Exclusive Insights on the Gold Market – Thu 22 Jun, 2017

By Cory Gold Miners – Sentiment, GDX Chart, and Quality Stocks Diverging A close look into the junior mining sectors with The Junior Miner Junky David Erfle. We look at the bearish sentiment in the sector as judged by the Gold Miners Bullish Percentage Index ($BPGDM) as well as the GDX chart. With a tighter and tighter range investors are waiting to see which way it breaks. We also touch on the Uranium sector at the end of the interview. Click here to visit David site and consider signing up for his newsletter. Download audio file (2017_06_22-David-Erfle.mp3) …read more Source:: The Korelin Economics Report The post Exclusive Insights on the Gold Market – Thu 22 Jun, 2017 appeared first on Junior Mining Analyst. … Continue reading

US coal tycoon Robert Murray sues ‘Last Week Tonight’ host, network

By analyst By Cecilia Jamasmie Robert E. Murray, founder and chief executive of Murray Energy, the largest privately held coal mining company in the US, is suing John Oliver, HBO, Time Warner, and the writers of the “Last Week Tonight” show over an episode on the coal mining industry that aired on Sunday night. The lawsuit for defamation is against John Oliver, the writers of Oliver’s show “Last Week Tonight”, HBO and Time Warner. Murray’s suit, filed on Wednesday in West Virginia, claims that host Oliver, the show’s writers, HBO, and Time Warner executed “a meticulously planned attempt to assassinate the character of and reputation of Mr. Robert E. Murray and his companies” by broadcasting the segment that heavily criticized the coal industry and Murray, the Daily Beast reported. The suit goes on saying the defendants “did this to a man who needs a lung transplant, a man who does … Continue reading

Valuable Insights from Around the Web – Thu 22 Jun, 2017

By Cory Where in the World Can Value be Had in the Equity Markets? This post was brought to my attention by Jesse Felder of the Felder Report. Investors are always looking for value but in markets that have been going up for 9 years it can be hard to find. Recently we have been discussing the money flows out of US equity ETFs and into European and EM ETFs. This is an example of investors looking for value. However within US markets there has been a rotation where again investors are trying to find value. The post below outlines some of the sectors within the market that are overvalued vs undervalued – using a median company price to book ratio relative to a 10 year average. Click here for the original posting at the Knowledge Leaders Capital blog. To say that value is difficult to find in the global … Continue reading

Why Accenture Stock Is Rated a “Hold” Today

By Rob Otman Accenture (NYSE: ACN) is a large cap company that operates within the IT services industry. Its market cap is $83 billion today, and the total one-year return is 8.66% for shareholders. Accenture stock is underperforming the market. It’s beaten down, but it just beat earnings estimates. So is it a good time to buy? To answer this question, we’ve turned to the Investment U Stock Grader. Our Research Team built this system to diagnose the financial health of a company. Our system looks at six key metrics… [iu-adbox] ✗ Earnings-per-Share (EPS) Growth: Accenture stock is underperforming the market. It’s beaten down, but it just beat earnings estimates. So is it a good time to buy? ✓ Price-to-Earnings (P/E): The average price-to-earnings ratio of the IT services industry is 25.99. And Accenture’s ratio comes in at 22.55. It’s trading at a better value than many of its competitors. … Continue reading

Rick Ackerman and Technicals – Thu 22 Jun, 2017

By Cory Updated Comments on Gold, US Markets, and Crude We are all back from the Rye Patch site visit and will be posting pictures and videos later today. Rick Ackerman kicks us off today with some updated targets and thoughts for gold, US markets, and crude oil. The crude oil comment Rick makes at the end is particularly noteworthy. Click here to visit Rick’s site for more technical commentary. Download audio file (2017_06_22-Rick-Ackerman.mp3) …read more Source:: The Korelin Economics Report The post Rick Ackerman and Technicals – Thu 22 Jun, 2017 appeared first on Junior Mining Analyst. … Continue reading

Is Buying Low and Selling High Possible in America Anymore?

By Eric Fry Paris’ ritzy Place Vendôme is a nice place to shop, but it’s not a cheap place to shop. It offers top-quality goods at premium prices. New York’s Wall Street is no different. The stocks on display there are as richly priced as a Louis Vuitton handbag. So if you’re hoping to find a bargain, you may have to look elsewhere. According to the pervasive narrative, U.S. stocks are hitting record highs because earnings growth is strong. Unfortunately, this feel-good narrative ignores one important fact: the S&P 500’s earnings per share (EPS) are lower today than they were three years ago. In September 2014, the S&P’s trailing 12-month EPS topped $113. Today, the S&P’s earnings are still below that number. And yet, despite this earnings nongrowth, the S&P 500 Index has advanced 30% since then. In other words, U.S. stocks have simply become more expensive during the last … Continue reading

The Little Putsch That Could Beget a Great Big Coup

By David Stockman This post The Little Putsch That Could Beget a Great Big Coup appeared first on Daily Reckoning. So let’s start with two obvious points about the whole Russia fiasco… Namely, there is no “there, there.” First off, the president has the power to declassify secret documents at will. But in this instance he could also do that without compromising intelligence community (IC) “sources and methods” in the slightest. That’s because after Edward Snowden’s revelations in 2013, the whole world was put on notice — and most especially Washington’s adversaries — that it collects every single electronic digit that passes through the worldwide web and related communications grids. Washington essentially has universal and omniscient SIGINT (signals intelligence). Acknowledging that fact by publishing the Russia-Trump intercepts would provide new knowledge to exactly no one. Nor would it jeopardize the lives of any American spy or agent (HUMINT). It would … Continue reading

The Future Is Arriving… Big Gains Are Happening Now

By Ray Blanco This post The Future Is Arriving… Big Gains Are Happening Now appeared first on Daily Reckoning. You can be in the right place at the right time for good things to happen by coincidence. Or you can plan to be in position to win. Today, I’m going to tell you how to put yourself in a winning position. With one of my favorite breakout companies of the last year. Old Dog, New Chips If you’ve tracked tech stocks at all in the last two years, Nvidia (NASDAQ: NVDA) might sound familiar. Nvidia got its start popularizing the graphics processing unit (GPU). This was a perfect place to be back in the 1990s, as the PC gaming market was starting to take off with new immersive games that demanded greater graphics-processing power than was normally available. In this decade, Nvidia has leveraged that original technology in new and … Continue reading