Gold and Silver Decision Point

November, 18, 2019|

Gold and silver are at the moment of truth, both on key support: gold 1440 December futures, silver 16.80. The bottom pickers are out in full force and looking for a reason to buy. They are making comparisons to every reason to buy in history...

40 Billion Gone

November, 18, 2019|

There have been some spectacular failures in the wild and wacky world of tech startups (check Uber and Lyft) but nothing can top the implosion of WeWork and its arrogant CEO Adam Neuman. Mr. Neuman had been at the helm of two other startups that went broke, but for some reason people loved to lend him money. One of his biggest supporters was SoftBank Group Corp. and its CEO Masayoshi Son who lent the startup billions...

Gold and Silver Fail at Resistance

November, 15, 2019|

After Wednesday and Thursday’s rally in the metals, both gold and silver have failed at resistance. This action was expected, gold and silver remain in downtrends. Expectations for the metals is to test the lows made on Tuesday...

Walmart Streak Reaches 21 Months

November, 15, 2019|

Walmart Continues Growth Streak

American consumers showed no signs of belt-tightening in sales results from Walmart Inc., offering comfort to retailers worried about fallout from the trade war and the health of the global economy as the holiday shopping season nears...

Gold Spiking Higher – What Does it Mean?

November, 13, 2019|

On Tuesday, gold and silver were once again under pressure. Both traded down considerably before a late day rally pared losses, still closing lower on the day. The pressure is on the metals and they are in danger of breaking down...

Dean Foods Bankrupt

November, 13, 2019|

Dean Foods Files for Bankruptcy

Dean Foods, America's largest milk producer, is filing for bankruptcy. The 94-year-old company has struggled in recent years because Americans are drinking less cows milk. 2019 has been particularly brutal: the company's sales tumbled 7% in the first half of the year, and profit fell 14%. Dean Foods stock has lost 80% this year...

Gold and Silver Look Weak

November, 12, 2019|

On Monday, which was a quiet day in general, the metals struggled to hold the earlier rallies. The action remains bearish with very little reason to believe the lows are in. There appears to be more room to the downside which should take the metals to a new support level.

WeWork Looking for a Lifeline

November, 12, 2019|

WeWork in Talks to Hire T-Mobile CEO

WeWork is in discussions with T-Mobile US Inc. Chief Executive John Legere to take over leadership of the troubled office-sharing startup, according to people familiar with the matter.

WeWork’s parent, formally known as We Co., is searching for a CEO who can stabilize the company following the erratic tenure of its co-founder Adam Neumann...