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 broad market has been moving higher with great force the past 2 months. I have been expecting a top for the past 2-3 weeks. It looks like the market is starting to come in (sell off).

This has been a volatile week for the market. Equities sold off Wednesday pulling precious metals stocks with it. Crude oil had a small pullback but energy stocks took a beating.

Gold, Silver and Oil breaks out to new multi week highs and shows signs of more strength to come. The charts below show both weekly and daily trading analysis pointing to higher prices for these commodities.

John Exter was an internationally known banker and a gold bug in the true sense of the word. He graduated from Harvard and was present when Keynesian economics first came to the fore.

I have put together some interesting charts using the weekly time frame because they provide a cleaner picture of what to look for in the financial markets over the next 3-6 months.

As most readers know, I have been interested in the silver market from a very early age, and this interest has brought me in touch with many interesting people.

Ellis Martin: I've been noticing something that I have not seen here before, David.

An article on Reuters recently indicated a United Nations panel has decided much of the world would like to move away from the American currency as the world's reserve currency.

So far this week has been very tame as traders are sit on the side lines, waiting to see which way everything will go.

silberinfo: David, 2008 had a great beginning with silver over $21 but it ended poorly. From a fundamental point of view not much has changed. Why the high volatility?

Last week all three resources pulled back after posted gains the week before. This week will be interesting with gold trading at support, silver just above and oil looking like its going to come down and test support as well.

This is the second part of a conversation I was privileged enough to have with the great Mr. Jim Rogers.

I had the pleasure to talk with the famed investor and world traveler Mr. Jim Rogers on February 2nd, 2009 and I have finally gotten to transcribing the conversation.

In the February issue of The Morgan Report, we produced a feature that is of extreme significance to those of us who are serious about making money in the mining sector.

How does silver perform during a deflation? A question many of our readers have asked.

Last week I mentioned that CIBC slammed the silver market and gave my opinion of where their analysis missed the mark.

Gold and silver have had one hell of a run in the recent days. Both looked like they were topping weeks ago but recent bad news hit the wires making investors buy gold like the stock market is about to go under.

This week I’m going to comment on Jon Nadler’s remarks in his February 9 article titled The Silver Medalist. Jon pointed out some interesting quotes about the silver market and some of these I have issue with and some I d

Broad Market Trading Analysis

Bloomberg put out some interesting news regarding the silver market stating that refined silver output in China has peaked and it could stop growing because less will be produced as a result of halting of mine expansions, higher c

Many of us who write about the precious metals field have put out their 2009 forecasts and predictions for the New Year.

Last week gold and silver remained in a trading range moving sideways, while crude oil had a large pullback on very heavy volume.

The Silver Institute just put out a press release which stated, "The silver price, per ounce, in 2008 averaged a strong US$14.98, a nearly 12-percent increase over the 2007 average price of US$13.38; the best average annual price

I received a phone call from Tarek Saab, a former finalist on Donald Trump's television show, The Apprentice.

Junk Silver

The well-traveled and prolific David Morgan has contributed to Northwest Territorial Mint Precious Metals Monthly in the past and has achieved recognition for his insights into the silver market and investing in general.

During my recent trip to Europe we visited four main cities: London, Paris, Zurich, and Munich.

This headline should grab anyone’s attention, especially those interested in the silver market. Before going forward, let me explain that fully 70% of silver is produced as a result of mining other metals, mostly base metals.

Gold Market Update

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