The gold miners’ stocks are still languishing deeply out of favor, largely left for dead. Their low prices are collateral damage from this past summer’s anomalous pair of extreme gold-futures-selling episodes on Fed-tightening fears. But this bombed-out sector is due for a major mean reversion higher. Gold stocks’ technicals, sentiment, and fundamentals are all aligned
Investing in unprofitable companies is generally a high-risk, high-reward proposition, but one that many investors seem willing to make. For them, the possibility of stumbling upon small biotech with a potential blockbuster drug, or a junior miner that unearths a major mineral discovery, means the risk is well worth taking. While hundreds of publicly traded
Emma Raducanu won the women’s US Open title on Saturday, stunning the tennis world by becoming the first player to win the Grand Slam trophy after entering the tournament through its qualification rounds. The 18-year-old from Kent is the first British woman to win a major tournament since Virginia Wade’s victory at Wimbledon in 1977.
Two days before Prime Minister Yoshihide Suga announced his resignation, Japan finally got around to launching his flagship Digital Agency — a new cybernetic arm of government cranked into existence by analogue panic over the sheer volume of paper involved in day-to-day government. For all the necessity of creating such a body, and endowing it
LPL Financial attracted several advisors last week, in addition to a new executive vice president. The FPA gave its P. Kemp Fain Jr. Award to the co-creator of the Academy of Financial Services. And more advisors were on the move. Scroll through for a look at what happened this week in the world of financial
Even if you’re a fully-fledged Qualcomm (QCOM) bull right now, the bear case is an easy one to understand. A big chunk of Qualcomm’s revenue is derived from Apple for which it supplies modems for the tech giant’s smartphones. As Apple has set a goal of building its modems in-house by 2023, Qualcomm could potentially
In the last 24-hours, Terra (LUNA), a blockchain protocol focused on building a global payments system powered by the UST stablecoin, rallied to a new all-time high at $45. LUNA/USDT 1-day chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView shows that since bottoming at a low of $5.61 on July 20, the price
For golfers, there’s nothing more ideal than hitting the links bright and early. That’s easy to do on these 18 hole-adjacent properties from Bigfork, Montana, to Benahavis in Spain. Modern golf villa in Spain Location: Malaga, Benahavis, Spain Price: $11.28 million (EUR 9.5 million) The clean-lined design conceals a central courtyard with a reflecting pool and sunken
Switzerland’s stock exchange SIX has won regulatory approval to launch its long-awaited bourse for digital assets. This authorization enables the exchange “to go live with a fully regulated, integrated trading, settlement, and custody infrastructure based on distributed ledger technology for digital securities.” SIX Digital Exchange Greenlighted to Launch SIX Digital Exchange (SDX) announced Friday that
By Kerri Fivecoat-Campbell, Next Avenue I still get excited seeing the quaint red envelope with a DVD in my mailbox. That’s because I live in a rural Ozark Mountains home in Arkansas and can’t get internet access to stream films or TV shows. I can barely load social media pages on my computer. I’m hardly alone.
Almost two dozen amicus briefs have been filed with the U.S. Supreme Court in the past 10 days in favor of granting Supplemental Security Income benefits to Puerto Ricans and other territorial residents, with oral arguments set for Nov. 8. Providing the payments would mean an additional $1 billion in federal transfers to Puerto Ricans
The Metals Company said today it began trading on the NASDAQ under the symbol TMC. The Metals Company plans to collects polymetallic nodules containing cobalt, nickel, manganese and copper from the ocean floor. The company said production is expected to commence in 2024 from its NORI Area D block in the Pacific Ocean. The Metals
Gold down 1.8% for the week. Gold range-bound as all eyes on next FOMC meet – analyst. Palladium down more than 8% for the week (Adds comment, updates prices) Gold steadied on Friday, buoyed by a slight dip in the dollar, but uncertainty over the U.S. Federal Reserve’s next moves on unwinding its economic support
Maskot | Maskot | Getty Images Company: Vonage Holdings Corp. (VG) Business: Vonage is a collection of three main businesses: (i) the legacy consumer VOIP business; (ii) Application Programing Interface (API) business, which helps companies communicate to their customers through text messaging and (iii) Cloud-based Enterprise Communication as a Service business (CaaS). Stock Market Value:
Emma Raducanu, the British teenage tennis sensation, had not expected to play in this year’s US Open. The 18-year-old had booked flights back from New York at the end of the qualification phase two weeks ago, assuming she would not progress to the grand slam tournament’s main stages. Her travel plans were radically altered by
US president Joe Biden is commemorating the 20th anniversary of the September 11 attacks on Saturday by visiting all three US sites that were targeted by al-Qaeda. Biden joined a New York ceremony to mark a moment of silence beginning at 8.46am, the time the first of four hijacked planes ploughed into the North Tower
Schmoozing won’t get you anywhere in the CFA program. To earn the chartered financial analyst certification, Wall Street’s aspiring asset managers need to have stone-cold mastery of skills like valuing stocks and analyzing financial statements — not after-hours networking drinks that are hallmarks of an expensive MBA program, an alternative path to getting a job.
Chipotle Mexican Grill (CMG) stock has been one of the hottest fast-food companies of late, now up 47.2% year-to-date. Unlike many other names in the quick-serve restaurant scene, CMG stock has already dwarfed losses from the coronavirus crash, more than doubling from its pre-pandemic highs to flirt with $2,000. Undoubtedly, Chipotle has really shined amid
Nonfungible tokens (NFT) have enjoyed quick adoption across the entertainment, media and sports space as the biggest brands, companies and individuals look to gain first-mover advantage in creating their own digital collectibles. These have come in myriad forms, and much like blockchain technology was touted to be pliable to any industry’s needs and problems, the
Dave Friedman is Co-Founder and CEO of Knox Financial, the smart and frictionless way to turn a home into an investment property. Homeowners who are getting ready to move face endless choices and to-dos — finding a seller’s agent, deciding how much to fix up the house, choosing when to list and searching for a new
GeorgePeters | Getty Images The number of borrowers in both government and private sector Covid mortgage bailout programs is falling fast, but for those still in trouble, the future is not as bleak as originally thought. Extraordinarily high levels of home equity, thanks to the recent runup in home prices, has struggling borrowers in a
Localcryptos, the noncustodial P2P cryptocurrency market, has added bitcoin cash to its platform. This is the fifth cryptocurrency the platform has taken on for P2P transactions after having rebranded from Localethereum. The market will leverage the OP_CHECKDATASIG opcode, which presents some advantages. Also, users from Bitcoin.com Local will be able to migrate their reputation to
With the pandemic still upon us, are you thinking about your retirement savings? Let me tell you why you should. Time is a wasting asset. And, there is no time like now (National 401(k) Day) to take action. National 401(k) Day, which originated with the Plan Sponsor Council of America, reminds us to do
VanEck launched a municipal exchange-traded fund with a sustainability designation, the first ETF of its kind in the municipal space. The VanEck HIP Sustainable Municipal fund, SMI ticker, introduced Friday, is an actively managed fund focusing on investment-grade state and local government debt that funds projects promoting sustainable development, including affordable housing, green spaces and
[embedded content] New York passed legislation this week that requires all cars sold in the state to be zero-emission after 2035. John Feneck, CEO of Feneck Consulting, discusses the impacts on the metals sectors with David Lin, anchor for Kitco News. For information on the metals that will receive the most demand boost, watch the
There’s not much you can do in the year 2021 that doesn’t leave a digital trail. The collusion of big tech and big government has assured this. Still, there does remain one simple way to elude the busybodies. In fact, one of the last ways to preserve some level of economic privacy is to pay
President Biden announced on Thursday, September 9, 2021, new steps designed to fight COVID-19 including a vaccination mandate for up to 80 million American workers. The mandate applies to companies with 100 or more employees and will be imposed by the Occupational Safety and Health Administration (OSHA), part of the Department of Labor (DOL). Under
In this article CG (Click here to subscribe to the new Delivering Alpha newsletter.) Kewsong Lee is closing out one trip around the sun as sole CEO of The Carlyle Group. It was a unique year for the private equity firm — which oversees more than $270 billion in private assets — with the multitude of challenges
“People react to fear, not love,” Richard Nixon once said about US voters. “They don’t teach that in Sunday school but it’s true.” In the 20 years since the 9/11 terrorist attacks, Nixon’s jaundiced view of democracy has been put to the test and found to be frequently true. But the story of how America
The more satellites there are flying around in low-earth orbit, the more likely they are to collide, fragment and spawn an escalating series of collisions. The space industry and its regulators need to disprove that theory — known as the Kessler Effect — to keep insurance costs down and investment plentiful. Space is certainly getting