Bitcoin prices fell to around $8,600 Friday on reports that a Mt. Gox trustee sold 8,000 coins, and there was also news that police raided the headquarters of UPbit, a South Korean exchange. Seoul police joined the Korean Financial Intelligence…
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The $1 Billion Cannabis Drug Is Just Weeks Away; Here’s How We’ll Profit
When it comes to investing, there is nothing like identifying a massive change and finding the companies in the best positions to profit from it. That’s exactly what’s about to happen with the $1 billion cannabis drug, set for FDA…
Will Oil Skyrocket Because Trump Has Ended the Iran Deal?
Oil prices broke $70 for the first time in nearly four years after U.S. President Donald Trump announced an end to the Iran deal on Tuesday. But don’t load up on just any old oil stock right now. Already, Saudi…
The Incredible Profit Potential of China’s Renewable Energy Market in One Chart
It’s no secret China is the world leader in renewable energy, especially solar power. In fact, we’ve been telling Money Morning readers about the incredible profit power of the renewable energy sector for years. Like the $48 trillion potential of…
Here’s How America’s ‘Baby Boomers’ Get Their Weed
Since the Summer of Love in 1967, San Francisco has served as the epicenter of the counterculture and rock ‘n’ roll. And from that day until… pretty recently, any time you went to a rock show, no matter if the…
The Winklevoss Twins Are Doing Their Best to Make Crypto Go Mainstream
The Winklevoss twins of Facebook Inc. (Nasdaq: FB) fame are doing their best to make cryptocurrency buying and selling go mainstream. According to a report today (May 9) from CoinDesk.com, the brothers were awarded a patent for a system that…
Phillips 66 Partners Stock Just Entered Our “Buy Zone”
Phillips 66 Partners (NYSE: PSXP) just entered the Money Morning VQScore™ “Buy Zone,” making it one of the best stocks to buy right now. And the timing couldn’t be better… WTI crude oil prices are up 15% on the year,…
The Iran Deal Is Dead; Here’s What That Means for Oil Prices
Several months ago, U.S. President Donald Trump delivered an ultimatum on the Iranian nuclear deal: “Either fix the deal’s disastrous flaws, or the United States will withdraw.” Much of my time over the past week has been devoted to assessing…
Here’s Where the Price of Silver Is Headed Now After This Week’s Rally
After hitting a distinct bottom early in the last week, silver prices have already bounced back impressively despite ongoing U.S. dollar strength. After starting May near $16.25, the price of silver rallied to a high near $16.47 last week. The…
This Under the Radar Commodity Has a Very Bullish Outlook
Many investors will tell you gold is the ultimate safe haven, but here’s the thing – silver is poised to deliver extreme outperformance over the next several years. Let me explain how I know this. You see, I spend countless…