Two of today's biggest stock moves are coming from NAV and RCIIThe Dow is holding modest gains today despite a huge decline in oil prices. Three of today's biggest stock moves are coming from truck producer Navistar International Corp (NYSE:NAV), retailer Rent-A-Center Inc (NASDAQ:RCII), and storied soccer franchise Manchester United PLC (NYSE:MANU). Let's take a closer look at the shares of NAV,...Read More
LONDON, 23 November 2018 - BullionVault features today in a detailed article from French personal finance magazine Capital looking at the case for investing in gold in 2019."The central banks of the emerging world are buying gold," says the magazine, and this summer Western Europe "saw its first official gold purchases in the 21st century," it goes on, quoting analysis from BullionVault."To invest...Read More
The Chinese ferro-silicon market held in the week ended Friday December 14 but market participants expect it to come under pressure due to slower demand in the near term; meanwhile the European quotation held steady despite no reported trades in the assessed period. China ferro-silicon price holds; market eyes higher stocks, lower prices Europe held in price range in stable conditions ...Read More
Shares of TTWO are up after Buckingham Research weighed inAt last check, shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) were up nearly 2% to trade at $104.22, after Buckingham Research assumedcoverage of the "Red Dead" creator with a "buy" rating. Plus, the analyst issued a $130 price target -- an almost 25% premium to current levels. TTWO shares have pulled back since peaking at $1...Read More
LONDON, 23 November 2018 - Analysis from BullionVault today leads a report from UK newspaper The Daily Express warning of a possible crash in global financial markets."For UK investors and savers, gold's gains since the start of October mirror the 7% drop in the FTSE almost exactly," says the story, quoting BullionVault."This could be a warning that years of stock-market losses lie ahead...[becaus...Read More
LONDON, 16 November 2018 - Trading data from BullionVault features in this morning's UK news headlines from specialist agency Thomson Reuters.Noting how the Pound has "slumped" on the currency market following the resignation of Brexit minister Dominic Raab, "The online gold platform BullionVault reported that trading volumes rose 147% [on Thursday] from the previous week's average."Investor deman...Read More
Tomorrow, the FOMC will publish its monetary policy statements and economic projections. How could they affect the gold market? And what about the recent developments in Europe?FOMC Preview and GoldThe market awaits the monetary policy decision of the FOMC and its fresh economic projections. If the Committee surprises on the dovish (hawkish) side, gold will shine (struggle). Our bet is that &ndash...Read More
The report called the firm "dubious"The shares of AxoGen, Inc (NASDAQ:AXGN) are down 22% to trade at $21.47, fresh off an annual low of $19.21, after Seligman Investments posted a scathing report on Seeking Alpha. The investment firm -- which is short AXGN -- said the nerve repair specialist has a "dubious profile and prospects," and set a $5.07 price target, an 82% discount to last night's close....Read More
LONDON, 11 November 2018 - Leading UAE newspaper The National today quotes BullionVault data and analysis in an article looking at gold - "the ultimate safe haven" - alongside other assets to consider as global stock markets wobble."November's rally [in equities] has capped the rise in gold prices," says the report from Dubai, quoting BullionVault director of research Adrian Ash, "but private inve...Read More
CloseGain/LossGold $1249.30+$3.00Silver$14.64-$0.03XAU70.61+2.05%HUI160.34+2.31%GDM583.74+2.24%JSE Gold1328.43+26.18USD97.06-0.08Euro113.64+0.17Yen89.18+0.64Oil$46.24-$3.6410-Year2.823%-0.035T-Bond144.4375+0.65625Dow23675.64+0.35%Nasdaq6783.91+0.45%S&P2546.16+0.01% The Metals: Gold erased early Asian gains and dipped to $1245.10 at about 2AM EST before it rallied up to $1...Read More
By Dave KranzlerA friend asked me today what I thought Powell should do. I said, "the system is screwed. It ultimately doesn't matter what anyone does. The money printing, credit creation and artificially low interest rates over the last 10 years has fueled the most egregious misallocation of capital in history of the universe.Eventually the Fed/Central Banks will print trillions more - 10x mo...Read More
LONDON, 4 November 2018 - BullionVault is named today as a way to buy gold to defend against the risks of bad Brexit next March by top-selling UK weekend newspaper, the Mail on Sunday.Listed alongside gold-backed ETF trust funds and managed investment trusts buying gold-mining shares, "Physical gold can be bought from an online bullion dealer," says Financial Mail on Sunday columnist Jeff Prestrid...Read More
The central bank is widely expected to hike interest rates on WednesdayThe Federal Open Market Committee (FOMC) kicked off its two-day policy-setting meeting today, with the central bank widely expected to announce another rate hike tomorrow afternoon -- despite protests from President Donald Trump and recently dovish Fed comments. While the S&P 500 Index (SPX) tends to struggle the month after Fe...Read More
LONDON, 2 November 2018 - Comment from BullionVault features today in the latest gold-price update from leading US finance site MarketWatch.Faced with "such uncertainty" around the US mid-term elections and next week's Federal Reserve policy meeting, "gold is taking a pause after its best winning streak since January," the report quotes BullionVault director of research Adrian Ash, pointing to gol...Read More
Perception of gold as an investment is fundamentally flawed. No matter the detail behind the analysis, gold is not an investment. investment…a thing that is worth buying because it may be profitable or useful in the future.Lets suppose you are at the grocery store and you see that butter is on sale for $2.00 per pound. Normally you pay $3.00 per pound or more.Since...Read More
LONDON, 2 November 2018 - BullionVault is named today by iNews as a way UK savers and investors should think about preparing for March 2019's Brexit from the European Union.Website of newspaper the i, which has a daily circulation of over a quarter-million copies, "Like it or not, Brexit is coming," says iNews.Looking at cash and foreign currency, global markets, infrastructure, wine and crypto-cu...Read More
The earlier uptick in the Chinese ammonium paratungstate (APT) price faltered in the week ended Friday December 14, while both European and Chinese ferro-tungsten markets were stable due to the end-of-year trading lull. APT fob price in China moved down due to low overseas buying interest amid falling prices in the domestic market. Chinese tungsten concentrate price unchanged. Ferro-tun...Read More
The SPX fell more than 10% in 50 sessionsThe major stock market indexes are in correction territory -- defined as at least 10% below their record highs -- and the S&P 500 Index (SPX) is no exception. In fact, the broad-market index fell more than 11% in just 50 sessions, marking the first time the index has dropped at least 10% in that short of a span since January 2016. Below is what we might exp...Read More
Newmont Mining (NEM) is a gold stock with plenty of institutional interest. This means due to its huge following it is a good candidate for Gann Angles.Gold and gold stocks are waiting for the FED and other central banks to swing to dovish monetary policy, Powell hinted this in last speech, and next week the FED is expected to hike 0.25% to 2.5%, however the 3 previously planned hikes in 2019 look...Read More
The shares could be poised to break out of recent congestion below $245The shares of medical analytics issue Thermo Fisher Scientific Inc. (NYSE:TMO) have taken a breather since touching a record high of $253.90 in early December. However, the equity could be ready to launch its next leg higher, with TMO shares flashing a historical buy signal.Specifically, Thermo Fisher stock is now within one s...Read More