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By Rob Otman Michael Kors (Nasdaq: KORS) is a $6 billion company today. Investors that bought shares one year ago are sitting on a -13.21% total return. That’s below the S&P 500’s return of 17.39%. Michael Kors stock is underperforming the market. It’s beaten down, but it reports earnings tomorrow. So is it a good […]

By Cory Gold and the VIX to the next Fed meeting Another slow day in the markets so I take a look ahead to what will drive gold and the markets into the Fed meeting and beyond. With investors largely ignoring weak economic data and money continuing to flow out of the USD this summer

By James Rickards The current rally in gold began on December 15, 2016 at $1,128/oz. For over 5 months, gold has Adhered to a pattern in which each new high price is above the one before (“higher highs”), and each drawdown settles at a price above the one before (“higher lows”), If this pattern persists,

By James Rickards This post The Greatest Financial Bubble in History appeared first on Daily Reckoning. China is in the greatest financial bubble in history. Yet, calling China a bubble does not do justice to the situation. This story has been touched on periodically over the last year. China has multiple bubbles, and they’re all

By Cory Is liquidity becoming a problem for the Fed and markets Another slow day for the markets so we take a step back and look at how these markets continue to hit all time highs. Chris Temple kicks off today with a discussion of how the markets ignore data and news but certain sectors

By Greg Guenthner This post These Facebook Secrets Could Hand You Huge Profits appeared first on Daily Reckoning. Big tech stocks are dominating the market. Facebook Inc. (NASDAQ:FB) continues to push to new highs this year. The social networking giant has cemented itself as an important market leader once again, blasting off its post-election lows

By analyst By Cecilia Jamasmie Canada’s Diamcor Mining (TSX-V:DMI) said Tuesday it has found a 5.36 carat green gem quality octahedron rough diamond from its Krone-Endora project in South Africa, located next to De Beers’ Venetia mine, the world’s third largest. While the significance of this rough green diamond is currently uncertain, the company said

By Jordan Roy-Byrne CMT, MFTA Monday morning we sent subscribers a brief, 20-page update as we are in Vancouver at the Cambridge House conference. We remain cautious and bearish on the sector and are actively looking for new prospects. We have found a few which we will discuss in the next few weeks. Below we

By analyst By Frik Els With Chinese and US traders on a break, the iron ore market took a breather on Monday after wild price swings saw the steelmaking raw material fall to a more than seven-month low on Friday. The Northern China import price of 62% Fe content ore is down 15% for in

By analyst By Cecilia Jamasmie While many still see space mining as science fiction, the US National Aeronautics and Space Administration (NASA) is fast tracking its planned mission to 16 Psyche — an iron ore and nickel rich asteroid, worth roughly $10,000 quadrillion. To put that value into perspective, the targeted celestial body’s estimated value