It's been a brutal summer for pot stocks.After a four-year bull run, pot stocks have finally started selling off.But I can't say I'm surprised.After all, at the start of the year, most pot stocks were significantly overvalued.This correction was absolutely necessary.And while some folks have taken it on the chin this summer, the reality is that with this recent sell-off has come a new opportunity...Read More
This August marks the 24th year anniversary for http://www.GoldSeek.com, a gold news and financial information website established in 1995. Today GoldSeek.com is ranked as one of the most visited gold websites in the world.GoldSeek.com is headquartered in Colorado with its international team in other parts of the United States, Canada and the Czech Republic. The site has grown to receive o...Read More
Unemployment in the U.S. is at a half-century low and the S&P 500 is trading at near-record highs. Nevertheless, the Federal Reserve today trimmed interest rates for the first time since the financial crisis on stalled manufacturing growth and an anticipated world economic slowdown.The easing cycle may be the catalyst gold needs to outperform the market and retrace its monster bull rally in the...Read More
- Ronan Manly, Bullion StarThe US Federal Reserve's Federal Open Market Committee (FOMC) today announced a 0.25% cut in the influential US federal funds rate from a target range of 2.25% - 2.50% to a target range of 2.00% - 2.25%, a move which was closely watched and widely signaled, but which was the first such fed funds rate cut in over 10 years.As an official interest rate which affects...Read More
By: Ira EpsteinThis was an insurance rate cut. US is just starting to embark on easing rates. World economies race to bottom. One after another coming. What about gold? A strong dollar is not gold's friend, but don't fret..Read More
Stock market indexes are currently at record or near record highs, even as the chances for recession within the next 1-2 years seem to be rising. So how great would the losses be from these record heights, if the business cycle continues and we get another round of recession and bear market?As explored in this analysis and as shown in the graph above, there is a strong case that a new recession...Read More
Gold and silver fell after the Federal Reserve stance on interest rate cut. There can be more fall today and tomorrow as well. Friday's US July nonfarm payrolls needs to come in below 100,000 for gold and silver bulls to revive. For now gold and silver bears have an upper edge. Traders and markets were way ahead on interest rate cut stance. The Federal Reserve chairman muted all those who were...Read More
Links to slides and sources: https://www.itmtrading.com/blog/is-de...It's a long way down from being the second largest bank by assets, in 2007, to the walking zombie bank that Deutsche is today. And while central bank QE free money and several funding rounds have enabled this zombie to keep walking, a large client hedge fund run has begun, as RenTech, one of Deutsche's largest hedge fund clients,...Read More
TV's "Mr. Wonderful" says that the president has deregulated the economy in a powerful way.Kevin O'Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the Mattel Toy Company for a staggering 3.7 billion dollars, one of the largest deals ever done in the consumer software industry. To k...Read More
Saudi Arabia will now let adult females travel without permission. Continue...Read More
"For this operation, our investigators were able to confirm that the individuals behind this are associated with the government of Saudi Arabia."Continue...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Trump's intraday market Tweet about new 10% tariffs on $300 billion dollars of Chinese goods caused US stocks to tumble, the US Dollar to stop its rally to 99 or higher on the Dollar Index and a big spike in US Dollar gold prices.Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall S...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
The reported break-in came around four hours before President Trump blasted Cummings over Twitter for representing a "disgusting, rat and rodent infested mess."Continue...Read More
"Every black person I know has always voted Democratic and with the exception of a few guys who can play sports, all those people are still poor."Continue...Read More
"Secretary Esper is looking at the Joint Enterprise Defense Infrastructure (JEDI) program. No decision will be made on the program until he has completed his examination."Continue...Read More
"US manufacturing has entered into its sharpest downturn since 2009, suggesting the goods-producing sector is on course to act as a significant drag on the economy Continue...Read More
Production, costs, guidance and financials of this miner are reviewed in this CIBC report. Gold barsIn a July 30 research note, CIBC analyst Cosmos Chiu reported that Alacer Gold Corp.'s (ASR:TSX; ALACF:OTMKTS; AQG:ASX) "Q2/19 results included solid production and better-than-expected sales that drove an earnings per share beat."Chiu reviewed Alacer's production and related cost during Q2/19. The...Read More
Recent results include the best drill intercepts there to date. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release it confirmed through drilling a 1-kilometer-long, northwest-trending, high-grade oxide gold zone at Black Pine in Idaho."The new drill results represent some of the best and highest grade unmined drill intercepts on the property, as measured by grade multiplied by...Read More