Barry Stuppler

With oil and gas prices reaching record highs and the 10-year Treasury yield hitting 5% in early U.S. trading, Gold reached a low this morning of $4,253 per ounce... Barry Stuppler

The U.S. Bureau of Labor Statistics announced today that the Consumer Price Index (CPI) rose 0.4% in August... Barry Stuppler

Today, it was reported that the August PPI (Producer Price Index) rose 0.4% on the month and 5.4% from a year earlier, with core producer prices up 0.3% on the month and 4.7% year-over-year. Goods inflation jumped 4.2% in energy and a 24.1% surge in diesel fuel... Barry Stuppler

As the U.S. Treasury aggressively buys more bonds, the U.S. dollar is weakening... Barry Stuppler

Over the long weekend, the Iranian war has heated up, with the average number of ships traveling through the Strait of Hormuz falling to the lowest levels since May. . .

This morning, Qatar’s Foreign Ministry spokesperson told US media that opening the Strait of Hormuz is a priority, as the world faces an "industrial catastrophe" if the crisis continues... Barry Stuppler

After yesterday’s drop in August job numbers by adding only 38,000, well below the forecast of 47,000, Gold started moving higher... Barry Stuppler

The Gold price was holding above $4,400 in early Chinese and Indian trading... Barry Stuppler

Federal Reserve chairman Warsh said that inflation was a bigger concern than a slowing labor market. . . Barry Stuppler

Gold reached a low of $4,395 in India before seeing sizeable demand, driving the price up to $4,470 per ounce when trading in London... Barry Stuppler