Barry Stuppler
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Weekly Market Report 10/17/16
(Read More)October 2016 CoinStats is now available . . . .
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Daily Market Report 10/17/16
GOLD Today the high/low price range for Gold is only $7 from $1,257 to $1,250 per ounce. This is the classic definition of building a base and consolidation after a sharp decline. Clearly the Gold price is waiting for some news or economic indicators to give it short term direction. At 11am PDT today, Gold is trading at $1,257 per...(Read More) -
China gold demand to stay firm at 900-1,000 tones in 2017
(Read More)Demand for gold from top consumer China will remain strong at around 900-1,000 tonnes next year, near 2015 levels, although a weaker appetite for jewelry and slowing economy could curb purchases, an official of the World Gold Council said . . . .
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Daily Market Report 10/14/16
GOLD Today reminds me of the movie “Ground Hog Day,” it’s the same price range, volume and base building all over again. Gold is stuck in a narrow trading range from $1,250 to $1,260, awaiting news that will cause it to breakout. At 11am PDT today, Gold is trading at $1,257 per ounce, down $1 on average volume. SILVER Silver...(Read More) -
Has the gold price digested another US rates rise?
(Read More)Metal remains firm overnight despite Federal Reserve minutes pointing to December increase . . . .
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Daily Market Report 10/13/16
GOLD With today’s report of weak economic growth in China and a strong U.S. Dollar, Gold has held above the key $1,250 level. Clearly, Gold is showing excellent support at this level in the face of negative news. At 11am PDT today, Gold is up $5, trading at $1,258 per ounce on excellent volume. SILVER Silver continues to stabilize while...(Read More) -
Daily Market Report 10/12/16
GOLD Gold continues to build a base in the $1,250 to $1,260 price range on good volume. I would expect to see a breakout of this range (hopefully higher) by Friday. Physical demand for popular Gold investment products is very strong in Asian, Middle Eastern, and European markets. At 11am PDT today, Gold is down $3, trading at $1,253 per...(Read More) -
Daily Market Report 10/11/16
GOLD Gold has traded in a narrow $10 high/low price range today, from $1,262 to $1,252 per ounce. After the recent price decline, it would be healthy for the Gold price to stabilize for a while. At 11am PDT today, Gold is trading at $1,256 per ounce, down $3 on good volume. SILVER Silver is currently trading in a short...(Read More) -
Weekly Market Report 10/10/16
(Read More)Last week’s decline provides great opportunity to buy Gold/Silver . . . .
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Daily Market Report 10/10/16
GOLD Asian and Mid-Eastern precious metal buyers helped stabilize the price this morning. Gold showed excellent demand today on a $5 rally. I think the worst of the recent decline is over, and the Gold price should gradually work its way back to the $1,300 price level. At 11am PDT today, Gold is trading at $1,259 per ounce, up $5...(Read More)





