The firm inked a multi-year deal with Green Organic DutchmanThe shares of Neptune Wellness Solutions Inc (NASDAQ:NEPT) are surging on the charts yet again, after the Canadian nutrition products specialist announced its partnership with Green Organic Dutchman. According to the deal, the latter company will supply cannabis and hemp biomass to NEPT, which will manufacture the finished products. The...Read More
There's still plenty of negative sentiment around the toy stockWhen we last checked in with toy icon Mattel Inc (NASDAQ:MAT), the stock was reaping the benefits of a Hello Kitty partnership. Today, MAT is up 4.2% to trade at $11.26, after the company rejected MGA Entertainment's latest merger offer.The bull gap from last week took Mattel stock back above its year-to-date breakeven level. Thanks t...Read More
Traders are digesting the CPI reading for MayFutures on the Dow Jones Industrial Average (DJI) are trading below fair value today after the index snapped its win streak on Tuesday. Investors this morning are monitoring the tame consumer price index (CPI) for May, which again pointed to soft underlying inflation -- likely increasing chatter about a potential interest rate cut from the Fed. With li...Read More
The Fed is not expected to raise rates at next week's meetingA Fed meeting is scheduled to wrap up next Wednesday, June 19. The Fed is expected to keep rates steady this time, but there's always a chance at some volatility based on the wording in the committee's statement. At its next meeting at the end of July, the Fed is expected to lower rates for the first time since raising them from near zer...Read More
* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, June 12 (Reuters) - Copper slipped on Wednesdayafter weak data from the economy of top metals consumer China,but other industrial metals prices edged higher on hopes formore stimulus.China reported the worst-ever monthly sales drop in theworld's largest vehicle market, while factory inflation slowedin May as faltering...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average snapped its six-day win streak Tuesday as stocks ended lower after a strong opening. Beyond Meat (BYND) tumbled after analysts at JPMorgan cut their rating on the stock amid concerns for its $10 billion valuation. Beyond Meat is Real Money's Stock of the Day. Apple (AAPL - Get Report) shares rose...Read More
Gold's performance in Venezuelan-Bolivar terms comes as a shock to those who blithely assume that the yellow metal is a good hedge against hyperinflation. This isn't to say gold hasn't put up a valiant effort. It has risen 10,700% in Bolivar-denominated terms since the end of August, according to Bullion Rates. But it still hasn't come close to keeping up. According to Claude Erb, a former commo...Read More
The Tuesday Market Minute Global stocks extend gains on hopes of central bank support, helping U.S. equity futures trade higher into the opening bell.China stocks surge 2.6% as government uses stronger-than-expected May export data to allows provincial leaders to pump fresh stimulus into the flagging economy.European stocks gain as German markets return from Monday holiday and take car stoc...Read More
LONDON, 22 May 2019 - BullionVault director of research Adrian Ash was quoted at length this evening in a discussion about Moscow's growing gold reserves on national TV station Russia 1's primetime current affairs show, 60 Minutes."Heavy gold-buying by governments or central banks is rarely a good sign for world peace and co-operation," the show quoted Adrian.If Russia's buying continues at its cu...Read More
Gold investors should love presidential hopeful Elizabeth Warren. Her plan to lower the value of the dollar will likely cause inflation, capital flight, and a currency war -- any of which have the potential to boost gold prices. And if all happen together, then bullion will do even better. If Warren eventually gets elected to the White House and then enacts that policy, investors shoul...Read More
Bob Moriarty ArchivesJun 12, 2019It’s no secret that copper is both in severe shortage with increasing demand at the same time production is declining. A new Canadian based junior exploration company has an interesting direction they are moving in. Rockridge Resources (ROCK-V) wants to use modern advanced technology to test old mining camps in safe jurisdictions.Their latest drill results fr...Read More
Dave KranzlerIn April credit card debt was once again the largest contributor to the new all-time high in consumer debt, increasing by $7 billion vs. a decline of $2 billion in March. Student loan and auto debt hit all-time highs of $1.6 trillion and $1.16 trillion, respectively. I found the credit card debt numbers interesting because a report released by Experian showed that 23% of Americans n...Read More
Stefan GleasonThe 2020 presidential election is already shaping up to be one of the most bitterly contested in history. The outcome could have enormous ramifications for all asset markets, including precious metals.In the meantime, a lot can happen before November 2020 - especially with the Federal Reserve apparently set to turn dovish and cut interest rates this summer.Some historical research...Read More
By: Stewart Thomson, Graceland Updates 1. A lot of Americans getting a myriad of government entitlements thought that President Trump would recreate the 1950s for them. 2. If Trump had eliminated the PIT (personal income tax), capital gains tax, and corporate income tax, I've estimated that around $100 trillion in capital would have surged into America.3. That w...Read More
Although there are a dozen good reasons why the bull market should flame out, like, tomorrow, there's nothing in the long-term charts to suggest this is likely. A friend and fellow permabear sent me an Elliott Wave theorist's prediction that the sensational run-up begun more than ten years ago could continue for another three or four years. This is based on a five-wave Elliott pattern that is cu...Read More
I am getting bullish on euro and pound. I also expect more losses for the US dollar index and gains for Asian currencies against the US dollar. A currency war can be unleashed by Trump anytime. Trump believes that nations will use currency depreciation to offset higher tariffs. The Federal Reserve will take direct and indirect measures to ensure the competitiveness of the US dollar. This implies...Read More
Imagine your grandfather, assuming he's still alive, deciding he deserved to be president. He's getting ready to throw his hat in the ring and really make a run for it. Your family would probably stage an intervention and try to talk some sense to him. Unfortunately, Joe Biden doesn't have anyone around him willing to do the same. Therefore, he's left blabbering and stuttering and misspeaking non-...Read More
*This video was first released on April 19, 2019Mohamed El-Erian, chief economic advisor at Allianz, talks with Larry McDonald, author of "The Bear Traps Report," about the political problems that face Europe and how the corresponding risks might affect global markets. This video is excerpted from a piece published on Real Vision on April 19, 2019 entitled "The Big Regime Shift."Mohamed El-Erian i...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
15 to 20 years is how long it takes to change the morals and ideologies of a nation...Marxist and Lenin ideologies have penetrated North American schools and this was certainly not by accident according to former KGB agent Yuri Bezmenov. We know this because of a ground breaking interview conducted by G. Edward Griffin, best selling author of "The Creature From Jekyll Isle". In this video Dan Dick...Read More