LYFT is also enjoying a bull notePapa John's International, Inc. (NASDAQ:PZZA) just received another positive analyst note, as Credit Suisse upgraded its stance to "outperform" from "neutral" and raised its price target to $56 from $45, citing confidence in the company's recent appointment of Rob Lynch as CEO. In response, PZZA shares are trading up 3.4% to $49.78, holding less than 4 points above...Read More

LONDON, 6 August 2019 - BullionVault's Gold Investor Index features today at Investment Europe, the continent-wide asset management magazine site."Central banks remain heavy gold buyers, interest rates are now falling, and any further weakness in the global economy could see the return of QE," the report quotes BullionVault, where demand turned positive in July after gold sellers outnumbered buyer...Read More

We are coming into the traditional seasonfor intense silver rallies. With silver recently making a really importantbreakout, things are setting up for a memorable period in the silver markets.Furthermore, the decision to buy silver forthe long-term is basically a no-brainer given that the Gold/Silver ratio isstill around 80. Below, is a long-term Gold/Silver ratio chart as well as aSilver chart (f...Read More

LONDON, 5 August 2019 - Gold demand on BullionVault from UK customers has surged amid the latest political fears over Brexit, reports world-renowned data and news service Reuters.Also quoting data from other sources on small-bar and coin demand, "We have seen significantly more UK users buying than selling this morning," Reuters quotes BullionVault. "This compares to [users in] the rest of the wo...Read More

Recently, the World Gold Council published a 2019 edition of a report on gold as a strategic asset. The industry organization released later the UK edition as well. Plenty of food for thought. How can the learnings from these publications strengthen our investment decisions? Why Gold?Why investors should add gold, that does not bear any yield, to their portfolios? There are a few really good reaso...Read More

LONDON, 29 July 2019 - Global gold trade body The London Bullion Market Association today publishes an article from BullionVault in its quarterly magazine, The Alchemist."July 2019 marks 20 years since the UK began its infamous gold auctions," writes BullionVault director of research Adrian Ash."The decision and its timing - announced two months in advance - knocked prices 10% lower before the fir...Read More

LONDON, 26 July 2019 - UK personal finance site YourMoney today reports results from a recent survey of BullionVault users. The 10th such semi-annual survey, this summer's poll finds that gold investors as a group now see the metal rising a further 20% from here by year's end. Read the full story on YourMoney here:Investors predict gold to rise 20 per cent before the end of the year Read More

LONDON, 25 July 2019 - National UK newspaper The Daily Express today publishes on its website forecasts for the US and global economy from what it calls "a damning poll" of gold investors using BullionVault."Gold isn't guaranteed to rise when the US next falls into recession," the paper quotes BullionVault director of research Adrian Ash, "but the metal's appeal as the ultimate store of value is l...Read More

MNK earlier fell to a record lowThe worst stock on the New York Stock Exchange (NYSE) this morning by far is Mallinckrodt PLC (NYSE:MNK), down 36.5% to trade at $1.64. A Bloomberg report late last night said the company had hired restructuring firms and was considering seeking bankruptcy protection. The drugmaker faces a litany of lawsuits over its role in the opioid addiction crisis, as well as...Read More

AeroVironment just revealed its fiscal first-quarter earnings and revenue The shares of drone maker AeroVironment, Inc. (NASDAQ:AVAV) are booming this morning, after the company announced an adjusted profit of 74 cents for its fiscal first quarter, compared to the 36 cents per share expected by analysts. The firm also reported $86.9 million in revenue, which topped estimates. In response, AVAV is...Read More

Comcast stock has already tacked on more than 33% in 2019Shares of broadcasting giant Comcast Corporation (NASDAQ:CMCSA) are up 1.8% in this morning's trading at $46.34, and earlier nabbed a new record high of $46.47 out of the gate. Driving the stock higher is an upgrade from Oppenheimer to "outperform" and a price-target hike to $54. The brokerage firm cited the upcoming 2020 Summer Olympics an...Read More

ADP showed private payrolls rose more than expected last month Dow Jones Industrial Average (DJI) futures are trading well above fair value this morning, after a statement from China's Ministry of Commerce indicated trade talks were tentatively scheduled for "early October" following a call between Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer. Traders are also panning the la...Read More

Brazilian vehicle production fell by 7.3% year-on-year in August 2019, with export volumes to Argentina continuing to decline and the domestic market weakening, automotive manufacturers' association Anfavea said on Thursday September 5.The country produced 269,809 units during the month, compared with 291,099 units in August last year, when there was one more working day in the month. Volumes rose...Read More

* Mp3 format. Recap.John Williams of Shadowstats.com returns to the show with a disruptive economic forecast.Shadowstats.com's analysis mirrors the work of Boston University Economist, Professor Kotlikoff.The nation may be facing a solvency crisis if long-term obligations continue to accumulate.John Williams finds that up to $80 trillion is required to keep the house-of-cards from implodin...Read More

Daniel AmermanThe fears of imminent recession have been multiplying, and this has led to 1) plunging long term bond yields; 2) yield curve inversions and near inversions; and 3) a fearful Federal Reserve going into "dovish" mode in the attempt to prevent such a recession.We've been here before, or at least we have with regard to those three particular components in combination. And the result wa...Read More

By: Ira EpsteinGold at a key price level, having a challenge to go higher. Key area in play..Read More

Silver is the talk of the town. Silver has finally started showing its true colors. New silver traders and investors were surprised by recent price move. I have seen a lot of zoom and bust in silver since 2001. I have been fascinated by silver due to its uses. Silver is still a poor man's gold compared to gold. One should invest in silver even at current prices. Silver is still highly undervalue...Read More

Demand for flat steel products in Turkey was weak in August because of the seasonal summer slowdown as well as falling prices, market participants have told Fastmarkets.And local producers have now filled their order books until late October, they said on Thursday September 5.Turkish steel prices increased on May 17 after the import duty into the United States, which was applied at a rate of 50% i...Read More

Turkey exported 463,220 tonnes of flat steel products in July 2019, according to the Turkish Statistical Institute (TUIK), down by 21.58% year on year from 590,685 tonnes exported in July 2018.The negative sentiment in the flat steel market in Europe in May, when orders for June and July shipping were placed, contributed to the decrease in exports. The United States market, however, has been pract...Read More

Hebei, China's largest steelmaking province, will embark on a capacity replacement program this year that would see the removal of 2.5 million tonnes per year of crude steel capacity and 4.44 million tpy of that for the production of iron.The move will involve the installation of converters with crude steel capacity amounting to 13.85 million tpy, and the shutting...Read More