Peter Schiff Trolls Elon Musk With Dogecoin
Yesterday Peter Schiff trolled Elon Musk in a tweet saying that Dogecoin is going to disrupt Bitcoin. This is not the first time Schiff has trolled Musk and bitcoin proponents as Schiff is well known …
Commodities
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Peter Schiff Predicts Gloomy World Economy In 2021
Many people are relieved that 2020 is over, but for the world economy, things will only start to get worse in 2021. In his final podcast of 2020, Peter Schiff (EuroPac) said the New Year …
Peter Schiff Predicts Gloomy World Economy In 2021 Read More »
Stock Market Dips Ahead of Election and Failed Coronavirus Stimulus Bill
US Dollar prices are climbing up, despite the disappointment of investors with the situation with the financial stimulus package for the economy and the increase in the number of COVID-19 cases. Contrary to market expectations, …
Stock Market Dips Ahead of Election and Failed Coronavirus Stimulus Bill Read More »
Oil Prices Rise On Trump’s Health Improvement
Oil prices climbed up as investors reacted positively to the health improvement of US President Donald Trump. The price rose to the 42.45 area but the dynamics have slowed down now, as the market has …
Gold Climbs Ahead of Fed Policy Meet
Gold prices rose, reversing most of its previous session losses, supported by a weaker dollar and expectations that the U.S. Federal Reserve will adopt a dovish stance at its two-day monetary policy meeting later this …
VelocityShares 3x Long Crude Oil ETNs Crashes. UWT Stock Closes.
VelocityShares 3x Long Crude Oil (UWT) is an exchange-traded note (ETN) issued by Citigroup Global Markets Holdings Inc. It is currently trading at $0.23 but was trading over $45 in 2018. It is one of …
VelocityShares 3x Long Crude Oil ETNs Crashes. UWT Stock Closes. Read More »
Why Chesapeake (CHK) is Filing Bankruptcy
Chesapeake Energy Corp. (NYSE: CHK) just threw out its outlook and dramatically reduced its $8.5 billion in assets. This has caused the stock to drop significantly because CHK investors are worried about the company filing …
Brent Crude Technical Analysis May 6 2020
Brent crude is forming an uptrend on the 4-hour chart. The trading is near the upper border of Bollinger bands, a downward correction is observed, the indicator cloud is expanded, which indicates a likely resumption …
Gush Stock Continues to Collapses. End of Leveraged ETFs?
GUSH Stock continues to drop and is down an additional 30% today. DIREXION SHARES ETF TRUST DAILY S&P OIL & GAS EXP & PRD BUL 3X (GUSH) fell 81% on last Monday, or $4.11, to …
Gush Stock Continues to Collapses. End of Leveraged ETFs? Read More »
Diamond Offshore Drilling (DO) Bankrupt
We warned investors that Diamond Offshore Drilling (NYSE: DO) was at risk of going bank on April 16. DO lost over $350 last year which was 2x the loss in 2018. Diamond has almost $2 BILLION …
