$5000 Gold Prices Could Be In Our Very Near Future

General Electric (GE) Is Less Valuable When It Can't Pay A Dividend

General Electric (GE) closed at $10.10 down 8 cents and it made a new multi-year low. It's the first time it's been below ten dollars in 8 or 9 years. The reason that GE got clobbered by 9 percent yesterday was because they had announced the evening before that they were eliminating their dividend and so obviously GE is a lot less valuable when it can't pay a dividend.

This Rally Is A Correction In A Bear Market

The fact that there is no fear to me shows that it's more likely that this is not the end of the correction but the beginning of the bear market and that this rally is the correction. In bull markets, the market going down is a correction because the trend is still positive, still up - well, in a bear market it's the opposite the rallies are the corrections.