Growing job market in the U.S.

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Before we dive in let’s first understand the basics. Now, what is the job market? Well in simple terms, the job market is the market in which employers search for employees and employees search for jobs. The job market is also directly related to unemployment. The higher the unemployment rate, the greater the supply of… Read More

Fate of South African gold rests on giant, loss-making mine

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(Bloomberg) — Three thousand meters below the plains southwest of Johannesburg, teams of miners are toiling to revive the gold industry that underpinned South Africa’s economy for generations. The South Deep mine was built to target the world’s second-biggest known body of gold-bearing ore, a deposit that could produce for the next 70 years and slow… Read More

Bitcoin Miners See a Bullish Breakout on the Horizon

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The price of bitcoin surged above $8,000 last Tuesday for the first time since May after the Group of 20 (G20) meeting in Argentina concluded with little urgency to take regulatory action on cryptocurrencies. In a communiqué, G20 finance ministers and central bank governors expressed confidence that the technology underlying alt-coins “can deliver significant benefits… Read More

Tesla Sued For Sexual Discrimination By Former Retail Workers

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Another day, another lawsuit for Tesla, another set of bizarre tweets from Elon Musk. According to Bloomberg, three former retail employees of SolarCity, the solar-panel installer acquired by Tesla in November 2016 under controversial circumstances (and allegations of less than arms-length dealings between related parties), have sued the company, alleging that managers discriminated against them on… Read More

Is China's Easing Offensive Or Defensive?

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Over the past month we have observed China announcing a slew of easing measures, both monetary and fiscal, in quick succession: there has been a cut in the reserve ratio requirement (RRR) for commercial banks, easing of regulatory norms to support broader credit growth, a call for more “proactive” fiscal policy, and accelerated issuance of… Read More

Discussion at the BRICS Summit included finding ways to bypass current global financial system if U.S. and Europe continue to be ruled by central banks

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As the 2018 BRICS Summit came to a close on Friday, few if any media outposts mentioned an intriguing discussion that took place between the original BRICS members of Brazil, Russia, India, China, and South Africa, and their added partners of Argentina, Indonesia, Nigeria, and Turkey. By this we mean that during the three day… Read More

Return To Reality

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Authored by Lance Roberts via RealInvestmentAdvice.com, Market Is Back To Very Overbought As I noted last week: “What happens in the middle of the week is of little consequence to us. We are only truly interested in where the week ends. In that regard, the bulls remained stuck at the ‘Maginot Line’ which continues to keep the majority of… Read More

The FAANG-nary In The Coal Mine

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Authored by Adam Taggart via PeakProsperity.com, The long-awaited breakdown in sentiment is finally here… Two weeks ago, I issued a report to Peak Prosperity’s premium subscribers, warning of an imminent downwards re-pricing of the FAANG stocks. I even made a rare recommendation for taking an active short position against them (one now up 18%). That report proved… Read More

3 Tech Stocks That Are Great Prospects For Growth Investors

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…Growth investors are primarily focused on finding companies whose earnings and revenue are expected [to]grow at a rate that outpaces the market. This investment strategy comes with its fair share of risks, but it also brings the exciting possibility of outsized returns—an end goal that every investor desires. Check out the 3 tech stocks below for… Read More

Steve "Big Short" Eisman Is Now Shorting Tesla

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Elon Musk’s week just got a lot worse… Having sent lewd photos to one critic and threatened legal action to another critical blogger, we wonder what billionaire Musk will do now that Steve “The Big Short” Eisman is explicitly shorting Tesla stock. “Elon Musk is a very, very smart man but there are a lot… Read More

AngloGold Says There's No Escaping Demise of South African Gold

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(Bloomberg) — South Africa’s gold industry, once the world’s largest, faces an inevitable decline, according to the chairman of the country’s biggest producer of the metal by market value. Output will continue to shrink as miners chase ever-deeper ore bodies while struggling to keep costs down, said AngloGold Ashanti Ltd. Chairman Sipho Pityana. That means the… Read More