Jason talks about the Powell Fed's announcement this week how rate hikes (for 2019 at least) are over and QT is also over. On this very dovish news, more than 50% of the US yield curve goes inverted.Read More
"You've really seen the limits of monetary and fiscal policy in its ability to extend out a long boom period." - Josh Friedman, Co-Chairman of Canyon Partners (a "deep value," credit-driven hedge fund)Continue...Read More
"The United States and our like-minded partners remain committed to achieving the final, fully verified denuclearization of North Korea and believe that the Continue...Read More
Continue...Theodore Butler is an independent silver analyst who has published unique precious metals commentaries on the internet since 1996. He is the head of Butler Research LLC, where he offers a subscription service of weekly commentaries, including detailed analysis of the Commitment of Traders Report, regulatory developments, supply and demand considerations, and topics of interest to invest...Read More
LONDON, 19 March 2019 - Comment from BullionVault appears today in London's financial freesheet, City AM.Asked about gold prices and this week's looming decision on interest rates from US central bank the Federal Reserve, "Consensus across the markets now sees a perfectly dovish outlook," says BullionVault's Adrian Ash, "with zero chance of a US rate hike in 2019, plus an early end to its quantita...Read More
Following reports that a flood of New Zealand gun owners have been voluntarily surrendering their firearms in the wake of last Friday's ChristchurchContinue...Read More
Yields dropped across the board today as the Fed said it would be patient. A "Dot Plot" shows no hikes expected in 2019. The lead chart shows interest levels today vs those on December 18, the last meeting in which the Fed hiked rates. 22 Inversions! 7-Year with FFR, 1-Month, 3-Month, 1-Year 5-Year with FFR, 1-Month, 3-Month, 1-Year, 2-Year, 3-Year 3-Year with FFR, 1-Month, 3-Mon...Read More
By: IRA EPSTEINFOMC today - Fed dot plot will be a focus. Gold stocks need to be careful here, can turn bearish..Copper options at an all-time record:Read More
By: Stewart Thomson, Graceland Updates 1. The next US central bank announcement is tomorrow, and whatever happens is win-win for gold.2. If the Fed surprises most analysts and hikes rates, the stock market probably crashes, and gold stocks rally strongly. 3. If the Fed does nothing and makes another statement that QT could end this year, the stock market likely rallies a bit and...Read More
If you've been waiting for Mr. Market to spring the Mother of All Bull Traps, check out today's chart. What a beauty this picture will be if Monday's sharp reversal turns out to be the start of The Big One. Granted, odds of getting the timing of so important a peak exactly right will always be against technical swamis. But the chart has enough going for it that permabears could be forgiven for...Read More
Source: Peter Epstein for Streetwise Reports 03/18/2019Michael Mulberry, CEO of American Battery Metals, speaks with Peter Epstein of Epstein Research about his company's flagship vanadium project in Utah.The following interview of CEO Michael Mulberry of American Battery Metals Corp. (ABC:CSE; FDVXF:OTCQB) was conducted by phone and email in the week ended March 15. Although there have been a...Read More
The Fed indicates that no more rate hikes will be coming this year.The announcement comes three months after the central bank said two hikes would be appropriate in 2019.The central bank also says it will complete its balance sheet roll-off program at the end of the September.The Fed also reduced expectations in GDP growth and inflation and a bump higher in the unemployment rate outlook.As expecte...Read More
The central bank expects no more rate hikes in 2019The major market indexes spent the early part of the session in the red, as traders eyed dismal FedEx (FDX) guidance and exercised caution ahead of the highly anticipated Fed statement. However, the Dow, S&P 500, and Nasdaq all turned briefly higher in afternoon trading, after the central bank indicated there will be no additional rate hikes in 20...Read More
Benchmark initiated coverage with a "speculative buy" ratingThe Canada-based car maker Electrameccanica Vehicles Corp (NASDAQ:SOLO) is in the spotlight today, after Benchmark initiated coverage with a $6 price target and a "speculative buy" rating. Benchmark is the first analyst to weigh in on the electric vehicle manufacturer, which just went public in August of last year. At last check, SOLO sto...Read More
Wheaton Precious Metals, (TSE: WPM) one of the largest precious metals streaming companies in the world, announced record gold production and sales in 2018 and declared a $0.09 per share first quarter dividend for 2019 on Wednesday.In the fourth quarter of 2018, Wheaton generated almost $110 million in operating cash flow, bringing total operating cash flow for the year to over $475 million, fo...Read More
Both equities sport attractively priced short-term optionsPharmaceutical concerns Sarepta Therapeutics Inc (NASDAQ:SRPT) and Amarin Corporation (NASDAQ:AMRN) have recently retreated from new highs. However, both stocks are approaching key levels that could signal a bounce. Below, we'll dive into how SRPT and AMRN have been faring on the charts, and see why history indicates now may be a good ti...Read More
Gold prices finished lower on Wednesday, giving back nearly all of their gain from a day earlier, then climbed in electronic trading, finding support as the U.S. dollar weakened in the wake of the Federal Reserve's latest policy statement. The central bank left interest rates unchanged as expected and signaled no more interest-rate increases this year. See Live blog and video of Fed decision an...Read More
CYTK has roughly doubled in the past two weeksThe Dow is pulling back today as investors digest Fed Chair Jerome Powell's press conference. Three stocks bucking the broad market trend though are logistics name CryoPort Inc (NASDAQ:CYRX), pharma stock Nevro Corp (NYSE:NVRO) and biotech Cytokinetics, Inc. (NASDAQ:CYTK). Here's a quick look at what's got the shares of CYRX, NVRO, and CYTK moving to...Read More
Chalice Gold Mines has filed an amended 43-101 report on SEDAR for its East Cadillac gold project. The property is 35 km east of Val d'Or, on the prolific Cadillac-Larder Lake fault. The amended report includes non-material changes requested by the Ontario Securities Commission, and the resource estimated made in the original report dated Feb. 12, 2017, has not changed.The resources include 225,34...Read More
Montreal-based Champion Iron has excellent results from its 9,350-metre drill program last fall on its Powderhorn property located in north-central Newfoundland, 40 km southwest of Springdale. The results come from both a copper-rich and a zinc-rich zone.Results from the copper zone include:Hole PH18-16: 0.89% copper, 1.1 g/t gold, 13.9 g/t silver and 0.09% zinc over 3.92 metres. The best intersec...Read More