By John MauldinWhat Are They Selling?Office SpaceUnraveling DreamsCovenant LiteCleveland, Philadelphia, Grand Lake Stream, Beaver Creek, and BostonMy still-unfolding Train Wreck series is getting a lot of attention. It's not exactly good news, but people at least appreciate the warnings. Thanks to all who sent thought-provoking comments. I always consider them carefully.A few readers characteriz...Read More
By Gary TanashianI'll try to keep things simple with this recap of the 3 of the 5 major food groups (leaving aside commodities and currencies) for investors. No confusing you today with too many inter-market ratios, overly technical language or cute metaphors like the 3 Amigos (although it is notable that Amigo #2 is stopping exactly as we'd forecast, as you'll see in the Bonds segment below).So...Read More
Featured GuestsPeter Schiff & Bob HoyeShow HighlightsPeter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns with market commentary. Our guest expects fireworks in the gold and silver shares market, as Fed policymakers backpedal on rate hikes. To save the domestic economy from deflationary collapse, policymakers will turn dovish and expand the balance s...Read More
It's always been understood that corporate executives make a lot more than rank-and-file workers. But the gap between top and bottom was hard to calculate, and therefore hard to turn into media sound bites, so it didn't play much of a role in the US political process. But this year, for the first time, corporations are being required to calculate and publish a more accurate version their "pay ra...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12May 28, 2018 A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation. Ross Perot The best way to destroy the capitalist system is to debauch the currency. Vladimir Lenin The problem started before World War I. The gold standard was working...Read More
Is Gold Required for Proper Diversification in a Portfolio? (How Much is enough?) The following video is meant to provoke some thinking in the establishment regarding financial planning. Many investors that are fortunate enough to save choose to get help investing their money because they do not want the responsibility and subtly have someone to blame if things go wrong.For years I have approach...Read More
By Dave KranzlerA branch manager gets home loans for borrowers with weak credit or low incomes and taxpayers back him up. - Bloomberg.comBloomberg News featured a story today that I find to be an outrage. It seems that some punk kid in Houston - Angelo Christian - has recreated the Jordan Belfort story ("The Wolf Wall Street") using subprime quality, Government-backed mortgage.The Government now...Read More
By Avi GilburtFor those that are familiar with American football, you would likely understand the strategy that the team that controls the clock usually controls the game.But, what happens if the clock is broken and the game just keeps going and going and going? Well, it is no different than when an analyst makes a claim that the stock market is going to crash, and makes this claim week after we...Read More
By John MauldinWhat Are They Selling?Office SpaceUnraveling DreamsCovenant LiteCleveland, Philadelphia, Grand Lake Stream, Beaver Creek, and BostonMy still-unfolding Train Wreck series is getting a lot of attention. It's not exactly good news, but people at least appreciate the warnings. Thanks to all who sent thought-provoking comments. I always consider them carefully.A few readers characteriz...Read More
By Gary TanashianI'll try to keep things simple with this recap of the 3 of the 5 major food groups (leaving aside commodities and currencies) for investors. No confusing you today with too many inter-market ratios, overly technical language or cute metaphors like the 3 Amigos (although it is notable that Amigo #2 is stopping exactly as we'd forecast, as you'll see in the Bonds segment below).So...Read More
It's always been understood that corporate executives make a lot more than rank-and-file workers. But the gap between top and bottom was hard to calculate, and therefore hard to turn into media sound bites, so it didn't play much of a role in the US political process. But this year, for the first time, corporations are being required to calculate and publish a more accurate version their "pay ra...Read More
Is Gold Required for Proper Diversification in a Portfolio? (How Much is enough?) The following video is meant to provoke some thinking in the establishment regarding financial planning. Many investors that are fortunate enough to save choose to get help investing their money because they do not want the responsibility and subtly have someone to blame if things go wrong.For years I have approach...Read More
SHANGHAI, May 28 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendThe US dollar index touched a high of 94.3 last Friday and closed 0.62% higher at 94.24 due to robust US manufacturing data and a weaker euro.LME base metals fell across the board except for zinc. LME lead closed over 2% lower, but its week-on-week gain of 4.5% was...Read More
Investing.com - Gold traders will keep their focus on fresh geopolitical developments surrounding President Donald Trump's planned summit with North Korean leader Kim Jong Un slated for next month.Ongoing trade negotiations between the U.S. and China will also keep investors on their toes.On the data front, there's a gusher of economic reports in the coming week, as the calendar rolls to June from...Read More
Most global billet prices edged down last week, amid lower scrap prices and weaker market activity due to the month-long Ramadan religious observation in Islamic countries.On the scrap side, Metal Bulletin's daily index of HMS 1&2 (80:20) for Northern European material was $331.21 per tonne cfr Turkey on Friday May 25, down from $347.27 per tonne cfr Turkey a week earlier.ChinaBillet prices in Chi...Read More
Most global billet prices edged down last week, amid lower scrap prices and weaker market activity due to the month-long Ramadan religious observation in Islamic countries.On the scrap side, Metal Bulletin's daily index of HMS 1&2 (80:20) for Northern European material was $331.21 per tonne cfr Turkey on Friday May 25, down from $347.27 per tonne cfr Turkey a week earlier.ChinaBillet prices in Chi...Read More
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Over the last month, I've received numerous questions pertaining to the direction of the gold price. The fact is, I don't have a crystal ball and, while I believe we will see higher gold prices in the future, I have no idea when, and really, I don't care.Why? Simply, I don't invest in junior mining companies because I believe the price of gold is going to go up. I believe you invest in junior mini...Read More
It's little wonder that financial commentators are talking about a stalled bull market. With talk of trade wars, the possibility of conflict in global hotspots, rising interest rates, and increasing challenges in the real estate sector, the current outlook for the world economy is uncertain to say the least.With the additional market stressor of rising fuel prices, let's look now at "one strong co...Read More
It has been a tough few years for one-time high-flying uranium miner Cameco Corp. (TSX:CCO)(NYSE:CCJ). Over the last five years, its value has plummeted by 38% after nuclear power fell into disfavour after the 2011 Fukushima disaster in Japan, which caused the price of uranium to collapse. Since then, uranium has remained caught in a protracted slump, despite claims by industry insiders and analys...Read More