Articles related to Bank of America
 
Dudley Pierce Baker - Precious Metals Investment
The Speculative Merits of Common Stock Warrants
There are days, and this is one of them, when I feel like I'm preaching to the choir about the profit potential of investing in common stock warrants. It's a small choir of successful investors, but there are few people in the pews paying attention to my sermon. The granddaddy of investing in stock warrants was Sidney Fried, who died in 1992 at age 72. He was active from the 1950s to the 1970s, publishing a warrant survey newsletter, "The RHM Warrant Survey", and writing many books abo
Saturday, October 31, 2020
Mark O'Byrne - gold.ie
Crypto Currency Backlash Sees Flight From Cryptos and Bitcoin
– Bitcoin falls from $20,000 to below $6,000 and bounces back to $8000– Top 50 crypto currencies lost over 50% of value in 24 hours– Over $60 billion wiped off entire crypto currency market in 24 hours– Markets concerned about increased regulation, manipulation & country-wide bans– ‘Growing global unease about risks virtual currencies pose to investors and financial system’ – SEC– Gold acting as store of value from “correcting” stock markets & crashing cryptos – Gold is essentially flat in recen
Wednesday, February 7, 2018
Chris Powell - GATA
Bitcoin ban expands across credit cards as big U.S. banks recoil
A growing number of big U.S. credit-card issuers are deciding they don’t want to finance a falling knife. JPMorgan Chase & Co., Bank of America Corp., and Citigroup Inc. said they're halting purchases of bitcoin and other cryptocurrencies on their credit cards. JPMorgan, enacting the ban today, doesn't want the credit risk associated with the transactions, company spokeswoman Mary Jane Rogers said. Bank of America started declining credit card transactions with known crypto exchanges on Friday.
Tuesday, February 6, 2018
Michael Pento - Delta Global Advisors
Don’t Fight the Fed! Or the Rest of the World’...
On March 9, 2009, The Wall Street Journal’s Money and Investing section posed this ominous question: "How low can stocks go?" The stench of economic malaise was suffocating as the Dow Jones Industrial Average (DJIA) rounded off its fourth straight week of losses, and the S&P 500 touched below 700 for the first time in 13 years. Goldman Sachs cautioned the S&P could fall to 400, while CNBC’s Jim Cramer was busily calculating the stock valuations of the DJIA components based on balance sheet cash
Tuesday, January 30, 2018
Deepcaster
Profiting in 2018 (Part 2)
DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical IntelligenceUnfortunately, as we demonstrated in Part 1 and further demonstrate below, the underlying Economic Reality was and still is that the Economy is not healthy and not recovering which is obvious when one looks at the Real Numbers per Shadowstats.com (Note 1) rather than the Bogus Official Ones.So, our focus in this Part2 i
Thursday, January 25, 2018
Richard Mills - Ahead of the Herd
Bond Market Bear Creating Gold Bull
Gold is climbing as bond yields rise and the dollar falls, over speculation that China is pulling back on buying US Treasuries and Japan signals it is winding down its quantitative easing program. Meanwhile, US debt continues to grow after the Republicans under President Trump pushed a trillion dollars worth of tax cuts through the Senate, that the Congressional Budget Office thinks will add $1.7 trillion to the deficit over the next decade. The dollar, 10 year yields and golds price
Saturday, January 20, 2018
Adrian Ash - Bullion Vault
  2018: The Wrong Lesson on Gold Investing
Gold investing can wait 'til the crash. Right...? SO EVERYONE thinks the stock market is about to pull back or even crash, but no one is doing a damn thing about it, writes Adrian Ash at BullionVault. "Many clients we meet are fully invested bears," reports ever-bearish strategist Albert Edwards at SocGen, "nervously looking over their shoulder for signals of the next 'G
Saturday, January 13, 2018
Bullion Vault
Silver Lags Gold Price But Comex Speculators Turn Net Bullish as Fed Member Cuts Dollar Rate Outlook
GOLD PRICES held onto last week's 1.4% gains in London trade Monday but silver slipped amid a rally in the Dollar on the forex market. World equities pushed up to fresh all-time record highs as major government bond prices also rose, pushing interest rates lower. European banking stocks lagged the broader gain in equities, however, after Germany's Deutsche Bank said at the weekend i
Monday, January 8, 2018
Rory Hall - The Daily coin
Big Gains for Silver in 2018
We are finding a lot of support for our thesis that silver and gold will be on the rise in 2018. We firmly believe silver is going to surprise everyone in 2018 and be even more surprising throughout 2019. In order to achieve some of the lofty heights we believe are going to come into view over the next 2-3 years 2018 has to jump up somewhere around 20+%. To the crypto crowd that’s not even worth writing about, but with silver and gold we have something real, that is decentralized and off grid. T
Tuesday, January 2, 2018
FOFOA - FoFOA
Happy New Year!
2018 Year of the POP If you'd like to read "Year of the POP", I'm sure you can guess where it can be found. ;D At the Speakeasy, we discuss things like bullion, bitcoin, bubbles, banking, and much much more. As I did in Nine, at the ninth anniversary of this blog, and back in May at the second anniversary of the new Speakeasy, I have started a new tradition of sharing samples from the Speakeasy here. For this one, I picked a fun post from back in August. It's about the coat-check room view o
Tuesday, January 2, 2018
Michael S. Rozeff - Lew Rockwell
Occupy
Central banks exist for a single reason - to inflate the supply of paper currency. They are a currency-creating and currency-inflating institution. This serves two interest groups in the main. One is the fractional-reserve banks that they regulate. The other is the government that created them. For the banks, the alternative to a central bank is to be subject to the forces of mark
Monday, January 1, 2018
Mark O'Byrne - gold.ie
98,750,067,000,000 Reasons to Buy Gold in 2018
– World equity index market capitalization touching distance of $100 trillion dollars at beginning of December – Key indicators across global financial markets are looking decidedly bubble-like – Little indication that we are through the worst of the financial crisis that started in 2007 – Apparent lack of concern regarding the over-heated and overpriced markets – Since financial crisis gold has climbed nearly 124% in EUR, 190% in GBP and 98% in USD – Goldcore’s latest podcast covers gold’s role
Sunday, December 24, 2017
Sprott Money
The Dumbest Dumb Money Finally Gets Suckered In - John Rubino
Corporate share repurchases have turned out to be a great mechanism for converting Federal Reserve easing into higher consumer spending. Just allow public companies to borrow really cheaply and one of the things they do with the resulting found money is repurchase their stock. This pushes up equity prices, making investors feel richer and more willing to splurge on the kinds of frivolous stuff (new cars, big houses, extravagant vacations) that produce rising GDP numbers. For politicians an
Wednesday, November 29, 2017
Bullion Vault
Gold Prices Recover as India, China Premiums Rise But GLD Flat After Institutional Jump
GOLD PRICES recovered two-thirds of this week's earlier 1.3% drop against the Dollar on Wednesday, trading up to $1286 per ounce as Asian demand edged premiums in China and India higher, and world stock markets rose yet again. Government bond prices sat tight, keeping 10-year US Treasury yields unchanged at 2.36%, in the middle of the last month's range. Crypto-currency Bitcoin slipped 2.0% from
Wednesday, November 22, 2017
Bullion Vault
Gold Prices Hit 4-Week Dollar High as Stocks Fall from 'Irrational Exuberance'
GOLD PRICES jumped to 4-week highs against a weakening US Dollar in London trade Wednesday lunchtime, reaching $1288 per ounce as world stock markets followed Wall Street lower for the 5th session running. New data today showed US inflation holding at the Federal Reserve's 2.0% annual target in October, while retail sales rose 4.6% from the same month last year. Silver and platinum
Wednesday, November 15, 2017
Sprott Money
We’ll Look Back At This And Cringe, Part 1: European Junk Bonds Yield Less Than US Treasuries - John Rubino
Financial bubbles are the office Christmas parties of the investment world. They start slowly, with a certain amount of anxiety. But they end wildly, with acts and decisions that in retrospect seem really, really stupid. Millions of people out there still bear the psychic scars of buying gold at $800/oz in 1980 or a tech stock at 1,000 times earnings in 1999 or a Miami condo for $1,000 per square foot in 2006. Today’s bubble will leave some similar marks. But where those previous bubbles w
Wednesday, November 8, 2017
Jan Skoyles - GoldCore
German Investors Now World’s Largest Gold Buyers
– German gold demand surges from 17 ton-a-year to a 100 ton-plus per year – €6.8 Bln spent on German gold investment products in 2016, more per person than India and China – Germans turned to gold during financial crises and ongoing euro debasement – Evidence of latent retail demand on increased economic concerns – “Gold fulfils an important long-term, wealth preservation role in German investors’ portfolios” Editor: Mark O’Byrne India and China often grab the headlines as the world’s largest
Monday, November 6, 2017
Jan Skoyles - GoldCore
Gold Up 74 Since Last Market Peak 10 Years Ago
– 10 year anniversary of pre-Global Financial Crisis market peak in S&P 500 on October 9th – Gold up 74% since the last market peak a decade ago; 11% pa in USD, 9.4% pa in EUR and 12.4% pa in GBP – Precious metal has climbed $736/oz on Oct 9th 2007 to $1278.75 ten-years later – S&P 500’s 102% climb is thanks to asset-pumping policies by central banks, rather than value – Gold’s performance is slowly forcing mainstream to re-consider gold – “Notion of gold as a hedge against serious risk aversion
Saturday, October 21, 2017
Michael Pento - Delta Global Advisors
  Bitcoin is Not New and Improved Money 
Cryptocurrencies are being billed as a new and improved form of money that has been offered to us courtesy of technological evolution. There is a big problem with this conclusion. That is, digital money is not money at all. And proving this truth serves to underscore why gold has been utilized as the best form of money for thousands of years. In the 2013 film titled “Her,” lonely Theodore, played by Joaquin Phoenix, falls in love with Samantha, an operating system. Despite Samantha’s lack of phy
Wednesday, October 4, 2017
Jan Skoyles - GoldCore
Gold Matches SP 500 Performance In First 3 Quarters; Up 12 2017 YTD
Editor Mark O’Byrne – Gold climbs over 12% in YTD, matching S&P500 performance – Palladium best performing market, surges 36% 2017 YTD – Gold outperforms Nikkei 225, Euro Stoxx 50, FTSE and ISEQ – Geo-political concerns including Trump and North Korea supporting gold – Safe haven demand should push gold higher in Q4 – Owning physical gold not dependent on third party websites and technology remains essential Click to enlarge. Source Finviz.com In the year-to-date the gold price performance has m
Sunday, October 1, 2017
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