Richard (Rick) Mills, Ahead of the herd In the first quarter of 2019, global debt hit $246.5 trillion. Encouraged by lower interest rates, governments went on a borrowing binge as they ramped up spending, adding $3 trillion to world debt in Q1 alone. It reverses a trend that started in the beginning of 2018, of reducing debt burdens, when global debt reached its highest on record, $248 trillio...Read More
Clint Siegner, Money MetalsThe Wall Street Journal's Jason Zweig famously referred to gold as a "Pet Rock" in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio.The valuable roles played by gold have been well covered here. It's a hedge against both inflation and deflation, it represents true diversifi...Read More
By: Ira EpsteinGold's volatility has been coming out of the market. $1,498.7 would break the bearish pattern: Read More
One of the advantages of 401(k)s and traditional IRAs is tax deferral.Whatever amount you contribute today lowers your taxable income for the year and you don't pay any taxes on that money until you withdraw it.But this perk only lasts so long...When you reach age 70 1/2 , Uncle Sam comes calling for his cut, and how the government takes its share is through something called Required Minimum Dis...Read More
When someone tells me they're considering downsizing, I like to ask a few questions to see how much thought they’ve given the idea.My first question is always how much do you think your house is worth on the market today?The answer is almost always a best guess and usually very generous.The second question I ask is do you know how much a one- or two-bedroom home costs in the neighborhood you...Read More
There's one thing that is always true: Most people are not good investors. They buy the most near a long-term top and they sell the most near the bottoms that follow.Continue...Read More
The Fed and other central banks have done an endlessly mind-boggling job in killing off any notion of risk - and therefore the pricing of risk - in the bond market, which just Continue...Read More
0:05 Introduction0:50 Gold mining sector commentary2:18 Exploration mining stock pick9:30 Royalty mining stock pick18:53 Producer mining stock pick28:00 Info on Mining Stock JournalDave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he...Read More
Oct 25, 2019 Guest(s): Kevin Murphy Lead Analyst, S&P Global Market Intelligence Contrary to popular belief, junior miners are not the companies most sensitive to a gold price rally; rather, it is the producers that will benefit most, this according to Kevin Murphy, lead analyst of S&P Global Market Intelligence. "It's the producers, because they're getting more money for the products they p...Read More
With the odds of a Brexit deal by the October 31 deadline declining, gold bulls may stand to benefit. The price of gold has been in a narrow range over the past session with support at $1479 drawing buyers while the shiny metal continues to struggle to rally above the psychological $1500 level.Gold prices have been held higher by a weaker dollar as of late while at the same time suppressed by posi...Read More
The Wall Street Journal’s Jason Zweig famously referred to gold as a “Pet Rock” in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio.The valuable roles played by gold have been well covered here. It’s a hedge against both inflation and deflation, it represents true diversification fo...Read More
Precious Metals enjoyed a very strong move this past summer. Both Gold and gold stocks broke past multi-year resistance and showed the kind of positive momentum that has been lacking for years. But strong momentum coupled with major technical resistance set in, along with a temporary shift in fundamentals, thus creating a roadblock and a correction. The precious metals complex has corrected...Read More
Kirkland Lake, Ontario - (October 23, 2019) - RJK Explorations Ltd. (“RJK” or the “Company“) (TSXV: RJX.A) is pleased to announce that, further to its press release dated September 6, 2018, the Company has entered into an amending agreement dated September 22, 2019 with the optionor (the "Amendment Agreement") amending the original option agreement between the Company and...Read More
Clint SiegnerThe Wall Street Journal's Jason Zweig famously referred to gold as a "Pet Rock" in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio.The valuable roles played by gold have been well covered here. It's a hedge against both inflation and deflation, it represents true diversification for por...Read More
By: Ira EpsteinGold might be heading back to $1475 support area, the daily chart shows no-man's land..Read More
Earnings disappointments from McDonald's and Travelers knocked the Dow lower With earnings season at full tilt, a mixed day of of blue chip reports wound up sending the Dow lower during that last hour of trading. The index initially inched higher after Procter & Gamble (PG) and United Technologies (UTX) both posted well-received quarterly reports, but eventually succumbed to disappointing results...Read More
MRK is trading down on rival BMY's successStocks are hovering near breakeven today as traders digest a huge round of earnings releases. Two names to watch today are drugmaker Merck & Co, Inc. (NYSE:MRK) and real estate concern Howard Hughes Corp (NYSE:HHC). Here's what's moving the shares of MRK and HHC today. Options Trades Take Sides on MerckMRK has pulled back 3.6% today to trade at $81.47, fol...Read More
Gold prices ended a bit lower Tuesday, finding few decisive catalyst as investors kept an eye on developments surrounding Brexit and U.S.-China trade talks. "Gold and silver appear to be on a fulcrum, as some renewed optimism on trade is offering pressure, but the upcoming Brexit vote(s) in Parliament is adding a level support," analysts at Zaner Metals wrote in a daily report. President Donald T...Read More
Weekly 10/25 options are flying off the shelves todayThe shares of Biogen Inc (NASDAQ:BIIB) have skyrocketed today, after the company surprised investors with plans to submit its Alzheimer's treatment for regulatory approval in the U.S. Biogen discontinued two late-stage trials of aducanumab earlier this year, but said later data showed encouraging results in memory, language, and orientation amon...Read More
Hershey stock has been a strong outperformer on the chartsThe shares of candy king Hershey Co (NYSE:HSY) have been on fire in 2019, up 43% so far this year. After notching an all-time high of $162.20 in early September, the security has taken a breather on the charts, pulling back to support at its 80-day moving average. Against this backdrop -- and considering Wall Street seems late to the prover...Read More