We have expected a decline to occur of minimally 25% to be followed by rallies back up for three years. Half of all stocks have already been corrected 20% or more which classifies them as being in bear markets. Yet, the large cap S&P 500 has not been down much over about 12%…….Let’s also add that the “buybacks” occur in the large cap stocks giving support to their prices-that is $1.3 trillion in buying. That is $1,300,000,000,000 ! As well, Central banks buying shares has supported the market as well. However, it has created a situation where too many large cap shares were purchased at price levels that are selling far above reasonable valuations. Payback will come as it always does.

This article is from www.Canadianmineanalysis.com                                                Our focus going back to our prior research site the “ Canaminvestor.com”  in analyzing any mining company has been “assets that are in the ground” with the potential for further discoveries. Make no mistake about it, successful exploration always remains difficult and challenging. We have rather rigorous requirements but we have had some superb successes with our recommendations in the past.   

We have warned of decline…26% or so, will it be an Opportunity? For the last two years the S&P 500  stock market should have faced declines of at least 20% to be followed by rallies up again. That would have prevented the exceptional overvaluation that the market has been carrying today; it will soon be paid for Let’s just review some of the gauges that have a history of accuracy. Investors and above all major brokerage houses have little use and and  dislike for cyclical anacontempt for “technical analysis” and dislike cyclical analysis. Why? It often tells people that the stock market is overvalued headed down or worse yet that their own stocks are overvalued and heading for large declines. The major brokerage houses do not want technical analysis because it advises at times that stocks are overvalued and better buying opportunities will happen later! It limits business and commissions. Brokerages fight bearish news despite the fact that it is often quite accurate-it interferes with business.