BLSA rallies behind new ANC leadership – calls on urgent reforms

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From Business Leadership South Africa: Business Leadership South Africa congratulates the ANC delegates on the election of the new leadership team led by president Cyril Ramaphosa. Cyril Ramaphosa, newly elected ANC president. We call upon the new leadership of the ANC to now focus on the urgent task of addressing inequality, unemployment and poverty in […]

Tax Reform & The "Japanification" Of America

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Authored by Lance Roberts via RealInvestmentAdvice.com, On Friday, Kevin Brady of the House Ways and Means Committee was on my radio program discussing the “Tax Cuts & Jobs Act” bill which was released later in the day. Here are the details of the release he referenced in the interview. Of course, the real question is how are […]

Gold’s shooting star and its implications

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After three weeks of declines, gold finally moved higher last week. Was this move surprising? Not at all, if you read our analysis of the previous week’s huge decline in platinum. The sizable slide in the latter was likely to trigger at least a small rally and that’s what we saw last week. However, gold […]

The 5 Oil Factors To Watch In 2018

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Authored by Nick Cunningham via OilPrice.com, Oil prices are set to close out the year somewhere around 15 percent up, and the oil market looks more stable than it has in years. But what does 2018 have in store? Most analysts believe more of the same – inventory declines, some shale growth, a gradual increase […]

The perfect gold stock for revivalists

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Source: Clive Maund for Streetwise Reports   12/15/2017 Technical analyst Clive Maund charts a young gold company that he believes “is going places.” Beartrack Project, Idaho Revival Gold Inc. (RVG:TSX.V) is a young gold stock that looks like it’s going places. After starting trading in March it immediately went into a steady uptrend that later accelerated […]

FINAL ANC VOTE RESULTS: Ramaphosa 2440, Dlamini-Zuma 2261

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JOHANNESBURG — Cyril Ramaphosa has beaten his rival Nkosazana Dlamini-Zuma in the race to become president of the African National Congress (ANC). Final vote results released on late Monday afternoon indicated that Ramaphosa (with 2 440 delegates’ votes) received 568 more votes than Dlamini-Zuma (2 261), making him the ANC’s new president. The victory will […]

Gold miner Avocet to sell Burkina Faso assets

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Dec 18 (Reuters) – Struggling miner Avocet Mining Plc said it would sell its assets in Burkina Faso for $5 million to Ghana-based Balaji Group, staving off potential a bankruptcy for its units in the West African country. The sale, which includes the Inata gold mine and the Souma exploration project, is part of a […]

First Quantum buys option for stake in Northern Dynasty project

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Dec 18 (Reuters) – Northern Dynasty Minerals, owner of the Pebble copper-gold project in Alaska, said rival First Quantum Minerals acquired the option to buy half of the project for $1.50 billion. Under the agreement, First Quantum can make an option payment of $150 million over four years to buy the right to earn a […]

Europe, Brexit and the Credit Cycle

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Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, and partly due to evidence of economic recovery in the Eurozone, at long last. And finally, anyone […]

Investment Masterpieces

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This article was originally published on MastersInvest.com. Have you ever stopped to consider the difference between science and art? How some things fall rather naturally into one or other of the categories, (like the ‘science of engineering’ or the ‘art of film production’), yet many other things remain difficult to categorise. They may even belong to both. Part of the distinction […]

What Wall Street Won’t Tell You: Expect the Unexpected in 2018

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This post What Wall Street Won’t Tell You: Expect the Unexpected in 2018 appeared first on Daily Reckoning. Rejoice, investors! Prediction season is upon us! The financial web is now brimming with bold prognostications for stocks, bonds, commodities, and which celebrity is next in line to kick the bucket. Everyone from big bank analysts to […]