For days we have written about the consolidation pattern that gold was trading in and that if the metal could close above 1350, 1400 would be next. In less than 12 hours gold has closed above 1350 and overnight almost got to 1400...
Things got testy again this week with our good friend Iranian President Hassan Rouhani and Mr. Trump sparring over who is causing Oil tankers to blow up in the Strait of Hormuz. According to the President of Iran, the problem is being caused by the attacks on neutral ships...
General Electric Co. unveiled plans Tuesday to shed two big business units, the culmination of a drastic effort to revitalize what once was one of the U.S.’s largest and most-valuable companies. Chief Executive John Flannery, whose first year on the job saw a sharp decline in GE’s stock price, said the company would spin off its health-care division and sell its ownership stake in oil-services company Baker Hughes...
