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Archives by Year:
Media Elite Belittle Inflation Struggles Of Ordinary Americans
By Clint Siegner, Money Metals Exchange A top writer for the Wall Street Journal thinks Americans who complain about the economy just aren’t aware of how good things are.Chief Economics Commentator Greg Ip wrote a gaslighting article last week with the headline, “What’s Wrong With the Economy? It’s You, Not the Data.“The article begins with […]
Bear Of The Day: Winnebago Industries
Winnebago Industries (WGO) is a Zacks Rank #5 (Strong Sell) that manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The stock has rallied after an earnings beat, but analysts are dropping estimates as of late. Investors might want to be cautious on rallies as the stock failed […]
Shiba Inu Rises Five Percent: A Market Uplift Story
Image Source: DepositPhotosThe financial landscape is ever-evolving, with cryptocurrencies at the forefront of this seismic shift. Recently, a wave of optimism swept through the market, painting numerous charts green, and Shiba Inu (SHIB), the meme coin with a cult following, rode this bullish wave with notable gains. Despite its promising performance, a cloud of bearish sentiment […]
Gold Commentary – Monday, April 8
Gold Rally ContinuesGold prices are seeing fresh demand across early European trading on Monday with futures extending their recent rally. The market is now up around 18% off the YTD lows and is showing no signs of reversing with a combination of Fed easing expectations and rising geopolitical tensions helping keep demand well stocked here. Fed […]
S&P 500 Treading Waters Along 5,200, Wed. CPI In Focus
Friday’s rebound brought more uncertainty for the S&P 500. Is this still a topping pattern?Stock prices were rebounding on Friday, with the S&P 500 index gaining 1.11% and closing above the 5,200 level. The sentiment improved after a better-than-expected monthly jobs data. The market retraced most of its Thursday’s decline of 1.2%, but it seems […]
Newmont Corporation – Stock Analysis & Elliott Wave Technical Forecast
Unlocking ASX Trading Success: NEWMONT CORPORATION – NEM Stock Analysis & Elliott Wave Technical ForecastASX: NEWMONT CORPORATION – NEM Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with NEWMONT CORPORATION – NEM. In our Top 50 ASX Stocks analysis service, we accurately forecasted the opportunity for NEM to rise from […]
Gold At Extreme Overbought Levels As Yields Rise Further: Correction Coming?
There was no further escalation in the conflict between Iran and Israel at the weekend, which saw crude oil and gold prices drop in early Asia trade overnight. But the precious metal’s dip was quickly bought, leading to another rise to a record high of over $2350. It will be interesting to see whether the […]
Microstrategy Stock Rallies On A Super Bullish Analyst Note
MicroStrategy Inc (MSTR) is up more than 10% on Monday after a Benchmark analyst issued a super bullish note in its favour. Why is Benchmark bullish on MicroStrategy stock?Mark Palmer reiterated his “buy” rating on the business intelligence company that owns close to a quarter-million Bitcoin and said its shares could climb to $1,875.The analyst is positive on […]
US Dollar Not As Strong As Expected
Image Source: DepositPhotosUS yields have risen in the aftermath of Friday’s strong US employment report, and yet all of it has been lost on the US Dollar, which hasn’t been able to muster any momentum despite the Dollar bullish outcome.Video Length: 00:01:19 More By This Author:Geopolitical Risk And The US Jobs Report US Jobs Report Preview […]
Zimbabwe Gets Gold-Backed Currency But It Won’t Solve The Fundamental Problem
By Mike Maharrey, Money Metals ExchangeOn Friday, Zimbabwe officials introduced a gold-backed currency in an effort to stabilize the economy. But the root of the country’s problem remains – the government.The ZiG (Zimbabwe gold) will replace the Zimbabwean dollar (RTGS) over the next month. The currency will be a “structured currency” backed primarily by gold […]
