Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended lower Thursday after U.S. retail sales in December fell the most since September 2009.Cisco Systems Inc. (CSCO) was up 1.9% after reporting fiscal second-quarter profit and revenue that beat analysts' forecasts, hiking its quarterly dividend by 6% and boosting its buyback plan by $15 billion.Coca-Col...Read More
When most people think about banks, they think about money. The reality is that companies like JPMorgan Chase & Co. (JPM) that perform the business of banking every day are just a bunch of people with computers, working in buildings. There's money in the vaults, of course, but that money wouldn't be there if not for the ability of banks to efficiently handle and safeguard cust...Read More
Investors are now pricing in a small chance of a Federal Reserve interest-rate cut by the end of 2019. Thursday's exceptionally weak retail sales report as caused some investors to growContinue...Read More
I've written about and given presentations on Bitcoin for years now. As an IT specialist with strong connections to the financial community, you'd expect me to be one of the many people blindsided by the allure of Bitcoin-based solely on its technological appeal. Imagine a reinventing of money. A completely manipulation free currency made of digital bits with a predictable supply growth curve, som...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC publ...Read More
By: David HaggithWe now know that the Retail Apocalypse took another trip downhill during the all-important holiday season. December reports show retail sales declined more in one month than they have since ... the Great Recession. Notice what a common refrain that comparison has become.Retail Apocalypse snowballs downhillRetail sales dropped 1.2% month-over-month in December, the largest drop s...Read More
The world's two biggest gold miners both announced mega-mergers over the past 5 months or so. These huge deals briefly garnered some interest in the usually-forgotten gold-stock sector, and fleeting praise from Wall Street analysts. But gold-stock mega-mergers are bad news for gold-miner shareholders on all sides. They reveal the serious struggles of major gold miners, and really retard fu...Read More
By: Ira EpsteinGold washes out to the downside, but manages to come back late in the day and close near unchanged. Read More
Chris Watlzek of GoldSeek.com interviews Bob Hoye.Read More
Learn what Jim thinks about our potential negative interest rate future ahead, what he will do if gold and the US dollar decouple with out a major pullback in the medium to short-term.And finally we cover some personal news about Jim's two young daughters who are rising stars in China. Stick around for the clips at the end of the show to see footage of Jim on his motorcycle tour through China in t...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Federal debt climbs all the way up to $22 trillion, while consumer debt reaches record levels of $13.5 trillion. Economist, Harry Dent talks about how soon we could see federal debt nearly double and looks at the state of the consumer market...Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where h...Read More
Want to keep up with what's going on in Washington without the liberal media slant, establishment spin, and politician-ese?Sign up to get Blaze Media's Capitol Hill Brief in your inbox every morning! It's free!Continue...Read More
On Tuesday zinc inventories in London Metal Exchange (LME) warehouses sunk into territory that one metal analyst believes could signal a major price kick for the base metal, used mostly for galvanizing steel to prevent corrosion. The one-year chart below shows LME inventories falling steadily, touching the 108,425-tonne mark as of Feb. 11 - a 52-week low. It’s a long way from the annual high...Read More
The world’s two biggestgold miners both announced mega-mergers over the past 5 months or so. These huge deals briefly garnered someinterest in the usually-forgotten gold-stock sector, and fleeting praise fromWall Street analysts. But gold-stockmega-mergers are bad news for gold-miner shareholders on all sides. They reveal the serious struggles of majorgold miners, and reall...Read More
Have you even wanted to travel in time? You can, at least when reading about the gold market. Many analysts claim that this year is like 2016 for the gold market. We invite you to read our today’s article about the similarities and differences between the precious metals market then and today and find out what do they imply for the gold prices. Finally, the scientists have invented the time...Read More
The majority of gold traders are very bearishon the gold market currently. The sentiment could signal a start of a possiblejump in price for the precious metal. If you are also expecting such a price shift,you might want to consider buying the SPDR Gold Shares ( a fund holding bullionbars). This year, the price of gold dropped due tothe rising dollar. The evaluation of the yellow metal tends to a...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC publ...Read More
The world's two biggest gold miners both announced mega-mergers over the past 5 months or so. These huge deals briefly garnered some interest in the usually-forgotten gold-stock sector, and fleeting praise from Wall Street analysts. But gold-stock mega-mergers are bad news for gold-miner shareholders on all sides. They reveal the serious struggles of major gold miners, and really retard fu...Read More
Full Article: SWOT Analysis: Palladium Prices Have Surged Past GoldBy: Frank HolmesThe 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 w...Read More