Many, many years ago during a lengthy argument with a friend he told me to ‘give it a doubt’ – he meant I was wrong.
The herd is convinced the commodities boom is over. Doom and gloom, the sky is falling, the bears argument sounds convincing – growth has stopped, economies are slowing. Looking at the TSX.V’s performance (most of the world’s mineral exploration firms call the Venture Exchange home) it’s as if people are convinced the need to search for, develop and mine new mineral deposits is over.
Commodities Boom to be Driven by the Urbanisation of 1 Billion More People
Stock Market Warning – 79% of S&P 500 Companies Issue Negative 2Q Earnings Guidance
Michael Lombardi writes:
The disconnect between the stock market and the U.S.economy continues to grow, as the key stock indices run way ahead of reality.
The fundamental reasons behind the rise in today’s key stock indices are missing. For a real rally to happen, there has to be rising demand in the U.S. economy, consumers must be confident to spend, and businesses should see their sales rising. None of this is taking place.
Why Airline Stocks Are Headed Higher
George Leong writes:
The improved global economy has helped to drive up the spending habits of consumers, and an area that has really benefited from the income creation is the travel sector.
Airlines around the world have reaped the benefits from the improved travel sector.
The airline sector is estimated to earn .4 billion in profits this year, up from the previous estimate of .4 billion, according to the International Air Transport Association (IATA). (Source: “Small Boost to Airline Profitability – Industry Profit Margin Improves to 1.6%,” International Air Transit Association web site, March 20, 2013.)
Poor Economic Data… But Nothing Stopping The Stock Market Bull
Poor data, again, late in the week couldn’t get the market to stumble very much. Some, yes, but in a big way, no. We saw the number from the Philadelphia Fed come in below the zero level again after going green the prior month. Minus five, and change, showing their economy is in recession for the very short-term at least. On top of that, we then saw a huge increase in the jobless claims number. Thirty thousand bump up and well above expectations. The type of one-two punch that should knock the market down, but once again it did not, while the majority scratch their heads wondering why we all know the reasons by now. There’s nowhere else to go. Interest rates are too low and the liquidity machine on every day all day long. A lethal one-two punch the bears are not able to overcome at this point in time.
Sales Debuts for West Point Silver Eagle Sets, Roosevelt $1 Covers
Two new coin collecting products appear on this week’s US Mint sales report, thanks to recent debuts. The first one, and most popular, was the 2013 Silver Eagle Two-Coin Set from West Point. It launched last Thursday, on May 9, 2103. This set includes a reverse proof and an enhanced uncirculated American Silver Eagle for [click to continue…]
Coin Collecting News
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U.S. Mint Product Updates- 2013 United States Mint Silver Proof Set®
- 2013 United States Mint Happy Birthday Coin Set and Congratulations Set
- 2013 America the Beautiful Quarters Uncirculated Coin Set TM
- 2013 Native American $1 Coin – Bags, Rolls & Boxes
- Save the date for two special new products – the 2013 Happy Birthday Coin Set and the 2013 Congratulations Set!
- 2013 America the Beautiful Quarters Uncirculated Coin Set TM
- 2013 American Eagle One Ounce Gold Proof Coin
- 2013 Native American $1 Coin – Bags, Rolls & Boxes
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- The Market Oracle
- How to Spot Market Trading Opportunities - FREE EBOOK
- Poor Economic Data... But Nothing Stopping The Stock Market Bull
- The Fading 2008 Stock Market Doomsday Scenarios
- Why Airline Stocks Are Headed Higher
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- Commodities Boom to be Driven by the Urbanisation of 1 Billion More People
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