If we’re limited to our income, there’s only so much we can spend on consumption and servicing existing debts, and invest/save to build capital/future income.If we have access to the miraculous elixir of credit, we can expand our spending/investing by borrowing more money. This boosts our consumption and perhaps our investing, but it also increases our debt service the interest that...Read More
This company announced more high-grade results from its step-out drilling at its massive project in British Columbia's Golden Triangle, leading one newsletter writer to call the stock's entry point "a gift" to investors.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) announced more high-grade results from its step-out drilling in the Wolf Vein of its Kitsault Valley project in British Columbia's...Read More
Chris Temple of The National Investors shares a detailed report on stocks from the life science to the energy sector to tell you which he believes are Buys and which you should sell.I have a lot of catching up to do after getting home last night from New Orleans. This morning, I'll start the goodies with a few quick bite-sized updates:--> Take your nice, quick profits and SELL Sarepta Therapeutics...Read More
Precious metals mining companies like Agnico Eagle Mines and Franco-Nevada face production issues, but well-capitalized miners are still finding attractive assets.The precious metals mining industry has faced several recent challenges but also new opportunities.Companies like Agnico Eagle Mines, Franco-Nevada Corporation, and Osisko Gold Royalties have dealt with mine disruptions but continue to m...Read More
(IDEX Online) - The Botswana government appears poised to go ahead with plans to buy a 24 per cent stake in HB Antwerp and to let it sell 10 per cent (at least 600,000 carats annually) of its rough production.The deal was thrown into doubt in September after Vancouver-based Lucara pulled out of its own 10-year agreement with HB after just a year, alleging "a material breach of financial commitment...Read More
(IDEX Online) - Belgian traceability firm iTraceiT is to incorporate super-accurate digital reports, produced by the Cutwise Group, into its diamond passports. It says that adding Cutwise's DiLog ID to its own blockchain technology provides an extra layer of security. The DiLog ID creates a "a photoreal rendered image of the polished Diamond" to produce unprecedentedly accu...Read More
(IDEX Online) - Gemstone miner Fura Gems has agreed a pioneering deal to provide Bangkok-based China Stone with a guaranteed supply of premium rough rubies from its Montepuez mine, in Mozambique. It will allocate 0.25-ct to 0.75-ct gems for the next three years, allowing China Stone to improve production planning for watch and jewelry manufacturers.Dev Shetty, Fura's CEO, says the deal i...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points at 8:35 AM EDT.Index futures were unchanged following release of the September U.S. Trade report. Consensus was a deficit of $60.00 billion versus a deficit of $58.30 billion in August. Actual was a deficit of $61.5 billion.Trip Advisor gained $1.92 to $18.03 after reporting higher than consensus third quarte...Read More
The dollar has been extremely strong over the past two years. This persistent dollar strength has been a mystery to many. After all, the dollar's problems are well known.The ratio of government debt to GDP for the United States is at a record high approaching 130% (a prudent level is considered 30%, and anything over 90% is a headwind to any economic growth at all).The U.S. is running multitrillio...Read More
The same old story that's hoodwinked investors since the dawn of time... You've heard of a sucker rally...But what about a sucker breakdown?We might have just witnessed one asinvestors jettisoned their stocks last week just before a huge snapback move that began with frantic short-covering rallies and could end with an epic melt-up into the holidays.Here's how it all started...It was looking ble...Read More
Another bank bites the dust!Citizens Bank was a small bank in Iowa with about $66 million in assets. Its loan portfolio consisted largely of commercial and industrial loans.Well, this past Friday the Federal Deposit Insurance Corporation (FDIC) announced that Citizens Bank had failed due to significant hidden loan losses totaling about $15 million.Because Citizens Bank was not a member of FDIC, th...Read More
Bill Powers explains five reasons why junior mining investors fail in this MSE episode. He shares numerous insights gained by ...Read More
Professional Trader Nick Santiago believes that there is an incoming "golden goose opportunity" via an oil "super-spike" after a ...Read More
crime #Fbi #headlinenews #cops #breaking #canadanews #canadian.Read More
climatechange #greenenergy #cleanenergy #jeromepowell #usa.Read More
president #presiden2024 #donaldtrump #vivek #desantis #politics #usa.Read More
politics #politicalnews #uspoliticsnews #uspolitics #trending.Read More
investing #financialeducation #stockmarket Get Michael's book on these links: USA: ...Read More