Market just as dangerous as late 1990s, and bank stocks could 'come crashing down,' analyst Dick Bove warns

Market just as dangerous as late 1990s, and bank stocks could 'come crashing down,' analyst Dick Bove warns

One of Wall Street's most vocal bank analysts is troubled by the rally in financials. The Vertical Group's Richard Bove warns that the overall market is just as dangerous as the late 1990s, and he cites momentum — not fundamentals — as what's driving bank stocks to all-time highs.
October 10, 2017 0 Comments
PRECIOUS - Gold Gains Amid Renewed North Korea Fears

PRECIOUS - Gold Gains Amid Renewed North Korea Fears

Gold prices rose early on Monday, pulling further away from a two-month low, as fresh concerns over North Korea's nuclear ambitions stoked safe-haven demand for the precious metal and weighed on the dollar.
October 9, 2017 0 Comments
Russia Stockpiles Gold In Continued Push Away From US Dollar

Russia Stockpiles Gold In Continued Push Away From US Dollar

The Central Bank of Russia (CBR) has more than doubled the pace of gold purchases over the past decade, adding more than 1,250 tons to its gold reserves according to World Gold Council data.
October 4, 2017 0 Comments
Treasure Coast Bullion Group Presents: Why the Lousy Dollar is Great for Precious Metals

Treasure Coast Bullion Group Presents: Why the Lousy Dollar is Great for Precious Metals

There’s no doubt about it: The falling U.S. dollar is making news like nobody’s business. And the way we see it, that’s great for precious metals. But before we give you the nitty-gritty on why that’s true, let’s look at why the dollar is going down. And why those forces are likely to continue.
October 3, 2017 0 Comments

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