(from my colleague Dr. Win Thin) MSCI announced it will include 222 China Large Cap A-shares in its Emerging Markets Index. Czech central bank is pushing out rate hike expectations. Hungary central bank eased again using unconventional measures. MSCI announced that it has launched a consultation on reclassification of Saudi Arabia from Standalone to Emerging […]
Many investors think that dividend stocks are only for stodgy portfolios or retirees. Whether you are a newbie or are on the brink of retiring, you get quarterly or annual income from stocks that pay dividends. You can also benefit from the potential for capital gains. In short, high-yielding dividend stocks can give your portfolio […]
The over-criminalization of America has undermined justice, the rule of law and legal egalitarianism. While the corporate media devotes itself to sports, entertainment, dining out and the latest political kerfuffle, America has become the Over-Criminalization Capital of the World. The proliferation of laws and administrative regulations, federal, state and local, that carry criminal penalties has swollen […]
DoubleLine Capital’s Jeffrey Gundlach thinks Washington is trying to get in the way of President Trump’s agenda by “running out the clock on his administration.” This according to a recent article in Bloomberg. The article outlines comments made by Gundlach during the televised Senate testimony by Attorney General Jeff Sessions in which he argues: The probability […]
Snippet: One of the saddest things about Britain’s recent general election was the level of ignorance displayed by all parties on the broad subject of political economics. I use the term to include both political philosophy and pure economic theory. Author(s): Alasdair Macleod One of the saddest things about Britain’s recent general election was the […]
I warn you… I’ll get hate mail for this. I am a bad person. Perhaps, I spent too much time in European cities because Athens and Greece in particular always failed to impress me. Ok, they have a lot of crumbly buildings. But so do every other country in the region. Ephesus is more impressive […]
Glencore added another $100m to its offer for Rio Tinto’s Australian coal assets, Coal & Allied (C&A) and said it would forfeit the premium it had pitched over a competing bid if it failed to receive full regulatory support. The Swiss-based miner and minerals marketing firm said today it would pay $2.67bn in cash as […]
Headline monthly reporting of New Home Sales remained of no substance, short term, as seen most frequently here with massive, unstable and continuously shifting revisions to recent history, along with statistically – insignificant monthly and annual changes that just as easily could be a gain or a loss. – John Williams, Shadow Government Statistics If […]
This post Coming Soon: The Great Bitcoin Crash? appeared first on Daily Reckoning. It’s insanely overbought… The rally is unsustainable… When it cracks, look out below… No, I’m not talking about the stock market. I’m talking about bitcoin. Speculators have gone totally gaga over cryptocurrencies this year. Bitcoin has tripled in value since late March. […]
Since its 1990’s beginnings as an online bookseller, Amazon has grown into a behemoth that has “irreversibly changed the way consumers shop for everyday goods and read and watch media and entertainment,” writes Validea CEO John Reese in a recent article for Nasdaq. But scoring a hidden gem like Amazon early on, says Reese, is […]
Snippet: Today, we’re going to start with an interview with billionaire Frank Giustra – perhaps, Canada’s most famous mining stock promoter. Who, in this interview, comes as close to accusing gold of being manipulated as mainstream investors are “allowed.” Friday, June 23rd Today, we’re going to start with an interview with billionaire Frank Giustra – […]
In 15 years of Cartel, PPT, and Fed “watching,” I’ve not seen anything like the manipulations since Election Day – which is quite amazing, considering the powers that be were clearly aligned with the status quo fronted by Hillary Clinton, and her band of criminal bankers, corporate CEOs, globalist politicians, and “fake news” mainstream media. […]
SOUTH Africa mines minister, Mosebenzi Zwane, told Reuters the mining industry was “negotiating in bad faith” by turning to the courts to object to the Mining Charter. However, he was open to talks with mining companies, although he added that changes to the Mining Charter, published on June 15, could not be guaranteed. Zwane was […]
Shares in Ecuador-focused miner SolGold (LON:SOLG) got a fresh boost Friday after the company updated the market on its Cascabel copper-gold project and announced it had received an initial approval to list on the Toronto Stock Exchange (TSX). Assay results from SolGold Cascabel asset, which has been compared to Rio Tinto’s world class Oyu Tolgoi copper […]
Snippet: Shanghai is leading the way up again, albeit the rises are not that significant except to give the next direction. The gold price appears to have bottomed in all three global gold markets. We therefore must adjust our assessment of the gold price’s direction accordingly. While the Technical picture still remains a guide, the […]
Japan’s Ministry of Finance reports portfolio flows on a week weekly basis. It provide more timely, even if less detailed information than contained in the monthly balance of payments data. In the first few months of the year, Japanese investors were net sellers of foreign stocks and bonds. However, this has changed in the […]
This post Saudi Strikes Back Against U.S. Shale appeared first on Daily Reckoning. Here we go again… The price of oil is plunging. For the first quarter of 2017 West Texas Intermediate (WTI) held a pretty stable range between $54–58 per barrel. Now it is back to the roller coaster that we have been on […]
Go for Gold – Win a beautiful Gold Sovereign coin The Irish Times has teamed up with GoldCore, Ireland’s first and leading gold broker, to offer you the chance to win a beautiful, freshly minted Gold Sovereign coin (2017) which contains nearly one quarter of an ounce of gold and is ‘investment grade’ 22 carat […]
Chilean authorities have confirmed that Mandalay Resources’ (TSX:MND) underground mine is completely inundated, including a shelter rescuers were hoping two trapped miners had reached following an incident that cause Delia NW, part of the Cerro Bayo complex, to flood. Geologist Felipe Matthews, one of the heads of the rescue team, said results of the latest probe “clearly indicate” […]
The US dollar is trading lower against all the major currencies today, which pares its earlier gains. The greenback is holding on to small gains for the week against most of them, except the New Zealand dollar, Swiss franc and Norwegian krone. After a quiet week for data, the flash manufacturing PMI for Japan and […]