2016 - Page 230 of 277 -

Fitbit’s Valuation Is Absurd

Mar 15, 2016 Jeremy Parkinson Finance 0

We haven’t been shy about expressing our opinion that one of the more attractive recent additions to the Magic Recipe Spell has been fitness tracking wearables kingpin Fitbit (FIT). The stock’s path since the IPO late last June has been pretty remarkable. On its first day, stock closed 50% above its IPO price of $20/share, and soared all […]

An Easy Way To Double Your Gold

Mar 15, 2016 Jeremy Parkinson Finance 0

Few people truly understand gold. Gold is money, it’s not an investment. if you want a portfolio that preserves wealth, money is a good place to start. There’s even an easy way to double your gold, so you can double your wealth. But first, you need to understand why gold is money. When you take […]

Valeant Catastrophe

Mar 15, 2016 Jeremy Parkinson Finance 0

For those keeping score, that’s an 86% drop in about seven months. But at least the highly-paid Wall Street Analysts totally called this one. Of course, here on Slope, the posts were more along these lines (from months ago).

The Actual Direction Of Sales

Mar 15, 2016 Jeremy Parkinson Finance 0

It is increasingly difficult to account for the estimates provided by various statistical agencies when there is no consistency not just with other non-governmental series but within each. The latest retail sales report has nothing in common with anything including itself. The mess features major revisions for the prior two months that simply leave the […]

Japanese Gold Buying Spree Confirms Negative Interest Rates Good For Gold

Mar 15, 2016 Jeremy Parkinson Finance 0

Over the last several weeks, we’ve been building the case that negative interest rates are good for gold, and mainstream analysts have echoed our thoughts. Last week, Britain’s largest bank, HSBC, issued a statement saying the longer the world’s central banks continue to experiment with negative interest rates,the better the outlook for gold. James Steel, HSBC’s […]

U.S. Industrial Production: February 2016 Preview

Mar 15, 2016 Jeremy Parkinson Finance 0

U.S. industrial production is expected to remain unchanged in tomorrow’s February report vs. the previous month, according to The Capital Spectator’s average point forecast for several econometric estimates. The prediction reflects a sharp deceleration after the previous month’s strong increase. The Capital Spectator’s average forecast is above the projections of three recent surveys of economists. […]

U.S. Business Inventory-Sales Ratio Jumps To Post-Crisis (7 Year) High

Mar 15, 2016 Jeremy Parkinson Finance 0

Following the recessionary surge in Wholesale Inventories-to-Sales ratio, this morning’s Total Business inventories-to-sales rose to 1.40x – the highest since May 2009. With a 0.4% slump in sales and 0.1% rise in inventories, the smell of recession lays heavy on US businesses… but then again – who cares if Draghi can keep buying ‘assets’ and saving […]

E The Bull Market In Gold Is Only Just Starting

Mar 15, 2016 Jeremy Parkinson Finance 0

As many of you know, my oldest son, John, is an English teacher at a government university in western China. He is fluent in Mandarin, Cantonese, Japanese, Russian, Korean, and of course, English. I was Skyping with him the other day, and he mentioned something that piqued my interest. There were lines forming outside the […]

Technically Speaking: The Fed Cometh

Mar 15, 2016 Jeremy Parkinson Finance 0

In this past weekend’s newsletter, I reviewed the current fundamental, economic and technical backdrop of the market following the March rebound from the recent lows which was front running the ECB’s monetary policy decision. “The question, of course, is whether the ECB’s interventions will be able to change the longer-term dynamics in the Eurozone by creating inflationary […]

If Gold’s A Good Bet…

Mar 15, 2016 Jeremy Parkinson Finance 0

There are lots of ways to wager. There’s no denying that life has been breathed into the once-moribund gold market. Bullion is up better than 18 percent over the last three months, far and away beating the returns earned by other alternative assets. Mining stocks, however, are outshining gold itself. You can see this vividly […]