Treasuries fall as dollar strengthens with crude oilEarnings reports set to dominate market focus this weekJonathan Golub of Credit Suisse and Deutsche Bank's Binky Chadha discuss the performance of financial stocks.U.S. stocks added to all-time highs before the start of earnings season, while the dollar got a boost from policy steps in Asia that propelled Treasury yields past 2.50 percent for the...Read More
Stocks rose further into record territory on Tuesday, Jan. 9, amid optimism ahead of the start of corporate earnings season. The Dow Jones Industrial Average gained 56 points, or 0.22%, and the S&P 500 rose 0.07%. The Nasdaq turned negative, falling 0.07% after scoring an intraday record, like the Dow and S&P 500, soon after markets opened on Tuesday. The leading sector Tuesday...Read More
JPMorgan & Chase Co. (JPM) CEO Jamie Dimon said Tuesday that he regretted calling bitcoin a "fraud" but insisted he was not interested in the subject even as the market capitalisation of the world's three biggest digital currencies tops that of his own investment bank. Dimon famously dismissed bitcoin the virtual currency concept a "fraud" and said he'd fire any of his traders for dealing in...Read More
(Adds more quotes from analysts, context on BOJ's policy)TOKYO/HONG KONG, Jan 9 (Reuters) - Speculation the Bank of Japan may wind back its monetary stimulus this year gripped markets on Tuesday after the central bank trimmed the amount of its purchases of Japanese government bonds. Traders appeared to latch on to the BOJ announcement that it will buy less of the long-dated bonds, sending the dol...Read More
European markets edged higher Tuesday, while U.S. equity futures suggested a modestly positive open on Wall Street as investors pared their appetite for global stocks ahead of the start of the corporate earnings season, a modest dollar rebound and rising Treasury bond yields. The Stoxx Europe 600 index added 0.28% in the opening minutes of trading to 399.53 points, testing two-and-a-half year hi...Read More
Bullion beats other major assets since the central bank hikedPrecious metal touched three-month high above $1,325 last weekRhodes Says Gold Had Solid Year in 2017Gold’s outperformed most major assets since the U.S Federal Reserve last month raised interest rates -- even bitcoin.Gold Medal for GoldMetal outperformed major assets since day before Fed raised ratesRead More
Say a quick prayer for GoPro (NASDAQ:GPRO) this morning.The world's premiere maker of go-anywhere cameras for skydivers, kayakers and other adventuring-types has entered a tailspin. The company just warned investors it’s slashing 250 jobs and ditching its drone business as it attempts to turn a profit this year.The former IPO darling's stock did not take the news well. Shares plummeted more...Read More
CloseGain/LossGold $1317.40+$3.40Silver$16.98-$0.02XAU86.07+1.32%HUI194.29+1.04%GDM650.01+0.39%JSE Gold1313.06+26.39USD92.32-0.19Euro119.57+0.18Yen89.79+0.91Oil$63.57+$0.6110-Year2.552%+0.004T-Bond150.03125-0.1875Dow25369.13-0.07%Nasdaq7153.57-0.14%S&P2748.23-0.11% The Metals: Gold fell $5.50 to $1308.50 in early Asian trade before it jumped up to as high as $1327.10 at about 6AM EST and the...Read More
By Ira EpsteinGold gains a bit as the Dollar sets back amid questions about getting a NAFTA deal done and threats by China to cut back on buying US debt.https://www.iraepstein.com/ Read More
By Axel MerkLast week, I asked, "What would make 2018 more productive for you? Please email me the first thing that comes to your mind." Before I summarize the responses, a big thank you to the 800+ people who sent me personalized responses. Someone pointed out that asking the question itself already helped because it motivated her to review her plans and targets. My question had been intentiona...Read More
By Rory HallI love sitting down with Craig Hemke, TFMetals Report, not only does he share great information it is a lot of fun with some laughter thrown in to keep these all-too-serious conversations a little lighter. When you're dealing with such subjects as our monetary past and what we see as our monetary future, humor is a necessary ingredient.All the wizards and their magic potions in pots...Read More
Janus Henderson's Bill Gross gives his views on the bond market with a bold call that the bull market is over.Bill Gross is the Portfolio Manager of the Janus Henderson Global Unconstrained Bond and Total Return strategies and a member of the global macro fixed income leadership team. Mr. Gross co-founded PIMCO in 1971 and served as managing director and Chief Investment Officer until joining Jan...Read More
By Gary SavageThis video looks at the strong possibility that gold has completed a half cycle low and is ready to continue higher.https://blog.smartmoneytrackerpremium.com/ Read More
Alasdair Macleod shares his well reasoned expectations for the direction of markets as well as GDP and Main Street in 2018 based on the credit cycle.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
By Steve St. AngeloSome nasty dark clouds are forming on the financial horizon as total world debt is increasing nearly three times as fast as total global wealth. But, that's okay because no one cares about the debt, only the assets matter nowadays. You see, as long as debts are someone else's problem, we can add as much debt as we like... or so the market believes.Now, you don't have to...Read More
Billionaire investor Warren Buffet says cryptocurrencies are headed for trouble.Photo credit: FlickrRead More
The precious metals sector moved higher in the first days of this year, but based on yesterday's decline and the current price levels, 2018 is already a down year for silver and mining stocks. Gold is almost flat. This is a subtle clue that the rally may have already ran its course. The confirmation comes from what happened yesterday. Miners continued their decline, invalidating the previous bre...Read More
Bloomberg article discussing China's new US debt strategy: https://www.bloomberg.com/news/articles/2018-01-10...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;...Read More
VANCOUVER, B.C., Jan. 10, 2018 (GLOBE NEWSWIRE) -- Golden Arrow Resources Corporation (GRG.V) (GAC.F) (GARWF), "Golden Arrow" or the "Company") announces that the Company has made an application to the TSX Venture Exchange to extend the term of the outstanding warrants as follows:4,510,000 warrants that set to expire on January 28, 2018 to be extended to January 28, 2019. These warrants were ori...Read More
Robert says there are three kids of money: God's money, government money, and people's money. Find out what the value of each of these monies is, and more importantly, how to use each money to build wealth. In this episode, you will hear why a penny saved is not a penny earned.Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senio...Read More