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Banking, Economy

“Billionaire investor Jeffrey Gundlach predicts gold prices will ‘go much higher’ in the long-term”

“Billionaire bond investor Jeffrey Gundlach believes that gold (GC=F) prices will go higher in the long-term, but warns of a short-term reversal… On prior webcasts, Gundlach has talked favorably about the long-term prospects of the precious metal, saying in early… Continue Reading…

Banking, Economy

“Gold price hits another record high, closing in on $2,000”

“Gold prices are steady to slightly higher in early U.S. trading Monday but did hit another record high of $1,997.00, basis October Comex futures. Silver prices are also firmer. Same story: Good safe-haven demand and bullish charts are keeping buying interest… Continue Reading…

Stocks

“12-month price target for Actinium Pharmaceuticals, Inc. (NYSE:ATNM) now sits at $4”

“Wall Street analysts have assigned a consensus price target of $2.3 to the stock, which implies a rise of 414.54% to its current value. Analysts have been projecting $0.7 as a low price target for the stock while placing it… Continue Reading…

Economy

“Oil Prices Jump As Key U.S. Supply Data Stuns Again; Output Continues To Plunge”

“U.S. crude production fell to 11.5 million barrels per day from 11.6 million bpd in the prior week, EIA said Wednesday. That’s down from a high of 13.1 million in March and the marked the seventh consecutive decrease… U.S. crude futures… Continue Reading…

Economy

“US grocery costs jump the most in 46 years, led by rising prices for meat and eggs”

“Prices Americans paid for eggs, meat, cereal and milk shot higher in April as people flocked to grocery stores to stock up on food… The Labor Department reported Tuesday that prices U.S. consumers paid for groceries jumped 2.6% in April,… Continue Reading…

Stocks

Stocks: Oil plummets

“Stock fell Monday, tracking declines in oil prices as concerns over weak energy demand in an oversupplied market built up even further. The May contract for U.S. West Texas intermediate crude oil (CL=F), which expires on Tuesday, dropped 40.78% to… Continue Reading…

Stocks

“Taronis Technologies stock doubles on massive volume after deciding against reverse stock split”

“Shares of Taronis Technologies Inc. TRNX, +65.56% more than doubled on massive trading volume Thursday, after the fuel generation and water decontamination company said it decided not to pursue a reverse stock split. The stock soared 124% in afternoon trading, but was still… Continue Reading…

Stocks

“Dow slides… oil price war escalates”

“Dow Jones industrial average tumbled 700 points, or about 3 percent, at the open. Standard & Poor’s 500 futures sank 2.8 percent and the Nasdaq fell 2.4 percent… Saudi Arabia on Wednesday announced its first oil production increase in a… Continue Reading…

Stocks

“Chesapeake Energy’s ‘very low’ stock price prompts reverse split plans”

“Shares of Chesapeake Energy Corp. tumbled to another record low Wednesday, after the oil and natural gas production company said it was planning for a reverse stock split and that the commodities pricing environment has “further deteriorated” in recent weeks…… Continue Reading…

Business, Stocks

“5 powerful tech companies now make up 18% of the stock market…”

“We are here to say that yes, there is life outside of investing in Apple, Microsoft, Amazon, Google and Facebook. Unfortunately, most investors don’t agree — and it could end badly for them at some point. Those five powerful tech… Continue Reading…