Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Time Stamp References:0:50 - Market outlook and GDX.J5:00 - Evaluating juniors upside7:00 - Discount miner valuations.10:30 - When to get out.15:00 - Risks from a continued market decline.Collin welcomes Jordan Roy-Byrne back to the program. Jordan is a regular contributor to Palisade Radio and is the editor and publisher of TheDailyGold.com.Jordan expects a significant move higher in the GDX.J as...Read More
"The Birmingham Police Department has maintained a consistent, community-oriented educational approach to the surrounding circumstances of COVID-19."Continue...Read More
"While we greatly, greatly respect the right of people to protest, there should not be protests taking place in the middle of a pandemic by gathering outside and putting people at risk."Continue...Read More
What we have is the government criminals shutting down the economy, causing financial assets to collapse. Politicians are bailing out the criminals in the financial system who have been Continue...Read More
Texas is back in business, well sort of.You can open the doors, but you can't force anyone to go through them. Continue...Read More
Prices in Southeast Asia's steel billet market climbed over the past week due to surging demand from Chinese importers, sources told Fastmarkets.Fastmarkets' daily price assessment for steel billet, import, cfr Southeast Asia, which mainly looks at 120-150mm 5sp grade billet sold into the Philippines, was $370-375 per tonne on Friday May 8, up by $5 per tonne from $365-370 per tonne on May 6.Befor...Read More
Beginning on March 24 of this year, Larry Kudlow, the White House Economic Advisor, began to roll out the most deviously designed bailout of Wall Street in the history of America. After the Continue...Read More
"It is disappointing that several months into the pandemic, we do not yet have results" from any strict tests of the drug, they wrote. Still, the new study "suggests that this treatment is not a panacea."Continue...Read More
The world economy is entering an "inflationary depression" as it emerges from coronavirus lockdowns, with government spending propping up demand even as unemployment soars, according to historian Continue...Read More
We believe the upside rally in both Gold and Silver recently is a very good indication that the sideways price channel that has plagued precious Continue...Read More
Member mills of the China Iron & Steel Association (Cisa) raised their production rates in late April on steady demand and healthy profits, according to data released on Friday May 8.April 21-30 outputCrude steel: 2.01 million tonnes per day, up by 3.1%Finished steel: 2.04 million tpd, up...Read More
Investors cheered reopening announcements and brushed off better-than-expected jobs dataIt was another day of massive gains for the major indexes today, with the Dow snatching up a roughly 455 point win, as investors wax optimistic that the worst of the coronavirus crash is in the rear view. This sentiment managed to plow right over another devastating round of employment data. Reopening announce...Read More
The Nasdaq reclaimed its year-to-date breakeven earlier this weekIn what's become the new normal, it was a hectic week on Wall Street. The Dow Jones Industrial Average (DJI), the S&P 500 Index (SPX) and the Nasdaq Composite (IXIC) are all cruising toward sizable weekly wins, but not without some drama. Lockdown leniency gave stocks an early-week boost, but dismal unemployment numbers kept gains i...Read More
Coty will step into the earnings confessional before the market opens on MondayThe shares of cosmetics concern Coty Inc (NYSE:COTY) are up 4.3% today, last seen trading at $5.14, ahead of the company's first-quarter earnings report,due out before the open on Monday, May 11. Below, we'll take a more in depth look at the company's earnings history, and why it's all up in the air for COTY.On the ch...Read More
ZG announced better-than-expected earnings and revenueThe shares of Zillow Group Inc (NASDAQ:ZG) are soaring today, up 15.8% to trade at $55.79, after the real estate service announced a better-than-expected first-quarter report. Following the news, no fewer than six analysts raised their price targets, the highest coming from Benchmark to $63. Looking ahead, the company plans to utilize technolog...Read More
The Dow is up over 365 points middayThe Dow Jones Industrial Average (DJI) is up over 365 points midday, as hopes of the economy reopening and upbeat U.S.-China trade buzz ward off dismal economic data. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also in the black, shaking off the 20.5 million jobs lost in April due to COVID-19 -- the highest rise in unemployment since post-World War...Read More
BKNG reported lower-than-expected profitsThe shares of Booking Holdings Inc (NASDAQ:BKNG) are down 2.7% to trade at $1,405.41 after the company reported a lower-than-expected first-quarter profit, citing the rapid decrease in domestic travel. However, the company did announce higher-than-expected revenue. Following the report, no fewer than three price-target raises have surfaced, including one fr...Read More
Ford announced plans to restart production and operation in North American this monthThe shares of Ford Motor Company (NYSE:F) are up 2.6% to trade at$5 this morning, after the automaker announced plans to start phasing in production and operations in North America, beginning May 18. Ford said it would bring back some employees whose jobs cannot be done remotely on that date, while staggering th...Read More
General Motors is eyeing its fourth straight winThe shares of General Motors Company (NYSE:GM) have been in rally mode this week, helped along by a well-received quarterly earnings report on Wednesday, and with the carmaker back in the spotlight today, it looks like GM isn't slowing down. The stock is up 2% at $22.89, after the firm priced a new debt offering totaling $4 billion. This offering con...Read More