Gold Outlook 2019 - World Gold CouncilAs we look ahead, we expect that the interplay between market risk and economic growth in 2019 will drive gold demand. And we explore three key trends that we expect will influence its price performance: ? financial market instability ? monetary policy and the US dollar ? structural economic reforms.Against th...Read More
Jason talks about new comments from Jerome Powell and other Fed members about how the Fed may either be reducing the amount of planned interest rate hikes in 2019 from 3 down to 1 or maybe even zero!Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Hackers broke into the US electric grid with spearphishing techniques targeting contractors with system access.Continue...Read More
We took command of The Daily Reckoning fully aware of the bodily risk, reduced here to words by our co-founder Bill Bonner:In our trade as newsletter publishers, hardly a day passes without a good laugh. Our only occupational hazard is a rupture of the midriff.Each day tosses up a fresh roster of fools, scoundrels, frauds, knaves, rogues, ne'er-do-wells, world improvers, lunatics and pitchmen.Some...Read More
Normally, this would be ironic: The Fed doesn't need to borrow; it creates money when it needs some. So it wouldn't pay interest. But these are not normal times.Continue...Read More
New Gold reports Q4 production numbers.Finally, Rainy River mine performance trends to the upside.New Gold shares rally, but there may be more to come if the company shows investors viable path to success in upcoming guidance and earnings releases.Back in early November 2018, I was looking at New Gold (NGD) shares for potential speculative play. At that time, it looked like shares were on pause un...Read More
John Williams & Chris Waltzek Ph.D. - January 8th, 2019. -- CLICK HERE TO LISTEN NOW (Mp3 file) HighlightsThe founder of Shadowstats.com, a leading online alternative economic-resource offers listener's a financial market overview for 2019.John Williams notes the economic mishaps leading up to the Great Recession of 2008 were mostly ignored.The inordinately large global financial-bubble...Read More
Big moves will be there in metals, energies and the US dollar Index only after the outcome of US-China trade talks are known. Till then, the consolidation phase will be there. Focus of the world in on a Chinese slowdown. Long term metal investors are on the sidelines as they expect slower and lower Chinese demand. If the trade talks succeed and all issues comes to an end once and for all, then a...Read More
The Fed minutes underscored a dovish take toward future rate hikesStocks soared today on lingering trade tailwinds, while a relatively dovish tone in the December Fed meeting minutes only strengthened bulls' resolve into the close. Traders also watched as oil prices surged back above the $50 per barrel mark for the first time since mid-December, while Apple (AAPL) climbed to the top of the Dow, de...Read More
It's easy to prepare your retirement savings for the New Year.It's that time of year again.Yes, the holiday season is filled with shopping and Christmas parties, but we still have to squeeze in a little time for end-of-year portfolio housekeeping. Because let's face it, life isn't exactly going to slow down once we hit the first of the yearIt's particularly important to take a good look at your 40...Read More
ATM maker Diebold Nixdorf is also heading toward its best day in yearsStocks are cruising higher today, enjoying solid gains amid U.S China trade optimism. Among stocks making notable moves today, Kandi Technologies Group Inc (NASDAQ:KNDI) and computer hardware issue Diebold Nixdorf Inc (NYSE:DBD) are higher, while Snapchat parent Snap Inc (NYSE:SNAP) is lower. Below, we'll take a look at the...Read More
Gold settled higher on Wednesday, buoyed by a drop in the dollar as the market weighed comments from Federal Reserve officials for hints on the pace of the central bank's interest-rate hikes this year. Prices for the precious metal then extended their gains following the Comex settlement as minutes from the Federal Open Market Committee's December meeting revealed that some Federal Reserve members...Read More
Gold settled higher on Wednesday, buoyed by a drop in the dollar as the market weighed comments from Federal Reserve officials for hints on the pace of the central bank's interest-rate hikes this year. Prices for the precious metal then extended their gains following the Comex settlement as minutes from the Federal Open Market Committee's December meeting revealed that some Federal Reserve members...Read More
The stock is brushing off headwinds from a major stakeholderThe shares of Canopy Growth Corp (NYSE:CGC) have shot up 12.5% to trade at $33.35, as a bullish brokerage note offsets a sharp sell-off for CGC stakeholder Constellation Brands (STZ). Options traders are reacting, too, targeting more short-term gains for the weed stock.Taking a quick look at that analyst note, Piper Jaffray initiated cove...Read More
Sudbury, Ont.-based Canadian Gold Miner has discovered a new gold zone - dubbed Behold zone - approximately 10 km south of the town of Kirkland Lake. The zone lies on the northwest edge of an 800-metre long induced polarization anomaly that occurs within a favourable structure and alteration corridor traced for more than 1.5 km.Channel sampling at the Behold zone late last year returned assays a...Read More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis.Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intelligen...Read More
CROX shares are set for a fourth straight daily gain Footwear stock Crocs, Inc. (NASDAQ:CROX) is rallying to new highs, with some citing a positive call-out from data firm M Science, though we've been unable to pin down the specifics. Regardless, the shares were last seen up 5.3% at $31.71, and just tapped a seven-year high of $31.88. This would mark a fourth straight gain for the equity, bringing...Read More
The company unveiled new products at the Las Vegas CESThe shares of Western Digital Corp (NASDAQ:WDC) are higher today, after the data storage concern launched a slate of new products at the Consumer Electronics Show (CES). Against this backdrop, WDC options volume is also soaring today. However, WDC stock is now facing off against a formidable trendline, and previous tests of the moving average h...Read More
Surge Exploration (TSX?EUR?V: SUR) announced on Wednesday that its board of directors approved a strategic reorganization of the company's assets that would spin off its interests in the "Hedge Hog" and "Mineral Mountain" exploration projects, both copper/gold projects in British Columbia, Canada.The exploration projects form a newly incorporated subsidiary, CuGold Corp. Surge will continue to hol...Read More