Barry Stuppler

Trading activity is fairly uneventful given the lack of major news topics affecting the markets . . . .

One of my buddies likes to bug me about my gold views . . . .

It appears that all the precious metals are in positive territory today . . . .

With a narrow $10 trading range, Gold has been fairly calm in the US trading markets . . . .

Gold flows from West to East seem to be holding up well, at least as far as imports into Greater China from Switzerland are concerned . . . .

In June Russia added a further 500,000 ounces (15.6 tonnes) of gold into its forex reserves bringing them to a total of 62.5 million ounces (1,944 tonnes) so heading for a year-end total of over 2,000 tonnes . . . .

Last week Donald Trump broke the theoretical “Chinese Wall” that is supposed to exist between the Government and the Fed when he offered a stunning rebuke of the Fed’s current policy to continue raising interest rates . . . .

President Trump continues the discussion on not raising interest rates that he had yesterday on CNBC . . . .

Russia has left the list of 33 largest holders of US government bonds, after the country disposed of at least a third of remaining bonds, a message from the US Treasury said . . . .

Gold dipped in the early London trading hours but is coming back up in price from its year low . . . .