Current News

  • [Just In] CEO Bets $50 Million On His Own Company!

    [Just In] CEO Bets $50 Million On His Own Company!

    This post [Just In] CEO Bets $50 Million On His Own Company! appeared first on Daily Reckoning. Now here is a CEO that I could invest alongside… His name is David Weinreb, and he is the top dog at real estate development firm Howard Hughes Corporation (HHC). Howard Hughes is …Read More »
  • Rio Tinto’s exit from coal pays off, to return $3.2B from sales proceeds to shareholders

    Rio Tinto’s exit from coal pays off, to return $3.2B from sales proceeds to shareholders

    Shares in Rio Tinto (ASX, LON: RIO) jumped about 3% in both Sydney and London after the world’s No.2 mining company said it would return $3.2 billion to investors through a share buyback primarily focussed on its Australian-listed ones. The fresh round of returns, which will be funded with the proceeds …Read More »
  • Norsk Hydro not buying Rio Tinto’s aluminum plant in Iceland

    Norsk Hydro not buying Rio Tinto’s aluminum plant in Iceland

    Norsk Hydro has backed out of a $345-million deal to buy Rio Tinto's (ASX, LON:RIO) aluminum plant in Iceland amid increasing uncertainty in the market and opposition from European regulators. The Norwegian firm, one of the world’s top producers of aluminum and alumina, said securing competition approval had taken “longer than …Read More »
  • KER Politics – Wed 19 Sep, 2018

    KER Politics – Wed 19 Sep, 2018

    Here is the critical comment by FeinsteinWow, if this ever points to Kavanaugh’s confirmation ...read moreRead More »
  • KER Politics – Wed 19 Sep, 2018

    KER Politics – Wed 19 Sep, 2018

    Feinstien’s comments today. Oh wow!I will be amazed if Judge Kavanaugh is not confirmed after this comment. ...read moreRead More »
  • KER Politics – Wed 19 Sep, 2018

    KER Politics – Wed 19 Sep, 2018

    Views on the Implementation of Tariffs on $200 Billion of Chinese Imports from The Coalition for a Prosperous America For Immediate Release September 18, 2018 Click here to view online CPA Praises Implementation of Tariffs on $200 Billion of Chinese Imports Necessary Response To China’s Continuing Unfair Trade Practices Washington. The Coalition …Read More »
  • Interview: Updates on GDX, Bond Yields & Uranium

    Interview: Updates on GDX, Bond Yields & Uranium

    Jordan Roy-Byrne, Founder of The Daily Gold shares his updated technicals on GDX, US long-term yields, and the uranium market. With GDX moving up in the past couple days Jordan is thinking that the short term bottom is in but there are some upper resistance zones that could hold this …Read More »
  • Chris Vermeulen – The Technical Traders – Wed 19 Sep, 2018

    Chris Vermeulen – The Technical Traders – Wed 19 Sep, 2018

    Are Gold and Silver Going To Follow A Rebound In Asian Stocks?Chris Vermeulen from The Technical Traders shares a couple levels he is watching for gold and GDXJ. With a rebound underway there is another sector that just stared to turn. That sector is Asian equities. After taking a beating …Read More »
  • Trump’s Backdoor Power Play to Rein In the Fed

    Trump’s Backdoor Power Play to Rein In the Fed

    “Just run the presses – print money.” That’s what President Donald Trump supposedly instructed his former chief economic adviser Gary Cohn to do in response to the budget deficit. The quote appears in Bob Woodward’s controversial book Fear: Trump in the White House. Trump disputes many of the anecdotes Woodward assembled. …Read More »
  • Are We Headed for a Passive Index Meltdown?

    Are We Headed for a Passive Index Meltdown?

    click to enlarge As for when passive investments will overtake the active market, Moody's Investors Service estimates we'll see this happen sometime between 2021 and 2024. Markets simply wouldn't be able to function without active managers calling the shots—rewarding good corporate governance and punishing the bad—so Bogle's what-if scenario of …Read More »
  • Gold Stocks Remain in Downtrend but Uranium Stocks on the Cusp of New Bull Market

    Gold Stocks Remain in Downtrend but Uranium Stocks on the Cusp of New Bull Market

    Gold stocks failed to breakout in the spring and then brokedown to multi-year lows by September. As autumn beckons, the precious metals sector at large is very oversold and could be starting a rebound. However, the fundamentals are not yet in place for a new bull market. They will be …Read More »
  • Lundin lowers costs, ups reserves for Ecuador's largest underground mine

    Lundin lowers costs, ups reserves for Ecuador's largest underground mine

    Canada’s Lundin Gold (TSX:LUG), which tried buying Nevsun Resources (TSX, NYSEMKT:NSU) earlier this year, has updated the project estimate for its flagship Fruta del Norte gold project in Ecuador, on track to kick off production in Spring next year. The asset, discovered in 2006, is expected to produce to 4.6 …Read More »
  • 10 Years Later, a Debt Crisis Is Building Again

    10 Years Later, a Debt Crisis Is Building Again

    This post 10 Years Later, a Debt Crisis Is Building Again appeared first on Daily Reckoning. Though it seems like only yesterday, it’s been a decade since my former employer, Lehman Brothers went bankrupt, and in the process, helped instigate a massive global financial crisis. That collapse catapulted the Federal …Read More »
  • Metminco jumps into the battery metals wagon with nickel project buy

    Metminco jumps into the battery metals wagon with nickel project buy

    Junior explorer Metminco (ASX, LON:MNC) is joining the craze for securing battery metals sources by grabbing the Jejevo nickel project in the Solomon Islands, Oceania, east of Papua New Guinea. The company is doing so by buying Sunshine Metals in a scrip transaction that will give it 80% of the project, on …Read More »
  • “Who Killed the Deficit Hawks?”

    “Who Killed the Deficit Hawks?”

    This post “Who Killed the Deficit Hawks?” appeared first on Daily Reckoning. Guns. Butter. Bread. Circuses. And debt. These the American people were treated to in heaping doses yesterday… The United States Senate voted 93-7 in favor of a generous $854 billion spending bill. An “unprecedented government spending spree” is …Read More »
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