think of today's currencies as being 'backed' by the international reserve assets held by the central bank or government.

Since the middle of April we have all heard the gold bear cry of ‘it’s over, gold is done with…the bubble has burst.’ But not many of these so-called expert commentators have really looked into the strength of demand in the East.

Legendary businessman Steve Forbes once said, “Everyone is a disciplined, long-term investor until the market goes down.” It’s challenging to have the fortitude to hold on to investments during a one-day carnage event like last Th

My father as a child in England in the 1920 and 30s said his heart would burst with pride at school seeing a map of the world one quarter red with the British Empire.  His feet were wet and cold as his only shoes were worn out.  H

[ed: 'Risk Off' might seem obvious this morning, but NFTRH has been highlighting acute risk in the US stock market since leading indicators – including a sentiment extreme exactly opposite to the contrarian bullish extreme o

Wednesday June 19th, the bond and stock markets had a bad day.  We saw more of the same on Thursday; only worse.  Doctor Bernanke testified before Congress that he was going to begin “tapering” his current Quantitative Easing’s mo

As usual the Federal Reserve media reaction machine has fallen for a poorly executed head fake. It has fallen for this move many times in the past, and for its efforts, it has tackled nothing but air.

In last week’s column I showed charts of how the market has alternated between significant bull and bear markets since the top in 2000, and how Warren Buffett has been right so far in his prediction in November, 1999 that, “Ov

In April the gold price buckled and fell $330, $200 of which took only two days. It was a well-engineered bear raid, initiated by over 400 tonnes of ‘short’ positions on the COMEX futures and options market.

Winston Churchill is famously known for having said, "The further back you look, the further ahead you can see,"  and indeed, historical precedent is one of the few tools we have at our disposal when stud

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It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.

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