By Kristin Orman Wall Street is buzzing. The largest IPO in history will hit the market next year. Saudi Arabia’s state-owned oil giant, Saudi Aramco, will go public in 2018. The company could be worth $2 trillion… or more. But not much of it is being sold. The Aramco IPO will offer just 5% of […]
Will Aramco IPO Investors Get Burned? Read More »
By Jordan Roy-Byrne CMT, MFTA Last week we wrote that precious metals should see upside follow through but to be wary of the 200-day moving averages and February highs before becoming excited. The metals did follow through as Gold gained 1.5% and Silver gained 1.9% (for the week) but the miners disappointed. GDX gained only
Technicals for Gold Miners Remain Weak Read More »
By MN Gordon Style Over Substance “May you live in interesting times,” says the ancient Chinese curse. No doubt about it, we live in interesting times. Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world as at devolves towards vulgarity. Just this week, for
By Brian Maher This post Health Care Reform Dead appeared first on Daily Reckoning. “Delay is preferable to error,” said old Tom Jefferson. Apparently Republicans agree… At 3:37 this afternoon The Washington Post announced: House Republican leaders abruptly pulled a Republican rewrite of the nation’s health care system from consideration on Friday, a dramatic acknowledgment
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By David Stockman This post It’s All Over Except the Shouting appeared first on Daily Reckoning. [Ed. Note: To see exactly what this former Reagan insider has to say about Trump and the fiscal threats from politics and the debt ceiling, David Stockman is sending out a copy of his book Trumped! A Nation on
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By Jose Vilchez-Azcona This post Veterans up in Arms Over Medical Marijuana appeared first on Daily Reckoning. After 21 years of military service, retired Army Maj. David Bass’ freedom and health are currently at the mercy of Texas state government. He’s one of thousands of veterans facing potential incarceration and fines for self-medicating with cannabis.
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By Big Al Ryancare is failing. What Should Happen Next? By Tho BishopHome | Blog | Ryancare is Failing — What Should Happen Next? Ryancare is Failing — What Should Happen Next? 26 COMMENTS TAGS Free MarketsHealthU.S. Economy 16 HOURS AGOTho Bishop The beltway Republicans are scrambling now that it seems the Obamacare replacement package
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By analyst By Frik Els Worries about the longer term supply picture for the iron ore market resurfaced on Friday after the announcement of a high-profile infrastructure deal between China and Australia. The Northern China import price of 62% Fe content ore fell again on Friday to trade at $84.40 per dry metric tonne, capping
Iron ore price: Beijing bets $5B on stranded Pilbara deposits Read More »
By analyst By Cecilia Jamasmie Canada’s Nautilus Minerals (TSX:NUS), the world’s first yet not the only seafloor miner, is on track to start operations at its Solwara 1 gold, copper and silver project off the coast of Papua Guinea in early 2019. The Toronto-based company, which also is developing another underwater project, off the coast
World’s first seabed mine to begin production in 2019 Read More »
By David Morgan The Money Show Las Vegas The Largest Gathering of Investors & Experts Converges on Las Vegas From May 15-18, the world’s top financial minds will gather at The MoneyShow Las Vegas for what may well be the event of the decade. This unique learning experience is your one-stop resource for investment education,
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