Month: February 2021

“…watching both the 30-Year Treasury Bond yield and the 10-Year real yield for the coming peaks in both that signal the bottom is in…” by David Brady via Sprott Money Last week, I shared my views on sentiment, technical analysis, and positioning with respect to Gold, Silver, and the miners in the short-term. I also
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In what has become an increasingly familiar pattern over the past year, Square (SQ) delivered another strong display when it reported 4Q20 earnings on Tuesday. Driven by surging Bitcoin demand, revenue increased by 141% year-over-year to reach $3.2 billion, beating Street estimates by $50 million. There was a beat on the bottom-line, too, with Non-GAAP
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Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – Foot Locker shares tanked 12.1% in premarket trading after quarterly revenue came in below Street forecasts and comparable-store sales unexpectedly declined. The athletic apparel and footwear retailer also reported quarterly profit of $1.55 per share, beating consensus by 20
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Women’s growing career and financial power doesn’t necessarily translate into long-term financial wellness. That’s the takeaway from a Merrill/Age Wave study, “Women & Financial Wellness: Beyond the Bottom Line.” “Women are driving big changes in the labor force, in their communities and workplaces, and in their homes,” said Sheri Bronstein, global human resources executive at Bank
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Robinhood fired back at Berkshire Hathaway Vice Chairman Charlie Munger, who earlier this week said the free trading app was having a “regrettable” impact on investors. The longtime business partner of Warren Buffett on Wednesday addressed the running controversy over Robinhood and similar applications, noting dangers from the allure of easy, free trading. “No one
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Nigeria’s vice president, Yemi Osinbajo, delivered a speech at an economic summit on Friday in which he spoke positively of crypto and blockchain.  “There is no question that blockchain technology generally, and cryptocurrencies in particular, will in the coming years, challenge traditional banking, including reserve banking, in ways that we cannot yet imagine,” Osinbajo said
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An insurance policy might pay for fire damage, but it’s not so simple if the property is under … [+] contract. RANJAN SAMARAKONE Commercial real estate documents need to deal with all kinds of hypothetical eventualities, so that if some possible risk actually hits, the parties know what will happen. In a perfect commercial real
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In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets. He adds that instead of “killing the goose that might lay the golden egg”, Nigerian monetary authorities must consider providing a “robust regulatory regime” that addresses their
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The Puerto Rico Oversight Board took steps to advance the territory’s overdue audited financial statements Friday. Board members have said current comprehensive annual financial reports are aimportant for Puerto Rico to ultimately sell bonds again. The Puerto Rico Oversight, Management, and Economic Stability Act indicates that Puerto Rico should have current financial information. Puerto Rico
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by Tom McClellan Liquidity is bullish for the stock market.  It is even more bullish for small cap stocks and other types of issues which are more sensitive to liquidity.  That is why indicators like the A-D Line are so useful for gauging the health of the liquidity pool.  There are more small cap stocks than
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As tax season approaches, you may find yourself wondering what your options are for filing a tax return. There are a couple of items we must address first. When is the tax season? What information do you need to gather before you can file your taxes? Key Takeaways Tax season typically runs from early in
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US intelligence has concluded that Saudi Crown Prince Mohammed bin Salman approved an operation in Turkey to “capture or kill” veteran journalist Jamal Khashoggi. The four-page report declassified by the Biden administration and released on Friday said the assessment was based on factors including Prince Mohammed’s “control of decision-making in the kingdom”. The report pointed
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By Guelda Voien Alden Global Capital has deployed millions since the start of the pandemic, including an offer last week to buy newspaper publisher Tribune Publishing — but the hedge fund manager has also allegedly been stiffing the landlord at its Manhattan headquarters on rent payments since last April, according to a complaint filed yesterday. Looking up
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A 177-year-old bank in Switzerland has enabled cryptocurrency trading within its services, with expectations to expand. Bordier & Cie SCmA added bitcoin and other cryptos to its list of services by partnering with a well-known domestic crypto player. Bordier Customers Can Also Buy and Hold Other Cryptos According to the announcement, the Swiss bank, founded
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