This is the biggest menace to gold mining and it is one that a lot of traditional investors cannot see coming. Altcoins like Bitcoin, Ethereum, Litecoin, NEO, and DASH serve as a hedge against inflation. Yet they are far easier to buy, sell and trade than gold.Read more
Anybody who doubts the reality of the Great Retail Apocalypse has not taken a look at Macy’s (NYSE: M) financialRead more
Expect to see a vast amount of consolidation and centralization in oil in the near future. This means that a lot less money will be made and many investors will abandon oil stocks completely in the years ahead.Read more
Etsy has proved it is incapable of making money and demonstrated that online companies can fall into a familiar retail trap.
The trap is the old one of ever-increasing sales that generate no real money. Dozens of retailers; ranging from Whole Foods to Rite Aid to Overstock.com, have fallen into over the years. The only way a company can profit from this trap is to sell itself to a larger retailer or private equity organization in search of market share or other resources.Read more
These numbers raise an important question: what is driving Overstock’s sudden rally? My guess is that it is bitcoin, and it might indicate that cryptocurrencies have passed an important milestone.
The milestone is this: more conservative investors; including value investors, have taken notice of altcoins. These people would not invest in cryptocurrencies directly but they are looking for stocks that might from them. Overstock is one of those because it takes direct bitcoin payments; unlike most online retailers including Amazon.Read more
Her Majesty’s Government plans to ban the sale of new gasoline (petrol) and diesel-burning vehicles in the United Kingdom by 2040.
The ban is part of the government’s “Clean-Air Plan;” which is designed to address Britain’s growing air-pollution problem, The Guardian reported. The ban will cover hybrids as well as internal-combustion engine only automobiles.Read more
The real culprit in the death of the Great American Department Stores is changing times. Since there is no way to change that investors should stay away from this sector, perhaps far away.Read more
Staples is definitely an acquisition target because its purchaser would get around 1,225 stores and $17.30 billion in revenues for a low price. Staples reported a stock value of $10.10 a share, a market cap of $6.597 billion and an enterprise value of $6.597 billion on June 29, 2017.Read more
We might be seeing Netflix’s (NASDAQ: NFLX) future at Pandora. Like Pandora, Netflix has built up a vast digital distribution platform which it uses to distribute entertainment content it has to pay for.Read more
The lesson here is clear the department store business model no longer works in America. Investors should stay away from this sector, far, far away if they want to make money. The Bon-Ton Stores’ present reality is the future for brands like Macy’s; and JC Penney’s, unless they can change radically.Read more