Alex Kimani

Writer, Safehaven.com

Contributor since: 26 Feb 2018

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• Dollar Finds Its Feet As Fed Holds Rates Steady

  Published 02 May 2019 | viewed 8,847 times

  The U.S. dollar has bounced off its 2-week low after the Federal Reserve maintained its dovish stance and kept interest rates unchanged. The ICE Dollar…

• FAANG Stocks Shed $100 Billion, But Apple Remains Sound

  Published 01 May 2019 | viewed 2,133 times

  The so-called FAANG quintuplet of major technology and internet stocks has been badly hammered, turning one of the year’s hottest trades on its head after…

• American Farmers See $11.8B Loss In Income

  Published 01 May 2019 | viewed 2,354 times

  Times are tough in farm country. Really tough. Whereas many sectors of the U.S. economy are enjoying a sustained boom, many farmers are facing a…

• Here’s Why Silver Has Been Underperforming

  Published 30 April 2019 | viewed 12,264 times

  The Commerce Department says the U.S. economy expanded 3.2 percent during the first quarter, the best beginning to a year since 2015 and considerably better…

• Goldman Suddenly Goes Cold On Commodities

  Published 30 April 2019 | viewed 7,294 times

  Commodities may be hot, but increasingly they’re too hot to handle. Coming into 2019, many pundits were bullish about commodities, citing market risks such as…

• Crypto Reality Check Causes $10-Billion In Losses

  Published 28 April 2019 | viewed 5,420 times

  Nowadays, it doesn’t take much to spook cryptocurrencies markets. After a few weeks of relative calm, the markets are on the move again, shedding $10…

• Illegal African Gold Makes It Way To UAE

  Published 26 April 2019 | viewed 9,803 times

  There is a new gold rush in Africa, and the UAE is busy cashing in on the lucrative yet unregulated industry, as exposed by an…

• Microsoft Sets Sights On Trillion-Dollar Valuation

  Published 25 April 2019 | viewed 2,117 times

  The world’s largest software and cloud company, Microsoft Corp. (NASDAQ: MSFT) is rapidly closing in on the rarefied $1-trillion club after the company beat Wall…

• US Charges Chinese Engineer Over Stolen GE Trade Secrets

  Published 25 April 2019 | viewed 2,235 times

  The U.S. has charged a former Chinese engineer and a businessman of stealing General Electric’s turbine technology and sneaking it out to China, marking the…

• Feds Target Forex Company In $75 Million Ponzi Scheme

  Published 23 April 2019 | viewed 9,344 times

  Point-spread scams, signal-seller scams and robot scamming are well known ‘new-age’ incarnations of forex fraud. Unbeknownst to many traders and investors is that another far…

• Strong U.S. Dollar Weighs On Blue Chip Earnings

  Published 22 April 2019 | viewed 7,737 times

  So much for trade wars and tariffs being Wall Street’s boogie man. When the Fed signaled a U-turn in its monetary tightening policy earlier this…

• Amazon Calls It Quits On Alibaba’s Home Turf

  Published 21 April 2019 | viewed 8,576 times

  Amazon Inc. (NASDAQ:AMZN) is as daring as they come, but knows a lost cause when it sees one. After nearly two decades squaring it off…

• Did Facebook Just Become ‘Uninvestable’?

  Published 20 April 2019 | viewed 4,833 times

  Beset by months by scandals and setbacks, Facebook Inc. founder, chairman and CEO, Mark Zuckerberg, is in the hot seat once again. This time around,…

• Canopy Growth Eyes U.S. Pot Producer In $3.4B Takeover Deal

  Published 18 April 2019 | viewed 2,163 times

  After a particularly busy period last year, merger mania in the legal weed industry is still showing no signs of a cool-down. Reports have emerged…

• Marijuana’s Bizarre Bottleneck Isn’t What You’d Expect

  Published 17 April 2019 | viewed 8,364 times

  It’s one thing when a cutting-edge company like Tesla Inc. is unable to meet its delivery targets due to automation challenges at its gigafactory. It’s…

• Climbing Stocks Weigh On Gold, But A Turnaround May Be Near

  Published 17 April 2019 | viewed 7,478 times

  Gold has once again been wrong-footed, having lost some of its luster to drop to its lowest level this year. June gold futures on Comex,…

• Inside China’s Renewed War To Purge the Internet

  Published 15 April 2019 | viewed 4,408 times

  Beijing has been incessantly harping on about its successful transition to an open economy and plans to further liberalize its markets to foreign investors. Yet,…

• Telecom War Gets Messy As 5G Speed Remains Undefined

  Published 13 April 2019 | viewed 13,345 times

  The battle for the best wireless network is on. After years of PR and marketing hype, wireless carriers have finally turned on their 5G networks.…

• The Most Mouth-Wateringly Unprofitable IPO This Year

  Published 12 April 2019 | viewed 2,548 times

  Profits and profitable companies are so banal. Money-losing companies like Uber, on the other hand, are much more exciting for investors—especially if they are growing…

• Ballooning US Deficit Is A ‘House of Cards’

  Published 11 April 2019 | viewed 5,684 times

  More than once has President Trump boasted that his administration has accomplished an “economic turnaround of historic proportions”; but the sheer magnitude of the bill…