Corruption is threatening to upend many countries around the globe. But perhaps we've reached Peak Corruption. There's a new sheriff in British Columbia Canada who's threatening to upset the apple cart. Does government always have the unrestricted right to know where your money came from, how much of it you have and where it's kept? A difficult question, on the one hand we want our institutions to...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
After a long hiatus, fellow transplanted NY'er and now Floridian, Andrew Horowitz joined us. When it comes to markets, Andrew has long believed that following the Fed can reap large rewards. Even though as Andrew has stated, the real economy hasn't really been doing much for over a decade. But stock buybacks, Wall Street alchemy and government interventions have reaped mighty fortunes for some. Bu...Read More
Max Keiser asks Charles Hugh Smith if the body politic can take much more of the wealth inequality that follows this money printing for the wealthy?Continue...Read More
"You and I own this country, and we are responsible for what happens to it."Continue...Read More
"India has long had a field day putting Tariffs on American products. No longer acceptable!"Continue...Read More
Elon Musk's SpaceX and Jeff Bezos' Blue Origin are about to lose out on another important milestone to Richard Branson's Virgin Galactic: First space tourism company to go public.Continue...Read More
Part 1 (part 2 below)Part 2Read More
Prices for imported billet in the United Arab Emirates have increased over the past seven days, but demand was still weak, sources said on Tuesday July 9.The reason for the higher prices for billet was increases in the prices for raw materials.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was calculated at $296.41 per tonne on July 8, compared with...Read More
Brian Leni, founder of Junior Stock Review, profiles a gold explorer with a project in Quebec in the prolific Abitibi Greenstone Belt. What is the significance of surpassing $1400 USD per ounce of gold?Personally, I view the price of gold as a bellwether for the global economy, essentially signalling the health of markets. Without a doubt in my mind, the complexity of the global marketplace is on...Read More
Sector expert Michael Ballanger explores the analogies between fishing and investing. As you all know, I love to spend the summers exploring the thousands upon thousands of bays and inlets and coves that represent the Georgian Bay landscape. With the exception of a few boyhood jaunts around the Parry Sound area, I was not able to fully appreciate the grandeur of the Canadian Shield as it escapes i...Read More
In this interview with Maurice Jackson of Proven and Probable, the president and CEO of this company describes the most recent developments at its Montana prospect. Maurice Jackson: Joining us today is Michael Rowley, president and CEO of Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE), which is known for platinum, palladium, nickel, copper and cobalt in the Stillwater district in Montan...Read More
The Nasdaq and S&P kept their heads above water, thoughThe Dow spent the entire session in negative territory, pressured by sharp losses for newly downgraded Post-it maker 3M (MMM), ending lower for a third straight day. Anxiety continued to build ahead of Fed Chair Jerome Powell's appearance in front of the House Financial Services Committee tomorrow, while the minutes from the Fed's June meeting...Read More
J.P. Morgan Securities downgraded the shares to "underweight"The hotel name Ryman Hospitality Properties Inc (NYSE:RHP) is eyeing its worst day since December, down 3.6% at $77.79, on a downgrade from J.P. Morgan Securities. The analyst -- which said they're exercising caution on U.S. lodging companies, given the industry's recent trends and share performance -- cut their rating to "underweight" f...Read More
Cohu said U.S. restrictions on Huawei is hurting its customers' businessCohu, Inc. (NASDAQ:COHU) stock hit a two-year low of $13.86 earlier, and was last seen down 5% at $14.31. The California-based semiconductor testing firm said last night that recent U.S. restrictions on Chinese tech firm Huawei is hurting its customers' business, and the company will implement a temporary salary reduction prog...Read More
Netflix analysts are cheering season 3 of "Stranger Things"U.S. stocks are pacing for a third straight day in the red. In the meantime, Netflix, Inc. (NASDAQ:NFLX) is gaining on "Stranger Things" buzz, chipmaker Advanced Micro Devices, Inc. (NASDAQ:AMD) has jumped after a bull note, and cosmetics concern e.l.f. Beauty Inc (NYSE:ELF) just got upgraded. Below we'll briefly dig into the shares of NFL...Read More
"The negative catalysts have mostly played out," Raymond James saidSquare Inc (NYSE:SQ) shares are in rally mode today, thanks to some upbeat analyst attention. Raymond James upgraded SQ stock to "market perform" from "underperform," saying "the negative catalysts have mostly played out." As such, Square shares were last seen 6.4% higher at $78.11, and option bulls are betting on more upside.SQ st...Read More
A huge number of options players are buying Infosys puts before this Friday's earnings reportIndia-based tech concern Infosys Ltd (NYSE:INFY) is set to report its first-quarter earnings before the open this Friday, July 12, and options traders are already flocking to the stock. Over 4,300 puts have crossed the tape, which is 257 times what's typically seen at this point. While calls are trailing...Read More
Traders will dissect Powell's comments for rate-cut cluesThe Dow Jones Industrial Average (DJI) is barreling toward itsthird straight loss, as Wall Street's risk-off mentality endures. Fed Chair Jerome Powell's scheduled testimony in front of the House Financial Services Committee begins tomorrow, where clues about interest rate policy ahead of this month's Fed meeting will be eagerly digested. I...Read More
Shorts may be hedging their bearish bets with call optionsBed Bath & Beyond Inc. (NASDAQ:BBBY) has been relatively quiet on the charts over the past month, per the stock's 30-day historical volatility of 30.6% -- in the tame 22nd annual percentile. However, that could all change once the retailer steps into the earnings confessional after the close tomorrow, July 10, considering BBBY stock has a h...Read More