Amazon is now quietly offering Prime Members a 5% cash back credit card to compete with Target.  (Re/code)

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Quote of the Day

"I hear a lot of talk from supposed experts in the metals about how cheap the gold miners currently are. What I know for certain – despite already admitting to lacking the expertise to declare gold miners cheap – is that the same people who are telling you that gold miners are cheap have been touting that story for at least the past four years, as the miners have gotten absolutely obliterated."

(Kid Dynamite)

Chart of the Day

Amazon ($AMZN) stock has rarely been cheap on traditional measures. (Chart via ETF Replay)

(howardlindzon.com)