Gold’s big drop is just the beginning of a longer slide

2019-09-06

Gold’s short-term direction is down, according to contrarian analysis. This forecast has nothing to do with Thursday’s big drop in bullion’s price. It instead traces to the gold timers’ recent jump onto the bullish bandwagon. From a contrarian perspective, of course, that means that the path of least resistance overRead More →

European markets drop as SocGen warns on Q4 revenues

2019-01-17

European indexes were in the red on Thursday, as French bank Société Générale SA announced it expected its fourth-quarter capital markets revenues to fall by around 20%. In the U.K., Prime Minister Theresa May has survived a no-confidence vote, freeing her to start cross-party discussions on finding a way forwardRead More →