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Price of Gold Fundamental Daily Forecast – Underpinned by Trade Deal Concerns, Capped by Demand for

Although the trade deal is being perceived as positive, there are some concerns being raised by analysts. This is helping to contribute to today’s cautious trade in the financial markets. These worries may be helping to underpin gold prices. Goldman Sachs is o...

Drone Technology Company Is in the Limelight Amid Data Security Concerns

As worries over drone data take center stage, Red Cat Holdings' blockchain technology offers security and integrity of data. Drone data security has become a hot issue. The Department of the Interior last fall grounded its 1,000-strong drone fleet and in Jan...

FedEx Shares Down 13.5% on Earnings and Global Trade Concerns

FedEx Corp. shares are trading much lower today after it reported Q1/20 earnings. The firm confirmed it will raise prices by 4.9% to 5.9% in January 2020. After the close of trading yesterday express air freight carrier FedEx Corp. (FDX:NYSE) announced consolidated...

Precious Metals Setting Up Another Momentum Base/Bottom

Just as we predicted, precious metals are setting up another extended momentum base/bottom that appears to be aligning with our prediction of an early October 2019 new upside price leg. Recent news of the US Fed decreasing the Fed Funds Rate by 25bp as well as strength in ...

Asian Shares Boosted by Fed Signals; Trump to Meet with Top Advisors over Tariffs

U.S. President Donald Trump is expected to meet with top trade advisors on Thursday to discuss planned December 15 tariffs on some $160 billion in Chinese goods, three sources familiar with the plans said, according to Reuters, as markets braced for potential negative impacts...

Treasuries Pause Near Resistance Before The Next Rally

Our research team believes the US Treasuries and the US Dollar will continue to strengthen over the next 2 to 6+ weeks as foreign market and emerging market credit and debt concerns outweigh any concerns originating from the US economy or political theater. Overall, the major ...

North American Drone Company to Begin Trading Amidst Move Away from Chinese Drones

As security concerns grow in the West over Chinese-made drones, this North American manufacturer could take off. Draganfly Inc. (DFLY:CSE) begins trading on the Canadian Securities Exchange on Tuesday, November 5 under the symbol DFLY. Chinese manufacturers have ...

Gold Above $1,600 Amid FOMC Minutes and Coronavirus Impact

Ladies and Gentleman, gold has overcome yet another barrier, jumping above $1,600 amid the fresh FOMC minutes and the renewed fears about the coronavirus economic consequences. What’s next for the yellow metal? Fed More Optimistic about Global Economy Gol...

Has the Equities Waterfall Event Started Or A Buying Opportunity?

Over the past 5+ days, a very clear change in market direction has taken place in the US and global markets. Prior to this, the US markets were reacting to Q4 earnings data and minimizing the potential global pandemic of the Coronavirus. The continued “rally to the peak&Clos...

Buzz on the Bullboards: Feeling the tech selloff?

It has been a turbulent week on Bay Street and Wall Street. Canada’s commodity-heavy main stock index tumbled this week, weighed down by a near 5% drop in crude prices on demand concerns, while bullion prices slipped to a four-week low further hurting...
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