This Ominous Risk to Your Capital Is Growing
If there's one thing that concerns everyone it's a threat to their capital.
So you'll be interested to know that the risk of a new type of strategy to capitalize faltering banks keeps growing every day.
It's a strategy that's been tried before, with just enough "success" to be dangerous, and it puts your hard-earned capital at risk.
I've promised to keep you abreast on the evolution of this insidious way for governments to offload risk. Also I wanted to update you on how to protect yourself against these measures impacting your portfolio.
Today I have news on both fronts that's both unsettling and enlightening.But let's start right now at the beginning and look at how your capital may be at risk, and what's so alarming...
Two Clashing Themes in Gold News Have Been Flat Lining Prices Since April
Two themes have dominated gold news the last few months, and both have opposite effects on gold price.Together, they've flat lined the yellow metal...
DJIA Today Dips on European Concerns; KATE and MNKD Plunge
DJIA today, July 12, 2014: U.S. stocks were in the red on Tuesday as concerns about the European markets affected investor sentiment. Geopolitical hot spots in Ukraine and in the Middle East have led to an increased emphasis on reducing exposure to risk.Here are the rest of today's top stories:
Short Selling Unpopular GameStop Stock (NYSE: GME) Hasn't Paid Off – Yet
GameStop stock (NYSE: GME) is a short selling favorite, and for good reason.
It's trying to navigate an online-centric marketplace as a physical retailer, and the short bets are playing off this knowledge to mount a strong position against the company.But trying to profit off GME's downfall has proven harder than anticipated. Here's why...
GoPro Stock Price's 20% August Drop Is Only the Start
Following its red-hot IPO in June, the GoPro stock price has dropped more than 20% in the month of August alone.
GoPro Inc. (Nasdaq: GPRO) priced its shares at $24 on June 24, and banked a first day gain of 30.6% the following day. GPRO stock soared 108% from its offer price in its fourth day of trading to a high of $49.90.
But according to Money Morning experts, that surge was unjustified.In fact, a 20% drop may be just the start of problems for the GoPro stock price…
Bitcoin News: CFPB Report Makes Digital Currency Seem More Risky Than It Is
Some negative Bitcoin news from the Consumer Financial Protection Bureau yesterday (Monday) – a blunt warning of all the dangers of Bitcoin – illustrates the uneasy relationship the U.S. government has with the digital currency.
The CFPB "consumer advisory," which encompasses all virtual currencies, effectively scares people away from them by presenting a laundry list of worst-case scenarios.But for consumers to make an informed choice about whether they want to adopt Bitcoin, they need to know about the benefits as well as the risks.
China's Raiding the Offices of These Major U.S. Companies – and You Won't Like Why
China isn't happy with how a lot of U.S. companies do business in their country, and has become much less shy about showing it.
Last year Chinese regulatory authorities dug up a 2008 antimonopoly law and started using it as a club on both U.S. and other foreign companies to encourage them to cut the prices they charge to Chinese customers.Whether a violation of the law occurred or not doesn’t seem to matter…
Bank of America (NYSE: BAC), the Department of Justice, and Subprime Auto Loans
Bank of America Corp. (NYSE: BAC) is in tentative talks with the U.S. Department of Justice to pay between $16 billion to $17 billion for its part in selling shoddy mortgages, being a Too Big to Fail bank that wasn't allowed to fail but now has to pay the piper.
Today, I'm going to tell you the story behind this, and a story about subprime auto loans.And along the way you'll even get stock pick…
Google Stock (Nasdaq: GOOG) "Unlocks Value" With Fastest-Ever Undersea Cable
Google stock (Nasdaq: GOOG, GOOGL) will benefit from a $300 million deal announced on Tuesday. The innovative tech company said it will work with five Asian telecom companies to develop and implement a trans-Pacific cable that will connect Japan and the United States undersea.
"If I were a traditional telecom operator I would be terrified," Money Morning Chief Investment Strategist Keith Fitz-Gerald said of the news. "This highlights how much is at stake and will give Google a significant leg up on the 'Internet of Everything.'"Here are all the details on the fastest-ever submarine cable to connect the two countries, and what this means for Google stock…
Today's Stock Market News Driven by AMZN Spat and Tax Inversion Deals
Stock market news today, August 12, 2014: U.S. stock markets jumped modestly Monday as they continued to recover from a recent reversal. Investors remain guarded about geopolitical concerns in Ukraine, Gaza, and Iraq, although easing tensions in some of those recent hotspots may be giving stocks a lift.
The consumer staples led today's gains, propelled by a positive earnings report by Sysco Corp. (NYSE: SYY), which saw shares increase by more 3% after its announcement. Shares of Tesla Motors Inc. (Nasdaq: TSLA) were also up 4.5% after the company received another upgrade from Deutsche Bank AG (NYSE: DB).Here’s what you should know to make your Tuesday profitable: