The comments above & below is an edited and abridged synopsis of an article by Jim RickardsThe physical fundamentals are stronger than ever for gold. Russia and China continue to be huge buyers. China has banned the export of its 450 tons per year of physical production.Gold refiners are working around the clock and cannot meet demand. They are also having difficulty finding gold to refine as mini...Read More
SD Midweek: Big set-ups right now in gold & silver. The window of opportunity is closing fast. Here's why..Here's an inflation statistic that doesn't get observed that much, but it goes to show just how much everything costs way more than it did just a few years ago.We adopted a puppy from the shelter around Christmas 2011. The cost of adoption was $65. That included the shots, chip and sterilizat...Read More
Every mining subsector has its unofficial leader. It's that company - usually with the largest market capitalization - that has arguably the best combination of top mineral deposits, superb operations, savvy management, high-quality workers, technical excellence, welcoming jurisdictions, a stable balance sheet and steady cash flow.And that is what's particularly distressing about the revelation in...Read More
Every once in a while a technology comes along that upsets an entire industry.Digital cameras put Kodak out of business. The giant of the photography industry had the opportunity to adopt the technology early. But their profits depended on selling film more than selling cameras.And this is not a new phenomenon.When the printing press was invented in the 15th century, it revolutionized education fo...Read More
Every once in a while a technology comes along that upsets an entire industry.Digital cameras put Kodak out of business. The giant of the photography industry had the opportunity to adopt the technology early. But their profits depended on selling film more than selling cameras.And this is not a new phenomenon.When the printing press was invented in the 15th century, it revolutionized education fo...Read More
It was a record-setting session on Wall Street today. Not only did the Dow Jones Industrial Average (DJIA) and Nasdaq Composite (IXIC) hit record highs, but the S&P 500 Index (SPX) topped 2,600 for the first time ever -- and Goldman Sachsraised its 2018 target for the benchmark to 2,850, based on expectations for tax reform. Tech stocks led the path higher, while a strong batch of earnings reports...Read More
U.S. stocks have rallied to record levels today. Among those making the biggest moves are semiconductor stock Mellanox Technologies, Ltd. (NASDAQ:MLNX), transportation industry services provider Cubic Corporation (NYSE:CUB), and drugmaker Celsion Corporation (NASDAQ:CLSN). Here's a quick look at what's moving shares of MLNX, CUB, and CLSN. Starboard Stake Provides Tailwinds for Mellanox Techno...Read More
Tech stocks are leading the stock market rally today, and chipmaker Micron Technology, Inc. (NASDAQ:MU) is soaring right alongside its sector peers. At last check, the shares were up 3.8% to trade at $49.46 -- fresh off a 16-year high of $49.56 -- after Evercore ISI called Micron "the strongest stock within the [semiconductors and technology] group," and said the equity could surge another 25%. Op...Read More
The Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) ended last week in the red, marking their first back-to-back weekly losses since August. What's more, the indexes haven't suffered a three-week losing streak since mid-2016 -- and it's not looking like another weekly loss is in the cards, with stocks at record highs. There have been just six calendar years in history where the Dow and...Read More
While "Grand Theft Auto" parent Take-Two Interactive Software, Inc. (NASDAQ:TTWO) continues to bask in its earnings victory earlier this month, sector peer Electronic Arts Inc. (NASDAQ:EA) has found itself in hot water, after extensive backlash related to micro payments in its latest high-profile video game "Star Wars: Battlefront II". Below, we will check in with EA to see how the video game stoc...Read More
A tech rally and a relatively strong batch of corporate earnings are lifting U.S. stocks today. The Dow Jones Industrial Average (DJIA) is well into triple-digit-gain territory, and the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are rallying impressively, as well, with all three benchmarks notching record highs. The major indexes are on pace for back-to-back wins, even as trading volumes rema...Read More
ServiceNow Inc (NYSE:NOW) has been on a roll this year, adding 70% in 2017. The cloud stock has pulled back after hitting an all-time high of $129.56 on Oct. 23, but this pullback has been contained by the shares' rising 40-day moving average, which has served as support since mid-July. As such, it looks like a prime time to bet on the security's next leg higher. Despite NOW's surge up the char...Read More
U.S. stocks are surging this morning following a fresh round of earnings reports, with the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) fresh off record highs. However, jewelry maker Signet Jewelers Ltd. (NYSE:SIG), shoe peddler DSW Inc. (NYSE:DSW), and biotech Cytokinetics, Inc. (NASDAQ:CYTK) are three stocks currently short-sale restricted (SSR), after barreling lower this morning. Here's a c...Read More
Analysts are weighing in on media stocks -- and merger hopefuls -- Time Warner Inc (NYSE:TWX) and AT&T Inc. (NYSE:T), as well as fellow telecommunications name Verizon Communications Inc. (NYSE:VZ). Here's a quick roundup of today's bearish brokerage notes on shares of TWX, T, and VZ.Oversold Time Warner Stock BouncesTime Warner shares are up 0.6% to trade at $88.25, even as Barclays cut its pric...Read More
Analysts are weighing in on Dow stock Boeing Co (NYSE:BA), retailer Urban Outfitters, Inc. (NASDAQ:URBN), and cybersecurity expert Palo Alto Networks Inc (NYSE:PANW). Here's a quick roundup of today's bullish brokerage notes on shares of BA, URBN, and PANW. Jefferies Bumps Up Price Target On BA Stock Boeing stock is trading up 0.6% at $266.08 this morning, just below its Nov. 8 record high of $26...Read More
Dow Jones Industrial Average (DJIA) futures arehigher this morning, flirting with a triple-digit lead, after the index kicked off Thanksgiving weekin the black yesterday. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also pointed higher ahead of what should be another light-volume session. Traders are digesting the latest batch of earnings from the retail sector, with Urban Outfitte...Read More
Love him or hate him, President Trump isn't one to run from criticism.He embraces it.Whether this is a positive or negative characteristic of his, well... that may just depend on whom you ask. Unfortunately for his critics, he's got one rather large advantage on his side: He does currently reside in the White House.I know that thought doesn't sit well with a vast majority of Americans, but it's si...Read More
Clive Maund says that with the COT in the "middle-ground" of bearish and bullish, silver does have room to run. Here's the details...by Clive Maund of Streetwise ReportsAt the same time that gold broke out of a coiling pattern to the upside on Friday, silver broke out of a Symmetrical Triangle pattern shown on its 6-month chart below. Volume was lacking on this breakout, however, and the same rese...Read More
Keith says China and Russia are accumulating gold because they know there's only one way to right the system, and it doesn't include the dollar...Editor's Note: Here's some great insights into gold and silver, and also of note is the fact that Keith is an actual miner of physical silver (he's the CEO of First Majestic Silver Corp which operates six silver mines in Mexico) and a guy who knows somet...Read More
Eric Coffin, Editor of HRA Advisories, interviews Regulus Resources Inc., John Black, CEO & Director at the November 10+11, 2017 Metals Investor Forum.________________________________________________________________The companies presenting at the Metals Investor Forum are as vetted as it gets - they have already cleared the high hurdle of earning the coverage from the newsletter writers' as compan...Read More