We don't usually think of companies like Potash Corporation of Saskatchewan (TSX-POT) as bargain stocks. But about a year ago Russia's Uralkali quit one of the world's two big potash cartels precipitating a world-wide price war for this vital crop nutrient and driving down the share prices of companies that produce it.But Saskatoon-based PotashCorp has been recovering and since March its shares ha...Read More
Housefires - Good Good Father (feat. Pat Barrett) from the album, "HOUSEFIRES II" - now available on iTuneshttps://itunes.apple.com/us/album/hou... Chords and Lyrics below__________________________________Good Good FatherWritten by Pat Barrett and Tony BrownKey: A (Capo 2nd Fret with G shapes)Verse 1:G GI've heard a thousand stories of what they think you're likeG Gbut I've heard the tender whispe...Read More
German economy 'losing steam' as business confidence plunges again … Survey of optimism among companies adds to gloom enveloping Europe's biggest economy … Germany's businesses are rapidly losing confidence in the prospect of a recovery in the eurozone, in a further blow to the single currency's biggest economy. Companies' assessment of the business climate is n...Read More
Uber taxi service banned in Berlin on safety grounds… German capital follows Hamburg with vote to ban taxi app firm, saying it does not protect passengers from unlicensed drivers … Berlin has voted to ban Uber on safety grounds as the app-enabled taxi service continues to run up against resistance in Germany. Officials said the Californian company, which operates in 110 cities around t...Read More
German economy 'losing steam' as business confidence plunges again … Survey of optimism among companies adds to gloom enveloping Europe's biggest economy … Germany's businesses are rapidly losing confidence in the prospect of a recovery in the eurozone, in a further blow to the single currency's biggest economy. Companies' assessment of the business climate is n...Read More
Uber taxi service banned in Berlin on safety grounds… German capital follows Hamburg with vote to ban taxi app firm, saying it does not protect passengers from unlicensed drivers … Berlin has voted to ban Uber on safety grounds as the app-enabled taxi service continues to run up against resistance in Germany. Officials said the Californian company, which operates in 110 cities around t...Read More
Here's what it will take to trigger the next stock market correction … As Wall Street hit another new record Thursday, it is worth considering what could cause a serious setback in stock market prices around the world. Since I started writing this column in 2012, I have repeatedly argued that the rebound in stock market prices from their nadir in the 2008-09 global financial crisis was t...Read More
Nobel gurus fear globalization is going horribly wrong … An interconnected world was meant to reduce inequality – but that doesn't seem to be happening. David Ricardo's Theory of Comparative Advantage has broken down after 200 years, or so I learned at the Lindau forum of Nobel laureates in Bavaria. The theory published in 1817 has been a guiding principle of free trade, taken...Read More
Here's what it will take to trigger the next stock market correction … As Wall Street hit another new record Thursday, it is worth considering what could cause a serious setback in stock market prices around the world. Since I started writing this column in 2012, I have repeatedly argued that the rebound in stock market prices from their nadir in the 2008-09 global financial crisis was t...Read More
Nobel gurus fear globalization is going horribly wrong … An interconnected world was meant to reduce inequality – but that doesn't seem to be happening. David Ricardo's Theory of Comparative Advantage has broken down after 200 years, or so I learned at the Lindau forum of Nobel laureates in Bavaria. The theory published in 1817 has been a guiding principle of free trade, taken...Read More
Rob Gottschalk & Jennie Fuhrman ALS Ice Bucket ChallengeRead More
Christos Doulis, an analyst with Western Canadian-based PI Financial, is giving top billing to Premier Gold Mines Limited. (PG-TSX) adding it to his coverage list as a "speculative buy."He's also handing it a 12-month price target of $3.75 a share. He writes:An exploration and development outfit focused on North America, Premier boasts multiple gold projects in proven mining districts.In addition...Read More
At least 37 people have died after a gold mine located 60 km north of the Central African Republic town of Bambari collapsed, burying about 30 workers.The mine is owned by Canadian Axmin (CVE:AXM), but was taken over by rebels over a year ago, who now control the area.According to local media, the accident was due heavy rains that made the pit in which the miners were working collapse. A governme...Read More
Eric Coffin, editor of the HRA Journal, and Gwen Preston, editor of Resource Maven, discuss gold, zinc and copper companies that show growth potential. The two newsletter writers provide in-depth commentary on Constantine Metal Resources Ltd., Precipitate Gold Corp. and Rockhaven Resources Ltd. Coffin and Preston also give an overview of what they learned during their recent mining site visits.Read More
This week, returning guest Jeb Handwerger, editor of Gold Stock Trades, came on the show to talk about current world events and the potential 'black swan' events, which could spark off a rally in commodities. This was a very interesting conversation, given the seriousness of the situation in Eastern Europe, as well as the situation in the Middle East.When asked what the current geopolitical landsc...Read More
Janet Yellen Takes On Jackson Hole … The economic-policy debate in the U.S. is moving from, "Why is the recovery so sluggish?" to "Is inflation starting to get out of hand?" This shift is premature, to say the least. Federal Reserve Chair Janet Yellen should say so Friday when she addresses the annual summer confab of central bankers in Jackson Hole, Wyoming. – Bloo...Read More
Islamic State threat 'beyond anything we've seen': Pentagon … The sophistication, wealth and military might of Islamic State militants represent a major threat to the United States that may surpass that once posed by al Qaeda, U.S. military leaders said on Thursday. "They are an imminent threat to every interest we have, whether it's in Iraq or anywhere else," Defen...Read More
Janet Yellen Takes On Jackson Hole … The economic-policy debate in the U.S. is moving from, "Why is the recovery so sluggish?" to "Is inflation starting to get out of hand?" This shift is premature, to say the least. Federal Reserve Chair Janet Yellen should say so Friday when she addresses the annual summer confab of central bankers in Jackson Hole, Wyoming. – Bloo...Read More
Islamic State threat 'beyond anything we've seen': Pentagon … The sophistication, wealth and military might of Islamic State militants represent a major threat to the United States that may surpass that once posed by al Qaeda, U.S. military leaders said on Thursday. "They are an imminent threat to every interest we have, whether it's in Iraq or anywhere else," Defen...Read More
Nobel economists say policy blunders pushing Europe into depression … German Chancellor Angela Merkel defends eurozone and says it is hard to manage a currency for 18 states … Professor Joseph Stiglitz said austerity policies had been a 'disastrous failure' and are directly responsible for the failed recovery. – UK TelegraphDominant Social Theme: The central bankers have...Read More