Frank Holmes: Gold Stocks and Gold are Cheap, Cheap, Cheap

Investing News, Released on 1/29/20 The Investing News Network sat down with Frank Holmes of US Global Investors at this year’s Vancouver Resource Investment Conference to talk about gold, platinum and palladium, and what’s next for precious metals.  Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment … Read more

“SARS” Versus “Wuhan”: The Difference Between “Now & Then”

by Lance Roberts A week dominated by headlines of a spreading respiratory virus has had investors recalling pandemics past, from SARS in 2003 to the Ebola scare six years ago. While the “Wuhan” virus, or known scientifically as “nCoV,” is still in its infancy, it is closely tracking both the infection and, unfortunately, death rates of the SARS virus. … Read more

Rep. Castor tells Google to fix ‘free speech’

by Fabius Maximus Summary: Our government is evolving from a Constitutional Republic into something else as America’s power centers coalesce to take power. See them moving to limit free speech. Will they succeed? Photo 86092871 © Michaeljayberlin – Dreamstime.   We are taking the next step away from a Republic running under the Constitution to a … Read more

US household spending downgrade by US Federal Reserve Increases Market Volatility

by Michael Markowski The 2:00PM press conference held by US Fed Chairman Jerome Powell at the conclusion of the January 29th FOMC (Federal Open Market Committee) meeting started out with a bang. Within minutes the S&P 500 rallied to its high of the day. Shortly thereafter, the world’s leading stock index began to make lower highs and … Read more

How the Fed Created an Uncontrollable “Monster” for the Markets

Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group Like Victor Frankenstein, the Fed may have created its own monster. It’s been called many things, such as Quantitative Easing (QE), QE Lite, QE/Not QE, “Organic” Balance Sheet Growth, and more. But no matter what you choose to call it, the bottom line is this: The Fed is growing its official balance … Read more

WHO voices ‘grave concern’ about person-to-person spread… Fear in age of outbreak: Chinese not welcome… STOCKS FALL FURTHER ON SICKNESS…

  ASIANS FIGHT BACK: I’M NOT A VIRUS! Fear in age of outbreak: Chinese not welcome… LONDON (BLOOMBERG) – Hong Kong suspends travel from China. Schools in Europe uninvite exchange students. Restaurants in South Korea turn away Chinese customers. As a deadly virus spreads beyond China, governments, businesses and educational institutions are struggling to find … Read more

Has the Global Economy Finally Exhausted its Good Luck?

by Charles Hugh-Smith All of these guarantees and redundancies are as illusory as the “unsinkable” technologies of the Titanic. The past three decades of global growth are rarely attributed to luck: it’s all the result of our brilliant fiscal, monetary and trade policies. Those in positions of wealth and power are delighted to take credit for … Read more

12,167 people were suspected of being infected with the virus as of the end of Wednesday.

The National Health Commission said in its daily report that 1,370 patients remained in critical conditions, and 12,167 people were suspected of being infected with the virus as of the end of Wednesday. A total of 124 people had been discharged from hospital after recovery. Wednesday saw 1,737 new confirmed cases, including the first confirmed case … Read more

If you participate in an Employee Stock Purchase Program (ESPP) and sold stock, make sure to adjust the cost basis when filing or you could be taxed twice!

by relaxok​ Everyone I work with and people at other companies that I’ve talked to didn’t know this and have been double paying every year. Note that not every situation is the same so please double check everything for you personally. Anyway, to summarize, when you receive stock from an Employee Stock Purchase Program, your … Read more

POWELL: ASSET VALUATIONS SOMEWHAT ELEVATED

POWELL: ASSET VALUATIONS SOMEWHAT ELEVATED pic.twitter.com/O3hVnFRDtI — Michael Lebowitz, CFA (@michaellebowitz) January 29, 2020 POWELL: "WE DO SEE ASSET PRICES AS BEING SOMEWHAT ELEVATED" Hint: Chart below covers two other bubble periods ('00/07), how do they compare w/ today??? 😴💤💤🤔@judyshel @RobSKaplan @EricRosengren @marydalyecon @RaphaelBostic @neelkashkari @benbernanke H/T @crescatkevin pic.twitter.com/SJ2NFXBI44 — M/1_LP (@MI_Investments) January 30, 2020

Tesla’s Revenues +2%, Auto Revenue +0.7%. Net Income Plunges 25%. Without “Regulatory Credits,” it Would Have Lost $28 Million. Annual Loss Hits $862 Million. Shares Spike 12%

OK, let’s look at the Tesla magic briefly. By Wolf Richter for WOLF STREET. Tesla’s profit was all about Tesla’s pollution credits, or “regulatory credits,” as it calls them. These are tax credits that Tesla gets from governments and sells to other companies. There is no cost associated with them; they’re booked as revenues and flow through to … Read more

US Quarantine Stations And Jurisdictions

https://www.youtube.com/watch?v=QE_iawTkRMM U.S. Quarantine Stations are part of a comprehensive system that serves to limit the introduction and spread of contagious diseases in the United States. They are located at 20 ports of entry and land-border crossings where most international travelers arrive (see map below). They are staffed with medical and public health officers from the … Read more

Joe Biden Caught on Video HARASSING Iowan Democrat So Bad That Tom Steyer Had to Step In

https://www.youtube.com/watch?v=2-5pwzWHPCs Chuck Ross from The Daily Caller reports, Democratic 2020 candidate Joe Biden snapped at an Iowa voter on Tuesday, telling the man to “go vote for someone else” after he asked the former vice president not to support building new pipelines. Read More/Source/Credit/FairUse: https://dailycaller.com/2020/01/28/joe-biden-snaps-iowa-voter-video/