By: Ira EpsteinGold's move yesterday really kicked it up into a new trend? Gold's strange chart:Read More
Why Does Steve Eisman Plan to Short the North?"We're going to make the big banks hurt," Mark Baum, The Big ShortIf you've seen the movie, The Big Short, you know the sort of shenanigans that helped lead to the big financial crisis of 2008. Millions lost their homes, their jobs, their savings in the giant tornado of financial devastation spurred on by the Wall Street scions who hugely profited of...Read More
Estate sales can be gold mines if you're looking to buy classic, high-quality goods for a fair price. I've found everything from furniture and light fixtures to clothing and jewelry at estate sales. The items aren't typically the trendiest, but they're almost always good quality pieces that have stood the test of time and still have lots of life left in them.If you've never been to an estate sale...Read More
May 15, 2019 Guest(s): Gary Wagner As the trade war between the U.S. and China escalates, all eyes are on how the economy will respond, and one expert said that gold will come out as a beneficiary. Gary Wagner, editor of TheGoldForecast.com, said that as the U.S. prepares to enact 25% tariffs on $200 billion worth of Chinese goods, gold could rally in the long-term due to the tariffs' inflation...Read More
With equity markets topping and staggering, the flight to safety appears to be into cryptos, while gold & silver are collared near 5 year lows.. Why?Rob Kirby, proprietary analyst and founder of KirbyAnalytics.com, returns to Reluctant Preppers to give us an earful of his sage perspective on the global elite's power plays, and what most likely comes next!?EUR
"I think part of San Francisco being the real and perceived headquarters for all things tech also comes with a responsibility for its local legislators." Continue...Read More
Laurence Kotlikoff is a professor at Boston University (BU) and professor of economics at BU. He is also a fellow of the American Academy of Arts and Sciences, a research associate of Continue...Read More
"We discussed the regional issues and dangers that the policies of extremist individuals in the U.S. administration are trying to impose on the region, as well as concerns about the Continue...Read More
"I still think there's a real opportunity for somebody who is in the middle but has some charisma, has the ability to relate to both sides but is not a politician. The reality Continue...Read More
What if China isn't half so desperate for a deal as the president believes?Are we in for an extended siege of economic trench warfare?Today we explore possibilities... and their implications.We first direct our gaze to Wall Street.Investors came crouching from their shelters this morning... as if expecting an aftershock to the quake that drove them underground yesterday.With Monday's 617-point bat...Read More
In fiscal year 2018, the courts reported 69,425 felony and Class A misdemeanor cases to the Commission. This represents an increase of 2,552 cases from the Continue...Read More
By: David Chapman "Peace, commerce, and honest friendship with all nations...entangling alliances with none" Thomas Jefferson, U.S. president 1801-1809, 1743-1826 "Every man lives by exchanging." Adam Smith, Scottish economist, moral philosopher, pioneer of political economy, author, known as the ''Father of Economics,'' 1723-1790 "Sooner or later every war of trade becomes a war of blood....Read More
StrengthsThe best performing metal this week was gold, up 0.54 percent. Gold traders ended the week neutral on the price of gold as many are awaiting more details on the trade talks between the U.S. and China, according to the weekly Bloomberg survey. The BullionVault gold index measuring the balan...Read More
My minimum upside target for the S&P 500 is still 3095, about 7.4% above these levels, and I am sticking with it. A corresponding rally in the Dow Industrials would leave them just shy of 28,000. Let me also mention that last week's nasty selloff would have tripped a 'mechanical' buy signal if the S&Ps had fallen just a little farther. The rally targets are purely technical and go directly aga...Read More
Traders will prefer to be long gold than short gold. I was hoping that sense will prevail in Trump and that a trade deal would be done with China on the weekend. Trump tweets suggest that he has refused to budge and will not budge for the rest of the his term which ends in January 2021. It is very difficult to predict the real long term impact of the US-China trade on China and rest of the wor...Read More
Source: Adrian Day for Streetwise Reports 05/07/2019Fund manager Adrian Day reviews a handful of non-resource companies and provides updates on a number of gold companies in his portfolio.Kingsmen Creatives Ltd. (KMEN:SI, 0.555), designer and manufacturer of high-end retail stores and more, is one of those companies whose very business is under threat by the internet. Kingsmen, however, has ar...Read More
A full-scale trade war between the US and China is closer than ever after Beijing hit back with retaliatory tariffs on Monday. The Chinese yuan fell by more than 1%, prompting a selloff in copper, while gold jumped $11 to 1299 and Bitcoin hits $7400. USD fell across the board on reports that some Chinese scholars have mentioned Beijing taking the "nuclear option" -- selling US treasuries...Read More
The S&P and Nasdaq also logged their worst losses in monthsThe Dow took a beating today, following China's retaliatory tariff hikes on $60 billion in U.S. goods. The index fell over 600 points by the end of the day, and marked its worst one-day percentage drop since early January. Tech and trade-sensitive stocks like Boeing (BA) were some of the hardest hit, and an inverted yield curve once again...Read More
Analyst have been hammering down on these stocks China's tariff retaliation has stocks pacing toward their worst day in months. Also in focus this afternoon are Dublin-based Endo International PLC (NASDAQ:ENDP), investment management firm Invesco Ltd. (NYSE:IVZ), and fast food concern Restaurant Brands International Inc (NYSE:QSR). Below, we will dive into what is moving the shares of ENDP, IV...Read More
Call traders could be betting on a 100%+ move from the sharesInsys Therapeutics Inc (NASDAQ:INSY) said after the close on Friday that it may need to file for bankruptcy because of its inability to pay for legal fees surrounding its fentanyl scandal. The stock has lost almost one-third of its value today to trade at $0.92, touching its lowest levels since 2011. Still, some risky speculators may be...Read More