For the week ending July 24th there were 73.289 tonnes of gold bullion withdrawn from the Shanghai Exchange into China. That is about 2,356,296 troy ounces in one week. I have included the most recent statistics from the Comex Gold Warehouses below. There are currently 351,519 ounces of gold available for delivery at these prices…
Meet 31-year-old Dan Price. Dan is the CEO of Seattle-based credit card payments processing firm Gravity Payments, and three months ago, he did a funny thing. After talking with a friend who confessed to having difficulties making student loan payments and rent each month on an annual salary of $40,000, Dan decided to set a…
Are you ready for what is coming in August? All over America, economic, political and social tensions are building, and the next 30 days could turn out to be pivotal. In July, we saw things start to turn. As you will read about below, a major six year trendline for the S&P 500 was finally…
We evaluated 32 different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. We also put each company through the ModernGraham valuation model based on Benjamin Graham’s value investing formulas in order to determine an intrinsic…
The Chart of the Day belongs to Galapagos (GLPG) a Belgium biotech ADR. I found the ADR by using Barchart to sort today’s All Time High list for the stocks with the highest Weighted Alpha then used the Flipchart feature to review the charts. Galapagos NV is a biotechnology company. The Company’s operating segment consists…
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 56 = 17,689 SPX – 4 = 2103 NAS – 0.5 = 5128 10 YR YLD – .07 = 2.20% OIL – 1.64 = 46.88 GOLD + 7.10 = 1096.40 SILV + .04 = 14.87 For the week the…
