Barry Stuppler

Take it from “Dr. Doom”: own some physical gold and keep it out of the banking system . . . .

While everyone pays such close attention to every tick of the stock market and the cryptocurrencies, gold has been quietly flying under the radar. Not many have noticed that it’s now outperforming the S&P 500 so far this year . . . .

Gold prices are set to jump to a four-year high of $1,400 an ounce by the end of the year over mounting tensions between North Korea and the US, and surging demand in the world’s biggest consumers, according to the head of precious metals at a Russian investment bank . . . .

After hitting a 9-week high last Friday, Gold is seeing some normal profit-taking . . . .

Gold is the preeminent monetary metal, and throughout history to this day, it has projected the most enduring images of wealth. Consider how often gold bars are used to depict glamour and riches. Silver is in its shadows, but as an asset, it contains similar wealth-protecting qualities, perhaps with even greater return potential . . . .

As geopolitical tensions around North Korea continue to dominate the gold market, analysts debate over how much profit taking the yellow metal might see next week after nearing the key $1,300 level on Friday . . . .

Gold saw solid gains today as it traded near the top of its recent trading range in a narrow $10 high/low range of $1,291 to $1,281 . . . .

The gold price is powering ahead today, racking up its fourth straight day of gains as political tensions boil over between the US and North Korea with the later threatening to strike the US Territory of Guam . . . .

Gold broke through the $1,280 short term resistance level today and is continuing higher . . . .

Fire & fury, and Gold is back on its bullish track, reaching a high of $1,276 today . . . .