Shares in B.C.-based metals and mining company Teck Resources (TSX:TECK.B)(NYSE:TECK) fell more than 18% as of Friday following a disappointing third-quarter earnings report.Earnings missed analyst expectations by more than 13%, or $0.13 per share, on the back of weaker realized prices for its commodities.Management attributed the underperformance to lower prices for all of its key products, incl...Read More
Featured GuestsDr. Raymond Moody MD & Dr. Stephen Leeb PhDShow HighlightsPart II of the talk with Dr. Raymond Moody, author of best-selling Life after Life (1974) and founder of The University of Heaven follows. The host is reunited with the former forensic therapist 30 years after sitting in Dr. Moody's undergraduate class.Dr. Moody embarked upon a remarkable-lifelong scientific journey to unco...Read More
My Two CentsBy Andy Sutton / Graham Mehl It began as any other bull market. An early burst followed by climbing a wall of worry, then bursting out (or down in this case) beyond the wall of worry, its trajectory headed for the great ethereal unknown. And just like every similar time in history, market analysts, policy makers, and the general public assumed it would go on like this forever. And i...Read More
By John MauldinAddicted to DebtLost Exorbitant PrivilegeTrigger PointsFrankfurt, Cleveland, Golf, and Here and ThereIs debt good or bad? The answer is "Yes."Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don't have cash available yet. Whether it's wise or not depends on what you buy. Debt to educate yourself so you can get a better job may b...Read More
By Gary Tanashian[edit] When viewing the sector through a technical lens it has been 'bounce only'. As this post shows, the fundamentals are in the process of changing for the better. What do bad technicals and good fundamentals spell? Opportunity. This edit goes in because while doing this weekend's work (NFTRH 523) a road map to the buying opportunity has emerged. It has very much to do with t...Read More
By David MorganFinancial crises start under blue skies, as investors in emerging markets know too well. They lead rather than follow business recessions. Ultimately, they are caused by a sharp tightening of liquidity conditions and collapsing investors' risk appetite.Arguably, the most important price to watch in financial markets for an early-warning sign is the price of the dominant economy's...Read More
By Darryl Robert Schoon As we approach the 2018 US midterms, interest in voting is the highest it's been in decades. Republicans, Democrats, independents and even the disaffected are engaged; and with voting 10 days away, we should review democracy's origins as it relates to the outcome of the midterms. The success of self-government ultimately depends on the nature of the self to be governed....Read More
"But is the eurozone sufficiently armed to face a new economic or financial crisis? My answer is no. It is urgent to do what we have proposed to our partners in order to Continue...Read More
As we have noted over the many years of the gold sector’s bear market, the gold miners will not rally for real until the real sector and macro fundamentals come into place. Those fundamentals do not include commonly promoted inflation, China/India “love” trades, a US dollar collapse or especially, war, pestilence or any other human misery than economic. The more astute gold bugs...Read More
Featured GuestsDr. Raymond Moody MD & Dr. Stephen Leeb PhDShow HighlightsPart II of the talk with Dr. Raymond Moody, author of best-selling Life after Life (1974) and founder of The University of Heaven follows. The host is reunited with the former forensic therapist 30 years after sitting in Dr. Moody's undergraduate class.Dr. Moody embarked upon a remarkable-lifelong scientific journey to unco...Read More
My Two CentsBy Andy Sutton / Graham Mehl It began as any other bull market. An early burst followed by climbing a wall of worry, then bursting out (or down in this case) beyond the wall of worry, its trajectory headed for the great ethereal unknown. And just like every similar time in history, market analysts, policy makers, and the general public assumed it would go on like this forever. And i...Read More
By John MauldinAddicted to DebtLost Exorbitant PrivilegeTrigger PointsFrankfurt, Cleveland, Golf, and Here and ThereIs debt good or bad? The answer is "Yes."Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don't have cash available yet. Whether it's wise or not depends on what you buy. Debt to educate yourself so you can get a better job may b...Read More
By Gary Tanashian[edit] When viewing the sector through a technical lens it has been 'bounce only'. As this post shows, the fundamentals are in the process of changing for the better. What do bad technicals and good fundamentals spell? Opportunity. This edit goes in because while doing this weekend's work (NFTRH 523) a road map to the buying opportunity has emerged. It has very much to do with t...Read More
By David MorganFinancial crises start under blue skies, as investors in emerging markets know too well. They lead rather than follow business recessions. Ultimately, they are caused by a sharp tightening of liquidity conditions and collapsing investors' risk appetite.Arguably, the most important price to watch in financial markets for an early-warning sign is the price of the dominant economy's...Read More
By Darryl Robert Schoon As we approach the 2018 US midterms, interest in voting is the highest it's been in decades. Republicans, Democrats, independents and even the disaffected are engaged; and with voting 10 days away, we should review democracy's origins as it relates to the outcome of the midterms. The success of self-government ultimately depends on the nature of the self to be governed....Read More
The Thinking North event last week held in Toronto was another success. It was the sixth time I was the keynote speaker.About 150 investors attended and 10 companies presented. The topic was Trend Investing. The link to the summary of my talk is below:http://www.stockhouse.com/opinion/independent-reports/2018/10/25/trend-investingRead More
RAPAPORT... The Democratic Republic of Congo (DRC) has exportedconflict-free artisanal gold to the US jewelry market for the first time,according to groups involved in the project. The metal from the South Kivu province has gone on sale atcertain Signet Jewelers retail chains, the Responsible Artisanal Gold SolutionsForum (RAGSF) said last week. RAGSF and the US Agency for International Devel...Read More
RAPAPORT... Jewelers of America (JA) will launch its first NationalConvention in New York next July. The forum - open to jewelry professionals -will feature expert presentations and discussions on issues facing the US and international jewelry industry, the JA said last week. It willrun from July 28 to 29, coinciding with other New York industry events,including the Women's Jewelry Associatio...Read More
RAPAPORT... Production at the Gahcho Ku?(C) mine was flat in the thirdquarter as higher grades offset the impact of a planned closure. Ore from the asset yielded 2.4 carats of rough diamonds pertonne - an 8% increase versus a year ago. Total output was therefore stable at1.8 million carats, even as the amount of material treated fell 8% to 759,000tonnes. "A planned maintenance shutdown in th...Read More
RAPAPORT... Richemont has partnered with Alibaba Group to improve Chineseconsumers' access to the Swiss retailer's luxury platforms. Alibaba will provide the technology and infrastructure to helpRichemont sell to the Chinese market through its e-commerce sites, Net-a-Porterand Mr Porter, the companies said Friday. Richemont will launch two mobile appsfor those platforms, as well as making the onli...Read More