What are the variables that will cause an unprecedented move higher in the precious metals sector and a collapse financial asset markets? by Dave Kranzler of Investment Research Dynamics Without question, investing in the precious metals sector has been a pain in the ass for nearly the entire 20 years I’ve been involved. The official
Apple Inc. (AAPL) has a book value the likes of which no corporation has ever seen. After taking over Exxon Mobil Corp. (XOM) as the largest corporation in the world by market cap, Apple has firmly maintained its position. The gap between Apple and the second-largest company in the world, Microsoft (MSFT), is approximately $500
Sony is launching a new company to “explore entry” into the electric vehicle market, joining a long list of technology groups that are considering a move into the next-generation car business. Kenichiro Yoshida, Sony chief executive, announced the plans to open the subsidiary, called Sony Mobility, this spring at the Consumer Electronics Show in Las
Once a niche area of the global asset management industry, private debt funds have emerged as a growing sector for credit investors seeking yield. The funds, run by the likes of Blackstone, Apollo, Carlyle and KKR, make direct loans to small and midsize companies with limited market access. In extending loans, private equity funds are
As goes January, so goes the year. That’s the theory of a phenomenon known as the “January Barometer,” which suggests that if the stock market rises during the first month of the year, further gains may be in store for the next 11 months. Since 1950, the so-called January Barometer has been right 84.5% of
In this article BAC 7203.T-JP F WMG UAA KO A general view of the Halewood Ford transmission assembly plant after Ford announced a 230 GBP investment on October 18, 2021 in Halewood, England. Christopher Furlong | Getty Images Check out the companies making headlines in midday trading. Ford Motor – Shares of Ford surged more than 12%
Sharing is Caring! by Michael Snyder From coast to coast, we are seeing businesses close because they simply cannot find enough workers. In the entire history of the United States, we have never seen anything like this happen before. In fact, prior to this pandemic we had a chronic problem with unemployment that stretched back
The Solana blockchain has suffered a third incident in just a few months that clogged the network and caused transactions to fail, with users debating whether it was caused by another DDos attack or if it was just network issues. The scale and nature of the incident is hard to ascertain, with Coinbase, Wu Blockchain
As 2022 begins, the real estate market is still going strong. Many of us have moved into a new home or are planning to sell our current one. So, there isn’t a better time than now to consider what features and renovations can maximize property value both in the long and short term. I spoke
A “Sold” sign is displayed outside a home under construction at a Lennar Corp. development in Montgomery, Illinois. Daniel Acker | Bloomberg | Getty Images As the broader markets rallied to start the new year Monday, the homebuilding sector sold off. The iShares US Home Construction ETF lost 2.69% on Monday, its worst day since
The co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni Trenchev, the co-founder and managing partner of Nexo,
Today’s Social Security column addresses questions about taking early reduced retirement benefits and switching to spousal benefits, moving from a survivor’s benefit to a retirement benefit and taking a retirement benefit while awaiting approval of a disability application. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Selling pressure picked up and municipals showed some weakness for the first time since November on Tuesday following two days of rising U.S. Treasuries, but the asset class still outperformed that market’s double-digit moves to higher yields. Triple-A benchmark yield curves saw two to three basis point cuts, the largest one-day move in either direction
The Dow Jones Industrial Average set another closing record on Tuesday. Scott Kimball, Co-Head of U.S. Fixed Income for BMO Global Asset Management and Larry Shover, D. Alexander Capital CIO joined Yahoo Finance Live to discuss. Video Transcript EMILY MCCORMICK: Energy, financials, and industrials the outperformers. And here’s the closing bell. [MUSIC PLAYING] ADAM SHAPIRO:
Unless it abandons the euro to its fate on the foreign exchanges altogether, the ECB will be forced to… by Alasdair Macleod via Mises Like the Fed, the ECB is resisting interest rate increases despite producer and consumer prices soaring. Consumer price inflation across the Eurozone was most recently recorded at 4.9%, making the real yield
Many people view trust funds as tools to protect the wealth of the very rich or to provide their heirs, sometimes derided as “trust fund babies,” with independent incomes freeing them from the need to earn a living. However, trust funds vary in complexity and purpose—preserving assets designated for charities, retirement funds, public works, and
Billionaire investor Warren Buffett, chairman of Berkshire Hathaway, speaks on a mobile phone during an interview in New York, U.S., on Wednesday, June 25, 2008. Bloomberg | Getty Images Warren Buffett’s out-of-character bet on Apple may end up being one of his winningest investments, making more than $120 billion on paper as the tech giant
Wells Fargo’s chief risk officer Mandy Norton, a key figure in the US bank’s efforts to improve its risk controls following a vast mis-selling scandal, is stepping down from her role. In a memo to staff on Tuesday, Charlie Scharf, Wells’ chief executive, said Norton would leave the bank at the end of June and that a
The UK’s FTSE 100 led European equities higher after survey data indicated China’s manufacturing industry had not been significantly derailed by the Omicron coronavirus variant. The blue-chip UK share index, which is dominated by energy, resources and financial stocks that respond well to signs of robust global growth, rose 1 per cent in early dealings
The first two dozen FINRA arbitration decisions involving a UBS options overlay strategy have gone slightly against the clients seeking about $200 million in combined damages. However, at least 10 clients have received compensation after filing cases alleging that the UBS Yield Enhancement Strategy, or “YES” for short, was an unsuitable recommendation, including Claimant Cheryl
People walk past the New York Stock Exchange in the Manhattan borough of New York, November 10, 2020. Carlo Allegri | Reuters The bond market is signaling that interest rates are about to rise on Main Street. Treasury yields are pushing higher at the fastest new year pace in 20 years. The closely-watched benchmark 10-year
Sharing is Caring! Something is wrong. Megyn Kelly just flipped the switch on Covid-19. Certain MSM’s are also following behind. Are they scared, or are the elites switching up the narrative? I don’t trust any of these people. Link to video fb.watch/ajXeLW6XhK/ h/t Initial-Letter5087
Institutional cryptocurrency funds attracted record inflows in 2021, as demand for digital assets such as Bitcoin (BTC) and Ether (ETH) continued to grow during a volatile and often unpredictable bull market. Crypto investment products registered $9.3 billion in inflows during the year, up from $6.8 billion in 2020, according to the latest CoinShares data, which
This is the time of year when we learn about the top colors of the year, which decade is making a style comeback, and whether wallpaper or stainless steel appliances are in or out right now. This trend report won’t answer any of those questions, as its focus is on macro design details that impact
Manhattan real estate posted its best year ever, rebounding from the pandemic with a record $30 billion in deals, according to real estate reports. More than 16,000 contracts were signed to reach the $30 billion total — both breaking records, according to a report from Corcoran. Many had thought the market would never return to
Less than 20 days ago, the German multinational sneaker and sportswear corporation Adidas launched the company’s Adidas Originals non-fungible token (NFT) collection and since then the NFT compilation has surged into the top 50 NFT collections in terms of sales. Adidas NFT Collection Sees Significant Demand in Less Than 20 Days At the end of
The new year has arrived and once again it’s time to make our New Year’s Resolutions. Of course, many will go with the proverbial eat healthy/exercise more, but here are some money ideas that may make 2022 a more prosperous year. Here’s a hint: to keep these close at hand, you can paste these directly
Illinois lawmakers return to work Wednesday with the task of crafting a fiscal 2023 budget taking center stage. Municipal market observers want to see if the state government can maintain the fiscal trajectory that won it rating upgrades in 2021. The condensed session is slated to end a month early in April. Among the issues
Welcome to Kitco News’ 2022 outlook series. The new year will be filled with uncertainty as the Federal Reserve looks to pivot and tighten its monetary policies. At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory. Stay tuned to Kitco News to learn
It is hard to imagine that this apparently relaxed attitude toward explaining the huge recent increase should not be positive for gold… By Robert Lambourne via GATA The debt of the U.S. federal government is a factor that should affect the price of gold since the U.S. dollar is the world reserve currency. Recent developments