FACTSET is reporting that In the second quarter, FORTY-FOUR S&P 500 companies–the most in a decade– paid an annual dividend that actually exceeded their latest 12 months of net income–in other words, paying ALL profits out in dividends!! Experts say, of course, it’s not sustainable–Steve names the names of some big companies doing it right now– But first, gold expert Nick Grovich is here to analyze the precious metals market and where its headed.
