Tag: recession
-
5 Reasons your blue-chip stocks are tanking – and no – it’s not the corona virus
The recent blood-bath in blue-chip stocks was catalysed by the spread of the coronavirus, but there are 5 underlying causes that have made it so dramatic and ugly.
-
![95 million Americans do not receive a paycheck – does that matter?]()
95 million Americans do not receive a paycheck – does that matter?
The Dow Jones Industrial Average (DJIA) is trading at an all time high of 27,880. The trade war with China has hurt American factories, but exports and imports account for just 27% of the U.S. GDP. According to the World Bank, the only countries where trade represents a smaller percentage of GDP are Nigeria, Cuba,…
-
![Friday Recap: Cannapocalypse™, Dow Record, and Fed Report]()
Friday Recap: Cannapocalypse™, Dow Record, and Fed Report
Aurora CEO: “We will be profitable before others” Aurora Cannabis Inc. Chairman Michael Singer made a statement today that the firm will reach profitability before “any of its peers”, however, declined to comment by when this will happen. We spoke yesterday about the bloodbath that was Canopy and Aurora earnings. The chairman saying Aurora will…
-
![16 million U.S. workers will die before their debts are paid off]()
16 million U.S. workers will die before their debts are paid off
We’ve been hearing about the “global debt crisis” for so long it’s become background noise – like a sherry-soaked auntie babbling about UFOs at Thanksgiving. But if a building has been burning slowly for a long time, it’s legitimate to point out that smoke is still billowing – and there is no fire-truck in sight.…
-
Check out Barrian Mining’s (BARI.V) first Nevada gold drill hole
On October 21, 2019, Barrian Mining (BARI.V) reported the first drill results from the recently completed 1,838 metre reverse circulation (RC) drilling program at Bolo Gold-Silver Project, located in Nye County, Nevada, USA. The “Bolo Gold-Silver Project” is Barrian’s flagship asset, located 90 kilometers northeast of Tonopah Nevada (pop. 2,478). It hosts Carlin type gold…
-
![Gold is getting interesting]()
Gold is getting interesting
Yesterday gold prices popped $25 to USD $1,418 as Federal Reserve Chair Jerome Powell made a case for lower interest rates. Many investors believe that lower interest rates will automatically push gold prices up, but in the last 50 years, the correlation has only been about 28%. “We see the case for a somewhat more…
-
Martini-time for gold investors as the U.S. treasury yield curve inverts
This week the 3-month U.S. Treasuries are yielding more than 10-year notes. For the last 50 years, a yield curve inversion, has been an infallible predictor of recessions. The spread between 3-month bills and 10-year Treasuries has inverted before each of the past seven recessions. Bianco Research determined that historically, a recession arrives 12-18 months…
