The Friday Market Minute Global stocks continue to rise, pulling Asia to a five week high, as a dovish Fed and U.S. China trade talk progress keeps bulls in charge.Fed Chair Powell repeats need for "patience" as dovish tilts adds nearly 6% in added value to U.S. stocks since last week's payroll data.Global oil prices extend gains into an 10th session, the longest winning streak since 2010,...Read More
The financial situation right now is looking like before the Great Depression, says Alasdair MacLeod from GoldMoney.MacLeod first updates us on Brexit. Is the UK going to do a hard Brexit, go for Theresa May's proposal, or something else? He shares the positives and negatives of the possibilities.MacLeod says the US is experiencing an asset price collapse, which looks similar to right before the G...Read More
Ring is a global home security company owned by Amazon. Ring manufactures a range of home security products that incorporate outdoor motion based cameras andContinue...Read More
With the election of Donald Trump, the US right let its id off the leash. Now pretty much everything conservatives have thought but not said is finding its way to Facebook, Twitter, and the evening news.Continue...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up we’ll hear one of the more important interviews we’ve ever done on the broken nature of the precious metals’ futures exchanges, and what might be the driving force that ultimately destroys the confidence in these markets, paving the way to true price discovery. Mining analyst and precious metals ex...Read More
Gold miners’exchange-traded funds are surging with gold powering higher. These mounting gains are naturally fueling growinginterest in the leading gold-stock investment vehicles. Traders looking to deploy capital are wonderingwhich major gold-stock ETF is superior, offering the best balance between upsidepotential, component fundamentals, and risks. GDXJ takes the crown, bes...Read More
The usual suspects discuss an array of financial happenings, while Jim recaps a recent Grant's field trip.1:20 Economists and diversity7:31 McDonalds franchisees; they ain't lovin' it10:51 Buffalo bash16:17 New year, new ideas?James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author ,...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Talking to investor Jim Rogers and his Mandarin-speaking daughter, Happy Rogers, about the pros and cons of living in Singapore/China/USA and what the future holds for these nations. "It is madness what's happening in Washington. China and America should be friends."Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at ag...Read More
Gold miners' exchange-traded funds are surging with gold powering higher. These mounting gains are naturally fueling growing interest in the leading gold-stock investment vehicles. Traders looking to deploy capital are wondering which major gold-stock ETF is superior, offering the best balance between upside potential, component fundamentals, and risks. GDXJ takes the crown, besting its la...Read More
- Gold to outperform stocks again in 2019 as seen in 2018 and last 15 years- 15% to 20% gains for gold and 30% to 40% gains for silver quiet likely- Given scale of under valuation, strong fundamentals including robust demand and anemic supply and high level of risk, both precious metals are likely to surge in 2019 and 2020- Gold and silver likely to reach highs over $1,650 and $28 per ounce -...Read More
I put out a commentary Sunday night bearing this tongue-in-cheek headline: "No Chance This Rally Is the Real Deal, Right?" Of course, merely to pose the question is to suggest that it is at least possible the bull market still breathes. Look, I'm as skeptical as you are, a died-in-the-wool permabear who thinks the Dow will ultimately trade below 10,000. And I see the same ugly, seemingly uns...Read More
Federal Reserve chairman has assured investors that Federal Reserve will be patient raising interest rates going forward. US dollar is weaker across the globe but has not nosedived. Investors are cautious as $1300 and $1600 are yet to be broken. If US government shutdowns into next week too, then it is just a matter of time that gold and silver will break past key resistances of $1300 and $1600....Read More
Gold is currently trading at $1,290 per Oz, representing a 0.33 percent gain on the week. The safe haven metal has rallied 5 percent in the last four weeks, courtesy of the dovish Fed expectations and the sell-off in the US dollar - gold's biggest nemesis. Notably, the yellow metal has recovered 61.8 percent of the April-August drop. That is widely considered a sign of bullish reversal. Add to...Read More
Getting in on this IPO could be the easiest way to turn a little bit of money into a lot of money very quickly.It's hard to imagine an IPO doing better than Tilray - the small pot stock that soared nearly 1,000% just weeks after going public.But one analyst may have uncovered a tiny IPO stock that's even better.In fact, the first thing this analyst strongly recommend is for investors to make the...Read More
The Dow, S&P, and Nasdaq all scored weekly wins, thoughThe Dow spent the entire session trading in negative territory as the partial government shutdown dragged out to a 21st day -- matching the longest U.S. government shutdown on record from late 1995-early 1996. Traders also eyed an in-line drop in consumer prices last month and looked ahead to the start of fourth-quarter earnings season, which...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
As we approach the end of the week, gold is trading slightly off its best levels thanks in part to a rebound for the US dollar and the recent recovery in stock prices reducing the appeal of the safe-haven commodity. The metal is still up for the fourth consecutive month, so its struggle to go further higher this week should come as no surprise. Clearly some profit-taking should be expected. It is...Read More
The potential development of an El Ni??o in 2019 poses a risk of costs rising among miners relying on hydroelectric power generation in key Latin American markets, according to new Fitch Solutions industry analysis report released this week.Most state meteorological departments are warning of risks of the El Ni??o event in 2019, and on Thursday, the U.S government weather forecaster raised the p...Read More
Tyson just ran into a technical alarm at its 80-day The shares of Tyson Foods, Inc. (NYSE:TSN) were last seen trading 0.6% higher at $57.89 -- up about 16.5% from their Dec. 20 nearly three-year low of $49.77. However, some stiff resistance could cap the poultry name's gains, as a historically bearish technical alarm just sounded for TSN shares. Specifically, TSN stock has been in a downtrend sin...Read More