Barry Stuppler

The U.S. Dollar Index was approaching the 94 level this morning, driving Gold down to a low of $1,282 per ounce . . . .

After Venezuela, Germany, Austria and the Netherlands prudently repatriated a substantial portion (if not all) of their physical gold held at the NY Fed or other western central banks in recent years, one month ago Turkey announced that it too has decided to repatriate its gold stored in the US Federal Reserve and deliver it to the Istanbul Stock Exchange . . . .

As the U.S. Dollar continues to move higher and the 10-Year Treasury moves to 3.10%, Gold remains under $1,300 per ounce . . . .

Today Gold traded between $1,285 and $1,295 per ounce with average trading volume . . . .

How can we map the global economy between now and the middle of the century? . . . .

It looks to be another boom year for gold. Investors are anticipating a continued demand for the precious metal for the fifth year in a row . . . .

The low interest rate economy has meant that good conservative investments have been few and far between . . . .

Interesting overnight trading in the Gold market. In Asian trading, Gold reached $1,296 per ounce on the possibility of North Korea cancelling the Trump summit . . . .

Gold broke down below the key $1,300 per ounce level, reaching a low of $1,289.50 before finding buyers . . . .

The combined purchases by Russia, Turkey and Kazakhstan accounted for nearly 50% of the overall net gold purchases . . . .