The brokerage firm also boosted its rating on FB stockFacebook, Inc. (NASDAQ:FB) shares are trading modestly higher ahead of the bell, after Daiwa Securities upgraded the FAANG stock to "outperform" from "buy." What's more, the brokerage firm's $250 FB price target represents expected upside of 28% to last night's close at $194.72.Most analysts are already bullish on FB stock, with 29 of 33 in cov...Read More
Transport fund IYT tends to outperform during the month of NovemberAt one point last week, the Dow Jones Transportation Average (DJT) was sitting on an October gain of more than 4%, as the outperformance of the transportation sector had sparked optimism among "Dow Theory" followers. However, a mid-week round of discouraging earnings reports from the sector effectively rained on the transport index...Read More
* GRAPHIC-2019 asset returns: (Adds aluminium technicals, updates prices)By Eric OnstadLONDON, Nov 5 (Reuters) - Copper climbed to a seven-weekhigh on Tuesday as hopes of a U.S.-China trade deal promptedbearish investors to buy back positions.The Dow Jones industrial average hit a new intra-dayrecord high, the Chinese yuan advanced to a three-month peak andoil also rose after people close to the n...Read More
Most major broad-based commodity indices have a relatively small weighting in gold.In the 20-year, 10-year and five-year periods through June 2019, gold outperformed all other commodities, including energy, industrial metals and precious metals.Holdings in gold-backed ETFs hit an all-time high of 2,855 tonnes in September, according to the World Gold Council. In a September report, the World Gold...Read More
Jack ChanPosted Nov 4, 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 on the rise again.Speculation on the rise also in silver. Our ratio has a text book pe...Read More
Bob Moriarty ArchivesNov 5, 2019Nexus made a strategic decision to offset Burkina Faso exploration risks with some solid projects in safer climes in early 2019. It seems to have caused some confusion among shareholders confused by the shift in direction but I think with time passing the wisdom of the move will seem more obvious. The stock is now pretty cheap for a company with nine different proje...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comNov 5, 2019 Gold continues to consolidate with sideways price action after reaching the $1500-$1550 resistance zone. Pleaseclick here now. Double-click to enlarge.Investor patience is required when the price arrives at a major support or resistance zone like $1500-$1550.The good news is th...Read More
In a September report, the World Gold Council (WGC) pointed out that some investors are underexposed to gold. The gist of the study is that investors may assume they have adequate exposure to gold because they're invested in a fund that tracks a broad-based commodity index. The problem with this assumption is that most major commodity indices have a relatively small weighting in gold, and so the...Read More
Keith Weiner, Monetary MetalsNot too long ago, we wrote about the so called Modern Monetary so called Theory (MMT). It is not modern, and it is not a theory. We called it a cargo cult. You'd think that everyone would know that donning fake headphones made of coconut shells, and waving tiki torches will not summon airplanes loaded with cargo. At least the people who believe in this have the excu...Read More
- Stefan GleasonAs investors reset their clocks to accord with the end of Daylight Savings Time, they may also need to reset their expectations for future returns. A strong body of research suggests that artificially changing the time twice a year - forward, then backward an hour - does more harm than good. It leads to sleep disruptions, heightened stress, missed appointments, wasted time (...Read More
By: Ira EpsteinGold support around $1480 area if it were to breakdown. Gold fighting resistance with overbought market, serious resistance..Read More
?EUR? "I've Had This Story for Three Years... (ABC) Would Not Put It on The Air" says Good Morning America Breaking News Anchor, and 20/20 Co-Anchor Amy Robach. "It Was Unbelievable... We Had - Clinton, We Had Everything..."?EUR? Robach: "We Had Her Whole Allegations About Prince Andrew...I Got a Little Concerned About Why I Couldn't Get On."?EUR? Amy Robach Describes How She Interviewed a Woman W...Read More
Bridgewater Associates founder and billionaire investor Ray Dalio sits down with CNBC's Leslie Picker to discuss the state of monetary policy in the U.S., income inequality and more.Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential pe...Read More
Would China and Russia really use the "nuclear option" on the US-in other words, dump Treasuries to punish the US and push their countries higher? Such a move would cause a severe spike in US interest rates, crash our stock market, and easily push the economy into recession. It's an extreme scenario, and many analysts believe it would temporarily hurt their own economies, too. But neither is the r...Read More
*This interview was recorded on 10/29/19The parallels between today's economy of unicorn IPOs and the Roaring Twenties just before the Great Crash are easy to miss for those without a knowledge of history. Grant Williams, the experienced financier and co-founder of Real Vision Group, identifies similar trends of extreme monetary policies and social unrest over inequality. He argues the day of reck...Read More
For Part 1 of this interview, CLICK HEREMax continues his conversation with David Morgan of the Morgan Report about de-dollarization, the importance of clearing global trade through the NY Fed, and whether or not gold miners are finally back in a bull market.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show...Read More
The Fed has no choice, once they started cutting rates, they have to continue to cut rates. No doubt there will be a trade deal with China. They're out there looming and the financial markets like these headlines. It sells and that's all that matters. Record highs on Wall Street. It doesn't matter that there's no long term solution, everyone has to wear a happy face. But eventually, real news will...Read More
I say these things because: Money is free for those who are creditworthy because the investors who are giving it to them are willing to get back less than they give. More specifically Continue...Read More
Slides and Links: https://www.itmtrading.com/blog/low-r...Question 1. Tom K: We know when bond yields go down principal goes up, and vice versa. When FED and ECB cut rates why doesn't the currency get stronger?Question 2. Vinnie R: can you explain what shadow banking is?Question 3. Mike C: What are your views on India, China and Russia developing an alternative money transfer system to the SWIFT s...Read More
Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist fo...Read More