by David Zeiler
When a commodity has gains like those we’ve seen with Bitcoin, investors will use every tool at their disposal to try to peek into the future to see if more such gains are possible – and when to expect them.
A newer type of Bitcoin price prediction chart, based on a property long applied to gold, silver and other commodities, suggests that the Bitcoin phenomenon is still in the early innings.
One of our best CBD stocks to buy now is poised to gain 172% over the next year.
And that’s because the CBD industry is about to explode.
In fact, it’s expecting 3,623% growth in just under three years.
The CBD market is already valued at $591 million since being legalized in the United States in December 2018.
But the Brightfield Group says this figure will soar to $22 billion by 2022.
This type of explosive growth is precisely why we’re so bullish on CBD stocks and the cannabis sector as a whole.
The Dow Jones Industrial Average will rise today with investors bullish on chances the U.S. Federal Reserve will lower interest rates. And here's what analysts say this morning's prices reflect… But first, the numbers from Friday for the Dow, S&P 500, and Nasdaq: Index Previous Close Point Change Percentage Change Dow Jones 27,154.20 -68.77 -0.25 […]
The U.S. stock market is near all-time highs, of course, but there's a more troubling flip side to that: U.S. stocks are at nonsensical, nosebleed valuations.
Folks, when a money-losing outfit like Uber can go out – in broad daylight, in front of everyone – and value itself at $84.2 billion with a totally straight face and no hint of sarcasm or irony…
Well… that tells you something's not right. Something's been broken.
It deserves it for sure, but I'm not just singling Uber out here; it's merely emblematic of this mass insanity. There are hundreds upon hundreds of companies, many of them market leaders, trading at multiples quite divorced from reality. Nothing about the fundamentals justifies the prices being asked.
And like the saying goes, you can't fool all the people all of the time.
As I'm going to show you in a second, savvy investors – the so-called "smart money" – are increasing their cash positions. That's a wise move, because cash won't lose its value the way stocks do, and you can use it for "dry powder" to scoop up bargains when markets slide by double digits.
There's just one problem: The smart money is building up cash, but nowhere near fast enough. Nor are they setting aside enough.
by Greg Miller
We've talked about some of the unique challenges facing legitimate United States-based cannabis companies – challenges that come from its illegal status at the federal level.
Banking is one challenge; marijuana firms in the states have an incredibly difficult time accessing those services for fear of running afoul of Uncle Sam's money laundering statutes.
Achieving a listing on the Nasdaq or New York Stock Exchange is another problem – and one with even more of an impact on investors. It effectively cuts off the company and its shareholders from the $20 trillion in capital that trades in the "big leagues."
Most American marijuana firms have to offer shares "on the pink sheets," in the smaller, markedly less liquid over-the-counter markets.
The other day, I showed you one U.S. cannabis company that took an ingenious "shortcut" route through a wall of red tape to list on the Nasdaq; it's the dawn of what I called a "$20 trillion tomorrow."
That tomorrow may come sooner than anyone realizes – because another American marijuana firm is making a play for its Nasdaq listing.
Here's what you need to know...
It was the very first stock that I recommended on the very first day we published Private Briefing nearly eight years ago…
I've re-recommended the shares to my readers several times, and when something happened that I felt everyone should know about, we made sure to get the news out in Money Morning, too.
When I first wrote about it in 2011, shares were trading at $8.60. As of Wednesday morning, the stock was sitting near all-time highs at $171 – monumental gains of nearly 1,900%.
But I'm writing today because it's been a big winner for you, too – more than 149%.
And I don't think it's done, not by a long shot…
Let me tell you about the company - and all about this latest development...
The Dow Jones today will climb near 100 points as investors grow more confident of the Federal Reserve's plan to lower interest rates.
Yesterday, a key central banking official hinted that a rate cut is better than "[waiting] for a disaster to unfold."
The S&P 500 continues to chart an upward path, especially considering recent hints that the U.S. Federal Reserve might lower interest rates at its next meeting.
All this is great news for the five best penny stocks to watch this week.
In fact, our top penny stock this week could gain 300%...
In 2008, just before Lehman Brothers' balance sheet collapsed and a furious employee punched CEO Dick Fuld square in the face, then-New York Fed President Timothy Geithner had a big idea…
Take the big, failing U.S. banks, and sell them for pennies on the dollar to the larger, somewhat healthier banks.
Make these institutions larger, and they could absorb all the toxic balance sheets – and save the global financial system from calamity.
That was the theory, at any rate. We all know how it worked out in the end: Counter-party risk froze the global credit markets and sent the financial system into a tailspin.
Congress failed to grasp what would happen to a financial system that lacked sufficient liquidity to function – like a brain running low on oxygen – before it passed the $787 billion stimulus of 2009. Two more rounds of quantitative easing, courtesy of an "independent" Fed, would follow.
Of course, the "real" costs are virtually incalculable – incalculable costs that are still, a decade later, being borne by the middle class and working people of this country.
Microsoft and Amazon are vying for a $10 billion cloud computing project for the Pentagon.
But only one cloud computing titan will land the deal.
