Pretium Resources Jumps After ‘Positive’ Q3 Production Update
Shares of Pretium Resources (PVG) surged after the company reported third quarter production results for the high-grade gold Brucejack Mine. Pretium said that, in Q3, the Brucejack Mine produced 82,203 ounces of gold. In July, at the onset of the quarter, mill feed was predominately from low-grade stockpiles and development muck and 16,882 ounces of […]
Can going into business with friends ever work?
Never go into business with friends. We’ve all heard it before – this snippet of advice has been uttered countless times, given in grave tones that allude to apocalyptic scenarios. And with good reason. Yet that doesn’t stop some from attempting to make it work. When childhood buddies or newfound social allies decide to work […]
4 Favorite Sectors Of Q3 Earnings And Their ETFs & Stocks
The Q3 earnings season is underway with major banks set to report this week. Earnings for the S&P 500 index are expected to grow 2.3% from the same period last year on 5% higher revenues, as per the latest Earnings Trends. However, earnings growth is on track to be the lowest this year after double-digit growth […]
The Future Of Active Management
Here is a great debate on active vs passive investing between Barry Ritholtz and Nir Kaissar. Go have a read and let me know what you think about it in the forum. But before you do that here’s what I think the future of active management will look like. I started writing about the myth of passive investing several […]
USD Strategy Against Euro, Yen Ahead Of FOMC Minutes, CPI
Talking Points: – The remainder of this week brings some interesting push points for the U.S. Dollar, with today at 2PM ET bringing the release of FOMC minutes from the September rate decision. On Friday, we get CPI and Advance Retail Sales, and each of these outlays can provoke or propel the U.S. Dollar. – The Greenback […]
Global Natgas Politics Just Got More Heated With This Mega-Deal
Chinese E&P major Sinopec (SHI) reportedly put its Argentina assets up for a $1 billion sale this week. With one of the interested buyers said to be Russia’s Rosneft (RNFTF). And that latter firm made ever bigger waves in the global natural gas industry this week with the purchase of a stake in one of […]
How Big Is The Threat Of A Crash In The 7th Year Of The Decade?
Years ending in 7, such as the current year 2017, have a bad reputation among many stock market participants. Large price declines tend to occur quite frequently in these years. Just think of 1987, the year in which the largest one-day decline in the US stock market in history took place: the Dow Jones Industrial […]
Natural Gas As Of Oct. 11
Favoring a breakout from the downtrending channel for NG source: INVESTING.com
Euro Gains On Catalonia Pullback
The Euro rose higher on Wednesday after Catalonia pulled back from declaring independence from Spain. Carles Puigdemont, Catalan leader proposed the parliament suspend the October 1 referendum and await the outcome his meeting with the Spanish government. “There was a chance Puigdemont would have made a decisive declaration, so now yields are dropping because there […]
“It’s A Decentralized Revolution” – Novogratz Sees Bitcoin At $10,000 Within A Year
Former Fortress Principal Michael Novogratz is not shy to share his opinion of virtual currencies. In June he explained “cryptocurrencies were likely the biggest bubble of his lifetime,” but remained positively constructive with 20% of his net worth in various coins including Bitcoin and Ethereum as he made billions. “Novo” – as his friends call him – as he made billions. […]
