Jim Willie Interviews Mark O'Byrne of GoldCore about the coming Gold Standard in this the Asian Century (Part I)- The 'Gold Standard' jigsaw: the global monetary pieces are falling into place as China quietly moves to re-establish some form of Gold Standard- The legs of the Gold Standard stool are here - gold trade notes, gold panda bonds (Italy) and central banks are buying gold as Basle III make...Read More
Former congressman Dr. Ron Paul (R-Texas), chairman of the Institute for Peace and Prosperity, joins Rick Sanchez to discuss the latest US foreign policy blunders and how they affect politics at home. He argues that non-intervention demands more "courage and conviction" than the hawkish and superficial "toughness" celebrated in US politics. Dr. Ron Paul is a physician and former twelve-term congre...Read More
We live in a world where we wake up to news (and a shocking image) of a drowned father and daughter on the banks of the Rio Grande and threats from North Koreans about notContinue...Read More
In a global comparison of 10-year government bonds, three countries have negative-yields and France is on the cusp.Continue...Read More
Two-thirds of US college graduates regret their education, a recent survey has found.Continue...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks fell Tuesday as Federal Reserve Chairman Jerome Powell said he and his colleagues on the central bank were "grappling" over whether to lower interest rates. Allergan (AGN - Get Report) shares surged after the company agreed to a takeover from biopharmaceutical company AbbVie (ABBV - Get Report) . AbbVie is Real Money's Stock...Read More
By: Ira EpsteinGold is taking off, not industrial metals. Gold has a bullish crossover, over the upper Bollinger band:Read More
The S&P 500 and Nasdaq logged their third straight lossThe Dow suffered a triple-digit loss today, as hopes for an interest rate cut next month took a hit in the wake of Fed Chair Jerome Powell's speech this afternoon. Powell described the Fed's approach as "patient," and said it's "important not to overreact in the short term." Fanning the flames of uncertainty were additional comments from St. L...Read More
There's recently been a big focus on gold's price moves. What happens next to the price of gold is more important. There is a potentially binary event ahead. Let us explore the issue with the help of two charts. Please click here for a weekly annotated chart of SPDR Gold Shares GLD, -0.92%GLD, -0.92%an exchange traded fund (ETF). Please click here for a daily annotated chart of the same ETF. Ple...Read More
Gold has exploded for an 11% gain over the past month, giving long-suffering gold bugs a chance for some chest-puffery as prices track toward their highest close in more than six years on the back of unsettling geopolitical developments. Count Robert Kiyosaki, the best-selling author of "Rich Dad, Poor Dad," among those basking in the yellow glow of gold's resurgence. 'Gold is God's money... The...Read More
Lennar said the tariffs imposed on Chinese goods created headwinds for the homebuilderThe Dow has reversed its course today, trading lower after Fed Chair Jerome Powell's speech. Several individual stocks are sinking too, including home construction concern Lennar Corporation (NYSE:LEN), as well as drug stocks Acer Therapeutics (NASDAQ:ACER), and Abbvie Inc (NYSE:ABBV). Here's a look at what's...Read More
The well-timed call spreads were bought last week when AGN was trading near $126Wall Street is buzzing today with news of Abbvie Inc's (NYSE:ABBV) $63 billion buyout bid for Allergan plc (NYSE:AGN). The news has AGN stock at the top of the Big Board, and options traders swarming the Botox maker.At last check, 42,750 calls and 33,000 puts were on the tape -- eight times what's typically seen at thi...Read More
Weekly calls are popular on MCD and SBUX after bull notesThe shares of McDonald's Corp (NYSE:MCD) and Starbucks Corporation (NASDAQ:SBUX) have rallied to record highs this year, and brokerage firm Credit Suisse sees more upside ahead. Some options traders have also taken interest in the stocks recently, so let's take a closer peek at MCD and SBUX shares below. McDonald's was started at an "outperf...Read More
Dreary economic data rolled in ahead of the Fed chair's afternoon speechThe Dow Jones Industrial Average (DJI) is modestly lower midday after a dismal batch of economic reports hit ahead of this afternoon's speech from Fed Chair Jerome Powell. Specifically, an S&P CoreLogic/Case Shiller report showed home prices rose at their slowest pace since August 2012, while separate data showed new home sale...Read More
A bullish signal just sounded on the charts for Zscaler It's been a bang-up year for the cloud-based security concern Zscaler Inc (NASDAQ:ZS), which just hit an all-time high of $82.25 late last week. While the stock has cooled off a little, it's still up nearly 93% year-to-date today, testing a recent level of support at its 20-day moving average. What's more, this pullback has put ZS in line wit...Read More
Nvidia stock has suffered on the charts long termSemiconductor name Nvidia Corporation (NASDAQ:NVDA) has struggled since its early October highs.The shares broke below $145 -- around half their all-time high -- last month, and after a subsequent bounce are running into resistance at the $158 level. This area is home to NVDA's June 20 intraday high and a breakdown of a trendline connecting higher l...Read More
Jefferies really prefers Amazon's cloud business over MicrosoftJefferies has been the only brokerage firm with the equivalent of a "sell" rating on Microsoft Corporation (NASDAQ:MSFT), though that really hasn't worked out for the covering analyst, as the blue chip has jumped almost 36% year-to-date. The brokerage firm this morning released a new note in which it raised its price target to $90 from...Read More
The brokerage firm set a Street-low price target on the stock, tooBrighthouse Financial Inc (NASDAQ:BHF) is down 8.7% at $38.12, after Credit Suisse downgraded the insurance issue to "underperform" from "neutral," and slashed its price target by $13 to a Street low $22. Analyst Andrew Kligerman said BHF stock looks expensive at current levels, and lower interest rates this year could negatively im...Read More
GRUB is fresh off its third straight weekly winThe shares of GrubHub Inc (NYSE:GRUB) are up 6.5% at $76.96 this morning, after a big upgrade from Citigroup. The brokerage firm raised its rating on GRUB to "buy" from "neutral," while goosing its price target up to $91 from $75, territory not seen since November. The analyst in coverage waxed optimistic about growth in the online food delivery mark...Read More