Warner Bros/courtesy Everett Collection / Everett CollectionScared about inflation? Don't worry. Prices are rising, but slowly. How quickly things change in a month: The "great inflation scare of 2018" has died down after the latest U.S. jobs report showed a smaller increase in how much workers are paid. And now a milder uptick in consumer prices will offer more comfort to anxious investors. Aver...Read More
BHP Billiton's Saskatchewan potash mine remains in a holding pattern.The Jansen Lake operation, about 135 kilometers east of Saskatoon, has been under development for several years.In a question and answer session Friday in Australia, Chief Financial Officer Peter Beaven said potash remains an attractive investment because there's more people, they need to eat, and the amount of arable land will e...Read More
By Jacob Bunge and Dana Mattioli This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (March 10, 2018). Takeover talks between Bunge Ltd. and Archer Daniels Midland Co. have stalled, people familiar with the matter said, throwing into question a combination that could have formed one of the...Read More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
The gold miner reported a big jump in profits.Read full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
January pay gain that spooked markets revised down to 2.8%Hiring strongest since mid-2016 as participation rate surgesThe U.S. added 313,000 jobs in January beating the estimate of 205,000. Bloomberg's Mike McKee reports.The U.S. economy enjoyed the biggest hiring spree since mid-2016 in February as workers streamed in from the sidelines of the labor force, but inflation pressures remained muted a...Read More
3 Hot Things to Know About Markets Right Now Netflix (NFLX) shares pop on news of a potential deal with former President Obama. Netflix shares year to date: +58%.Happy 9-year birthday to the bull market! This is the second largest and second longest bull market ever, with only the '90s bull standing in the way of the record books points out LPL Financial. Market Snapshot U.S. stocks surge...Read More
Adam HamiltonArchivesMar 09, 2018 The small contrarian gold-mining sector remains deeply out of favor, universally ignored. Thus the gold stocks are largely drifting listlessly, totally devoid of excitement. But that's the best time to buy low, when few others care. The gold stocks continue to form strong technical bases, paving the way for massive mean-reversion uplegs. And they remain exceedingl...Read More
Easing geopolitical concerns offset trade worries, for nowGreenback falls versus most majors; gold erases lossU.S. payrolls beat expectations in February with an increase of 313,000, Bloomberg's Michael McKee reports.U.S. stocks rose while Treasuries fell as the latest labor report showed the American economy continued to strengthen without the prior month’s rapid wage gains that stoked inf...Read More
U.S. employers likely added 200,000 new jobs to the economy last month, according to the consensus forecast for Friday's non-farm payroll report, but investors are likely to once again focus on the pace of hour wage growth in order to gauge how the Federal Reserve will react to faster inflation in the world's biggest economy. Average hourly wages are expected to have risen by 0.2% last month, ec...Read More
We all know the stock market's been on a wild ride lately.You may find this shocking, but I believe the Dow could drop to 12,000. And, as a consequence, bitcoin could rally to $30,000.You read that right. How?The writing is on the proverbial wall and the panic is setting in on Wall Street. And in markets around the world, for that matter. Don't think for a minute that the one- or two-day rallies w...Read More
Cryptocurrencies took a hit this week when the SEC announced that bitcoin and many other cryptos meet the government's definitions of securities and are therefore subject to regulation. Cryptocurrency exchanges will be required to register with the SEC.Most people automatically assume this is terrible news for cryptocurrencies. But I don't. I actually think it's good for cryptos.Why?Because it sho...Read More
The legal marijuana market is on fire…Thirty U.S. states have already legalized cannabis in some form, turning marijuana into what The New York Times calls the "fastest-growing industry in America."That's why People magazine is writing stories about "Marijuana Millionaires"...And that's why USA Today is calling this a "gold rush."But we believe the growth we've seen so far is just the tip of...Read More
Over the next couple days this story will break in almost every major news outlet.It's from MIT:Three MIT researchers just finished the biggest "Fake News" study to date.Their findings: humans, not bots, are primarily responsible for the spread of fake news.Yesterday, The Atlantic wrote this:The massive new study analyzes every major contested news story in English across the span of Twitter's exi...Read More
Trump and Kim Jong Un agree to meet, tariffs might not be as bad as the experts predicted, and the stock market is sneaking back toward its highs as we wrap up the trading week.What's not to love?Unfortunately, some investors are missing the ride. The average stock-watcher has become more bearish on the market since the low-volatility melt up disintegrated last month.Today, we're on the hunt for s...Read More
For months I watched the prices slowly tick higher.$100... $115... $130... $145...$30... $40... $50... $60...And then I gave up... “Forget it. I missed this one.”These were the prices over the last year of Albemarle (ALB) and Sociedad Qu?-mica y Minera (SQM), respectively - two of the largest lithium producers in the world during a period when the price of lithium doubled.Up until this...Read More
Newmont Mining is one of the rare gold stocks that is up year to date.There are a number of positive factors that favor Newmont Mining.The stock is a good "sleep well at night" way to get gold exposure. For outsized returns, search elsewhere.Recently, I've been searching for opportunities in the gold space. The reason for this is the major difference in price dynamics between gold (GLD)...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellU.S. authorities have arrested Brian Robert Sodi, a penny stock tout also known as "Mailman," for a $1.1-million scheme to boost two OTC Markets companies. (All figures are in U.S. dollars.) The government claims that Mr. Sodi, with the help of an uni...Read More