Investing.com - Gold prices rose on Friday in Asia as the U.S. hiked tariffs on $200 billion worth of Chinese goods, deepening conflict with China and cast a shadow over global economic outlook.Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2% to $1,287.25 by 12:53 AM ET (04:53 GMT).The additional tariffs kicked in at 12:01AM Washington...Read More
Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bil...Read More
Jason talks about how 2 Federal Reserve Board of Governors have come out in support of uncapped QE in order to copy Japan and doing yield targeting in the US bond market like Japan.The Fed is dusting off a QE replacement, last used during World War II https://www.marketwatch.com/amp/story...Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. J...Read More
In 2006, former Vice President Joe Biden told a South Carolina rotary club audience that he proudly voted for the Secure Fence Act - authorizing the construction Continue...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up Greg Weldon of Weldon Financial joins me for a sensational interview on how he views the precious metals now and which one he favors over the others. Plus, Greg has some warnings about why a failure to finalize a trade deal with China very soon could be very problematic for the U.S. stock market. So, be sure to stic...Read More
The days of the 40-year career with the same company are gone. The gold watch is gone. And in most cases, the company pension is gone too, or it's been replaced by a self-managed IRA or 401(k) plan. The first thing you need to know about retirement today is it's entirely your responsibility. Here are seven ways retirement has changed in the last 25 years and what you can do about it.1. Inheritance...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 185,801110,39073,060142,078238,437400,939421,887 Change from Prior Reporting Period 8,526-66616,755-5,2102,83720,07118,926 Traders 18070795460261185 Small Speculators LongShortOpen Interest 49,10028,152450,039 -431,10220,028 non reportable positionsChange...Read More
The US stock markets sure feel inflectiony, at a major juncture. After achieving new all-time record highs, sentiment was euphoric heading into this week. But those latest heights could be a massive triple top that formed over 15 months. Then heavy selling erupted in recent days as the US-China trade war suddenly went hostile. The big US stocks' just-reported Q1'19 fundamentals will help...Read More
By Avi GilburtI am hoping that the title to this article will mark the local top to the rally off the December 2018 lows in Bitcoin. (smile) But, that does not change our perspective that it is likely that Bitcoin has resumed its bull market run.As we came into 2019, Ryan Wilday and I have been publishing articles about Bitcoin, with our ideal targets for the initial rally off its December 201...Read More
Mnuchin said trade talks between the U.S. and China were "constructive"It was a wild day of trading, with the Dow down 358 points at its session low, before swinging to a gain by the close. Stocks were initially lower after President Donald Trump's threatened tariff hikes on $200 billion in Chinese goods went into effect, and after a Trump tweet fueled concerns about a lengthy trade dispute. Howev...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
Canada's Lundin Gold (TSX:LUG) on Friday provided an update on its flagship Fruta del Norte project in Ecuador, reporting overall construction was 59% complete."This is a pivotal year for Lundin Gold as we move from construction to production at Fruta del Norte. During this quarter we accomplished two major milestones with the underground development reaching the orebody and introduction of the fi...Read More
Vancouver-based Kore Mining (TSXV: KORE) this week received a $4 million investment by Macquarie Bank to advance permitting of the Imperial gold project in California. Kore owns a 100% interest in the development project in the mining district of Imperial County. The property is about 17km south east of the operating Mesquite Mine recently acquired by Equinox Gold for $158 million. Macq...Read More
BofA-Merrill Lynch, however, forked over a bull note for FordThe Dow has erased all of its earlier losses to trade near breakeven, while investors are also watching Uber's (UBER) public trading debut. Also in focus this afternoon are premium retail investor Cool Holdings Inc (NASDAQ:AWSM), online review forum Yelp Inc (NYSE:YELP), and car manufacturer Ford Motor Company (NYSE:F). Below, we will d...Read More
The brokerage firm thinks Medicare for All fears are overblownCitigroup chimed in on insurance stocks today, tagging the managed care organization (MCO) sector as a "buy" on overblown "Medicare for All" fears. Amid a "favorable" risk/reward backdrop, the brokerage firm upgraded Anthem Inc (NYSE:ANTM) to "buy" from "neutral," sending the security up 0.9% at $268.64.Looking closer at the charts, ANT...Read More
Gogo recently reported upbeat quarterly resultsGogo Inc (NASDAQ:GOGO) has anywhere between 62% to 76% of its float tied up in short interest, depending on what data you use, making it one of the most heavily shorted stocks on the Street. However, the in-flight WiFi provider just delivered strong quarterly results yesterday and raised its free cash flow forecast for the year. In response, William B...Read More
FXI put open interest is at its highest point in at least a year Not only has it been a rough week for U.S. stocks, but the iShares China Large-Cap ETF (NYSEARCA:FXI) has taken a beating as well, as fears of increased tariffs on Chinese goods were realized today. The exchange-traded fund (ETF) is threatening its first five-day losing streak of 2019, and its worst week since February 2018. What's m...Read More
The best part? It's risk-free. In an explosive report a former Lehman Brothers executive reveals one of Wall Street's most closely guarded investing secrets.The secret?A proven system for turning small sums of cash into vast windfalls of profits-without risking a penny in the stock market.Essentially, this system uses the latest advances in computer science and financial technology to give inve...Read More
Gold traders wondering about bullion's 5% decline since its February high may not need to look any further than the calendar. That's because gold appears to follow a six-months-on, six-months-off seasonal pattern. We're right in the middle of the period of seasonal weakness, which likely could last through August. To be sure, this seasonal pattern doesn't always hold up every year. Its existence i...Read More
Gold traders wondering about bullion's 5% decline since its February high may not need to look any further than the calendar. That's because gold appears to follow a six-months-on, six-months-off seasonal pattern. We're right in the middle of the period of seasonal weakness, which likely could last through August. To be sure, this seasonal pattern doesn't always hold up every year. Its existence i...Read More