CARS stock has dropped spectacularly as consumers assess needs during the crisisAs the coronavirus pandemic continues to ravage the global market, consumers still have transportation needs for the time being. However, that hasn't helped Cars.com Inc (NYSE:CARS) which sits near the bottom of the New York Stock Exchange (NYSE) today, without any clear catalyst. Currently, CARS shares are down 15% t...Read More
Weekly jobless claims soared past Wall Street's expectations Dow Jones Industrial Average (DJI) futures are sliding toward even more steep losses today, following the index's first close below 20,000 in over three years last night. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also exploring even more lows this morning, while the 10-year Treasury yield continues to surge....Read More
Bob Moriarty ArchivesMar 19, 2020Every time the price of gold and silver go down in a big way, the manipulation/conspiracy crowd come creeping out of their rat holes to start preaching about naked short selling and a disconnect between physical metals and paper markets. As you will see, both issues tend to reveal how little these guys understand about how markets and people work in the real world....Read More
Peter Schiff, President and CEO Euro Pacific CapitalOn Wednesday, March, 18, Peter Schiff did a live episode of his podcast and took questions for over four hours.In a nutshell, Peter made the case that the real crash is here. He covered a wide range of topics relating to the ongoing and ever-evolving coronavirus crisis.As far as the mainstream narrative out there, Peter said, "Everybody has los...Read More
(March 18, 2020)Before we look at tonight's charts I would like to take a minute and explain to our new members how we manage the different portfolios. We have 3 different portfolios, the Kamikaze, Leveraged and the PM Stocks Trade portfolios with each having $100,000. That $100,000 in each portfolio is then broken down into $5000 increments for each trade giving us a total of 20 trades for each...Read More
By: Gary Savage As I have said before, this will form a final 4-year cycle low, a bounce, then retest of the lows again but then..https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold $200 an ounce from the highs. Liquidity needs. Technically speaking, PAY ATTENTION: ranges are starting to narrow, innately -- but volatility is being taken out:Read More
The U.S. dollar has been one of the few big winners lately, but this is hardly a good thing. If the greenback continues to strengthen, it will hurt U.S. multinationals whose overseas revenues are reckoned in currencies that would be falling. In addition, all who owe will need to repay their loans in dollars more dear than at the time they were borrowed. And it will sink prices for a broad vari...Read More
I had mentioned long before that there will be a big disconnect between future price of gold and silver and physical price of gold and silver. Yesterday physical price of silver was much higher than silver future. One three reasons why I have been telling to only invest in physical gold and physical silver for your retirement. Physical silver price was much higher than future price. One can trad...Read More
Bob Moriarty of 321gold expresses his views on the potential bailout of industries. When the banking system was on the verge of complete failure in 2008, during the Great Financial Crisis (GFC), the world had a wonderful opportunity to do a total financial reset. All we had to do is let the failures go bankrupt. We will always need a banking system; we just don't need a banking system riddled wit...Read More
In this interview, Maurice Jackson of Proven and Probable talks with Ryan King of Calibre Mining about the latest news from the company. Maurice Jackson: Joining us for a conversation is Ryan King, the vice president of corporate development and investor relations for Calibre Mining Corp. (CXB:TSX.V; CXBMF:OTC.MKTS). Delighted to have you back to provide us with a number of updates regarding the...Read More
An update on Fortuna Silver Mines is provided in a CIBC report. In a March 15 research note, CIBC analyst Cosmos Chiu reported that Fortuna Silver Mines Inc.'s (FSM:NYSE; FVI:TSX; FVI:BVL; F4S:FSE) Q4/19 financials were solid but the company increased capex for its Lindero operation in Argentina.As for Q4/19, Fortuna Silver's adjusted earnings per share (EPS) and cash flow per share (CFPS) were a...Read More
Goldcliff Resource also addresses business continuity during the current coronavirus situation. In a news release, Goldcliff Resource Corp. (GCN:TSX.V; GCFFF:OTCBB) reported on its COVID-19 preparedness.The company does not have a central office or any full-time staff. Most members of the board of directors, responsible for coordinating and executing business, work at home. As such, the coronavir...Read More
Monarch Gold reported that it has contracted to sell its Regcourt and Louvem properties to O3 Mining. In a news release, gold mining company Monarch Gold Corp. (MQG:TSX; MRQRF:OTCMKTS; MR7:FSE) announced that "it has completed the sale of its Regcourt property and its interest in the Louvem property to O3 Mining Inc. (OIII:TSX.V)."The company stated that O3 Mining has issued 113,637 common shares...Read More
Mike Gleason: It is my privilege now to welcomeback our good friend David Morgan of The Morgan Report. David, it'salways great to have you on and appreciate the time as always. How are you sir? David Morgan: Well, Mike, I am doing wellpersonally and the markets aren't, but I'm hanging in there and thanks forhaving me on the show.Mike Gleason: Yeah, definitely overdue, and great...Read More
Peter Schiff, President and CEO Euro Pacific CapitalOn Wednesday, March, 18, Peter Schiff did a live episode of his podcast and took questions for over four hours.In a nutshell, Peter made the case that the real crash is here. He covered a wide range of topics relating to the ongoing and ever-evolving coronavirus crisis.As far as the mainstream narrative out there, Peter said, "Everybody has los...Read More
(March 18, 2020)Before we look at tonight's charts I would like to take a minute and explain to our new members how we manage the different portfolios. We have 3 different portfolios, the Kamikaze, Leveraged and the PM Stocks Trade portfolios with each having $100,000. That $100,000 in each portfolio is then broken down into $5000 increments for each trade giving us a total of 20 trades for each...Read More
By: Gary Savage As I have said before, this will form a final 4-year cycle low, a bounce, then retest of the lows again but then..https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold $200 an ounce from the highs. Liquidity needs. Technically speaking, PAY ATTENTION: ranges are starting to narrow, innately -- but volatility is being taken out:Read More