Max and Stacy discuss the booming GDP numbers as stock markets continue to hit new all-time highs. Despite the great headline numbers, former Obama administration economic advisers claim that the real economy - consumer spending and business investment - continues to show signs of stress. Max and Stacy delve into the economic powerhouse that is California, where every $100 of sales by a company in...Read More
Prominent Jewish conservative @OfficeofMike has been suspended for running an AOC parody account, which does not violate any of Twitter's policies.Continue...Read More
By now just about everyone understands what junk bonds are and why they matter. But there's a non-publicly traded version of this kind of debt that's also soaring and has Continue...Read More
Tom and Robert begin the episode with discussing their takeaways from the annual Investor Summit at Sea. Robert goes every year to learn more than to speak. Aside from running making a profit, Robert emphasizes the importance of spirituality and giving when it comes to investing. He talks also defines an infinite return as use other people's money (OPM) to make money and not pay taxes - this is th...Read More
'I am told this is a garbage disposal. I've never seen a garbage disposal. I never had one in any place I've ever lived. It is terrifying. I don't know what it's for, or what itsContinue...Read More
"The United States is not seeking war with the Iranian regime, but we are fully prepared to respond to any attack, whether by proxy, the Islamic Revolutionary Guard Corps, Continue...Read More
3.2% GDP and 3.6% unemployment. Those are the two number that changed Trump's negotiating power with China. Continue...Read More
Fund manager Adrian Day reviews a handful of non-resource companies and provides updates on a number of gold companies in his portfolio. Kingsmen Creatives Ltd. (KMEN:SI, 0.555), designer and manufacturer of high-end retail stores and more, is one of those companies whose very business is under threat by the internet. Kingsmen, however, has armor, a shield and a sword to defend against and attack...Read More
Peter Epstein of Epstein Research homes in on recent high-grade assay results at this company's Saskatchewan project. Rockridge Resources Ltd. (ROCK:TSX.V) is a fairly new mineral exploration company focused on the acquisition, exploration and development of mineral resource properties in Canada. Its focus is copper and base metals. More specifically, base, green energy and battery metals, of whi...Read More
Rick Mills of Ahead of the Herd explains why he believes investors should take a look at one company whose rare earth elements project could provide a secure supply of desperately needed metals and could have a "potential gross in-situ metal value of CA$7.6 billion." Because of the heightened global climate of aggression, chaos and fear the need for the protection of strong militaries is heighten...Read More
These new programs are being done as a follow-up to past drill efforts. Liberty Gold's Goldstrike ProjectLiberty Gold Corp. (LGD:TSX) announced in a news release it launched a 2019 drilling program at two of its past-producing gold projects: Black Pine in Idaho and Goldstrike in Utah. "We are targeting multi-million ounce deposits at both properties, and we expect to be well on our way to achievi...Read More
Several weeks ago we wrote about the downside risk in the gold stocks. After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly reached oversold extremes. While the gold stocks are oversold, it could be a little while before we can expect a sustained rebound. We p...Read More
Precious Metals traders have been hanging on every turn in the markets over the past 2+ years. The upside price move in early 2016 setup a very strong expectation that further upside price moves were about to result in an upside price explosion in metals. Remember, 2016 was a very big US Presidential election year. 2020, being the next big US Presidential election year, is only a...Read More
By: Gary ChristensonLance Roberts listed James Montier's 7-Immutable Laws of Investing. They are:Always insist on a margin of safety.This time is never different.Be patient and wait for the fat pitch.Be contrarian.Risk is the permanent loss of capital, never a number.Be leery of leverage.Never invest in something you don't understand.Those sensible rules apply to gold and silver.ALWAYS INSIST...Read More
Several weeks ago we wrote about the downside risk in the gold stocks.After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly reached oversold extremes.While the gold stocks are oversold, it could be a little while before we can expect a sustained rebound.We p...Read More
Shades of Smoot-Hawley!? Stocks plummeted for the second time in less than 24 hours Monday when Trump signaled to China's trade negotiators that he means business. A long-delayed, $200 billion hike in tariffs will take effect on Friday because the Chinese reneged on commitments they'd already made. I don't say they allegedly reneged or that they reportedly reneged, since no one ever believed for...Read More
Trump and his twitter trumpet of reigniting trade war failed to life gold price yesterday. Short covering will be there if gold breaks and trades over $1290-$1292 zone. Silver needs to trade over $1500 to rise further. Copper and crude oil may have formed a short term bottom yesterday. "Akshay Tritiya" demand if it comes in below expectations in India can result in small correction in gold pri...Read More
RAPAPORT... Pandora will push ahead with a total overhaul of its business, after sales weakened in the first quarter. Global sales fell 6% year on year to DKK 4.8 billion ($720.5million) for the January-to-March period, the Danish charm maker reportedTuesday. Revenue in the US slipped 12% in local currency to DKK 977 million($146.5 million), while sales in China rose 15% to DKK 548 mill...Read More
RAPAPORT... A diamond named for its resemblance to bubble gum will go under thehammer at Christie's Hong Kong sale later this month. The rare cushion modified brilliant-cut, 3.44-carat,fancy-vivid-purplish-pink diamond, which is internally flawless, will lead theMagnificent Jewels sale on May 28, the auction house said last week. The centerstone of the ring by jeweler Moussaieff, called the B...Read More
RAPAPORT PRESS RELEASE, May 7, 2019, Las Vegas ... Polished-diamond prices declined in April due to continued oversupply and selective Far East demand. US jewelry sales remain firm, helping to support the global trade. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds slid 0.5% in April. The index has fallen 1% so far this year, and 3% since May 1, 2018. RapNet Diamond Index (RAPI?,,?)...Read More