Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
For the last several months, the world has been dealing with the effects of the pandemic. The pandemic has affected more than just people's health, but also their jobs and financial health. But some, including Robert Kiyosaki, suspect that the real pandemic is fear, and what is reported is a coverup for a larger financial and economic problem. In this update, Robert further discusses his tweet:"Wh...Read More
Here are nine good reasons identified by NaturalHealth365 that this shot can do a lot more harm than good.Continue...Read More
Nearly two decades following 9/11 and the initial invasion of Afghanistan which ostensibly had as its objective the removal and destruction of the hardline Islamist Taliban government, the United States military Continue...Read More
Regardless of which party wins the U.S. presidential election in November, the U.S. is set for more fiscal stimulus in 2021 and lots of government spending. If Joe Biden wins, Democrats will push Continue...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
It seems that only 0.1% of the time during the last 70 years has the S&P 500 traded at a higher forward PE (price-to-earnings) multiple than it does today. That's equal to 4 weeks out of the 3,640 weeks since 1950.Continue...Read More
For decades, war and the threat of war has enriched the technocratic elite and kept the population going along with their agenda. War and physical attacks have been repeatedly used to foist ever more draconian restrictions upon us and remove our liberties. The Patriot Act, rammed through in the aftermath of 9/11, is just one egregious example.David Morgan is a world-renown precious metals aficiona...Read More
In collaboration with Deloitte, Fortune surveyed 171 CEOs between Sept. 23 to 30, found 76% of respondents are expected to reduce office space size in the near term. About 28% of them said theyContinue...Read More
Some hotels, like the Midtown Hilton, have remained closed since March. Others, like the Pierre, are operating in limited capacity. Those that are open for business have slashed prices by more Continue...Read More
"When you enter the season of the cooler months of the fall and the colder months of the winter, where a lot of activity, out of necessity, is going to be inside as opposed to outside, that's a difficult Continue...Read More
"I embrace any dip in gold," he said. "I want to see lower prices because that means Continue...Read More
0:35 - Are gold companies actually making money?3:16 - Top criteria for picking a junior mining stock4:25 - Jurisdictional risk6:36 - Top mining companies10:05 - M&A vs. exploration Expanded margins have created an optimal environment to invest in miners, but investors should still watch for jurisdictional risks, including the inability for miners to access their sites due to the ongoing pandemic,...Read More
Liberty Steel, part of the GFG Alliance, has restarted Adhunik Steel in India six months after it acquired the plant, the company said on Thursday October 22. The company said that it had restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steel following the acquisition of the steel businesses in February 2020. The acquisition of the Indian site is a strategic investment in o...Read More
The threat of economicallycrippling lockdowns, the promise of unending monetary stimulus, and theuncertainty of game-changing political outcomes – this is the “new normal” forinvestors.The COVID pandemic won’t beeradicated anytime soon. And even when it finally is, the economic and socialcosts will continue to be borne for years to come.In such an environment, allconvention...Read More
Here are five Fastmarkets stories you might have missed on Friday October 23 that are worth another look....Read More
Here are five Fastmarkets stories you might have missed on Friday October 23 that are worth another look....Read More
Now is not the time for Freeport-McMoRan to be thinking about mergers and acquisitions, the mining company's chief executive officer says.According to Richard Adkerson, the company - which is just over half-way through a mega-project to transform its giant Grasberg copper-gold mine in Indonesia from an open-pit to an underground operation - is on the verge of creating huge shareholder value."I jus...Read More
China's making an UNPRECEDENTED move into physical silver, and it's having a SIGNIFICANT impact both the physical and paper markets...Samuel Briggs via KinesisAndrew Maguire explores the marketwide implications of China buying up vast quantities of gold and silver. Andrew Maguire reveals China's making an unprecedented move into physical silver, while also securing huge quantities of gold dor?(C)...Read More
RAPAPORT... WD Lab Grown Diamonds has entered into patent sublicensing agreements with two synthetics companies, enabling them to distribute chemical vapor deposition (CVD) stones in North America and beyond.The deals with Altr and Altr (India), as well as with Evolution Diamond, relate to intellectual property belonging to the Carnegie Institution of Washington, the science organization behi...Read More