Is it Time To Dump Gold Stocks?
As a contrarian and long-term holder of Goldcorp. (now Newmont), the latest push higher in the price of gold begs the question: is now the time to sell? The concern, for the uninitiated, is that [...]
As a contrarian and long-term holder of Goldcorp. (now Newmont), the latest push higher in the price of gold begs the question: is now the time to sell? The concern, for the uninitiated, is that [...]
Shares in Wish List holding American Shared Hospital Services skyrocketed yesterday on more than 3.4 million shares traded (or more shares than had been traded in all of 2020). While these gains were not warranted [...]
In the first quarter of 2020 Berkshire dramatically raised its cash position while stock holdings fell, sequentially, by 27%. In other words, during the largest collapse in Berkshire’s equity holdings since 4Q08 (when Buffett was [...]
At the height of the 2008 panic, when all seemed lost, out peered a wise man by the name of Warren Buffett:“So ... I’ve been buying American stocks. This is my personal account I’m talking [...]
It took a lot of money and/or or electronic equivalents for the Federal Reserve to paper-over the 2008 meltdown. Moreover, the process of bailing out the insolvent U.S. financial system took many years, and the [...]
In recent weeks one of the most notorious book talkers in history, Pershing Square’s Bill Ackman, has been at it again:“Ackman’s extraordinary doom-laden appearance on CNBC, in which he revealed he had evacuated his family [...]
In the last 3 trading sessions the Dow has logged two of its top six worst percentage declines in history. The Fed, already out of traditional rate cut ammo, is almost certainly contemplating more extravagant [...]
The Federal Reserve has cut its funds rate to zero (to 0.25%) and announced another wave of quantitative easing (QE4). These actions provide confirmation that the U.S./global financial system is so dependent on stable/rising asset [...]
As the coronavirus continues to spread, activity in the financial markets suggests that the worst is not over. The growing sense of unease was on full display yesterday when U.S. stocks plunged by the most [...]