The health company just released its Duobrii plaque psoriasis treatment The Canada-based pharmaceutical concern Bausch Health Companies Inc (NYSE:BHC) just announced this morning the launch of its new plaque psoriasis treatment, Duobrii. Thelotion will be commercially available this week and the firm said it expects the drug to be an important revenue driver, dubbing it part of its "Significant...Read More
It could be another quiet day on Wall StreetStock futures are signaling another tepid trading session, as investors continue to await this week's G-20 summit. The Dow Jones Industrial Average (DJI) closed near breakeven on Monday, and futures on the index are pointing to a quiet start today, as others look forward to an afternoon speech from Fed Chair Jerome Powell. In the meantime, gold prices ke...Read More
The red-hot IPO just broke a long winning streak above its 10-day moving averageWith each day that passes, it seems to grow more difficult to ignore the growing cult of Beyond Meat Inc (NASDAQ:BYND). The vegan burger stock shocked Wall Street when it ballooned from its early May initial public offering (IPO) price of $25 per share to an intraday high north of $200 per share in just under seven wee...Read More
(Updates with closing prices)By Peter HobsonLONDON, June 25 (Reuters) - Copper prices reached aone-month high on Tuesday as a strike at a major mine in Chileunderlined a supply shortfall, although investors were on edgeahead of U.S.-China trade talks later this week.Benchmark copper on the London Metal Exchange (LME)ended up 1.4% at $6,042 a tonne after touching $6,051.50, thehighest since May 21....Read More
Based on the big jump in gold contract open interest and the spike up in EFP/PNT transactions, it's likely the banks have been setting the trap for another massive open interest liquidation price control operation.During periods of aggressive price control, the activity of PNT/EFPs also soars. These transactions avoid settlement in 100 oz Comex bars per basic contract terms. Instead, it's...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended little changed Monday as investors looked to the upcoming G-20 summit for a breakthrough in U.S.-China trade talks. Shares of Caesars Entertainment (CZR - Get Report) soared after Eldorado Resorts (ERI - Get Report) agreed to buy Caesars in a $17.3 billion deal that will create the biggest U.S. gam...Read More
James HyerczykJun 24, 2019 12:27 AM GMTLast week’s price action in gold proved once again it’s not safe-haven buying that drives gold prices, but the direction of U.S. interest rates and the U.S. Dollar. Last week, both were in play when the Federal Reserve strongly suggested a rate cut was coming later this year, and traders vehemently indicated the first rate cut is coming in late...Read More
Bob Moriarty ArchivesJun 25, 2019The nice thing about having been visiting hundreds of projects in almost two decades is that I find myself talking about properties I know quite well but are now under new management.Liberty Gold used to be named Pilot Gold. As a pilot, I thought that was a wonderful name. Their primary projects were in Turkey. No one wants to invest in Turkey until the nut cases t...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJune 25, 2019 To view what may be the most important chart in the history of markets, please click here now. Double-click to enlarge.Gold is breaking out of a massive inverse H&S bull continuation pattern, and that pattern itself may be the head of an even more massive pattern that tar...Read More
Ladies and gentlemen, we have liftoff! After breaking out of a five-year trading range, the price of gold surged above $1,400 an ounce last week for the first time since 2013 on expectations of a U.S. rate cut. The 10-year Treasury yield fell to around 2 percent, its lowest level since November 2016. Meanwhile, the pool of negative-yielding government bonds around the world hit a fresh record hi...Read More
- David H. Smith In March 1980, the University of Washington installed a seismograph system designed to monitor earthquake activity in the Cascades, with a focus on increased seismic activity around Mount St. Helens.Starting just a few days later, a series of earthquakes, small eruptions, and steam releases took place. Near the end of the month, the peak of the mountain started to open up.(Cre...Read More
By: Ira EpsteinGold is taking off, not industrial metals. Gold has a bullish crossover, over the upper Bollinger band:Read More
- Craig HemkeWhile it may seem repetitive to do so, it's time to remind you again of where we are and where we're headed. For your part, you can either continue to whine and complain about the central bank delusions of 2013-2018 or you can climb aboard and have some fun... all while protecting yourself and your family from the monetary madness that is coming over the horizon.Over the past few...Read More
- Hubert MoolmanA while ago, I wrote about a coming confirmation of the multi-year gold bull market. It has taken longer than expected, but that signal has now arrived, and the bull is very much confirmed.Here is a gold chart indicating that very important signalI have marked two fractals (patterns) 1 to 5, to show how they might be similar. I have also marked the point where interest rates pe...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
For Part 1 of this interview, CLICK HEREMax continues his interview with David Morgan of TheMorganReport.com about the precious metals markets, interest rates heading to zero, and what's next for the bond markets. As David Morgan is a former test pilot, Max also asks him about the future for Boeing in the aftermath of the 737 MAX disasters.Max Keiser is an American broadcaster and film-maker. He h...Read More
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, f...Read More
Computer security is no laughing matter. Recently I was at a dentist's office and they were still using computers running Windows XP, a 20 year old operating system with virtually no built-in security. That office's network and computers were a sitting duck. Recently a city in Palm Beach County was hacked and their computers were locked up with Ransomware. They paid $600,000 to free them up. Rober...Read More
The recent Financial Times investigation revealed that Microsoft had collected discreetly a facial recognition database of some 10 million images of some 100,000 people. Continue...Read More
Gold has spent the past couple of weeks steamrolling technical barriers and reviving the spirits of long-suffering gold bugs. But markets don't move in a straight line.Continue...Read More