Wednesday, February 27, 2019

TheStreet: How Gold Mining Merger Mania Is Here to Stay

By SIMON CONSTABLE

The merger mania sweeping the gold mining sector isn't a flash in the pan - it's likely just begun.
Unless these companies want to shrink, they must continue to gobble each other up.
"There is going to be a new wave of M&A as a way to grow reserves especially because organic growth is so hard to come by," said Matthew Miller, a Denver-based equity research analyst at financial research firm CFRA. Read more here.

Forbes: The Most Innovative U.S Tech Entrepreneurs Are Foreign

By SIMON CONSTABLE

Some people won't like this.
Immigrant technology wizards are the secret sauce behind America's overwhelming lead in the high-tech industry.
These Brainiac non-natives aren't better by a small margin. They win hands down when it comes to inventing things compared to the U.S. peers, according to recent research. Read more here.

Tuesday, February 26, 2019

Forbes: Multi-billion Dollar Debt Crisis Looms For Dubai

By SIMON CONSTABLE

Investors in the Persian Gulf need to watch out.

A debt-fueled crisis is headed to Dubai, the trading hub of the United Arab Emirates.

"[A] decade after the [E]mirates' crisis, its debt problems are not over," states a recent report from London-based financial firm Capital Economics.

In fact, they may just be beginning. Read more here.

Monday, February 25, 2019

TheStreet: Why the British Pound Is Set for a Big Move

By SIMON CONSTABLE

The British pound looks set to break out soon. The only question is whether it soars or crashes.

Either way, savvy investors could profit by purchasing options on exchange-traded funds.

Range-Bound Pound


For the last six months, the value of the pound has fetched between $1.26 and $1.32, according to data from Bloomberg. It was recently trading just under $1.32. Read more here.

Photo by Christopher Bill on Unsplash

Friday, February 22, 2019

Barron's: Buy U.K. Baker’s Vegan-Sausage Roll, Sell the Stock

By SIMON CONSTABLE

The Brits have gone crazy for Greggs, a chain of 1,700 or so bakery shops, in part because of its wildly popular new vegan-sausage roll. 
Unfortunately, investors have been gobbling up the stock (ticker: GRG.UK), which has jumped 68% in the six months to Thursday versus losses of 5.1% for the FTSE 100 index, the benchmark for the 100 largest listed stocks in the United Kingdom. It looks like the shares have gotten ahead of the sausage, and shareholders should consider taking profits. Read more here.

Wednesday, February 20, 2019

TheStreet: Gold Rises as Investors Panic and Pile Into Bullion

By SIMON CONSTABLE


Gold prices were rising again as scared investors seek refuge from paltry bonds yields.
The metal recently fetched $1,344 a troy ounce, a level it hadn't seen since April 2018, or 10 months ago, according to data from Bloomberg. Its also rallied more than 14% since the low of $1,174 in August. The SPDR Gold Shares exchange-traded fund, which holds bars of solid bullion, performed similarly. Read more here.


Photo by Zlaťáky.cz on Unsplash