Holiday Trading Schedules – U.S and Canada

Holiday Trading Schedules: Friday, July 1st is Canadian Independence Day so those markets will be closed but U.S. markets are open.             Monday, July 4th is the U.S. Independence Day and markets will close but Canadian markets are open. Enjoy your Holidays, Dudley Pierce Baker http://CommonStockWarrants.com … Continue reading

Marc Faber: Holding Gold Is a 'No Brainer'

Brexit is a sideshow to the world economy, and gold remains an important asset in any portfolio, says Marc Faber, editor of the Gloom, Doom and Boom Report. Brexit is a sideshow to the world economy, which began weakening the end of 2014, according to Marc Faber, editor of Gloom, Doom and Boom Report. In an interview with CNBC on June 28, Faber cited as evidence the strong performance of Treasury bonds, saying “over the last 12 months U.S. long-term Treasuries are up 20%, and they are up 15% year to date.” Faber believes that the British vote to leave the EU could lead to more quantitative easing. “Brexit will give a perfect excuse to the Federal Reserve not to increase interest rates and be most likely to launch QE4,” he said, adding that such a movement could give a boost to stock markets. But long term, Faber believes all investors should hold some gold, calling it a “no brainer” in an environment of money printing. “Is gold near term overbought? Yes, it is,” Faber said. “But longer term, I think every investor should have some cash, which he would keep in yen or in dollars or in euros, and should have some of this cash in gold.” He chided analysts for advising that “gold is rich at $1,000” and for predicting that gold would drop to $700, leading many to miss gold’s recent run up. Gold reached a two-year high of $1,358 on June 24 after the Brexit vote … Continue reading

Following Brexit, Central Bank Desperation Never More Evident…

Precious metals expert Michael Ballanger discusses market reactions post-Brexit vote. To truly appreciate market crashes, you must have an ample serving of grey hair. Over the weekend, I must have received three dozen “Emergency Email Alert” notifications by newsletter services and financial intermediaries that got absolutely obliterated Friday morning and were expecting more of the same on Monday, which they got in spades. This new generation of “wealth advisors” has, unfortunately, been living off the largess of Central Bank guarantees and the winks and nudges of the “Finance Ministers” and “Treasury Secretaries” and “Chancellors of the Exchequer,” where they make investment decisions based not upon analyses of balance sheets or income statements but upon the collective wisdom of Champagne Socialists. I have been writing about this for about thirty-five years and while it has not yet manifested itself in the advance of the prices of precious metals to levels that would correspond to the level of coinciding currency debasement, especially in the United States and Europe, it is going to be the “Talk of the Town” here in 2016. Yesterday I heard two commentators on CNBC ask two of the stupidest questions in history. The first one was when Bob Pisani asked, “Why is the VIX (Volatility Index) down over 2 points with the S&P off 40?” The answer, which was even more ludicrous than the question, implied that traders had purchased volatility prior to the Brexit vote, and once it spiked after the decision, they were selling “vol,” which … Continue reading

Bio-Path Holdings (BPTH) Enters $10M Stock, Warrants Registered Direct Offering - StreetInsider.com

Bio-Path Holdings (BPTH) Enters $10M Stock, Warrants Registered Direct OfferingStreetInsider.comBio-Path Holdings, Inc., (Nasdaq: BPTH) announced that it has agreed to the sale and issuance to healthcare focused institutional investors of 5,882,353 shares of common stock and warrants to purchase up to 2,941,177 shares of common stock in a … and more …read more … Continue reading

The World Is Going to Pay for Brexit

Bob Moriarty discusses the reasons behind the Brexit vote and why governments need to change. The world is going to pay for Brexit. In a good way. One of people’s favorite fantasies is to believe they are smarter than your average concrete block when we all know bricks appear brilliant compared to humans. A few years, back one of a hoard of new gold sites sent me an email pronouncing that they were having a price of gold prediction contest. They were going to those they considered the top 150 commentators have predict the price of gold at a point six months later. I puffed up at once realizing that at least someone in the world understood my brilliance. Actually I probably should have asked if I was #1 on their list or a fill in for #150 after five of their list had died in the last week. They asked for my prediction. I gave them my answer. Months later they posted the results. I was the only person to get it dead right. And before you start believing that that should move me up to at least #2 or #3 on the list if not #1, my answer was that only an idiot would believe he could predict with great accuracy the price of any commodity that far in the future. There are simply too many variables. Sure, you say, but someone else of the 149 who made guesses must have gotten pretty close. And while that’s true, … Continue reading

A Bull Market in Gold Is Now Confirmed

Gold rose sharply after Britain’s Brexit vote and technical analyst Jack Chan has found that a new gold bull market has been confirmed. We have been patiently waiting for the confirmation of a bull market in gold, and this past week we have just that. Speculation, according to COT data, is in bull market values. The 2015 high in gold prices is now exceeded. Our proprietary cycle indicator is now at levels of previous tops, and, therefore, it is prudent to wait for a correction when the cycle turns down, and begin accumulating positions at the next cycle bottom. Summary A bull market in gold is now confirmed, but for risk management, we shall wait for the next cycle bottom to begin accumulating positions for the long term. Jack Chan is the editor of simply profits at www.simplyprofits.org, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the U.S. dollar bottom in 2011. Want to read more Gold Report interviews like this? Sign up for our free e-newsletter, and you’ll learn when new articles have been published. To see a list of recent interviews … Continue reading

Markets Roiled as Britain Votes Itself Out of EU

Britain has voted to exit the European Union and its prime minister has resigned in the wake of the Brexit vote. The markets have, so far, reflected the world’s uneasy reaction to the event. But it is early days, says newsletter writer and technical analyst Clive Maund, who offers his views on the day after Brexit. Woke up to the stunning news this morning that Britain has voted by a narrow but clear majority to leave the European Union (EU). I had feared that the British electorate would be cowed into submission by the barrage of pro-Europe propaganda and scaremongering, like the Scots were at the time of the Scottish independence referendum, but they weren’t—or at least sufficient of them weren’t to assure a positive result. Nevertheless, 48% still voted to stay in, which shows you how many gullible idiots there are out there—they are either that or in some way they are benefitting from the EU, by getting handouts etc. The election result map above is interesting, as it reveals that the whole of Scotland and Northern Ireland voted to stay in Europe; this shows that they are probably benefitting from EU handouts. Actually, in both the Scottish referendum a couple of years ago, and in the EU vote last night, the Scots showed about as much force as Longshanks’ son, and none of the valor of William Wallace, as those of you familiar with the film “Braveheart” will understand. It was amusing to watch upper-class buffoon David Cameron, … Continue reading

Markets Roiled as Britain Votes Itself Out of EU

Britain has voted to exit the European Union and its prime minister has resigned in the wake of the Brexit vote. The markets have, so far, reflected the world’s uneasy reaction to the event. But it is early days, says newsletter writer and technical analyst Clive Maund, who offers his views on the day after Brexit. Woke up to the stunning news this morning that Britain has voted by a narrow but clear majority to leave the European Union (EU). I had feared that the British electorate would be cowed into submission by the barrage of pro-Europe propaganda and scaremongering, like the Scots were at the time of the Scottish independence referendum, but they weren’t—or at least sufficient of them weren’t to assure a positive result. Nevertheless, 48% still voted to stay in, which shows you how many gullible idiots there are out there—they are either that or in some way they are benefitting from the EU, by getting handouts etc. The election result map above is interesting, as it reveals that the whole of Scotland and Northern Ireland voted to stay in Europe; this shows that they are probably benefitting from EU handouts. Actually, in both the Scottish referendum a couple of years ago, and in the EU vote last night, the Scots showed about as much force as Longshanks’ son, and none of the valor of William Wallace, as those of you familiar with the film “Braveheart” will understand. It was amusing to watch upper-class buffoon David Cameron, … Continue reading

Stupid Cheap Stock Warrants

  June 23, 2016 Dudley Pierce Baker http://commonstockwarrants.com/   As bad as it has been over the last several years we have maintained the view that the markets would come back and come back stronger than ever. That is not to say we are just dreamers, but rather our belief in the view that gold is money and that others would return to this view as well. My preferred methods of maximizing one’s exposure to the resource sector would be by purchasing common shares or stock warrants on selected precious metals companies and more specifically the junior mining companies. I own many of the stock warrants trading on the Precious Metals (PM) companies. Like you, I have limited resources and cannot buy them all, but I try. Most of the stock warrants trading are literally selling for pennies but have the potential to be trading for many $$$’s within the next couple of years. I love these Stupid Cheap Stock Warrants because they give the average Joe the opportunity to book some outrageous gains. However, some of the stock warrants can be somewhat tricky to buy. Many of them are very illiquid and some do not trade everyday. Is this a problem? Not for me and my subscribers. You just need to check the bid and ask prices before placing your orders and decide what you want to pay. Limit Orders are always advised when buying stock warrants as well as many of the junior mining shares. So readers, what are … Continue reading