Sharing is Caring! by Michael Snyder A lot of people thought that the pandemic was almost over. For a while there, case numbers were falling, restrictions were being rolled back, and life was starting to return to normal all over the globe. But even in the midst of all the good news, global health authorities
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Miami rapper Rick Ross knows a thing or two about music. In 2006, Ross’ “Port of Miami” debuted at No. 1 on the U.S. Billboard Top 200 albums chart and made “Hustlin'” a breakout hit that had music lovers singing, “every day I’m hustling, hustling, hustling.”‘ No one-hit wonder, the Grammy-Nominated rapper stayed true to
South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the latest proposal by Sygnia, the JSE cites the “lack of a regulatory framework for cryptocurrencies as the reason.” Unexpected Rejection Meanwhile, a report suggests that
Silver keeps Friday’s pullback from monthly resistance lines. MACD signals further weakness towards 50-SMA, 100-SMA confluence. Silver (XAG/USD) prices remain on the back foot around $27.95 amid the early Asian session on Monday. In doing so, the bright metal extends Friday’s U-turn from a downward sloping resistance line from May 18 amid the impending bearish
“…looking for a move up to the 1950-60 area in Gold before…” by David Brady via Sprott Money Real yields remain relatively stable despite soaring inflation numbers in the past few months. Today’s CPI print: “Core Consumer Prices Surge At Fastest Rate Since 1992” “Goods prices are up 6.5% YoY – the highest since 1982”
Despite El Salvador’s recently passed law mandating Bitcoin as legal tender, local remittance firms are reportedly hesitant to adopt BTC. Speaking to Reuters, Autonomous Research fintech analyst, Kenneth Suchoski, argued that remittance firms are unlikely to launch support for Bitcoin and other crypto assets until prompted to do so by customer demand, likely creating a
As you approach retirement, you start to think more about preserving what you’ve saved rather than achieving aggressive growth. You don’t want to lose the portfolio that you worked so hard to build. However, most people who make it to the age of 65 are living almost 20 years in retirement. Social Security data shows
By Elsa Court For access to a major course Torrey Pines Golf Club, which will host the US Open major championship later this week, is less than a 15-minute drive from this spacious gated home in Del Mar, southern California. With local residents qualifying for discounted green fees, the new owners of the four-bedroom home
Official representation between Hong Kong and Taiwan is set to end this year as mounting political tensions threaten one of the region’s most important trade and investment relationships. The number of staff in Taiwan’s representative office in Hong Kong has dwindled over the past two years as the territory has stopped issuing visas, with the
In the age of Apple, Netflix, and Spotify, clients want a more flexible approach to the services offered to them, and the subscription-based planning model is the next financial industry evolution. Advisors are seeking ways to adapt their offerings to meet changing client needs, including how, when, where and what type of financial guidance is
Time in the market beats timing the market, as the old adage goes. This platitude plays particularly well regarding biotechnology stocks, as one will want to be invested in these stocks well before any big news comes out. Axcella Health Inc. (AXLA) is no exception, as the company is making strides on breakthrough therapies. Analysts are bullish on the stock. One
Sharing is Caring! by Kimble Charting Last November, we highlighted a cup and handle bullish pattern on Bitcoin that served as a base for a big rally. All together, Bitcoin rallied from roughly $4,000 last March to $64,000 this April! Wowsers! BUT… since peaking in April, Bitcoin has fallen over 50% to roughly $29,000. Cryptocurrency trading isn’t
Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional investors.” However, a number of people disagree with this
Today’s column addresses questions about what stopping work a number of years before filing means for later Social Security retirement benefit amounts, whether spousal benefits automatically convert to retirement benefits at 70 and how the earnings test can affect early survivor benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
Silver prices edged lower on Friday, declining by 0.25%, but settled up about 0.45% for the week. The surge in the dollar on Friday generated headwinds for silver and the entire precious metals complex. With yields not impressed with higher inflation levels, lower yields are likely to weigh on the dollar and eventually buoying silver
It could be tomorrow… by Peter Schiff of Peter Schiff Podcast Consumer prices on the rise and going higher.Markets figuring out the Fed can’t fix Inflation.Trump calls Bitcoin a scam.Michael Saylor goes on damage control with Hannity.Biden’s administration wages class warfare against rich with IRS leak. FULL SHOW NOTES AND LINKS HERE [embedded content]
Bitcoin’s (BTC) price continues to be range-bound between $30,000 and $40,000 level for the past few days, which is not necessarily a bearish sign. Generally, after a sharp fall, the price tends to consolidate as the asset transfers from weaker hands to stronger hands. After the transition is complete, the asset breaks out and starts
What Is the Price-to-Earnings Ratio? The price-to-earnings (P/E) ratio, sometimes referred to as the “multiple,” measures a company’s share price compared to its earnings per share (EPS). The P/E is commonly used in fundamental analysis as a valuation metric. Analysts and fundamental investors use it to determine whether a company’s stock price is appropriate compared
In this article NCNO AVGO JNJ ADSK STX Johnson & Johnson products on a shelf in a store in New York. Lucas Jackson | Reuters The S&P 500 notched new records this past week, but future gains are anything but a guarantee. Investors are still weighing the implications of a potential change in monetary policy
Germany’s Green party adopted an election manifesto on Sunday that vowed to transform the country’s economy and fast-track its transition to carbon neutrality by ten years to 2035. Pledging to turn Germany into a “socio-ecological market economy”, Annalena Baerbock, the party’s candidate for chancellor, this weekend proposed a “pact with German industry”. Companies that became
The images of Joe Biden and fellow G7 leaders chatting at close quarters on a Cornish beach as they enjoyed barbecued lobster may not have been the best advert for social-distancing rules in times of pandemic. But the beach cookout was designed to send another message: under renewed American leadership, the world’s leading western democracies
As the fallout from UBS Puerto Rico closed-end fund losses soared past $100 million in arbitration settlements last month, a central figure in a drama still unwinding years later warns that something just like it could happen again. Jose G. Ramirez Arone, Jr. seems far removed from the man who was once one of UBS’
Bank of Montreal (CA: BMO), the fourth-largest Canadian bank by market cap—which derives a fairly even mix of revenues from Canada and the U.S.—has been on an unstoppable rally of late, surging 68% over the past year on the back of fading pandemic headwinds. With all the chatter about inflation and the prospect of higher
Co-Founder and Managing Partner of Disrupt Equity. Learn more about investment opportunities by visiting our website. In the volatility of today’s economic climate, many investors are looking for stable and consistent returns with low exposure to risk. Preferred equity is a special financing structure that provides investors the opportunity to achieve consistent returns with significantly reduced
UK police are lobbying the government to change the laws to allow them to freeze cryptocurrencies. Scotland Yard detectives say currently account-freezing orders do not apply to cryptocurrency wallets, making it difficult for the police to stop criminals from transferring funds. UK Police Want New Laws to Let Them Freeze Cryptocurrencies Scotland Yard detectives are
“No one enjoys being wrong,” Daniel Kahneman told Adam Grant, who recounted their conversation during a recent interview, “but I do enjoy having been wrong, because it means I am now less wrong than I was before.” Grant describes Kahneman, the psychologist seen as the originator of and greatest contributor to the field of behavioral
The Internal Revenue Service has told the city of Winchester, Virginia it closed an audit of $28.6 million in 2012 general obligation refunding bonds without taking any adverse action. Winchester announced the decision Thursday in a public notice on the EMMA database of the Municipal Securities Rulemaking Board. “By letter dated June 1, 2021, the
© Provided by Zee Business Long term investors planning to buy physical gold and silver have a news to cheer about. Weakness in Gold continued for the second straight week as the yellow metal closed negatively on Friday. There is a buying opportunity as the lower prices have started reflecting in the physical markets as
The precious metals sector, in spite of the intense manipulation right now, is starting to reflect the soaring… by Dave Kranzler of Investment Research Dynamics “April 2021 money supply and monetary base growth continued to explode” – John Williams, Shadowstats.com Williams is referencing the “base” monetary aggregates which are compiled monthly. The Fed’s balance sheet grows
From QR code payments to mobile banking apps, consumers worldwide are increasingly reliant on digital payment solutions, especially as mobile technology becomes more ubiquitous. Government-led efforts in driving cashless economies have been a key factor, with countries such as Singapore or the Philippines seeing their central banks driving the adoption of contactless payments during the