One of my favorite Seinfeld episodes is when Kramer storms into Jerry's apartment and starts complaining about another golfer who picked up his ball in the middle of the fairway to clean it.Kramer goes on to say that he penalized his friend a stroke for breaking the rule.Elaine then asks, "What is the big deal?" and Kramer replies, "Hey, a rule is a rule, and without rules there's chaos."The same...Read More
Want to know what you're NOT being told about multiple recent failed US bond auctions, the true state of our economy, the massive global rotation away from the US and the US Dollar, and what all of this means for gold?Outspoken analyst Jim Willie, founder of the Hat Trick Letter and newly revamped website Golden-Jackass.com, visits Reluctant Preppers to issue a blast update on 14 of his prediction...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...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
Sep 16, 2019 Guest(s): David Erfle Kitco News Contributor Capital markets have avoided the junior miners, but it's only a matter of time before this changes, said David Erfle of JuniorMiningJunky.com. "They're waiting for this move [in gold] to be sustained above $1,400. If you see the gold price maintain a floor of $1,400 into the end of the year, that's two solid quarters of the gold price abo...Read More
Despite the DOW now soundly over 27k and the mainstream financial media claiming that today's retail numbers were very good, there's a lot of red flags increasing lately that the real US economy is getting much worse.Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St...Read More
I came up with Financially Transmitted Disease, or FTDTM for short, a couple of years ago. It all happened when I was having dinner with some colleagues discussing quantitative easing (QE) Continue...Read More
After the sharp falls seen at the end of last week, gold and silver consolidated in a narrow range, other Continue...Read More
By: Ira EpsteinGold has resistance around $1,526.10 on Dec. Gold. $1,488 support area. Gold is oversoldRead More
Traders and investors in India are very bullish on gold and silver today. They expect gold and silver to zoom after the European central bank meeting. There will be good demand in futures as well as physical market in India today. Monetary easing by way of interest rate cut and new bond issuances is expected by the ECB today. Outlook by the ECB will be the key. Eurozone economy at the moment is...Read More
The S&P 500 extended its winning streak, as wellThe Dow roared to its seventh straight win today, its longest winning streak since May 2018. The blue-chip index also came within a chip-shot of its July 15 record close in intraday action, as traders cheered President Donald Trump's "gesture of good will" toward China, as well as his tweet that Beijing may "be buying large amounts of [U.S] agricultu...Read More
The weekly 9/13 9-strike put is GE's most active option todayGeneral Electric Company (NYSE:GE) stock jumped to a four-week peak of $9.51 earlier. However, the shares have since swung 0.5% lower on news the company plans to buy back $5 billion of existing debt, and one options trader appears to be bracing for an even stiffer pullback.At last check around 93,000 calls and 74,000 puts have changed h...Read More
SNE's rally could continue in the short termSony Corp (NYSE:SNE) has been hot on the charts, today eyeing its best close since almost a year. The shares were last seen at $60.32, putting their year-to-date gain at roughly 25%, and our internal data suggests SNE could keep pushing higher. Specifically, a study from our Senior Quantitative Analyst Rocky White pegged Sony as a name that could benefit...Read More
The home furniture retailer surged in the days leading up to earningsSubscribers to Schaeffer's Weekend Player options recommendation service just scored a 196% profit on RH Inc (NYSE:RH) November 150 calls.Below, we'll explain why we anticipated a surge in RH shares, and how the winning options trade unfolded. At the time of our recommendation on Sunday, July 21, shares of the home furnishings r...Read More
Baird slashed its TOCA price target to $1 after a late-stage brain cancer study failed Upbeat trade buzz has stocks higher at midday. Three stocks making especially big moves are drugmaker Tocagen Inc (NASDAQ:TOCA), biomaterial name SINTX Technologies Inc (NASDAQ:SINT), and men's apparel retailer Tailored Brands Inc (NYSE:TLRD). Below, we'll take a look at what's driving the shares of TOCA, SIN...Read More
The Dow is higher yet again todayU.S. stocks are off their morning highs, but the major indexes are still trading in positive territory halfway through the day. The Dow Jones Industrial Average (DJI) is eyeing a seventh straight winning session, as traders respond to President Donald Trump's tariff postponement, on top of stimulus plans from Europe. Wall Street's also considering comments from Tre...Read More
The oil stock is trading near a historically bearish trendlineOil prices are headed south today, after Saudi Arabia's new energy minister said the Organization of the Petroleum Exporting Countries (OPEC) would not discuss stiffer cuts to crude production ahead of its December meeting. This is turning up the heat on energy stocks, with the shares of Concho Resources Inc (NYSE:CXO) trading down 3.7%...Read More
CAT is trending toward oversold, tooTrade-sensitive Dow stock Caterpillar Inc. (NYSE:CAT) is up 10% in September, as talks between the U.S. and China take a positive turn. Today though, Wells Fargo dumped cold water on CAT's rally with a downgrade, sending the shares 1% lower, to trade at $131.89. And if that's not enough, the machinery stock is fresh off an encounter with a historically beari...Read More
Options traders are using premium-selling strategies to bet on the stocksCaterpillar Inc. (NYSE:CAT) and Deere & Company (NYSE:DE) were both downgraded to "market perform" from "outperform" at Wells Fargo, which said it believes "U.S. construction equipment demand is at or near peak," and that slow-to-flat growth in other divisions of the companies "will put downward pressure on earnings power." T...Read More
OLED has pulled back sharply after hitting a record high last weekUniversal Display Corporation (NASDAQ:OLED) touched an all-time high of $230.32 just last week, but the shares have already pulled back significantly since this peak. OLED stock suffered two huge daily slides in the sessions after the milestone, and today it's off another 7.7% at $178.26. This price action is a result of Susquehanna...Read More