Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous Minerals and Base Metals segments. This week, I fundamentally…
Tag: Inflation
Is Barrick Gold (GOLD) Stock A Buy? – Barrick Gold Stock Analysis
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, Dominican Republic,…
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Is Rio Tinto (RIO) Stock A Buy? – Rio Tinto Stock Analysis
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It also owns and operates open pit and underground mines, mills, refineries, smelters,…
Read More Is Rio Tinto (RIO) Stock A Buy? – Rio Tinto Stock Analysis
Is Kinross Gold (KGC) Stock A Buy? – Kinross Stock Analysis
Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates eight active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by…
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Is Newmont (NEM) Stock A Buy? – Newmont Stock Analysis
Newmont Corporation is the world's largest gold mining company. Newmont operates gold mines in North America, South America, Asia/Pacific, and Africa. Newmont has the following proven reserves as of 2019: Gold ($1,200/oz.), 95.7 mill. oz.; copper, ($2.75/lb.) 6.8 mill. tons;…
Read More Is Newmont (NEM) Stock A Buy? – Newmont Stock Analysis
Is D. R. Horton (DHI) Stock A Buy? – D. R. Horton Stock Analysis
D.R. Horton, Inc. (DHI) and its subsidiaries are engaged primarily in the construction and sale of single-family homes. DHI operates in 88 markets in 29 states, under the names of D.R. Horton, Emerald Homes, Express Homes, Freedom Homes, and Pacific…
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The Federal Reserve Kicks The Can Down The Road
The US Stock market has been all over the place. Mr. Market becomes euphoric when any bad news is released, which isn't "that bad". Needless to say, the euphoria continues when there is any good news. With Federal Reserve's "whatever…
Where Is The US Economy Headed?
On April 9, 2020, the Department of Labor released new unemployment insurance weekly claims for the previous week to be 6.6 million. More than 16 million people have lost their jobs so far, and if we compare this to the…
Is High Inflation Around The Corner?
As coronavirus outbreak has locked down many cities and states in the United States, unemployment is on a rise. According to the Department of Labor's news release on March 26, 2020, the seasonally adjusted initial unemployment claims was 3,283,000, an…
US Economy, Federal Reserve, And Interest Rates
On September 18, 2019, the Federal Reserve decided to cut the interest rate by 0.25%. This has been the second rate cut of the year. Let me illustrate what is going on with an analogy. You can think of this…
Trade War, Federal Reserve, China, Interest Rates, Currencies, And More
There has been a lot of action in the stock and the bond market recently. In this week's blog post, I will talk about my take on the current events. Let me briefly go over these current events: United States…
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Tariffs on China Equate to Stagflation in the United States?
This past week, the US Stock market was highly volatile. The markets had big fluctuations because of the trade tension between the United States and China. On May 10, 2019, President Trump tweeted that the United States has started levying…
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Keeping at It: The Quest for Sound Money and Good Government – Book of the Month
I recently listened to "Keeping at It", which is an autobiography of Paul Volcker. Paul Volcker has served under multiple US Presidents, however his most important role was as the Federal Reserve Chairman under President Jimmy Carter and President Ronald…
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Interest Rates and Inflation
The Federal Reserve, who has been hiking interest rates, has been in the news recently. In this blog post, I will talk about the relationship between interest rates and inflation. Inflation is the increase in prices and the fall in…
China’s Economic Slowdown
On January 21 2019, China announced that its economy in 2018 grew at the slowest rate in 28 years. This news is concerning, but understandable. The US Stock Market turned negative over the concern of China's slowing economic growth. In…
How tariffs affect the US Economy?
If you were wondering how the next stock market sell-off would take place, the answer is probably staring at you in your face with these tariffs that US President Trump has decided to put on Chinese imports. Some of you…