Volatility is here to stay
A new guest Eddie Ghabour, Co-Owner and the Managing Partner of Key Advisors Group, LLC based in Delaware shares his thoughts on the health of the overall financial markets. Eddie is seeing clients look to riskier assets. We also chat about his outlook on banks in the US compared to what they looked like back in 2008.
Click download link to listen on this device: Download Show
Thanks for your timely updates on oil, Paul.
I bought a 4000 shares in At&t at 36.50 and if I hold it for 10 years, I will get about $20 per share dividends plus a minimum capital gain of $20.
I have 4 shares of AT&T, 300 of Verizon, 300 Frontier, and over 7300 shares of SLW. Maybe I need more AT&T but I think SLW will do better over the next decade.
I don’t own SLW but I think it will do far better than AT&T (T).
http://stockcharts.com/h-sc/ui?s=SLW&p=D&yr=1&mn=0&dy=13&id=p44105109377&a=491856415
No doubt Slw will do better but no big income +5% dividend and up and down movements of 7 to 10 times higher.
Yes, definitely an apples to oranges comparison.
The tangible book value for T is negative $100 billion
Thanks, Matthew, I won’t trade my SLW for T. I think It will get to 100 before T does, but it will be a wild ride!
NEW YORK, Dec 6 (Reuters) – AT&T Inc’s new streaming
television service DirectTV Now has so far exceeded
expectations, AT&T’s CEO Randall Stephenson told investors on
Tuesday.
“This thing is doing very, very well,” Stephenson said,
without providing any subscriber numbers but said the service
achieved its subscriber forecast for December on launch day,
Nov. 30.
DirecTV Now, which streams live television content to
internet-connected devices, was launched to help drive sales in
a saturated cell phone market.
(
Gold standard approved for ISLAMIC Finance…..Bloomberg
Off topic:
Here’s something that arrived in my inbox today. Dangerous morons, imo, the figurative zombie army:
WE REFUSE! NO PASÁRAN! SHUT DOWN TRUMP’S INAUGURATION
J20resist.org is a resource to assist this historic moment. It is a way for peopleall over the country to coordinate to push back against Trump and those who enabled his rise to power.
At J20resist.org groups and individuals can connect up, coordinate travel to DC, connect with local actions – student walk-outs, stay aways, shut downs and rallies in the U.S. and around the world.
On January 20th, hundreds of thousands of people will be storming the streets across the US against Trump’s accelerated assault on migrants, LGBTQ people, women, unions, people of color, and the entire working class.
Now more than ever, we need massive resistance in the streets to shut down Trump’s agenda of racism, sexism, migrant-bashing, cutbacks and war. With capitalism in decline, this agenda can be a recipe for fascism.
While both the Democrats and the Republicans are telling us now to accept the results of the election and look to “work with” President Trump, we completely refuse to accept this racist billionaire as the leader of this country. Trump has no solutions for the real issues faced by billions of workers across the world.
Capitalism, imperialism and the racist cops occupying our communities are the real problem. We, the millions of people ready to take direct action against the attacks of a Trump administration, are the solution.
Only mass action can push back this racist, sexist agenda. We are entering a new era of historic resistance, led by the struggles of Black Lives Matter and the water protectors at Standing Rock. We stand ready to put our bodies in front of deportation busses, bulldozers, tanks and other war machines. The working class and oppressed must join together in this historic moment with the full understanding that real power is in the streets, not in the White House and not the Pentagon.
Let’s show on January 20th that another world is possible. There is an alternative to racist terror, sexist oppression, homophobia, transphobia, migrant-bashing and bigotry. There is an alternative to capitalism and fascism.
On January 20th, let’s shut down DC with a historic mobilization of the people, united against Trump’s assault on the people.
Let’s fight for the revolution we really need. Now is our time to be in the streets.
We say NO to Trump, NO to Clinton, NO to capitalism, NO to war and NO to the two-party system that supports all of the above.
On Friday, January 20th, we will make sure our collective voice is heard throughout the halls of power and across the world.
Join us!
—
This message was sent to gradyharper@yahoo.com
You are subscribed to IAC Solidarity Center action alerts.
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You’re being generous to call them morons. What they stand for is much closer, at least in spirit, to imperialism and fascism yet they keep putting capitalism in that category. Capitalism is the exact opposite of totalitarianism.
The sheeple are just like the bankers that they despise; both want to live at the expense of everyone else. Cannonfoddershitforbrains.
All true.
This crap is organized by the same old culprits, Soros, etc.
Many of those who will turn out for this will be idealistic young liberals, highly ‘educated’ (indoctrinated), who are rightly pissed off about the general state of affairs, but don’t know nearly enough to see through the lies they been marinating in their entire lives.
Matthew, I know you refuse to admit silver has been in a bear market for several years now. I also know you will not make a forecast.
So, in all honesty I will ask you this question…
What will it take price wise for you to call silver a bear market.
Obviously you are using some percentage from its high to still call it a cyclical bear market within a secular bull market.
So when does it become a secular bear market?
No, I am “obviously” not using some percentage. In fact, I focus on gold when deciding if silver is in a bull market since gold is the better money and it is the metals’ “moneyness” that drives them.
I really don’t want a monthly close below the original uptrend line from 2001-2002 (about $1,115 this month) and that means that I also do not want a new low or even a double bottom BUT the secular uptrend will remain intact as long as gold doesn’t go below the 2008 low (precisely a 75% retracement from the high).
So there is really virtually no threat to the secular bull but there does appear to be a potentially significant threat to my intermediate term bullishness.
For those who can see a monthly chart:
http://stockcharts.com/h-sc/ui?s=%24GOLD&p=M&yr=17&mn=0&dy=0&id=p50220423709&a=367847899
Brazil Resources to change name to GoldMining
2016-12-05 09:14 ET – News Release
Mr. Amir Adnani reports
BRAZIL RESOURCES ANNOUNCES NAME CHANGE TO “GOLDMINING INC.” AND NEW SYMBOLS “GOLD” IN CANADA AND “GLDLF” IN THE U.S.
Brazil Resources Inc.’s board of directors has approved a change of its name to GoldMining Inc., effective Dec. 6, 2016, in order to better reflect its existing business. The company also announces that it will concurrently complete a continuation under the Canada Business Corporations Act (the CBCA).
It’s always good to have the metal in the name when in a bull market.
Matthew – I hit you up with one more post on yesterday’s Doc blog regarding Jay Fi Fighter (good guy) and how he keeps both the primary and OTC listing at times to play the arbitrage. Check out his portfolio link.
Here’s the link to yesterday’s Doc blog for ease:
http://www.kereport.com/2016/12/05/higher-targets-markets-potential-warning-sign/
Thank you, Ex.
Yeup.
Iran has managed to increase production of ballistic missiles despite budget constraints by streamlining the manufacturing process, the commander of the Iranian Revolutionary Guard Corps’ air and missile force said.
“In addition to enhancing the precision-striking power and quality of ballistic missiles, the Iranian authorities and experts have used innovative and shortcut methods to produce inexpensive missiles, and today we are witnessing an increase in production [of ballistic missiles],” Brig. Gen. Amir Ali Hajizadeh said in Tehran on Tuesday, as cited by Fars News Agency.
Meanwhile, Iranian Defense Minister Brig. Gen. Hossein Dehqan said “90 percent of the country’s defense systems have reached an acceptable standard and enjoy competitive quality compared with the weapons of advanced countries.”
Iran, cut off from weapons markets and finding its more advanced technology such as fighter jets left without maintenance or resupply after the 1979 Islamic Revolution, pursues domestic production of all the systems it needs for national defense.
The development of rocket technology is part of this effort, which pits Tehran against its regional rivals Israel and Saudi Arabia. The US, an ally and major arms supplier of both these countries, has consistently imposed sanctions against Iran over the development and testing of ballistic missiles. This policy has not changed, even after last year’s historic nuclear deal which eased concerns over Iran’s potential to develop nuclear weapons – an ambition that Tehran denies ever having.
The tension is expected to escalate further under the administration of President-elect Donald Trump, as both he and politicians slated to form his cabinet have criticized the nuclear deal.
Last week, the Republican-controlled US Senate voted unanimously for a 10-year extension of anti-Iran sanctions, shortly after overwhelming support for the move in the House.
READ MORE: ‘Iran will not stand idly by’ if US sanctions are extended – Ayatollah Khamenei
Iranian Supreme Leader Ayatollah Khamenei, who views the nuclear deal with skepticism, earlier warned that the passage of the Iran Sanctions Act would not go without retaliation.
I want to see MORE logical advice like this geared towards long term investors. Too much seems geared to day-traders.
Matthew,
So you are using one asset (gold) to determine if another asset (silver) is in a bull or bear market. In this case whether or not it is a cyclical or secular bear market.
While it’s true they are both in the same asset class, to use one to gauge the other is playing very fast and loose.
Basically you are making up your own definition of what a cyclical bear market is.
Silver could go to $4 and as long as gold holds above your needed level, silver would still be in a secular bull market.
This is patently absurd of course.
Putting all that aside, hasn’t the trend line in gold from 2001 already been broken?
Where and how are you drawing a trend line?
James, you are wrong again. I am not playing it fast and loose. Silver will not enter a secular bear without gold doing so.
Just for you: silver would have to take out its 2008 low of $8.40 to end its secular bull market.
YOU have proven yourself to be patently absurd.
Matthew, once again youmproven your true colors.
I disagree with your method of determing a cyclical bear market and call it patently absurd and you resort to your same mo and personally attack me calling me patently absurd.
Jusst for the record your definition of a cyclical bear market is a joke as are you.
Any market that has fallen more than 20% is in a bear market, and any market that has stayed fallen for over 1 year, in silvers case 5 years and is still down over 50% is indeed a secular bear market.
Your definition is complete junk
Where did you get your definitions, James? Anything that falls for over a year is in a secular bear market??
This just says that you don’t understand the concepts of secular and cyclical.
I don’t imagine you will do it, but if you were to go to Zealllc.com and search the archives, you would find some articles that do a very complete job of explaining these concepts with particular reference to the precious metals.
Ok, so you believe gold and silver are in a secular bear market but you refuse to sell and continue to visit a site that is focused on gold/silver investing. Funny.
You are obviously the kind of “investor” that Stewart Thomson calls Elmer Fudd. You don’t have a clue what you are doing.
Luckily for you and your unprofessional investing approach, the secular trend IS still UP and your opinion is dead wrong.
Here is the long-term up-trend on the daily chart. As I said the other day, my opinion is that this up-trend line will trump the down-trend line that you are still waiting to see broken to confirm a new bull.
It actually looks lower than on the monthly chart that Matthew posted recently, so rather than the low 1100s, it looks like it is somewhere in the 1000s right now. I’m not sure why, but sometimes there are slight discrepancies like this between the different time scales. You don’t need to ask how it was done–you can zoom in on any time frame you want and see for yourself.
BTW – It is nice to see you actually asking some questions in your posts. We all have lots to learn. But most of us have learned more from Matthew than he has from us.
Time to start getting back into oil for the next rally. At&t is rallying back and headed higher. I have a huge gain on this one.