In a world where just about anyone with an idea and a couple of bucks can attempt to create the “next big thing,” it is rare to come across a startup that genuinely has a compelling value proposition. Nevertheless, I believe Quicklegal is one such opportunity, and I encourage readers to visit the company’s website, www.quicklegal.com,…
Tensions between Russia, and the West continue to push precious metals higher. Gold climbed back above the critical $1200 mark. Once again the Greek debacle is coming back to haunt markets as investors fear another decline in the Euro. The Dow was down over 300 points yesterday as investors are beginning to brace for uncertainty…
A sharp fall in the price of crude oil sent FX traders flocking to the safe haven currencies which sent the Japanese Yen surging. Also adding to the flight to safety are mounting worries over the strength of the world’s economy, uncertainty over the upcoming Greek election and growing deflationary fears for the Eurozone. According…
‘We are in a currency war,’ says Jim Rickards, writer of The Death of Money. In 2011 we saw a weaker dollar, today we see a stronger dollar and Jim Rickards expects that we will see a weaker dollar once again soon enough. His message? Buy gold before it is too late… Strong…
The BUBBLE for 2015.75 should be the bond market – not stocks. The capital flows should move into the typical flight to quality mode and drive rates even lower. This will set the stage for BIG BANG. To accomplish that, we should see the stock markets tread water, but not necessarily drive off the cliff….
BlackBerry (NASDAQ:BBRY) is still trading above my usual $10.50 profit-taking level. I speculate that this excitement is due to the coming commercial launch of the QWERTY-style BlackBerry Classic. BBRY was also trending higher last year when the BlackBerry Z3 and the Passport was about to launch. BlackBerry missed revenue estimates last quarter (partly due to weak…
2015 marks my seventh annual list of ten clean energy stocks. An equal weighted portfolio of the ten stocks in each year’s list has outperformed my industry benchmark every year except 2013. 2014 was no exception, but it was a bittersweet victory in that the model portfolio was slightly down while the benchmark lost considerably…
Same slide, different day, as the crude crash continues, with both WTI and Brent tumbling to multi-year highs, below $49 and $52 respectively. This happened despite the news overnight that China is accelerating 300 infrastructure projects valued at 7 trillion yuan ($1.1 trillion) this year, suggesting that China will focus more on fiscal policy than monetary easing,…
Facebook Inc. (FB – Analyst Report) recently acquired Wit.ai, a firm that develops voice recognition technology for wearable devices and Internet-connected appliances. However, the financial details of the deal were not made public. Based in Palo Alto, CA, Wit.ai is an eighteen-month old company whose software can understand spoken words as well as written text phrased in “natural…
Next month marks the anniversary of the beginning of the Crimean crisis, in which a Russian-sponsored revolution of sorts resulted in the Crimean peninsula being seized by pro-Russia rebels. It’s been a long 11 months of back-and-forth sanctions that have resulted in the collapse of the Russian ruble. Whether Vladimir Putin believes it or not,…
