PRIVATE BLOG – Gold into FebruaryPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
QUESTION: RE: ….& Coming Barter System.So, are you suggesting that we may see a shift to Silver by private individuals as the only way to sidestep Government stupidity, or will it be even worse, like trading whiskey for toilet paper??TWEANSWER: Assuming government attempts to follow the IMF’s advice and create cryptocurrencies to replace paper money, then the only alternativ...Read More
Today I have two stock picks for you that I believe Warren Buffett would love.As you know, Buffett is pretty widely viewed as being the greatest stock market investor in history.Despite having given a massive $27 billion to charity over the past decade, Warren Buffett still sits on a net worth of $80 plus billion.Eventually, almost every dime of that remaining $80 billion is going to be given back...Read More
VANCOUVER, Jan. 17, 2019 – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) wishes to provide an update on the status of the Alberta Securities Commission Notice of Application dated December 21, 2018 seeking an interim order pursuant to section 33 and 198 of the Securities Act(Alberta), which names the Company as...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.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
David feels the general markets and the way quantitative easing was structured are the reason gold has underperformed. This money instead went into financial markets, real estate, and art. Gold is a fear trade, and over the last few years, we have had mass complacency. If the Fed instead signals that tightening is ending along with rate hikes that could send gold higher. People are currently in a...Read More
The S&P recently tumbled 19.8% before finding its legs - coming within an ace of the official 20% defining a bear market.Bet let us declare it a bear market and have done.Based on history's telling, when can you expect stocks to recapture their early October 2018 highs?A) 11.4 monthsB) 1.6 yearsC) 3.2 yearsD) 5.7 yearsThe answer shortly.But first a progress report...The Dow Jones marched 164 p...Read More
Trump wants a wall.Will he get it? Unlikely.But he's making federal workers pay a painful price while he fights for it.Continue...Read More
"We'll have the kayaks so filled with plastic that we'll end up just having to tow the kayaks - we'll have to swim (them) to shore."Continue...Read More
Gold Holds Steady Over ?1,000 - Increased Likelihood Of A Disorderly Brexit- Gold supported near $1,300/oz ahead of important British Brexit no-confidence vote- Gold is consolidating in range between $1,280 and $1,300/oz (over ?1,000/oz and EUR1,100/oz) - A break of resistance at $1,300 will likely see gold rise rapidly in all currencies- Physical demand for gold coins and bars has picked up i...Read More
U.K. leader Theresa May has survived a vote of no-confidence in her governmnet.The chances of a general election triggered by Brexit confusion look to have receded.David Reid| @cnbcdavyPublished 6 Hours AgoUpdated3 Hours AgoCNBC.com show chapters UK Prime Minister Theresa May speaks after surviving no-confidence vote 5 Hours Ago |01:55 The U.K. government led by Prime Minister...Read More
As gold pauses for breath below the key $1300 handle and WTI crude oil trades around $52, we are wondering what 2019 will bring for these commodities. On the one hand, the outlook for gold and other metals look bullish in 2019. The fact that the Fed has stopped hiking interest rates should be good news for noninterest-bearing and low-yielding assets, such as gold, silver and copper. What’s m...Read More
Newmont Mining is not buying Goldcorp because it believes gold prices will rise, CEO Gary Goldberg says.Goldberg sees an opportunity to optimize Goldcorp's assets during a period of relatively low gold prices and consolidation.Tom DiChristopher| @tdichristopherPublished 8 Hours AgoUpdated3 Hours AgoCNBC.com show chapters Newmont CEO on Goldcorp deal 8 Hours Ago |04:40 Newmont M...Read More
(Corrects quote in third paragraph to read "the quarterlypoint-in-time full-year earnings", instead of "the poorlypoint-in-time full-year earnings") * Does not provide EBITDA forecast, shares reverse course * Sees global consumption growth for aluminum between 3-4pct * Expects global aluminum deficit to continue * By SanjanaShivdasJan 16 (Reuters) - Top U.S. aluminum producer A...Read More
Goldman Sachs was the best Dow stock todayThe Dow spent the entire session trading in positive territory, thanks to a strong earnings reaction for Goldman Sachs (GS). The broader S&P 500 Index also gained ground amid a broader rally in bank stocks, while the Nasdaq climbed on Apple (AAPL) tailwinds, as buzz swirled around a potential Apple Watch Medicare program. But as the major U.S. benchmarks s...Read More
Analysts at Fitch Solutions are feeling bullish from spot levels on nickel, lead, copper, tin and gold over 2019, but are bearish on iron and coal, according to new reports on mining the Americas.The outlook for Americas mining remains positive over the coming years, but miners will face challenges from tension over water usage from local communities if El Ni??o strikes and political uncertainty s...Read More
The retailer said full-year profit will likely arrive at the low end of its expected rangeThe shares of Nordstrom, Inc. (NYSE:JWN) are trading down 4.9% at $44.97 -- fresh off a 14-month low of $43.04 -- after the department store said its full-year adjusted profit will likely arrive at the lower end of its projected $3.55-$3.65 per share range, following a tame 0.3% rise in same-store sales durin...Read More
Jefferies reiterated its belief in PETQ stock after the presentationPetIQ Inc (NASDAQ:PETQ) is enjoying a two-day rally thanks to the company's presentation at the ICR conference. The shares closed at $24.69 on Monday, and were last seen trading at $28.60 after trading as high as $31.55 earlier today. Despite paring most of its gains today, the equity isholding above its 200-day moving average and...Read More