FTSV has casually added 500% in two monthsClinical stage immuno-oncology name Forty Seven Inc (NASDAQ:FTSV) has exploded this week, rising from Friday's close of $14.44 to settle at $34.66 yesterday, thanks to a well-received showing at the American Society of Hematology's (ASH) annual meeting (see the company's presentation here). This recent surge is just an acceleration of previously strong pri...Read More
There's a lot of skepticism surrounding BYND sharesThe shares of Beyond Meat Inc (NASDAQ:BYND) are up 1.1% to trade at $75.46 today, after the company announced the launching of Beyond Beef in Canada. This is the faux meat concern's first foray outside of the U.S., and had previously linked with McDonald's (MCD) to test a new plant-based burger in Canada using Beyond Meat patties.As the weathe...Read More
The credit card stock has been on an impressive long-term climb higherCredit and debit card name Mastercard Inc (NYSE:MA) is buzzing this morning, fresh off a bull note from SunTrust Robinson, and news it has begun testing its new digital service that can immediately and securely mark a person's identity in the physical or virtual realm. SunTrust hiked its price target to $340 from $325, marking...Read More
November inflation numbers rose by a larger-than-expected amountWall Street struggled to gain momentum yesterday, and today's price action could be more of the same. Dow Jones Industrial Average (DJI) futures are churning slightly below fair value, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are signaling modestly higher opens. There's caution ahead of this afternoon's policy...Read More
Home Depot's 2020 sales growth forecast fell below analysts' estimates Home Depot Inc (NYSE:HD) has taken quite a tumble off its late-November record high of $239.30, thanks in part to a disappointing earnings report,and it doesn't look much better for the retailer today. In fact, the security is down 2% in pre-market trading, after the firm projected between 3.5% and 4% sales growth for 2020, whi...Read More
So far this December has been similar to what's been seen in recent yearsOver the past 50 years, December has been the best month of the year for the S&P 500 Index (SPX). In the table below, you see all the gains have occurred in the second half of the month. The broad market index averages a slight loss in the first half of December, but the second half averages a gain of more than 1.5% -- with...Read More
Jack ChanPosted Dec 10, 2019Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Gold sector as represented by $HUI is on a short-term buy signal.Short-term signals can last for weeks and are more suitable for traders.Speculation remains high despite the recent pullback.Speculation is at a reasonable level to resu...Read More
Christopher Lewis7 hours ago (Dec 10, 2019 5:34 PM GMT)Gold markets trying to rally a bit during the trading session on Tuesday but could not sustain any meaningful gains. At this point, the market looks very likely to continue to struggle in general, as we have seen a bit of a grind lower over the last several months. This has been a gentle move lower, so that is one thing the buyers can take a b...Read More
James Hyerczyk12 hours ago (Dec 10, 2019 12:40 PM GMT)Gold futures are edging higher on Tuesday, boosted by lower demand for risky assets. Treasury yields are also trading lower which is pushing down the U.S. Dollar, driving up demand for dollar-denominated gold. Worries over the looming U.S. tariffs on Chinese goods that are supposed to kick in on December 15 is one catalyst underpinning gold. Th...Read More
Stewart Thomson, Graceland Updates 1. Can gold take out the 2019 highs and carry the miners on a mighty bull run that will stun all the naysayers? 2. Well, please click here now. Goldman analysts think it will happen!3. Some gold bugs view the big banks as "banksters". I like to differentiate between the bank algo traders that operate on the COMEX and the fundamental ana...Read More
COLORADO SPRINGS, Dec. 11, 2019-- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the expansion of its Mirador Mine with fifteen (15) exploration drill hole results from its 2019 Alta Gracia projects drill program located at its Oaxaca Mining Unit, Mexico. Highlights include 3.72 meters grading 1.44 grams per tonne (g/t) gold and 990 g/t silver, including 1.00 m...Read More
By: Daniel R. Amerman, CFAAs can be seen in the graph above, for the last 12 weeks there has been a stunning visual correlation between the yellow bars of the total weekly funding of deficits by the Federal Reserve, and the green bars of the weekly deficit spending by the United States government.Total deficit spending, the extent to which monies spent by the federal government exceeded taxes co...Read More
Stefan Gleason, Money MetalsGold-linked exchange-traded products are growing in popularity with investors. Assets held by gold ETFs have grown 38% globally in 2019.In October, according to the World Gold Council, gold ETFs attracted $1.9 billion in net inflows to reach a new record high total gold holding of 2,900 tonnes - at least on paper.There is good reason to be skeptical of whether all the...Read More
- Craig Hemke, TF MetalsThough we're still three weeks away from flipping the calendar, let's begin to look forward to 2020 and attempt to decipher whether or not the precious metals can build upon their 2019 gains.For precious metals enthusiasts, this time of year is always difficult. Often, holdings in mining shares get beaten backward due to tax loss selling. Mainstream "analysts" and inves...Read More
By: Ira EpsteinImpeachment in the news. US/Chinese trade deal still unknown. Gold weekly chart has gone flat. Gold needs to hold above $1,450 area..Read More
Everything will depend on trade deal and impeachment news of Trump. UK election result will have only a temporary effect. Traders will start taking positions for early January from next week. Forget your bullish or bearish biases for any investment and be ready to make some good profit. The next four days for the investment world will be similar to playing a T20 cricket match. I was a bit disapp...Read More
Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-...Read More
*This interview was recorded on 10/10/19Rick Rule, president and CEO of Sprott U.S. Holdings Inc., shares how the worldwide explosion of negative yielding debt shapes his bullish outlook on gold. He examines the impact that a "war on savers" has on the global financial system and on precious metals, and he shares his ideas on where inflation fits into the equation. Rule explains his outlook for th...Read More
Jeffrey Gundlach gives his predictions for the Fed's rate decision, the state of the world economy, what he means when he says investors should be playing defense, the 2020 presidential candidates and how he sees the 2020 election playing out, the U.S.-China trade deal and his thoughts on the negotiations so far, predictions for the next recession, and the Fed sending inflation higher and the im...Read More
In this speech, given in Brussels to the Ludwig von Mises Institute Europe on 18 November, Alasdair Macleod, Goldmoney's Head of Research, explains how the expansion of bank credit evolved following the 1844 Bank Charter Act in English law. Alasdair explains why bank credit expansion always leads to a crisis, and why the cycle of boom and bust has been repeated ever since.Special emphasis is given...Read More