In September, former Fed chairman Alan Greenspan said that it’s “only a matter of time” before negative interest rates come to America. And this week, President Trump made the statement, “I want some of that money,” referring to the negative interest rate policy (NIRP) of several European
If History Repeats, Gold is Headed to $8,000
The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend channel with higher lows and recently higher highs. The breakout above $1,360 this
Germany Increases Gold Reserves for the First Time Since 1998!
The latest IMF data shows that Germany increased its gold reserves during the month of September. While the increase of 90k ounces of gold ($135 million worth) is not significant to their 108 million ounce total, this does mark the first time the German Central Bank has added gold to its reserves in
The Most Undervalued Cannabis Stocks in 2019
Cannabis markets haven’t been doing so well lately. There has been an industry-wide correction that is still in play after the mania that took place in 2018. We remain bullish on the sector in the long-term as the industry matures and more states legalize cannabis. And right now, there’s an
Drop Gold, Buy Bitcoin?
The cryptocurrency company Grayscale has launched a multi-million dollar marketing campaign imploring investors to drop gold and buy bitcoin. It is a slick video and the campaign is getting plenty of attention, but does it make any sense? The “Drop Gold” campaign kicked off Wednesday and features
Is Litecoin Just a Testnet for Bitcoin or a Vastly Undervalued Cryptocurrency?
I read a critique on Litecoin recently. The basic premise was that Litecoin is just a testing ground or testnet for Bitcoin. The author seemed to insinuate that Litecoin had little value other than testing new technologies prior to Bitcoin implementing them and was not a valuable standalone
Why These Lithium and Cobalt Companies May be the Ultimate Contrarian Play
Lithium and cobalt companies are a hidden gem in the mining sector. Lithium and cobalt, along with nickel, are the primary metals used in most modern batteries. 42% of the world’s cobalt production goes toward the creation of Lithium-ion cell batteries. According to the Cobalt Institute,
Global Economic Slowdown 2019 Continues – Protect Yourself and Profit by Taking These Simple Steps
Financial headlines around the world seem to have taken a liking to the phrase “global economic slowdown 2019.” Everywhere you look, data about declining trade, failing currencies, or falling stock markets abound. Bloomberg, Forbes, Business Insider, CNBC, RT Business, and The Washington Post are