Former Goldman Sachs president Gary Cohn said Tuesday he thinks the world will have a global cryptocurrency that is not bitcoin.
“I’m not a big believer in bitcoin. I am a believer in blockchain technology,” Cohn told CNBC’s Bob Pisani in a “Squawk on the Street” interview.
“I do think we will have a global cryptocurrency at some point where....More>>>
March 8, 2017: Markets opened slightly higher Wednesday following the ADP report of a rise of 298,000 jobs last month. If Friday’s federal report on jobs is near that level, an interest rate high becomes a near certainty next week. A massive increase in the U.S. inventory of crude oil sent prices plummeting and left the energy sector as the day’s big loser. WTI crude oil for April delivery....More>>>
Purpose of this Post
Going into earnings seasons, I like to have a scorecard of analyst estimates of price targets as I evaluate the strength of quarterly earnings reports. The purpose of this post is to:
Check back on the two recommendations made July 12 in my prior post, which used the same methodology as used for this post. Provide the bank analyst communities consensus third-quarter....More>>>
Gold exchange traded funds were decent performers in the first quarter, as the SPDR Gold Shares (NYSE: GLD) and iShares Gold Trust (NYSE: IAU) each gained 0.5 percent.
Those performances were arguably impressive in the face of slack demand. Recent data points from the World Gold Council confirm first-quarter gold demand was tepid.
“Gold demand of 973.5t was the lowest Q1....More>>>
Look what the Easter Bunny brought for Mustang performance fans.
For National Mustang Day, which is Monday, Ford Motor it willcelebrate by keeping the 526-horsepower Shelby GT350 and GT350R in production through the 2018 model year.
The cars feature Fords extraordinary flat-plane crank 5.2 liter V-8, an exotic engine that became the most powerful normally aspirated engine in Ford history....More>>>
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Later in the program, we’ll hear a tremendous interview with Craig Hemke of the TF Metals Report. Craig discusses why he believes the bullion banks are finding it harder and harder to suppress the price of gold and silver so far in 2016, provides some great analysis on some of the key price levels he’s watching....More>>>
“The Post” registered a 10-fold increase in weekend box-office sales over the Martin Luther King Jr. holiday, with the awards contender from 21st Century Fox Inc. outdrawing three new releases.
The drama about the Pentagon Papers generated $18.6 million in revenue from North American theaters over the first three days of the long weekend, researcher ComScore Inc. estimated in....More>>>
Goldman Sachs upgraded shares of Merck to buy from neutral and named it to its Americas Conviction List of favorite stocks on Monday because of potential booming sales from the drugmaker’s blockbuster lung cancer treatment Keytruda.
Merck shares rose 2.4 percent in premarket trading on the Goldman call.
“We believe the narrative for this company is quickly changing with....More>>>
This article was first available to subscribers of The Gold Bull Portfolio on July 9, 2017.
CORVF data by YCharts
Stock Price: $.62 (On July 9)
Market Cap: $58.73 million
Corvus Gold (OTCQX:CORVF) is on my radar right now for a few reasons.
First, the company acquired the high-potential Mother Lode property from Goldcorp (GG) on June 6, 2017 at what appears to....More>>>
2018 is starting off right where 2017 finished, with markets notching new highs on a near-daily basis. And even though we’re early in the year, I believe I’ve come across an important indication of what’s to come. More specifically, I think I’ve found what sector could lead the pack in 2018.
I don’t typically make these sorts of proclamations, but two stocks....More>>>