Barry Stuppler
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Gartman Says Switzerland Still Focal Point For Gold But Waning
(Read More)Gartman noted that Switzerland is a very important focal point for the gold trade although its importance has waned over the years, and interest has shifted towards Asia . . . .
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Daily Market Report 5/25/16
GOLD After breaking below the $1,250 per ounce support level yesterday, Gold is trying to establish a new short term trading range. Gold did hit a low of $1,217 per ounce in early Asian trading before finding bargain buying. At 11am PDT today, Gold is trading at $1,224, down $6 per ounce on average volume. SILVER Silver is showing better...(Read More) -
Gold in longest slump since November as Fed signals higher rates
(Read More)Gold fell for a fifth day, heading for the longest slump in six months, as more Federal Reserve officials weighed in with comments that supported the case for higher borrowing costs, strengthening the outlook for the dollar and denting the metal’s allure . . . .
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Daily Market Report 5/24/16
GOLD Continued concerns about the possibility of an increase in interest rates next month by the Federal Reserve and weaker physical demand figures from Asia have resulted in a small sell off in Gold. Gold reached a low today of $1,228 per ounce, which is a very attractive price. Remember, $1,200 is our long term support level, and based on...(Read More) -
Weekly Market Report 5/23/16
(Read More)Gold/Silver testing support levels before the next leg higher . . . .
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Daily Market Report 5/23/16
GOLD During Asian trading this morning, Gold reached a low of $1,243 per ounce before attracting fresh buying. The Gold price has been trading between $1,243 and $1,256 per ounce today. A solid move back above the key $1,250 per ounce needs to happen very soon to keep the positive bias. At 11am PDT today, Gold is down $4, trading...(Read More) -
Daily Market Report 5/20/16
GOLD During trading yesterday, Gold briefly broke the important $1,250 per ounce support level, reaching a low of $1,245 per ounce. At that point, excellent demand appeared and drove the price back up to $1,260. Now, Gold has established a short term support range between $1,250 and $1,260 per ounce. I look for Gold to move higher early next week...(Read More) -
4 Practical Reasons to Consider Reallocating Some Assets to Gold
(Read More)Risk aversion and investor demand for gold investments signal an inflection point for asset allocation . . . .
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Daily Market Report 5/19/16
GOLD In late trading yesterday, the Federal Reserve released their latest minutes. The minutes left an opening for a possible interest rate increase in June. This news caused Gold/Silver to decline sharply, and the U.S. Dollar to rally. After the Fed’s news, Gold dropped to a low of $1,246 per ounce in Asian trading before finding bargain buying. The Fed...(Read More) -
Daily Market Report 5/18/16
GOLD The markets continue to consolidate while building a nice long base for the next leg up. This is very impressive news for Gold considering the U.S. Dollar is hitting a 3-week high. We are currently awaiting the FOMC meeting news, due out at 11am PDT today. At 11am PDT, Gold is trading at $1,273, down $4 per ounce on...(Read More)
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Recent Posts
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Gold & Silver Trading Around Support Levels ByJune 2 2026
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Gold’s Weak Hands Dumped, But the Strong Hands Never Left ByJune 2 2026
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Gold & Silver Testing Key Support Levels Again ByJune 1 2026
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Gold & Silver testing Key Support Levels Again ByJune 1 2026