David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Jim and Evan discuss recent happenings, with European credit and banking in focus.1:32 French 30-year sovereigns offer "solid yields."3:40 Deutsche Bank, the big sick puppy9:19 European banks and the so-called capital relief trade10:45 Memorializing Dodgers great Don Newcombe11:51 Amazon.com's puffer jacketJames "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Ra...Read More
Now that we're all free to speak our minds (maybe we should we call this the "post-political-caution world") a lot of previously discredited ideas have re-emerged and areContinue...Read More
Continue...Bill Fleckenstein is the President of Fleckenstein Capital and writes a popular column 'Contrarian Chronicles' for MSN Money as well as the daily Market Rap column for his website: Fleckenstein Capital. Bill has appeared at one time or another in virtually all financial media including Bloomberg, CNBC, The New York Times, MSN, Marketwatch, Barron's and more. Bill is a highly sought afte...Read More
Many Americans on the left are asking themselves this question. And Alexandria Ocasio-Cortez - the Democrat's new rising star - is certainly no exception. Just look at what AOC said in a recent interview.Continue...Read More
It's said that truth mirrors fiction. I'm finding this to be the case more and more these days. Take the 1993 comedy Groundhog Day. Bill Murray wakes up each day to relieve the exact Continue...Read More
As I write this, gold is flirting with breaking through $1,350 and it's getting everyone excited.Continue...Read More
Now that we're all free to speak our minds (maybe we should we call this the "post-political-caution world") a lot of previously discredited ideas have re-emerged and are being tossed into the debate - apparently without much thought to, for instance, their horrendous unintended consequences. One such idea that's, ahem, gaining a lot of currency lately is Modern Monetary Theory (previously known...Read More
The two biggest US stock market rallies (in the 1920s and in 1990) occurred when the budget deficit was disappearing or had disappeared.Today, the opposite is happening.No matter how much money the Fed prints, or what they do with their balance sheet, you can't spend more money than you make.The way you protect yourself from plans to demolish every house and kill all the cows is... gold. I mean, p...Read More
By Avi Gilburt, ElliottWaveTrader.net There is an old Yiddish expression called a bubbe meise (pronounced my-seh). I guess the closest English interpretation of this expression would be a grandmother's tale, or in the common vernacular, an old-wives' tale.Of late, I am seeing a bubbe meise about the importance of central bank buying of gold, and it is making its rounds on websites all over the i...Read More
By: Ira EpsteinGold continues to trend with lower-lows, higher-highs. In a resistance area. The gold market is overbought. Gold stocks - $GDX - also back up into upper resistance and overbought as well. That does not mean in a downtrend...Read More
By: Ross Norman, Sharps PixleyGold's relative strength indicator is at the 73, highest since September 2011 - the month that gold hit an all-time high. This may suggest that gold is technically "overbought" just now, but it is also at a level we saw regularly back in the early 2000's when gold was starting a bull run with a 16% year on year increase, well before the Global Financial Crisis.There...Read More
AAPL, not long ago the one true love of fund managers, has been a conspicuous laggard since the broad averages trampolined off December's lows. It is only in retrospect that we can see how they might have contrived, albeit with only modest success, to ignore the stock's big problem, which is that the company's ridiculously overpriced phones are poorly positioned to compete against increasingly a...Read More
Reports are circulating that the U.S. and China are seemingly nearing a trade agreementA mostly downbeat round of economic data resulted in a risk-off session on Wall Street today, which only compounded concerns about the economy highlighted by yesterday's Fed meeting minutes. On top of a surprise drop in core capital goods orders in December, as well as disappointing numbers from the housing spac...Read More
A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More
Goldspot Discoveries team celebrate at #DisruptminingGiven the massive amounts of data generated by mineral exploration, using artificial intelligence and machine learning to make discoveries seems like a natural fit for the industry.Goldspot Discoveries, which listed today on the TSX Venture Exchange under the symbol SPOT, takes a big step forward in use of artificial intelligence in the explorat...Read More
Maritime Resources Corp. of Toronto says 2019 will be a critical year for the company. It plans to advance its Hammerdown gold project in the hope of making a production decision by year-end.The past-producing Hammerdown gold mine, Orion gold deposit, and Lochinvar base and precious metals deposit make up Maritime's Green Bay property near Springdale. Activities this year will include project engi...Read More
However, call buyers are active ahead of earnings next weekThe shares of Mylan NV (NASDAQ:MYL) are down 1% at $31.26 in afternoon trading. While the stock has surged since its late-December lows, MYL has encroached on a trendline that's had historically bearish implications, suggesting the security could be headed for its next leg lower. What's more, Mylan earnings are just around the corner.MYL...Read More
A major price-target from BTIG is also creating tailwinds for ZSAN stockStocks are headed for a loss as Wall Street weighs a concerning batch of economic data. Among individual names making notable moves are cybersecurity specialist Carbon Black Inc (NASDAQ:CBLK), athletic apparel maker Under Armour Inc (NYSE:UAA), and clinical-stage biopharmaceutical firm Zosano Pharma Corp (NASDAQ:ZSAN). Here's...Read More
Gold prices dropped back from a 10-month high on Thursday, suffering from their largest one-day decline since August. Analysts attributed the steep loss to minutes from the Fed's January meeting released a day earlier, which sounded less dovish than investors had expected, as well as a stronger dollar and rising bond yields. Prices for the metal also sank on the back of technical trading pressure....Read More