The Securities and Exchange Commission is set to grant or deny approval of the Winklevoss Bitcoin Trust ETF, an exchange-traded fund that would track the value of digital currency bitcoin. Coming nearly four years – and a dozen amendments – after the fund was first proposed, the ruling could come as early as March 10 and make gaining access to the currency as easy as logging into your online brokerage account.
QUIZ: Test Your Knowledge of ETFsBitcoin is a so-called "cryptocurrency" – an encrypted digital currency created by computer programmers that can be exchanged electronically for goods and services. It serves as an alternative to traditional currencies, such as the U.S. dollar or the euro. For now, you can buy bitcoins on online exchanges, which often require an involved registration process and premium prices. Or you can "mine" them (create them), using extremely sophisticated computer codes. The value of a single bitcoin is determined by investor speculation. Worth almost nothing when it was created eight years ago, bitcoin hit a record high above $1,300 this week, topping the price of an ounce of gold. But the rise has been volatile, marked by steep dips that were triggered, in some cases, by high-profile hacks of online bitcoin exchanges.
Hot Gold Stocks To Buy For 2019: CME Group Inc.(CME)
Advisors' Opinion:- [By Garrett Baldwin] Investors looking to make money on China should pay attention. While the United States is focusing this week on resolving issues with North Korea, the real elephant in the room remains China. President Trump has extended the artificial March 1 deadline on tariffs in hopes of striking a deal with the world's second largest economy. However, it remains very unclear what will happen in the coming weeks. Investors should prepare themselves accordingly. Money Morning Quantitative Specialist Chris Johnson has scoured the numbers and given investors a number of ways to make money on this massive geopolitical trend, right here. We are seeing some problems on the trading front from CME Group Inc. (NYSE: CME). The Chicago-based exchange operator halted trading for three hours Tuesday night after a glitch caused an outage. GME Globex is a massive platform that enables the trading of stocks, interest rates, forex exchange (currencies), commodities, and other assets. Pay close attention to the headlines, as it's still unclear if this was an internal issue or a cybersecurity event. Money Morning Insight of the Day
According to Bloomberg's latest report, America could be heading for an economic disaster that would rival the Great Recession.
- [By Lee Jackson]
This stock has had a solid 2018 and is a top pick at Deutsche Bank. CME Group Inc. (NASDAQ: CME) exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options. CME brings buyers and sellers together through its Globex electronic trading platform and its trading facilities in New York and Chicago.
- [By Stephan Byrd]
Massachusetts Financial Services Co. MA cut its position in shares of CME Group (NASDAQ:CME) by 1.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 445,259 shares of the financial services provider’s stock after selling 7,975 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.13% of CME Group worth $72,016,000 as of its most recent filing with the SEC.
- [By Stephan Byrd]
KAMES CAPITAL plc cut its position in CME Group Inc (NASDAQ:CME) by 1.7% in the third quarter, HoldingsChannel reports. The firm owned 511,147 shares of the financial services provider’s stock after selling 8,580 shares during the period. CME Group accounts for approximately 2.1% of KAMES CAPITAL plc’s investment portfolio, making the stock its 12th biggest holding. KAMES CAPITAL plc’s holdings in CME Group were worth $87,002,000 as of its most recent filing with the SEC.
- [By ]
Case in point, I've held CME Group (NYSE: CME) in my High-Yield Investing portfolio for almost four years now. When I first took a position in the summer of 2014, the stock offered a regular quarterly dividend of $0.47 per share that added up to a modest yield of 2.6%. Many income investors skipped over it without a second glance.
Hot Gold Stocks To Buy For 2019: Orezone Gold Corp (ORE)
Advisors' Opinion:- [By Peter Graham]
Sandstorm's due diligence is thorough, they don't just invest in any company. They like West Africa because they understand the area and the opportunities that exist there. Sandstorm is a royalty and streaming company, so they make these investments and receive cashflow deals that often kick in much later on. But they have already established a presence in Burkina and have deals in place with larger companies like Orezone Gold (TSXV: ORE) and Endeavour Mining (TSX: EDV). Sandstorm's investment also potentially gives us access to their marketing department through something they call Launch Lab, and it looks like it will really benefit our own marketing efforts and will expose us to more opportunities over the coming year.
- [By Shane Hupp]
Galactrum (ORE) is a PoW/PoS coin that uses the
Lyra2RE hashing algorithm. It was first traded on December 13th, 2017. Galactrum’s total supply is 2,781,952 coins and its circulating supply is 2,061,952 coins. Galactrum’s official website is galactrum.org. Galactrum’s official Twitter account is @galactrum. - [By Stephan Byrd]
Galactrum (ORE) is a PoW/PoS coin that uses the
Lyra2RE hashing algorithm. It launched on November 11th, 2017. Galactrum’s total supply is 2,092,679 coins and its circulating supply is 1,372,679 coins. Galactrum’s official Twitter account is @galactrum. Galactrum’s official website is galactrum.org. - [By Jim Robertson]
Finally, Richard Seville, the CEO of Brisbane-based Orocobre Ltd (ASX: ORE) which began lithium sales in 2015 from northern Argentina and also experienced difficulty boosting output, commented that an "inability to access traditional funds has delayed the development of the sector" and that "these projects aren't easy -- so the banks just don't want to go there."
- [By Stephan Byrd]
Galactrum (CURRENCY:ORE) traded 1.7% lower against the U.S. dollar during the 24 hour period ending at 18:00 PM Eastern on August 31st. Galactrum has a total market capitalization of $866,847.00 and approximately $5,272.00 worth of Galactrum was traded on exchanges in the last 24 hours. One Galactrum coin can now be purchased for about $0.42 or 0.00006032 BTC on major exchanges including Stocks.Exchange and Cryptopia. In the last seven days, Galactrum has traded 12.5% higher against the U.S. dollar.
Hot Gold Stocks To Buy For 2019: NEW GOLD INC.(NGD)
Advisors' Opinion:- [By Maxx Chatsko]
Shares of New Gold (NYSEMKT:NGD) fell by over 14% today after the company announced the surprise sale of its Mesquite gold mine. The business will receive $158 million in cash for the productive asset, which management says will "immediately crystallize several years' worth of future free cash flow as part of our strategy to prudently manage our balance sheet, providing the company with the financial flexibility to focus on our core assets".
- [By Matthew DiLallo]
Shares of New Gold (NYSEMKT:NGD) sold off on Thursday, plunging more than 20% by 11 a.m. EST after the gold mining company reported its fourth-quarter results as well as its outlook for 2019.
- [By Travis Hoium]
Shares of miner New Gold Inc. (NYSEMKT:NGD) jumped as much as 19.4% in trading early Wednesday after the company announced a leadership change. Shares were hitting their high at 11:05 a.m. EDT and seemed to be gaining momentum.
- [By Shane Hupp]
News articles about New Gold (NASDAQ:NGD) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. New Gold earned a news impact score of 0.01 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.1175522193993 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Hot Gold Stocks To Buy For 2019: Golden Star Resources Ltd(GSS)
Advisors' Opinion:- [By Max Byerly]
Golden Star Resources Ltd. (NYSEAMERICAN:GSS) was the target of a significant increase in short interest in September. As of September 28th, there was short interest totalling 10,021,831 shares, an increase of 6.9% from the September 14th total of 9,371,344 shares. Based on an average trading volume of 1,038,207 shares, the short-interest ratio is presently 9.7 days. Approximately 4.7% of the company’s shares are sold short.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Golden Star Resources (GSS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Golden Star Resources (GSS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Golden Star Resources (GSS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) has been given an average recommendation of “Buy” by the six ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$1.48.
Hot Gold Stocks To Buy For 2019: Northgate Minerals Corporation(NXG)
Advisors' Opinion:- [By Shane Hupp]
Shares of NEX Group PLC (LON:NXG) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 696 ($9.21).