There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come… by Steve St Angelo of SRSrocco Report Something quite interesting took place in the silver market last week. There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come. In my
Month: August 2020
Go to this article Posted August 3, 2020 10:24 by goldseek (Denver, Colorado – August 1, 2020) Today marks the 25th year anniversary for GoldSeek.com, a leading gold news and financial information website established in 1995. The GoldSeek website is ranked as one of the most visited gold websites in the world. On this 25-Year Anniversary, GoldSeek.com is
Firing on all cylinders since its March low, where is the stock market going? Not just in the back half of 2020, but ten years down the line. Going beyond the near-term, the strategists at Goldman Sachs, led by David Kostin, looked at valuations, bond market forecasts, investor allocations, dividend growth expectations as well as
Take a look at some of the biggest movers in the premarket: ADT (ADT) – Alphabet’s (GOOGL) Google unit will invest $450 million for a 6.6% stake in ADT, as part of a partnership that will see ADT offer Google’s Nest smart home devices to its customers. Each company will also commit $150 million to
As trading becomes more accessible, as a result of the proliferation of online and discount brokerage firms, more people are participating in the stock market. However, as an individual or sole proprietor, traders cannot take advantage of some of the tax advantages and asset protection strategies that are available to companies. Working as an independent
Virgin Galactic Space tourism venture Virgin Galactic announced it signed an agreement with Rolls-Royce to develop an aircraft for supersonic travel, giving a first look on Monday of the coming vehicle’s design. Supersonic travel is a long-term bet for Virgin Galactic, which has been developing reusable spacecraft capable of sending people on short trips to the
Société Générale slumped to a surprise loss in the second quarter after the French bank took a hefty charge as part of an overhaul of its struggling investment bank. The results heaped further pressure on chief executive Frédéric Oudéa, the longest serving head of a large European bank, as the share price fell to 60
Hammerson is readying a £600m cash call to help it through the next few months, as the UK’s largest shopping centre owner scrambles to plug a hole left by unpaid rent and avoid the fate of its collapsed rival Intu. The shopping centre operator, which owns the Bullring in Birmingham, Brent Cross in London and
The Tel Aviv Stock Exchange (TASE) plans to launch its blockchain-based securities lending pool in November. In an announcement on July 28, TASE said the platform will serve an essential function in the country’s capital markets, which currently lack a central system for securities lending. Contrary to the current set-up —— which fails to meet
Principal at Morgan Properties, a real estate investment and management company that’s the fifth largest apartment owner in the country. getty Since March, the economic impact of Covid-19 has continued to unfold globally. The rapid pace at which the pandemic has spread and global actions to curtail it are having unprecedented repercussions on the way we
Vodafone’s heat-detection camera captures a person walking into an office building. Vodafone As employers around the world figure out how best to return workers to the office, tech companies are hoping that gadgets and software could help the process. The coronavirus pandemic and resulting lockdowns have left offices around the world empty. And while there’s
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often referred to as the “principal book,” and entries can be recorded in stone, parchment, wood, metal, and
the Caribbean coastline of Grand Cayman gets battered in a hurricane. getty Today’s market offers many alternative ways to pursue profits and hedge risk As a South Floridian, the best analogy I can make to the last few years in the stock market is to hurricane season. The thing about hurricanes is that they have
The Lexington-Fayette, Ky., Urban County Government Public Facilities Corp. will sell by competitive bid $33.19 million of taxable refunding bonds on Tuesday, in its first-ever “scoop and toss” deal. The bonds will restructure up to three years of payments on bonds issued by the Kentucky Bond Development Corp. in 2018 to finance a comprehensive renovation
Silver has been on the foot, falling alongside other precious metals and assets as the US dollar is reasserting its strength in August. Can XAG/USD return to the highs seen in July? The technicals are pointing lower despite fundamental reasons to see higher silver prices. XAG/USD was pushed higher by the increase in XAU/USD –
Did the big summer investment rush pull forward some of gold’s autumn rally, or will demand still grow like usual and push gold and the gold stocks higher? by Adam Hamilton of Zeal LLC The gold miners’ stocks have rocketed higher this summer, smashing out of their usual summer-doldrums sideways grind. That atypical strength has
Incyte (INCY) and MorphoSys (MOR) have announced that the US Food and Drug Administration (FDA) has approved Monjuvi (tafasitamab-cxix) plus lenalidomide for adults with relapsed or refractory diffuse large B-cell lymphoma (DLBCL) not otherwise specified. This includes DLBCL arising from low grade lymphoma, and patients who are not eligible for autologous stem cell transplant (ASCT). DLBCL is
Many investors wonder whether they should invest in stocks. Before deciding to invest, it’s important to have an accurate understanding of stocks and trading rather than blindly accepting common myths. Here are five of those myths and the truth behind them. Key Takeaways Investing is not the same as gambling because investing increases the overall
India’s home minister joins list of BJP figures with Covid-19 Amy Kazmin in New Delhi One of India’s most senior leaders has been admitted to hospital with the potentially deadly coronavirus, one among a series of top Bharatiya Janata party stalwarts to be afflicted. Amit Shah, the powerful home minister, tweeted that he had been
Marathon Petroleum has agreed to sell its Speedway petrol stations business to Seven & i Holdings in a $21bn all-cash deal, five months after the Japanese owner of the 7-Eleven convenience store chain halted talks in the midst of the coronavirus crisis. Having earlier failed to agree on pricing, the Japanese retail giant decided to
U.S.-based corporate travel firm CWT paid $4.5 million in a Bitcoin ransom to hackers who stole sensitive files from the company. According to a July 31 report from Reuters, representatives from CWT (formerly Carlson Wagonlit Travel) paid ransomware hackers 414 Bitcoin (BTC) on July 27 — roughly $4.5 million at the time — over two
Founder and CEO of the pioneering home hospitality brand, D. Alexander, and the Founder and Managing Partner of D. Alexander Capital. getty A few years ago, a thought came to me about the future of homeownership and hospitality while I was road tripping down Highway 1 to stay at a short-term home. I was trying to
Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to 63 terahash per second (TH/s). The two
getty The pandemic inspired economic shutdowns have had a demonstrably negative impact on the economy. The Department of Commerce’s U.S. Bureau of Economic Analysis (BEA) issued its first preliminary estimate of second quarter Gross Domestic Product (GDP) and it was devastating. While a “second” estimate will be released later this month, the BEA announced the
Jacksonville, its city-owned JEA utility and Georgia-based MEAG Power Thursday announced a settlement of all the legal issues between them. Since September 2018, JEA has been in court attempting to shed the 20-year, take-or-pay power purchase agreement that requires it to pay debt service on bonds and U.S. Department of Energy-backed loan guarantees issued to
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) Gold is on a cusp of $2,000 an ounce level. Can the yellow metal continue its historic price rally and breach this level,
The lockdown and its consequences have brought a foretaste what is to come: a permanent state of fear, strict behavioral control, massive loss of jobs, and… by Antony P. Mueller via Mises The lockdown in the wake of the coronavirus pandemic has accelerated the implementation of long-held plans to establish a so-called new world order. Under the auspices of
Siemens Healthineers AG (SEMHF) announced on Sunday that it plans to acquire U.S. cancer device and software company Varian Medical Systems (VAR) in an all-stock deal valued at $16.4 billion. As part of the purchase agreement, Siemens will acquire all of Varian’s shares for $177.50 per share in cash, which reflects a 24% premium to
Labor unions have existed in the United States since the birth of the country. A labor union is an association of workers that is formed to protect and further their rights and interests. The formation of a labor union–or a trade union–allows for an organized group of workers to come together to make decisions about
Getty Images The majority of companies have now reported their earnings, revealing the winners and losers from the ongoing coronavirus pandemic. Although many companies failed to meet analyst expectations, there are some notable exceptions. And with these fresh insights, analysts are reviewing their short-term and long-term take on the stocks they cover. In this unprecedented