Dramatic Reversal for Gold and Silver

August, 2, 2019|

Almost as if we had seen today’s newspaper yesterday, Gold and Silver had one of the most recent reversals in years. After the FED decision on Wednesday, the metals got hammered. That selling continued into Thursday morning, but by the end of the day both had dramatic recoveries...

Markets Meltdown on Tariff Talk

August, 2, 2019|

More Tariffs for China?

President Trump, frustrated by increasingly fruitless negotiations with China, said Thursday that the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation...

FED Meets Expectations

August, 1, 2019|

Fed Cuts Rates

The Federal Reserve moved to cut interest rates by a quarter-percentage point—the first reduction since 2008—in a pre-emptive strike to cushion the economy from a global slowdown and continuing trade tensions...

Gold, Equities and Bonds Waiting on the FED

July, 31, 2019|

Today has been circled on all traders and investors calendars as the most anticipated FED announcement in years happens at 2:00 EDT. The markets have priced in a .25 bps rate cut which has propelled gold, equities and bonds higher...

AAPL Revenue Rises

July, 31, 2019|

Apple’s Revenue Rises

Apple Inc. countered another quarter of weak iPhone sales with strong revenue growth from its supporting businesses, the latest in a series of positive results from Silicon Valley’s tech titans...

Gold Looking to Breakout

July, 30, 2019|

Yesterday we wrote that Gold and Silver would probably be quiet and flat until after the FED reported on Wednesday. It now looks like the metals are trying to get a jump on the FED and have started to rally...

Is There a Data Breach in Your Wallet?

July, 30, 2019|

Capital One Data Breach

In one of the biggest-ever data breaches, a hacker gained access to more than 100 million Capital One customers' accounts and credit card applications earlier this year. The compromised data includes 140,000 Social Security numbers, 1 million Canadian Social Insurance numbers and 80,000 bank account numbers...