Examine all the evidence-not only what business television and the media report.  

There are several indicators that have in the past been accurate in warning of the severity of a looming bear markets. But more importantly when these indicators were at the same levels that are at today, brutal bear markets did follow.

Ask yourself how many times this information has been mentioned on business television. The answer is “very very rarely.” It is always after the fact that they are discussed and probed.

Why? Putting this informative and valid information out interferes with the volume of brokerage business! Advertisers, the publicly traded companies and funds do not want the investing public made aware of insiders “taking money off the table.” Brokerages do not need a decline in business volume.

Last week’s selling by the officers and directors of THEIR OWN PERSONALLY HELD SHARES WAS ONE OF THE THREE HIGHEST WEEKLY AMOUNTS IN DOLLAR VALUE IN HISTORY.  They sold $611,182,948 worth of their own companies’ shares. Comparatively they bought a total of $38,996,025,  1/16^th of the selling rate.

Moreover, the value of all publicly traded American stocks is currently carrying a value of between 120% and 140% of United States Gross Domestic Product. (There is some double reporting and it is not quite clear). These are levels that have always been followed by bear markets.

We are never advising investors to be out of the market; there are always numerous stocks that are significantly undervalued and we are regular bottom fishers. Our advice is to take some profits out of the market whenever possible and invest in what is undervalued.

  Again keep this in mind…Bull markets do not end due to overvaluation. They generally end with interest rates rising or a recession. Note well that dangerous market tops are usually accompanied by overvaluation and euphoria. The artificially engineered low central bank rates, over $3 Trillion $3,000,000,000,000 in corporate “buybacks” and $1.4 trillion in Central Banks buying stocks have prevented the stock market from normal corrections or bear markets.

                                                                     Where does his lead to ?

As readers know, our primary focus is Gold and the mining stocks. We have said before that we need a bear market in the industrial stock market in order to have a bull market in gold and mining stocks. We may be almost there now.