“The best thing you can do is know how to have a balanced portfolio.” Ray Dalio, Bridgewater Associates “The Flash Boys story put in jeopardy billions of dollars of Wall Street profits and a way of financial life.” Michael Lewis What’s the line in that popular song. . . . “Are you happy in this modern world?”In an article headlined Robots conquered...Read More
By: IRA EPSTEINGold at 18-DMA. Bearish momentum being lost. Gold price figuring out what to do next:Read More
Boeing has bounced very precisely from the 363.20 midpoint pivot shown, validating the pattern and its very bearish 'D' target at 323.72. This means that if and when the bounce from today's low sputters out and the stock relapses beneath 363.20, it could fall all the way to 323.72, or 14%, in search of traction. The secondary pivot at 343.46 would become our minimum downside objective at that...Read More
By: Stefan Gleason, In a once rare property crime now trending higher around the world, thieves are stealing precious metals from automobiles.These opportunistic criminals don't bother rummaging through glove compartments in the hope of finding stashed jewelry or gold coins. Instead, they go for the near certain score of exposed catalytic converters.A car's catalytic converter is attached to its...Read More
PDAC 2019 EVENT HIGHLIGHTSThe 2019 Prospectors & Developers Association of Canada's (PDAC) Convention proved to continue on its' annual path of success.Attendance during the week was quite strong with a definite buzz of high energy.I once had again had the opportunity to speak at the newsletter writer's presentation organized by Sprott Inc. and Peter Bojtos on the first day of the Convention. This...Read More
Personal debt is the highest it’s ever been in the United States but a large majority of Americans are dealing with it responsibly. According to LendingTree, 95% of borrowers living in 100 of America's largest cities pay their bills on time. Researchers used credit reports from the first quarter of 2018 from more than nine million of its users. They ranked the largest 100 American cities by...Read More
Today I’m going to show you how to get 27% off a basket of blue chip stocks.There is no catch here.You pay only 73 cents on the dollar. Everyone else pays the full buck.It’s a deal that sounds too good to be true... I know.But it isn’t.This Opportunity is a No-Brainer BargainThe basket of blue chip companies that I’m referring to consists of exactly ten stocks.These are the...Read More
Grant's Interest Rate Observer Founder and Editor Jim Grant: one of the clear and present risks in today's markets is the intellectuals, the ignorance that knows not it is ignorant.James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1...Read More
Jason Burack of Wall St for Main St interviewed first time guest, Contrarian investor, entrepreneur and Tocqueville Bullion Reserve (TBR) founder http://www.tocquevillegoldbullion.com/, Simon MikhailovichDuring this 30+ minute interview Jason asks Simon about his experiences growing up, surviving and escaping socialism in the Soviet Union as well as the growing amount of populism in the US with th...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Last Friday I talked about how we have been in a muted Economic Winter Season. We may have had the greatest stock market bubble ever, but our economic "recovery" has been the Continue...Read More
Haveyou heard of Alexandria Ocasio-Cortez?At29 years old, she’s the youngest Congressperson in history.Alsoknown as “AOC,” Cortez is quite a sensation among young left-leaning folks. Nosurprise, she’s often referred to as the Democratic version of Trump. 2.4million fans follow her on Twitter.Likeany socialist, AOC is full of “ideas.” Most of them involve taking...Read More
“The best thing you can do is know how to have a balanced portfolio.” Ray Dalio, Bridgewater Associates “The Flash Boys story put in jeopardy billions of dollars of Wall Street profits and a way of financial life.” Michael Lewis What’s the line in that popular song. . . . “Are you happy in this modern world?”In an article headlined Robots conquered...Read More
By: IRA EPSTEINBrexit excites gold price. In the daily gold chart climbing the wall of worry. $1290.60 support...$1,312.20 resistance:Read More
In a once rare property crime now trending higher around the world, thieves are stealing precious metals from automobiles. These opportunistic criminals don’t bother rummaging through glove compartments in the hope of finding stashed jewelry or gold coins. Instead, they go for the near certain score of exposed catalytic converters. A car’s catalytic converter is attached to its exhaust...Read More
President Trump said the U.S. will ground BA's 737 MAX 8 planesThe Dow was up more than 220 points at its session peak, with Wall Street's risk appetite fueled by some encouraging economic data. The Dow briefly pared the bulk of these gains after President Donald Trump said the U.S. will ground Boeing's (BA) 737 MAX 8 planes. However, the blue-chip index muscled back to a triple-digit gain by the...Read More
The tobacco company's affiliate, Criticality, just opened a new hemp processing plantAurora Cannabis (ACB) isn't the only pot stock making gains today. Pyxus International Inc. (NYSE:PYX) is up 2.6% at $28.69,on news that the tobacco company's hemp processing partner, Criticality, opened a new plant in Wilson, North Carolina. The hemp processed at the facility will be used in "Korent," Criticali...Read More
The World Gold Council has issued quite a few interesting papers recently. In this edition of the Gold News Monitor, we discuss the most provocative ones. Such as the money worthiness of gold compared to Bitcoin. Or the ongoing gold repatriation trend as Romania recently joined the fray. What kind of learnings can the precious metals investors draw here?Cryptocurrencies Are No Substitute for GoldI...Read More
Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from PDAC 2019, released this week finds.Among the reports key findings are that sustainability pressure turns into competitive advantage. After stakeholder p...Read More
The video game stock is higher on high-profile takeover chatterTake-Two Interactive Software, Inc. (NASDAQ:TTWO) stock is trading at the top of the S&P 500 Index (SPX) -- up 5.4% at $94.71 -- as rumors swirl of a potential Sony (SNE) takeover. Options traders are taking note as the shares head toward their best day of the year, with calls running at almost six times the average intraday pace.By th...Read More