Bob's website: tradegeniusacademy.comRead More
Fifty years ago, an international team of researchers was commissioned by the Club of Rome to build a computer simulation of exponential economic and population growth on a finite planet. In 1971, its findings were first released in Moscow and Rio de Janeiro, and later published in 1972 under the title The Limits To Growth. Few reports have generated as much debate, discussion and disagreement. Th...Read More
There are a few common denominators amongst billionaires, or as James Altucher, managing director of Formula Capital, refers to as "peak performers of their fields.""There's one concept I call 'ready, fire, aim.' So, when they have an idea, they'll act as if they've already achieved the idea and then they'll figure out how to achieve it," Altucher told Kitco News.Read More
Liz Claman, Gene Epstein, Jim Grant, Peter Schiff, David Tice, Tom Woods at the NYC Premier of Jimmy Morrison's "The Bubble"Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment c...Read More
A federal judge ruled on Tuesday that the US government is entitled to the proceeds from Edward Snowden's memoir, as well as any money he earns from paid speeches, because the former National Security Agency Continue...Read More
"There is no opting out. No control over your personal information," Republican Senator Josh Hawley recently tweeted."That's Big Tech. And that's why Congress needs to take action."Continue...Read More
Daniel's website: https://www.dlacalle.com/en/Daniel Lacalle has a PhD in Economy, is Professor of Global Economy and Fund manager. He holds the CIIA financial analyst title, with a post graduate degree in IESE and a master's degree in economic investigation. Member of the advisory board of the Rafael del Pino foundation. He was ranked Top 20 most influential economist in the world 2016 (Richtopia...Read More
The Fed will continue to be accommodative in 2020 due to a host of macroeconomic issues that are still unresolved, this according to Peter Hug, Global Trading Director of Kitco Metals."I've got a couple of issues with the markets from an equities perspective. First of all, I think the valuations are a bit extended. I don't think the market has truly factored in the Brexit issue. With Boris Johnson...Read More
Greg Weldon's thoughts on the Phase One Trade Deal...how it is bullish for Emerging Market Equity Index ETFs...and...a sneak peek at today's coverage of the explosive move in Coffee, as it relates to he MASSIVE unrealized profits it has generated for our clients in TradeLAB !!!Gregory Weldon is CEO of Weldon Financial and Editor of the influential newsletters "Weldon's Money Monitor," the "Commodi...Read More
"We were devoid of a fundamental understanding of Afghanistan. We didn't know what we were doing." So said Gen. Douglas Lute, who oversaw the US war on Afghanistan under Presidents Bush and Obama. Eighteen years into the longest war in US history, we are finally finding out, thanks to thousands of pages of classified interviews on the war published by the Washington Post last week, that General Lu...Read More
"Right now, there's no real inflation at play. But if we go further than we are currently, inflation is inevitably going to rise." Continue...Read More
Former US Attorney General, Eric Holder, had the audacity to write in the highly partisan Washington Post with the headline: "William Barr is unfit to be attorney general." Holder accuses Attorney GeneralContinue...Read More
With only a few trading days remaining in 2019, a clear winner has emerged in the contest of gold mining ETFs. The U.S. Global GO Continue...Read More
After the Denver Gold Forum in September, mergers and acquisitions in the gold mining space is finally picking up especially in the last month. However, all assets are not being acquired for big premiums. Some are being acquired for no premium at all.Mid-tier primary gold miners with good free cash flow margins and good balance sheets are being aggressive either buying "non-core" assets from Barri...Read More
Bob Moriarty of 321gold takes a look at the Daily Sentiment Index for palladium. The price of palladium has been on a tear lately.Like every other investor I would love it if every one of my investments went up day after day. But it never seems to happen for me. Actually, in real life, the more days something goes up and the faster it goes up, the greater the risk of a back breaking crash. Pallad...Read More
Seaborne prices for mid-grade iron ore came under some pressure on Wednesday December 18, with steelmakers in China continuing to show a preference for materials sold at Chinese ports.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $93.20 per tonne, down $0.87 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $92.29 per tonne, down $0.87 per tonne.62% Fe low-alumina fines, cfr Qingdao: $93...Read More
Indonesian ferrous scrap demand should continue to grow in 2020 despite the new rules imposed by authorities."The new regulations should be smoothed out over the next couple of months and containerized scrap shipments should resume within the first half of the year," Hoffman Iron & Steel chief executive Phil Hoffman told Fastmarkets.He was referring to the new regulations enacted by the Indonesian...Read More
European producers of heavy steel plate have increased domestic prices further this week, sources told Fastmarkets on Wednesday December 18.Transaction prices are expected to rise, supported by combination of higher slab costs for re-rollers, some recovery in demand due to re-stocking activity and a positive mood in the EU coil market, sources said.Fastmarkets' weekly price assessment for&nbs...Read More
The impeachment hearing and FedEx earnings were in focus todayStocks spent most of the day floating around breakeven, as investors examined weak earnings from FedEx (FDX) and the latest headlines surrounding today's impeachment hearings. Investors still seem to be buzzing from last week's trade negotiations, though, since the S&P and Nasdaq both hit record highs fairly early on. While the Dow and...Read More
Deutsche Bank lifted its price target on Facebook to $270 from $260The shares of Facebook, Inc. (NASDAQ:FB) are eyeing their highest close in over four months today, following a bull note from Deutsche Bank, which lifted its price target to $270 from $260 -- a 36.1% premium to last night's close. The brokerage firm predicted renewed confidence in the firm's namesake Facebook app, thanks to the rev...Read More