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How a Cryptocurrency Company Caused MoneyGram Shares to Double Overnight

MoneyGram International reached an agreement with blockchain company Ripple, and the result is being called "a huge milestone in helping to transform cross-border payments." MoneyGram International Inc. (MGI:NASDAQ) announced in a press release on Jun...
Streetwise Reports | June 19, 2019 |

The True Causes Behind the Yield Curve Inversion and Gold

By now, everyone and their brother has heard about the yield curve inversion. How come it has inverted and how much should we read into it? Is it really such a reliable indicator of an upcoming recession? Let’s dig into the true causes behind the inversion and ...
Arkadiusz Sieron | October 7, 2019 |

Will Sputtering Global Growth and the Just-Announced Brexit Deal Support Gold?

3 percent – that’s the new IMF global growth forecast for 2019. It’s the lowest one since the Great Financial Crisis. Is the much talked about recession coming? And what about the just reached Brexit deal? Can they both make gold rally? Globa...
Arkadiusz Sieron | October 17, 2019 |

MediciNova Shares Rise 40% on Plans to Initiate COVID-19 ARDS Clinical Trial

Shares of MediciNova traded higher after the company reported that it plans to initiate a clinical study of MN-166 (ibudilast) for COVID-19 acute respiratory distress syndrome. Biopharmaceutical company MediciNova, Inc. yesterday announced that "it will ...
Streetwise Reports | April 13, 2020 |

The Second Massive Downwave Is Almost Upon Us

Technical analyst Clive Maund charts the markets and discusses what he believes is ahead for stocks, the dollar and commodities. Notwithstanding the Fed's seemingly limitless ability to create money to throw at the stock market, which has caused it to rally in rece...
Streetwise Reports | May 5, 2020 |

Will Global Slowdown Support Gold, or Is It Just Temporary?

Mayday, mayday, we are sinking! The global economy is slowing down. How serious is the current slump? We invite you to read our today’s article about the true condition of the world’s economy and find out what are its likely implications fo...
Arkadiusz Sieron | April 5, 2019 |

Will the Transitory Inflation Turn into a Tailwind for Gold?

Chair Powell claims that subdued inflation is caused by transitory factors. Does the recent data confirms his views? And just how transitory is the new tariff rate on $200bn Chinese imports? Will we see a creep higher in inflation about to lift the gold prices? CPI Edges Up...
Arkadiusz Sieron | May 14, 2019 |

Pandemic fears: real and imagined

“Pandemic”. Few words in the English language conjure as much fear. The mere utterance evokes images of dying patients, surgical masks, haz-mat suits, a parade of coffins, helpless doctors and nurses, as the contagion spreads, first striking down the el...
Richard (Rick) Mills | February 25, 2020 |

Gold Daily News: Monday, March 9

The gold futures contract gained 0.26% on Friday after breaking slightly above the February 24 high of $1,691.70. Friday’s daily high was at $1,692.80, but closing price was $1,672.40. Recently the gold price collapsed to the low of $1,564 despite an ongoing ...
Paul Rejczak | March 9, 2020 |

Gold Daily News: Tuesday, May 12

The gold futures contract lost 0.93% on Monday following Friday’s bounce from the recent local highs. Gold is still trading within a flat correction after its April’s advance. On April 14 it was the highest since November of 2012 and the high ...
Paul Rejczak | May 13, 2020 |
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