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Silver Price Stabilizes And Rebounds After Correction

Silver Price Stabilizes And Rebounds After Correction

Image Source: Pixabay The silver price rebounded on Monday, trading a dollar higher following a 2-week correction. Which was a healthy sign, and in contrast to the way we’ve seen silver trade in past years, where once a peak was hit, the corrections were often severe and prolonged.So in today’s how with Steve Cope of Silver […]
A Look At Pharma ETFs Post Q1 Earnings

A Look At Pharma ETFs Post Q1 Earnings

Image Source: Pixabay The first-quarter results of the healthcare sector have been unimpressive, with earnings of 78% of the sector participants that have reported so far down 31.2% despite 4.4% revenue growth. The earnings beat ratio of 93.9% and the revenue beat ratio of 75.8% are assuring, though. Combining the actual results with the estimates for the still-to-report […]
Bad Data And Bad Policy Will Force Fed To Scramble To Cut Rates

Bad Data And Bad Policy Will Force Fed To Scramble To Cut Rates

Image Source: Pexels Today’s guest expert just released a warning that the official jobs data reported by the government are “overstated by historical proportions”.And when the downward revisions get released, it will shock both the Federal Reserve and the financial markets.For the details on this, we turn to the man who wrote the report, highly-respected economist […]
Jim Grant: The Federal Reserve Is Broke!

Jim Grant: The Federal Reserve Is Broke!

Image source: Wikipedia The Federal Reserve is losing billions of dollars. As financial journalist and market analyst Jim Grant put it during a recent interview on Fox Business , the Fed is actually broke.But most people don’t seem concerned about the central bank’s financial condition. They are more concerned about what Donald Trump may do to […]
What Wall Street Experts Are Saying About Reddit Ahead Of Earnings

What Wall Street Experts Are Saying About Reddit Ahead Of Earnings

Image Source: Unsplash Reddit (RDDT) is expected to announce first quarter results on Tuesday, May 7 after the market close, with a conference call scheduled for 5:00 pm EDT. What to watch for: INAUGURAL PUBLIC EARNINGS REPORT: Reddit’s earnings report after the bell will be its first quarterly earnings report since the social media company started trading publicly in […]
US authorities identify and charge Russian mastermind behind LockBit ransomware group

US authorities identify and charge Russian mastermind behind LockBit ransomware group

The US Department of Justice (DOJ) has identified Russian national Dmitry Khoroshev as the mastermind behind the notorious LockBit ransomware gang and is offering a $10 million reward for information leading to his arrest.In a 26-count criminal indictment unsealed Tuesday morning, prosecutors allege that Khoroshev, 31, developed, promoted, and oversaw the LockBit software, recruiting “affiliates” […]
Grains Report – Tuesday, May 7

Grains Report – Tuesday, May 7

WHEAT General Comments: Wheat was higher yesterday on fund buying fueled by part patterns and the dry weather in Russia. Trends are up in Minneapolis. The weather is still a key, with extreme dryness reported in Russia and parts of the US and too wet conditions reported in Europe. The weekly export sales report showed […]
Stellar 3Y Auction Stops-Through Thanks To Jump In Foreign Demand

Stellar 3Y Auction Stops-Through Thanks To Jump In Foreign Demand

Image Source: Pixabay The first refunding auction of the quarter just concluded when the Treasury sold $58BN in 3-year paper, unchanged from last month’s size and matching the previous record high hit during the covid crisis.The auction priced at a high yield of 4.605%, up from 4.548% in April, but while that auction tailed by 2bps, […]
Australia’s RBA Maintains 4.35% Rate; Inflation Still A Risk

Australia’s RBA Maintains 4.35% Rate; Inflation Still A Risk

Image Source: Pixabay The Reserve Bank of Australia (RBA) concluded its two-day May policy meeting by maintaining the current interest rate at 4.35%. This rate has not been seen in over a decade. The decision marks the sixth consecutive month that rates have remained steady. It underlines the central bank’s cautious approach towards the country’s economic […]
What Will CBDCs Mean For Gold?

What Will CBDCs Mean For Gold?

With the eventual introduction of central bank digital currency (CBDCs) now seemingly inevitable, there are a lot of directions central banks could take with their digital currency projects that would have dramatic implications for the price of gold.Touted for their “convenience” and “efficiency,” the endgame of digital currencies is not only achieving greater power over the currency but also a means of […]