If the ratio stays the same then silver performs equally, but there's reasons to expect the ratio to fall and silver to outperform gold. Here's why...by Bill Holter of JS MinesetA Popular QuestionBecause we have received a dozen or more questions on the same topic, I thought it might be a good idea to discuss. Michael Pento was recently interviewed by Greg Hunter They spoke about many topics inc...Read More
By Avi GilburtFirst published on Sun May 6, 2018 for members : A sideways correction lasting a year and a half certainly does a lot to sour investors on a market. And, even though we have not dropped below 20 in GDX this entire time and the GLD has been consolidating just under its breakout region for months, the bearishness and frustration in the complex is palpable. In fact, I have even...Read More
* Banks call for visa waiver for internal staff moves * Banks seek to avoid immigration caps after Brexit* Report warns sector will suffer without access to talent(Adds comment from Home Office)By Andrew MacAskill and Huw JonesLONDON, May 11 (Reuters) - Global banks in Britain arecalling for a special work visa waiver after Brexit to preservethe City of London's standing as a top global financial...Read More
Breaking down a low-risk/high-reward version of the long strangleVolatility can be a serious headache for a stock trader. Fortunately, the beauty of options is that there are severalstrategies that allow traders to capitalize off wild price swings. The long guts strategy, or the in-the-money strangle, is one such strategy: it allows bullish or bearish speculators to maintain a directional bias and...Read More
In last week's letter, I mentioned an insightful comment my friend Peter Boockvar made at dinner in New York: "We now have credit cycles instead of economic cycles." That one Continue...Read More
Every evening, I walk through a steep, narrow road from McLeod Ganj, where Mr. Dalai Lama lives, to my home down the hill.A large dog runs madly around his house like a wild animal, trying to jump over the fence whenever he sees me. I find this strange because I am no threat to him. If he wants to socialize with me, he could have politely negotiated with his Buddhist human. I think he is being v...Read More
By Ryan WildayOver the last few months, I have released a couple articles suggesting a potential bottom was in for the crypto market. Unfortunately, support levels that I called out did not hold, so I had to look lower.I am writing anew having seen a very bullish pattern off the recent lows struck on April 1. Currently, most of the coins we track have the "impulsive five," a pattern we look for...Read More
Earnings at ArcelorMittal's Brazilian unit increased by 50.41% year-on-year in the first quarter of 2018, amid stronger steel demand and higher prices.ArcelorMittal Brasil's earnings before interest, taxes, depreciation and amortization (Ebitda) came to $370 million in the first quarter, up from $246 million in the corresponding period in 2017, the company said on Friday May 11.The growth was due...Read More
The Wealth Watchman and Louis Cammarosano dive into the latest silver news including the one question every stacker must ask themselves...Wealth Watchman original article and interview with Louis Cammarosano From The Wealth Watchman United Against the BankstersGreetings, shield brothers! Recently I sat down with my good friend, Louis, from Smaulgld.com, to talk about a great many things.Among...Read More
By Amrith Ramkumar and David Hodari A declining dollar boosted gold and other metals for the second straight session Friday, but the yellow metal erased its slight early gains as worries about higher interest rates continued to hinder its momentum. Front-month gold for May delivery declined 0.1% to $1,319.00 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices have stay...Read More
The brokerage firm downgraded the retail stock and lowered its price targetDepartment store chain Kohl's Corporation (NYSE:KSS) is trading lower this morning, after receiving a downgrade to "neutral" from "outperform" and a price target cut to $64 from $72 from Credit Suisse. Analyst Michael Binetti said near-term risks could translate into a tough 2018 for the retailer, including weather-related...Read More
"He assured us that the resources will be used to calm the market and reactivate the economy. The president gave us a lot of reassurance in terms of the scope and conditions of the agreement with the IMF."Continue...Read More
FLORENCE (Reuters) - The euro zone needs a new, common “fiscal instrument” if it is to ensure its member countries are not pulled apart by an economic shock, European Central Bank President Mario Draghi said on Friday.“We need an additional fiscal instrument to maintain convergence during large shocks, without having to over-burden monetary policy,” Draghi said.“Its a...Read More
Global demand for gold is increasing while new discoveries of gold remain small Gold mining output in Australia is forecast to decrease by 50% in the next eight years Decline in global gold mining supply makes a price increase almost certainGold nugget (placer gold) from Colorado, USA. Source: Commons.wikimedia.orgby Lawrence Thomas, Gold TelegraphThe demand for gold is increasing, yet new di...Read More
The NuevaUnion gold and copper project in northern Chile plans to deliver its environmental impact statement by the end of 2018 after completing feasibility studies earlier this year, a source at the mine said on Friday.The project joins two mines - one belonging to Goldcorp and the other to Teck Resources - into one. The company said preliminary investment could reach $3.5 billion."The plan is to...Read More
Busy, busy, busy. It’s easy to get overwhelmed and it’s easy to make excuses for why we aren’t getting anything done. Our jobs demand a lot is us, there’s traffic to fight, and the distractions of TV and Facebook are just a click away. But you have to act in order to move forward. You have to break out the mental bondage of feeling overwhelmed and helpless. To help jumpstar...Read More
Global ferrous scrap prices were mostly going higher during the working week ended Friday May 11 with prices beginning to climb out of the price trough.Turkish buyers were mostly on the market sidelines due to higher offers and sluggish demand, but a deal concluded at higher prices supported their negotiating position.Upticks in US ferrous scrap export prices to Turkey were capped by a large reduc...Read More
Analysts remain mostly bullish on the biotech stockHalozyme Therapeutics, Inc. (NASDAQ:HALO) stock is down 9.3% to trade at $18.12 this morning, after the biotech company reported first-quarter revenue short of analysts' forecasts, as well as a weaker-than-expected full-year guidance. In response, Halozyme was downgraded to "underweight" from "equal weight" at Barclays.HALO stock is now on trac...Read More
(Reuters) - Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds ($3 billion), landing the Daily Mail publishing group a 642 million pound windfall for cashing out ofonline property portals.Along with rival and market leader Rightmove, ZPG dominates online searches by people looking to buy or rent homes in Britain. Zoopla's sites carry property listings for nearly 15,000...Read More
"Mr Staley's actions fell short of the standard of due skill, care and diligence expected of a CEO in a regulated firm," the FCA stated.Continue...Read More