The WHOLESALE price of gold fell below $1300 for the first time in 6 weeks Wednesday morning in Asia, as traders in all markets awaited today's US Fed announcement on QE tapering.
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.
The Fed's failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree to which mainstream analysts have...
Although the year-over-year rate of growth in US True Money Supply (TMS) is still high by historical standards, the following chart shows that it has just dropped to its lowest level since late-2008.
The WHOLESALE price of gold halved an early 1.5% rally lunchtime Tuesday in London, dropping back to $1315 per ounce as world stock markets fell ahead of tomorrow's long-awaited US Federal Reserve decision.
With Larry Summers out of the picture, the financial markets are facing two key questions: What does Janet Yellen want to do with interest rates? Will the market believe the Fed’s low rate pledge?
Many hypothesized the financial markets were less than thrilled about the possibility of a Fed led by Larry Summers. The reaction in the futures markets Sunday confirmed the theory.
Wall Street is now reflecting upon the fifth anniversary of the Lehman Brothers bankruptcy and the start of the Credit Crisis. In fact, most are celebrating the belief that the complete collapse of the American economy was avoided...
The markets roared higher over the weekend when Larry Summers withdrew his candidacy for Fed Chairman. This makes Dr. Janet Yellen of the San Francisco Fed the current favorite for next Fed Chair.
President Obama has referenced numerous times the need to avoid what he called “artificial bubbles”, which led to our hypothesis the President may be leaning toward Larry Summers to fill Bernanke’s chair. This weekend we received some...
The good news is: The NASDAQ composite (OTC) closed at a multi-year high last Tuesday. The negatives: Most of the Major indices are near their all time highs while the number of issues hitting new highs has been declining for months....
A slackening U.S. economy typically means that a slowdown in industrial demand for silver will soon be forthcoming. Nevertheless, the re-monetization of silver would more than take care of any such slump in demand.
The silver and gold market has been rife with speculation about ongoing price manipulation. Most investors are now familiar with this concept, and even the mainstream has admitted that undue market influence has occurred.
When most people think about the biggest threats to the U.S. economy they usually mention things like the budget deficit, the national debt or the trade gap. What rarely gets mentioned as a potential economy killer is something we all...
The stock market took advantage of the lack of economic reports this week to rally back toward its bull market highs. The previous week’s economic reports, particularly the dismal employment report last Friday, were forgotten as the...
The FED has been buying $85 Billion worth of Treasuries and Housing Debt securities each month since they announced QE3-4. This amount has roughly balanced the huge Budget Deficits coming out of Washington DC.
Approximately one month ago; I wrote a piece entitled U.S. Prepares To Detonate Market Bubbles. The gist of that piece was that after pumping-up several new bubbles in the U.S. economy (and taking the Wall Street fraud-markets to record...
Wars tend to drive markets. If the war goes well (Gulf Wars 1 and 2, Kosovo), the markets tend to rally. If war is unexpected or appears to be going badly, markets tend to fall (start of WW1, Pearl Harbour). The 20th century has been...
Tops never form cleanly. I’ve made the mistake of attempting to call a top on the “dot” in the past. The reality is that anyone who attempts to do so is exercising their ego more than their judgment.
The best investments have positive technicals and positive fundamentals. How long the emerging trend in the China ETF (FXI) lasts will be highly dependent on the ongoing fundamental data coming from China. Reuterssummarized where...
TANSTAAFL is the acronym for “There ain’t no such thing as a free lunch.” The saying has been used for years, even prior to Robert Heinlein’s use of it in “The Moon Is A Harsh Mistress.” It is another way of saying there is always a...
Ingesting the daily pablum from the Corporate Media is inevitably a two-stage process. First one reads the lines. Then one reads between the lines. When dealing with serial liars; it is always when one reads between-the-lines that “the...
In light of today’s positive economic data out of China, I thought I would reproduce a segment from NFTRH 255 (9.8.13) that speculated upon the possibility of a new up cycle in inflation expectations based in large part on China and its...
The just concluded G20 Summit in St Petersburg, Russia sheds light on the seriousness of the concern surrounding the plummeting currencies in three of the BRICS (Brazil, India and South Africa).
In our previous Oil Update we examined major factors, which previously fueled the price of light crude. Before we move on to the technical part of our Oil Update, let’s take a closer look at the events of the previous week.
The point of reading developing market activity, as seen in charts, is to eliminate any need to “predict” what may develop next day, week, or month. There is no more reliable a source of information than the market itself. Everything...
Silver is giving mixed signals depending on time frame. However, speculative Open Interest is rising, which suggests higher prices overall.
We have been observing how, in spite of the Fed's efforts, bond yields have been persistently rising, but now they have become very overbought.
The silver situation continues to grow more positively, based on developing market activity. Almost everyone has an opinion, but they are all subservient to whatever the market dictates with its most current and most reliable...
One of the most often asked questions by those interested in investing in silver pertains to not only how low, but how high silver’s price can go.
Ultimately, the global markets remain the battlefield in which investors compete for the last remaining quality collateral. Furthermore, secondary to Fed taper talk’s effect on the United States, is its impact on markets abroad.
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