Gold and Silver Under Pressure

October, 16, 2019|

As expected, gold and silver are under pressure once again. We have been writing for weeks that the metals appear to be headed lower. The trends in both gold and silver are lower, which brings lower levels into play...

President Trump and The Mideast

October, 16, 2019|

Sometimes it is tough to imagine what President Trump is thinking. His latest move is the new war in Turkey. Although we are the main supporters and suppliers of weapons to the Kurdish forces, it appears that Mr. Trump is willing to cede power to Ankara and other regional players. It seemed to be a quick switch to what was a stabilizing situation...

Gold and Silver Consolidating

October, 15, 2019|

As gold and silver prepare for their next move, they are in the consolidation phase. We have written many times before that this phase is the most challenging and creates the most uncertainty for traders and investors...

More Problems for J&J

October, 15, 2019|

Johnson & Johnson Problems Mount

Johnson & Johnson, facing lawsuits from more than 100,000 plaintiffs over its product safety and marketing tactics, has taken the aggressive strategy of battling many of the cases in court. And it is losing. A lot. Juries and judges have ordered the health-products giant to pay billions of dollars...

Gold and Silver Bouncing this Morning

October, 14, 2019|

The short term down trend in metals continue, gold and silver both failed last week at resistance. Friday saw some heavy selling early before rallying back, cutting their losses in half. This morning metals are slightly higher but well-off Friday’s highs...

Gold Closes Below 1500

October, 11, 2019|

Thursday saw gold and silver sell off, the selling was not panic or fear induced, it was simply failing from a resistance level. The trend has reversed and is now lower, which indicates selling rallies that reach resistance...

SAP Making Changes

October, 11, 2019|

SAP CEO Steps Down

Bill McDermott stood down on Friday after a decade building up SAP as the world's leading enterprise software company, handing the task of completing its transition to cloud computing to new co-CEOs Jennifer Morgan and Christian Klein...

Gold Bulls Won’t Give Up

October, 9, 2019|

The Gold and Silver bulls continue to insist the metals are going higher. The buyers continue to step in on pullbacks trying to convince themselves there is no risk. As per our headline yesterday, the metals should be headed lower based on the current pattern...