Interview: La Presse (Montreal)

Albert interviewed by Andre Dubuc of Montreal’s French newspaper, La Presse.     Link to: Part I Link to: Part II   ENGLISH TRANSLATION Gold has had a prosperous year (New Orleans) The yellow metal has just had a fantastic year and a price of $3000 US per ounce is within reach. The future looks bright, according to experts met at the conference, although a correction cannot be ruled out…

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Luma Market Update – 5/23/2022

Luma Market Update – 5/23/2022 (6 min)     TRANSCRIPT OPEN Investors feeling a lot of anxiety right now… and for good reason. Let us look at what happened and what may lie ahead. From Luma Financial, this is your Market Update. Hello, this is Albert Lu coming to you from Southern California. Today is Monday May 23. INTRODUCTION U.S. markets closed higher today. Heavy selling last week combined with…

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Update: MGM Growth Properties

On Wednesday, VICI Properties announced it was acquiring MGM Growth Properties (MGP:NYSE) for $17.2 billion, a 16 percent premium on MGP’s Tuesday close. Shareholders of MGM Growth Properties will receive $43 in newly issued Vici stock for each Class A share. MGM Growth Properties is a REIT that spun-off from MGM Resorts (it’s largest tenant). It’s portfolio includes Mandalay Bay, the Luxor and the MGM Grand, all on the Las…

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