Business

Via Dana Lyons' Tumblr,

Bank stocks spiked on rate hike speculation; however, potential chart resistance suggests their upside may be limited.

After the Fed tried to cause some more confusion with its decision to hike the interest rates by saying that a rate hike in June still is a possibility, we wanted to have a closer look at China which once again posted weaker than expected numbers.

Submitted by David Stockman via Contra Corner blog,

Buy Silver – “Best Precious Metals Trade”

“Buy silver, sell gold” is the bold call of currency, bullion and money analyst Dominic Frisby in the latest edition of best selling Money Week.

Frisby looks at the relative value of silver to gold and comes to the conclusion that silver is a better buy right now. We share his bullish view on silver and hence our current campaign regarding VAT free silver coins.

From the article:

Published originally on The Great Recession Blog

by David Haggith

I have pointed out in previous articles how most of the growth in stocks over the past few years has been due to stock share buybacks. Without this hideous (and at one time illegal) practice, there would have been no bull market over the last few years.

That’s right. Research from no other place than Wall Street, itself, indicates that almost all of the returns since 2009 have been due to stock share buybacks!