QUESTION: Mr. Armstrong; First I want to thank you for your conference. It was my first time and I was impressed when your daughter asked how many people attended prior sessions. The number of people standing beyond 10 years was impressive. I spoke with one who had been at your 1987 WEC. He said you not only called the crash and the day of the low, but you said gold would rally only $25 and resume...Read More
Bill Murphy, co-founder of the Gold Anti-Trust Action Committee (GATA) and a champion for legal and honest precious metals markets, returns to Finance and Liberty to update us on the fallout from the recent action by the DOJ against JP Morgan's gold trading desk as a "criminal enterprise."Recently back from the 2019 New Orleans Investment Conference, Bill gives us his latest views on:- the real ec...Read More
YouTube's new terms of service state that the company can now delete channels that it deems at its sole discretion are not "commercially viable".Read More
There is a growing homeless crisis in liberal West Coast cities, including San Francisco, Portland, Seattle, and many others. People living on the street are overrunning these cities.Continue...Read More
Jordan Roy-Byrne discusses the importance of gold holding $1,450 over the past couple days even when US markets are at all time highs. He also recaps the CoT reports where the speculators are still net long and have not unwound a significant number of those positions. The final comment on the potential of gold stocks and US markets to move up together is very important.Jordan Roy-Byrne, CMT is a C...Read More
Every year, an estimated 30 million people in the U.S. are victims of fraud. However, only a fraction realize it and report it to the authorities.The Better Business Bureau Scam Tracker shows over 142,000 scams were reported last year in the U.S. - ranging from healthcare and Medicare scams to counterfeit products and online purchases.The victims falling prey to these scams are not just the elderl...Read More
"Universities like Princeton have done a good job at expanding and diversifying their undergraduate populations...If we want to make similar strides on the graduate level, we must Continue...Read More
By: Avi GilburtThe metals market is an extremely emotional one. The highs and lows you see with metals traders are evident at each of the extremes. I think we are now approaching another extreme.Several months ago, back in early June, I notified those willing to listen that gold was preparing to "take off like a rocket-ship." To my members of ElliottWaveTrader.net, I outlined my expectations fo...Read More
By: Ira EpsteinFed's Powell speaking this week. Still a washout in gold, huge outflows from the market. Gold 3-days under Bollinger lower band..Read More
The president blasted the Fed for keeping interest rates too highThe Dow spent most of the day in positive territory, but ran out of steam down the stretch to finish flat. The S&P 500 and Nasdaq were also strong early on, hitting record highs, but pared these gains into the close. Investors monitored an afternoon speech from President Donald Trump, who said China has cheated the U.S. on trade in t...Read More
FDA staffers' review of Amarin's Vascepa is being well-received by Wall StreetThe S&P 500 and Nasdaq are trading at new highs today, as investors digest a speech from President Donald Trump at the Economic Club of New York. Among three stocks making notable moves higher today are IT specialist DXC Technology Co (NYSE:DXC), factory automation equipment maker Rockwell Automation (NYSE:ROK), and bio...Read More
Options volume is high on DIS, ROKU, CBSWalt Disney Co (NYSE:DIS) is trading higher today as its Disney+ streaming service launches, last seen up 1.4% at $138.70, even though the company said stronger-than-expected demand for the service resulted in a number of glitches for users. Either way, options volume has picked up amid the buzz, with calls crossing at three times the pace expected.The most...Read More
The president's address is scheduled for middayThe Dow Jones Industrial Average (DJI) is up modestly at midday, getting a lift from Walt Disney (DIS) stock, which is higher amid the launch of the Disney+ streaming service. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are cautiously higher, too -- tagging new record highs earlier -- as traders look toward today's speech from President Donald...Read More
Low implied volatility is also something to monitor on GRMNGPS specialist Garmin Ltd. (NASDAQ:GRMN) has been on a tear up the charts this year, already tacking on more than 50% year-to-date. Also fresh off a late-October post-earnings bull gap that lead to the stock's nearly 12-year high, the equity is looking unstoppable. Plus, the company's plans to roll out an automatic emergency landing syste...Read More
BMO sees "further upside" for Skyworks Solutions stockWith its fiscal fourth-quarter earnings due out after the close tonight, chipmaker Skyworks Solutions Inc (NASDAQ:SWKS) is getting plenty of attention today. The stock just hit a 16-month high of $102.40 earlier, and is now up 1.2% at $101.62 following a price target hike to $120 from $100 at BMO. The analyst cited sector peer Qorvo's (QRVO) we...Read More
Yageo group said it would buy Kemet in a $1.58 billion deal A buyout proposal from Taiwanese sector peer Yageo Corp has the shares of electronic components maker Kemet Corporation (NYSE:KEM) up 10.8% at $25.60 -- eyeing a fresh yearly high. Specifically, Yageo said it plans on purchasing Kemet for $1.58 billion, or $27.20 per share -- a roughly 18% premium to KEM's Monday close -- in hopes of expa...Read More
This is the second time a trial for the therapy has been placed on clinical hold in 2019The worst stock on the Nasdaq this morning is Solid Biosciences Inc (NASDAQ:SLDB), down 69.2% to trade at $3.39, and earlier hitting a new record low of $3.15. This comes after a trial for the drugmaker's therapy for Duchenne muscular dystrophy was put on clinical hold by the Food and Drug Administration (FDA)...Read More
Deutsche Bank just became the latest firm to raise its view on KR sharesComing into the quarter we highlighted Kroger Co (NYSE:KR) and its 320-day moving average, a trendline that was acting as resistance. After the stock broke out last week thanks to the company's well-received analyst day -- where it released a strong full-year outlook -- this moving average may have switched roles, acting as su...Read More
DIS stock is pointed higher as Netflix rival Disney+ makes its debutStock futures are tentatively higher ahead of President Donald Trump's speech later today at the Economic Club of New York, which Wall Street will undoubtedly be dissecting for any indicator on the status of trade between the U.S. and China. This comes after yesterday's Boeing rally offset Trump's earlier pessimism about China tar...Read More
Big downward corrections over the past few days in gold and silver have driven prices down to just above key support.We view both of these declines as opportunities to establish or add to long positions in anticipation of a volatile election year in 2020.With the world's central banks nearly out of ammunition, expect the next crisis to be far worse.Originally published on Nov. 8, 2019 Big down...Read More