By: Avi GilburtWhile reading of the title of this article may cause you to make certain assumptions about what you are about to read, I can assure you that this is not a politically motivated article. In fact, politics has absolutely nothing to do with the analysis and conclusions presented herein.I want to start with the assumption that we have spoken about so often, and that it is social moo...Read More
Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious metals investment book of all time, Rich Dad's Advisors: Guide to Investing In Gold and Silver. In addition, Mr....Read More
O.G. Shadow is a former Mexican cartel affiliate who has openly admitted to being a drugs and arms trafficker. He served multiple years in a Mexican prison for his crimes. After receiving permission from top cartel management to peacefully leave his cartel (something that rarely happens), O.G. Shadow decided to live a peaceful life without crime. In his own words his goal is to "inform the public...Read More
From Serbia to Syria to Nikki Haley's explosive new book, the war party is still firmly in control in Washington. Wars and threats of wars keep increasing, ensuring a steady of wounded and broken veterans to "thank" for their "service."Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Tim...Read More
Filmed at the New Orleans Investment Conference on Nov. 2, 2019.Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunitie...Read More
Filmed at the New Orleans Investment Conference on Nov. 2, 2019.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...Read More
When the New York Federal Reserve began pumping billions of dollars a day into the repurchasing (repo) markets (the market banks use to make short-term loans to each other) in September, they said this would only be necessary for a few weeks. Yet, last Wednesday, almost two months after the Fed's initial intervention, the New York Federal Reserve pumped 62.5 billion dollars into the repo market.Th...Read More
Even the upper middle class loses share of household wealth to the 1%. The bottom half gets screwed.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a de...Read More
"The reality for @ewarren is that this is as much to divert attention from her income and net worth as anything else. Other than steyer she is the wealthiest of all the Dem Candidates. By far."Continue...Read More
If Warren becomes president, our operation will leave the United States and I will have to seriously consider resigning my American citizenship. Continue...Read More
Technically Gold cracked last week and the downside momentum coupled with the relatively high net spec position argues thatContinue...Read More
Chinese steelmaker Hebei Jingye Group has agreed to acquire British Steel, including its Scunthorpe steelworks and other assets, the UK government's Official Receiver and the company's administrator, EY, said on Monday November 11. The sale will also include British Steel's shares in TSP Engineering and Redcar Bulk Terminal in the UK, along with FN Steel in the Netherlands and Briti...Read More
China is looking to take on the world's top steelmaker, ArcelorMittal, with a share transfer between Shougang and Baowu Steel.Northern China's Shougang Group is transferring 15% of its share in the listed unit of the same name to Baowu Steel without any charge, according to a company notice last Friday November 8. This takes Baowu Steel - China's biggest mill and second globally only to ArcelorMit...Read More
Boeing stock surged midday on 737 MAX newsU.S. stocks spent the first half of the day trading in the red on President Donald Trump's pessimistic comments about a trade deal with China, but the major indexes were able to pare most of these losses by the close. A sudden rally from Boeing (BA) on news the company expects its 737 MAX to return to commercial service in January sparked a major reversal...Read More
The auto parts retailer will report earnings tomorrow morningAdvance Auto Parts, Inc. (NYSE:AAP) is slated to report third-quarter earnings before the market opens tomorrow, Nov. 12. Put volume is running fast ahead of the event, with nearly 6,200 contracts traded so far -- 30 times what's typically seen at this point, and more than double the number of calls on the tape.Most active are the Novemb...Read More
CHK lost over 37% last week, following a dismal earnings report The already suffering shares of Chesapeake Energy Corporation (NYSE:CHK) have taken a turn for the worse during the past week, following the firm's dismal third-quarter earnings report and warning note over its ability to continue as a "going concern." The stock lost a whopping 37.5% last week, and is looking at even more downside to...Read More
Tupperware suspended its quarterly common dividend last weekThe U.S. stock market is struggling to claw its way back into positive territory, as Wall Street digests a slew of trade-related headlines. Among the stocks making notable moves today are blue chip Walgreens Boots Alliance Inc (NASDAQ:WBA), plastic maker Tupperware Brands Corporation (NYSE:TUP), and drug stock Dare Bioscience Inc (NASDAQ...Read More
One trader sold to open a major position on HumanaHumana Inc (NYSE:HUM) shares have been skyrocketing since skimming the $250 level early last month, last seen at $316.70 -- a roughly 27% rise. One options trader is looking to make a quick buck by betting on HUM stock holding these gains through the end of this week, since data from today's trading seems to suggest one speculator sold to open 3,81...Read More
There's room for upgrades to the GPS stockTo close out October, GPS concern Garmin Ltd. (NASDAQ:GRMN) gapped higher in the wake of a well-received corporate report. GRMN continued to climb into November, and nabbed a nearly 12-year high of $97.59 earlier today. There's reason to believe the stock still has more room to run too, after flashing this bullish signal. More specifically, GRMN's new hi...Read More
The 120-day moving average has had bearish implications for the equity in the past Since posting a third-quarter report that missed analysts' estimates last week, resulting in a three-week low of $9.12, the shares of AMC Entertainment Holdings Inc (NYSE:AMC) have been struggling on the charts. While the stock briefly popped north of its 30-day moving average, the trendline has served as stiff resi...Read More