Michael Ballanger of GGM Advisory Inc. takes time to ruminate on the current state of the markets, both looking at the S&P Index and the gold market.Auguste Rodin (1840-1917) was a famous French sculptor that chiseled out "The Thinker" shown above and featured in the highly-popular television series "The Many Loves of Dobie Gillis" as a background set piece.It is the likeness of a man immersed in...Read More
As the gold market marches toward new records, it is proving the naysayers wrong and vindicating longtime bulls. Gold posted a record high close on a quarterly basis at the end of March. Now the monetary metal has its sights set on setting a new all-time high here in the coming days.That’ll have to wait until next week though as global markets are closed here on this Good Friday. Gold will f...Read More
(IDEX Online) - The tailings dam that burst at the former Jagersfontein diamond mine, in South Africa, last September, "deviates from best engineering practice," according to a study of satellite images by civil engineering academics. Based on their three-dimensional reconstruction of the failed dam, the authors estimate four to six million cubic meters of diamond mining waste were...Read More
(IDEX Online) - Diamond billionaire Beny Steinmetz has lost an appeal against a conviction in a Swiss court for bribery, over an iron ore deal in Guinea.Three judges did, however, reduce the five-year prison sentence, handed down two years ago, to three years of which he must serve 18 months, according to a Reuters report.They also upheld the $52m fine, which was imposed at the same time, but acqu...Read More
(Adds quotes, context) By Marco Aquino LIMA, April 10 (Reuters) - Peru expects to produce 2.8million tonnes of copper this year, a senior official said onMonday, representing an almost 15% jump from 2022, in a brightspot for the Andean nation's top export. Peru, the world's no. 2 copper producer, saw output affectedsince December following anti-government protests and roadblockades spurred by the...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 22 points at 8:30 AM EDT.Moderna added $3.39 to $161.66 after JP Morgan raised its target price from $127 to $145.Weyerhaeuser gained $0.40 to $30.25 after DA Davidson raised its rating from Neutral to Buy.Tupperware dropped $0.22 to $2.20 after the company warned that it may adjust fourth quarter results. Cinemark ad...Read More
I've written for years about different nations' persistent efforts to dethrone the U.S. dollar as the leading global reserve currency and the main medium of exchange.At the same time, I've said that such processes don't happen overnight; instead, they happen slowly and incrementally over decades.While that's true, the process is accelerating in ways no one could have anticipated just over a year a...Read More
Global Medical REIT is a fast-growing healthcare REIT. Click here to see my analysis of the company and why I rate GMRE stock a Buy.Read full newsRead More
Unlike traditional commodity ETFs, Direxion Auspice Broad Commodity Strategy ETF tries to mitigate downside risk. See why I rate COM ETF a Buy.Read full newsRead More
Companies like GXO Logistics and Ryder System started investing in automation to make operations more efficient. Read more to see my thoughts on GXO and R stocks.Read full newsRead More
Aker BP not only has fundamentals, but it also has attractive ownership and operations. Click here to read why AKRBF stock is a Buy.Read full newsRead More
Simon Property Group is one of the world leaders in retail and leases shopping centers around the world. Click here to read my take on SPG stock.Read full newsRead More
QuinStreet's revenues declined quarter-over-quarter for a year now and the company has lost profitability. Read more about why I rate QNST stock a sell.Read full newsRead More
First Republic Bank informed markets that it was suspending its dividends for its preferred stocks. Click here to read my analysis of FRC stock.Read full newsRead More
Nvidia Corporation has both fundamental and technical buy signals, but looks overextended in price and overvalued in fundamental metrics. Find out why NVDA stock is a Buy.Read full newsRead More
Casella Waste Systems has a history of diluting shares and doesn't distribute a dividend either. Click here to see our take on CWST stock.Read full newsRead More
Swiss Re has reported relatively weak earnings recently, due to cyclical factors. Click here to see our take on SSREF stock.Read full newsRead More
Yext provides businesses with web content management and related software. Click here to read my analysis of YEXT stock and why it's a hold.Read full newsRead More
John Hancock Preferred Income Fund invests in a portfolio of preferred stocks and bonds in order to pay out a very high dividend yield. Find out why HPI CEF is a Hold.Read full newsRead More
AmpliTech Group, Inc. (NASDAQ:NASDAQ:AMPG) Q4 2022 Earnings Conference Call April 10, 2023 4:00 PM ETCompany ParticipantsShan Sawant - Director of Corporate CommunicationsFawad Maqbool -...Read full newsRead More