Wed, 2 November 2016
Mickey and I sat down for our monthly market review. Stock markets were down along with the metals. Gold -3% and Silver almost -7%. Copper seems to have found a little support and was unchanged. Dollar has a substantial 3% move. Bitcoin rose 15%. Oil down 2% and Natgas rallied up to 3.03. Uranium is still in a world of hurt, hitting the skids at 18.75 per lb. Volatility has returned with a vengeance. Is it all election related or is there something deeper happening. Stay tuned for next month's review!
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Wed, 2 November 2016
Don Mazzella gives us his opinion on the Election and Obamacare's impact upon it. The huge premium increases are having an impact. There's virtually no hope that it can be salvaged and it's blowing up now. How will the voters react.
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Wed, 2 November 2016
Ralph DiBugnara, expert in real estate finance, believes that regardless what happens in this election, the RE market will not be greatly affected. The reason is simple, interest rates seem to be locked for the foreseeable future, even if the Fed decides to raise rates in December. The market hasn't gotten out of control as it was in 2006, the fundamentals have completely changed in the past decade. If incomes rise and millennials start home shopping then the future would certainly be brighter.
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Wed, 2 November 2016
In today’s world there are more and more small businesses. A lot of those businesses start from a small idea but often don’t succeed due to lack of a proper business plan or the inability to grow their business efficiently.
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Wed, 2 November 2016
What's Happening Wednesdays with Andrew Hoffman: Today's article, "all-out political war" - on what the election campaign has become, and what America faces in 2017; Yesterday's article, "what will be the Fed's excuse this time?" - on how the Fed's ultimate mea culpa is rapidly approaching, as soon as next month if (when) Trump wins; Gold and silver rapidly approaching their 200 month moving averages of $1,303/oz and $18.93/oz, respectively.
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