By: Ira EpsteinGold is back and forth short-term, does not have a trend at the moment. Caught in the volatility bands..Read More
Gold and silver will remain firm on developments in USA. Copper is on the verge of a big technical breakout. Crude oil is bullish. OPEC has decided to continue with production cuts. If India had faced a similar mass arson then global leaders would have condemned India with "secularism is at risk" slogan. The arsonists would have been divided between religion, caste and creed. USA's NATO allies a...Read More
Since the creation of the Federal Reserve in1913, the stock market has outperformed Gold and Silver significantly. Here isa great chart (from longtermtrends.net) that proves this: The S&P 500 is in red, the Dow in blueand Gold and Silver in their native colours. The outperformance is huge.Through the debt-based monetary system, the Fed facilitates the extension ofcredit which disproportionatel...Read More
Since the creation of the Federal Reserve in1913, the stock market has outperformed Gold and Silver significantly. Here isa great chart (from longtermtrends.net) that proves this: The S&P 500 is in red, the Dow in blueand Gold and Silver in their native colours. The outperformance is huge.Through the debt-based monetary system, the Fed facilitates the extension ofcredit which disproportionatel...Read More
Since the creation of the Federal Reserve in1913, the stock market has outperformed Gold and Silver significantly. Here isa great chart (from longtermtrends.net) that proves this: The S&P 500 is in red, the Dow in blueand Gold and Silver in their native colours. The outperformance is huge.Through the debt-based monetary system, the Fed facilitates the extension ofcredit which disproportionatel...Read More
StrengthsThe best performing precious metal for the week was silver, up 3.78 percent on stronger industrial demand. After a slow start to the week, gold and silver were moderately higher in midday U.S. trading Thursday as haven demand returned due to China's security law imposition on Hong Kong. The move by China ratcheted up tensions with the U.S. Gold rose Friday morning as investors awaited P...Read More
By: Ira EpsteinGold monthly is favorable, momentum and bias is up. For the week, gold had a higher weekly close. It was a strange week..Read More
Protests and relations with China do little to dash investor's hopes regarding U.S. economyDespite an uprising in social turmoil in the U.S., stocks marked the first day of June with gains. The Dow closed up 91 points, while the S&P 500 and Nasdaq marked closes modestly in the black. Despite relations with China on the brink of collapse, investors in the U.S. are still optimistic as the economy co...Read More
ET is cutting around 6% of its workforceThe shares of Energy Transfer LP (NYSE:ET) are up 1.2% at $8.26, after announcing that it's cutting around 6% of its workforce next week to combat the impact of coronavirus. With the energy sector hit particularly hard by the pandemic, especially in regard to oil and gas, Energy Transfer executives said in early May that it would cut operational and capital...Read More
Calls are more popular overall, but options traders have been unusually put-heavy of lateOver the last 10 trading days, the 20 stocks below have attracted the highest weekly options volume, thanks to data courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list. Standing out this week is Twitter Inc (NYSE:TWTR), a company that recently made...Read More
This weekend's protests are holding stocks level midday The Dow Jones Industrial Average (DJI) is hovering above breakeven at midday, as Wall Street attempts to break down the economic implications of this weekend's protests, especially amid the gradual economic reopening. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also trading flat at the halfway point, inching higher after a mo...Read More
"Now is not the time to celebrate," Google said in a message on its websiteThe shares of Google (NASDAQ: GOOGL) are up 0.5% at $1,441.58 this morning, after the company postponed this week's unveiling of its latest Android 11 mobile operating system, in light of protests and civil unrest over the killing of George Floyd last Monday. "We are excited to tell you more about Android 11, but now is n...Read More
ZNGA is planning to buy Peak for $1.8 billionThe shares of Zynga Inc (NASDAQ:ZNGA) are up over 3.2% at $9.44 this morning, marking a fresh eight-year high after announcing its acquisition of mobile-game maker Peak for $1.8 billion. This deal will mark the largest purchase of a Turkish startup on record, and will include about $900 million in cash and $900 million in stock. On Zynga's end, the comp...Read More
United Airlines will cut 13 officer positions, even as its international flight activity picks upUnited Airlines Holdings Inc (NASDAQ:UAL) is on some traders' radars this morning. The flight concern announced on Friday evening that it plans on eliminating 13 officer positions in an attempt to restructure its business, even as it begins adding international flights back into its network in July, in...Read More
Coty just announced its fourth CEO in less than four yearsThe shares of Coty Inc (NYSE:COTY) are up 18.2% to trade at $4.29 this morning, after the cosmetics company named its fourth CEO in less than four years. Current chairman Peter Harf is set to be named as the latest chief executive, according to the Wall Street Journal. The appointment runs counter to Coty's initial plan back in February...Read More
U.S.-China relations will be a focal point this weekDow Jones Industrial Average (DJI) futures are set to start the month flat, as civil unrest stews at home and abroad. Investors are unpacking a weekend's worth of civil protests in states across the U.S. in response to the deathof George Floyd. Elsewhere, U.S.-China tensions continue to bubble, after U.S. President Donald Trump's speech on Frida...Read More
Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades...Read More
G. Edward Griffin is an American film producer, author, and political lecturer. He is best known as the author of The Creature from Jekyll Island: A Second Look at the Federal Reserve, a critique of much modern economic theory and practice, specifically the Federal Reserve System.Read More
"A dollar crisis is looming that will make the financial crisis look like a Sunday Picnic."*This speech was delivered at the Vancouver Resource Investment Conference which took place January 19-20, 2020Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacif...Read More