Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.Read More
In this episode of the Keiser Report, Max and Stacy discuss the 'financial vandalism' intentionally trashing the investment portfolios of pensions around the world. In the second half, Max interviews Roy Sebag of GoldMoney.com and Mene.com about negative-yielding bonds and the significance of Mark Carney's warning about the need for the world to adopt a more stable standard than the US dollar. Max...Read More
"There can be no place in our society for this manner of behavior by government officials. Fortunately, the NRA, like all U.S. citizens, is protected by the First Amendment."Continue...Read More
Snatching war from the jaws of peace, the long-worked on peace deal negotiated between the US and Taliban leaders has apparently been tossed into the trash can Continue...Read More
Prime Minister Justin Trudeau has not managed to hire competent cabinet ministers, and his lack of experience has failed him on the world stage against President Donald Trump, this according to Kevin O'Leary, chairman of O'Shares ETFs. "It's now time for Canadians to make a decision, [elections] are weeks ahead. What do they want Canada to be, and where do they want Canada competitively. Trudeau c...Read More
People have been talking about a "debt bubble" for some years now. They've been right, of course, based on the combination of surging borrowing and plunging rates. But the bubble hasn't Continue...Read More
Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics at University of Western Sydney, until he applied for voluntary redundancy in 2013, due to the closure of the economics program at the universi...Read More
Jamie discusses how the commodity space has grown and changed over his career. The sector is steadily advancing and beginning to take advantage of machine learning and automation. Also, the financing of projects now requires a lot more due diligence as sophisticated investors and streaming companies require it. All of these changes are making the sector very exciting.He feels we are in a new bull...Read More
"If a car is fun to drive, is of historical or technical interest, and has a style that people find intriguing, then it's probably going to up in value."Continue...Read More
On January 26, 2018 the Dow Jones Industrial Average set a new record high of 26,616.71. Despite setting new highs multiple times thereafter, the moves were so negligible on Continue...Read More
"While the picture is dire, such numbers don't prove we are doomed or that a debt crisis is inevitable."Continue...Read More
"We now expect spot gold prices to trade stronger for longer, possibly breaching $2,000/oz and posting new cyclical highs at some point in Continue...Read More
It has taken a few weeks to play out but our warning of a correction in precious metals (first on August 18) is coming to pass. Continue...Read More
Export prices for steel billet from the CIS region continued to drop in the second week of September under pressure from low demand and the weakening of the international scrap market.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS, was $366 per tonne on Tuesday September 10, down by $4 per tonne day on day.There were few indications of offers on Tuesday. Market participants repo...Read More
Import prices for steel billet in the United Arab Emirates have gone down because of the global fall in steel prices and poor demand, and rebar prices were expected to start a similar downtrend soon, sources said on Tuesday September 10.Market participants were expecting new prices to be announced in the near future, Fastmarkets was told.Domestic rebarEmirates Steel is the UAE's largest producer,...Read More
Prices in the CIS export slab market have continued to fall in early September under pressure from the downtrend in the finished flat steel sectors, both in the customers' domestic markets and in the CIS.Flat steel prices have been softening amid the lack of buying activity and pessimistic expectations of further price weakening, Fastmarkets heard on Monday September 9.Fastmarkets' assessment of t...Read More
Meanwhile, MoneyGram stock just hit an annual high on a new Visa partnership Stocks are trading below breakeven today, with the Dow set to snap its four-day win streak. Three stocks bucking this broad-market trend today are e-payment issue MoneyGram International Inc (NASDAQ:MGI), as well as drugmakers AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) and Mallinckrodt PLC (NYSE:MNK). Below, we'll take a lo...Read More
Apple unveiled its latest products earlier todayThe Dow staged a last-minute rally to log its fifth straight gain and longest winning streak since early June. The blue-chip index spent most of the day in the red, though, bogged down by a lackluster tech sector. And while the S&P 500 joined the Dow in the green at the close, the Nasdaqended in the red for its third straight loss. Investors digested...Read More
The tech titan is expected to unveil new iPhones later today Dow Jones Industrial Average (DJI) futures are holding cautiously below fair value this morning, with the blue-chip index fresh off a four-day winning streak. Blue-chip Apple (AAPL) will be in focus today, with the firm expected to reveal new iPhones at today's event, as well as more details for its streaming services. AAPL stock is trad...Read More
One trader bought to open 39,000 October 1.50 putsThe shares of Chesapeake Energy Corporation (NYSE:CHK) surged 19.6% on Monday, amid rising natural gas prices. Today, CHK has turned lower -- down 5.3% at $1.79, after the company said it issued 250.7 million shares of common stock in exchange for senior notes and convertible preferred stock. The negative price action has sparked heavy action in Ch...Read More