"All of the companies in the Russell 2000 that used to pay 31% corporate tax rate now pay 21%, so the cash flows are going to increase dramatically, not just this quarter, for the next two years." Kevin O'Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the Mattel Toy Company for a...Read More
- Gold outperforming stocks in 2018 and this century (see chart)- Gold up close to 2% in 2018 while S&P 500 is down 2%- Trump trade wars and Kudlow as Trump chief economic advisor is gold bullish- Given gold's performance, Kudlow's dismissal of gold as "end of the world insurance" is "irrational"- Market volatility could drive gold to $1,500/oz in 2018 - HolmesAuthored by Frank Holmes of US Funds...Read More
By Nicholas LePan, GoldSeek.com The town of Oatman, Arizona sits in the middle of region that has a long history of gold mining, having produced ~2 million ounces of gold over its history. Northern Vertex (TSX-V: NEE) is the latest company that has explored, defined a resource, started operations and will be looking for more at its Moss Mine. Goldseek came down for a very special moment in...Read More
By Jordan Roy-Byrne CMT, MFTA Readers know that I have beaten this drum all too often. Gold's major fundamental driver is declining or negative real rates. There is a strong inverse correlation because Gold is money. That's what JP Morgan said and he's far more qualified to understand than quotable celebrities like Mark Cuban. But I digress. When real rates are increasing or strongly positive (...Read More
As everyone seems glued to their twitter accounts or their news feeds, the market has been both rallying and fading despite all the negative news of these trade wars that are supposedly going to tank our equity market.I mean, it's not like we began this correction well before trade wars began in earnest. Right? In fact, does any of this surprise you in any way, especially since the President certa...Read More
Source: Jack Chan for Streetwise Reports 04/09/2018 Technical analyst Jack Chan updates the gold and silver charts and finds buy signals for both gold and silver. -->Our proprietary cycle indicator is up.Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sector is on a short-term buy signal....Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12April 9, 2018"Too many people spend money they earned...to buy things they don't want...to impress people that they don't like." Will Rogers "Everybody needs money. That's why they call it money." Danny DeVito (as Mickey Bergman - Heist (2001); writer, David Mamet) With all o...Read More
The F.B.I. raided office of President Trump's longtime personal lawyer, Michael D. Cohen, on Monday seizing records related to several topicsContinue...Read More
By Frank HolmesStrengths? The best performing metal this week was gold, up 0.62 percent. Gold posted its third quarterly gain last quarter, for the longest run since 2011, according to Bloomberg. The weekly Bloomberg survey of trader sentiment showed that most gold traders were neutral this week, while last week they were bearish on the yellow metal. The Perth Mint released sales...Read More
President Donald Trump said Monday to expect a major decision on Syria in "the next 24 to 48 hours."Continue...Read More
By Keith WeinerDo you want to lend your hard-earned money to the US government? In exchange for the high, high interest rate of 2.8%? It's a most generous deal, even though the Federal Reserve is committed to dollar devaluation at the rate of 2% per annum. So you are getting 0.8% per year, assuming that the Fed hits its goal. In exchange for lending to a profligate and counterfeit borrower the g...Read More
Chinese leaders are weighing options as trade tensions continue to build, including devaluing the yuan.Continue...Read More
When an entity needs to borrow ever-greater amounts of money to survive, the markets - that is, the people who are being asked to lend the money - eventually rebel. This rebellion takes the form of rising interest rates as lenders demand a higher return to compensate for the extra risk, and falling credit scores as rating agencies are forced by the markets to face reality.Then one of two things...Read More
The next move up for gold might be the real test for the stock market, says one technician.Continue...Read More
By Avi GilburtAs everyone seems glued to their twitter accounts or their news feeds, the market has been both rallying and fading despite all the negative news of these trade wars that are supposedly going to tank our equity market.I mean, its not like we began this correction well before trade wars began in earnest. Right? In fact, does any of this surprise you in any way, especially since the...Read More
Source: Michael J. Ballanger for Streetwise Reports 04/08/2018 Precious metals expert Michael Ballanger discusses Donald Trump's trade war with China and the implications for the gold market. -->When I played pro hockey in Richmond, Virgina, it was during the era of "Slapshot!" and the Broad Street Bullies when gooning (fighting) was fashionable and an integral part of the sport. Stocking y...Read More
- Gold outperforming stocks in 2018 and this century (see chart)- Gold up close to 2% in 2018 while S&P 500 is down 2%- Trump trade wars and Kudlow as Trump chief economic advisor is gold bullish- Given gold's performance, Kudlow's dismissal of gold as "end of the world insurance" is "irrational"- Market volatility could drive gold to $1,500/oz in 2018 - HolmesEditor: Mark O'ByrneAuthored by Fr...Read More