Jason talks about Americans' Confidence About Their Own Finances Reaches Near-Record Highs https://247wallst.com/economy/2019/02...Read More
Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More
Household debt is up 18 consecutive quarters to a new record high. Credit card stress is on the rise in most age groups.Continue...Read More
"A development that is surprising during a strong economy and labor market": New York FedContinue...Read More
Socialist Venezuela's economic collapse and hyperinflationary spiral serves as a Continue...Read More
Alan Newman of http://www.cross-currents.net/ joins the commentary to discuss gold, the ultimate insurance policy. Three Manias In A Generation (2000, 2008, 2019) All End Badly. Current Price Earnings Ratio (30.02) Is Higher Than 1929. Gold Priced In Yen Near All Time High. Go to http://www.cross-currents.net/ to learn more. Thanks for listening to this week's McAlvany Commentary.Read More
Will quantitative easing soon become a permanent fixture of markets?Today we ponder the formerly impossible…But we begin with a conclusion:The Federal Reserve has lost its race with Old Man Time.The opening whistle blew in December 2015... and Janet Yellen came off the blocks with a 0.25% rate hike.If the Federal Reserve could make it across the 3.5% finishing line before recession struck,...Read More
Stephen Roach, former Morgan Stanley Asia chairman, joins CNBC's "Squawk on the Street" to discuss China's slowing economic growth and a potential trade deal between the U.S. and China on trade.Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of...Read More
Continue...Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall S...Read More
StrengthsThe best performing metal this week was palladium, up 3.63 percent as hedge funds boosted the net-long position to the most bullish in five weeks, CFTC data showed for early January. Gold traders and analysts remain bullish on the yellow metal for the 13th straight week, even as gold fell on a stronger dollar and weaker demand from Asia during Lunar New Year, according to the weekly Blo...Read More
The rally that powered stocks to record January gains went flat last week, but for a bullish reason: sustainability. DaBoyz are in no rush to foster the illusion that new record highs are possible. Accordingly, they have adopted a go-slow approach that the news media and investors can literally buy into. Keep in mind that if the Masters of the Universe are very successful in keeping this decepti...Read More
Bernstein is tracking two key measures, both of which are at levels not seen since World War II: global government debt and central bank buying of gold.The firm argues that the current geopolitical environment is heading toward a period in which neither stocks nor bonds will work."We show that from current equity valuations and from similar points in previous cycles gold and equities give more sim...Read More
Gold mining is one of the very oldest human occupations. The earliest known underground gold mine, in what is now the country of Georgia, dates back at least 5,000 years, when people were just starting to develop written language.Over the centuries, a number of innovations have emerged that disrupted and forever changed how we explore and mine for gold and other metals. Think dynamite, or the stea...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
The Dow started the day in positive territoryA slow news day on Wall Street resulted in low trading volumes, as investors take a wait-and-see approach amid trade uncertainty. The Dow and its index peers spent time on both sides of breakeven, with traders looking ahead to another round of trade talks between the U.S. and China in Beijingthis week. Also likely causing hesitation is the potential for...Read More
Bernstein downgraded the semiconductor stock to "market perform"The shares of Nvidia Corporation (NASDAQ:NVDA) are sliding in afternoon trading -- down 1.4% at $146.14, at last check -- after Bernstein cut the semiconductor name to "market perform" from "outperform," and trimmed its price target to $175. The downgrade follows Nvidia's recently slashed fourth-quarter guidance, based partly on lesse...Read More
OSTK is struggling near its 100-day moving averageNear the bottom of the Nasdaq today sits Overstock.com Inc (NASDAQ:OSTK), down 9.6% to trade at $18.39. Although there's no clear catalyst for today's price action, blockchain stocks in general are lower across the board. Whatever the reason, options bears have come of the woodwork today in droves.More specifically, almost 5,700 OSTK put option...Read More
Canaccord Genuity raised its TSLA price target by 36%The U.S. stock market is mixed as oil prices drop. Among individual names making notable moves are streaming issue Roku Inc (NASDAQ: ROKU), electric car concern Tesla Inc (NASDAQ:TSLA), and aircraft components maker Triumph Group Inc(NYSE: TGI). Here's a quick roundup of what's moving the shares of ROKU, TSLA, and TGI.Roku Options Bulls are Stic...Read More
Map of B.C.'s Golden Triangle, showing the Lawyers gold-silver project near the eastern boundary of the region. (Image: Benchmark Metals)Benchmark Metals of Edmonton has the results of drilling at the Dukes Ridge zone at the Lawyers gold-silver project in the Golden Triangle. The holes intersected wide intervals of near 1 g/t gold equivalent and narrower intervals of high grade gold and silver min...Read More
Stocks were mixed on Friday, as investors hesitated following Thursday's decline and a short-term profit-taking action. The S&P 500 index got closer to the 2,700 mark again last week. So is this just a downward correction or some new downtrend?The U.S. stock market indexes were mixed between -0.3% and +0.1% on Friday, as investors hesitated following the Thursday's decline. The S&P 500 ind...Read More