By Tony Sagami The Wall Street crowd liked what they heard last week and pushed the Dow Jones to a new high. In particular, the trio of the Republican landslide victory, an overall positive Q3 earning season, and a good jobs report that showed unemployment dropping to 5.8% was behind the rally. And what a […]
Connecting the Dots: Not Yet Time to Celebrate a Market Turnaround Read More »
By Grant Williams Last week, appropriately enough on Halloween, the Bank of Japan did something truly scary.As shocks go, this one — though it had been fairly well-telegraphed to the markets that something wicked this way might be coming — was in a league of its own. I’m sure that by now you’re well aware of what
Things That Make You Go Hmmm: Hato No Naka No Neko Read More »
Pershing Gold Reports Third Quarter Financial Results and Provides Business …SYS-CON Media (press release)Raised a total of $20.8 million in aggregate net proceeds from private placements of common stock and warrants, completed in July ($10.9 million) and October ($9.9 million) 2014. At September 30, 2014, the Company’s cash and cash equivalents totaled … and more
Pershing Gold Reports Third Quarter Financial Results and Provides Business …Canada NewsWire (press release)Raised a total of $20.8 million in aggregate net proceeds from private placements of common stock and warrants, completed in July ($10.9 million) and October ($9.9 million) 2014. At September 30, 2014, the Company’s cash and cash equivalents totaled … and more
Searchlight Minerals Corp. Announces Extension of Certain Outstanding WarrantsMarketwired (press release)On November 11, 2014, the Board of Directors of the Company approved an amendment to the expiration dates of certain outstanding warrants to purchase up to an aggregate of 14,520,373 shares of the Company’s common stock. Prior to the amendment, … and more …read more
By Dennis Miller What do Siegfried and Roy have in common with Federal Reserve Chairman Janet Yellen? Shortly after the Bureau of Labor Statistics released unemployment data last month showing that joblessness had dropped below 6% for the first time since the 2008 crash, the Federal Reserve announced it would stop government bond purchases; Quantitative
Why Janet Yellen Needs Her Own Magic Show Read More »
By John Mauldin For a central banker, deflation is one of the Four Horsemen of the Apocalypse: Death, Famine, Disease, and Deflation. (We will address later in this letter why War, in the form of a currency war, is not in a central banker’s Apocalypse mix.) It is helpful to understand that, before a person
The Last Argument of Central Banks Read More »
Source: JT Long of The Gold Report (11/10/14) Frank Holmes’ advice to investors? Chill. In his interview with The Gold Report, the veteran commodities investor shared some strategies that help him “sit back and stay balanced,” namely by diversifying and following the money. Find out about the indicators Holmes watches to read the market’s pulse, and why a +/- 35%
Frank Holmes Talks No-Drama Investment Strategy Read More »
By John Mauldin Today’s Outside the Box comes from Sam Rines of Chilton Capital Management in Houston, TX – a promising young economics contributor to The National Interest and a rising star who I met at Worth Wray’s wedding a few weeks ago. Worth and Sam have developed quite the friendship over the past several months, but it didn’t
Outside the Box: The Biggest Threat to U.S. Jobs: “The Contestability Nightmare” Read More »
Memphis Business JournalMemphis-based GTx Inc. is raising $43.4 million through a sale of common stock and warrants in a private placement. The funding, according to a GTx statement, will sell more than 64.3 million shares of the company’s stock at 67 cents per share. The … and more …read more