James Rickards commented on gold at The Daily Reckoning. He said, “The most important signal is that gold’s uptrend, which began on Dec. 15, 2016, remains intact. Even after the flash crash, gold remains just a bit below the previous low of $1,210 per ounce on May 10, 2017. That means gold is set for a rally above $1,300 per
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By Mike Landfair What kind of charts do you look at to follow the market or stocks you own? Do you even look at charts? I have always used charts either to predict the future or to check out a stock story. For instance, the other day a good friend who smokes a little weed, told me about the top
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Every day, I receive information in my email box about the coming growth in the marijuana business. I’m interested in any future growth companies that could turn into performance tigers like the FANGs: Facebook, Amazon, Netflix, and Google. I want to find the next Philip Morris. The Canadian marijuana sector ranks as one of the hottest growth sectors. There is
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A friend of mine visited his late father’s wife at a retirement community in Portland, Oregon. As he was preparing to leave, he noticed a newspaper, the Northwest Boomer & Senior News. In the paper was a column by Sam Friedenberg called Elder Law. He learned some very useful information from Friedenberg, an attorney who has been practicing law for
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Will the reverse mortgage surge in the coming years? We think so. Tyler Durden at Zero Hedge wrote yesterday, “Nearly eight years into an economic recovery, nearly half of Americans didn’t have enough cash available to cover a $400 emergency. Specifically, the survey found that, in line with what the Fed had disclosed in previous years. Forty-four percent of respondents
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There’s been a lot of talk about the low level of VIX lately. Just this past week Zero Hedge commented on VIX saying, “As Nasdaq melts up faster than Bitcoin, perceived equity market risk has utterly collapsed. VIX just hit 9.92 as NASDAQ hit 6,100 (note the most recent low is 9.39 from 12/15/06 and all-time low at 8.89 on 12/27/93) What is
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By Mike Landfair When you get to be my dad’s age, it is easy to look back on a well-lived life and have some regrets regarding these 7 financial decisions. His biggest regret is embodied in the saying, “I earned lots of money when I was young and burned it all on wine, women, and song. The rest I just wasted.”
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