GE is up nearly 15% year-over-yearBoston-based General Electric Company (NYSE:GE) is enjoying a 1% lift this morning, last seen just shy of $12 after sharing its annual report. The report stated the conglomerateemployed a more consolidated 205,000 people, 70,000 of which were U.S.-based in 2019. This compares to 2018's count of 283,000. Yesterday GE was one of the many in the broad-market selloff...Read More
Mastercard's CEO Ajay Banga will resign, effective Jan. 1, 2021The shares of Mastercard Inc (NYSE:MA) are being dragged even further down the charts this morning following news of CEO Ajay Banga's resignation, at the start of 2021. Banga will be replaced by Chief Product Officer Michael Miebach. Also pressuring shares this morning is an updated current-quarter forecast from the company, predicting...Read More
Home Depot stock is pacing to open higher after earningsDow Jones Industrial Average (DJI) futures are trading above fair value this morning, as U.S. stocks prepare to gain back some of Monday's monster losses, which sent the blue-chip index spiraling more than 1,000 points. While coronavirus headlines continue to swirl, traders this morning are also monitoring earnings updates, namely from Dow co...Read More
A black swan event is one that is an unforeseeable surprise of large magnitude and consequences. Already, the coronavirus disease outbreak qualifies as a black swan event, asserts Patrick Heller, editor, Liberty's Outlook, a monthly newsletter published by Liberty Coin Service.The term "black swan" traces its lineage all the way back to 2nd Roman poet Juvenal. It became popular in financial circle...Read More
"This is taking the world's most important manufacturing center and shutting it down all at once. That's like throwing a car into reverse at 60 miles per hour on the highway. . . . Supply chain disruptions are going to be legendary. . . . This isn't like one company having trouble like AIG where Hank Paulson has to ride to the rescue with $700 billion of fresh U.S. taxpayer money. We are talking a...Read More
To Watch Update #29, CLICK HERE?>>?Things are now starting to get fast and furious. Outside of China, covid-19 is swiftly breaching defense lines all over the world. Italy is suddenly in big trouble - with the military being called in to enforce city quarantines. Iran, South Korea & Japan similarly find themselves overwhelmed as new cases continue to spread unabated.And there are many other countr...Read More
Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealmakers in the junior resource sector. During this time, he has become one of the most successful portfolio managers in the resource sector, such as his 2009 Fund Partnership (KC50 Fund, LLC) which has outperformed the com...Read More
One thing we've learned from the Trump Presidency is that the "deep state" is not just some crazy conspiracy theory. For the past three years we've seen that deep state launch plot after plot to overturn the election.It all started with former CIA director John Brennan's phony "Intelligence Assessment" of Russian involvement in the 2016 election. It was claimed that all 17 US intelligence agencies...Read More
"You know, when Fidel Castro came into office, you know what he did? He had a massive literacy program," Sanders said. "Is that a bad thing? Even though Fidel Castro did it?"Continue...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
Does Mike Maloney buy more gold or more silver? Which is he buying now? As he and Ronni Stoeferle of Incrementum discuss in this new video, the gold/silver ratio (gold price divided by the silver price) continues to hover near historic highs. This 50-year chart shows where the current ratio fits historically, as well as the gains silver experienced when the ratio fell. As Ronni points out, the gol...Read More
Brace yourself for while markets next week. We may begin to see European and Asian liquidation of equities in fear of the 2020 election ahead.Continue...Read More
"Where do you put those patients? You cannot send them home, because they might infect others, but you cannot put them in hospital because resources are stretched."Continue...Read More
How did a self-proclaimed socialist take over the Democratic Party? He is supported by millions of younger voters who have taken on so much debt that they have little hope for their future. Continue...Read More
We had an inverted yield curve in 2019, and yet the planet did not tumble off its axis. The sky did not fall. So does that mean an inverted yield curve is not really a problem?Continue...Read More
There is a dense yellow metal that is currently in the midst of a global bull market amid the least amount of fanfare that I can recall. Continue...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 25, 2020The US stock market is in “sleigh ride” mode against gold stocks.Pleaseclick here now.Double-click to enlarge this chart.Yesterday was another day of disappointment, fear, and outright terror... for most investors who are locked in the Dow versus GDX sled.The disint...Read More
Stewart Thomson, Graceland Updates 1. The US stock market is in "sleigh ride" mode against gold stocks.2. Please click here now. Double-click to enlarge this chart. Yesterday was another day of disappointment, fear, and outright terror... for most investors who are locked in the Dow versus GDX sled.3. The disintegration of the US stock market against GDX began...Read More
Dave Kranzler, Mining Stock JournalTwo economic reports were released which demonstrate that the money printing is not helping the economy. In the fourth quarter of 2019, U.S. household debt pushed over $14 trillion, reaching an all-time record high. This was fueled by a surge in mortgage and credit card debt. Much of the the new mortgage debt consisted of cash out" refis, which helped exacerbat...Read More
Gary TanashianI went out in the afternoon with gold screaming upward on COVID-19 hysteria. I see something like that and I mentally prepare for the "volatility violence" we talked about in last weekend's edition of NFTRH (#591).Maybe some of you old hats like me remember the last bull market, from 2001 to 2008. Yes, of course you do. Massive "attacks" on gold were routine, and they seemed...Read More