Gold, Silver and Platinum Flex Their Muscles
One thing we have learned the last couple of days, there is underlying strength in the metals. Gold, Silver and Platinum were all in danger this week at one time or another and all 3 […]
Salesforce Trims Full-Year Outlook
Salesforce.com Inc. cut its full-year earnings outlook as the company said it provided payment relief to some customers and made new investments in the face of the coronavirus pandemic. The provider of subscription-based business software […]
Boeing’s Massive Layoff Plan
Boeing told employees Wednesday that almost 7,000 of them will receive layoff notices this week. With more than 5,500 voluntary buyouts added in, the company will slash almost 12,300 U.S. jobs in this first batch […]
Like a Great Horse Race, Gold, Silver and Platinum Charge Late
In horse racing we have the Triple Crown, on Wednesday the Metals had their own race. Gold, Silver and Platinum had reversed early Wednesday and were getting hammered. By the end of the day they […]
Today’s Weather: Gold Stormy, Silver and Platinum Calm
Gold has become like a weather report, unpredictable and timing is almost impossible. The last few weeks have been very stormy for Gold, although the long-term trend remains up, the short-term action has been negative. […]
Warner Music Sets IPO Plan
The Warner Music Group, the home of stars like Ed Sheeran, Cardi B and Led Zeppelin, announced on Tuesday that it would proceed with an initial public offering that would value the company at up […]
Gold Under Pressure, Silver and Platinum Moving Higher
Gold is under pressure this morning and in danger of breaking a key support level. It appears that the big seller is still there as we saw on Monday with just the electronic market trading. […]
Lufthansa Receives $10 Billion Bailout
Lufthansa will receive a bailout worth 9 billion euros, or $9.8 billion, to help the airline survive an “existential emergency” caused by the pandemic and a virtual shutdown of passenger air traffic, the German government […]
Gold Bounces as Expected
On Thursday Gold, Silver and Platinum were hit with some heavy selling and a reversal. They were all hit after rallying early, when the day was over it was an ugly day. All three came […]
Facebook Making Shift Towards More Remote Workers
Mark Zuckerberg is shifting Facebook Inc. toward a substantially remote workforce over the next decade, permanently reconfiguring the tech giant’s operations around the dispersed structure that the coronavirus pandemic forced on it.
The plan, which the […]