There's a trendline battle shaping up on a daily chart of the Direxion Daily Gold Miners Bear 3X Shares (DUST) -- an exchange-traded fund (ETF) meant to deliver a triple-leveraged inverse return of a basket of gold mining stocks. While the descending 160-day moving average has kept a tight lid on all rally attempts since early May, DUST has recently established a credible foothold above its rising...Read More
Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) is filling an important space in the Push-to-Talk wireless industry, writes Jeff Kagan in U.S. publication, RCR Wireless News. PTT market is on a rebound both for the business marketplace and the rapidly growing FirstNet marketplace.As an industry analyst Jeff has been following the industry for over 30 years and is a RCR Wireless News Columnist...Read More
Consumers are demanding cleaner packaging and a move away from petroleum-based plastics. Bioplastics have become the fastest growing segment in the plastics industry.One company that is leading the charge in raising awareness of the potentially negative health impacts of chemicals in plastics is good natured Products Inc.(TSX-V:GDNP), writes Streetwise Reports.For a excerpt and a full link the...Read More
The Federal Reserve will be in focus next week, with an onslaught of central bank officials slated to speak in the lead-up to the mid-December Federal Open Market Committee (FOMC) meeting. With expectations running high that the Fed will pull the trigger on a December rate hike, the preliminary reading on third-quarter gross domestic product (GPD) should draw its fair share of Wall Street's attent...Read More
OK, so unless you live under a rock, you know electric vehicles are the future of transportation. In the same way the combustion engine replaced the steam engine, the fully electric motor is the next evolution. And you know EVs will depend on lithium-ion batteries to store energy. A fully electric vehicle without a lithium-ion battery is essentially a traditional car without a gas tank.So invest...Read More
The comments above & below is an edited and abridged synopsis of an article by Bill BlainThe ever-rising global stock markets don't matter; the truth is in bond markets. That's where the dam will break. The bond markets are the bubble to watch, starting with high yield.It wasn't just banks that benefited from too-big-to-fail; most collateralized loan obligations (CLOs) did, too. The 2008 global fi...Read More
The comments above & below is an edited and abridged synopsis of an article by Olivier GarretHaving seen the astounding rise in Bitcoin's value, those who remained on the sidelines are now kicking themselves for not buying it when it was first released. Surely they'd be millionaires by now.But is the meteoric rise of Bitcoin and other cryptocurrencies really an indication of true value?It seems th...Read More
The comments above & below is an edited and abridged synopsis of an article by Jeff ClarkWhen the economy skids into a recession most investors end up riding shotgun right along with it, and that means big losses for stock portfolios.Cycling through ups and downs, the economy overheats and growth slows, which affects company earnings and pushes stocks down.An allocation to bonds hardly makes up fo...Read More
The comments above & below is an edited and abridged synopsis of an article by Egon von GreyerzThe concentration of global wealth has reached dangerous proportions. The world's three richest people have a greater wealth than the bottom 50%. The top 1% has $33 trillion; the bottom 1% has debt of $196 billion.The interesting point is not just that the rich are getting richer and the poor poorer, but...Read More
The comments above & below is an edited and abridged synopsis of an article by M.N. GordonAs more money is issued relative to the output of goods and services in an economy, it is watered down and loses value. Price inflation is not rising prices; it's the loss of purchasing power resulting from an inflating money supply.In its October Consumer Price Index Report, the Bureau of Labor Statistics sa...Read More
G. Edward Griffin says that Kennedy was not assassinated because of EO 11110 since the order was more about transferring power than it was about silver...Editor's Note: Here's a link to the executive order as shown on The American Presidency ProjectG. Edward Griffin interviewed by World Alternative MediaDuring an interview Josh Sigurdson and John Sneisen conducted with G. Edward Griffin, author of...Read More
When settlers first arrived at Plymouth, their first attempts to survive were disastrous.It sounded like a good idea. They all shared and worked for the common good. They followed the tenet, "from each according to his ability, to each according to his need,” over 150 years before Marx coined the phrase.Everyone was expected to work in the fields planting and harvesting, and everyone got to...Read More
When settlers first arrived at Plymouth, their first attempts to survive were disastrous.It sounded like a good idea. They all shared and worked for the common good. They followed the tenet, "from each according to his ability, to each according to his need,” over 150 years before Marx coined the phrase.Everyone was expected to work in the fields planting and harvesting, and everyone got to...Read More
Lukas Lundin, Chairman of the Lundin Group of Companies, talks with Rick Rule about how the Lundin family has become so successful over the years.Lukas Lundin, Chairman of the Lundin Group of Companies, talks with Rick Rule about how the Lundin family has become so successful over the years.We provide media and marketing solutions for public and private companies to broadcast their story to a glob...Read More
It was a choppy, low-volume session on Wall Street, with traders carefully eyeing the November Fed minutes. While the policy-setting Federal Open Market Committee (FOMC) was upbeat on employment and the economy, some members are concerned that "elevated asset valuations" could lead to a sharp reversal in asset prices -- with potentially "damaging effects" on the economy. Against this backdrop, the...Read More
U.S. stocks are mixed ahead of the Thanksgiving holiday, though the Nasdaq Composite (IXIC) carved out a new high earlier. Among those making the biggest moves are online vehicle auction services provider Copart, Inc. (NASDAQ:CPRT), bitcoin biochain expert Riot Blockchain Inc (NASDAQ:RIOT), and Roomba maker iRobot Corporation (NASDAQ:IRBT). Here's a quick look at what's moving shares of CPRT, RI...Read More
Earlier today, Square Inc (NYSE:SQ) stock hit a new record of $49.55 -- marking its 10th consecutive session of all-time highs, fueled in large part by optimism over the mobile payment company's recent move to allow its customers to buy and sell bitcoin. However, SQ has since reversed course to trade down 1.7% at $47.24, on pace for its first daily loss in over a week.Meanwhile, the recent crop of...Read More
Oil prices have been climbing amid increased expectations members of the Organization of Petroleum Exporting Countries (OPEC) and non-cartel members will extend their production cut agreement at next week's meeting. This positive price action is continuing today, with January-dated crude futures up 1.9% at $57.88 per barrel, after data showed a surprise decline in domestic crude supplies. As such,...Read More
Stocks are bouncing around breakeven today, as trading volumes remain muted before the Thanksgiving holiday tomorrow. However, the Nasdaq Composite (IXIC) managed to touch a fresh record high in early action. And while the Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) trade in a tight range, many investors will likely stay glued to the market to see this afternoon's release of the Fe...Read More